DZ20240321

 

Financial

*The State Council Premier Li Qiang conducted research in Fujian and Jiangxi Province from March 18th to 20th, who emphasized to improve various livelihood facts and projects, focus on improving public service levels, better meet people’s diverse needs at different levels, and continuously enhance people’s well-being in promoting high-quality development.

*The first meeting of the China-Europe Financial Working Group was held in Beijing, which is a cooperation mechanism established based on the tenth China-Europe High-level Economic and Trade Dialogue, with the aim of deepening exchanges in the China-Europe financial field and strengthening China-Europe financial cooperation.

 

Industrial Economy

*The National Energy Administration issued notice of the “Guidelines for the Construction of Intelligent Standard System in Coal Mines”, which pointed out that by 2025, promote the formulation and revision of intelligent national and industry standards for more than 100 coal mines.

*CGIGC: In February, the revenue of China’s gaming market was cny 24.875bn, up 15.12% y/y and up 2.17% m/m respectively.

 

March 20 Block Trade Info

*Discount

- Hopewind Electric (603063 CH) saw 15 block trades worth 155.92mn at 22.55yuan per share, 5.13pct discount from last closing.

- Cecep Techand (300197 CH) saw 1 block trades worth 152.80mn at 1.96yuan per share, 1.01pct discount from last closing.

 

*Flat

- Ronbay New Energy (688005 CH) saw 3 block trades worth 78.70mn at 30.17yuan per share, flat from last closing.

- Huayi Group (600623 CH) saw 1 block trades worth 266.86mn at 6.26yuan per share, flat from last closing.

- Minsheng Banking (600016 CH) saw 4 block trades worth 94.37mn at 3.96yuan per share, flat from last closing.

- CATL (300750 CH) saw 5 block trades worth 93.76mn at 189.48yuan per share, flat from last closing.

 

*Margin Trade

Total Margin Balance

1.5007 trillion

Total Short Selling Balance

42.4 billion

SH Margin Balance

0.7916 trillion

SH Short Selling Balance

26.7 billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

603259

281mio

600733

4.6mio

600006

149mio

600166

1.3mio

603019

127mio

600900

1.1mio

601360

124mio

601005

0.7mio

601881

110mio

600777

0.6mio

SZ Margin Balance

0.7079 trillion

SZ Short Selling Balance

15.7 billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

000063

530mio

000630

5.5mio

000099

219mio

002204

5.2mio

000100

149mio

002130

5.0mio

000725

145mio

002385

5.0mio

000001

140mio

002176

4.2mio

 

*Connection Trade

SH-HK Connection (bn cny)

SZ-HK Connection (bn cny)

Northbound Net Cash Flow

+2.560

Northbound Net Cash Flow

+3.009

Southbound Net Cash Flow

+3.872

Southbound Net Cash Flow

+2.524

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

000333

432

0.99

300496

297

9.78

002027

431

4.68

601138

211

0.42

600809

220

0.72

000988

159

4.54

300502

218

3.98

002271

127

2.95

601288

208

0.15

300244

124

10.23

 

*Index Futures

Position of Top 20 members (Unit lots)

CSI 300 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IF2404

72,216

3,225

64,329

-569

72,528

-1,578

IF2406

26,103

-2,830

63,218

-243

85,150

-774

IF2409

10,693

-739

32,717

-168

47,340

307

SSE 50 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IH2404

46,698

1,842

31,812

-1,205

35,257

-1,560

IH2406

22,719

-126

30,163

-139

42,616

-390

IH2409

8,877

-963

14,347

-532

22,392

-305

CSI 500 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IC2404

63,112

-634

68,538

-3,766

63,196

-3,161

IC2406

31,050

-675

90,115

2,508

94,879

2,416

IC2409

10,356

-351

46,586

-38

47,074

-255

CSI 1000 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IM2404

113,777

9,461

71,391

-713

77,275

-39

IM2406

58,242

-2,501

75,251

2,185

84,070

1,134

IM2409

24,241

-1,317

51,910

336

53,478

-52

 

*Index Options

Position of Top 20 members (Unit lots)

CSI 300 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IO2404

64310

-3786

41832

871

44716

1766

IO2406

2748

-453

25983

524

29741

441

CSI 1000 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

MO2404

130114

-4485

55798

3353

54077

2719

MO2406

7868

-1254

31259

250

32491

114

MO2409

4572

-1213

26699

209

27299

200

SSE50 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

HO2404

24334

-2843

18986

635

22332

1184

 

*Treasury Futures

Position of Top 20 members (Unit lots)

2-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TS2406

64,091

6,522

51,050

-287

55,555

8

5-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TF2406

82,955

-6,799

100,074

1,978

106,266

2,098

10-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

T2406

101,058

-31,694

146,848

-578

150,208

434

T2409

9,257

-2,987

13,592

410

13,816

721

30-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TL2406

58,372

-17,997

44,717

-404

44,868

79

TL2409

7,143

-4,400

12,180

228

11,542

29

 

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

Top 3 Gainers (Dominant Contract)

Product

Contract

Price

Change %

Trading Volume

Open Interests

RBD Palm Olein

P2405

8,392.0

+2.02%

367,942

523,243

Soybean Oil

Y2405

7,954.0

+1.69%

243,545

610,691

No.2 Soybeans

B2405

3,955.0

+1.64%

85,071

104,935

Top 3 Loser (Dominant Contract)

Product

Contract

Price

Change %

Trading Volume

Open Interests

Coking Coal

JM2405

1,616.0

-2.12%

49,540

124,987

Natural Rubber

RU2405

15,125.0

-1.94%

244,031

167,855

PTA

TA405

5,836.0

-1.92%

510,550

956,865

 

* Commodities (night session):

* Global crude oil price closed down collectively. May NYMEX crude oil contract down 1.56% to closed at $81.44/b, May Brent contract down 1.41% to closed at $86.15/b. INE crude oil active contract down 1.10% to 631.0 yuan/b.

* Precious metals closed up collectively, COMEX gold active contract up 1.38% and closed at $2189.6/oz. SHFE gold active contract up 0.54% and closed at 508.24 yuan/gram.

* Metals closed up mostly, LME nickel up 1.01%, LME zinc up 0.7%, LME aluminum up 0.64%, LME lead down 1.1%. SHFE lead down 0.52%, SHFE tin down 0.50%, SHFE aluminum up 0.39%.

* Commodity futures closed down mostly, chemistry and energy products closed down collectively, butadiene rubber down 2.26%, natural rubber down 1.94%, PTA down 1.92%. Black series closed down collectively, coking coal down 2.12%, coke down 1.01%. Agricultural products performed mixed, RBD palm olein up 2.02%, soybean oil up 1.69%, No.2 soybeans up 1.64%.

 

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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.