DZ20230719

 

Xi’s emphasis

*Chairman Xi Jinping emphasized at the National Conference on Environmental Protection to comprehensively promote the construction of a beautiful China and accelerate the modernization of harmonious coexistence between man and nature, actively promote carbon peaking and carbon neutrality, and accelerate the construction of a new power system.

 

Industrial Economy

*MoF: With the implementation of various policies to expand domestic demand and promote consumption, it is expected that consumption will continue to rebound in the second half of the year and further consolidate its fundamental role in economic development, stated by Sheng Qiuping, Vice Minister of MoF.

*Shanghai government issued notice on "Several Opinions on Promoting the High-Quality Development of the Produced Internet Service Platform in this City", which proposed to accelerate the integration and application of new technologies, build a batch of application scenarios for data circulation, intelligent product selection, intelligent design and other directions around the application of blockchain and large models, and promote scenario implementation. Key support for innovative entities to develop large models with international competitiveness.

*According to Bloomberg News, the Biden administration planned to limit the scope of investment controls on China to new investments in advanced technologies like semiconductors, quantum computing and AI, and was not expected to be implemented until next year. Some sectors, including biotechnology and the energy industry were exempt.

*MoF: The "Home Refreshing Consumption Season" activity will be organized nationwide, and various parties will be coordinated to build a production and sales docking platform, optimize consumer supply, release the potential of household products consumption, and create multiple consumption scenarios.

*National Energy Administration issued to implement and improve support policies for coalbed methane, coordinate and support deep coalbed methane exploration and development theories and technological innovation in relevant national science and technology plans, deploy relevant technical demonstrations, strengthen demonstration results summary publicity and promotion application, promote coalbed methane industry developing rapidly.

*Ministry of Housing and Urban-Rural Development: Encourage all regions to combine the renovation of old residential areas to support residents in carrying out old house renovations and local upgrades.

*Ministry of Agriculture and Rural Affairs issued a notice on planning and reserving modern facility agricultural construction projects, which pointed out to establish an agricultural and rural infrastructure financing project library, plan and reserve various modern facility agricultural construction projects such as facility planting, facility animal husbandry, facility fisheries, modern logistics facilities, and guide the increase of financing support.

 

July 18 Block Trade Info

*Discount

- Kunlun Tech (300418 CH) saw 8 block trades worth 123.07mn at 35.26yuan per share, 10.28pct discount from last closing.

- Shuanghuan Driveline (002472 CH) saw 9 block trades worth 106.34mn at 29.92yuan per share, 6.79pct discount from last closing.

 

*Premium

- Tongkun Group (601233 CH) saw 4 block trades worth 345.12mn at 15.77yuan per share, 8.76pct premium from last closing.

 

*Flat

- China Yangtze Power (600900 CH) saw 2 block trades worth 158.89mn at 22.41yuan per share, flat from last closing.

- Moutai (600519 CH) saw 1 block trades worth 198.12mn at 1722.80yuan per share, flat from last closing.

- Dongshan Precision Manufacturing (002384 CH) saw 1 block trades worth 108.51mn at 24.09yuan 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. September NYMEX crude oil contract up 2.2% to closed at $75.71/b, September Brent contract up 1.63% to closed at $79.78/b. INE crude oil active contract up 1.31% to 582.2 yuan/b.

* Precious metals saw strong performance. COMEX gold contract up 1.33% to closed at $1982.5/oz. SHFE gold active contract up 1.16% and closed at 460.76 yuan/gram.

* Metals closed mixed, LME aluminum down 2.2%, LME zinc down 0.75%, LME tin up 1.19%, LME nickel up 0.65%. SHFE nickel up 1.86%, SHFE tin up 1.23%, SHFE copper and SHFE zinc up 0.20%.

* Commodity futures closed up collectively. Chemistry and energy products saw strong performance, EB up 2.23%, PVC up 1.84%, glass up 1.83%. Black series closed up collectively, coking coal up 1.77%, coke up 1.17%. Agricultural products closed up mostly, No.2 soybeans up 1.44%, soybean meal up 1.42%, rapeseed oil up 1.26%.

 

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