DZ20221104

 

Financials

*Yi Gang, head of PBoC pointed out the construction of modern central bank system is a key financial work. System of monetary policy will be optimized to maintain stable currency, enhance elasticity of currency at reasonable level. Financial reform will be deeply promoted to better serve the real economy and modern financial supervision to be strengthened.

*According to Q3 reports disclosed, social insurance funds ranks as top 10 shareholder for over 500 listed companies and in total holds market value over cny 350bn.

 

Industrial Economy

*Ministry of Housing said no plan was issued on massive construction of state-owned dining halls as was misinterpreted by market.

*CPCAAUTO: estimated NEV wholesale in Oct of 680mio units, up 1% m/m and 87% y/y. The preliminary data of Tesla China wholesale in Oct of 71.7k units.

 

Co Focus

*China Telecom clarified rumors saying it signed strategic cooperation contract with Ali Group as untrue.

 

Nov 4th Block Trade

*Block Trade Info

*Discount

- SMIC (688981 CH) saw 3 block trades worth 94mn at 40.83 yuan per share, 2.9 discount from last closing.

- Zhejiang Construction (002761 CH）saw 3 block trades worth 88mn at 23.18 yuan per share, 0.69 discount from last closing.

- Offcn Education Tech (002607 CH）saw 10 block trades worth 110mn at 4.33 yuan per share, 13.4 discount from last closing.

- Kinglai Hygienic Materials Co. (300260 CH）saw 2 block trades worth 37mn at 102.43 yuan per share, 2.3 discount from last closing.

- Marubi Biotechnology Co. (603983 CH）saw 3 block trades worth 77mn at 25.7 yuan per share, 18.18 discount from last closing.

- Red Avenue New Materials (603650 CH）saw 12 block trades worth 86mn at 32.55 yuan per share, 11.86 discount from last closing.

*Flat

- China National Gold (600916 CH）saw 2 block trades worth 200mn at 7.68 yuan per share, 0.00 discount from last closing.

- Xinfengming Group Co (603225 CH）saw 5 block trades worth 63mn at 8.44 yuan per share, 0.00 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 down collectively. December NYMEX contract down 2.28% to closed at $87.95/b, January Brent contract down 1.87% to closed at $94.36/b. INE crude oil active contract closed at flat and quoted at 696.5 yuan/b. Crude oil prices corrected after two days increase due to hawkish announcement of Fed.

* Precious metals closed down collectively. COMEX gold contract down 1.08% to closed at $1632.1/oz. SHFE gold active contract down 0.43% to closed at 390.30 yuan/gram.

* Metals closed down mostly, LME nickel down 5.78%, LME tin down 2.55%, LME zinc down 1.27%, LME lead up 1.03%. SHFE nickel down 2.02%, SHFE tin down 1.69%, SHFE zinc up 0.83%.

* Commodity futures closed up mostly. Energy & chemistry futures saw strong performance, PTA up 2.76%, ployster staple fiber up 2.32%, glass up 1.92%, PVC up 1.51%, MEG up 1.11%, fuel oil up 1%. Black series closed up collectively, iron ore up 1.35%, coking coal up 0.99%. Agricultural products closed up mostly, cotton yarn up 1.29%, cotton up 1.28%.

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