DZ20230224

 

Industrial Economy

*PBoC and 4 other departments jointly issued opinions on financial support of Hengqin, Guangdong and Macau deepen cooperation zone as well as Qianhai Shenzhen-Hong Kong modern service industry cooperation zone with electronic seine system and cross-border financial management system to be basically established by 2025 and integration of financial service with Macau to be realized. Opening-up of bank, securities and insurance industries to be expanded in Qianhai cooperation zone with direct financing allowed to be carried forward by financial institutions in Hong Kong.

*The State Council issued opinions to promote deepen reform and healthy development of rural health care system which aimed to achieve more balanced and reasonable function layout of rural sanitary institutions to improve infrastructure conditions. “Internet + Medical Health” will be promoted with remote medical service system to be built up.

*China PV Industry Association disclosed operation status of PV manufacturing in Jan. Solar-grade polycrystalline silicon saw production gained by 1% m/m, and 36.5% y/y while capacity of silicon wafer declined by 11.9% m/m and 4.1% y/y.

 

Co Focus

*NDRC investigated CATL with mutual parties said to further enhance research cooperation in related fields.

 

*Feb 23rd Block Trade

*Block Trade Info

*Discount

- SMIC (688981 CH) saw 1 block trade worth 50mn at 41.53 yuan per share, 1.49 discount from last closing.

- Sinomine Resource (002738 CH) saw 1 block trade worth 30mn at 76 yuan per share, 0.47 discount from last closing.

- Offcn Education (002607 CH) saw 3 block trades worth 32mn at 5.21 yuan per share, 10.48 discount from last closing.

- Great Wall Securities (002939 CH）saw 2 block trades worth 56mn at 8.75 yuan per share, 0.00 discount from last closing.

- Xiangcai Co.(600095 CH）saw 3 block trades worth 286mn at 11 yuan per share, 2.91 discount from last closing.

- Will Semiconductor Co. (603501 CH) saw 2 block trades worth 26mn at 87.16 yuan per share, 1.00 discount from last closing.

*Premium

- Shannon Semiconductor Tech (300475 CH) saw 4 block trades worth 31mn at 17.99 yuan per share, 0.62 premium from last closing.

*Flat

- Great Wall Securities (002939 CH）saw 2 block trades worth 56mn at 8.75 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 price closed up collectively. April NYMEX crude oil contract up 2.3% to closed at $75.65/b, April Brent contract up 2.25% to closed at $82.26/b. INE crude oil active contract up 0.66% to 546.2 yuan/b.

* Precious metals closed down collectively. COMEX gold contract down 0.65% to closed at $1829.6/oz. SHFE gold active contract down 0.27% to closed at 412.42 yuan/gram.

* Metals closed down collectively, LME nickel down 4.37%, LME copper down 2.55%, LME tin down 2.49%, LME lead down 2.45%. SHFE nickel down 3.06%, SHFE tin down 2.46%, SHFE copper down 1.50%.

* Commodity futures closed mixed, energy & chemistry futures saw mixed performance, EB up 1%, MEG up 0.93%, LPG down 1.37% on the contrast, soda ash down 1.24%. Black series closed mixed, iron ore up 0.55%, steel rebar down 0.52%. Agriculture futures closed down mostly, rapeseed oil down 1%, No.2 soybeans down 0.92%.

 

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