国办发文整顿交易场所 The dispatch map trading places

　　国务院办公厅20日下发《国务院办公厅关于清理整顿各类交易场所的实施意见》，从清理整顿工作的整顿范围、政策界限、工作安排、交易所审批政策等方面提出了明确、细致的要求。《意见》的发布意味着各类交易场所的清理整顿工作在操作层面有了具体的执行规范，整改工作的推进力度亦将加大。

Issued by the general office of the state council 20 days《The general office of the state council about rectification of the implementation opinions of all kinds of trading places》，Rectifications from the reorganization of the range、Policy limits、Work schedule、Exchange the policy to the examination and approval put forward、Detailed requirements。《opinion》The release of all kinds of means of trading places rectifications have concrete operation level in the execution of the standard，The rectification work efforts will also increase。

　　六类违规情况的交易场所及其分支机构被划入整改范围，包括存在权益拆分为均等份额公开发行、以集中交易方式进行交易、权益按标准化交易单位持续挂牌、权益持有人超过200人、以集中交易方式进行标准化合约交易，以及未经批准从事保险、信贷、黄金等金融产品交易。

Six types of illegal trading places and their branches were classed as corrective range，Including exist due to share equal rights public、To focus on way to trade transactions、Rights on a standardized trading unit for listing、Rights holder more than 200、Transaction on ways to standardization agreement deal，Without approval and engaged in insurance、credit、Gold, and other financial products trading。

　　券商分类评级结果出炉 Brokers classification rating the results are

　　近日，证监会有关2012年券商分类评级的结果正式出炉。今年的券商分类评级依然是“几家欢喜几家愁”。在96家受评券商中，有30家升级，19家降级。而备受关注的“3A”评级则依然空缺。在19家遭降级的券商中，有12家降级后所属大类改变。AA级阵营中有2家降级，分别是平安证券和齐鲁证券。A级阵营中降级的有国元证券(000728,股吧)等11家，其中华创证券降2级至BB级。

recently，The CSRC in 2012 brokers classification rating of the results from the official。This year's brokers classification rating is still“Several glad several sorrow”。In 96 by the house in securities，Have 30 home upgrade，19 relegation。And the concern“3 A”Rating remains vacancy。In 19 of the house was demoted brokers，A dozen after their demotion subordinate categories change。The AA level camp have two relegation，Respectively is peace securities and qilu securities。A level camp demoted to be A nation yuan securities(000728,Shares it)11 home，Including China and securities drop level 2 to BB level。

　　（每日经济新闻(博客,微博)）

（Daily economic news(blog,Micro bo)）

工银安盛人寿在沪挂牌 Work life in Shanghai silver axa listing

　　由工商银行(601398,股吧)控股的工银安盛人寿保险有限公司近日在上海挂牌成立。该公司前身为金盛人寿，2012年7月，上海市工商局核准金盛人寿企业法人营业执照的变更事项，金盛人寿保险有限公司正式更名为工银安盛人寿保险有限公司，工商银行持有60%的股权，成为公司控股股东，法国安盛集团和五矿集团分别持有公司27.5%和12.5%的股权。（张炜）

The industry and commerce bank(601398,Shares it)Holding the work of the silver axa life insurance company recently was founded in Shanghai。The company predecessor is JinCheng life，July 2012，Shanghai industrial and commercial bureau for approval JinCheng life business license of enterprise legal person change matters，JinCheng life insurance Co., LTD. Has been renamed as "silver work axa life insurance Co., LTD，Industry and commerce bank hold the equity of 60%，The company the controlling shareholders，The French group axa and minmetals group holding respectively 27.5% and 12.5% of the equity。（Zhang wei's）

　　鹏华纯债基金获批 Peng HuaChun debt fund is approved

　　鹏华基金旗下首只开放式纯债基金——鹏华纯债债券基金已经获批，将于近期发行。这是鹏华基金固定收益团队在继目前国内首只纯债分级基金鹏华丰泽之后，推出的又一只债性纯正的产品。银河数据显示，鹏华基金固定收益团队今年上半年旗下债基整体表现抢眼。截至7月13日，普通债券型基金今年以来的平均回报为6.54%，其中鹏华基金旗下5只债券基金全部跑赢平均回报，且其中四只债基今年以来的净值增长率超7%。此外，德圣基金研究中心的报告指出，目前市场中纯债基金成立以来均取得正收益，显示出较好的持续性获利能力，相对非纯债的债券型基金，纯债基金的风险更低，收益更加稳定。

Peng hua fund its first open-end fund-pure debt peng HuaChun debt bond fund has approved，In the current issue。This is great China fund fixed income in the first team at home only pure debt fund peng huafeng ze after classification，The launch and a debt of the pure products。Galaxy data shows，Peng hua fund fixed income team in the first half of this year, its debt performance overall grab an eye。By July 13,，Common bond fund since this year average returns of 6.54%，China's peng of fund 5 only bond fund all run win average returns，And four of them, since only debt this year the net value of the growth rate of over 7%。In addition，DE SAN fund research center report，In the market at present is pure debt fund has achieved since the establishment of the positive income，Show good sustainable profitability，The pure debt relative to the bond fund，Pure debt the risk of the fund to be low，Gains more stable。

　　瑞福进取单级扩募在即 Rachel f aggressive expansion in offering a single stage

　　7月25日起，境内首只分级基金瑞福分级基金之瑞福进取份额将展开单级平价扩募，募集上限为50亿份，募集期限为两周。据了解，瑞福进取份额是境内唯一一只分开发售、无配对转换、封闭交易的杠杆指基份额。瑞福进取份额开放申购公告显示，7月24日，基金管理人国投瑞银将办理过渡期份额折算，将原瑞福进取份额净值折算至1元左右，并按净值开放申购，虽然申购上限为50亿份，但考虑到原有留存的瑞福进取份额在折算后自动转为新的瑞福进取份额，真正的可申购份额上限要将留存份额扣除。

On July 25, up，China's first grading fund red f grade only of the funds red f enterprising share will open a single stage parity from expansion，Raise up to 5 billion copies，Collect period for two weeks。According to understand，Rachel f enterprising share is only a separate territory on sale、No matching conversion、The lever of the yankees closed trading to share。Rachel f enterprising share announcement open explain，July 24，Fund managers will handle a proprietary of ubs transition share convert，The red f enterprising share conversion to 1 yuan net value，And according to net value to open explain，Although explain buy up to 5 billion copies，But considering the original left red f enterprising share in the convert to automatically after new red f enterprising share，The real can explain buy share cap will deduct retained share。

　　（王继高整理）

（WangJiGao finishing）