DZ20220207

 

*Key points

 

International Relationship

*President Xi Jinping held talk with Russian President Vladimir Putin and emphasized to strengthen strategic partnership of energy with cooperation in oil and gas promoted. Innovation breakthrough in energy field will be enhanced in joint efforts with cooperation on new energy expanded.

 

Financials

*China Jan PMI of 50.1%, down 0.2% vs last month and non-manufacturing PMI of 51.1%, down 1.6% vs last month.

*CSRC formulated 2022 legislation work plan and to carry out overall registration system of stock issuance with administrative methods deployed.

*Ning Jizhe, head of NBS published article on Qiushi which suggest to issue measures helping stabilize economy and policies with shrinkage effect to be introduced with caution.

*PBoC and SAFE issued notice on overseas loan business of banking financial institutions which suggest prohibition of overseas loan issued by domestic banks to be used for securities investment.

Industrial Economy

*NDRC said to adopt measures to enhance supervision on iron ore price adjustment given recent rapid price rally and speculation.

*The State Council issued measurement development plan 2021-2035 which suggested building up national modern measurement system at initial stage by 2025 with key breakthrough to be archived by 2035.

*MIIT and 8 other departments jointly issued development plan of pharmaceutical industry during the 14th FY which pointed out development target for future 5 years and prospect in 15 years. Annual growth of operation income and profit of pharmaceutical industry to maintain above 8% with increments lift to 5% of gross industry.

*China to speed up construction of national unified power market system by 2030 in adaptation to requirement of new type power system.

 

*Block Trade Info

 

*Discount

- Ping An Insurance (601318 CH) saw 2 block trade worth 9mn at 49.97 yuan per share, 0.00pct discount from last closing.

-Will Semiconductor (603501 CH) saw 1 block trade worth 102mn at 249.12yuan per share, 2pct discount from last closing.

- Maxonic Auto Control (300112 CH) saw 2 block trade worth 10mn at 8.35yuan per share, 22.25 discount from last closing.

- Frontier Biotechnologies (600763 CH) saw 2 block trade worth 7mn at 12.99 yuan per share, 18.4pct discount from last closing.

- Blue Sail Medical (002382 CH) saw 1 block trade worth 30mn at 13.53yuan per share, 10.69pct discount from last closing.

- Kelong Fine Chemical (300405 CH) saw 1 block trade worth 20mn at 8.6 yuan per share, 1.83pct discount from last closing.

- Inovance Tech (300124 CH) saw 1 block trade worth 9mn at 58.19yuan per share, 3pct discount from last closing.

 

Premium

- Glodon Company (002410 CH) saw 1 block trade worth 17mn at 61.5 yuan per share, 0.49pct premium from last closing.

 

*Margin Trade

Total Margin Balance

1.6203 trillion

Total Short Selling Balance

92.9billion

SH Margin Balance

0.8547 trillion

SH Short Selling Balance

69.2billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

510050

79.2mio

512100

11.37mio

601668

70mio

510500

10.99mio

601899

63.76mio

600031

4.53mio

601636

43.44mio

601988

2.84mio

601128

38.24.7mio

588380

2.25mio

SZ Margin Balance

0.7655 trillion

SZ Short Selling Balance

33.8 billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

301228

31.2mio

310228

2.5mio

300921

27.8mio

000783

1.97mio

000792

23.14mio

002301

1.49mio

300122

22mio

000630

1.46mio

002203

21mio

301235

0.97 mio

 

*Connection Trade

Southbound trading was suspended on Jan 28th

SH-HK Connection (bn cny)

SZ-HK Connection (bn cny)

Northbound Net Cash Flow

-8.3

Northbound Net Cash Flow

-4.1

Southbound Net Cash Flow

/

Southbound Net Cash Flow

/

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

300274

490

4.03

600519

1850

0.75

600111

203

1.44

002594

799

2.87

002050

196

2.91

601318

547

0.99

300014

160

0.91

300750

529

0.45

002434

142

9.1

000001

401

1.27

*Index Futures

Position of Top 20 members (Unit lots)

CSI 300 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IF2202

105,710

10,816

45,132

264

47,652

1,066

IF2203

45,839

7,400

57,424

976

74,304

153

IF2206

16,042

2,529

30,556

-146

39,432

-674

IF2209

6,526

1,274

8,327

1,444

9,832

1,674

SSE 50 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IH2202

64,950

7,819

30,015

1,899

35,032

1,779

IH2203

35,016

10,349

33,237

67

42,484

-493

IH2206

10,750

1,770

15,600

430

22,589

671

CSI 500 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IC2202

91,537

4,709

64,782

-2,277

61,955

-1,118

IC2203

50,737

12,677

77,384

1,663

94,303

1,861

IC2206

24,063

4,166

64,188

1,417

81,186

174

IC2209

17,498

587

24,347

2,676

26,221

2,974

*Index Options

Position of Top 20 members (Unit lots)

CSI 300 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IO2202

233666

39374

72495

1949

78609

2276

IO2203

42676

9129

32024

1971

34740

2511

*Treasury Futures

Position of Top 20 members (Unit lots)

2-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TS2203

18,174

-4,641

37,551

-715

42,628

-55

5-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TF2203

54,568

-7,621

63,900

-3,918

73,150

-2,702

TF2206

21,908

11,289

22,581

4,238

24,335

4,744

10-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

T2203

90,624

5,753

102,964

-1,677

113,782

-3,227

T2206

26,507

6,494

26,988

2,944

27,391

2,181

 

*Global Market Statistics during Spring Festival 2022

Contract/Product Name

As of 3 pm on Jan 28

As of 3 pm on Feb 5

Change*

Change %*

CBOT Soybean Meal

407

444.4

37.4

9.19%

CBOT Soybean

1454.5

1556.75

102.25

7.03%

Nasdaq

13352.78

14098.01

745.23

5.58%

NYMEX Crude Oil

87.13

91.98

4.85

5.57%

ICE Cotton No.2

120.76

126.46

5.7

4.72%

ICE WTI

88.56

92.52

3.96

4.47%

S&P 500

4326.51

4500.53

174.02

4.02%

Japan Rubber No.2

236.1

245

8.9

3.77%

LME Nickel

22240

22920

680

3.06%

DJI

34160.78

35089.74

928.96

2.72%

NYMEX Fuel Oil

2.6379

2.7098

0.0701

2.66%

Malaysia Palm Oil

5489

5621

132

2.40%

LME Tin

42105

43100

995

2.36%

FTSE China A50 Index

14692

14947

255

1.74%

CBOT Soybean Oil

64.6

65.41

0.81

1.25%

LME Copper

9754

9875

121

1.24%

COMEX Gold

1797.9

1808.8

10.9

0.61%

10-yr Treasury bond

127.531

126.921

-0.61

-0.48%

CBOT Corn

627

621.75

-5.25

-0.84%

COMEX Silver

22.72

22.52

-0.2

-0.88%

LME Zinc

3651

3615

-36

-0.99%

TSI Iron Ore

146.6

144.95

-1.65

-1.13%

ICE Sugar No.11

18.41

18.2

-0.21

-1.14%

LME Aluminum

3125.5

3087

-38.5

-1.23%

LME Lead

2307

2210.5

-96.5

-4.18%

VIX

27.65

24.35

-3.3

-11.93%

 

Commodities (night session):

* Global oil price rose collectively to 7-yr high, March NYMEX crude oil contract up 1.83% to $91.92/barrel, April Brent contract up 1.65% to $92.61/barrel.

* COMEX gold active contract closed at $1,807.80/oz (up 0.2%).

* LME metals closed up collectively with aluminum rose 1.21%, copper up 0.43%.

* NDRC was highly concerned with the recent surge of iron ore price, and pledged to take actions to ensure the smooth operation of iron ore market.

 

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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.