DZ20240624

 

Financial

*SAFE: Deepen the reform of QFII/RQFII foreign exchange management, plan to further optimize registration and exchange management procedures, expand channels for QFII/RQFII to conduct foreign exchange risk management through the domestic foreign exchange market, and promote the opening up of the foreign exchange market.

*MoF together with CSRC jointly issued and publicly solicited opinions on the “Measures for Asset Valuation Institutions to Engage in Securities Service Business Filing”.

 

Industrial Economy

*Ministry of Agriculture and Rural Affairs: Accelerate the R&D of synthetic biotechnology and related product approval for market supply, promote high-quality development of feed and breeding industry with new productivity.

*MIIT released the “Key Points for Automobile Standardization Work in 2024”, which proposes 19 specific tasks from five aspects, improving the automotive technology standard system and promoting domestic and international compatibility of automotive standards.

*Ministry of Water Resources issued a notice on promoting the popularization and update of water-saving appliances in public institutions.

 

June 21 Block Trade Info

*Discount

- Arctech Solar (688408 CH) saw 16 block trades worth 60.65mn at 93.12yuan per share, 8.71pct discount from last closing.

- Xinghuacun Fen Wine (600809 CH) saw 1 block trades worth 351.97mn at 206.80yuan per share, 4.70pct discount from last closing.

 

*Flat

- Moutai (600519 CH) saw 2 block trades worth 51.49mn at 1471.00yuan per share, flat from last closing.

- China Tianying (000035 CH) saw 2 block trades worth 48.11mn at 4.70yuan 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. August NYMEX crude oil contract down 0.86% to closed at $80.59/b, September Brent contract down 0.73% to closed at $84.24/b. INE crude oil active contract down 0.61% to 616.9 yuan/b.

* Precious metals closed down collectively, COMEX gold active contract down 1.45% and closed at $2334.7/oz. SHFE gold active contract down 1.41% and closed at 551.76 yuan/gram.

* Metals closed down collectively, LME copper down 1.81%, LME nickel down 1.46%, LME lead down 1.38%. Bonded copper down 1.42%, SHFE copper down 1.29%, SHFE nickel down 0.86%.

* Commodity futures closed down collectively, chemistry and energy products closed down collectively, soda ash down 1.12%, PVC down 0.95%, EB down 0.62%. Black series closed down collectively, coking coal down 1.80%, coke down 1.16%, iron ore down 1.58%. Agricultural products closed mixed, No.2 soybeans down 0.21%, corn starch down 0.21%. Rapeseed meal up 1.09%, soybean oil up 0.33%.

 

Download PDF

 

DISCLAIMER

The report is issued by Orient Securities Co. LTD (Orient Securities) and Shanghai Orient Futures Co. LTD (Orient Futures) to institutional investors. Opinions expressed may differ from those of other divisions of Orient Securities, including Orient Securities Research Institute. Orient Securities may trade as principal in instruments identified herein and may accumulate/have accumulated a long or short position in instruments or derivatives thereof. Orient Securities has policies designed to negate conflicts of interest. This e-mail is not an official confirmation of terms and unless stated, is not a recommendation, offer or solicitation to buy or sell. Any prices or quotations contained herein are indicative only. Communications may be monitored.