DZ20221031

 

Financials

*PBoC: China end-Sept outstanding property loans of cny 53.29tn, up 3.2% y/y while saw growth narrowed 4.7% vs last year end and end-Sept property development loan balance of cny 12.67tn, up 2.2% y/y.

*CBIRC: strong trend of RMB stays unchanged in the long-term, investors who sell RMB and buy foreign currencies will certainty regret in the future.

*CSDCC: China new investors in Sept of 1.03mio, down 17.3% m/m and outstanding investors of 209.64mio.

*Yi Gang, head of PBoC reported on financial work and said to 1) further implement stable monetary policy; 2) enhance and optimize financial supervision; 3) step up financial supports on real economy; 4) deepen financial reform and opening-up; 5) actively prevent and resolve financial risk.

 

Industrial Economy

*NDRC and National Energy Administration issued notice in promoting healthy development of PV which urges polysilicon producers to keep price reasonable and to support advanced capacity of polysilicon to reach production target set on schedule. Besides, low-cost industrial techniques including high-efficient crystalline silicon cells.

*The State Council issued guidance on construction of national big data system for integrated administration which suggests its completion by end 2023.

*The first batch of STAR board market makers will officially carry out market trading business on Oct 31st.

 

Oct 28th Block Trade

*Block Trade Info

*Discount

- Guangxin Agrochemical (603599 CH) saw 6 block trades worth 159mn at 28.19 Yuan per share, 6.99 discount from last closing.

 

*Premium

- Salt Lake Industry (000792 CH) saw 1 block trades worth 600mn at 23.58 Yuan per share, 7.92 premium from last closing.

- Inovance Tech (300124 CH) saw 1 block trades worth 144mn at 65.00 Yuan per share, 0.26 premium from last closing.

 

*Flat

- Dongshan Precision Manufacturing (002384 CH) saw 2 block trades worth 46mn at 24.20 Yuan per share, 0 discount from last closing.

- Foxconn Industrial Internet (601138 CH) saw 2 block trade worth 119mn at 8.28 Yuan per share, 0 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 down collectively. December NYMEX contract down 0.79% to closed at $88.38/b, January Brent contract down 0.86% to closed at $94.22/b. INE crude oil active contract down 0.32% to 686.0 yuan/b.

* Precious metals closed down collectively. COMEX gold contract down 1.04% to closed at $1648.3/oz. SHFE gold active contract down 0.57% to closed at 390.88 yuan/gram.

* Metals closed down mostly, LME zinc down 4.13%, LME tin down 3.32%, LME copper down 2.67%, LME aluminum down 2.34%, LME lead up 6.81%. SHFE zinc down 3.08%, SHFE tin down 2.07%, SHFE aluminum down 1.86%, SHFE copper down 1.69%. SHFE lead up 1.13%.

* Commodity futures closed down collectively. Energy & chemistry futures saw a weak performance, TSR 20 down 3.43%, natural rubber down 3.05%, PTA down 3.03%, bitumen down 2.65%, soda ash down 2.01%, bleached softwood kraft pulp down 1.55%. Black series closed down collectively, coke down 3.49%, iron ore down 3.48%, steel rebar down 2.87%, hot-rolled coil down 2.45%, coking coal down 2.27%. Agricultural products closed down collectively, RBD palm olein down 2.98%, rapeseed oil down 2.63%, cotton down 2.13%, soybean oil down 2.12%, No.2 soybeans down 1.57%.

 

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