DZ20230612

 

Industrial Economy

*Li Qiang, premier of the State Council took a research in Liaoning province whom pointed out to build a batch of high-level innovation platforms to cultivate a number of advanced manufacturing clusters,vigorously optimize the business environment and promote new breakthroughs in the comprehensive revitalization of Northeast China.

*National Healthcare Security Administration and other four departments will jointly carry out special rectification work against insurance fraud, looking closely at the fields of orthopedics, mental health and rehabilitation.

*SAC issued the "Three-Year Improvement Plan for Networks and Information Security of Securities Companies (2023-2025)" which pointed out to comprehensively enhance the network and information security of securities companies, encourage brokers to transition to a distributed architecture and increase cloud deployment and invest no less than 10% of their average net profit or 7% of their average operating income in IT over the next three years.

*Hangzhou will focus on promoting the great development and innovation of the AI industry, provide high-quality and inclusive computing power support for enterprise innovation and increase eforts to attract leading enterprises, said by Yao Gaoyuan, mayor of Hangzhou in GAITC 2023.

 

Financials

*Yi Gang, head of PBoC went to Shanghai to investigate the work of financial support for the real economy and promoting high-quality development, had in-depth exchanges with some representatives from enterprises and financial institutions in Shanghai, continue to accurately and effectively implement a prudent monetary policy to maintain stable currency values and financial stability, increase efforts to support financing in key areas such as technology-based enterprises and green development.

 

Policy

*CSRC solicited public opinions on the management regulations for public fund investment advisory business which further promoted the transformation of fund investment advisory business into routine.

 

June 9 Block Trade Info

*Discount

- Aiko Solar Energy (600732 CH) saw 9 block trades worth 143.31mn at 34.21yuan per share, 9.69pct discount from last closing.

- Weihong Electronic (300508 CH) saw 11 block trades worth 65.46mn at 30.00yuan per share, 12.41pct discount from last closing.

- Mingchen Health (002919 CH) saw 16 block trades worth 157.98mn at 36.40yuan per share, 14.77pct discount from last closing.

- Wanda Film (002739 CH) saw 13 block trades worth 167.84mn at 11.39yuan per share, 8.81pct discount from last closing.

 

*Flat

- Wantai Biological (603392 CH) saw 2 block trades worth 163.13mn at 66.45yuan per share, flat from last closing.

- Yangtze Power (600900 CH) saw 1 block trades worth 114.30mn at 22.86yuan per share, flat from last closing.

- Midea (000333 CH) saw 1 block trades worth 134.66mn at 56.11yuan 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 1.32% to closed at $70.35/b, August Brent contract down 1.26% to closed at $75.00/b. INE crude oil active contract down 1.03% to 521.2 yuan/b.

* Precious metals closed mixed. COMEX gold contract down 0.15% to closed at $1975.7/oz. SHFE gold active contract up 0.17% to closed at 452.34 yuan/gram.

* Metals closed up mostly, LME tin up 1.44%, LME lead up 1.06%, LME zinc down 1.49%. SHFE nickel up 1.82%, SHFE tin up 1.65%, bonded copper up 0.57%, SHFE lead up 0.56%, SHFE copper up 0.54%.

* Commodity futures closed up mostly. Chemistry and energy products saw strong performance, fuel oil up 2.07%, bleached softwood karft pulp up 1.5%, soda ash up 1.22%, PVC up 1.01%. Black series closed up mostly. Agricultural products performed strong, soybean oil up 2.62%, rapeseed oil up 2.54%, RBD palm olein up 2.44%, No.2 soybeans up 1.69%.

 

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