DZ20220720

 

*Key points

Industrial Economy

*State Energy Administration issued 1H national power industrial statistics and saw capacity of power installment by around 2.44bn kWh, up 8.1% y/y with wind power capacity contributes 340mio kWh, up 17.2% y/y and solar power capacity by 340mio kWh, up 25.8% y/y.

*Ministry of Transportation pointed out to accelerate construction of charging facilities along the highways to improve infrastructure services and to solve charging difficulties of NEV.

*Rectification of cash management products issued by banks been accelerated with rules changed, including change of subscription/redemption from T+0 to T+1 and quick redemption quota been adjusted down from cny 50k to 10k.

 

Co Focus

*Zhongtong Bus (000957 CH) saw the most gains by 544% since mid May and its trading been under monitoring by Shenzhen stock exchange, the latter requires securities companies to enhance management of trading behaviors of clients in active participation of speculation and to guide rational trading.

*CATL has received cny 5mio from SVOLT for settlement of inappropriate competition and both parties have reached consensus in promoting healthy development of new energy industry.

 

News

*The 19th Asian Games to be held in Hangzhou during Sept 23rd to Oct 8th 2023, as announced by OCA.

 

July 19th Block Trade

*Block Trade Info

*Discount

- Zuojiang Tech (300799 CH) saw 2 block trades worth 30mn at 60yuan per share, 7.83 discount from last closing.

- Zijin Bank (601860 CH) saw 13 block trades worth 67mn at 2.78 yuan per share, 9.04 discount from last closing.

- Zijin Mining (601899 CH) saw 62 block trades worth 891mn at 10.05 yuan per share, 0.88 discount from last closing.

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

 

Premium

- Palm Eco-Town (002431 CH) saw 6 block trades worth 86mn at 4.02yuan per share, 0.36 premium from last closing.

- Unigroup Guoxin Microelectronics (002049 CH) saw 7 block trades worth 35mn at 188.12 yuan per share, 0.08 premium from last closing.

- Tibet Mineral (000762 CH) saw 13 block trades worth 143mn at 48.09 yuan per share, 0.09 premium from last closing.

- Chongqing Brewery (600132 CH) saw 7 block trades worth 91mn at 120.7yuan per share, 1.06 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 up collectively. August NYMEX crude oil contract up 1% to closed at $100.41/b, September Brent contract up 0.94% to closed at $107.27/b. INE crude oil active contract up 0.26% to 668.2 yuan/b. Supply concern and weak performance of USD drove oil prices up.

* Precious metals closed mixed. COMEX gold active contract down 0.03% to closed at $1709.7/oz, SHFE gold active contract up 0.01% to closed at 374.34 yuan/gram.

* Metals closed down collectively. LME copper down 1.73%, LME aluminum down 1.71%, LME zinc down 1.63%, LME tin down 1.13%. SHFE tin down 2.98%, SHFE aluminum down 1.44%, SHFE copper down 0.76%, SHFE nickel up 1.16% on the contrast.

* Commodity futures closed down mostly, energy & chemistry futures showed a weak performance, glass down 3.66%, soda ash down 2.58%, bitumen down 1.43%, EB down 1.36%, PVC up 0.86% on the contrast. Black series down mostly, coking coal down 3.98%, coke down 2.46%, iron ore down 0.82%, steel rebar up 0.16% on the contrast. Agriculture futures closed down collectively, cotton down 3.48%, rapeseeds meal down 3.07%, soybean meal down 2.76%, cotton yarn down 2.74%, No.2 soybeans down 1.91%.

 

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