DZ20240516

 

Industrial Economy

*MoC and MoF jointly issued a notice on improving the recycling system for renewable resources and supporting durable consumer goods such as home appliances to be exchanged for old ones, which pointed out to improve efficiency in recycling, transfer, and distribution of waste household appliances and furniture.

*MIIT, NDRC and other three departments jointly issued a notice to carry out the 2024 New Energy Automobile rural activities from May to December.

*Central Network Information Office, NDRC and other four departments jointly issued the “Key Points for Digital Rural Development in 2024”, which clearly states that by the end of 2024, substantial progress has been made in digital rural construction.

*The Nanjing Low-Empty Economic Development Conference was held, and the “Implementation Plan for Promoting High-Quality Development of Low-Empty Economy in Nanjing (2024-2026)” was officially released.

 

International Relationship

*State Council Premier Li Qiang met with Gu Peiqin, chairman of the British-Chinese Trade Association in Beijing, who emphasized that China has always adhered to the basic national policy of opening up to the outside world, and welcomes companies from various countries such as the UK to continue investing in China.

 

May 15 Block Trade Info

*Discount

- Yili Chuanning Biotech (301301 CH) saw 1 block trades worth 47.04mn at 15.68yuan per share, 1.32pct discount from last closing.

- TES Touch Embedded Solutions (003019 CH) saw 1 block trades worth 41.90mn at 27.93yuan per share, 1.79pct discount from last closing.

 

*Flat

- Lens Tech (300433 CH) saw 1 block trades worth 28.88mn at 14.44yuan per share, flat from last closing.

 

*Premium

- Weichai Power (000338 CH) saw 1 block trades worth 40.96mn at 18.50yuan per share, 2.89pct premium from last closing.

 

*Margin Trade

 

*Connection Trade SUSPENDED

 

*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. June NYMEX crude oil contract up 1.09% to closed at $78.87/b, July Brent contract up 0.68% to closed at $82.94/b. INE crude oil active contract down 0.34% to 610.7 yuan/b.

* Precious metals closed up significantly, COMEX gold active contract up 1.35% and closed at $2391.8/oz. SHFE gold active contract up 1.19% and closed at 564.84 yuan/gram.

* Metals closed up mostly, LME nickel up 2.49%, LME aluminum up 1.92%, LME copper up 1.66%, LME zinc down 0.68% on the contrast. SHFE nickel up 1.10%, SHFE lead up 0.62%, SHFE tin down 0.62%.

* Commodity futures closed up mostly, chemistry and energy products closed up collectively, wood pulp up 1.92%, low sulfur fuel oil down 1.43%. Black series closed mixed, coking coal down 1.17%, coke down nearly 1%. Agricultural products closed up mostly, soybean oil up 1.25%, RBD palm olei up 1.08%.

 

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