DZ20230807

 

Policy

*CSRC recently released the "Management Measures for Independent Directors of Listed Companies", which required that the proportion of independent directors to the board of directors shall not be less than one-third and will be implemented from September 4th.

 

Industrial Economy

*Chengdu issued "Several Measures to Accelerate the Innovative Application of Large Models and Promote the High-Quality Development of the Artificial Intelligence Industry", which pointed out topromote the independent and controllable computing industry, vigorously develop high-end hardware such as chips, build an independent and controllable AI technology system and industrial ecology.

*MIIT held a symposium on the handling of key proposal proposals for "promoting high-quality development of industrial software" in Beijing, and held discussions and exchanges to support the development of industrial software with greater efforts.

 

Financials

*The State Administration for Financial Regulation issued an announcement regarding soliciting public opinions on the "Management Measures for Risk Prevention and Control of Bank and Insurance Institutions in Criminal Cases ", which pointed out that state-owned banks and insurance institutions should strengthen supervision of "top leaders".

*PBoC publicly solicited opinions on matters related to counter business in the interbank bond market, which mainly relaxed the relevant restrictions on institutional investors investing in the interbank bond market through counters, while emphasizing requirements such as internal control system for counter business start-ups and investor suitability management to improve the convenience of institutional investors' counter business.

*NDRC organized a department symposium to study and discuss policies and measures to promote the increase in urban and rural residents' income, promote the increase of income for low-income groups and expand middle-income groups.

 

Aug 4 Block Trade Info

*Discount

- Hec Tech (600673 CH) saw 1 block trades worth 399.80mn at 7.19yuan per share, 0.69pct discount from last closing.

- Empyrean Tech (301269 CH) saw 2 block trades worth 52.96mn at 105.92yuan per share, 1.00pct discount from last closing.

- Lens Tech (300433 CH) saw 1 block trades worth 65.09mn at 12.28yuan per share, 1.68pct discount from last closing.

 

*Margin Trade

Total Margin Balance

1.4933 trillion

Total Short Selling Balance

96.2billion

SH Margin Balance

0.7813 trillion

SH Short Selling Balance

63.0 billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

600050

288mio

588000

16.9mio

600276

204mio

600705

9.7mio

600030

187mio

512880

8.7mio

601012

180mio

600155

7.3mio

513130

150mio

512800

6.8mio

SZ Margin Balance

0.7117 trillion

SZ Short Selling Balance

33.2 billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

300059

537mio

300059

7.2mio

300760

194mio

002670

4.7mio

300394

145mio

002407

4.4mio

300033

141mio

002607

3.5mio

300308

113mio

300353

2.2mio

 

*Connection Trade

SH-HK Connection (bn cny)

SZ-HK Connection (bn cny)

Northbound Net Cash Flow

+0.116

Northbound Net Cash Flow

+2.626

Southbound Net Cash Flow

-2.197

Southbound Net Cash Flow

-3.539

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

300750

1553

1.48

300760

900

2.52

600519

1009

0.43

300059

512

1.91

300803

215

8.34

600276

415

1.54

601360

203

2.39

300308

252

2.41

000776

174

1.37

000568

229

0.65

 

*Index Futures

Position of Top 20 members (Unit lots)

CSI 300 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IF2308

109,465

31,700

63,571

7,157

73,556

6,042

IF2309

55,793

19,588

83,814

5,219

113,605

5,223

IF2312

17,442

7,735

22,097

1,656

30,452

1,788

SSE 50 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IH2308

80,707

19,648

40,376

3,018

44,677

3,131

IH2309

44,499

16,717

45,766

2,125

67,850

2,702

IH2312

13,246

5,636

18,551

1,451

24,713

2,101

CSI 500 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IC2308

58,685

16,960

48,601

2,111

52,229

2,305

IC2309

28,361

8,834

101,257

604

106,262

610

IC2312

11,911

3,334

65,223

164

68,367

319

IC2403

5,069

1,014

9,084

747

9,621

689

CSI 1000 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IM2308

56,116

15,330

44,025

2,416

45,925

1,961

IM2309

25,816

11,030

55,730

1,763

59,641

2,469

IM2312

9,979

2,850

43,019

952

47,416

1,125

IM2403

4,591

1,180

9,152

484

10,554

506

 

*Index Options

Position of Top 20 members (Unit lots)

CSI 300 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IO2308

292794

126356

67373

-2832

71137

-3407

IO2309

40076

25686

43893

-808

49630

-417

CSI 1000 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

MO2308

122265

55248

33067

-1293

38832

-2303

MO2309

17190

9420

23975

895

27403

510

SSE50 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

HO2308

150771

64479

39061

-266

43355

-915

 

*Treasury Futures

Position of Top 20 members (Unit lots)

2-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TS2309

79,857

22,103

44,527

272

46,491

33

TS2312

18,049

4,025

11,093

2,873

11,666

2,691

5-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TF2309

101,103

17,863

98,829

907

95,135

2,636

TF2312

24,628

8,146

23,146

4,084

24,036

3,459

10-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

T2309

156,494

46,405

160,916

-6,541

152,948

-3,400

T2312

43,946

21,273

43,508

2,998

43,424

2,910

30-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TL2309

28,877

6,741

16,102

151

15,638

0

TL2312

7,755

1,561

9,026

967

9,762

1,134

 

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

Top 3 Gainers (Dominant Contract)

Product

Contract

Price

Change %

Trading Volume

Open Interests

Crude Oil

SC2309

628.7

+1.91%

118,259

38,581

Soybean Oil

Y2309

8,266.0

+1.52%

287,368

313,428

Coking Coal

JM2309

1,488.5

+1.19%

56,176

105,929

Top 3 Loser (Dominant Contract)

Product

Contract

Price

Change %

Trading Volume

Open Interests

Soda Ash

SA401

1,536.0

-3.76%

898,341

1,203,321

Glass

FG309

1,810.0

-2.16%

696,101

454,084

Nickel

NI2309

166,660.0

-1.78%

94,163

77,322

 

* Commodities (night session):

* Global crude oil price closed up collectively. September NYMEX crude oil contract up 1.34% to closed at $82.64/b, October Brent contract up 1.05% to closed at $86.03/b. INE crude oil active contract up 1.91% to 628.7 yuan/b.

* Precious metals closed up collectively. COMEX gold contract up 0.48% to closed at $1978.2/oz. SHFE gold active contract up 0.14% and closed at 455.16 yuan/gram.

* Metals closed down mostly, LME tin down 1.72%, LME nickel down 1.51%, LME lead down 1.02%. LME zinc up 0.82% on the contrast. SHFE nickel down 1.78%, SHFE tin down 1.20%, SHFE lead down 0.66%.

* Commodity futures closed mixed. Chemistry and energy products closed down collectively, soda ash down 3.76%, glass down 2.16%, methanol down 1.61%. Black series closed down mostly, iron ore down 1.64%, coke down 1.34%, coking coal down 1.19%. Agricultural products closed up mostly, soybean oil up 1.52%, RBD palm olein up 1.04%.

 

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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.