The State Council: Complete the financial stability guarantee fund raising work before the end of September

The State Council announced its opinions on the implementation of the key work division of the "Government Work Report": Requesting the People's Bank of China Taking the lead, the National Development and Reform Commission, the Ministry of Justice, the Ministry of Finance, the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission, the State Administration of Foreign Exchange, etc. are responsible according to the division of responsibilities. The relevant work on raising the financial stability guarantee fund will be completed by the end of September and will continue to be promoted during the year.

Source: China Government Website

China Banking and Insurance Regulatory Commission: The establishment of the Financial Stability Guarantee Fund is in progress, mainly for the disposal of major systemic risks

On March 25, The person in charge of the relevant department of the China Banking and Insurance Regulatory Commission said that the Financial Stability Guarantee Fund is an important risk disposal measure for systemic risks and performs routine functional disposal. The Financial Stability Guarantee Fund is taken from the market and used in the market. In terms of fund fees, differentiated fees will be implemented for different industries and entities to better balance risks, returns and responsibilities.

Source: China Business News

People close to the regulatory authorities: Chinese and American regulatory agencies are working towards each other to achieve effective and sustainable cooperation as soon as possible

" It should be said that both Chinese and American regulatory agencies are fully aware of each other's concerns and are working toward each other to find solutions to the problems so as to achieve effective and sustainable cooperation as soon as possible. This is in the best interest of the two countries' capital markets and global investors. "In response to the market's recent concern about Sino-US audit regulatory cooperation, an industry insider close to the regulatory authorities said. According to reports, some Chinese concept stock companies and investment institutions participated in a video exchange held by the China Securities Regulatory Commission today (March 27). The meeting mainly listened to the opinions of market participants on the recent situation of Chinese concept stocks.

Source: China Securities Journal

The China Banking and Insurance Regulatory Commission: will guide insurance institutions to allocate more funds to equity assets

The China Banking and Insurance Regulatory Commission will give full play to the long-term use of insurance funds The advantages of investment guide insurance institutions to allocate more funds to equity assets. The first is to further enrich the channels for insurance funds to participate in capital market investment. Support insurance companies to increase investment in the capital market through direct investment, entrusted investment, investment in public funds, etc., especially the stocks of high-quality listed companies. Allow insurance funds to invest in financial products issued by financial management companies, and support insurance funds to participate in the capital market relying on various professional institutions. Second, in accordance with the principle of “one company, one policy”, make arrangements for the transition period of the Solvency Supervision Rules (II) to maintain the stability of investment in equity assets of insurance funds. The third is to revise and improve the regulatory rules for insurance asset management companies, encourage insurance asset management companies to increase the issuance of portfolio insurance asset management products, and increase support for investments in stocks, bonds, etc. The fourth is to establish and improve the long-term assessment mechanism of insurance funds to guide insurance institutions to firmly establish long-term investment concepts.

Source: China Banking and Insurance Regulatory Commission website

Deputy Director of the National Development and Reform Commission Lin Nianxiu: No new production capacity will be added until the existing base of new energy vehicles reaches a reasonable scale

National Development and Reform Commission Deputy Director Lin Nianxiu said at the 8th China Electric Vehicles 100 Forum today that while promoting the accelerated development and growth of the new energy vehicle industry, more attention will be paid to the overall improvement of quality and brand. First, adhere to the national game of chess and strive to optimize the industrial layout. Coordinated layout is an objective requirement for the high-quality development of the new energy automobile industry. On the basis of respecting the laws of the market, we will strengthen window guidance in accordance with laws and regulations, strengthen overall planning, and optimize the industrial layout. Realize and support policies.

Source: Financial Associated Press

Hundreds of billions of renewable energy subsidies may be distributed in one go Complete corporate self-examination before the end of March

The reporter learned from industry insiders At present, relevant national departments are working hard to solve the problem of renewable energy subsidy arrears. Currently, the competent authorities are conducting a systematic review of renewable energy subsidy arrears, and will complete corporate self-examination by the end of March. It is expected that the competent authorities will complete the inspection of the above-mentioned enterprises within one quarter at the earliest, after which the state will issue a one-time payment of historical arrears of subsidies.

Source: China Securities News

The Moscow Stock Exchange will resume trading of all Russian stocks from March 28

The Central Bank of Russia announced that it will resume trading from March 28 The trading hours for all Russian stocks on the Moscow Stock Exchange are from 10:00 to 14:00 Moscow time.

Source: Financial Associated Press

(Investment consultant? Cai Jin? Registered investment consultant certificate number: S0260611090020)

2. Market hot spots

Market Comments: The GEM took the lead in filling the gap, and the main board may follow suit under the weak market fluctuations

On Friday, the market indexes of the two cities fluctuated and adjusted, and the total market transaction amount was 10% higher than that of the previous trading day. reduced.