DZ20231214

 

Data

*November China’s new RMB loans reached 1.09 trillion yuan, with an expected value of 1.3 trillion yuan and a previous value of 738.4 billion yuan. M2 balanceof 291.2 trillion yuan, increase by 10% y/y, social financing growth was 2.45 trillion yuan, an increase of 455.6 billion yuan from the same period last year.

 

International Relationship

*China and Vietnam have issued a joint statement on further deepening and enhancing comprehensive strategic partnerships, and building a strategic community with a shared future between China and Vietnam. Previously, Chairman Xi Jinping met Vietnamese Premier Fan Mingzheng on December 13th.

 

Industrial Economy

*Ministry of Transport, PBoC and other five departments jointly released guidance on accelerating the high-quality development of modern shipping service industry, which pointed out to support Shanghai to steadily and orderly promote the reform of the Shanghai Shipping Exchange system. By 2035, Shanghai International Shipping Center will be among the world’s top service providers.

*Liaoning Province issued “Several Measures to Accelerate the Development of Industrial Software Industry”, which proposes to encourage independent technology research and development.

 

Financials

*The State Council agreed in principle with the “Overall Development Plan for Guangdong-Macao In-Depth Cooperation Zone in Hengqin”.

 

Dec 13 Block Trade Info

*Discount

- Guomao Reducer (603915 CH) saw 2 block trades worth 94.00mn at 16.00yuan per share, 4.31pct discount from last closing.

- Zhongtai Securities (600918 CH) saw 2 block trades worth 115.17mn at 6.47yuan per share, 8.23pct discount from last closing.

- Oflim (002456 CH) saw 7 block trades worth 646.50mn at 8.62yuan per share, 7.51pct discount 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 mostly. January NYMEX crude oil contract up 1.84% to closed at $69.87/b, February Brent contract up 1.97% to closed at $74.68/b. INE crude oil active contract down 0.52% to 530.7 yuan/b.

* Precious metals closed up significantly, COMEX gold active contract up 2.5% and closed at $2043.1/oz. SHFE gold active contract up 0.05% and closed at 469.86 yuan/gram.

* Metals closed mixed, LME aluminum up 1.13%, LME tin up 0.9%, LME nickel down 0.73%. SHFE aluminum up 0.35%, SHFE nickel up 0.29%. SHFE lead down 0.35%, bonded dopper down 0.32%.

* Commodity futures closed down collectively, chemistry and energy products performed weak, soda ash down 2.1%, PTA down 1.03%, methanol down 1%. Black series closed down collectively, coking coal down 1.77%. Agricultural products closed down mostly, No.2 soybeans down 1.69%, rapeseed meal down 1.17%, No.1 soybeans down 1.1%.

 

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