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    Shanghai Securities Daily 31 News Summary Of Major Financial Media

    2010/12/31 10:17:00 63

    Shanghai Securities News Financial News


      

    Two thousand and ten

    Chinese stock market

    Big shock of stock index

    financing

    set a new record


    The contents of China's stock market in 2010 are very rich.

    This year, the Shanghai composite index began at around 3200 in the year and fell to 2319 at the beginning of July. In the sharp rebound in October, the Shanghai composite index once again rushed to 3186 in November, and then dropped to 2700 points at the end of the year.

    This year, the stock market direct financing momentum was good, the total amount of direct financing amounted to 2 trillion and 760 billion yuan, including IPO and refinancing of 943 billion 400 million yuan, a record high.

    The listing of the Agricultural Bank has become the largest IPO in the history of the world.

    This year, new industries continued to flourishing, and Internet of things, rare earth, lithium batteries, high-speed rail and so on, and the gem started a solid progress in 2010.

    This year, the introduction of stock index futures margin and margin indicates that the construction of multi-level capital market is further and has a profound impact on the operation of the stock market.


      

    Foreign Exchange Bureau

    New rules to reduce market competition entry threshold


    The State Administration of foreign exchange, 30, said that according to the new interbank FX market maker guidelines, which will be implemented in January 1, 2011, China will launch the interbank foreign exchange market to try to make market business and reduce the entry threshold for non market makers to make market competition.


    The foreign exchange bureau said that in order to further play an important role of the market in the selection of market makers, and adapt to the new situation that the interbank foreign exchange market's trading products are continuously enriched and the market positioning of commercial banks is increasingly subdivided, in August 2010, the foreign exchange bureau issued the new interbank foreign exchange market maker index, launched the interbank foreign exchange market to try to make market business, reduced the entry threshold for non market makers to make market competition, established a market maker's hierarchical system, improved the liquidity and paction efficiency of derivative markets such as long-term swap, improved the market maker's survival mechanism for the survival of the fittest, and enhanced the market makers' enthusiasm for making the market.


     

    The end of idle land remediation "end the net", the Ministry of land announced the first list of hoarding land.


    In December 30th, the Ministry of land and Resources announced the "list of 26 idle residential lands that have not yet been disposed of due to their own real estate development reports".

    The Ministry of land and Resources said that the idle time spent on more than one year of the list is less than two years.

    The real estate development enterprises and their controlling shareholders will suspend their participation in the new land auction before the idle land is investigated and put into place.

    Of these 26 idle lands, Beijing and Shanghai each have 5, 2 in Jiangsu, Fujian and Hunan, 8 in Hubei, 1 in Henan and Yunnan.

    Ministry of land materials show that the 26 pieces of idle land announced, in addition to the use of 4 pieces of land for other ordinary commodity housing, the remaining 22 land uses are residential land.


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