DZ20221230

 

Financials

*The national financial work conference was held on Dec 29th which emphasized to better play the role of active fiscal in 2023 with tax supporting policy to be improved for alleviation of corporate difficulties. Fiscal resource to be well planned with combined tools like fiscal deficit, special debt and discount interest to be optimized and fiscal expenditure scale expanded appropriately.

*Listed firms in Shanghai Stock Exchange will start disclosing 2022 annual results from Feb 21st 2023 with 603077, 600557 and 603856 take the lead.

 

Industrial Economy

*CBIRC is seeking for public opinions on administrative method of automobile financial company and plans to approve set-up of overseas subsidiary in supporting “going global” strategy of automobile industry.

*Sinobiopharm signed contract with Pingan-Shionogi for exclusive marketing right of its covid oral medicine Ensitrelvir for 5 years which to be produced in China with cost and price lower than Paxlovid by estimate.

 

Co Focus

*CATL 2022 supplier conference was held and as pointed out by its president that the industry face 10X growth potentials in 10 years with 3 major battles of supply chain to be won in competition with firms worldwide, which are 1) innovation; 2) cost and 3) green low carbon.

 

 

Dec 29th Block Trade

*Block Trade Info

Discount

- Offcn Education (002607.SZ)saw 3 block trades worth 455 mn at 4.28 RMB per share, 10.08% discount from last closing.

- Tangu Carbon Fiber (836077.BJ) saw 2 block trades worth 270mn at 42.5 RMB per share, 8.99% discount from last closing.

-Toread Holdings (300005. SZ) saw 1 block trade worth 128mn at 7.25 RMB per share, 2.42% discount from last closing.

Premium

- Contemporary Amperex Technology (300750.SZ) saw 1 block trade worth 229mn at 403 RMB per share, 2.28% premium from last closing.

- Pharmaron (300759.SZ) saw 1 block trade worth 79mn at 66.46 RMB per share, 3.36% premium from last closing

 

 

*Margin Trade

Total Margin Balance

1.45244 trillion

Total Short Selling Balance

96.0billion

SH Margin Balance

0.7667 trillion

SH Short Selling Balance

57.9 billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

601857

110mio

600606

5.74mio

601318

63mio

601939

4.87mio

600521

57mio

600050

3.35mio

600048

51mio

601727

3.12mio

600765

50mio

600157

1.77mio

SZ Margin Balance

0.6856 trillion

SZ Short Selling Balance

38.0 billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

300750

295mio

300471

2.70 mio

002594

80mio

000750

2.05 mio

001979

67mio

002797

1.01 mio

000620

54mio

002489

0.87 mio

002317

53mio

300398

0.82 mio

 

*Connection Trade

 

SH-HK Connection (bn cny)

SZ-HK Connection (bn cny)

Northbound Net Cash Flow

-4.28

Northbound Net Cash Flow

-6.82

Southbound Net Cash Flow

+16.1

Southbound Net Cash Flow

+23.91

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

601888

270

0.60

002709

185

2.04

600050

187

1.28

300274

151

0.93

600036

147

0.16

002475

142

0.63

600519

90

0.04

000858

120

0.17

600893

87

0.79

002385

92

2.59

 

*Index Futures

 

Position of Top 20 members (Unit lots)

CSI 300 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IF2301

71,386

4,653

59,267

585

68,937

-229

IF2303

16,435

-169

49,936

224

61,867

418

IF2306

6,200

915

23,184

275

33,723

573

SSE 50 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IH2301

56,285

7,646

44,037

130

54,236

-405

IH2303

15,211

3,812

30,147

1,008

40,375

1,195

IH2306

4,936

971

9,708

567

14,276

724

CSI 500 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IC2301

56,971

8,711

78,076

-2,369

77,352

-984

IC2303

14,894

2,579

95,365

233

93,028

-326

IC2306

8,036

2,736

73,934

626

80,230

816

CSI 1000 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IM2301

41,726

8,551

34,998

1,522

37,251

1,412

IM2303

13,478

2,502

33,698

309

37,362

143

IM2306

6,739

1,539

29,401

871

35,937

1,076

 

*Index Options

 

Position of Top 20 members (Unit lots)

CSI 300 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IO2301

73903

8266

61564

754

60401

965

CSI 1000 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

MO2301

58258

7612

27382

510

30330

1010

SSE 50 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

HO2301

25966

4034

14352

1288

17517

1742

 

*Treasury Futures

Position of Top 20 members (Unit lots)

2-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TS2303

59,424

-11,251

34,566

412

39,439

308

5-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TF2303

55,953

-1,743

74,753

412

77,527

728

10-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

T2303

61,425

-4,303

131,534

1,153

129,108

498

T2306

7,702

1,793

11,369

612

11,344

436

 

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

Top 3 Gainers (Dominant Contract)

Product

Contract

Price

Change %

Trading Volume

Open Interests

Hot-rolled Coil

HC2305

4,134.0

+1.52%

220,146

811,905

Coke

J2305

2,712.0

+1.31%

16,321

28,344

Silver

AG2302

5,368.0

+1.3%

362,118

216,056

Top 3 Loser (Dominant Contract)

Product

Contract

Price

Change %

Trading Volume

Open Interests

Zinc

ZN2302

23,635.0

-0.86%

43,122

89,437

LPG

PG2302

4,234.0

-0.8%

29,362

81,470

TSR 20

NR2303

9,545.0

-0.78%

5,002

37,094

 

Commodities (night session):

* Global crude oil price closed down collectively. February NYMEX contract down 0.32% to closed at $78.71/b, March Brent contract down 0.32% to closed at $83.72/b. INE crude oil active contract down 0.34% to 552 yuan/b.

* Precious metals closed up collectively. COMEX gold contract up 0.34 % to closed at $1821.9/oz. SHFE gold active contract up 0.33% to closed at 410.08 yuan/gram.

* Metals closed mixed. LME lead up 2.66%, LME tin up 1.48%, LME aluminum up 1.28%. LME nickel down 1.42%, LME zinc down 1.05%. SHFE zinc down 0.86%, stainless steel down 0.62%, bonded copper down 0.59%, SHFE tin up 0.30%.

* Commodity futures closed up mostly. Energy & chemistry futures saw a mixed performance, bleached softwood kraft pulp up 0.87%, LPG down 0.8%. Black series closed up collectively, hot-rolled coil up 1.52%, coke up 1.31%, iron ore up 1.07%, steel rebar up 0.99%. Agricultural products went up mostly, rapeseed oil up 0.56%, No.2 soybeans up 0.51%.

 

 

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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.