DZ20220913

International Relationship 

*President Xi Jinping will attend the 22nd Shanghai Cooperation Organization summit and pay state visits to Kazakhstan and Uzbekistan from Sept 14th to 16th.

 

Financials

*China Aug incremental social aggregate financing scale of cny 2.43tn, down cny 557.1bn vs last year. China Aug new yuan loan of cny 1.25tn, up cny 39bn y/y. M2 balance as of end Aug of cny 259.51tn, up 12.2% y/y and saw 2-digit growth for the 5th month.

*NBS: China Aug CPI up 2.5% y/y and PPI up 2.3% y/y, both miss market estimates and down 0.2% and 1.9% respectively vs last month.

*CSDC: China new investors in Aug of 1.246mio, up 10% m/m.

*PBoC said to deepen financial reform in key fields, bond market reform for instance with direct financing supported. Coordination of domestic and foreign currency policies to be enhanced with dual opening-up of financial market and offshore RMB market promoted. R&D of digital yuan in trial to be promoted.

 

Industrial Economy

*As data shown by CAEV that China Aug power battery installment of 27.8KWh, up 121% y/y and 14.7% m/m with CATL, BYD and CALB top the three.

*Safe and quality development of nuclear power to be enhanced under research by 5 departments with new round of industrial wide quality improvement actions to be carried forward.

*China to extend centralized procurement of coronary stents for 3 years with highest efficient offering price set at 798yuan per unit and price of supporting service set at 50yuan per unit.

 

Co Focus

*BMW group announced battery purchase contracts signed with CATL and EVE, worth over tens of billions of euros and the two parties to build up plants in annual capacity of 20GWh each.

 

Sep 9th Block Trade

*Block Trade Info

*Discount

-Oriental Yuhong Waterproof (002271 CH) saw 7 block trades worth 322mn at 27.89 yuan per share, 7.79 discount from last closing.

-Kweichow Moutai (600519 CH) saw 2 block trades worth 109mn at 1815 yuan per share, 1.61 discount from last closing.

-Haitian Flavouring and Food (603288 CH) saw 3 block trades worth 749mn at 70.88 yuan per share, 10.73 discount from last closing.

*Premium

-China CSSC (600150 CH) saw 1 block trade worth 982mn at 26.90 yuan per share, 0.41 premium from last closing.

-China Shipbuilding (600482 CH) saw 1 block trade worth 678mn at 16.88 yuan per share, 0.60 premium from last closing.

 

*Margin Trade

 

*Connection Trade

 

 

*Index Futures

 

 

*Index Options

 

 

*Treasury Futures

 

Commodities (night session):

* Global crude oil price closed up collectively. October NYMEX contract up 1.44% to closed at $88.04/b, November Brent contract up 1.49% to closed at $94.22/b..

* Precious metals closed up. COMEX gold contract up 0.39% to closed at $1735.4/oz.

* Metals closed up collectively, LME nickel up 6.11%, LME copper up 1.88%, LME lead up 1.83%, LME tin up 1.7%, LME zinc up 1.31%.

 

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