DZ20230106

 

Property

*PBoC and CBIRC set up dynamic adjustment mechanism of mortgage rate for first homes with lower limit allowed to be maintained, adjusted down or cancelled if newly built commercial housings saw sales price slid down for 3 consecutive months y/y and m/m.

*As pointed out by Ni Hong, head of Ministry of Housing that precise measure will be carried forward in promoting stable healthy development of property market. Substantial supports will be given on first home buyers with related rates to be cut and reasonable supports to be provided for second home buyers.

*China may impose a nationwide cap in range of 2% to 2.5% on real estate agent commissions to boost demand in the flagging property market and regulate brokerage fee collection, according to people familiar with the situation, Bloomberg reported.

 

Reopening

*The border between mainland China and Hong Kong will gradually reopen from Sunday, with Hong Kong setting a maximum limit of about 60,000 people allowed to travel into the mainland from the financial hub every day, Chief Executive John Lee said at a briefing Thursday.

 

Data

*CPCA estimates wholesales of NEV in Dec 2022 of 730k units, up 0.4% m/m and up 45% y/y with estimated wholesale in year 2022 of 6.49mio units, up 96% y/y.

*Central enterprises is estimated to have realized operation income of cny 39.4tn and total profit of cny 2.55tn, up 8.3% and 5.5% y/y respectively.

 

Co Focus

*Moutai Chinese zodiac liquor for the year of rabbit is priced at 2499yuan per bottle and to extend purchase pattern on e-platform i-Moutai.

 

*Jan 5th Block Trade

*Block Trade Info

*Discount

- Keboda Tech(603786 CH）saw 14 block trades worth 203mn at 62 yuan per share, 8.15 discount from last closing.

- Jifeng Auto Parts Co.(603997 CH) saw 4 block trades worth 37mn at 13.8 yuan per share, 7.57 discount from last closing.

- Unigroup Guoxin Microelectronics Co. (002049 CH) saw 5 block trades worth 253mn at 133 yuan per share, 1.47 discount from last closing.

- Joinn Laboratories Co.(603127 CH) saw 12 block trades worth 117mn at 58.66 yuan per share, 7.26 discount from last closing.

- Yusys Tech (300674 CH) saw 4 block trades worth 96mn at 13.89 yuan per share, 4.67 discount from last closing.

- Kennede Electronics Mfg. Co.(002723 CH) saw 4 block trades worth 46mn at 12.95 yuan per share, 10.26 discount from last closing.

- ZJMI Environmental Energy Co. (603071 CH) saw 5 block trades worth 34mn at 14.86 yuan per share, 9.33 discount from last closing.

- CATL (300750 CH) saw 5 block trades worth 139mn at 387.45 yuan per share, 4.92 discount 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 1.5% to closed at $73.93/b, March Brent contract up 1.28% to closed at $78.84/b. INE crude oil active contract up 0.09% to closed at 528 yuan/b.

* Precious metals closed down collectively. COMEX gold contract down 1.14% to closed at $1837.9/oz. SHFE gold active contract down 1.04% to closed at 410.24 yuan/gram.

* Metals closed mixed. LME nickel down 5.96%, LME lead down 2.31%, LME tin down 0.58%. LME copper up 2.27%, LME zinc up 0.65%. SHFE nickel down 5.61%, SHFE tin down 2.21%, SHFE copper up 1.61%.

* Commodity futures closed down mostly. Energy & chemistry futures saw weak performance, TSR 20 down 1.88%, natural rubber down 1.66%, PTA down 1.57%, polyester staple fiber down 1.46%, EB down 1.22%. Black series closed up mostly, hot-rolled coil up 1.31%. Agricultural products closed down mostly, rapeseed meal down 1.61%, RBD palm olein down 1.4%, rapeseed oil down 1.34%, No.2 soybeans down 1.31%, soybean meal down 1.07%.

 

 

 

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