DZ20231017

 

Financials

*The Supreme People’s Court released typical cases of family rights protection involving private enterprises, and commercial slander should be severely punished, which is of great significance for strengthening the legal guarantee for the development of private economy and continuously optimizing the business environment.

*10 listed companies on the main board state-owned enterprises collectively disclosed the announcement of increasing or repurchasing holdings, including BAOSTEEL planned to use no more than cny 3 bio of self-owned funds to repurchase shares.

 

Industrial Economy

*The State Council issued the “Opinions on Promoting High-Quality Development in Inner Mongolia to Strive to Write a New Chapter of Chinese-style Modernization”, which pointed out to support the cultivation and development of advanced manufacturing clusters in Inner Mongolia to accelerate the development of new materials such as electronic-grade crystalline silicon and special alloys, accelerate the construction of the national integrated computing power network Inner Mongolia hub node and carry out the feasibility study demonstration of the new internet exchange center.

*The 2023 Shanghai International Biomedical Industry Week officially opened on October 16th. Shanghai officially released the action plan for three cutting-edge tracks: Synthetic biology, gene therapy, and medical robots as well as the action plan for building a space for biomedical intelligent manufacturing.

*Beijing issued a notice on the implementation plan of AI computing vouchers, aiming to fully leverage the governments guidance role, promote the landing of large-scale AI applications, accelerate the cultivation of industrial ecology, and deeply empower the high-quality development of the real economy with high-level applications of large-scale AI models.

 

Data

*CPCAAUTO: September pickup truck retail sales reached 44k units, decreased by 0.4% y/y. Due to the strong summer production and high base of pickup trucks last year, the real estate market has been sluggish this year. Although encouraged by consumption promotion policies, the overall sales volume of pickup trucks from January to September this year was 377k units, a slight decrease of 2.1% y/y.

 

Oct 16 Block Trade Info

*Discount

- Sungrow Power Supply (300274 CH) saw 1 block trades worth 43.79mn at 80.00yuan per share, 6.54pct discount from last closing.

- Risesun Real Estate (002146 CH) saw 1 block trades worth 45.24mn at 1.74yuan per share, 7.94pct discount from last closing.

 

*Flat

- Sunlord Electronics (002138 CH) saw 1 block trades worth 50.35mn at 29.97yuan per share, flat from last closing.

 

*Margin Trade (SZ Margin Trade balance not released)

 

*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. November NYMEX crude oil contract down 0.73% to closed at $87.05/b, December Brent contract down 0.84% to closed at $90.13/b. INE crude oil active contract down 0.24% to 673.4 yuan/b.

* Precious metals closed mixed. COMEX gold active contract down 0.44% and closed at $1932.9/oz. SHFE gold active contract up 0.11% and closed at 462.88 yuan/gram.

* Metals closed up mostly, LME lead up 1.74%, LME tin up 0.95%, LME aluminum down 0.84%. SHFE tin up 0.56%, SHFE lead up 0.15%, SHFE nickel down 1.03%.

* Commodity futures closed mixed. Chemistry and energy products closed down mostly, LPG down 2.98%, butadiene rubber down 2.06%, TSR 20 down 1.58%, EB down 1.54%. Black series closed up collectively, coke up 1.61%, iron ore up 1.53%, coking coal up 1.03%. Agricultural products closed mixed, cotton down 1.12%.

 

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