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.
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.