DZ20230721

 

Xi’s emphasis

*Chairman Xi Jinping presided over the second meeting of the Central Financial and Economic Commission, whom pointed out to strengthen farmland protection and comprehensive transformation and utilization of saline-alkali land.

 

International Relationship

*Chairman Xi Jinping met former US secretary of state Kissinger at the Diaoyutai State Guest House on July 20th.

*MoC: Willing to actively develop bilateral economic and trade cooperation with Ukraine for mutual benefit, promote the healthy and sustainable development of economic and trade relations between the two countries.

Policy

*MIIT: Continue to optimize the development environment to create a market-oriented, rule-of-law-based and internationalized business environment for small and medium-sized enterprises, study and formulate several measures to promote the high-quality development of specialized and special new small and medium-sized enterprises, and carry out financing promotion actions for small and medium-sized enterprises with relevant departments.

 

Industrial Economy

*MIIT and other five departments jointly organized the collection of virtual reality pioneer application cases for 2023, the solicitation directions including industrial production, cultural tourism and integrated media.

*NDRC will hold a press conference on July 21st to promote the consumption of automobiles and electronic products.

*The National Energy Administration organized a meeting to promote the exploration and development of oil and gas in 2023, which pointed out to focus on key projects to ensure the completion of the annual task of increasing oil and gas production and ensuring supply, speed up the integration of oil and gas exploration and development with new energy and actively and steadily promote the green, low-carbon transformation of the oil and gas industry.

*The Ministry of Agriculture and Rural Affairs held a symposium on animal husbandry enterprises in Chongqing which pointed out that live pig breeding should be moderately and reasonably reduced to capacity.

 

Financials

*NDRC: "Opinions on Promoting the Development and Growth of the Private Economy" has specifically put forward targeted measures to continuously optimize the development environment of the private economy, it will continue to carry out policy measures for unified market and fair competition and launch a new negative list of market access. Two relevant supporting policy documents will be launched in the near future.

 

July 20 Block Trade Info

*Discount

- Opple Lighting (603515 CH) saw 1 block trades worth 154.79mn at 18.74yuan per share, 10.76pct discount from last closing.

- Greate Century (300083 CH) saw 1 block trades worth 212.16mn at 6.63yuan per share, 1.92pct discount from last closing.

- Roshow Tech (002617 CH) saw 1 block trades worth 131.15mn at 6.82yuan per share, 8.58pct discount from last closing.

- Risesun Real Estate (002146 CH) saw 1 block trades worth 124.47mn at 1.76yuan per share, 18.52pct discount from last closing.

 

*Flat

- Minsheng Banking (600016 CH) saw 2 block trades worth 127.08mn at 3.91yuan per share, flat 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 price closed up mostly. September NYMEX crude oil contract up 0.54% to closed at $75.70/b, September Brent contract up 0.25% to closed at $79.66/b. INE crude oil active contract down 0.99% to 582.8 yuan/b.

* Precious metals saw weak performance. COMEX gold contract down 0.44% to closed at $1972.1/oz. SHFE gold active contract down 0.69% and closed at 459.46 yuan/gram.

* Metals closed up collectively, LME tin up 2.08%, LME nickel up 1.98%, LME lead up 1.49%. SHFE nickel up 0.92%, SHFE tin up 0.77%, SHFE lead up 0.44%.

* Commodity futures closed down mostly. Chemistry and energy products saw weak performance, glass down 2.03%, methanol down 1.64%, soda ash up 1.9%. Black series closed mixed. Agricultural products closed down mostly, rapeseed meal down 2.54%, soybean meal down 1.07%, No.2 soybeans down nearly 1%.

 

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