November 21, the important information affecting the market next week are: the 2021 China-Singapore Financial Summit is about to open; 210 billion yuan of reverse repurchase will expire; 57.4 billion market value restricted shares will be lifted next week; and 11 new shares will be issued next week.
[blockbuster news]
2021China-Singapore Financial Summit is about to open
The 2021 China-Singapore Financial Summit will be held simultaneously in Chongqing, China and Singapore on November 23-24. The summit is co-sponsored by the Ministry of Commerce, the people's Bank of China, the Bancassurance Regulatory Commission, the China Securities Regulatory Commission, the State Administration of Foreign Exchange, the Ministry of Trade and Industry of Singapore, the Monetary Authority of Singapore and the Chongqing Municipal Government. With the theme of "deepening China-ASEAN financial cooperation to create a new pattern of connectivity", it will be held mainly online, online and offline.
2100100 million yuan reverse repurchase will expire
Wind data show that next week, a total of 210 billion yuan reverse repurchase will expire, no MLF, SLO due. This week (November 15-November 19), the central bank withdrew 90 billion yuan from the open market. Oriental Jincheng Research News pointed out that the central bank has recently carried out seven-day reverse repurchase every day, the operating interest rate has always been maintained at 2.20%, and the short-term policy interest rate is stable.
The ban on 57.4 billion market value restricted shares will be lifted next week.
A total of 5.364 billion restricted shares will be listed on the Shanghai and Shenzhen stock markets next week, with a market capitalization of about 57.4 billion yuan at Friday's closing price, both down sharply from the previous week, according to Wind. In terms of the market value of the lifting of the ban, November 22 was the peak of the lifting of the ban, with the market capitalization of 21 companies totaling 25.126 billion yuan, accounting for 43.93 per cent of the scale of lifting the ban next week. According to the closing price on November 19, the top three in terms of market capitalization are China Control Technology (20.791 billion yuan), Chinese enterprises (9.269 billion yuan) and potassium International (6.196 billion yuan).
[IPO opportunities]
Eleven new shares will be issued next week. Issued on November 22 are Core Guide Technology, Dingyang Technology and Vision Technology; November 23 is issued by Yuezhihang and Jieya shares; November 24 is issued by Inner Mongolia Xinhua and Yangtze River Materials; November 25 is issued by Huaqiang Science and Technology; November 26 is issued by Meihe shares, Daga Weikang and Guangdong Wanqing.
