DZ20221123

 

Covid

*Shanghai to further enhance health management of personnel in and out and new in will not be allowed in entry of public places like restaurants and shopping malls in the first 5 days, which to take effect from Nov 24th.

 

Financials

*GM of Shenzhen Stock Exchange suggested long-term investment value of SOE to be revealed. SOE based in Shenzhen saw CAGR of operation income and net profit by 18% and 35% respectively in recent 3 years, both exceed market average level.

 

Industrial Economy

*Data disclosed by National Energy Administration showed accumulated power installment capacity nationwide as of end Oct of 2.5bn kW, up 8.3% y/y. Wind power installment contributes 350 kW, up 16.6% y/y and solar power installment accounts for around 360mio kW, up 29.2% y/y.

*Ministry of Housing said to increase supply of affordable rental housings in cities with population inflow and high housing price during the 14th FY.

 

Co Focus

*Reuters reported saying China set to fine Ant Group over usd 1bn.

 

Nov 22nd Block Trade

*Block Trade Info

*Discount

- Jolly Pharmaceutical Co.(300181 CH) saw 6 block trades worth 150mn at 10.46 yuan per share, 0.97 discount from last closing.

- Zijin Rural Commercial Bank Co.(601860 CH）saw 15 block trades worth 76mn at 2.75 yuan per share, 9.17 discount from last closing.

- Zijin Mining Group (601899 CH) saw 96 block trades worth 1375mn at 9.54 yuan per share, 0.55 discount from last closing.

- Maxscend Microelectronics Co. (300782 CH）saw 26 block trades worth 249mn at 106.87yuan per share, 5.14 discount from last closing.

- Offcn Education Tech (002607 CH）saw 27 block trades worth 534mn at 4.33 yuan per share, 12.17 discount from last closing.

- Roadmaint Co. (603860 CH）saw 9 block trades worth 27mn at 20.46 yuan per share, 10.15 discount from last closing.

 

*Premium

- Palm Eco-Town Co. (002431 CH）saw 6 block trades worth 86mn at 4.02 yuan per share, 0.36 premium from last closing.

- Sinosteel Engineering & Tech Co. (000928 CH）saw 6 block trades worth 122mn at 6.33yuan per share, 1.25 premium 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 1.32% to closed at $81.10/b, January Brent contract up 0.77% to closed at $87.76/b. INE crude oil active contract up 2.99% to closed at 605.3 yuan/b.

* Precious metals closed mixed. COMEX gold contract up 0.07% to closed at $1740.8/oz. SHFE gold active contract down 0.12% to closed at 404.26 yuan/gram.

* Metals closed up mostly, LME tin up 4.33%, LME nickel up 4.15%, LME aluminum up 2.4%, LME copper up 1.46%. SHFE tin up 2.68%, SHFE nickel up 2.09%, SHFE zinc down 1.11%.

* Commodity futures closed down mostly. Energy & chemistry futures saw strong performance, fuel oil up 1.62%, methanol up 1.3%, LLDPE up 1.22%, bleached softwood kraft pulp up 1.18%, TSR 20 up 1.16%, natural rubber up 1.06%. Black series closed down collectively, iron ore down 1.9%. Agricultural products closed up mostly, RBD palm olein up 1.65%, soybean oil up 0.84%.

 

 

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