DZ20220616

 

*Key points

International Relationship

*President Xi Jinping had talk with Russian president Putin on June 15th with consensus reached on mutual supports involving issues like sovereignty, national safety and key issues under concern with strategic cooperation to be tightened up under communication.

 

Policy

*The State Council general meeting held in research of measures to support private investment and projects with multiple benefits, renovation of old pipe network for instance, to expand effective investment. Time window to be seized and interval adjustment emphasized with fundamental of macro economy stabilized via policy strength.

*Vice premier Han Zheng pointed out to actively respond to outstanding issues of energy supply with thermal coal adjustment mechanism set up to stabilize supply and price.

 

Market Rumors

*Rumors suggesting a HK based financial institution saw bond investment loss of cny 10bn, though firms with similar names responded with denial, China Fund Journal reported.

 

Co Focus

*Market rumors saying over cny 150bn bid for private placement of CATL with pricing set at 7% discount. Though the final price is still under calculation and yet been decided, said by someone familiar with this matter, China Securities Journal reported.

 

June 15th Block Trade

*Block Trade Info

*Discount

- Cngr Advanced Material (300919 CH) saw 9 block trades worth 319mn at 112.79yuan per share, 5.23 discount from last closing.

- Jonjee Hi-Tech (600872 CH) saw 10 block trades worth 228mn at 31.22yuan per share, 1.51 discount from last closing.

- Zhezhong Group (002346 CH) saw 2 block trades worth 62mn at 12.48yuan per share, 4.00 discount from last closing.

- Merchants Bank (600036 CH) saw 1 block trade worth 62mn at 35.32yuan per share, 12.75 discount from last closing.

- Yili Industrial Group (600887 CH) saw 4 block trades worth 58mn at 37.76yuan per share, 0.81 discount from last closing.

- Suning Universal Co (000718 CH) saw 1 block trade worth 94mn at 3.1yuan per share, 9.88 discount from last closing.

*Premuim

- Zijin Mining (601899 CH) saw 2 block trades worth 37mn at 10.00yuan per share, 0.25 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 2.61% to closed at $115.83/b, August Brent contract down 1.88% to closed at $118.89. INE crude oil active contract down 3.76% to closed at 744.3 yuan/b.

* Fell of USDX and bond yield drove precious metal up. COMEX gold active contract rose 1.25% to closed at $1836.1/oz, SHFE gold active contract climbed 0.24% to closed at 395.58 yuan/gram.

* Most metals closed up. LME tin up 3.98%, aluminum up 1.75%, copper down 0.24%. SHFE tin rose 4.99%, aluminum up 0.55%, copper down 0.54%.

* Commodity futures mostly fell, energy & chemistry futures stayed weak trend, methanol down 2.81%, PTA down 2.4%, fuel oil down 1.81%, bitumen down 1.6%, polyester staple fiber down 1%. Black series went down collectively, coking coal down 3.97%, coke down 3.47%, iron ore down 1.57%. Agriculture futures mostly went down as well, RBD palm olein down 1.71%, cotton down 1.64%, rapeseed oil down 1.5%, cotton yarn down 1.32%, soybean oil down 1.1%.
 

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