DZ20220926

 

Financials

* PBoC issued 2022 RMB global report which said to promote opening-up and transformation of financial market to comprehensive system type with liquidity of RMB financial asset to be improved. China has abundant room for monetary policy with multiple favorable conditions left to maintain economic operation within reasonable range, help accelerating RMB globalization.

 

Industrial Economy

* Several banks and fund companies are getting system prepared for personal pension fund with joint test completed by some banks and funds started from aspects of production, system and investor education.

* CBIRC said when introducing risk prevention in key fields that financial bubble trend of property industry been substantially reversed.

* Presale units of iPhone14 series in 7 days after issuance on Tmall platform up 7% vs iPhone 13 series with sales up 17% y/y. Version wise, presale of standard version down 70% y/y while pro series up 56% y/y.

 

Co Focus

* Gree Electric jointly set up Guangdong pre-made food equipment industry development union with Guolian Aquatic and JD Logistics, Securities Journal reported.

 

Sep 23rd Block Trade

*Block Trade Info

*Discount

- Xiamen Intretech Inc. (002925 CH) saw 1 block trade worth 103mn at 16.79 yuan per share, 10.07 discount from last closing.

- Yulong Gold Co. (601028 CH) saw 3 block trades worth 57mn at 22.5 yuan per share, 0.97 discount from last closing.

- Rainbow Digital (002419 CH) saw 6 block trades worth 22mn at 5.52 yuan per share, 12.24 discount from last closing.

- Visual China (000681 CH) saw 3 block trades worth 99mn at 10.21 yuan per share, 6.16 discount from last closing.

 

-Premium

- Zhongyuan Huadian Sci & Tech (300018 CH) saw 5 block trades worth 82mn at 8.52 yuan per share, 25.29 premium from last closing.

- Aluminum of China（601600 CH）saw 1 block trade worth 883mn at 4.43 yuan per share, 0.68 premium from last closing.

- Oriental Yuhong (002271 CH) saw 4 block trades worth 56mn at 27.35 yuan per share, 0.04 premium from last closing.

- SAIC Motor (600104 CH) saw 1 block trade worth 1060mn at 14.78 yuan per share, 0.07 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 down collectively. November NYMEX contract down 4.86% to closed at $79.43/b, December Brent contract down 4.17% to closed at $85.80/b. INE crude oil active contract down 4.09% to 629.0 yuan/b.

* Precious metals closed down collectively. COMEX gold contract down 1.75% to closed at $1651.7/oz. SHFE gold active contract down 0.73% to closed at 384.74 yuan/gram.

* Metals closed down collectively, LME tin down 6.51%, LME nickel down 4.81%, LME copper down 3.07%, LME zinc down 2.86%. SHFE tin down 4.61%, SHFE nickel down 2.65%, bonded copper down 2.38%, SHFE copper down 1.98%.

* Commodity futures closed down collectively. Energy & chemistry futures saw a weak performance, fuel oil down 4.3%, PTA down 2.82%, methanol down 2.45%, polyester staple fiber down 2.1%, bitumen down 2.05%. Black series went down collectively, coke down 1.47%, coking coal down 1.45%, iron ore down 1.18%, hot-rolled coil down 0.92%. Agricultural products closed down mostly, RBD palm olein down 3.44%, cotton down 3.25%, soybean oil down 2.19%, cotton yarn down 2.07%, sugar down 1.31%.

 

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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.