DZ20220413

 

*Key points

Financials

*Premier Li Keqiang emphasized during investigation in Jiangxi province that 1) measure of poverty alleviation to be accelerated with reform and opening-up promoted in coping with uncertainties; 2) Issuance of special bonds will speed up with effective investment to expand and employment to be driven up; 3) Supply of agriculture products to be ensured with stable price and subsidy will be given at appropriate time; 4) Progress of tax refund to speed up; 5) smooth logistics to be ensured.

*National development Bank has issued emergent loan of cny 4.4bn since end-March in supporting local pandemic control and social development.

*A batch of billions scale private funds are under negotiation with custodian institutions to cut alert level and stop-loss level of partial products after rapid retreatment in Q1.

 

Industrial Economy

*Mandatory national standard of e-cigarettes has been approved by State Administration for Market Regulation, to take effect from Oct 1st 2022.

 

Co Focus

*BOE suggests price of panels has touched the bottom and to be stabilized and lifted after economy recover in the long term, Securities Journal reported.

*Passing licenses have been issued by Ningde MIIT to CATL to ensure its normal operation and time efficiency at each high-speedway gates.

 

Apr 12end Block Trade

*Block Trade Info

*Discount

- Jolly Pharmaceutical (300181 CH) saw 1 block trade worth 133mn at 11.12 yuan per share, 3.89pct discount from last closing.

- Zijin Bank (601860 CH) saw 5 block trades worth 19mn at 3.08 yuan per share, 8.49pct discount from last closing.

- Zijin Mining（601899 CH）saw 21 block trades worth 298mn at 10.34yuan per share, 1.52pct discount from last closing.

- Eazytec Co (688258 CH) saw 6 block trades worth 67mn at 37.61 yuan per share, 4.5pct discount from last closing.

- Chongqing Dpet store (600729 CH) saw 22 block trades worth 195mn at 24 yuan per share, 7.59pct discount from last closing.

- Central China Securities (601375 CH) saw 8 block trades worth 94mn at 4.62yuan per share, 10.48 discount from last closing.

- BOC International (601696 CH) saw 25 block trades worth 600mn at 11.4 yuan per share, 7.81 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):

* Market has digested the news of the release of strategic oil reserve by US and other countries, the deadlock of Ukraine-Russia negotiation has stimulated oil price. Global crude oil price rose collectively. May NYMEX crude oil contract up 7.1%to closed at $100.98/b, June Brent contract up 6.54% to closed at $104.92/b. INE crude oil active contract rose 5.36% to 650.5 yuan/b.

* COMEX gold active contract rose 1.13% to closed at $1970.3/oz, up for 4-consecutive days and hit 1-month high. SHFE gold active contract closed at 403.38 yuan/gram (up 0.5%).

* Metals mostly closed up. LME aluminum up 0.8%, copper up 1%. SHFE aluminum up 1.05%, copper up 0.79%, bonded copper up 0.90%.

* Commodity futures mostly closed up, Energy & chemistry futures saw strong performance, fuel oil rose 6.24%, bitumen rose 4.52%, LPG rose 3.67%. Black series mostly went up, iron ore rose 3.01%, coke up 2.26%, whereas thermal coal down 0.25%. Agriculture futures performed mixed, RBD palm olein up 2.06%, rapeseed meal fell 0.81%.
 

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