DZ20230927

 

Xi’s Emphasis

*Chairman Xi Jinping recently made important instructions on deepening the construction of the Pilot Free Trade Zone, stating that building the Pilot Free Trade Zone is an important strategic measure for the Party Central Committee to promote reform and opening up in the new era.

 

Financials

*The SSE/SZSE issued a notice regarding further regulating matters related to share reduction. If a listed company has broken or net, or if it has not distributed cash dividends in the past three years and the cumulative amount of cash dividends is lower than the average net profit of the past three years by 30%, controlling shareholders and actual controllers may not reduce their holdings of our company's shares through the secondary market.

 

Industrial Economy

*Ministry of Ecology and Environment jointly with other 8 departments jointly issued the “Notice on Deepening the Pilot Construction of Climate Adaptation Cities”, which will select a number of pilot cities with good work foundation and strong expected demonstration driving force nationwide, and actively promote the construction of climate adaptation cities.

*SASAC: Accelerate the cultivation of artificial intelligence enterprises and industries that have a significant leading role, said by Zhang Yuzhuo, head of SASAC at the “Smart State-owned Digital Central Enterprise” lecture.

*Ministry of Ecology and Environment and National Bureau of Statistics signed a cooperation framework agreement on carbon emission statistical accounting in Beijing.

*The “Shanghai Sports Development Regulations” has been included in the legislative plan, which will be the legal guarantee for Shanghai to build a world-famous sports city.

*Chengdu issued a notice on further optimizing policy measures to promote the stable and healthy development of the real estate market and adjust housing purchase restrictions, which mentioned that several districts will no longer review the qualification to purchase, and the commercial housing built by the newly transferred land is priced independently by the enterprise according to market conditions.

 

Sept 26 Block Trade Info

*Discount

- Sinofuse Electric (301031 CH) saw 13 block trades worth 140.82mn at 106.24yuan per share, 7pct discount from last closing.

- Xinjiang Communications Construction (002941 CH) saw 3 block trades worth 148.99mn at 17.95yuan per share, 2.02pct discount from last closing.

 

*Premium

- Hengyi Petrochemical (000703 CH) saw 2 block trades worth 289.03mn at 7.37/7.45yuan per share, 0/1.09pct premium from last closing.

 

*Flat

- Goodix Tech (603160 CH) saw 1 block trades worth 99.01mn at 60.22yuan per share, flat from last closing.

- Chengtou Holding (600649 CH) saw 1 block trades worth 114.70mn at 4.34yuan per share, flat from last closing.

- Moutai (600519 CH) saw 2 block trades worth 293.10mn at 1816.00yuan per share, flat from last closing.

- Shanghai Electric Power (600021 CH) saw 2 block trades worth 124.78mn at 8.87yuan 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. November NYMEX crude oil contract up 0.96% to closed at $90.54/b, December Brent contract up 0.7% to closed at $92.52/b. INE crude oil active contract up 1.31% to 694.8 yuan/b.

* Precious metals closed down collectively. COMEX gold active contract down 0.91% and closed at $1919/oz. SHFE gold active contract down 0.42% and closed at 469.08 yuan/gram.

* Metals closed mixed, LME nickel down 1.2%, LME zinc down 0.77%, LME copper down 0.48%, LME tin up 0.53%. SHFE nickel down 2.44%, SHFE zinc down 1.21%, SHFE up 0.28%.

* Commodity futures closed down mostly. Chemistry and energy products saw weak performance, LPG down 2.06%, butadiene rubber down 1.66%, PVC down 1.3%. Black series closed down mostly, coke down nearly 1%. Agricultural products closed down mostly, rapeseed meal down 2.27%.

 

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.