DZ20231013

 

Industrial Economy

*MoC and other nine departments jointly released the “Guiding Opinions on Promoting the High-Quality Development of the Automotive Aftermarket”, which pointed out to clarify the overall goals and main tasks of the development of the automotive aftermarket, systematically deploy and promote high-quality development of the automotive aftermarket, continuously optimize the car usage environment to better meet consumers’ diverse automotive consumption needs.

*Guangzhou Local Financial Supervision and Administration recently jointly issued “Several Measures to Increase Support for Financing of Technology-based Enterprises in Guangzhou”, which proposed 13 specific measures from deepening the structural reform of the financial supply side and enhancing the financing efficiency of financial service technology-based enterprises.

*China’s high-performance liquid rubber has achieved localization for the first time, achieving significant breakthroughs and providing key raw material support for the safety of China’s information industry.

*MoC: Multiple measures will be taken to promote the continuous recovery and expansion of consumption, which pointed out to speed up the promotion of consumption in automobiles, home furnishings, electronic products, better playing the fundamental role of consumption in economic growth.

 

Financials

*MoC will continue to reasonably reduce the negative list of foreign investment access, study the feasibility of further lifting or relaxing restrictions on the ratio of foreign shares, and attract more global factors to enter the Chinese market.

*Various regions are intensively promoting special refinancing bonds, with the total amount of planned issuance has exceeded 500 billion and 2 provinces exceeding 100 billion.

 

Oct 12 Block Trade Info

*Discount

- Guoli Electronic Tech (688103 CH) saw 4 block trades worth 89.75mn at 46.99yuan per share, 7.01pct discount from last closing.

- Runda Medical Tech (603108 CH) saw 12 block trades worth 76.22mn at 15.65yuan per share, 14.25pct discount from last closing.

- CATL (300750 CH) saw 2 block trades worth 27.67mn at 179.00yuan per share, 8.65pct discount from last closing.

- Oriental Yuhong (002271 CH) saw 3 block trades worth 75.21mn at 25.07yuan per share, 0.83pct discount from last closing.

- Risesun Real Estate (002146 CH) saw 1 block trades worth 81.05mn at 1.71yuan per share, 11.40pct discount from last closing.

*Flat

- Pnc Process Systems (603690 CH) saw 1 block trades worth 53.12mn at 28.02yuan 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 0.01% to closed at $83.50/b, December Brent contract up 0.63% to closed at $86.36/b. INE crude oil active contract down 0.66% to 647.2 yuan/b.

* Precious metals closed mixed. COMEX gold active contract down 0.3% and closed at $1881.6/oz. SHFE gold active contract up 0.07% and closed at 452.62 yuan/gram.

* Metals closed mixed, LME lead down 1.6%, LME zinc down 1.39%, LME copper down 0.75%, LME nickel up 2.06%. SHFE lead down 0.82%, SHFE zinc down 0.71%, SHFE nickel up 0.95%.

* Commodity futures closed up mostly. Chemistry and energy products closed up collectively, low sulfur fuel oil up 2.03%, butadiene rubber up 1.95%, EB up 1.3%. Black series closed down mostly, coke down 1.12%. Agricultural products closed up mostly, rapeseed oil up 1.55%.

 

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