金融界

financial

　　米娜整理

Mitag finishing

　　央行再发第三方支付牌照共有197家企业获牌

The central bank again hair, the third party pay total of 197 enterprises were licence CARDS

　　央行最新公告显示，已于近日发放了第五批第三方支付牌照，但本批名单仅一家企业——青岛百通达获得青岛市内预付卡的发行与受理。至此，共有197家企业获得央行颁发的支付牌照。

The central bank the latest announcement，Already in recently issued the fifth group of third party pay licence，But this batch of list only a enterprise--Qingdao the understanding of Qingdao city for prepaid the issuing and accept。So far，A total of 197 enterprises have issued by the central bank to pay licence。

　　点评：这表明央行不再完全集中发放支付牌照，而是“合规一家、发放一家，合规一批、发放一批”。目前已经有241家企业递交了第三方支付牌照的申请，牌照已经不再是稀缺资源，而且央行的发牌节奏表明，支付牌照的发放将趋于理性。

Comment on：This suggests that the central bank will no longer fully focused pay licence issued，but“Compliance a、Issued a，Compliance a batch of、Issuing a batch of”。At present there are 241 enterprises submitted the third-party payment licence application，Licence is no longer scarce resources，And the central bank's licensing rhythm suggests，The issuance of licenses for payment will be rational。

　　中国银行(601988,股吧)OTC大宗商品远期交易助力保值

The bank of China(601988,Shares it)OTC commodities forward transactions power value

　　8月8日，纽约原油收盘价93.67美元每桶，布伦特油收于111.98美元每桶。从今年5月初开始到6月中旬，纽约原油价格从106美元关口暴跌到80美元以下，又从7月初的80美元关口迅速上涨至90美元之上，而以铜为主的基本金属价格则仍处于震荡盘整之中。

August 8,，New York oil closing price $93.67 a barrel，Brent oil closed at $111.98 a barrel。From this year's early may start to the middle of June，New York crude oil prices from $106 to $80 the following pass slump，And from early July pass quickly rose to $80 over us $90，And to the basic metal prices mainly copper is still in shock of consolidation。

　　点评：自2011年底开始，以原油为首的全球大宗商品价格遭遇过山车行情。能源和基本金属等大宗商品价格波动剧烈，使得国内众多企业面临由此产生的价格风险，中国银行开展的OTC(即场外市场)大宗商品远期交易可为公司客户锁定未来期限的商品价格，从而减小商品价格波动对公司经营成本和损益的影响。

Comment on：Since the end of 2011 began，With oil at the head of the global commodities prices encounter a roller coaster market。Energy and basic commodities such as metal prices volatile，Make the domestic numerous enterprises are facing the resulting price risk，Chinese Banks of OTC stock(Namely the over-the-counter market)Commodities forward transactions can be to customer lock time limit future prices of the goods，In order to decrease commodity prices on the company operating costs and the influence of the profits and losses。

　　兴业银行(601166,股吧)上半年净利增长近40%

Industrial bank(601166,Shares it)Net profit rose by nearly 40% in the first half

　　8月10日兴业银行率先发布2012年半年度报告显示，上半年该行实现净利润171.02亿元，同比增长近40%，不良贷款率与一季度末持平，保持在0.40%，资本充足率11.25%，较期初上升0.21个百分点。同期公布中报的华夏银行(600015,股吧)净利润也保持较高增长水平，同比增长达42.36%。

August 10, the bank takes the lead in release 2012 interim report shows，The first half net profit of 17.102 billion yuan，Year-on-year growth of nearly 40%，Bad loans at the end of the first quarter and flat，Maintain at 0.40%，Capital adequacy ratio of 11.25%，A initial rose 0.21%。Released in the same period the center daily news of huaxia bank(600015,Shares it)Net profit also maintain a higher level of growth，Up 42.36% year-on-year。

　　点评：在今年宏观经济复杂严峻和同业竞争激烈的形势下，银行业盈利高增长主要得益于业务规模增长和资产盈利能力提高，比如在研判今年市场利率下行走势后，兴业加大高收益的非信贷资产配置力度，加强贷款定价管理，实现经济效益继续同比较快增长。

Comment on：This year in macroeconomic complex severe and trade competitive situation，Banking profits high growth thanks mainly to the scale of business growth and profitability improve asset，For example to analyze market interest rates in this year after descending trend，The increase of the high yield of credit asset allocation strength，Strengthen the loan pricing management，To realize the economic benefits to continue up fast growth。

　　平安集团建立创新投资基金

Peace group establish innovative investment fund

　　7月27日，平安正式对外宣布，以集团自有资金成立初期规模为10亿元的创新投资基金(Corporate Venture Capital)，投资包括金融科技、消费、医疗健康、汽车、新媒体五大领域的早期创新企业。

July 27,，A formal peace announced，With their own funds group was an scale is 1 billion yuan of innovation investment fund(Corporate Venture Capital)，Investment including financial and technology、consumption、Medical health、car、New media five areas of early innovation enterprise。

　　点评：去年保险资金投资收益率只有3.6%，今年上半年保险资金权益类投资还出现了亏损。在这种情况下，为保险资金寻找到新的投资出路，参股VC、PE是其重要途径之一。

Comment on：Last year only 3.6% return on investment of insurance funds，In the first half of this year the insurance fund equity investments also appeared the losses。In this case，To search for new investment of insurance funds to the way out，Equity VC、PE is one of the important ways。