DZ20220908

 

Financials

*China Aug forex reserve of usd 3.0548tn, vs previous month of usd 3.1040tn and gold reserve of 62.64mio ounce.

 

Industrial Economy

*National Energy Administration held forum in analysis of development trend of renewable energy in Aug which requires promoting construction of large wind power PV base stations and grid connection with first batch of projects to be filed shortly and selection of second following up.

*Zhengzhou city aims to resume all halted real estate projects by Oct 6th and the message has been sent to some property firms, as confirmed by journalists from Cailian.

*The centralized procurement of orthopedic spine typed supplies will open on-site bidding on Sept 27th.

*According to preliminary statistics by CPCAAUTO that retail sales of passenger vehicles in Aug of 1.88mio units, up 29% y/y and 3% m/m with wholesale of 2.09mio units, up 38% y/y and down 2% m/m.

 

Co Focus

*CATL 3rd generation CTP-Kirin battery to realize massive production and shipment by end 2022, earlier than the date announced as in 2023 and will be equipped on pure-electric luxury MPV of Geely Auto in 1Q2023.

 

 

Sep 7th Block Trade

*Block Trade Info

*Discount

- Unigroup Guoxin Microelectronics (002049 CH) saw 7 block trades worth 288mn at 159. 98 yuan per share, 2.00 discount from last closing.

- Semiconductor Manufacturing International (688981 CH) saw 2 block trades worth 40mn at 39.83 yuan per share, 0.99 discount from last closing.

- Advanced Micro-Fabrication (688012 CH) saw 3 block trades worth 24mn at 120.0 yuan per share, 5.99 discount from last closing.

- Zhaowei Machinery& Electronics (003021 CH) saw 6 block trades worth 42mn at 55.40 yuan per share, 18.18 discount from last closing.

- Trina Solar Co.（688599 CH）saw 5 block trades worth 51mn at 69.04 yuan per share, 8.00 discount from last closing.

- Wiscom System Co. (002090 CH) saw 6 block trades worth 92mn at 12.25 yuan per share, 9.26 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 6.01% to closed at $81.66/b, November Brent contract down 5.52% to closed at $87.71/b. INE crude oil active contract down 2.84% to 670.1yuan/b.

* Precious metals closed up collectively. COMEX gold contract up 0.97% to closed at $1729.5/oz, SHFE gold active contract up 0.43% to closed at 388.44 yuan/gram.

* Metals closed mixed, LME tin down 1.66%, LME zinc down 1.47%, LME copper down 0.79%. LME leads up 0.85%. SHFE tin down 1.01%, SHFE zinc down 0.71%, SHFE nickel up 0.67%.

* Commodity futures closed mixed. Energy & chemistry futures saw weak performance, fuel oil down 3.69%, EB down 1.6%, PTA down 1.33%. Black series went up collectively, coke up 1.26%, coking coal up 0.74%. Agricultural products closed mixed, rapeseed meal up 2.39%, soybean meal up 2.18%, rapeseed oil down 1.61%, RBD palm olein down 1.42%, soybean oil down 1.37%.


Download PDF
 

 

DISCLAIMER

The report is issued by Orient Securities Co. LTD (Orient Securities) and Shanghai Orient Futures Co. LTD (Orient Futures) to institutional investors. Opinions expressed may differ from those of other divisions of Orient Securities, including Orient Securities Research Institute. Orient Securities may trade as principal in instruments identified herein and may accumulate/have accumulated a long or short position in instruments or derivatives thereof. Orient Securities has policies designed to negate conflicts of interest. This e-mail is not an official confirmation of terms and unless stated, is not a recommendation, offer or solicitation to buy or sell. Any prices or quotations contained herein are indicative only. Communications may be monitored.