DZ20231208

 

Policy

*The State Council issued the “General Plan for Comprehensively Connecting International High-standard Economic and Trade Rules and Promoting High-level Institutional Openness of Shanghai Free Trade Pilot Zone”, which proposed to promote high-level opening-up in key areas such as finance and telecommunications in the Shanghai Pilot Free Trade Zone to support multinational companies to establish fund management centers.

*The State Council issued the “Action Plan for Continuous Improvement of Air Quality”, which proposed that by 2025, the proportion of days with heavy or above pollution was controlled within 1%. It is strictly forbidden to increase steel production capacity and resolutely curb high-energy-consuming, high-emission and low-level projects that are blindly launched. Vigorously develop new energy and clean energy,and the proportion of electricity to terminal energy consumption will reach about 30% by 2025.

 

International Relationship

*Chairman Xi Jinping will conduct a state visit to Vietnam from December 12th to 13th in response to invitations from Ruan Fuzhong, Chairman of Vietnam.

 

Industrial Economy

*Jilin Province recently issued the “Implementation Plan for the First Layout of Hydrogen Energy and New Energy Storage Industry”, which pointed out that by 2025, the output value of the hydrogen energy industry will reach cny 10bn, driving a new energy installed capacity of 5mio kilowatts.

*National Mine Safety Supervision Bureau and MIIT issued a notice to jointly carry out the collection of typical application scenarios for mining robots in 2023 toguide robot enterprises strengthen cooperation with user units and promote advanced and applicable mining robot iteration optimization and large-scale application.

 

Financials

*Guangzhou issued “Several Measures for Financial Support for the Development of Private Economy”, which encourage banking institutions to formulate special policies for serving the private economy, support the listing and refinancing of private enterprises.

 

Dec 7 Block Trade Info

*Discount

- Hatou (600864 CH) saw 1 block trades worth 126.29mn at 6.07yuan per share, 0.33pct discount from last closing.

 

*Flat

- Moutai (600519 CH) saw 5 block trades worth 149.94mn at 1700yuan per share, flat from last closing.

- Antong Holdings (600179 CH) saw 1 block trades worth 167.17mn at 2.61yuan 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 slightly. January NYMEX crude oil contract up 0.37% to closed at $69.64/b, February Brent contract up 0.13% to closed at $74.40/b. INE crude oil active contract up 3.23% to 556.6 yuan/b.

* Precious metals closed down collectively, COMEX gold active contract down 0.13% and closed at $2045.3/oz. SHFE gold active contract down 0.01% and closed at 474.94 yuan/gram.

* Metals closed mixed, LME nickel up 2.66%, LME copper up 1.01%, LME zinc down 0.93%, LME aluminum down 0.81%. SHFE nickel up 0.78%, SHFE lead down 0.61%, SHFE aluminum down 0.57%.

* Commodity futures closed up collectively, chemistry and energy products closed up collectively, soda ash up 7.97%, wood pulp up 3.95%, LPG up 2.26%. Black series closed up collectively, iron ore up 2.6%, hot-rolled coil up 1.74%, coke up 1.59%. Agricultural products closed up mostly, RBD palm olein up 1.84%, rapeseed oil up 1.63%, No.2 soybeans up 1.44%.

 

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