DZ20220127

 

*Key points

 

International Relationship

*Premier Li Keqiang said during virtual conference with prime minister of the Netherlands that China insists on policy of opening-up with fair treatment on enterprises registered in China.

 

Industrial Economy

*CPCAAUTO: retail sales of passenger vehicles during Jan 17th to 23rd of 600k units, up 28% y/y, 13% m/m and 36% vs last week.

*Zhong Ou AMC and Ge Lan, a well-known fund manager announced to purchase cny 52mio in total on two sub-owned medical fund products and to hold over 3 years.

*Cyberspace Administration of China and 9 other departments jointly issued work plan 2022-2025 on digital development in rural regions with initial effect to be achieved on smart agricultural construction by 2025 and qualified rural e-commerce brands to be cultivated.

*MIIT and CBIRC carry out the pilot work of the insurance compensation mechanism for the first batch of key new materials in 2021 which applicable on 13 key industrial chains including industrial machine tools, 5G info tech, bio-pharm and NEV, etc.

*High quality development plan of bio-pharm industry in Shanghai Pudong new district 2022-2024 was issued which aims to realize industrial scale of bio-pharm over cny 400bn, manufacturing capacity over cny 100bn and operation income of high-tech service over cny 50bn in 3 years.

 

*Block Trade Info

 

*Discount

- Zhonghua Geotechnical (002542 CH) saw 1 block trade worth 21mn at 2.68 yuan per share, 2.19pct discount from last closing.

- Sinostar Cable (300933 CH) saw 1 block trade worth 17mn at 8.88yuan per share, 17.93pct discount from last closing.

- Great Wall Securities (002939 CH) saw 2 block trade worth 12mn at 12.09 yuan per share, 2.26pct discount from last closing.

- Yuanlong Yato (002878 CH) saw 3 block trade worth 43mn at 17.45yuan per share, 1.49/22.77 discount from last closing.

- Shinry Tech (300745 CH) saw 2 block trade worth 20mn at 56.12/44 yuan per share, 13.99pct discount from last closing.

- Shouhang High-Tech(002665 CH) saw 3 block trade worth 126mn at 3.62yuan per share, 1.9pct discount from last closing.

-Sansure Biotech (688289 CH) saw 4 block trade worth 15mn at 47.08 yuan per share, 11.12pct discount from last closing.

-Asymchem Laboratories (002821 CH) saw 1 block trade worth 29mn at 315yuan per share, 5.56pct 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 March contract of WTI rose by 1.81%, quoted at $87.15/barrel, the new high since 2004, and the March contract of Brent up by 1.51%, closed at $88.5/barrel. According to the statement of IEA last week, the demand expectations were raised as the oil supply is tighter than previously expected, and a series of supply disruptions has led to further inventory reduction.

* COMEX gold futures closed lower to $1,818.8 per ounce with a 1.82% decline, COMEX silver futures dropped 1.43% to $23.555 per ounce. Comparing to previous trading day, the gold holding position of SPDR came to 1014.26 tons, increased by 0.11%.

* For the night session on January 26, commodity market mostly closed up with chemical and energy sector leading the upside, EG rose the most with 4.17% increase, PTA and EB both closed more than 3% higher. Likewise, black series mostly closed up including thermal coal shifted 3.33% higher, coking coal and thermal coal rose went upward by 2.6% and 1.05% respectively. In terms of agricultural products, rapeseed meal quoted approximately 4% higher, palm oil went upward by 2.76%, while No.1 soybean down by 0.63%.

* LME metals mostly closed up with LME copper rose by 1.07% to $9,905.5/ton, LME zinc up by 1.41% to $3,623/ton, LME nickel went up by 1.92% to $22,770 ton, LME aluminum up by 0.26% to $3,100/ton, LME tin shifted 2.25% higher to $42,300/ ton, while LME lead closed down with 0.28% decline at $2,328/ton.

 

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