DZ20240207
International Relationship
*The 3rd China-US Economic Working Group Meeting was held during Feb 5-6 and mutual sides agree on further communication.
Financials
*Huaxi Securities (002926 CH) suspended supply of margin lending resources from Feb 6, 2024 with resumption date to be announced.
*ETF products tracking CSI300 index saw fund net inflow in total cny 158.2bn since beg of 2024, accounting for 65.03% of total non-monetary ETFs, as latest data shows, Eastmoney reported.
Co Focus
*China Resources Land (1109 HK) has major structural adjustment scheduled and to be completed by end of Feb, according to someone familiar with this matter.
Feb 6 Block Trade Info
*Discount
- Medicilon (688202 CH) saw 1 block trades worth 98.53mn at 14.28yuan per share, 4.03pct discount from last closing.
- Zangge Mining (000408 CH) saw 5 block trades worth 164.77mn at 23.88yuan per share, 5.87pct discount from last closing.
*Flat
- China Yangtze Power (600900 CH) saw 3 block trades worth 47.76mn at 24.72yuan per share, flat from last closing.
- Moutai (600519 CH) saw 7 block trades worth 85.25mn at 1676.00yuan per share, flat from last closing.
- CITIC Securities (600030 CH) saw 3 block trades worth 50.11mn at 21.14yuan per share, flat from last closing.
- Great River Smarter Logistics (002930 CH) saw 3 block trades worth 46.93mn at 14.10yuan 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 |
1.4053 trillion |
Total Short Selling Balance |
59.6 billion |
SH Margin Balance |
0.7483 trillion |
SH Short Selling Balance |
37.5 billion |
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
601127 |
220mio |
601005 |
1.0mio |
601138 |
188mio |
600019 |
0.9mio |
603108 |
90.0mio |
601229 |
0.8mio |
688599 |
72.2mio |
600000 |
0.7mio |
600900 |
67.7mio |
601868 |
0.7mio |
SZ Margin Balance |
0.6560 trillion |
SZ Short Selling Balance |
22.1 billion |
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
002230 |
119mio |
002506 |
2.7mio |
000977 |
68.3mio |
002673 |
1.5mio |
300394 |
41.1mio |
002425 |
0.8mio |
002223 |
36.3mio |
002726 |
0.5mio |
002463 |
32.5mio |
000903 |
0.5mio |
*Connection Trade
SH-HK Connection (bn cny) |
SZ-HK Connection (bn cny) |
||||
Northbound Net Cash Flow |
+6.013 |
Northbound Net Cash Flow |
+6.592 |
||
Southbound Net Cash Flow |
-3.041 |
Southbound Net Cash Flow |
-3.849 |
||
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 |
947 |
0.46 |
600309 |
631 |
2.87 |
000858 |
455 |
0.93 |
601138 |
331 |
1.13 |
000725 |
366 |
2.66 |
601899 |
231 |
0.72 |
600036 |
270 |
0.35 |
300124 |
227 |
1.43 |
300059 |
255 |
1.30 |
002230 |
197 |
2.16 |
*Index Futures
Position of Top 20 members (Unit lots) |
||||||
CSI 300 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IF2402 |
109,985 |
-20,624 |
35,920 |
-11,506 |
40,785 |
-12,289 |
IF2403 |
115,259 |
16,748 |
98,923 |
4,630 |
120,179 |
5,733 |
IF2406 |
40,209 |
1,950 |
48,466 |
-86 |
67,289 |
-2,189 |
IF2409 |
15,119 |
1,476 |
14,447 |
1,877 |
21,003 |
2,155 |
SSE 50 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IH2402 |
63,790 |
-10,998 |
23,181 |
-4,842 |
25,940 |
-5,019 |
IH2403 |
65,799 |
6,059 |
44,459 |
5,084 |
59,280 |
6,010 |
IH2406 |
21,004 |
-1,345 |
18,639 |
-421 |
27,835 |
-378 |
IH2409 |
7,728 |
1,389 |
6,714 |
818 |
10,097 |
1,148 |
CSI 500 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IC2402 |
145,438 |
-9,206 |
43,558 |
-6,543 |
44,119 |
-8,008 |
IC2403 |
160,817 |
25,147 |
118,169 |
9,405 |
127,029 |
7,585 |
IC2406 |
59,466 |
5,793 |
71,768 |
3,131 |
78,574 |
1,232 |
IC2409 |
29,032 |
6,530 |
29,139 |
581 |
31,121 |
1,427 |
CSI 1000 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IM2402 |
180,875 |
-33,467 |
45,521 |
-12,892 |
47,401 |
-15,517 |
IM2403 |
210,055 |
-3,760 |
96,522 |
4,868 |
111,090 |
4,104 |
IM2406 |
87,871 |
-64 |
58,270 |
264 |
66,178 |
-1,338 |
IM2409 |
44,169 |
-328 |
28,945 |
1,210 |
32,268 |
956 |
*Index Options
Position of Top 20 members (Unit lots) |
||||||
CSI 300 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IO2402 |
233483 |
-73758 |
41440 |
-9731 |
48685 |
-10322 |
IO2403 |
47692 |
2794 |
44346 |
707 |
53466 |
126 |
IO2406 |
8875 |
1190 |
21999 |
-752 |
27548 |
-537 |
CSI 1000 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
MO2402 |
455309 |
42996 |
68396 |
-5459 |
67820 |
-8613 |
MO2403 |
95467 |
19640 |
53693 |
1265 |
59623 |
1305 |
MO2406 |
14961 |
1487 |
21762 |
-145 |
27050 |
69 |
MO2409 |
5745 |
-2908 |
24394 |
549 |
26201 |
530 |
SSE50 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
HO2402 |
114044 |
-28585 |
21963 |
-3438 |
25026 |
-3955 |
*Treasury Futures
Position of Top 20 members (Unit lots) |
||||||
2-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TS2403 |
55,293 |
14,804 |
44,736 |
-5,461 |
52,497 |
-6,064 |
TS2406 |
20,570 |
5,417 |
20,179 |
2,355 |
21,073 |
2,780 |
5-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TF2403 |
94,443 |
29,056 |
72,832 |
-7,567 |
81,400 |
-7,905 |
TF2406 |
42,042 |
18,173 |
46,989 |
6,264 |
47,195 |
5,349 |
10-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
T2403 |
133,467 |
36,307 |
101,259 |
-13,562 |
106,316 |
-12,546 |
T2406 |
77,040 |
30,114 |
63,975 |
11,521 |
57,807 |
13,801 |
30-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TL2403 |
52,188 |
9,558 |
25,988 |
-2,808 |
26,240 |
-3,643 |
TL2406 |
28,205 |
11,292 |
25,591 |
3,324 |
25,440 |
3,345 |
*Night Session Commodities Market (As of 02:30 am)
Top 3 Gainers (Dominant Contract) |
|||||
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
Ethenylbenzene |
EB2403 |
9,098.0 |
+3.36% |
308,542 |
253,185 |
Methanol |
MA405 |
2,517.0 |
+3.11% |
706,100 |
867,007 |
PVC |
V2405 |
5,875.0 |
+1.52% |
244,442 |
734,425 |
Top 3 Loser (Dominant Contract) |
|||||
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
Natural Rubber |
RU2405 |
13,275.0 |
-0.86% |
76,345 |
163,393 |
TSR 20 |
NR2404 |
11,025.0 |
-0.81% |
15,917 |
61,752 |
Bleached Softwood Kraft Pulp |
SP2405 |
5,562.0 |
-0.29% |
85,737 |
239,062 |
* Commodities (night session):
* Global crude oil price closed up collectively. March NYMEX crude oil contract up 0.92% to closed at $73.45/b, April Brent contract up 0.81% to closed at $78.62/b. INE crude oil active contract up 0.88% to 560.4 yuan/b.
* Precious metals closed up collectively, COMEX gold active contract up 0.47% and closed at $2052.5/oz. SHFE gold active contract up 0.39% and closed at 482.56 yuan/gram.
* Metals closed up mostly, LME tin up 1.39%, LME aluminum up 0.75%, LME nickel down 0.75% on the contrast. SHFE aluminum up 1.04%, SHFE tin up 0.61%, SHFE lead down 0.28%.
* Commodity futures closed up collectively, chemistry and energy products up mostly, EB up 3.36%, methanol up 3.11%, PVC up 1.52%. Black series closed up collectively. Agricultural products closed up collectively, No.2 soybeans up 1.41%.
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.