Z20230620

 

Relationship

*Chairman Xi Jinping met US Secretary of State Blinken on June 19th, Blinken clarified rumors of decoupling from China, and pointed out to strengthen educational exchanges and work to increase direct flights between the two countries.

*The State Council Premier Li Qiang arrived in Berlin for the seventh round of Chinese-German government consultations and met the German President for an official visit to Germany.

 

Industrial Economy

*The State Council Information Office will hold a regular policy briefing to promote the high-quality development of the new energy vehicle industry on June 21st.

*Chongqing issued implementation opinions on promoting the high-quality development of the private economy which point out to encourage private capital to participate in the construction and operation of new infrastructure like 5G applications, charging piles, data centers.

*State Council Office issued the guiding opinions on further building a high-quality charging infrastructure system which pointed out to vigorously promote the application of intelligent charging infrastructure, accelerate the research on technologies like fast charging and swapping, high-power charging and wireless charging. By 2030, a high-quality charging infrastructure system covering a wide range, moderate scale, reasonable structure and perfect functions will be basically established. Build a convenient and efficient intercity charging network and an interconnected urban agglomeration metropolitan area charging network.

 

June 19 Block Trade Info

*Discount

- Cloudwalk Tech (688327 CH) saw 1 block trades worth 289.39mio at 17.36yuan per share, 20.59pct discount from last closing.

- Bethel Automotive Safety Systems (603596 CH) saw 8 block trades worth 152.10mn at 73.30yuan per share, 5.60pct discount from last closing.

- Zhongji Innolight (300308 CH) saw 3 block trades worth 412.61mn at 154.15yuan per share, 3.66pct discount from last closing.

- Giant Network (002558 CH) saw 11 block trades worth 45.21mn at 18.18yuan per share, 13.51pct discount from last closing.

 

*Flat

- Midea (000333 CH) saw 1 block trades worth 136.34mn at 56.81yuan per share, flat from last closing.

 

*Margin Trade

Total Margin Balance

1.5135 trillion

Total Short Selling Balance

96.9billion

SH Margin Balance

0.7900 trillion

SH Short Selling Balance

62.3 billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

603019

176mio

601111

7.8mio

600519

168mio

600415

6.2mio

603118

164mio

601997

2.8mio

688111

150mio

688334

2.6mio

601668

146mio

600010

2.4mio

SZ Margin Balance

0.7233 trillion

SZ Short Selling Balance

34.5 billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

300308

373mio

000100

7.0mio

000858

278mio

300229

3.6mio

300459

262mio

300308

2.1mio

300418

259mio

002500

2.1mio

002236

232mio

300041

1.5mio

 

*Connection Trade

SH-HK Connection (bn cny)

SZ-HK Connection (bn cny)

Northbound Net Cash Flow

+0.283

Northbound Net Cash Flow

-1.729

Southbound Net Cash Flow

+3.485

Southbound Net Cash Flow

+3.621

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

603613

490

17.07

002236

1044

14.68

000333

399

0.97

000063

361

1.95

600519

344

0.15

000858

341

0.48

603259

332

1.56

601138

330

0.69

000651

248

1.19

601166

240

0.68

 

*Index Futures

Position of Top 20 members (Unit lots)

CSI 300 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IF2307

67,663

-16,883

56,996

-2,301

70,241

-3,001

IF2309

23,463

-11,505

60,557

-608

77,783

283

IF2312

4,710

-4,645

14,107

-283

17,560

39

SSE 50 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IH2307

56,102

-6,228

42,248

-2,007

51,575

-1,700

IH2309

22,632

-3,392

37,778

38

53,491

650

IH2312

6,047

-3,237

14,157

-425

15,625

-158

CSI 500 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IC2307

46,829

-15,600

64,451

-1,710

67,851

-1,600

IC2309

17,232

-6,584

105,005

-1,251

106,602

-1,045

IC2312

7,949

-4,572

54,580

-155

57,145

-124

CSI 1000 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IM2307

37,839

-9,346

39,023

-2,645

41,340

-3,105

IM2309

16,447

-4,036

55,673

-1,527

57,964

-1,814

IM2312

5,559

-3,845

32,076

666

34,470

700

 

*Index Options

Position of Top 20 members (Unit lots)

CSI 300 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IO2307

78500

-7398

46712

5187

47268

6380

IO2309

4369

-3554

28482

284

29756

491

CSI 1000 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

MO2307

40617

-5841

20061

1313

22004

1636

SSE50 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

HO2307

42296

42296

25140

25140

25444

25444

 

*Treasury Futures

Position of Top 20 members (Unit lots)

2-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TS2309

98,287

37,679

46,429

-1,871

46,588

-1,885

5-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TF2309

122,640

-13,514

90,417

982

88,589

171

10-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

T2309

154,546

-23,315

174,795

143

173,584

-48

30-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TL2309

26,950

-2,359

14,143

681

15,246

901

 

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

Top 3 Gainers (Dominant Contract)

Product

Contract

Price

Change %

Trading Volume

Open Interests

LPG

PG2309

3,775.0

+2.78%

93,652

105,123

Rapeseed Meal

RM309

3,275.0

+2.41%

304,576

505,950

Soybean Meal

M2309

3,764.0

+1.73%

464,154

1,366,322

Top 3 Loser (Dominant Contract)

Product

Contract

Price

Change %

Trading Volume

Open Interests

Glass

FG309

1,515.0

-2.26%

349,750

1,101,421

Coking Coal

JM2309

1,367.5

-2.01%

56,510

167,059

Coke

J2309

2,134.0

-1.91%

13,949

46,000

 

* Commodities (night session):

* Global crude oil price moved down mostly. August NYMEX crude oil contract down 0.58% to closed at $71.51/b, August Brent contract down 0.63% to closed at $76.13/b. INE crude oil active contract up 0.70% to 534.8 yuan/b.

* Precious metals closed mixed. COMEX gold contract down 0.45% to closed at $1962.3/oz. SHFE gold active contract remained constant and closed at 450.86 yuan/gram.

* Metals closed down collectively, LME nickel down 2.19%, LME zinc down 2.02%, LME aluminum down 1.59%. LME lead down 0.75%. SHFE nickel down 1.28%, SHFE zinc down 0.86%, SHFE aluminum down 0.22%.

* Commodity futures closed mixed. Chemistry and energy products saw mixed performance, LPG up 2.78%, fuel oil up 1.54%, bitumen up 1.1%, glass down 2.26%, MEG down 1.14%. Black series closed down collectively, coking coal down 2.01%, coke down 1.91%, iron ore down 1.04%. Agricultural products performed strong, rapeseed meal up 2.41%, soybean meal up 1.73%.

 

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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.