Summary of the contents of the front pages of four major securities newspapers (April 11)
China Securities Journal
The supply and demand structure has improved, and the core CPI rebounded significantly in March.
According to the data released by the National Bureau of Statistics on April 10th, in March, the consumer price index (CPI) decreased by 0.4% month-on-month and 0.1% year-on-year. The PPI of industrial producers decreased by 0.4% month-on-month and 2.5% year-on-year. "This is mainly affected by seasonality and international import factors." Dong Lijuan, chief statistician of the Urban Department of the National Bureau of Statistics, said that from the perspective of marginal changes, policy effects such as boosting consumer demand have further emerged, the core CPI has rebounded significantly, rising by 0.5% year-on-year, the supply and demand structure has improved, and prices have shown some positive changes.
Exploring China International Medical Device Expo "Show Muscle" and "AI+ Medical" products of medical device enterprises are in full bloom.
From April 8 to 11, the 91st China International Medical Device Expo (CMEF) was held in Shanghai. It is reported that nearly 5,000 enterprises from more than 30 countries and regions around the world competed on the same stage, and tens of thousands of new scientific and technological products were unveiled. It is noteworthy that "AI+ medical care" has become the focus topic at the exhibition site. The reporter actually explored the "medical robot area" specially set up by CMEF this year. The new products such as orthopedic intelligent surgical robots and single-hole laparoscopic surgical robots with "smart brains", "smart eyes" and "smart hands" were quite eye-catching at the exhibition.
Send 23 yuan for every 10 shares! A shares are now paying large dividends.
On the evening of April 10th, a number of A-share listed companies disclosed the large dividend plan for 2024. Among them, () it is planned to distribute 23 yuan (including tax) for every 10 shares. According to the data, as of 22: 00 on April 10th, a total of 1,091 A-share listed companies plan to pay cash dividends in 2024, and 64 of them have a dividend exceeding or reaching the 1 yuan (including tax) per share, and the industry head companies have become the main force of large dividends.
A number of banks have taken active actions to support listed companies to buy back and increase their holdings.
A number of banks have recently disclosed the latest development of stock repurchase and loan increase. According to the data, as of April 10th, since the establishment of stock repurchase and refinancing, more than 450 listed companies have been supported by bank stock repurchase and refinancing loans, with the maximum loan amount exceeding 90 billion yuan. A number of banks said that they will continue to increase the promotion of this business to help maintain the smooth operation of the capital market.
Shanghai Securities News
The energy storage industry has entered a commercial turning point, and enterprises have taken many measures to meet the challenges.
On April 10th, the 13th International Summit and Exhibition on Energy Storage (ESIE 2025) opened in Beijing. As one of the largest energy storage industry exhibitions every year, the hot topic of ESIE 2025 has become a window to observe the key trends of the energy storage industry. The reporter learned at the scene that the year 2025 will be a turning point from the stage of large-scale development to the stage of full commercialization in China’s energy storage market. Overseas, China energy storage enterprises have to face the grim situation of international trade friction.
Gold trading in the storm of "reciprocal tariff"
The US "reciprocal tariff" policy has three levels of influence on gold: First, because this policy makes it clear that the price difference between COMEX-LBMA (the New York Mercantile Exchange Gold Futures and London Gold and Silver Market Association spot gold) is rapidly converging outside the scope of goods subject to reciprocal tariff; Second, the risk aversion is strengthened by the unexpected tariff center and unexpected tariff calculation method; Third, the market generally expects that the United States will face a more serious prospect of stagflation. At present, gold is still the "king of risk aversion" among all kinds of assets, and it may open up further.
The total salary of Dong Jiangao decreased by 33.12%, and the synergistic effect between Bishuiyuan and CCCC was gradually released.
On the evening of April 10th, () disclosed the annual report, and in 2024, the salary of directors’ supervisors decreased by 33.12% compared with that in 2023. In 2024, the total pre-tax remuneration received by Bishuiyuan Dong Jiangao from the company was 7,856,600 yuan, a decrease of 3,891,200 yuan compared with 11,747,800 yuan in 2023.
Head brokers, rushing in.
At the important moment when the US tariff policy disturbed the market, a number of brokers actively shot and used real money to boost investor confidence by repurchasing shares. Among them, the head brokers have taken the lead and entered the market for repurchase at the first time when the plan was released. On the evening of April 10th, Guotai Haitong Securities disclosed the announcement of repurchasing A shares of the company for the first time. On the same day, the company repurchased 3,003,500 shares of the company, with a repurchase amount of 50,003,563 yuan and a repurchase price range of 16.49 yuan/share-16.72 yuan/share. It is worth noting that just the day before (April 9), Guotai Haitong just reviewed and approved the repurchase plan.
Securities Times
American tariffs disrupt the global supply chain, electronic enterprises, internal and external markets, and grasp both.
The 13th China Electronic Information Expo (CITE 2025) was held in Shenzhen as scheduled, despite the so-called "reciprocal tariff" in the United States. The Securities Times reporter saw at the scene that compared with previous years, the number of overseas exhibitors with different skin colors increased significantly this year. The exhibition also set up a theme forum on going to sea, and opened the "Taiwan, China Science and Technology Museum" for the first time, showing the latest achievements and innovative technologies of Taiwanese enterprises in the fields of AI intelligent driving assistance, innovative semiconductor testing, AI medical system and electronic components.
The appearance of new catalytic materials for photolysis of water helps the development of hydrogen energy industry.
According to the Institute of Metals of Chinese Academy of Sciences, Chinese researchers have successfully prepared a new catalytic material for photocatalytic water decomposition-rutile titanium dioxide by using rare earth element scandium. Under simulated sunlight, its hydrogen production efficiency is 15 times higher than that of the reported titanium dioxide, creating a new record for this material system. If the material is made into a 100-square-meter photocatalytic plate, the hydrogen generated in one day’s illumination time can drive a hydrogen-powered car for 68 kilometers. Related research results were published in the Journal of American Chemical Society on April 8th.
The tariff policy triggered the "earthquake" of US debt, and US dollar assets were re-priced by the market.
After the epic sell-off of US debt, the US government announced that it would suspend the implementation of "reciprocal tariffs" for some countries for 90 days. Research institutions believe that the direct trigger of the US debt crisis is the collapse of the basis transaction, but behind it is the capital market’s "no" vote on the US tariff policy, which has opened a systematic storm of "three kills of shares and debts".
High-purity Shi Ying mine has become a new mineral in China, and many companies have layout.
The Ministry of Natural Resources issued an announcement on April 10th, and with the approval of the State Council, the newly discovered high-purity Shi Ying mine in China is now announced. The name of this mineral is high-purity Shi Ying mine, which is mainly used in high-tech industries such as semiconductors and photovoltaics, and has become the No.174 mineral in China. With the establishment of No.174 mineral, it will strongly promote the exploration and exploitation of this strategic resource and ensure the safety of the two high-tech supply chains of semiconductors and photovoltaics.
Securities daily
The first batch of Public Offering of Fund’s first quarterly report was released, and the performance of humanoid robot products was outstanding
On April 10th, the first quarterly report of Public Offering of Fund was released. Huafu Technology Kinetic Energy Hybrid Securities Investment Fund (hereinafter referred to as Huafu Technology Kinetic Energy Hybrid) under Huafu Fund Management Co., Ltd. (hereinafter referred to as Huafu Fund), Huafu CSI Artificial Intelligence Industry Trading Open Index Securities Investment Fund (hereinafter referred to as Huafu CSI Artificial Intelligence Industry ETF) and its connecting funds, and Ping An Advanced Manufacturing Theme Stock Initiated Securities Investment Fund (hereinafter referred to as Ping An Fund) under Ping An Fund Management Co., Ltd.
The third "national name" nuclear power giant in A-share market is ready to come.
The great integration of nuclear power assets of central enterprises has ushered in new progress, and the third "national name" nuclear power giant in the A-share market is ready to emerge. On April 10th, the State Power Investment Group Industry and Finance Holding Co., Ltd. (hereinafter referred to as "()") announced that the company had recently been approved by the State-owned Assets Supervision and Administration Commission of the State Council and agreed in principle to the company’s major asset replacement and supporting financing plan.
Strong alliance Focus Media plans to acquire trendy media.
On the evening of April 9th, () Information Technology Co., Ltd. (hereinafter referred to as Focus Media) announced that the company intends to issue shares and pay cash to purchase 100% shares of Chengdu Xinchao Media Group Co., Ltd. (hereinafter referred to as Xinchao Media) held by 50 counterparties, including Zhang Jixue, Chongqing Jingdong Haijia E-Commerce Co., Ltd. and Baidu Online Network Technology (Beijing) Co., Ltd.. After the completion of this transaction, Xinchao Media will become a wholly-owned subsidiary of Focus Media.
In the first quarter, the economy improved in a new direction, and the macro-policy reserve tools were more active and promising.
On the afternoon of April 9th, Premier Li Qiang of CPC The Politburo Standing Committee (PSC) and the State Council hosted a symposium of economic situation experts and entrepreneurs (hereinafter referred to as "the symposium") to listen to opinions and suggestions on the current economic situation and the next economic work. Li Qiang emphasized that in the face of new changes at home and abroad, it is particularly important to do a good job in economic work in the second quarter and the next step, and all work should continue to be strengthened and strengthened.