DZ20240603

 

Xi’s Emphasis

*QIUSHI magazine published Chairman Xi Jinping’s important article “Development of new quality productivity is the inherent requirement and important focus for promoting high-quality development”.

 

Industrial Economy

*NDRC publicly solicited opinions for “Catalogue of Encouraged Industries in the Western Region”, which includes the newly added encouraged industries in western China.

*Guangzhou City issued the “Implementation Plan for the Development of Low-altitude Economy”, which proposes that by 2027, the overall scale of Guangzhou’s low-altitude economy will reach about cny 150bn.

*MIIT announced the directory of new energy vehicle models (sixth batch) for the reduction and exemption of vehicle purchase tax, with BYD included.

*Suzhou City issued a notice regarding the adjustment of policies for the use of housing provident fund, which proposes the city will no longer review the qualification to purchase a house, cancel the lower limit of personal housing loan interest rates for first-time and second-time home buyers.

 

May 31 Block Trade Info

*Discount

- Skyverse Tech (688361 CH) saw 5 block trades worth 67.40mn at 52.41-52.62yuan per share, 0.90-1.30pct discount from last closing.

- Zijing Mining (601899 CH) saw 1 block trades worth 106.80mn at 17.31yuan per share, 0.57pct discount from last closing.

- Sichuan Gold (001337 CH) saw 5 block trades worth 52.27mn at 23.57yuan per share, 9.45pct discount from last closing.

- HBIS Resources (000923 CH) saw 26 block trades worth 233.81mn at 17.91yuan per share, 7.01pct discount from last closing.

 

*Premium

- Zijing Mining (601005 CH) saw 1 block trades worth 353.43mn at 1.27yuan per share, 6.72pct premium 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 down collectively. July NYMEX crude oil contract down 0.94% to closed at $77.18/b, August Brent contract down 0.71% to closed at $81.3/b. INE crude oil active contract down 1.55% to 597.9 yuan/b.

* Precious metals closed down collectively, COMEX gold active contract down 0.79% and closed at $2347.7/oz. SHFE gold active contract down 0.72% and closed at 552.32 yuan/gram.

* Metals closed down collectively, LME zinc down 2.82%, LME nickel down 2.13%, LME aluminum down 1.79%, LME tin down 1.51%. SHFE tin down 2.32%, SHFE zinc down 1.82%, SHFE aluminum down 1.38%, SHFE nickel down 1.32%.

* Commodity futures closed down collectively, chemistry and energy products performed weak, glass down 3.7%, soda ash down 3.18%, wood pulp down 2.5%, TSR 20 down 2.1%. Black series closed down collectively, coke down 1.67%, iron ore down 1.56%. Agricultural products closed down mostly, rapeseed oil down 1.84%, soybean oil down 1.09%.

 

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