DZ20240510

Financial

*State Council Premier Li Qiang conducted research in Xinjiang Province from May 7th to 9th, who emphasized to base on the resource endowment, develop energy, coal chemical industry, agriculture and agricultural product processing, equipment manufacturing and other industries with unique advantages.

*The State Administration for Financial Supervision and Administration issued the “Guiding Opinions on Doing a Good Job in Finance in the Banking and Insurance Industry”, which encourage asset management institutions to increase investment in areas such as technological innovation, green low-carbon, rural revitalization, elderly care industry and digital transformation.

 

Industrial Economy

*China and Serbia signed Memorandum of understanding on e-commerce cooperation, both parties will establish an e-commerce cooperation mechanism, strengthen policy communication and experience sharing, promote the connection between small and medium-sized enterprises and large-scale e-commerce platforms, and inject new momentum into the development of bilateral economic and trade relations.

*State Council issued the “Decision on Adjusting and Improving the Management Catalogue of Industrial Product License”, for cold-rolled ribbed steel bars, bottled liquefied petroleum gas regulators, steel wire ropes, and plywood.

 

May 9 Block Trade Info

*Discount

- Kelin Electric (688611 CH) saw 5 block trades worth 58.18mn at 26.91yuan per share, 24.73pct discount from last closing.

- Deppon Logistics (603056 CH) saw 1 block trades worth 245.38mn at 15.72yuan per share, 4.03pct discount from last closing.

- Star Lake (600866 CH) saw 4 block trades worth 163.40mn at 7.71/7.79yuan per share, 2.50/3.50pct discount from last closing.

- Inovance Tech (300124 CH) saw 2 block trades worth 50.15mn at 60.50yuan per share, 4.99pct discount from last closing.

- Lb Group (002601 CH) saw 3 block trades worth 117.74mn at 21.33yuan per share, 2.51pct discount from last closing.

 

*Flat

- Zhongjin Gold (600489 CH) saw 2 block trades worth 161.21mn at 13.65yuan 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 0.73% to closed at $79.57/b, July Brent contract up 0.71% to closed at $84.17/b. INE crude oil active contract up 0.15% to 616.0 yuan/b.

* Precious metals closed up collectively, COMEX gold active contract up 1.33% and closed at $2353.1/oz. SHFE gold active contract up 0.62% and closed at 552.24 yuan/gram.

* Metals closed up collectively, LME tin up 1.63%, LME nickel up 1.01%, LME aluminum up 0.75%. SHFE nickel up 1.09%, SHFE tin up 1.07%, SHFE zinc up 0.91%.

* Commodity futures closed down mostly, chemistry and energy products closed mixed, glass up 2.06%, butadiene rubber up 1.31%, MEG down 1.09%, EB down 1.01%. Black series closed down collectively, coking coal and coke down 1.19%. Agricultural products closed down collectively, cotton down 1.94%, No.2 soybeans down 1.67%, soybean meal down 1.51%.

 

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