DZ20230727

 

Industrial Economy

*NDRC: Since the beginning of summer, the daily dispatch of power generation has reached a new historical high for three times. NDRC will accelerate the promotion of the issuance of the "Management Measures for Electricity Demand Sides". It is expected that by 2025, the demand response capacity of each province will reach 3%-5% of the maximum electricity load.

*The National Press and Publication Administration released information on the approval of domestic online games, with a total of 88 games approved in July.

*National Energy Administration: From January to June 2023, the proportion of newly added wind power and photovoltaic installations in China reached 71% of the total newly added installed capacity, while the newly added power generation accounted for more than 54% of the total newly added power generation in China, effectively meeting the national demand for new electricity.

*The National Standardization Management Committee and MIIT recently jointly revised and issued the "Guidelines for the Construction of National Car Networking Industry Standards System (Intelligent Networked Vehicle) (2023 Edition)", which pointed out that from the first stage to 2025, the system will form an intelligent connected vehicle standard system that can support the general functions of combined driving assistance and autonomous driving.

*SASAC held the State-owned Enterprise Reform Deepening and Enhancement Action Seminar, which pointed out to promote state-owned enterprises to put technological innovation at the core position as "long-term capital", "patient capital" and "strategic capital".

 

Financials

*HKEX announced the signing of a memorandum of cooperation with the Indonesian Stock Exchange today to explore opportunities in multiple strategic areas and jointly promote the development of both financial markets.

 

Co Focus

*Netease Youdao launched the first vertical large model "Ziyue" in the education field on the evening of July 26th, and released six innovative applications based on the "Ziyue" large model.

 

Data

*CAAM: China June total import and export volume of automotive products was $23.61 billion, a decrease of 3.4% m/m and an increase of 22.3% y/y. In the first half of 2023, the cumulative total import and export value of automobile products was $136.07 billion, an increase of 16.2% y/y.

 

July 26 Block Trade Info

*Discount

- China Pacific Insurance (601601 CH) saw 2 block trades worth 3.84bn at 27.03yuan per share, 8.00pct discount from last closing.

- Jinpan Smart Tech (688676 CH) saw 16 block trades worth 71.28mn at 32.00yuan per share, 10.61pct discount from last closing.

- Gan&Lee Pharm (603087 CH) saw 14 block trades worth 261.96mn at 39.42/40.20yuan per share, 11.06/12.79pct discount from last closing.

- D&O Home appliance (002798 CH) saw 4 block trades worth 191.03mn at 6.75yuan per share, 11.18pct discount from last closing.

- Gree Electric Appliance (000651 CH) saw 1 block trades worth 105.89mn at 38.55yuan per share, 0.80pct discount from last closing.

 

*Flat

- Wantai Biological Pharmacy (603392 CH) saw 5 block trades worth 280.52mn at 73.09yuan 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 down collectively. September NYMEX crude oil contract down 0.89 to closed at $78.92/b, October Brent contract down 0.77% to closed at $82.61/b. INE crude oil active contract down 0.13% to 600.8 yuan/b.

* Precious metals closed up collectively. COMEX gold contract up 0.49% to closed at $1973.4/oz. SHFE gold active contract up 0.32% and closed at 458.36 yuan/gram.

* Metals closed down mostly, LME nickel down 3.92%, LME lead down 1.58%, LME aluminum down 1.43%. SHFE nickel down 1.22%, SHFE lead down 0.50%, SHFE tin up 1.14% on the contrast.

* Commodity futures closed mixed. Chemistry and energy products saw mixed performance, woodpulp up 2.57%, soda ash up 1.84%, bitumen down 1.16%, EB down 1.02%. Black series closed mixed. Agricultural products closed up mostly, soybean meal up 2.03%, No.2 soybeans up 1.89%, soybean oil up 1.25%.

 

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