DZ20240305

 

Financial

*The second meeting of the 14th session of the National Committee of the Chinese People’s Political Consultative Conference opened, Chairman Xi Jinping and other party and national leaders attended the opening meeting.

*The cny 50bn private securities investment fund jointly funded by CHINA LIFE (601628 CH) and NCI (601336 CH) has completed product filing and already meets the conditions for entering the market.

*SSE and SZSE jointly organize trading compliance training for quantitative private equity institutions to help them timely and accurately understand the regulatory ideas and work requirements of quantitative transactions, effectively improve the level of compliant transactions, and prevent quantitative trading risks. Leaders from 28 top quantitative private equity institutions participated.

 

Data

*CPCAAUTO: The estimated February wholesale sales volume of new energy passenger vehicle will be 450k units, down 9% y/y and down 34% m/m respectively.

 

Industrial Economy

*The 5th National Automotive Standardization Technical Committee 2024 Annual Conference was held, which reviewed the “Key Points for Vehicle Standardization Work in 2024”.

 

March 4 Block Trade Info

*Discount

- Biwin Storage (688525 CH) saw 4 block trades worth 280.92mn at 47.94/48.14yuan per share, 1.49/1.90pct discount from last closing.

- Huate Gas (688268 CH) saw 24 block trades worth 80.82mn at 47.54yuan per share, 6.66pct discount from last closing.

- Gan&Lee (603087 CH) saw 15 block trades worth 108.08mn at 40.03yuan per share, 7.51pct discount from last closing.

- Victory Giant Tech (300476 CH) saw 5 block trades worth 212.89mn at 23.92yuan per share, 5.00pct discount from last closing.

- Yunnan Baiyao (000538 CH) saw 4 block trades worth 403.92mn at 50.49yuan per share, 0.34pct discount from last closing.

 

*Flat

- Luxshare Precision (002475 CH) saw 4 block trades worth 72.42mn at 28.01yuan 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. April NYMEX crude oil contract down 1.51% to closed at $78.76/b, May Brent contract down 0.81% to closed at $82.87/b. INE crude oil active contract down 0.52% to 614.1 yuan/b.

* Precious metals closed up collectively, COMEX gold active contract up 1.31% and closed at $2123.1/oz. SHFE gold active contract up 1.89% and closed at 498.00 yuan/gram.

* Metals closed up mostly, LME nickel up 1.35%, LME zinc up 1.32%, LME lead up 1.03%. LME aluminum down 0.31%. SHFE zinc up 0.63%, SHFE tin up 0.45%, SHFE nickel up 0.44%.

* Commodity futures closed mixed, chemistry and energy products moved down mostly, soda ash up 4.56% on the contrast. Black series closed up collectively, iron ore up 1.72%. Agricultural products performed mixed.

 

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