DZ20230323

 

Policy

*Premier Li Qiang emphasized during investigation in Hunan province that advanced manufacturing industry to be well developed in construction of modern industrial system with self-independent high-level technology to be promoted.

 

Industrial Economy

*Centralized procurement of Chinese patent medicine will be officially launched from March 23 with related rules to be under discussion.

*CPCAAUTO: China retail sales of passenger vehicles during March 1 to 19 of 700k units, down 8% y/y and 4% m/m with accumulated sales since beg of the year around 3.38mio units, down 18% y/y.

*National Energy Administration issued action plan 2023-2025 to accelerate exploration of oil&gas along with integrated development of new energy and to actively expand scale of green power by 2025.

 

Co Focus

*China Resources Power Holdings (0836 HK) is planning on split listing of its renewable energy business in A-shr market.

*Tencent suggested its investment in AI and cloud infrastructure with new products to be issued after exploration under basic model supports. Generative AI may be considered to be added in WeChat and QQ.

 

*Mar 22nd Block Trade

*Block Trade Info

*Discount

- Beijing ABT Networks Co. (688168 CH) saw 3 block trades worth 38mn at 40.62-41.18 yuan per share, 11.00-12.21 discount from last closing.

- Bojay Electronics Co. (002975 CH）saw 7 block trades worth 33mn at 35.75 yuan per share, 13.19 discount from last closing.

- Dosilicon Co. (688110 CH) saw 2 block trades worth 34mn at 29.86-29.92 yuan per share, 0.5-0.7 discount from last closing.

- Jiamei Food Packaging Co. (002969 CH) saw 1 block trade worth 40mn at 4.16 yuan per share, 1.89 discount from last closing.

- Ginlong Tech (300763 CH) saw 3 block trades worth 171mn at 127.59-137.19yuan per share, 0.00-7.00 discount from last closing.

- Montage Technology Co. (688008 CH) saw 28 block trades worth 333mn at 59-60 yuan per share, 4.96-6.54 discount from last closing.

 

*Flat

- Guangzhou Port (601228 CH) saw 2 block trades worth 70mn at 3.1 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. May NYMEX crude oil contract up 0.36% to closed at $69.92/b, June Brent contract up 0.67% to closed at $75.53/b. INE crude oil active contract up 1.97% to 511.7 yuan/b.

* Precious metals closed up collectively. COMEX gold contract up 1.66% to closed at $1973.4/oz. SHFE gold active contract up 0.32% to closed at 437.66 yuan/gram.

* Metals closed up collectively, LME tin up 2.44%, LME copper up 1.95%, LME lead up 1.17%, LME nickel up 1.11%. SHFE tin up 1.37%, bonded copper up 0.98%, SHFE copper up 0.78%.

* Commodity futures closed up mostly, energy & chemistry futures saw strong performance, glass up 1.71%, MEG up nearly 1%. Black series closed up collectively. Agricultural products mixed, sugar up nearly 1%, No.2 soybeans down 1.23%, RBD palm olein down 1.18%, soybean meal and soybean oil down nearly 1%.




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