DZ20220520
*Key points
International Relationship
*China is in talk with Russia to buy oil for strategic reserves, Bloomberg reported.
Industrial Economy
*Premier Li Keqiang emphasized during investigation in Yunnan province that stable energy supply is significant for stabilizing product price and no power switch-off or rationing allowed in 2022. Advantage of water power generation shall be well used and water conservancy projects well implemented.
*CPCAAUTO: NEV sales in April of 17.6k units, up 51% y/y with accumulated sales of 58.3k units in Jan-April, up 84% y/y.
*MIIT: China Jan-April baijiu production reached 2.609mio kl, up 4.2% y/y, beer production down 6.2% y/y and wine production down by 32.3% y/y. April baijiu production of 578k kl, down 4% y/y.
Co Focus
*CATL acquired license from German Federal Ministry of Transport for R100.03 power battery system issued by ECE for the first time.
*WTO added Cansino produced covid-19 vaccines into emergency use listing.
*Block Trade Info
*Discount
- Southern Power Energy (003035 CH) saw 8 block trades worth 37mn at 5.32yuan per share, 9.98 discount from last closing.
- SMIC (688981 CH) saw 2 block trade worth 54mn at 41.21yuan per share, 2.9 discount from last closing.
- Gaoce Tech (688556 CH) saw 10 block trades worth 186mn at 80.04yuan per share, 8.00 discount from last closing.
*Flat
- Zhongli Group (601899 CH) saw 4 block trades worth 68mn at 9.72yuan per share, 0.00 discount from last closing.
- Wuliangye (000858 CH) saw 1 block trade worth 78mn at 153.52yuan per share, 0.00 discount from last closing.
- S.F. Holding (002352 CH) saw 15 block trades worth 373mn at 47.21yuan per share, 0.00 discount from last closing.
- Midea Group (000333 CH) saw 2 block trades worth 21mn at 55.91yuan per share, 0.00 discount from last closing.
- Beijing-Shanghai High Speed (601816 CH) saw 2 block trades worth 1684mn at 4.5 yuan per share, 0.00 discount from last closing.
*Margin Trade
|
Total Margin Balance |
1.4467 trillion |
Total Short Selling Balance |
79.3 billion |
|
SH Margin Balance |
0.7773 trillion |
SH Short Selling Balance |
52.7 billion |
|
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
|
600418 |
136mio |
601988 |
5.22mio |
|
600887 |
131mio |
600010 |
3.56mio |
|
601012 |
130mio |
600050 |
2.82mio |
|
603986 |
126mio |
688538 |
2.45mio |
|
601166 |
94mio |
600418 |
2.3mio |
|
SZ Margin Balance |
0.6695 trillion |
SZ Short Selling Balance |
26.6 billion |
|
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
|
002466 |
315mio |
002600 |
2.88mio |
|
002407 |
145mio |
003035 |
1.83mio |
|
000792 |
125mio |
000100 |
1.64mio |
|
000932 |
97mio |
300088 |
1.1mio |
|
300118 |
70mio |
000591 |
1.09mio |
*Connection Trade
|
SH-HK Connection (bn cny) |
SZ-HK Connection (bn cny) |
||||
|
Northbound Net Cash Flow |
+2.7 |
Northbound Net Cash Flow |
+2.4 |
||
|
Southbound Net Cash Flow |
+2.1 |
Southbound Net Cash Flow |
+3.2 |
||
|
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 |
|
002352 |
579 |
2.65 |
300274 |
269 |
3.1 |
|
002594 |
245 |
0.75 |
600519 |
248 |
0.11 |
|
600900 |
229 |
0.44 |
300672 |
215 |
18.3 |
|
600048 |
216 |
1.08 |
002460 |
153 |
1.51 |
|
601088 |
194 |
0.38 |
002027 |
146 |
1.74 |
*Index Futures
|
Position of Top 20 members (Unit lots) |
||||||
|
CSI 300 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IF2205 |
63,117 |
-21,664 |
19,937 |
-13,878 |
19,810 |
-13,076 |
|
IF2206 |
102,469 |
29,593 |
87,761 |
14,347 |
98,466 |
15,492 |
|
IF2209 |
23,262 |
7,442 |
42,203 |
2,079 |
50,235 |
1,842 |
|
IF2212 |
5,268 |
1,571 |
9,471 |
658 |
9,327 |
594 |
|
SSE 50 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IH2205 |
28,810 |
-9,061 |
11,094 |
-6,693 |
10,626 |
-6,306 |
|
IH2206 |
43,669 |
9,246 |
38,358 |
2,996 |
45,129 |
3,739 |
|
IH2209 |
12,388 |
2,021 |
19,180 |
269 |
28,697 |
501 |
|
CSI 500 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IC2205 |
67,004 |
-13,693 |
22,511 |
-14,546 |
21,602 |
-14,010 |
|
IC2206 |
123,496 |
40,372 |
125,784 |
18,447 |
136,719 |
20,016 |
|
IC2209 |
32,839 |
7,694 |
89,081 |
3,523 |
96,817 |
3,993 |
|
IC2212 |
14,303 |
2,799 |
33,178 |
790 |
32,422 |
1,260 |
*Index Options
|
Position of Top 20 members (Unit lots) |
||||||
|
CSI 300 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IO2205 |
167432 |
4883 |
64480 |
-3934 |
71130 |
-3326 |
|
IO2206 |
63338 |
13214 |
57298 |
2296 |
65575 |
2316 |
*Treasury Futures
|
Position of Top 20 members (Unit lots) |
||||||
|
2-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
TS2206 |
8,564 |
-5,750 |
16,535 |
-1,319 |
16,550 |
-1,444 |
|
TS2209 |
27,485 |
6,480 |
28,876 |
2,243 |
32,837 |
2,835 |
|
5-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
TF2206 |
27,666 |
-13,200 |
32,421 |
-3,030 |
33,150 |
-5,396 |
|
TF2209 |
73,226 |
18,077 |
66,749 |
8,451 |
74,211 |
8,986 |
|
10-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
T2206 |
48,012 |
-13,356 |
58,557 |
-7,816 |
56,142 |
-9,110 |
|
T2209 |
102,523 |
24,676 |
104,211 |
9,621 |
105,287 |
9,236 |
*Night Session Commodities Market (As of 02:30 am)
|
Top 3 Gainers (Dominant Contract) |
|||||
|
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
|
Nickel |
ni2206 |
213,410.0 |
+5.11% |
72,021 |
52,229 |
|
Stainless Steel |
ss2206 |
19,025.0 |
+3.06% |
44,284 |
44,885 |
|
Soda Ash |
sa209 |
2,955.0 |
+2.93% |
417,772 |
612,745 |
|
Top 3 Loser (Dominant Contract) |
|||||
|
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
|
Low Sulfur Fuel Oil |
lu2207 |
5826 |
-1.24% |
38,838 |
20,857 |
|
Fuel Oil |
fu2209 |
4,126.0 |
-1.24% |
369,313 |
343,764 |
|
LLDPE |
l2209 |
8,575.0 |
-0.74% |
157,721 |
303,777 |
Commodities (night session):
* Global crude oil price rose collectively. June NYMEX crude oil contract up 2.08% to closed at $109.27/b, July Brent contract up 2.19% to closed at $111.50/b. INE crude oil active contract up 1.14% to 702.5 yuan/b.
* COMEX gold active contract rose 1.34% to closed at $1840.3/oz, SHFE gold active contract closed at 397.1 yuan/gram (up 0.55%).
* Metals all closed up. LME aluminum up 2.82%, copper up 2.22%. SHFE aluminum up 2.06%, nickel up 5.11%.
* Commodity futures mostly went up, Energy & chemistry futures saw strong performance, soda ash up 2.93%, methanol up 2.48%. Black series all rose up, iron ore up 2.88%, coking coal up 1.74%. Agriculture futures performed mixed, soybean meal up 0.99%, corn starch down 0.21%.
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.
