DZ20240711

 

Financial

*China Securities Finance Co., Ltd. issued notice on pausing securities lending business from July 11th, 2024, which aims to maintain the stable operation of the market and further strengthen countercyclical adjustment, with the consent of CSRC. The stock of the securities loan trading contract can be surviving and extended in accordance with the law, but it will be returned no later than September 30th, 2024.

*CSRC will clarify the differentiated charging arrangements for high-frequency quantitative trading, and promote speed reduction by increasing costs.

*CSRC approved to increase the margin ratio of securities lending from no less than 80% to 100%, and the margin ratio of private securities investment funds participating in securities lending from no less than 100% to 120%.

 

Industrial Economy

*Shanghai issued the “Action Plan to Accelerate Automobile Renewal Consumption (2024-2027)”, which proposes to promote the update of automobile consumption, and the transaction volume of second-hand cars is expected to reach 900k units by 2027.

 

July 10 Block Trade Info

*Discount

- Yintai Gold (000975 CH) saw 1 block trades worth 48.87mn at 16.29yuan per share, 7.91pct discount from last closing.

- Xingye Silver&Tin (000426 CH) saw 1 block trades worth 63.50mn at 14.00yuan per share, 0.07pct discount from last closing.

 

*Flat

- China Shipbuilding Industry (601989 CH) saw 1 block trades worth 64.22mn at 4.94yuan per share, flat from last closing.

- Zhongjin Gold (600489 CH) saw 1 block trades worth 67.44mn at 16.86yuan per share, flat from last closing.

- Wintrue (002539 CH) saw 1 block trades worth 69.50mn at 7.02yuan 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 1.23% to closed at $82.41/b, September Brent contract up 0.83% to closed at $85.36/b. INE crude oil active contract up 0.27% to 623.0 yuan/b.

* Precious metals closed up slightly, COMEX gold active contract up 0.42% and closed at $2377.9/oz. SHFE gold active contract up 0.36% to closed at 563.24 yuan/gram.

* Metals closed mixed, LME tin up 2.26%m LME zinc up 0.89%, LME nickel down 1.85%, LME aluminum down 0.74%. SHFE tin up 1.58%, SHFE zinc up 0.45%, SHFE nickel down 1.12%, SHFE lead down 0.56%.

* Commodity futures closed mixed, chemistry and energy products closed up mostly, methanol up 1.18%, TSR 20 up nearly 1%, soda ash down 2.35%. Black series closed down collectively. Agricultural products closed down collectively, rapeseed oil down 0.74%.

 

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