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    China Securities Daily 14 News Summary Of Major Financial Media

    2011/1/14 10:00:00 79

    China Securities Journal Financial Media News


      

    Central bank development

    Overseas Direct Investment

    RMB settlement pilot


    The people's Bank of China issued the 13 "pilot management method for RMB settlement of offshore direct investment", in line with the pilot of RMB settlement in cross-border trade, and facilitated domestic institutions to invest abroad in Renminbi.

    Analysts believe that this move marks a new step in the convertibility of RMB capital account, and is conducive to the internationalization of RMB.


    It is said that RMB's overseas direct investment includes the establishment or acquisition of all or part of the interests of an enterprise or project abroad through means of establishment, merger and acquisition and equity participation.

    Domestic institutions refer to non-financial enterprises registered in the pilot area for cross border trade RMB settlement.


    The method requires that enterprises undertaking overseas direct investment should be approved by the competent department of foreign direct investment.

    Domestic institutions should specify the amount of investment to be invested in Renminbi.


      

    Property tax

    The Chongqing property market is different.


    Since Chongqing has decided that the property tax rules will be issued soon, it has become the focus of attention all over the world. How much is the impact of the property tax on Chongqing's real estate market?


    At present, the property tax has been determined that the stock and incremental housing will be levied. However, the Chongqing municipal government and relevant departments have been tight lipped. There are several versions of the rumors in the market. According to the China Securities Journal reporter, the most likely is the high priced commercial housing with a floor area of more than 144 square meters or a price of 2 to 2.5 times the average selling price of the market.


     

     

    Changan automobile

    Additional 500 million yuan less


    On the eve of the public offering, the Changan auto (000625) released shares on the eve of the purchase price fell below the purchase price. The company finally decided that the issue amount would be 360 million shares, and the total amount raised would be 3 billion 508 million yuan, less than 12% of the original plan.

    Among them, underwriting group underwritten 103 million shares, accounting for 28.51% of the total issued.

    This is the first public issuance of underwriting group underwriting for the first time this year.


    The issuance of the Changan motor vehicle is no more than 411 million shares, the issue price is 9.74 yuan / share, and the total amount of the total capital raised is not more than 4 billion yuan.

    The issuance was issued online to the public investors and offline investors. It was purchased online and offline in January 11th.

    The proportion of online and offline presupposition is 40%:60%.


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