DZ20221215
 

Policy

*The State Council issued strategic plan for expansion of domestic demand during 2022-2025 which pointed out to boost potentials of travelling and consumption with construction of supported infrastructure like parking lots, power charging facilities and hydrogen fueling stations to be strengthened. Expectation guidance of property market to be enhanced with rigid housing demand supported while speculation restricted. Process of population aging will be adapted with birth policies matching with economic social policies to be promoted. Healthy development of tax-free industry is supported and to advance construction of Hainan international tourism and consumption center.

 

Financials

*Shanghai state-owned capital FOF was set up in total scale of cny 50bn, aiming to serve national strategy and key tasks with cultivation of strategic industry to speed up for high-quality development of state-owned enterprises.

 

Industrial Economy

*Shanghai issued 3-year action plan (2023-2025) in construction of smart nursing homes which aims to complete 100 nursing homes by end 2025.

 

Co Focus

*CATL signed MOU with Huawei terminal and the latter will recommend CATL as top pick partner of power battery for its smart vehicles.

*Guangzhou Auto (601238 CH) plans to invest cny 85-100bn in R&D of intelligent network and new energy during the 14th FY period and aims to realize vehicle sales of 3.5mio units by 2025 with operation income exceed cny 600bn.

 

*Dec 14th Block Trade

*Block Trade Info

*Discount

- Tianjintroila IT Co. (600225 CH) saw 8 block trades worth 263mn at 4.77 yuan per share, 5.92 discount from last closing.

- Zuojiang Tech (300799 CH）saw 7 block trades worth 245mn at 116.49 yuan per share, 17.03 discount from last closing.

- Offcn Education Tech (002607 CH) saw 2 block trades worth 75mn at 5.02 yuan per share, 5.10 discount from last closing.

- Yowant Tech (002291 CH) saw 3 block trades worth 39mn at 13.5 yuan per share, 8.47 discount from last closing.

- Will Semiconductor Co. (603501 CH) saw 3 block trades worth 50mn at 83.73 yuan per share, 1.00 discount from last closing.

*Flat

- Jolly Pharmaceutical Co. (300181 CH) saw 4 block trades worth 22mn at 10.68 yuan per share, 0.00 discount from last closing.

- China Pacific Insurance Co.(601601 CH) saw 1 block trade worth 99mn at 24.53 yuan per share, 0.00 discount from last closing.

- Wingtech Tech (600745 CH) saw 10 block trades worth 435mn at 54.41 yuan per share, 5.51discount 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. January NYMEX contract up 2.69% to closed at $77.42/b, February Brent contract up 2.7% to closed at $82.86/b. INE crude oil active contract up 2.52% to closed at 542.1 yuan/b.

* Precious metals closed down collectively. COMEX gold contract down 0.37% to closed at $1818.8/oz. SHFE gold active contract down 0.14% to closed at 406.8 yuan/gram.

* Metals closed mixed, LME zinc down 1.81%. LME lead down 1.31%, LME tin down 1.09%, LME copper up 0.32%. SHFE tin down 1.49%, SHFE zinc down 1.37%, SHFE nickel down 0.66%, SHFE aluminum up 0.03%.

* Commodity futures closed up mostly. Energy & chemistry futures saw strong performance, glass up 3.38%, soda ash up 2.25%, fuel oil up 1.76%, polyester staple fiber up 1.59%, PVC up 1.47%, bitumen up 1.41%. Black series closed up collectively, steel rebar up 2.12%, iron ore up 1.55%, coke up 1.55%, coking coal up 1.53%, hot-rolled coil up 1.46%. Agricultural products closed mixed, rapeseed oil up 1.02%, No.2 soybeans down 1.7%, soybean meal down 1.48%.

 

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