DZ20220318
*Key points
China-U.S.
*Chinese President Xi Jinping will speak with U.S. President Biden on Friday about China-U.S. relations and the Russia-Ukraine conflict.
Covid
*President Xi pointed out to stick with zero-Covid strategy to curb spreading trend with technique breakthrough of vaccines, fast detection reagent and drug R&D enhanced, but to minimize the impact of Covid-control measures on people’s lives.
Financials
*Supervisory departments of China and U.S. held work conference on March 17th with opinions exchanged for feasible path of joint supervision and cooperation to be reached after further communication, according to someone close to the supervision dept.
*Yi Huiman, president of CSRC said to resolve key and sensitive issues involving expectation of capital market, ecology and environment to maintain stable operation of market.
*PBoC approves establishment of two financial holding companies by China Citic and Beijing Financial Holdings Group, aiming to help non-financial enterprises effectively isolate their financial business and prevent risk transfer by realizing centralized and unified management of financial equity.
*The Anti-monopoly work meeting of National Market Supervision System which requested to 1) improve legalization of anti-monopoly and optimize fair competition system; 2) boost market expectation and confidence for domestic great cycle; 3) enhance supervision and law enforcement in key fields; 4) promote construction of modern supervision system.
Commodities
*NDRC announces to raise gasoline price and diesel price by 759 yuan per ton and 720 yuan per ton, respectively.
Co Focus
*Lianhuaqingwen capsule produced by Yiling Pharm (002603 CH) was not only added in drug recommended for medical watch period for covid but also as treatment for light and normal types, Securities Journal reported.
*Block Trade Info
*Discount
- Nce Power (605111 CH) saw 2 block trades worth 55mn at 183.94yuan per share, 1.5pct discount from last closing.
-Wingtech Tech (600745 CH) saw 4 block trades worth 50mn at 103.88yuan per share, 1.8pct discount from last closing.
- Three Squirrels (300783 CH) saw 7 block trades worth 20mn at 24.9 yuan per share, 10.43pct discount from last closing.
- Great Power Energy (300438 CH) saw 3 block trades worth 129mn at 49.55yuan per share, 6.00pct discount from last closing.
*Flat
- Ping An Insurance (601318 CH) saw 1 block trade worth 31mn at 45.5yuan per share, 0.00pct discount from last closing.
- China Pacific (601601 CH) saw 4 block trades worth 59mn at 22.9yuan per share, 0.00pct discount from last closing.
- Shanghai RAAS (200252 CH) saw 1 block trades worth 271mn at 6.02yuan per share, 0.00pct discount from last closing.
*Margin Trade
|
Total Margin Balance |
1.5938 trillion |
Total Short Selling Balance |
92.4 billion |
|
SH Margin Balance |
0.8437 trillion |
SH Short Selling Balance |
59.8 billion |
|
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
|
600196 |
300mio |
600733 |
8.12mio |
|
600056 |
214mio |
601108 |
3.3mio |
|
601696 |
173mio |
600109 |
3.08mio |
|
601155 |
119mio |
600246 |
3.08mio |
|
603456 |
107mio |
600036 |
1.94mio |
|
SZ Margin Balance |
0.7501 trillion |
SZ Short Selling Balance |
32.6 billion |
|
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
|
301219 |
229mio |
301219 |
1.92mio |
|
002497 |
209mio |
002958 |
1.09mio |
|
300274 |
166mio |
002236 |
84.33mio |
|
000776 |
153mio |
300059 |
74.3mio |
|
002537 |
117mio |
000069 |
66mio |
*Connection Trade
|
SH-HK Connection (bn cny) |
SZ-HK Connection (bn cny) |
||||
|
Northbound Net Cash Flow |
+0.5 |
Northbound Net Cash Flow |
+4.9 |
||
|
Southbound Net Cash Flow |
-3.9 |
Southbound Net Cash Flow |
+3.7 |
||
|
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 |
|
300059 |
1434 |
6.16 |
000776 |
365 |
3.53 |
|
300750 |
1111 |
1.08 |
600887 |
305 |
1.38 |
|
000333 |
837 |
2.15 |
600276 |
257 |
1.1 |
|
600031 |
503 |
3.45 |
000858 |
255 |
0.4 |
|
300450 |
303 |
3.56 |
002460 |
224 |
2.01 |
*Index Futures
|
Position of Top 20 members (Unit lots) |
||||||
|
CSI 300 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IF2203 |
93,804 |
-65,713 |
24,055 |
-18,538 |
24,486 |
-17,110 |
|
IF2204 |
103,083 |
20,261 |
59,780 |
16,305 |
63,703 |
15,486 |
|
IF2206 |
53,877 |
-8,291 |
50,955 |
2,743 |
64,092 |
1,259 |
|
IF2209 |
13,904 |
-3,222 |
20,169 |
407 |
25,534 |
159 |
|
SSE 50 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IH2203 |
49,483 |
-30,964 |
12,857 |
-11,506 |
13,781 |
-11,903 |
|
IH2204 |
45,935 |
10,001 |
22,768 |
5,743 |
24,138 |
6,422 |
|
IH2206 |
32,666 |
-1,145 |
25,145 |
2,337 |
32,746 |
3,655 |
|
IH2209 |
11,959 |
-479 |
13,049 |
600 |
18,325 |
772 |
|
CSI 500 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IC2203 |
85,540 |
-45,536 |
20,468 |
-22,065 |
20,083 |
-20,749 |
|
IC2204 |
92,571 |
21,639 |
75,173 |
16,830 |
72,737 |
16,549 |
|
IC2206 |
46,216 |
-16,489 |
83,721 |
-1,944 |
99,606 |
-2,531 |
|
IC2209 |
29,781 |
486 |
68,948 |
4,322 |
76,569 |
4,326 |
*Index Options
|
Position of Top 20 members (Unit lots) |
||||||
|
CSI 300 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IO2203 |
232903 |
-95358 |
62312 |
-6941 |
70980 |
-10054 |
|
IO2204 |
127677 |
-17459 |
56680 |
3854 |
59370 |
3516 |
*Treasury Futures
|
Position of Top 20 members (Unit lots) |
||||||
|
2-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
TS2206 |
21,594 |
-15,681 |
35,052 |
685 |
36,923 |
1,484 |
|
5-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
TF2206 |
58,479 |
-61,170 |
82,259 |
-519 |
82,342 |
-1,144 |
|
10-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
T2206 |
108,665 |
-86,230 |
129,039 |
-784 |
138,779 |
1,103 |
|
T2209 |
7,694 |
-3,943 |
10,008 |
288 |
10,393 |
377 |
*Night Session Commodities Market (As of 02:30 am)
|
Top 3 Gainers (Dominant Contract) |
|||||
|
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
|
Low Sulfur Fuel Oil |
lu2205 |
4,876.0 |
+7.57% |
34,938 |
9,895 |
|
Crude Oil |
sc2204 |
653.6 |
+5.86% |
59,621 |
21,674 |
|
LPG |
pg2204 |
6,080.0 |
+3.07% |
46,848 |
24,690 |
|
Top 3 Loser (Dominant Contract) |
|||||
|
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
|
Nickel |
ni2204 |
217,790.0 |
-1.64% |
76,052 |
53,360 |
|
Thermal Coal |
zc205 |
808.0 |
-0.96% |
369 |
4,479 |
|
PVC |
v2205 |
8,983.0 |
-0.76% |
394,396 |
333,865 |
Commodities (night session):
* Global crude oil price rose collectively. May NYMEX crude oil contract surged 9.06% to closed at $102.07/b, June Brent contract soared 8.65% to closed at $103.91/b. INE crude oil active contract rose 5.86% to closed at 653.6 yuan/b.
* Gold price rebounded amid weakening USD. COMEX gold active contract closed at $1943/oz (up 1.77%), SHFE gold active contract closed at 396.72 yuan/gram (up 1.04%).
* Metals performed mixed. LME nickel slumped 8%, aluminum up 3.82%, copper up 1.98%. SHFE aluminum up 1.67%, copper up 0.82%, bonded copper up 1.49%.
* Commodity futures mostly closed up, Energy & chemistry futures performed strong, low sulfur fuel oil rose 7.57%, LPG rose 3.07%. Black series mostly went up, coking coal up 3.06%, iron ore up 2.73%, thermal coal down 0.96%. Agriculture futures mostly went up as well, corn starch up 0.96%, cotton yarn up 0.87%.
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.
