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International
– Iran emphasized that it will issue an “immediate and devastating response” to attacks on power plants and energy infrastructure.
– Israel disclosed that senior U.S. officials recently informed Israel and other countries that the U.S. “may have no choice” but to launch ground military operations against Iran’s Kharg Island.
Sectors
– Xi visited the Xiong’an New Area in Hebei Province to inspect the construction progress of the Startup Area. He also toured China Huaneng Group Co., Ltd. and the Xiong’an Campus of Beijing No.4 High School to learn about the construction and development of the Xiong’an New Area.
– China has adopted temporary control measures on refined oil prices, on the basis of maintaining the framework of the current pricing mechanism. According to calculations under the existing pricing mechanism, domestic gasoline and diesel prices (standard products) should be increased by 2,205 yuan and 2,120 yuan per ton respectively on March 23. After regulation, the actual increases will be 1,160 yuan and 1,115 yuan per ton.
Mar 23 Block Trade Info
*Discount
– Holitech Tech (002217 CH) saw 1 block trades worth 34.50mn at 2.30yuan per share, 8.73pct discount from last closing.
– Cecep Solar Energy (000591 CH) saw 1 block trades worth 23.62mn at 5.73yuan per share, 6.37pct discount from last closing.
– Zhiyuan New Energy Equip (300985 CH) saw 1 block trades worth 17.43mn at 17.43yuan per share, 19.60pct discount from last closing.
For more insights, please visit Orient Futures Singapore’s research platform,
Finoview.

