DZ20240206

 

Financial

*CSRC: Guide securities companies to reduce their liquidation lines dynamically by extending the time of recovery and reducing market pressure, given that recently, the average maintenance guarantee ratio of the entire market for margin financing and securities lending business has decreased.

*CSRC: Severely punish market manipulation for malicious shorting, and effectively maintain the stable operation of the market.

*CSRC held a work promotion meeting to visit listed companies, which studied common problems reported by enterprises during the visit process, and put forward requirements for CSRC and SSE and SZSE to better cooperate with local governments in the next step of work.

 

Industrial Economy

*SASAC: The market value management assessment of listed companies will be fully promoted and institutions will conduct intensive research on central enterprises, based on the preliminary pilot exploration and accumulated experience.

*The State Council Safety Committee recently issued the “Three-Year Action Plan for Safe Production to Steady Fight Against the Prosperity 2024-2026”, deploying various regions, relevant departments and units to carry out in-depth three-year action plans for safe production to overcome difficulties.

 

Feb 5 Block Trade Info

*Discount

- Oriental Yuhong (002271 CH) saw 1 block trades worth 98.53mn at 14.28yuan per share, 4.03pct discount from last closing.

 

*Premium

- Dizal Pharma (688192 CH) saw 4 block trades worth 72.42mn at 28.09yuan per share, 3.46pct premium from last closing.

 

*Flat

- Zijin Mining (601899 CH) saw 1 block trades worth 114.16mn at 12.16yuan per share, flat from last closing.

- China Yangtze Power (600900 CH) saw 2 block trades worth 160.24mn at 24.76yuan per share, flat from last closing.

- Zangge Mining (000408 CH) saw 1 block trades worth 164.77mn at 23.88yuan per share, flat from last closing.

 

*Margin Trade

Total Margin Balance

1.4205 trillion

Total Short Selling Balance

61.4 billion

SH Margin Balance

0.7552 trillion

SH Short Selling Balance

38.8 billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

603259

298mio

600157

7.8mio

601138

147mio

601788

7.4mio

603083

62.4mio

601006

7.2mio

688599

48.3mio

600626

1.6mio

601127

27.1mio

600398

1.4mio

SZ Margin Balance

0.6642 trillion

SZ Short Selling Balance

22.5 billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

300394

78.4mio

000755

7.5mio

300364

52.8mio

002602

1.6mio

300015

47.1mio

300002

1.5mio

000100

41.7mio

301175

1.0mio

000048

25.0mio

002266

0.9mio

 

*Connection Trade

SH-HK Connection (bn cny)

SZ-HK Connection (bn cny)

Northbound Net Cash Flow

+1.614

Northbound Net Cash Flow

-0.403

Southbound Net Cash Flow

+2.405

Southbound Net Cash Flow

+1.497

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

516

0.26

603259

1768

11.92

601398

364

0.20

300750

314

0.49

601006

327

2.67

601138

301

1.09

600919

307

2.29

300124

246

1.61

000858

278

0.58

000333

241

0.59

 

*Index Futures

Position of Top 20 members (Unit lots)

CSI 300 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IF2402

125,980

23,963

51,795

1,346

58,580

1,141

IF2403

88,116

20,497

85,026

4,642

105,912

4,639

IF2406

34,122

7,713

46,797

882

67,954

605

IF2409

13,362

3,756

12,068

1,459

17,937

1,846

SSE 50 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IH2402

77,123

11,868

30,532

841

33,786

316

IH2403

56,045

12,036

40,460

1,754

54,701

1,588

IH2406

22,029

7,495

20,186

1,475

29,673

1,288

CSI 500 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IC2402

126,137

20,841

54,793

2,530

56,055

3,363

IC2403

96,238

21,011

106,957

6,115

117,642

5,901

IC2406

44,149

12,975

70,821

-17

80,423

70

IC2409

21,833

4,978

28,111

2,879

29,390

2,691

CSI 1000 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IM2402

181,664

25,765

57,109

-968

62,276

-1,105

IM2403

163,300

41,987

93,231

4,602

106,439

5,637

IM2406

71,286

12,939

59,921

-276

69,359

385

IM2409

30,917

5,118

26,139

1,524

29,080

2,176

 

*Index Options

Position of Top 20 members (Unit lots)

CSI 300 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IO2402

253995

78025

55961

1335

63514

1260

IO2403

40830

18796

41334

1279

50399

1010

IO2406

6649

6649

22180

22180

27460

27460

CSI 1000 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

MO2402

402983

81797

74175

2197

77757

3445

MO2403

79801

23903

48813

3229

54881

3750

MO2406

7909

1574

21009

475

26127

590

MO2409

6021

933

23262

90

25092

293

SSE50 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

HO2402

141860

46491

27531

-629

32144

-527

 

*Treasury Futures

Position of Top 20 members (Unit lots)

2-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TS2403

33,532

-13,133

52,454

-1,915

61,580

-1,324

TS2406

10,925

-103

15,131

1,516

15,435

1,629

5-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TF2403

66,148

-5,416

86,180

-3,366

94,743

-4,193

TF2406

22,151

6,857

37,799

3,712

37,766

3,574

10-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

T2403

84,363

-18,859

132,703

-4,321

133,955

-4,840

T2406

31,248

4,185

41,676

5,183

38,190

5,315

30-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TL2403

38,830

-15,317

30,273

-2,245

31,025

-1,927

TL2406

14,160

517

20,358

2,500

20,615

2,452

 

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

Top 3 Gainers (Dominant Contract)

Product

Contract

Price

Change %

Trading Volume

Open Interests

TSR 20

NR2404

11,145.0

+1.73%

15,610

61,282

Methanol

MA405

2,474.0

+0.94%

313,732

897,639

Natural Rubber

RU2405

13,365.0

+0.79%

75,545

172,732

Top 3 Loser (Dominant Contract)

Product

Contract

Price

Change %

Trading Volume

Open Interests

Crude Oil

SC2403

556.5

-3.07%

189,233

25,642

Low Sulfur Fuel Oil

LU2404

4,128.0

-2.69%

60,465

53,877

Fuel Oil

FU2405

2,986.0

-1.58%

265,096

256,646

 

* Commodities (night session):

* Global crude oil price closed down collectively. March NYMEX crude oil contract down 1.91% to closed at $72.41/b, April Brent contract down 1.54% to closed at $77.49/b. INE crude oil active contract down 3.07% to 556.5 yuan/b.

* Precious metals closed down collectively, COMEX gold active contract down 0.68% and closed at $2057.1/oz. SHFE gold active contract down 0.03% and closed at 483.02 yuan/gram.

* Metals closed down collectively, LME tin down 1.17%, LME zinc down 1.07%, LME copper down 0.83%. LME lead down 0.7%. SHFE tin and SHFE zinc down 0.43%. Bonded copper down 0.25%.

* Commodity futures closed mixed, chemistry and energy products closed down mostly, low sulfur fuel oil down 2.69%, fuel oil down 1.58%, LPG down nearly 1%, TSR 20 up 1.73% on the contrast. Black series closed up mostly. Agricultural products closed down mostly.

 

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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.