DZ20231011

 

Policy

*State Council Premier Li Qiang presided over the executive meeting on October 10th, whichapproved the “Opinions on Strengthening the Dynamic Monitoring of Low-income Population and Doing a Good Job in Social Assistance for Layered Classification”, the “Action Plan for Actively Developing Elderly Catering Services” and the “Special Action Plan for Patent Transformation and Application (2023-2025)”.

 

Financials

*The Supreme People’s Court published the guiding opinions on optimizing the rule of law environment and promoting the development and growth of private economy, which put forward clear requirements for relevant trial execution work, and severely crack down on malicious “rights protection” violations of the legitimate rights and interests of private enterprises in accordance with the law.

 

Industrial Economy

*The Administration for Financial Regulation recently issued a notice on financial support for recovery and expansion of consumption to local regulatory agencies and various financial institutions, which covers a total of 19 aspects including increasing support for key areas, supporting the expansion of automobile consumption, increasing support for new consumption and service consumer finance, reducing consumer finance costs, strengthening insurance protection services, and effectively protecting the legitimate rights and interests of consumers.

*MIIT and other four departments jointly issued the “Outline of Development of Green Aviation Manufacturing Industry (2023-2035)”, which proposed that by 2025, the energy-saving emission reduction and noise reduction performance of domestic civil aircraft will be further improved, the level of green aviation manufacturing will be comprehensively improved, and a safe and effective guarantee system will be basically established.

*HUAWEI aims to ship 60-70 million smartphones in 2024, according to relevant sources, enough orders have been added to the supply chain to ensure that this shipment number can be reached throughout 2024.

 

Oct 10 Block Trade Info

*Discount

- Advanced Micro-Fabrication (688012 CH) saw 3 block trades worth 59.08mn at 137.39yuan per share, 9.01pct discount from last closing.

- Gcl Energy Tech (002015 CH) saw 1 block trades worth 45.58mn at 11.48yuan per share, 11.28pct discount from last closing.

 

*Premium

- Zijin Mining (601899 CH) saw 1 block trades worth 98.08mn at 12.26yuan per share, 0.33pct premium from last closing.

- Gcl Energy Tech (002015 CH) saw 1 block trades worth 79.80mn at 14.00yuan per share, 8.19pct premium from last closing.

 

*Flat

- Three Gorges Water Conservancy and Electric Power (600116 CH) saw 1 block trades worth 79.95mn at 7.55yuan per share, flat from last closing.

- Slac Precision Equipment (300382 CH) saw 1 block trades worth 116.60mn at 10.60yuan 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 0.49% to closed at $85.96/b, December Brent contract down 0.44% to closed at $87.76/b. INE crude oil active contract down 0.61% to 656.5 yuan/b.

* Precious metals closed up collectively. COMEX gold active contract up 0.51% and closed at $1873.8/oz. SHFE gold active contract down 0.31% and closed at 450.46 yuan/gram.

* Metals closed down collectively, LME tin down 2.03%, LME lead down 1.81%, LME nickel down 1.68%, LME zinc down 1.27%. SHFE lead down 0.88%, SHFE nickel down 0.85%, SHFE zinc down 0.75%.

* Commodity futures closed down mostly. Chemistry and energy products closed down collectively, LPG down 2.23%, PTA down 1.28%, glass down 1.2%. Black series closed mixed, coke down 1.39%, coking coal down 2.27%. Agricultural products closed down mostly, rapeseed meal down 1.25%, cotton down 1.21%, rapeseed oil down 1.2%.

 

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