DZ20220209

 

*Key points

 

Financials

*Sun Tianqi, senior officer of PBoC suggested in article written that financial licenses have national boundaries and no nationwide business shall be carried out for institutions held regional licenses and license is required for product sales of private funds to specific objects.

*The State Council approved establishment of cross-border e-commerce experimental zones in 27 cities and regions in promoting high-quality development of commerce.

*PBoC and 3 other departments jointly issued development plan of standardized finance during the 14th FY which pointed out to enhance standard formulation and application of cloud computing, block chain, big data, AI and IoT to guide healthy development of Fitech with legitimate standard of digital currency to be promoted.

 

Industrial Economy

*Li Xiaopeng, head of Ministry of Transportation held meeting which emphasized to recognize the difficulties to expand efficient investment of transportation with multiple measures to be taken to ensure progress in stability.

*Shanghai set boundary line for property tax collection at 81.9k yuan per square meter, up 11.52% y/y.

 

Co Focus

*CATL clarified rumors saying it sought for consultation from U.S. institutions on possibility of U.S. sanction.

 

Feb 8th Block Trade

*Block Trade Info

*Discount

- Sinostar Cable(300933 CH) saw 1 block trade worth 16mn at 10.64 yuan per share, 2.03pct discount from last closing.

- BOC International (601696 CH) saw 3 block trade worth 31mn at 11.1yuan per share, 9.39pct discount from last closing.

- Emperor Tech (300546 CH) saw 1 block trade worth 17mn at 25.23yuan per share, 23.31 discount from last closing.

- Wujin Stainless (603878 CH) saw 1 block trade worth 21mn at 6.94 yuan per share, 1.56pct discount from last closing.

- Olive Sensors (300507 CH) saw 1 block trade worth 10mn at 9.8yuan per share, 0.00pct discount from last closing.

- Pang Da Auto (601258 CH) saw 1 block trade worth 46mn at 1.54yuan per share, 4.35pct discount from last closing.

- Pylon Tech (688063 CH) saw 1 block trade worth 95mn at 118.57yuan per share, 17.67pct discount 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 oil prices mostly closed down with March contract of WTI fell by 1.69%, quoted at $89.78/barrel, declining for two consecutive days, and the April contract of Brent slipped by 1.63%, closed at $91.18/barrel. As of February 4, the weekly EIA crude oil reserve dropped by 2.025 million barrels, estimated 0.675 million barrels.

* COMEX gold futures closed higher to $1,826.8 per ounce with a 0.27% increase, COMEX silver futures settle at $23.195 per ounce with 0.52% increase. Comparing to previous trading day, the gold holding position of SPDR was added 4.36 tons to 1015.96 tons.

* For the night session on February 8, commodity market closed mixed for chemical and energy sector leading the downside, EG dropped by 3.89%, glass and fuel oil both closed 2.66% and 2.65% lower respectively. While black series mostly went upward including thermal coal rose the most with 3.35% increase, coking coal and coke shifted up slightly close to 1%, while iron ore fell over 3%. In terms of agricultural products, palm oil leading the downside with more than 3% decline, and rapeseed oil shifted close to 3% lower.

* LME metals closed mixed with LME copper rose by 0.43% to $9,820/ton, while LME zinc down by 0.88% to $3,593/ton, LME nickel went down by 2.81% to $22,740 ton, LME aluminum up by 0.79% to $3,188/ton, LME tin shifted 0.1% lower to $42,900/ ton, and LME lead closed up with 0.61% increase at $2,209/ton.

 

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