DZ20230731

 

Policy

*CFFEX officially released and implemented "The 2023 Long-Term Fund Risk Management Plan" since August 1st, which aims to consolidate the joint efforts of all parties in the market, improve the quality of institutional investors, especially medium- and long-term funds participating in the financial futures market, and further expand the breadth and depth of financial futures services for national strategies and real economy.

 

Industrial Economy

*PBoC: At the end of the Q2, the balance of loans for clean energy and energy conservation and environmental protection industries increased by 35% y/y and 49.2% y/y respectively.

*The mid-year promotion meeting for national consumption promotion work was held on July 25th, which emphasized that boosting bulk consumption such as automobiles and home furnishings, promoting the sustained recovery and expansion of consumption is of great significance for consolidating the foundation for economic recovery and promoting high-quality development.

*NDRC officially released the list of national logistics hub construction for 2023, and 125 national logistics hubs have been built nationwide.

*Ministry of Transport held a half-year work teleconference for 2023, which said to be aware of the difficulties and challenges facing the current economic operation, implement specific tasks for accelerating the construction of a strong transportation country and expand effective investment in transportation.

*Ministry of Natural Resources published the "Opinions on Deepening the Reform of Mineral Resources Management" on July 28th, which pointed out to comprehensively promote competitive transfer of mining rights.

*MIIT held a press conference on the "Work Plan for Stable Growth in Light Industry" which stated that the policy on promoting the development of prefabricated food industry is being studied and introduced.

 

Financials

*State Administration of Taxation: The tax authorities will continue to create a stable, fair, transparent and predictable tax business environment for private enterprises, with a focus on six aspects of work.

*CSRC: The major shareholders and directors, supervisors and senior executives of listed companies are not allowed to evade the reduction restrictions in any way such as divorce, dissolution and liquidation.

 

July 28 Block Trade Info

*Discount

- Qilu Bank (601665 CH) saw 4 block trades worth 144.50mn at 3.90yuan per share, 4.41pct discount from last closing.

- Wingtech (600745 CH) saw 1 block trades worth 158.76mn at 42.45yuan per share, 6.00pct discount from last closing.

- Meinian Onehealth Healthcare (002044 CH) saw 1 block trades worth 75.00mn at 7.17yuan per share, 0.28pct discount from last closing.

- Gcl Energy Tech (002015 CH) saw 2 block trades worth 86.43mn at 11.42yuan per share, 9.37pct discount from last closing.

 

*Flat

- Zijin Mining (601899 CH) saw 8 block trades worth 44.97mn at 12.79yuan per share, flat from last closing.

- Moutai (600519 CH) saw 1 block trades worth 209.62mn at 1897.00yuan per share, flat from last closing.

- China Eastern Airlines (600115 CH) saw 1 block trades worth 289.20mn at 4.82yuan per share, flat from last closing.

- CATL (300750 CH) saw 15 block trades worth 348.59mn at 230.05yuan 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 0.72% to closed at $80.67/b, October Brent contract up 0.76% to closed at $84.43/b. INE crude oil active contract up 0.73% to 611.1 yuan/b.

* Precious metals closed up collectively. COMEX gold contract up 0.67% to closed at $1958.8/oz. SHFE gold active contract up 0.19% and closed at 457.10 yuan/gram.

* Metals closed up mostly, LME nickel up 2.82%, LME zinc up 1.59%, LME copper up 1.24%. SHFE nickel up 1.69%, SHFE up 1.14%, bonded copper up 0.98%.

* Commodity futures closed mixed. Chemistry and energy products closed up mostly, EB up 3.08%, LPG up 2.09%, PTA up 1.97%. Black series closed down mostly, iron ore down nearly 1%, coke down 1.65%, coking coal down 3.69%. Agricultural products closed down mostly, rapeseed meal down 2.75%, rapeseed oil down 1.65%, No.2 soybeans down 1.14%.

 

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