DZ20220316
*Key points
Macro
Financials
*Zhang Ming, vice head of financial Institute of CASS published article suggesting complicated background of stock slump from joint shock of geographic tension, Sino-U.S. game and malicious short by foreign investors which requires appropriate intervention of Chinese government to maintain basic stability and prevent further correction from 7 measures.
Industrial Economy
*Shandong Medical Insurance Bureau carried out centralized procurement on covid-test antigen detection reagent to ease test fee burden.
*National Health Commission issued the 9th version of treatment plan on covid virus which 1) add antigen detection as supplement; 2) add Paxlovid and domestic produced monoclonal antibody in treatment; 3) optimize treatment via Chinese traditional method.
*The CCTV “3.15”evening party was held with problem in multiple sectors disclosed including mess of medical beauty, manipulation of search result, live broadcast, free WiFi, bundled software downloads and etc.
Co Focus
*Tsingshan Group announced agreement of “period of quietness” has been reached with futures bank group as well as two large scale nickel use firms on monthly switch of high-grade nickel matte for 4kton pure nickel receipt for settlement.
*Block Trade Info
*Discount
- BOC International (601696 CH) saw 1 block trade worth 446mn at 11.74yuan per share, 8.28pct discount from last closing.
- Nce Power (605111 CH) saw 2 block trades worth 71mn at 178.3yuan per share, 1.5pct discount from last closing.
- Kingsemi Co(688037 CH) saw 1 block trade worth 16mn at 157.61yuan per share, 1.5pct discount from last closing.
- Wedge Industrial (000534 CH) saw 1 block trade worth 48mn at 11.7 yuan per share, 0.17pct discount from last closing.
- Century Huatong (002602 CH) saw 3 block trades worth 66mn at 5.84 yuan per share, 5.5pct discount from last closing.
*Flat
- Yuyue Medical (002223 CH) saw 1 block trade worth 28mn at 25.51yuan per share, 0.00pct discount from last closing.
- Integration Tech (002506 CH) saw 1 block trade worth 82mn at 3.43 yuan per share, 0.00pct discount from last closing.
- BOE Tech (000725 CH) saw 4 block trades worth 51mn at 4.12 yuan per share, 0.00pct discount from last closing.
*Margin Trade
|
Total Margin Balance |
1.6024 trillion |
Total Short Selling Balance |
88.1 billion |
|
SH Margin Balance |
0.8486 trillion |
SH Short Selling Balance |
57.5 billion |
|
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
|
601688 |
193mio |
600010 |
13.33mio |
|
600056 |
159mio |
600733 |
8.19mio |
|
600036 |
133mio |
600916 |
2.62mio |
|
601166 |
99.95mio |
600157 |
2.56mio |
|
600600 |
98.5mio |
601162 |
2.29mio |
|
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) |
||
|
300750 |
383mio |
002797 |
12.46mio |
|
002466 |
217mio |
301236 |
3.38mio |
|
002617 |
74.33mio |
300015 |
2.24mio |
|
000001 |
67.15mio |
002610 |
1.42mio |
|
000898 |
55.34mio |
300999 |
1.37mio |
*Connection Trade
|
SH-HK Connection (bn cny) |
SZ-HK Connection (bn cny) |
||||
|
Northbound Net Cash Flow |
-8.9 |
Northbound Net Cash Flow |
-7.2 |
||
|
Southbound Net Cash Flow |
+3.8 |
Southbound Net Cash Flow |
+5.6 |
||
|
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 |
|
601088 |
232 |
0.54 |
600519 |
2711 |
1.27 |
|
000933 |
228 |
8.5 |
300059 |
1254 |
5.77 |
|
601658 |
221 |
3.77 |
300750 |
1056 |
1.12 |
|
300274 |
208 |
1.58 |
002812 |
669 |
4.04 |
|
000002 |
177 |
1.13 |
601318 |
602 |
1.21 |
*Index Futures
|
Position of Top 20 members (Unit lots) |
||||||
|
CSI 300 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IF2203 |
173,688 |
39,539 |
62,305 |
-2,206 |
66,053 |
-3,885 |
|
IF2204 |
56,534 |
23,516 |
33,378 |
9,266 |
36,021 |
9,507 |
|
IF2206 |
58,136 |
17,867 |
49,408 |
4,414 |
61,406 |
6,085 |
|
IF2209 |
18,233 |
7,975 |
19,304 |
817 |
25,674 |
664 |
|
SSE 50 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IH2203 |
88,657 |
22,918 |
34,596 |
1,520 |
37,111 |
-281 |
|
IH2204 |
24,744 |
12,443 |
12,134 |
3,311 |
13,040 |
3,821 |
|
IH2206 |
37,038 |
14,342 |
24,380 |
3,147 |
31,922 |
2,940 |
|
IH2209 |
13,854 |
5,899 |
12,708 |
1,134 |
18,321 |
1,602 |
|
CSI 500 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IC2203 |
140,432 |
27,931 |
58,005 |
-8,741 |
57,538 |
-7,816 |
|
IC2204 |
51,293 |
22,953 |
48,384 |
12,625 |
45,753 |
11,348 |
|
IC2206 |
58,213 |
22,391 |
83,898 |
3,054 |
99,678 |
4,631 |
|
IC2209 |
33,847 |
13,725 |
62,229 |
1,669 |
69,164 |
1,862 |
*Index Options
|
Position of Top 20 members (Unit lots) |
||||||
|
CSI 300 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IO2203 |
336779 |
89000 |
73365 |
-5359 |
88824 |
-2052 |
|
IO2204 |
121556 |
54954 |
47217 |
4945 |
50659 |
6113 |
*Treasury Futures
|
Position of Top 20 members (Unit lots) |
||||||
|
2-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
TS2206 |
37,244 |
-16,688 |
32,569 |
-509 |
33,735 |
-897 |
|
5-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
TF2206 |
132,251 |
32,926 |
83,115 |
3,603 |
82,565 |
284 |
|
10-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
T2206 |
242,256 |
56,395 |
133,233 |
2,871 |
139,987 |
3,499 |
|
T2209 |
11513 |
4449 |
9458 |
199 |
9832 |
173 |
|
Top 3 Gainers (Dominant Contract) |
|||||
|
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
|
RBD Palm Olein |
P2205 |
11,478.0 |
+2.03% |
400,182 |
310,206 |
|
Coking Coal |
JM2205 |
2,879.0 |
+1.86% |
27,981 |
45,716 |
|
Nickel |
NI2204 |
223,400.0 |
+1.76% |
113,294 |
62,639 |
|
Top 3 Loser (Dominant Contract) |
|||||
|
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
|
Low Sulfur Fuel Oil |
LU2205 |
4,536.0 |
-6.16% |
40,012 |
9,702 |
|
Crude Oil |
SC2204 |
615.6 |
-4.74% |
146,877 |
28,676 |
|
Ethenylbenzene |
EB2204 |
9,420.0 |
-2.62% |
86,748 |
73,551 |
*Night Session Commodities Market (As of 02:30 am)
* Global oil prices kept diving as April contract of WTI dropped by 7.6%, quoted at $95.18/barrel, decreased approximately 20% from latest peak. Likewise, May contract of Brent shifted lower by 7.93%, closed at $98.42/barrel, hit the new two-week low.
* COMEX gold futures closed lower to $1,919.2 per ounce with 2.12% decline. COMEX silver futures settle at $25.095 per ounce with 0.8% decrease. As the meeting of Russia and Ukraine going smoothly, and the chance of hike in the US kept increasing, the demand for safe-haven assets has been weakened.
* For the night session on March 16, commodity market closed mixed with chemical and energy sector remained sluggish performance, EB and fuel oil shifted 2.62% and 2.59% lower respectively. Both LPG and PTA closed down with more than 2% decline. While black series mostly closed up including coking coal rose by 1.86%, iron ore shifted 1.05% higher, while thermal coal dropped by 1.75%. In terms of agricultural products, palm oil rose the most with more than 2% increase, soybean oil and rapeseed oil inched up slightly close to 1%, while soybean meal and No.2 soybean both settled with approximately 1% decline.
* LME metals mostly closed down with LME copper fell by 0.43% to $9,892/ton, LME zinc down by 0.38% to $3,794.5/ton, LME aluminum down by 0.62% to $3,299/ton, while LME tin shifted 0.52% higher to $42,810/ ton, and LME lead closed down with 0.35% decline at $2,260/ton.
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.
