DZ20221116

 

Industrial Economy

*Ministry of Culture and Tourism issued notice to further optimize covid control which pointed out to optimize administration of cross-province tourism with related operations no longer be managed along with risky regions. Cross-border/border group tours are still suspended.

*National Medical Products Administration in research to further enhance service for medical foreign firms which emphasized to accelerate examination and approval of drugs and medical equipment with quality supervision tightened on anti-pandemic products and to promote key projects launch.

*Several lithium power firms responded to market rumors saying price of lithium carbonate at battery level approaches cny 600k per ton and production scheduling been cut by lithium power plants as untrue. Yunnan Energy (002812 CH) suggest company is in full capacity with supply falls short of demand and CATL (300750 CH) hold optimistic views on market demand in 2023 with no adjustment planned for production.

*National Association of Financial Market Institutional Investors is under review of Mideadc’s cny 15bn shelf offering after Longfor Group completed registration of cny 20bn MTN.

 

Co Focus

*Tesla China largely shortens product delivery cycle from 4-8 weeks to 1-5 weeks.

 

Nov 15th Block Trade

*Block Trade Info

*Discount

- China Rare Earth (000831 CH) saw 1 block trade worth 38mn at 33.9 yuan per share, 1.42 discount from last closing.

- Sinosteel New Materials Co.(002057 CH）saw 2 block trades worth 20mn at 8.89 yuan per share, 13.01 discount from last closing.

- Zhejiang Shibao Co. (002703 CH）saw 2 block trades worth 57mn at 8.77 yuan per share, 13.65 discount from last closing.

- Yiheda Auto. (301029 CH) saw 4 block trades worth 75mn at 72.72 yuan per share, 1.02 discount from last closing.

- Tanyuan Tech (603133 CH）saw 2 block trades worth 48mn at 11.5 yuan per share, 15.13 discount from last closing.

- Longshine Tech (300682 CH）saw 6 block trades worth 61mn at 23.62 yuan per share, 9.78 discount from last closing.

- Montage Tech (688008 CH）saw 7 block trades worth 71mn at 62.14 yuan per share, 12.83 discount from last closing.

- Ingenic Semiconductor Co. (300223 CH）saw 4 block trades worth 108mn at 78.56 yuan per share, 2.00 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 mostly. December NYMEX contract up 1.11% to closed at $86.82/b, January Brent contract up 0.64% to closed at $93.74/b. INE crude oil active contract down 0.89% to closed at 648.1 yuan/b.

* Precious metals closed up collectively. COMEX gold contract up 0.3% to closed at $1782.2/oz. SHFE gold active contract up 0.07% to closed at 405.7 yuan/gram.

* Metals closed up mostly, LME tin up 6.54%, LME nickel up 2.43%, LME aluminum up 0.63%. LME zinc up 0.51%. SHFE tin up 3.60%, SHFE nickel up 0.92%, bonded copper down 0.58%, SHFE copper down 0.55%.

* Commodity futures closed mixed. Energy & chemistry futures saw mixed performance, LPG down 2.1%, soda ash up 1.3%. Black series closed up mostly, steel rebar up 1.53%, iron ore up 1.18%. Agricultural products closed mixed, cotton up 1.13%, rapeseed meal down 1.4%.

 

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