DZ20230330

 

Financials

*Vice premier Han Zheng said during meeting with some heads of multinational companies in attendance of China Development Forum 2023 that Chinese economic fundamental is still growing toward positive direction in the long term with full confidence on 5% economic growth in 2023.

 

Industrial Economy

*Premier Li Qiang said during investigation in Hainan province that pressure test will be carried forward with solid foundation to be built up for “close circulation operation”by end 2025 using methods like AI, big data and IoT.

*The 8th batch of centralized drug procurement announced pre-bidding results with average price cut on selected drugs by 56% and around cny 16.7bn to be saved per year.

 

Co Focus

*CNOOC (600938 CH) suggested it is well prepared on LNG settlement in RMB with related financial institutions.

*Stake of Mingsheng Securities held by China Oceanwide is freezed by Beijing Financial court for 3 years until March 23, 2026 after Guolian Group won the bid on its 30.3% stake purchase for cny 9.1bn at 55% premium.

 

*Mar 29th Block Trade

*Block Trade Info

*Discount

- Zhenhua Chemical Co. (603067 CH) saw 2 block trades worth 91mn at 12.13-12.65yuan per share, 4.02-7.97 discount from last closing.

- Guilin Seamild Foods (002956 CH）saw 3 block trades worth 23mn at 13.31 yuan per share, 9.64 discount from last closing.

- Wingtech Tech(600745 CH) saw 2 block trades worth 56mn at 52.07 yuan per share, 5.99 discount from last closing.

- GoodWe Tech (688390 CH) saw 1 block trade worth 27mn at 260.5 yuan per share, 8.67 discount from last closing.

 

*Flat

- Xingye Mining Co.(000426 CH）saw 2 block trades worth 60mn at 7.88 yuan per share, 0.00 discount from last closing.

- GCL Energy Tech (002015 CH）saw 3 block trades worth 48mn at 11.03 yuan per share, 0.00 discount from last closing.

- Zangge Mining(000408 CH) saw 2 block trades worth 163mn at 24.15 yuan per share, 0.00 discount from last closing.

- Kweichow Moutai (600519 CH) saw 3 block trades worth 129mn at 1790yuan 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 down collectively. May NYMEX crude oil contract down 0.53% to closed at $72.81/b, June Brent contract down 0.96% to closed at $77.39/b. INE crude oil active contract down 0.31% to 521.9 yuan/b.

* Precious metals closed mixed. COMEX gold contract down 0.37% to closed at $1966.2/oz. SHFE gold active contract up 0.26% to closed at 439.14 yuan/gram.

* Metals closed up mostly, LME zinc up 0.85%, LME tin up 0.41%, LME nickel down 1.2% on the contrast. Bonded copper up 0.63%, SHFE zinc up 0.42%, SHFE nickel down 2.42% on the contrast.

* Commodity futures closed up mostly, energy & chemistry futures saw strong performance, PTA up 2.18%, bitumen up 0.93%. Black series closed up collectively. Agricultural products performed mixed, cotton yarn up 1.57%, rapeseed oil down 1.06%.

 

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