DZ20211028
*Key points
Macro:
*The executive meeting of the State Council proposed to deploy phased tax deferment measures for small, medium-sized and micro enterprises in the manufacturing industry. In addition, in order to alleviate the operating difficulties of coal-fired power and heating enterprises, the tax deferment for the fourth quarter of this year was implemented
Financial:
*Premier Li Keqiang presided over the executive meeting of the State Council, which decided to extend the preferential tax policies for foreign investors to invest in the domestic bond market, promote opening to the outside world and attract foreign investment
Industrial:
*NDRC held a special meeting to study the specific measures of coal price intervention.
*NDRC and State Administration for Market Regulation jointly carried out special supervision on coal spot market prices and severely investigated and dealt with violations of laws and regulations.
*Block Trade Info
*Discount
-China Northern Rare Earth (600111,CH) saww 6 block trade worth 225.77 mn at 51.00 yuan per share, 6.01 discount from last closing.
-Bank of Jiangsu (600919,CH) saw 1 block trade worth 13.24 mn at 6.23 yuan per share, 1.74 discount from last closing.
-Midea Group (000333,CH) saw 7 block trade worth 77.07 mn at 67.00 yuan per share, 0.01 discount from last closing.
*Flat
-PIEN TZE HUANG (600436,CH) saw 1 block trade worth 17.75 mn at 414.98 yuan per share, flat from last closing.
-Goldwind Science&Technology (002202,CH) saw 2 block trade worth 135.71 mn at 18.34 yuan per share, flat from last closing.
*Margin Trade
|
Total Margin Balance |
1.7096trillion |
Total Short Selling Balance |
158.9billion |
|
SH Margin Balance |
0.9107 trillion |
SH Short Selling Balance |
99.4 billion |
|
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
|
600519 |
455mio |
601669 |
2.57mio |
|
600905 |
449mio |
600497 |
2.06mio |
|
600089 |
325mio |
600016 |
1.88mio |
|
603259 |
263mio |
601988 |
1.86mio |
|
688396 |
204mio |
600795 |
1.23mio |
|
SZ Margin Balance |
0.7990trillion |
SZ Short Selling Balance |
59.4billion |
|
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
|
000537 |
230mio |
002610 |
16.9mio |
|
300207 |
164mio |
002124 |
2.57mio |
|
002497 |
163mio |
000630 |
1.89mio |
|
000009 |
149mio |
002505 |
1.49mio |
|
002230 |
127mio |
000651 |
1.37mio |
*Connection Trade
|
SH-HK Connection (bn cny) |
SZ-HK Connection (bn cny) |
||||
|
Northbound Net Cash Flow |
0.84 |
Northbound Net Cash Flow |
-3.88 |
||
|
Southbound Net Cash Flow |
-0.93 |
Southbound Net Cash Flow |
-1.28 |
||
|
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 |
|
601012 |
407 |
0.87 |
002709 |
656 |
4.58 |
|
600036 |
276 |
1.08 |
002460 |
430 |
1.73 |
|
600036 |
265 |
0.19 |
300014 |
267 |
1.21 |
|
601615 |
209 |
3.79 |
002202 |
246 |
3.49 |
|
600900 |
193 |
0.49 |
300037 |
226 |
3.83 |
*Index Futures
|
Position of Top 20 members (Unit lots) |
||||||
|
CSI 300 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IF2111 |
88,096 |
7,103 |
45,326 |
-220 |
49,672 |
278 |
|
IF2112 |
31,874 |
1,315 |
53,470 |
-870 |
66,944 |
-528 |
|
IF2203 |
8,863 |
569 |
28,645 |
212 |
28,220 |
226 |
|
SSE 50 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IH2111 |
55,606 |
-2,677 |
31,612 |
-379 |
34,386 |
-1,757 |
|
IH2112 |
22,621 |
1,351 |
28,843 |
-135 |
36,504 |
374 |
|
IH2203 |
6,720 |
193 |
9,100 |
104 |
11,815 |
222 |
|
CSI 500 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IC2111 |
62,950 |
-550 |
55,083 |
-868 |
57,323 |
82 |
|
IC2112 |
25,452 |
876 |
72,032 |
105 |
83,035 |
-72 |
|
IC2203 |
10,676 |
-2,026 |
57,351 |
82 |
64,516 |
-266 |
|
IC2206 |
6540 |
619 |
9050 |
942 |
9402 |
1027 |
*Index Options
|
Position of Top 20 members (Unit lots) |
||||||
|
CSI 300 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IO2111 |
139114 |
18245 |
61203 |
2099 |
63050 |
3876 |
|
IO2112 |
27211 |
10321 |
30217 |
772 |
32606 |
785 |
*Treasury Futures
|
Position of Top 20 members (Unit lots) |
||||||
|
2-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
TS2112 |
20,832 |
810 |
21,166 |
271 |
23,599 |
387 |
|
5-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
TF2112 |
41,534 |
6,729 |
66,200 |
2,056 |
64,694 |
2,461 |
|
10-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
T2112 |
79,058 |
-5,809 |
117,680 |
-2,142 |
118,096 |
-2,395 |
|
T2203 |
4,114 |
-920 |
12,995 |
361 |
13,977 |
338 |
*Night Session Commodities Market (As of 02:30 am)
|
Top 3 Gainers (Dominant Contract) |
|||||
|
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
|
Rapeseed Meal |
rm201 |
2,659.0 |
+1.96% |
579,823 |
398,941 |
|
Natural Rubber |
ru2201 |
15,045.0 |
+0.87% |
289,101 |
175,327 |
|
No.2 Soybeans |
b2112 |
4,434.0 |
+0.84% |
21,806 |
15,315 |
|
Top 3 Loser (Dominant Contract) |
|||||
|
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
|
Thermal Coal |
zc201 |
1,033.8 |
-13.01% |
14,519 |
36,644 |
|
Coke |
j2201 |
3,201.0 |
-12% |
3,765 |
64,990 |
|
Coking Coal |
jm2201 |
2,503.0 |
-11.99% |
5,119 |
71,718 |
Commodities (night session):
* EIA: as of the week of October 22, 2021, US crude oil reserve increased by 4268 thousand barrels, more than expectation. Global crude oil price fell collectively. December NYMEX crude oil contract fell 3.05% to closed at $82.07/b. December Brent contract declined 2.64% to closed at $83.39/b, INE crude oil active contract quoted 1.56% lower to closed at 523.4 yuan/b.
* The fall of global bond yield led to concerns over economic growth. COMEX gold futures closed at $1798.3/oz (up 0.27%), COMEX silver futures closed at $24.125/oz (up 0.15%). SHFE gold active contract closed at 370.52 yuan/gram (up 0.54%), silver closed at 4935 yuan/Kilogram (up 0.37%).
* Metals closed down collectively. LME aluminum slumped 5.78% to $2665.5/ton, tin fell 6.99% to $34805/ton, copper declined 2.2% to $9573.5 /ton, zinc fell 2.44% to $3341.5/ton. SHFE tin plummeted 8.00% to 258370 yuan/ton, aluminum down 6.33% to 19465 yuan/ton, copper down 1.88% to 70110 yuan/ton, bonded copper down 2.07% to 62320 yuan/ton.
* NDRC called meeting with China National Coal Association and some of the key enterprises to discuss the interference measures on coal price, black series futures fell collectively, with thermal coal, coke and coking coal all slumped to lower price limit, hot-rolled coil down 5.07%, steel rebar down 3.92%.
* Energy & chemistry sector saw weak performance, methanol plummeted 10.92%, glass went down 6.15%. Agriculture commodity futures saw diverge performance, RBD palm olein declined 0.98%, soybean oil down 1.05%, rapeseed meal up 1.96%.
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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.
