DZ20220720

 

*Key points

Industrial Economy

*State Energy Administration issued 1H national power industrial statistics and saw capacity of power installment by around 2.44bn kWh, up 8.1% y/y with wind power capacity contributes 340mio kWh, up 17.2% y/y and solar power capacity by 340mio kWh, up 25.8% y/y.

*Ministry of Transportation pointed out to accelerate construction of charging facilities along the highways to improve infrastructure services and to solve charging difficulties of NEV.

*Rectification of cash management products issued by banks been accelerated with rules changed, including change of subscription/redemption from T+0 to T+1 and quick redemption quota been adjusted down from cny 50k to 10k.

 

Co Focus

*Zhongtong Bus (000957 CH) saw the most gains by 544% since mid May and its trading been under monitoring by Shenzhen stock exchange, the latter requires securities companies to enhance management of trading behaviors of clients in active participation of speculation and to guide rational trading.

*CATL has received cny 5mio from SVOLT for settlement of inappropriate competition and both parties have reached consensus in promoting healthy development of new energy industry.

 

News

*The 19th Asian Games to be held in Hangzhou during Sept 23rd to Oct 8th 2023, as announced by OCA.

 

July 19th Block Trade

*Block Trade Info

*Discount

- Zuojiang Tech (300799 CH) saw 2 block trades worth 30mn at 60yuan per share, 7.83 discount from last closing.

- Zijin Bank (601860 CH) saw 13 block trades worth 67mn at 2.78 yuan per share, 9.04 discount from last closing.

- Zijin Mining (601899 CH) saw 62 block trades worth 891mn at 10.05 yuan 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.

 

Premium

- Palm Eco-Town (002431 CH) saw 6 block trades worth 86mn at 4.02yuan per share, 0.36 premium from last closing.

- Unigroup Guoxin Microelectronics (002049 CH) saw 7 block trades worth 35mn at 188.12 yuan per share, 0.08 premium from last closing.

- Tibet Mineral (000762 CH) saw 13 block trades worth 143mn at 48.09 yuan per share, 0.09 premium from last closing.

- Chongqing Brewery (600132 CH) saw 7 block trades worth 91mn at 120.7yuan per share, 1.06 discount from last closing.

 

*Margin Trade

Total Margin Balance

1.5293 trillion

Total Short Selling Balance

98.2 billion

SH Margin Balance

0.8184 trillion

SH Short Selling Balance

62.7 billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

688005

221mio

600010

11.1mio

600872

207mio

601988

3.98mio

600096

117mio

600919

2.34mio

600438

100mio

600900

2.14mio

600089

93.7mio

600369

2.03mio

SZ Margin Balance

0.7109 trillion

SZ Short Selling Balance

35.5 billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

688005

221mio

600010

11.09mio

600872

207mio

601988

3.98mio

600096

117mio

600919

2.34mio

600438

100mio

600900

2.14mio

600089

93.7mio

600369

2.03mio

*Connection Trade

SH-HK Connection (bn cny)

SZ-HK Connection (bn cny)

Northbound Net Cash Flow

-5.8

Northbound Net Cash Flow

-4.1

Southbound Net Cash Flow

+1.0

Southbound Net Cash Flow

-0.1

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

002812

174

1.02

300750

561

0.5

000725

141

1.00

002594

391

1.00

300759

134

1.64

300724

385

12.23

603799

133

0.93

600276

327

1.35

002352

131

0.52

600522

221

2.46

*Index Futures

Position of Top 20 members (Unit lots)

CSI 300 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IF2208

104,108

-11,056

52,438

1,134

53,481

431

IF2209

36,830

-11,249

61,898

10

71,609

-764

IF2212

9,510

-1,307

21,678

65

24,322

217

SSE 50 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IH2208

54,312

-498

27,363

1,506

29,990

1,614

IH2209

19,615

-4,615

25,355

-419

34,240

-702

IH2212

6,075

-550

12,158

299

13,574

544

CSI 500 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IC2208

90,553

-12,476

71,379

-2,712

74,136

-1,753

IC2209

45,499

-3,670

108,078

-176

112,827

465

IC2212

16,922

-551

76,633

-399

75,264

-787

*Index Options

Position of Top 20 members (Unit lots)

CSI 300 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IO2208

120774

-27020

55912

4524

55958

3899

IO2209

17022

-7375

34025

1370

38053

873

*Treasury Futures

Position of Top 20 members (Unit lots)

2-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TS2209

35,181

-4,284

42,241

82

47,063

423

5-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TF2209

54,429

-859

86,073

1,208

89,933

1,082

10-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

T2209

90,831

-2,287

136,151

1,390

142,126

-625

T2212

5,245

455

18,806

402

19,637

547

 

*Night Session Commodities Market (As of 02:30 am)

Top 3 Gainers (Dominant Contract)

Product

Contract

Price

Change %

Trading Volume

Open Interests

Nickel

NI2208

158,850.0

+1.16%

68,619

71,915

RBD Palm Olein

P2209

8,130.0

+1.02%

562,256

335,443

PVC

V2209

6,427.0

+0.86%

621,737

556,579

Top 3 Loser (Dominant Contract)

Product

Contract

Price

Change %

Trading Volume

Open Interests

Coking Coal

JM2209

1,977.5

-3.98%

40,819

48,911

Glass

FG209

1,475.0

-3.66%

431,645

866,519

Cotton

CF209

14,265.0

-3.48%

305,441

283,144

 

Commodities (night session):

* Global crude oil price closed up collectively. August NYMEX crude oil contract up 1% to closed at $100.41/b, September Brent contract up 0.94% to closed at $107.27/b. INE crude oil active contract up 0.26% to 668.2 yuan/b. Supply concern and weak performance of USD drove oil prices up.

* Precious metals closed mixed. COMEX gold active contract down 0.03% to closed at $1709.7/oz, SHFE gold active contract up 0.01% to closed at 374.34 yuan/gram.

* Metals closed down collectively. LME copper down 1.73%, LME aluminum down 1.71%, LME zinc down 1.63%, LME tin down 1.13%. SHFE tin down 2.98%, SHFE aluminum down 1.44%, SHFE copper down 0.76%, SHFE nickel up 1.16% on the contrast.

* Commodity futures closed down mostly, energy & chemistry futures showed a weak performance, glass down 3.66%, soda ash down 2.58%, bitumen down 1.43%, EB down 1.36%, PVC up 0.86% on the contrast. Black series down mostly, coking coal down 3.98%, coke down 2.46%, iron ore down 0.82%, steel rebar up 0.16% on the contrast. Agriculture futures closed down collectively, cotton down 3.48%, rapeseeds meal down 3.07%, soybean meal down 2.76%, cotton yarn down 2.74%, No.2 soybeans down 1.91%.

 

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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.