DZ20230105

 

Financials

*PBoC 2023 work conference was held which pointed out to enhance financial supports on domestic demand and supply system with resumption and expansion of consumption, major infrastructure and projects supported. Fair treatment will be insisted on all kinds of enterprises with financing issues to be better solved and stable healthy development of property market under supports.

*Ministry of Foreign Exchanged held 2023 work conference which emphasized to deepen reform and opening-up in foreign exchange fields with high-quality development under promotion and external shock risk to be prevented to ensure asset safety, liquidity and appreciation.

 

Policy

*The State Council general meeting held said to further ensure supplies and stabilize price of products for livelihood and energy with responsibility system clarified, supply of medical materials to be improved and full-capacity production of key firms under supports. Energy supply was emphasized with advanced capacity of coal to be released and smooth transportation to be ensured. Market and price supervision to be enhanced.

 

Industrial Economy

*According to preliminary statistics of CPCAAUTO that retail sales of passenger vehicles in Dec 2022 of 2.43mio units, up 15% y/y and 47% m/m with total retail sales of 20.7mio units realized in 2022, up 1.8% y/y. It predicted zero growth of retail sales in 2023 and estimated retail sales in 1Q 2023 of 4.58mio units, down 7% y/y.

*CAICT: domestic mobile phone shipment in Nov 2022 of 23.24mio units, down 34.1% y/y with 5G mobile phone accounts for 77.1% by 17.92mio units, down 38.1% y/y. Accumulated domestic mobile phone shipment in Jan-Nov 2022 of 244mio units, down 23.2% y/y.

 

*Jan 4th Block Trade

*Block Trade Info

*Discount

- Joinn Laboratories (China) Co. (603127 CH）saw 13 block trades worth 57mn at 56.01yuan per share, 8.48 discount from last closing.

- Offcn Edu Tech Co. (002607 CH) saw 10 block trades worth 112mn at 4.12 yuan per share, 10.63 discount from last closing.

- Silver Basis Tech Co. (002786 CH) saw 2 block trades worth 24mn at 6.48 yuan per share, 15.51 discount from last closing.

- Kennede Electronics Mfg. Co. (002723 CH) saw 3 block trades worth 35mn at 12.71 yuan per share, 11.67 discount from last closing.

- Joy Intelligent Logistics Tech (301198 CH) saw 2 block trades worth 62mn at 21.99 yuan per share, 13.32 discount from last closing.

- Tongyizhong (688722 CH) saw 5 block trades worth 36mn at 17.8 yuan per share, 7.92 discount from last closing.

- Acm Research(Shanghai),Inc. (688082 CH) saw 2 block trades worth 23mn at 77.97 yuan per share, 6.00 discount from last closing.

 

-Premium

- S.F. Holding Co. (002352 CH) saw 1 block trade worth 91mn at 58 yuan per share, 0.64 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 4.82% to closed at $73.22/b, March Brent contract down 4.93% to closed at $78.05/b. INE crude oil active contract down 5.39% to closed at 526.1 yuan/b.

* Precious metals closed up collectively. COMEX gold contract up 0.79% to closed at $1860.7/oz. SHFE gold active contract up 0.36% to closed at 412.12 yuan/gram.

* Metals closed down collectively, LME nickel down 6.16%, LME aluminum down 1.9%, LME tin down 1.29%, LME lead down 1.1%. SHFE nickel down 3.27%, SHFE tin down 1.35%, SHFE copper down 1.29%, SHFE aluminum down 1.17%.

* Commodity futures closed down mostly. Energy & chemistry futures saw weak performance, fuel oil down 3.56%, polyester staple fiber down 2.1%, EB down 2.05%, PTA down 1.72%, LPG down 1.65%, PP down 1.51%. Black series closed down collectively, iron ore down 1.47%, steel rebar down 1.14%. Agricultural products closed down mostly, RBD palm olein down 1.24%, rapeseed oil down 1.15%, No.2 soybeans down 1.01%.

 

 

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