DZ20230914

 

Policy

*Eleven departments of Beijing municipality issued a notice on “Several Measures for Further Cultivating and Serving Unicorn Enterprises”, which propose to encourage domestic and foreign investment institutions, consulting agencies, incubators, social organizations and other professional institutions to actively explore and cultivate unicorn enterprises, and provide policy support based on their role and effectiveness.

 

Industrial Economy

*The National Health Commission and other four departments jointly issued the “Notice on Further Promoting the Management of Oral Medical Services and Guarantees”, which mentioned to include eligible therapeutic oral medical services into the scope of basic medical insurance payment.

*MIIT published a notice on organizing the release of the 2023 future industrial innovation task, which includes the work of leading the list. The task is aimed at four key directions: metaverse, humanoid robots, brain-machine interfaces, and general artificial intelligence.

*“Belt and Road” connects more than 150 countries and 30 international institutions, with 3k projects being implemented, involving $1 trillion in investment and creating over 420k job opportunities including bridges, power plants and industrial parks, bringing benefits to participating countries and the people as well as promoting the GDP of low-income countries, said by Hong Kong Financial Secretary Chen Maobo during the ceremony.

*Ministry of Water Resources: Accelerate the preliminary work of a batch of major water conservancy projects, guide local governments to actively promote the planning and construction of county-level water networks in provinces and cities, and accelerate the improvement of the overall pattern of national water networks.

 

Financials

*CSRC: Effectively promote the normalization of “central-local cooperation and credit enhancement” for private enterprise bonds, and increase support for private enterprise bond financing.

 

Sept 13 Block Trade Info

*Discount

- Nyocor (600821 CH) saw 3 block trades worth 99.40mn at 6.68yuan per share, 2.05pct discount from last closing.

 

*Premium

- Moutai (600519 CH) saw 2 block trades worth 93.12mn at 1885yuan per share, 3.58pct premium from last closing.

- Luxshare (002475 CH) saw 1 block trades worth 127.77mn at 29.07yuan per share, 0.24pct premium from last closing.

 

*Flat

- Weaver Network Tech (603039 CH) saw 3 block trades worth 300mn at 55.51yuan per share, flat from last closing.

- Ingenic Semiconductor (300223 CH) saw 1 block trades worth 200mn at 75.50yuan per share, flat from last closing.

- Midea (000333 CH) saw 1 block trades worth 77.49mn at 57.00yuan 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 0.01% to closed at $88.85/b, November Brent contract up 0.2% to closed at $92.24/b. INE crude oil active contract up 1.03% to 715.1 yuan/b.

* Precious metals closed mixed. COMEX gold active contract down 0.23% to closed at $1930.6/oz. SHFE gold active contract up 0.21% and closed at 467.90 yuan/gram.

* Metals closed up mostly, LME zinc up 1.98%, LME nickel up 1.14%, LME tin up 0.69%. SHFE tin up 0.86%, SHFE zinc up 0.62%, SHFE nickel down 0.53% on the contrast.

* Commodity futures closed down mostly. Chemistry and energy products closed down collectively, LPG down 2.19%, PVC down 1.64%, TSR 20 down 1.52%. Black series closed mixed. Agricultural products closed down mostly, rapeseed meal down 1.87%, rapeseed oil down 1.43%, No.2 soybeans down 1.28%.

 

Download PDF

 

DISCLAIMER

The report is issued by Orient Securities Co. LTD (Orient Securities) and Shanghai Orient Futures Co. LTD (Orient Futures) to institutional investors. Opinions expressed may differ from those of other divisions of Orient Securities, including Orient Securities Research Institute. Orient Securities may trade as principal in instruments identified herein and may accumulate/have accumulated a long or short position in instruments or derivatives thereof. Orient Securities has policies designed to negate conflicts of interest. This e-mail is not an official confirmation of terms and unless stated, is not a recommendation, offer or solicitation to buy or sell. Any prices or quotations contained herein are indicative only. Communications may be monitored.