DZ20231110
Industrial Economy
*MIIT: Coordinate the construction of 5G, gigabit optical networks and data centers, accelerate the construction of intelligent comprehensive digital infrastructure, promote deep expansion of high-quality communication networks into key areas such as manufacturing, finance and medical care, and enhance the integrity of support systems, stated by Zhang Yunming, head of MIIT, at the 2023 World Internet Conference Wuzhen Summit.
*Shanghai Futures Exchange: Continuously enriching the supply of energy futures and derivatives, help the energy industry achieve high-quality and sustainable development, stated at the 12th China International Petroleum Trade Conference, hosted by the Foreign Trade Development Bureau of the MoC.
*Jiangsu Province recently issued guiding opinions on accelerating the cultivation of 10 growth-oriented future industries such as hydrogen energy and new energy storage.
*The Department of Energy Conservation and Comprehensive Utilization of the MIIT organized a symposium on the public service platform project for recycling and utilizing new energy vehicle power battery recycling.
Financials
*PBoC issued a column stating to steady and prudent efforts to promote the internationalization of the RMB, further improve the openness and access of China’s financial market, improve the liquidity of RMB financial assets and steadily and orderly promote the comprehensive institutional opening of the financial market.
*PBoC, the Hong Kong Monetary Authority and the Macau Monetary Authority jointly signed the “Memorandum of Understanding on Deepening Financial Technology Innovation Supervision Cooperation in the Guangdong-Hong Kong-Macao Greater Bay Area”, which will continue to deepen exchanges and cooperation on financial technology innovation, promote the development of digital finance and accelerate the improvement of the quality and efficiency of financial services in the Guangdong-Hong Kong-Macao Greater Bay Area.
Nov 9 Block Trade Info
*Discount
- Jinko Solar (688223 CH) saw 17 block trades worth 92.51mn at 8.81yuan per share, 12.86pct discount from last closing.
- New Industries Biomedical Engineering (300832 CH) saw 1 block trades worth 1.07bn at 67.81yuan per share, 0.28pct discount from last closing.
- Zhejiang Century Huatong (002602 CH) saw 1 block trades worth 223.86mn at 5.50yuan per share, 8.64pct discount from last closing.
*Premium
- National Silicon Industry (688126 CH) saw 1 block trades worth 85.18mn at 18.72yuan per share, 0.92pct premium from last closing.
- Nhu (002001 CH) saw 1 block trades worth 203.04mn at 16.70yuan per share, 1.52pct premium from last closing.
*Flat
- Huayou Cobalt (603799 CH) saw 4 block trades worth 92.65mn at 37.21yuan per share, flat from last closing.
- Xinchao Energy (600777 CH) saw 1 block trades worth 115.20mn at 2.56yuan per share, flat from last closing.
- Topsec Tech (002212 CH) saw 1 block trades worth 198.91mn at 9.75yuan per share, flat from last closing.
- Zangge Mining (000408 CH) saw 1 block trades worth 159.04mn at 22.72yuan per share, flat from last closing.
*Margin Trade
Total Margin Balance |
1.5706 trillion |
Total Short Selling Balance |
80.2 billion |
SH Margin Balance |
0.8250 trillion |
SH Short Selling Balance |
50.5 billion |
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
601318 |
729mio |
600010 |
4.6mio |
601901 |
136mio |
688469 |
2.8mio |
601099 |
92.9mio |
600155 |
2.7mio |
600460 |
83.5mio |
688041 |
2.0mio |
601456 |
81.8mio |
688223 |
1.3mio |
SZ Margin Balance |
0.7452 trillion |
SZ Short Selling Balance |
29.7 billion |
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
300364 |
415mio |
000625 |
5.6mio |
000625 |
316mio |
000983 |
2.4mio |
000977 |
209mio |
002600 |
2.1mio |
000828 |
138mio |
000977 |
1.9mio |
002129 |
132mio |
002681 |
1.9mio |
*Connection Trade
SH-HK Connection (bn cny) |
SZ-HK Connection (bn cny) |
||||
Northbound Net Cash Flow |
+2.170 |
Northbound Net Cash Flow |
-2.234 |
||
Southbound Net Cash Flow |
+2.726 |
Southbound Net Cash Flow |
+2.315 |
||
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 |
000625 |
304 |
1.95 |
601318 |
549 |
0.68 |
300012 |
261 |
10.26 |
601901 |
236 |
3.15 |
600309 |
226 |
0.86 |
000938 |
207 |
3.48 |
600276 |
220 |
0.70 |
000858 |
193 |
0.31 |
002555 |
196 |
3.54 |
000063 |
190 |
1.46 |
*Index Futures
Position of Top 20 members (Unit lots) |
||||||
CSI 300 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IF2311 |
71,402 |
-5,283 |
53,785 |
-2,360 |
62,588 |
-2,626 |
IF2312 |
38,312 |
-5,467 |
98,058 |
-1,406 |
136,020 |
-1,443 |
IF2403 |
9,763 |
-96 |
20,575 |
535 |
27,642 |
787 |
IF2406 |
4,930 |
104 |
7,630 |
410 |
10,810 |
391 |
SSE 50 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IH2311 |
43,685 |
7 |
30,222 |
-519 |
36,848 |
-656 |
IH2312 |
19,647 |
-1,619 |
42,203 |
-448 |
63,499 |
-282 |
IH2403 |
5,039 |
-29 |
8,380 |
-127 |
12,789 |
15 |
CSI 500 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IC2311 |
52,580 |
541 |
51,986 |
-1,414 |
55,048 |
-1,776 |
IC2312 |
32,434 |
7,003 |
107,329 |
1,258 |
116,245 |
1,222 |
IC2403 |
12,592 |
1,167 |
57,366 |
806 |
65,599 |
274 |
IC2406 |
10,195 |
2,509 |
23,959 |
1,543 |
26,098 |
1,705 |
CSI 1000 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IM2311 |
59,212 |
1,952 |
39,620 |
-1,162 |
44,229 |
-978 |
IM2312 |
35,312 |
2,963 |
78,190 |
1,732 |
84,409 |
1,627 |
IM2403 |
14,069 |
1,016 |
42,573 |
762 |
44,932 |
247 |
IM2406 |
8,923 |
2,738 |
22,357 |
878 |
25,377 |
900 |
*Index Options
Position of Top 20 members (Unit lots) |
||||||
CSI 300 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IO2311 |
113251 |
-4985 |
52917 |
-605 |
59206 |
-713 |
IO2312 |
17119 |
-3497 |
52753 |
1142 |
59984 |
1136 |
CSI 1000 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
MO2311 |
125948 |
-1996 |
32247 |
77 |
38752 |
571 |
MO2312 |
25413 |
-6067 |
35023 |
982 |
39765 |
1272 |
SSE50 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
HO2311 |
53364 |
-3658 |
32338 |
457 |
34563 |
308 |
HO2312 |
6122 |
-1268 |
25830 |
335 |
28724 |
449 |
*Treasury Futures
Position of Top 20 members (Unit lots) |
||||||
2-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TS2312 |
81,049 |
-25,048 |
50,367 |
-2,077 |
53,943 |
-2,971 |
TS2403 |
22,458 |
8,847 |
15,012 |
1,296 |
16,447 |
1,529 |
5-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TF2312 |
78,064 |
-22,834 |
87,446 |
-929 |
91,700 |
111 |
TF2403 |
16,705 |
1,173 |
20,159 |
2,096 |
20,394 |
2,428 |
10-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
T2312 |
100,611 |
-35,747 |
137,617 |
-3,568 |
133,085 |
-3,670 |
T2403 |
30,801 |
-1,676 |
32,406 |
3,960 |
31,577 |
4,845 |
30-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TL2312 |
59,515 |
10,438 |
25,543 |
-733 |
27,197 |
-679 |
TL2403 |
12,028 |
6,117 |
8,861 |
1,997 |
9,508 |
1,802 |
*Night Session Commodities Market (As of 02:30 am)
Top 3 Gainers (Dominant Contract) |
|||||
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
Soda Ash |
SA401 |
2,093.0 |
+8.33% |
1,242,342 |
784,853 |
Glass |
FG401 |
1,759.0 |
+4.52% |
790,034 |
883,944 |
LPG |
PG2312 |
5,348.0 |
+3.82% |
144,615 |
74,292 |
Top 3 Loser (Dominant Contract) |
|||||
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
Bleached Softwood Kraft Pulp |
SP2401 |
5,912.0 |
-2.12% |
343,120 |
273,629 |
Rapeseed Meal |
RM401 |
3,009.0 |
-1.63% |
461,322 |
588,040 |
No.2 Soybeans |
B2312 |
4589.0 |
-1.63% |
41,932 |
54,867 |
* Commodities (night session):
* Global crude oil price closed up mostly. December NYMEX crude oil contract up 0.33% to closed at $75.58/b, January Brent contract up 0.52% to closed at $79.95/b. INE crude oil active contract down 0.05% to 597.7 yuan/b.
* Precious metals closed up collectively, COMEX gold active contract up 0.31% and closed at $1963.9/oz. SHFE gold active contract up 0.37% and closed at 472.16 yuan/gram.
* Metals closed down mostly, LME nickel down 1.68%, LME aluminum down 1.13%, LME tin down 0.37%. SHFE zinc down 0.39%, SHFE aluminum down 0.23%, SHFE lead up 0.27%.
* Commodity futures closed mixed. Chemistry and energy products closed up mostly, Soda ash up 8.33%, glass up 4.52%, LPG up 3.82%. Black series closed up collectively, coke up 2.14%, coking coal up 1.37%. Agricultural products closed down mostly, No.2 soybeans and rapeseed meal down 1.63%, soybean meal down 1.11%, corn down 1.02%.
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.