DZ20240523

 

Industrial Economy

*Guangdong Province issued the “Action Plan for Promoting High-Quality Development of Low-altitude Economy 2024-2026”, which proposed to support the development of low-altitude industries through government investment funds and other means to support the head enterprises to implement mergers and acquisitions in a market-oriented way.

*Guangzhou released the “Housing Old-for-New Activity Initiative”, with 122 participating in the first batch of real estate projects and 12 intermediary agencies, which will be implemented from May 25th to November 24th, 2024.

*QCloud announced a new large model upgrade plan. One of the main models, the Mixed Yuan-lite model, the API (application interface) input and output total length plan has been upgraded from the current 4k to 256k, and the price has been adjusted from 0.008 yuan/thousand tokens to full free.

 

Financial

*Ministry of Foreign Affairs decided to implement countermeasures against US military companies and senior managers for 12 companies listed in the “Reverse List” including LOCKHEED MARTIN Missile and Fire Control Company, LOCKHEED MARTIN AIR, which will be implemented from May 22nd, 2024.

*NDRC issued the “Government and Social Capital Cooperation Project Franchise Agreement”, which is mainly based on the common provisions and conditions of the domestic “construction-operation-transfer (BOT)” implementation method, for reference use of relevant projects.

 

May 22 Block Trade Info

*Discount

- Jinhongshun Auto (603922 CH) saw 2 block trades worth 33.69mn at 26.00yuan per share, 0.73pct discount from last closing.

- Tianneng Heavy Industries (300569 CH) saw 2 block trades worth 94.48mn at 4.62yuan per share, 11.66pct discount from last closing.

- Inner Mongolia Dazhong Mining (001203 CH) saw 1 block trades worth 159.20mn at 9.95yuan per share, 9.87pct discount from last closing.

 

*Flat

- Haige Communications (002465 CH) saw 2 block trades worth 27.98mn at 10.77yuan 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. June NYMEX crude oil contract down 1.79% to closed at $77.25/b, July Brent contract down 1.51% to closed at $81.63/b. INE crude oil active contract down 1.34% to 602.8 yuan/b.

* Precious metals closed down significantly, COMEX gold active contract down 1.8% and closed at $2382.3/oz. SHFE gold active contract down 1.89% and closed at 563.82 yuan/gram.

* Metals closed down collectively, LME nickel down 4.48%, LME copper down 4.26%, LME aluminum down 3.12%, LME zinc down 2.63%. Bonded copper down 3.09%, SHFE copper down 2.79%, SHFE nickel down 2.54%, SHFE tin down 1.76%.

* Commodity futures closed up mostly, chemistry and energy products closed mixed, TSR20 up 1.98%, natural rubber up 1.22%, butadiene rubber up 1.13%. Black series went up mostly, coke up 1.47%, coking coal up 1.4%. Agricultural products closed up collectively, rapeseed meal up 1.28%.

 

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