DZ20221107

 

Covid

*The State Council said to insist dynamic zero policy unchanged with virus control measures optimized as its incubation, transmissibility and pathogenicity change.

*Xinjiang province announced to stop managing close contacts for covid patients tested positive while have no symptoms and Ct value ≥35.

 

Financials

*Ministry of Human Resource and 4 other departments jointly issued administrative method of personal pension fund which clarified specific rules on participation procedure, management, information disclosure and supervision. The maximum amount of subscription is cny 12k per participant and the pension fund account will be in close operation.

*Fang Xinghai, vice chairman of CSRC said to further facilitate cross-border investment and support development of cross-border financing with connect mechanism like GDR and CDR optimized. Legitimate overseas listing is support with related system reform to be implemented.

 

International Relationship

*Foreign minister of France said president Macron will visit China in future weeks or months, though spokesman of MoF said nothing can be disclosed yet.

 

Industrial Economy

*China Aviation Supplies Holding signed purchase contract with Airbus on 140 airplanes worth usd 17bn on Nov 4th.

 

Co Focus

*Berkshire Hathaway sold 3.297mio shares of BYD H-share at 169.87 HK dollar per share on Nov 1st and cut holding to 17.92% as its third stake cut on BYD with around 1.4bn HK dollars cashed out, according to data disclosed by HKEX.

 

Nov 4th Block Trade

*Block Trade Info

*Discount

- SMIC (688981 CH) saw 6 block trades worth 173mn at 41.13 yuan per share, 2.43 discount from last closing.

- Avic Jonhon Optronic Tech (002179 CH）saw 3 block trades worth 62mn at 61.65 yuan per share, 3.11 discount from last closing.

- Offcn Education Tech (002607 CH）saw 7 block trades worth 214mn at 4.5 yuan per share, 12.28 discount from last closing.

- Zhenhua E-Chem Inc. (688707 CH）saw 5 block trades worth 44mn at 54.71 yuan per share, 6.4 discount from last closing.

- Salubris Pharmaceuticals Co.(002294 CH）saw 2 block trades worth 72mn at 31.26 yuan per share, 2.5 discount from last closing.

- Sunoren Solar Tech (603105 CH）saw 12 block trades worth 50mn at 13.3 yuan per share, 12.1 discount from last closing.

- Will Semiconductor Co. (603501 CH）saw 2 block trades worth 303mn at 73.8 yuan per share, 9.6 discount from last closing.

- Meinian Healthcare Holdings Co. (002044 CH）saw 7 block trades worth 49mn at 4.27yuan per share, 13.39 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. December NYMEX contract up 5.02% to closed at $92.60/b, January Brent contract up 4.21% to closed at $98.66/b. INE crude oil active contract up 2.59% to closed at 718.1 yuan/b.

* Precious metals closed up collectively. COMEX gold contract up 3.36% to closed at $1685.7/oz. SHFE gold active contract up 0.85% to closed at 393.34 yuan/gram.

* Metals closed up mostly, LME copper up 7.02%, LME zinc up 6.78%, LME tin up 6.27%, LME nickel up 4.37%, LME aluminum up 4.13%. SHFE tin up 6.26%, bonded copper up 4.82%, SHFE copper up 4.41%, SHFE zinc up 3.97%.

* Commodity futures closed up collectively. Energy & chemistry futures saw strong performance, soda ash up 3.06%, PTA up 2.35%, TSR 20 up 2.18%, EB up 2.16%, fuel oil up 2.12%, LLPE up 1.6%. Black series closed up collectively, coking coal up 4.06%, iron ore up 4.01%, coke up 3.97%, hot-rolled coil up 1.72%, steel rebar up 1.64%. Agricultural products closed up mostly, rapeseed oil up 2.83%, cotton up 2.71%, corn starch up 2.24%, cotton yarn up 1.8%, RBD palm olein up 1.48%, rapeseed meal up 1.41%.

 

 

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