DZ20230301

 

Policy

*The 2nd meeting of the 20th CPC central committee was held from Feb 26th to 28th which emphasized to expand domestic demand, improve resilience of industrial chain, supply chain and safety level to further optimize market-oriented, law based and international business environment to effectively prevent major economic financial risk. Shortage of basic medical healthcare public service to be repaired and fertility support policy to be optimized.

 

Industrial Economy

*The State Council issued implementation plan for major projects in revitalization of Chinese traditional medicine and to add integrative treatment with western medicine into grade review and performance appraisal of hospitals.

*Shenzhen eased purchase requirement of social security housing for talents with age limit down to 30 for singles.

*Beijing launched 2023 consumption season on Feb 28th and to extend subsidy policy of passenger vehicle exchange for NEV.

 

Co Focus

*Baidu plans to hold a press conference on March 16th on ERNIE Bot.

 

*Feb 28th Block Trade

*Block Trade Info

*Discount

- Tianjintroila IT Co. (600225 CH) saw 3 block trades worth 204mn at 6.8 yuan per share, 3.00 discount from last closing.

- SMIC (688981 CH) saw 2 block trades worth 37mn at 41.41 yuan per share, 1.5 discount from last closing.

- Offcn Education (002607 CH) saw 2 block trades worth 139mn at 5.51 yuan per share, 0.00-7.18 discount from last closing.

- Everwin Precision Tech (300115 CH）saw 1 block trade worth 46mn at 12.55 yuan per share, 0.00 discount from last closing.

- Silver Basis Tech (002786 CH）saw 2 block trades worth 31mn at 7.8 yuan per share, 7.91 discount from last closing.

- Yixintang Pharmaceutical Co. (002727 CH) saw 4 block trades worth 19mn at 32.48 yuan per share, 6.99 discount from last closing.

- Emperor Tech Co. (300546 CH) saw 3 block trades worth 69mn at 24.18 yuan per share, 14.16 discount from last closing.

 

*Premium

- Western Superconducting Tech (688122 CH）saw 3 block trades worth 92mn at 91.64 yuan per share, 1.01 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 up collectively. April NYMEX crude oil contract up 1.53% to closed at $76.84/b, May Brent contract up 1.38% to closed at $83.17/b. INE crude oil active contract up 2.13% to 557.2 yuan/b.

* Precious metals closed up collectively. COMEX gold contract up 0.49% to closed at $1833.8/oz. SHFE gold active contract up 0.47% to closed at 414.52 yuan/gram.

* Metals closed mixed, LME copper up 2.02%, LME zinc up 1.54%, LME nickel down 2.41% on the contrast, LME tin down 1.62%. Bonded copper up 1.67%, SHFE copper up 1.50%, SHFE nickel down 2.76%, SHFE tin down 2.27%.

* Commodity futures closed mixed, energy & chemistry futures saw strong performance, fuel oil up 2.05%, LPG up 1.35%, polyester stable fiber up 1.2%, PTA up 1.08%. Black series closed up collectively. Agriculture futures closed down mostly, rapeseed meal down 1.31, soybean meal down 1.11%, No.2 soybeans down 0.98%.

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