State-owned shares turn to hold the development of energy enterprises

cfp/Map Click here to view all financial news pictures The capital market or short-term speculation behavior of the Ministry of Finance, SASAC, the Securities and Futures Commission, the National Social Security Fund Council four departments, June 19 external release "Domestic securities market transfer some state-owned units to enrich the National Social Security Fund Implementation Measures" (hereinafter referred to as the " The approach provides that after the new and old split of the share splitting, where the initial public offering of shares and listed in the domestic securities market, including state-owned shares of the limited company, unless otherwise provided by the State Council, shall be in the initial public offering of the actual number of shares 10%, will be part of the state-owned shares of the　　The announcement of this policy immediately attracted many media attention. Stabilizing the sources of energy enterprises is beneficial to the long-term development of energy sector in the four departments released data, in addition to the Bank of China, the Chinese air, the Guangzhou-Shenzhen Railway, China Ocean and other related to more than 100 million shares of the large listed companies, the implementation of the transfer of the state-owned shareholders among the many Such as: China Petroleum and Natural Gas Corporation, China National Offshore Oil Corporation, Shenhua Group Limited liability company, China Coal Energy Group Corporation, China Huaneng Group Corporation, China Datang Group, etc., also involves PetroChina, China Shenhua, CNOOC service, Datang power generation, Datong coal industry, Guangdong hydropower, medium coal energy, Shaanxi Natural Gas, China to invest in a number of energy stocks such as Xinji. What impact will the implementation of the transfer obligations have on the development of energy companies and energy industries?　　Zhu, an associate researcher at the Energy Economics Research Institute of the Chinese Academy of Social Sciences, said the performance of the transfer obligation would not affect energy companies, but would not rule out short-term speculation in the capital markets. CIC Consultant Energy industry chief researcher Qian said to the China Energy News Reporter: "The implementation of the transfer of obligations for energy enterprises and energy industry, because of the general long-term investment in its projects, so the Social Security Fund holding energy stocks, conducive to the stability of corporate funding." Moreover, the oil, coal, electricity, including the energy industry is the relationship between the livelihood of the basic industry, so in the solution to the issue of people's livelihood, energy enterprises should make contributions, the implementation of the transfer of obligations is the best annotation. "Shanghai Hao Yu, general manager Chen, said in an interview with China Energy News," the energy companies involved in state-owned shares are all part of state-owned assets, occupy an important position in national economy, state-owned assets should serve the state and serve the public. Only by management decision-making, from the left hand to the right hand, more embodies the significance of the use of the people.　　He also believes that the energy sector in the stock market accounted for a larger proportion of the current policy on energy stocks and plates for the positive significance of more, will not produce the energy sector of the big shocks. Early digestion of future risks does not preclude market fair trade Qian that the "method" expressly, the domestic listed state-owned enterprises 10% shares to be held by the Social Security Fund, the most immediate significance is to make up for the past Social Security Fund gapAnd make social security funds more diverse. Because, before our country Social Security Fund's source of funds is more unitary, mainly comes from the state-owned enterprise to transfer the state-owned stock to hold the income. From a deep point of view, the introduction of the "method" can be seen as a major attempt by our government to improve the social security system.　　With the aging of the population in China, the future social security system will face great pressure, the government's layout is conducive to the future risk of early digestion. Referring to the impact of this policy on the current securities market, Chen told the China Energy News reporter that this policy undoubtedly has far-reaching and significant significance. Compared with the state-owned shares of the year, the purpose and destination are the same, but the market has a different role and influence, more intelligent and operable, the market also has a better care and stability.　　And that year's reduction is regarded as a market scourge, so that the market into a long "bear road." Like Chen's point of view, Qian also believes that the policy and the current year's state-owned stock reduction compared to the same. This policy in the short term for the securities market is good news, first of all, Social Security Fund as a major institutional investors in China's securities market, it pursues a long-term value investment philosophy, which is conducive to the stability of the securities market; Furthermore, the measures provide for the return of old and new to the scheme Prior to the announcement of the IPO of the state-owned stock extension of three years, that is, to this part of the "big non" and then added a lock, which undoubtedly gave the current stock market to eat a reassuring, conducive to alleviating the current market on the issue of the ban on restricted stocks concern. Moreover, its benchmarking position will also guide the market participants to establish rational investment ideas; again, in 5 years China will not usher in the peak of retirement, so the future period of Social Security Fund large-scale reduction of state-owned stocks is unlikely.　　This will also play a stabilizing role in the stock market. Qian reminded that the state-owned stock transfer also has drawbacks: investment in the stock market itself there is a risk, and Social Security Fund has the particularity of safeguarding the stability of society, in order not to let the social Security Fund to suffer losses, for the purpose of maximizing benefits, the future does not rule out its use of information, funds, policies and other advantages, to make a deal against market fairness