DZ20221229

 

Policy

*National development and reform work conference was held on Dec 28th which said to revitalize market confidence, expand effective domestic demand, play the fundamental and key role of consumption and investment respectively. Bottleneck in constraint of high-quality development to be broken through with high-level tech independence to be enhanced and carbon peak/neutral promoted.

 

Industrial Economy

*National Press and Publication Administration announced approval information of Dec domestic online games on Dec 28th with 84 games on the list. As for 45 import games been approved, 4 games including Pokemon by Tencent are included.

*CPCAAUTO: retail sales of passenger vehicles of 633k units during Dec 19th to 25th, up 13% y/y and 17% m/m with wholesale of 468k units, down 20% y/y and down 2% m/m.

*China digital asset trading platform to be launched on Jan 1st 2023.

*National Civil Aviation formulated plan in resumption of international passenger transportation from Jan 8th 2023 with no inbound high-risk flights to be identified and restriction of 75% passenger load factor to be cancelled.

*Chongqing city adjusted property policy with self-owned housing used for long-period rental excluded from number of family housings owned.

 

Co Focus

*Tesla responded to production suspension of Shanghai plant during the Spring Festival that only 2 days will be extended compared to the statutory holiday.

 

Dec 28th Block Trade

*Block Trade Info

Discount

- Offcn Education (002607.SZ）saw 2 block trades worth 457 mn at 4.76 RMB per share, 7.93% discount from last closing.

- Zangge Mining (000408.SZ) saw 1 block trades worth 57mn at 24.32 RMB per share, 8.33% discount from last closing.

- Career International (300662. SZ) saw 1 block trade worth 54mn at 45 RMB per share, 9.02% discount from last closing.

Flat

- TCL Zhonghuan Renewable Energy (002129.SZ）saw 1 block trades worth 180mn at 38 RMB per share, 0.11% discount from last closing.

Premium

- Songcheng Performance (300144.SZ）saw 1 block trades worth 32 mn at 16.19 RMB per share, 8.01% premium from last closing.

- Yiheda Automation (301029.SZ) saw 1 block trades worth 31mn at 16.19RMB per share, 10.00% 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 down collectively. February NYMEX contract down 0.84% to closed at $78.86/b, March Brent contract down 0.97% to closed at $83.86/b. INE crude oil active contract down 2.5% to 551 yuan/b.

* Precious metals closed mixed. COMEX gold contract down 0.61 % to closed at $ 1812/oz. SHFE gold active contract up 0.04% to closed at 409.56 yuan/gram.

* Metals closed mixed. LME tin up 3.97%, LME nickel up 2.85%, LME zinc up 1.59%, LME copper up 0.88%, LME lead down 2.27% on the contrast. SHFE lead down 2.04%, SHFE aluminum down 1.24%, SHFE tin down 0.35%.

* Commodity futures closed down mostly. Energy & chemistry futures saw a weak performance, soda ash down 1.47%, LPG down 1.41%, fuel oil down 1.25%, PVC down 1.2%, MEG and EB down 1.13%. Black series closed down collectively, coking coal down 1.48%, coke down 0.91%. Agricultural products went down mostly, cotton yarn down 1.16%, cotton down 0.81%.

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