Next week's serious economic events memorandum: Analysis of China's stock market dark horse
1. Next week's important events reminder for A-shares
- On Tuesday (24th), the parent company of Central Huijin will issue 54 billion yuan worth of bonds for the first time. The approval of ICBC's subordinated debt issuance also indicates that it will be issued soon.
- On Thursday (26th), it will be the 30th anniversary of the establishment of the Shenzhen Special Economic Zone. The market has expected that the state may give Shenzhen a policy package on this special occasion. Additionally, next week, Shenzhen will start construction on 20 urban renewal projects that have completed their preliminary preparations.
- On Friday (27th), Northeast Securities will have 445 million shares of restricted shares lifted, accounting for 69.6% of its total shares. The market value of these shares is about 10.72 billion yuan, which will make the shares fully tradable after the lifting.
Last week was also a concentrated disclosure week for non-weighted stocks:
- Monday: Wugang Steel (600005), Sinopec (600028), Construction Bank (601939)
- Tuesday: China First Heavy Industries (601106), Chinalco (601600)
- Wednesday: Shenzhen Development Bank A (000001), Ping An Insurance (601318), Sinosteel (601618)
- Thursday: China Life Insurance (601628), COSCO Shipping (601866), China Shipping Container Lines (601919), Jiangxi Copper (600362)
- Friday: Industrial and Commercial Bank of China (601398), COSL (601808), PetroChina (601857), Bank of China (601988), Huadian International Power (600027), China Unicom (600050), Zhongjin Gold (600489), CSR Corporation (601299)
2. Global financial events from August 21 to August 27:
Date Time Event
August 21 Da Nang, Vietnam ASEAN Economic Ministers Meeting (until 27th)
August 23 Tokyo Meeting between Japanese Prime Minister Naoto Kan and BOJ Governor Masaaki Shirakawa discussing yen appreciation and possible countermeasures
Budapest Monetary Policy Committee meeting of the Hungarian National Bank
Warsaw Monetary Policy Committee meeting of the Polish National Bank
August 24 Indianapolis Speech by Federal Reserve Governor Elizabeth Duke at a dinner
August 25 Stockholm Publication of economic trend survey report by Sweden’s leading think tank NIER
US Department of Energy weekly inventory data release (22:30 Beijing Time)
August 26 Manila Monetary Policy Committee meeting of the Central Bank of the Philippines
August 27 Stockholm Publication of fiscal report by Sweden’s Financial Supervisory Authority
Companies publishing mid-year reports next week:
Monday: Zoomlion Heavy Industry (000157), etc.
Tuesday: ST Zero Seven (000007), etc.
Wednesday: Shenzhen Development Bank A (000001), etc.
Thursday: Shenfa A (000020), etc.
Friday: Sand River Shares (000014), etc.
Saturday: *ST Shenzhen Tai (000034), etc.
List of restricted shares to be lifted next week:
Project Name Stock Code Expected Listing Date Number of Shares (in ten thousand shares)
Yinghe Investment 600069 20100823 5574
Zhuandan Agricultural Tools 002282 20100823 2456.09
New Century 002280 20100823 1040.22
Moga Shares 600543 20100823 111.7
Jiemu Valley 002161 20100823 12330.92
Changlu Aluminum 002160 20100823 7650
Semi Keramik 002162 20100823 30209.81
Aviation Triplex 002163 20100823 17269.47
Yinghe Investment 600069 20100823 5574
Tongling Nonferrous Metals 000630 20100823 43000
Xili Transmission 002164 20100823 10500
Tongli Cement 000885 20100824 1851.11
Zhanlian 002410 20100825 600
Yake Technology 002409 20100825 560
Hansen Pharmaceutical 002412 20100825 380
Jiujjiujiu 002411 20100825 436
Anle Group 600408 20100825 15900
Yinzhijie 300085 20100826 300
Kangzhi Pharmaceuticals 300086 20100826 500
Quanyin High-Tech 300087 20100826 260
Changxin Technology 300088 20100826 630
Tianwei Baobian 600550 20100826 56432
Southwest Securities 000686 20100827 44501.13
Hongtu High-Tech 600122 20100827 5230.35
Next week's IPOs:
Stock Name Subscription Night Subscription Code
Jinfan Engineering 20100825 SZ 002470
San Wei Engineering 20100825 SZ 002469
Aidi Information 20100825 SZ 002468
263 Network 20100825 SZ 002467
Cryovac 20100823 SZ 300116
Jia Yu Shares 20100823 SZ 300117
Orient Sunrise 20100823 SZ 300118
Shengjing Precision 20100823 SZ 300115