DZ20211129
*Key points
Macro
*Oct China industrial profit up 24.6% y/y and profit realized in Jan-Oct of cny 7.16tn, up 42.2% y/y and 43.2% vs 2019 with two-year avg growth of 19.7%.
*Wang Xin, head of PBoC research bureau said to keep close watch on potential impact of tighten monetary policies overseas and to continue carry out stable monetary policy, maintain abundant liquidity and to secure employment with good use of structural monetary policy. Thorough supervision on large internet platform business will be strengthened with transparency of info disclosure enhanced.
Financial News
*Shanghai Stock Exchange has decided to adjust components of indexes like SSE50, SSE180, SSE380 and STAR 50, to take effect after market closing on Dec 10th. 601728, 601919, 601633, 600436 and 600900 will be added in SSE50.
*PBoC responded to the management of QR code that no daily payment experience will be affected for consumers but only commercial QR code need to be applied for commercial tenants.
*Ministry of Foreign Exchange is seeking for opinions on supporting administration of foreign exchange risk with flexible business operation supports for banks on foreign currency.
*High-flyer has announcement suspension of products subscription after its exemption of redemption fees, Securities China reported.
Industrial Economy
*State Administration for Market Regulation is seeking for public opinions on administration of internet advertisement which prohibit issuance of medicine and health care related post before approval and no after-school training post shall be issued via internet.
*The State Council has revised the provisions rule for cigarette sale with e-cigarette added in.
*Block Trade Info
*Discount
-Sansure Biotech (688289 CH) saw 4 block trade worth 278mn at 45.97/53.12/53.2 yuan per share, 18.19(cny211mio) /5.46/ 5.32pct discount from last closing.
-Transsion Holdings (688036 CH) saw 6 block trade worth 675mn at 160.7 yuan per share, 7.06pct discount from last closing.
-Northern Rare Earth (600111 CH) saw 7 block trade worth 44.8mn at 51.5 yuan per share, 8.78pct discount from last closing.
-Offcn Education (002607 CH) saw 3 block trade worth 350mn at 9yuan per share, 8.35pct discount from last closing.
-Greatstar (002444 CH) saw 16 block trade worth 253mn at 30.63yuan per share, 6.98pct discount from last closing.
Flat
-Zheshang Securities (601878 CH) saw 1 block trade worth 291mn at 12.66 yuan per share, flat from last closing.
-Rongsheng Petrochemical (002493 CH) saw 7 block trade worth 65mn at 16.58 yuan per share, flat from last closing.
-Midea (000333 CH) saw 2 block trade worth 42mn at 68.81 yuan per share, flat from last closing.
*Margin Trade
|
Total Margin Balance |
1.7178trillion |
Total Short Selling Balance |
131.5billion |
|
SH Margin Balance |
0.9044trillion |
SH Short Selling Balance |
82.8billion |
|
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
|
600519 |
247mio |
600010 |
11.4mio |
|
600900 |
237mio |
510500 |
3.3mio |
|
688190 |
173mio |
601198 |
3.1mio |
|
600010 |
163mio |
600733 |
2.2mio |
|
600702 |
148mio |
512760 |
1.9mio |
|
SZ Margin Balance |
0.8134trillion |
SZ Short Selling Balance |
48.7billion |
|
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
|
300618 |
138mio |
300471 |
3.6mio |
|
002268 |
119mio |
000728 |
1.9mio |
|
300773 |
106mio |
301133 |
1.2mio |
|
000997 |
105mio |
002505 |
619k |
|
002192 |
97mio |
002152 |
557k |
*Connection Trade
|
SH-HK Connection (bn cny) |
SZ-HK Connection (bn cny) |
||||
|
Northbound Net Cash Flow |
-3.24 |
Northbound Net Cash Flow |
-1.25 |
||
|
Southbound Net Cash Flow |
1.68 |
Southbound Net Cash Flow |
0.72 |
||
|
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 |
|
603260 |
289 |
1.76 |
600036 |
653 |
0.50 |
|
300750 |
258 |
0.17 |
601318 |
444 |
0.49 |
|
603659 |
249 |
2.16 |
600519 |
391 |
0.16 |
|
603259 |
247 |
0.62 |
002475 |
332 |
1.13 |
|
600111 |
243 |
1.23 |
300059 |
328 |
0.91 |
*Index Futures
|
Position of Top 20 members (Unit lots) |
||||||
|
CSI 300 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IF2112 |
73,117 |
6,432 |
72,504 |
1,921 |
85,316 |
1,276 |
|
IF2203 |
14,151 |
743 |
39,245 |
974 |
44,110 |
1,406 |
|
IF2206 |
3,421 |
803 |
8,609 |
565 |
9,807 |
625 |
|
SSE 50 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IH2112 |
50,172 |
6,316 |
45,904 |
984 |
51,164 |
1,024 |
|
IH2203 |
9,670 |
-219 |
14,526 |
265 |
19,066 |
431 |
|
CSI 500 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IC2112 |
65,338 |
17,273 |
101,338 |
2,285 |
112,058 |
1,969 |
|
IC2203 |
15,171 |
4,216 |
59,352 |
-172 |
70,669 |
473 |
|
IC2206 |
9,571 |
3,076 |
33,549 |
1,262 |
38,747 |
1,402 |
*Index Options
|
Position of Top 20 members (Unit lots) |
||||||
|
CSI 300 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IO2112 |
133620 |
30518 |
77762 |
3406 |
81890 |
3020 |
*Treasury Futures
|
Position of Top 20 members (Unit lots) |
||||||
|
2-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
TS2112 |
1,855 |
128 |
8,911 |
-43 |
8,914 |
-87 |
|
TS2203 |
24419 |
7418 |
24148 |
1944 |
26803 |
2218 |
|
5-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
TF2112 |
2,442 |
-369 |
18,763 |
-305 |
18,789 |
-336 |
|
TF2203 |
30701 |
1050 |
59471 |
1517 |
67559 |
2270 |
|
10-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
T2112 |
13,343 |
3,933 |
24,757 |
-1,270 |
24,604 |
-1,733 |
|
T2203 |
87042 |
9085 |
115863 |
3950 |
127480 |
6740 |
|
Top 3 Gainers (Dominant Contract) |
|||||
|
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
|
Bleached Softwood Kraft Pulp |
SP2201 |
5,532.0 |
+3.52% |
183,030 |
137,622 |
|
Glass |
FG201 |
1,841.0 |
+2.62% |
267,482 |
227,418 |
|
Hot-rolled Coil |
HC2201 |
4,589.0 |
+0.37% |
199,811 |
494,816 |
|
Top 3 Loser (Dominant Contract) |
|||||
|
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
|
Crude Oil |
SC2201 |
464.1 |
-8.01% |
158,016 |
35,145 |
|
Fuel Oil |
FU2201 |
2,703.0 |
-5.79% |
196,684 |
169,108 |
|
Low Sulfur Fuel Oil |
LU2202 |
3,505.0 |
-5.68% |
34,863 |
28,103 |
*Night Session Commodities Market (As of 02:30 am)
* Affected by the new virus Omicron, the US crude oil declined 13% by the end of last week.The January contract of WTI fell sharply by 13.04%, quoted at $68.17/barrel. Likewise, Brent Oil went 11.27% lower to $71.80/barrel. According to market news, OPEC+ is considering to not increase production at this time as oil prices falling due to the new virus.
* Last week, the holding of SPDR Gold Trust was 992.85 tons, an increase of 1.74 tons from the previous trading day, a range of 0.18%, and the cumulative increase in the week was 7.85 tons or 0.80%.
* For the night session on Nov 26, SHFE crude oil dropped sharply to the lower limit, quoted at 464.1 yuan/barrel. In addition, most products within chemical and energy sector went down as well, including fuel oil shifted 5.79% lower, bitumen down by 5.5%, and PTA fell more than 4%. Regarding black series, thermal coal and coke went down by 3.99% and 2.3% respectively, while iron ore closed up slightly by 0.34%. In terms of agriculture, both soybean oil and palm oil moved approximately 2% lower.
* LME metals mostly closed down with LME copper fell 3.64% to $9,445/ton, LME zinc down by 3.56% to $3,183/ton, LME nickel down by 3.4% to $19,965/ ton, and LME aluminum went down by 4.62% quoted at $2,592/ton, LME tin went down by 2.42% to $38,750/ ton, while lead rose by 0.24% to $2,276/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.
