DZ20220328
*Key points
China-U.S. relationship
*China Securities Regulatory Commission told a Sunday meeting of overseas listed Chinese companies and investment institutions that both sides showed a proactive willingness and pragmatic attitude toward solving issues, China Securities Journal reported citing a person close to the regulator.
Financials
*China industrial profit up 5% y/y during Jan-Feb with growth up 0.8% vs last Dec, petroleum and natural gas saw profit up by 1.57X y/y, according to NBS.
*CSRC plans to issue a batch of measures to further expanded bond financing channels of private enterprises, including 1) issuance of tech innovation corporate bond; 2) further optimize financing service mechanism; 3) well play market role of credit enhancement; 4) facilitate mechanism of repo financing; 5) encourage investment of private enterprises by securities fund institutions.
*The State Council said to complete raising of financial stability fund by end Sept with opinions to diversify work arrangement issued which emphasized risk prevention and disposal in economic financial fields.
Industrial Economy
*As pointed out by Xin Guobing, vice head of MIIT that the issue of rising price of power battery raw materials requires further attentions and shall enhance systematic research, optimize supporting policy system, accelerate smart and internet development, optimize rules and regulation to improve quality.
*U.S. FCC added Russia Kaspersky Lab, China Telecom (Americas corp) and China Mobile (Americas corp) into list of telecom servers in threats to U.S. national security whose equipment is prohibited to be used in U.S. telecom network and firms like Huawei, ZTE and Hikvision are already on the list.
Co Focus
*The recommended retail price of 8th generation of Wuliangye been lifted from 1399yuan per bottle to 1499yuan, hold flat to retail price of Feitian Moutai at 53 degree, which has been confirmed by someone familiar with this matter, Shanghai Securities Journal reported.
*Longi (601012 CH) further adjusted up price of two different types of monocrystalline products by 1.8%-1.9%.
*Block Trade Info
*Discount
- Chiway Industry (002374 CH) saw 2 block trades worth 56mn at 5.1yuan per share, 7.44pct discount from last closing.
- Zqgame Co (300052 CH) saw 4 block trades worth 98mn at 25.16yuan per share, 0.04pct discount from last closing.
- Yango Group (000671 CH) saw 3 block trades worth 61mn at 3.59yuan per share, 6.99 discount from last closing.
- Salt Lake (601127 CH) saw 16 block trades worth 640mn at 31.27yuan per share, 1.13pct discount from last closing.
- Tianfeng Securities (601162 CH) saw 5 block trades worth 136mn at 3.39yuan per share, 1.17pct discount from last closing.
- Tom Culture (300459 CH) saw 3 block trade worth 32mn at 3.84yuan per share, 8.21pct discount from last closing.
*Flat
- Hikvision Digital (002415 CH) saw 1 block trade worth 82mn at 41.06yuan per share, 0.00pct discount from last closing.
*Premium
- Lead Intelligent Equip (300450 CH) saw 3 block trades worth 25mn at 58.51yuan per share, 1.4pct discount from last closing.
*Margin Trade
|
Total Margin Balance |
1.5913 trillion |
Total Short Selling Balance |
93.7 billion |
|
SH Margin Balance |
0.8374 trillion |
SH Short Selling Balance |
60.1 billion |
|
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
|
601607 |
241mio |
512100 |
210mio |
|
688599 |
139mio |
601288 |
90.3mio |
|
600511 |
136mio |
600733 |
78.8mio |
|
600016 |
116mio |
601169 |
60.1mio |
|
603259 |
106mio |
510500 |
51.7mio |
|
SZ Margin Balance |
0.7498 trillion |
SZ Short Selling Balance |
32 billion |
|
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
|
002020 |
204mio |
000063 |
1.89mio |
|
000792 |
192mio |
000665 |
1.42mio |
|
002326 |
119mio |
002736 |
1.41mio |
|
002013 |
112mio |
000783 |
1.06mio |
|
000937 |
101mio |
000552 |
0.98mio |
*Connection Trade
|
SH-HK Connection (bn cny) |
SZ-HK Connection (bn cny) |
||||
|
Northbound Net Cash Flow |
-0.78 |
Northbound Net Cash Flow |
-2.3 |
||
|
Southbound Net Cash Flow |
-1.5 |
Southbound Net Cash Flow |
-1.8 |
||
|
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 |
|
600547 |
196 |
2.58 |
600519 |
629 |
0.29 |
|
601899 |
187 |
0.78 |
000858 |
320 |
0.51 |
|
600048 |
172 |
0.84 |
601919 |
271 |
1.31 |
|
000002 |
169 |
1.00 |
300059 |
269 |
1.15 |
|
002594 |
161 |
0.56 |
002013 |
230 |
5.21 |
*Index Futures
|
Position of Top 20 members (Unit lots) |
||||||
|
CSI 300 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IF2204 |
124,635 |
9,680 |
74,113 |
2,010 |
77,535 |
2,941 |
|
IF2206 |
37,352 |
5,436 |
54,334 |
1,454 |
65,979 |
1,459 |
|
IF2209 |
9,245 |
1,327 |
20,924 |
762 |
26,649 |
852 |
|
SSE 50 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IH2204 |
58,853 |
9,883 |
29,602 |
3,281 |
31,590 |
3,301 |
|
IH2206 |
16,023 |
1,336 |
23,086 |
136 |
30,704 |
362 |
|
IH2209 |
6,409 |
848 |
13,013 |
451 |
17,715 |
422 |
|
CSI 500 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IC2204 |
89,681 |
5,300 |
81,748 |
785 |
78,277 |
194 |
|
IC2206 |
26,511 |
-863 |
84,057 |
-725 |
98,608 |
-334 |
|
IC2209 |
13,335 |
-522 |
73,856 |
1,376 |
81,237 |
1,446 |
*Index Options
|
Position of Top 20 members (Unit lots) |
||||||
|
CSI 300 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IO2204 |
165966 |
34155 |
74027 |
4646 |
81681 |
5295 |
*Treasury Futures
|
Position of Top 20 members (Unit lots) |
||||||
|
2-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
TS2206 |
23,090 |
3,479 |
35,972 |
829 |
37,160 |
637 |
|
5-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
TF2206 |
50,315 |
4,455 |
83,769 |
75 |
88,268 |
2,063 |
|
10-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
T2206 |
88,553 |
-14,075 |
128,173 |
-1,346 |
137,781 |
-707 |
|
T2209 |
6485 |
-288 |
13589 |
857 |
13575 |
618 |
|
Top 3 Gainers (Dominant Contract) |
|||||
|
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
|
EG |
EG2205 |
5,371.0 |
+4.56% |
249,595 |
233,426 |
|
Iron Ore |
I2209 |
862.0 |
+3.48% |
214,860 |
421,529 |
|
Methanol |
MA205 |
3,155.0 |
+2.7% |
431,486 |
583,069 |
|
Top 3 Loser (Dominant Contract) |
|||||
|
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
|
Nickel |
NI2204 |
235,670.0 |
-10.49% |
85,063 |
30,658 |
|
Stainless Steel |
SS2204 |
20,635.0 |
-4.8% |
60,393 |
29,488 |
|
Tin |
SN2205 |
342,000.0 |
-1.09% |
16,288 |
32,098 |
*Night Session Commodities Market (As of 02:30 am)
* Global oil prices mostly closed up as May contract of WTI inched up by 0.23%, quoted at $112.60/barrel. Likewise, June contract of Brent shifted up by 0.95%, closed at $116.39/barrel. For the week ending on March 25, main contracts of WTI and Brent up by 9.22% and 10.65% WoW respectively.
* COMEX gold futures closed lower to $1,957.6 per ounce with 0.23% decline, while COMEX silver futures settled at $25.725 per ounce with 0.75% decrease. For the week ending on March 25, COMEX gold and silver futures up by 1.47% and 2.54% WoW respectively.
* For the night session of March 28, commodities market mostly closed up with chemical and energy sector leading the upside. EG rose the most with more than 4% increase, methanol and soda ash shifted 2.7% and 1.29% higher respectively. Black series mostly closed up for iron ore settled with 3.48% increase. In terms of agricultural products, soybean meal and rapeseed meal both slipped slightly lower with 0,66% and 0.4% decline.
* LME metals closed mixed with LME copper fell by 0.70% to $102,77/ton, LME zinc up by 1.02% to $4,080/ton, LME nickel slumped by 2.51% to $36,300/ton, LME aluminum up by 0.04% to $3,625/ton, LME tin shifted 1% lower to $42,300/ ton, while LME lead closed up with 1.02% increase to $2,332/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.
