DZ20220311
*Key points
Macro
*Premier Li Keqiang to attend press conference on March 11th at 10:15AM to answer questions from both domestic and overseas journalists.
Financials
*PBoC: cash supply will be ensured with full life cycle management of RMB to be enhanced and counterfeit currency to be strong against.
Industrial Economy
*The Chinese herbal medicine been included in the centralized procurement as announced by Shanxi medical equipment procurement center with 21 types involved.
*As data collected by local institutions shown 55 cities have optimized housing adjustment policies including down payment reduction, loan rate cut and easing accumulation fund loan, Securities Journal reported.
Co Focus
*Moutai Group held 2022 purchase and supply chain meeting with dynamic adjustment mechanism at supplier level to be built up, as emphasized by Ding Huixiong, president of Moutai.
Block Trade
*Discount
- Zhifei Biological (300122 CH) saw 2 block trade worth 1580mn at 100 yuan per share, 16.23pct discount from last closing.
- Zhenjiang New Energy (603507 CH) saw 7 block trade worth 28mn at 28.35yuan per share, 11.68pct discount from last closing.
- Salt Lake (000792 CH) saw 4 block trades worth 90mn at 30yuan per share, 0.99pct discount from last closing.
- Nce Power (605111 CH) saw 3 block trades worth 109mn at 182.27 yuan per share, 1.5pct discount from last closing.
- Wuliangye (600765 CH) saw 3 block trades worth 12mn at 162.88 yuan per share, 5.38pct discount from last closing.
- Shaanxi Jinye (000812 CH) saw 2 block trades worth 39mn at 5.67yuan per share, 10.71pct discount from last closing.
- Pylon Tech (688063 CH) saw 9 block trades worth 359mn at 135yuan per share, 2.88 discount from last closing.
*Flat
- Yili Industrial (600887 CH) saw 8 block trades worth 364mn at 36.75yuan per share, 0.00pct discount from last closing.
*Margin Trade
|
Total Margin Balance |
1.6195 trillion |
Total Short Selling Balance |
92.8 billion |
|
SH Margin Balance |
0.8558 trillion |
SH Short Selling Balance |
60.9 billion |
|
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
|
603799 |
307mio |
600551 |
3.10mio |
|
600438 |
227mio |
600837 |
2.03mio |
|
688281 |
205mio |
688126 |
1.76mio |
|
601985 |
170mio |
600029 |
1.67mio |
|
600277 |
147mio |
688981 |
1.29mio |
|
SZ Margin Balance |
0.7637 trillion |
SZ Short Selling Balance |
31.9 billion |
|
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
|
002466 |
281mio |
000725 |
4.26mio |
|
000792 |
194mio |
002926 |
4.13mio |
|
002460 |
152mio |
000783 |
1.74mio |
|
002176 |
142mio |
002030 |
1.26mio |
|
002326 |
120mio |
002415 |
1.04mio |
*Connection Trade
|
SH-HK Connection (bn cny) |
SZ-HK Connection (bn cny) |
||||
|
Northbound Net Cash Flow |
-1.1 |
Northbound Net Cash Flow |
-2.3 |
||
|
Southbound Net Cash Flow |
+2.1 |
Southbound Net Cash Flow |
+1.3 |
||
|
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 |
|
600406 |
331 |
1.77 |
300496 |
448 |
14.1 |
|
601012 |
308 |
0.73 |
300014 |
331 |
2.55 |
|
300059 |
289 |
1.29 |
601919 |
286 |
1.37 |
|
300750 |
269 |
0.28 |
002371 |
285 |
2.1 |
|
600089 |
234 |
3.18 |
002475 |
264 |
1.0 |
*Index Futures
|
Position of Top 20 members (Unit lots) |
||||||
|
CSI 300 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IF2203 |
118,004 |
-47,639 |
71,453 |
-6,198 |
78,919 |
-9,038 |
|
IF2204 |
18,822 |
-1,577 |
16,571 |
1,012 |
17,922 |
1,334 |
|
IF2206 |
31,723 |
-13,826 |
41,834 |
-447 |
49,881 |
-1,902 |
|
IF2209 |
12,227 |
-1,008 |
18,075 |
1,111 |
23,135 |
1,147 |
|
SSE 50 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IH2203 |
61,410 |
-22,937 |
36,406 |
-5,780 |
40,153 |
-6,164 |
|
IH2206 |
17,408 |
-6,840 |
19,047 |
-241 |
25,599 |
-610 |
|
IH2209 |
5,863 |
-5,550 |
11,204 |
-75 |
16,313 |
-285 |
|
CSI 500 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IC2203 |
103,952 |
-32,257 |
78,109 |
-8,435 |
75,918 |
-8,950 |
|
IC2204 |
21,961 |
-50 |
27,360 |
3,024 |
27,236 |
2,229 |
|
IC2206 |
34,531 |
-10,363 |
78,218 |
129 |
92,956 |
-2 |
|
IC2209 |
20,056 |
-8,712 |
55,935 |
556 |
60,659 |
981 |
*Index Options
|
Position of Top 20 members (Unit lots) |
||||||
|
CSI 300 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IO2203 |
189045 |
-145816 |
80573 |
-2563 |
94423 |
-3172 |
|
IO2204 |
58402 |
-34567 |
34502 |
4196 |
36862 |
3433 |
*Treasury Futures
|
Position of Top 20 members (Unit lots) |
||||||
|
2-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
TS2203 |
16 |
6 |
1,635 |
-77 |
1,635 |
-77 |
|
TS2206 |
25,455 |
-13,835 |
31,260 |
-46 |
33,615 |
-237 |
|
5-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
TF2203 |
178 |
62 |
1,761 |
-55 |
1,761 |
-55 |
|
TF2206 |
67,207 |
-40,750 |
82,228 |
659 |
85,244 |
799 |
|
10-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
T2203 |
46 |
-616 |
1,550 |
-1 |
1,550 |
-1 |
|
T2206 |
108,771 |
-62,095 |
141,654 |
-172 |
146,519 |
3,452 |
*Night Session Commodities Market (As of 02:30 am)
|
Top 3 Gainers (Dominant Contract) |
|||||
|
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
|
Iron Ore |
i2205 |
827.5 |
+4.48% |
219,883 |
434,098 |
|
Coking Coal |
jm2205 |
3,143.5 |
+4.21% |
30,533 |
53,463 |
|
Thermal Coal |
zc205 |
845.0 |
+3.3% |
680 |
6,855 |
|
Top 3 Loser (Dominant Contract) |
|||||
|
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
|
Nickel |
ni2204 |
222,190.0 |
-17% |
4,408 |
110,756 |
|
Crude Oil |
sc2204 |
685.8 |
-7.59% |
198,673 |
34,173 |
|
Stainless Steel |
ss2204 |
19,225.0 |
-3.63% |
120,905 |
38,790 |
*Commodities (night session):
* Global crude oil price fell for two-consecutive days, April NYMEX crude oil contract down 2.62% to closed at $105.85/b, the highest since 2008, May Brent contract down 1.81% to closed at $109.13/b. INE crude oil active contract down 7.59% to closed at 685.8 yuan/b.
* The Ukraine geopolitical risk and rising US February CPI drove gold price up, COMEX gold active contract closed at $ 2001.8/oz (up 0.68%), SHFE gold active contract closed at 406.3 yuan/gram (up 0.44%).
* Metals performed mixed. LME aluminum up 1.77%, copper up 1.28%. SHFE nickel fell 17.00%, aluminum up 1.28%, copper up 0.45%, bonded copper up 0.70%.
* Commodity futures mostly closed up, Energy & chemistry futures saw diverge performance, glass rose 2.84%, PVC up 2.74%, TSR 20 declined 1.53%. Black series rose collectively, iron ore soared 4.48%, coking coal surged 4.21%. Agriculture futures mostly went up, RBD oalm olein rose 1.58%, rapeseed meal up 1.53%.
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.
