DZ20240314

 

Policy

*The State Council issued the “Action Plan for Promoting Large-scale Equipment Update and Consumer Goods Exchange”, which pointed out to carry out the replacement of old-for-new cars and home appliance products to promote the replacement of home decoration consumer goods, continuously promote the electrification and substitution of urban buses, strengthen the industrialization capacity building of green aviation equipment such as electric and hydrogen energy, encourage banking institutions to appropriately reduce the payment ratio of passenger car loans, and reasonably determine the loan term and credit limit for automobiles.

 

Industrial Economy

*State Council Premier Li Qiang conducted a survey in Beijing on March 13th, emphasizing that developing new quality productivity is an inherent requirement and important focus for promoting high-quality development, strengthen forward-looking layout and accelerate the improvement of computing power level.

*The Central Network Information Office and 11 other departments jointly issued the “Notice on Carrying out the Second Batch of National Digital Rural Pilot Works”.

*MoC and 9 other departments jointly issued the “Implementation Opinions on Promoting the High-Quality Development of Rural E-commerce”.

*State Administration for Financial Supervision and Administration: Promote the virtuous cycle of finance and real estate, accelerate the implementation and effectiveness of urban real estate financing coordination mechanisms.

 

Financial

*CSRC Chairman Wu Qing presided over an enlarged meeting emphasizing hurry up and plan policies and measures to strictly control the entrance of IPOs, strengthen the supervision of listed companies, securities, fund and futures institutions.

 

March 13 Block Trade Info

*Discount

- Xingye Silver&Tin (000426 CH) saw 11 block trades worth 62.17mn at 8.92yuan per share, 8.04pct discount from last closing.

 

*Flat

- Will (603501 CH) saw 3 block trades worth 384.16mn at 96.04yuan per share, flat from last closing.

- Minsheng Banking (600016 CH) saw 5 block trades worth 136.73mn at 3.97yuan per share, flat from last closing.

- CATL (300750 CH) saw 3 block trades worth 54.44mn at 185.18yuan 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 collectively. April NYMEX crude oil contract up 2.63% to closed at $79.60/b, May Brent contract up 2.47% to closed at $83.94/b. INE crude oil active contract up 1.64% to 630.9 yuan/b.

* Precious metals closed up collectively, COMEX gold active contract up 0.61% and closed at $2179.4/oz. SHFE gold active contract up 0.76% and closed at 508.84 yuan/gram.

* Metals closed up mostly, LME copper up 3.04%, LME tin up 1.51%, LME lead up 1.03%, LME nickel down 1% on the contrast. Bonded copper up 3.13%, SHFE copper up 2.74%, SFHE tin up 1.60%.

* Commodity futures closed mixed, chemistry and energy products closed mixed, fuel oil up 2.98%, low sulfur fuel oil up 1.5%, LPG up 1.13%. Soda ash down 2.23%, MEG down 1%. Black series closed down collectively, coking coal down 2.83%, hot-rolled coil down 1.11%. Agricultural products closed mixed, RBD palm olein up 1.22%, rapeseed meal down 1.02%.

 

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