DZ20241017

 

Xi’s Emphasis

*Chairman Xi Jinping took an inspection in Fujian Province, who emphasized to seize the vitality of construction mechanism, optimize industry, enrich people, protect ecology, promote the deep integration of technological innovation and industrial innovation and cultivate and strengthen strategic emerging industries.

 

Financial

*State Council Premier Li Qiang attended Shanghai Cooperation Organization twenty-third meeting of the council of heads of state governments, who emphasized to deepen cooperation in poverty reduction, digital economy, green development and improve the convenience and interconnection level of regional trade and investment, prepare to build the SCO Development Bank.

*PBoC and Ministry of Science and Technology jointly issued the “Notice on Doing a Good Job in Scientific and Technological Financial Services in Key Areas”, which guide and promote scientific and technological financial services in densely populated areas such as Beijing, Yangtze River Delta, Guangdong-Hong Kong-Macao Greater Bay Area.

 

Industrial Economy

*Beijing compiled and publicly solicited opinions on the “Several Measures for Promoting High-Quality Development of Specialized and Special New Enterprises”, which mentions optimizing the renewal loan policy to meet the liquidity needs of specialized and special new enterprises that meet the conditions.

*MIIT and Ministry of Agriculture and Rural jointly held a national meeting to promote the improvement of agricultural machinery and equipment shortcomings and high-quality development.

*MoF and 7 other departments jointly issued a notice on strengthening the supervision and management of the recycling of scrapped motor vehicles.

*MoF: The number of applications and purchases for trade-in home appliances nationwide has exceeded 20mio and 10mio respectively after MoF issued the notice on “Further Doing a Good Job in Home Appliance Exchange” and provide subsidies for consumers to purchase 8 types of home appliance products with energy efficiency or water efficiency standards of level 2 or above.

 

Oct 16 Block Trade Info

*Discount

-Breo Tech (688793 CH) saw 3 block trades worth 89.21mn at 31.88yuan per share, 7.99pct discount from last closing.

-Allist Pharma (688578 CH) saw 9 block trades worth 65.43mn at 46.50yuan per share, 8.08pct discount from last closing.

-Huatie Emergency (603300 CH) saw 1 block trades worth 147.24mn at 4.70yuan per share, 5.05pct 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 mixed. November NYMEX crude oil contract up about 0.18% to closed at $70.71/b, December Brent contract up about 0.35% to closed at $74.51/b. INE crude oil active contract down about 0.7% to 535.7 yuan/b.

* Precious metals closed up, COMEX gold active contract up 0.43% and closed at $2690.4/oz. SHFE gold active contract up 0.79% to closed at 612.3 yuan/gram.

* Metals closed up mostly, LME copper up 0.63%, LME zinc up 0.29%, LME nickel down 0.28%, LME aluminum up 0.66%, LME tin down 1.08%, LME lead up 0.29%, aluminum oxide up 0.77%,SHFE aluminum up 0.51%, SHFE copper up 0.39%, SHFE zinc up 0.28%, SHFE lead down 0.18%, SHFE tin down 0.94%, stainless steel up 0.25%, SHFE nickel down 0.01%.

* Commodity futures closed mixed, soda ash down 1.53%, polyester staple fiber down 1.38%, PVC down 1.37%, bleached softwood kraft pulp down 1.23%, EG down 1.09%, PTA down 1.07%, coking coal down 1.06%.

 

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