DZ20230228

 

Financials

*As said by vice head of SASAC that a new round of deepen reform of state-owned enterprises is under research, China Securities Journal reported.

 

Industrial Economy

*The State Council issued overall layout plan of digital China which pointed out to accelerate construction of digital China with integrated layout to be formed up by 2025 and Chinese digital development level comes up to advanced world level.

*As emphasized by vice head of the Publicity Department of the CPC that the important role of copyright in maintaining national security to be well played with software legalization promoted for high-quality development of domestic software.

*NRTA held meeting in research of enhancing management of short videos in prevention of addictions among minors.

*Shenzhen Stock Exchange held forum with property market entities and encouraged related companies to well use financing and acquisition tools, expansion of fund raising via bond issuance is supported along with fixed income products like CMBS, ABS and greed bond backed by asset credit for stable healthy development of property market.

 

Feb 27th Block Trade

*Block Trade Info

Discount

- Zhejiang Wanma (002276.SZ）saw 1 block trade worth 191 mn at 9.26 RMB per share, 9.92% discount from last closing.

- Red Star Macalline (601828.SH) saw 1 block trade worth 124mn at 5.17 RMB per share, 9.77% discount from last closing.

- China Vanke (000002. SZ) saw 1 block trade worth 45mn at 15.52 RMB per share, 9.87% discount from last closing.

- Offcn Education (002607.SZ) saw 4 block trades worth 607mn at 5.3 RMB per share, 7.02% discount from last closing.

 

Premium

- Jinko Solar (688223.SH) saw 3 block trades worth 168mn at 15.40 RMB per share, 2.12% premium from last closing.

- Hytera Communications (002583.SZ) saw 1 block trade worth 31mn at 6.2 RMB per share, 3.85% 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. April NYMEX crude oil contract down 0.73% to closed at $75.76/b, May Brent contract down 0.89% to closed at $82.08/b. INE crude oil active contract down 1.13% to 542.7 yuan/b.

* Precious metals closed up collectively. COMEX gold contract up 0.39% to closed at $1824.2/oz. SHFE gold active contract up 0.17% to closed at 413.22 yuan/gram.

* Metals closed up mostly, LME nickel up 3.45%, LME lead up 2%, LME aluminum up 1.76%, LME copper up 1.35%. LME zinc up 1.25%. SHFE nickel up 1.19%, SHFE aluminum up 0.65%.

* Commodity futures closed down collectively, energy & chemistry futures saw weak performance, EB down 1.8%, polyester stable fiber down 1.38%, PTA down 1.32%. Black series closed down collectively, iron ore down 0.95%, coke down 0.9%. Agriculture futures closed mixed, rapeseed meal down 0.57%.

 

 

 

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