DZ20240220

 

Xi’s Emphasis

*Chairman Xi Jinping presided over the fourth meeting of the Central Comprehensive Deepening Reform Commission, which emphasized to enhance support for high-quality development in advantageous areas, promote comprehensive green transformation of economic and social development, further enhance grassroots emergency management capabilities, and accelerate the formation of basic systems supporting comprehensive innovation.

 

Industrial Economy

*The State Administration for Financial Regulation issued the “Measures for the Supervision and Rating of Auto Finance Companies”, which proposed to guide auto finance companies to adhere to the function of specialized consumer credit to further release the potential of automobile consumption and expand domestic demand.

*Hainan Province issued the notice on adjusting the minimum down payment ratio for first-time personal housing loans for housing provident, which lowered the minimum down payment ratio from 25% to 20%.

*Ministry of Agriculture and Rural hold an executive meeting to emphasize planning for spring plowing and preparation in advance, coordinating and developing agricultural input reserves, adjusting transportation, focusing on large-scale increases in yield per unit area, refining and implementing the main technology model of regional varieties, guiding all regions to implement key production increase technologies such as dense planting, striving for further increases in yield per unit area.

 

Financial

*The State Administration for Financial Regulation held a party committee expansion meeting, emphasizing to actively introduce policy measures that are conducive to boosting confidence and expectations.

 

Feb 19 Block Trade Info

*Discount

- Offcn Education (002607 CH) saw 1 block trades worth 143.30mn at 3.24yuan per share, 1.52pct discount from last closing.

 

*Flat

- CATL (300750 CH) saw 2 block trades worth 31.97mn at 160.09yuan per share, flat from last closing.

- Kedali (002850 CH) saw 2 block trades worth 55.57mn at 64.84yuan per share, flat from last closing.

 

*Margin Trade

 

*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. April NYMEX crude oil contract down 0.32% to closed at $78.21/b, April Brent contract down 0.19% to closed at $83.31/b. INE crude oil active contract up 0.58% to 603.8 yuan/b.

* Precious metals closed mixed, COMEX gold active contract up 0.26% and closed at $2029.4/oz. SHFE gold active contract up 0.06% and closed at 480.80 yuan/gram.

* Metals closed mixed, LME tin down 1.63%, LME lead down 1.36%, LME aluminum down 0.92%, LME zinc up 0.9% on the contrast. SHFE nickel up 1.00%, SHFE zinc up 0.52%, SHFE lead down 0.84%.

* Commodity futures closed mixed, chemistry and energy products closed down mostly, glass down 1.93%, methanol down 1.03%, LPG up 1.49%, wood pulp up 1.06%. Black series closed down collectively, iron ore down 2.13%, coking coal down 1.58%, coke down 1.45%. Agricultural products closed up collectively, soybean oil up 1.83%, RBD palm olein up 1.74%, No.2 soybeans up 1.31%.

 

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