DZ20220518

 

*Key points

Financials

*As article published on Qiushi magazine suggests the basic framework of financial stability security fund been established with cny 64.6bn raised. Deposit insurance system was enhanced with administrative method of insurance and trust funds to be optimized, Shanghai Securities Journal reported.

*MoF: accumulated stamp tax income of securities trading was cny 125bn in Jan-April, up 21.9% y/y.

 

Industrial Economy

*CPPCC held special conference in promoting sustainable healthy development of digital economy and as pointed out by vice premier Liu He that government to support development of platform and private economy as well as listing of digital companies in both domestic and overseas capital market.

*The automobile go-to-countryside policy likely to be issued in early June, according to someone familiar with this matter and vehicles priced under cny 150k are encouraged with subsidy of cny 3k-5k per unit. As predicted by industrial experts, sales of fuel consuming vehicles and NEV to be driven by 200k-300k and 300k-500k units respectively, China Securities Journal reported.

 

*Block Trade Info

*Discount

- Industrial Bank (601166 CH) saw 1 block trade worth 50mn at 17.41yuan per share, 11.13 discount from last closing.

- SMIC (688981 CH) saw 2 block trades worth 62mn at 41.35yuan per share, 2.91 discount from last closing.

- Tapai Group (002233 CH) saw 1 block trade worth 20mn at 8.65yuan per share, 1.03 discount from last closing.

- Cybrid Tech (603212 CH) saw 5 block trades worth 25mn at 20.41 yuan per share, 10.36 discount from last closing.

- Pingdingshan Coal (601666 CH) saw 2 block trades worth 42mn at 13.84yuan per share, 4.02 discount from last closing.\

- Dynanonic Co (300769 CH) saw 21 block trades worth 331mn at 246.95yuan per share, 9.82pct discount from last closing.

- Greenland Holdings (300769 CH) saw 2 block trades worth 191mn at 4 yuan per share, 5.88pct discount from last closing.

*Flat

- Chongqing Brewery (600132 CH) saw 2 block trades worth 39mn at 118.8yuan per share, 0.00 discount from last closing.

 

 

 

 

 

*Margin Trade

Total Margin Balance

1.4450 trillion

Total Short Selling Balance

81.8 billion

SH Margin Balance

0.7752 trillion

SH Short Selling Balance

53.7 billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

600720

379mio

600010

6.2mio

688180

194mio

601009

4.87mio

600519

145mio

601988

4.2mio

600606

92mio

600185

2.8mio

600096

89mio

600029

2.7mio

SZ Margin Balance

0.6698 trillion

SZ Short Selling Balance

28.1 billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

002415

177mio

002317

2.71mio

002594

141mio

000725

1.99mio

002056

90mio

300088

1.32mio

002466

84mio

000625

1.12mio

000762

68mio

000009

1.06mio

*Connection Trade

SH-HK Connection (bn cny)

SZ-HK Connection (bn cny)

Northbound Net Cash Flow

+3.3

Northbound Net Cash Flow

+2.7

Southbound Net Cash Flow

+0.6

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

300750

746

0.9

601899

156

0.79

600036

596

0.78

002371

125

1.05

601012

352

0.96

300274

118

1.43

000001

349

1.25

300088

87

5.67

000333

346

0.9

601699

74

1.78

*Index Futures

Position of Top 20 members (Unit lots)

CSI 300 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IF2205

89,922

-7,810

43,716

-4,185

43,960

-4,452

IF2206

56,409

6,152

63,643

5,135

74,039

3,410

IF2209

16,036

-2,594

39,051

-1,146

47,395

-1,126

IF2212

3,820

-1,213

8,889

-14

8,884

90

SSE 50 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IH2205

42,375

-3,533

19,509

-4,950

19,220

-5,264

IH2206

22,010

-612

29,344

129

36,845

-205

IH2209

9,067

-1,603

18,164

-639

27,041

-259

CSI 500 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IC2205

87,651

-7,805

51,307

-7,567

49,551

-7,609

IC2206

63,825

3,885

99,332

4,307

109,464

3,583

IC2209

20,796

-3,202

82,500

696

89,492

1,264

IC2212

9,612

180

30,216

752

29,497

369

*Index Options

Position of Top 20 members (Unit lots)

CSI 300 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IO2205

148916

-4669

73044

-2692

79525

-2357

IO2206

41342

1199

52100

1880

60376

1671

*Treasury Futures

Position of Top 20 members (Unit lots)

2-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TS2206

18,203

-1,595

20,489

-552

20,509

-984

TS2209

16459

4192

24022

868

26888

1517

5-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TF2206

39,714

-9,830

45,082

-2,401

47,237

-3,351

TS2209

28672

4148

48400

4678

53248

4935

10-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

T2206

55,662

-22,613

78,542

-6,184

74,598

-4,930

T2209

49910

622

84129

7739

85807

5259

*Night Session Commodities Market (As of 02:30 am)

Top 3 Gainers (Dominant Contract)

Product

Contract

Price

Change %

Trading Volume

Open Interests

Nickel

NI2206

204,140.0

+2.03%

51,101

54,945

Fuel Oil

FU2209

4,358.0

+1.59%

189,590

370,145

Low Sulfur Fuel Oil

LU2207

6,037.0

+1.56%

27,386

24,894

Top 3 Loser (Dominant Contract)

Product

Contract

Price

Change %

Trading Volume

Open Interests

Methanol

MA209

2,732.0

-1.8%

528,453

760,839

Thermal Coal

ZC209

841.4

-1.73%

1

481

Stainless Steel

SS2206

18,665.0

-1.27%

33,263

51,998

* Global oil prices mostly closed down as June contract of WTI fell by 0.47%, quoted at $113.66/barrel. July contract of Brent shifted lower by 1.3%, closed at $112.75/barrel.

* COMEX gold futures closed lower to $1,813.6 per ounce with 0.02% decline, while COMEX silver futures settled at $21.64 per ounce, added by 0.41%%. US stocks rose sharply weakened the demand of golds, while a weaker dollar limited the decline in gold prices.

* For the night session of May 18, commodity market closed mixed for fuel oil rose the most, added by 1.59%, while methanol fell by 1.8% and closed down. Regarding black series, thermal coal and coking coal fell by 1.73% and 1.03% respectively. Iron ore slipped 0.96% lower as well. In terms of agricultural products, rapeseed meal inched up by 0.83% and palm oil rose by 0.71%.

* LME metals mostly closed up with LME copper rose by 1.06% to $9,336/ton, LME zinc up by 2.48% to $3,652/ton, LME nickel fell by 0.47% to $26,425/ton, while LME aluminum rose by 1.77% to $2,882/ton. LME tin shifted 0.84% higher to $34,150/ ton, and LME lead quoted 0.02% higher at $2,095.5 ton.

 

 

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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.