DZ20230406

 

Financials

*Ministry of education and other four departments jointly issued “reform plan for adjustment and optimization of academic disciplines and specialties in general higher education” which pointed out to optimize and adjust 20% of academic disciplines in universities and set up a batch of specialties that adapt to new technologies, new industries and new forms of business, further increase the proportion of basic academic specialties especially in science and basic medical sciences.

*HKMA: At present, international investors mainly allocated rate securities with two-thirds of foreign fixed-income assets in China were concentrated in national debt. There is a large room for improvement in the allocation of debenture bonds. CMU will actively cooperate with mainland related departments to make technical preparations which facilitate foreign investors access to the mainland inter-bank and exchange bond markets through Hong Kong and further allocate debenture bonds, said by Yu Weiwen, head of Hong Kong Monetary Authority said in 2023 China financial forum annual conference.

 

Industrial Economy

*SAFE: Utilizing Generative AI to study financial problems may help form an effective technical route for financial development and governance, said by Lulei, head of SAFE in 2023 China financial forum annual conference on April 4th.

*MIIT: China lithium battery industry kept growth in Jan-Feb 2023, nationwide total output of lithium battery exceeded 102GWh, up 24% y/y, with energy storage battery output exceeded 15GWh and load capacity of power batteries for NEV of 38GWh. Export trade of lithium battery reached cny 70.6bn which grew steadily.

*National Energy Administration held conference in accelerating the integrated development of oil and gas exploration and new energy which pointed out that oil and gas exploration and development enterprises together with new energy and electric power enterprises to promote oil and gas production and supply, promote green low-carbon transition and high-quality development.

 

Data

*CPCAAUTO: The retail sales of NEV reached 600k units on March, up 20% m/m and 30% y/y, the retail sales of NEV of 1.48mio units in Q1, up 25% y/y, as predicted.

 

Co Focus

*CATL: The cooperation of lithium battery production between CATL and Ford have received a subsidy of usd 123mio, approved by Michigan State government, reported by Business Korea.

*Alibaba Cloud Computing Co. Ltd will hold forum on April 11th to launch Ali Model, the ChatGPT voice assistant version of Alibaba has already been launched before, said by someone familiar with this matter.

 

*Apr 4th Block Trade

*Block Trade Info

*Discount

- Winning Health Tech(300253 CH) saw 1 block trade worth 43mn at 14.00 yuan per share, 0.57 discount from last closing.

- Tiantan Biological Products (600161 CH）saw 1 block trade worth 60mn at 24.5 yuan per share, 3.61 discount from last closing.

- Fujian Sunner Development Co. (002299 CH) saw 4 block trades worth 84mn at 24.05 yuan per share, 3.18 discount from last closing.

- Montage Tech(688008 CH) saw 6 block trades worth 32mn at 70 yuan per share, 5.41 discount from last closing.

- Ginlong Tech(300763 CH) saw 2 block trades worth 80mn at 121.18 yuan per share, 7.00 discount from last closing.

*Flat

- Thunder Software Tech (300496 CH) saw 4 block trades worth 45mn at 119.12yuan per share, 0.00 discount from last closing.

- GCL Energy Tech (002015 CH) saw 4 block trades worth 34mn at 10.91yuan 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 slightly. May NYMEX crude oil contract down 0.45% to closed at $80.35/b, June Brent contract down 0.22% to closed at $84.75/b.

* Precious metals closed down slightly. COMEX gold contract down 0.05% to closed at $2037.1/oz.

* Metals closed down mostly, LME nickel down 2.7%, LME tin down 2.38%, LME aluminum down 1.27%.

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