4th China-Australia Strategic Economic Dialogue to Take Place

Key financial news and capital market events to focus on September 26th:

1. The Fourth China-Australia Strategic Economic Dialogue to be held

According to a message on the website of the National Development and Reform Commission (NDRC), it has been agreed upon by both Chinese and Australian parties that Australian Treasurer Jim Chalmers will visit China from September 26th to 27th. The Director of the NDRC of China, Zheng Shanjie, will co-chair the Fourth China-Australia Strategic Economic Dialogue with Minister Chalmers.

2. The State Council Information Office holds a series of thematic press conferences on "Promoting High-Quality Development", with the Minister of Education Huai Jinpeng introducing the situation

At 10:30 AM on September 26th, the State Council Information Office will hold a series of thematic press conferences on "Promoting High-Quality Development". Minister of Education Huai Jinpeng will attend to introduce the situation and answer questions from journalists.

3. Hunan will convene a provincial teleconference on the market value management of listed companies

Advertisement

On September 26th, Hunan will convene a provincial teleconference on the market value management of listed companies to study and deploy measures to strengthen the market value management of listed companies and accelerate the high-quality development of listed companies in the province. The main venue will be set up by the Hunan Provincial Government, with branch venues in various cities. Representatives from the Provincial Financial Office, Hunan Securities Regulatory Bureau, Provincial State-owned Assets Supervision and Administration Commission, Changsha Municipal Government, and listed companies will speak at the meeting. The Vice Governor of the Provincial Government in charge of financial work will attend the meeting and deliver a speech.

4. Two new stocks to be listed today: Wireless Media on the ChiNext board and Hehe Information on the STAR Market

On September 26th, a total of two new stocks will be listed, namely Wireless Media on the ChiNext board and Hehe Information on the STAR Market.Wireless Media's IPO initial offering price is 9.4 yuan per share, with an issue price-to-earnings ratio of 13.95 times, a total of 40.01 million shares issued, including 13.978 million shares issued online. The company's main business is IPTV integrated broadcasting control services, and it is the only operator of the content integrated broadcasting control platform for the convergence of three networks in Hebei Province.

Hehe Information's IPO initial offering price is 55.18 yuan per share, with an issue price-to-earnings ratio of 18.55 times, a total of 25 million shares issued, including 8 million shares issued online. The company is an artificial intelligence and big data technology enterprise, providing digital and intelligent products and services to global C-end users and diverse industry B-end customers based on core technologies of intelligent text recognition and commercial big data.

5. 63.9 billion yuan market value of restricted shares to be released today

On September 26th, a total of 10 companies' restricted shares were released, with a combined release of 462 million shares. According to the latest closing price, the total market value of the released shares is 6.39 billion yuan.

In terms of the number of shares released, 6 companies have more than 10 million shares released. Shanghai Port, Yan Dong Micro, and Wan Shi Li have the highest number of shares released, with 168 million, 121 million, and 116 million shares respectively. In terms of the market value of the released shares, 6 companies have more than 100 million yuan worth of shares released. Shanghai Port, Yan Dong Micro, and Wan Shi Li have the highest market value of shares released, with 3.053 billion yuan, 1.559 billion yuan, and 980 million yuan respectively. In terms of the proportion of shares released to the total share capital, 3 companies have a release ratio of more than 10%. Shanghai Port, Wan Shi Li, and Yan Dong Micro have the highest release ratios, with 68.42%, 61.59%, and 10.1% respectively.

6. 24 companies disclose repurchase progress

On September 26th, a total of 24 companies issued announcements related to share repurchase. Among them, 5 companies disclosed share repurchase plans for the first time, 3 companies' repurchase plans were approved by the shareholders' meeting, 2 companies disclosed the progress of share repurchase implementation, and 14 companies' repurchase plans have been fully implemented.

In terms of the first disclosure of repurchase plans, a total of 2 companies disclosed repurchase plans with an amount exceeding 10 million yuan that day. Zhenxin Technology, Yawei Shares, and Tongfeng Electronics have the highest repurchase plan amounts, with a maximum repurchase of not more than 80 million yuan, 70 million yuan, and 156,400 yuan respectively. In terms of the repurchase plan approved by the shareholders' meeting, a total of 2 companies disclosed repurchase plans with an amount exceeding 10 million yuan that day. Pino Technology, Siwei Map, and Xin Ao Shares have the highest repurchase amounts, with a maximum repurchase of not more than 20 million yuan, 14.8035 million yuan, and 628,700 yuan respectively. In terms of the progress of repurchase implementation, Wanlin Logistics and Xishan Technology have the highest repurchase amounts, with 146 million yuan and 34.0729 million yuan respectively.

7. Today, there is a maturity of 523.6 billion yuan 7-day reverse repo

On September 19th, the central bank carried out a 7-day reverse repo operation of 523.6 billion yuan, with a winning interest rate of 1.70%, which matures today.8. Data such as the actual GDP of the United States for the second quarter and the number of initial jobless claims in the United States for the week will be released.

Leave a Reply

Your email address will not be published. Required fields are marked *