DZ20230712

 

Xi’s emphasis

*Chairman Xi Jinping presided over the second meeting of the Central Comprehensive Deepening Reform Committee on the afternoon of July 11th, which approved and issued “opinions on promoting energy consumption dual control gradually turning into carbon emission dual control”, “opinions on further deepening petroleum, natural gas implementation”, “opinions on market system reform and enhancing national oil and gas security capabilities”, and “guidance on deepening the reform of the power system and accelerating the construction of a new power system”.

 

Industrial Economy

*Ministry of Science and Technology held a symposium in Beijing which pointed out to strengthen the dominant position in enterprise technological innovation, accelerate the cultivation of leading enterprises in science and technology and build a national strategic scientific and technological force.

*National Health Commission issued a notice requiring all regions to actively implement and optimize childbirth policies and establish a sound birth support policy system. In recent years, various regions have actively promoted the introduction of fertility support measures. China's birth support policy system has been initially established currently.

 

Financials

*HKEX Group Chief Executive Officer: Has studied with partners to include the RMB counter in the southbound Hong Kong Stock Connect, paved the way for mainland investors to trade eligible companies through the Hong Kong Stock Connect's RMB counters, including international companies that trade in Hong Kong.

 

Data

*China's new RMB loans increased by 3.05 trillion yuan in June, an increase of 229.6 billion yuan y/y, exceeding market expectations. New RMB loans increased by 15.73 trillion yuan in first half of the year, an increase of 2.02 trillion yuan y/y.

*China's M2 money supply in June increased by 11.3% y/y, estimated at 11.2%, and the previous value was 11.6%.

*China's social financing scale increased by 4.22 trillion yuan in June, estimated at 3.1 trillion yuan, and the previous value was 1.5556 trillion yuan. exceeding market expectations.

 

Co Focus

*Hundsun (600570 CH) has clarified rumors that the Ant Financial will establish a financial IT software sector and dived its cake, the daily operation of the company is normal and there is no undisclosed information.

 

July 11 Block Trade Info

*Discount

- Kingsoft Office (688111 CH) saw 13 block trades worth 208.82mn at 397.68yuan per share, 9.00pct discount from last closing.

- Loongson Tech (688047 CH) saw 1 block trades worth 242.44mio at 110.20yuan per share, 5.00pct discount from last closing.

- Red Avenue New Materials (603650 CH) saw 27 block trades worth 154.03mio at 29.38yuan per share, 7.73pct discount from last closing.

- Gan&Lee Pharm (603087 CH) saw 18 block trades worth 98.69mio at 35.02yuan per share, 13.83pct discount from last closing.

- Seres Group (601127 CH) saw 3 block trades worth 1.03bn at 46.21yuan per share, 5.00pct discount from last closing.

- Desay Sv Auto (002920 CH) saw 3 block trades worth 353.19mio at 160.54yuan per share, 6.88pct discount from last closing.

- Changan Auto (000625 CH) saw 1 block trades worth 139.60mio at 13.96yuan per share, 2.31pct discount from last closing.

 

*Flat

- Wantai Biological Pharmacy (603392 CH) saw 2 block trades worth 400.03mn at 64.22yuan per share, flat from last closing.

- 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 up collectively. August NYMEX crude oil contract up 2.49% to closed at $74.81/b, September Brent contract up 2.15% to closed at $79.36/b. INE crude oil active contract up 1.30% to 576.3 yuan/b.

* Precious metals saw narrow fluctuation. COMEX gold contract up 0.34% to closed at $1937.6/oz. SHFE gold active contract up 0.11% and closed at 452.14 yuan/gram.

* Metals closed mixed, LME nickel down 1.54%, LME copper down 0.42%, LME aluminum up 1%, LME zinc up 0.79%. SHFE zinc down 0.82%, bonded copper down 0.66%, SHFE copper down 0.57%, SHFE tin up 0.25%.

* Commodity futures closed mixed. Chemistry and energy products saw strong performance, LPG up 2%, PTA up 1.58%, bitumen up 1.44%. Black series closed up collectively, coking coal up 2.03%, coke up 1.76%, iron ore up 1.12%. Agricultural products closed down mostly, corn starch and RBD palm olein down nearly 1%, cotton up 2.26%, cotton yarn up 1.73%.

 

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