DZ20230926

 

Policy

*The Central Committee of the CPC and and the State Council issued the “Deepening Reform Plan for Collective Forest Rights System”, which encourage all regions to take measures to guide farmers to transfer forest land management rights through leasing, equity investment, cooperation and other means. Support small farmers to jointly carry out production through various forms, promote family joint management, rural collective economic organization and cooperative operation with farmers shares, and farmer-side entrusted business model.

 

Industrial Economy

*China Photovoltaic Industry Association issued a notice to establish the intellectual property professional committee working group in order to better support the high-quality development of PV industry, enhance the awareness of protecting intellectual property rights, and promote the PV industry to move towards a global innovation center.

*NDRC publicly solicited opinions on the implementation measures for the division of distribution areas in incremental distribution business, which clarified the position of the operating entity of the incremental distribution network mainly focused on absorbing renewable energy.

*MIIT: Actively cooperate with relevant departments to carry out legislation related to large-scale digital economy platforms, and promote the early introduction of relevant legislation.

*The Supreme People's Court, the Supreme People's Procuratorate and Ministry of Public Security jointly issued guidance on punishing illegal crimes of cyber violence in accordance with the law.

 

Co Focus

*HUAWEI will launched the pure electric smart coupe S7 and the new generation model Wenjie M9 on November, S7 will surpass TESLA Model S in an all-round way, announced by Yu Chengdong at the full-scenario new product launch conference in autumn.

 

Sept 25 Block Trade Info

*Discount

- Mgi Tech (688114 CH) saw 10 block trades worth 52.27mn at 62.00yuan per share, 11.11pct discount from last closing.

- CICC (601995 CH) saw 1 block trades worth 212.40mn at 36.23yuan per share, 2.35pct discount from last closing.

- Sanxing Medical Electric (601567 CH) saw 1 block trades worth 105.35mn at 15.05yuan per share, 13.51pct discount from last closing.

- Yunnan Baiyao (000538 CH) saw 14 block trades worth 83.59mn at 51.00yuan per share, 3.94pct discount from last closing.

 

*Flat

- CATL (300750 CH) saw 1 block trades worth 150.68mn at 209.28yuan per share, flat from last closing.

- Ingenic Semiconductor (300223 CH) saw 1 block trades worth 177.78mn at 74.20yuan per share, flat from last closing.

- Kingnet Network (002517 CH) saw 2 block trades worth 433.33mn at 12.55yuan per share, flat from last closing.

- Hailiang (002203 CH) saw 1 block trades worth 119.79mn at 11.91yuan per share, flat from last closing.

- Midea (000333 CH) saw 3 block trades worth 131.50mn at 56.63yuan 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 collectively. November NYMEX crude oil contract down 0.17% to closed at $89.88/b, December Brent contract down 0.02% to closed at $91.94/b. INE crude oil active contract down 0.46% to 688.5 yuan/b.

* Precious metals closed down collectively. COMEX gold active contract down 0.55% and closed at $1934.9/oz. SHFE gold active contract down 0.03% and closed at 470.60 yuan/gram.

* Metals closed down collectively, LME tin down 1.62%, LME lead down 1.45%, LME nickel down 1.38%, LME zinc down 1.17%. SHFE tin down 1.27%, bonded copper down 0.71%, SHFE copper down 0.57%.

* Commodity futures closed down collectively. Chemistry and energy products saw weak performance, butadiene rubber down 3.41%, EB down 2.9%. Black series closed down collectively, coking coal down 3.15%, coke down 2.98%, iron ore down 2.11%. Agricultural products closed down mostly, rapeseed meal down 1.66%, No.1 soybeans down 1.03%.

 

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