DZ20220215

 

*Key points

 

Financials

*MoF disclosed data of local bonds in Jan with newly arrived local government debt quota of cny 1.788tn in 2022 and special debt quota contributed cny 1.46tn, first official disclosure been made for record, 21st century economy reported.

*MoF and 2 other departments adjustment "zero tariff" policy on self-used production equipment in Hainan free trade port with policy effect further released, which 1) expand commodity scale of "zero tariff" with entertainment equipment added in; 2) expand scale of applicable entity with public hospitals and research institute allowed.

 

Industrial Economy

*Ministry of Transportation and 7 other departments jointly issued notice to enhance full-chain supervision on online reserved taxies with details optimized.

*As data shown by property agencies that deal price of more secondary housings trend toward reference price with avg price down by 20-30% for houses on heat, CCTV financial channel reported.

 

*Block Trade Info

*Discount

- Unisplendour Corporation (000938 CH) saw 2 block trade worth 130mn at 20.21/10.03 yuan per share, 0.98/6.76pct discount from last closing.

- ESUN Display (002751 CH) saw 1 block trade worth 100mn at 15.6yuan per share, 11.31pct discount from last closing.

- Eternal Asia Supply (002183 CH) saw 2 block trade worth 25mn at 5.04yuan per share, 9.03 discount from last closing.

- Wanfeng Auto (002085 CH) saw 1 block trade worth 49mn at 4.7 yuan per share, 5.62pct discount from last closing.

- Crystal-Optech (002273 CH) saw 2 block trade worth 262mn at 13.11yuan per share, 8.32pct discount from last closing.

- Semir Garment Co (002563 CH) saw 1 block trade worth 36mn at 6.71yuan per share, 10.17pct discount from last closing.

- Bank of Qingdao (002948 CH) saw 1 block trade worth 19mn at 3.85 yuan per share, 8.33pct discount from last closing.

 

Premium

- Ganfeng Lithium (002460 CH) saw 1 block trade worth 11mn at 138yuan per share, 1.1pct premium from last closing.

 

*Margin Trade

Total Margin Balance

1.6210 trillion

Total Short Selling Balance

94.9 billion

SH Margin Balance

0.8525 trillion

SH Short Selling Balance

61billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

601668

287mio

600010

5.02mio

600809

215mio

601198

2.43mio

601318

212mio

601818

1.07mio

601857

199mio

688126

1.05mio

601166

182mio

600111

0.78mio

SZ Margin Balance

0.7685 trillion

SZ Short Selling Balance

34.0billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

000932

260mio

300059

7.29mio

000768

202mio

000807

1.19mio

000002

178mio

000938

0.98mio

000776

171mio

002385

0.89mio

002400

145mio

002431

0.81mio

*Connection Trade

SH-HK Connection (bn cny)

SZ-HK Connection (bn cny)

Northbound Net Cash Flow

-1.4

Northbound Net Cash Flow

-2.4

Southbound Net Cash Flow

-2.5

Southbound Net Cash Flow

-0.1

Top 5 Northbound Inflow

Top 5 Northbound Outflow

Name

Market Value (mio cny)

‰ out of ttl share outstanding

Name

Market Value (mio cny)

‰ out of ttl share outstanding

600030

2054

7.03

300059

564

2.07

601888

587

1.33

300760

451

1.25

601012

333

0.94

002812

317

1.9

300750

267

0.27

601668

315

1.38

600887

179

0.76

601688

298

2.38

*Index Futures

Position of Top 20 members (Unit lots)

CSI 300 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IF2202

80,270

-8,433

36,318

-4,575

37,153

-5,067

IF2203

47,838

4,382

61,840

1,119

77,537

872

IF2206

12,743

-652

32,643

-457

40,830

217

IF2209

5,458

1,222

9,918

284

12,675

533

SSE 50 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IH2202

47,205

-3,195

23,268

-3,391

25,759

-4,990

IH2203

23,666

-4,627

32,362

-224

40,901

-205

IH2206

10,878

2,177

13,763

88

18,642

-162

CSI 500 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IC2202

67,436

968

48,803

-3,548

44,473

-1,999

IC2203

46,203

8,498

80,392

4,363

93,921

2,852

IC2206

14,893

789

66,038

959

81,197

1,080

IC2209

12,533

3,210

32,253

2,649

33,769

2,734

*Index Options

Position of Top 20 members (Unit lots)

CSI 300 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IO2202

170,284

3,756

63,106

-429

71,848

854

IO2203

52,688

15,815

47,516

2,598

51,241

3,781

*Treasury Futures

Position of Top 20 members (Unit lots)

2-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TS2203

25,711

-15,135

30,820

-273

32,498

-1,377

TS2206

9,970

-1,995

11,355

1,882

11,884

1,542

5-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TF2203

52,001

-36,198

43,717

-6,072

46,184

-6,264

TF2206

35,675

-18,908

53,270

5,773

54,731

6,199

10-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

T2203

98,807

-50,356

67,399

-7,249

70,012

-10,229

T2206

70,615

-5,028

63,332

11,271

71,602

12,118

*Night Session Commodities Market (As of 02:30 am)

Top 3 Gainers (Dominant Contract)

Product

Contract

Price

Change %

Trading Volume

Open Interests

Silver

AG2206

4,928.0

+1.76%

359,877

503,396

Stainless Steel

SS2203

18,750.0

+1.13%

33,412

51,409

Gold

AU2206

383.2

+1.02%

87,642

140,120

Top 3 Loser (Dominant Contract)

Product

Contract

Price

Change %

Trading Volume

Open Interests

Thermal Coal

ZC205

782.8

-5.57%

5,864

19,859

Iron Ore

I2205

735.0

-5.34%

419,569

604,069

TSR 20

NR2204

11,550.0

-3.14%

13,854

25,695

* Global oil prices mostly closed up with March contract of WTI rose by 1.8%, quoted at $94.78/barrel, new high since September 2014, and the April contract of Brent went up by 1.3%, closed at $95.67/barrel. According to Barclay, the estimated prices of 2022 Brent and WTI were both lifted up by $7 to $92/barrel and $89/barrel respectively.

* COMEX gold futures closed higher to $1,873.1 per ounce with a 1.68% increase, the new high since June 2021, COMEX silver futures settle at $23.865 per ounce with 2.12% increase. Comparing to previous trading day, the silver holding position of SPDR added 100.61 tons to 17,038.74 tons.

* For the night session on February 14, commodity market mostly closed down for black series leading the downside, thermal coal and black series both slumped more than 5%, steel rebar fell close to 2%, coke and coking coal both closed down slightly. Chemical and energy sector continued sluggish performance as TSR20 dropped by 3.14%, LPG and natural rubber shifted 2.99% and 2.53% lower respectively. In terms of agricultural products, soybean meal went down by 2.05%, No.2 soybean and rapeseed meal closed approximately 2% lower.

* LME metals closed mixed with LME copper fell slightly by 0.1% to $9,851/ton, LME zinc down by 1.39% to $3,576/ton, while LME nickel went up by 0.75% to $23,225 ton, LME aluminum up by 2.92% to $3,228/ton, LME tin shifted 0.3% lower to $43,420/ ton, while LME lead closed up with 0.66% increase at $2,294/ton.

 

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The report is issued by Orient Securities Co. LTD (Orient Securities) and Shanghai Orient Futures Co. LTD (Orient Futures) to institutional investors. Opinions expressed may differ from those of other divisions of Orient Securities, including Orient Securities Research Institute. Orient Securities may trade as principal in instruments identified herein and may accumulate/have accumulated a long or short position in instruments or derivatives thereof. Orient Securities has policies designed to negate conflicts of interest. This e-mail is not an official confirmation of terms and unless stated, is not a recommendation, offer or solicitation to buy or sell. Any prices or quotations contained herein are indicative only. Communications may be monitored.