DZ20240618

 

Financial

*Fourteenth Session Standing Committee of the NPC tenth meeting will be held in Beijing from June 25th to 28th, which will review the revise draft of accounting law and the draft of financial stability law

*Ministry of Human Resources and Social Security and MoC jointly issued notice to adjust the basic pension level of retirees from enterprises, institutions from January 1, 2024, with the basic pension level of retirees increased by 3%.

 

Industrial Economy

*The National Committee of the Chinese People’s Political Consultative Conference held a bi-weekly consultation symposium to discuss politics around promoting the inheritance, innovation and development of traditional Chinese medicine.

*State Administration for Market Regulation of the People’s Republic of China signed memorandum of understanding with the Australian Ministry of Agriculture, included fishery and forestry on food safety supervision cooperation.

*The Shanghai Administration for Financial Regulation and other seven departments jointly issued the “Action Plan for the Construction of Supply Chain Finance Demonstration Zone in the Industry and Insurance Industry”, which proposes to focus on key areas such as integrated circuits, artificial intelligence, and bio-medicine.

 

June 17 Block Trade Info

*Discount

- Triangle Defense (300775 CH) saw 1 block trades worth 55.48mn at 29.78yuan per share, 1.85pct discount from last closing.

 

*Flat

- Weaver Network Tech (603039 CH) saw 1 block trades worth 118.69mn at 33.68yuan per share, flat from last closing.

- Wanhua Chemical (600309 CH) saw 1 block trades worth 42.88mn at 85.75yuan per share, flat from last closing.

- Rongsheng Petrochemical (002493 CH) saw 1 block trades worth 47.98mn at 9.61yuan per share, flat from last closing.

- Gcl Energy (002015 CH) saw 1 block trades worth 99.98mn at 8.76yuan 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. August NYMEX crude oil contract up 2.43% to closed at $79.95/b, August Brent contract up 2.15% to closed at $84.4/b. INE crude oil active contract up 1.65% to 615.8 yuan/b.

* Precious metals closed down slightly, COMEX gold active contract down 0.66% and closed at $2333.6/oz. SHFE gold active contract down 0.36% and closed at 549.52 yuan/gram.

* Metals closed mixed, LME zinc up 1.86%, LME lead up 0.96%, LME nickel down 0.83%, LME copper down 0.49%. SHFE lead up 1.53%, SHFE zinc up 0.36%. Bonded copper down 0.55%, SHFE copper down 0.47%.

* Commodity futures closed mixed, iron ore up 1.47%, butadiene rubber up 1.37%, steel rebar up 0.64%, hot-rolled coil up 0.61%. Rapeseed meal down 2%, soybean meal down 1.41%, No.2 soybeans down 1.25%.

 

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