Femorning Daily 7.11.2016
https://v.qq.com/txp/iframe/player.html?vid=v0343pa0dwb&width=500&height=375&auto=0
1、方正证券任泽平认为，前三季度，经济小周期复苏，增长和通胀同步回升。10月房地产调控以来，国内经济先行指标回落，价格延续反弹，周期运行在四季度步入轻型滞涨，政策主基调转向抑泡沫和防风险，但基本温和。A股仍处在修复行情的震荡市之中，市场正释放尾部风险，近期房市债市受政策调控，股市性价比提升，按下葫芦浮起瓢。
FOUNDER SECURITIES Ren Zeping believes that in the first three quarters, the economic had small cycle recovery, the growth and the inflation picked up simultaneously. Since the real estate regulation in October, the domestic economic leading indicator has fallen, the prices have continued to rebound. The cycle operation entered the light stagflation in the fourth quarter. The main tone of policy shifted to suppressing foam and preventing risks, but it is basically moderate. A-share is still in the repairing of the shock market, the market is releasing tail risks, due to the recent regulation and control policy of housing market and debt market, the cost performance of stock market increased, there is hardly a situation of one problem being solved and then another coming up.
2、人民日报消息，营改增全面推开后，虽然不动产纳入了增值税抵扣范围，但企业购买住宅是不能抵扣的。那种认为营改增会助推房价上涨的观点，实际上是对政策的误读。将不动产纳入抵扣范围，是消费型增值税税制本身的要求，跟房地产去库存、鼓励房地产投资没有任何关系。
PEOPLE’S DAILY news, after the Transition from Business Tax to Value-Added Tax being comprehensively implemented, the real estate was included in the scope of value-added tax deduction, but it can not be deducted for enterprises purchasing residential houses. The view that thinks the Transition from Business Tax to Value-Added Tax (VAT) will help boosting housing prices to rise is actually a misreading of the policy. Including the real estate in the scope of deduction is the demand of consumption-type VAT system itself, which has nothing to do with the real estate destocking and encouraging real estate investment.
3、央行纪敏表示，互联网金融的发展或者将来推进数字普惠金融的发展，的确需要我们的监管体制做出相应的改变。一方面，一些基本的原则不能放弃，比如投资者适当性原则；另一方面，我们的一些监管体制也会随着互联网金融的发展需要有相应的改变。
THE PEOPLE’S BANK OF CHINA (PBC) Ji Min said that, for the development of internet finance or promoting the development of digital inclusive finance in the future, we really need to make a corresponding change in the regulatory system. On one hand, some basic principles can not be given up, such as the investor appropriateness principle; on the other hand, with the development of internet finance, some of our regulatory system will need corresponding changes.
4、据中国之声《全国新闻联播》报道，截至目前，至少有北京、上海、山东、山西等15个省份发布了2016年企业工资指导线，多数省份出现不同程度下滑。专家表示，企业工资指导线下滑，不意味着工资进入负增长，只是工资涨幅较以往有所减少。
According to "National News Broadcast" of the Voice of China, as of now, there are at least 15 provinces including Beijing, Shanghai, Shandong and Shanxi having issued 2016 guideline of corporate wages, which has declines of varying degrees in most provinces. Experts said that corporate wage guideline going down does not mean that wages have negative growth, but the wage increasing rate has some decrease comparing with the past.
5、中金公司表示，尽管经过2015年下半年大幅回调及2016年至今的盘整，但是当前A股市场并非没有风险。预计2017年结构性机会将优于2016年。建议两条选股路线，一是精选大消费，特别是受新技术、新模式影响的类别；二是阶段性关注受政策与改革预期支持且估值在合理范围的周期性板块。
China International Capital Corporation Limited (CICC) said that despite the sharp correction in the second half of 2015 and the consolidation since 2016, the current A-share market is not without risks. 2017’s structural opportunities are expected to outperform 2016. Two strategies are suggested for choosing stocks, the first is to finely select mass consumption, especially those types affected by new technologies and new patterns; the second is to periodically pay attention to the cyclical sector that are supported with policy and reform expectations and is estimated within a reasonable range.
6、中国证券业协会发布首期绿色公益榜。截至2016年三季度末，11家证券公司作为绿色债券主承销商或绿色资产证券化产品管理人（沪深交易所市场）共承销发行9只产品，合计金额194.2亿元，其中发行资产证券化产品1只19.8亿元。
Securities Association of China released the first green public welfare list. As of the end of the third quarter of 2016, 11 securities companies underwrote 9 products as the lead underwriters of green bonds or the managers of green asset securitization products (the markets of SHANGHAI and SHENZHEN STOCK EXCHANGE) with a total amount of 19.42 billion yuan, among which is one asset securitization product of 1.98 billion yuan.
7、证券时报消息，国务院总理李克强近日宣布中国—中东欧金融控股有限公司正式成立。中国—中东欧基金的规模将达100亿欧元，计划撬动项目信贷资金500亿欧元。目标市场定位中东欧国家，并适当延伸至欧洲及符合中国—中东欧国家利益的其他地区，重点关注基础设施建设、高新技术制造、大众消费等行业的投资合作机会。
Securities Times news, Chinese Premier Li Keqiang recently announced that China - Central and Eastern Europe Financial Holdings Co., Ltd. was officially established. The scale of China - Central and Eastern Europe Fund will reach 10 billion euros which plans to leverage 50 billion Euros of credit funds for the project. The targeting markets are in Central and Eastern Europe, and there will be an appropriate extension to Europe and other areas in line with China - Central and Eastern European countries’ interest, it will focus on investment cooperation opportunities like infrastructure construction, high-tech and new-tech manufacturing, mass consumption and other industries.
8、参考消息网消息，据日媒报道，中国国有输电行业巨头国家电网公司正寻求构建连接印度、韩国、日本乃至东南亚的输电网络。远距离输电和高压输电都需要巨额的投入，但有助于将中国国内的剩余电量输送到那些电力短缺的地区。此外为实现低碳社会的目标，作为可再生能源的一种弹性使用方法也备受期待。
Cankaoxiaoxi.com news, according to Japanese media reports, China's state-owned power transmission giant STATE GRID CORPORATION OF CHINA (SGCC) is seeking to build a transmission network linking to India, South Korea, Japan and even Southeast Asia. Both long-distance and high-voltage transmissions require significant investment, but help transfer surplus power in China to areas where power is scarce. In addition, to achieve the goal of low-carbon society, it is also highly anticipated as a flexible method for renewable energy .
9、证券时报消息，中科院院士潘建伟表示，中国计划5年之后，实现50个量子比特的相干操纵，计算潜力将超越今年6月世界运算速度排名第一的超级计算机“太湖之光”；用15年左右时间，构建天地一体的有量子通信安全保障的未来互联网，即量子互联网。
Securities Times news, CHINESE ACADEMY OF SCIENCES academician Pan Jianwei said that, China plans to achieve the 50-bit quantum coherent manipulation in five years, the computing potential will surpass "Taihu Lake Light", a supercomputer which computing speed was the highest in the world in June this year; it will take 15 years or so to build a future internet with space-and-land integrated quantum communication security, that is, the quantum internet.
10、央视网消息，三星电子（中国）发表官方声明称，了解到针对北美市场销售的波轮式洗衣机主动召回一事，北美之外地区出售的洗衣机产品不受此事件影响。此外，确定在北美市场召回的所有型号波轮式洗衣机没有在中国销售。
CCTV.COM news, Samsung Electronics (China) issued an official statement saying that for the active recalling of washing machines in the North American market, washing machines sold outside North America are not affected by this incident. In addition, it was confirmed that all the models of washing machines recalled in the North American market have not been sold in China.
11、财经早餐今天的回复关键词是：房价。十月楼市掀起最严监管风暴，想知道整顿过后各地房价是涨是跌吗？财经早餐特别统计了多个主要城市楼市实时价量数据。点击公众号界面左下按钮，文字或者语音回复房价即可。
Femorning’s keyword for replying today is housing price. In October, the most stringent regulatory storm was set off in the property market. Would you like to know whether the housing price is up or down after the rectification? Femorning provides you with price and volume data for a number of cities. All you need to do is to click on the button in the lower left of our Wechat interface, reply housing price by text or voice.
https://v.qq.com/txp/iframe/player.html?vid=t0343woretf&width=500&height=375&auto=0
财经早餐今天的回复关键词是：房价。十月楼市掀起最严监管风暴，想知道整顿过后各地房价是涨是跌吗？财经早餐特别统计了多个主要城市楼市实时价量数据。点击公众号界面左下按钮，文字或者语音回复房价即可。
财经早餐（微信号：Femorning）：每天早晨，最新鲜、最全面的财经资讯尽在财经早餐！
亲，点击下方的“阅读原文”，下载APP就可以收看今日时时财经速递了！