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每日债市速递 | 央行公开市场单日净投放2092亿
Wind万得· 2025-06-24 22:30
Group 1: Open Market Operations - The central bank conducted a 7-day reverse repurchase operation on June 24, with a fixed rate and a total amount of 406.5 billion yuan, at an interest rate of 1.40% [2] - The total amount of reverse repos maturing on the same day was 197.3 billion yuan, resulting in a net injection of 209.2 billion yuan [2] Group 2: Funding Conditions - The latest overnight financing rate in the U.S. is 4.29% [4] - The overall funding conditions are balanced, with overnight pledged repo rates for deposit institutions slightly rising but remaining around 1.37% [6] Group 3: Interbank Certificates of Deposit - The latest transaction rate for one-year interbank certificates of deposit among major banks is approximately 1.65%, showing little change from the previous day [8] Group 4: Government Bond Futures - The closing prices for government bond futures show a decline: 30-year main contract down 0.27%, 10-year down 0.11%, 5-year down 0.07%, and 2-year down 0.02% [12] Group 5: Key News - The 16th meeting of the 14th National People's Congress Standing Committee discussed amendments to the Anti-Unfair Competition Law, including provisions for fair competition review and regulations against data rights infringement [13] - Germany's cabinet approved a budget for 2025 that includes significant new borrowing for military funding, with net new debt projected to reach 82 billion euros this year and gradually increase to over 126 billion euros by 2029, totaling around 500 billion euros in new borrowing over five years [15] Group 6: Bond Market Events - Minsheng Bank issued 30 billion yuan of perpetual capital bonds [17] - Vanke A exercised the redemption option for its "22 Vanke 05" corporate bonds [17] - Guangfa Securities received approval for its corporate bond issuance registration from the CSRC [17] - Yunnan Copper's medium-term notes and short-term financing bonds are registered for 5 billion yuan each [17] Group 7: Negative Events in Bond Market - Several entities, including Guizhou Water City Economic Development Zone and Hubei Meitong Pharmaceutical Co., have faced negative rating events, such as being placed under rating observation or having their ratings downgraded [18]
因赛集团: 北京大成律师事务所发行股份购买资产暨关联交易相关主体自查期间内买卖股票情况专项核查意见
Zheng Quan Zhi Xing· 2025-06-24 16:44
Core Viewpoint - The special legal opinion issued by Beijing Dacheng Law Firm confirms that the stock trading activities of insiders related to Guangdong Yinsai Brand Marketing Group Co., Ltd. during the self-inspection period do not constitute insider trading related to the company's upcoming asset restructuring [1][14]. Group 1: Background and Legal Framework - The special legal opinion is based on the Securities Law, Major Asset Restructuring Management Measures, and relevant disclosure guidelines [1]. - The self-inspection period for insider trading is defined as the six months prior to the stock suspension application until the day before the restructuring report disclosure, specifically from April 22, 2024, to June 4, 2025 [4]. Group 2: Stock Trading Activities - During the self-inspection period, Zhuhai Xuri Investment Partnership sold 358,205 shares of Yinsai Group, with the trading activities unrelated to the restructuring [5]. - Guangdong Chengmeng Investment Partnership sold 113,700 shares on October 10, 2024, also unrelated to the restructuring, and had previously disclosed its reduction plan [7]. - China Merchants Securities and CITIC Securities conducted their trading activities based on publicly available information and maintained strict information isolation to prevent insider trading [10][12]. Group 3: Legal Responsibility and Conclusions - The law firm asserts that the self-inspection reports and declarations from the involved parties are true, accurate, and complete, indicating no insider trading occurred [14]. - The opinion concludes that the trading activities of the relevant institutions during the self-inspection period do not pose a substantial legal obstacle to the upcoming restructuring [14].
2025年税收统计调查开始了!
蓝色柳林财税室· 2025-06-24 14:43
欢迎扫描下方二维码关注: 来源: 广西壮族自治区税务局 来源广西税务 欢迎扫描下方二维码关注: 温馨提醒:蓝色柳林财税室为非官方平台,是由编者以学习笔记形式建立的平台,所有笔记写 作记录的文章及转发的法律法规仅供读者学习参考之用,并非实际办税费的标准,欢迎交流学 习,共同分享学习经验成果。文章版权归原作者所有,如有不妥,请联系删除。 2025年 1947 - 11 - 全国税收统计调查是由财政部和国家税务总局共同 布置的一项年度性工作,调查数据直接为国家研究 财税改革方案、制定财税政策和完善财税管理等方面 服务。自1984年开始至今,已开展40余年。 【货物劳务服务表】显示条件: 信息表第3栏【企业规模】为"大型企业"或"中型 企业",目第4栏【国民经济行业类别代码】为"采矿 业"、"制造业"、"电力、热力、燃气及水生产和供应 业"、"信息传输、软件和信息技术服务业"或"科学 研究和技术服务业" (行业门类代码B、C、D、I、M) 五个行业之一的纳税人,需要填写【货物劳务服务表】。 不满足前述条件的纳税人,填报界面不展示【货物劳务 服务表】。 报表列表 报表列表 l 4 有台物劳务服务表 无货物劳务服务表 党 ...
聚焦反不正当竞争法修改 多举措保障经营者依法公平参与市场竞争
Zhong Guo Jing Ji Wang· 2025-06-24 14:09
对此,修订草案二审稿明确,平台经营者应当在平台服务协议和交易规则中明确平台内公平竞争规则, 建立不正当竞争举报投诉和纠纷处置机制,引导、规范平台内经营者依法公平竞争;发现平台内经营者 实施不正当竞争行为的,应当及时依法采取必要的处置措施,保存有关记录,并按规定向平台经营者住 所地县级以上人民政府监督检查部门报告。 6月24日,反不正当竞争法修订草案提请全国人大常委会会议进行第二次审议。修订草案二审稿增加规 定,国家建立健全公平竞争审查制度,依法加强公平竞争审查工作,保障各类经营者依法平等使用生产 要素、公平参与市场竞争。 修订草案二审稿贯彻党中央关于综合整治"内卷式"竞争的精神,增加关于公平竞争审查制度的规定,修 改完善治理平台"内卷式"竞争方面的规定。其中明确,平台经营者不得强制或者变相强制平台内经营者 按照其定价规则,以低于成本的价格销售商品,扰乱市场竞争秩序。 有的部门、单位和企业提出,在网络经济时代,平台经营者应当在规范平台内经营者的竞争行为、处置 不正当竞争方面发挥更大作用,建议进一步修改完善相关规定,合理设置平台经营者的义务。 实践中存在侵害数据权益、恶意交易等不正当竞争行为,损害了其他经营者的合 ...
铜杆企业、贸易商调研总结
Yin He Qi Huo· 2025-06-24 13:44
铜杆企业、贸易商调研总结 第一部分 调研摘要 本次对铜杆企业和多家贸易商进行调研。重点关注原料供应、国内外库存流向、消费预 期、232 落地的影响以及对价格的看法等几个方面。供应端,部分矿山主动调整铜矿发货量, 原来供应给海外冶炼厂的长单货源流入国内。由于中国对美加征关税后,国内废铜供应紧张, 但站在全球的角度来看,废铜的供应并没有实际的减少,更多的还是供应错配。国内冶炼厂 仍将按照年度生产计划完成生产,海外减产和新投产并存,下半年供应继续增加,增量下降 到 20 多万吨。在 232 未落地前,非美地区库存难以有效提高,lme 的货如果到国内,lme 就 会持续逼仓,现在出口窗口打开以后,部分冶炼厂出口,但纯虚盘内外反套面临较大的结构 亏损,风险较大,比值进一步下跌才会考虑反套操作。若 232 落地,价差会回落,但价格是 否同步下跌存在分歧。需求方面,市场对下半年消费走弱基本形成了共识,分歧主要表现在 下滑的幅度上。市场对短期和中期的价格预期较为一致,短期价格维持在 77000-79000 元/ 吨震荡,中期 74000-75000 元/吨存在较强的支撑。 第二部分 调研背景 | | 2024- M05 | ...
WTO就加拿大对中国电动汽车等产品收附加税设立争端解决小组
第一财经· 2025-06-24 13:42
2025.06. 24 本文字数:2196,阅读时长大约4分钟 作者 | 第一财经 冯迪凡 第一财经记者从权威信源处获悉,当地时间23日,世贸组织(WTO)下争端解决机构(DSB)同意中方 申请,就裁决加拿大对中国原产电动汽车、钢铁及铝制品等产品征收附加关税措施问题设立争端解决小 组。 在同日召开的争端解决机制会议上,中方表示,加拿大的措施与《关税与贸易总协定》(GATT)的规定 不符。 2024年10月1日,加拿大对自华进口电动汽车加征100%附加税正式生效。当日,加拿大还宣布了将于 10月22日对自华进口钢铝制品正式加征25%附加税的最终产品清单。 商务部新闻发言人彼时表示,中方已对加方的单边主义和贸易保护主义做法在WTO提起诉讼,并依法对 加方有关限制性措施启动反歧视调查。加方应理性客观看待双边经贸合作,尊重事实,遵守世贸组织规 则,不要在错误的道路上越走越远。 中方将采取一切必要措施,坚定维护中国企业正当权益。 DS627案设立争端解决小组 2024年9月6日,中方在WTO就加拿大电动汽车、钢铝制品征税措施提起磋商要求,目前该案件在WTO 编号为DS627案。 如上文所述,DS627案中涉及措施包括加 ...
生效!这些家电进入美国将被加征50%关税
第一财经· 2025-06-24 13:42
2025.06. 24 本文字数:1891,阅读时长大约4分钟 作者 | 第一财 经 程程 据央视新闻报道,美国商务部宣布自6月23日起对多种钢制家用电器加征关税,包括洗碗机、洗衣机和冰箱 等"钢铁衍生产品"。 根据美国商务部工业与安全局(BIS)的公告,新增为"钢铁衍生产品"的家用电器及相关产品将统一适用 50%的税率。征税金额将根据各类产品中所含钢铁组件的价值进行核算。 这八类产品具体包括组合式冰箱、冷冻柜;小型和大型干衣机;洗衣机;洗碗机;卧式和立式冷冻柜;烹 饪炉、灶具和烤箱;食物垃圾处理器和焊接金属架等。 新规适用于美国东部时间2025年6月23日凌晨00:01或之后入境或从仓库提取的商品。新规同时规定,如果 产品使用的是在美国本土的铸铁熔炼原料,即便在海外完成加工,也可以享受免税待遇。 影响将在数月后显现 尽管美国5月消费者价格指数(CPI)涨幅低于预期,但经济学家警告称,对钢铁和铝制品加征关税的影响 或将在数月后显现。 曾在拜登总统任期内担任美国国家经济委员会副主任、现任麻省理工学院高级研究员的霍纳(Daniel Hornung)表示,5月CPI低于预期 "主要是由租金和机票等短期内受关税影响不 ...
生效!这些家电进入美国将被加征50%关税
Di Yi Cai Jing· 2025-06-24 13:14
Group 1 - The U.S. Department of Commerce announced a 50% tariff on various steel-based household appliances, effective from June 23, 2025, impacting products like dishwashers, washing machines, and refrigerators [1] - The tariff will be calculated based on the value of steel components in the products, and items using domestically sourced iron materials may qualify for exemption [1] - The expansion of tariffs under the Trump administration has significantly increased the scope, affecting nearly $200 billion worth of steel and aluminum products, which is almost four times the impact of the previous term [5] Group 2 - Economists warn that the effects of the tariffs on steel and aluminum products may take months to manifest, with initial price increases expected for large appliances reliant on these materials [3][4] - Historical data indicates that a previous 50% tariff on washing machines led to a 12% price increase, with related products also experiencing similar price hikes [3] - The National Association of Home Builders reported that 60% of builders anticipate price increases from suppliers due to the tariffs, with average renovation costs rising by approximately $10,000 per household [5] Group 3 - The ongoing "232 investigations" by the U.S. Department of Commerce may add complexity to the tariff landscape, as they assess whether imports threaten national security [7] - The investigations could lead to further uncertainty in negotiations with trade partners, as the combination of different tariff measures complicates the standard tax rates [7] - Currently, the U.S. has only reached a trade agreement with the UK, which primarily addresses tariffs on automotive and aerospace products, leaving steel and pharmaceutical tariffs still under negotiation [8]
澳洲楼市反洗钱大变革!新规下,房产中介不查客户身份也能成交?
Sou Hu Cai Jing· 2025-06-24 12:40
Core Points - The Australian real estate industry is set to undergo significant anti-money laundering reforms, with a consensus reached that real estate agents do not need to halt transactions if clients refuse to provide identity information [1][3] - The reforms, known as "Tranche 2," will take effect on July 1, 2025, and aim to address the real estate sector's vulnerability to money laundering [3] Group 1: Regulatory Overview - Approximately 90,000 businesses across various sectors, including real estate companies, will be required to fulfill Know Your Customer (KYC) obligations similar to those of banks [1] - AUSTRAC's national manager for policy rules and guidance, Daniel Mossop, emphasized the need for a balance between strict enforcement and avoiding excessive burdens on the industry [6] - Companies must demonstrate reasonable efforts to understand their clients, even if clients refuse to provide information, and must submit a Suspicious Matter Report (SMR) when necessary [6][3] Group 2: Compliance and Industry Response - The new regulations allow other parties involved in transactions, such as lawyers or title transfer agents, to conduct identity verification, provided there is a written arrangement and information sharing before settlement [7] - The compliance market for identity verification is rapidly growing, with companies like PEXA and ConnectID developing verification services to meet the rising demand [8] - PEXA's strategic and delivery manager, Kate Camilleri, indicated that commercializing identity verification is a direction the company is pursuing, despite opposition from competitors like InfoTrack [8]