DZ20240703

 

Industrial Economy

*SASAC held a central enterprise environmental protection and low-carbon work meeting, which pointed out that state-owned central enterprises should coordinate and promote industrial transformation, pollution control, ecological protection, and support high-quality development with high-level protection.

*MIIT: Strengthen core technology R&D, implement major science and technology special projects, strengthen the R&D and application promotion of cutting-edge technologies, open up new tracks such as AI, humanoid robots and 6G, create iconic products and build new advantages for future development.

 

Financial

*Premier Li Qiang of the State Council will attend the 2024 World Artificial Intelligence Conference and Artificial Intelligence High-level Meeting held in Shanghai on July 4th and give a keynote speech.

*MoF announced to advance the budget to various provincial MoF departments and pre-disburse interest subsidies, the provincial MoF has implemented interest rate policies through 21 commercial banks, regularly allocating interest rate subsidies to its provincial branches, and then settling them according to the actual loan situation.

 

July 2 Block Trade Info

*Discount

- JCHX Mining (603979 CH) saw 2 block trades worth 233.19mn at 47.06yuan per share, 5.04pct discount from last closing.

- Zijin Mining (601899 CH) saw 9 block trades worth 85.01mn at 17.50yuan per share, 1.91pct discount from last closing.

- Poly (600048 CH) saw 5 block trades worth 338.36mn at 8.85yuan per share, 1.99pct discount from last closing.

 

*Flat

- China Shipbuilding Industry (601989 CH) saw 1 block trades worth 313.94mn at 4.90yuan per share, flat from last closing.

- Satellite Chemical (002648 CH) saw 2 block trades worth 145.09mn at 18.24yuan 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 slightly. August NYMEX crude oil contract down 0.25% to closed at $83.17/b, September Brent contract down 0.12% to closed at $86.50/b. INE crude oil active contract up 0.33% to 631.3 yuan/b.

* Precious metals closed mixed, COMEX gold active contract down 0.01% and closed at $2338.6/oz. SHFE gold active contract up 0.03% to closed at 552.20 yuan/gram.

* Metals closed mixed, LME nickel down 1.62%, LME lead down 0.77%, LME copper and LME zinc up 0.32%. SHFE nickel down 0.92%, SHFEE tin down 0.74%, SHFE lead down 0.48%.

* Commodity futures closed up mostly, chemistry and energy products closed up collectively, soda ash up 1.3%, low sulfur fuel oil up 1.02%, wood pulp up 1.01%, fuel oil up nearly 1%. Black series closed down mostly. Agricultural products closed up mostly, rapeseed oil up 1.99%, rapeseed meal up 1.54%, No.2 soybeans up 1.02%.

 

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