Take Stock Of A Week'S Financial News And Keep Up With The Latest News.

< p > < strong > the SFC detailed the "two fusion" hot spot margin trading, prohibiting naked short selling < /strong > < /p >.
< p > margin trading has been developing steadily for more than three years, and the role of the market has gradually increased. Yesterday, the SFC answered questions related to margin trading in its official micro-blog. According to the SFC, on the whole, the relevant legal rules system and mechanism of margin trading have been established and sound, and the legitimate rights and interests of investors can be effectively protected. Up to now, there are 700 stocks for margin trading, including 400 stocks in Shanghai stock market. < /p >
< p > < strong > new three board listed enterprises are expected to exceed 1000 /strong < < /p > in the year.
< p > National SME share transfer system (hereinafter referred to as the "national share transfer system", commonly known as the "new three board") has been normalized. Yang Xiaojia, chairman of the national stock transfer system, said yesterday that this year, we will carry out the construction of the national stock transfer system in terms of system construction, improving the regulatory system, speeding up market innovation, vigorously developing institutional investors, and serving the grassroots economy, so as to achieve the simultaneous improvement of market size and quality. < /p >
< p > < strong > stock conversion system will offer preferred stock and other financing tools < /strong > < /p >
Yang Xiaojia, chairman of the national stock transfer system 20, said in a symposium on "the news media entered the national share transfer system" on the day of P. This year's national share transfer system will promote 5 priorities. Among them, a new financing tool, such as corporate bonds, convertible bonds and preferred stock, will be launched to provide diversified financing options for listed company. At the same time, we encourage and support securities companies and fund companies to design products for ordinary investors and invest in listed company securities. < /p >
< p > < strong > RMB a href= "http://www.91se91.com/news/index_c.asp" > trend devaluation < /a > turning point is not yet > /strong > /p >
According to the latest data of China Foreign Exchange Trading Center (P), the central parity of RMB against the US dollar in February 20th was 6.1146, down 43 basis points from the previous trading day. This is the third consecutive trading day of the central parity of the RMB against the US dollar, which has reached a new low since 2014. In the last three trading days, the central parity of RMB against the US dollar has fallen by nearly 100 basis points. In the overseas non deliverable forward (NDF) market and spot market, < /p >
< p > < strong > HSBC China PMI initial value hit 7 months low, < /strong > /p >
< p > at the beginning of the horse year, the economic downward pressure is bigger. Yesterday, HSBC released data show that in February, HSBC China Manufacturing Purchasing Managers Index (PMI) initial value was 48.3, 1.2 percentage points lower than the final value in January, a 7 month low. Qu Hongbin, chief economist of HSBC China, believes that HSBC PMI's initial value declined further in February, and new orders and production fell into the contraction area, reflecting the impact of stock taking activities. With the increase of inflation pressure, the kinetic energy of manufacturing growth may be slowing down. < /p >
< p > < strong > slower growth rate is less important to control local debts. < /strong > < /p >
The initial value of HSBC China Manufacturing Purchasing Managers Index (PMI), released on February (P) 20, was 48.3, the lowest in 7 months. Analysts believe that China's economic growth is facing downside risks in the first half of this year, judging by recent releases of PPI and PMI data. Experts said that in the next few years, China's economic growth will enter the new normal range of "7%-8%". It is estimated that the growth rate of GDP will be around 7%-7.5% in 2014. Moderate slowdown in economic growth will not pose great risks or challenges to our country. < /p >
< p > < strong > the central bank decided that this year's a href= "http://www.91se91.com/news/index_c.asp" > credit policy < /a > requires bank financial enhancement responsiveness < /strong > /p >
"P", the central bank has exclusively informed the central bank that the central bank has issued the credit policy work to all branches and banking financial institutions in 2014. The central bank clearly pointed out that in 2014, we should give full play to the guidance of credit policy, better support the transfer mode and adjust the structure, and serve the development of the real economy, and put forward that we should further evaluate the effectiveness of the credit policy guidance, and enhance the response ability of the banking financial institutions to the central bank's credit policy. < /p >
< p > < strong > Central Bank two degree repurchase overnight interest rate is still below 2% < /strong > /p >
< p > the central bank has resorted to second repo operations, but the market capital price has continued to change the underlying tone, which shows that the mobile character bureau is moving towards a relaxed direction. The overnight interest rate in the interbank market closed yesterday at 1.9124%, the first time since April 1st last year, it has fallen below 2% after 10 months. In yesterday's open market operation, the central bank continued to withdraw 60 billion yuan of funds, locking funds for a period of 14 days, operating interest rate 3.80%. Affected by this... < /p >
< p > > strong > area < a href= "http://www.91se91.com/news/index_c.asp > > financing scale < /a > for the first time, the central bank accurately monitored regional financial risks < /strong > /p >
On the morning of P 20, the central bank released the statistical data on the scale of regional social financing for the first time. Data show that Guangdong, Beijing and Jiangsu occupied the top three areas of social financing scale in 2013. The head of the central bank's mediation bureau pointed out that the establishment of statistics on regional social financing scale not only helps increase financial support for the regional economy, but also helps to strengthen regional financial risk monitoring. For example, in some areas, non bank financial institutions have higher loan ratios and faster growth. < /p >
< p > < strong > Tianjin into the free trade zone second seats "hot runner" < /strong > /p >
< p > following the sudden rise of the Tianjin free trade zone concept stocks in February 18th, the 19 day Tianjin free trade zone concept stocks broke out again, and Tianjin magnetic cards approached the limit. Tianjin Songjiang, Tianjin Binhai Development and Tianjin shipping all rose sharply. Market participants believe that a number of positive rumors recently pushed the sector to go higher again: first, before the Spring Festival, there was news that the State Council defined Tianjin as China's first comprehensive reform and Innovation Zone and enjoyed all the policies that exceeded the Shanghai free trade zone. < /p >