DZ20231122
Xi’s Emphasis
*Chairman Xi Jinping attended the Brics leaders’ Special Video Summit on the evening of November 21th and emphasized that it is very timely and necessary for the BRICS countries to voice justice and peace on the Palestinian-Israeli issue.
Industrial Economy
*Guangdong issued the three-year action plan for the construction of the “Digital Bay Area”, proposing to promote the compliant, efficient, safe and orderly circulation of data elements, explore and implement the “white list” system for cross-border circulation of data, support Guangzhou and Shenzhen to promote the construction of the national new generation artificial intelligence innovation and development pilot zone, building a high-speed and ubiquitous network infrastructure to promote the deep coverage of 5G networks in the Greater Bay Area.
*It is reported that regulatory agencies are drafting a “white list” of Chinese real estate developers, which may cover 50 large-scale real estate companies. State-owned and private real estate companies will be included like VANKE-A and Longfor.
*Shanghai issued the “Action Plan for Promoting Commercial Aerospace Development and Building a Highland of Space Information Industry (2023-2025)”, which proposes to form a full coverage from rockets, satellites, ground stations to terminals by 2025.
*Heilongjiang Province recently issued the “50 Measures for Unleashing Tourism Consumption Potential and Promoting High-Quality Development of Tourism”.
Nov 21 Block Trade Info
*Discount
- Hydsoft Tech (301316 CH) saw 1 block trades worth 96.00mn at 24.00yuan per share, 14.04pct discount from last closing.
*Flat
- Zijin Mining (601899 CH) saw 1 block trades worth 145.68mn at 12.14yuan per share, flat from last closing.
- Luxshare (002475 CH) saw 1 block trades worth 197.17mn at 30.71yuan per share, flat from last closing.
- Crystal-Optech (002273 CH) saw 1 block trades worth 99.85mn at 12.99yuan per share, flat from last closing.
-Midea (000333 CH) saw 2 block trades worth 92.31mn at 52.45yuan per share, flat from last closing.
*Margin Trade
Total Margin Balance |
1.5247 trillion |
Total Short Selling Balance |
87.5 billion |
SH Margin Balance |
0.8343 trillion |
SH Short Selling Balance |
51.3 billion |
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
605090 |
209mio |
600677 |
6.5mio |
601878 |
159mio |
601288 |
4.3mio |
601127 |
111mio |
601878 |
3.1mio |
688170 |
79.8mio |
601108 |
2.8mio |
600775 |
68.4mio |
600831 |
2.4mio |
SZ Margin Balance |
0.7599 trillion |
SZ Short Selling Balance |
28.8 billion |
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
002436 |
170mio |
000639 |
4.5mio |
002400 |
92.6mio |
000665 |
2.9mio |
300418 |
90.3mio |
000681 |
2.5mio |
000681 |
77.1mio |
002131 |
2.1mio |
002465 |
75.0mio |
300182 |
1.8mio |
*Connection Trade
SH-HK Connection (bn cny) |
SZ-HK Connection (bn cny) |
||||
Northbound Net Cash Flow |
+1.451 |
Northbound Net Cash Flow |
-1.309 |
||
Southbound Net Cash Flow |
-1.934 |
Southbound Net Cash Flow |
-0.502 |
||
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 |
372 |
0.17 |
002594 |
239 |
0.35 |
002456 |
359 |
10.20 |
002555 |
183 |
3.54 |
300274 |
293 |
2.23 |
300418 |
151 |
3.46 |
300136 |
258 |
10.65 |
002460 |
146 |
1.64 |
601899 |
193 |
0.62 |
300782 |
130 |
1.79 |
*Index Futures
Position of Top 20 members (Unit lots) |
||||||
CSI 300 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IF2312 |
118,010 |
18,175 |
131,085 |
2,350 |
170,480 |
-223 |
IF2403 |
25,389 |
4,744 |
33,541 |
2,867 |
43,731 |
3,807 |
IF2406 |
8,359 |
1,172 |
13,838 |
870 |
20,212 |
1,261 |
SSE 50 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IH2312 |
73,780 |
11,548 |
68,913 |
282 |
92,393 |
-1,175 |
IH2403 |
17,213 |
7,625 |
15,868 |
3,272 |
21,538 |
3,518 |
CSI 500 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IC2312 |
68,741 |
-7,614 |
128,766 |
-4,508 |
138,500 |
-5,575 |
IC2403 |
17,438 |
-212 |
62,234 |
43 |
71,474 |
718 |
IC2406 |
9,480 |
-2,346 |
35,029 |
-284 |
38,391 |
28 |
CSI 1000 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IM2312 |
68,922 |
-6,419 |
95,901 |
-1,844 |
106,815 |
-2,425 |
IM2403 |
20,434 |
902 |
52,915 |
594 |
54,270 |
134 |
IM2406 |
8,139 |
-2,490 |
30,323 |
23 |
33,353 |
256 |
*Index Options
Position of Top 20 members (Unit lots) |
||||||
CSI 300 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IO2312 |
122224 |
17150 |
78172 |
853 |
84269 |
52 |
CSI 1000 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
MO2312 |
100207 |
3986 |
48955 |
2009 |
53676 |
1892 |
SSE50 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
HO2312 |
61626 |
9757 |
38963 |
1386 |
42075 |
927 |
*Treasury Futures
Position of Top 20 members (Unit lots) |
||||||
2-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TS2312 |
61,386 |
6,334 |
35,035 |
-3,217 |
36,452 |
-3,313 |
TS2403 |
61,244 |
19,245 |
33,405 |
2,223 |
34,135 |
2,226 |
5-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TF2312 |
77,997 |
-35,987 |
48,195 |
-3,736 |
50,286 |
-6,875 |
TF2403 |
74,368 |
10,233 |
61,219 |
7,399 |
60,631 |
6,923 |
10-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
T2312 |
100,638 |
-15,082 |
83,357 |
-8,923 |
85,925 |
-8,744 |
T2403 |
109,842 |
16,993 |
106,385 |
13,177 |
98,077 |
14,174 |
30-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TL2312 |
43,069 |
1,625 |
17,568 |
-1,523 |
18,438 |
-1,816 |
TL2403 |
23,074 |
2,053 |
18,099 |
1,653 |
19,261 |
1,742 |
*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 |
2,286.0 |
+2.83% |
840,552 |
737,559 |
Rapeseed Meal |
RM401 |
2,934.0 |
+1.59% |
270,614 |
504,715 |
Soybean Meal |
M2401 |
4,065.0 |
+1.4% |
320,521 |
1,156,529 |
Top 3 Loser (Dominant Contract) |
|||||
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
Bleached Softwood Kraft Pulp |
SP2401 |
5,820.0 |
-2.35% |
334,462 |
230,483 |
LPG |
PG2401 |
4,959.0 |
-2.03% |
87,418 |
99,942 |
PTA |
TA401 |
5,818.0 |
-1.95% |
545,938 |
1,308,467 |
* Commodities (night session):
* Global crude oil price closed mixed. January NYMEX crude oil contract down 0.03% to closed at $77.81/b, January Brent contract up 0.21% to closed at $82.49/b. INE crude oil active contract down 0.34% to 590.3 yuan/b.
* Precious metals closed up collectively, COMEX gold active contract up 1.01% and closed at $2000.3/oz. SHFE gold active contract up 0.65% and closed at 468.72 yuan/gram.
* Metals closed mixed, LME tin up 0.61%, LME copper up 0.47%, LME aluminum up 0.45%. LME zinc down 0.55%. SHFE zinc down 0.75%, SHFE nickel down 0.48%, SHFE lead down 0.47%.
* Commodity futures closed down collectively. Chemistry and energy products performed weak, wood pulp down 2.35%, LPG down 2.03%, PTA down 1.95%. Black series closed down collectively, coking coal down 1.32%, coke down 1.07%. Agricultural products closed down mostly, cotton yarn down 1.13%, rapeseed meal up 1.59%.
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.