DZ202111108

*Key points

International Relationship

*China has submitted approval letter to the ASEAN Secretary-General and RCEP to take effect from Jan 1st 2022.

Financial News

*The China Securities Association issued notice to the brokerages on "quantitative trading data reporting” which required brokers to submit related data information on a monthly basis, including proprietary and asset management businesses.

Industrial Economy

*The sixth batch of the National Organization's Drug Centralized Belt Procurement (Insulin Special) is being carried out and to open on Nov 26th.

*The Central Committee and the State Council issued opinions on the in-depth fight against pollution. The opinion points out that the relationship between carbon reduction and energy security, supply chain security, food security and normal life of the masses should be handled well, and the goal of national independent contribution to combating climate change by 2030 should be implemented, with the focus on energy, industry, urban and rural construction, transportation and other fields as well as steel, non-ferrous metals, building materials, petrochemicals and other industries to carry out in-depth carbon peak action.

*Under the premise of national unified planning, support qualified local and key industries and enterprises to take the lead in reaching the peak. A total co-ordinated control system for CO2 emissions will be set up and the national carbon emissions trading market to be optimized and to integrate into the national unified public resources trading platform. A national climate change adaptation strategy 2035 will be formulated.

*Guo Shougang, Deputy Director of the Equipment Industry Division of the MIIT, said at the "China Automotive Industry Development Forum" held on Nov 7th during the 4th Expo that a series of policy initiatives to accelerate the development of new energy vehicles will be under research to improve the technical standards of NEV safety, strengthen the intelligent network car data security, network security and software upgrade filing management. The construction of power-up infrastructure will be speed up and the level of connectivity to be improved.

*MIIT has released the NEV list from exemption of car purchase tax with 3 BYD types included.

*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

*Block Trade Info

*Discount

-Changan Automobile (000625,CH) saw 2 block trade worth 18.74 mn at 18.74 yuan per share, 9.90 discount from last closing.

-Inovance Tech (300124,CH) saw 1 block trade worth 12.34 mn at 62.68 yuan per share, 7.99 discount from last closing.

-JCET (600584,CH) saw 1 block trade worth 11.32 mn at 29.80 yuan per share, 7.51 discount from last closing.

-Yanghe Brewery (002034,CH) saw 4 block trade worth 1561.95 mn at 175.50 yuan per share, 5.39 discount from last closing.

-TF Securities (601162,CH) saw 2 block trade worth 133.69 mn at 3.83 yuan per share, 1.83 discount from last closing.

-SMIC (688981,CH) saw 4 block trade at 67.48 mn at 56.24 yuan per share, 1.80 discount from last closing.

-Hengrui Pharmaceuticals (600276,CH) saw 2 block trade worth 1506.96 mn at 51.11 yuan per share, 1.35 discount from last closing.

 

*Flat

-PIEN TZE HUANG (600436,CH) saw 1 block trade worth 39.95 mn at 419.49 yuan per share, flat from last closing.

-Wingtech (600745,CH) saw 1 block trade worth 21.02 mn at 116.80 yuan per share, flat from last closing.

-LuxShare (002415,CH) saw 2 block trade worth 39.60 mn at 41.20 yuan per share, flat from last closing.

-China Duty Free Group (601888,CH) saw 2 block trade worth 29.14 mn at 230.78 yuan per share, flat from last closing.

-KWEICHOW MOUTAI (600519,CH) saw 3 block trade worth 36.39 mn at 1819.94 yuan per share, flat from last closing.

-Bank of Jiangsu (600919,CH) saw 2 block trade worth 43.66 mn at 6.32 yuan per share, flat from last closing.

-SPD (600000,CH) saw 1 block trade worth 31.67 mn at 8.53 yuan per share, flat from last closing.

-MIDEA Group (000333,CH) saw 1 block trade worth 18.39 mn at 17.14 yuan per share, flat from last closing.

-Goertek (002241,CH) saw 1 block trade worth 68.12 mn at 47.64 yuan per share, flat from last closing.

 

*Premium

-Wanhua Chemical (600309,CH) saw 1 block trade worth 40.79 mn at 101.00 yuan per share, 0.44 premium from last closing.

 

*Margin Trade

Total Margin Balance

1.6873trillion

Total Short Selling Balance

143.4billion

SH Margin Balance

0.8958 trillion

SH Short Selling Balance

89.7 billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

600887

190mio

601169

2.70mio

601615

162mio

600759

2.58mio

600104

138mio

688538

2.12mio

600438

92.0mio

600010

2.00mio

600219

89.7mio

601988

1.75mio

SZ Margin Balance

0.7915trillion

SZ Short Selling Balance

53.7billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

002466

148mio

002185

9.57mio

002812

146mio

002400

3.66mio

002273

106mio

300133

2.79mio

002815

95.4mio

002027

2.25mio

000001

86.9mio

002610

1.73mio

*Connection Trade

SH-HK Connection (bn cny)

SZ-HK Connection (bn cny)

Northbound Net Cash Flow

-1.99

Northbound Net Cash Flow

1.39

Southbound Net Cash Flow

0.80

Southbound Net Cash Flow

0.07

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

603799

332

2.58

300059

517

1.54

601888

241

0.53

002460

513

2.22

600276

230

0.70

002241

322

2.05

603259

169

0.45

300750

271

0.18

600104

151

0.63

000581

258

11.51

*Index Futures

Position of Top 20 members (Unit lots)

CSI 300 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IF2111

74,938

2,337

45,485

-269

46,964

-489

IF2112

23,177

-699

52,422

-249

63,390

-957

IF2203

6,064

-880

32,169

-7

34,242

305

SSE 50 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IH2111

49,112

4,942

33,041

-295

34,089

-92

IH2112

16,537

1,550

28,439

573

36,167

363

IH2203

5,319

1,091

9,412

-6

12,701

-116

CSI 500 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IC2111

66,788

10,811

53,529

1,455

56,784

1,448

IC2112

31,673

6,749

79,355

3,226

87,744

2,891

IC2203

12,957

1,280

59,350

1,023

66,845

632

IC2206

9,131

2,418

16,002

1,614

17,188

1,868

 

Position of Top 20 members (Unit lots)

CSI 300 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IO2111

121659

4140

69326

1530

71647

1591

IO2112

19203

-2481

36387

1154

39146

1361

*Treasury futures

Position of Top 20 members (Unit lots)

2-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TS2112

40,526

19,751

20,809

-154

23,549

813

5-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TF2112

56,869

19,247

61,244

-2,689

63,107

-471

TF2203

9856

7072

12311

2824

13476

3199

10-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

T2112

108,111

42,571

109,727

-1,374

109,637

334

T2203

20939

7836

27271

3007

28574

2642

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

Top 3 Gainers (Dominant Contract)

Product

Contract

Price

Change %

Trading Volume

Open Interests

Coke

J2201

3,159.0

+4.45%

15,877

32,484

Steel Rebar

RB2201

4,386.0

+4.38%

1,219,071

1,287,908

Glass

FG201

1,725.0

+3.42%

245,509

218,853

Top 3 Loser (Dominant Contract)

Product

Contract

Price

Change %

Trading Volume

Open Interests

RBD Palm Olein

P2201

9,176.0

-3.17%

1,070,735

335,707

Soybean Oil

Y2201

9,346.0

-2.95%

889,267

389,032

Rapeseed Oil

OI201

12,286.0

-2.2%

479,247

214,679

 

* The December contract of WTI rose by 2.99%, quoted at $81.17/barrel. Likewise, Brent Oil went 2.27% higher to $82.37/barrel. For the past week, the December contract of WTI and Brent decreased 2.87% and 1.7% respectively.

* For the first week of November, majorities of products in global market rose more and fell less, all the stock markets closed up except SSE Index and South Korean index KS11 fell slightly. In terms of commodities, LME aluminum dropped the most, while natural gas futures continued to rise sharply and leading the upside.

* For the night session on Nov 5, chemical and energy sector went up sharply with glass up by 3.42%, PVC rose by 2.46%, fuel oil and soda ash both increased more than 2%. For black series, coke and steel rebar went up by 4.45% and 4.38% respectively leading the upside, coking coal shifted higher by 3.21% as well. Thermal coal closed up by 2.8%, and iron ore quoted 2.58% higher.

* LME metals mostly closed up with LME copper rose 0.69% to $9,504/ton, LME zinc down by 0.59% to $3,221.5/ton, LME nickel up by 1.54% to $19,435/ ton, LME aluminum up by 0.02% quoted at $2,555/ton, LME tin rose by 2.16% to $37,240/ ton, lead shifted 0.3% higher to $2,355/ton.

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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