DZ20221103

 

Covid

*Guiyang city adjusted policy of acid test for covid and self-paying on voluntary principal took effect from Nov 1st, though entry of certain public sites still requires green health code and negative test certificate.

*Several local cities issued notices saying no covid acid test certificates required for public transportation like trains and flights, except for entry into Beijing.

 

Industrial Economy

*Hangzhou city issued opinions in promoting high-quality development of green energy industry which pointed out to propel PV industry, carry forward construction of wind power projects and promote construction of roof distributive PV development in trial.

*CPCAAUTO: China Oct retail sales of passenger vehicles of 1.905mio units according to preliminary statistics and up 11% y/y.

*MoF and Civil Aviation adjusted subsidy policy on domestic passenger flights which removed requirement of “flight volume below or equal to 4500”and the rest remains the same.

 

Co Focus

*China Unicom suggest the set-up of new joint company with Tencent will not alter stake change of mother companies and is not a mixed-ownership reform as interpreted by market.

*Ali Group signed strategic cooperation contract with China Telecom on Nov 2nd which aims to well play respective advantages with innovative cooperation to be carried forward in platform smart city, digital government, data center, telecom and smart family fields.

*Huawei officially issued foldable mobile phone HUAWEI Pocket S, equipped with Harmony OS 3.0 and 400mAh battery, priced at 5988 yuan and above.

 

Nov 3rd Block Trade

*Block Trade Info

*Discount

- SMIC (688981 CH) saw 3 block trades worth 93mn at 40.6 yuan per share, 2.89 discount from last closing.

- Avic Optronic Tech (002179 CH）saw 3 block trades worth 61mn at 61.67 yuan per share, 3.49 discount from last closing.

- Perfect World Co. (002624 CH）saw 3 block trades worth 26mn at 10.71 yuan per share, 10.75 discount from last closing.

- CATL (300750 CH）saw 3 block trades worth 446mn at 323.13 yuan per share, 17.46 discount from last closing.

- Montage Tech (688008 CH）saw 7 block trades worth 39mn at 55 yuan per share, 7.69 discount from last closing.

-Jalon Micro-nano New Materials Co. (688357 CH）saw 6 block trades worth 42mn at 84.64 yuan per share, 13.3 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 1.11% to closed at $89.35/b, January Brent contract up 1.07% to closed at $95.66/b. INE crude oil active contract up 0.63% to 700.4 yuan/b. EIA data showed a decline of oil storage and crude oil production.

* Precious metals closed mixed. COMEX gold contract down 0.73% to closed at $1637.7/oz. SHFE gold active contract up 0.51% to closed at 393.84 yuan/gram.

* Metals closed up mostly, LME nickel up 1.74%, LME zinc up 0.77%, LME lead up 0.73%, LME copper down 0.16%. SHFE nickel up 1.51%, SHFE lead down 0.26%.

* Commodity futures closed up mostly. Energy & chemistry futures saw mixed performance, MEG up 1.73%, TSR 20 up 1.48%, methanol up 1.18%, LPG up 1.15%, bitumen down 1.36%. Black series closed up collectively, coke up 0.95%, iron ore up 0.8%. Agricultural products closed mixed, RBD palm olein up 1.33%, soybean oil up 1.02%, rapeseed meal down 2.25%, soybean meal down 1.46%, corn down 1.42%.

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