DZ20230815

 

Policy

*The State Council and MoC recently issued the "Opinions on Further Optimizing the Foreign Investment Environment and Increasing Attracting Foreign Investment", which will coordinate foreign investment promotion resources to guide local governments to effectively and orderly carry out foreign investment promotion work. Further relax restrictions on foreign investors' strategic investment in listed companies.

 

Industrial Economy

*Ministry of Water Resources decided to launch a drought prevention level IV emergency response for four provinces (autonomous regions) including Inner Mongolia, Gansu, Qinghai and Ningxia. It is required to closely monitor the development trend of rain, water and drought situations, scientifically dispatch water conservancy projects and strengthen irrigation water management.

*MoC and other 9 departments jointly released a notice on the issuance of the "Three-Year Action Plan for County Business (2023-2025)", which proposed to build 500 county-level commercial "leading counties" by 2025, enhance the commercial radiation capacity of the county, strengthen the integration of rural logistics resources, support the digital transformation of small and medium-sized enterprises and continue to support NEV and green intelligent home appliances in rural areas.

*The Industry Department of the NDRC investigated the development of the industrial operating system industry in Nanjing on August 14th, which aimed to accelerate the construction of a modern industrial system and promote the development of intelligent manufacturing.

 

Co Focus

*Country Garden (02007 HK) proposed to extend the "16 Biyuan 05" of domestic bonds due on September 2nd for three years, and some holders are currently seeking opinions on the plan.

 

Aug 14 Block Trade Info

*Discount

- Iflytek (002230 CH) saw 11 block trades worth 235mn at 57.66/60.45yuan per share, 5.52/9.88pct discount from last closing.

- Yunnan Baiyao (000538 CH) saw 16 block trades worth 260.58mn at 52.22yuan per share, 3.56pct discount from last closing.

 

*Flat

- Zijin Mining (601899 CH) saw 1 block trades worth 309.39mn at 12.32yuan per share, flat from last closing.

- Moutai (600519 CH) saw 2 block trades worth 197.43mn at 1834.00yuan per share, flat from last closing.

- CATL (300750 CH) saw 3 block trades worth 187.25mn at 232.90yuan per share, flat from last closing.

 

*Margin Trade (SZ Margin Trade balance not released)

 

*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 down collectively. September NYMEX crude oil contract down 0.87% to closed at $82.47/b, October Brent contract down 0.73% to closed at $86.18/b. INE crude oil active contract down 0.12% to 656.8 yuan/b.

* Precious metals closed down collectively. COMEX gold contract down 0.39% to closed at $1939.1/oz. SHFE gold active contract down 0.04% and closed at 455.48 yuan/gram.

* Metals closed down collectively, LME tin down 4.92%, LME zinc down 1.94%, LME aluminum down 1.47%. SHFE tin down 2.81%, SHFE nickel down 0.82%, SHFE zinc down 0.68%.

* Commodity futures closed mixed. Chemistry and energy products performed mixed, soda ash down 1.69%, wood pulp down 1.15%. Black series closed mixed. Agricultural products closed mixed, soybean meal up 2.06%, rapeseed meal up 1.78%.

 

Download PDF

 

DISCLAIMER

The report is issued by Orient Securities Co. LTD (Orient Securities) and Shanghai Orient Futures Co. LTD (Orient Futures) to institutional investors. Opinions expressed may differ from those of other divisions of Orient Securities, including Orient Securities Research Institute. Orient Securities may trade as principal in instruments identified herein and may accumulate/have accumulated a long or short position in instruments or derivatives thereof. Orient Securities has policies designed to negate conflicts of interest. This e-mail is not an official confirmation of terms and unless stated, is not a recommendation, offer or solicitation to buy or sell. Any prices or quotations contained herein are indicative only. Communications may be monitored.