DZ20230112

 

Financials

*MoC and PBoC jointly issued notice to further support foreign trade firms in expanding cross-board use of yuan in promoting facilitation of trades and investment. Banks are encouraged to conduct offshore yuan loan business.

 

Industrial Economy

*MIIT held work conference on Jan 11th which emphasized to promote stable growth of industrial economy in 2023 with stable growth work plan to be formulated specified to characteristics of different industries. Commodity consumption like automobile to be stabilized with special action to be implemented and elderly friendly home appliance to increase supplies. Equipment upgrade and tech renovation are supported with role of investment fund to be well played and increasing investment of social capital in manufacturing sector to be guided. Stable growth of tobacco industry will be maintained.

*China Intellectual Property Office and 16 other departments jointly issued opinions in promoting high quality development of intellectual property service which aims to realize industrial operation income over cny 500bn and participating institutions over 2k units by 2030.

 

Co Focus

*Zhou Hei Ya (1458 HK) said in response to market rumors saying its profit guidance in 2023 of cny 150-200mio that internal evaluation will be carried forward with further plan to be disclosed.

*GAC Aion announced plan to adjust up guidance price by 3-6k yuan respectively around early March and clients pay the deposit before issuance of official notice will not be affected.

*CATL as reorganization investor of Sinuowei mining issued draft of reorganization plan worth cny 6.4bn involving claim adjustment, compensation solution and equity adjustment of sponsors.

 

*Jan 11th Block Trade

*Block Trade Info

*Discount

- Eazytec Co.(688258 CH）saw 3 block trades worth 20mn at 38.34 yuan per share, 2.5-8.00 discount from last closing.

- Zhenhua E-Chem Inc. (688707 CH) saw 3 block trades worth 41mn at 44.28 yuan per share, 0.9 discount from last closing.

- Eontec Co.(300328 CH) saw 6 block trades worth 74mn at 5.39 yuan per share, 18.7 discount from last closing.

- Wuxi Apptec Co. (603259 CH) saw 14 block trades worth 597mn at 84.6 yuan per share, 5.54 discount from last closing.

- Meinian Healthcare Holdings Co. (002044 CH) saw 2 block trades worth 24mn at 5.91 yuan per share, 7.37 discount from last closing.

- Asymchem Laboratories Co.(002821 CH) saw 24 block trades worth 371mn at 142.4 yuan per share, 5.55 discount from last closing.

 

 

 

*Flat

- Tigermed Consulting Co. (300347 CH) saw 1 block trade worth 78mn at 108.49 yuan per share, 0.00 discount from last closing.

- Century Huatong Group Co. (002602 CH) saw 2 block trades worth 28mn at 3.81 yuan per share, 0.00 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 closed up collectively. February NYMEX contract up 3.45% to closed at $77.71/b, March Brent contract up 3.56 to closed at $82.95/b. INE crude oil active contract up 1.51% to closed at 530.3 yuan/b.

* Precious metals closed mixed. COMEX gold contract up 0.17% to closed at $1879.7/oz. SHFE gold active contract down 0.36% to closed at 412.84 yuan/gram.

* Metals closed up mostly. LME copper up 2.88%, LME tin up 2.55%, LME zinc up 1.57%, LME aluminum up 0.95%. LME nickel down 5.52% on the contrast. SHFE tin up 2.41%, bonded copper up 2.27%, SHFE copper up 2.08%, SHFE nickel down 1.51% on the contrast.

* Commodity futures closed up mostly. Energy & chemistry futures saw strong performance, bitumen up 2.84%, soda ash up 2.13%, fuel oil up 1.98%, EB up 1.63%, PTA up 1.51%, LPG up 1.14%. Black series closed mixed, coke up 0.9%. Agricultural products closed mixed, No.2 soybeans up 1.05%, soybean meal up 0.97%.

 

 

 

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