Important news
1. Central Bank: M2 grew 8% year-on-year in April, and M1 grew 1.5% year-on-year.
2. Central Bank: RMB loans increased by 10.06 trillion yuan and deposits increased by 12.55 trillion yuan in the first four months.
3. China Securities Depository and Clearing Corporation: Account verification is a routine business, not a special arrangement for "checking off-site financing".
4. The interest rate of new loans issued by enterprises in April was at a historical low.
5. The reserve requirement ratio cut will be implemented today, which will provide the market with about 1 trillion yuan of long-term liquidity.
6. Zheng Zhajie, director of the National Development and Reform Commission, presided over a symposium to listen to the opinions and suggestions of private enterprises.
7. China and Europe's financial management departments fully communicated on specific demands such as optimizing market access and promoting business innovation.
8. State Administration for Market Regulation: Encourage platform companies to launch more practical measures to support the development of individual businesses based on their own characteristics.
9. The Ministry of Science and Technology and seven other departments: Establish a special mechanism for bank credit to support scientific and technological innovation.
10. Ministry of Commerce: Strictly prevent the illegal outflow of strategic minerals. For those who take risks and commit crimes against the wind, we will investigate and punish them once we find them.
11. The Ministry of Commerce decided to suspend the implementation of export control measures on 28 US entities within 90 days from May 14. At the same time, the unreliable entity list measures for 17 US entities were suspended.
Individual stock news
1. China Rare Earth: timely promote the integration and reorganization of internal and external rare earth assets.
2. Vanke A: Received a loan of 1.552 billion yuan from Shenzhen Metro Group.
3. Hongjing Technology: Signed a computing power business contract of 563 million yuan.
4. Baofeng Energy: Plans to repurchase the company's shares for 1 billion to 2 billion yuan.
5. Xinhuadu: Cooperate with Hong Kong Polytechnic University to build an AI laboratory.
6. BeiGene: HHLR Fund L.P. and its affiliated entities' shareholding ratio dropped to 4.89%.
7. Wanfeng Aowei: In 2025, we will make every effort to promote the TC certification process for some eVTOL models.
8. Zhanpeng Technology, which has been listed on the three boards for five days: Two shareholders plan to reduce their holdings of no more than 6% of the company's shares in total.
9. Guangshengtang: GST-HG131, an innovative drug for the treatment of hepatitis B, has obtained a summary report on the Phase II clinical study.
10. Chengfei Integration, which has been listed on the board for six consecutive times: As of the end of 2024, the proportion of aviation parts business revenue will be 1.74%.
11. ST United: Planning to purchase part or all of the equity of Jiangxi Runtian Industrial, the stock will be suspended from May 15.
12. Shenghe Resources: A wholly-owned subsidiary intends to acquire 100% of Peak's equity to promote the development of the Ngualla rare earth mine project.
