DZ20230103

 

International Relationship

*President Xi Jinping had video conference with Russia president Putin and cooperation in commerce, energy, finance and agriculture fields was emphasized with cooperation of traditional and new energy to be expanded.

 

Data

*As data calculated by Ministry of Culture and Tourism shows that domestic traveling population during the new year holiday of 52.71mio, up 0.44% y/y and recovered to 42.8% level in year 2019 with domestic tourism income of cny 26.5bn realized, up 4% y/y and recovered to 35.1% level in year 2019.

 

Meeting

*The 1st meeting of the 14th CPPCC and NPC will be held on March 4th and 5th 2023 respectively.

 

Financials

*China Dec manufacturing PMI of 47%, down 1% m/m and saw decline for the 3rd month to lowest in 2022. Dec non-manufacturing PMI of 41.6%, vs 46.7% and composite PMI of 42.6%, vs 47.1% in Nov.

*PBoC and Ministry of Foreign Exchange decided to extend trading hours of inter-bank foreign exchange market to 3AM from Jan 3rd, 2023.

*The PBoC monetary committee held Q4 regular meeting which pointed out to well play policy and development financial tools with infrastructure construction supported. Reasonable financing demand of real estate industry to be satisfied with industrial merger and acquisitions promoted in improving asset-debt of leading firms. Healthy development of financial business carried out by platform firms to be guided with normalized supervision. Adjustment of macro policy to be enhanced for revitalization of market confidence.

*Draft of financial stability law is seeking for public opinions, aiming to maintain basic function of financial institutions, market and infrastructure with ability of risk prevention and serving real economy to be improved.

 

Co Focus

*Dr Laser Tech （300776 CH）has received bid-winning notice from client on 20GW TOPCon PV battery SE related equipment on Jan 1st with total bided capacity exceed 50GW.

*BYD adjusted up price of vehicles by cny 2-6k yuan respectively from Jan 1st 2023 and it will issue a new SUV this week, priced at cny 0.8-1.5 mio.

 

*Dec 30th Block Trade

*Block Trade Info

*Discount

- Cngr Advanced Material Co. (300919 CH）saw 4 block trades worth 189mn at 66.88 yuan per share, 1.94 discount from last closing.

- Chongqing Rural Commercial Bank (601077 CH) saw 5 block trades worth 44mn at 3.16 yuan per share, 10.48 discount from last closing.

- Sharetronic Data (300857 CH) saw 3 block trades worth 12mn at 16.67 yuan per share, 13.31 discount from last closing.

- Walvax Biotechnology Co. (300142 CH) saw 5 block trades worth 20mn at 39.83 yuan per share, 0.9 discount from last closing.

- Nanomicro Tech.(688690 CH) saw 2 block trades worth 29mn at 47.63 yuan per share, 8.00 discount from last closing.

- Focuslight Technologies Inc.(688167 CH) saw 7 block trades worth 121mn at 89.69 yuan per share, 5.92 discount from last closing.

 

-Premium

- China Yangtze Power Co. (600900 CH) saw 1 block trade worth 131mn at 21.83 yuan per share, 3.95 premium from last closing.

- S.F. Holding Co. (002352 CH) saw 3 block trades worth 47mn at 57.95 yuan per share, 0.32 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 2.69% to closed at $80.51/b, March Brent contract up 3.03% to closed at $85.99/b.

* Precious metals closed mixed. COMEX gold contract up 0.22% to closed at $1830.1/oz. COMEX silver contract down 0.29% to closed at $24.18/oz.

* Metals closed down mostly, LME nickel down 1.12%, LME aluminum down 0.69%, LME zinc down 0.57%, LME copper down 0.52%, LME lead up 0.86% on the contrast.
 

 

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