DZ20240625

 

Xi’s Emphasis

*Xi Jinping took speech at the National Science and Technology Conference, who emphasized to increase technological R&D efforts to restrict the bottlenecks of integrated circuits, industrial mother-machines, basic software, advanced materials, scientific research instruments, and core provensources.

 

Industrial Economy

*NDRC and other departments jointly issued the “Measures on Building New Consumption Scenes and Cultivating New Consumption Growth Points”, which proposes to relax automobile purchase restrictions, promote the commercialization and operation of autonomous driving, and support the establishment of a silver-haired consumption zone.

*MIIT: Promote the implementation of comprehensive lifting of restrictions on foreign investment access in manufacturing industry, continue to optimize the business environment, and fully implement the national treatment of foreign-funded enterprises.

*Shenzhen recently released the “Technical Specification for Accounting of Land-area Natural Resources Assets”, which is the first local standard that comprehensively covers six types of natural resources including land, minerals, forests, wetlands, grasslands and water.

 

International Relationship

*The Chinese side decided to implement a 15 days one-sided visa-free policy for Polish citizens.

 

June 24 Block Trade Info

*Flat

- CATL (300750 CH) saw 1 block trades worth 37.40mn at 186.98yuan per share, flat from last closing.

- Huafon Microfibre (300180 CH) saw 1 block trades worth 37.30mn at 3.54yuan per share, flat from last closing.
- Xingye Silver&Tin Mining (000426 CH) saw 2 block trades worth 143.05mn at 13.86yuan 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 1.26% to closed at $81.75/b, September Brent contract up 1.07% to closed at $85.23/b. INE crude oil active contract up 0.81% to 623.8 yuan/b.

* Precious metals closed mixed, COMEX gold active contract up 0.69% and closed at $2347.2/oz. SHFE gold active contract remained constant and closed at 554.14 yuan/gram.

* Metals closed down mostly, LME lead down 1.28%, LME aluminum down 0.64%, LME copper down 0.4%. SHFE zinc down 0.78%, SHFE aluminum down 0.22%, SHFE nickel down 0.15%.

* Commodity futures closed mixed, chemistry and energy products closed up mostly, natural rubber up 3.04%, TSR 20 up 2.46%, wood pulp up 1.26%. Black series closed down collectively, coking coal down 1.19%. Agricultural products closed mixed.

 

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