DZ20240819

 

Industrial Economy

*MoC and other seven departments jointly issued a notice on “Further Doing a Good Job in Automobile Trade-in Work”, which proposes to increase the subsidy standard of cny 20k and 15k for NEV and heating oil passenger cars respectively.

*Shanghai issued the “Action Plan for High-Quality Development of Shanghai Low-Altitude Economic Industry (2024-2027)”, which proposes to jointly build the first batch of low-altitude interprovincial navigation cities in the Yangtze River Delta by 2027.

*MoC: Further relax the restrictions on foreign investors’ strategic investment in listed companies, promote orderly expansion of opening up in fields such as telecommunications, Internet, education, culture and medical care.

 

Financial

*SSE released the “Implementation Rules for Offline Issuance of Initial Public Offering of Stocks in Shanghai Market”, which increases the market value requirements for offline investors holding stocks on STAR.

*NDRC jointly with other departments issued a notice to establish a working mechanism to promote private investment funds and guarantee elements, further promoting the development of private investment.

 

Aug 16 Block Trade Info

*Discount

- Eastroc Beverage (605499 CH) saw 6 block trades worth 101.05mn at 226.56yuan per share, 4.81pct discount from last closing.

- Zhewen Interactive (600986 CH) saw 3 block trades worth 41.71mn at 3.70yuan per share, 10.19pct discount from last closing.

- Minsheng Banking (600016 CH) saw 9 block trades worth 167.90mn at 3.30/3.45/3.47yuan per share, 0/0.58/4.90pct discount from last closing.

 

*Flat

- CATL (300750 CH) saw 1 block trades worth 277.79mn at 173.62yuan per share, flat from last closing.

- BYD (002594 CH) saw 1 block trades worth 72.88mn at 235.11yuan per share, flat from last closing.

 

*Premium

- 37 Interactive Entertainment (002555 CH) saw 1 block trades worth 66.85mn at 13.37yuan per share, 0.6pct 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. September NYMEX crude oil contract down 1.95% to closed at $75.49/b, October Brent contract down 1.7% to closed at $79.66/b. INE crude oil active contract down 1.48% to 566.2 yuan/b.

* Precious metals closed up collectively, COMEX gold active contract up 2.16% and closed at $2546.2/oz. SHFE gold active contract up 1.33% to closed at 574.64 yuan/gram.

* Metals closed up mostly, LME nickel up 0.74%, LME lead up 0.42%, LME copper up 0.32%. LME zinc down 0.43% on the contrast. SHFE aluminum up 0.54%, SHFE zinc up 0.47%, SHFE lead up 0.42%.

* Commodity futures closed down mostly, chemistry and energy products closed down mostly, fuel oil down 1.75%, PTA down 1.44%, PX down 1.40%. Sodium hydroxide up 2.08% on the contrast. Black series closed down mostly, coking coal down 1.24%, coke down 0.54%, iron ore down 0.50%. Agricultural products closed down mostly, rapeseed meal down 1.24%, soybean oil down 1.11%, rapeseed oil down 1.05%.

 

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