DZ20221228

 

Policy

*National Immigration Administration said to optimize immigration administrative policy from Jan 8th 2023 with acceptance of passport application and HK travels to resume in steps.

 

Industrial Economy

*Ministry of Agriculture held meeting emphasized to formulate plan of agricultural construction for strong nation with roadmaps in stages clarified. Stable supply of major agricultural products and food was emphasized with high-standard farm land to be developed and new round of food capacity improving action targeting on hundreds of billions of jin to be promoted.

 

Co Focus

*Tesla Shanghai plant to keep plan of capacity reduction in 2023 and it will operate 17 days in Jan with production to be suspended after and extend lunar new year vacation, according to someone familiar with this matter.

*Tongwei solar announced price of battery slice on 182mm and 210mm monocrystalline PERC batteries at 1.07yuan and 1.06yuan per W, largely declined vs last offering, Securities Journal reported.

 

Dec 27th Block Trade

*Block Trade Info

*Discount

- Contemporary Amperex Technology (300750.SZ）saw 1 block trades worth 908 mn at 363.53 RMB per share, 10% discount from last closing.

- Hec Technology (600673.SH) saw 1 block trades worth 387mn at 7.8 RMB per share, 9.93% discount from last closing.

- Offcn Education (002607. SZ) saw 2 block trade worth 220mn at 4.89 RMB per share, 9.94% discount from last closing.

*Flat

- Clou Electronics (002121.SZ）saw 1 block trades worth 60mn at 9.14 RMB per share, 0.65% discount from last closing.

*Premium

- Yowant Technology (002291.SZ）saw 1 block trades worth 267 mn at 14.68 RMB per share, 6.07% premium from last closing.

- Pharmaron (300759.SZ) saw 1 block trades worth 63mn at 63.15 RMB per share, 3.88% premium from last closing.

- China Merchants Bank (600036. SH) saw 1 block trade worth 48mn at 36.67 RMB per share, 2.00% 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. February NYMEX contract up 0.39% to closed at $79.87/b, March Brent contract up 0.71% to closed at $85.10/b. INE crude oil active contract up 0.89% to 568.3 yuan/b.

* Precious metals closed up collectively. COMEX gold contract up 1.01% to closed at $ 1814/oz. SHFE gold active contract up 0.57% to closed at 409.58 yuan/gram.

* Metals closed up collectively. SHFE tin up 4.10%, SHFE nickel up 2.58%, SHFE zinc up 0.95%, bonded copper up 0.79%, copper up 0.63%.

* Commodity futures closed mixed. Energy & chemistry futures saw a mixed performance, LLDPE up 0.88%, methanol up 0.87%, fuel oil down 1.05%, LPG down 0.92%. Black series closed down collectively, coke down 3.01%, coking coal down 2.69%. Agricultural products went up mostly, rapeseed oil up 2.13%, cotton yarn up 2.02%, corn starch up 1.77%, soybean oil up 1.2%, RBD palm olein up 1.07%, corn up 1.01%.

 

 

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