DZ20230831

 

Financials

*PBoC held a promotion meeting for financial support for the development of private enterprises on August 30th, with multiple banks and private enterprises attending, which pointed out to quickly formulate policies related to financial support for the development of private enterprises, and continuously increase the proportion of loans from private enterprises.

*MoF released the first half of China's fiscal policy implementation report, which pointed out to implement a proactive fiscal policy well by combining macro policies, expanding domestic demand, reforming and innovating, and preventing and resolving risks. Make good use of policies such as special funds for foreign trade and economic development to support the basic market of foreign trade and investment. Resolutely investigate and deal with the behavior of increasing implicit debt to prevent the addition of new debt while simplifying it.

*CSRC: Promote the listing of eligible platform enterprises at home and abroad in accordance with laws and regulations, promote the deepening and implementation of the registration system reform, optimize the small-scale rapid review mechanism for mergers and acquisitions, support securities companies to increase investment in private enterprises and encourage participation in equity financing of private enterprises.

 

Industrial Economy

*SSE: Maintain the overall stability of the financing channels for real estate companies' stocks and bonds, support the reasonable financing needs of normal operating real estate companies, and prudently resolve large-scale real estate companies through "one enterprise, one policy" bond default risk, promote the landing of private real estate enterprises' stock and bond financing project cases.

*China United Airlines adjusted the collection standards for heating oil surcharges for domestic air passenger transportation, which will be adjusted to a maximum of 110 yuan from September 5th.

*MIIT held a symposium to listened to the opinions and suggestions of deputies on the handling of key proposals, which proposed to accelerate the high-quality development of industrial machinery to consolidate and expand the development advantages of the new energy automobile industry. Improve consumer credit, insurance and other support policies to create positive conditions for NEV to go to the countryside.

*Shenzhen issued the "Notice on Optimizing the Identification standards for the number of housing units in personal housing Loans", which took effect on August 31st.

 

Aug 30 Block Trade Info

*Discount

- Jingwei Hirain Tech (688326 CH) saw 1 block trades worth 196.08mn at 103.20yuan per share, 24.76pct discount from last closing.

- Sanxing Medical Electric (601567 CH) saw 1 block trades worth 95.68mn at 14.72yuan per share, 13.46pct discount from last closing.

- Moutai (600519 CH) saw 2 block trades worth 152.72mn at 1780.00yuan per share, 4.09pct discount from last closing.

- CATL (300750 CH) saw 1 block trades worth 770.40mn at 232.75yuan per share, 2.00pct discount from last closing.

- Citic Pacific Special Steel (000708 CH) saw 7 block trades worth 618.43mn at 13.02yuan per share, 9.96pct discount from last closing.

- Yunnan Baiyao (000538 CH) saw 15 block trades worth 96.32mn at 51.51yuan per share, 4.89pct discount from last closing.

 

*Flat

- S.F. Holding (002352 CH) saw 1 block trades worth 127.17mn at 43.85yuan 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. October NYMEX crude oil contract up 0.68% to closed at $81.71/b, November Brent contract up 0.44% to closed at $85.28/b. INE crude oil active contract up 1.18% to 644.5 yuan/b.

* Precious metals closed up collectively. COMEX gold active contract up 0.27% to closed at $1970.4/oz. SHFE gold active contract up 0.36% and closed at 462.30 yuan/gram.

* Metals closed mixed, LME aluminum up 1.5%, LME tin up 0.43%, LME lead down 0.94%, LME nickel down 0.23%. SHFE aluminum up 1.34%, SHFE tin up 1.25%, bonded copper up 0.54%.

* Commodity futures closed up collectively. Glass up 6.63%, soda ash up 3.06%, iron ore and LPG up over 2%, coking coal, TSR 20, wood pulp PVC and PTA up over 1%. Rapeseed oil and No.2 soybeans saw slight decrease.

 

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