DZ20230315

 

Financials

*Guoshuqing, head of CBIRC suggested well implementation of Government Work Report, promote economic recovery and prioritize consumption resumption and expansion with financing supports on investment.

 

Industrial Economy

*Digital Ningxia“1244+N”action plan was issued on March 14th which pointed out to realize output value of digital information to cny 85bn in 2023 with proportion of digital economy against GDP reach around 36% with infrastructure of digital network to be fully upgraded and 5 ultra-large data centers to be built up.

*Jiangsu electronic information industry department issued notice to hold symposium with the "big fund” phase 2 on investment projects with related person in charge to introduce fund investment and tasks in 2023.

*Ministry of Education said to carry forward digital strategic action on education.

*Environmental rectification of lithium industry in Yichun city is under progress which prohibits landfills or stacking in the open of lithium slag, sending price of lithium slag from 100yuan per ton to 0.

*Jin Zhuanglong, head of MIIT said accelerate construction and application of new information infrastructure like 5G and industrial internet, expand core industry of digital economy, promote development of integrated circuit and industrial software.

*Shanghai issued a catalogue file of benchmarketing enterprises engaged in intellligence robots and endeavors to build 10 intelligence robot leading brands and to reach cny 100bn robot related industry scale by 2025.

 

*Mar 14th Block Trade

*Block Trade Info

*Discount

- China Railway Materials (000927 CH) saw 1 block trade worth 45mn at 2.99 yuan per share, 1.32 discount from last closing.

- SMIC (688981 CH）saw 2 block trades worth 89mn at 47.17 yuan per share, 1.5-2.0 discount from last closing.

- Asiacom IT Co.(301085 CH) saw 2 block trades worth 50mn at 32.6 yuan per share, 12.27 discount from last closing.

- Xunyou Network Tech (300467 CH) saw 2 block trades worth 15mn at 13.92 yuan per share, 0.64 discount from last closing.

- Tuoxin Pharmaceutical Co. (301089 CH) saw 3 block trades worth 10mn at 55.00 yuan per share, 10.01 discount from last closing.

- Dosilicon Co.(688110 CH）saw 4 block trades worth 36mn at 22.2-28.04 yuan per share, 0.81-21.47 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 4.44% to closed at $71.48/b, May Brent contract down 4.04% to closed at $77.51/b. INE crude oil active contract down 2.77% to 520 yuan/b.

* Precious metals mostly closed down. COMEX gold contract down 0.43% to closed at $1908.3/oz. SHFE gold active contract up 0.41% to closed at 426.46 yuan/gram.

* Metals performed mixed, LME copper down 1.16%, zinc down 0.98%, aluminum up 0.79%. SHFE copper up 0.44%, aluminum up 0.27%, nickel down 0.42%.

* Commodity futures closed mixed, energy & chemistry futures declined mostly, fuel oil down 1.6% pulp down 1.59%, PTA down 1.09%, EG up 1.1%. Black series saw diverge performance, coke down 1.11%, coking coal down 1.91%. Agricultural products closed mixed, No.2 soybean down 1.06%.

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