DZ20230427

 

Industrial Economy

*National Bureau of Disease Control and Prevention: The epidemic has shown a slight increase in individual areas recently and it is unlikely that a large-scale epidemic will occur nationwide in a short period of time.

*Mao Ning, spokesman of MoFA held a regular press conference on April 26th and firmly opposed that Republican lawmakers have called on President Biden to impose sanctions on Huawei and other Chinese cloud computing companies to protect U.S. national security.

*MOT: It is expected the number of business passengers and self-driving trips during the May Day holiday will be the highest since 2020, with the epidemic prevention and control has taken a steady turn, the domestic economy has continued to stabilize and improve and the flow of people has increased significantly.

*China's first computing power trading platform was officially launched in the “Computing Power Pujiang” first Digital Economy Development Forum in Shanghai.

*CISA: Vigorously promote the joint reorganization of iron and steel enterprises to improve industrial concentration.

*China Automotive Power Battery Industry Innovation Alliance released a white paper on the action plan for high-quality development of power batteries which pointed out to develop the specific energy of liquid batteries with the cost lower than 0.55 yuan /Wh by 2025, cultivate a batch of power battery recycling enterprises, lithium metal recycling rate reached more than 95%, effectively control the total amount of carbon emissions, accelerate the promotion and application of battery change; Overseas production and sales of power battery industry reached more than 30%.

*CPIA: March nationwide output of solar grade polysilicon increased by 12.3% m/m and 32.3% y/y. wafer production increased by 18.0% m/m and 20.2% y/y, photovoltaic component output increased 14.5% m/m and 76.4% y/y, inverter output increased 30.7% m/m and 95.8% y/y.

Co Focus

*DHC Software (002065 CH) signed a deepening strategic cooperation agreement with Tencent Cloud Computing, based on the basic R&D capability of Tencent AI big model, both parties will jointly carry out industrial applications. DHC will give priority to promoting mature AI technology products related to Tencent Cloud to the market.

 

Apr 26 Block Trade Info

*Discount

- Micro-Tech (688029 CH) saw 8 block trades worth 137.32mn at 82.98 yuan per share, 9.60pct discount from last closing.

- China National Gold (600916 CH) saw 4 block trades worth 88.33mn at 10.63 yuan per share, 9.99pct discount from last closing.

- Huaneng Power (600011 CH) saw 2 block trades worth 136.2mn at 9.08 yuan per share, 5.02pct discount from last closing.

- Sungrow Power Supply (300274 CH) saw 2 block trades worth 13.12mn at 82 yuan per share, 30.20pct discount from last closing.

*Flat

- Moutai (600519 CH) saw 2 block trades worth 146.31mn at 1743.91 yuan per share, flat from last closing.

- PingAn (603501 CH) saw 2 block trades worth 143mn at 45.79 yuan per share, flat from last closing.

- Pientzehuang Pharm (600436 CH) saw 7 block trades worth 50.13mn at 267.20 yuan per share, flat from last closing.

 

 

*Margin Trade

Total Margin Balance

1.5321 trillion

Total Short Selling Balance

92.6billion

SH Margin Balance

0.7988 trillion

SH Short Selling Balance

59.3 billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

600446

300mio

688033

43.74mio

600373

165mio

601006

32.76mio

600702

122mio

688223

23.44mio

600415

96.95mio

600157

22.14mio

601012

96.61mio

601728

17.81mio

SZ Margin Balance

0.7331 trillion

SZ Short Selling Balance

33.3 billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

002230

203mio

300015

3.55mio

300274

184mio

300017

2.89mio

300017

142mio

002407

1.43mio

300118

120mio

000723

1.27mio

300502

118mio

000686

0.96mio

 

*Connection Trade

 

SH-HK Connection (bn cny)

SZ-HK Connection (bn cny)

Northbound Net Cash Flow

+0.079

Northbound Net Cash Flow

+0.67

Southbound Net Cash Flow

+0.39

Southbound Net Cash Flow

+1.1

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

300274

613

4.03

600519

653

0.30

600438

434

2.54

601318

513

0.61

002236

324

4.15

002624

348

8.00

603866

294

15.63

002475

346

1.86

688063

263

7.04

002271

290

4.01

 

*Index Futures

 

Position of Top 20 members (Unit lots)

CSI 300 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IF2305

75,980

-18,288

48,605

-2,271

52,703

-1,655

IF2306

31,806

-7,433

64,225

-556

78,581

272

IF2309

8,536

-3,767

33,115

-374

45,035

-178

SSE 50 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IH2305

48,568

-8,313

31,330

-1,787

34,327

-1,729

IH2306

22,065

-7,587

37,545

-713

48,640

-502

IH2309

7,202

-3,588

18,747

-496

29,872

-347

CSI 500 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IC2305

69,004

-9,032

58,127

-3,877

54,665

-4,684

IC2306

29,706

-9,766

89,122

-2,987

96,308

-3,876

IC2309

11,753

-4,804

78,377

-902

81,279

-610

CSI 1000 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IM2305

60,868

-4,549

39,927

-3,238

40,791

-2,703

IM2306

26,571

-6,517

52,491

-872

56,783

-616

IM2309

11,254

-5,588

38,645

-829

42,867

-342

 

*Index Options

 

Position of Top 20 members (Unit lots)

CSI 300 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IO2305

88542

-61704

45122

2830

47523

3498

IO2306

14161

-3941

24931

1134

26983

1251

CSI 1000 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

MO2305

88122

-69305

30865

1781

36246

1780

MO2306

12496

-8399

19651

642

23387

1189

SSE50 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

HO2305

29229

-28132

19714

1520

20421

1490

 

*Treasury Futures

Position of Top 20 members (Unit lots)

2-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TS2306

36,610

-13,044

51,642

-87

55,318

-235

TS2309

10,270

-9,437

10,407

683

11,039

753

5-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TF2306

94,912

4,852

85,614

-1,997

87,204

-1,728

TF2309

17,063

3,680

17,365

3,377

17,723

3,327

10-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

T2306

108,003

3,208

160,366

-1,106

151,486

-1,828

T2309

27,146

6,689

31,036

4,949

33,248

4,930

 

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

Top 3 Gainers (Dominant Contract)

Product

Contract

Price

Change %

Trading Volume

Open Interests

No.2 Soybeans

B2306

4,006.0

+3.01%

53,431

39,770

Iron Ore

I2309

726.0

+2.33%

272,964

777,740

Soybean Oil

Y2309

7,632.0

+1.46%

352,620

543,675

Top 3 Loser (Dominant Contract)

Product

Contract

Price

Change %

Trading Volume

Open Interests

Crude Oil

SC2306

532.1

-4.18%

126,778

28,769

Glass

FG309

1,775.0

-2.1%

1,029,037

1,125,963

LPG

PG2306

4,616.0

-1.81%

52,908

76,240

 

* Commodities (night session):

* Global crude oil prices closed down collectively. June NYMEX crude oil contract down 3.54% to closed at $74.34/b, July Brent contract down 3.56% to closed at $77.73/b. INE crude oil active contract down 4.18% to 532.1 yuan/b.

* Precious metals closed mixed. COMEX gold contract down 0.28% to closed at $1998.8/oz. SHFE gold active contract down 0.13% to closed at 445.08 yuan/gram.

* Metals closed up mostly, LME zinc up 1.87%, LME tin up 1.16%, LME nickel up 1.15%. SHFE zinc up 1.23%, SHFE tin p 0.90%, SHFE nickel up 0.63%.

* Commodity futures closed up mostly, energy & chemistry futures saw mixed performance, soda ash up 1.12%, glass down 2.1%, LPG down 1.81%. Black series closed up mostly, iron ore up 2.33%, steel rebar up 1.16%. Agricultural products closed up collectively, No.2 soybeans up 3.01%, soybean oil up 1.46%, rapeseed meal up 1.31%.

 

 

Download PDF

 

 

 

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.