DZ20230922

 

Xi’s Emphasis

*General Secretary Xi Jinping visited Jinhua City, Zhejiang Province to understand developing characteristic industries according to local conditions, whom emphasized to promote rural revitalization, develop foreign trade, and promote high-quality development.

 

Industrial Economy

*State Council Premier Li Qiang conducted a survey to specialized and special new enterprise development in Beijing on September 21st, whom emphasized to further strengthen confidence, maintain determination, and support the scientific and technological innovation, deeply cultivate sub-sectors, and promote self-reliance and stability in science and technology.

*MoC: The Mid-Autumn Festival and National Day are the traditional peak consumption seasons, and the “Golden September and Silver October” series of consumer promotion activities are being organized. Will work with relevant departments to implement the policies that have been introduced earlier, including home furnishings, automobiles, electronic products and other fields to ensure the effectiveness of these policies. And will focus on key areas, promote the introduction of a batch of policies and measures to support the development of the automotive aftermarket, and add momentum to accelerating consumption recovery.

*MoC has approved export applications for certain gallium and germanium-related items that meet regulations, and will continue to review other licensing applications in accordance with legal procedures and make licensing decisions.

*Shanghai issued a notice on the “Several Measures for Pilot Connecting International High-standard Openness in Free Trade Pilot Zones and Free Trade Ports with Conditional Conditions”, which mentioned to promote the implementation of various pilot measures in areas such as goods trade, service trade, digital trade, temporary entry of commercial personnel, and optimization of the business environment in one year.

*MIIT: Launch the pilot program for the access of intelligent connected vehicles as soon as possible, accelerate the demonstration application of urban-level “integration of vehicle,road and cloud”.

 

Financials

*Beijing publicly solicited on “Beijing Foreign Investment Regulations” , which proposed to support the transfer of funds related to real and compliant investments by foreign investors for free entry, outward remittance and no delay.

 

Sept 21 Block Trade Info

*Discount

- InventisBio (688382 CH) saw 4 block trades worth 41.47mn at 12.20yuan per share, 8.61pct discount from last closing.

- Three Gorges Water Conservancy and Electric Power (600116 CH) saw 2 block trades worth 75.87mn at 7.39yuan per share, 2.76pct discount from last closing.

 

*Premium

- Goodix Tech (603160 CH) saw 1 block trades worth 103.63mn at 68.42yuan per share, 10.66pct premium from last closing.

- Chengtun Mining (600711 CH) saw 1 block trades worth 152mn at 4.75yuan per share, 0.85pct premium from last closing.

- Rongsheng Petrochemical (002493 CH) saw 1 block trades worth 65.88mn at 12.50yuan per share, 4.87pct premium from last closing.

 

*Flat

- Moutai (600519 CH) saw 1 block trades worth 203.22mn at 1798.39yuan per share, flat from last closing.

- Cnnc Hua Yuan Titanium Dioxide (002145 CH) saw 3 block trades worth 270.21mn at 4.61yuan 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 down mostly. November NYMEX crude oil contract down 0.09% to closed at $89.58/b, November Brent contract down 0.19% to closed at $92.17/b. INE crude oil active contract up 0.23%% to 694.8 yuan/b.

* Precious metals closed down. COMEX gold active contract down 1.38% and closed at $1939.9/oz. SHFE gold active contract down 0.3%% and closed at 470.26 yuan/gram.

* Metals closed down collectively, LME zinc down 1.02%, LME aluminum down 1.51%, LME copper down 1.44%. LME nickel down 2.18%. SHFE nickel down 2.16%, SHFE tin down1.56%.

* Commodity futures all closed down. PVC declined 1.87%, methanol down 1.36%, fuel oil up 2.15%.. Black series closed mixed, coking coal down 2.17%, coke and iron ore down nearly 1%. Agricultural products closed down mostly, No.1 soybeans down 1.1%.

 

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