DZ20231025

 

International Relationship

*Wang Yi, member of the Political Bureau of the CPC Central Committee and Minister of Foreign Affairs will visit the United States from October 26th to 28th at the invitation of Secretary of State Blinken.

 

Financials

*China will issue an additional 1 trillion yuan of national bonds to support post-disaster recovery, reconstruction and improvement of disaster prevention, reduction and relief capabilities.

 

Industrial Economy

*The State Council Premier Li Qiang recently signed the “Regulations on Network Protection of Minors”, which will be implemented from January 1st, 2024.

*Shanghai issued the “Action Plan to Accelerate the Innovation of Synthetic Biology and Build a High-end Biotech Industry Cluster (2023-2025)”, proposing that by 2025, several internationally influential scientific research achievements, a group of leading enterprises and high-end talents will emerge to build a new development pattern with leading basic research and development, active innovation transformation, vigorous development of industrial entities and sound and complete industrial ecology.

*The 2nd Global Digital Trade Expo will be held from November 23rd to 27th in Hangzhou, with over 18 national digital trade leading enterprises have confirmed their participation, and 10 thematic forums will be held including digital finance, Silk Road e-commerce, and digital culture trade.

*The 2023 Steel Industry New Energy and Energy Storage Conference was held in Sichuan, which proposed to actively cultivate and expand the new energy and energy storage industry, and promote the rational layout of the industry and the coordinated development of upstream and downstream.

 

Oct 24 Block Trade Info

*Discount

- Hydsoft Tech (301316 CH) saw 3 block trades worth 122.86mn at 26.14yuan per share, 1.51pct discount from last closing.

 

*Flat

- PingAn Insurance (601318 CH) saw 1 block trades worth 67.77mn at 46.10yuan per share, flat from last closing.

- Moutai (600519 CH) saw 2 block trades worth 96.93mn at 1642.95yuan per share, flat from last closing.

- CATL (300750 CH) saw 2 block trades worth 89.12mn at 176.42yuan per share, flat from last closing.

- Risen Energy (300118 CH) saw 2 block trades worth 87.12mn at 17.54yuan per share, flat from last closing.

- Sinomine Resource (002738 CH) saw 4 block trades worth 72.49mn at 35.63yuan per share, flat from last closing.

- Focus Media (002027 CH) saw 1 block trades worth 85.98mn at 6.77yuan per share, flat from last closing.

- Zangge Mining (000408 CH) saw 2 block trades worth 233.28mn at 21.82yuan per share, flat from last closing.

 

*Margin Trade

Total Margin Balance

1.5384 trillion

Total Short Selling Balance

81.5 billion

SH Margin Balance

0.8129 trillion

SH Short Selling Balance

51.3 billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

603220

124mio

601099

9.2mio

601099

79.6mio

600010

7.9mio

600519

73.8mio

601162

6.6mio

601059

64.2mio

601881

3.2mio

600418

60.8mio

601006

3.1mio

SZ Margin Balance

0.7252 trillion

SZ Short Selling Balance

30.2 billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

300308

224mio

002670

3.5mio

300750

148mio

002230

1.8mio

300457

108mio

300136

1.2mio

300604

94.8mio

002602

1.2mio

000063

91.9mio

000100

1.2mio

 

*Connection Trade

SH-HK Connection (bn cny)

SZ-HK Connection (bn cny)

Northbound Net Cash Flow

-1.688

Northbound Net Cash Flow

-3.358

Southbound Net Cash Flow

+3.553

Southbound Net Cash Flow

-1.228

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

002371

272

2.14

600519

1128

0.55

300045

256

15.81

300750

970

1.22

601138

249

0.78

002594

900

1.29

601099

212

8.26

000858

544

0.98

000661

188

3.59

300308

413

5.47

 

*Index Futures

Position of Top 20 members (Unit lots)

CSI 300 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IF2311

110,620

11,334

69,820

3,910

82,037

3,934

IF2312

53,232

1,814

93,740

1,565

130,876

1,244

IF2403

11,904

-2,903

19,532

-202

25,903

-38

SSE 50 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IH2311

61,125

-1,893

35,701

-1,101

44,454

-617

IH2312

29,518

-1,476

42,952

-1,847

63,139

-1,909

IH2403

8,312

-918

8,012

-595

11,484

-483

CSI 500 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IC2311

78,156

-2,795

70,405

-3,721

68,973

-1,370

IC2312

37,958

-6,166

106,688

-1,109

114,309

-153

IC2403

20,878

-1,072

58,299

-2,695

66,908

-2,583

IC2406

15,376

3,846

10,079

4,121

11,040

4,578

CSI 1000 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IM2311

80,196

5,293

52,436

807

56,043

544

IM2312

39,405

2,806

78,027

-1

81,946

225

IM2403

20,498

1,298

40,571

-1,902

45,351

-2,011

IM2406

14,859

5,377

8,993

4,348

9,926

4,612

 

*Index Options

Position of Top 20 members (Unit lots)

CSI 300 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IO2311

156270

-10013

62578

3081

68157

3776

IO2312

27608

-3984

44650

2376

53222

2352

CSI 1000 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

MO2311

137586

6240

30213

1296

34449

1080

MO2312

28815

-917

27215

1621

31645

2023

SSE50 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

HO2311

66146

-13629

30171

1868

33038

2306

HO2312

11401

-3724

23530

258

26112

-43

 

*Treasury Futures

Position of Top 20 members (Unit lots)

2-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TS2312

88,401

-2,786

61,218

-837

64,707

-625

5-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TF2312

122,460

3,470

96,779

-831

96,284

-845

10-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

T2312

153,551

34,329

160,329

-503

153,560

-795

T2403

7,957

2,425

11,090

609

11,802

525

30-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TL2312

51,204

16,546

30,917

-115

32,691

148

 

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

Top 3 Gainers (Dominant Contract)

Product

Contract

Price

Change %

Trading Volume

Open Interests

Coke

J2401

2,432.0

+4.44%

26,764

44,877

Coking Coal

JM2401

1,776.0

+4.35%

92,499

167,859

Iron Ore

I2401

873.0

+3.44%

329,546

844,328

Top 3 Loser (Dominant Contract)

Product

Contract

Price

Change %

Trading Volume

Open Interests

Crude Oil

SC2312

664.0

-2.34%

155,392

32,642

Low Sulfur Fuel Oil

LU2401

4,534.0

-1.9%

94,330

123,983

LPG

PG2311

5,148.0

-1.81%

71,238

26,499

 

* Commodities (night session):

* Global crude oil price closed down collectively. December NYMEX crude oil contract down 2.11% to closed at $83.69/b, December Brent contract down 1.98% to closed at $88.05/b. INE crude oil active contract down 2.34% to 664.0 yuan/b.

* Precious metals closed down collectively. COMEX gold active contract down 0.29% and closed at $1982.1/oz. SHFE gold active contract down 0.23% and closed at 474.34 yuan/gram.

* Metals closed down up collectively, LME zinc up 1.59%, LME aluminum up 1.42%, LME tin up 1.33%, LME copper up 1.32%. SHFE aluminum up 1.09%, bonded copper up 0.95%, SHFE tin up 0.90%.

* Commodity futures closed up collectively. Chemistry and energy products closed up mostly, glass up 1.18%, methanol up 0.88%, low sulfur fuel oil down 1.9%, LPG down 1.81%. Black series closed up collectively, coke up 4.44%, coking coal up 4.35%, iron ore up 3.44%. Agricultural products closed mixed, rapeseed meal up 1.23%, cotton up 1.22%, sugar up 1.11%.

 

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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.