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%.
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.