DZ20241015

 

PBoC key data

*At the end of September, M2 balance of cny 309.48tn, up 6.8% y/y, M1 balance of cny 62.82tn, down 7.4% y/y, M0 in circulation balance of cny 12.18tn, up 11.5% y/y.

*Jan-Sep cumulative amount increase in social financing scale of cny 25.66tn, which is cny 3.68tn less than the same period of last year.

*Jan-Sep New RMB loans of cny 16.02tn, with a previous value of cny 14.43tn.

*At the end of September, the national foreign exchange reserve balance of $3.32tn.

 

Industrial Economy

*China Photovoltaic Industry Association held a symposium on preventing industry internal competition in Shanghai, which pointed out to strengthen market survival of the fittest mechanism, smooth exit channels for backward and inefficient production capacity.

*Hubei Province held conference making efforts to lay out a new track for low-altitude economy, striving to break through cny 100bn in industrial scale by 2027.

*MoF held the national consumer goods trade-in work conference, which pointed out to speed up the progress of subsidy fund allocation and distribution and ensure the effective promotion of the trade-in work for consumer goods.

 

Financial

*MoF issued a notice on supporting the market-making of government bonds, improve the liquidity of the secondary market of government bonds, and improve the yield curve of government bonds reflecting market supply and demand.

 

Oct 14 Block Trade Info

*Discount

-Eastern Air (601156 CH) saw 6 block trades worth 83.63mn at 15.70yuan per share, 9.98pct discount from last closing.

-Nanshan Aluminum (600219 CH) saw 2 block trades worth 151.60mn at 4.23yuan per share, 4.51pct discount from last closing.

-Compass Tech (300803 CH) saw 1 block trades worth 295.95mn at 64.09yuan per share, 19.05pct discount from last closing.

 

*Flat

-Yangjie Electronic (300373 CH) saw 1 block trades worth 72.48mn at 45.30yuan 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. November NYMEX crude oil contract down about 4.9% to closed at $71.86/b, December Brent contract down about 4.71% to closed at $75.32/b. INE crude oil active contract down about 1.51% to 566.4 yuan/b.

* Precious metals closed mixed, COMEX gold active contract down 0.39% and closed at $2665.8/oz. SHFE gold active contract up 0.14% to closed at 601.18 yuan/gram.

* Metals closed down collectively, LME copper down 1.47%, LME zinc down 1.89%, LME nickel down 1.23%, LME aluminum down 1.39%, LME tin down 2.69%, LME lead down 1.17%, SHFE lead down 1.61%, SHFE tin down 1.41%, SHFE zinc down 1.35%, SHFE copper down 0.55%, SHFE nickel down 0.45%, stainless steel down 0.5%,SHFE aluminum down 0.34%, aluminum oxide up 1.38%.

* Commodity futures closed mixed, ethenylbenzene down 1.3%, PTA down 1.03%, glass up 3.55%, bitumen up 1.17%, rapeseed meal up 1.67%, soybean meal up 1.17%, rapeseed oil down 1.7%, RBD palm olein down 1.23%.

 

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