Global Macro Economic Update on August 26th
Latest Global Major Index
International Crude Price Trend and Exchange Rate of RMB to USD Trend
Domestic News
1. The debt base o fund paid dividends of more than 110 billion yuan during the year accounted for more than 80%
2. Economic Daily: The content of online anchors should be strictly controlled
3. "Prohibiting the trading of treasury bonds by small and medium-sized financial institutions" is a misreading by the market of the financial management department's warning of risks
4. The number of visitors arriving in a single day in Macao during the summer vacation reached a new high, reaching 166,500
5. We will accelerate the construction of a modern central bank system around the responsibilities of monetary policy and systemic financial risk prevention and control
International News
1. Hamas refused to add new conditions by the Israel on the ceasefire agreement that Israel had agreed before
2. The Houthis said they were ready to strike at Israel targets
3. Tropical Storm "Horn" strengthens into a hurricane. And Hawaii, United States, faces extreme weather threats
4. Tropical Storm Hector formed in the eastern Pacific Ocean
5. Russia claims to continue to block the Ukrainian army in Kursk Oblast, and Ukraine has claimed to repel the Russian army in multiple directions
Domestic News
1. The debt base o fund paid dividends of more than 110 billion yuan during the year accounted for more than 80%
According to statistics, based on the dividend distribution, a total of 2,248 funds have implemented dividends (each share is calculated separately) since the beginning of this year, with a cumulative dividend of 110.363 billion yuan, and 307 funds have a total dividend of more than 100 million yuan. During the year, bond funds paid a total of 94.926 billion yuan, accounting for more than eighty percent of the dividends of equity funds, REITS and hybrid funds of 7.273 billion yuan, 4.843 billion yuan and 3.103 billion yuan respectively, and the dividend amount of QDII funds during the year was 102 million yuan; The total dividends of alternative investment funds and FOF funds are less than $100 million. Many bond fund products not only have a higher dividend amount, but also a higher dividend frequency.
2. Economic Daily: The content of online anchors should be strictly controlled
Golden Ten Data reported on August 26 that the article said that recently, the car collision test video released by an Internet celebrity anchor had the problem of content fraud, which aroused widespread attention and discussion. The content falsification by online anchor is not an isolated case, and it needs to be noticed and taken seriously. Some online anchors make their business behavior in a non-standardized manner rely on their influences, and there are often chaos such as deviating from the facts, violating fairness, sensationalism, and confusing truth with falsehood in content production and information release, misleading users and consumers, and also damaging the reputation or interests of relevant parties. More importantly, it hurts the "trust" foundation of the development of the digital economy, which is not conducive to the long-term development of the industry. The personal brand of online anchors is built on the basis of public trust, and ensuring the authenticity and credibility of content should become a basic principle and professional ethics that industry practitioners must adhere to.
3. "Prohibiting the trading of treasury bonds by small and medium-sized financial institutions" is a misreading by the market of the financial management department's warning of risks
Authoritative experts in the industry and participates in the industry said that "prohibiting the trading of treasury bonds by small and medium-sized financial institutions" is a misreading of the market's warning risks to the financial management department, and the financial management department has not prohibited small and medium-sized financial institutions from trading treasury bonds. In addition, the central bank does not set a range for long-term government bond interest rates, and the current economic foundation also determines that long-term government bond yields will not fall for a long time. At present, the central bank has begun to stress test the risk exposure of financial institutions to bond assets, including the proportion of financial institutions' bond investment in the balance sheet, the duration of bonds, and whether the capital can cover the risks.
4. The number of visitors arriving in a single day in Macao during the summer vacation reached a new high, reaching 166,500
Hong Kong Golden Ten Data on August 25 -- Although the summer vacation is coming to an end, the number of tourists to Macao is still growing well. According to data released by the Macao Government Tourism Office (MGTO) on 25 August, visitor arrivals reached 166,500 on 24 August, the highest number of visitors in a single day from 1 July to 24 August this year, an increase of 7.5% over the highest number of visitors in a single day in the same period in 2019. The data also showed that the number of visitors arriving in Macao from July 1 to August 24 this year was 5,902,200, which has recovered to 91.9% of the same period in 2019. Among them, 302,200 international passengers were traveled, recovering to 74.9% of the same period in 2019.
5. We will accelerate the construction of a modern central bank system around the responsibilities of monetary policy and systemic financial risk prevention and control
Pan Gongsheng, governor of the central bank, said that they would speed up the construction of a modern central bank system around the responsibilities of monetary policy and systemic financial risk prevention and control. We will continue to adhere to a supportive monetary policy stance, guide the reasonable growth of money and credit, promote a steady decline in the financing costs of enterprises and residents, and maintain the basic stability of the RMB exchange rate at a reasonable and balanced level. Study policy measures to increase reserves, and enhance the coordination and cooperation of macro policies. Pan Gongsheng pointed out that at present, China's financial system is generally stable. Financial risks in key areas are being resolved in an orderly manner. The number of financing platforms and the level of existing debts have been declining, and most of the maturing debts of financing platforms have been continued, restructured and replaced, and the burden of financing costs has decreased significantly compared with before. At present, the number of high-risk small and medium-sized banks has dropped by nearly half from the peak.
International News
1. Hamas refused to add new conditions by the Israel on the ceasefire agreement that Israel had agreed before
On August 26, local time, Osama·Hamdan, a senior official of the Palestinian Islamic Resistance Movement (Hamas), said that Israel is still delaying the ceasefire talks in Gaza. He said the talks focused on upholding the ceasefire, withdrawing Israeli troops from the entire Gaza Strip, relief for displaced people, and reaching a fair exchange agreement for detainees. The delegation informed the mediator of Hamas's views on the 25th, stating that Hamas would not accept any remarks about abandoning the agreement reached on 2 July or about the new conditions proposed by the Israel side on the basis of the agreement proposal. Later in the day, Izat·Rishike, a member of Hamas's Politburo, said the Hamas delegation had left Cairo, Egypt that evening. Earlier, they met with mediators from Egypt and Qatar and listened to the results of their latest round of negotiations.
2. The Houthis said they were ready to strike at Israel targets
Due to the golden data on August 26, Yemen Houthi official Atef said on the evening of August 25 local time that the Houthis are fully prepared to carry out in-depth strikes on Israel targets, and said that the Houthis have closely monitored and conducted in-depth intelligence analysis of relevant targets, and the strikes are inevitable and will have a strategic and decisive impact. On the evening of July 20, local time, Israel launched intensive air strikes on the port of Hodeidah and the surrounding areas under the control of Yemen's Houthi rebels, in retaliation for the drone attack by the Huhan forces on Tel Aviv, the capital of Israel, the day before. The airstrikes set fuel storage facilities in Hodeidah port on fire, causing heavy damage, and the Houthis have repeatedly threatened to retaliate against Israel.
3. Tropical Storm "Horn" strengthens into a hurricane. And Hawaii, United States, faces extreme weather threats
According to Golden Ten Data on August 25, local time on August 25, learned that the tropical storm "Hone", which is threatening Hawaii, the United States, has strengthened into a hurricane, and it is expected that "Hone" will bring heavy rain, strong winds, dangerous sea conditions and fire hazards. It is reported that a tropical storm warning has been issued on the island of Hawaii earlier. According to the National Hurricane Center of United States, Horn has a maximum sustained wind speed of about 120 kilometers (75 miles) per hour. It is reported that the wind and rain will continue throughout the weekend, and heavy rain may cause flash floods, and many places in Hawaii are under threat. Hawaii Governor Josh · Green has declared a state of emergency in the state on the evening of the 24th to deal with the extreme weather threat and fire risk brought by "Horn". According to the announcement, the emergency rescue period for the disaster will last until the 26th. The storm is expected to pass over Oshima on the 25th, continue to move westward on the 25th and 26th, and begin to slow down early next week.
4. Tropical Storm Hector formed in the eastern Pacific Ocean
According to Golden Ten Data on August 26, local time on August 25, the United States National Hurricane Center said on social platforms that a new tropical storm "Hector" has formed in the eastern Pacific waters, but no warnings related to it have been issued at present.
5. Russia claims to continue to block the Ukrainian army in Kursk Oblast, and Ukraine has claimed to repel the Russian army in multiple directions
Golden Ten Data reported on August 26 that the Russia Ministry of Defense reported on the 25th that the Russian army continued to attack the Ukraine army in the direction of Kursk, and also attacked a number of troops and equipment assembly sites in Sumy Prefecture, Ukraine. Over the past day, the Ukrainian army lost more than 300 people and 14 armored vehicles in the Kursk direction. The General Staff of the Armed Forces of Ukraine reported on the 25th that in the past 24 hours, the fighting between Ukraine and Russia in the Pokrovsk direction in the Donetsk region was the fiercest. The Ukrainian army repelled Russian troops in Kharkov, Kupyansk, Pokrovsk and other directions.
Domestic Macro Economy Index
