DZ20220920

Macro

*Premier Li Keqiang pointed out during phone call with Vietnam premier Phạm Minh Chính that Chinese economy is bearing against downward pressure with priority on stable employment and product price to maintain economic operation with reasonable range and in trend of recovery.

 

Industrial Economy

*Ministry of Culture and Tourism and 3 other depts jointly drafted administrative method of frontier tourism which encourages border regions to build up featured tourist destinations with preconditions of border tourism approval and travel document preparation cancelled.

*Ministry of Agriculture said to promote soybean meal reduction and replacement for energy saving in breeding industry and to protect food safety.

*Ministry of Ecology and Environment jointly issued action plan for Yangtze River protection and recovery which aims to realize harmless retreatment rate of household garbage in Yangtze River economic belt over 97%, utilization of fertilizer and pesticide over 43% and recycle ratio of agricultural film over 85%.

*Zhengzhou city has cut down payment ratio of second home to 40%, which been confirmed by Bank of communication and China Merchants Bank.

 

Sep 19th Block Trade

*Block Trade Info

*Discount

- Fuanna (002327 CH) saw 1 block trade worth 123mn at 7.43 yuan per share, 10.07 premium from last closing.

- Labway Clinical Laboratory (301060 CH) saw 3 block trades worth 40mn at 22.36 yuan per share, 1.74 discount from last closing.

- Risesun Real Estate (002146 CH) saw 2 block trades worth 72mn at 2.39 yuan per share, 8.43 discount from last closing.

- Shiyuan Electronic Tech (002841 CH) saw 13 block trades worth 65mn at 57.38 yuan per share, 7.00 discount from last closing.

- Rainbow Digital （002419 CH）saw 8 block trades worth 45mn at 5.57 yuan per share, 13.64 discount from last closing.

 

*Flat

- Hikvision (002415 CH) saw 4 block trades worth 33mn at 29.65 yuan per share, 0.00 discount from last closing.

- Kennede Electronics (002723 CH) saw 2 block trades worth 107mn at 13.4 yuan per share, 0.00 discount from last closing.

 

*Premium

- Fuanna (002327 CH) saw 1 block trade worth 123mn at 7.43 yuan per share, 10.07 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 up mostly. November NYMEX contract up 0.32% to closed at $85.03/b, December Brent contract up 0.42% to closed at $91.73/b. INE crude oil active contract down 1.42% to 640.2 yuan/b. Crude oil prices were supported by energy concern among European countries who will embargo Russia oil by the end of this year while dragged down by weak demand and increase of productivity of UAE.

* Precious metals closed up collectively. COMEX gold contract up 0.09% to closed at $1685/oz. SHFE gold active contract up 0.06% to closed at 385.04 yuan/gram. Strong USD performance may drive gold price fall below $1600/oz.

* Metals closed mixed, LME nickel up 1.74%, LME zinc up 0.27%, LME aluminum down 1.23%, LME lead down 0.37%. SHFE nickel up 0.36%, SHFE tin down 0.71%, SHEF aluminum down 0.61%.

* Commodity futures closed down mostly. Energy & chemistry futures saw a weak performance, methanol down 2.51%, PTA down 2.02%, fuel oil down 1.95%, polyester staple fiber down 1.37%, PVC down 1.17%, PP down 1.08%. Black series closed mixed, thermal coal up 3.85%, coke up 0.9%, hot-rolled coil down 1.3%. Agricultural products went down mostly, RBD palm olein down 3.07%, rapeseed oil down 1.85%, cotton down 1.83%, soybean oil down 1.5%, cotton yarn down 1.35%.

 

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