Morning Brief 2022-08-12

DZ20220812

 

Financials

*Vice head of Shanghai Futures Exchange said to promote R&D of financial tools of refinery oil, natural gas futures and crude oil ETFs.

*High-flyer Quant clarified rumors saying it recommends investors to redeem enhanced products of CSI1000 index as untrue, China Securities Journal reported.

 

Industrial Economy

*Commercial banks clarified rumors saying sum of personal mortgage loan and borrowers was adjusted up from 70 to 85 years old that no documented files been issued and no change on current regulations with difference remains for each banks.

*China public charging facilities up 47k units in July vs last month, up by 65.7% y/y, according to China Electric Vehicle Charging Infrastructure Promotion Alliance.

*Beijing issued provision of rental housings, to take effect from Sept 1st which allows government intervention on rising rents.

 

Co Focus

*Xiaomi invested cny 3.3bn research expense on auto-driving at phase one with R&D team of over 500 people built up and to test nationwide in steps, aiming to enter tier-1 by 2024.

 

Aug 11th Block Trade

*Block Trade Info

*Discount

- Advanced Micro-Fabrication Equip (688012 CH) saw 5 block trades worth 50mn at 140 yuan per share, 4.6 discount from last closing.

- Sinofibers Tech (300777 CH) saw 1 block trade worth 32mn at 39.18 yuan per share, 20.85 discount from last closing.

- Etron Tech (603380 CH) saw 3 block trades worth 27mn at 33.2 yuan per share, 13.68 discount from last closing.

- Wanhua Chemical (600309 CH) saw 3 block trades worth 200mn at 73.63yuan per share, 11.65 discount from last closing.

- Trina Solar Co.(688599 CH) saw 4 block trades worth 117mn at 76.32 yuan per share, 8.49 discount from last closing.

- Etron Tech (688778 CH) saw 7 block trades worth 213mn at 123.82 yuan per share, 6.53 discount from last closing.

- Nanomicro Tech (688690 CH) saw 2 block trades worth 41mn at 81.6 yuan per share, 0.91 discount from last closing.

- Huafeng Test & Control (688200 CH) saw 7 block trades worth 36mn at 425.79 yuan per share, 10.18 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. September NYMEX crude oil contract up 2.24% to closed at $93.99/b, October Brent contract up 1.95% to closed at $99.30/b. INE crude oil active contract up 3.22 % to 701.2 yuan/b.

* Precious metals closed down collectively. COMEX gold active contract down 0.45% to closed at $1805.5/oz, SHFE gold active contract down 0.14% to closed at 390.16 yuan/gram.

* Metals closed up collectively, LME nickel up 5.02%, LME tin up 3.7%, LME zinc up 1.33%, LME copper up 1.31%. SHFE nickel up 4.80%, SHFE tin up 3.61%, SHFE copper up 1.22%, SHFE lead up 0.79%.

* Commodity futures closed up mostly. Energy & chemistry futures showed a strong performance, LPG up 2.82%, fuel oil up 2.81%, glass up 2.57%, soda ash up 1.83%. Black series went up collectively, coking coal up 2.23%, coke up 1.98%, steel rebar up 1.23%, hot-rolled coil up 1.11%. Agricultural products closed up collectively, rapeseed oil up 2.53%, RBD palm olein up 2.08%, cotton yarn up 1.8%, cotton up 1.58%, corn starch up 1.42%.

 

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