DZ20230309

 

Xi’s emphasis

*Chairman Xi Jinping emphasized to strengthen independent innovation and high-level technological self-reliance with strategic ability of emerging industry to be improved. Technology of national defense and industrial service in strengthening armed force was emphasized with resilience of industrial and supply chains to be enhanced.

 

Industrial Economy

*Netherlands confirms it will restrict ASML export regarding “very specific technologies in the semiconductor production cycle.”

*Physicist Ranga Dias leading a research team at the University of Rocherster report a new material that superconducts at room temperature.

*CPCAAUTO: retail sales of passenger vehicles in Feb up 10.4% y/y with NEV retail sales reached 439k units, up 61% y/y and up 32.8% m/m. Tesla delivers 74,402 China-made cars, up 13% m/m.

*Guangzhou local government issued development plan 2022-2025 in construction of international consumption center which said to expand automobile consumption with full replacement of public transportations and taxis to NEV promoted. Penetration of government-use and private vehicles to be improved in an orderly manner.

 

Co Focus

*CATL said on the interactive platform that co is promoting industrialization of sodium-ion batteries in 2023 with massive production of Kirin batteries expects to be realized in 23Q1.

*Vanke held EGM on March 8th and as mentioned by its board secretary that cash dividend to be distributed in coming 3 years will be no lower than 30% of attributable profit realized in that year and likely to be maintained around 35%.

*Dongfeng-Hongda offered time-limited subsidies on partial vehicle types in Hebei province at maximum discount of cny 70k during March 1st to 31st for stock liquidation.

 

*Mar 8th Block Trade

*Block Trade Info

*Discount

- Offcn Education Tech (002607 CH) saw 8 block trades worth 165mn at 4.59-5.1 yuan per share, 0.78-10.7 discount from last closing.

- Great Microwave Tech (688270 CH) saw 3 block trades worth 59mn at 98.1-100.76 yuan per share, 1.4-4 discount from last closing.

- Wuliangye (000858 CH) saw 2 block trades worth 67mn at 198 yuan per share, 0.65 discount from last closing.

- WgTech Co. (603773 CH）saw 3 block trades worth 98mn at 20.37 yuan per share, 4.99 discount from last closing.

- Weiming Environment Protection Co. (603568 CH）saw 1 block trade worth 18mn at 17.11 yuan per share, 9.23 discount from last closing.

- Shengyuan Environmental Protection Co. (300876 CH) saw 6 block trades worth 24mn at 17 yuan per share, 10.05 discount from last closing.

 

*Flat

- Shandong Sanyuan Biotechnology Co.(301206 CH) saw 4 block trades worth 41mn at 27.44-34.28 yuan per share, 0.9-20.67 discount from last closing.

- Supertch Advanced Material CO. (688398 CH) saw 3 block trades worth 43mn at 35.68 yuan per share, 20.48 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 down collectively. April NYMEX crude oil contract down 1.42% to closed at $76.48/b, May Brent contract down 0.96% to closed at $82.49/b. INE crude oil active contract down 2.13% to 561.0 yuan/b.

* Precious metals closed down collectively. COMEX gold contract down 0.1% to closed at $1818.1/oz. SHFE gold active contract down 0.44% to closed at 413.68 yuan/gram.

* Metals closed up mostly, LME copper up 1.1%, LME zinc up 071%, LME aluminum up 0.51%, LME tin down 2.37%, LME nickel down 0.91%. Bonded copper up 1.11%, SHFE copper up 0.96%, SHFE tin down 1.20%.

* Commodity futures closed mixed, energy & chemistry futures saw weak performance, low sulfur fuel oil down 2.55%, glass down 1.83%, fuel oil down 1.73%, LPG down 1.67%. Black series closed down mostly, coke down 2.43%, coking coal down 1.69%. Agriculture futures closed mixed, No.1 soybeans up 1.14%.

 

 

 

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