DZ20230628

 

International Relationship

*Xi Jinping met New Zealand Premier on June 27th whom stated to work together to start a new 50-year relationship between the two countries and promote the steady development of China-New Zealand comprehensive strategic partnership.

 

Industrial Economy

*Ministry of Finance and State Administration of Taxation jointly stated to strengthen the promotion and guidance of policies to extend and optimize the purchase tax reduction and exemption for NEV.

*The Ministry of Education issued a notice to deploy the work of managing off-campus training in the summer of 2023 which pointed out to strictly prevent summer discipline training institutions from opening classes in violation of regulations and non-disciplinary training institutions carrying out.

*The total number of 5G base stations in China has reached 2.844 million, achieving "county-to-county 5G", said by vice president of China Academy of Information and Communication.

*MIIT issued regulations on the division of radio frequencies of the PRC and will be officially implemented from July 1st, which took the lead in dividing the 6GHz band globally for 5G/6G systems.

*Ministry of Housing and Urban-Rural Development: Improve housing quality, explore the establishment of a housing pension system, further expand cooperation between housing and urban-rural development fields and financial institutions, accelerate the construction and delivery of residential projects that have already been sold overdue and difficult to deliver.

*The EPC general contracting of the 4GW photovoltaic off-grid hydrogen production project was terminated. The bidding agency responded that there should be another bidding process after the project is suspended.

*JINKOSOLAR、LONGI、TONGWEI and other nine leading photovoltaic component companies have unified the standard size of rectangular silicon wafers.

 

Financials

*SASAC: Accelerate the construction of a modern new state-owned enterprise with new development methods, new corporate governance, new operating mechanisms and new layout structures, said by Zhang Yuzhuo, head of SASAC in the opening ceremony of the 2023 Summer Davos Forum.

 

June 28 Block Trade Info

*Discount

- Roborock Tech (688169 CH) saw 8 block trades worth 103.63mio at 296.77yuan per share, 8.64pct discount from last closing.

- Kingsoft Office Software (688111 CH) saw 15 block trades worth 152.82mio at 454.10yuan per share, 10.00pct discount from last closing.

- Ja Solar Tech (002459 CH) saw 1 block trades worth 300.75mio at 40.10yuan per share, 5.49pct discount from last closing.

 

*Premium

- China Yangtze Power (600900 CH) saw 3 block trades worth 261.54mio at 22.78/23.22yuan per share, 2.98/4.97pct premium from last closing.

 

*Flat

- Hangke Tech (688006 CH) saw 7 block trades worth 267.95mn at 29.82yuan per share, flat from last closing.

- Beijing-Shanghai High Speed Railway (601816 CH) saw 2 block trades worth 2.53bn at 5.16yuan per share, flat from last closing.

- CACL (300750 CH) saw 3 block trades worth 264.48mn at 223.47yuan per share, flat from last closing.

- Century Huatong (002602 CH) saw 1 block trades worth 177.84mn at 7.41yuan per share, flat from last closing.

- TCL (000100 CH) saw 6 block trades worth 341.53mn at 3.76yuan per share, flat from last closing.

- Midea (000333 CH) saw 4 block trades worth 298.42mn at 59.69yuan 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. August NYMEX crude oil contract down 1.93% to closed at $68.03/b, September Brent contract down 1.96% to closed at $72.89/b. INE crude oil active contract down 1.90% to 531.7 yuan/b.

* Precious metals closed down collectively. COMEX gold contract down 0.54% to closed at $1923.3/oz. SHFE gold active contract down 0.64% and closed at 446.86 yuan/gram.

* Metals closed up mostly, LME nickel up 2.63%, LME tin up 2.4%, LME aluminum up 2.05%, LME zinc up 1.8%. SHFE tin up 1.64%, SHFE aluminum up 0.61%, bonded copper and SHFE copper down 0.59% and 0.51% on the contrast.

* Commodity futures closed up mostly. Chemistry and energy products closed up collectively, MEG up nearly 1%. Black series closed up collectively, iron ore up 1.85%, coke up 1.72%, coking coal up nearly 1%. Agricultural products moved down mostly, No.2 soybeans down 1.99%, rapeseed oil down 1.63%, rapeseed meal down 1.48%.

 

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