DZ20240201
Policy
*The Politburo held on Jan 31 emphasized to prioritize high-quality development, deepen reform and opening up to ensure implementation of key tasks confirmed during the central economic work conference in promotion of reasonable economic growth with quality.
Industrial Economy
*The value of new home sales in Jan from the 100 biggest real estate companies slid 34.2% y/y to 235 bn yuan ($33 bn), following a 34.6% decline in Dec, according to preliminary data from China Real Estate Information Corp. Jan’s sales were down 48% m/m, a record low in recent years.
*Over 1k second-hand housings adjusted down offering price in Suzhou city after removal of purchase restriction on Jan 31.
Jan 31 Block Trade Info
*Premium
- Ferrotec Tech (301297 CH) saw 1 block trades worth 104.80mn at 20.00yuan per share, 2.83pct premium from last closing.
- Bank of Qingdao (002948 CH) saw 1 block trades worth 170.23mn at 3.17yuan per share, 0.32pct premium from last closing.
*Flat
- Aerospace Times Electronics (600879 CH) saw 12 block trades worth 145.83mn at 6.13yuan per share, 0.31pct premium from last closing.
*Margin Trade
|
Total Margin Balance |
1.5005 trillion |
Total Short Selling Balance |
65.83billion |
|
SH Margin Balance |
0.7925 trillion |
SH Short Selling Balance |
41.85 billion |
|
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
|
603259 |
54.75mio |
601006 |
14.05mio |
|
600383 |
51.95mio |
601696 |
4.40mio |
|
601136 |
43.07mio |
601666 |
2.76mio |
|
600737 |
39.34mio |
603077 |
1.80mio |
|
603668 |
37.22mio |
600521 |
1.53mio |
|
SZ Margin Balance |
0.7069 trillion |
SZ Short Selling Balance |
23.96billion |
|
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
|
000333 |
45.26mio |
000982 |
2.90mio |
|
000151 |
36.49mio |
002131 |
2.02mio |
|
300394 |
30.17mio |
003035 |
1.69mio |
|
000686 |
28.23mio |
002240 |
1.62mio |
|
301215 |
27.17mio |
002607 |
1.40mio |
*Connection Trade
|
SH-HK Connection (bn cny/HK dollar) |
SZ-HK Connection (bn cny/HK dollar) |
||||
|
Northbound Net Cash Flow |
+0.76 |
Northbound Net Cash Flow |
+2.94 |
||
|
Southbound Net Cash Flow |
+0.30 |
Southbound Net Cash Flow |
-0.93 |
||
|
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 |
1189 |
1.92 |
603259 |
328 |
1.95 |
|
600519 |
288 |
0.14 |
601088 |
239 |
0.34 |
|
601127 |
259 |
2.92 |
000651 |
193 |
0.98 |
|
000766 |
142 |
9.22 |
002594 |
170 |
0.34 |
|
601857 |
138 |
0.09 |
600036 |
160 |
0.20 |
*Index Futures
|
Position of Top 20 members (Unit lots) |
||||||
|
CSI 300 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IF2402 |
110,672 |
11,738 |
52,488 |
-1,991 |
59,009 |
-1,880 |
|
IF2403 |
65,591 |
3,958 |
77,720 |
-1,506 |
99,267 |
-1,547 |
|
IF2406 |
29,484 |
7,035 |
45,085 |
-702 |
66,338 |
-687 |
|
IF2409 |
10,879 |
1,179 |
10,061 |
570 |
15,110 |
967 |
|
SSE 50 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IH2402 |
73,294 |
10,593 |
33,178 |
-1,887 |
37,356 |
-1,442 |
|
IH2403 |
45,276 |
3,909 |
38,813 |
583 |
52,455 |
780 |
|
IH2406 |
18,855 |
2,062 |
19,639 |
450 |
29,626 |
903 |
|
CSI 500 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IC2402 |
113,484 |
25,631 |
57,012 |
5,905 |
58,134 |
6,144 |
|
IC2403 |
86,903 |
30,305 |
102,713 |
8,333 |
112,760 |
8,365 |
|
IC2406 |
38,028 |
11,835 |
72,784 |
-1,050 |
82,214 |
-1,939 |
|
IC2409 |
17,931 |
3,295 |
24,801 |
1,956 |
25,238 |
1,987 |
|
CSI 1000 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IM2402 |
147,444 |
28,163 |
58,109 |
2,965 |
64,304 |
3,623 |
|
IM2403 |
117,877 |
40,108 |
87,933 |
7,755 |
98,893 |
9,011 |
|
IM2406 |
58,415 |
17,881 |
59,685 |
-682 |
68,058 |
-99 |
|
IM2409 |
24,774 |
5,808 |
23,669 |
2,615 |
25,639 |
3,007 |
*Index Options
|
Position of Top 20 members (Unit lots) |
||||||
|
CSI 300 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IO2402 |
250991 |
66069 |
53055 |
2233 |
60188 |
2878 |
|
IO2403 |
26860 |
7429 |
38834 |
758 |
47433 |
837 |
|
CSI 1000 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
MO2402 |
331352 |
89563 |
67968 |
4731 |
70530 |
6629 |
|
MO2403 |
51238 |
19403 |
42973 |
3743 |
49071 |
4059 |
|
MO2406 |
9560 |
4308 |
20199 |
632 |
25045 |
510 |
|
MO2409 |
5512 |
1486 |
23027 |
272 |
24742 |
326 |
|
SSE50 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
HO2402 |
125389 |
3364 |
28753 |
1078 |
32844 |
634 |
*Treasury Futures
|
Position of Top 20 members (Unit lots) |
||||||
|
2-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
TS2403 |
48,714 |
6,532 |
55,497 |
-2,441 |
63,708 |
-1,260 |
|
TS2406 |
6,535 |
492 |
12,351 |
412 |
12,216 |
500 |
|
5-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
TF2403 |
98,140 |
20,861 |
91,410 |
-2,817 |
101,489 |
-1,528 |
|
TF2406 |
21,645 |
667 |
31,776 |
4,547 |
31,798 |
3,863 |
|
10-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
T2403 |
133,412 |
40,188 |
144,252 |
-3,658 |
146,039 |
-5,207 |
|
T2406 |
30,626 |
8,932 |
33,003 |
3,067 |
30,074 |
3,252 |
|
30-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
TL2403 |
59,761 |
16,412 |
35,358 |
-2,441 |
36,488 |
-3,511 |
|
TL2406 |
13,823 |
4,314 |
15,538 |
1,445 |
16,128 |
1,300 |
*Night Session Commodities Market (As of 02:30 am)
|
Top 3 Gainers (Dominant Contract) |
|||||
|
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
|
Rapeseed Meal |
RM405 |
2,503.0 |
+0.81% |
218,789 |
627,279 |
|
Soybean Meal |
M2405 |
3,009.0 |
+0.77% |
426,581 |
1,622,345 |
|
EG |
EG2405 |
4,760.0 |
+0.68% |
302,501 |
465,787 |
|
Top 3 Loser (Dominant Contract) |
|||||
|
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
|
Glass |
FG405 |
1,795.0 |
-2.29% |
629,799 |
491,566 |
|
RBD Palm Olein |
P2405 |
7,086.0 |
-1.34% |
239,756 |
416,065 |
|
LPG |
PG2403 |
4,151.0 |
-1.33% |
112,745 |
99,400 |
* Commodities (night session):
* Global crude oil price closed down collectively. March NYMEX crude oil contract down 2.53% to closed at $75.85/b, April Brent contract down 2.39% to closed at $80.53/b. INE crude oil active contract down 0.94% to 577.6 yuan/b.
* Precious metals closed mixed, COMEX gold active contract up 0.33% and closed at $2057.7/oz. SHFE gold active contract up 0.38% and closed at 483.32 yuan/gram.
* Metals closed mixed, LME nickel down 1.71%, LME zinc down 1.42%, LME tin up 0.69%, LME aluminum up 0.46%. SHFE zinc down 0.84%, SHFE lead down 0.43%, SHFE tin up 0.41%.
* Commodity futures closed mixed, chemistry and energy products closed down mostly, glass down 2.29%, LPG down 1.33%, natural rubber down 1%. Black series closed down collectively, coke down nearly 1%. Agricultural products closed up mostly, RBD palm olein down 1.34%.
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.
