DZ20240529

 

Xi’s Emphasis

*Chairman Xi Jinping presided over the Political Bureau of the CPC Central Committee 14th collective learning on promoting high-quality and full employment, who emphasized to develop new productivity according to local conditions, cultivate and strengthen emerging industries, improve the modern industrial system, and strive to create more high-quality employment opportunities.

 

Financial

*NDRC publicly solicited opinions on the “Administrative Measures for the Management of Important Product and Service Price Index Acts”, which proposes to enhance the representativeness of price information samples, strengthen information disclosure related to price indices, and increase the preparation method of price indices in emergencies.

 

Industrial Economy

*Guangzhou issued the “Notice on Further Promoting the Stable and Healthy Development of Real Estate Market”, which introduces policies to adjust and optimize differentiated housing credit, with the interest rate for first-time and second-time home buyers are 3.4% and 3.8% respectively.

*Shenzhen issued notice to lower the minimum down payment ratio and lower interest rate for personal housing loans, which points out that from May 29th, the minimum down payment ratio for personal housing loans for first-time home buyers has been adjusted from the original 30% to 20%.

 

May 28 Block Trade Info

*Discount

- Skyverse Tech (688361 CH) saw 4 block trades worth 50.49mn at 51.09-51.29yuan per share, 0.91-1.29pct discount from last closing.

- Shaanxi Coal Industry (601225 CH) saw 1 block trades worth 65.63mn at 23.44yuan per share, 10.98pct discount from last closing.

- Greattown Holdings (600094 CH) saw 3 block trades worth 49.18mn at 4.21/4.22yuan per share, 9.64/9.85pct discount from last closing.

 

*Flat

- Will (603501 CH) saw 1 block trades worth 144.40mn at 93.40yuan 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. July NYMEX crude oil contract up 2.2% to closed at $80.28/b, August Brent contract up 1.71% to closed at $84.30/b. INE crude oil active contract up 1.57% to 620.4 yuan/b.

* Precious metals closed up collectively, COMEX gold active contract up 0.42% and closed at $2362.4/oz. SHFE gold active contract up 0.03% and closed at 558.76 yuan/gram.

* Metals closed mixed, LME aluminum up 2.63%, LME tin up 2.61%, LME copper and LME zinc up 2.03%. SHFE nickel down 1.03%, bonded copper down 0.16%, SHFE copper down 0.12%. SHFE lead up 0.45%.

* Commodity futures closed down mostly, chemistry and energy products closed down collectively, soda ash down 2.41%, PVC down 2.15%, LPG down 1.76%, TSR 20 down 1.5%. Black series closed down collectively, iron ore down 2.16%, coking coal down 1.92%, coke down 1.04%. Agricultural products closed mixed, RBD palm olein up 1.34%, rapeseed meal down 3.02%, soybean meal down 2.67%.

 

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.