DZ20230526

Industrial Economy

*MoF: The Chinese authorities have released information about the cybersecurity review of products sold in China in accordance with the law. The review of Micron is a necessary measure to safeguard national security. The Chinese government is determined to promote a high level of opening-up, continue to improve the business environment and is willing to share China's development opportunities with other countries in the world.

*Q1 China auto exports surpassed those of Japan and became the largest exporter for the first time. MoF will work with relevant departments to strengthen transportation guarantee, promote the medium and long term strategic cooperation between automobile and shipping enterprises and expand automobile export transportation capacity, encourage automobile enterprises to cooperate with domestic and foreign financial institutions to innovate financial products and services to better meet the needs of enterprises, support automobile enterprises to improve international marketing and after-sales service system, enhance overseas brand publicity and establish a good brand image.

*The Central Committee of the CPC and the State Council issued the outline of the National Water Network Construction Plan which pointed out to speed up the building of the backbone of the national water network and scientifically advance the planning and construction of a number of major diversion and drainage projects.

Co Focus

*NVIDIA US stocks rose more than 20% before trading, the Q2 revenue outlook released previously exceeded expectations. The co significantly increased the supply of data center chips and chip supply will increase significantly in the second half of the year.

*CATL and JA SOLAR reached a cooperation to jointly accelerate the "double carbon" target process during the Shanghai SNEC exhibition.

 

May 25 Block Trade Info

*Discount

- Piotech (688617 CH) saw 15 block trades worth 579.27mn in ttl at 355.19/370.46yuan per share, 3.01/7.01pct discount from last closing.

- Zhongman Petroleum and Natural Gas (603619 CH) saw 6 block trades worth 269.92mn in ttl at 16.87yuan per share, 1.23pct discount from last closing.

- Cnooc (600938 CH) saw 1 block trades worth 180.77mn in ttl at 17.85yuan per share, 1.38pct discount from last closing.

- Jonjee Hi-tech (600872 CH) saw 3 block trades worth 393.39mn in ttl at 32.87yuan per share, 10.41pct discount from last closing.

- Tuoxin Pharm (301089 CH) saw 1 block trades worth 197.13mn in ttl at 68.21yuan per share, 19.00pct discount from last closing.

- Zhongji Innolight (300308 CH) saw 5 block trades worth 96.06mn in ttl at 81.97yuan per share, 12.03pct discount from last closing.

 

*Premium

- Hengli Petrochemical (600346 CH) saw 1 block trades worth 159.91mn in ttl at 16.14yuan per share, 5.35pct premium 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 saw weak performance. July NYMEX crude oil contract down 3.4% to closed at $71.81/b, July Brent contract down 2.71% to closed at $76.11/b. INE crude oil active contract down 2.13% to 518.3 yuan/b.

* Precious metals closed down collectively. COMEX gold contract down 1.17% to closed at $1941.7/oz. SHFE gold active contract down 0.70% to closed at 445.46 yuan/gram.

* Metals closed up mostly, LME tin up 2.73%, LME nickel up 1.73%, LME copper up 1.12%, LME zinc down 2.4% on the contrast. SHFE tin up 1.74%, SHFE nickel up 1.11%, SHFE aluminum up 0.99%. SHFE zinc down 1.12%.

* Commodity futures closed down mostly. Chemistry and energy products performed mixed, methanol down 3.49%, fuel oil down 2.82%, LPG down 2.32%, glass down 1.41%. Black series closed down mostly, coking coal down 4.97%, coke down 4.41%, iron ore down 1.17%. Agricultural products closed mixed, soybean oil up 2.74%, RBD palm olein up 2.7%, rapeseed oil up 2.2%, sugar down 1.93%, rapeseed meal down 1.7%.

 

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