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.
DISCLAIMER
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.
