DZ20240416
Financial
*PBoC held the 2024 Financial Stability Work Conference, which pointed out to strengthen the financial stability guarantee system, establish a long-term mechanism for preventing and defusing financial risks, and prevent systemic financial risks.
Industrial Economy
*MoF and Ministry of Housing and Urban-Rural Development jointly re-formulate the “Management Measures for Central Government’s Urban Guaranteed Housing Project Subsidy Funds”, which adopt a factor method for rental housing guarantee funds.
Data
*CPCAAUTO: In March, the pickup truck market had retail sales of 51k units, increased by 6.7% y/y and 53% m/m respectively.
Co Focus
*CR DOUBLE-CRANE (600062 CH) announced that Simoglutide Injection obtained drug clinical trial approval notice.
International Relationship
*NDRC signed a memorandum of understanding on exchange and cooperation with relevant departments of the Republic of Suriname in the field of economic development.
Apr 15 Block Trade Info
*Discount
- United Imaging Healthcare (688271 CH) saw 20 block trades worth 307.29mn at 116.84yuan per share, 7.00pct discount from last closing.
- Eastroc Beverage (605499 CH) saw 4 block trades worth 137.68mn at 166.30yuan per share, 13.83pct discount from last closing.
- Xinhua Commercial (600785 CH) saw 2 block trades worth 120.00mn at 18.00yuan per share, 7.69pct discount from last closing.
- Midea (000333 CH) saw 2 block trades worth 31.81mn at 61.50yuan per share, 7.99pct discount from last closing.
*Flat
- Xilong Scientific (002584 CH) saw 3 block trades worth 96.05mn at 7.44yuan per share, flat from last closing.
*Margin Trade
Total Margin Balance |
1.4933 trillion |
Total Short Selling Balance |
40.9 billion |
SH Margin Balance |
0.7889 trillion |
SH Short Selling Balance |
26.0 billion |
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
603019 |
169mio |
601006 |
6.4mio |
601766 |
157mio |
600010 |
3.0mio |
600030 |
149mio |
601766 |
1.8mio |
601179 |
131mio |
601618 |
1.6mio |
600765 |
82.8mio |
600157 |
1.5mio |
SZ Margin Balance |
0.7032 trillion |
SZ Short Selling Balance |
14.9 billion |
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
300476 |
126mio |
000982 |
3.2mio |
300418 |
88.1mio |
002617 |
0.9mio |
000568 |
84.1mio |
002673 |
0.5mio |
300059 |
81.3mio |
000895 |
0.5mio |
002625 |
80.2mio |
300015 |
0.5mio |
*Connection Trade
SH-HK Connection (bn cny) |
SZ-HK Connection (bn cny) |
||||
Northbound Net Cash Flow |
+3.892 |
Northbound Net Cash Flow |
+4.216 |
||
Southbound Net Cash Flow |
+3.745 |
Southbound Net Cash Flow |
+3.309 |
||
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 |
879 |
0.43 |
600309 |
286 |
1.06 |
000858 |
512 |
0.94 |
000333 |
284 |
0.63 |
601668 |
238 |
1.14 |
601127 |
248 |
1.83 |
002371 |
218 |
1.42 |
603986 |
241 |
4.90 |
000831 |
176 |
5.68 |
300308 |
190 |
1.40 |
*Index Futures
Position of Top 20 members (Unit lots) |
||||||
CSI 300 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IF2404 |
102,586 |
30,231 |
51,814 |
1,179 |
55,926 |
1,110 |
IF2405 |
26,095 |
12,767 |
19,497 |
5,026 |
21,571 |
5,564 |
IF2406 |
52,315 |
18,248 |
66,042 |
3,525 |
89,028 |
4,223 |
IF2409 |
19,015 |
7,086 |
35,800 |
775 |
52,263 |
1,080 |
SSE 50 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IH2404 |
57,972 |
17,016 |
30,384 |
1,355 |
32,276 |
1,162 |
IH2405 |
13,442 |
7,219 |
10,903 |
2,639 |
11,986 |
3,067 |
IH2406 |
30,215 |
10,348 |
29,907 |
414 |
41,228 |
961 |
IH2409 |
12,208 |
3,954 |
16,918 |
803 |
24,997 |
394 |
CSI 500 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IC2404 |
92,230 |
23,285 |
54,848 |
-1,183 |
50,917 |
-1,218 |
IC2405 |
23,483 |
7,250 |
23,585 |
4,166 |
21,907 |
3,647 |
IC2406 |
49,545 |
14,879 |
93,201 |
3,579 |
94,735 |
3,413 |
IC2409 |
18,148 |
5,973 |
53,610 |
1,707 |
53,867 |
1,447 |
CSI 1000 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IM2404 |
147,715 |
40,450 |
60,361 |
2,680 |
63,391 |
1,667 |
IM2405 |
35,907 |
16,316 |
26,374 |
7,533 |
27,320 |
7,775 |
IM2406 |
98,408 |
32,919 |
84,571 |
6,917 |
92,818 |
7,570 |
IM2409 |
40,398 |
16,456 |
61,684 |
3,543 |
63,766 |
3,126 |
*Index Options
Position of Top 20 members (Unit lots) |
||||||
CSI 300 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IO2404 |
193985 |
87676 |
41557 |
-4388 |
48175 |
-5316 |
IO2406 |
12671 |
6576 |
28492 |
157 |
33965 |
310 |
CSI 1000 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
MO2404 |
381331 |
141334 |
69121 |
-2803 |
70889 |
-2684 |
MO2405 |
79794 |
36952 |
25923 |
3448 |
30186 |
4033 |
MO2406 |
19587 |
11689 |
32850 |
379 |
36725 |
827 |
MO2409 |
9218 |
4874 |
27326 |
179 |
28496 |
212 |
SSE50 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
HO2404 |
81026 |
45502 |
19885 |
-2589 |
23851 |
-1924 |
*Treasury Futures
Position of Top 20 members (Unit lots) |
||||||
2-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TS2406 |
70,532 |
8,929 |
59,664 |
-1,601 |
65,272 |
-2,879 |
5-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TF2406 |
115,020 |
-9,072 |
119,420 |
-1,578 |
127,081 |
-2,139 |
10-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
T2406 |
143,499 |
-5,665 |
166,143 |
-2,838 |
169,390 |
225 |
T2409 |
16,641 |
4,413 |
15,694 |
511 |
15,198 |
1,055 |
30-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TL2406 |
63,141 |
-8,674 |
50,302 |
114 |
50,400 |
79 |
TL2409 |
8,823 |
-1,000 |
14,065 |
368 |
13,248 |
140 |
*Night Session Commodities Market (As of 02:30 am)
Top 3 Gainers (Dominant Contract) |
|||||
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
Coking Coal |
JM2409 |
1,747.0 |
+1.66% |
63,191 |
156,614 |
Rapeseed Meal |
RM409 |
2,781.0 |
+0.91% |
343,060 |
669,121 |
Coke |
J2409 |
2,255.0 |
+0.85% |
9,629 |
26,548 |
Top 3 Loser (Dominant Contract) |
|||||
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
Zinc |
ZN2406 |
22,545.0 |
-2.15% |
182,172 |
125,515 |
RBD Palm Olein |
P2409 |
7,656.0 |
-1.95% |
313,862 |
498,555 |
Aluminum |
AL2406 |
20,475.0 |
-1.85% |
182,757 |
319,396 |
* Commodities (night session):
* Global crude oil price closed down slightly. May NYMEX crude oil contract down 0.01% to closed at $85.65/b, June Brent contract down 0.1% to closed at $90.36/b. INE crude oil active contract down 1.52% to 662.2 yuan/b.
* Precious metals closed up collectively, COMEX gold active contract up 1.06% and closed at $2399.3/oz. SHFE gold active contract down 1.14% and closed at 565.22 yuan/gram.
* Metals closed mixed, LME aluminum up 2.19%, LME copper up 1.17%, LME nickel up 0.89%, LME zinc down 1.89%. SHFE zinc down 2.15%, SHFE aluminum down 1.85%, SHFE nickel down 1.39%.
* Commodity futures closed down mostly, chemistry and energy closed down collectively, TSR 20 down 1.55%, natural rubber down 1.26%, butadiene rubber down 1.14%. Black series closed up collectively, coking coal up 1.66%. Agricultural products closed down mostly, RBD palm olein down 1.95%, rapeseed oil down 1.38%, soybean oil down 1.09%.
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.