DZ20230703

 

International Relationship

*China MoF confirms US Treasury Secretary Janet Yellen to visit China July 6-9.

 

Policy

*The Political Bureau of the Central Committee held a meeting to review the "Opinions on Supporting Several Policy Measures to Build Xiong'an New Area with High Standards and Quality", Xiong'an Comprehensive Bonded Zone has officially obtained the approval of the State Council and was established.

*PBoC has increased its re-lending and re-discounting quota by 200 billion yuan to further increase financial support for "agriculture,rural areas and farmers", small and micro enterprises and private enterprises, playing a precise role in drip irrigation, reducing social financing costs, promoting expanding employment and supporting the recovery of endogenous economic power.

 

Industrial Economy

*The Netherlands government issued new regulations on semiconductor equipment export controls on June 30th. Lithography giant ASML responded to export controls that not all impregnated DUV equipment exports require government permission from the Netherlands.

*MIIT and five other departments issued implementation opinions on improving the reliability of the manufacturing industry, which pointed out to improve the reliability level of high-end general-purpose chips such as SoC/MCU/GPU for electronic equipment, deepen the continuous improvement of the reliability level of related products such as automotive driving systems.

*NDRC: Accelerate the development of advanced manufacturing clusters, consolidate the position of advantageous industries such as NEV, 5G and photovoltaic, said by Zheng Zhajie, head of NDRC.

 

Financials

*CSRC announced the first batch of "Specialized and special new" special board construction plan filing list including a total of 9 regional equity markets that meet the requirements for special board construction.

*The PBoC Monetary Policy Committee held a regular meeting for the second quarter of 2023 which pointed out that comprehensive measures and stable expectations are taken to resolutely prevent the risk of large exchange rate fluctuations and falls.

 

Data

*MIIT disclosed the operation of the internet and related service industries from January to May 2023, China's above-scale internet and related service enterprises completed an Internet business revenue of 531 billion yuan, up2.8% y/y.

 

June 30 Block Trade Info

*Discount

- CICC (601995 CH) saw 1 block trades worth 184.17mn at 33.40yuan per share, 5.97pct discount from last closing.

- Cimc Vehicles (301039 CH) saw 18 block trades worth 131.64mio at 11.34yuan per share, 14.29pct discount from last closing.

- Piotech (688072 CH) saw 4 block trades worth 104.33mio at 371.62yuan per share, 12.76pct discount from last closing.

 

*Flat

- Great River Smarter Logistics (002930 CH) saw 1 block trades worth 319.12mn at 22.77yuan per share, flat from last closing.

- Midea (000333 CH) saw 2 block trades worth 256.66mn at 58.92yuan 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 slightly. August NYMEX crude oil contract up 0.84% to closed at $70.45/b, September Brent contract up 0.76% to closed at $75.08/b. INE crude oil active contract up 1.45% to 552.7 yuan/b.

* Precious metals closed up collectively. COMEX gold contract up 0.52% to closed at $1927.8/oz. SHFE gold active contract up 0.66% and closed at 450.84 yuan/gram.

* Metals closed up mostly, LME zinc up 2.26%, LME lead up 2.23%, LME copper up 1.74%, LME nickel down 1.13% on the contrast. SHFE zinc up 1.33%, bonded copper up 1.26%, SHFE tin up 1.12%, SHFE copper up 1.10%.

* Commodity futures closed up collectively. Chemistry and energy products saw strong performance, EB up 1.72%, fuel oil up 1.49%, PTA up 1.23%. Black series closed mixed, coking coal up 1.71%, coke up nearly 1%. Agricultural products moved up collectively, rapeseed oil up 1.8%, RBD palm olein up 1.79%, soybean oil up 1.78%.

 

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