DZ20211231

*Key points

Financials

*600599 and 600272 to disclose 2021 annual reports on Jan 28th, first batch in Shanghai Stock Exchange.

*Yi Huiman, head of CSRC said to promote market stable operation using multiple measures with wide volatility to be prevented and restricted measures will be issued under prudent consideration to avoid group fallacies.

 

Industrial Economy

*The SASAC issued opinions in promoting high-quality development of central enterprises for carbon peak and neutral which said to achieve progress in optimization of energy structure by 2025 with energy consumption per 10k capacity down 15% vs 2020 and installment of renewable energy power equip over 50%.

*Zou Lan, head of PBoC financial market dept encourages financial instutitons to assist M&A projects of inter-real estate market with supporting financing environment created.

*Sun Guofeng, head of PBoC monetary policy dept said the first batch of carbon reduction supporting tool of cny 85.5bn has been issued.

*PBoC Shanghai headquarter said to steadily promote digital RMB in trial in 2022.

 

Co Focus

*Andon Health (002432 CH) revised record saying it holds 70.46% (80% before revision) stake of iHealth, the channel for sale in the U.S. market.

 

Dec 30th Block Trade

*Block Trade Info

*Discount

- Zhonghang Electronic (300114 CH) saw 1 block trade worth 78mn at 17.1 yuan per share, 2.51pct premium from last closing.

- Gigadevice Semiconductor (603986 CH) saw 4 block trade worth 109mn at 169.41yuan per share, 4pct discount from last closing.

- Kingsemi (688037 CH) saw 1 block trade worth 32mn at 169.52yuan per share, -1.5 pct discount from last closing.

- Wingtech Tech (600745 CH) saw 3 block trade worth 68mn at 129.53yuan per share, 1.8pct discount from last closing.

 

Premium

- ZTE (000063 CH) saw 1 block trade worth 5.7mn at 35.6 yuan per share, 7.94pct premium from last closing.

 

*Margin Trade

*Connection Trade

Southbound trading was suspended on Dec 30th

 

*Index Futures

 

*Index Options

 

*Treasury Futures

 

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

 

Commodities (night session):

* February NYMEX crude oil contract down 0.13% to closed at $76.46/b, March Brent contract down 0.25% to closed at $79.01/b, INE crude oil active contract up 1.25% to closed at 500.5 yuan/b.

* COMEX gold active contract closed at $1815.5/oz (up 0.54%), SHFE gold active contract closed at 373.8 yuan/gram (up 0.82%).

* Metals performed mixed. LME aluminum rose 0.16%, copper down 0.7%. SHFE aluminum up 0.89%, copper up 0.46%, bonded copper up 0.35%. The production cut of San Ciprian triggered by surging power cost pushed up aluminum price.

* Commodity futures saw diverge performance. Energy & chemistry sector performed mixed, ethenylbenzene rose 1.72%, EG went up 1.52%, PTA up 1.41%, glass declined 1.6%. Black series mostly went down, hot-rolled coil down 1.05%, thermal coal down 0.88%, coking coal up 0.43%. Agriculture commodity futures performed mixed, cotton rose 1.23%, No.2 Soybeans down 0.97%.

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