October Economic Data Released Electricity Supplier Welcomes "Double Eleven"

40 billion yuan repurchase maturity

Next week, the open market still has 40 billion yuan of funds due, including 20 billion yuan 14 day repo in November 11th and 13th.

This week, the open market also has 40 billion yuan of funds expired, the central bank has launched 40 billion yuan.

Operation, continue to maintain the volume and price flat operation style.

This is the central bank's fourth consecutive week in the open market.

Insiders pointed out that the central bank's intention to maintain stability in the open market and increase the intensity of targeted placement in the non-public market is the core of the current monetary policy implementation.

This not only keeps the liquidity of the money market loose, especially the stability of liquidity expectations, but also ensures the efficiency of directional placement, that is, the controllability of money flow and the effectiveness of reducing the cost of financing.

The industry is generally optimistic about the four quarter's liquidity situation.

Main economic data released in October

Next week is a week of intensive economic data released in October.

From the conventional time schedule, we announced the CPI and PPI in October, announced the new RMB loans and M2 in October on Wednesday, announced the total retail sales of social consumer goods, fixed asset investment and industrial added value in October, and announced the total social electricity consumption in October on the Friday of CPI.

Haitong Securities forecasts the macroeconomic data in October, * the economy is still low, inflation or even low innovation; in October, pork and vegetable prices declined, food prices down, CPI increased 1.6% last month, down to 1.5% this month, and the decline in producer goods prices increased, and the PPI fell from 1.8% last month to 2.2%.

It is estimated that the new RMB loans in October will fall to 650 billion yuan from 857 billion 200 million yuan last month, and the M2 growth rate will also drop by 0.5 percentage points to 12.4%.

In terms of consumption, although the growth rate of real estate sales has picked up, the demand for passenger cars has dropped significantly, and the short-term consumption growth will continue to slow down. In October, the total retail sales of social consumer goods grew to 11% year-on-year. Because of the overall weakness of investment, the growth rate of fixed asset investment in October was 13.1% and the cumulative growth rate was 15.7%, while the industrial added value was also dropping, and the growth rate in October was 7.6%.

APEC conference climax

Next week,

The twenty-second informal meeting of leaders will be held in from November 10th to 11th.

The theme of the informal meeting of the APEC leaders is "building Asia Pacific Partnership for the future". The three main themes of the conference are: promoting regional economic integration, promoting economic innovation, development and reform and growth; and strengthening all-round infrastructure and interconnection.

Infrastructure and interconnection will become the focus of attention in the coming stage.

Coupled with the 21 days from October 16th to November 5th, the national development and Reform Commission has approved 16 railways and 5 airports with 21 capital construction projects. The total investment of these projects is 693 billion 374 million yuan, and the intention of steady growth is obvious.

"Double eleven" stimulates multi industry sales

The annual electricity Carnival "double eleven" is next week.

Prior to this, Tmall, Jingdong, suning.com and many other electricity providers have carried out several rounds of preheating, home appliances, home textiles,

And many other industries such as fast selling products for daily use have joined the "double eleven" promotion.

Data show that on November 11th last year, Taobao's total sales volume reached 35 billion 18 million yuan, an increase of 83% over the same period last year. On November 11th -16, the total volume of national express business was 346 million, an increase of 73% over the same period last year.

From the sale of listed companies, the sales of fuanna and Luo Lai textile enterprises are over 100 million yuan on that day.

This year, Jingdong and Taobao have been listed, and the "double eleven" momentum and promotion efforts are unprecedented.

It is estimated that the relevant listed companies such as the electricity supplier concept stocks, logistics, household appliances, home textiles, garments, and fast selling daily products will have considerable sales, which will have a positive impact on the performance, or bring short-term trading opportunities.