DZ20240325

 

Industrial Economy

*Premier Li Qiang presided over the State Council executive meeting, which studied and coordinated the construction of financing credit service platforms, emphasized to improve the convenience level of financing for small and medium-sized enterprises. Further promote the effective implementation of urban real estate financing coordination mechanisms, stimulate potential demand, increase high-quality housing supply, and promote stable and healthy development of the real estate market.

*Shanghai multiple departments jointly issued the “Implementation Plan for the High-Quality Development of Intelligent Computing Infrastructure 2024-2025”, which pointed out that by 2025, the scale of intelligent computing power in this city will exceed 30EFlops, accounting for more than 50% of the total computing power.

*Cyberspace administration of China issued the “Regulations on Promoting and standardizing Cross-border Flow of Data”, which pointed out to promote and standardize the cross-border flow of data, establish a negative list system for free trade pilot zones, and will be implemented from the date of publication.

*The State Administration for Financial Regulation publicly solicited opinions on the “Management Measures for Data Security of Banking and Insurance Institutions”.

*The first domestic large model of multi-modal finance with hundreds of billions of parameters “Caiyue F1 large financial model” was officially released at the 2024 Global Developer Pioneer Conference on March 24th.

 

March 22 Block Trade Info

*Discount

- Foxconn (601138 CH) saw 4 block trades worth 309.09mn at 23.24yuan per share, 4.87pct discount from last closing.

- Offcn Education (002607 CH) saw 1 block trades worth 72.00mn at 3.00yuan per share, 6.54pct discount from last closing.

 

*Flat

- Moutai (600519 CH) saw 2 block trades worth 52.74mn at 1701.35yuan per share, flat from last closing.

- Wanda Film (002739 CH) saw 1 block trades worth 177.80mn at 16.10yuan 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 prices slipped slightly. May NYMEX crude oil contract down 0.31% to closed at $80.82/b, June Brent contract down 0.29% to closed at $84.99/b, while INE crude oil active contract up 0.27% to 629.3 yuan/b.

* Precious metals mostly closed down. COMEX gold active contract down 0.83% and closed at $2166.5/oz. SHFE gold active contract up 0.55% and closed at 514.58 yuan/gram.

* Metals closed down mostly, LME tin down 0.53 %, LME copper down 1.16%, LME zinc up 1.16%. LME nickel down 2.23%, LME lead down 0.66%.

* Commodity futures closed mixed for chemicals suffered the most, glass declined by 2.52%, TSR 20 and natural rubber down by 1.65% and 1.46% respectively. While black series mostly closed up with iron ore up by 1.37%, both coking coal and coke rose more than 1%. Agricultural products closed down with rapeseed meal and soybean meal dropped by 3.5% and 2.69% respectively.

 

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