DZ20220315
*Key points
Macro
*Premier Li Keqiang chaired State Council general meeting and required to promote stable operation of economy during beginning of ramp up. Change of global situation and commodity trend as well as impact on China will be closely tracked with corresponding measure to be optimized to ensure economic growth, employment and price stabilized within reasonable range. Preferential tax policies will be promoted and profit hand over by specific state-owned institutions to be recorded promptly.
Industrial Economy
*NDRC issued report on national economy and social development plan which pointed out to accelerate research and development of covid vaccines with listing of drugs to speed up.
*Tianjin medical purchase center carried out centralized maintenance of covid antigen detection reagent from March 14th.
*The first batch of 3mio ton fertilizer reserves for spring plowing has been injected into market since March to ensure demand and related market trend will be under watch to ensure supply and stabilize price, according to NDRC.
*President of State Grid held special meeting and reviewed work plan to improve quality and efficiency in 2022 with emphasis on energy transformation and power supply.
*Block Trade Info
*Discount
- Sinofibers Tech (300777 CH) saw 1 block trade worth 75mn at 45.82yuan per share, 16.72pct discount from last closing.
- Avic Heavy Machinery (600765 CH) saw 1 block trade worth 85mn at 42.38yuan per share, 3pct discount from last closing.
- Zhifei Biological (300122 CH) saw 2 block trades worth 1298mn at 100yuan per share, 16.77pct discount from last closing.
- Xingfa Chemicals (600141 CH) saw 1 block trade worth 150mn at 34.17 yuan per share, 3.01pct discount from last closing.
- Haitian Flavouring (603288 CH) saw 1 block trade worth 22mn at 83.7 yuan per share, 5.74pct discount from last closing.
*Flat
- Bestway Marine & Energy (300008 CH) saw 1 block trade worth 41mn at 13.45 yuan per share, 0.00pct discount from last closing.
- Midea Group (000333 CH) saw 9 block trades worth 97mn at 56.69 yuan per share, 0.00pct discount from last closing.
- Luxshare Precision (002475 CH) saw 9 block trades worth 178mn at 34.3 yuan per share, 0.00pct discount from last closing.
*Margin Trade
|
Total Margin Balance |
1.6148 trillion |
Total Short Selling Balance |
91.3 billion |
|
SH Margin Balance |
0.8545 trillion |
SH Short Selling Balance |
59.6 billion |
|
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
|
601888 |
313mio |
600000 |
2.3mio |
|
600519 |
301mio |
688126 |
1.83mio |
|
600521 |
235mio |
601988 |
1.75mio |
|
600196 |
194mio |
688105 |
1.71mio |
|
601696 |
172mio |
601005 |
1.54mio |
|
SZ Margin Balance |
0.7603 trillion |
SZ Short Selling Balance |
31.7 billion |
|
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
|
300482 |
332mio |
002797 |
5.82mio |
|
000739 |
142mio |
002317 |
1.58mio |
|
300676 |
96mio |
002030 |
1.45mio |
|
002317 |
69mio |
300999 |
1.06mio |
|
300750 |
67mio |
000725 |
0.85mio |
*Connection Trade
|
SH-HK Connection (bn cny) |
SZ-HK Connection (bn cny) |
||||
|
Northbound Net Cash Flow |
-7.3 |
Northbound Net Cash Flow |
-7.1 |
||
|
Southbound Net Cash Flow |
+4.0 |
Southbound Net Cash Flow |
+2.5 |
||
|
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 |
|
002475 |
288 |
1.14 |
600519 |
1558 |
0.7 |
|
600406 |
216 |
1.11 |
601888 |
799 |
2.19 |
|
002714 |
212 |
1.05 |
300059 |
667 |
2.93 |
|
002241 |
175 |
1.62 |
300750 |
429 |
0.43 |
|
601088 |
151 |
0.34 |
002812 |
405 |
2.43 |
*Index Futures
|
Position of Top 20 members (Unit lots) |
||||||
|
CSI 300 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IF2203 |
134,973 |
-10,612 |
65,720 |
-8,038 |
70,914 |
-9,139 |
|
IF2204 |
33,356 |
11,386 |
25,360 |
6,479 |
26,950 |
6,490 |
|
IF2206 |
41,402 |
-5,485 |
45,134 |
397 |
55,565 |
2,243 |
|
IF2209 |
10,696 |
-3,933 |
19,133 |
-291 |
25,027 |
54 |
|
SSE 50 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IH2203 |
65,739 |
-11,314 |
33,265 |
-4,505 |
38,087 |
-4,461 |
|
IH2204 |
12,723 |
3,497 |
8,963 |
1,824 |
9,525 |
2,338 |
|
IH2206 |
23,285 |
2,101 |
21,434 |
1,508 |
29,097 |
2,810 |
|
IH2209 |
8,278 |
-408 |
11,701 |
-308 |
16,889 |
-269 |
|
CSI 500 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IC2203 |
112,501 |
-8,632 |
66,911 |
-8,165 |
66,109 |
-7,101 |
|
IC2204 |
30,161 |
3,986 |
35,812 |
4,077 |
34,673 |
4,385 |
|
IC2206 |
36,262 |
-3,899 |
80,967 |
2,333 |
95,234 |
2,651 |
|
IC2209 |
21,445 |
-3,269 |
60,779 |
1,674 |
67,328 |
2,665 |
*Index Options
|
Position of Top 20 members (Unit lots) |
||||||
|
CSI 300 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IO2203 |
248448 |
-62237 |
78724 |
-17 |
90979 |
83 |
|
IO2204 |
66954 |
-13555 |
42399 |
4429 |
44664 |
3894 |
*Treasury Futures
|
Position of Top 20 members (Unit lots) |
||||||
|
2-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
TS2206 |
57,312 |
7,197 |
33,645 |
965 |
35,440 |
448 |
|
5-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
TF2206 |
100,097 |
-25,006 |
79,512 |
-2,690 |
83,291 |
-3,419 |
|
10-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
T2206 |
191,621 |
-36,548 |
130,548 |
-9,212 |
137,093 |
-6,842 |
|
T2209 |
8,037 |
-2,045 |
9,371 |
55 |
9,659 |
85 |
*Night Session Commodities Market (As of 02:30 am)
|
Top 3 Gainers (Dominant Contract) |
|||||
|
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
|
Nickel |
ni2204 |
224,480.0 |
+8.53% |
112,022 |
67,803 |
|
Thermal Coal |
zc205 |
833.4 |
+4.12% |
740 |
5,472 |
|
Soybean Meal |
m2205 |
4,219.0 |
+1.32% |
580,202 |
1,216,942 |
|
Top 3 Loser (Dominant Contract) |
|||||
|
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
|
Bitumen |
bu2206 |
3,686.0 |
-4.9% |
383,594 |
366,182 |
|
LPG |
pg2204 |
5,950.0 |
-4.72% |
52,937 |
32,134 |
|
RBD Palm Olein |
p2205 |
11,284.0 |
-4.6% |
383,228 |
316,121 |
Commodities (night session):
* The negotiation between Ukraine and Russia eased global crude oil price. April NYMEX crude oil contract down 6.67% to closed at $102.04/b, May Brent contract down 5.93% to closed at $105.99/b. INE crude oil active contract down 3.78% to closed at 657.1 yuan/b.
* Gold price fell for two-consecutive days amid the rise of bond yield has. COMEX gold active contract closed at $1953.2/oz (down 1.6%), SHFE gold active contract closed at 399.9 yuan/gram (down 0.82%).
* Metals all closed down. LME aluminum down 4.82%, copper down 2.91%. SHFE aluminum down 0.80%, copper down 0.87%, bonded copper down 1.18%.
* Commodity futures mostly closed down, Energy & chemistry futures performed weak, bitumen down 4.9%, LPG down 4.72%, fuel oil down 4.56%. Black series mostly went down, coking coal down 3.99%, coke down 3.1%, iron ore down 3.03%, whereas thermal coal up 4.12%. Agriculture futures saw diverge performance, soybean meal up 1.32%, rapeseed meal up 0.9%, RBD palm olein down 4.6%.
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.
