DZ20221122

 

Financials

*Yi Huiman, head of CSRC said to formulate new round of 3-year action plan in improving quality of listed firms, support reasonable financing demand of property firms, promote reform of registration system and optimize risk alert system of capital market.

*Guo Shuqing, head of CBIRC suggest net value fluctuation of partial bank financial products is triggered by optimism toward economy recovery and overall risk is controllable.

 

Industrial Economy

*MIIT and 2 other departments jointly issued notice to revitalize industrial economy which pointed out to deeply implement special action in development of advanced manufacturing cluster, focusing on new generation info tech, high-end equipment, new material and new energy fields. Digital economy to be developed in accelerated pace in construction of digital industrial cluster with global competitiveness.

*PBoC and CBIRC jointly held credit work conference with commercial banks in research of financial supports in stabilizing economic fundamentals. PBoC plans to support building delivery and to provide targeted cny 200bn interest-free refinancing to commercial banks as of March 31st 2023 in close operation.

*Central government supports 10 dominant seeds related firms to tackle key problems independently and to continuously improve core R&D, industrial driving force and market competitiveness.

 

Nov 21st Block Trade

*Block Trade Info

*Discount

- C.Q.Pharmaceutical Holding Co. (000950 CH) saw 6 block trades worth 39mn at 5.25 yuan per share, 8.85 discount from last closing.

- Cofco Tech (301058 CH）saw 5 block trades worth 23mn at 15 yuan per share, 10.29 discount from last closing.

- Jonjee Hi-Tech Co. (600872 CH）saw 3 block trades worth 56mn at 31.59 yuan per share, 8.16 discount from last closing.

- Yinbang Clad Material Co. (300337 CH) saw 1 block trade worth 138mn at 8.41 yuan per share, 4.21 discount from last closing.

- YHLO Biotech Co. (688575 CH）saw 3 block trades worth 72mn at 23.86 yuan per share, 0.79 discount from last closing.

- Longshine Tech (300682 CH）saw 12 block trades worth 89mn at 23.94 yuan per share, 8.31 discount from last closing.

- Huarui Precision Co. (688059 CH）saw 3 block trades worth 30mn at 150.6 yuan per share, 1.67 discount from last closing.

- Aohua Photoelectricity Endoscope Co. (688212 CH）saw 5 block trades worth 109mn at 57.4 yuan per share, 2.78 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 0.17% to closed at $80.25/b, January Brent contract up 0.11% to closed at $87.72/b. INE crude oil active contract down 0.47% to closed at 597.4 yuan/b. NYMEX and Brent oil dropped over 6% in the night session due to message showed that Saudi Arabia and other OPEC members are considering higher the productivity by 500,000 b/d. The Saudi energy minister disproved the message later and oil price rebounded and closed with slight increase.

* Precious metals closed down collectively. COMEX gold contract down 0.85% to closed at $1739.5/oz. SHFE gold active contract down 0.13% to closed at 404.74 yuan/gram.

* Metals closed down collectively, LME tin down 6.02%, LME zinc down 3.79%, LME copper down 2.24%, LME lead down 2.09%, LME aluminum down 2.06%. SHFE zinc down 2.77%, SHFE tin down 1.80%, bonded copper down 1.53%, SHFE copper down 1.31%.

* Commodity futures closed down mostly. Energy & chemistry futures saw weak performance, PTA down 2.97%, polyster staple fiber down 2.55%, fuel oil down 2.53%, bitumen down 2.36%, methanol down 2.3%, EB down 1.63%. Black series closed mixed, iron ore up 0.2%, coking coal down 0.86%. Agricultural products closed down mostly, rapeseed oil down 1.94%, soybean oil down 1.52%, RBD palm olein down 1.12%.



Download PDF
 

 

DISCLAIMER

The report is issued by Orient Securities Co. LTD (Orient Securities) and Shanghai Orient Futures Co. LTD (Orient Futures) to institutional investors. Opinions expressed may differ from those of other divisions of Orient Securities, including Orient Securities Research Institute. Orient Securities may trade as principal in instruments identified herein and may accumulate/have accumulated a long or short position in instruments or derivatives thereof. Orient Securities has policies designed to negate conflicts of interest. This e-mail is not an official confirmation of terms and unless stated, is not a recommendation, offer or solicitation to buy or sell. Any prices or quotations contained herein are indicative only. Communications may be monitored.