DZ20240627

 

Xi’s Emphasis

*Chairman Xi Jinping met Vietnamese Premier Fan Mingzheng, who emphasized to jointly promote high-quality construction of the "Belt and Road", and implement livelihood projects such as agriculture, education, and medical care.

 

Financial

*Premier Li Qiang presided over State Council executive meeting, which pointed out to deepen the opening up of key areas, implement the "zero clearance" requirements for foreign investment access restrictions in the manufacturing industry, and launch a new round of pilot measures to expand the opening up of the service industry.

*CSRC: Conduct a pilot project for the physical distribution of stocks by private equity venture capital funds, this allows the allocation of shares held by listed companies to investors through non-trading transfer methods, which not only enriches the exit channels but also helps alleviate the impact on the market.

*SASAC: Give greater support to central enterprise venture capital funds in areas such as relaxing scale restrictions, increasing investment proportions, focusing on overall performance and long-term return assessment, clarifying due diligence and exemption conditions.

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June 26 Block Trade Info

*Discount

- Ninebot (689009 CH) saw 5 block trades worth 75.33mn at 36.13yuan per share, 7.36pct discount from last closing.

- GEM (002340 CH) saw 1 block trades worth 231.64mn at 5.69yuan per share, 13.26pct discount from last closing.

- Wanliyang (002434 CH) saw 1 block trades worth 39.80mn at 4.75yuan per share, 6.50pct discount from last closing.

 

*Flat

- Ingenic Semiconductor (300223 CH) saw 1 block trades worth 105.95mn at 54.98yuan 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 slightly. August NYMEX crude oil contract up 0.06% to closed at $80.88/b, September Brent contract up 0.3% to closed at $84.47/b. INE crude oil active contract up 2.22% to 827.0 yuan/b.

* Precious metals closed down collectively, COMEX gold active contract down 0.9% and closed at $2309.8/oz. SHFE gold active contract down 0.89% to closed at 545.2 yuan/gram.

* Metals closed mixed, LME tin down 0.96%, LME copper up 0.25%, LME nickel down 0.19%. LME lead down 0.81%. SHFE tin down 0.03%, bonded copper up 0.16%, SHFE lead up 0.73%.

* Commodity futures moved up mostly including black series climbed up for iron ore up 2.22% and coke up 1.25%. Chemistry closed mixed while agricultural products inched up, rapeseed meal rose 1.35%.

 

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