DZ20230906

 

Industrial Economy

*PBoC held a meeting to strengthen the management work of payment acceptance terminals and related businesses, which pointed out to comprehensively promote the standardized operation and high-quality development of the payment industry.

*The “Implementation Measures for Optimizing Fertility Policies and Promoting Long-term Balanced Development of Population in Zhengzhou City” will be fully launched and implemented from September 1st, with a one-time subsidy of cny 15k for newborns to households with three children.

*MIIT together with MoF prepared the “Action Plan for Stabilizing Growth in the Electronic Information Manufacturing Industry from 2023 to 2024”, which pointed out to promote the cooperation process of international production capacity and application in photovoltaic and lithium batteries.

*Shenzhen issued the “Three-Year Action Plan for Accelerating Supply Chain Innovation and Development (2023-2025)”, which pointed out to cultivate a number of high-end brands in the value chain in fields such as intelligent terminals and NEV.

*MIIT and National Intellectual Property Administration jointly issued the “Action Plan for Intellectual Property Support Industrial Innovation and Development (2023-2027)”. which pointed out that by 2027, the ability to create high-value patents in key industries in the field of industry and information technology will be significantly enhanced.

 

Financials

*General Administration for Financial Supervision issued notice on the connection between personal tax deferred commercial pension insurance pilot and personal pension, which pointed out to carry out pilot businesses of deferred pension insurance with personal tax in an orderly manner and connect with personal pension funds, all work will be completed by the end of 2023.

 

Sept 5 Block Trade Info

*Discount

- Moutai (600519 CH) saw 2 block trades worth 151.48mn at 1780.00yuan per share, 4.23pct discount from last closing.

- Haoyang Electronic (300833 CH) saw 8 block trades worth 96.51mn at 96.88yuan per share, 7.34pct discount from last closing.

- New Industries Biomedical (300832 CH) saw 4 block trades worth 308.02mn at 58.00yuan per share, 4.73pct discount from last closing.

 

*Flat

- Moutai (600519 CH) saw 2 block trades worth 184.01mn at 1858.70yuan 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 1.39% to closed at $86.74/b, November Brent contract up 1.24% to closed at $90.10/b. INE crude oil active contract up 3.13% to 689.0 yuan/b.

* Precious metals closed down collectively. COMEX gold active contract down 0.79% to closed at $1951.5/oz. SHFE gold active contract down 0.14% and closed at 463.70 yuan/gram.

* Metals closed mixed, LME aluminum down 0.93%, LME zinc down 0.6%, LME copper up 0.25%. SHFE lead up 1.33%, SHFE nickel up 1.01%, SHFE tin up 0.82%.

* Commodity futures closed up mostly. Chemistry and energy sector saw strong performance, fuel oil up 3.8%, low sulfur fuel oil up 2.56%, LPG up 2.04%. Black series closed mixed. Agricultural products closed up collectively, No.1 soybeans up 1.36%, cotton up 1.26%.

 

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