DZ20221206

 

Covid

*China may announce 10 new covid measures on Dec 7th, Reuters reported.

*Head of Beijing Respiratory Diseases Research Institute suggests omicron variant saw pathogenicity much weakened vs delta variant and lead to lower chance of severe infections.

 

Financials

*China Financial Futures Exchange is seeking for public opinion on option contract of SSE 50 index and related trading rules.

 

Industrial Economy

*China Eastern Airline to get C919 plane delivery on Dec 9th and will officially used in commercial operation after safe test.

*BYD, Trina Solar and Longi responded to preliminary determination of anti-circumvention investigation on PV battery and parts posted by U.S. Commerce Department that the preliminary determination does not have legal effect and companies saw normal custom clearance for now.

 

Co Focus

*Sungrow (300274 CH) slumped on Dec 5th after rumors out saying it largely adjusted down guidance of product delivery. Its latest investigation summary revealed normal adjustment for tighten supply chain. It adjusted down household energy storage delivery from 80-100k units to 60-70k units and estimate for year 2023 down from 400-500k to 300-400k units, still in explosive growth.

 

Dec 5th Block Trade

*Block Trade Info

*Discount

- Zhongtai Cryogenic Tech (300435 CH) saw 3 block trades worth 42mn at 13.35 yuan per share, 12.86 discount from last closing.

- Offcn Education Tech (002607 CH）saw 6 block trades worth 69mn at 4.51 yuan per share, 12.77 discount from last closing.

- China Hi-Tech (600730 CH）saw 4 block trades worth 28mn at 21.15 yuan per share, 17.74 discount from last closing.

- Dongbao Bio-Tech (300239 CH）saw 2 block trades worth 33mn at 6.19 yuan per share, 19.92 discount from last closing.

- Eastern Air Logistics Co. (601156 CH）saw 3 block trades worth 18mn at 15.19 yuan per share, 8.99 discount from last closing.

- Kweichow Moutai Co. (600519 CH）saw 2 block trades worth 270mn at 1572.45 yuan per share, 5.55 discount from last closing.

- Haitian Flavouring (603288 CH) saw 4 block trades worth 40mn at 70.66 yuan per share, 7.64 discount from last closing.

- Montage Tech (688008 CH）saw 7 block trades worth 60mn at 60.15 yuan per share, 10.00 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. January NYMEX contract down 3.26% to closed at $77.37/b, February Brent contract down 2.94% to closed at $83.05/b. INE crude oil active contract down 4.8% to closed at 543.1 yuan/b.

* Precious metals closed down collectively. COMEX gold contract down 1.55% to closed at $1781.5/oz. SHFE gold active contract down 1.32% to closed at 402.28 yuan/gram.

* Metals closed mixed, LME tin up 5.22%, LME lead up 1.29%, LME tin up 1.17%, LME aluminum down 1.51%, LME nickel down 1.25%, LME copper down 1.07%. SHFE tin up 1.91%, SHFE nickel up 1.05%, bonded copper down 1.16%.

* Commodity futures closed down mostly. Energy & chemistry futures saw weak performance, soda ash down 3.37%, PTA down 1.83%, methanol down 1.59%, PVC down 1.51%, LPG down 1.4%. Black series closed down collectively, coke down 1.49%, iron ore down 0.96%. Agricultural products closed mixed, cotton yarn up 1.05%, RBD palm olein down 2.3%.

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