DZ20220106

 

*Key points

Financials

*Premier Li Keqiang said to carry on work of 6 stabilities and 6 securities with greater combined fee and tax reduction to be implemented on market entities to ensure stable opening of Q1 economy.

*10 public funds commented on A-shr market corrections that expectation of market liquidity has changed with structure shifted from high valuation to low and “stable growth” to be the mainstream in the short term.

 

Local News

*Shanghai local government held quarterly work meeting on Jan 5th which pointed out to build up 3+6 new type industrial system in foundation of manufacturing for the real economy with integrated development of manufacturing and service industries promoted.

 

Co Focus

*People in charge in Sokon SERES responded on suspension of order acceptance by Huawei selected SF5 that no production suspension and order will be accepted after requirement of core component purchase been satisfied.

*Distributor fellowship of moutai-flavor liquor 2021 was held and Ding Xiongjun, president of Moutai made speech saying moutai-flavor series try for double operation income over cny 24bn by end of the 14th 5-year period, accounting for over 10% of group income and become major growth contribution.

 

*Block Trade Info

*Discount

- Zhenhua Sci & Tech (000733 CH) saw 1 block trade worth 16mn at 114.54yuan per share, 0.00pct premium from last closing.

- Yunda Holding (002120 CH) saw 5 block trade worth 20mn at 19.79yuan per share, 6.87pct discount from last closing.

- Yango Group (000671 CH) saw 2 block trade worth 12mn at 3.07yuan per share, 1.6pct discount from last closing.

- Salt Lake (000792 CH) saw 4 block trade worth 200mn at 33.18yuan per share, 0.45pct discount from last closing.

- Bestore Co (603719 CH) saw 4 block trade worth 33mn at 40.08yuan per share, 7.33 pct discount from last closing.

- Everbright Securities (601788 CH) saw 4 block trade worth 63mn at 14.1yuan per share, 5.56pct discount from last closing.

 

Premium

- Contemporary Amperex (300750 CH) saw 2 block trade worth 93mn at 551.82yuan per share, 0.75pct premium from last closing.

*Margin Trade

*Connection Trade

*Index Futures

*Index Options

*Treasury Futures

*Night Session Commodities Market (As of 02:30 am)

* Global oil prices mostly went up with February contract of WTI rose by 0.26%, quoted at $77.19/barrel, and the March contract of Brent up by 0.23%, closed at $80.18/barrel. According to EIA, commercial crude oil inventory excluding strategic reserves decreased by 2.144 million barrels, declined 0.5%.

* COMEX gold closed down with 0.22% decline at $1810.6 per ounce, and COMEX silver shifted 1.02% as well to $22.82 per ounce. As of January 5, the gold position of SPDR Gold Trust dropped to 979.99 tons, fell by 0.03%.

* For the night session on January 5, commodity market closed mixed with black series leading the upside, iron ore continued to rise by 2.9%, coke and steel rebar both closed up with 2.64% and 1.09% respectively. Chemical and energy sector closed mixed as well for glass went up by 1.57%, PTA shifted 0.54% higher while PVC closed down with 1.06% decrease. In terms of agriculture, palm oil quoted 0.68% higher, while rapeseed meal down by 1.07%.

* LME metals mostly closed down with LME copper fell by 0.78% to $9,692/ton, LME zinc down by 0.92% to $3,571/ton, LME nickel went down by 2.09% to $20,695 ton, while LME aluminum rose by 2.57% to $2,912/ton, LME tin shifted 0.31% higher to $39,315/ ton, and LME lead closed down with 0.48% decline at $2,287/ton.

 

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