DZ20231218
Financial
*The State Council Premier Li Qiang signed the order and announced the “Regulations on Supervision and Management of Non-Bank Payment Institutions”, which will be implemented from May 1st, 2024.
*PBoC held an enlarged meeting to convey the spirit of learning from the Central Economic Work Conference, which pointed out to promote financial stability legislation and accelerate the construction of financial stability guarantee funds. Effectively prevent and resolve financial risks in key areas. Continuously deepen financial reform and opening up, steadily promote the internationalization of the RMB.
*CSRC announced the “Share Repurchase Rules for Listed Companies”, which optimize and improve some clauses, improve the convenience of share repurchase and relax the basic conditions for listed companies to repurchase.
*CSRC released “Regulatory Guidelines for Listed Companies No.3-Cash dividends for listed companies”, which in order to further improve the normalized dividend mechanism for listed companies and improve the level of investor returns.
Industrial Economy
*NDRC and other five departments jointly issued the “Action Plan for Green, Low-Carbon and High-Quality Development of Boilers”, which clarifies overall requirements, main goals and makes full-chain system arrangements for boiler production and manufacturing.
*Shanghai issued the “Implementation Measures for Encouraging the Purchase and Use of New Energy Automobiles”, which continue to provide free and special license quota support for individual users and unit users who purchase NEV.
Dec 15 Block Trade Info
*Discount
- Fore Intelligent Tech (301368 CH) saw 1 block trades worth 95.16mn at 39.65yuan per share, 2.48pct discount from last closing.
- CATL (300750 CH) saw 3 block trades worth 157.78mn at 130.0yuan per share, 16.13pct discount from last closing.
- Offcn Education (002607 CH) saw 3 block trades worth 109.85mn at 4.22yuan per share, 2.99pct discount from last closing.
*Premium
- Hainan Airlines (600221 CH) saw 1 block trades worth 104.22mn at 1.52yuan per share, 8.57pct premium from last closing.
*Flat
- JCHX Mining Managment (603979 CH) saw 1 block trades worth 175.18mn at 36.12yuan per share, flat from last closing.
- Zhongman Petroleum (603619 CH) saw 4 block trades worth 167.17mn at 18.27yuan per share, flat from last closing.
- Lu’An Environmental Energy (601699 CH) saw 1 block trades worth 168.90mn at 22.52yuan per share, flat from last closing.
*Margin Trade
Total Margin Balance |
1.5962 trillion |
Total Short Selling Balance |
74.9 billion |
SH Margin Balance |
0.8375 trillion |
SH Short Selling Balance |
47.9 billion |
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
601127 |
192mio |
512100 |
28.6mio |
600900 |
129mio |
588220 |
19.2mio |
688166 |
91.0mio |
560010 |
14.0mio |
600036 |
81.8mio |
588000 |
8.1mio |
588000 |
80.9mio |
512480 |
5.9mio |
SZ Margin Balance |
0.7578 trillion |
SZ Short Selling Balance |
27.0 billion |
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
000063 |
123mio |
300058 |
1.6mio |
002292 |
111mio |
002100 |
1.3mio |
002352 |
93.8mio |
002607 |
1.1mio |
002714 |
48.0mio |
002280 |
1.1mio |
300896 |
40.4mio |
000709 |
1.0mio |
*Connection Trade
SH-HK Connection (bn cny) |
SZ-HK Connection (bn cny) |
||||
Northbound Net Cash Flow |
-3.373 |
Northbound Net Cash Flow |
-0.793 |
||
Southbound Net Cash Flow |
-1.670 |
Southbound Net Cash Flow |
-2.293 |
||
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 |
600519 |
579 |
0.28 |
000063 |
295 |
2.34 |
002594 |
432 |
0.78 |
601288 |
190 |
0.15 |
300760 |
234 |
0.65 |
601318 |
188 |
0.27 |
002271 |
214 |
4.41 |
601888 |
182 |
1.12 |
300122 |
213 |
1.34 |
600887 |
182 |
1.11 |
*Index Futures
Position of Top 20 members (Unit lots) |
||||||
CSI 300 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IF2312 |
50,653 |
-27,726 |
0 |
-19,754 |
0 |
-14,340 |
IF2401 |
120,347 |
40,165 |
79,233 |
16,943 |
91,553 |
18,782 |
IF2403 |
54,797 |
14,970 |
70,570 |
6,201 |
91,497 |
8,493 |
IF2406 |
24,285 |
9,020 |
37,113 |
3,300 |
55,369 |
5,918 |
SSE 50 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IH2312 |
37,962 |
-13,387 |
0 |
-12,982 |
0 |
-10,596 |
IH2401 |
81,852 |
33,998 |
51,588 |
14,291 |
62,607 |
16,555 |
IH2403 |
30,394 |
6,987 |
33,582 |
2,005 |
45,569 |
2,864 |
IH2406 |
11,552 |
3,311 |
14,032 |
1,638 |
21,536 |
2,368 |
CSI 500 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IC2312 |
38,873 |
-32,497 |
0 |
-14,400 |
0 |
-13,383 |
IC2401 |
87,310 |
19,731 |
85,837 |
12,645 |
83,851 |
11,284 |
IC2403 |
29,975 |
3,734 |
79,146 |
-986 |
90,793 |
-954 |
IC2406 |
17,796 |
-650 |
65,037 |
608 |
72,580 |
602 |
CSI 1000 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IM2312 |
31,184 |
-21,996 |
0 |
-10,344 |
0 |
-9,496 |
IM2401 |
75,628 |
20,587 |
62,398 |
8,275 |
67,554 |
9,316 |
IM2403 |
32,622 |
3,374 |
72,850 |
159 |
78,722 |
937 |
IM2406 |
14,837 |
2,082 |
52,045 |
1,096 |
58,298 |
1,071 |
*Index Options
Position of Top 20 members (Unit lots) |
||||||
CSI 300 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IO2312 |
156211 |
-8491 |
0 |
-43691 |
0 |
-46262 |
IO2401 |
105971 |
52786 |
45628 |
8590 |
46898 |
8742 |
IO2403 |
6731 |
-1504 |
30244 |
592 |
36265 |
797 |
CSI 1000 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
MO2312 |
130086 |
-4117 |
0 |
-25286 |
0 |
-27580 |
MO2401 |
79100 |
35760 |
24319 |
4548 |
27378 |
5442 |
MO2403 |
4197 |
-169 |
19029 |
327 |
22536 |
493 |
SSE50 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
HO2312 |
98927 |
5879 |
0 |
-23952 |
0 |
-25840 |
HO2401 |
60061 |
60061 |
24277 |
24277 |
26692 |
26692 |
*Treasury Futures
Position of Top 20 members (Unit lots) |
||||||
2-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TS2403 |
90,118 |
-6,726 |
51,492 |
-392 |
55,588 |
370 |
5-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TF2403 |
101,516 |
-46,364 |
100,256 |
1,122 |
103,700 |
808 |
10-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
T2403 |
103,416 |
-19,551 |
155,536 |
2,860 |
153,297 |
3,594 |
T2406 |
10,496 |
1,257 |
11,131 |
336 |
11,415 |
267 |
30-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TL2403 |
38,664 |
5,539 |
30,615 |
484 |
33,980 |
444 |
*Night Session Commodities Market (As of 02:30 am)
Top 3 Gainers (Dominant Contract) |
|||||
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
Aluminum |
AL2401 |
18,915.0 |
+0.93% |
69,095 |
125,573 |
Nickel |
NI2401 |
133,870.0 |
+0.84% |
123,936 |
79,869 |
Zinc |
ZN2402 |
20,890.0 |
+0.48% |
43,806 |
75,281 |
Top 3 Loser (Dominant Contract) |
|||||
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
Soda Ash |
SA405 |
2,164.0 |
-3.57% |
429,447 |
483,013 |
Glass |
FG405 |
1,785.0 |
-3.46% |
504,000 |
836,380 |
Coking Coal |
JM2405 |
1,868.0 |
-2.61% |
84,741 |
136,124 |
* Commodities (night session):
* Global crude oil price closed up slightly. January NYMEX crude oil contract up 0.29% to closed at $71.79/b, February Brent contract up 0.38% to closed at $76.9/b. INE crude oil active contract up 0.15% to 545.3 yuan/b.
* Precious metals closed down collectively, COMEX gold active contract down 0.54% and closed at $2033.8/oz. SHFE gold active contract down 0.42% and closed at 473.68 yuan/gram.
* Metals closed up mostly, LME zinc up 1.54%, LME aluminum up 1.4%, LME nickel up 0.7%. LME tin down 0.46% on the contrast. SHFE aluminum up 0.93%, SHFE nickel up 0.84%, SHFE zinc up 0.48%, SHFE tin down 1.2%.
* Commodity futures closed down mostly, chemistry and energy products closed down collectively, soda ash down 3.57%, glass down 3.46%, LPG down 1.25%. Black series closed down collectively, coking coal down 2.61%, coke down 2.44%, iron ore down 2.39%. Agricultural products closed down mostly, RBD palm olein down 1.57%, rapeseed meal down 1.49%.
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.