DZ20211222
*Key points
Macro
*Ning Jizhe, vice head of NDRC said to issue policies for economic stability with active fiscal policy and stable monetary policy to be implemented and to promote strategic outline to be released on domestic demand expansion. Mixed-ownership reform of state-owned enterprises will be deepened with development environment of private economy to be optimized. Entry negative list of foreign investment will be further shrink with list to encourage foreign investment to be revised. Domestic cycle will be emphasized with supply side structural reform to be deepened to improve core competence of manufacturing industry.
Financials
*Ant Fund and 42 funds issued investigation report of fund managers 2021 which said around 70% stock-type fund managers predict market gains by around 0-10% in 1H2022 with growth type preferred, tech and manufacturing sectors esp.
Industrial Economy
*State Administration for Market Regulation said to further optimize supervision mechanism on pricing in transportation fields with supervision on fee collection of airport, railway and port to be strengthened to ease logistic burden of real entity firms.
*Shanghai municipal committee held economic work conference which pointed out to guide enterprises in research of major platforms in connection between virtual world and reality with participation at appropriate time.
*Heilongjiang government has taken the article titled as "scheduling meetings for all-out sprint on growth of real estate industry" down on Dec 21st from its offical website which mentioned housing sales promotion, preferential policies and market expectation guide.
*The revised draft of PRC science technology progress law has been submitted for review which encourages equity, option and dividend incentives on science technicians.
Dec 21th Block Trade
*Block Trade Info
*Discount
-Central China Securities (601375 CH) saw 1 block trade worth 34mn at 4.3yuan per share, 12.6pct discount from last closing.
-China Petroleum Engineering (600339 CH) saw 1 block trade worth 12mn at 3.03yuan per share, 0.33pct discount from last closing.
-Supcon Tech (688777 CH) saw 4 block trade worth 21mn at 57.58yuan per share, 23.4 pct discount from last closing.
-Ping An Insurance (601318 CH) saw 2 block trade worth 21mn at 50.84 yuan per share, 0.00 pct discount from last closing.
-Gentech Co (688596 CH) saw 3 block trade worth 23mn at 22.88 yuan per share, 8.66pct discount from last closing.
-Weichai Power (000338 CH) saw 1 block trade worth 15mn at 18.32yuan per share, 0.00pct discount from last closing.
-Zeus Entertainment (002354 CH) saw 2 block trade worth 15mn at 5.22yuan per share, 2.43pct discount from last closing.
-Contemporary Amperex (300750 CH) saw 1 block trade worth 29mn at 488.2 yuan per share, 19.18pct discount from last closing.
Premium
- Zoomlion Heavy Industry (000157 CH) saw 1 block trade worth 8mn at 7.36 yuan per share, 0.00pct premium from last closing.
*Margin Trade
|
Total Margin Balance |
1.7220 trillion |
Total Short Selling Balance |
115.2billion |
|
SH Margin Balance |
0.9102 trillion |
SH Short Selling Balance |
74.8billion |
|
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
|
601099 |
166mio |
601929 |
5.6mio |
|
600522 |
154mio |
600959 |
4.3mio |
|
601700 |
152mio |
601099 |
4.3mio |
|
688032 |
111mio |
600837 |
2.9mio |
|
600010 |
98mio |
600297 |
2.8mio |
|
SZ Margin Balance |
0.8118 trillion |
SZ Short Selling Balance |
40.4billion |
|
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
|
002812 |
175mio |
000665 |
4.4mio |
|
002326 |
163mio |
000728 |
3.1mio |
|
000858 |
119mio |
000686 |
2.38mio |
|
300274 |
112mio |
002610 |
1.8mio |
|
300750 |
111mio |
002340 |
1.1mio |
*Connection Trade
|
SH-HK Connection (bn cny) |
SZ-HK Connection (bn cny) |
||||
|
Northbound Net Cash Flow |
+1.2 |
Northbound Net Cash Flow |
-2.2 |
||
|
Southbound Net Cash Flow |
+1 |
Southbound Net Cash Flow |
+2.2 |
||
|
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 |
|
601868 |
311 |
8.92 |
000858 |
667 |
0.73 |
|
600519 |
212 |
0.08 |
002241 |
523 |
3.48 |
|
000002 |
172 |
0.9 |
300750 |
482 |
0.39 |
|
601318 |
162 |
0.3 |
000001 |
357 |
1.05 |
|
000651 |
147 |
0.71 |
300274 |
294 |
1.95 |
*Index Futures
|
Position of Top 20 members (Unit lots) |
||||||
|
CSI 300 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IF2201 |
77,702 |
-19,334 |
57,614 |
-3,873 |
59,540 |
-3,228 |
|
IF2203 |
23,287 |
-11,123 |
53,051 |
-1,297 |
72,145 |
-1,636 |
|
IF2206 |
6,321 |
-3,329 |
20,816 |
-153 |
27,306 |
413 |
|
SSE 50 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IH2201 |
47,117 |
-9,438 |
38,040 |
-377 |
40,721 |
-612 |
|
IH2203 |
12,753 |
-2,889 |
25,147 |
398 |
33,030 |
576 |
|
IH2206 |
4,634 |
-1,629 |
11,215 |
-41 |
16,192 |
245 |
|
CSI 500 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IC2201 |
68,123 |
-9,299 |
65,922 |
-4,488 |
65,494 |
-3,683 |
|
IC2203 |
18,283 |
-6,661 |
64,082 |
-1,503 |
80,377 |
-1,413 |
|
IC2206 |
11,720 |
-4,318 |
53,383 |
26 |
66,736 |
396 |
*Index Options
|
Position of Top 20 members (Unit lots) |
||||||
|
CSI 300 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IO2201 |
112594 |
-65348 |
75440 |
4921 |
76957 |
4732 |
*Treasury Futures
|
Position of Top 20 members (Unit lots) |
||||||
|
2-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
TS2203 |
43,425 |
10,839 |
36,346 |
40 |
39,496 |
44 |
|
5-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
TF2203 |
43,458 |
1,304 |
68,245 |
350 |
74,634 |
-120 |
|
10-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
T2203 |
93,094 |
-402 |
119,514 |
1,250 |
122,252 |
104 |
*Night Session Commodities Market (As of 02:30 am)
|
Top 3 Gainers (Dominant Contract) |
|||||
|
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
|
Crude Oil |
sc2202 |
466.4 |
+4.36% |
120,562 |
38,413 |
|
PTA |
ta205 |
4,738.0 |
+2.87% |
545,584 |
1,051,194 |
|
LPG |
pg2202 |
4,343.0 |
+2.41% |
58,485 |
66,798 |
|
Top 3 Loser (Dominant Contract) |
|||||
|
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
|
Thermal Coal |
zc205 |
702.0 |
-1.35% |
5,233 |
25,430 |
|
Corn Starch |
cs2203 |
3,021.0 |
-1.18% |
74,098 |
108,343 |
|
Ethenylbenzene |
eb2202 |
7,734.0 |
-0.94% |
90,166 |
132,744 |
Commodities (night session):
* Global crude oil price rebounded amid the rise of US stock market. February NYMEX crude oil contract up 3.88% to closed at $71.27b, February Brent contract up 3.45% to closed at $73.99/b, INE crude oil active contract up 4.36% to closed at 466.4 yuan/b.
* COMEX gold active contract closed at $1789.6/oz (down 0.28%), the highest since November. SHFE gold active contract closed at 368.96 yuan/gram (down 0.45%).
* Metals mostly closed up. LME aluminum up 3.65%, copper up 1.15%. SHFE aluminum up 1.33%, copper up 0.58%, bonded copper up 0.72%.
* Commodity futures mostly closed up. Energy & chemistry sector saw diverge performance, PVC rose 2.87%, LPG went up 2.41%, ethenylbenzene fell 0.94%. Black series mostly went up, coke rose 2.1%, iron ore rose 1.44%, whereas thermal coal declined 1.35%. Agriculture commodity futures performed mixed, RBD palm olein up 1.5%, soybean oil up 1.35%, corn starch down 1.18%.
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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.
