DZ20230116

 

Financials

*CBIRC held 2023 work conference which emphasized full support on economic operation and prioritize consumption resumption and resumption. Financing support on investment to be implemented with social shortage supported to get repaired. “Housing is for living rather than speculation” will be insisted with differentiated credit policies to be carried forward. Risk diversification of medium-small banks will be promoted along with reform and reorganization, and capital supplementary is encouraged from multiple channels. Destructive competition of insurance industry to be cleaned up with supervision rating related system to be formulated.

*Vice head of PBoC pointed out stable monetary policy will be carried forward on basis of domestic demand expansion and structural reform at supply side in 2023 with abundant liquidity to be maintaining at reasonable level and to balance relationship between stable growth, employment and product price.

 

Industrial Economy

*MIIT and 15 departments jointly issued guidance in promoting development of data security industry which aims to achieve industrial scale over cny 150bn by 2025 with CAGR exceeds 30% and to cultivate multiple leading firms with global competitiveness.

*According to Maoyan, total pre-sale box office during the Spring Festival has exceed cny 76mio as of 11AM Jan 15th.

 

Local policy

*Gong Zheng, newly elected mayor of Shanghai city said to promote issuance of comprehensive reform plan in trial which to give greater autonomy power of Pudong new district on reform in market entry, investment, factor flow and industrial innovation fields. Development of culture, tourism, exhibition and consumption will be strongly supported in 2023.

 

Jan 13th Block Trade

*Block Trade Info

*Discount

- Shengquan Group(605589 CH）saw 1 block trade worth 270mn at 19.96 yuan per share, 12.69 discount from last closing.

- Hengrui Pharma(600276 CH) saw 31 block trades worth 1350mn at 37.19 yuan per share, 5.30 discount from last closing.

- Apptec(603259 CH) saw 10 block trades worth 400mn at 86.56 yuan per share, 4.88 discount from last closing.

- Dongpeng Holdings(003012 CH) saw 13 block trades worth 64mn at 8.69 yuan per share, 11.69 discount from last closing.

- Kingmed Diagnostics(603882 CH) saw 9 block trades worth 81mn at 76.54 yuan per share, 7.89 discount from last closing.

- Montage Tech(688008 CH) saw 9 block trades worth 116mn at 58.00 yuan per share, 5.69 discount from last closing.

- Chano Tech(688116 CH) saw 5 block trades worth 166mn at 71.29 yuan per share, 7.77 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 2.14% to closed at $80.07/b, March Brent contract up 1.52% to closed at $85.31/b. INE crude oil active contract up 1.36% to closed at 543.1 yuan/b.

* Precious metals closed up collectively. COMEX gold contract up 1.27% to closed at $1923/oz. SHFE gold active contract up 0.65% to closed at 417.72 yuan/gram.

* Metals closed up mostly. LME tin up 4.45%, LME zinc up 2.61%, LME lead up 2.12%, LME aluminum up 1.63%. SHFE tin up 4.23%, SHFE aluminum up 1.36%, SHFE zinc up 1.29%, SHFE nickel down 1.84%.

* Commodity futures closed mixed. Energy & chemistry futures saw strong performance, PVC up 1.37%, fuel oil up 1.22%, PP up 1.2%, PTA up 1.2%, polyester stable fiber up 1.17%, LLDPE up 1.13%. Black series closed mixed, iron ore down 1.03%. Agricultural products closed mixed, RBD palm olein down 0.82%.

 

 

 

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