DZ20240426

Industrial Economy

*The “Implementation Plan for the Construction of Cloud Computing Power in Beijing 2024-2027” has been officially issued, which proposed that by 2025, a pattern of clustering supply of intelligent computing resources, autonomous construction of intelligent computing facilities, empowering precision with intelligent computing capabilities, green operation of intelligent computing centers and systematic development of intelligent computing ecology will be basically established.

*MoF and Taxation Administration jointly issued announcements on the Land Value-added Tax Policy on the Reform of Rural Collective Property Rights System.

*MoC and other ten departments jointly issued “Several Policy Measures to further support overseas institutions in investing in domestic technology-based enterprises”, which encourage overseas institutions to invest in new generation information technology, AI and other fields.

 

Data

*CPCAAUTO: The narrow passenger car retail market in April was about 1.6 million units, down 1.5% y/y and down 5.3% m/m, with the NEV retail sales of 720k units, unchanged from last month, up 37.1% y/y, and the penetration rate is expected to reach 45.0%.

 

International Relationship

*Chen Jining, Secretary of the Party Committee of Shanghai met with the US Secretary of State Blinken and his party on April 25th, who emphasized to continuously optimize the business environment, provide efficient and convenient services, and achieve win-win development.

 

Apr 25 Block Trade Info

*Discount

- Supcon Tech (688777 CH) saw 37 block trades worth 199.17mn at 44.96/45.20yuan per share, /6.697.18pct discount from last closing.

- S.F. Holding (002352 CH) saw 1 block trades worth 116.89mn at 35.10yuan per share, 2.74pct discount from last closing.

- Woer Heat-Shrinkable Material (002130 CH) saw 2 block trades worth 143.23mn at 11.74yuan per share, 5.48pct discount from last closing.

 

*Flat

- Chengtun Mining (600711 CH) saw 2 block trades worth 54.62mn at 4.48yuan 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. June NYMEX crude oil contract up 1.16% to closed at $83.77/b, June Brent contract up 1% to closed at $87.91/b. INE crude oil active contract up 0.31% to 651.3 yuan/b.

* Precious metals closed up collectively, COMEX gold active contract up 0.27% and closed at $2344.6/oz. SHFE gold active contract up 0.11% and closed at 551.18 yuan/gram.

* Metals closed up mostly, LME tin up 2.59%, LME zinc up 1.59%, LME copper up 1.29%, LME aluminum down 1.23% on the contrast. SHFE tin up 1.98%, bonded copper up 0.72%, SHFE copper up 0.62%.

* Commodity futures closed down collectively, chemistry and energy products closed down mostly, low sulfur fuel oil down 1.61%, TSR 20 down 1.01%, soda ash up 1.97%. Black series closed down mostly, iron ore down 1.24%. Agricultural products closed down collectively, RBD palm olein down 1.81%, cotton yarn down 1.28%, rapeseed oil down 1.24%.

 

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