DZ20231207

 

Industrial Economy

*MIIT publicly solicited opinions on the “Guidelines for the Construction of Comprehensive Standardization System for Lithium-ion batteries”, which proposed that by 2028, the standard technology level of lithium-ion batteries will reach the international advanced level.

*China and Jordan signed a memorandum of understanding between the two governments on jointly advancing the Belt and Road Initiative recently. And all Arab countries have signed Belt and Road cooperation documents with China.

*Hainan Province released “The three-year action plan for cultivating data element markets 2024-2026”, which proposed that by the end of 2026, the basic system of data elements in Hainan Province will be established and improved.

 

International Relationship

*Premier Li Qiang of the State Council met with Deputy Prime Minister Huang Xuncai of Singapore who came to China to visit on the 6th in Beijing, who pointed out to deepen practical cooperation in areas such as economy and trade, investment and digital economy.

 

Data

*CPCAAUTO: November retail sales of the passenger car market reached 2.062mio units, up 25% y/y and up 1% m/m. The retail sales of NEV reached 783k units, up 30% y/y and up 2% m/m.

 

Dec 6 Block Trade Info

*Discount

- China Wafer Level Csp (603005 CH) saw 1 block trades worth 109.40mn at 21.88yuan per share, 2.02pct discount from last closing.

- Jiangsu Broadcating Cable Info Network (600959 CH) saw 1 block trades worth 203.23mn at 2.96yuan per share, 11.90pct discount from last closing.

- Sanan Optoelectronics (600703 CH) saw 1 block trades worth 218.30mn at 13.23yuan per share, 1.78pct discount from last closing.

- Xingye Silver&Tin Mining (000426 CH) saw 1 block trades worth 167.99mn at 9.00yuan per share, 0.33pct discount from last closing.

 

*Flat

- Moutai (600519 CH) saw 3 block trades worth 352.31mn at 1703.00yuan per share, flat from last closing.

- Luxshare (002475 CH) saw 1 block trades worth 101.40mn at 30.29yuan 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 down collectively. January NYMEX crude oil contract down 4.25% to closed at $69.25/b, February Brent contract down 3.83% to closed at $74.24/b. INE crude oil active contract down 4.05% to 532.6 yuan/b.

* Precious metals closed up collectively, COMEX gold active contract up 0.35% and closed at $2043.4/oz. SHFE gold active contract up 0.50% and closed at 475.72 yuan/gram.

* Metals closed mixed, LME tin up 2.54%, LME lead down 1.39%, LME copper down 1.13%, LME aluminium down 0.88%. Bonded copper down 0.88%, SHFE copper down 0.77%, SHFE tin up 2.31%.

* Commodity futures closed up mostly, chemistry and energy products closed mixed, soda ash up 8.55%, glass up 1.57%, butadiene rubber up 1.25%, low sulfur fuel oil down 2.7%, LPG down 2.44%. Black series closed up collectively, coke up 3.53%, iron ore up 2.62%, hot-rolled coil up 2.36%. Agricultural products closed down mostly, RBD palm olein down 2%, rapeseed oil down 1.63%, sugar down 1.06%.

 

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