DZ20220308
*Key points
Financials
*The alert of margin trade and short sell remains at normal level as of market closing on March 7th, according to a few securities companies been surveyed.
*Foreign exchange trading center: spot trading by foreign institutional investors in Feb of cny 1.03tn, down 28% m/m and trading vol accounts for 6% of avg level. Besides, net purchase of bonds by foreign institutional investors of cny 15.5bn in Feb.
*Analysis of operation situation of securities companies in 2021 been issued by SAC which suggests scale of proprietary trading has reached cny 4.81tn as of end 2021, up 26% y/y, Securities Journal reported.
Co Focus
*Longi suggested during institutional investigation that price of silicon to steadily enter price reduction channel as capacity expansion of major plants launched into production since Q42021, Securities Journal reported.
*Longi further adjusted up price of monocrystalline Wafer by 3.08% on P type.
*Block Trade Info
*Discount
- China Shenhua (601088 CH) saw 3 block trades worth 18mn at 27 yuan per share, 0.18pct discount from last closing.
- China Gold (601088 CH) saw 3 block trades worth 41mn at 12.65 yuan per share, 5.64pct discount from last closing.
- China Chemical(601117 CH) saw 4 block trades worth 129mn at 9.47yuan per share, -0.13pct discount from last closing.
- Sg Micro Corp (300661 CH) saw 35 block trades worth 632mn at 301.31yuan per share, 5.1 discount from last closing.
- Yahua Industrial (002497 CH) saw 1 block trade worth 90mn at 29.87yuan per share, 9.46pct discount from last closing.
*Flat
- China Duty Free (601888 CH) saw 1 block trades worth 10mn at 188.28 yuan per share, 0.00pct discount from last closing.
- Rongsheng Petrochemical (003493 CH) saw 7 block trades worth 24mn at 14.86yuan per share, 0.00pct discount from last closing.
*Premium
- Zhefu Holding (002266 CH) saw 1 block trade worth 90mn at 6.2 yuan per share, 2.31pct premium from last closing.
*Margin Trade
|
Total Margin Balance |
1.6314 trillion |
Total Short Selling Balance |
92.6 billion |
|
SH Margin Balance |
0.8593 trillion |
SH Short Selling Balance |
60.5 billion |
|
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
|
600519 |
676mio |
688223 |
90.2mio |
|
601888 |
453mio |
600031 |
78.25mio |
|
688281 |
221mio |
600157 |
51.5mio |
|
600111 |
167mio |
601668 |
26.6mio |
|
600030 |
163mio |
600900 |
24.5mio |
|
SZ Margin Balance |
0.7721 trillion |
SZ Short Selling Balance |
32 billion |
|
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
|
000858 |
128mio |
000630 |
2.98mio |
|
002176 |
117mio |
000552 |
1.21mio |
|
002497 |
98.76mio |
002500 |
1.17mio |
|
000825 |
86.42mio |
301015 |
1.17mio |
|
002537 |
77.68mio |
002939 |
1.06mio |
*Connection Trade
|
SH-HK Connection (bn cny) |
SZ-HK Connection (bn cny) |
||||
|
Northbound Net Cash Flow |
-5.3 |
Northbound Net Cash Flow |
-3.0 |
||
|
Southbound Net Cash Flow |
+2.2 |
Southbound Net Cash Flow |
+3.3 |
||
|
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 |
|
300274 |
546 |
4.09 |
300750 |
1300 |
1.3 |
|
601899 |
330 |
1.39 |
000858 |
934 |
1.36 |
|
600900 |
296 |
0.54 |
601318 |
834 |
1.54 |
|
000568 |
263 |
0.88 |
601888 |
743 |
1.89 |
|
603259 |
248 |
0.96 |
600036 |
724 |
0.72 |
*Index Futures
|
Position of Top 20 members (Unit lots) |
||||||
|
CSI 300 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IF2203 |
114,759 |
16,862 |
79,069 |
468 |
91,655 |
-2,092 |
|
IF2204 |
12,299 |
4,189 |
12,236 |
2,424 |
12,120 |
2,135 |
|
IF2206 |
33,966 |
12,043 |
41,390 |
1,654 |
51,647 |
755 |
|
IF2209 |
12,350 |
5,575 |
15,868 |
1,493 |
20,395 |
1,913 |
|
SSE 50 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IH2203 |
64,088 |
8,233 |
41,806 |
167 |
45,908 |
-458 |
|
IH2206 |
16,422 |
3,689 |
17,739 |
391 |
24,402 |
649 |
|
IH2209 |
7,458 |
2,188 |
10,083 |
699 |
14,617 |
1,577 |
|
CSI 500 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IC2203 |
96,597 |
8,459 |
89,119 |
-1,707 |
92,836 |
-2,953 |
|
IC2204 |
13,865 |
5,516 |
16,254 |
3,638 |
16,213 |
3,924 |
|
IC2206 |
25,022 |
3,927 |
76,021 |
-303 |
89,537 |
706 |
|
IC2209 |
16,124 |
5,365 |
53,396 |
2,206 |
57,555 |
1,809 |
*Index Options
|
Position of Top 20 members (Unit lots) |
||||||
|
CSI 300 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IO2203 |
231157 |
67308 |
80485 |
-196 |
92109 |
3444 |
*Treasury Futures
|
Position of Top 20 members (Unit lots) |
||||||
|
2-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
TS2203 |
0 |
0 |
2,161 |
0 |
2,161 |
0 |
|
TS2206 |
36,540 |
-7,237 |
30,502 |
1,005 |
32,077 |
566 |
|
5-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
TF2203 |
250 |
100 |
2,761 |
5 |
2,761 |
5 |
|
TF2206 |
91,825 |
8,876 |
81,773 |
1,479 |
83,832 |
1,761 |
|
10-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
T2203 |
370 |
132 |
2,289 |
-3 |
2,289 |
-3 |
|
T2206 |
164,658 |
27,898 |
136,498 |
3,263 |
137,776 |
366 |
*Night Session Commodities Market (As of 02:30 am)
|
Top 3 Gainers (Dominant Contract) |
|||||
|
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
|
Nickel |
ni2204 |
228,810.0 |
+15% |
13,577 |
147,747 |
|
Stainless Steel |
ss2204 |
21,675.0 |
+9.72% |
261,388 |
45,478 |
|
Crude Oil |
sc2204 |
773.0 |
+8.52% |
173,005 |
39,469 |
|
Top 3 Loser (Dominant Contract) |
|||||
|
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
|
Soda Ash |
sa205 |
2,638.0 |
-4.77% |
789,179 |
367,194 |
|
Aluminum |
al2204 |
22,700.0 |
-4.74% |
351,092 |
203,842 |
|
Bonded Copper |
bc2205 |
65,310.0 |
-3.24% |
12,826 |
13,403 |
Commodities (night session):
* The possible sanction on Russia’s crude oil export drove global crude oil price higher. April NYMEX crude oil contract up 4.01% to closed at $120.32/b, the highest since 2008, May Brent contract up 5.07% to closed at $124.1/b. INE crude oil active contract up 8.52% to closed at 773 yuan/b.
* COMEX gold active contract closed at $2001.8/oz (up 1.79%), the highest since Aug, 2020, SHFE gold active contract closed at 403.82 yuan/gram (up 0.8%).
* Metals performed mixed. LME nickel surged strongly by 74.28%, aluminum down 2.62%, copper down 3.1%. SHFE nickel soared 15.00%, aluminum down 4.74%, copper down 2.29%, bonded copper down 3.24%.
* Commodity futures performed mixed, Energy & chemistry futures saw diverge performance, fuel oil rose 5.97%, bitumen rose 4.98%. Black series mostly closed up, thermal coal up 2.53%, coking coal up 1.41%. Agriculture futures performed mixed as well, soybean meal rose 1.75%, rapeseed meal rose 1.44%.
DISCLAIMER
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.
