China Knowledge is in the business of providing business solutions and products on China. Within the Group it has financial terminal, publishing, newswires, research, multimedia production and a wide range of consulting services offer to foreign businesses seeking opportunities in China.
There will be 13 corporate bonds to be issued on China's onshore bond market, with a planned issuance scale of RMB 7.75 bln. Among which, ‘163956’ will be tendered today (Dec 5) for RMB 1.2 bln, with a term of 10 years and AAA rating.
5 Dec，1-day inter-bank pledge-style repo declined by 14.57 bp to 1.9575%，7-day down by 8.11 bp to 2.2065%，14-day slid 3.83 bp to 2.2856%.
China International Capital Corporation (CICC) announced the non-public issuance of RMB 2 bln subordinated bonds with a 5-year term at 4.2% coupon rate. The yield rates on the first transaction of the 10-year CBD bond was slightly up 1 bp at 3.5825%.
T-bond futures opened lower with 10-year and 5-year contracts up by 0.02% and 0.07%, respectively.
The opening price of 1-day inter-bank pledge-style repo (DR001) was 2.50%, and the weighted average price of the previous day at 1.9575%. The opening price of the 7-day inter-bank pledge-style repo (DR007) priced at 2.60%，and the weighted average price of previous day was 2.2065%.
PBoC says the banking system’s liquidity is at reasonably level，it will not carry out reverse repo, and no reverse repo will come due today.
Today SSE T-bond index opened slightly higher, up 0.01% at 176.48 bp.
14-day pledge-style T-bond on the Shanghai Stock Exchange (SSE) remains unchanged at 2.67%.
Before the year end, the fund performance in 2019 is in full swing. The best fund has enjoyed 107% return, while three other top performing funds offer 90% and 100% gain. There are 376 funds offer more than 50% return this year.
Today 274 new bonds to be listed for trading, 48 new bonds put up for tender.
Shanghai Composite Index (SSE) closed at 2,878.12. The index is 7 points lower, down 0.23% from previous close of 2,884.7. The turnover for SSE is RMB135.88B.
Over at Shenzhen, the Composite Index closed at 1,608.52, recorded 3 points higher, up 0.2% from previous close of 1,605.33. The turnover for SZE is RMB219.8B.
CSI 300 closed today at 3,849.82. The index recorded 1 points lower, down 0.03% from previous close of 3,851.09. The turnover for CSI300 is RMB109.65B.
Hang Seng Index closed at 26,063.81 to register 327 points lower, down 1.24% today.
The Hang Seng Index (HSI) opens at 26,137.73 after 5 minutes of trading. The index is 254 points lower(down 0.96%) than previous close of 26,391.3.
Over at Shenzhen, the Composite Index (SZE) opens at 1,599.81, losing 6 points, down 0.34% than the previous close of 1,605.33.
The Shanghai Composite Index (SSE) opens at 2,875.63. The index is 9 points lower, down 0.31% than the previous close of 2,884.7.
The CSI300 opens at 3,838.87, five minutes after trading. The index is 12 points lower, down 0.32% than the previous close of 3,851.09.
Dec 04，1-day inter-bank pledge-style repo declined by 12.17 bp to 2.1032%，7-day down by 8.99 bp to 2.5962%，14-day slid 14.56 bp to 2.5242%.
As of Dec 03, 159 bonds of RMB 125.698 bln had defaulted this year, compared with 125 bonds of RMB 120.961 bln in 2018.
As of the end of Nov, onshore bonds under the custody of CCDC amounted to RMB 64.2 trln, with an increase of RMB 393.85 bln in Oct. Foreign institutions have increased the bond holdings for 12 consecutive months.
The yield rates on the first transaction of the 10-year CBD bond was slightly up 1.75 bp at 3.56%.
Huafeng convertible bond will be issued today, with online purchase code ‘072806’ and maximum purchase limit of 10, 000 .
T-bond futures opened higher with 10-year and 5-year major contracts up by 0.19% and 0.10%，respectively.
The opening price of 1-day inter-bank pledge-style repo (DR001) was 2.50%, and the weighted average price of the previous day at 2.1032%. The opening price of the 7-day inter-bank pledge-style repo (DR007) priced at 2.60%，and the weighted average price of previous day was 2.2876%.
PBoC says the banking system’s liquidity is at reasonably high level，it will not carry out reverse repo, and no reverse repo will come due today.
1-day pledge-style T-bond on the Shanghai Stock Exchange (SSE) remains unchanged at 2.6250%.
Today 226 new bonds to be listed for trading, 54 new bonds put up for tender.
Peking University Founder Group Corp (601901) has announced it did not repay and settle its short-term notes‘011900493’matured on Dec 2. The company claims that it is actively raising funds through various channels to ensure the repayment.
China Agriculture Development Bank announced it will put up for tender RMB 6 bln fixed-rate bonds tomorrow (4 Dec), with a term of 1 year and 3 years for not more than RMB 3 bln each.