DZ20230110

 

Financials

*MoF and State Administration of Taxation issued notice to exempt value added tax on small-scale tax value-added payers with monthly sales below CNY 100k from Jan 1st 2023 to Dec 31st 2023.

*Shenzhen local financial supervisory administration issued opinions of accelerated construction of global wealth management center which aimed to realize total wealth management scale over cny 30tn in bank, securities, fund and trusts related sectors by 2025.

*PBoC Shanghai headquarter held 2023 work conference which required to 1) support stable real economy with robust monetary policy to be executed and to maintain abundant liquidity; 2) promote high-level financial reform and opening-up; 3) consolidate financial safety defense line with alert system to be improved; 4) optimize financial service management and promote fee cut and profit-giving of payment service.

 

Industrial Economy

*U.S. is under discussion with Japan, Netherlands and South Korea in constraints of semiconductor exports to China with agreements required for all parties, said by RahmEmanue, U.S. Ambassador based in Japan during interview.

 

Co Focus

*Berkshire Hathaway sold 1.058mio BYD H-shares on Jan 3rd with shareholding declined to 13.97% and in total 60mio shares been reduced with no reasons disclosed.

*Transimage Tech (002866 CH) suggests sodium battery will be launched into production in 1H 2023 and estimated product delivery around 2GWh-3GWh. Co expects to realize 92% excellent rate and 95% efficiency, though volatility remains.

 

*Jan 9th Block Trade

*Block Trade Info

*Discount

- Unigroup Guoxin Microelectronics Co. (002049 CH）saw 9 block trades worth 255mn at 124.15 yuan per share, 1.39 discount from last closing.

- China Tianying Inc.(000035 CH) saw 2 block trades worth 27mn at 5.1 yuan per share, 5.03 discount from last closing.

- Offcn Education Tech Co.(002607 CH) saw 2 block trades worth 541mn at 4.39 yuan per share, 10.41 discount from last closing.

- Zhenhua E-Chem Inc. (688707 CH) saw 3 block trades worth 30mn at 45.93 yuan per share, 0.99 discount from last closing.

- Yuhuan Cnc Machine Tool Co. (002903 CH) saw 3 block trades worth 6mn at 18.66 yuan per share, 7.99 discount from last closing.

- Yiheda Auto Co. (301029 CH) saw 2 block trades worth 34mn at 67.33 yuan per share, 1.51 discount from last closing.

- Yowant Tech Co.(002291 CH) saw 5 block trades worth 33mn at 13.13 yuan per share, 11.52 discount from last closing.

- Guobang Pharma Ltd.(605507 CH) saw 4 block trades worth 16mn at 24.66 yuan per share, 11.26 discount from last closing.

 

*Margin Trade

 

*Connection Trade

 

*Index Futures

 

*Index Options

 

*Treasury Futures

 

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

 

Commodities (night session):

* Global crude oil closed up mostly. February NYMEX contract up 1.49% to closed at $74.87/b, March Brent contract up 1.5% to closed at $79.75/b. INE crude oil active contract down 0.28% to closed at 526.4 yuan/b.

* Precious metals closed up collectively. COMEX gold contract up 0.35% to closed at $1876.3/oz. SHFE gold active contract up 0.11% to closed at 412.74 yuan/gram.

* Metals closed up mostly. LME aluminum up 5.55%, LME zinc up 4.65%, LME copper up 2.43%, LME tin up 2.1%, LME nickel down 2.67% on the contrast. SHFE zinc up 2.17%, bonded copper up 1.91%, SHFE copper up 1.77%, SHFE aluminum up 1.67%, SHFE nickel down 2.24% on the contrast.

* Commodity futures closed mixed. Energy & chemistry futures saw mixed performance, LPG up 2.62%, EB up 1.81%, bleached softwood kraft pulp down 1.59%. Black series closed mixed. Agricultural products closed down mostly, corn starch down 1.18%, soybean meal down 1%, rapeseed meal down 0.98%, No.2 soybeans down 0.91%.

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