DZ20240313

 

Policy

*Premier Li Qiang presided over the State Council executive meeting discussed and passed the “Action Plan for Accelerating the Production Capacity of Billionaires of Grains 2024-2030” and the “Work Plan for Promoting High-Quality Economic Development with Standard Upgrade”.

 

Industrial Economy

*Shanghai: Cultivate new productivity according to local conditions and form a surging power for high-quality development. Deeply implement a new round of “Shanghai Plan” around the three leading industries of integrated circuits, biomedical and artificial intelligence.

*MIIT: Take the development of new quality productivity as an important focus, consolidate and enhance the trend of industrial economic recovery and improvement, promote new and greater achievements in building a manufacturing power and a network power, and build a strong material technology foundation for Chinese-style modernization.

*Shanghai issued the “Implementation Plan for Promoting the Quality and Expansion of Service Consumption”, which pointed out that by 2027, service retail sales will account for more than 50% of total social retail sales.

*Beijing: Strengthen the development of emerging industries such as biomedical and intelligent connected vehicles, cultivate future industries such as quantum information and robots.

 

March 12 Block Trade Info

*Discount

- Oriental Yuhong (002271 CH) saw 1 block trades worth 150.30mn at 16.85yuan per share, 3.99pct discount from last closing.

- Xingye Silver&Tin (000426 CH) saw 18 block trades worth 134.66mn at 8.93yuan per share, 8.03pct discount from last closing.

 

*Flat

- Will (603501 CH) saw 3 block trades worth 78.90mn at 96.20yuan per share, flat from last closing.

- Zijin Mining (601899 CH) saw 2 block trades worth 57.44mn at 14.36yuan per share, flat from last closing.

- China Yangtze Power (600900 CH) saw 40 block trades worth 255.16mn at 24.83yuan per share, flat from last closing.

- Moutai (600519 CH) saw 1 block trades worth 100.00mn at 1745.00yuan per share, flat from last closing.

- Compass Tech (300803 CH) saw 2 block trades worth 77.88mn at 49.38yuan per share, flat from last closing.

- Ingenic Semiconductor (300223 CH) saw 2 block trades worth 142.49mn at 66.87yuan per share, flat from last closing.

- Focus Media (002027 CH) saw 5 block trades worth 92.81mn at 6.49yuan 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 up slightly. April NYMEX crude oil contract up 0.13% to closed at $78.03/b, May Brent contract up 0.29% to closed at $82.45/b. INE crude oil active contract up 0.83% to 619.1 yuan/b.

* Precious metals closed down collectively, COMEX gold active contract down 1.13% and closed at $2163.9/oz. SHFE gold active contract down 0.69% and closed at 504.50 yuan/gram.

* Metals closed mixed, LME tin down 1.05%, LME zinc down 0.66%, LME lead up 0.94%, LME nickel up 0.78%. SHFE nickel up 1.20%, bonded copper up 0.37%, SHFE copper up 0.29%. SHFE tin down 0.66%.

* Commodity futures closed up mostly, chemistry and energy products closed up collectively, fuel oil up 1.3%, TSR 20 up 1.11%. Black series closed mixed, coke down 1.07%, iron ore down nearly 1%. Agricultural products closed up mostly.

 

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