DZ20220627
*Key points
Policy
*CSRC has approved decision on revision of connect rules between mainland and HongKong stock market, to take effect from July 25th and to tighten regulation on so called “fake foreign fund”.
*CSRC announced to officially add ETF into connect trading and the underlying list to be semi-annually adjusted.
*Shenzhen Stock Exchange issued notice to further support corporate development to better serve real economy which support accelerated issuance of local government special bonds, corporate bond by airline firms and asset securitization products by logistics, transportation, energy and info network firms.
*CSRC issued provisional administrative regulation on public placement of securities investment fund by personal pension fund which to include funds with scale no lower than cny 50mio in recent 4 quarters for the first stage of trial and to further expand product range after, Securities Journal reported.
Financials
*Wang Yiming, member of PBoC monetary policy committee said to enhance fiscal policy with upward adjustment of deficit level or issuance of special treasury bonds taken into consideration.
June 24th Block Trade
*Block Trade Info
*Discount
- Sinofibers Tech (300777 CH) saw 1 block trade worth 146mn at 37.46yuan per share, 23.21 discount from last closing.
- Avic Optronic Tech (002179 CH) saw 2 block trades worth 55mn at 61.07yuan per share, 4.58 discount from last closing.
- Zhefu Holding (002266 CH) saw 2 block trades worth 114mn at 4.72yuan per share, 0.21 discount from last closing.
- Tecon Biology (002100 CH) saw 4 block trades worth 48mn at 9.68yuan per share, 1.48 discount from last closing.
- Pharmaron (300759 CH) saw 2 block trades worth 88mn at 92.54 yuan per share, 0.51 discount from last closing.
- Ja Solar Tech (002459 CH) saw 3 block trades worth 124mn at 71.01 yuan per share, 7.01 discount from last closing.
- Huali Industrial (300979 CH) saw 25 block trades worth 159mn at 69.4 yuan per share, 9.58 discount from last closing.
*Flat
- Luxshare Precision (002475 CH) saw 4 block trades worth 46mn at 32.41 yuan per share, 0.00 discount from last closing.
*Margin Trade
Total Margin Balance |
1.4869 trillion |
Total Short Selling Balance |
92.8 billion |
SH Margin Balance |
0.7991 trillion |
SH Short Selling Balance |
59.5billion |
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
600089 |
156mio |
510500 |
22.61mio |
600418 |
143mio |
601901 |
7.41mio |
688047 |
133mio |
688538 |
4.71mio |
601788 |
118mio |
600010 |
4.46mio |
600256 |
111mio |
510300 |
4.3mio |
SZ Margin Balance |
0.6878 trillion |
SZ Short Selling Balance |
33.3 billion |
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
002049 |
220mio |
002340 |
4.11mio |
002450 |
220mio |
002617 |
0.97mio |
002340 |
161mio |
002709 |
0.91mio |
002182 |
120mio |
300058 |
0.89mio |
000858 |
118mio |
002179 |
0.88mio |
*Connection Trade
SH-HK Connection (bn cny) |
SZ-HK Connection (bn cny) |
||||
Northbound Net Cash Flow |
+4.5 |
Northbound Net Cash Flow |
+5.1 |
||
Southbound Net Cash Flow |
+1.1 |
Southbound Net Cash Flow |
+1.9 |
||
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 |
600519 |
1475 |
0.6 |
002050 |
364 |
3.95 |
000651 |
1225 |
6.47 |
600089 |
350 |
3.57 |
603259 |
904 |
3.75 |
601899 |
237 |
1.24 |
300059 |
713 |
2.59 |
002466 |
232 |
1.32 |
601012 |
561 |
1.20 |
000001 |
209 |
0.76 |
*Index Futures
Position of Top 20 members (Unit lots) |
||||||
CSI 300 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IF2207 |
123,231 |
-399 |
61,764 |
-120 |
67,989 |
-658 |
IF2209 |
38,564 |
527 |
57,307 |
-52 |
70,085 |
-16 |
IF2212 |
8,868 |
1,793 |
20,584 |
1,064 |
21,280 |
695 |
SSE 50 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IH2207 |
65,573 |
1,569 |
39,636 |
845 |
46,361 |
558 |
IH2209 |
25,470 |
3,554 |
24,784 |
296 |
33,349 |
-490 |
IH2212 |
6,547 |
427 |
8,936 |
111 |
9,913 |
172 |
CSI 500 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IC2207 |
115,554 |
-8,374 |
94,551 |
-1,161 |
93,334 |
-212 |
IC2209 |
43,109 |
-6,477 |
100,532 |
-2,302 |
108,405 |
-1,815 |
IC2212 |
22,505 |
1,853 |
69,172 |
1,772 |
67,160 |
1,312 |
*Index Options
Position of Top 20 members (Unit lots) |
||||||
CSI 300 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IO2207 |
216129 |
39536 |
70156 |
652 |
72525 |
-789 |
IO2209 |
12542 |
4088 |
26522 |
257 |
29601 |
407 |
*Treasury Futures
Position of Top 20 members (Unit lots) |
||||||
2-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TS2209 |
43,899 |
-941 |
38,886 |
1,296 |
42,579 |
574 |
5-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TF2209 |
53,224 |
3,237 |
82,041 |
11 |
87,382 |
2,236 |
10-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
T2209 |
115,468 |
22,478 |
138,706 |
3,456 |
143,793 |
1,990 |
T2112 |
6,423 |
3,076 |
10,911 |
956 |
11,193 |
1,010 |
*Night Session Commodities Market (As of 02:30 am)
Top 3 Gainers (Dominant Contract) |
|||||
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
Bitumen |
BU2209 |
4,503.0 |
+2.53% |
377,204 |
458,103 |
Low Sulfur Fuel Oil |
LU2208 |
6,006.0 |
+2.32% |
36,918 |
20,313 |
Iron Ore |
I2209 |
762.5 |
+2.28% |
332,071 |
599,754 |
Top 3 Loser (Dominant Contract) |
|||||
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
Tin |
SN2207 |
202,120.0 |
-5.76% |
78,408 |
27,083 |
Zinc |
ZN2208 |
23,330.0 |
-4.87% |
310,795 |
110,866 |
Nickel |
NI2207 |
172,800.0 |
-4.34% |
78,058 |
45,055 |
Commodities (night session):
* Global crude oil price closed up collectively. August NYMEX crude oil contract up 2.68% to closed at $107.06/b, August Brent contract up 1.82% to closed at $108.40/b. INE crude oil active contract up 0.92% to 694.1 yuan/b.
* Precious metals closed down collectively. COMEX gold active contract down 0.09% to closed at $1828.1/oz, SHFE gold active contract down 0.36% to closed at 394.36 yuan/gram.
* Metals closed down collectively. LME nickel down 8.06%, LME tin down 6.71%, LME zinc down 4.17%, LME copper down 1.03%. SHFE tin down 5.76%, SHFE zinc down 4.84%, SHFE nickel down 4.34%, SHFE copper down 1.52%.
* Commodity futures closed up mostly, energy & chemistry futures showed a strong trend, bitumen up 2.53%, fuel oil up 2.19%, LPG up 1.24%. Black series went up collectively, iron ore up 2.28%, hot-rolled coil up 1%, steel rebar up 0.83%. Agriculture futures mostly closed up, soybean meal up 0.92%, rapeseed meal up 0.72%.
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.