DZ20230726

 

International Relationship

*Li Hongzhong, member of the Political Bureau of the CPC Central Committee and Vice Chairman of the Standing Committee of the National People's Congress, will lead a Chinese Party and government delegation to visit the DPRK from July 26 and attend the commemoration of the 70th anniversary of the armistice that ended the Korean War.

 

Industrial Economy

*MIIT recently issued a notice on the summary and evaluation of the construction situation of gigabit cities in 2023, which aimed to further promote the construction and development of 5G and gigabit optical networks.

*Ministry of Culture and Tourism issued notice to maintain the order of scenic spots to visit, purify the tourism consumption environment, increase the crackdown on "scalpers" and illegal hoarding of tickets on third-party platforms, strengthen price supervision together with development and reform departments, strictly investigate and deal with price violations, and protect the rights and interests of tourists.

*The first domestically produced large cruise ship successfully docked at the Shanghai wharf and completed its first eight-day trial mission. The test results of this trial flight meet the design standards, and the trial flight has achieved a complete success.

*CAICT released a white paper on cloud computing: It is expected that the overall market size of cloud computing in China will exceed one trillion yuan in 2025.

*State Administration for Market Regulation and MIIT jointly organized a conference to strengthen the safety management of new energy vehicles by video, which pointed out to resolutely curb the occurrence of safety accidents in NEV, guide industry enterprises to accelerate the R&D of high-efficiency battery system thermal management, multi-level safety protection and other technologies.

 

July 25 Block Trade Info

*Discount

- Luxshare (002475 CH) saw 4 block trades worth 1.73bn at 30.73/30.75yuan per share, 4.09/4.15pct discount from last closing.

- Shuanghuan Driveline (002472 CH) saw 23 block trades worth 125.38mn at 28.12yuan per share, 7.71pct discount from last closing.

- Changan Auto (000625 CH) saw 1 block trades worth 284.80mn at 14.24yuan per share, 2.47pct discount from last closing.

- JPT Opto-Electronics (688025 CH) saw 12 block trades worth 141.35mn at 74.40yuan per share, 7.00pct discount from last closing.

- Bestore (603719 CH) saw 10 block trades worth 48.01mn at 22.97yuan per share, 9.25pct discount from last closing.

- Opple Lighting (603515 CH) saw 1 block trades worth 115.54mn at 18.34yuan per share, 12.63pct discount from last closing.

- Eit Environmental Development (300815 CH) saw 21 block trades worth 84.28mn at 14.21yuan per share, 9.43pct discount 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 0.74% to closed at $79.32/b, September Brent contract up 0.47% to closed at $82.87/b. INE crude oil active contract up 0.94% to 604.3 yuan/b.

* Precious metals closed mixed. COMEX gold contract up 0.22% to closed at $1966.6/oz. SHFE gold active contract down 0.26% and closed at 457.00 yuan/gram.

* Metals closed up collectively, LME nickel up 4.82%, LME zinc up 3.14%, LME copper up 1.68%. SHFE zinc up 1.63%, SHFE nickel up 1.43%, bonded copper up 0.92%.

* Commodity futures closed up collectively. Chemistry and energy products saw strong performance, soda ash up 4.81%, EB up 2.44%, MEG up 1.68%. Black series closed up collectively, coking coal up 2.2%, coke up 1.85%, hot-rolled coil up 1.38%. Agricultural products closed up mostly, corn up 1%.

 

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