DZ20220429
*Key points
Financials
*China to cut stock transaction transfer fee by 50% from April 29th to 0.01‰ for both parties, according to CSDCC.
*PBoC set tech innovation relending quota for one-year at cny 200bn with an interest rate of 1.75% and can be extended twice to 21 financial institutions , including policy banks and commercial banks for tech innovation support.
Industrial
*China cut coal imports tariffs to zero to boost supply from May 1st 2022 to March 31st 2023, announced by MoF.
Co Focus
*Huawei realized sales income of cny 131bn in Q1 with net profit margin of 4.3% with overall results meet expectation, consumer business under impact and ICT infra business saw stable growth, as said by president on shift.
*Huawei issued new generation mobile phone Mate Xs2 with foldable screen and sales price 9999yuan min, Securities Journal reported.
*Moutai clarified rumors saying sales of Feitian Moutai on its e-platform named as iMoutai which to be officially launched on May 19th with no details confirmed.
*Block Trade Info
*Discount
- Zijin Mining Group (601899 CH) saw 4 block trades worth 38mn at 10.8yuan per share, 0.83 discount from last closing.
- Zhimingda (688636 CH) saw 3 block trades worth 20mn at 81.07 yuan per share, 0.77pct premium from last closing.
- Solartron Tech (688299 CH) saw 3 block trades worth 23mn at 14.25 yuan per share, 8.34 discount from last closing.
- Tongfang Co (600100 CH) saw 2 block trades worth 102mn at 4.02 yuan per share, 3.83pct discount from last closing.
- Macalline (002032 CH) saw 4 block trades worth 83mn at 4.61 yuan per share, 8.94pct discount from last closing.
*Flat
- DHC Software Co (002065 CH) saw 1 block trade worth 29mn at 5.58 yuan per share, 0.00pct discount from last closing.
*Premium
- Peacebird Fashion (603877 CH) saw 3 block trades worth 17mn at 17yuan per share, 1.55 premium from last closing.
*Margin Trade
|
Total Margin Balance |
1.4540 trillion |
Total Short Selling Balance |
78.6 billion |
|
SH Margin Balance |
0.7744 trillion |
SH Short Selling Balance |
49.7 billion |
|
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
|
601390 |
232mio |
600789 |
3.77mio |
|
600062 |
145mio |
688538 |
3.64mio |
|
601318 |
73mio |
601005 |
3.48mio |
|
688180 |
69mio |
601988 |
2.75mio |
|
603589 |
62mio |
600029 |
1.61mio |
|
SZ Margin Balance |
0.6701 trillion |
SZ Short Selling Balance |
28.2 billion |
|
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
|
002176 |
68mio |
000656 |
0.94mio |
|
000402 |
67mio |
000552 |
0.88mio |
|
300015 |
62mio |
002624 |
0.87mio |
|
000932 |
61mio |
000961 |
0.86mio |
|
300316 |
54mio |
300059 |
0.83mio |
*Connection Trade
-Southbound trading was suspended on Apr 28th.
|
SH-HK Connection (bn cny) |
SZ-HK Connection (bn cny) |
||||
|
Northbound Net Cash Flow |
+0.5 |
Northbound Net Cash Flow |
-1.1 |
||
|
Southbound Net Cash Flow |
/ |
Southbound Net Cash Flow |
/ |
||
|
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 |
|
300124 |
512 |
4.22 |
000475 |
267 |
1.36 |
|
600036 |
434 |
0.55 |
600111 |
153 |
1.37 |
|
600519 |
376 |
0.17 |
601668 |
150 |
0.62 |
|
601012 |
371 |
1.12 |
000983 |
143 |
2.66 |
|
600031 |
358 |
2.7 |
600056 |
136 |
6.29 |
*Index Futures
|
Position of Top 20 members (Unit lots) |
||||||
|
CSI 300 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IF2205 |
135,358 |
-23,871 |
60,829 |
-5,350 |
61,640 |
-6,198 |
|
IF2206 |
49,665 |
-6,393 |
54,861 |
254 |
66,745 |
-816 |
|
IF2209 |
17,724 |
-1,598 |
34,397 |
85 |
42,983 |
-699 |
|
SSE 50 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IH2205 |
63,157 |
-9,958 |
26,834 |
-3,132 |
29,251 |
-3,505 |
|
IH2206 |
26,001 |
-3,534 |
25,070 |
402 |
32,805 |
-587 |
|
IH2209 |
11,408 |
-926 |
19,192 |
-382 |
27,310 |
-332 |
|
CSI 500 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IC2205 |
146,395 |
-26,473 |
84,075 |
-1,251 |
84,502 |
-2,990 |
|
IC2206 |
66,711 |
-11,365 |
91,521 |
-335 |
107,432 |
-300 |
|
IC2209 |
28,605 |
-9,083 |
81,752 |
-863 |
89,424 |
-1,451 |
|
IC2212 |
15,630 |
-1,286 |
16,424 |
1,206 |
17,035 |
1,867 |
*Index Options
|
Position of Top 20 members (Unit lots) |
||||||
|
CSI 300 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IO2205 |
158795 |
-46087 |
77806 |
-2359 |
85831 |
-2784 |
|
IO2206 |
33582 |
2481 |
37332 |
1794 |
43535 |
1630 |
*Treasury Futures
|
Position of Top 20 members (Unit lots) |
||||||
|
2-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
TS2206 |
37,929 |
-1,950 |
32,089 |
-1,770 |
34,074 |
-2,488 |
|
5-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
TF2206 |
50,031 |
2,363 |
77,240 |
-290 |
82,782 |
-1,689 |
|
TF2209 |
6,473 |
2,008 |
10,827 |
1,276 |
10,944 |
1,450 |
|
10-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
T2206 |
102,354 |
4,201 |
128,323 |
-537 |
125,031 |
-335 |
|
T2209 |
17,454 |
390 |
30,053 |
2,418 |
33,215 |
3,350 |
*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 |
lu2207 |
5,342.0 |
+4.44% |
39,767 |
22,014 |
|
Fuel Oil |
fu2209 |
4,230.0 |
+3.75% |
412,723 |
345,455 |
|
EG |
eg2209 |
4,918.0 |
+3.28% |
218,893 |
283,706 |
|
Top 3 Loser (Dominant Contract) |
|||||
|
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
|
Coking Coal |
jm2209 |
2,759.0 |
-2.39% |
37,354 |
39,405 |
|
Stainless Steel |
ss2206 |
19,195.0 |
-1.46% |
42,200 |
57,399 |
|
Coke |
j2209 |
3,503.0 |
-1.38% |
17,466 |
27,980 |
Commodities (night session):
* Global crude oil price rose collectively. June NYMEX crude oil contract up 3.12% to closed at $105.2/b, July Brent contract up 2.2% to closed at $107.26/b. INE crude oil active contract up 2.95% to 669.9 yuan/b.
* COMEX gold active contract rose 0.33% to closed at $1895/oz, SHFE gold active contract closed at 403.26 yuan/gram (up 1.05%).
* Metals mostly closed down. LME aluminum down 1.73%, copper down 0.93%. SHFE aluminum down 0.36%, copper down 0.01%, bonded copper up 0.09%.
* Commodity futures mostly closed up, Energy & chemistry futures saw strong performance, low sulfur fuel oil up 4.44%, fuel oil up 3.75%, EG up 3.28%. Black series performed mixed, coking coal down 2.39%, coke down 1.38%, whereas iron ore up 1.32%. Agriculture futures most rose, RBD palm olein up 1.41%, rapeseed meal up 1.27%.
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.
