DZ20230912

 

International Relationship

*During the G20 leaders' summit, Premier Li Qiang had a brief exchange with the attending US President Biden and other multinational leaders at the venue, whom emphasized to President Biden that China's development is an opportunity rather than a challenge for the United States, China and the United States should strengthen exchanges.

 

Industrial Economy

*MIIT issued a notice on organizing the demonstration application for the integration development of a new generation of information technology and manufacturing in 2023, selecting a number of benchmark demonstration projects and clarifying the path and direction for promoting the development of new industrialization.

*Suzhou will build the first holographic perception smart highway in China that meets the level of vehicle-road coordination and autonomous driving. Relying on vehicle-road coordination, it will achieve L4 level autonomous driving on highways.

*Shanghai issued the “Action Plan for High-Quality Development of Shanghai Ships and Marine Engineering Equipment Industry (2023-2025)”, and “Several Measures to Promote High-Quality Development of Rural Homestays”, which pointed out to build a new highland for the shipbuilding and marine equipment industry, promote the characteristic and boutique development of rural homestays.

 

Co Focus

*LONGI (601012 CH) recently stated at the performance briefing that currently the company has research on three directions of BC battery technology, and believed that BC batteries will gradually replace TOPCon technology.

 

Sept 11 Block Trade Info

*Discount

- Dizal Pharma (688192 CH) saw 14 block trades worth 95.13mn at 29.59yuan per share, 12.97pct discount from last closing.

-Moutai (600519 CH) saw 5 block trades worth 163.80mn at 1636.65/1750/1822.17yuan per share, 10.18/3.96/0pct discount from last closing.

- Nhwa Pharma (002262 CH) saw 13 block trades worth 348.51mn at 24.84yuan per share, 10.65pct discount from last closing.

- Oriental Energy (002221 CH) saw 1 block trades worth 141.85mn at 10yuan per share, 0.60pct discount from last closing.

- Yunnan Baiyao (000538 CH) saw 9 block trades worth 51.66mn at 50.85yuan per share, 4.42pct discount 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 down mostly. October NYMEX crude oil contract down 0.23% to closed at $87.31/b, November Brent contract down 0.01% to closed at $90.64/b. INE crude oil active contract up 0.01% to 696.2 yuan/b.

* Precious metals closed mixed. COMEX gold active contract up 0.13% to closed at $1945.3/oz. SHFE gold active contract down 0.12% and closed at 466.30 yuan/gram.

* Metals closed up collectively, LME zinc up 2.6%, LME nickel up 2.16%, LME copper up 1.94%. SHFE zinc up 2.54%, bonded copper up 1.18%, SHFE copper up 0.95%.

* Commodity futures closed up mostly. Chemistry and energy sector closed up collectively, glass up 2.44%, butadiene rubber up 2.42%, soda ash up 1.76%. Black series closed up collectively, coking coal up 4.56%, coke up 3.09%, iron ore up 1.6%. Agricultural products closed mixed, RBD palm olein down 1.35%, sugar down 1.23%.

 

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