DZ20220913


International Relationship 

*President Xi Jinping will attend the 22nd Shanghai Cooperation Organization summit and pay state visits to Kazakhstan and Uzbekistan from Sept 14th to 16th.

 

Financials

*China Aug incremental social aggregate financing scale of cny 2.43tn, down cny 557.1bn vs last year. China Aug new yuan loan of cny 1.25tn, up cny 39bn y/y. M2 balance as of end Aug of cny 259.51tn, up 12.2% y/y and saw 2-digit growth for the 5th month.

*NBS: China Aug CPI up 2.5% y/y and PPI up 2.3% y/y, both miss market estimates and down 0.2% and 1.9% respectively vs last month.

*CSDC: China new investors in Aug of 1.246mio, up 10% m/m.

*PBoC said to deepen financial reform in key fields, bond market reform for instance with direct financing supported. Coordination of domestic and foreign currency policies to be enhanced with dual opening-up of financial market and offshore RMB market promoted. R&D of digital yuan in trial to be promoted.

 

Industrial Economy

*As data shown by CAEV that China Aug power battery installment of 27.8KWh, up 121% y/y and 14.7% m/m with CATL, BYD and CALB top the three.

*Safe and quality development of nuclear power to be enhanced under research by 5 departments with new round of industrial wide quality improvement actions to be carried forward.

*China to extend centralized procurement of coronary stents for 3 years with highest efficient offering price set at 798yuan per unit and price of supporting service set at 50yuan per unit.

 

Co Focus

*BMW group announced battery purchase contracts signed with CATL and EVE, worth over tens of billions of euros and the two parties to build up plants in annual capacity of 20GWh each.

 

Sep 9th Block Trade

*Block Trade Info

*Discount

-Oriental Yuhong Waterproof (002271 CH) saw 7 block trades worth 322mn at 27.89 yuan per share, 7.79 discount from last closing.

-Kweichow Moutai (600519 CH) saw 2 block trades worth 109mn at 1815 yuan per share, 1.61 discount from last closing.

-Haitian Flavouring and Food (603288 CH) saw 3 block trades worth 749mn at 70.88 yuan per share, 10.73 discount from last closing.

*Premium

-China CSSC (600150 CH) saw 1 block trade worth 982mn at 26.90 yuan per share, 0.41 premium from last closing.

-China Shipbuilding (600482 CH) saw 1 block trade worth 678mn at 16.88 yuan per share, 0.60 premium from last closing.

 

*Margin Trade

Total Margin Balance

1.4971 trillion

Total Short Selling Balance

106.6 billion

SH Margin Balance

0.7977 trillion

SH Short Selling Balance

69.3billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

688114

67mio

601916

14.09mio

688536

66mio

510500

7.37mio

600657

53mio

512000

5.42mio

603799

51mio

600919

4.34mio

600325

36mio

510300

4.10mio

SZ Margin Balance

0.6994 trillion

SZ Short Selling Balance

37.3 billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

002389

248mio

002926

1.85mio

301349

113mio

301328

0.85mio

002371

99mio

000656

0.85mio

000933

80mio

002939

0.75mio

000035

59mio

300058

0.72mio

 

*Connection Trade

 

SH-HK Connection (bn cny)

SZ-HK Connection (bn cny)

Northbound Net Cash Flow

+8.32

Northbound Net Cash Flow

+6.44

Southbound Net Cash Flow

-0.27

Southbound Net Cash Flow

+0.08

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

895

0.39

002142

300

1.54

300750

560

0.63

688301

274

12.12

000001

497

2.07

600438

170

0.67

002352

487

2.09

600048

122

0.58

603288

390

1.11

002050

110

1.09

 

*Index Futures

 

Position of Top 20 members (Unit lots)

CSI 300 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IF2209

91,919

24,995

58,389

-1,879

64,395

-1,592

IF2210

12,229

7,655

10,308

3,911

10,969

3,542

IF2212

24,441

5,892

43,438

1,950

51,696

3,085

IF2303

5,057

1,779

11,200

562

12,807

849

SSE 50 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IH2209

59,858

19,403

42,225

3,352

51,642

920

IH2210

13,679

8,054

10,239

3,502

14,011

3,555

IH2212

18,687

7,298

26,028

1,876

35,003

1,849

IH2303

4,127

853

8,401

113

9,262

196

CSI 500 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IC2209

84,623

15,467

83,754

-6,223

86,533

-6,158

IC2210

15,259

6,457

21,007

3,507

21,511

3,598

IC2212

26,240

6,495

103,715

2,116

101,253

2,834

IC2303

10,708

2,351

52,323

1,987

51,364

2,079

CSI 1000 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IM2209

46,927

11,037

26,648

-205

26,729

-700

IM2212

11,617

3,272

14,892

263

15,160

871

IM2303

5,081

2,278

10,388

733

11,434

720

 

*Index Options

 

Position of Top 20 members (Unit lots)

CSI 300 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IO2209

145711

57916

61869

-6108

71924

-6875

IO2210

33391

17565

26991

3291

27323

2472

CSI 1000 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

MO2209

79448

12351

20228

-683

25129

-880

 

*Treasury Futures

Position of Top 20 members (Unit lots)

2-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TS2212

86,172

19,320

48,597

264

50,767

371

5-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TF2212

84,272

24,317

109,066

3,832

110,360

2,263

10-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

T2212

138,588

41,604

139,877

11,598

152,961

8,428

 

Commodities (night session):

* Global crude oil price closed up collectively. October NYMEX contract up 1.44% to closed at $88.04/b, November Brent contract up 1.49% to closed at $94.22/b..

* Precious metals closed up. COMEX gold contract up 0.39% to closed at $1735.4/oz.

* Metals closed up collectively, LME nickel up 6.11%, LME copper up 1.88%, LME lead up 1.83%, LME tin up 1.7%, LME zinc up 1.31%.

 

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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.