DZ20230420

 

Financials

*SASAC said to improve self-dependence of technology with breakthrough of core technical difficulties to be accelerated and ability of self-innovation to be enhanced. Development of strategic emerging industries was emphasized with construction of modern industrial system to be push forward and new round of state-owned reform implemented.

 

Industrial Economy

*China has achieved key technical breakthrough on R&D of 6G telecom, Global Times reported.

*Shanghai Municipal Commission of Economy and Informatization issued notice on unified management of computing power, aiming to build up advanced bearer network with improving network capacity.

 

Data

*As of April 19, 161 listed companies have disclosed 23Q1 earning reports and realized total net profit of cny 27.4bn, up 3% y/y with 111 of which saw growth gains y/y, accounting for 70%, according to Wind.

*CPCA: retail sales of NEV during April 1-16 reached 223k units, up 89% y/y and 12% m/m.

 

*Apr 19th Block Trade

*Block Trade Info

*Discount

- Ja Solar Tech (002459 CH) saw 2 block trades worth 30mn at 54.63 yuan per share, 5.01 discount from last closing.

- Focuslight Tech(688167 CH)saw 4 block trades worth 54mn at 125yuan per share, 8.27 discount from last closing.

 

*Flat

- Offcn Education Tech (002607 CH) saw 7 block trades worth 225mn at 4.6 yuan per share, 0.00 discount from last closing.

- Kweichow Moutai Co. (600519 CH)saw 4 block trades worth 61mn at 1759 yuan per share, 0.00 discount from last closing.

- Goertek Inc.(002241 CH) saw 2 block trades worth 22mn at 19.79 yuan per share, 0.00 discount from last closing.

- Aier Eye Hospital (300015 CH) saw 1 block trade worth 33mn at 30.78 yuan per share, 0.00 discount from last closing.

- Forever Tech (300365 CH) saw 3 block trades worth 52mn at 8.00 yuan per share, 3.03 discount from last closing.

 

*Margin Trade

Total Margin Balance

1.5454 trillion

Total Short Selling Balance

98.7billion

SH Margin Balance

0.8053 trillion

SH Short Selling Balance

63 .5 billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

600372

324mio

600919

15.26mio

601012

159mio

600745

12.47mio

688981

134mio

600667

4.01mio

688256

132mio

600155

3.62mio

601858

89mio

600905

2.55mio

SZ Margin Balance

0.7400 trillion

SZ Short Selling Balance

35.2 billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

300308

277mio

002195

2.49mio

000002

172mio

300058

1.18mio

002261

168mio

300182

0.97mio

000063

125mio

000060

0.96mio

000938

121mio

300017

0.83mio

 

*Connection Trade

 

SH-HK Connection (bn cny)

SZ-HK Connection (bn cny)

Northbound Net Cash Flow

+0.6

Northbound Net Cash Flow

-1.5

Southbound Net Cash Flow

+1.5

Southbound Net Cash Flow

+1.5

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

601919

353

2.39

002371

616

3.62

603019

303

4.36

601012

509

1.68

603259

287

1.39

600050

353

1.88

300760

284

0.74

688063

320

14.27

600547

270

2.78

002230

271

2.13

 

*Index Futures

 

Position of Top 20 members (Unit lots)

CSI 300 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IF2304

57,915

-3,762

29,305

-3,792

30,521

-4,717

IF2305

29,985

7,218

22,744

6,745

24,866

7,521

IF2306

24,588

-881

63,257

1,782

75,758

1,594

IF2309

6,835

-195

29,810

23

40,694

-58

SSE 50 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IH2304

39,238

-10,394

22,553

-4,231

25,210

-4,727

IH2305

20,116

2,762

14,318

3,061

15,397

2,798

IH2306

19,100

-6,394

35,496

371

46,217

748

IH2309

6,262

-1,858

17,153

56

27,177

277

CSI 500 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IC2304

50,367

-4,164

30,034

-8,125

28,052

-8,068

IC2305

31,590

10,524

32,347

9,982

30,083

9,695

IC2306

21,617

-1,782

85,619

1,461

93,788

614

IC2309

7,302

-1,763

75,498

90

78,835

60

CSI 1000 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IM2304

36,679

-5,351

18,123

-4,971

17,696

-5,198

IM2305

21,138

7,738

18,593

5,465

18,991

5,659

IM2306

16,894

-1,164

46,755

267

52,953

-190

IM2309

7,522

-570

36,273

12

40,775

46

 

*Index Options

 

Position of Top 20 members (Unit lots)

CSI 300 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IO2304

95932

-2956

37213

-2732

42725

-2730

IO2305

26444

3479

23255

1869

24190

1686

CSI 1000 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

MO2304

85720

2227

28384

-435

33321

-1521

MO2305

23333

23333

17837

17837

19634

19634

MO2306

6682

955

18014

787

20251

961

SSE50 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

HO2304

61308

-10168

20301

-873

24448

-1834

 

*Treasury Futures

Position of Top 20 members (Unit lots)

2-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TS2306

32,183

-13,392

51,704

312

57,196

1,564

5-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TF2306

75,851

-7,475

87,286

-972

88,385

621

10-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

T2306

88,191

-27,176

159,145

615

151,274

1,111

T2309

8,854

-3,386

19,052

1,053

21,277

731

 

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

Top 3 Gainers (Dominant Contract)

Product

Contract

Price

Change %

Trading Volume

Open Interests

Silver

AG2306

5,667.0

+0.62%

520,204

594,490

Aluminum

AL2306

19,095.0

+0.45%

89,731

259,964

Glass

FG309

1,788.0

+0.11%

565,021

1,187,036

Top 3 Loser (Dominant Contract)

Product

Contract

Price

Change %

Trading Volume

Open Interests

Soda Ash

SA309

2,247.0

-4.87%

1,119,891

855,218

Coking Coal

JM2309

1,546.0

-3.07%

33,272

70,844

Coke

J2309

2,332.0

-2.61%

16,182

38,030

 

* Commodities (night session):

* Global crude oil prices closed down collectively. June NYMEX crude oil contract down 2.34% to closed at $79.01/b, June Brent contract down 2.19% to closed at $82.91/b. INE crude oil active contract down 2.19% to 570.5 yuan/b.

* Precious metals closed down collectively. COMEX gold contract down 0.61% to closed at $2007.4/oz. SHFE gold active contract down 0.27% to closed at 443.96 yuan/gram.

* Metals closed mixed, LME tin down 2.83%, LME zinc down 2.77%, LME aluminum up 0.53%. SHFE zinc down 1.21%, SHFE tin down 0.65%, SHFE aluminum up 0.45%.

* Commodity futures closed down collectively, energy & chemistry futures saw weak performance, soda ash down 4.87%, PTA down 1.55%, polyester fiber down 1.31%. Black series closed down collectively, coking coal down 3.07%, coke down 2.61%, iron ore down 1.41%. Agricultural products closed down mostly, soybean meal down 1.67%, No.2 soybeans down 1.61%, No.1 soybeans down 1.16%.

 

 

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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.