DZ20220211

 

*Key points
 

Financials

*China Jan aggregate financing sales up cny 6.17tn, cny 984.2bn more than last year. M2 UP 9.8% y/y with growth speeds up 0.8% m/m. New yuan loan up cny 3.98tn, new record high for a single month and up 394.4bn y/y.

*Rumors suggested large insurance/wealth management/FOF has redeemed funds under management by Ge Lan which are pharm focused and it has been denied after inquiries.

 

Industrial Economy

*Opinions on supervision of presale funds of urban commercial homes was released with national unified standard clarified, 21st century economy reported.

*MIIT and 7 other departments jointly issued implementation plan in promoting comprehensive utilization of industrial resource which pointed out to optimize regulations to enhance full life-cycle administration of NEV power battery with collection channel to be built up. Application of waste power battery in power back-up and charging to be promoted.

*National Radio and Television Administration issued development plan of Chinese drama during the 14th FY which to strengthen full-chain IP protection and standardize income allocation.

*Li Xiaopeng, head of Ministry of Transportation emphasized on carbon peak and neutral leadership conference that green low carbon development of transportation will be promoted with upgrade to speed up and technology breakthrough promoted.

*Li Xiaopeng, head of Ministry of Transportation pointed out on the meeting to strengthen transportation construction that national comprehensive stereoscopic transportation network will be build up, major project construction like Sichuan-tibet railway to be promoted and fixed asset investment of transportation to reach cny 3.58tn.

 

*Block Trade Info

*Discount

- Guoxin Microelectronics (002049 CH) saw 2 block trade worth 16mn at 196.63 yuan per share, 0.00pct discount from last closing.

- Seazen Holdings (601155 CH) saw 2 block trade worth 13mn at 32yuan per share, 7.19pct discount from last closing.

- Cultural Investment Holdings (600715 CH) saw 1 block trade worth 82mn at 3.71yuan per share, 4.87 discount from last closing.

- Will Semiconductor (603501 CH) saw 1 block trade worth 20mn at 231.97 yuan per share, 0.11pct discount from last closing.

- Sanyou Corporation (300932 CH) saw 2 block trade worth 26mn at 25.85yuan per share, 18.97pct discount from last closing.

- Sanqi Interactive Entertainment (002555 CH) saw 4 block trade worth 70mn at 24.15yuan per share, 4.2pct discount from last closing.

- Nanshan Holding (002314 CH) saw 1 block trade worth 12mn at 4.5 yuan per share, 1.75pct discount from last closing.

 

*Margin Trade

*Connection Trade

*Index Futures

*Index Options

*Treasury Futures

 

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

 

Commodities (night session):

* Global crude oil performed mixed. March NYMEX crude oil contract up 0.42% to closed at $90.04/b, April Brent contract down 0.17% to closed at $91.39/b. INE crude oil active contract up 1.24% to closed at 555.7 yuan/b.

* COMEX gold active contract closed at $1827.3/oz (down 0.51%), SHFE gold active contract closed at 377.5 yuan/gram (up 0.13%).

* Metals mostly closed up. LME aluminum down 0.86%, copper up 1.22%. SHFE aluminum down 0.45%, copper up 1.97%, bonded copper up 1.96%.

* Commodity futures mostly closed up, Energy & chemistry futures performed strong, PVC up 2.96%, soda ash up 2.49%, LPG up 2.05%. Black series rose collectively, iron ore rose 5.48%, coke up 5.11%, coking coal up 4.68%. Agriculture futures mostly went up as well, soybean meal up 2.93%, rapeseed meal up 2.21% to history high.

 

Download PDF

 

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.