Tuesday, November 16, 2010

Observed magnetic capacity - the sixth

 21, and control liquidity risk the Commission re-broker net capital algorithm
6 27, the China Securities Regulatory Commission issued a revised new ways to improve the fixed assets, long-term equity investment and the risk reduction ratio of corporate bonds; adjust the calculation of risk capital reserve ratio; also detailed the securities business size self-control targets, and the way some of the terms of the structural adjustment. new ways an indicator of the most obvious change is that the securities company's fixed assets and reduced the risk of long-term equity investment proportion increased to 100%. In the amendments, broker computing net capital, the long-term equity investments are mainly reduced by 10% fixed assets in real estate by 50%, 90% reduction by the other.
capacity magnetic point of view:
China's domestic capital market is underdeveloped, so we have enough ability to spread risk. At present, China's stock market and property more as a private investment vehicle in use. so the current stock and non-normal fluctuations in the property market, the injured is not the most important investment group, but ordinary Chinese people, plunder the wealth of ordinary people in China. and China hearts of ordinary people invest in general showing a weak mind, make happy, loss by default, this is the stock market crash did not cause deep-seated problems of a core issue. but as the central government do not want people to like their losing their wealth, China's financial markets but also for the continued construction and development, seeking strategies.
the process of building in the capital market, almost all countries began to open capital markets have experienced team of Western capital markets, strategic loss factor. So CCB The fire sale issue and can not be explained from the surface up, on the surface also does not explain the past. If another perspective may be more beneficial to help us understand, from all sources if the State fails to digest the foreign speculative capital. all of these speculative funds into the underground hot money, make trouble for our capital markets, leading to our stock market and real estate market price fluctuations, from which the spread may be greater taking of, and impact on the Chinese economy will be more severe.
Fifth, foreign trade and export
1, General Administration of Customs: China's coal export prices go before the May 54.86%
11 General Administration of Customs of China released statistics show that from January to May this year, an average price of China's coal exports 54.68% increase, reaching $ 90.8 / ton. The data show that 1-5 months of this year,UGG bailey button, China exported 18.5 million tons of coal, down 4.1% over the previous year; coal export price from last year's $ 58.7 / ton increased to 90.8 U.S. dollars / ton. which, in May China exported 3.91 million tons of coal, 4.39 million tons compared with April's slight decline, but an increase of 14%. the first 5 months of total imports of 18.8 million tons of coal, down 18.1% , the average import price was 65.4 U.S. dollars / ton, rose 40.4%.
2,5 volume and price on iron ore imports fell
States customs data showed, in May, China imported iron to spend 5.3 billion ore 38.91 million tons, less than in April nearly 400 million tons, less cost of $ 400,000,000.
3, of June 13th vegetable oil from the cancellation of part of the export tax rebate
approved by the State Council, from 2008 June 13 some vegetable oils from the date of cancellation of export tax rebates, trade names and tariff codes specific annex.
2008 年 06 月 03 日 Ministry of Finance website
4, the two exception of a vacuum drop of inflation tariff
5 月 28 , the State Council Customs Tariff Commission of six of 26 commodities down again to the import tax rates, a one-year tariff adjustment to break the practice, thus releasing the earthquake relief, a strong signal to curb inflation.
capacity magnetic observations:
how response to the current appreciation of the renminbi, the domestic labor costs in foreign trade in China after the situation, and the resulting impact on our economy. This is the middle to analyze the structure of our foreign trade, China's foreign trade structure is basically showing a whole structure of state: Export products are the primary raw materials, semi finished products; there is a consumer products, has produced products; have technology products; also have financial products; a low value-added products, but also high added value products. Therefore, in China this year Although foreign trade affected to some degree, but not a single similar export structures of Japan's collapse brought about a comprehensive event.
state and controls the adjustment of foreign trade has diversified way,UGG shoes, and will show a different situation effectiveness. As for foreign trade imports between China and Australia, although the government has no final consultation appropriateness, but we believe that the final outcome of debate on the iron ore, there will be a satisfactory answer. 

No comments:

Post a Comment