DZ20240320

 

Financial

*General Office of the State Council issued the “Action plan for solidly promoting high-level opening-up to the outside world to attract and utilize foreign investment”, which fully cancel foreign investment access restrictions in the manufacturing sector.

 

Industrial Economy

*The State Council Premier Li Qiang recently made important instructions in spring agricultural production, disaster prevention, reduction and relief work, which emphasized to ensure stable production and supply of grains and important agricultural products.

*The Civil Aviation Administration held a meeting on the low-altitude economy of the general aviation work group, which emphasizing to build strategic emerging industries with low-altitude economy, and promoting high-quality development of low-altitude economy.

*Zhengzhou issued a notice on the development plan for electric vehicle charging infrastructure 2024-2035, which pointed out that as of the end of 2025, the city will build 10k public charging facilities.

*National Health Commission: Further improve the children’s medical and health service system, require that each province establish a high-level children’s specialized hospital or comprehensive hospital for pediatrics.

 

March 19 Block Trade Info

*Discount

- Wens (300498 CH) saw 1 block trades worth 55.38mn at 14.31yuan per share, 23.11pct discount from last closing.

 

*Flat

- Shanghai Construction (600170 CH) saw 1 block trades worth 222.58mn at 2.42yuan per share, flat from last closing.

 

*Margin Trade

 

*Connection Trade

 

*Index Futures

 

*Index Options

 

*Treasury Futures

 

* Commodities (night session):

* Global crude oil price closed up collectively. May NYMEX crude oil contract up 0.44% to closed at $82.52/b, May Brent contract up 0.35% to closed at $87.19/b. INE crude oil active contract up 1.17% to 638.4 yuan/b.

* Precious metals closed down mostly, COMEX gold active contract down 0.16% and closed at $2160.9/oz. SHFE gold active contract up 0.06% and closed at 505.98 yuan/gram.

* Metals closed down mostly, LME tin down 5%, LME nickel down 2.75%, LME copper down 1.29%, SHFE tin down 2.71%, SHFE nickel down 2.35%, stainless steel down 1.09%.

* Commodity futures closed mixed, coking coal up 2.02%, iron ore up 1.54%, rapeseed meal up 1.42%. No.1 soybeans down 0.82%, white sugar down 0.73%.

 

Download PDF

 

DISCLAIMER

The report is issued by Orient Securities Co. LTD (Orient Securities) and Shanghai Orient Futures Co. LTD (Orient Futures) to institutional investors. Opinions expressed may differ from those of other divisions of Orient Securities, including Orient Securities Research Institute. Orient Securities may trade as principal in instruments identified herein and may accumulate/have accumulated a long or short position in instruments or derivatives thereof. Orient Securities has policies designed to negate conflicts of interest. This e-mail is not an official confirmation of terms and unless stated, is not a recommendation, offer or solicitation to buy or sell. Any prices or quotations contained herein are indicative only. Communications may be monitored.