上海黄金交易如何开户(长源电力)
11:584月11日讯,抖音方面表明,即日起,为更好地向用户供给服务,抖音将对体系进行全面晋级,期间直播功用与谈论功用暂时停止使用,晋级结束后会再次注册。此次抖音体系晋级将进一步进步内容审阅规范,优化审阅流程,加强对渠道内容的办理,包含谈论与直播。(腾讯科技)11:574月11日讯,财政部副部长程丽华表明,将认真落实抓住施行下降进口关税办法。我国降进口关税是依据本身发展需要,自动扩大开放行动。我国下降轿车等产品进口关税将尽早施行。
6月10日:短线大盘技术上还有回调压力 耐
今天可申购新股:无。今天可申购可转债:无。今天上市新股:灿能电力。今天可...
股票卖出手续费怎样算 佣钱收费一般是多少?怎么卖出股票(图解):山大地纬-688579-数据要素领军,乘方针春风起航:东山精细-002384-公司深度陈述:消费电子根本盘安定,轿车布局有望再造东山早报:各个证券报纸头版内容精华摘要(3月23日)股票的买入机遇挑选AUTOMOBILES & COMPONENTS SECTOR:OPENING UP OF CHINA AUTO INDUSTRY
Automobile tariffs relaxed and raised foreign ownership limit. In the opening speech in the Boao Forum,President Xi Jinping put emphasis on the further opening up of the economy. In particular concerning theautomobile industry, he mentioned the intention of reducing tariffs on imported cars as soon as this year. Healso reiterated plans to further relax foreign ownership limits in certain sectors including the automobile sector.
Despite that there is no specific time plan and other absent key details, we believe that there will be implicationsto the current automobile industry.
Lowering tariffs on imported cars would hurt premium brands with higher localization rate, but theeffect on the overall auto industry should be rather limited. The current import tax on automobiles is 25%and 10% for components; this tax level has been used since joining the World Trade Organization in Jul. 2006.
Despite that the lowering of tariffs was also mentioned this year in the Government Report, we expect PresidentXi to gradually lower tariffs over the next few years. President Xi has sent a message to speed up the process,with a significant reduction to be expected this year. When benchmarked against other developed economies,the EU, US and Japan have much lower import tax on cars, imposing 10% / 2.5% / 0%, respectively, we believethe reduction in tariffs could then be reduced in the range of 5% to 10%. Due to increasing localization of foreignbrands, sales share of imported cars within China’s total auto sales was 4.3% in 2017, and we therefore expecta limited impact to the overall industry. Despite that there are limited direct comparable models between importsand localized models, the reduction in tariffs would effectively lower the selling price of imported models. In otherwords, the price performance ratio will improve. The most vulnerable segment would be the premium sector,which has a high localization rate, such as Brilliance BMW / Beijing Benz, as their selling price is closest to theimported models. Meanwhile, other premium brands with low localization rate would benefit most and wouldreduce their appetite to build localized factories in China due to reducing localization benefit. Other JV partnerssuch as Honda, Toyota, General Motors, etc., are focusing on the mid-to-high range sector due to perceivedlimited impact due to a much lower price range.
The relaxation of foreign ownership limits will benefit the long-term development of the automobileindustry. We believe that the proposed change will be more applicable to emerging sectors such as new energyvehicles (“NEV”) and autonomous driving, which are more aligned to other national strategic plans such as“Made in China 2025”。 We believe the main objective is to attract quality investment from reputable firms as away to create a stronger economy, increase overall competitiveness of the industry, and making sure China isnot lagging in these emerging trends. The removal of foreign ownership could pave the way for global playerssuch as Tesla to produce locally in China.
Sector View: Brilliance China (01114 HK), GAC (02238 HK) and BAIC Motor (01958 HK) reacted negativelyyesterday (10 Apr. 2018), seeing stock prices drop by 3.0% / 3.3% / 7.1%, respectively. We believe that there isshort-term pressure to remain on the above stocks due to the potential impact on fundamentals. However, webelieve long-term outlook would not significantly change on Brilliance China and GAC, maintain “Buy” ratings,with TP of HK$ 25.02 and HK$ 21.29, respectively. Meanwhile, we would continue to avoid BAIC Motor (01958HK, “Neutral”), due to a weak fundamental outlook. Our top pick remains as Geely Auto (00175 HK) with “Buy”investment rating and TP of HKD 32.10, with growth expected from the Lynk & Co. brand over the next fewyears.
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中国8月CPI年率2.3%,预期2.1%,前值2.1%。中国8月PPI年率4.1%,预期4.0%,前值4.6%。
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08:00【 统计局:从调查的40个行业大类看,8月价格上涨的有30个 】统计局:从环比看,PPI上涨0.4%,涨幅比上月扩大0.3个百分点。生产资料价格上涨0.5%,涨幅比上月扩大0.4个百分点;生活资料价格上涨0.3%,扩大0.1个百分点。从调查的40个行业大类看,价格上涨的有30个,持平的有4个,下降的有6个。 在主要行业中,涨幅扩大的有黑色金属冶炼和压延加工业,上涨2.1%,比上月扩大1.6个百分点;石油、煤炭及其他燃料加工业,上涨1.7%,扩大0.8个百分点。化学原料和化学制品制造业价格由降转升,上涨0.6%。
08:00【日本经济已重回增长轨道】日本政府公布的数据显示,第二季度经济扩张速度明显快于最初估值,因企业在劳动力严重短缺的情况下支出超预期。第二季度日本经济折合成年率增长3.0%,高于1.9%的初步估计。经济数据证实,该全球第三大经济体已重回增长轨道。(华尔街日报)
08:00工信部:1-7月我国规模以上互联网和相关服务企业完成业务收入4965亿元,同比增长25.9%。
08:00【华泰宏观:通胀短期快速上行风险因素主要在猪价】华泰宏观李超团队点评8月通胀数据称,今年二、三季度全国部分地区的异常天气(霜冻、降雨等)因素触发了粮食、鲜菜和鲜果价格的波动预期,但这些因素对整体通胀影响有限,未来重点关注的通胀风险因素仍然是猪价和油价,短期尤其需要关注生猪疫情的传播情况。中性预测下半年通胀高点可能在+2.5%附近,年底前有望从高点小幅回落。
08:00【中国信通院:8月国内市场手机出货量同比环比均下降】中国信通院公布数据显示:2018年8月,国内手机市场出货量3259.5万部,同比下降20.9%,环比下降11.8%,其中智能手机出货量为3044.8万部,同比下降 17.4%; 2018年1-8月,国内手机市场出货量2.66亿部,同比下降17.7%。
08:00土耳其第二季度经济同比增长5.2%。
08:00乘联会:中国8月份广义乘用车零售销量176万辆,同比减少7.4%。
08:00央行连续第十四个交易日不开展逆回购操作,今日无逆回购到期。
08:00【黑田东彦:日本央行需要维持宽松政策一段时间】日本央行已经做出调整,以灵活地解决副作用和长期收益率的变化。央行在7月政策会议的决定中明确承诺将利率在更长时间内维持在低水平。(日本静冈新闻)
08:00澳洲联储助理主席Bullock:广泛的家庭财务压力并非迫在眉睫,只有少数借贷者发现难以偿还本金和利息贷款。大部分家庭能够偿还债务。
08:00【 美联储罗森格伦:9月很可能加息 】美联储罗森格伦:经济表现强劲,未来或需采取“温和紧缩”的政策。美联储若调高对中性利率的预估,从而调升对利率路径的预估,并不会感到意外。
08:00美联储罗森格伦:经济表现强劲,未来或需采取“温和紧缩”的政策。美联储若调高对中性利率的预估,从而调升对利率路径的预估,并不会感到意外。
08:00美联储罗森格伦:鉴于经济表现强劲,未来或需采取“温和紧缩的”政策。
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