DZ20240110

 

Industrial Economy

*Guangdong Province recently issued the “Action Plan for Developing Green Petrochemical Strategic Pillar Industry Clusters in Guangdong Province (2023-2025)”, which mentioned that by 2025, accelerating the development of green petrochemical industry clusters and striving to exceed 2 trillion yuan.

*Chongqing issued the “Integrated Circuit Design Industry Development Action Plan 2023-2027”, which proposed that by 2027, the revenue of the city’s integrated circuit design industry will exceed 12 billion yuan.

*MIIT publicly solicited opinions on the “Guidelines for the Construction of Cloud Computing Integrated Standardization System”, which proposed that by 2025, the cloud computing standard system will be more completed.

 

Financial

*MoC: Relevant departments are studying further measures such as suspending the early harvest of agriculture and fisheries, machinery, auto parts, textiles and other products by ECBA in accordance with relevant provisions and policies and regulations.

 

Data

*CPCAAUTO: China’s retail sales of NEV in December were 945k units, up 47.3% y/y. In 2023, the domestic retail sales of NEV reached 7.736mio units, up 36.2% y/y.

 

Jan 9 Block Trade Info

*Discount

- Minsheng Banking (600016 CH) saw 1 block trades worth 570.46mn at 3.76yuan per share, 1.05pct discount from last closing.

 

*Premium

- Wanhua Chemical (600309 CH) saw 1 block trades worth 94.63mn at 74.00yuan per share, 2.32pct premium from last closing.

 

*Flat

- China Yangtze Power (600900 CH) saw 1 block trades worth 588.21mn at 23.54yuan per share, flat from last closing.

- CITIC Securities (600030 CH) saw 2 block trades worth 173.24mn at 19.46yuan per share, flat from last closing.

 

*Margin Trade （SZ Margin Trade 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. February NYMEX crude oil contract up 2.06% to closed at $72.23/b, March Brent contract up 1.83% to closed at $77.51/b. INE crude oil active contract up 2.80% to 553.7 yuan/b.

* Precious metals closed up slightly, COMEX gold active contract up 0.12% and closed at $2035.9/oz. SHFE gold active contract up 0.02% and closed at 480.58 yuan/gram.

* Metals closed mixed, LME copper down 1.41%, LME tin down 1.22%, LME nickel down 0.48%. SHFE lead up 0.50%, bonded copper down 0.45%.

* Commodity futures closed mixed, chemistry and energy products performed weak, soda ash down 3.49%, glass down 1.13%, MEG down nearly 1%. Black series closed down collectively, coking coal down 1.45%, iron ore down 1.31%, coke down 1.08%. Agricultural products closed up mostly, RBD palm olein up 1.49%, soybean oil up 1.17%, rapeseed oil up 1.05%, cotton up nearly 1%.

 

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