DZ20231113

 

International Relationship

*At the invitation of US President Biden, President Xi Jinping will hold a Chinese-US dollar summit in San Francisco, USA from November 14th to 17th, and he will be invited to attend the 30th Asia-Pacific Economic Cooperation leaders informal meeting.

 

Financial News

*PBoC: Monetary policy will pay more attention to cross-cycle and counter cyclical adjustments, maintain reasonable growth in monetary credit and social financing scale, confident and capable of maintaining stable operation of the foreign exchange market, said by Pan, head of PBoC.

*PBoC and SAFE publicly solicited opinions on management regulations for domestic securities and futures investment funds of overseas institutional investors, in order to further deepen the foreign exchange management reform of QFII and RQFII, steadily promote the unification of fund management rules for open channels in financial markets on the shore.

*CSRC revised regulations on-site inspections of first-time enterprises to strengthen the supervision of information disclosure for first-time enterprises.

 

Industrial Economy

*MIIT released the “2023 5G Factory List” selected for the project, accelerate the innovation and development of 5G and Industrial Internet, and build a Chinese brand for 5G factories.

*Ministry of Transport: Adjust and improve the “14th Five-Year Plan for Road Development” in combination with new situations and requirements, so as to better serve and support the construction of a strong transportation country and economic and social development.

*State Administration for Financial Supervision and Administration held forum to actively cooperate to defuse local debt risks and promote a virtuous cycle between finance and real estate.

 

Nov 10 Block Trade Info

*Discount

- P&S Info Tech (300184 CH) saw 2 block trades worth 72.84mn at 6.16yuan per share, 9.94pct discount from last closing.

 

*Flat

- Huayou Cobalt (603799 CH) saw 2 block trades worth 257.20mn at 36.81yuan per share, flat from last closing.

- Zhongjin Gold (600489 CH) saw 1 block trades worth 100.78mn at 10.39yuan per share, flat from last closing.

- TCL Tech (000100 CH) saw 1 block trades worth 177.55mn at 4.10yuan 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. December NYMEX crude oil contract up 2.13% to closed at $77.35/b, January Brent contract up 2.05% to closed at $81.65/b. INE crude oil active contract up 1.21% to 604.7 yuan/b.

* Precious metals closed down collectively, COMEX gold active contract down 1.38% and closed at $1942.7/oz. SHFE gold active contract down 0.69% and closed at 467.36 yuan/gram.

* Metals closed down collectively, LME nickel down 3.5%, LME zinc down 1.61%, LME copper down 1.38%, LME tin down 1.32%. SHFE nickel down 2.90%, SHFE aluminum down 0.84%, bonded copper down 0.81%.

* Commodity futures closed mixed. Chemistry and energy products closed mixed, soda ash up 4.65%, wood pulp up 1.25%, methanol down 1.04%. Black series closed up collectively, coking coal up 3.42%, coke up 1.97%, iron ore up 1.74%. Agricultural products closed down mostly, rapeseed meal down 2.01%, cotton down 1.14%, rapeseed oil down 1.81%.

 

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