DZ20231215

 

Policy

*Beijing issued a notice to further optimize and adjust real estate policies to better support the demand for rigid and improved housing, which proposed to reduce the lower limit of new mortgage interest rate policies issued by commercial banks. Lower the minimum down payment ratio for new mortgages while extending the loan term. Also Shanghai adjusted its ordinary housing standards and optimized differentiated housing credit policies since December 15th. And the minimum down payment ratio for first-time home buyers shall not be less than 30%.

 

Xi’s Emphasis

*Chairman Xi Jinping conducted an investigation and research in Nanning City, Guangxi Province, who emphasized to improve the urban community governance system and strengthen national unity work.

 

Industrial Economy

*MoC: Several applications have been approved that comply with temporary export control measures for graphite items and will continue to review the enterprises license application in accordance with laws and regulations.

 

Financials

*CSRC: Improve the quality and efficiency of capital market services for high-quality development, actively cooperate with relevant parties to prevent and resolve real estate risks and local debts, said by Yi Huiman, head of CSRC at the party committee expansion meeting.

 

Data

*CPCAAUTO: In November, the pickup trunk market had retail sales of 46k units, increase by 9.2% y/y and 9.8 % m/m.

 

Dec 14 Block Trade Info

*Discount

- Sanan Optoelectronics (600703 CH) saw 1 block trades worth 211.60mn at 13.33yuan per share, 1.77pct discount from last closing.

- Wens (300498 CH) saw 1 block trades worth 82.10mn at 15.49yuan per share, 19.66pct discount from last closing.

- Senssun Weighing Apparatus (002870 CH) saw 1 block trades worth 130.12mn at 32.50yuan per share, 7.96pct discount from last closing.

 

*Flat

- JCHX Mining Managment (603979 CH) saw 1 block trades worth 169.99mn at 35.05yuan per share, flat from last closing.

- Will (603501 CH) saw 1 block trades worth 71.88mn at 108.41yuan 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 3.14% to closed at $71.65/b, February Brent contract up 3.23% to closed at $76.66/b. INE crude oil active contract up 3.21% to 546.0 yuan/b.

* Precious metals closed up collectively, COMEX gold active contract up 2.7% and closed at $2051.3/oz. SHFE gold active contract up 0.30% and closed at 474.46 yuan/gram.

* Metals closed up collectively, LME nickel up 3.35%, LME aluminum up 3.27%, LME tin up 2.88%, LME copper up 2.41%. SHFE tin up 1.37%, bonded copper up 1.18%, SHFE aluminum up 1.08%, SHFE copper up 0.94%.

* Commodity futures closed up mostly, chemistry and energy products closed up collectively, soda ash up 3.62%, low sulfur fuel oil up 1.99%, fuel oil up 1.53%. Black series closed mixed. Agricultural products performed mixed, No.2 soybeans up 1.67%, white sugar down 1.07%.

 

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