DZ20240122

 

Financial

*The third meeting of the China-US Financial Working Group was held, The two sides conducted constructive communication on issues such as currency and financial stability, financial regulation, cross-border payments and other key concerns of both countries.

*CSRC: Increase the regulatory efforts on the issuance and lending of restricted shares, and the implementation effect of policies meets expectations. Deepen the reform and opening up of the capital market, and promote the deepening and implementation of the stock issuance registration system.

*Administration for Financial Regulation: Continuously deepen the structural reform of the financial supply side, support and resolve local debt risks, follow the path of financial development with Chinese characteristics, and promote the construction of a strong financial country with high-quality financial development.

*MIIT: Will strengthen coordination and docking with the financial sector, promote a virtuous cycle of technology, industry and finance. Provide a solid material and technical foundation for the comprehensive promotion of the construction of a powerful country and the rejuvenation of the nation with Chinese-style modernization.

 

Industrial Economy

*Guangdong Province issued the “Manufacturing High-Quality Development Promotion Regulations”, which proposed to cultivate and strengthen strategic emerging industries to promote the upgrading of traditional industries. Support Nansha to expand the opening up of the financial industry to the outside world and promote the interconnection of financial markets between Guangdong, Hong Kong and Macao.

*NDRC issued the “Management Measures for Central Budget Investment Special Projects of Railway Projects”.

 

Data

*MoC: The total retail sales of consumer goods in 2023 reached cny 47.15tn, increased by 7.2% y/y.

 

Jan 19 Block Trade Info

*Discount

- Hongbo (002229 CH) saw 1 block trades worth 151.06mn at 21.58yuan per share, 4.93pct premium from last closing.

 

*Flat

- Moutai (600519 CH) saw 2 block trades worth 45.13mn at 1635.00yuan per share, flat from last closing.

- Centre Testing (300012 CH) saw 1 block trades worth 67.86mn at 11.31yuan 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 down mostly. March NYMEX crude oil contract down 0.7% to closed at $73.43/b, March Brent contract down 0.52% to closed at $78.69/b. INE crude oil active contract up 0.54% to 563.2 yuan/b.

* Precious metals closed mixed, COMEX gold active contract up 0.5% and closed at $2031.8/oz. SHFE gold active contract up 0.18% and closed at 480.50 yuan/gram.

* Metals closed up mostly, LME lead up 1.52%, LME copper up 0.84%, LME zinc up 0.43%. LME nickel down 0.72%. SHFE lead up 1.35%, SHFE copper and bonded copper up 0.40%. SHFE nickel down 1.47%.

* Commodity futures closed up mostly, chemistry and energy products closed up collectively, soda ash up 3.59%, glass up 1.83%, low sulfur fuel oil up 1.22%. Black series closed mixed. Agricultural products closed up mostly, soybean oil up 1.27%, No.2 soybeans up 1.05%.

 

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