DZ20220713
*Key points
Policy
*NDRC to encourage employment of citizens in difficulties in 7 key fields including transportation, water conservancy and energy in replacement of subsidies and proportion of labor remuneration will be lifted to over 30% of funds in central budget investment projects.
Industrial Economy
*5 real estate stocks including Evergrande, Sunac and 3 property management stocks been officially deleted from Hang Seng Composite Index from July 11th amid continuous trading suspension.
*Shanghai issued digital economic development plan during the 14th FY which pointed out to promote digital new infrastructure in metaverse field, cultivate new ecology of digital entertainment and consumption, and accelerate R&D of smart internet-connected vehicles as well as its massive production.
*The 7th round of state centralized drug procurement announced bidding results on July 12th with 60 drugs won bids and saw average price reduction by 48% with around cny 18.5bn annual expense to be saved.
*67 domestic online games were approved in July by State Press and Publication Administration with 300052, 1119 and 002174 on the list.
Co Focus
*Moutai announced to transfer 82% stake of "Xi Liquor" to Guizhou SASAC free of charge.
*Alibaba's freshippo is seeking for funds at lower usd 6bn valuation.
*Tianqi Lithium H-shr to get listed on July 13th while its trading in dark pool on July 12th fell by 6.34% below issuance price.
July 12nd Block Trade
*Block Trade Info
*Discount
- Jolly Pharmaceutical (300181 CH) saw 1 block trade worth 133mn at 11.12yuan per share, 3.89 discount from last closing.
-Zijin Bank (601860 CH) saw 11 block trades worth 43mn at 2.82 yuan per share, 8.9 discount from last closing.
- Zijin Mining (601899 CH) saw 62 block trades worth 891mn at 10.05yuan per share, 0.88 discount from last closing.
- Jiangsu Eazytec Co (688258 CH) saw 6 block trades worth 67mn at 37.61yuan per share, 4.5 discount from last closing.
- Chongqing Department Store (600729 CH) saw 22 block trades worth 195mn at 24yuan per share, 7.59 discount from last closing.
*Flat
- Chongqing Brewery (600132 CH) saw 7 block trades worth 91mn at 120.7 yuan per share, 0.00 discount from last closing.
*Premium
- Palm Eco-Town (002431 CH) saw 6 block trades worth 66mn at 4.02yuan per share, 0.36 premium from last closing.
*Margin Trade
Total Margin Balance |
1.5223 trillion |
Total Short Selling Balance |
94.1 billion |
SH Margin Balance |
0.8144 trillion |
SH Short Selling Balance |
60.6 billion |
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
600519 |
124mio |
601788 |
2.67mio |
603259 |
98mio |
600517 |
1.9mio |
600905 |
85mio |
601919 |
1.79mio |
600809 |
74mio |
600150 |
1.73mio |
600062 |
73mio |
601727 |
1.58mio |
SZ Margin Balance |
0.7087 trillion |
SZ Short Selling Balance |
34.1 billion |
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
002466 |
889mio |
002939 |
11.45mio |
300059 |
171mio |
300003 |
2.19mio |
002204 |
132mio |
000728 |
1.97mio |
000404 |
110mio |
300316 |
1.78mio |
000630 |
101mio |
002979 |
1.67mio |
*Connection Trade
SH-HK Connection (bn cny) |
SZ-HK Connection (bn cny) |
||||
Northbound Net Cash Flow |
-1.5 |
Northbound Net Cash Flow |
-2.7 |
||
Southbound Net Cash Flow |
+0.023 |
Southbound Net Cash Flow |
+1.2 |
||
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 |
000625 |
537 |
4.08 |
300274 |
442 |
3.5 |
601012 |
290 |
0.64 |
002371 |
342 |
2.32 |
002709 |
255 |
2.18 |
600887 |
311 |
1.37 |
688390 |
254 |
9.35 |
002475 |
282 |
1.18 |
002466 |
207 |
1.28 |
002129 |
248 |
1.35 |
*Index Futures
Position of Top 20 members (Unit lots) |
||||||
CSI 300 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IF2207 |
108,690 |
-2,417 |
53,370 |
-1,479 |
54,940 |
-1,265 |
IF2208 |
22,310 |
8,318 |
13,987 |
4,340 |
15,440 |
4,622 |
IF2209 |
44,456 |
-1,489 |
60,666 |
335 |
71,936 |
-975 |
IF2212 |
8,814 |
111 |
21,591 |
251 |
23,880 |
533 |
SSE 50 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IH2207 |
52,284 |
499 |
28,700 |
-2,768 |
34,176 |
-4,556 |
IH2209 |
21,367 |
-569 |
23,566 |
-217 |
32,271 |
-364 |
IH2212 |
7,336 |
-428 |
12,217 |
508 |
13,297 |
868 |
CSI 500 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IC2207 |
109,712 |
2,151 |
60,738 |
-9,324 |
59,764 |
-7,985 |
IC2208 |
29,111 |
6,374 |
30,593 |
5,904 |
31,227 |
6,870 |
IC2209 |
50,914 |
7,249 |
105,393 |
2,154 |
111,453 |
2,270 |
IC2212 |
16,569 |
917 |
73,430 |
254 |
72,703 |
164 |
*Index Options
Position of Top 20 members (Unit lots) |
||||||
CSI 300 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IO2207 |
212728 |
-8148 |
59723 |
-1176 |
69650 |
-3893 |
IO2208 |
48289 |
-2952 |
33754 |
3196 |
34942 |
3995 |
IO2209 |
8535 |
-2768 |
30103 |
253 |
33797 |
480 |
*Treasury Futures
Position of Top 20 members (Unit lots) |
||||||
2-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TS2209 |
45,308 |
280 |
42,063 |
510 |
45,329 |
1,303 |
5-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TF2209 |
62,083 |
475 |
81,129 |
2,126 |
85,622 |
2,238 |
10-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
T2209 |
107,434 |
2,122 |
138,109 |
1,554 |
144,105 |
2,558 |
T2212 |
8,476 |
1,319 |
16,696 |
1,027 |
17,491 |
864 |
*Night Session Commodities Market (As of 02:30 am)
Top 3 Gainers (Dominant Contract) |
|||||
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
Glass |
FG209 |
1,557.0 |
+0.71% |
394,096 |
812,074 |
Thermal Coal |
ZC209 |
845.0 |
+0.12% |
1 |
179 |
Stainless Steel |
SS2208 |
16,700.0 |
+0.09% |
43,160 |
41,510 |
Top 3 Loser (Dominant Contract) |
|||||
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
Fuel Oil |
FU2209 |
2,991.0 |
-8.25% |
559,543 |
319,187 |
RBD Palm Olein |
P2209 |
7,620.0 |
-6.02% |
570,017 |
340,323 |
Cotton |
CF209 |
15,185.0 |
-6% |
282,815 |
292,377 |
Commodities (night session):
* Global crude oil price collapsed collectively. August NYMEX crude oil contract down 8.12% to closed at $95.64/b, September Brent contract down 7.36% to closed at $99.22/b. INE crude oil active contract down 4.87% to 646.5 yuan/b. Oil price closed at 3 months low due to reduce of demand and US inflation.
* Precious metals closed down collectively. COMEX gold active contract down 0.44% to closed at $1724/oz, SHFE gold active contract down 0.30% to closed at 376.86 yuan/gram.
* Metals closed down collectively. LME copper down 3.83%, LME tin down 3.04%, LME nickel down 2.42%, LME aluminum down 0.82%. SHFE copper down 3.57%, SHFE aluminum down 2.66%, SHFE tin down 2.21%.
* Commodity futures closed down collectively, energy & chemistry futures showed a weak performance, fuel oil down 8.25%, bitumen down 5.45%, PTA down 5.18%, LPG down 3.3%. Black series closed down collectively, coking coal down 3.53%, steel rebar down 2.83%, coke down 2.68%, iron ore down 1.11%. Agriculture futures closed down collectively, RBD palm olein down 6.02%, cotton down 6%, soybean oil down 4.24%, rapeseed oil down 2.77%.
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.