DZ20230601

 

Industrial Economy

*NDRC held a symposium on energy conservation work in some provinces and cities which emphasized to promote energy conservation and carbon reduction in key areas. Carry out energy efficiency benchmarking and meeting standards, deeply tap into energy-saving potential, promote energy-saving and carbon reduction transformation in industries like coal-fired power, steel, nonferrous metals, petrochemicals, chemicals and building materials.

*MIIT: The national standard for "Blockchain and Distributed Accounting Technology Reference Architecture" (GB/T42752-2023) has been officially released recently which is the first national standard in the field of blockchain technology approved and released in China, further accelerating the standardization process of blockchain and laying a foundation for high-quality development of blockchain industry.

*MIIT organized a special investigation on supporting Sichuan province to build vadium and titanium strategic materials, NEV, integrated circuits and other important industry backup bases.

 

Data

*CPCAAUTO released data showing that from May 1st to 28th, retail sales of passenger car market of 1.392mio units, up 19% y/y, down 6% m/m, with NEV retail sales of 0.483mio units, up 82% y/y.

Co Focus

*HSBC announced the launch of 3 billion US dollars in new economic credit funds, targeting new economy enterprises in both mainland China and Hong Kong. The focus of services covers a wide range of new economic fields like technology, medical care, environmental protection technology, advanced manufacturing industry and new consumption, further enhancing support for new economic industries in mainland China and Hong Kong.

 

May 31 Block Trade Info

*Discount

- Foxconn (601138 CH) saw 5 block trades worth 685.2mn at 17.13yuan per share, 5.10pct discount from last closing.

- Aiko Solar (600732 CH) saw 19 block trades worth 146.23mn at 32.01yuan per share, 7.14pct discount from last closing.

- Joy Intelligent Logistics (301198 CH) saw 5 block trades worth 47.58mn at 16.02yuan per share, 4.98pct discount from last closing.

 

*Flat

- Southern Publishing & Media (601900 CH) saw 8 block trades worth 91.16mn at 24.84yuan 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 saw weak performance. July NYMEX crude oil contract down 2.72% to closed at $67.57/b, August Brent contract down 2.16% to closed at $72.12/b. INE crude oil active contract down 1.81% to 500.2 yuan/b.

* Precious metals closed up collectively. COMEX gold contract up 0.2% to closed at $1981/oz. SHFE gold active contract up 0.60% to closed at 451.84 yuan/gram.

* Metals closed down mostly, LME lead down 2.57%, LME zinc down 2.19%, LME nickel down 1.91%. LME aluminium up 1.03% on the contrast. SHFE nickel down 2.15%, SHFE zinc down 1.44$, SHFE tin down 0.65%, SHFE aluminum up 1.00%.

* Commodity futures closed up mostly. Chemistry and energy products saw strong performance, soda ash up 4.22%, methanol up 2.49%, glass up 1.49%. Black series went up collectively, iron ore up 2.42%, coke up 2.06%, steel rebar up 1.83%. Agricultural products closed up mostly, rapeseed meal up nearly 1%, rapeseed oil down 1.41%, RBD palm olein down 1.09%.

 

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