Morning Brief 2022-08-22

DZ20220822

 

Financials

*FTSE Russell announced quarterly review result of FTSE GEIS Index Series with 98 A-shr stocks been added in, including 601857 and 002466 while 603605 been removed.

 

Industrial Economy

*Premier Li Keqiang held State Council general meeting and plans for measures to reduce corporate financing cost and personal credit cost of consumption with financial supports on real economy to be strengthened. Measures to support bailout of elderly and baby care to be issued with exemption of vehicle purchase tax on NEV extended.

*Ministry of Housing, MoF and PBoC optimized policy tool box and to support construction and delivery of residential projects overdue via policy bank special loans.

*Shanghai eased housing purchase rules in Linggang new district and non-residents can purchase 1 home after payment of 1-year social insurance, which to be restraint from sell in 7 years.

*CPCAAUTO: estimated retail sales of passenger vehicles in Aug of 1.88mio units, up 29.6% y/y and up 3.4% m/m with NEV retail sales of 520k units, up 108.3% y/y, up 7% m/m in penetration of 27.7%.

*Domestic sales income of gaming market in July of cny 20.8bn, down 7.14% m/m and down 15.12% y/y.

*China's NAFMII held meeting with some private-owned developers on Aug 19th in discussion of credit enhancement for bonds.

 

Co Focus

*Tianyuan Group (002386 CH) said on the investor interactive platform that power restriction policy in Sichuan province have negative impact on production of its subsidiaries with around cny 30mio profit to be reduced.

 

Aug 19th Block Trade

*Block Trade Info

*Discount

- Zijin Rural Commercial 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 67 block trades worth 924mn at 9.97 yuan per share, 0.83 discount from last closing.

-Unisplendour Corporation (000938 CH) saw 11 block trades worth 435mn at 18.24 yuan per share, 6.66 discount from last closing.

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

- Unilumin Group Co. (300232 CH) saw 9 block trades worth 140mn at 6.54 yuan per share, 3.1 discount from last closing.

-Chongqing Department Store (600729 CH) saw 22 block trades worth 195mn at 24 yuan per share, 7.59 discount from last closing.

 

*Premium

- Palm Eco-Town (002431 CH) saw 6 block trades worth 86mn at 4.02 yuan 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.

*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. October NYMEX contract down 0.54% to closed at $89.62/b, October Brent contract down 0.76% to closed at $95.86/b. INE crude oil active contract up 2.46% to 708.7 yuan/b.

* Precious metals closed down collectively. COMEX gold active contract down 0.62% to closed at $1760.3/oz, SHFE gold active contract down 0.11% to closed at 387.12 yuan/gram.

* Metals closed up mostly, LME nickel up 1.47%, LME copper up 0.68%, LME zinc up 0.52%, LME lead down 1.18%. SHFE nickel up 3.58%, SHFE tin up 1.67%, SHFE zinc up 1.25%, SHFE copper up 1.14%.

* Commodity futures closed up mostly. Energy & chemistry futures showed strong performance, EB up 3.47%, bleached softwood kraft pulp up 3.36%, PVC up 3%, PP up 2.05%, MEG up 2.03%. Black series went down mostly, coke down 2.08%, thermal coal down 1.74%, iron ore up 1.25%. Agricultural products closed up mostly, cotton yarn up 2.77%, RBD palm olein up 1.68%, cotton up 1.35%.

 

 

 

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