DZ20220623

 

*Key points

Industrial Economy

*President Xi Jinping emphasized during the 26th meeting of central overall deepen reform committee to promote large payment and fintech platform enterprises back to basics and to optimize regulatory rules with full-chain supervision enhanced. Anti-monopoly and inappropriate competition to be supervised in protection of legitimate rights of financial consumers.

*The State Council general meeting confirmed to beef up supports on auto consumption with second-hand trading market to be revitalized, consumption of NEV supported and parallel import policy to be optimized. It is estimated that auto and related consumption to be increased by cny 200bn in year 2022.

*National Radio and Television Administration issued code of conduct for live streamers which prohibits 31 behaviors and requires licenses achieved for streamers in broadcast of professional contents including medical health, finance, law and education.

*As May gaming industry report issued by Gamma data shown sales income in China gaming market of cny 22.9bn in May, down 6.74% y/y, mainly dragged down by mobile game income, which down 2.15% m/m and 10.85% y/y.

 

Co Focus

*Goertek (002241 CH) said on the interactive platform that co is under normal operation and has no plan to adjust profit forecast, China Securities Journal reported.

*CATL disclosed result of private placement and confirmed issuance price at 410 yuan per share. Besides, it signed strategic cooperation framework contract with Henan government.

 

June 22nd Block Trade

*Block Trade Info

*Discount

- Supcon Tech (688777 CH) saw 4 block trades worth 31mn at 69.75yuan per share, 7.00 discount from last closing.

- Avic Optronic Tech (002179 CH) saw 2 block trades worth 74mn at 57.1yuan per share, 2.56 discount from last closing.

- Xiangyuan New Material (300980 CH) saw 3 block trades worth 50mn at 21.15yuan per share, 1.4 discount from last closing.

- Tinci Materials (002709 CH) saw 2 block trades worth 44mn at 59.66 yuan per share, 1.50 discount from last closing.

- Long Yuan Construction (600491 CH) saw 3 block trades worth 46mn at 6.1 yuan per share, 5.28 discount from last closing.

- Beijing Wkw Auto (002662 CH) saw 4 block trades worth 48mn at 3.37 yuan per share, 14.47 discount from last closing.

- Jason Furniture (603816 CH) saw 5 block trades worth 801mn at 64.23 yuan per share, 6.8 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 closed down collectively. July NYMEX crude oil contract down 4.77% to closed at $104.30/b, August Brent contract down 4.03% to closed at $110.03/b. INE crude oil active contract down 0.85% to 698.5 yuan/b. Investors were anxious with the interest rate hike of Fed would result in depression of US economy and lower the demand of fuels.

* COMEX gold active contract rose 0.05% to closed at $1839.7/oz, SHFE gold active contract up 0.15% closed at 397.02 yuan/gram.

* Metals mostly closed down. LME Tin down 6.67%, LME nickel down 5.85%, LME copper down 2.32%, LME zinc down 1.13%, LME aluminum up 0.22%. SHFE tin down 3.2%, SHFE copper down 1.31%, SHFE zinc down 0.92%.

* Commodity futures mostly closed down, energy & chemistry futures saw weak performance, fuel oil down 2.4%, EG down 2.11%, LPG down 1.07%. Black series closed mixed, coke up 0.76%, coking coal down 0.41%. Agriculture futures mostly went down, RBD palm olein down 4%, soybean oil down 2.91%, cotton down 2.18%, No.1 soybean down 1.29%.

 

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