DZ20240115

 

Data

*The increase in social financing scale in December was cny 1.94tn, an increase of cny 616.9bn from the same period last year. The increase in RMB loans in December was cny 1.17tn, a decrease of cny 240.1bn compared to the same period last year. M2 increased by 9.7% y/y, estimated at 10.1% y/y and the previous value was 10.0% y/y.

 

Industrial Economy

*MIIT and other three departments jointly issued the “Guidelines for the Construction of Blockchain and Distributed Accounting Technology Standard System”, which pointed out that by 2025, a standard system that supports the development of blockchain will initially form.

*Ministry of Transport: Strengthen the reserve of major railway, civil aviation and postal projects and strive to expand effective investment in transportation.

 

Financial

*General Administration for Financial Regulation issued a notice on strengthening financial services for technology-based enterprises throughout their entire life cycle, which pointed out to support the growth of technology-based enterprises in the start-up period, encourage banking institutions to increase credit loan investment on the basis of risk prevention and control.

*SZSE revised and released the “Implementation Measures for Self-Regulatory Measures and Disciplinary Actions”, further strengthening the supervision and creating a good ecology of the capital market.

 

Jan 12 Block Trade Info

*Discount

- Semitronix (301095 CH) saw 30 block trades worth 182.49mn at 63.70yuan per share, 6.99pct discount from last closing.

 

*Flat

- Zijin Mining (601899 CH) saw 1 block trades worth 140.30mn at 12.20yuan per share, flat from last closing.

- Wanhua Chemical (600309 CH) saw 1 block trades worth 141.68mn at 70.84yuan per share, flat from last closing.

- TCL Tech (000100 CH) saw 1 block trades worth 140.25mn at 4.25yuan per share, flat from last closing.

 

*Margin Trade SZ Margin Trade Not Released

Total Margin Balance

1.5699 trillion

Total Short Selling Balance

69.0 billion

SH Margin Balance

0.8237 trillion

SH Short Selling Balance

44.0 billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

603688

81.4mio

560010

9.4mio

601825

43.7mio

600010

4.1mio

601857

42.1mio

510500

2.7mio

688498

39.0mio

512800

2.6mio

605117

38.0mio

601058

2.6mio

SZ Margin Balance

0.7449 trillion

SZ Short Selling Balance

25.0 billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

000661

254mio

002506

3.2mio

000821

71.7mio

000982

2.0mio

002236

62.9mio

002607

1.6mio

300059

42.4mio

300059

1.5mio

002027

41.7mio

002250

1.3mio

 

*Connection Trade

SH-HK Connection (bn cny)

SZ-HK Connection (bn cny)

Northbound Net Cash Flow

+0.352

Northbound Net Cash Flow

-3.384

Southbound Net Cash Flow

+0.875

Southbound Net Cash Flow

+0.593

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

601288

273

0.21

600519

288

0.14

600438

201

1.77

300124

183

1.20

600309

174

0.78

002607

182

7.44

002230

159

1.68

601012

169

1.00

301236

149

3.23

600406

152

0.90

 

*Index Futures

Position of Top 20 members (Unit lots)

CSI 300 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IF2401

83,675

-16,515

64,425

-3,434

71,545

-3,632

IF2402

11,535

1,806

10,523

1,489

11,991

1,832

IF2403

32,693

-5,237

70,968

593

93,813

991

IF2406

14,425

-1,468

43,109

257

65,854

-123

SSE 50 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IH2401

48,548

-7,152

40,694

-4,011

47,740

-4,487

IH2403

18,930

-3,487

36,046

-74

49,434

118

IH2406

7,741

-844

17,846

15

27,594

120

CSI 500 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IC2401

71,069

-11,630

64,594

-3,312

61,749

-3,598

IC2402

14,180

990

18,592

1,817

17,750

1,582

IC2403

26,217

-4,227

83,469

-815

91,325

-567

IC2406

14,002

-2,944

70,345

-16

80,591

-108

CSI 1000 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IM2401

72,175

-20,037

48,246

-8,322

51,763

-9,031

IM2402

15,469

-3,832

16,674

948

17,144

693

IM2403

37,961

-10,521

73,883

-3,285

79,893

-2,671

IM2406

20,381

-3,432

58,253

276

66,882

403

 

*Index Options

Position of Top 20 members (Unit lots)

CSI 300 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IO2401

158816

-2512

65863

-2978

75782

-2336

IO2403

7154

-2773

35171

201

44211

195

CSI 1000 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

MO2401

173739

-40115

47756

-880

51717

-1862

MO2402

16910

-5057

20458

705

24085

860

MO2403

6211

-4529

26533

399

31705

224

MO2406

2452

-1288

16999

228

20798

269

MO2409

2401

-496

19772

90

21765

220

SSE50 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

HO2401

77602

-16069

40054

766

44976

-840

 

*Treasury Futures

Position of Top 20 members (Unit lots)

2-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TS2403

72,117

7,241

62,307

751

68,080

70

5-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TF2403

134,261

2,494

99,688

-5,536

106,728

-4,091

10-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

T2403

139,547

20,449

147,797

-4,520

151,789

-6,762

T2406

10,890

-1,408

18,029

571

17,679

370

30-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TL2403

64,546

20,064

36,761

-17

40,302

-580

 

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

Top 3 Gainers (Dominant Contract)

Product

Contract

Price

Change %

Trading Volume

Open Interests

Tin

SN2402

210,690.0

+2.03%

21,716

25,324

EG

EG2405

4,616.0

+1.74%

374,700

423,931

Low Sulfur Fuel Oil

LU2404

4,142.0

+1.69%

63,960

90,588

Top 3 Loser (Dominant Contract)

Product

Contract

Price

Change %

Trading Volume

Open Interests

Iron Ore

I2405

946.0

-1.82%

180,552

507,554

Soybean Meal

M2405

3,056.0

-1.36%

527,908

1,622,300

Lead

PB2402

16,240.0

-1.31%

21,890

26,101

 

* Commodities (night session):

* Global crude oil price closed up mostly. February NYMEX crude oil contract up 1.03% to closed at $72.76/b, March Brent contract up 1.25% to closed at $78.38/b. INE crude oil active contract down 0.55% to 562.1 yuan/b.

* Precious metals closed mixed, COMEX gold active contract up 1.7% and closed at $2053.6/oz. SHFE gold active contract up 0.64% and closed at 483.02 yuan/gram.

* Metals closed down mostly, LME nickel down 1.04%, LME aluminum down 0.87%, LME copper down 0.72%, LME tin up 0.82% on the contrast. SHFE lead down 1.31%, SHFE nickel down 0.45%. SHFE tin up 2.03% on the contrast.

* Commodity futures closed mixed, chemistry and energy products closed up mostly, MEG up 1.74%, low sulfur fuel oil up 1.69%, bitumen up 1.55%. Black series closed mixed, iron ore down 1.82%. Agricultural products performed mixed, soybean meal down 1.36%, No.2 soybeans down nearly 1%.

 

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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.