DZ20240626

 

Industrial Economy

*State Council Premier Li Qiang attended the opening ceremony of the 2024 Summer World Economic Forum in Dalian and delivered a speech, who emphasized technological breakthroughs represented by AI, biotechnology, and green energy will create new high-growth new tracks and formats, inject stronger momentum into economic development through the widespread empowerment of AI.

*Ministry of Natural Resources together with relevant departments studied how to revitalize the policy of utilizing the undeveloped land, and support local governments in recovering and acquiring idle land.

*The National Press and Publication Administration released information on the approval of domestic online games in June, with a total of 104 games approved, with Tencent (0700 HK) and ZQGAME (300052 CH) games listed.

*PBoC issued a document stating that it will deepen the construction of digital central bank, take technological innovation as means to build more advanced digital infrastructure.

 

Financial

*MoF and other four departments jointly issued a notice to implement the financial discount policy for equipment renewal loans, which proposes the central government will subsidize the loan principal of the operating entity by 1 percentage point.

 

June 25 Block Trade Info

*Discount

- Anjoy Foods (603345 CH) saw 1 block trades worth 58.41mn at 65.52yuan per share, 10.53pct discount from last closing.

- Keli Motor (002892 CH) saw 1 block trades worth 47.64mn at 8.76yuan per share, 15.28pct discount from last closing.

- Xingye Silver&Tin Mining (000426 CH) saw 2 block trades worth 73.36mn at 13.90/14.05yuan per share, 0/1.07pct discount from last closing.

 

*Premium

- Hongdou Industrial (600400 CH) saw 1 block trades worth 110.16mn at 2.40yuan per share, 10.60pct premium from last closing.

 

*Flat

- Moutai (600519 CH) saw 3 block trades worth 69.13mn at 1486.65yuan 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 1.04% to closed at $80.78/b, September Brent contract down 1.22% to closed at $84.11/b. INE crude oil active contract down 0.71% to 616.5 yuan/b.

* Precious metals closed down collectively, COMEX gold active contract down 0.54% and closed at $2331.7/oz. SHFE gold active contract down 0.49% to closed at 549.74 yuan/gram.

* Metals closed mixed, LME tin down 1.82%, LME copper down 1.29%, LME nickel down 0.52%. LME lead up 1.33%. SHFE tin down 2.08%, bonded copper down 1.11%, SHFE lead up 1.72%.

* Commodity futures closed mixed, chemistry and energy products closed mixed, wood pulp up 1.45%, TSR 20 down 2.22%, natural rubber down 1.67%. Black series closed up mostly, coking coal up 1.3%. Agricultural products closed mixed, cotton yarn up 1.56%, cotton up 1.11%.

 

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