China Securities Daily 22 News Summary Of Major Financial Media

22 major financial media news summary

Central bank intends to establish a new credit management system

According to sources, the central bank recently convened a meeting of major banks to discuss the reform of credit management system.

The central bank said at the meeting that it intends to establish a new credit management system.

If the measure is implemented, it means that the central bank may no longer set the credit target, but will guide the credit supply according to the capital adequacy ratio, liquidity ratio, dynamic provision rate and loan to loan ratio index of various banks.

Window guidance, differential deposit reserve ratio and directional central bank tickets will be used more frequently.

However, there are still some disputes about the establishment of new credit management system.

New home sales are expected to exceed 5 trillion yuan this year.

National Bureau of statistics data show that in 1-11 months, the national commercial housing sales volume was 4 trillion and 230 billion yuan, an increase of 17.48% over the same period last year, close to the sales level of 4 trillion and 400 billion yuan last year.

Based on historical data and combined with the current sales situation, the sales volume of commercial housing in China is expected to exceed 5 trillion yuan this year and may reach 5 trillion and 300 billion yuan.

SEC moves to escalate insider trading

The SEC is conducting an investigation into insider trading among top executives of several companies, and has discussed with other regulators asking large financial institutions to postpone paying most of their remuneration to executives.