DZ20220208

 

*Key points

 

Industrial Economy

*Administrative method of housings with common property right in trial has been issued by Ningbo, to take effect from Feb 26th and qualified housings will be open for sale at market price to curb speculative house purchasing. Housing transfer will be allowed after 10 years of right certificate.

*Ministry of Transportation held leadership conference and emphasized to ensure transportation of major materials like coal, natural gas and food in recent days.

 

Financials

*Margin balance in A-shr market declined cny 91.77bn in Jan and the monthly reduction hit new high since Feb 2016, as data shown by Wind.

 

Co Focus

*Tianqi Lithium (002466 CH) responded to the rumors saying delayed launch of Kwinana project in Australia that project is under normal operation in trial and no delay was suggested by the latest investor communication meeting held. As for lithium mine in Chile, company has acquired local resource quota by Dec 31st 2030 with contract signed and no actual progress on nationalization of mines.

*2021 Ranking of world power battery installment has been released by SNE Research and CATL rank the top for 5 consecutive years with market share of 32.6%.

 

Feb 7th Block Trade

*Block Trade Info

*Discount

- Zijin Mining (601899 CH) saw 2 block trade worth 11mn at 10.16 yuan per share, 0.88pct discount from last closing.

- BOC International (601696 CH) saw 3 block trade worth 28mn at 11.1yuan per share, 8.04pct discount from last closing.

- Advanced Micro-Fabrication (688012 CH) saw 1 block trade worth 48mn at 120.03yuan per share, 0.00 discount from last closing.

- Changchuan Tech (300604 CH) saw 3 block trade worth 28mn at 43.91 yuan per share, 0.41pct discount from last closing.

- Seamild Foods Co (002956 CH) saw 3 block trade worth 8mn at 14.12yuan per share, 11.14pct discount from last closing.

- Bank Of Ningbo (002142 CH) saw 1 block trade worth 17mn at 39.09yuan per share, 4.43pct discount from last closing.

- Pharmaron (300759 CH) saw 1 block trade worth 85mn at 120.57yuan per share, 0.5pct discount from last closing.

 

Premium

- Triangle Defense (300405 CH) saw 3 block trade worth 44mn at 43.37yuan per share, 1.36pct premium 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 price declined collectively. March NYMEX crude oil contract down 0.74% to closed at $91.63/b, April Brent contract down 0.35% to closed at $92.94/b. INE crude oil active contract down 1.83% to closed at 556.5 yuan/b.

*Gold price recorded the highest gain over past 3 weeks amid rising inflation. COMEX gold active contract closed at $1821.2/oz (up 0.74%), SHFE gold active contract closed at 374.72 yuan/gram (up 0.62%).

* Metals mostly closed up. LME aluminum rose 1.95%, copper up 0.09%, tin down 0.14%. SHFE aluminum up 0.25%, copper up 0.82%, bonded copper up 0.95%.

* Commodity futures mostly closed up, Energy & chemistry futures performed mixed, LPG rose 2.82%, natural rubber up 1.45%, whereas fuel oil declined 1.85%. Black series rose collectively, thermal coal rose 8.66%, coking coal rose 5.9%. Agriculture futures saw diverge performance, soybean meal rose 2.86%, rapeseed oil declined 1.64%.

 

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