上海千花贵族宝贝

　　Zhongxin. com, July 1 ST, a number of tax reduction and fee reduction policies have been implemented, auto dealers are not allowed to increase the price of cars, and the acceptance of ID cards in different places has been fully implemented … … A number of new regulations will be implemented today, which will soon affect all aspects of people’s lives.

　　A number of tax reduction and fee reduction policies will be implemented today.

　　According to the decision of the the State Council executive meeting, a number of tax reduction and fee reduction policies will be implemented today. In terms of tax reduction, the value-added tax rate was reduced from four to three, and the 13% tax rate band was abolished, forming a three-band structure of 17%, 11% and 6%. The pilot policy of pre-tax deduction of personal income tax for commercial health insurance will be extended to the whole country, and the expenses of individuals purchasing qualified commercial health insurance products are allowed to be deducted before tax according to the maximum annual limit of 2,400 yuan.

　　In terms of fee reduction, we will further clean up and standardize the deposit in the field of engineering construction, clean up and standardize the government’s non-tax revenue surcharge in the field of energy, temporarily exempt the two supervision fees of banking and insurance, and reduce the radio frequency occupation fee.

　　Simplify the handling of tax administrative licensing matters

　　The Announcement on Simplifying the Procedures for Handling Tax Administrative Licensing Matters will come into effect today. The "Announcement" clarifies five measures to degenerate and optimize the procedures for handling tax administrative licensing matters, including simplifying the acceptance of documents, providing agency forwarding services, simplifying application materials, realizing the appointment of consulting services, and improving the delivery methods of documents.

　　81 airports opened the "military priority according to law" channel.

　　The Civil Aviation Administration and the Logistics Support Department of the Central Military Commission jointly issued a notice to open the "military priority according to law" channel at 81 civil aviation airports nationwide from now on, and encouraged other airports to open as appropriate according to their own conditions, so as to provide thoughtful and efficient services for military personnel in check-in, security inspection and boarding.

　　All coal mine safety production work in China will implement the new standards.

　　The State Administration of Work Safety and other departments jointly issued the Notice on Vigorously Promoting the Standardization of Coal Mine Safety Production. The "Notice" puts forward a number of requirements, including organizing new standards publicity training, creating an incentive mechanism for standardization work, and coordinating and promoting standardization construction.

　　Full implementation of ID card acceptance in different places.

　　From now on, the Ministry of Public Security has fully implemented the "three systems" of accepting resident identity cards in different places, reporting the loss and claiming them for loss. The Ministry of Public Security pointed out that public security organs should issue resident identity cards within 60 days from the date when citizens submit the Registration Form for Acceptance of Resident Identity Cards in Different Places. In areas with inconvenient transportation, the processing time may be appropriately extended, but the extension time shall not exceed 30 days; Where conditions permit, the period of making and issuing certificates can be shortened according to the actual situation.

　　Handling ordinary passports and underpaying 40 yuan.

　　The National Development and Reform Commission and the Ministry of Finance issued a notice to reduce some administrative fees, which is expected to reduce the burden on enterprises and society by 2.6 billion yuan. The "Notice" stipulates that starting from today, the fees for citizens’ entry and exit documents, the cost of motor vehicle driving license, the cost of temporary entry motor vehicle number plate and driving license, the compensation fee for soil and water conservation, the actual (trial) inspection fee for pesticides, and the protection fee for integrated circuit layout design will be reduced. According to relevant standards, ordinary passports are reduced from 200 yuan to 160 yuan.

　　Since July, the new regulations on automobile sales have been implemented, and it is clear that dealers are not allowed to sell cars at a higher price. The picture shows the data map. Photo by Zhang Yun, a reporter from China News Service

　　Car dealers are not allowed to sell cars at a higher price.

　　The Measures for the Administration of Automobile Sales promulgated by the Ministry of Commerce will be implemented today. The measures have made clear provisions and requirements for increasing the price of automobile sales, providing three-guarantee certificates, and indicating the source of accessories. It stipulates that dealers are prohibited from raising the price of cars in all forms, and dealers must clearly indicate the prices of cars and accessories, and must attach certificates with the car when picking up the car.

　　According to the "Measures", it is no longer necessary for automobile brands to authorize the sale of automobiles, and two modes of authorized sales and unauthorized sales are allowed to be parallel, and new automobile sales forms such as automobile supermarkets, automobile stores and automobile e-commerce will blossom.

　　Travel tax increases

　　The tax ceiling for various types of vehicles has generally increased since today. The annual tax standard for large buses will be adjusted from 480 yuan to 660 yuan, for medium buses from 420 yuan to 660 yuan, for small buses from 360 yuan to 660 yuan, and for ordinary cars from 180 yuan to 360 yuan. At the same time, the tax targets have also been adjusted, and all kinds of buses that were originally tax-free will also pay taxes at the same standard as private cars.

　　Strengthen the "seller’s responsibility" for securities operating institutions

　　The Measures for the Administration of the Suitability of Securities and Futures Investors will be implemented from now on. The core requirement of the Measures is to strengthen the requirement of "the seller is responsible" for securities, funds and futures operating institutions, so that the operating institutions must bear the obligations stipulated by law while obtaining operating income, ensure the equality and unity of rights and obligations, effectively prevent one-sided pursuit of economic interests, and promote high-risk securities and futures products to investors with insufficient risk tolerance, resulting in damage and influence on the legitimate rights and interests of investors.

　　Increase penalties for illegal acts of traditional Chinese medicine.

　　The "People’s Republic of China (PRC) Chinese Medicine Law" has been implemented today, with five highlights: (1) the important position and development policy of Chinese medicine are clarified; Establish a management system that conforms to the characteristics of traditional Chinese medicine; Increase support for the cause of Chinese medicine; Adhere to both support and standardization, and strengthen the supervision of Chinese medicine; Increase penalties for illegal acts of traditional Chinese medicine.

　　50,000 domestic cash transactions need to be reported.

　　The Measures for the Administration of Reports on Large-value Transactions and Suspicious Transactions of Financial Institutions issued by the Central Bank will be implemented today. The Administrative Measures adjusted the RMB reporting standard for large cash transactions from "200,000 yuan" to "50,000 yuan", and the reporting standard for large cross-border transactions denominated in RMB was "200,000 yuan", and for the first time, non-bank payment institutions were included in the scope of responsibility.

　　New invoice regulations: only the name of the enterprise can be filled in for office invoicing, and it cannot be reimbursed.

　　According to the announcement of State Taxation Administration of The People’s Republic of China, starting from today, the purchaser must provide the corporate taxpayer identification number (i.e. "tax number") or the unified social credit code when issuing corporate invoices, otherwise it will not be used as a tax voucher to handle tax-related business. The announcement also requires that when the seller issues an invoice, it should truthfully issue an invoice that is consistent with the actual business; When the buyer obtains the invoice, it shall not request to change the name and amount.

　　Mobile phone pre-installed software must be uninstalled.

　　The Interim Provisions on the Administration of Preset and Distribution of Application Software for Mobile Intelligent Terminals will be implemented today. According to the regulations, production enterprises should restrict the sales channels, and should not install application software in mobile intelligent terminals without the consent of users, and all software except basic functions can be uninstalled. The application software of mobile intelligent terminal involved in charging shall strictly abide by the relevant provisions such as clearly marked price, express the charging standard and charging method, and express that the content is true, accurate and eye-catching, and the fee can be deducted only after being confirmed by the user.

　　Encourage and support the provision of disability prevention and rehabilitation services for the disabled.

　　The Regulations on Disability Prevention and Rehabilitation of Disabled Persons will come into effect today. The regulations clearly stipulate that the state shall take measures to provide basic rehabilitation services for the disabled and support and help them integrate into society; Prohibition of discrimination on the basis of disability; The state encourages and supports organizations and individuals to provide disability prevention and rehabilitation services for the disabled, donate to the cause of disability prevention and rehabilitation for the disabled, and build relevant public welfare facilities; The provision of rehabilitation services for the disabled shall protect the privacy of the disabled and shall not discriminate against or insult them.

　　The lifelong responsibility system is implemented for soil pollution control and remediation.

　　The Measures for the Management of Soil Environment in Polluted Plots (Trial) will be implemented today. The method points out that according to the principle of "whoever pollutes will treat it", the unit or individual that caused soil pollution should bear the main responsibility for treatment and restoration. In principle, the treatment and restoration project should be carried out at the original site. During the treatment and restoration, measures should be taken to prevent secondary pollution to the plot and its surrounding environment. The lifelong responsibility system is implemented for soil pollution control and remediation.

Photo courtesy of Xuchang Pangdonglai Xuchang Wenlv

　　editorial comment/note

　　Zibo kebabs, Harbin ice and snow tour, Gansu Tianshui Mala Tang, Henan Xuchang Pangdonglai supermarket tour … The hot spots of cultural tourism in every city are constantly refreshing the cognition of people in the industry.

　　Brand building of urban cultural tourism is an important way to enhance the image and competitiveness of the city. In the context of the continuous warming of cultural tourism, some typical cases have caught the "sky-splashing wealth" with their unique cultural charm, innovative marketing strategies and high-quality service experience, and promoted the urban cultural tourism to explode.

　　From now on, the top news Henan Business Daily and the hometown Henan New Media Matrix will launch a series of observations, analyzing the "explosion" samples emerging in urban cultural tourism, and providing path reference for the construction and development of urban cultural tourism brands.

　　Top News Henan Business Daily reporter Wang Yingying

　　"The last time Xuchang was so hot, it may be traced back to Cao Cao’s capital here 1800 years ago."

　　"Its disadvantage is that my city doesn’t have it!"

　　In Xuchang, "Fat Donglai" is called "6A Scenic Area" by netizens without off-season. As a result, a new profession, Fat Dong came to study as a tour guide, was born here.

　　Why is it that when other city tour groups take "pure play without shopping" as the propaganda language, Xuchang can make a business supermarket become a drainage artifact of urban cultural tourism, realizing the two-way flow of cultural tourists and stimulating consumption?

　　Tourist attractions move towards urban cultural tourism and from cultural tourism to shopping malls.

　　"Dear tourists, welcome to Xuchang, our Xuchang is a city with culture, history and temperature!" Wei Qiong, a research guide, dressed in a straight suit and with a cordial smile on his face, tells the history, culture and business story of Xuchang while leading tourists through the floors from Fat East.

　　With the explosion of the Fat East, the "Fat East" tourist line was opened in many places across the country. In the past, when you traveled with a tour group and the tour guide took you to Shangchao, you would complain about the "compulsory consumption" of the tour guide. In Xuchang, not only a new profession like Shangchao research tour guide was born, but Shangchao research tour has also become a popular punching place.

　　According to the statistics released by Xuchang, Henan Province, during the Spring Festival holiday, three merchants from Pangdonglai, located in Xuchang City, received 1,163,300 tourists in three days, surpassing the scenic spot with the number one tourist reception in Henan.

　　In Xuchang, "Fat Donglai" is called "6A Scenic Area" by netizens without off-season. Why can a supermarket become a city’s cultural tourism punching place?

　　Sun Zhen, executive director of the Cultural Tourism Branch of China Planning Institute, believes that whether it is a "supermarket tour" from Pangdong or a Fujian tourist god who was very popular at the beginning of the year, it can be seen that cultural tourism consumption is moving from tourist attractions to urban cultural tourism, from cultural tourism to shopping malls and others. The popularity of supermarket tours in Fat Donglai is a typical example of "tourist attractions moving towards urban cultural tours and from cultural tours to shopping malls".

　　What is hot is not tourism, but new experiences.

　　"At the moment, when we are thinking about how to break through the city’s cultural tourism, we should be good at finding the best entrance for tourists to experience the city’s cultural life in the most comfortable angle." The relevant person in charge of the new cultural travel era said.

　　In 2023, Henan Cultural Tourism and Creative Development Conference proposed to enrich the business experience, vigorously develop new cultural tourism, and promote high-quality economic and social development with new cultural tourism.

　　In recent years, all parts of Henan have actively explored the ways of "subversive creativity, immersive experience, young consumption, mobile communication" and other urban cultural tourism. By optimizing the supply of cultural tourism products, they have created a new scene of cultural tourism consumption, allowing tourists to wander in history and culture and satisfy their beautiful yearning for "poetry and distance".

　　In recent years, Xuchang City has been continuously digging deep into the cultural resources of the Three Kingdoms to make the history and culture "alive". At the same time, it has combined the resources of the Three Kingdoms culture, Cao Wei culture and other resources to explore and create a number of new formats, new scenes and new models such as "Shang Chao+Wen Lv" and "Shang Chao+Yan Xue".

　　In addition to "Fat East", when searching for Xuchang’s travel strategy on the online platform, topics such as "Xuchang hairpin flowers", "Night tour of Caowei ancient city", "Xuchang’s water bus" and "Xuchang’s happiness is not limited to Fat East" have attracted widespread attention. "After visiting the Fat East, visit the ancient city of Cao Wei, experience a hairpin makeup and take a night tour by water bus" has become the choice of many tourists.

　　The ubiquitous warmth and culture are the biggest attractions for tourists.

　　How can urban cultural tourism find the "explosion" in the city and build it into a written tourism brand IP?

　　Sun Zhen believes that from the perspective of communication methods, we are in the era of new media, Z era and cultural self-confidence. From the perspective of the cultural tourism industry, there are still problems such as the sameness and homogenization of cultural tourism projects in the industry. The proportion of tourist attractions in the cultural tourism industry is getting smaller and smaller, and there are more and more new projects and new experiences coming across the border.

　　From the popularity of the "supermarket tour" in Fat Donglai, it is not difficult to see that young people are more willing to pay for the emotional resonance and thinking recognition behind it. It is true that the ubiquitous warmth and culture is the biggest attraction for tourists.

　　In recent years, more and more commercial spaces have become tourist punch points and even scenic spots in online celebrity. These places will no longer only meet the needs of "leisure shopping" as a whole, but will move towards urban tourism benchmark destinations integrating "culture, experience and commerce". Sun Zhen believes that both the upgrading of scenic spots and cross-border projects are driven by scenes, and the creation of urban cultural tourism brands should break the inherent thinking and create new cultural tourism scenes through immersion, experience, simplification, warmth and theme.

Seven medical staff on duty are eating "imprint" New Year’s Eve correspondent Yan Lingling for the picture.

Blessing cake sent by enthusiastic friends

　　On New Year’s Eve, family reunion, having a reunion dinner, saying goodbye to the old year and welcoming the new year are the customs written into China people’s genes.

　　However, on this special New Year’s Eve, about 80,000 medical staff in Wuhan are still sticking to their posts, leaving behind the figure of "the most beautiful retrograde". Encourage each other to welcome the new year with patients with new pneumonia, and send the fruit cake that was sent by enthusiastic friends to the family online for the New Year … … Give up reunion with relatives, only because of a common desire — —

　　Stick to the battlefield and give more people the strength to overcome the epidemic.

　　"I hope to win this war as soon as possible!"

　　Medical staff of Jinyintan Hospital spend New Year’s Eve with patients.

　　On New Year’s Eve, Changjiang Daily reporter made layers of protection and entered the isolation ward of Jinyintan Hospital in Wuhan, and visited doctors, nurses and patients with new pneumonia on the spot for New Year’s Eve.

　　At 11: 30, nurse Yang Anli came to the front door of the new pneumonia isolation ward with Spring Festival couplets and lanterns, put the couplets on the door and hung the red lanterns. Yang Anli is a provincial model worker. In 2003, she went to Beijing to fight SARS on behalf of Jinyintan Hospital.

　　There are more than 30 patients with new pneumonia diagnosed in the South Third District, and the hospital has prepared an apple for each of them. After the protection, nurse Le Yanling made a victory gesture to the reporter, carried the apples into the ward, and distributed the apples to the patients one by one.

　　At 1 o’clock in the afternoon, the reporter came to Nansi District. Four nurses put on protective clothing and sent the hot jiaozi to the ward, giving each patient a copy.

　　The reporter learned that Jinyintan Hospital is the earliest "four centralized" hospital in our city to deal with the new pneumonia epidemic. The hospital went to work as usual during the Spring Festival. In the first line of the decisive battle against the epidemic, more than 460 medical staff were on duty every day.

　　(Changjiang Daily reporter Ke Aesthetics correspondent Li Jie Liu Lu)

　　Dr. Han Yuan missed the group year video.

　　Cake fruit sent from all over the country is "New Year’s Eve".

　　"Professor Wang, come and have dinner!" At 5: 20 pm on January 24th, Professor Bing Wang, who rushed to Wuhan from Jingzhou Central Hospital, returned to the department. Cakes and fruits sent from all over the country became his "New Year’s Eve" this year.

　　On the morning of 24th, Bing Wang got into intense work, and got off work at 12 noon. In the afternoon, he voluntarily gave up his rest for fear of the unstable condition of his seven patients, and missed the "video" of his family reunion in Jingzhou.

　　"In the year of the 3 o’clock group at home, I didn’t receive a video call, and my family sent me a picture." Bing Wang said that his family’s annual meal was very rich, but his annual meal was not bad, which was very special.

　　"How about cakes, fruits and dumplings? Not bad!" Bing Wang pointed to boxes of food on the table and said that these were sent by enthusiastic friends from all over the country. The first time I spent the New Year alone in a foreign country, I ate such an annual meal for the first time, but I was able to reunite with the medical staff who fought side by side. Bing Wang felt very warm. "I will finish my work later and video with my family."

　　(Changjiang Daily reporter Yang Wei)

　　The "video dinner" family of three told each other to be 9 years old and asked their parents to pay attention to safety.

　　"Mom, I’m eating New Year’s Eve." "Eating New Year’s Eve, did you say a blessing to your grandparents?" … … At 6: 50 pm on January 24th, Yang Qian returned home after a day’s frontline battle against new pneumonia, and she and her husband Liu Xinghua got through a video call with her son who was in Huangzhou for the New Year.

　　Liu Xinghua is a radiologist in Wuhan No.1 Hospital, who is responsible for taking CT images of patients. Yang Qian is a radiologist, who is responsible for registering patients at the window. He needs to contact a large number of patients with fever every day. Because my grandparents in Huangzhou always talk about their grandchildren on the phone, the couple sent their children to Huangzhou as soon as the winter vacation was over on January 6.

　　"I didn’t expect that after returning to Han, the number of fever patients increased day by day. We were often busy late at night to go home, and sometimes it took several days to call our son." Liu Xinghua said that his son pays attention to the news of new pneumonia on TV every day and reminds them to pay attention to safety every time he calls.

　　(Changjiang Daily reporter Liu Xuan correspondent Yu Wei)

　　Take off the protective mask from the intensive care unit and eat the "imprint" reunion dinner.

　　On January 24th, at 12: 20, the first wave of "reunion dinner" was served at a small table outside the intensive care unit (NCU) of the First Hospital of Wuhan. Seven medical staff on duty just took off their protective masks, leaving a deep impression on their faces. The annual dinner on the table is a box lunch provided by the hospital, with a banana and a box of yogurt for each person.

　　At this time, 15 critically ill patients were admitted to NCU, including one suspected new pneumonia patient who received isolation treatment. On the same day, there were 15 medical staff, including Shan Ping, director of the ward, and Sun Chun, head nurse. In the afternoon, the medical staff transferred the suspected patients with new pneumonia to the designated hospital for treatment.

　　(Changjiang Daily reporter Liu Xuan correspondent Yan Lingling)

　　The nurse fought for more than 20 days and didn’t go home. The family had a new year’s meal across the screen.

　　On New Year’s Eve, Feng Qiong, the head nurse of the first ward of the Department of Respiratory and Critical Care Medicine of Wuhan Sixth Hospital, who has been stationed in the hospital for more than 20 days and has not returned home, still sticks to the front line. "Don’t worry about family matters, it’s all up to me!" At 7 o’clock in the evening, Feng Qiong, who had just finished her work, ate the New Year’s Eve dinner sent by her husband, while taking advantage of this rare gap, she connected with her relatives at home by video phone, and a family of four had a different kind of annual meal through their mobile phones. Feng Qiong, who has been engaged in nursing for 25 years, has successfully completed the medical treatment of flood fighting in 1998, SARS in 2003 and Wenchuan earthquake in 2008. This time, in the fight against the new type of pneumonia, she is still in the forefront, leading a group of "white warriors" in the department to the front line.

　　(Changjiang Daily reporter Liu Xuan correspondent Luo Yao)

On the morning of January 29th, local time, a serious accident happened on Temploux E42 highway in Belgium, involving two heavy trucks and three cars. Five people were injured and one died in the accident. After the pileup, one of the trucks rolled over and caught fire. Another car was stuck under the truck and the driver was killed. Firefighters have rushed to the scene. (CCTV News)

　　Beijing, July 22nd (Reporter Qiu Yu), the client of Zhongxin. com, lasted only 259 days! Since its establishment was announced on November 5, 2018, the first batch of 25 companies in science and technology innovation board were listed on July 22, 2019, that is, science and technology innovation board shares can be officially traded.

　　Science and technology innovation board’s stock trading rules are quite different from the current A-share rules. Since there is no limit on the price increase and decrease in the first five trading days, how the intraday stock price will fluctuate has attracted much attention. So, how do individual investors participate in science and technology innovation board? What problems should we pay attention to?

　　How do individual investors participate?

　　If individual investors want to participate in science and technology innovation board stock exchange, there is a certain threshold, and they need to meet the following conditions:

　　The daily average assets in the securities account and capital account in the 20 trading days before the opening of the application authority are not less than RMB 500,000 (excluding the funds and securities that the investor has integrated through margin financing and securities lending); Participated in securities trading for more than 24 months.

　　In other words, you must have not only two years of experience in securities trading, but also at least 500,000 yuan in your account. The relevant person in charge of the Shanghai Stock Exchange said at the end of June that there are about 3.2 million investors who meet the requirements of appropriateness.

　　It doesn’t matter if the above conditions are not met. According to the Shanghai Stock Exchange, small and medium-sized investors who don’t meet the requirements of investor suitability can participate in science and technology innovation board through products such as Public Offering of Fund.

　　At present, Bosera Fund, Yin Hua Fund, Dacheng Fund, China Europe Fund, Caitong Fund, CICC Fund and other fund companies have launched science and technology innovation board-related theme funds.

　　How do individuals participate in innovation?

　　Playing new means that investors use funds to participate in the subscription of new shares. If they win the lottery, they will buy the shares that will be listed soon, mainly through online and offline channels.

　　Since the offline subscription object does not include individual investors, for ordinary individual investors, they can only participate in innovation through online subscription.

　　If you want to purchase online, the first step is to open the science and technology innovation board trading authority, that is, to meet the above conditions.

　　The second step is to meet the requirement of holding market value, that is, the total market value of the unrestricted A-share shares and unrestricted depositary receipts held by individual investors participating in the subscription of new shares in science and technology innovation board is more than 10,000 yuan (including 10,000 yuan).

　　For example, if you have bought more than 10,000 yuan of Shanghai Pudong Development Bank (stock code: 600000.SH) shares in your stock account, and meet the above conditions for participating in science and technology innovation board, you can participate in the IPO in science and technology innovation board. Because the stock codes 601 and 600 start with the Shanghai Stock Exchange. The stock at the beginning of 000 is the main board stock of Shenzhen Stock Exchange; 002 starts with small and medium-sized stocks of Shenzhen Stock Exchange, and 300 starts with GEM stocks of Shenzhen Stock Exchange.

　　In addition, there is another way to invest in bank wealth management and fund participation in innovation. For example, at present, Bank of China, China Merchants Bank, Postal Savings Bank and other banks have launched science and technology innovation board-themed bank wealth management products, mainly by investing in innovative funds to indirectly participate in innovation in science and technology innovation board.

　　Are new shares "bought as earned"?

　　Many people think that buying new shares means earning, just like winning the lottery. The data shows that the number of investors participating in online innovation has exceeded 3.1 million. This means that almost all individual investors who have opened the trading authority in science and technology innovation board have participated in the innovation.

　　In fact, science and technology innovation board’s new shares are not cheap.

　　Price-earnings ratio (PE) is the ratio of stock price divided by earnings per share, and it is one of the most commonly used indicators to evaluate whether the stock price level is reasonable. Generally speaking, the higher the P/E ratio, the more overvalued the stock is.

　　The upper limit of 23 times P/E ratio has been cancelled in the issue price of science and technology innovation board shares, so the average P/E ratio obviously exceeds the overall level of A shares.

　　According to the statistics of Pacific Securities Research Report, the P/E ratio of 25 companies is between 18.86 and 170.75 times, with an average of 49.16 times and a median of 42.14 times.

　　Among them, the highest P/E ratio is Zhongwei Company, 170.75 times; The lowest is China’s through number, 18.8 times. The P/E ratios of China Tonghao, Wald, Tianyi Shangjia and Aerospace Hongtu are lower than the industry level, and the remaining 21 companies are all higher than the industry valuation.

　　Judging from the issue price, according to Wind data, the average issue price of the first batch of 25 new shares listed in science and technology innovation board is 29.20 yuan/share. As of July 15th, of the 87 A-share new shares issued this year, only 21 were issued at a price exceeding 29.20 yuan/share.

　　In addition, in terms of winning rate, the average winning rate of the first batch of 25 science and technology innovation board new shares is nearly 0.06%, which is higher than the overall level of A shares.

　　What problems should we pay attention to in trading?

　　Science and technology innovation board’s trading rules are different from the current rules of A shares.

　　First, the price rises and falls. There is no price limit in the first five trading days after the listing of science and technology innovation board stock, and a 20% price limit is set from the sixth trading day.

　　In the first five trading days, science and technology innovation board also set up a temporary suspension system. When the intraday share price rises or falls by 30% or 60% compared with the opening price for the first time, it will be suspended once respectively.

　　In this regard, some market analysts have warned that if there is no price increase or decrease, it is very likely that investors will be "hung at high altitude" after buying; The price limit of 20% is twice as large as the current limit of 10% A shares, and the trading risk is higher.

　　Secondly, the number of single declared shares in science and technology innovation board is different from the current 100 shares in A shares, and its starting number is 200 shares. Moreover, as long as each declaration exceeds 200 shares, it can be increased by 1 share, for example, 201 shares and 202 shares can be purchased.

　　Finally, it should be noted that science and technology innovation board has not introduced the T+0 trading system, but still adopts T+1. T+1 means that stocks bought on the same day cannot be sold on the same day, and cannot be sold until the next trading day.

　　The relevant person in charge of the China Securities Regulatory Commission said earlier that at this stage, China’s capital market is still immature, the proportion of small and medium-sized retail investors in the investor structure is relatively large, the characteristics of the unilateral market have not fundamentally changed, and the market monitoring means are still insufficient. Starting from maintaining the stable operation of the market and protecting the interests of small and medium-sized investors, science and technology innovation board has not introduced T+0 trading system yet.

　　What is the impact on the trend of A-share main board?

　　Essence Securities pointed out that assuming that the turnover rate of most companies in science and technology innovation board reached 89% on the first day of trading, it is estimated that the turnover of science and technology innovation board on the first day will be about 31.394 billion yuan (assuming that the average transaction price exceeds the issue price by 35%), then science and technology innovation board will account for about 6.56% of the total turnover of the two cities, with little liquidity impact.

　　Huatai Securities analyzed that science and technology innovation board’s influence on the liquidity of the A-share main board mainly has two aspects, namely, the bottom warehouse drainage effect and the diversion effect.

　　On the one hand, science and technology innovation board’s increase in stock supply has created a certain diversion pressure on the trading volume of the existing A-share sector, which is in the two stages of issuance and listing; On the other hand, participating in the subscription of science and technology innovation board new shares requires the market value of A-share bottom positions, which is expected to increase the allocation funds of existing sectors.

　　Regarding the "diversion pressure on the existing A-share sector", GF Securities believes that the diversion effect brought by science and technology innovation board is limited and controllable due to the comprehensive mechanism and volume factors.

　　From the mechanism point of view, the Growth Enterprise Market (GEM) adopted the new subscription of new shares in advance, and the first batch of frozen subscription funds reached one trillion yuan, while science and technology innovation board only adopted the market value placement method, which greatly weakened the diversion effect; In terms of volume, the financing scale of science and technology innovation board is expected to be 80 billion to 90 billion yuan in 2019, and the overall pace is controllable.

　　Li Chao, vice chairman of the China Securities Regulatory Commission, said earlier that science and technology innovation board has strict corresponding standards and procedures, which does not mean that anyone who wants to go public can go public. At the same time, science and technology innovation board pays attention to the market mechanism, which includes market constraints. As long as all parties in the market, including intermediaries, issuers, investors, and regulatory authorities, return to their posts and do their duty, I believe there will be no flooding in science and technology innovation board. (End)

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Decorative tools and the controls you need

• The cosmetic options are simply amazing, including smoothing skin, reducing shine, removing blemishes, facial carving and whitening eyes and teeth.

• Automatically find each face in the photo, analyze it, and add appropriate embellishments according to your preferences.

No longer need lengthy editing sessions.

• Let AI work for you by batch processing the entire photo folder. For each photo, portrait AI will find each face and automatically add the right amount of modification. It is very suitable for proofreading photos before delivery.

Adjust everyone individually.

• Each face in the photo has independent control and adjustment. For example, you can use different settings for the bride and groom in wedding photos.

Your editing is nondestructive.

• All your adjustments and edits are non-destructive. You can edit them again later, and the original photos will not be changed.

How to edit

• Everything is automatic, but you can also control it completely manually. You can manually adjust the position of your eyes and mouth, draw to refine the skin mask, and use a brush to remove stubborn flaws.

Improve facial shape and lighting

• By adding fill light to illuminate the face or reshape the face to narrow the chin line or balance the eye size, the common mistakes in lens selection and lighting can be corrected.

Using the power of frequency separation

• Skin modification uses frequency separation to maintain natural skin texture, while reducing the color and tone changes of the whole skin. It creates flawless but natural-looking skin.

Easily remove flaws

• Small flaws can be automatically reduced, while larger flaws can be removed by using the built-in content-aware eraser and clone stamp.

Presets that suit your style

• Easily create your own preset to define your decoration style.

Zhongguancun Online Message: Lenovo Interpise Hu Xiaomi’s starting flagship chip is the second time.The first time is two years ago, Snapdragon 855, the responsible person of the Lenovo mobile phone business at that time was still the manner we are familiar with the shopkeeper.

After a year, Lenovo once again grab the first hair of the Snapdragon High-end flagship chip and did the world’s first.Where is Xiaomi?The first Qualcomm flagship chip has suddenly collapsed for many years?

In addition to the high-end flagship chip, the second flagship dragon 870 is also losing from Xiaomikou.This makes us have to doubt, is Xiaomi can’t work?The first shot becomes the first batch. It may be better twice. If it is a regular loss, there is really a problem.