DZ20220929

 

Policy

* Premier Li Keqiang held work conference to stabilize economic fundamental in Q4 and emphasized to expand investment, promote consumption and mobilize initiatives of market entities and social capital with a batch of policies in stabilizing economy to be carried forward, policy development financial tools, special relending and fiscal discounting for instance.

* PBoC sets equipment upgrade relending quota for 21 financial institutions of over cny 200bn at 1-year rate of 1.75% and can be extended twice, which will be provided to firms in manufacturing and social service fields at rate no higher than 3.2%.

 

Financials

* The video conference of national forex discipline mechanism was held which emphasized no gamble on one-side appreciation or depreciation of yuan currency.

 

Industrial Economy

* Yellow phosphorus firms in Yunnan province saw overall capacity reduction and suspension since Sept 26th in administration of energy efficiency, which to send price high.

* CPCAAUTO: Retail sales of passenger vehicles in the 3rd week of Sept of 465k units, up 25% y/y.

 

Sep 28th Block Trade

*Block Trade Info

*Discount

- Zhongda Leader (002896 CH) saw 4 block trades worth 41mn at 26.98 yuan per share, 15.45 discount from last closing.

- Rastar Group (300043 CH) saw 4 block trades worth 47mn at 3.21 yuan per share, 0.00 discount from last closing.

- Sharetronic Data (300857 CH) saw 4 block trades worth 15mn at 18.54 yuan per share, 11.59 discount from last closing.

- Red Avenue New Materials (603650 CH) saw 8 block trades worth 41mn at 27.27 yuan per share, 8.43 discount from last closing.

- Shanghai Ailu（301062 CH）saw 2 block trades worth 39mn at 6.15 yuan per share, 22.93 discount from last closing.

- CMOC Group (603993 CH) saw 2 block trades worth 778mn at 4.89 yuan per share, 0.2 discount from last closing.

- S.C New Energy Tech (603993 CH) saw 9 block trades worth 67mn at 101.47 yuan per share, 11.58 discount from last closing.

 

*Flat

- Yili Industrial Group (600887 CH) saw 3 block trades worth 16mn at 32.36 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 up collectively. November NYMEX contract up 4.31% to closed at $81.88/b, December Brent contract up 3.61% to closed at $87.93/b. INE crude oil active contract up 2.59% to 629.0 yuan/b. US EIA report showed a reduction of crude oil storage by 210,000 barrels unexpectedly.

* Precious metals closed up collectively. COMEX gold contract up 1.97% to closed at $1668.5/oz. SHFE gold active contract up 0.92% to closed at 388.88 yuan/gram. Correction of USD and treasury yield supported gold price.

* Metals closed up mostly LME lead up 5.75%, LME copper up 1.71%, LME zinc up 1.69%, LME tin up 1.02%. bonded copper up 1.26%, SHFE copper up 1.25%, SHFE tin up 1.07%, SHFE nickel up 0.75%.

* Commodity futures closed mixed. Energy & chemistry futures saw a strong performance, bitumen up 3.51%, fuel oil up 1.99%, LLDPE up 1.3%, MEG up 0.99%, PTA up 0.95%. Glass down 2.53% on the contrast. Black series closed mixed, coke up 1.21%. Agricultural products closed down mostly, RBD palm olein down 2.91%.

 

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