DZ20230609

 

Xi’s emphasis

*Chairman Xi Jinping visited and surveyed Inner Mongolia Central Industrial Park, focusing on development of new energy and new materials industry, the optimization and adjustment of industrial structure, promotion of green and low-carbon development, and the R&D and production of semiconductor and photovoltaic materials and other products of enterprises in the park.

 

Industrial Economy

*Liaoning issued notice that at least 17 projects for assisted reproduction are included in maternity insurance payments and individuals pay 10% of their own payments first from the July 1, 2023.

*MoC issued a notice to organize and carry out automobile consumption promotion activities, about 100 cities with distinctive features and complementary advantages will be selected to form a list of key activities for "one hundred cities linkage", promote marketable models to go to the countryside, strengthen the preferential policies for car purchases and promote the improvement of rural charging infrastructure.

 

Financials

*The first batch of overseas issuance and listing companies with filing system have been confirmed by the CSRC, data showing that as of June 1st, there are already 43 plans for this year IPO enterprise submit filing materials, including autonomous driving and biomedicine enterprises.

 

Co Focus

*KINGSEMI (688037 CH) has deepened its cooperative relationship with domestic Chiplet packaging manufacturers and successfully realized the bulk import of various equipment in recent years.

 

Data

*CPCAAUTO: May retail sales of general passenger cars reached 1.762mio units, up 28.2% y/y and up 7.3% m/m, with NEV retail sales of 580k units, up 60.9% y/y and up 10.5% m/m.

 

June 8 Block Trade Info

*Discount

- Hwatsing Tech (688120 CH) saw 1 block trades worth 251.46mn at 314.33yuan per share, 1.99pct discount from last closing.

- Bestore (603719 CH) saw 9 block trades worth 38.35mn at 25.91yuan per share, 8.96pct discount from last closing.

- Hongta Securities (601236 CH) saw 21 block trades worth 139.16mn at 7.1/7.13yuan per share, 9.06/9.44pct discount from last closing.

- Aiko Solar Energy (600732 CH) saw 9 block trades worth 70.54mn at 33.84yuan per share, 9.01pct discount from last closing.

 

*Flat

- Yangtze Power (600900 CH) saw 3 block trades worth 226.6mn at 22.66yuan per share, flat from last closing.

- Midea (000333 CH) saw 1 block trades worth 142.23mn at 56.89yuan 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 moved down collectively. July NYMEX crude oil contract down 2.18% to closed at $70.95/b, August Brent contract down 1.81% to closed at $75.56/b. INE crude oil active contract down 1.16% to 527.3 yuan/b.

* Precious metals closed up collectively. COMEX gold contract up 1.11% to closed at $1980.1/oz. SHFE gold active contract up 0.30% to closed at 451.30 yuan/gram.

* Metals closed up mostly, LME aluminum up 2.01%, LME copper up 0.95%, LME tin up 0.82%, LME zinc up 0.58%, LME nickel down 1.71%. SHFE tin up 1.36%, SHFE aluminum up 0.88%, SHFE nickel down 1.26% on the contrast.

* Commodity futures closed up mostly. Chemistry and energy products saw mixed performance, MEG down 1.7%, LPG down 1.13%. Black series closed up collectively, iron ore up 2.29%, coke up 1.5%, coking coal up 1.22%, steel rebar up 1.15%. Agricultural products closed up mostly, sugar up 1.44%, No.2 soybeans up 1.4%.

 

Download PDF

 

DISCLAIMER

The report is issued by Orient Securities Co. LTD (Orient Securities) and Shanghai Orient Futures Co. LTD (Orient Futures) to institutional investors. Opinions expressed may differ from those of other divisions of Orient Securities, including Orient Securities Research Institute. Orient Securities may trade as principal in instruments identified herein and may accumulate/have accumulated a long or short position in instruments or derivatives thereof. Orient Securities has policies designed to negate conflicts of interest. This e-mail is not an official confirmation of terms and unless stated, is not a recommendation, offer or solicitation to buy or sell. Any prices or quotations contained herein are indicative only. Communications may be monitored.