DZ20241016

 

Press conference to watch on housing

-Minister of Housing and Urban-Rural Development as well as officials in charge from Ministry of finance, natural resources, PBoC and National Financial Regulatory Administration will be introducing moves in promoting stable and healthy development of housing market at 10 am today (Oct 17)

 

Sector

-MoF, State Administration of Taxation and Ministry of Water Resources jointly issued measures on pilot reform of water resources tax, to be carried forward from Dec 1, 2024.

 

Financial

-State Administration of Taxation：among the comprehensive income obtained in China, more than 70% don’t need to pay personal income tax, among the remaining actual tax paying personnel more than 60% are only applicable to the minimum tax rate of 3%, and the amount of tax paid is relatively small.

 

Market

-10 CSI A500 ETF listed for the first day on 10/15/2024, total transaction volume cny 11 bio. Guotai CSI A500 ETF(159338 CH) transaction volume exceeded cny 3.1 bio, turnover rate 166.49%. Among the 10 ETFs, 7 have a premium.

 

Oct 15 Block Trade Info

*Discount

-Newway Photomask (688401 CH) saw 3 block trades worth 71.67mn at 22.68yuan per share, 10.00pct discount from last closing.

-iRay Tech (688301 CH) saw 28 block trades worth 159.82mn at 110.04yuan per share, 11.52pct discount from last closing.

-Jovo Energy (605090 CH) saw 1 block trades worth 114.44mn at 25.43yuan per share, 4.40pct discount from last closing.

-Sungrow Power Supply (300274 CH) saw 1 block trades worth 425.25mn at 85.05yuan per share, 8.00pct discount 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 3.78% to closed at $71.04/b, December Brent contract down about 3.46% to closed at $74.78/b. INE crude oil active contract down about 3.71% to 540 yuan/b.

* Precious metals closed up, COMEX gold active contract up 0.52% and closed at $2679.4/oz. SHFE gold active contract up 1.06% to closed at 608.1 yuan/gram.

* Metals closed mixed, LME copper down 1.44%, LME zinc down 0.99%, LME nickel down 1.44%, LME aluminum down 0.87%, LME tin down 0.14%, LME lead up 0.65%, SHFE lead up 1.48%, SHFE zinc up 0.24%, SHFE tin up 1.02%, stainless steel up 0.14%, SHFE copper down 0.39%, SHFE nickel down 0.22%,SHFE aluminum down 0.27%, aluminum oxide down 0.31%.

* Commodity futures closed mixed, low sulfur fuel oil down 1.95%, fuel oil down 1.76%, PTA down 1.33%, polyester staple fiber down 1.25%, LPG down 1.15%, bitumen down 1.07%, glass up 3.78%, soda ash up 1.03%, coking coal down 1.48%, No.1 soybeans down 1.45%, rapeseed meal down 1.22%, rapeseed oil up 1.2%, RBD palm olein up 1.09%.

 

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