DZ20230120
Change of connect rules
*Shenzhen stock exchange is seeking for public opinions on implementation of SZ-HK stock connect which adjusted benchmark index to SZSE Composite Index and set criteria for constituent stocks (exclude risk warning stocks and B share) 6 months prior to the inspection day, including 1) avg market value above cny 5bn; 2) avg trading vol above cny 30mio; 3) trading suspension days lower than 50% of total trading days. For those unqualified non A+H stocks (avg market value below cny 4bn, avg trading vol below cny 20mio and suspension over 50% of trading days) will be removed at semi-annual adjustment. To be note that stocks with different voting rights are allowed to be included in for the first time.
*Shanghai stock exchange is seeking for public opinions on implementation of SH-HK stock connect which adjusted benchmark index to SSE A Share Index and set criteria for constituent stocks the same as SZ stock exchange. Stocks with different voting rights are allowed to be included in for the first time.
Industrial Economy
*MIIT and 16 other departments jointly issued implementation plan of“Robot +”application which said to realize doubled coverage of robots in manufacturing industry by 2025 vs year 2020 with depth and width of service and specialized robots to be largely improved.
*Ministry of Agriculture and Rural Affair said related department in research of supporting policies on soybean production, storage and processing.
Co Focus
*Estun Automation (002747 CH) said during institutional investigation that its growth target on automation core component business in 2023 of 20% with emphasis on promoting development of motion control solutions.
Jan 19th Block Trade
*Discount
- Hengrui Pharm (600276 CH) saw 12 block trades worth 424.6mn at 41.68 yuan per share, 4.49% discount from last closing.
- Pharmaron (300759 CH) saw 2 block trades worth 139.5mn at 82.07 yuan per share, 1.12% discount from last closing.
- Ja Solar (002459 CH) saw 4 block trades worth 78mn at 65 yuan per share, 0.90% discount from last closing.
- Pharmablock (300725 CH) saw 4 block trades worth 27.3mn at 84.5 yuan per share, 7.07% discount from last closing.
*Flat
- Dashenlin Pharm (603233 CH) saw 2 block trades worth 50.8mn at 39.03 yuan per share, flat from last closing.
*Margin Trade
|
Total Margin Balance |
1.4364 trillion |
Total Short Selling Balance |
94.2 billion |
|
SH Margin Balance |
0.7557 trillion |
SH Short Selling Balance |
59.2billion |
|
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
|
600900 |
116mio |
600276 |
6.42mio |
|
600519 |
107mio |
601990 |
1.19mio |
|
600522 |
96mio |
600705 |
0.97mio |
|
600030 |
87mio |
601828 |
0.90mio |
|
688435 |
87mio |
688435 |
0.85mio |
|
SZ Margin Balance |
0.6806 trillion |
SZ Short Selling Balance |
35.0 billion |
|
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
|
002466 |
183mio |
002500 |
17.71mio |
|
000002 |
160mio |
300027 |
5.44mio |
|
002594 |
101mio |
000630 |
3.68mio |
|
300059 |
93mio |
002670 |
3.46mio |
|
001979 |
80mio |
000100 |
2.84mio |
*Connection Trade
|
SH-HK Connection (bn cny) |
SZ-HK Connection (bn cny) |
||||
|
Northbound Net Cash Flow |
+5.7 |
Northbound Net Cash Flow |
+3.7 |
||
|
Southbound Net Cash Flow |
/ |
Southbound Net Cash Flow |
/ |
||
|
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 |
1005 |
0.42 |
600009 |
198 |
1.26 |
|
600036 |
907 |
0.89 |
300059 |
173 |
0.58 |
|
601888 |
736 |
1.55 |
300760 |
157 |
0.38 |
|
601012 |
578 |
1.71 |
300724 |
154 |
3.65 |
|
000858 |
455 |
0.57 |
002129 |
147 |
1.10 |
*Index Futures
|
Position of Top 20 members (Unit lots) |
||||||
|
CSI 300 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IF2301 |
52,665 |
-6,748 |
19,749 |
-9,764 |
20,446 |
-10,760 |
|
IF2302 |
49,658 |
26,135 |
37,934 |
12,546 |
41,681 |
13,265 |
|
IF2303 |
35,416 |
8,428 |
67,484 |
2,052 |
79,833 |
2,428 |
|
IF2306 |
10,830 |
2,871 |
33,770 |
1,768 |
45,485 |
1,680 |
|
SSE 50 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IH2301 |
41,736 |
-5,798 |
13,716 |
-7,599 |
15,299 |
-8,435 |
|
IH2302 |
36,447 |
18,554 |
24,745 |
8,304 |
29,667 |
9,459 |
|
IH2303 |
33,238 |
10,176 |
38,661 |
2,322 |
52,626 |
1,798 |
|
IH2306 |
8,517 |
1,954 |
16,465 |
408 |
21,705 |
142 |
|
CSI 500 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IC2301 |
48,678 |
-5,359 |
15,468 |
-12,672 |
15,801 |
-13,113 |
|
IC2302 |
43,088 |
14,044 |
49,088 |
9,998 |
47,444 |
11,649 |
|
IC2303 |
25,015 |
3,590 |
96,054 |
368 |
95,504 |
588 |
|
IC2306 |
13,512 |
3,972 |
80,537 |
561 |
90,292 |
449 |
|
CSI 1000 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IM2301 |
25,412 |
-1,898 |
10,420 |
-4,760 |
10,224 |
-4,974 |
|
IM2302 |
29,996 |
14,579 |
23,692 |
6,679 |
25,199 |
7,469 |
|
IM2303 |
21,973 |
6,650 |
39,513 |
2,228 |
41,369 |
2,084 |
|
IM2306 |
10,143 |
2,820 |
31,259 |
-290 |
39,960 |
-411 |
*Index Options
|
Position of Top 20 members (Unit lots) |
||||||
|
CSI 300 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IO2301 |
126551 |
34801 |
42519 |
-3614 |
46983 |
-3825 |
|
IO2302 |
46319 |
11006 |
42328 |
4884 |
41169 |
4117 |
|
CSI 1000 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
MO2301 |
82545 |
27798 |
18633 |
-1861 |
21133 |
-2125 |
|
MO2302 |
24920 |
24920 |
16632 |
16632 |
17709 |
17709 |
|
SSE50 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
HO2301 |
68329 |
22344 |
18222 |
-130 |
22528 |
-348 |
*Treasury Futures
|
Position of Top 20 members (Unit lots) |
||||||
|
2-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
TS2303 |
81,801 |
1,457 |
36,265 |
-203 |
39,437 |
-187 |
|
5-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
TF2303 |
86,321 |
760 |
82,088 |
-555 |
83,438 |
-216 |
|
10-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
T2303 |
93,009 |
-3,033 |
141,932 |
1,767 |
135,428 |
1,955 |
|
T2306 |
15,226 |
-13 |
19,471 |
2,051 |
21,268 |
1,959 |
*Night Session Commodities Market (As of 02:30 am)
|
Top 3 Gainers (Dominant Contract) |
|||||
|
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
|
Nickel |
NI2303 |
213,030.0 |
+2.27% |
45,705 |
63,451 |
|
PTA |
TA305 |
5,812.0 |
+1.64% |
534,982 |
1,352,072 |
|
Polyester Staple Fiber |
PF303 |
7,624.0 |
+1.52% |
76,961 |
253,200 |
|
Top 3 Loser (Dominant Contract) |
|||||
|
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
|
Rapeseed Meal |
RM305 |
3,180.0 |
-1.3% |
187,117 |
520,157 |
|
Corn Starch |
CS2303 |
2,973.0 |
-1.06% |
35,690 |
135,164 |
|
Soybean Meal |
M2305 |
3,864.0 |
-0.85% |
216,117 |
1,277,400 |
Commodities (night session):
* Global crude oil closed up collectively. March NYMEX contract rose 2.11% to closed at $81.48/b, March Brent contract up 2.2% to closed at $86.85/b. INE crude oil active contract up 0.95% to closed at 562 yuan/b.
* Precious metals rose collectively. COMEX gold contract up 1.41% to closed at $1933.8/oz. SHFE gold active contract up 0.72% to closed at 422.8 yuan/gram.
* Metals closed down mostly. LME nickel up 5.23%, LME aluminum down 1.93%, LME tin down 1.05%, LME lead down 2.2%,. SHFE nickel up 2.27%, SHFE aluminum down 0.8%.
* Commodity futures performed mix. Energy & chemistry futures mostly closed up, LPG up 1.64%, soda ash up 0.91%. Black series closed down collectively, coking coal down 0.61%. Agricultural products closed down mostly, rapeseed meal down 1.3%, corn starch down 1.06%.
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.
