DZ20221010
 

Financials

* China Sept forex reserve of usd 3.02896tn, vs previous of usd 3.05488tn.

* China Sept Caixin composite PMI of 48.5, manufacturing PMI of 48.1 and service PMI of 49.3, all down to the shrinkage range.

* PBoC published article saying to insist reform and opening up with RMB globalization steadily promoted. Key points include 1) better system design, policy support and market cultivation with coordination of domestic and foreign currencies enhanced; 2) promote financial market transform to comprehensive system type and improve liquidity of RMB financial asset. Investment procedure of foreign investors to be further simplified with investable asset categories to be enriched; 3) bilateral currency swap and LCS to be promoted; 4) offshore RMB liquidity supply mechanism to be optimized for virtuous cycle of both onshore and offshore mkt.

 

Holiday Data

* China domestic tourists during the National Day Holiday of 422mio, down 18.2% y/y and recovered to around 60.7% of 2019 level with tourism income of cny 287.2bn realized, down 26.2% y/y and recovered to 44.2% of 2019 level.

 

Industrial Economy

* U.S. government included 31 Chinese firms, research institutes and other entities into “unidentified list”in constraints of ability to acquire U.S. semiconductor techniques under supervised.

* PBoC adjusted down loan rate of personal housing provident fund for first home by 0.15% from Oct 1st 2022 and rate of second home remains unchanged.

* Tax payers who sold self-owned house and purchase new house within a year are qualified for personal income tax refund on house sold from Oct 1st 2022 to Dec 31st 2023.

 

Co Focus

* BYD signed cooperation contract with SIXT and the latter will purchase at least 100k units of NEV in coming 6 years for NEV rental service in European market.

* Haitian Flavoring issued two statements in response to market doubts on its“double standards”on usage of additives that the whole process complies with regulations.

 

Sep 30th Block Trade

*Block Trade Info

*Discount

- Enwei Pharmaceutical (300653 CH）saw 4 block trades worth 58mn at 48.89 yuan per share, 11.37 discount from last closing.

- Gigadevice Semiconductor (603986 CH）saw 7 block trades worth 60mn at 89.73 yuan per share, 4.29 discount from last closing.

- Dongguan Eontec Co. (300328 CH) saw 5 block trade worth 36mn at 6 yuan per share, 18.03 discount from last closing.

- Wanhua Chemical Group (600309 CH) saw 1 block trade worth 242mn at 80.54 yuan per share, 12.55 discount from last closing.

- Three-Circle (Group) Co.(300408 CH) saw 2 block trades worth 25mn at 22.99 yuan per share, 11.71 discount from last closing.

- Pylon Tech (688063 CH) saw 10 block trades worth 64mn at 373.74 yuan per share, 6.46 discount from last closing.

- Micro-Tech (Nanjing) Co. (688029 CH) saw 18 block trades worth 112mn at 68.61 yuan per share, 9.72 discount from last closing.

- Meinian Healthcare Holdings Co. (002044 CH) saw 7 block trades worth 34mn at 10.54 yuan per share, 10.54 discount from last closing.
 

*Margin Trade

*Connection Trade

*Index Futures

*Index Options

 

*Treasury Futures

 

Commodities (night session):

* Global crude oil price closed up collectively. November NYMEX contract up 5.37% to closed at $93.20/b, 17.25% increase for the week. December Brent contract up 4.16% to closed at $98.35/b, a 15.66% increase weekly.

* Precious metals closed down collectively. COMEX gold contract down 1.1% to closed at $1701.8/oz, 1.78% increase for the week.

* Metals closed down collectively LME zinc down 4.97%, a 0.08% decrease weekly, LME tin down 4.17%, down 6.37% weekly, LME aluminum down 2.58%, LME copper down 1.91%, LME nickel down 1.61%.

 

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