DZ20240820

 

Financial

*State Council Premier Li Qiang presided over the executive meeting reviewed and approved the “Opinions on Promoting High-Quality Development of Service Trade through High-level Opening” and the “Special Administrative Measures for Foreign Investment Admission (negative list)”.

*NDRC released the “Three-Year Action Plan for the Construction of First-Class Business Environment in Beijing-Tianjin-Hebei”, which mentioned accelerating the opening up of key areas to the outside world, encouraging enterprises to use both domestic and foreign markets for financing, and deepening qualified overseas limited partners (QFLP) and cross-border RMB loans.

*PBoC and Bank of Vietnam signed a contract of memorandum of understanding to further promote cooperation between the two parties in areas such as local currency settlement, local currency swapping, and cross-border payment interconnection.

 

Industrial Economy

*Ministry of Agriculture and Rural held an executive meeting, reviewed and approved in principle the “Notice on Further Strengthening the Full Chain Management of Financial Supporting Agricultural Funds Use”.

*Shanghai held executive meeting which agreed in principle with the “Three-Year Action Plan for Promoting High-Quality Development of Live streaming Economy (2024-2026)” and “Shanghai Action Plan for Improving the International Competitiveness of Biomedical Enterprises (2024-2027)”.

 

Aug 19 Block Trade Info

*Discount

- Allist Pharma (688578 CH) saw 11 block trades worth 33.83mn at 51.17yuan per share, 8.00pct discount from last closing.

-Minsheng Banking (600016 CH) saw 7 block trades worth 153.85mn at 3.33/3.49yuan per share, 0.57/5.13pct discount from last closing.

 

*Flat

- CATL (300750 CH) saw 1 block trades worth 45.66mn at 175.60yuan 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. October NYMEX crude oil contract down 2.29% to closed at $73.81/b, October Brent contract down 2.4% to closed at $77.77/b. INE crude oil active contract down 2.22% to 550.0 yuan/b.

* Precious metals closed up collectively, COMEX gold active contract up 0.19% and closed at $2542.6/oz. SHFE gold active contract down 0.02% to closed at 573.04 yuan/gram.

* Metals closed up collectively, LME aluminum up 2.73%, LME nickel up 2.58%, LME tin up 2%, SHFE copper up 1.59%. SHFE nickel up 1.44%, SHFE aluminum up 0.95%, SHFE tin up 0.85%.

* Commodity futures closed up mostly, coke up 1.65%, cotton up 1.46%, iron ore up 1.28%. PTA down 1.14%, PX down 1.10%.

 

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