Hi everyone. I’m Stephanie LI.
大家好，我是主持人李莹亮。
Coming up on today’s program.
重点提要
Several Chinese cities cut mortgage rates to as low as 3.7%;
China's annual box office hits billionn-yuan milestone in record time.
Here’s what you need to know about China in the past 24 hours
中国经济要闻
As China established a dynamic mortgage rate adjustment mechanism for first-time home buyers, more and more cities cuts the interest rates of housing loans after the spring festival.
Media learned from staff members at four state-owned banks yesterday in Zhuhai, Guangdong Province, that they had received notice to lower mortgage rate for first home buyers to 3.7 percent, or 60 bps off the latest installment of the LPR, making it currently the lowest across China, while some banks were waiting for formal notice.
Besides Zhuhai, several other cities, including Zhengzhou in central China's Henan Province, Xiamen and Fuzhou in Fujian Province and Changchun in Jilin Province have lowered the interest rates of commercial individual housing loans to 3.8 percent.
About 20 cities across the country have adjusted the mortgage rates for first-time home buyers, data from China Index Academy said.
A report released by Beike Research Institute pointed out that with the establishment of the adjustment mechanism, home loan interest rate cuts would be more frequent in the future. Beike’s data showed that in January, the average interest rates for first and second home in 100 major Chinese cities stood at 4.1 percent and 4.91 percent, respectively, which are 146 bps and 93 bps lower than a year before.
In the short term, it is expected that more qualified second, third, and fourth-tier cities will reduce mortgage rates lower limit to less than four percent, said Chen Wenjing, market research director at the Index Division of the China Index Academy.
This year’s Chinese New Year holiday, which normally a slow season for home sales in China, saw new housing projects viewings and deals in some first- and second-tier cities recover compared with the same period of last year. Monitoring data from Zhuge House Hunter showed that second-tier cities such as Dalian, Nanning, Qingdao, Jinan, and Yangzhou saw more deals than the comparable period in 2022.
春节长假过后，楼市就传来好消息！
1月31日，有消息称，四大行下调珠海首套房房贷利率，最低可按照3.7%执行。对此，媒体咨询四大行珠海分支机构后确认，四大行目前在珠海的首套房贷利率均按照最低3.7%执行，即最新一期LPR减60BP，且无其他特殊要求，这一利率水平为全国最低。
今年开年之后，全国新一轮房贷调降潮袭来，珠海首套房贷利率下调并非孤例，就在同一天，厦门、福州宣布阶段性下降首套房商业贷款利率下限至LPR-50BP，从4.1%调整至3.8%。1月31日，长春首套房贷利率也由4.1%最低降至3.8%。
除此之外，沈阳和郑州均下调了首套房贷款利率。郑州多家银行工作人员向媒体表示，“已于近日收到利率调整消息，调整后首套住房贷款利率（商贷）由4.1%降至3.8%，但部分银行还在等待正式的执行通知。”媒体从沈阳多家银行获悉，自2月1日起至4月1日，沈阳大部分银行首套房贷利率将下调至3.9%，已有个别银行提前执行。
这主要得益于首套住房贷款利率政策动态调整机制。今年1月5日，人民银行、银保监会发布通知，决定建立首套住房贷款利率政策动态调整机制。新建商品住宅销售价格环比和同比连续3个月均下降的城市，可阶段性维持、下调或取消当地首套住房贷款利率政策下限。
中指研究院不完全统计，2023年新调整利率下限的城市接近20个。值得注意的是，此前落实首套住房贷款利率政策动态调整机制的城市主要集中在三四线城市，而此次珠海、厦门、沈阳、福州、郑州等二线城市也先后对首套房贷利率开启动态调整。
贝壳研究院此前统计数据显示，2023年1月百城首套主流利率平均为4.10%，环比上行1BP，二套平均为4.91%，环比持平，同比分别回落146BP和93BP。
专家认为，短期来看，符合首套住房贷款利率政策动态调整机制的城市有望跟进调整，利率下限有望降至4%以下。“这部分城市多为普通二线及三四线城市，一线及核心二线城市新房市场韧性较强，房价整体平稳运行，房贷利率或更多从加点数上进行调整。”
Guangdong’s high-quality development 2023
岭南春早，潮涌珠江
Guangdong innovation hub Shenzhen announced the beginning of the construction of 266 projects at a conference centering on high-quality development, a day after Guangdong Province held a conference on the same theme, demonstrating Shenzhen’s resolution and swiftness to take the lead in pursuing high-quality development. The projects, the city’s first batch of key projects for 2023, will involve a total investment of 329.53 billion yuan, with an annual planned investment of about 53.56 billion yuan this year. The 266 projects mainly cover the industrial sector, infrastructure, public service projects and property development.
Shenzhen Party chief Meng Fanli underscored the city’s firm determination to make everyday count with a strong sense of responsibility as well as the spirit of not slacking for a moment. Meng urged efforts to vigorously advance the current key work in 10 aspects, which covers boosting confidence, stabilizing growth, warding off risks, promoting innovation, expediting modern industrial system development, fostering market entities, attracting investment and talents, invigorating reforms, achieving fruitful results in opening, and improving people’s livelihoods.
深圳高质量项目“跑起来”：1月29日，深圳市高质量发展大会举行，紧扣高质量发展主题对全年重点工作作出动员部署，进一步增强责任感使命感紧迫感，跑起来、抢时间、争一流，在高质量发展中坚决走在前列勇当尖兵。 深圳市委书记孟凡利指出，要牢牢把握大力推进当前十个方面重点工作，即提信心是当务之急，稳增长是全年头等重任，防风险是底线要求，抓创新是根本之策，加快建设现代化产业体系是中心任务，培育壮大市场主体是发展基础，招商引资、招才引智必须有突破性进展，改革必须增动力添活力，开放必须实现丰硕成果，民生必须每年都有新气象。
随后举行了2023年全市首批重大项目开工仪式。266个项目总投资约3295.3亿元，其中投资超50亿元大项目达到了20个，不仅在规模、投资额以及项目数上再度超越去年同期，还涵盖了新一代信息技术、智能网联汽车、新能源新材料以及人工智能等重点产业和领域。
Guangdong’s Dongguan, also known as "the world's factory”, eyes a GDP target of above 5.5 percent in 2023 and strive to achieve 6 percent. During the city’s recent conference on high-quality development on manufacturing, Dongguan put forward a series of new goals, including to increase the output of industrial enterprises by 6 percent, fixed asset investment up by 12 percent with industrial investment growing 15 percent to exceed 120 billion yuan. The southern manufacturing hub has designated 2023 as the "Year of Investment Promotion”, aiming to attract investment of over 160 billion yuan throughout the year, while striving to exceed 100 billion yuan in the output value of seven strategic emerging industries, and to host 140 "little giant" firms and 9,500 nationally-certified high-tech enterprises. In addition, there will 102 key projects of the province located in Dongguan this year, with a total investment of 415.8 billion yuan.
东莞聚焦制造业高质量发展：1月30日，东莞高规格召开全市制造业高质量发展大会，从经济发展、创新驱动、质量结构、生态文明等四大重点领域提出一系列新目标。其中，GDP增长5.5%以上、争取达到6%；规模以上工业增加值增长6%；固定资产投资总额增长12%，工业投资总额增长15%；外贸进出口总额增长3%；招商引资实际投资金额1600亿元以上。东莞明确把2023年定为“招商年”，加快产业立新柱，力争七大战略性新兴产业基地产值破千亿元，努力完成全年工业投资1200亿元；力争“小巨人”企业增至140家，国家级高新技术企业数达9500家，力争尽快达10000家。东莞市委书记肖亚非表示，当前我国已进入抓经济、拼速度，努力实现高质量发展的新赛道。当前，全省吹响了高质量发展的号角，作为全省第四个万亿城市责无旁贷，“快干、实干、苦干”推动高质量发展。
Greater Bay Area, Greater future
新使命，大未来
China's major financial hub Shenzhen saw the added value of its financial industry reach nearly 513.8 billion yuan in 2022, up 8.2 percent on a yearly basis, according to data released by local financial regulator on Tuesday. By 2022, the total assets of Shenzhen's banking sector had reached 12.2 trillion yuan, an annual increase of 8.5 percent. Shenzhen saw 42 newly listed companies in the full year, ranking second in number in China, bringing the total number of its listed companies to 535.
深圳金融业三年年均增长8.3%：1月31日，深圳市地方金融监督管理局消息，作为深圳重要的支柱产业之一，2022年深圳金融业增加值达5137.98亿元，首次突破5000亿元大关，稳居国内大中城市第三位；同比增长8.2%，增速居一线城市首位。深圳金融业三年年均增长8.3%，支柱产业地位和功能充分彰显。截至2022年12月末，深圳银行业资产总额12.2万亿元，增长8.5%；1-12月，全市证券分支机构证券交易额84.2万亿元，增长21.9%；全市新增境内外上市公司42家，数量居全国城市第二；2022年底，上市公司总数达535家，其中A股上市公司405家，占全国的1/8。
Next on industry and company news
产业及公司新闻
Buoyed by robust Spring Festival holiday ticket sales, China's 2023 box office hit 10 billion yuan on Tuesday, the earliest date the milestone figure has ever been reached. Domestic titles led the January chart, with suspense comedy "Full River Red,” sci-fi blockbuster "The Wandering Earth II,” and animated film "Boonie Bears: Guardian Code” taking top 3.
2023年内地票房刷新最快破百亿纪录：据灯塔专业版数据，截至1月31日16时20分，2023年度大盘票房(含预售)突破100亿，刷新了中国电影市场年票房最快破100亿纪录。截至目前，2023年实时票房前五名：《满江红》《流浪地球2》《熊出没·伴我“熊芯”》 《阿凡达：水之道》《无名》。
China's shipbuilding capacity utilisation index, also known as CCI, has soared to the highest in nearly 10 years in 2022, according to the country’s shipping industry association. The CCI came in at 764 points last year, an increase of as much as 22 points from 2021, the China Association of the National Shipbuilding Industry announced today.
中国造船业产能利用率创10年新高：2月1日，中国船舶工业行业协会发布数据称，去年四季度，中国造船产能利用监测指数（CCI）为764点，同比增长3%，达到近十年来的最高点。
Forty out of the 68 listed real estate developers in China that have released their 2022 earnings outlooks expect losses, with seven slated to lose more than 10 billion yuan. This is the first time for 14 companies, including state-owned giant Beijing Capital Development, Joy City Property, and Overseas Chinese Town, to record annual losses, according to the latest Wind data.
A股40家房企预亏：截至1月31日收盘，据Wind统计，在申银万国房地产行业分类下，发布了业绩预告的约68家企业中，40家为亏损状态，占比近六成，其中有14家为首度亏损；有48家的业绩同比向下。其中，国资背景的首开股份、大悦城、华侨城等规模房企出现了首亏；而早已陷入债务危机中的蓝光发展，业绩则在持续下探，亏损规模已近220亿元。
Lotus Technology, a luxury electric carmaker owned by China’s Geely Holding, has agreed to go public by merging with a special purpose acquisition company in a deal that values it at about US$5.4 billion. Lotus Tech will merge with Nasdaq-listed L Catterton Asia Acquisition, which is affiliated with private equity firm L Catterton, the automaker said Wednesday. All existing shareholders of Lotus Tech, including Geely, Etika, and Nio Capital, will retain their interests and own a total of about 89.7 percent of the new company’s shares.
路特斯赴美“曲线敲钟”：吉利旗下跑车品牌路特斯科技（Lotus Tech）日前与特殊目的收购公司L Catterton Asia Acquisition Corp（纳斯达克股票代码：LCAA）达成合并协议。新公司作价约54亿美元，其中考虑了LCAA信托账户中约2.88亿美元的现金（假设LCAA 的公众股东均未选择赎回他们的份额）。路特斯科技现有股东包括Geely Holding（吉利）、Etika、NIO Capital（蔚来资本）预计将保留在新公司的权益，并在交易完成后拥有新公司约89.7%的股权，以强调其对路特斯的信心。
Wrapping up with a quick look at the stock market
股市收盘情况
Chinese stocks rose on Wednesday, as the country’s manufacturing activity showed an improvement and investors are hopeful ahead of the US rate hike. The benchmark Shanghai Composite gained 0.9 percent and the Shenzhen Component rose 1.3 percent. Hong Kong shares rebounded after two days of falls, with the Hang Seng index jumping 1.1 percent, and the TECH index bounced 3.4 percent.
A股2月开门红、港股反弹：周三A股三大指数早盘高开震荡整理，午后一路走高，截至收盘，沪指涨0.9%，深成指涨1.31%，创业板指涨1.27%，沪深两市超4300只个股飘红，全天成交额10046亿元。港股震荡上涨，截至收盘，恒生指数涨1.05％，恒生科技指数涨3.37％。
Biz Word of the Day
财经词汇划重点
A special purpose acquisition company (SPAC) is a company without commercial operations and is formed strictly to raise capital through an initial public offering (IPO) for the purpose of acquiring or merging with an existing company.
特殊目的收购公司，或称空白支票公司，是一种投资基金，允许公共股票市场投资者投资私募股权交易，特别是杠杆收购。它们没有业务但是上市的目的是与SPAC首次公开募股的收益合并或收购公司。
Executive Editor: Sonia YU
Editor: LI Yanxia
Host: Stephanie LI
Writer: Stephanie LI
Sound Editor: Stephanie LI
Graphic Designer: ZHENG Wenjing, LIAO Yuanni
Produced by 21st Century Business Herald Dept. of Overseas News.
Presented by SFC
编委: 于晓娜
策划、编辑：李艳霞
播音：李莹亮
撰稿：李莹亮
音频制作：李莹亮
设计：郑文静、廖苑妮
21世纪经济报道海外部 制作
南方财经全媒体集团 出品
(作者：李莹亮 编辑：李艳霞）