DZ20220701
*Key points
Policy
*Premier Li Keqiang chaired State Council general meeting which confirmed to support construction of major projects via policy and development financial tools (cny 300bn to be raised through issuance of financial bonds) to expand effective investment to promote employment and consumption. Besides, central fiscal authority to provide proper interest discount.
*NDRC held meeting regarding project promotion at early-stage in accelerated pace which emphasized to effectively promote construction of major projects in order and to expand effective investment. Infrastructure construction to be enhanced and investment of manufacturing and high-tech industries to be expanded.
Financials
*Shanghai Stock Exchange announced to further play the function of asset securitization and support enterprises to liquidize remnant asset.
Co Focus
*China Tourism Group Duty Free (601888 CH) has submitted application for H-shr listing, according to HKEX.
June 30th Block Trade
*Block Trade Info
*Discount
- Zijin Mining (601899 CH) saw 2 block trades worth 30mn at 8.81yuan per share, 5.63 discount from last closing.
- Solartron Tech (688299 CH) saw 2 block trades worth 49mn at 14.64yuan per share, 19.78 discount from last closing.
- Yulong Gold Co (601028 CH) saw 4 block trades worth 53mn at 16.87yuan per share, 5.01 discount from last closing.
- Salt Lake (000792 CH) saw 5 block trades worth 104mn at 29.7 yuan per share, 0.88 discount from last closing.
- Toly Bread (603866 CH) saw 25 block trades worth 97mn at 14.91 yuan per share, 9.91 discount from last closing.
- Ninebot Limited(689009 CH) saw 9 block trades worth 200mn at 40 yuan per share, 10.11 discount from last closing.
- Giant Network (002558 CH) saw 5 block trades worth 48mn at 8.32yuan per share, 9.11 discount from last closing.
- Asymchem Laboratories (002821 CH) saw 8 block trades worth 345mn at 266.5yuan per share, 7.79 discount from last closing.
*Margin Trade
Total Margin Balance |
1.5098 trillion |
Total Short Selling Balance |
93.6 billion |
SH Margin Balance |
0.8102 trillion |
SH Short Selling Balance |
60.8 billion |
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
601012 |
360mio |
600929 |
4.97mio |
601009 |
274mio |
600415 |
3.26mio |
600418 |
232mio |
688599 |
2.81mio |
600438 |
212mio |
601901 |
2.56mio |
601615 |
207mio |
601988 |
2.38mio |
SZ Margin Balance |
0.6996 trillion |
SZ Short Selling Balance |
32.7 billion |
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
002129 |
455mio |
000630 |
2.23mio |
000625 |
289mio |
002340 |
2.09mio |
002460 |
182mio |
300398 |
2.08mio |
002407 |
153mio |
300328 |
1.49mio |
000768 |
149mio |
000932 |
1.40mio |
*Connection Trade
Nouthbound trading was suspended on June 30th
SH-HK Connection (bn cny) |
SZ-HK Connection (bn cny) |
||||
Northbound Net Cash Flow |
- |
Northbound Net Cash Flow |
- |
||
Southbound Net Cash Flow |
+3.5 |
Southbound Net Cash Flow |
+4.0 |
||
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 |
*Index Futures
Position of Top 20 members (Unit lots) |
||||||
CSI 300 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IF2207 |
125,322 |
208 |
65,596 |
-287 |
69,530 |
-1,024 |
IF2209 |
38,613 |
2,706 |
57,973 |
419 |
71,686 |
684 |
IF2212 |
9,437 |
534 |
21,612 |
336 |
22,437 |
190 |
SSE 50 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IH2207 |
66,426 |
4,290 |
40,863 |
-10 |
48,072 |
-368 |
IH2209 |
25,003 |
4,930 |
26,286 |
559 |
34,281 |
146 |
IH2212 |
6,365 |
-249 |
7,959 |
-326 |
9,252 |
-255 |
CSI 500 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IC2207 |
121,255 |
3,655 |
91,949 |
-4,523 |
89,680 |
-3,363 |
IC2209 |
44,052 |
3,499 |
98,400 |
-761 |
106,665 |
159 |
IC2212 |
18,858 |
-1,314 |
69,621 |
-130 |
68,852 |
513 |
*Index Options
Position of Top 20 members (Unit lots) |
||||||
CSI 300 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IO2207 |
217730 |
28144 |
73546 |
1275 |
80883 |
1039 |
IO2209 |
16165 |
6442 |
27947 |
291 |
30273 |
-158 |
*Treasury Futures
Position of Top 20 members (Unit lots) |
||||||
2-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TS2209 |
50,274 |
-8,110 |
38,650 |
218 |
41,032 |
970 |
5-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TF2209 |
57,842 |
-5,982 |
80,551 |
772 |
85,424 |
-645 |
10-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
T2209 |
116,239 |
-6,171 |
135,163 |
960 |
139,201 |
785 |
T2212 |
7,561 |
1,052 |
13,738 |
1,173 |
14,666 |
504 |
*Night Session Commodities Market (As of 02:30 am)
Top 3 Gainers (Dominant Contract) |
|||||
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
Rapeseed Meal |
RM301 |
2,839.0 |
+0.14% |
142,226 |
198,479 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Top 3 Loser (Dominant Contract) |
|||||
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
Iron Ore |
I2209 |
759.0 |
-5.42% |
305,227 |
617,541 |
Coking Coal |
JM2209 |
2,305.0 |
-5.1% |
33,198 |
45,589 |
Crude Oil |
SC2208 |
701.2 |
-4.55% |
175,339 |
29,655 |
Commodities (night session):
* Global crude oil price closed down collectively. August NYMEX crude oil contract down 3.43% to closed at $106.01/b, September Brent contract down 2.89% to closed at $109.20/b. INE crude oil active contract down 4.55% to 701.2 yuan/b.
* Precious metals closed down collectively. COMEX gold active contract down 0.52% to closed at $1808/oz, SHFE gold active contract down 0.84% to closed at 390.30 yuan/gram.
* Metals closed down collectively. LME zinc down 6.47%, LME nickel down 4.51%, LME copper down 1.95%, LME aluminum down 1.09%. SHFE zinc down 3.94%, SHFE tin down 3.49%, SHFE nickel down 1.99%, SHFE copper down 1.76%.
* Commodity futures down collectively, energy & chemistry futures showed a weak performance, fuel oil down 3.95%, bitumen down 2.44%, methanol down 1.74%. Black series went down collectively, iron ore down 5.42%, coking coal down 5.1%, coke down 2.27%, steel rebar down 1.37%. Agriculture futures closed down collectively, RBD palm oil down 3.5%, soybean oil down 2.25%, rapeseed oil down 1.64%, No.2 soybean down 1.47%.
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.