Small micro-enterprise financing is a complex issue, there are multiple factors holding back small micro-enterprise financing. Where is small, collateral-free is paramount. Solve the financing difficulty cannot rely only on the market, requiring local government, banking, insurance, enterprise to work together. Among them, some local built a “credit + mutual funds + insurance + reward Fund of mutual aid association”, “four in one” mode of financing guarantee, to solve the small micro-enterprise financing results. 　　The establishment of “four in one” security model, consider to set up the security working group, building work platform. Local governments could set up a small [...]

　　The dollar reference rate 3rd consecutive new high 　　Yesterday, the dollar price 6.27 mark for the first time in the Middle, its highest since reform. At this point, the Renminbi-dollar exchange rate had hit 3 consecutive business days since the exchange rate high. In the case of bilateral fluctuations increase, in the last few days, appreciation of the Renminbi exchange rate into small steps run phase, useful for meeting the demand of the public, is a good time for a bargain purchase of foreign exchange. Since the beginning of this year, the dollar appreciated by only 0.53% in the Middle, [...]

　　Before April 25th new lending only four rows of billions the industry view 　　As of April 25, workers, farmers, new, built the four State-owned banks in China in April only $ 101.7 billion of credit, lending more obvious slowdown in March, while the above four lines of credit data projections, April new credit throughout the country at around 700 billion yuan, per cent fall near 30%. If the loss of deposit more than trillion in April through the end of March, “quarter” the examination of deposits caused chonggao explained, before April 25th new lending only four rows of billions might [...]

　　Notice of China insurance regulatory Commission recently issued life insurance consumer tips, advocated, in accordance with its own needs the purchase of life insurance products insurance consumption concept. Bulletin content including consumer demand for objective analysis of insurance premiums, purchase the right product, reasonable expenses and surrender carefully, and so on. 　　For serious misleading life insurance marketing in recent years, “deposit insurance policy” and other issues, China insurance regulatory Commission in a statement clearly pointed out: while some focus on investment life insurance product features, but essentially the insurance products, operators are insurance companies, not their bank deposits, bonds, funds, [...]

　　Diego high middle price breaking 6.27 　　According to the China foreign exchange Trade Center, 2nd Yuan central parity rate against the dollar 6.267, gained 117 basis points in the previous session, rose 6.27-breaking for the first time, and for the third consecutive day of record highs since the 2005 currency reform. Analysts said the continued strong performance since the Yuan exchange rate at the end of April, is expected to continue in the short term high. 　　2nd on the spot market, interval fluctuations near the Renminbi against the dollar at 6.3, intraday low of 6.3079, the 2nd middle price range [...]

　　Financial capital market is expected to continue fermentation. People close to the regulators to the China Securities newspaper said the other day, promoting the Fund into the stock market is a long-term task. Money market funds should be layered, regulators may set a certain threshold. Private banks and high risk fund entering capital market of the customer, General personal finance customers should not. 　　According to sources, at present, the Banking Regulatory Commission is working on the development of innovative financial products and investment management. Banking institutions will be the future financing, trade financing, personal and private banking businesses to develop [...]

　　Innovation business in merger and acquisition of domestic brokerages are eager to share came as foreign investment banks more attention on the Chinese market, increase the intensity of study on Chinese enterprises. They help customers in China for overseas mergers and acquisitions, global business expansion and investment activities, see vast opportunities. 　　Bullish on Enterprise merger 　　Research recently published by Thomson Reuters in 2012 China mergers and acquisitions market in the first quarter report shows that China in the first quarter accounted for 37% of the total merger and acquisition activity in Asia, second only to United States, 3 consecutive years [...]

　　 　　According to the WIND information and statistics, as of May 2, 55 funds disclosure 2011 net profit amounted to 7.608 billion yuan. Among them, 14 company losses, include the company number 25%. With comparable data of 49 per cent in the total net income of the Fund to reduce 19.7%, of which 38 are net profit decline, 78% per cent of total number of comparable companies. Analysts said that shrunken raises funds revenues decline last year, significant new funds and cause an increase in expenditure, squeeze causing profit decline at both ends. New fund offering unprecedented slowdown this year, [...]

　　 　　More than 60 then drop to 9 billion worth of the ST unit a day evaporation 　　On May 2, “labor day” during the Commission introduced including stimulated by reducing transaction costs and a series of positive news, Shanghai and Shenzhen stock index remains high throughout the day, and gradually rising. As at the closing, the Shanghai composite index of 2,438.44 points, rose 1.76%, Shenzhen Chengzhi newspaper 10424.94, rose 2.4%, in Shanghai and Shenzhen stock indices have reached a closing high since March 13. Two day sold for about $ 206.72 billion, compared with the previous trading day to enlarge [...]

　　 　　Net profit increased slightly to 2.64% executive pay rose 12% 　　Per cent in the non-bank corporate executive compensation performance 4.55 times times 　　2011 full year earnings growth of listed company a landslide occurred, but reporter statistics show the economic information daily, excluding the maximum profit of listed company after the composition, namely banks, 2011 average pay increases of up to 12% of listed companies, is its 4.55 times increase in performance. 　　WIN d statistical data show that in 2011, publicly traded companies all attributable to the shareholders of the parent company’s net profits of 1.927 trillion yuan, up up [...]

　　 　　Multiple positive “labor day” during the successive release; analysis known as good or have done, next week, or adjust 　　”Labor day” during the little holiday, SFC and adjacent to Shanghai and Shenzhen two big exchanges issued a number of new policies. Multiple positive boost, yesterday, the strength of the Shanghai and Shenzhen stock markets higher. Shanghai composite index closed up 1.76%, 2438.44, the szse Chengzhi close up 2.4%, 10424.94. 　　Multiple adjacent to good publications 　　A week before the Festival, index of major at 2,350 points to 2,400 regional turbulence, volatility to Friday narrowed. Yesterday was working after the first [...]

　　 　　A-shares May “good start”. 　　Than-expected policy reforms in the capital market a-shares in blue-chip resource stocks May good start Media survey 　　Multiple positive stimulation of 51 holidays, class a shares May open the door wedding, attack 1.76% Shanghai composite index on Wednesday, Shanghai and Shenzhen turnover again exceeds $ 200 billion. SINA finance-card in the joint investigation revealed that after a boost yesterday, investors continue to call with more than 60%, 43% respondents gallon investment. 　　Industry insiders said, this round of capital market policy reform ahead of market expectations, are expected to continue to support the stock market go. [...]

　　 　　China Deputy General Manager Wang yawei resigned hearsay has been confirmed during the 51 small holiday, and reporters from authoritative sources confirmed, General Manager of China AMC Fan Yonghong, outgoing, and in construction of China Fund Industry Association. 　　Wang yawei’s whereabouts a mystery. There are other, CITIC Fund, the national social security fund companies as well as independent private portals, and many speculated that version, but does not have much credibility is considered. Wang yawei I mobile holidays has been in a shutdown state. Those who are familiar with Wang yawei believes that after, Wang yawei has plenty of [...]

　　 　　Board retreat in new rule for “resources” depreciation of the moment, “labor day” the first trading day after the holiday, ST stocks generally fell, lost $ 7.8 billion the total market value. New delisting criteria, compared with standards such as turnover, operating income, net worth is negative indicators more clearly destruction., Heavy debt burdens, large shareholder and employee numbers much lower stakes three categories such as “Weng” company will most likely due to the restructuring is difficult to cancel. 　　30 billion debt secured 　　In the latest revision of the motherboard in the delisting rules, a negative net worth is [...]

　　Recently, the 16 listed banks are all showing results in the first quarter, quarterly data shows that listed the bank rate at the end of last year net interest income fell, but is associated with it, many banks have bad loans continue to rise. 　　Several experts interviewed by the economic information daily reporter believes that downside risks to banks face asset quality, but in the credits in the context of structural adjustment, lived on the banking sector spreads created a “windfall” bubble will be unsustainable. 　　According to a quarterly bulletin, the first three months of this year, 16 listed Bank [...]

　　Banks profiteering widely criticised by the public in the near future, “many are not clear” bank charges are the consumer complaints. China Banking Regulatory Commission recently held a national banking systems Senior Manager and head of banking system at all levels to participate in the teleconference, attaching conditions to push forward banking unreasonable charges and administrative work for the deployment. The industry believes, in the face of bank service charges, consumers have been vulnerable services right no words on pricing. If you want to really solve the problem of non-standard banking operation, you also need the root causes to break [...]

　　Australia announced in the Central Bank’s monetary policy meeting on May 1,-the cash rate by 50 basis points cut benchmark interest rate to its lowest level in the past two years 3.75%, interest rate cuts larger than widely expected 25 basis points. The Bank said the cuts mainly due to weak domestic economic growth, while the inflation rate to achieve to fall sharply. Australia’s Central Bank cut interest rates after low points since the end of 2009, the Australian dollar dropped about $ 0.0075, bond yields (colonization rates) reach 60 low. 　　According to the last quarter of 2011 Australia gross [...]

　　According to a report in the news aspect of China, EU President Denmark said last month, EU Finance Ministers on May 2 to meet in Brussels to further discuss the recapitalisation of banks in the region of the new requirements. So, the meeting of euro-zone Finance Ministers meeting will focus on what topics? 　　EU Finance Ministers meeting in Brussels, the EU headquarters, devoted to the new EU capital adequacy requirements, and to try to agree. In order to meet the requirements of the Basel III, the EU must be more than the EU countries more than 8,300 new bank capital [...]

　　”I’m sorry said the higher profits” through the annual report revealed one by one, but it seems that only the Bank Governors feel embarrassed. China Construction Bank annual report released yesterday shows 2011 full year net profit of $ 1,669,439,000,000, representing a growth of 25.48%. Results briefing yesterday, said Vice-President of Pang Xiusheng, Bank profiteering problem does not exist, banks and the real economic benefits of ice fire two days the phenomenon did not exist in China Construction Bank. 　　Banking: earn more because of the large 　　Pang Xiusheng said profit growth rate of industrial enterprises above designated size in 2011 [...]

　　 　　”Labor day” period, the Securities and Futures Commission and the Shanghai and Shenzhen stock exchanges launched delisting system includes issuance system, boards and a series of securities market reform to reduce transaction costs “combination”. Acceptance of the economic information daily reporters interviewed industry experts believe that, this means the Commission is adjusting the securities market functions, and rammed a share value of investment based on the system, inhibition of trash in a-shares and shares the hype, and accelerated to its price of foam, this will be on the development of China’s securities markets have an extremely far-reaching impact. 　　Reform [...]

　　 　　SFC recently notice board issuance examination Committee will be issued on May 4, 2012, 2012 Audit Committee, audited China postal courier Logistics Co Ltd (hereinafter referred to as “post express”) and Hongqi chain company limited Chengdu IPO application. 　　Where mail delivery of prospectuses in display, the company plans to not more than 4 billion initial public offering of new shares, after the release of the total share capital of not more than 12 billion shares, raising $ 9.978 billion, for including Nanjing distribution center and main distribution center of air express network of 29 projects, such as construction, and [...]

　　 　　Has arrived in May, lifted per cent from the size will be significantly reduced. By April 27, closing price calculation, May size of non-lifting of the market as a whole only 59.339 billion yuan in April, representing fell 25.62%. Analysts pointed out that the current situation, May be lifted throughout a month, the smallest, with the May step into the trough in the ban, the a-share market size of non-lifting of pressure or it will dissipate. 　　May be lifted for the whole year trough 　　In May, the restricted shares of 86 listed companies have been entering the release phase. [...]

　　 　　Introduced in SFC dividends under the background of new deal, will and action of dividends of listed companies to become more active. From the total of the two cities, 1642 publicly traded companies have implemented or announced dividend plan, 68.33%, total cash dividends (including tax) of 557.744 billion yuan, compared with the previous year to improve the 23.7%, substantially greater net profit growth of. 　　ICBC Ho remove dividend 70 billion head start 　　On the Shenzhen market, launched Shenzhen Stock Exchange listed companies in a total of 1052 cash bonus plan, sample company number 73.67%, rose 8.4%, cash dividend coverage [...]

　　 　　Gem 2011 annual results of the company all the oven. According to the Shenzhen Stock Exchange statistics, gem 292 companies 2011 average sales revenue growth over last year 26.27%, net profits rose 12.83%. However, in the open time of less than three years, loss of symptoms have begun to show. In 2011, the gem appeared the first annual loss in company. When implemented technology 2011 lift net profit attributed to the parent company-$ 739,000, down 102.13%. 　　Differentiation of slowing earnings growth trend is clearly 　　In addition to a first loss companies, gem company has taken a slower overall growth [...]

　　 　　According to the programme, “a negative net worth at the end of the last two years, its shares should be terminated,” “revenues are less than $ 10 million in the last four years, the shares should be terminated”. 　　Shenzhen Stock Exchange to this exclusive statistical information shows, main Board companies in Shenzhen for the last two years a negative net worth a total of 15 rooms, operating revenues of less than $ 10 million in the last four years the company for 4, two of them at the same time meet the two conditions. 　　The new delisting once the [...]

　　 　　Gem and delisting the motherboard system alignment 　　A-share trading-related charges dropped 25% 　　Deepening the reform of IPO plan 　　The four Exchange reduces transaction fees 　　”51″ were closed during the Commission work together to Shanghai and Shenzhen stock exchanges, shareholders were offered a “four gift”. Gem and back out, a-share trading system, align the system board, deepening the IPO related charges dropped 25% reform plan, four domestic Futures Exchange across the lower transaction fees, the four out of the new deal, not only for a share in the short term to create a new “excited”, more a share of medium-and [...]

　　 　　”A-shares in the lower transaction fees, annual total is expected to be about $ 3 billion, will significantly reduce the market transaction costs and reduce the burden on investors, conducive to the sustainable and healthy development of capital markets. “On April 30, when the responsible person of the Commission in the interpretation of a share transaction costs reduced, that accounts for investors. 　　Lower investment costs 　　According to the SFC announced on April 30, the a-share trading-related charges substantially lower notification, the Shanghai and Shenzhen stock exchanges and the China Securities Depository and Clearing Corporation announce, will reduce a share [...]

　　 　　April stamp duty on shares rose 5.9% Red new tax policy highlights 　　During the Festival, European debt crisis worse, United States data poorly, Pan-European STOXX 600 index decreased by 0.7% the same day, over 4 consecutive trading days of rising trend, Britain, France and Germany three stocks are down, United Kingdom financial times index 0.68%, France the CAC index had plunged 1.64%. Meanwhile, the United States stock markets by the European and national pressure to go down. However, the domestic market is a major positive every day, involving the reform of new shares, Board small and delisting, as well [...]

　　Foreign direct investment, “new start” 　　According to financial estimates in Wenzhou City, Wenzhou private capital more than $ 600 billion, and increased this figure to 14% per cent annually in Wenzhou folk estimated to have reached $ 800 billion or trillions of dollars. Underground undercurrent of long-term accumulation of private capital in the main flow, in addition to raising loans, used “chuangshijie” in Wenzhou sea had already through various channels for capital to create wealth. 　　According to requirements of financial reform test zone in Wenzhou in reply of the State Council, Wenzhou, “study on the foreign direct investment of the [...]

　　On March 28, the 197th Executive meeting of the State Council approved the establishment of comprehensive financial reform test zone in Wenzhou City, has been expired since January. 　　Change really happens: from a national perspective, Mr Zhou, Guo Shuqing, Xiang Junbo, finance senior intensive research in Wenzhou; from a local perspective, putting Xia Baolong, Governor of Zhejiang established a leading group, also corresponds to the establishment of the leading group for the appropriate implementation of Wenzhou City. 　　However, Wenzhou “gold-modified” is still “controversial” forward, such as a prior concern of the parties “gold-modified” core content such as “marketization” does not [...]

　　 　　32 listed companies came close to withdrawing the abyss 　　-Reporter Li Ruoxin 　　Shanghai and Shenzhen stock exchanges recently introduced the draft Board delisting system, a series of new indicators or to a group of “t family of companies” price plunge. With a negative net worth of the new delisting targets more stringent, it also directly let the, edge, 32 listed companies standing in the back. 　　A negative net assets into sword 　　In the latest revision in the delisting rules, a negative net worth is considered to be one of the toughest in the industry, because the two cities will [...]

　　According to the voice of the economic report in the transactions live, show a constant guest programs financial analyst Huang 14:30, counting money five of the most. 　　This week the most “popular” sector: financial reform to benefit from plate 　　Market can maintain a certain level of activity since April, had relied on “gold-modified” main line of the hype. Zhejiang Dong il is “modified with gold” concept stocks the most iconic significance of dark horse, “gold-modified” from initial concept gradually spread to credit-related securities and Futures equity class a shares. 　　Comments: due to Zhejiang Dong il, leading varieties continued rose has [...]

　　Under the influence of 2011 capital markets lower, first quarter of the year, apart from Ping, the remaining three insurance companies are varying degrees drop in net profit. Statistics in the first quarter, ping an of China to achieve net profit of 6.064 billion yuan, increased slightly by 4.3% per cent and China life insurance net profit $ 5.625 billion, fell by 29.4%; Xinhua insurance net profit of 768 million dollars, down 35.7%, while China Pacific net profit of 652 million dollars, down 81.1%. 　　Reporters noted that the China Pacific net profit decline mainly because the cash surrender value and [...]

　　Yesterday, the China Futures Association according to the latest statistical data published in April, our national deals than the futures market continued to decline last month, calculated on a unilateral, national futures market trading volume and turnover in the month fell and 21.49%, respectively. Analysts said that, in the absence of more relaxed monetary policy support, and futures markets will continue to force this year. 　　Wild futures analyst Zhou Ping said, gold in big business and deal size by falling market rose mainly due to soybean production is expected to strongly, attracting a great deal of speculation capital and financial [...]

　　As the United States April manufacturing strong expansion, the dollar May 1 rising against major currencies. 　　The same day, United States Institute for supply management released reports that United States April manufacturing index rose 1.4 per cent, the highest level in 10 months, higher than market expectations of 53. Data above 50 represent expansion, below 50 indicates that contraction. United States manufacturing expansion accelerated greatly ease the markets lately on United States economic recovery worries of slowing, boosting investor confidence in the dollar. 　　But Forex trading volume low, significant increase in volatility. Market expectations, was held at the 3rd European [...]

　　The London Metal Exchange (LME) basic metals futures prices rose May 1 General, in addition to the fall in nickel prices outside, other metals prices were higher than the previous day, and in the aluminium price rises is most obvious. 　　In April, China manufacturing purchasing managers ‘ index (PMI) 53.3 per cent, increased by March, this is the 5th straight month of manufacturing industry in China to pick up. In addition, the United States published by the Institute for supply management report showed that April United States expansion for the 33rd straight month of manufacturing activity, displays the United States [...]

　　In the Securities and futures industry this year under the reform and innovation of the tone, reduced handling fee is just the beginning, after many years of silence, futures industry is expected to enter fast lane 　　On April 27, the SFC announced 4 domestic Futures Exchange to reduce the fees of all futures trading standards, started this year of “labor day” first of four good policy. 　　In accordance with the requirements of the SFC, 4 domestic futures exchanges all varieties ranging from 12.5% per cent fee reduction, the futures exchange fees around an overall decline in the level of 30%, [...]

　　The last day of April, after modifying the regulations on compulsory traffic accident liability insurance for motor vehicles released, stronger insurance market in China on May 1 opening to foreign insurance companies, entered the stage of full liberalization of China’s insurance industry. 　　The fifth article of the original Ordinance is amended as: “the insurance company approved by the China insurance regulatory Commission, can be engaged in compulsory traffic accident liability insurance for motor vehicles. “The decision takes effect from May 1, 2012. It is understood that after the fifth article of the Bill as follows: “in the Chinese insurance company [...]

　　As of April 30, 2011 annual reports of listed companies in Shanghai and Shenzhen 2,403 full disclosure is complete. Not only affects many of the company’s annual report to shareholders, will also attract attention. 　　Annual report data displays, sustainable profits, some companies huge losses. This information not only reflects the company’s operating status, also reflects the trend of macro-economic situation. In addition to the company’s profits and losses, dividend and shareholders ‘ interests related to the topic, such as the amount, annual report disclosure of executive compensation, loss of reason, also attracting investor attention. 　　Our 2011 annual reports of listed [...]

　　As the United States stronger-than-expected manufacturing data, supporting the dollar up and depress the market expectations of another round of quantitative easing, leading to gold prices fell in May 1 New York, for the second day in a row. 　　On that day, most active gold futures market trading on the New York Mercantile Exchange June contract closed at $ 1662.4 per ounce, decreased by 1.8 m compared with the previous trading day, or 0.1%. 　　Market analysts said, because the United States released stronger-than-expected manufacturing data, shows that sustained recovery in the manufacturing sector, thus reducing the likelihood of Federal Reserve [...]