DZ20230404

Data

*IMF issued COFER on March 31st, data displayed RMB accounted for 2.69% in COFER ranked 5th globe wide. In terms of size, the total amount of RMB foreign exchange reserves held by the global major central banks rose slightly to usd 298.44bn from usd 296.03bn in 2022 Q3.

 

*PBoC announced launch of MLF of cny 481bn in March 2023, period 1 year, interest rate of 2.75%, flat compared with last month, the total MLF as of end of cny 5.109t.

 

Industrial Economy

*CAAC: Song Zhiyong, head of CAAC said in civil aviation conference to further strengthen cooperation to provide a better environment for the operation of domestic civil aviation, enhance support for industrial standards and promote process of localization.

*MoC: Imports of consumer goods reached cny 1.93t in 2022, more than double that 2012, accounting for 11% of total imports, with imports of cross-boarder e-commerce of cny 560bn, up 4.9% y/y. With continuous improvement of living standards, steady progress of new urbanization and gradual expansion of the middle-income community, the import of consumer goods will maintain a steady growth trend, said by Sheng Qiuping, head of MoC, in the 3rd China international consumer goods expo.

*MoC will actively introduce a batch of policies to promote consumption of NEV and low-carbon intelligent home appliances.

*Maoning, spokesman of MoFA responded to the Cyberspace Administration of China would review imports of Micron’s products which was aimed to maintain national security, ensure the security of its information infrastructure and prevent risks caused by product problems. The restriction is a normal regulatory measure and is expected to accelerate the domestic substitution of storage chips.

*Maoning, spokesman of MoFA responded to Japan would strengthen export control on high-powered semiconductor manufacturing equipment which will affect the industrial chain and supply chain of semiconductors globe wide and also make Japanese related enterprises suffer losses.

*CADA issued March “auto consumption index” lower than last month showing auto sales at the beginning of the year was under mkt expectations, accounted for that local governments introduced subsidy policies and enterprises taken promotional measures to increase auto sales and reduce inventory.

 

*Apr 3rd Block Trade

*Block Trade Info

*Discount

- Anlogic Infotech Co. (688107 CH) saw 3 block trades worth 37mn at 74.59yuan per share, 1.21 discount from last closing.

- HitGen Inc.(688222 CH）saw 3 block trades worth 42mn at 20.94 yuan per share, 1.51 discount from last closing.

- Transsion Holdings Co.(688036 CH) saw 1 block trade worth 220mn at 109.75 yuan per share, 2.5 discount from last closing.

- Dosilicon Co. (688110 CH) saw 2 block trades worth 48mn at 31.57 yuan per share, 39.62 discount from last closing.

- National Silicon Industry (688126 CH) saw 4 block trade worth 120mn at 24.04 yuan per share, 0.98-1.89 discount from last closing.

- Cambricon Tech (688256 CH）saw 2 block trades worth 100mn at 183.99-209.1 yuan per share, 0.9-12.8 discount from last closing.

*Flat

- Poly Developments (600048 CH）saw 3 block trades worth 23mn at 14.62 yuan per share, 0.00 discount from last closing.
 

*Margin 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 6.32% to closed at $80.45/b, June Brent contract up 6.2% to closed at $84.84/b. INE crude oil active contract up 5.44% to 575.7 yuan/b.

* Precious metals closed up collectively. COMEX gold contract up 0.78% to closed at $2001.7/oz. SHFE gold active contract up 0.58% to closed at 440.52 yuan/gram.

* Metals closed down mostly, LME nickel down 3.68%, LME zinc down 1.25%, LME aluminum down 0.99%, LME copper down 0.96%. LME lead up 0.26% on the contrast. SHFE nickel down 1.32%, SHFE copper down 0.56%, SHFE lead up 0.03%.

* Commodity futures closed mixed, energy & chemistry futures saw mixed performance, fuel oil up 3.83%, LPG up 2.26%, bitumen up 1.21%, glass down 2.11%, natural rubber down 1.58%, TSR 20 down 1.55%. Black series closed down collectively, coking down 3.18%, coke down 3.09%, hot-rolled coil down 1.39%. Agricultural products performed strong mostly, rapeseed meal up 2.62%, Np.2 soybeans up 2.09%, soybean meal up 1.79%.

 

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