DZ20211104

*Key points

Macro

*Premier Li Keqiang said to accelerate breakthrough on core technology with major tech projects to be promoted and more preferential stimulating policies will be formulated.

Financials

*The first batch of 4 MSCI China A50 ETF products will be officially listed on Nov 8th with total scale over cny 26bn.

*Senior board member of FTSE Russell suggest to include 50 Chinese government bonds in WGBI, in total of cny 10tn and to raise the weighting to 5.97% with further room up.

Industrial Economy

*Officer in National Food and Strategic Reserves Administration said the bumper harvest is insight with capacity to maintain above 1.3tn jin for 7 consecutive years and inventory currently at historical high record to ensure market supply.

*NDRC emphasized the importance of long-term coal contract as ballast for market stabilization and security of power and heat supply with supervision to be strengthened.

Co Focus

*Longi responded saying normal products delivery to the U.S. market with no significant negative impact from WRO and the component detained by 40.31MW accounts for 1.59% of total sales to the U.S. in 2020.

 

*Block Trade Info

*Discount

-SAIC Motor (600104 CH) saw 2 block trade worth 869mn at 19.58yuan per share, 3.02pct discount from last closing.

-Archermind Tech (300598 CH) saw 2 block trade worth 23mn at 70.95yuan per share, 14.57pct discount from last closing.

-Jingjia Microelectronics (300474 CH) saw 3 block trade worth 117.8mn at 134.33yuan per share, 9.22pct discount from last closing.

-Inovance Tech (300124 CH) saw 2 block trade worth 40mn at 60.58yuan per share, 9.05pct discount from last closing.

-Beimo High-tech (002985 CH) saw 4 block trade worth 171mn at 103.96yuan per share, 5.99pct discount from last closing.

*Flat

-Will (603501 CH) saw 2 block trade worth 35.6mn at 278.5yuan per share, flat from last closing.

-Yili (600887 CH) saw 3 block trade worth 46.4mn at 41.81yuan per share, flat from last closing.

-Moutai (600519 CH) saw 4 block trade worth 104.8mn at 1765yuan per share, flat from last closing.

-Luxshare (002475 CH) saw 3 block trade worth 50.5mn at 39.78yuan per share, flat from last closing.

-Hikvision (002415 CH) saw 3 block trade worth 72.6mn at 50.95yuan per share, flat from last closing.

-Media (000333 CH) saw 3 block trade worth 60mn at 69.32yuan per share, flat from last closing.

*Margin Trade

Total Margin Balance

1.6928trillion

Total Short Selling Balance

146.8billion

SH Margin Balance

0.9001trillion

SH Short Selling Balance

91.8billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

600111

252mio

688538

2.8mio

600522

133mio

601985

2.4mio

601012

132mio

601162

2.0mio

600905

121mio

601398

2.0mio

600703

95mio

600219

1.6mio

SZ Margin Balance

0.7927trillion

SZ Short Selling Balance

54.9billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

002460

278mio

301089

1.9mio

002074

175mio

300017

1.9mio

002326

143mio

300088

1.7mio

002466

129mio

300207

1.7mio

300118

99mio

000100

1.2mio

*Connection Trade

SH-HK Connection (bn cny)

SZ-HK Connection (bn cny)

Northbound Net Cash Flow

- 0.61

Northbound Net Cash Flow

1.34

Southbound Net Cash Flow

- 1.35

Southbound Net Cash Flow

0.58

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

600887

637

2.44

601012

1586

2.93

600522

592

15.79

600519

455

0.20

601888

517

1.19

300760

368

0.81

300750

291

0.19

600460

358

4.01

000725

234

1.25

300782

341

3.25

*Index Futures

Position of Top 20 members (Unit lots)

CSI 300 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IF2111

79,852

-21,352

48,078

-4,489

49,553

-4,966

IF2112

28,150

-11,783

52,704

-1,866

64,830

-2,110

IF2203

9,477

-1,631

32,535

456

34,292

795

SSE 50 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IH2111

51,130

-18,192

34,481

-2,424

36,266

-2,130

IH2112

20,165

-7,287

28,273

-1,912

36,322

-1,456

IH2203

6,121

-2,605

9,754

18

13,129

48

CSI 500 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IC2111

75,136

-3,518

58,459

-869

60,602

210

IC2112

32,950

-3,875

77,353

966

85,836

883

IC2203

11,227

-2,189

58,377

391

66,307

644

IC2206

8,256

93

13,598

596

14,574

962

*Index Options

Position of Top 20 members (Unit lots)

CSI 300 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IO2111

135157

-64970

68061

1436

72349

2485

IO2112

21414

-14697

35378

481

37483

301

*Treasury Futures

Position of Top 20 members (Unit lots)

2-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TS2112

30,635

8,692

20,803

937

23,356

642

5-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TF2112

49,319

828

64,159

-706

63,343

-430

10-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

T2112

92,059

-29,573

111,175

-1,977

110,960

-1,667

T2203

13,615

221

21,953

2,140

23,218

2,195

 

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

Top 3 Gainers (Dominant Contract)

Product

Contract

Price

Change %

Trading Volume

Open Interests

Soda Ash

sa201

2,725.0

+3.69%

555,411

331,783

Coking Coal

jm2201

2,411.0

+2.92%

28,750

41,456

Tin

sn2112

275,570.0

+0.79%

41,226

35,716

Top 3 Loser (Dominant Contract)

Product

Contract

Price

Change %

Trading Volume

Open Interests

Bitumen

bu2112

3,124.0

-4.52%

239,907

203,697

EG

eg2201

5,502.0

-3.81%

325,677

175,126

PVC

v2201

8,404.0

-3.73%

801,162

338,183

 

Commodities (night session):

* EIA: as of the week of Oct 29, the US crude oil reserve increased by 3290 thousand barrels, greater than market anticipation of 2250 thousand barrels. Besides, Iran claimed to resume nuclear talks in the end of Nov, the reach of deal may be seen as the first step of the relief of oil sanction. Global crude oil price fell collectively. December NYMEX crude oil contract down 5% to closed at $79.76/b. December Brent contract down 4.2% to closed at $81.16/b, INE crude oil active contract quoted 2.52% lower to closed at 513.5 yuan/b.

* US ADP employment increased by 571 thousand in Oct, better than market expectation, global gold price fell collectively. COMEX gold futures closed at $1770.1/oz (down 1.08%). SHFE gold active contract closed at 365.44 yuan/gram (down 1.07%).

* Metals mostly closed down. LME aluminum down 0.82%, copper down 0.82%, tin up 1.11%. SHFE aluminum down 1.24%, copper sown 0.99%, bonded copper down 0.80%, tin up 0.79%.

* Commodity futures saw diverge performance. Energy & chemistry sector performed weak, with bitumen down 4.52%, EG down 3.81%, PVC down 3.73%. Black series mostly closed down, iron ore declined 2.41%, thermal coal went down 1.48%, whereas coking coal rose 2.92%. Agriculture commodity futures performed mixed, No.1 Soybeans went up 0.79%, rapeseed meal rose 0.59%, No.2 Soybeans down 0.61%

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