DZ20230711

 

Industrial Economy

*The State Administration for Market Regulation revised and issued the "Administrative Measures for the Registration of Infant Formula Milk Powder Products in Infantry" which clearly prohibiting disguised packaging and eight situations that are not registered and will be implemented from October 1, 2023.

*MoF decided to conduct a final review investigation on anti-dumping measures applicable to imported fiber preforms originating from Japan and the United States starting from July 11, 2023.

*NDRC: solidly promote the Chinese-style modernization construction with high-quality development and firmly implement the strategy of expanding domestic demand. To better coordinate and expand domestic demand and deepen the supply-side structural reform, enhance the domestic circulation power and reliability. Solidly promote the Chinese-style modernization construction with high-quality development, adhere to the direction of socialist market economic reform. Increase urban and rural residents' income through multiple channels, stabilize bulk consumption such as automobiles and promote NEV to go to the countryside.

*The Internet Information Office issued a notice on strengthening the management of "self-media". The website platform should require "self-media" to be responsible for the authenticity of the information reprinted by it and must not affect the authenticity of information by means of splicing clips and synthetic counterfeiting.

*General Administration of Customs and Ministry of Agriculture and Rural Affairs jointly issued notice to prevent African swine fever from spreading into China and will be implemented from the date of publication.

*PBoC and State Administration for Financial Supervision and Administration jointly issued the "Notice on Extending the Policy Period for Financial Support for the Stable and Healthy Development of the Real Estate Market", which will uniformly extend the applicable period to December 31, 2024.

 

Financials

*MIIT: vigorously strengthen the construction of basic disciplines, national defense characteristic disciplines, emerging disciplines and establish a multidisciplinary collaborative innovation mechanism guided by major scientific and technological issues. Strengthen innovation and research, improve the strategic strength of technological self-reliance, self-improvement, accelerate the breakthrough of key areas, basic theories and key core technologies.

 

Data

*CPCAAUTO: The general passenger car market retailed of 1.894 million vehicles in June, a y/y decrease of 2.6% and a m/m increase of 8.7%. With the retail sales of NEV in June reached 665k units, a y/y increase of 25.2% and a m/m increase of 14.7%.

 

July 10 Block Trade Info

*Discount

- Genew Tech (688418 CH) saw 1 block trades worth 119.06mn at 19.45yuan per share, 9.62pct discount from last closing.

- Juneyao Grand Healthy (605388 CH) saw 17 block trades worth 50.04mio at 11.65yuan per share, 9.76pct discount from last closing.

- Nanjing Securities (601990 CH) saw 1 block trades worth 100.04mio at 7.92yuan per share, 4.00pct discount from last closing.

 

*Flat

- China Yangtze Power (600900 CH) saw 2 block trades worth 191.40mn at 22.00yuan 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 closed down mostly. August NYMEX crude oil contract down 0.88% to closed at $73.21/b, September Brent contract down 0.78% to closed at $77.86/b. INE crude oil active contract up 0.60% to 566.9 yuan/b.

* Precious metals saw narrow fluctuation. COMEX gold contract down 0.08% to closed at $1930.9/oz. SHFE gold active contract remained constant and closed at 451.90 yuan/gram.

* Metals closed up mostly, LME nickel up 1.04%, LME lead up 0.51%, LME aluminum up 0.4%, LME tin down 1.91% on the contrast. SHFE zinc up 0.70%, SHFE nickel up 0.67%, SHFE lead up 0.58%, SHFE tin down 1.36%.

* Commodity futures closed up mostly. Chemistry and energy products saw strong performance, methanol up 3.3%, soda ash up 3.26%, glass up 2.33%. Black series closed mixed, coke up 1.75%, coking coal up 1.13%. Agricultural products saw strong performance, rapeseed oil up 3.48%, RBD palm olein up 2.66%, rapeseed meal up 2.34%.

 

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