DZ20230619

 

Policy

*The State Council Premier Li Qiang presided over National Conference to research on a batch of policy measures to promote sustained economic recovery and improvement which pointed out to provide technology-based enterprises with diversified relay financial services throughout the entire life cycle.

 

Industrial Economy

*Ministry of Foreign Affairs: Typical conviction for European Commission no longer uses Huawei and ZTE 5G SERVICES.

*MoF and other five central departments jointly issued the "Guiding Opinions on Financial Support for Comprehensively Promoting Rural Revitalization and Building an Agricultural Power" which pointed out that various financial institutions should actively meet the financing needs of grain production entities to expand production capacity, equipment transformation and technological upgrading. Increase credit investment for high-standard farmland and water conservancy infrastructure construction, encourage bundled and packaged eligible projects throughout the province. Increase support for financing modern facility agriculture and advanced agricultural machinery research and development.

 

Financials

*CSRC: To build a modern capital market with Chinese characteristics, firmly stand firm with the people's stance and actively guide market expectations to create a good environment for the stable and healthy development of the capital market. Create a coordinated market environment and ecology for the allocation of residents' assets.

*The seed industry giant SYNGENTA's 65 billion yuan A-share main board IPO application was approved by the SSE which is the fourth largest IPO in A-share history.

*PBoC and SAFE: Expand the scope of digital business handled by banks to cross-border capital settlement business for capital projects.

 

Co Focus

*Tencent Cloud will hold an industry model technology summit focusing on intelligent applications and industry landing.

*CATL and Shenzhen Government signed strategic cooperation framework agreement to help Shenzhen to build a world-class new energy storage industry center and accelerate the construction of a new generation of world-class automobile city.

 

 

June 16 Block Trade Info

*Discount

- Novosense Microelectronics (688052 CH) saw 6 block trades worth 310.19mio at 180.53yuan per share, 10.65pct discount from last closing.

- Guangxin Agrochemical (603599 CH) saw 17 block trades worth 102.67mn at 23.96yuan per share, 6.99pct discount from last closing.

- CICC (601995 CH) saw 2 block trades worth 1.06bn at 37.70yuan per share, 5.51pct discount from last closing.

- Aiko Solar Energy (600732 CH) saw 1 block trades worth 172.31mn at 27.35yuan per share, 7.00pct discount from last closing.

- Pharmaron (300759 CH) saw 1 block trades worth 180.00mn at 45.00yuan per share, 6.17pct discount from last closing.

 

*Flat

- Zhongji Innolight (300308 CH) saw 3 block trades worth 65.10mn at 155.00yuan per share, flat from last closing.

- Midea (000333 CH) saw 1 block trades worth 151.71mn at 58.35yuan 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 up collectively. July NYMEX crude oil contract up 1.23% to closed at $71.68/b, August Brent contract up 0.9% to closed at $76.35/b. INE crude oil active contract up 1.71% to 535.3 yuan/b.

* Precious metals closed with narrow change. COMEX gold contract remained constant and closed at $1970.7/oz. SHFE gold active contract up 0.15% to closed at 450.5 yuan/gram.

* Metals closed mixed, LME tin down 1.19%, LME zinc down 0.36%, LME aluminum up 0.82%, LME copper up 0.32%. SHFE tin down 1.28%, SHFE nickel down 1.05%, SHFE zinc down 0.39%, SHFE lead up 0.49%.

* Commodity futures closed up collectively. Chemistry and energy products saw strong performance mostly, EB up 1.27%, fuel oil up 1.16%, glass down 2.69% on the contrast. Black series closed up collectively, iron ore up 1.6%, coke up 1.41%, coking coal up 1.3%. Agricultural products performed strong, No.2 soybeans up 3.52%, RBD palm olein up 3.22%, soybean oil up 3.01%, rapeseed meal up 2.89%.

 

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