DZ20230920

 

Industrial Economy

*The insurance industry has conducted interbank exchanges on the reduction of fees for banking and insurance business channels recently, and some companies have temporarily closed their sales channels for the bank insurance business, which was learned from multiple channels.

*Ministry of Transport: Based on the pilot resumption of international cruise transportation at Shanghai and Shenzhen cruise ports, relevant commercial departments have decided to fully resume international cruise transportation in and out of domestic cruise ports within China from the date of this notice.

*BAIDU officially released the first “industry-level” medical model in China-the large model of spiritual medicine, which is also the first large medical model in China to achieve commercial landing.

 

Financials

*Ministry of Foreign Affairs: Representatives of more than 110 countries have confirmed their participation in the Third Belt and Road Forum, which will be held in Beijing in October this year. Activities during the forum include the opening ceremony, three high-level forums on connectivity, green development and digital economy, and six thematic forums on unhindered trade, think tank exchanges, clean silk road, sub-national cooperation and maritime cooperation.

*NAFMII issued a notice on optimizing the pilot work of overseas institutional bond pricing and distribution mechanism, providing convenience for domestic and foreign institutions to participate in Panda Bond investment and financing.

 

Co Focus

*The Meituan Logistics Drone Factory has been put into operation in Shenzhen, with an annual output of over 10k intelligent equipment, which will use highly automated and intelligent production methods to meet its growing needs for high-quality carrier tools.

 

Sept 19 Block Trade Info

*Discount

- Cofco Tech&Industry (301058 CH) saw 12 block trades worth 56.10mn at 12.20yuan per share, 8.61pct discount from last closing.

- Luoxin Pharma (002793 CH) saw 5 block trades worth 71.71mn at 5.32yuan per share, 5.34pct discount from last closing.

 

*Premium

- Goodix Tech (603160 CH) saw 1 block trades worth 67.58mn at 71.50yuan per share, 14.14pct premium from last closing.

- Tianyu Digital Tech (002354 CH) saw 2 block trades worth 134.40mn at 5.25yuan per share, 2.14pct premium from last closing.

 

*Flat

- Longi (601012 CH) saw 2 block trades worth 40.06mn at 25.95yuan 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 mostly. November NYMEX crude oil contract up 0.13% to closed at $90.70/b, November Brent contract up 0.03% to closed at $93.32/b. INE crude oil active contract down 0.46% to 697.4 yuan/b.

* Precious metals closed mixed. COMEX gold active contract down 0.04% and closed at $1952.6/oz. SHFE gold active contract up 0.47% and closed at 470.50 yuan/gram.

* Metals closed down mostly, LME zinc down 2.08%, LME down 1.22%, LME copper down 0.6%, LME nickel up 0.62%. SHFE nickel up 1.20%, SHFE tin up 0.79%, SFHE zinc down 0.73%, SHFE aluminum down 0.57%.

* Commodity futures closed up mostly. Chemistry and energy products closed up collectively, soda ash up 1.85%, LPG up 1.75%, PVC up 1.59%. Black series closed up mostly, coking coal up 1.5%. Agricultural products closed mixed, rapeseed meal up 1.63%, No.2 soybeans down nearly 1%.

 

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.