DZ20230706

 

International Relationship

*Premier Li Qiang of the State Council met with a visiting group led by He Yeyangping, president of the Japanese Association for the Promotion of International Trade in Beijing on the 5th, whom stated that China is firmly committed to promoting high-level opening-up to the outside world, and will continue to support Japanese companies in expanding investment cooperation with China.

 

Industrial Economy

*MIIT: Accelerate the construction of new infrastructure, promote the systematic development and large-scale deployment of digital infrastructure, and accelerate the construction of a comprehensive intelligent digital information infrastructure with high-speed ubiquitous, integration of heaven and earth, cloud-network integration, intelligence agility, green low-carbon, safe and controllable. Enhance digital development momentum, accelerate the innovative development of strategic emerging industries such as big data, AI and intelligent connected vehicles, vigorously develop advanced manufacturing industry, promote the strengthening, optimization and expansion of digital economy, and cultivate new economic engines, said by Wang Jiangping in the 2023 Global Digital Economy Conference.

*Ministry of Natural Resources: Closely focus on the national strategic needs, promote the implementation of a new round of strategic actions for mineral exploration, achieve the improvement of important mineral production capacity, and strengthen mineral resource reserves.

*Zhejiang province issued the "Implementation Opinions on Promoting High-Quality Economic Development of Platforms" on July 5th, which pointed outencourage platform enterprises to use innovative technologies such as blockchain, digital twins and expanding reality to create diverse application scenarios for the future. Support platform enterprises' technological innovation and optimize the layout of AI computing power platforms. Encourage platform enterprises to build open and shared cloud platforms and continue to promote the opening and sharing of public data.

 

Financials

*MoC held a roundtable meeting for foreign-funded enterprises, carefully listening to the business situation, problem demands and 25 opinions and suggestions of foreign-funded enterprises in the pharmaceutical industry in China. Through this mechanism arrangement, respond promptly to address corporate concerns, and help foreign-funded enterprises develop steadily and in China for a long time.

*At the "Data Elements Summit" of the 2023 Global Digital Economy Conference, four institutions including the IDSA and IPv6Forum officially signed cooperation agreements to establish a strategic partnership and cooperate in multiple aspects such as rules, technology, standards, practice and industrial ecology to jointly build data infrastructure to help global data circulation and drive global digital economic development.

 

Data

*CPCAAUTO: Preliminary statistics show that the retail sales of passenger cars in June were 1.896mio units, down 2% y/y and up 9% m/m, the retail sales of NEV in June were 638k units, up 19% y/y and up 10% m/m.

 

July 5 Block Trade Info

*Discount

- Kotei Infomatics (301221 CH) saw 2 block trades worth 126.65mn at 71.96yuan per share, 3.01pct discount from last closing.

- Dk Electronic Material (300842 CH) saw 1 block trades worth 151.72mio at 86.45yuan per share, 3.50pct discount from last closing.

- Zhangjiagang Rural Commercial Bank (002839 CH) saw 1 block trades worth 115.50mio at 3.85yuan per share, 10.05pct discount from last closing.

- Century Huatong (002602 CH) saw 1 block trades worth 192.96mio at 6.64yuan per share, 2.06pct discount from last closing.

- Changan Auto (000625 CH) saw 1 block trades worth 138.00mio at 13.80yuan per share, 1.99pct discount from last closing.

 

*Premium

- Sinobioway (002581 CH) saw 1 block trades worth 106.00mn at 21yuan per share, 8.30pct premium 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. August NYMEX crude oil contract up 2.92% to closed at $71.83/b, September Brent contract up 0.41% to closed at $76.56/b. INE crude oil active contract up 1.10% to 559.8 yuan/b.

* Precious metals closed mix. COMEX gold contract down 0.35% to closed at $1922.7/oz. SHFE gold active contract down 0.04% and closed at 451.12 yuan/gram.

* Metals closed mixed, LME nickel up 3.33%, LME tin up 0.88%, LME zinc down 2.36%, LME aluminum down 1.41%, LME lead down 1.31%. SHFE nickel up 3.92%, SHFE tin up 2.18%, SHFE zinc down 1.29%.

* Commodity futures closed mixed. Chemistry and energy products saw weak performance, EB down 0.82%, bleached softwood kraft pulp down 0.7%. Black series closed up collectively, coke up 1.52%, coking coal up 1.06%, iron ore up nearly 1%. Agricultural products closed down mostly, No,2 soybeans down 1.52%, rapeseed oil up 1.22%.

 

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