河南资本市场月报（2024年第9期）

Economic Performance and Comparison Analysis - In the first three quarters of 2024, China's GDP reached 949,746 billion yuan, growing by 4.8% year-on-year, which is in line with expectations but shows weak performance, indicating a need for continued policy support to achieve the annual growth target of 5% [6][10] - In Henan Province, the GDP for the same period was 47,881.96 billion yuan, with a year-on-year growth of 5.0%, indicating a steady economic recovery [13][20] - Henan's industrial output value increased by 7.7%, surpassing the national average by 1.9 percentage points, with significant contributions from the automotive and electronics sectors [14][20] Macroeconomic Policy Tracking - In September 2024, financial regulatory authorities introduced a series of policies aimed at enhancing capital market management and boosting market confidence, including measures to promote high-level opening-up and expand domestic demand [2][24] - The Henan provincial government implemented policies to support the real estate market and stimulate consumption, such as the adjustment of housing provident fund loan policies [2][30] Securities Market Performance - In September, the Henan Index rose by 21.48%, outperforming major benchmarks like the Shanghai Composite Index and CSI 300 [2][3] - The total market capitalization of Henan A and H shares reached 15,142.29 billion yuan, reflecting a 21.05% increase from the previous month, ranking 12th nationally [2][3] Companies in Henan - As of September, the number of listed companies in Henan increased to 137, with 112 on the A-share market and 31 on the H-share market [2][3] - The top three A-share gainers in September were Yicheng New Energy (68.01%), COFCO Capital (52.90%), and Tongxin Transmission (43.34%) [2][3] Proposed Listing Companies - As of September, there were three IPO applications under review in Henan, with a total proposed financing scale of 1.609 billion yuan [3][4] Investment Recommendations - With the implementation of policies aimed at high-quality economic and capital market development, there is a recommendation to focus on the CSI A500 index and its constituent stocks, particularly the ten listed companies from Henan [3][4]