The index of the first trading day after May 1 opened lower, transformed, and the tourism sector led the decline

The index of the first trading day after May 1 opened lower, transformed, and the tourism sector led the decline
The three major A-share indexes opened lower, and the Shanghai Composite Index opened lower by 0.99% reported to 2831.At 63 points, the Shenzhen Component Index fell 0.97% reported 10618.At 17 points, the GEM index fell to 0.82% reported to 2052.39 points.Airport expressways, shipping, tourism, securities and other sectors led the decline, oil and gas extraction services were relatively active, and the South Korean KLCI opened to rise in price1.27% reported to 1919.45 points; Japanese stocks are closed for holidays.  The preliminary announcement stated that the current liquidity of the banking system has been brought into a reasonable and sufficient level, and no reverse repurchase operation will be carried out on May 6.  The financing balance of the two cities fell for 6 straight.As of April 30, the balance of Shanghai Stock Exchange financing was reported to 5,400.8.7 billion yuan, a decrease of 35 from the previous trading day.9.8 billion yuan; Shenzhen Stock Exchange reported a financial surplus of 4815.4.1 billion yuan, a decrease of 33 from the previous trading day.1.7 billion yuan; the two cities totaled 10216.2.8 billion yuan, a decrease of 69 from the previous trading day.1.5 billion yuan.  CITIC Securities pointed out that 20Q1 live pig farming, food, condiments, supermarkets, e-commerce and services have achieved excellent growth as scheduled. Home furnishing, apparel, and second-line liquor have exceeded expectations, and the service industry has a significant impact.May 1st passenger traffic generally recovered over 60%, and the recovery is proceeding in an orderly manner.The short-term growth of consumption is concentrated in companies with outstanding Q1 performance, and it is estimated that the increased growth certainty is expected to continue to continue, but with the epidemic mitigated, the return of demand we believe will bring more industry repairs, it is recommended to actively focus on consumer recoveryRhythm, increase optional consumption configuration.  CITIC analysts believe that the second quarter will be a good opportunity for the layout of the electronic sector.Chief analyst Lei Ming issued a document saying that the second quarter will be a good opportunity for the layout of the electronic sector.The epidemic has led to a temporary relaxation of the upward trend of the semiconductor boom from 2019. The epidemic situation is gradually controlled, and the semiconductor sector is expected to predict repairs first and replace them with performance repairs.In the medium and long term, the replacement and innovation cycle driven by 5G will bring an increase to semiconductors. Local substitution is being accelerated by the epidemic situation and the trading environment. It is recommended that the focus area is better, the medium and long term logic is clear, and the estimate is relatively reasonable.Reporter Zhang Siyuan Editor Sun Yong proofreading Liu Jun

2 trillion!The biggest economic stimulus in the United States is here. Will direct money pay off?

2 trillion!The biggest economic stimulus in the United States is here. Will direct money pay off?
In the afternoon of March 25th, Beijing time, the US White House and the Senate reached an agreement on a stimulus plan of US $ 2 trillion. The plan aims to protect the impact of the US economic situation and will directly accumulate funds from individuals and enterprises.The largest single economic stimulus plan.The reporter noticed that when this news was announced, it was already early in the morning local time in the United States. The US Senate said it would pass legislation later today.The US $ 250 billion is directly given to individuals and families. The three major US stock index futures stopped falling and rose. The US plans to launch an economic stimulus plan that was announced last Tuesday. The initial total announced was US $ 1 trillion.After a long negotiation, the agreement was finally reached.The plan will inject large amounts of financial assistance into the US economy, which has been badly hit by unemployment, including American workers and families, small businesses, and major internal industries that help respond.The details of the $ 2 trillion stimulus plan have not yet been announced.According to CNN reports, the initial content in the past 24 hours shows that $ 250 billion was used to pay directly to individuals and households, $ 350 billion was used for small business loans, $ 250 billion was used for unemployment insurance benefits, and $ 500 billion was used to payThe companies surrounding the breakthrough provide loans.In addition, the plan will provide US $ 130 billion in funding for severely affected hospitals, and US $ 150 billion for state and local governments that have invested in responding to new coronaviruses.In terms of personal and family payments, according to the plan under negotiation, the income is below 7.Individuals with USD 50,000 will receive direct compensation of USD 1,200 per person, married couples with incomes below USD 150,000 will receive USD 2,400, and each child will receive USD 500.Personal and family incomes have increased, and the fewer payments are planned, the income exceeds 9.A single person of $ 90,000 earns more than 19.Couples without children of $ 80,000 will be excluded from the supplement.Participants in the negotiations also discussed measures to provide unemployment benefits for four months, extending the scope to self-employed workers.In addition, the bill must ensure that small business organizations can provide up to $ 10 billion in loan guarantees to small businesses to ensure that small businesses can maintain wages and pay off debts.Larry Kudlow, the former chief economic adviser, said at the White House press conference on Tuesday that the plan is the largest single aid plan in US history and said the United States urgently needs legislation to boost the economy and provideCash injection and liquidity stabilize the financial market, so the United States can survive the current economic difficulties and challenges.After the news that the stimulus plan reached an agreement, the three major stock index futures in the US stock market stopped falling and rose, and the press was terminated, and the Dow futures rose in price.At 09%, the S & P 500 index futures rose 1.22%, the Nasdaq Futures rose 1.01%.In fact, the plan has boosted the market yesterday.Before the US Congress began discussions on the economic stimulus plan on Tuesday, it tweeted consecutively, saying that Congress must approve the agreement. “The longer it takes, the more difficult our economy will be.”U.S. House Speaker Nancy Pelosi also declared that he is very optimistic that the stimulus plan agreement will be reached within a few hours.In the good news that the large-scale stimulus plan is about to reach an agreement, US stocks rebounded on Tuesday, and the three major indexes all rose sharply. The Dow closed up more than 2100 points and recovered the 20,000 points mark, an increase of 11.37%, the largest one-day increase since 1933.The S & P 500 index rose 9.38%, the Nasdaq rose 8.12%.On Wednesday, the Asia-Pacific market was also exceptionally strong, with the Nikkei 225 index up 8% and the Korea Composite Index up nearly 6%.The average growth of the three major A-share indices in China has ended, and the Shanghai stock index rose by 2.17%, Shenzhen Component Index rose 3.22%, the GEM index rose 3.25%.This year’s GDP faces negative growth. Is large-scale stimulus useful?Under the influence of the epidemic, the market generally expects that US economic growth will decline.CICC’s latest research report has adjusted the U.S. economic forecast for 2020 to negative growth. It is expected that the U.S. real GDP growth in 2020 will be -4%, which will be 1%The deep negative growth in the second quarter, in which the annualized negative growth in the second quarter was 28% month-on-month and a negative growth of 7 per month.4%, and then initially recovered.It is estimated that during the economic downturn in the second quarter, the unemployment rate in the United States may rise up to about 5 alternatives.In fact, the United States has launched an unprecedented economic stimulus policy.In the short term, the Fed has continued to increase overweight easing, and two emergency interest rate cuts have brought interest rates close to zero. On Monday, it announced the opening of unlimited QE, and launched a series of new projects to support credit flows to businesses and consumers.In addition, the Fed has enabled CPFF (commercial paper financing instruments), MMLF (money market mutual fund liquidity instruments), PDCF (primary dealer credit arrangements), TALF (term asset-backed securities loan instruments) and other tools, includingExpand the exchange quota with other long-term liquidity, relax the discount window interest rate and conditions, remove the reserve requirement, and encourage banks to use their liquidity and capital buffer measures.The Fed ‘s monetary easing has almost reached an unprecedented level.This large-scale US stimulus policy is also a supplement to monetary policy.CICC believes that changing the criminal situation will continue to peak in the future, and American real economy enterprises will face a period of high pressure on cash flow dispersion. If they cannot obtain timely financing during this period, they may even be technically bankrupt.For families, their wages and income may fall for a period of time in the future, and some people may even temporarily lose their source of income due to dismissal. However, the family ‘s mortgage and basic living still require cash flow expenses.In this regard, fiscal policy may be more targeted.The direct release of cash to households and the provision of loans to small businesses, etc., may help households and businesses to survive the peak period of the epidemic.However, CICC believes that monetary and fiscal policies are more to help businesses and families to survive the economic pressure brought about by the epidemic, but these are only measures to cure the symptoms.The fundamental solution to the problem is still to prevent the development of the epidemic and quickly enter the “platform period” of the epidemic, allowing the manufacturing industry to resume work, residents to go out for consumption and activities, and normalize economic life.Zhang Ming, chief economist at Ping An Securities, suggested that the Fed’s large-scale monetary easing will help stabilize the financial market to a certain extent, but it is difficult to avoid the gradual recession of the US economy.In fact, the measures announced by the Fed can basically calm the liquidity overlap in the financial market and avoid the panic sell-offs and substitution effects of financial institutions caused by insufficient liquidity.However, the biggest difference between the global financial market turmoil and the 2008 subprime mortgage crisis is that the turmoil is caused by the impact of the epidemic on the real economy.Therefore, unless the US government can introduce strong enough policy intervention to suppress the spread of the pneumonia epidemic in the United States, the Fed will only rely on loose monetary policy and will not calm the turmoil in the financial market.Wang Qing, chief macro analyst of Dongfang Jincheng, believes that if the US epidemic situation is basically controlled in the second quarter of the second quarter, the economy will rebound in the third quarter.In view of the fact that this economic recession is not due to an endogenous resource mismatch, once the short-term exogenous shocks subside and the suppressed consumption, investment and trade activities will recover faster, the risk of the US macroeconomic gradually falling into a sustained recession is not high.In addition to the United States, other countries are also acting.On Tuesday, G7 finance ministers and progressive governors issued a joint statement saying that they will take all necessary measures to restore confidence and economic growth, protect employment, and interfere with companies and the financial system.In terms of monetary policy, G7 takes active actions to support economic and financial stability and improve liquidity, including through mutual currency swaps. In terms of fiscal policy, the G7 finance minister said that it will provide enhanced liquidity and guarantees.Subsidized loans, budget extensions and loan repayment extensions and other measures, and provide funds to affected companies, especially small and medium-sized enterprises, where appropriate.Sauna, Ye Wang Gu Zhijuan editor Wang Jinyu proofreading Li Shihui

Sports Morning News: Su Qun burst the men’s basketball insider selection, Xu Xin announced to upgrade to be father

Sports Morning News: Su Qun burst the men’s basketball insider selection, Xu Xin announced to upgrade to be father
[Inside Story]Li Chunjiang was once “played” by the famous commentator Su Qun when he responded to the comments of netizens a few days ago, he revealed the reason why Li Chunjiang was not the head coach of the national team.Su Qun’s public account released “Why not afraid of Argentina, only Spain?””In response to questions from netizens about the coach of the national team after the text, he replied:” Chun Jiang guided the application letter that year. In fact, the basketball association has set up a foreign teacher. He also fooled into Beijing to bid for the job.The terracotta warriors and horses vowed not to participate in the national team competition.[Contract]Manchester United renewed De Gea Manchester United announced last night that they will renew their contract with De Gea until 2023, and also include a team option to extend the player contract for one year.De Gea joined Manchester United from Atletico Madrid in 2011 with a transfer fee of 20 million Euros and played a total of 367 times on behalf of Manchester United.According to statistics, he has scored 102 zero seals in the Premier League, this data is the highest in the Premier League goalkeeper.[Chasing the Star]Xu Xin announced his upgrade to the old table tennis Olympic champion Xu Xin announced the good news of his upgrade last night. He posted photos of his little hands on his personal social media, with the text: “Mother and son are safe, welcome new members to register!I couldn’t help myself, my daughter-in-law was not with me during the whole pregnancy period until the birth, my daughter-in-law worked hard!From now on, our support team will add another general!”Editor Wang Xihuang proofread Li Shihui

Sports Morning News: Spanish coach Gayego finishes class, Wu Lei joins the national football team today

Sports Morning News: Spanish coach Gayego finishes class, Wu Lei joins the national football team today
This morning, the Spanish club of Chinese player Wu Lei’s effectiveness announced the decision to change coaching, and Pablo Machin replaced David Gayego as the team’s new head coach.Some analysts believe that the Spaniard is about to change coaching or may bring a turning point to Wu Lei in an awkward situation.The Spanish head coach Gayago is out of class, Wu Lei may usher in a turning point.Photo / Visual China[La Liga]The Spanish head coach Gayego is out of class this morning, the Spanish Club announced that Pablo Machin replaced David Gayego as the team’s head coach.It is reported that the new coach signed with the club until 2021.Since he joined the Spaniards in 2013, someone from the Spanish B team won the Spanish League B championship and successfully advanced to the Western B League. He also owned the Spanish youth A team and won two league championships and one youth championship.Cup runner-up.But in the 8 games of La Liga this season, the Spaniard only won 1 win, 2 draws and 5 losses, ranking the penultimate in the league, so he made up his mind to break up with the youth training.The new coach, Ma Qin, is 44 years old. He once coached the first team of the three clubs Numancia (West B), Girona (West B, La Liga) and Sevilla (Liga).Some analysts believe that the Spaniard is about to change coaching or may bring a turning point to Wu Lei in an awkward situation.It is reported that Chinese player Wu Lei arrived in Shanghai last night and changed to and from Guangzhou this morning to join the national football team.With the return of Wu Lei, all the team members of the Chinese men’s football team will gather here.World Championship men’s singles triple winner Malone will lead the table tennis World Cup.Figure / Visual China[Ping Pong]Ma Long led the World Cup team competition The ITTF official website announced yesterday the list of the teams participating in the 2019 Table Tennis World Cup team competition.The national table tennis captain, World Championship men’s singles three consecutive winners Ma Long led the Chinese men’s team, Ding Ning will join hands with Liu Shiwen, Chen Meng, etc. to fully impact the championship.The list of World Cup national table tennis is as follows: Men’s team: Ma Long, Xu Xin, Fan Zhendong, Lin Gaoyuan, Liang Jingkun Women’s team: Ding Ning, Liu Shiwen, Chen Meng, Wang Manyu, Sun Yingsha will be antiques in Tokyo, Japan from November 6 to 10.

People and expected training time, make a change to improve defense before the holiday

People and expected training time, make a change to improve defense before the holiday
During the training in London, Wang Bo spoke before the training.Renhe Club provided a sauna for the picture. Ye Wang learned from the Beijing team and the team. Due to the epidemic, the team focused on the plan for the assembly of the fifth day in Zhongshan.After experiencing a season of disappointment in the Chinese Super League last year, the Beijingers and the Chinese returned to China again after two seasons.Before the Spring Festival, the team completed two stages of training in Zhongshan, Guangdong and London, England.Last year, the last round of the Chinese Super League was on December 1, 20 days later Renhe concentrated in Zhongshan, Guangdong, and began preparations for the 2020 season, which is at least half a month earlier than most Chinese Super League and Chinese League clubs.In the 2019 season, the team suffered from a lack of preparation in the early stage. Whether it was training or recruitment, it was one shot later than other Super League teams, which also became an important reason for the team’s relegation.In order to avoid a similar situation happening again, the club advanced the pre-season schedule this year.In the preparation period of the first stage, the coaching staff strengthened the team’s physical fitness and laid the foundation for the technical and tactical training of the British winter training in the second stage.On January 2 this year, the team arrived at Reading Bellwood Training Base in the western suburbs of London and started the 20-day second phase of winter training. The core of this phase of training is defense.Last season, Renhe had 65 goals conceded, which was the second-lowest goal in the Chinese Super League goal list, only better than Guangzhou R & F, which is famous for its poor defense.However, Renhe is not always defensive. In the 2018 season, they won the 8th place in the Super League with a solid defense.To solve the defense problem, coach Wang Bo starts with a transformation.Like the last three games of last season, Wang Bo will continue to use the 3 Zhongwei formation next season. This is also the formation he is best at when coaching in Shaanxi Daqin Zhishui.While changing the formation, Wang Bo is also working on the offensive and defensive conversion.In order to allow players to find the rhythm of the game, the coaching staff arranged four warm-up matches with the local team while implementing “two trainings a day”. The opponents were Brentford, Luton, Reading, and Totner.Mr Tottenham.Although the opponents are mostly composed of reserve teams and U23 players, the game rhythm and intensity of confrontation are still higher than that of the Super League. The coaching staff hopes to use this intensity to stimulate the team.Proofreading Liu Jun

Wu Lei missed a single opportunity off the bench, the Spaniard undefeated in 26 games

Wu Lei missed a single opportunity off the bench, the Spaniard undefeated in 26 games
Wu Lei budget indicators.Information map / Osports Beijing time this morning, the Europa League group stage is all over.The Spaniards were 0-0 at home by the Moscow Central Army and were defeated in the group stage for the first time. Fortunately, they still advanced to the top of the group.Wu Lei came off the bench for this campaign, but it was not expected, and he also missed an excellent single-handed opportunity.The poor Spanish team in the La Liga league was well-fed in the UEFA Cup group stage. Before this round, the team won the first place with an undefeated record.With the results of the last round of the Europa League group match, Ma Qin obviously rotated the expected performance. Wu Lei, who did not enter the competition list in the last round, stood by on the bench.The Spaniard at home ended with a victory in the group stage. In the 14th minute, Piatti’s single-pole was blocked by the opponent’s goalkeeper.Since then, the chance is more for the Moscow Central Army. The home team goalkeeper Prieto staged many wonderful saves to ensure that the goal is not lost.Wu Lei, who came off the bench in the second half, missed the excellent single-handed opportunity in the 73rd minute, making the coach on the sidelines extremely annoyed.In the 84th minute, Frasic’s goal helped the visiting team win 1-0.Despite the barrier-free Spaniard’s qualifying range, the 0 to 1 defeat defeated the team’s 26-game undefeated “golden body” in Europe and replaced the record.Fans were also extremely dissatisfied with the team’s current record and boos broke out at the final whistle.Wu Lei got 6 after playing the half.A rating of 3 ranks in the middle of the team.

8 sets of CCTV’s new year drama will be broadcast, nursery He Minghan joins hands

8 sets of CCTV’s new year drama will be broadcast, nursery He Minghan joins hands
The large-scale anti-special suspense drama “Breakthrough 1950” will land on CCTV’s 8 TV drama channels at 19:30 on January 1, 2020.In the play, the nurses played the former anti-Union female soldier Liu Yu’e and the scout Han Lidong played by He Minghan, the two men joined forces to fight the enemy.He Minghan said with a smile: “My character is described as the busiest of the whole drama, busy catching the secret agent, busy coaxing the sister, and busy solving the case with Liu Yu’e.”He Minghan enlightened that Liu Yu’e played in the nursery in the play was a female man, and he was very afraid of her.Although Liu Yu’e seemed somewhat “unfriendly” to Han Lidong in the theater, He Minghan said that it was very pleasant to cooperate with the nursery. The nursery in real life is actually a little woman.The nursery also said that he was so fierce for He Minghan is a role need.And he admired He Minghan very much in his life, “He is always full of energy on the set, and he is a big boy who doesn’t seem to know tired.”Sauna, Ye Wang Liu Wei editor Xu Meilin proofreading Wang Xin

War Epidemic Diary · Commerce — March 18

War Epidemic Diary · Commerce — March 18
March 18, 2020[Epidemic Prevention]Beijing launched the “Epidemic Protection and Supply Online” activity. On March 18, the “Epidemic Protection and Supply Online” sponsored by the Beijing Municipal Bureau of Commerce led to the official opening of consumer activities through online live broadcast.The activity will last for a month, and more than 300 companies from business supermarkets, e-commerce, catering, foreign trade, express delivery, and life service industries will participate in various forms.The event included online shopping discounts, online training to support small and micro enterprises, “Consumption Guide” to guide consumption, safe distribution and other sectors.The World Chinese Food Industry Federation publishes meal sharing and operation standards for public chopsticks services. On March 18th, the World Chinese Food Industry Federation announced the group standards for “Chinese food meal sharing system, double chopsticks system, and public chopsticks system service standards.The standard requires that every dish, order, soup, dish or spoon or dish and chopsticks be guaranteed.In particular, it was suggested that the service staff of the banquet should observe the tour and remind the guests to use public chopsticks and spoons.[Agriculture]Baiguoyuan “warm the spring to help farmers” act again On March 18, the sauna and Yewang learned from Baiguoyuan that 700 tons of desert melons collected from unsalable farmers in Lingshui County, Hainan Province were recently put on sale.This is also the second fruit product supported by the Baiguoyuan “warm spring to help agriculture” action after the Jinhuang Mountain in Hainan.According to reports, during the whole fruit season, Baiguoyuan will help Lingshui County sell about 700 tons of desert honeydew melons, which is equivalent to the production of more than 350 acres of melon fields.[Support]The Beijing Film Bureau will issue three awards, including the “Special Supplement for Epidemic Situations” to the cinema. The Beijing Film Bureau recently issued the “Notice on Organizing and Carrying Out the 2020 Beijing National Film Development Special Fund (Phase 1) Project Declaration Work》》, The article stated that, taking into account the losses caused by the epidemic of the theaters, the theaters operating normally in 2019 will be compensated based on the box office at the beginning of 2019.Within three years from the natural year of self-compensation for normal operation of a newly-built theater that meets the requirements, the special fund for the municipal-level film will be returned.For cinemas with outstanding performance at the box office screening of domestic films in 2019, awards will be given based on the Beijing Municipality Awards for the Implementation of Specifications for Cinemas with Outstanding Performance of Domestic Films.Sauna, Ye Wang Wang Lin editor Peng Yali proofreading Liu Baoqing