DZ20230809

 

Policy

*SAC formulated and issued the "Guidelines for Internal Audit of Securities Companies", which mentioned to standardize the internal audit work of securities companies, improve the quality of internal audit, enhance the management level and risk prevention ability of securities companies and promote high-quality sustainable development in the securities industry, and will be implemented from January 1st, 2024.

 

Industrial Economy

*Five departments in Shanghai jointly issued the "Implementation Rules for the Connection of Drug Administration Law Enforcement and Criminal Justice in Shanghai", which will be implemented from September 1st. Shanghai will improve the quality and efficiency of case investigation and handling, increase efforts to crack down on illegal and criminal activities in the drug field, strictly prevent and control drug safety risks and effectively ensure the safety of peoples use of drugs and make-up.

*Shenzhen government released several measures to further optimize the customs clearance environment and facilitate customs clearance at Shenzhen Land Port which mentioned to set up a tourism consumption promotion service zone within the port.

*The construction of major projects of "Xinjiang Power to Chongqing" ultra-high voltage direct current transmission has started on August 8th.

*The State Council Premier Li Qiang presided over the executive meeting whom emphasized to strengthen the planning and construction of water conservancy and other infrastructure in the northern region, and improve ability to prevent and respond to flood and drought disasters.

 

Data

*CPCAAUTO: In July, the retail sales of passenger cars reached 1.775 million units, down 2.3% y/y, with retail sales of NEV of 0.641 million units, up 31.9% y/y and down 3.6% m/m. The domestic retail penetration rate of NEV in July increased by 9.3% y/y.

 

Co Focus

*CANSINO BIOLOGICS (688185 CH) announced that the company and its subsidiaries will signed the product supply cooperation framework agreement with AstraZeneca AB, to provide contract development and production services to support their mRNA vaccine projects, produce and supply specific products, and provide related specific services.

 

Aug 8 Block Trade Info

*Discount

-Loongson Tech (688047 CH) saw 2 block trades worth 311.85mn at 103.88/104.09yuan per share, 1.80/2.00pct discount from last closing.

- Yunnan Nantian Electronics Info (000948 CH) saw 1 block trades worth 71.26mn at 18.07yuan per share, 1.47pct discount from last closing.

 

*Flat

- Dawning Info (603019 CH) saw 1 block trades worth 83.12mn at 45.15yuan per share, flat from last closing.

- China Pet Foods (002891 CH) saw 1 block trades worth 67.67mn at 25.83yuan 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 1.1% to closed at $82.84/b, October Brent contract up 0.89% to closed at $86.10/b. INE crude oil active contract up 1.34% to 633.5 yuan/b.

* Precious metals closed down collectively. COMEX gold contract down 0.52% to closed at $1959.7/oz. SHFE gold active contract down 0.09% and closed at 455.10 yuan/gram.

* Metals closed down collectively, LME tin down 2.08%, LME aluminium down 1.43%, LME copper down 1.39%. SHFE tin down 1.45%, bonded copper down 1.14%, SHFE copper down 1.03%.

* Commodity futures closed down mostly. Chemistry and energy products closed down collectively, LPG down 2.37%, fuel oil down 1.02%. Black series closed down collectively, iron ore down 1.52%. Agricultural products closed mixed, rapeseed meal up 1.18%, No.1 soybeans up 1.14%, soybean oil down 1.07%.

 

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