DZ20220615

 

*Key points

Policy

*The State Council issued overall cooperation plan for Guangdong-HK-Macau in Nansha, Guangzhou which pointed to promote connection of financial market in order, support reform of forex management, QDLP in trial and RMB overseas investment fund. Industrial park of smart internet vehicles to be built up and research of pure-electric vehicles promoted. Construction of smart cities to be advanced with smart infrastructure, full 5G coverage, unified system transportation and utilities.

 

Financials

*MOC：China actual use of foreign capital of cny 564.2bn during Jan-May period, up 17.3% y/y with growth slowed down by 3.2% vs the first 4 months.

 

Industrial Economy

*NDRC announced to raise retail gasoline and diesel fuel price by 390 and 375yuan per ton from June 15th, the 10th time on price adjustment within the year.

 

Co Focus

*Jonjee Hi-Tech (600872 CH) responded to market rumors suggesting China Resources planing on its acquisition that no related info been heard and co has no obligated disclosure to be made.

*King’s Luck Brewery (603369 CH) issued notice on upward price adjustment of Guoyuankai series by 5/10yuan per bottle on different types from June 25th.

 

*Block Trade Info

*Discount

- Jolly Pharmaceutical (300679 CH) saw 1 block trade worth 133mn at 11.12yuan per share, 3.89 discount from last closing.

- Zijin Rural Commercial Bank (601860 CH) saw 10 block trades worth 38mn at 2.85yuan per share, 8.83 discount from last closing.

- Zijin Mining (601899 CH) saw 53 block trades worth 785mn at 10.16yuan per share, 0.83 discount from last closing.

- Unisplendour (000938 CH) saw 4 block trades worth 365mn at 20.16yuan per share, 2.55 discount from last closing.

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

- Cnpc Capital (000617 CH) saw 7 block trades worth 532mn at 4.79yuan per share, 0.51 discount from last closing.

 

*Flat

- Chongqing Brewery (600132 CH) saw 7 block trades worth 91mn at 120.7yuan per share, 0.00 discount from last closing.

 

*Premuim

- Palm Eco-Town (002431 CH) saw 5 block trades worth 75mn at 4.13yuan per share, 0.08 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 price fell collectively. July NYMEX crude oil contract down 1.54% to closed at $119.07/b, August Brent contract down 1% to closed at $121.05. INE crude oil active contract down 0.09% to closed at 764.2 yuan/b. U.S. government was reported to consider more energy legislation facing growing pressure on energy prices and inflation.

* USDX rose for five consecutive days, downward pressure on gold price was significant. COMEX gold active contract fell 1.2% to closed at $1809.8/oz, SHFE gold active contract declined 1.18% closed at 393.82 yuan/gram.

* Metals all closed down. LME aluminum down 2.66%, copper down1.58%. SHFE aluminum down 1.08%, copper down 0.85%.

* Commodity futures mostly fell, Energy & chemistry futures fluctuated, glass down 1.87%, PTA rose 1.13%, soda ash down 1.7%, EG up 2.05%, fuel oil up 2.51%, polyester staple fiber up 1.07% and PVC down 1.28%. Black series mostly went down, iron ore down 0.28%, coke down 2.01%, hot-rolled coil down 1.22%, steel rebar down 1.65%, coking coal down 1.29%. Agriculture futures mostly went down as well, No.1 Soybeans down 0.68%, corn starch down 0.51%, corn down 0.48%, rapeseed oil down 0.42%.

 

Download PDF

 

 

 

DISCLAIMER

The report is issued by Orient Securities Co. LTD (Orient Securities) and Shanghai Orient Futures Co. LTD (Orient Futures) to institutional investors. Opinions expressed may differ from those of other divisions of Orient Securities, including Orient Securities Research Institute. Orient Securities may trade as principal in instruments identified herein and may accumulate/have accumulated a long or short position in instruments or derivatives thereof. Orient Securities has policies designed to negate conflicts of interest. This e-mail is not an official confirmation of terms and unless stated, is not a recommendation, offer or solicitation to buy or sell. Any prices or quotations contained herein are indicative only. Communications may be monitored.