Today's data selection: China's average cost of raising a child to graduating from a bachelor's degree is 680,000 yuan; big-name cosmetics will collectively increase prices after the year

70% of companies listed in 2022 will see performance decline

At the beginning of the Year of the Dragon, the China Securities Regulatory Commission held more than ten symposiums, covering all aspects of the capital market.

Just before the Spring Festival, the China Securities Regulatory Commission imposed administrative penalties on Shanghai Sierxin Technology Co., Ltd. for illegal issuance during the application for IPO on the Science and Technology Innovation Board. A total of 16.5 million yuan was fined and confiscated. This is the first fraudulent issuance case investigated by the China Securities Regulatory Commission after the issuer submitted application materials but before being registered since the implementation of the new securities law.

Various signals have caused market investors to pay close attention to the IPO market. There are constant rumors about the "Ten Years of IPO Backlog". Some media reported: "According to insiders, there are 'demon stocks', performance changes, and stock prices falling sharply from the issue price." The company is the focus of the inspection; companies that are in the IPO queue stage or have even withdrawn their materials are also included in the scope of the review. "China Business News reporters confirmed the above information to a number of leading investment bankers, and the responses they received were that they have not yet received any information. to clear notice.

Whether it is looking back at IPOs for ten years or strictly controlling IPO access, these are means of supervision to maintain market confidence and enhance the high-quality development of listed companies, as well as to weed out low-quality companies.

The "changing face" of performance has always been the focus of the capital market. Some people believe that it is normal for the performance of listed companies to fluctuate with the economic cycle and industry cycle. However, companies whose performance changes in the first year or the following year after listing have been criticized by investors for the quality of their main business. The Shanghai and Shenzhen stock markets are about to enter the 2023 annual report disclosure time window. This article attempts to sort out and compare the 2023 performance forecasts to get a glimpse of the "changing face" of the performance of companies listed in 2022.

A team led by researchers from the Australian National University recently published a paper in the British magazine "Nature Astronomy" saying that they have discovered the fastest-growing black hole known so far, which consumes a mass of material equivalent to one sun every day. The black hole has a mass of 17 billion times that of the sun and is more than 12 billion light-years away from the earth. The first author of the paper said that the black hole's "incredible growth rate means a massive release of light and heat", so the quasar in which it is located has become "the brightest object known in the universe so far."

According to Oriental Finance, after the Spring Festival, many well-known overseas beauty brands announced price increases. According to China Business Daily, approximately 1,500 products under the Estee Lauder Group will increase in price starting from February 19, with the average price increase ranging from 10% to 30%. Kiehl's, YSL Yves Saint Laurent, Armani and other brands under the L'Oreal Group have also raised product prices; many well-known overseas beauty brands such as Givenchy, Guerlain, Dior Beauty and L'Occitane under the LVMH Group have also announced price increases.

Some consumers said that the prices of some big-name beauty products have increased six times in a year, and they have only seen price increase notices from the brands. When will they see price reduction notices? Another consumer said that a staff member at a brand counter told her, The brand’s price increase this time can be called the “largest in history.”

When adjusting prices, many major beauty brands stated that the price increase was a comprehensive decision made after taking into account operating costs, transportation and warehousing costs, exchange rates and other factors. Some bloggers believe that “after the Spring Festival, big-name cosmetics brands may adjust prices to the highest point of the year, and then lower product prices to catch up with promotions. This period is not a peak consumption season, but is more like using price increases to establish brand presence.” high-end image in consumers’ minds.”

The Red Sea crisis continues and international shipping is affected. In South Korea, shipping accounts for 99% of foreign trade transportation. The latest data released by the Korean Customs Service shows that in January this year, sea freight for export containers from South Korea to Europe soared 72% compared with the previous month, setting the highest increase since statistics were collected in 2019.

The average cost from raising a child to graduating from a bachelor's degree in China is 680,000 yuan

① The "China Childbirth Cost Report 2024 Edition" uses data from the National Bureau of Statistics to estimate that the average cost of raising a child aged 0-17 across the country is 538,000 yuan, while the average cost of raising a child from age 0 to a bachelor's degree is about 680,000 yuan. This number is significantly higher than the estimate in the 2022 version of the report, reflecting that with socioeconomic development and rising living costs, the financial burden of raising children is also increasing.

② Judging from the differences in family raising costs between urban and rural areas and different provinces, the raising costs of urban families are generally higher than those of rural families. Among them, the average raising costs of children aged 0-17 in Shanghai and Beijing families are as high as 1.01 million yuan and 936,000 yuan respectively. Much higher than the national average. In contrast, the cost of raising a family in relatively economically backward areas such as Tibet and Qinghai is lower, at 349,000 yuan and 379,000 yuan respectively. This regional difference is not only related to the level of economic development, but also closely related to factors such as educational resources and cost of living.

③The "China Childbirth Cost Report 2024" also pointed out that in addition to finance, there are two main factors that affect fertility intention, namely time cost and opportunity cost. Time costs include maternity leave, taking care of/picking up children, tutoring children with homework, increased time spent on housework, etc. Opportunity costs include the decline in work skills caused by women leaving their jobs due to childbirth, which affects their competitiveness after returning to work, being transferred or having their salaries reduced, and being passive. Loss of promotion opportunities, difficulty in returning to the workplace, etc. These costs are currently mainly borne by Chinese women.