DZ20230420
Financials
*SASAC said to improve self-dependence of technology with breakthrough of core technical difficulties to be accelerated and ability of self-innovation to be enhanced. Development of strategic emerging industries was emphasized with construction of modern industrial system to be push forward and new round of state-owned reform implemented.
Industrial Economy
*China has achieved key technical breakthrough on R&D of 6G telecom, Global Times reported.
*Shanghai Municipal Commission of Economy and Informatization issued notice on unified management of computing power, aiming to build up advanced bearer network with improving network capacity.
Data
*As of April 19, 161 listed companies have disclosed 23Q1 earning reports and realized total net profit of cny 27.4bn, up 3% y/y with 111 of which saw growth gains y/y, accounting for 70%, according to Wind.
*CPCA: retail sales of NEV during April 1-16 reached 223k units, up 89% y/y and 12% m/m.
*Apr 19th Block Trade
*Block Trade Info
*Discount
- Ja Solar Tech (002459 CH) saw 2 block trades worth 30mn at 54.63 yuan per share, 5.01 discount from last closing.
- Focuslight Tech(688167 CH)saw 4 block trades worth 54mn at 125yuan per share, 8.27 discount from last closing.
*Flat
- Offcn Education Tech (002607 CH) saw 7 block trades worth 225mn at 4.6 yuan per share, 0.00 discount from last closing.
- Kweichow Moutai Co. (600519 CH)saw 4 block trades worth 61mn at 1759 yuan per share, 0.00 discount from last closing.
- Goertek Inc.(002241 CH) saw 2 block trades worth 22mn at 19.79 yuan per share, 0.00 discount from last closing.
- Aier Eye Hospital (300015 CH) saw 1 block trade worth 33mn at 30.78 yuan per share, 0.00 discount from last closing.
- Forever Tech (300365 CH) saw 3 block trades worth 52mn at 8.00 yuan per share, 3.03 discount from last closing.
*Margin Trade
Total Margin Balance |
1.5454 trillion |
Total Short Selling Balance |
98.7billion |
SH Margin Balance |
0.8053 trillion |
SH Short Selling Balance |
63 .5 billion |
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
600372 |
324mio |
600919 |
15.26mio |
601012 |
159mio |
600745 |
12.47mio |
688981 |
134mio |
600667 |
4.01mio |
688256 |
132mio |
600155 |
3.62mio |
601858 |
89mio |
600905 |
2.55mio |
SZ Margin Balance |
0.7400 trillion |
SZ Short Selling Balance |
35.2 billion |
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
300308 |
277mio |
002195 |
2.49mio |
000002 |
172mio |
300058 |
1.18mio |
002261 |
168mio |
300182 |
0.97mio |
000063 |
125mio |
000060 |
0.96mio |
000938 |
121mio |
300017 |
0.83mio |
*Connection Trade
SH-HK Connection (bn cny) |
SZ-HK Connection (bn cny) |
||||
Northbound Net Cash Flow |
+0.6 |
Northbound Net Cash Flow |
-1.5 |
||
Southbound Net Cash Flow |
+1.5 |
Southbound Net Cash Flow |
+1.5 |
||
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 |
601919 |
353 |
2.39 |
002371 |
616 |
3.62 |
603019 |
303 |
4.36 |
601012 |
509 |
1.68 |
603259 |
287 |
1.39 |
600050 |
353 |
1.88 |
300760 |
284 |
0.74 |
688063 |
320 |
14.27 |
600547 |
270 |
2.78 |
002230 |
271 |
2.13 |
*Index Futures
Position of Top 20 members (Unit lots) |
||||||
CSI 300 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IF2304 |
57,915 |
-3,762 |
29,305 |
-3,792 |
30,521 |
-4,717 |
IF2305 |
29,985 |
7,218 |
22,744 |
6,745 |
24,866 |
7,521 |
IF2306 |
24,588 |
-881 |
63,257 |
1,782 |
75,758 |
1,594 |
IF2309 |
6,835 |
-195 |
29,810 |
23 |
40,694 |
-58 |
SSE 50 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IH2304 |
39,238 |
-10,394 |
22,553 |
-4,231 |
25,210 |
-4,727 |
IH2305 |
20,116 |
2,762 |
14,318 |
3,061 |
15,397 |
2,798 |
IH2306 |
19,100 |
-6,394 |
35,496 |
371 |
46,217 |
748 |
IH2309 |
6,262 |
-1,858 |
17,153 |
56 |
27,177 |
277 |
CSI 500 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IC2304 |
50,367 |
-4,164 |
30,034 |
-8,125 |
28,052 |
-8,068 |
IC2305 |
31,590 |
10,524 |
32,347 |
9,982 |
30,083 |
9,695 |
IC2306 |
21,617 |
-1,782 |
85,619 |
1,461 |
93,788 |
614 |
IC2309 |
7,302 |
-1,763 |
75,498 |
90 |
78,835 |
60 |
CSI 1000 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IM2304 |
36,679 |
-5,351 |
18,123 |
-4,971 |
17,696 |
-5,198 |
IM2305 |
21,138 |
7,738 |
18,593 |
5,465 |
18,991 |
5,659 |
IM2306 |
16,894 |
-1,164 |
46,755 |
267 |
52,953 |
-190 |
IM2309 |
7,522 |
-570 |
36,273 |
12 |
40,775 |
46 |
*Index Options
Position of Top 20 members (Unit lots) |
||||||
CSI 300 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IO2304 |
95932 |
-2956 |
37213 |
-2732 |
42725 |
-2730 |
IO2305 |
26444 |
3479 |
23255 |
1869 |
24190 |
1686 |
CSI 1000 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
MO2304 |
85720 |
2227 |
28384 |
-435 |
33321 |
-1521 |
MO2305 |
23333 |
23333 |
17837 |
17837 |
19634 |
19634 |
MO2306 |
6682 |
955 |
18014 |
787 |
20251 |
961 |
SSE50 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
HO2304 |
61308 |
-10168 |
20301 |
-873 |
24448 |
-1834 |
*Treasury Futures
Position of Top 20 members (Unit lots) |
||||||
2-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TS2306 |
32,183 |
-13,392 |
51,704 |
312 |
57,196 |
1,564 |
5-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TF2306 |
75,851 |
-7,475 |
87,286 |
-972 |
88,385 |
621 |
10-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
T2306 |
88,191 |
-27,176 |
159,145 |
615 |
151,274 |
1,111 |
T2309 |
8,854 |
-3,386 |
19,052 |
1,053 |
21,277 |
731 |
*Night Session Commodities Market (As of 02:30 am)
Top 3 Gainers (Dominant Contract) |
|||||
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
Silver |
AG2306 |
5,667.0 |
+0.62% |
520,204 |
594,490 |
Aluminum |
AL2306 |
19,095.0 |
+0.45% |
89,731 |
259,964 |
Glass |
FG309 |
1,788.0 |
+0.11% |
565,021 |
1,187,036 |
Top 3 Loser (Dominant Contract) |
|||||
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
Soda Ash |
SA309 |
2,247.0 |
-4.87% |
1,119,891 |
855,218 |
Coking Coal |
JM2309 |
1,546.0 |
-3.07% |
33,272 |
70,844 |
Coke |
J2309 |
2,332.0 |
-2.61% |
16,182 |
38,030 |
* Commodities (night session):
* Global crude oil prices closed down collectively. June NYMEX crude oil contract down 2.34% to closed at $79.01/b, June Brent contract down 2.19% to closed at $82.91/b. INE crude oil active contract down 2.19% to 570.5 yuan/b.
* Precious metals closed down collectively. COMEX gold contract down 0.61% to closed at $2007.4/oz. SHFE gold active contract down 0.27% to closed at 443.96 yuan/gram.
* Metals closed mixed, LME tin down 2.83%, LME zinc down 2.77%, LME aluminum up 0.53%. SHFE zinc down 1.21%, SHFE tin down 0.65%, SHFE aluminum up 0.45%.
* Commodity futures closed down collectively, energy & chemistry futures saw weak performance, soda ash down 4.87%, PTA down 1.55%, polyester fiber down 1.31%. Black series closed down collectively, coking coal down 3.07%, coke down 2.61%, iron ore down 1.41%. Agricultural products closed down mostly, soybean meal down 1.67%, No.2 soybeans down 1.61%, No.1 soybeans down 1.16%.
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.