DZ20220527

 

*Key points

Property

*The Shanghai Stock Exchange is planning a meeting on Friday for a handful of Chinese developers include Country Garden Holdings Co., Longfor Group Holdings Ltd., Midea Real Estate Holding Ltd., Cifi Holdings Group Co. and Seazen Holdings Co., seeking to issue yuan-denominated bonds, people familiar with the matter said, Bloomberg reported.

*Shanghai will resume the first batch of residential land transfers on June 1.

 

Policy

*The State Council issued opinions to promote foreign trade with financial and credit supports to further enhance on medium-small foreign trade firms and scale of credit insurance to be increased.

*MoC, PBoC and Ministry of Foreign Exchange issued notice to support foreign trade firms to improve currency risk management and cross-border settlement of RMB is encouraged.

*Shandong government issued notice to stabilize employment which said to provide 60% hiring positions to college graduates by state-owned enterprises and subsidies will be given to medium-small firms who hired college graduates by end 2022.

*The expense of regular nucleic acid test shall be borne by local governments, said by National Medical Insurance Bureau.

 

Co Focus

*Longi (601012 CH clarified news reported its entry into silicon material section after subsidiary named as Longi silicon material set up that currently co is not involved in the section and the material hear refers to silicon wafer.

 

*Block Trade Info

*Discount

- Zhejiang Construction (002761 CH) saw 1 block trade worth 200mn at 33.41yuan per share, 1.74 discount from last closing.

- Joinn Laboratories (603127 CH) saw 4 block trades worth 31mn at 95.8yuan per share, 6.00 discount from last closing.

- Yonghui Superstores (601933 CH) saw 38 block trades worth 733mn at 4.07yuan per share, 9.76 discount from last closing.

- Salt lake (000792 CH) saw 8 block trades worth 143mn at 31.5 yuan per share, 0.83 discount from last closing.

- Sokan New Materials (688157 CH) saw 1 block trade worth 95mn at 65yuan per share, 17.23 discount from last closing.

- BOE Tech (000725 CH) saw 2 block trades worth 32mn at 3.88yuan per share, 1.27 discount from last closing.

- Xgimi Tech (688696 CH) saw 6 block trades worth 49mn at 268yuan per share, 9.76 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 price rose collectively. July NYMEX crude oil contract up 3.56% to closed at $114.26/b, July Brent contract up 3.01% to closed at $114.46/b. INE crude oil active contract up 3.63% to 734.1 yuan/b.

* COMEX gold active contract rose 0.12% to closed at $1848.5/oz, SHFE gold active contract closed at 401.12 yuan/gram (up 0.5%).

* Metals mostly performed mixed. LME aluminum down 0.28%, copper up 0.14%. SHFE aluminum up 0.78%, copper up 0.69%.

* Commodity futures mostly rose, Energy & chemistry futures saw strong performance, LPG up 3.32%, bitumen up 3.21%. Black series all closed up, coking coal up 4.77%, coke up 3.66%, iron ore up 2.6%. Agriculture futures mostly went up as well, RBD palm olein up 2.7%, soybean meal up 2.35%.

 

 

 

 

 

 

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