DZ20220223

 

*Key points

 

Policy

*The 2022 Document No.1 of the Central Government was issued in promoting revitalization of rural areas in 2022 which pointed to stabilize sown area and capacity of grain above 0.65tn kg. Supporting policy to stabilize hog production to be issued, red line of 1.8bn mu farmland to be guarded, action plan in revitalization of seeding industry to be carried out and infrastructure, digital rural construction to be promoted.

 

Industrial Economy

*PCAC issued notice to optimize service of code payment with individual code for business newly set up and the use of code to resume after March 1st for Alipay and WeChat Pay.

*NDRC held 2nd meeting in Feb to stabilize coal price with market trading of coal to be standardized and coal price to be under control for declining demand.

*Supervisory department is working on categorized reform of trust business with three new categories to be formed up as asset management, asset service and charity.

*National food and reserve bureau said to release partial central reserved edible oil in market with soybean auction to be launched and market supply of previous two products increased.

 

Co Focus

*Longi further adjusted up price of monocrystalline wafer by 0.3-0.35yuan per slice vs price offered on Jan 16th, up 5.7-6.1% and send price of battery slice up 0.05yuan per W, Securities Journal reported.

 

*Block Trade Info

*Discount

- CNSIG Chemical (600328 CH) saw 5 block trade worth 20mn at 15.52 yuan per share, 8pct discount from last closing.

- Zhewen Pictures (601599 CH) saw 1 block trade worth 18mn at 3.3yuan per share, 5.71pct discount from last closing.

- Eternal Asia Supply (002183 CH) saw 1 block trade worth 24mn at 5.41yuan per share, 1.99 discount from last closing.

- Xinxing Ductile (000778 CH) saw 2 block trade worth 16mn at 5.16yuan per share, 2.46pct discount from last closing.

- Lucky Harvest（002965 CH) saw 1 block trade worth 30mn at 24.16yuan per share, 110.52pct discount from last closing.

- Starry Pharmaceutical (603520 CH) saw 1 block trade worth 50mn at 50.6yuan per share, 2.5pct discount from last closing.

- Sansure Biotech (688289 CH) saw 1 block trade worth 96mn at 43.63yuan per share, 12.37pct discount from last closing.

Premium

- Ping An Insurance (601318 CH) saw 1 block trade worth 17mn at 59.57 yuan per share, 12.25pct 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 rose collectively. April NYMEX crude oil contract up 1.55% to closed at $91.61/b, May Brent contract up 1.26% to closed at $96.59/b. INE crude oil active contract up 0.51% to closed at 588 yuan/b.

* COMEX gold active contract closed at $1900.3/oz (up 0.03%), SHFE gold active contract closed at 388.9 yuan/gram (down 0.07%).

* Metals mostly closed up. LME aluminum up 0.72%, nickel up 0.56%, copper down 0.14%. SHFE aluminum down 0.11%, copper up 0.03%, bonded copper down 0.02%.

* Commodity futures performed mixed, Energy & chemistry futures saw diverge performance, LPG rose 1.86%, soda ash fell 1.62%. Black series mostly closed down, iron ore declined 2.69%, coking coal rose 0.72%, coke up 0.88%. Agriculture futures performed mixed, RBD palm olein rose 0.73%, soybean oil fell 1.68%.

 

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