DZ20230821

 

Policy

*CSRC answered questions on active capital markets and boosting investor confidence, which mentioned will enhance the investment attractiveness of listed companies and better return investors, will further launch measures to stabilize expectations and confidence to stimulate the vitality of the bond market, research appropriately extend the trading hours of A-share market and exchange bond market to better meet investment and trading needs, reduce the handling fees for securities transactions and simultaneously reduce the commission rates of securities companies, implement counter-cyclical adjustment of margin financing and securities lending. Under the premise of overall controllable leverage risk, study moderately reduce the margin ratio of on-site financing business.

 

Industrial Economy

*MIIT publicly solicited opinions on the "Guidelines for the Construction of New Infrastructure Standard System for the Internet of Things (2023 Edition)". It is proposed that by 2025, the new infrastructure standard system of the internet of things will be basically established.

*NDRC went to the China Textile Industry Federation for research, conducted in-depth exchanges on promoting the coordinated development of the textile industry in the western region of the Middle East, accelerating energy-saving and carbon reduction technology transformation in key areas, promoting industry transformation and upgrading development, and improving industrial policy supply.

*Shenzhen issued the "Action Declaration on Compliance Construction of Internet Insurance Business in Insurance Intermediary Industry", which pointed out to avoid illegal promises of gains or promises to bear losses.

*Shandong Province issued the "Three-Year Action Plan for the Construction of World-class Port Group in Shandong Province", which mentioned that by 2025, the annual throughput of coastal port goods will exceed 2 billion tons.

*MIIT will accelerate the introduction of political measures to promote the high-quality development of computing infrastructure based on extensive research,further strengthen top-level design, and provide strong policy support for the development of computing infrastructure, stated by vice minister Zhang Yunming at the 2023 China Computing Conference. The China Computing Conference signed 36 strategic cooperation agreements with a total amount of RMB 157.1 billion.

 

Data

*MoC: The actual amount of foreign investment used nationwide from January to July 2023 was RMB 766.71 billion, a y/y decrease of 4%, equivalent to USD 111.8 billion, a y/y decrease of 9.8%. The country has newly established 28,406 foreign-invested enterprises, an increase of 34%.

Aug 18 Block Trade Info

*Discount

- Will (603501 CH) saw 2 block trades worth 292.93mn at 80.08yuan per share, 9.24pct discount from last closing.

 

*Premium

- Zijin Mining (601899 CH) saw 2 block trades worth 401.86mn at 12.08/12.27yuan per share, 0/1.57pct premium from last closing.

 

*Flat

- Supcon Tech (688777 CH) saw 5 block trades worth 535.01mn at 51.67yuan per share, flat from last closing.

- Sany Renewable Energy (688349 CH) saw 1 block trades worth 110.75mn at 31.50yuan per share, flat from last closing.

- Moutai (600519 CH) saw 2 block trades worth 95.18mn at 1802.59yuan per share, flat from last closing.

- Yangjie Electronic Tech (300373 CH) saw 16 block trades worth 319.87mn at 35.00yuan per share, flat from last closing.

- Wuliangye (000858 CH) saw 2 block trades worth 89.24mn at 163.53yuan per share, flat from last closing.

- Midea (000333 CH) saw 1 block trades worth 104.10mn at 54.79yuan per share, flat from last closing.

 

*Margin Trade (SZ Margin Trade balance not released)

 

*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 1.04% to closed at $80.73/b, October Brent contract up 0.84% to closed at $84.83/b. INE crude oil active contract up 0.23% to 641.8 yuan/b.

* Precious metals closed mixed. COMEX gold contract up 0.17% to closed at $1918.4/oz. SHFE gold active contract down 0.25% and closed at 454.66 yuan/gram.

* Metals closed mixed, LME nickel down 0.72%, LME aluminum down 0.33%. LME zinc up 0.52%, LME copper up 0.49%. SHFE nickel down 0.86%, bonded copper down 0.18%. SHFE lead up 0.12%.

* Commodity futures closed mixed. Chemistry and energy products saw mixed performance, natural rubber up 1.52%, PE up 1.02%, glass down 1.77%. Black series closed down collectively, coke down 2.07%, steel rebar down 1.88%, coking coal down 1.67%. Agricultural products closed mixed, rapeseed meal up 2.1%, soybean meal up 1.43%, rapeseed oil down 1.42%.

 

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