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%.

 

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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.