DZ20220118

 

*Key points

 

Financials

*President Xi emphasized the overall development trend of China economy is in positive momentum with tasks of high growth and low inflation realized. The upward fundamentals in strong resilience and potentials remain unchanged with confidence been held for the future.

*CSRC chaired 2022 system work conference which said to promote market entry of long-term capital and capital market reform in mainstream of stock issuance and registration system. Overseas listing of qualified enterprises is supported with measures in stabilizing growth and expectation to be issued.

*Premier Li Keqiang said to improve ability to resolve risk safety risk with safety supervision and law enforcement system to be optimized in all fields and sections.

 

Industrial Economy

*The price parity of pork and grains has entered into third alert range of excessive decline and pork price likely to extend trend of decline in the short term, according to NDRC.

*2022 world education work conference was held which pointed out to promote pre-school education and to develop professional education in adapt to new technology and industrial reform with industrial environment to be optimized.

*Shanghai to formulate action plan of terminal industrial development of smart IoV and to promote breakthrough at terminal ends like smart driving, internet connection and cockpit with commercial application to speed up and ecological exploration on smart public transportation and utilities to be carried out. Besides, legislation of no-safetyman driving in Pudong will be supported.

 

*Block Trade Info

 

*Discount

- Aidea Pharmaceutical (688488 CH) saw 3 block trade worth 21mn at 14yuan per share, 13.47pct premium from last closing.

- Anji Foodstuff (603696 CH) saw 1 block trade worth 32mn at 9 yuan per share, 9pct discount from last closing.

-Ankura Smart (300617 CH) saw 1 block trade worth 46mn at 59.02 yuan per share, 0.00pct discount from last closing.

- Autel Intelligent Tech (688208 CH) saw 4 block trade worth 41mn at 69.02yuan per share, 1.5pct discount from last closing.

- Oriental Jicheng Co (002819 CH) saw 3 block trade worth 43mn at 30.07yuan per share, 12.59pct discount from last closing.

- Agricultural Bank (601288 CH) saw 1 block trade worth 45mn at 2.7uan per share,8.47pct discount from last closing.

- Titan Scientific (688133 CH) saw 1 block trade worth 25mn at 146.24yuan per share, 17.75pct discount from last closing.

- Yunnan Baiyao (000538 CH) saw 3 block trade worth 76mn at 15.84 yuan per share, 0.00pct discount from last closing.

 

*Margin Trade

*Connection Trade

*Index Futures

*Index Options

*Treasury Futures

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

* Global oil prices mostly went up with February contract of WTI rose by 0.57%, quoted at $84.30/barrel, and the March contract of Brent up by 0.5%, closed at $86.49/barrel. According to the recent news, the UAE energy minister stated that discussions have been held with many countries that UAE will supply hydrocarbons to countries that are eager to obtain hydrogen fuel.

* COMEX gold futures closed higher at $1,818.9 per ounce, with 0.13% increase, and COMEX silver shifted 0.51% higher to $23.035 per ounce.

* For the night session on January 17, commodity market closed mixed with black series leading the downside, coke and steel rebar dropped by 1.56% and 0.59%, while coking coal and iron ore futures both closed higher with 0.35% and 1.51% respectively. Chemical and energy sector mostly closed down including EB and EG fell the most, both closed down more than 2% decrease, and methanol shifted 1% lower as well. In terms of agricultural products, palm oil went up by 1.94%, while rapeseed meal fell slightly with 0.42% decline.

* LME metals closed mixed with LME copper rose by 0.38% to $9,756.5/ton, LME zinc down by 0.26% to $3,512/ton, LME nickel went down by 0.27% to $22,135 ton, LME aluminum rose by 0.79% to $3,000/ton, LME tin shifted 2.48% lower to $41,350/ ton, while LME lead closed down with 0.11% decline at $2,353/ton.

 

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