DZ20230613

 

Industrial Economy

*The Ministry of Culture and Tourism has proposed five major tasks for the pilot work of credit and economic development in the cultural and tourism market which promote the high-quality development of the industry.

*Wang Zhigang, head of Ministry of Science and Technology stated to strengthen the top-level design of national quantum science and technology work when he investigated the development of quantum science industry on June 12th.

*The Ministry of Agriculture and Rural Affairs and 7 other departments jointly issued the "Opinions on Accelerating the Development of Deep Sea Breeding" which pointed out to strengthen institutional guarantees such as far-reaching marine aquaculture use, increase investment in facilities and equipment construction, revitalization of the aquaculture seed industry and cultivation of the whole industrial chain, and give policy support in credit and insurance.

*The procurement and manufacturing contract of first 300 MW and 400 MW domestically produced variable-speed pumped storage units was signed in Guangzhou, marking that the development of large-scale variable-speed pumped storage units in China has officially entered a new stage of engineering application.

*Shanghai Municipal Government Standing Committee researched and supported the development of productive internet service platforms, promoting high-quality development of Cross-border E-commerce.

 

Financials

*A senior executive of a Chinese photovoltaic company was reported to betaken away after getting off the plane in Munich whom wanted to participated in 2023 Intersolar Europe, possibly involving "triangle trade" and visa issues.

 

Policy

June 12 Block Trade Info

*Discount

- Frd Sci&Tech (300602 CH) saw 1 block trades worth 134.94mn at 13.75yuan per share, 10.42pct discount from last closing.

 

*Flat

- Wantai Biological (603392 CH) saw 3 block trades worth 85.96mn at 69.27yuan per share, flat from last closing.

- Yangtze Power (600900 CH) saw 1 block trades worth 109.66mn at 22.38yuan per share, flat from last closing.

- Midea (000333 CH) saw 1 block trades worth 149.11mn at 57.35yuan 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 4.03% to closed at $67.34/b, August Brent contract down 3.54% to closed at $72.14/b. INE crude oil active contract down 4.36% to 502.4 yuan/b.

* Precious metals closed down collectively. COMEX gold contract down 0.27% to closed at $1971.8/oz. SHFE gold active contract down 0.03% to closed at 451.96 yuan/gram.

* Metals closed down mostly, LME zinc down 2.97%, LME aluminum down 2.05%, LME tin down 1.91%, LME copper down 1%. SHFE nickel down 1.63%, SHFE tin down 1.43%, SHFE zinc down 1.16%.

* Commodity futures closed down mostly. Chemistry and energy products saw weak performance, EB down 3.08%, fuel oil down 3.08%, soda ash down 1.9%. Black series closed up mostly. Agricultural products performed weak, RBD palm olein down 1.27%.

 

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