DZ20240102

 

Xi’s Emphasis

*Qiushi Magazine published an important article of the General Secretary Xi Jinping titled “Comprehensively Promoting the Modernization of Harmonious Coexistence between Man and Nature through the Construction of a Beautiful China”.

 

Financial

*The State Council Premier Li Qiang presided over the executive meeting on December 29th, studying and deepening the people-oriented new urbanization-related measures, decided to approve the Taipingling in Guangdong and Jinqimen nuclear power projects in Zhejiang, promote the detailed implementation of various laws and regulations, and effectively release positive signals to stabilize expectations and improve the business environment.

*NDRC released an article titled “Deep Study and Implement the Spirit of the Central Economic Work Conference, Focus on Implementing and Promoting High-Quality Development” in Qiushi magazine, which pointed out to promote the development and growth of the private economy, implement high standards for national treatment of foreign-funded enterprises.

*PBoC issued documents to agree Alipay (China) Network Technology Co.,Ltd change to no actual controller.

*MoF: Implementing structural tax reduction and fee reduction policies focuses on supporting technological innovation and manufacturing development.

 

Industrial Economy

*MIIT released an article titled “Resolutely Carrying the Key Task of Realizing New Industrialization” in"Qiushi magazine, stating to focus on a batch of advantageous industrial chains such as rare earths, photovoltaic, NEV and 5G. Forward-looking layout of future industries to open up new tracks for future industries such as AI, humanoid robots and quantum.

 

Data

*The manufacturing PMI for December was 49.0%, a decrease of 0.4 percentage points from the previous month, and the level of prosperity in the manufacturing industry has fallen slightly. The non-manufacturing PMI was 50.4%.

 

Dec 29 Block Trade Info

*Discount

- Leadmicro Nano Tech (688147 CH) saw 1 block trades worth 64.80mn at 31.92yuan per share, 18.13pct discount from last closing.

- Three Squirrels (300783 CH) saw 22 block trades worth 97.82mn at 16.63yuan per share, 7.87pct discount from last closing.

- Gotion High-Tech (002074 CH) saw 2 block trades worth 60.90mn at 21.34yuan per share, 0.74pct discount from last closing.

 

*Premium

- Xinhua Commercial (600785 CH) saw 2 block trades worth 188.57mn at 15.00yuan per share, 1.35pct premium from last closing.

 

*Margin Trade

 

*Connection Trade

 

*Index Futures

 

*Index Options

 

*Treasury Futures

 

* Commodities (night session):

* Global crude oil price closed down slightly. February NYMEX crude oil contract down 0.61% to closed at $71.33/b, March Brent contract down 0.09% to closed at $77.08/b.

* Precious metals closed down collectively, COMEX gold active contract down 0.56% and closed at $2071.8/oz.

* Metals closed down mostly, LME tin down 1.48%, LME lead down 0.93%, LME copper down 0.72%， LME zinc up 0.8% on the contrast.

 

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