DZ20240112

 

Industrial Economy

*Central Committee of the CPC and the State Council recently released the “Opinions on Comprehensively Promoting the Construction of Beautiful China”, which proposed to accelerate digital empowerment, deepen the application of digital technologies such as artificial intelligence, build a beautiful China digital governance system, and build a green and intelligent digital ecological civilization.

*MIIT: With digital infrastructure such as 5G and industrial Internet as the key foundation, accelerate the pace of intelligent and digital transformation and network connection.

 

Financial

*PBoC Shanghai Head Office held a 2024 work conference to deploy the work, which proposed to promote the stable and healthy development of Shanghai’s real estate market, promote the internationalization of the RMB. And jointly promote the landing of the first imported liquefied natural gas procurement transaction settled in RMB with relevant departments.

*The National Standardization Work Conference held, which emphasized to fully leverage the important role of standards in expanding domestic demand, opening up cooperation to the outside world, and stabilizing the industrial chain, promote the formation of a virtuous cycle of mutual promotion between investment and consumption.

 

International Relationship

*Premier Li Qiang of the State Council will attend the World Economic Forum’s 2024 annual meeting from January 14th to 17th and conduct an official visit to Switzerland and Ireland.

 

Jan 11 Block Trade Info

*Discount

- Chengguang New Materials (605399 CH) saw 4 block trades worth 70.34mn at 11.26yuan per share, 12.51pct discount from last closing.

 

*Flat

- China Yangtze Power (600900 CH) saw 6 block trades worth 258.70mn at 23.18yuan per share, flat from last closing.

- Royal Group (002329 CH) saw 1 block trades worth 110.19mn at 6.52yuan per share, flat from last closing.

- Zangge Mining (000408 CH) saw 1 block trades worth 105.88mn at 27.01yuan 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 mostly. February NYMEX crude oil contract up 2.07% to closed at $72.85/b, March Brent contract up 1.91% to closed at $78.27/b. INE crude oil active contract down 0.09% to 559.7 yuan/b.

* Precious metals closed mixed, COMEX gold active contract up 0.26% and closed at $2033.1/oz. SHFE gold active contract down 0.50% and closed at 478.02 yuan/gram.

* Metals closed up mostly, LME lead up 2.14%, LME tin up 1.65%, LME nickel up 1.09%, LME aluminum down 0.64% on the contrast. SHFE nickel up 1.14%, SHFE lead up 0.34%. SHFE aluminum down 0.32%.

* Commodity futures closed up mostly, chemistry and energy products closed up collectively, butadiene rubber up 1.03%, EB up nearly 1%, glass down 2.03%, soda ash down nearly 1%. Black series closed up mostly. Agricultural products closed mixed, cotton yarn up 1.04%, No.2 soybeans down 2.22%, soybean meal down nearly 1%.

 

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