DZ20220718
*Key points
Policy
*President Xi Jinping emphasized during investigation in Xinjiang province that construction of economic belt on silk road shall be promoted and add regional opening-up strategy of Xinjiang into overall plan of west development.
Financials
*The 3rd meeting of G20 finance ministers and central bank governors in 2022 was held and Yi Gang, head of PBoC said during speech that China to maintain relative low inflation in stability and PBoC to enhance robust monetary policy to support real economy with important function of finance to be played in supporting carbon neutral and peak.
*Shanghai Stock Exchange issued rules of market making business for STAR board which require market makers to carry out business using self-owned fund and to hold no more than 5% of issued shares of a single listed company.
Industrial Economy
*The State Grid issued notice on 2022 annual budget of renewable energy and supporting subsidy with cny 39.9bn subsidy to be distributed in total for the first time.
Co Focus
*BYD plans to self develop chips for smart driving with trial production expected at year end, according to someone familiar with this matter.
July 15th Block Trade
*Block Trade Info
*Discount
- Unilumin Group Co (300232 CH) saw 3 block trades worth 46mn at 6.15yuan per share, 0.49 discount from last closing.
- Ficont Industry (605305 CH) saw 13 block trades worth 140mn at 52.99yuan per share, 5.7 discount from last closing.
- Salt lake (000792 CH) saw 6 block trades worth 105mn at 29.89 yuan per share, 0.8 discount from last closing.
- Sun Create Electronics (600990 CH) saw 2 block trades worth 63mn at 40 yuan per share, 1.94 discount from last closing.
- Pharmaron (300759 CH) saw 4 block trades worth 48mn at 96.42 yuan per share, 0.50 discount from last closing.
- Bethel Auto (603596 CH) saw 16 block trades worth 374mn at 78.55yuan per share, 10.74 discount from last closing.
*Flat
- Zhongtian Financial (000540 CH) saw 2 block trades worth 257mn at 1.79 yuan per share, 0.00 discount from last closing.
*Premium
- Kweichow Moutai (600519 CH) saw 4 block trades worth 78mn at 2026.5yuan per share, 3.95 premium from last closing.
- Bank of Ningbo Co (002142 CH) saw 2 block trades worth 31mn at 32.9yuan per share, 0.00 discount from last closing.
*Margin Trade
|
Total Margin Balance |
1.5212 trillion |
Total Short Selling Balance |
96 billion |
|
SH Margin Balance |
0.8150 trillion |
SH Short Selling Balance |
61.5 billion |
|
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
|
600048 |
211mio |
600010 |
8.1mio |
|
600900 |
206mio |
600169 |
7.23mio |
|
600809 |
161mio |
512690 |
7.18mio |
|
601166 |
123mio |
601988 |
6.5mio |
|
603799 |
121mio |
600196 |
5.17mio |
|
SZ Margin Balance |
0.7063 trillion |
SZ Short Selling Balance |
34.5 billion |
|
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
|
000651 |
195mio |
002185 |
1.79mio |
|
000002 |
108mio |
300009 |
1.08mio |
|
002738 |
99mio |
002436 |
1.03mio |
|
002459 |
99mio |
300498 |
0.98mio |
|
000400 |
63.8mio |
300015 |
0.91mio |
*Connection Trade
|
SH-HK Connection (bn cny) |
SZ-HK Connection (bn cny) |
||||
|
Northbound Net Cash Flow |
-6.6 |
Northbound Net Cash Flow |
-2.3 |
||
|
Southbound Net Cash Flow |
+0.9 |
Southbound Net Cash Flow |
+0.8 |
||
|
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 |
|
600406 |
485 |
2.47 |
600036 |
1101 |
1.46 |
|
002594 |
439 |
1.17 |
300274 |
589 |
4.14 |
|
600031 |
345 |
2.14 |
601166 |
508 |
1.36 |
|
002129 |
341 |
1.8 |
600900 |
394 |
0.7 |
|
300750 |
302 |
0.27 |
000001 |
350 |
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 |
42,667 |
-33,170 |
0 |
-13,475 |
0 |
-13,443 |
|
IF2208 |
120,884 |
50,685 |
54,277 |
17,761 |
56,807 |
17,845 |
|
IF2209 |
54,411 |
12,048 |
64,589 |
4,314 |
75,571 |
3,287 |
|
IF2212 |
12,002 |
4,317 |
22,075 |
845 |
24,315 |
1,001 |
|
SSE 50 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IH2207 |
25,291 |
-17,287 |
0 |
-9,016 |
0 |
-7,401 |
|
IH2208 |
58,059 |
27,037 |
27,933 |
9,307 |
31,347 |
10,649 |
|
IH2209 |
32,971 |
5,708 |
26,877 |
475 |
35,403 |
-751 |
|
IH2212 |
10,656 |
5,083 |
12,545 |
735 |
13,763 |
96 |
|
CSI 500 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IC2207 |
42,048 |
-39,114 |
0 |
-12,385 |
0 |
-14,828 |
|
IC2208 |
112,034 |
30,927 |
75,650 |
16,273 |
77,627 |
15,369 |
|
IC2209 |
55,430 |
9,828 |
111,080 |
4,061 |
114,534 |
2,709 |
|
IC2212 |
19,390 |
6,159 |
77,192 |
2,211 |
75,840 |
2,573 |
*Index Options
|
Position of Top 20 members (Unit lots) |
||||||
|
CSI 300 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IO2207 |
204005 |
17087 |
0 |
-29367 |
0 |
-34993 |
|
IO2208 |
111680 |
58551 |
47273 |
6667 |
48780 |
6838 |
|
IO2209 |
18745 |
8526 |
31704 |
372 |
36521 |
787 |
*Treasury Futures
|
Position of Top 20 members (Unit lots) |
||||||
|
2-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
TS2209 |
55,799 |
3,974 |
42,656 |
1,050 |
46,571 |
2,788 |
|
5-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
TF2209 |
67,299 |
7,882 |
83,965 |
3,422 |
88,150 |
3,087 |
|
10-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
T2209 |
121,368 |
18,904 |
137,870 |
1,408 |
144,523 |
2,208 |
|
T2212 |
6,950 |
120 |
17,927 |
175 |
18,720 |
214 |
*Night Session Commodities Market (As of 02:30 am)
|
Top 3 Gainers (Dominant Contract) |
|||||
|
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
|
Cotton |
CF209 |
15,095.0 |
+7.74% |
368,353 |
289,231 |
|
Cotton Yarn |
CY209 |
21,660.0 |
+5.71% |
4,250 |
3,244 |
|
Fuel Oil |
FU2209 |
2,951.0 |
+5.69% |
444,563 |
321,815 |
|
Top 3 Loser (Dominant Contract) |
|||||
|
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
|
LLDPE |
L2209 |
7,675.0 |
-1.34% |
281,373 |
390,197 |
|
Corn Starch |
CS2209 |
3,065.0 |
-0.97% |
60,188 |
161,435 |
|
Corn |
C2209 |
2,674.0 |
-0.82% |
151,046 |
994,761 |
Commodities (night session):
* Global crude oil price closed up collectively. August NYMEX crude oil contract up 1.87% to closed at $97.57/b, September Brent contract up 1.79% to closed at $100.87/b. INE crude oil active contract up 4.45% to 666.2 yuan/b.
* Precious metals closed mixed. COMEX gold active contract up 0.04 to closed at $1706.5/oz, SHFE gold active contract down 0.19% to closed at 373.06 yuan/gram.
* Metals closed up collectively. LME leads up 5.75%, LME zinc up 2.35%, LME nickel up 2.28%, LME tin up 1.37%. SHFE tin up 3.26%, SHFE leads up 2.75%, SHFE zinc up 2.67%, SHFE aluminum up 2.4%.
* Commodity futures closed up collectively, energy & chemistry futures showed a strong performance, fuel oil up 5.69%, PTA up 3.94%, polyester staple fiber up 3.44%, soda ash up 2.97%, PVC up 2.89%. Black series up collectively, thermal coal up 4.21%, hot-rolled coil up 2.07%, coke up 1.01%, iron ore up 0.68%. Agriculture futures closed up mostly, cotton up 7.74%, cotton yarn up 5.71%, RBD palm olein up 3.52%, soybean oil up 3.01%.
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.
