DZ20230802

 

International Relationship

*China and Georgia signed a cooperation plan to jointly build the "Belt and Road" on the witness of the prime ministers of the two countries.

 

Policy

*MIIT and other five departments jointly issued notice on carrying out the "one chain, one policy, one batch" financing promotion action for small and medium-sized enterprises, which emphasized to encourage the head office of banking and financial institutions to actively optimize the allocation of credit resources.

*PBoC and SAFE held a work conference for the second half of 2023, which emphasized to strengthen and improve foreign exchange policies to maintain a stable operation of the foreign exchange market, continue to accurately and effectively implement a prudent monetary policy to maintain reasonable and sufficient liquidity, guide commercial banks to adjust the interest rates of individual housing loans in an orderly and legal manner, and further facilitate overseas investors to increase their holdings of RMB assets and orderly promote the internationalization of RMB.

 

Industrial Economy

*The National Intelligent Connected Vehicle Industry Measurement and Testing Center has accepted and established. Intelligent connected vehicles are still in the early stages of industrialization.

*MIIT and five other departments jointly launched the 2023 Intelligent Manufacturing Pilot Demonstration Action, which aimed to select a number of excellent intelligent manufacturing scenarios, build a number of intelligent manufacturing demonstration factories and smart supply chains through the way of unveiling the list and taking leadership, and promote high-quality development of intelligent manufacturing.

 

Co Focus

*BYD issued announcement that July NEV retail sales of 262,161 units, the cumulative growth rate of sales this year is 87.63% y/y. In July, a total of 18,169 NEV were sold overseas.

 

Aug 1 Block Trade Info

*Discount

- Eastroc Beverage (605499 CH) saw 7 block trades worth 90.05mn at 172.54yuan per share, 5.62pct discount from last closing.

- Bolex Food (603170 CH) saw 14 block trades worth 110.04mn at 18.50yuan per share, 8.37pct discount from last closing.

- Empyrean Tech (301269 CH) saw 4 block trades worth 1.03bn at 101.11-102.16yuan per share, 1-1.48pct discount from last closing.

 

*Flat

- Air China (601111 CH) saw 1 block trades worth 223.68mn at 9.32yuan 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 0.45% to closed at $82.17/b, October Brent contract up 0.4% to closed at $85.77/b. INE crude oil active contract up 0.44% to 620.1 yuan/b.

* Precious metals closed down collectively. COMEX gold contract down 1.37% to closed at $1981.6/oz. SHFE gold active contract down 0.39% and closed at 456.10 yuan/gram.

* Metals closed down collectively, LME tin down 3.62%, LME copper down 2.21%, LME aluminum down 1.29%. SHFE tin down 1.25%, bonded copper down 1.21%, SHFE copper down 1.12%.

* Commodity futures closed mixed. Chemistry and energy products closed mixed, methanol up 1.76%, soda ash up 1.53%, glass up 1.29%, fuel oil up 1.05%. Black series closed mixed, coking coal up 2.94%, coke up 1.93%. Agricultural products closed down mostly.

 

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