Today's data selection: Secretary of the Luoma Municipal Party Committee has a premonition that he will be investigated for burning money with his wife; many express delivery companies have confirmed that prices will increase during the Spring Festival

The first batch of whitelisted real estate projects have financing needs reaching hundreds of billions of yuan

In the last two days of January, the “white list” of real estate projects in many places was intensively implemented.

On January 31, according to the official Weibo account of Chongqing Housing and Urban-Rural Development, Chongqing has pushed the first batch of real estate project “whitelists” to financial institutions, including 314 projects including Huayu City Phase II, Longfor Haicheng Qingyun Tower, and Vanke Smart Valley. The project has a financing requirement of approximately 83 billion yuan; on the same day, the official Weibo account of "Chengdu Housing and Construction" also posted that the first batch of project financing applications has been reviewed for the first batch of lists, including a total of 208 project companies and 227 projects.

In addition, many cities including Kunming, Nanning, Qingdao, Harbin, etc. also released the first batch of real estate project "white lists" from January 30 to 31. Up to now, the “white list” of real estate projects released by the above-mentioned cities involves thousands of real estate projects, with financing needs reaching hundreds of billions of yuan.

"It is expected that related loan releases will follow one after another in the recent period, gradually allowing the market to form a consensus, and the spread of real estate risks will begin to be blocked." Li Yujia, chief researcher of the Housing Policy Research Center of the Guangdong Provincial Institute of Urban Planning, told reporters that this is not only beneficial to The solution of "guaranteed delivery of properties" will help the market's acceptance of off-plan properties, thereby stabilizing the real estate market.

No listed company in the entire industry is profitable, and the cumulative non-net profit loss exceeds 40 billion yuan. This is the "answer sheet" handed over by listed pig companies in 2023.

The 2023 performance forecasts of listed pig companies have been released one after another. "Pig King" Muyuan Co., Ltd. predicts a net profit loss of 3.9 billion to 4.7 billion yuan in 2023. This first loss announcement in nine years of listing reveals the chill at the bottom of the longest pig cycle in history.

As of the close of trading on January 31, all listed pig companies have disclosed their 2023 performance forecasts. Judging from the profits of the pig business, that is, after deducting the net profit attributable to mothers, all listed pig companies are losing money. New Hope and *ST Zhengbang rely on non-recurring gains and losses to achieve net profit attributable to their parent companies, but their main business of pig raising is still suffering deep losses.

The inflection point at the bottom of the current cycle is unclear. After more than 20 months of losses, the asset-liability ratio of listed pig companies has risen to the highest level in history. Starting from 2023, various pig companies have sold assets, issued debt financing, and terminated A series of self-rescue measures such as production expansion projects are to protect cash flow and survive until the next cycle.

This cycle started in 2018. At that time, listed pig companies aimed at large-scale breeding profits and, driven by capital, implemented radical expansion of production through debt or financing. The piglets that were once planted are now hard to harvest. The strength of support for pork consumption and the process of decapacity in 2024 will become the most critical factors in whether the cycle is reversed.

The sacked municipal Party committee secretary had a premonition that he was found to have burned money with his wife, leaving 33 unfinished projects and incurring a debt of 43.5 billion.

Previously, Cao Jiongfang, the former secretary of the Municipal Party Committee of Xiangtan, Hunan, was transferred for prosecution for abuse of power due to illegal borrowing, becoming the first case in the country. On January 31, the TV special "Loyalty and Betrayal" revealed that he was "eager to achieve political results" and left 33 unfinished projects, causing Xiangtan to illegally borrow 43.5 billion yuan in additional debt and the finances were overwhelmed; he felt that he was going to be investigated. At that time, he was afraid that he could not tell the source clearly. He and his wife had burned money together.

In response to the recent widespread rain and snow in the central and eastern regions, STO Express recently issued an internal document announcing a price increase of 1 yuan or 3 yuan per kilogram for express shipments of more than 3 kilograms to 12 provinces across the country.

In this regard, the reporter called the business personnel of express delivery companies such as SF Express, Yunda, YTO, and ZTO. Among them, only ZTO said that due to the recent increase in transportation costs, the company has slightly raised prices for express shipments over 3 kilograms in some provinces, with a price increase per kilogram. At about 0.2 yuan, SF Express and YTO have made it clear that they have not raised prices in the near future, but most express delivery companies have made it clear that the price of express mail will increase during the Spring Festival.

According to arrangements by the exchanges, the three major stock exchanges will be closed from February 9 to February 17, and will open as usual from February 19. In addition, the market will be closed on the weekends on February 4th and February 18th. The North Exchange also stated that in order to ensure normal post-holiday trading, a joint debugging test of the trading system is scheduled to be conducted from 9:15 to 11:30 on February 18, 2024.

Clearing and settlement matters during holidays shall be carried out in accordance with the relevant arrangements of China Securities Depository and Clearing Co., Ltd. The notice on securities fund clearing and settlement arrangements during the 2024 Spring Festival holiday issued by China Securities Depository and Clearing Co., Ltd. shows that February 7 and February 8, 2024 will be the new Southbound Trading Days. Clearing participants who participate in the settlement of transactions on the above newly added Southbound Trading Days shall calculate and fully prepare the accumulated funds that should be received in advance on the new Southbound Trading Days to ensure that their settlement reserve accounts meet the requirements for early arrival of funds.

Among them, for securities transactions that occurred on February 8, 2024 and bonds that mature on that day are universal pledged repurchases, the fund settlement date is February 8, 2024, and the fund settlement date is February 19, 2024. For securities transactions that occurred on February 19, 2024 and bonds maturing from February 9 to February 19, 2024, the general pledge-style repurchase will have a fund liquidation date of February 19, 2024, and a fund settlement date of 2024. February 20th.