DZ20231211

 

Policy

*CSRC publicly solicited opinions on the “Regulations on Strengthening the Management of Publicly Raised Securities Investment Fund Securities Trading”, which pointed out to reasonably reduce the securities trading commission rate for public funds and reduce the upper limit of the commission allocation ratio for securities trading.

*CSRC publicly solicited opinions on the “Measures for the Supervision and Management of Private Equity Investment Funds”, which pointed out to increase the paid-in amount of a single private equity and venture capital fund from cny 1mio to 3mio.

 

Financials

*The Political Bureau of the CPC Central Committee held a meeting on December 8th to analyze and study economic work in 2024, review the “Regulations on Disciplinary Actions of the Communist Party of China”, Chairman Xi Jinping presided over the meeting.

*The CSI A50 index will be officially released on January 2nd, 2024, portraying the structural characteristics of the capital market from multiple dimensions and continuously serving the long-term capital allocation needs.

*CSRC and SASAC jointly issued the “Notice on Supporting Central Enterprises to Issue Green Bonds”.

 

Data

*CPCAAUTO: November retail sales of the passenger car market reached 2.08mio units, up 26.0% y/y and up 2.4% m/m. The cumulative retail sales this year reached 19.35mio units, up 5.3% y/y.

*National Bureau of Statistics: November CPI decreased by 0.5% y/y and decreased by 0.5% m/m. PPI decreased by 3.0% y/y and decreased by 0.3% m/m.

 

Industrial Economy

*MIIT: Actively promote the innovative development of new energy and intelligent connected vehicles. Speed up the promotion and application of NEV, coordinate and promote low-carbon development in production and manufacturing links and improve the green circular ecological system.

 

Dec 8 Block Trade Info

*Discount

- Galaxycore (688728 CH) saw 8 block trades worth 91.30mn at 18.26yuan per share, 9.65pct discount from last closing.

- Three Gorges Water Conservancy (600116 CH) saw 4 block trades worth 254.65mn at 6.81yuan per share, 10.39pct discount from last closing.

- Empyrean Tech (301269 CH) saw 1 block trades worth 161.64mn at 107.76yuan per share, 0.70pct discount from last closing.

- Changshan Biochemical Pharma (300255 CH) saw 9 block trades worth 62.19mn at 11.08yuan per share, 22.79pct discount from last closing.

 

*Flat

- Zangge Mining (000408 CH) saw 3 block trades worth 379.99mn at 24.05yuan per share, flat from last closing.

 

*Margin Trade

(No updates of SZ data as of 9:20)

 

*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 2.77% to closed at $71.26/b, February Brent contract up 2.48% to closed at $75.89/b. INE crude oil active contract up 0.68% to 549.7 yuan/b.

* Precious metals closed down collectively, COMEX gold active contract down 1.25% and closed at $2020.8/oz. SHFE gold active contract down 0.99% and closed at 470.28 yuan/gram.

* Metals closed up mostly, LME nickel up 1.8%, LME copper up 1.15%, LME zinc down 0.71%, LME tin down 0.45%. Bonded copper up 1.47%, SHFE nickel up 1.41%, SHFE copper up 1.11%. SHFE lead up 0.52%.

* Commodity futures closed up mostly, chemistry and energy products closed mixed, LPG up 2.51%, wood pulp up 1.5%, soda ash down 4.38%, glass down 3.74%. Black series closed mixed. Agricultural products closed up collectively, rapeseed meal up 2.55%, soybean meal up 1.82%, No.2 soybeans up 1.46%.

 

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