转融资业务试点上周正式启动

Turn the financing business pilot launched last week

　　中国证券金融股份有限公司于8月30日正式启动转融通业务试点，先行办理转融资业务。海通证券(600837,股吧)、申银万国等11家证券公司将作为首批借入人。这11家证券公司为海通证券、申银万国、华泰证券(601688,股吧)、国泰君安、银河证券、招商证券(600999,股吧)、广发证券(000776,股吧)、光大证券(601788,股吧)、中信证券(600030,股吧)、中信建投、国信证券。他们将向中国证券金融公司融入资金，为融资融券业务提供新的资金来源，满足证券投资领域的资金需求。当日，11家证券公司进行22笔转融资融入申报，期限全部为28天期，共计成交55亿元。

The China securities finance co., LTD. In August 30, formally initiated to refinance business pilot，First to deal with turn financing business。Haitong securities(600837,guba)、All the nations, etc ShenYin 11 securities companies will be the first borrowed man。The 11 stock company for haitong securities、ShenYin all the nations、Huatai securities(601688,guba)、Guotai junan、Galaxy securities、China merchants securities(600999,guba)、Wide hair negotiable securities(000776,guba)、Everbright securities(601788,guba)、Citic securities(600030,guba)、Citic built cast、Securities held。They will be to the China securities finance companies into the capital，For margin business provides new source of capital，Meet in the field of securities investment fund demand。On that day，11 stock company and pen turn financing into the declaration，Time limit for all 28 day period，A total of 5.5 billion yuan to clinch a deal。

　　点评：转融通业务正式开闸，融资融券业务将受益于转常规的内生增长和转融通双重推动，逐步成为券商未来的支柱业务。未来三年融资融券业务收入近400亿元，收入贡献占比16%。

Comment on：Turn accommodation business formally breaking，Margin business will benefit from turned conventional endogenous growth and refinancing double push，Gradually become the pillar of the securities business in the future。The next three years margin business income is 40 billion yuan RMB，Revenues accounted for more than 16%。

　　上市公司上半年净利同比下降

In the first half of the listed company net profit year-on-year decline

　　截至8月31日，沪深两市2012年半年报披露结束。2455家上市公司上半年共录得净利约1.02万亿元，同比下降1.54%。这些公司上半年营业收入合计11.67万亿元，同比增长6.69%。1207家公司上半年业绩报喜，占比49.16%；1248家公司业绩报忧，占比50.84%。

As of August 31,，Shanghai and shenzhen two city in 2012 annual report disclosure half over。In the first half of 2455 listed companies were recorded to net profit of about 1.02 trillion yuan，1.54% year-on-year drop。These companies in the first half operating income amounted to RMB 11.67 trillion in total，Year-on-year growth of 6.69%。In the first half of 1207 companies performance report good news，Accounted for more than 49.16%；1248 bad performance of the company，Accounted for more than 50.84%。

　　从行业来看，银行业上半年共录得净利润5452.29亿元，占据半壁江山；能源、资本货物、食品饮料与烟草行业上半年实现净利润总额较多。

From the industry to see，In the first half of the banking industry were recorded to net income 545.229 billion yuan，Occupied by heavily-accented；energy、Capital goods、Food and drink and tobacco industry in the first half of the total net profit of more。

　　点评：将上半年年报的净利润增长率与前几年同期相比，投资者不仅能找到市场下跌的原因，还能明白为何现在的利好信心基本上对股市无效。

Comment on：In the first half net profit growth of the annual report will be compared with a few years ago，Investors can not only find the cause of the market fall，Still can understand why now the good faith to the stock market basically ineffective。

　　“华夏龙网”正式推出

“Registered Chinese”Officially launched

　　8月28日，华夏银行电子银行品牌——“华夏龙网”宣告正式推出。“华夏龙网”是华夏银行(600015,股吧)集十二年电子银行发展之所成，整合旗下各电子银行产品和服务倾力打造的电子银行整体服务品牌，包括服务于公司客户的“现金新干线”和服务于个人客户的“财富新e站”两个子品牌，共包含13项产品。据了解，华夏银行凭借“电商快线”的优势功能，以及创新的“资金三方存管”业务，为各类要素市场、产权交易所、大宗商品交易市场、招投标中心、公共资源交易中心等20多个行业领域提供了专业的金融服务，截止到2012年6月，华夏银行“电商快线”已对接了上百家核心企业，为全国上万名客户提供了支付结算及资金存管服务。

On August 28,，Huaxia bank electronic bank brand --“Registered Chinese”Declared officially launched。“Registered Chinese”Huaxia bank is(600015,guba)Set twelve years of electronic banking development into，Integration of its various electronic banking products and services lean strength to make electronic bank overall service brand，Including service to customer“Cash Shinkansen”And in the service of the individual customer“Wealth new e station”Two son brand，Contains a total of 13 item。It is understood，Huaxia bank with“Electric business fast line”Advantage function，And innovation“Capital tripartite save tube”business，For all kinds of factor market、Property rights exchange、Commodity trading market、Bidding center、Public resource transaction center, more than 20 industry provides professional financial services，By the end of June 2012，Huaxia bank“Electric business fast line”Already butt the hundreds of core enterprise，For the thousands of customers with a payment and settlement, and money on deposit tube service。

　　点评：一个人、一家企业有多个银行账户，管理甚是不便，“华夏龙网”的跨行化资金管理很方便。

Comment on：A man、A enterprise have more than one bank account，Management is very inconvenient，“Registered Chinese”Change the inter-bank money management is very convenient。

　　光大与银联签署移动支付合作协议

Everbright and unionpay cooperation agreement signed mobile payment

　　日前，中国银联与光大银行(601818,股吧)签署移动支付战略合作协议，约定在产品和服务研发、市场推广、风险监控等方面开展全面合作。光大银行的客户不仅将可以通过手机，享受银行卡账户管理、理财投资等手机银行服务，还可以进行公共事业缴费、信用卡还款、余额查询、在线购物等各类远程支付，以及在商场、餐馆、超市、便利店、自动售货机等场所即触即刷、快捷支付。作为移动金融的拳头产品，光大手机银行不仅覆盖中高端智能手机，并推出iPhone、iPad、Android版本，还提供各类远程支付以及营业网点、ATM、特惠商户查询等多项服务，而且首创手机号码转账功能和“理财夜市”服务。

a，China unionpay and everbright bank(601818,guba)Mobile payment signed strategic cooperation agreement，Agreed in the product and service development、marketing、Risk monitoring, etc to carry out all-round cooperation。Everbright bank customers will not only can through the phone，Enjoy the bank card account management、Financial investment and mobile phone banking services，Also can undertake public capture to expend、Credit card payments、Balance inquires、Online shopping and other kinds of remote pay，In business and、restaurant、supermarket、Convenience store、The vending machine and other places that touch namely brush、Quick pay。As mobile financial fist products，Everbright mobile phone bank not only cover high-end intelligent mobile phone，And introduction of iPhone、iPad、Android version，Also provide all kinds of remote pay and business outlets、ATM、Preferential merchant query and many other services，And the transfer function and cell phone number“Financial night market”service。

　　点评：通过手机就能进入“理财夜市”抢购理财产品，光大紧跟客户需求，推出创新服务，值得赞扬。

Comment on：Through the mobile phone can enter“Financial night market”Buying financial products，Everbright follow the customer demand，Launch innovative service，Deserves praise。

　　上半年18家银行收托管费23.83亿

In the first half of the 18 Banks accept trustee fee 2.383 billion

　　从已公布半年报且有管理费数据的970只基金情况看，由于股市低迷、偏股基金规模萎缩，其支付给18家银行的托管费为23.83亿元，较去年同期下降10.28%。不过部分后起之秀托管费却逆势增长，增幅最大的为邮政储蓄银行，同比增幅达到441.22%。由于上半年A股市场疲弱，偏股基金规模萎缩，18家托管银行中有半数今年上半年基金托管费出现下降，以广发银行的降幅最高，达到了41.23%，从236.95万元下降到139.26万元。事实上，受损的不仅仅是广发银行，基金托管巨头建设银行(601939,股吧)和工商银行(601398,股吧)上半年托管费用同比降幅均超过10%，其中建设银行降幅达到15.19%。而兴业银行(601166,股吧)、农业银行(601288,股吧)和光大银行降幅也在10%以上。

From the published half annals and charge data of 970 fund case，Due to the stock market downturn、Partial shares fund scale atrophy，Its pay and Banks trustee fee is 2.383 billion yuan，Compared to the same period last year dropped 10.28%。But part of the rising star trustee fee but contrarian growth，The biggest increase for postal savings bank，The year-on-year growth rate reached 441.22%。In the first half due to the weak a-share market，Partial shares fund scale atrophy，18 custody bank half in the first half of this year the fund custodian fee decline，The highest drop in guangdong development bank，Reached 41.23%，From 2.3695 million yuan ($) to 1.3926 million yuan。In fact，Damage is not only the guangdong development bank，Fund custody giant construction bank(601939,guba)Industry and commerce bank(601398,guba)In the first half year-on-year custody fee did fall by more than 10%，The construction bank fell to 15.19%。And societe generale(601166,guba)、Agricultural bank(601288,guba)And everbright bank also drop in more than 10%。

　　点评：在基金业食物链中，银行业才是处在金字塔的顶端。虽然也受低迷股市影响，但是受影响程度不仅小于投资者而且小于基金公司。

Comment on：In the funds in the food chain，Banking is at the top of the pyramid。Although the stock market influence by the downturn，But the influence not only less than investors and less than the fund company。