DZ20231121

 

Industrial Economy

*Shanghai issued and revised “Several Opinions on Comprehensively Promoting the High-Quality Utilization of Land Resources in this City”, which proposed to steadily and orderly activate existing land resources to promote the construction of collective operating construction land for affordable rental housing.

*The 2023 BRICS New Industrial Revolution Partnership Forum was held in Xiamen. The theme of this forum is “Deep Partnership and Cooperation, Promote the New Industrialization of BRICS countries”.

*MIIT: Support Chongqing to strengthen, optimize and expand characteristic advantageous industries such as automobile manufacturing, stated by Jin Zhuanglong, head of MIIT at the China Industrial Transfer Development Connection Activity.

*Shandong Provincial Government recently released the “Implementation Opinions on Accelerating the Development of Advanced Manufacturing Clusters”, proposing to implement hierarchical cultivation actions for advanced manufacturing clusters by 2025.

 

Financials

*State Council premier Li Qiang presided over a meeting of the central financial committee to review the division of labor plans for key tasks related to promoting high-quality financial development.

*PBoC signed a bilateral local currency swap agreement with the Saudi Central Bank, with a swap size of 50 billion yuan/26 billion Saudi Riyals. The agreement is valid for three years and can be extended upon mutual consent.

 

International Relationship

*The Russian State Duma Chairman Volokin will lead a group visit to China from November 21st to 23rd at the invitation of Zhao Leji, chairman of the Standing Committee of the National People’s Congress.

 

Nov 20 Block Trade Info

*Discount

- Yusys Tech (300674 CH) saw 2 block trades worth 139.79mn at 17.43yuan per share, 2.35pct discount from last closing.

- Citic Pacific Special Steel (000708 CH) saw 10 block trades worth 649.88mn at 12.82yuan per share, 10.04pct discount from last closing.

 

*Premium

- Zangge Mining (000408 CH) saw 2 block trades worth 283.94mn at 24.69yuan per share, 0.78pct premium from last closing.

 

*Flat

- Zijin Mining (601899 CH) saw 1 block trades worth 142.32mn at 11.86yuan per share, flat from last closing.

- Moutai (600519 CH) saw 1 block trades worth 75.79mn at 1762.50yuan per share, flat from last closing.

- Shanxi Coking (000983 CH) saw 2 block trades worth 116.63mn at 9.02yuan per share, flat from last closing.

-Midea (000333 CH) saw 1 block trades worth 83.89mn at 52.43yuan 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. January NYMEX crude oil contract up 2.04% to closed at $77.59/b, January Brent contract up 1.76% to closed at $82.03/b. INE crude oil active contract up 3.08% to 596.2 yuan/b.

* Precious metals closed down collectively, COMEX gold active contract down 0.23% and closed at $1980.2/oz. SHFE gold active contract down 1.14% and closed at 465.36 yuan/gram.

* Metals closed up mostly, LME copper up 2.18%, LME aluminum up 1.68%, LME zinc up 0.7%. LME lead down 0.83% on the contrast. Bonded copper up 1.05%, SHFE copper up 0.82%, SHFE lead down 0.85% on the contrast.

* Commodity futures closed mixed. Chemistry and energy products closed down mostly, PTA down 2.02%, methanol down 1.58%, PVC down 1.47%. Soda ash up 2.81%, Low sulfur fuel oil up 2.76%. Black series closed up collectively, iron ore up 2.34%, steel rebar up 2%, hot-rolled coil up 1.17%. Agricultural products closed up mostly, corn starch up 1.25%, rapeseed oil up 1.21%, cotton yarn down 3.5%, cotton down 2.18%.

 

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