DZ20220721

 

*Key points

Macro

*Premier Li Keqiang attended special session of WEF on Sept 19th and said no massive stimulus measures will be issued for extra high growth target.

 

Industrial Economy

*The 2022 world power battery conference in topic of green power and low carbon future to be held during July 21st to 23rd with attendance of CATL, Geely, BYD, LG new energy and Panasonic expected.

*CAICT: China June domestic mobile phone delivery of 28.02mio units, up 9.2% y/y and 5G contributes 82.2% by 23.03mio units, up 16.3% y/y. China 1H domestic mobile phone delivery of 126mio units, down 21.7% y/y and 5G contributes 80.2% by 109mio units, down 14.5% y/y.

*MIIT: China 1H polysilicon production around 365k ton, up 53.4% y/y and silicon wafer production of 152.8GW, up 45.5% y/y.

 

Covid

*Shanghai extends regular free covid acid test service to Aug 31st, 2022.

 

July 20th Block Trade

*Block Trade Info

*Discount

- China National Gold (600916 CH) saw 6 block trades worth 35mn at 11.76yuan per share, 12.89 discount from last closing.

- Yunda Holding Co (002120 CH) saw 28 block trades worth 390mn at 16.18 yuan per share, 11.2 discount from last closing.

- Electric Wind Power (688660 CH) saw 3 block trades worth 55mn at 9.9 yuan per share, 1.69 discount from last closing.

- Huaheng Biotechnology (688639 CH) saw 4 block trades worth 62mn at 127.99yuan per share, 0.45 discount from last closing.

-Salt Lake (000792 CH) saw 6 block trades worth 105mn at 29.9 yuan per share, 0.85 discount from last closing.

- Trina Solar Co. (688599 CH) saw 5 block trades worth 158mn at 70.12yuan per share, 2.00 discount from last closing.

 

*Flat

-Oriental Yuhong (002271 CH) saw 3 block trades worth 205mn at 42.26 yuan per share, 0.00 discount from last closing.

- Hengyi Petrochemical (000703 CH) saw 2 block trades worth 36mn at 9.83 yuan per share, 0.00 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 mixed. September NYMEX crude oil contract down 0.92% to closed at $99.81/b, September Brent contract down 0.69% to closed at $106.61/b. INE crude oil active contract up 0.71% to 666.8 yuan/b. Oil price is expected to keep strong due to tight supply cause by OPEC limited productivity increase.

* Precious metals closed down collectively. COMEX gold active contract down 0.96% to closed at $1694.3/oz, SHFE gold active contract down 0.26% to closed at 373.24 yuan/gram. Higher interest rate hikes generate pressures on anti-inflation performance of gold.

* Metals closed up collectively. LME nickel up 2.69%, LME leads up 1.56%, LME zinc up 1.48%, LME aluminum up 1.38%. SHFE nickel up 3.31%, SHFE tin up 2.74%, SHFE leads up 1.53%, SHFE zinc up 1.02%.

* Commodity futures closed up mostly, energy & chemistry futures showed a strong performance, methanol up 2.71%, bleached softwood kraft pulp up 1.21%, PTA up 1.16%, MEG up 1.13%, soda ash up 1.09%. Black series closed mixed, iron ore up 0.68%, coke down 1.9%, coking coal down 3.3%. Agriculture futures closed up mostly, cotton up 2.57%, cotton yarn up 1.67%.

 

 

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