DZ20240514
Financial
*Premier Li Qiang presided over the State Council mobilization video conference to support the construction and deployment of the “two heavy” system, who emphasized to issue and make good use of ultra-long-term special national bonds, provide high-quality support for the implementation of major national strategies and key security capacity building work, and provide strong support for promoting Chinese-style modernization.
*MoF planned to launch a cny 40bn 30-year special national bond tender on May 17th, which is the first issue of this year.
*PBoC: Optimizes the “swapping link” mechanism arrangement as the interconnection and cooperation between mainland China and Hong Kong’s interest rate swap market, and promotes high-level opening up of China’s financial market to the outside world.
*State Administration for Market Regulation publicly solicited opinions on the “Market Supervision and Management Credit Recovery Management Measures”, in order to further strengthen the management of credit repair for business entities, reshape good credit, stimulate the vitality of business entities and optimize the business environment.
Industrial Economy
*China and the United States will hold their first Sino-US Artificial Intelligence Intergovernmental Dialogue meeting on May 14th to exchange views on AI technology risks, global governance, and other issues of concern to them.
*Ministry of Culture and Tourism and other five departments jointly issued a notice on the “Action Plan for Innovative Development of Smart Tourism”, which proposes to transform and upgrade information infrastructure.
May 13 Block Trade Info
*Discount
- Ficont Industry (605305 CH) saw 11 block trades worth 76.14mn at 41.52yuan per share, 10.11pct discount from last closing.
- United Water (603291 CH) saw 11 block trades worth 56.77mn at 13.42yuan per share, 8.65pct discount from last closing.
*Flat
- Salubris Pharma (002294 CH) saw 1 block trades worth 495.62mn at 30.72yuan per share, flat from last closing.
*Margin Trade
Total Margin Balance |
1.4966 trillion |
Total Short Selling Balance |
39.1 billion |
SH Margin Balance |
0.7924 trillion |
SH Short Selling Balance |
25.5 billion |
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
600519 |
441mio |
601099 |
4.6mio |
603259 |
224mio |
600866 |
1.9mio |
601919 |
149mio |
600901 |
1.8mio |
600866 |
107mio |
601933 |
1.6mio |
600682 |
90.8mio |
601866 |
1.4mio |
SZ Margin Balance |
0.7030 trillion |
SZ Short Selling Balance |
13.6 billion |
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
300775 |
121mio |
002131 |
1.8mio |
000568 |
93.1mio |
000686 |
1.2mio |
300001 |
65.7mio |
000717 |
1.1mio |
300750 |
59.1mio |
300498 |
0.9mio |
002601 |
58.2mio |
002602 |
0.8mio |
*Connection Trade
SH-HK Connection (bn cny/hkd) |
SZ-HK Connection (bn cny/hkd) |
||||
Northbound Net Cash Flow |
-2.770 |
Northbound Net Cash Flow |
-1.821 |
||
Southbound Net Cash Flow |
+5.132 |
Southbound Net Cash Flow |
+3.675 |
||
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 |
002371 |
287 |
1.81 |
601919 |
367 |
1.72 |
002028 |
229 |
4.12 |
000333 |
287 |
0.57 |
600276 |
217 |
0.73 |
600900 |
247 |
0.40 |
600919 |
186 |
1.26 |
300502 |
230 |
3.87 |
002475 |
166 |
0.78 |
601872 |
203 |
2.72 |
*Index Futures
Position of Top 20 members (Unit lots) |
||||||
CSI 300 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IF2405 |
64,850 |
2,371 |
36,033 |
-4,483 |
39,180 |
-3,438 |
IF2406 |
47,577 |
5,272 |
73,934 |
1,646 |
95,274 |
143 |
IF2409 |
19,927 |
-1,566 |
47,044 |
-327 |
70,257 |
-732 |
IF2412 |
8,470 |
1,316 |
8,882 |
1,487 |
10,651 |
1,413 |
SSE 50 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IH2405 |
39,024 |
-36 |
22,145 |
-3,790 |
24,098 |
-3,728 |
IH2406 |
26,752 |
438 |
32,747 |
-98 |
43,193 |
-271 |
IH2409 |
9,532 |
-3,816 |
20,666 |
-606 |
32,426 |
-493 |
CSI 500 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IC2405 |
62,153 |
3,378 |
39,922 |
-3,865 |
37,367 |
-4,701 |
IC2406 |
45,709 |
4,413 |
96,851 |
2,314 |
99,620 |
2,515 |
IC2409 |
19,261 |
-1,109 |
57,176 |
518 |
60,843 |
-55 |
IC2412 |
11,594 |
-1,581 |
21,487 |
939 |
19,800 |
668 |
CSI 1000 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IM2405 |
69,232 |
-3,860 |
37,935 |
-4,377 |
38,206 |
-3,908 |
IM2406 |
97,035 |
-352 |
85,731 |
1,679 |
93,379 |
1,727 |
IM2409 |
32,044 |
-4,010 |
56,424 |
-2,138 |
60,975 |
-1,526 |
IM2412 |
14,302 |
-2,966 |
25,567 |
850 |
24,589 |
876 |
*Index Options
Position of Top 20 members (Unit lots) |
||||||
CSI 300 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IO2405 |
125677 |
202 |
33610 |
-1120 |
40542 |
-1536 |
IO2406 |
29085 |
1392 |
45278 |
2148 |
53060 |
1608 |
CSI 1000 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
MO2405 |
194768 |
5694 |
51484 |
-609 |
54487 |
-1815 |
MO2406 |
45773 |
5120 |
49143 |
3510 |
53863 |
3050 |
MO2409 |
5840 |
-198 |
26867 |
-206 |
28685 |
-178 |
SSE50 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
HO2405 |
38655 |
-12437 |
18455 |
-673 |
19471 |
-601 |
*Treasury Futures
Position of Top 20 members (Unit lots) |
||||||
2-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TS2406 |
55,272 |
981 |
41,408 |
-1,957 |
43,753 |
-1,188 |
TS2409 |
18,979 |
5,413 |
19,157 |
2,527 |
19,663 |
2,201 |
5-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TF2406 |
102,226 |
4,799 |
89,788 |
-5,133 |
91,322 |
-3,423 |
TF2409 |
39,686 |
7,877 |
42,402 |
4,766 |
44,949 |
5,980 |
10-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
T2406 |
117,111 |
21,345 |
120,868 |
-7,945 |
121,703 |
-6,505 |
T2409 |
60,310 |
18,365 |
51,850 |
3,903 |
48,847 |
2,828 |
30-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TL2406 |
64,876 |
-435 |
33,171 |
-4,807 |
32,157 |
-2,619 |
TL2409 |
44,827 |
13,102 |
39,248 |
4,685 |
37,046 |
2,620 |
*Night Session Commodities Market (As of 02:30 am)
Top 3 Gainers (Dominant Contract) |
|||||
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
Tin |
SN2406 |
270,780.0 |
+3.41% |
94,728 |
42,374 |
Rapeseed Oil |
OI409 |
8,920.0 |
+3.01% |
477,013 |
409,418 |
Zinc |
ZN2406 |
23,930.0 |
+2.16% |
90,794 |
77,279 |
Top 3 Loser (Dominant Contract) |
|||||
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
Coking Coal |
JM2409 |
1,702.5 |
-1.7% |
62,523 |
157,622 |
White Sugar |
SR409 |
6,248.0 |
-1.06% |
281,182 |
357,975 |
Glass |
FG409 |
1,589.0 |
-1% |
373,873 |
797,639 |
* Commodities (night session):
* Global crude oil price closed up collectively. June NYMEX crude oil contract up 1.2% to closed at $79.2/b, July Brent contract up 0.8% to closed at $83.45/b. INE crude oil active contract up 0.23% to 618.1 yuan/b.
* Precious metals closed down collectively, COMEX gold active contract down 1.38% and closed at $2342.3/oz. SHFE gold active contract down 0.79% and closed at 555.16 yuan/gram.
* Metals closed up collectively, LME tin up 2.37%, LME zinc up 2.29%, LME copper up 2.02%, LME lead up 1.21%. SHFE tin up 3.41%, SHFE zinc up 2.16%, bonded copper up 1.63%.
* Commodity futures closed up mostly, rapeseed oil up 3.01%, TSR 20 up 2.16%, natural rubber up 1.86%, butadiene rubber up 1.82%. Coking coal down 1.70%, white sugar down 1.06%, glass down nearly 1%.
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.