宏信证券：每日信息速递-20241018

Key Points Summary Economic and Policy Developments - The Ministry of Housing and Urban-Rural Development announced the implementation of 1 million sets of urban village and dilapidated housing renovations, aimed at improving living conditions and addressing safety hazards [2][3] - The Ministry of Finance is working on tax policies to reduce burdens on real estate companies and homebuyers, which is expected to stabilize the real estate market [2][3] Industry Insights - The China Association of Automobile Manufacturers reported a significant increase in automobile exports, with September 2024 exports reaching 539,000 units, a year-on-year increase of 21.4% [6][7] - For the first nine months of 2024, total automobile exports reached 4.312 million units, reflecting a year-on-year growth of 27.3% [7] - The commercial vehicle sales for September 2024 were 283,800 units, showing a year-on-year decline of 23.49% but a month-on-month increase of 4.39% [8] Taxation and Regulatory Updates - The State Taxation Administration expanded the "Going Global" tax guidelines from 99 to 120 service items, aimed at assisting businesses in adapting to new tax environments [3][4] - The updated guidelines cover tax policies and agreements across 114 countries and regions, addressing common tax issues faced by businesses operating internationally [4] Market Trends - The "Two New" policy, which promotes large-scale equipment updates and consumer goods replacement, has seen significant government support, with 150 billion yuan allocated for various projects [5][6] - During the recent National Day holiday, the home appliance market experienced a surge, with sales increasing by 67% year-on-year, driven by the "old for new" policy [5][6] Company Announcements - Huahai Pharmaceutical received temporary approval from the FDA for its diabetes treatment, indicating progress in its international market strategy [10] - Lisheng Pharmaceutical's raw material drug Apremilast has passed the listing application, expanding its product portfolio [11] - Xinhua Insurance reported a premium income of 145.644 billion yuan for the first three quarters of 2024, reflecting a focus on customer-centric reforms [14]