DZ20220826

 

Industrial Economy

*MIIT issued opinions in promoting industrial development of energy electronics which suggest prioritizing development of new energy and promoting coordinated development of its industrial chain as well as PV and energy storage in balance to avoid capacity surplus and vicious competition.

*MIIT and 6 other departments jointly issued action plan 2022-2025 of green low carbon development of info telecom industry which encourages construction of green energy facilities in own sites by enterprises with use of lithium battery promoted in order and application of hydrogen battery explored. Besides, the sharing rate of newly built 5G base stations shall be no lower than 80% by 2025.

 

Co Focus

*Huawei suggests its cooperation with Avita in exploration of more vehicle types is under progress with deep involvement in vehicle development and to co-share risk and interests. Tan Benhong, president of Avita said its first vehicle type 11 saw orders over 20k units and to start delivery from Dec 2022.

*BYD to issue new high-end brand in Q4 2022 pricing over cny 1mio along with its new SUV, which has been confirmed by people in charge in BYD.

*GCL group has mastered key tech and materials of PV industry with market share of silicon particles to be largely improved after fast capacity expansion, said by Zhu Gongshan, its president. Besides, A-shr listing of GCL been promoted in accelerated pace with dual listing expects to be realized in 1H2023.

 

Aug 25th Block Trade

*Block Trade Info

*Discount

- Unigroup Guoxin Microelectronics (002049 CH) saw 10 block trades worth 85mn at 150.2 yuan per share, 8.69 discount from last closing.

- Cosco Shipping (600026 CH) saw 1 block trade worth 134mn at 16.79 yuan per share, 1.00 discount from last closing.

- Intco Recycling (688087 CH) saw 4 block trades worth 47mn at 51.92 yuan per share, 1.98 discount from last closing.

- Vantone Neo Development (600246 CH) saw 2 block trades worth 5mn at 8.51 yuan per share, 9.28 discount from last closing.

- Roborock Tech (688169 CH) saw 6 block trades worth 50mn at 301 yuan per share, 5.52 discount from last closing.

- Shengquan Group (605589 CH) saw 4 block trades worth 42mn at 18.08 yuan per share, 10.62 discount from last closing.

- Shennan Circuits Co. (002916 CH) saw 10 block trades worth 100mn at 87.3 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 down collectively. October NYMEX contract down 1.97% to closed at $93.02/b, November Brent contract down 1.39% to closed at $98.95/b.

* Precious metals closed up collectively. COMEX gold active contract up 0.58% to closed at $1771.8/oz, SHFE gold active contract up 0.06% to closed at 390.28 yuan/gram.

* Metals closed up mostly, LME zinc up 2.31%, LME nickel up 0.94%, LME aluminum up 0.47%. SHFE copper up 0.86%, SHFE nickel up 0.78%, SHFE zinc up 0.59%, HSFE aluminum down 0.95% on the contrast.

* Commodity futures closed mixed. Energy & chemistry futures showed a weak performance, bitumen down 2.61%, MEG down 1.73%, TSR 20 down 1.54%, natural rubber down 1.5%. Black series went up mostly, iron ore up 0.84%, coking coal up 0.71%, thermal coal down 1.65% on the contrast. Agricultural products closed mixed, No.1 soybeans up 1.71%, cotton yarn up 0.93%, rapeseed meal down 2.38%, soybean meal down 1.35%, rapeseed oil down 1.32%.

 

 

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