DZ20230511
 

Industrial Economy

*Ministry of Science and Technology approved the National Blockchain Technology Innovation Center landed in Beijing Zhongguancun National Independent Innovation Demonstration Zone and was officially put into operation on May 10th which will accelerate the construction of super large-scale blockchain computing power cluster and form a digital infrastructure with strong performance.

*Shenzhen government held a meeting to convey, study and implement the spirit of Xi Jinping's important speech at the first meeting of the 20th Central Financial and Economic Committee which pointed out to accelerate project recruitment around key industrial clusters such as NEV, energy storage, robots and new materials. Accelerate project construction, create the best industrial ecology and quickly form a modern industrial system that meets the requirements of high-quality development.

 

Policy

*Ministry of Science and Technology and SASAC held a working conference which emphasized that central enterprises should be supported to meet the major needs of the state, focus on the "neck sticking" field, resolutely win the battle against key core technologies and effectively maintain the national industrial security. Guide central enterprises to put basic research in a more prominent position, increase investment in basic research and improve the original innovation ability.

*The relevant departments recently issued a notice requesting each bank to control the notice of deposit, agreed deposit interest rate plus the upper limit. As for the notice of deposit interest rate, large state-owned banks cannot exceed the benchmark interest rate by 0.1 percentage point and other banks cannot exceed the benchmark interest rate by 0.2 percentage point.

 

Co Focus

*CATL established a private equity fund management partnership limited which business scope includes private equity investment fund management and venture capital fund management services.

 

Data

*CAAC: According to the preliminary statistics, in 2022, the total operating revenue of the whole industry reached cny 632.89bn, down 15.8% y/y. With aviation realized revenue from operations of cny 336.48bn, down 20.5% y/y, the airport realized revenue of cny 77.01bn, down 18.5% y/y, the whole industry completed passenger traffic volume of 251.7mio, down 42.9% y/y.

 

May 10 Block Trade Info

*Discount

- Spring Airlines (601021 CH) saw 1 block trades worth 30.72mn at 57.71 yuan per share, 0.24pct discount from last closing.

- Dian Diagnostics (300244 CH) saw 1 block trades worth 206.31mn at 25.47 yuan per share, 1.39pct discount from last closing.

- Yongxing Special Materials (002756 CH) saw 2 block trades worth 93.05mn at 62.03 yuan per share, 8.50pct discount from last closing.

 

*Premium

- Zijin Mining (601899 CH) saw 1 block trades worth 277.1mn at 12.10yuan per share, 0.17pct premium from last closing.

- Lotus Health Industry (600186 CH) saw 1 block trades worth 103.82mn at 2.9yuan per share, 0.69pct premium from last closing.

 

*Flat

- CATL (300750 CH) saw 1 block trades worth 140.7mn at 232.52 yuan per share, flat from last closing.

- Midea (000333 CH) saw 2 block trades worth 428.46mn at 55.40 yuan per share, flat 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 performed weak. June NYMEX crude oil contract down 1.25% to closed at $72.79/b, July Brent contract down 1.05% to closed at $76.63/b. INE crude oil active contract down 1.45% to 509.1 yuan/b.

* Precious metals closed mixed. COMEX gold contract down 0.3% to closed at $2036.8/oz. SHFE gold active contract up 0.22% to closed at 455.22 yuan/gram.

* Metals closed down collectively, LME nickel down 4.45%, LME aluminum down 2.18%, LME zinc down 2.13%. SHFE nickel down 4.01%, SHFE zinc down 1.21%, bonded copper down 1.14%.

* Commodity futures closed down collectively. Energy & chemistry futures saw weak performance, soda ash down 2.31%, TSR 20 down 1.71%, methanol down 1.63%. Black series closed down collectively, iron ore down 2.21%, steel rebar down 2.16%, hot-rolled coil down 2.15%, coke down 1.41%. Agricultural products closed down mostly, RBD palm olein down 1.26%, No.1 soybeans down 0.97%.

 

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