DZ20220422

 

*Key points

Financials

*CSRC held meeting with institutional investors and asked them to enhance investment ability, boost equity holdings with greater emphasis from strategic plan with long cycle assessment promoted to play the function as professional investors.

*Meeting for disposal of illegal fund raising was held which emphasized to rule out risk in order with focus on key fields like elderly care, investment and financing.

 

Industrial Economy

*China state energy firms in talks for Shell’s Russian LNG stake, Bloomberg reported.

*Ministry of Transportation said to enhance construction of emergency reserve capacity of highways with tasks to complete by end June 2025 as well as team building under smart and digitalized management.

 

Co Focus

*Longi (601012 CH) clarified rumors and suggested change of stake holdings by its president was non-traded ownership transfer within his family and is inline with regulations.

 

*Block Trade Info

*Discount

- Zheshang Bank (601916 CH) saw 1 block trade worth 34mn at 2.97 yuan per share, 8.05pct discount from last closing.

- CCS Supply Chain (600180 CH) saw 1 block trade worth 80mn at 9.00yuan per share, 1.64 discount from last closing.

- Macalline (601828 CH) saw 2 block trade worth 96mn at 6.54 yuan per share, -0.68 pct discount from last closing.

 

*Flat

- Zhongxing Shenyang (000715 CH) saw 1 block trade worth 29mn at 8.23 yuan per share, 0.00pct discount from last closing.

- Merchants Bank (600036 CH) saw 1 block trade worth 20mn at 41.28 yuan per share, 0.00pct discount from last closing.

- Saturday Co (002291 CH) saw 1 block trade worth 47mn at 13.07 yuan per share, 0.00 discount from last closing.

- Kangxin New Materials (600076 CH) saw 3 block trades worth 101mn at 3.28 yuan per share, 0.00 pct discount from last closing.

 

*Premium

- DBAPP Security Co (688023 CH) saw 2 block trades worth 38mn at 140 yuan per share, 0.2pct premium from last closing.

 

*Margin Trade

*Connection Trade

*Index Futures

*Index Options

*Treasury Futures

 

*Night Session Commodities Market (As of 02:30 am)

* Global oil prices mostly closed up as June contract of WTI rose by 1.8%, quoted at $104.03/barrel, and July contract of Brent shifted up by 1.78%, closed at $108.7/barrel.

* COMEX gold futures closed lower to $1,953.4.1 per ounce with 0.11% decline. COMEX silver futures settled at $24.8 per ounce with 2.19% decrease. Gold prices hit the new low over the past two weeks, plus the rising yield of US treasuries, it’s expected that the Fed will likely to keep tightening in the short run.

* For the night session of April 22, commodity market closed mixed for fuel series leading the upside. Low sulfur fuel oil and fuel oil rose by 1.57% and 0.96% respectively. While natural rubber and glass both slipped more than 1% lower and closed down. Regarding black series, coking coal, coke and thermal coal all shifted up slightly, thermal coal closed 1.02% higher, while steel rebar eased by 0.51%. In terms of agricultural products, soybean meal and rapeseed oil went up by 1.08% and 0.86% respectively, while No.1 soybean fell by 0.23% and closed down.

* LME metals mostly closed up with LME copper rose by 0.73% to $10,298/ton, LME zinc up by 0.31% to $4,431.5/ton, LME nickel rose by 1.1% to $33,875/ton, and LME aluminum up by 1.02% to $3,302.5/ton, LME tin shifted 0.01% higher to $43,000/ ton, while LME lead quoted 1.28% lower at $2,393 ton.

 

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