DZ20220214
*Key points
Financials
*PBoC issued 2021 Q4 China Monetary Policy Execution Report which suggest to carry out stable monetary policy at flexible level, strength of cross-cycle adjustment to be enhanced with no flooding and reasonable financing demand will be satisfied for real economy. Expansion of credit injection by financial institutions will be guided to satisfy reasonable demand of house purchase.
*CSRC issued administrative regulation on interconnected depositary receipts of domestic and foreign stock exchanges with application range widened, financing of foreign securities issuers is allowed in pricing mechanism of market inquiry and supervision optimized.
Industrial Economy
*The State Council issued plan in promoting modernized agriculture and rural regions which 1) emphasized key technology breakthrough from seeding and to carry out major projects of selective breeding; 2) encourage new round of vehicles to go countryside; 3) production capacity of food to improve by 2025 with capacity maintain above 0.65tn kg; 4) hog capacity to be stabilized around 55mio ton with wide production fluctuation to be avoided.
Co Focus
*CATL declared official report to police on malicious rumors spread online including U.S. sanction, deletion from ChiNext weighted index and break-up with Tesla to maintain legitimate corporate right.
*Yili denied market rumors suggesting its purchase of Milkana, the famous Freech cheese brand.
*Block Trade Info
*Discount
-China Duty Free (601888 CH) saw 1 block trade worth 25mn at 224 yuan per share, 0.63pct discount from last closing.
- China Railway Materials (000927 CH) saw 1 block trade worth 21mn at 3.43yuan per share, 1.44pct discount from last closing.
- China Gold (600916 CH) saw 1 block trade worth 10mn at 12.16yuan per share, 6.46 discount from last closing.
- Sinostar Cable (300933 CH) saw 2 block trade worth 31mn at 9.84 yuan per share, 5.75pct discount from last closing.
- Veken Tech (300932 CH) saw 1 block trade worth 17mn at 6.49yuan per share, 1.96pct discount from last closing.
- Contemporary Amperex (300750 CH) saw 4 block trade worth 187mn at 489.99yuan per share, 0.00pct discount from last closing.
- Luzhou Laojiao (000568 CH) saw 1 block trade worth 68mn at 213.4 yuan per share, 1.29pct discount from last closing.
Premium
- Longi Energy (601012 CH) saw 1 block trade worth 25mn at 66.49yuan per share, 5.32.06pct premium from last closing.
*Margin Trade
|
Total Margin Balance |
1.6242 trillion |
Total Short Selling Balance |
97.2 billion |
|
SH Margin Balance |
0.8536 trillion |
SH Short Selling Balance |
62.4billion |
|
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
|
603259 |
296mio |
688126 |
8.24mio |
|
600519 |
204mio |
600010 |
5.89mio |
|
688223 |
99.93mio |
601988 |
5.64mio |
|
688261 |
94.35mio |
601929 |
2.96mio |
|
601669 |
92.89mio |
601989 |
2.77mio |
|
SZ Margin Balance |
0.7706 trillion |
SZ Short Selling Balance |
34.8billion |
|
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
|
300059 |
272mio |
002064 |
3.1mio |
|
300750 |
272mio |
002506 |
2.04mio |
|
000333 |
163mio |
301078 |
1.67mio |
|
002714 |
156mio |
002185 |
1.57mio |
|
301206 |
154mio |
002939 |
1.37mio |
*Connection Trade
|
SH-HK Connection (bn cny) |
SZ-HK Connection (bn cny) |
||||
|
Northbound Net Cash Flow |
+2.4 |
Northbound Net Cash Flow |
-1.4 |
||
|
Southbound Net Cash Flow |
-1.1 |
Southbound Net Cash Flow |
+0.7 |
||
|
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 |
|
600036 |
774 |
0.73 |
300750 |
1242 |
1.18 |
|
601899 |
515 |
2.24 |
601012 |
517 |
1.39 |
|
000858 |
488 |
0.65 |
600048 |
360 |
1.88 |
|
002241 |
471 |
3.65 |
002460 |
280 |
2.49 |
|
600585 |
420 |
2.41 |
002594 |
277 |
1.00 |
*Index Futures
|
Position of Top 20 members (Unit lots) |
||||||
|
CSI 300 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IF2202 |
88,714 |
17,219 |
41,442 |
3,309 |
42,340 |
2,270 |
|
IF2203 |
44,252 |
13,509 |
60,722 |
2,560 |
76,665 |
1,972 |
|
IF2206 |
13,809 |
4,750 |
33,118 |
1,363 |
40,613 |
676 |
|
IF2209 |
4,730 |
1,916 |
9,678 |
355 |
12,249 |
484 |
|
SSE 50 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IH2202 |
50,654 |
11,319 |
27,422 |
3,574 |
30,869 |
2,200 |
|
IH2203 |
28,819 |
7,636 |
32,763 |
113 |
41,121 |
-405 |
|
IH2206 |
8,971 |
2,427 |
13,760 |
-45 |
18,992 |
-368 |
|
CSI 500 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IC2202 |
66,736 |
13,116 |
52,360 |
-229 |
47,300 |
-848 |
|
IC2203 |
38,484 |
7,954 |
76,029 |
2,148 |
91,271 |
1,666 |
|
IC2206 |
14,544 |
4,882 |
65,079 |
1,323 |
80,117 |
672 |
|
IC2209 |
10,097 |
2,590 |
29,896 |
1,179 |
31,158 |
1,201 |
*Index Options
|
Position of Top 20 members (Unit lots) |
||||||
|
CSI 300 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IO2202 |
166996 |
52367 |
63619 |
-2866 |
71262 |
-2456 |
|
IO2203 |
37674 |
14747 |
45036 |
2313 |
47460 |
2650 |
*Treasury Futures
|
Position of Top 20 members (Unit lots) |
||||||
|
2-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
TS2203 |
43,929 |
22,225 |
31,477 |
533 |
33,931 |
-2,559 |
|
TS2206 |
13,432 |
4,883 |
9,677 |
959 |
10,347 |
500 |
|
5-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
TF2203 |
88,956 |
45,273 |
50,430 |
-3,716 |
53,032 |
-4,679 |
|
TF2206 |
58,988 |
39,638 |
47,497 |
8,923 |
48,556 |
9,312 |
|
10-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
T2203 |
154,139 |
75,280 |
75,656 |
-10,992 |
80,616 |
-13,725 |
|
T2206 |
82,190 |
48,581 |
53,366 |
12,099 |
60,766 |
13,420 |
*Night Session Commodities Market (As of 02:30 am)
|
Top 3 Gainers (Dominant Contract) |
|||||
|
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
|
Ethenylbenzene |
eb2203 |
9,165.0 |
+1.38% |
113,037 |
112,793 |
|
RBD Palm Olein |
p2205 |
10,044.0 |
+1.29% |
269,083 |
479,699 |
|
Crude Oil |
sc2204 |
564.3 |
+1.26% |
87,467 |
43,395 |
|
Top 3 Loser (Dominant Contract) |
|||||
|
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
|
Iron Ore |
i2205 |
770.0 |
-7.62% |
557,863 |
617,758 |
|
Soda Ash |
sa205 |
2,917.0 |
-4.98% |
745,369 |
452,706 |
|
PVC |
v2205 |
8,948.0 |
-4.14% |
605,806 |
379,517 |
Commodities (night session):
* Global crude oil price rose collectively. March NYMEX crude oil contract up 4.47% to closed at $93.90/b, April Brent contract up 3.93% to closed at $95.00/b. INE crude oil active contract up 1.26% to closed at 564.3 yuan/b.
* Due to soaring inflation and rising tension between Russia and Ukraine, gold price rose to 2-month high. COMEX gold active contract closed at $1860.6/oz (up 1.26%), SHFE gold active contract closed at 378.84 yuan/gram (up 0.62%).
* Metals mostly closed down. LME aluminum down 1.58%, copper down 4.13%. SHFE aluminum down 2.31%, copper down 2.23%, bonded copper down 2.42%.
* Commodity futures mostly closed down, Energy & chemistry futures performed weak, soda ash slumped 4.98%, PVC down 4.14%, glass down 4.05%. Black series declined collectively, iron ore fell 7.62%. Agriculture futures mostly performed mixed, soybean meal up 2.93%, RBD palm olein rose 1.29%. soybean meal down 0.95%.
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.
