[Jinri Toutiao]

Central Shenzhen Reform Commission: all platform enterprise payments and other financial activities should be regulated in accordance with the law.

According to Xinhua News Agency, Xi Jinping presided over the 26th meeting of the Central Committee for comprehensively deepening Reform. The meeting stressed that all payments and other financial activities of platform enterprises should be regulated in accordance with the law, based on serving the real economy, adhere to the licensed operation of financial business, improve the rules and system in the field of payment and the risk prevention and control system, and strengthen the supervision of the whole chain and the whole field before and after the event.

It is necessary to strengthen the supervision of financial holding companies and platform enterprises to participate in the supervision of financial institutions and strengthen the supervision of Internet deposits and loans, insurance, securities, funds and other businesses.

It is necessary to protect the legitimate rights and interests of financial consumers, strengthen the anti-monopoly and anti-unfair competition supervision of platform enterprises, strengthen the supervision of platform enterprises to precipitate data, and regulate big data's familiarity and algorithmic discrimination.

It is necessary to consolidate the regulatory responsibilities of all relevant departments, improve the pattern of coordinated supervision between the central and local governments, strengthen functional supervision, penetrating supervision, and continuous supervision, strengthen regulatory cooperation and joint law enforcement, and maintain consistency between online and offline supervision. we will resolutely investigate and deal with illegal financial activities in accordance with the law.

The National standing Committee will decide to increase the support policy for automobile consumption, and the related consumption is expected to increase by 200 billion.

Premier Li Keqiang mentioned at the executive meeting of the State Council held yesterday that the policy of increasing support for automobile consumption was determined. The meeting stressed that it is necessary to further release the potential of automobile consumption: first, to activate the second-hand car market and promote the renewal of automobile consumption. For small non-operating second-hand cars, immigration restrictions will be completely lifted from August 1, and transfer registration will be subject to separate endorsement and temporary license plates from October 1. The second is to support the consumption of new energy vehicles. Car purchase tax should be mainly used for highway construction, considering the current actual research on the extension of the policy of exemption from new energy vehicle purchase tax. The third is to improve the parallel import policy and support the construction of parking lots.

The implementation of the policy is expected to increase automobile and related consumption by about 200 billion yuan this year. The auto industry chain plate may boost market confidence again.

The European Parliament passes a blockbuster climate bill: accelerating industrial decarbonization and imposing carbon tariffs in 2027

The European Parliament adopted three key draft EU laws on first reading. The new draft will support the phasing out of free carbon quotas from 2027 to a full end by 2034, and it also hopes to introduce an incentive system in 2025 to encourage companies and innovation, which means the EU will accelerate industrial decarbonization. With regard to the carbon Boundary Adjustment Mechanism (CBAM), the new draft states that CBAM will be implemented on January 1, 2023, with a transition period until the end of 2026.

Importers need to pay for the direct carbon emissions of their imported products, and the price is linked to the EU carbon market. In addition to iron and steel, petroleum products, cement, organic basic chemicals and fertilizers, the new draft also includes organic chemicals, plastics, hydrogen and ammonia within the scope of CBAM. In addition, the parliament also wants to expand to indirect emissions, including electricity collection. Zhitong APP comments: good for Chinese wind power equipment and photovoltaic modules and other enterprises.

[general trend]

The ADR index of Hong Kong stocks rose 0.46%, and the rationality of the valuation of the Hang Seng Technology Index takes time to run-in.

The three major indexes of US stocks closed down overnight, with the Dow down 0.15%, the Nasdaq down 0.15%, and the S & P 500 down 0.13%. The ADR index of Hong Kong stocks rose to close at 21105 on a pro rata basis, up 97.32 points or 0.46 per cent from the close in Hong Kong. Zhitong comments: the key to the stabilization of the Hang Seng Index is the regenerative power of the Hang Seng Technology Index, and the rationality of its valuation takes time to run in.

[hot spot Prospect]

SASAC: deliberate and support the high-quality development plan of medical institutions run by state-owned enterprises

The party committee of the State-owned assets Supervision and Administration Commission of the State Council has recently examined and approved a plan to optimize and support the high-quality development of medical institutions run by state-owned enterprises, and will carry out the application and approval procedures together with relevant departments in the near future. It is understood that state-owned enterprises with medical and health care as their main business will receive policy support in such aspects as local planning, capital investment, hospital classification, evaluation of professional titles, and declaration of scientific research projects, and enjoy the same treatment as government-run medical institutions.

The reporter learned from the SASAC of the State Council that so far, of the 2525 medical institutions supervised by the national state-owned assets system, 2515 have been reformed, with a completion rate of 99.6%. Of the 69 central enterprises and 29 localities involved in deepening the reform of medical institutions, 54 central enterprises, including Aerospace Science and Technology Industry, Arms and equipment Group, Petrochina, and 23 provinces (autonomous regions and municipalities), including Shanxi, Jiangxi and Henan, have completed their reform tasks in an all-round way.

Related Hong Kong stocks include China Resources Medical (01515) and Global Medical (02666).

The seventh batch of national drug collection work is scheduled to start in early July.

A few days ago, the Joint Drug Purchasing Office of the State Organization issued the announcement of the National centralized Drug Purchasing document (GY-YD2022-1), which officially launched the seventh batch of national drug collection and procurement work, and planned to open the bid on July 12. The pharmaceutical sector is under pressure.

The White House plans to introduce a new policy to reduce tobacco nicotine content US tobacco stocks may be hit hard

The US government is about to unveil a new industry policy this week that will require tobacco manufacturers to significantly reduce the amount of nicotine they sell in the US market, Zhitong Financial APP has learned. BofA predicts that tobacco manufacturers will oppose the proposal as strongly as in the past. Health officials say the policy will upend the US $95 billion tobacco industry and prompt millions of people to quit smoking.

In addition to the tobacco companies fighting for their own interests, there are different voices of opposition to the new policy. GuyBentley, director of the Reason Foundation, a local think-tank, told the media that from a landing point of view, the proposal would make most of the cigarettes currently on the market banned. According to market sources, the US Food and Drug Administration will order JUUL, a well-known global e-cigarette brand, to withdraw from the US market.

Related Hong Kong stock e-cigarette plates include: Smoore International Holdings Limited (06969), BYD Electronic (00285), Huabao International (00336), China Bolton (03318) and so on.

The price of photovoltaic silicon reached an all-time high of 280000 yuan for the first time.

On June 22nd, the Silicon Branch of China Nonferrous Metals Industry Association announced the latest polysilicon quotation. The transaction price range of single crystal reinvestment is 268000-280000 yuan / ton, an average of 273100 yuan / ton, an increase of 1.71% from the previous week. This is the 20th increase in polysilicon prices this year, with the highest transaction price breaking the record of 275000 yuan per ton set in November last year. Related Hong Kong stocks include Xiexin Technology (03800) and New Special Energy (01799).

[individual stocks are sunny]

Changjiang Life Science and Technology (00775): seviprotimut-L has entered the clinical trial stage

Zhitong Financial APP learned that at the annual shareholders' meeting last month, Chairman Victor Li said that Cheung Kong Life Technology was already in the process of producing the drugs needed for clinical trials of its melanoma vaccine Seviprotimut-L. The company has negotiated with FDA on the drug and reached an agreement on the purpose of the test and the method of statistical analysis. at present, as long as these indicators are met, it will be available.

Clinical data show that seviprotimut-L has the potential as an adjuvant therapy for patients with localized melanoma. In the GlobalData report, it is predicted that the share of immune checkpoint inhibitors and BRAF/MEK inhibitors in the global melanoma market is expected to reach more than 97% by 2023. Judging from what Victor Li said at the shareholders' meeting last month, seviprotimut-L has entered the clinical trial stage, which means that the commercialization of this tumor vaccine is expected in the future.

Lijin Technology (00558) Fa Ying Xi expects its annual net profit to increase significantly to not less than HK $620 million.

Zhitong Financial APP News, Lijin Technology (00558) issued an announcement that it is expected that the Group will make a profit attributable to the owners of the company of not less than HK $620 million for the 12 months ended March 31, 2022, compared with HK $344 million for the 12 months ended March 31, 2021. The expected significant increase in profit attributable to company owners is mainly due to the increase in sales revenue of the Group.

With the continuous improvement of the market share of new energy vehicles, the application prospect of integrated forming of large-scale die-casting units will be considerable. According to a research report released by Caixin Securities, the market space for integrated die-casting of new energy vehicles in China will reach about 25.8 billion yuan in 2025, and the compound growth rate from 2022 to 2025 is expected to exceed 100%. The penetration of new energy vehicles continues to increase, and the market scale of lightweight and integrated die-casting will continue to expand. With the expansion of production capacity and the improvement of gross profit margin, the company with lightweight and integrated die-casting layout is expected to achieve performance growth.

CNOOC Limited (00883): counterbid shares of Western Oil

Oil prices fell in the overnight crude oil market. WTI8 monthly crude oil futures closed down $3.47, or 3.16%, at $106.19 a barrel. Brent August crude oil futures closed down $2.91, or 2.54%, at $111.74 a barrel. OPEC+ said that by August of this year, all of its 2020 cuts would be restored. Representatives of the 23 countries said they were now trying to explore the next step. As US President Joe Biden prepares to visit Saudi Arabia, US officials are laying the groundwork for Saudi Arabia and the United Arab Emirates to increase production levels in August, hoping to help cool oil prices, according to people familiar with the matter. Affected by the news, US oil plunged nearly 7% last Friday, while cloth oil fell more than 5%.

Buffett's Berkshire Hathaway bought 9.55 million shares of Western oil companies between June 17 and 22 at a price of between $54.96 and $56.42 a share, bringing its direct stake to 152.7 million shares, according to the latest regulatory filings. Western oil shares fluctuated between $58.74 and $54.30 between June 17 and 22, approaching an intraday low of $51.43 on April 25 and a low of $50.93 on March 9. Buffett has increased his holdings of Western oil all the way because he is optimistic that oil prices will continue to rise.

Guojin Securities believes that no matter through the PV10 valuation method commonly used by global investors, or whether PE valuation method or PB valuation method is adopted by domestic investors, and after taking into account the asset texture, debt ratio and dividend ratio of oil and gas companies, the valuations of CNOOC and Petrochina are significantly lower than those of global comparable oil and gas companies. The modeling and analysis of CNOOC's global oil and gas assets by satellite big data shows that the newly discovered resources and confirmed reserves of CNOOC have greatly increased against the trend in the past 10 years, and the scarcity of CNOOC resources on hand has significantly improved. In the 11 years since 2011, CNOOC's net interest rate has reached an average of 20.68%. In the first quarter of 2022, CNOOC's net interest rate was 39.56%, a 10-year high and a leading level in the industry.