DZ20220301

 

*Key points

Financials

*PBoC monetary policy department suggest carrying out flexible and moderate monetary policies based on situation change and requirement of economy high-quality development. Expansion of credit injection will be guided and comprehensive financing cost of firms to be ut with stable economic operation and inflation to be maintained.

*The Central Deepen Reform Committee pointed out to promote development of digital preferential finance, deepen financial structural reform at supply side, allocate more financial resource in key fields and penalize corruption in finance fields.

 

Industrial Economy

*Window guidance been carried out on partial fund companies by supervisory departments and application of pension funds with target investment horizon lower than 3 years to be suspended in violation of goal to invest in long term.

*China to start pork purchases for state reserves promptly given the pork grain ratio has down to the first alert range of excessive decline, according to NDRC.

*The development plan of renewable energy during the 14th FY in under formulation by the National Energy Administration which to promote base construction of major renewable energy and to support development of distributed new energy.

 

 

*Block Trade Info

 

- China Gold (600916 CH) saw 1 block trade worth 42mn at 13.85 yuan per share, 4.22pct discount from last closing.

- Gigadevice Semiconductor (603986 CH) saw 4 block trades worth 29mn at 147.18yuan per share, 4pct discount from last closing.

- iRay Tech (688301 CH) saw 7 block trades worth 50mn at 418.77yuan per share, 1.00 discount from last closing.

- Salt Lake (000792 CH) saw 4 block trades worth 127mn at 34.39yuan per share, 1.01pct discount from last closing.

- Tianfeng Securities（601162 CH) saw 18 block trades worth 227mn at 3.29yuan per share, 6.53pct discount from last closing.

 

- Xinje Electric (603416 CH) saw 3 block trades worth 17mn at 34.92yuan per share, 9.65pct discount from last closing.

- Ronbay New Energy (688005 CH) saw 1 block trade worth 60mn at 145.7yuan per share, 1.22pct discount from last closing.

- Addsino Co (000547 CH) saw 1 block trade worth 120mn at 13.6 yuan per share, 9.27pct 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 crude oil rose collectively. April NYMEX crude oil contract up 4.62% to closed at $95.82/b and accumulated a monthly gain of 8.7%, May Brent contract up 4.16% to closed at $98.12/b and accumulated a monthly gain of 9.93%. INE crude oil active contract up 3.22% to closed at 618.5 yuan/b.

* The rising risk averse sentiment boosted gold price. COMEX gold active contract closed at $1910.6/oz (up 1.22%) and accumulated a monthly gain of 6.36% for February, SHFE gold active contract closed at 387.6 yuan/gram (up 0.16%).

* Metals mostly closed up. LME aluminum up 1.12%, copper down 0.14%. SHFE aluminum down 0.22%, copper down 0.13%, bonded copper down 0.08%.

* Commodity futures performed mixed, Energy & chemistry futures performed weak, Ethenylbenzene fell 2.72%, soda ash declined 2.61%. Black series rose collectively, coking coal up 3.41%, coke up 3.22%. Agriculture futures mostly closed up, soybean oil rose 2.03%, RBD palm olein up 1.81%.

 

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