DZ20220704

 

*Key points

Industrial Economy

*Rumors saying a batch of PV firms have suspended production and plan to adjust down rate of operation against rising price of silicon wafer, which been clarified untrue by Longi and Ja Solar.

*MIIT and 4 other depts jointly issued action plan 2022-2025 on brand building of industrial consumptions under digital supports which suggest to cultivate 200 smart manufacturing plants for demonstration in textile, home appliance, food, pharm and consumer electronics industries and 200 well-known brands in tens of billions scale built up.

*NDRC to hold meeting in analysis of demand-supply and price trend of recent hog market given hog price been rallying fast for intentional control of sales by breeders.

 

Co Focus

*China Southern Airlines (600029 CH), Air China (601111 CH) and China Eastern Airlines (600115 CH) signed purchase contracts with Airbus and to purchase 292 airplanes in A320NEO series in total, worth usd 37.26bn.

*Samsung Electronics has suspended purchase of LCD panels after product delivery of TV missed expectation and it will cut annual target of TV production to 40mio units on 2H strategic conference.

 

July 1st Block Trade

*Block Trade Info

*Discount

- Cngr Advanced Material (300919 CH) saw 8 block trades worth 38mn at 14.64yuan per share, 9.01 discount from last closing.

- Gigadevice Semiconductor (603986 CH) saw 4 block trades worth 26mn at 134.97yuan per share, 2.79 discount from last closing.

- Salt Lake (000792 CH) saw 8 block trades worth 107mn at 30.53 yuan per share, 0.86 discount from last closing.

- Circuit Fabology Microelectronics (688630 CH) saw 3 block trades worth 34mn at 69.86 yuan per share, 7.00 discount from last closing.

- Weigao Orthopaedic Device (689161 CH) saw 6 block trades worth 52mn at 43,05 yuan per share, 7.00 discount from last closing.

- Suzhou Etron Tech (603380 CH) saw 1 block trade worth 56mn at 35.01yuan per share, 9.42 discount from last closing.

*Flat

- Zijin Mining (601899 CH) saw 3 block trades worth 19mn at 9.47yuan per share, 0.00 discount from last closing.

*Premium

- Sinnet Tech (300383 CH) saw 7 block trades worth 256mn at 10.36yuan per share, 2.69 premium from last closing.

 

*Margin Trade

*Connection Trade

Southbound and Northbound trading was suspended on July 1st

*Index Futures

*Index Options

*Treasury Futures

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

Commodities (night session):

* Global crude oil price rose collectively. August NYMEX crude oil contract up 2.55% to closed at $108.46/b, September Brent contract up 2.23% to closed at $111.46/b. INE crude oil active contract up 1.19% to 713.8 yuan/b.

* COMEX gold active contract rose 0.31% to closed at $1812.9/oz, SHFE gold active contract declined 0.21% closed at 390.32 yuan/gram.

* Metals mostly closed down. LME nickel slumped 4%, aluminum up 0.51%, copper down 2.46%. SHFE nickel down 2.34%, aluminum up 0.08%, copper down 1.81%, bonded copper down 1.82%.

* Commodity futures mostly fell, Energy & chemistry futures saw weak performance, soda ash down 3.92%, PVC down 3.22%, EG down 3.07%, methanol down 2.2%, fuel oil down 2.19%. Black series mostly went down, iron ore down 3.27%, coking coal down 2.41%, hot-rolled coil down 2.25%, steel rebar down 2.2%, coke down 2.06%, whereas thermal coal up 4.82%. Agriculture futures mostly went down as well, rapeseed meal down 3.31%, No.2 soybean down 3.03%, soybean meal down 2.96%, RBD palm olein down 2.26%, corn down 1.86%, soybean oil down 1.81%.

 

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