DZ20231206
Industrial Economy
*The Administration for Market Regulation and the Shanghai Municipal Government signed a cooperation agreement on the national market supervision digital pilot zone to promote the integrated development of market supervision in the Yangtze River Delta region.
*Four departments issued the “Implementation Plan for Quality Improvement and Upgrade of Textile Industry (2023-2025)”, aiming to make substantial progress in the construction of a modern textile industry system by 2025.
*MIIT: Promote the cross-domain integration development of mobile communication and intelligence, perception and computing, said by Zhang Yunming, head of MIIT at the 2023 Global 6G Development Conference opened in Chongqing on December 5th.
*Shenzhen recently issued the “Action Plan for High-Quality Development of Computing Infrastructure 2024-2025”, which proposed to vigorously develop advanced storage technology to accelerate the deployment of technologies such as full flash storage, blue light storage and high-density hardware.
*Chongqing issued the “Automobile Overseas Development Action Plan”, proposing that by 2027, the annual export volume of whole vehicles in the city accounted for 10% of the national annual export volume of whole vehicles. Build 1-2 domestic leading intelligent network-connected NEV export enterprises and brands, and continuously improve the layout of overseas factories of enterprises.
Financials
*CCXI announced that it maintains China’s sovereign credit rating of AA+g and the outlook for the rating is stable.
Dec 5 Block Trade Info
*Discount
- Yoozoo Interactive (002174 CH) saw 7 block trades worth 112.21mn at 12.25yuan per share, 4.97pct discount from last closing.
*Premium
- ZBD (603567 CH) saw 1 block trades worth 107.53mn at 13.35yuan per share, 2.93pct premium from last closing.
*Flat
- Mindry Bio-Medical (300760 CH) saw 2 block trades worth 42.89mn at 288.84yuan per share, flat from last closing.
- Offcn Education (002607 CH) saw 2 block trades worth 101.44mn at 4.74yuan per share, flat from last closing.
*Margin Trade
Total Margin Balance |
1.5938 trillion |
Total Short Selling Balance |
74.9 billion |
SH Margin Balance |
0.8342 trillion |
SH Short Selling Balance |
48.3 billion |
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
600519 |
272mio |
601006 |
9.8mio |
600036 |
122mio |
600157 |
3.6mio |
601318 |
98.5mio |
600155 |
1.7mio |
603019 |
79.9mio |
600733 |
1.7mio |
600900 |
77.6mio |
601099 |
1.5mio |
SZ Margin Balance |
0.7586 trillion |
SZ Short Selling Balance |
26.6 billion |
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
000625 |
278mio |
000002 |
3.6mio |
300750 |
136mio |
002505 |
1.8mio |
000032 |
74.0mio |
002238 |
1.3mio |
002281 |
66.8mio |
300015 |
1.3mio |
000903 |
66.4mio |
001965 |
1.1mio |
*Connection Trade
SH-HK Connection (bn cny) |
SZ-HK Connection (bn cny) |
||||
Northbound Net Cash Flow |
-4.894 |
Northbound Net Cash Flow |
-2.627 |
||
Southbound Net Cash Flow |
+2.282 |
Southbound Net Cash Flow |
+2.280 |
||
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 |
300418 |
383 |
8.00 |
000858 |
687 |
1.21 |
300308 |
303 |
3.68 |
300750 |
348 |
0.49 |
300760 |
258 |
0.73 |
600519 |
206 |
0.09 |
002465 |
189 |
6.02 |
300059 |
199 |
0.85 |
688041 |
180 |
1.07 |
601398 |
192 |
0.11 |
*Index Futures
Position of Top 20 members (Unit lots) |
||||||
CSI 300 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IF2312 |
120,499 |
35,784 |
110,047 |
-200 |
140,395 |
-1,518 |
IF2401 |
13,376 |
2,965 |
12,727 |
1,856 |
16,774 |
2,733 |
IF2403 |
32,474 |
11,752 |
47,474 |
5,367 |
58,921 |
4,924 |
IF2406 |
16,685 |
6,334 |
23,641 |
2,956 |
33,914 |
4,214 |
SSE 50 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IH2312 |
64,701 |
10,571 |
61,473 |
2,645 |
77,635 |
0 |
IH2401 |
10,454 |
3,763 |
10,299 |
1,521 |
13,303 |
2,001 |
IH2403 |
17,916 |
5,943 |
21,420 |
3,073 |
29,227 |
3,073 |
IH2406 |
6,778 |
2,271 |
8,795 |
874 |
12,846 |
1,203 |
CSI 500 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IC2312 |
83,230 |
11,922 |
110,878 |
-1,789 |
116,552 |
-3,594 |
IC2401 |
16,645 |
4,487 |
18,662 |
4,239 |
18,711 |
3,929 |
IC2403 |
26,090 |
3,734 |
65,453 |
520 |
73,681 |
784 |
IC2406 |
19,065 |
6,066 |
47,036 |
2,750 |
50,950 |
2,507 |
CSI 1000 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IM2312 |
76,400 |
8,852 |
79,379 |
-1,753 |
89,431 |
-3,075 |
IM2401 |
14,661 |
2,739 |
14,661 |
2,548 |
15,665 |
2,819 |
IM2403 |
23,761 |
5,325 |
59,156 |
1,736 |
59,809 |
1,818 |
IM2406 |
15,396 |
5,404 |
39,415 |
2,873 |
43,810 |
2,523 |
*Index Options
Position of Top 20 members (Unit lots) |
||||||
CSI 300 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IO2312 |
199111 |
96389 |
91212 |
215 |
100192 |
-740 |
IO2403 |
9852 |
6579 |
25314 |
209 |
29778 |
848 |
CSI 1000 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
MO2312 |
146881 |
51668 |
52693 |
-1638 |
61389 |
-989 |
MO2403 |
4619 |
1875 |
17774 |
47 |
20954 |
263 |
SSE50 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
HO2312 |
107231 |
54199 |
46475 |
-12 |
50383 |
402 |
*Treasury Futures
Position of Top 20 members (Unit lots) |
||||||
2-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TS2312 |
346 |
-512 |
2,316 |
-123 |
2,316 |
-123 |
TS2403 |
59,433 |
14,125 |
46,449 |
717 |
48,388 |
325 |
5-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TF2312 |
26 |
16 |
2,713 |
-842 |
2,713 |
-842 |
TF2403 |
95,255 |
13,947 |
85,218 |
2,886 |
82,147 |
1,830 |
10-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
T2312 |
234 |
-127 |
2,625 |
-2,668 |
2,625 |
-2,668 |
T2403 |
97,600 |
19,589 |
140,666 |
4,975 |
134,009 |
5,594 |
T2406 |
3,434 |
282 |
10,126 |
-1 |
10,398 |
-60 |
30-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TL2312 |
302 |
175 |
552 |
0 |
552 |
0 |
TL2403 |
42,931 |
16,232 |
23,996 |
528 |
26,201 |
934 |
*Night Session Commodities Market (As of 02:30 am)
Top 3 Gainers (Dominant Contract) |
|||||
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
Coking Coal |
JM2401 |
2,024.0 |
+1.89% |
41,742 |
85,226 |
Coke |
J2401 |
2,593.5 |
+1.77% |
11,440 |
29,626 |
Soda Ash |
SA401 |
2,752.0 |
+1.36% |
278,278 |
432,315 |
Top 3 Loser (Dominant Contract) |
|||||
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
Nickel |
NI2401 |
124,100.0 |
-2.81% |
205,555 |
99,246 |
Stainless Steel |
SS2401 |
13,035.0 |
-2.43% |
95,535 |
91,801 |
White Sugar |
SR405 |
6,351.0 |
-2.04% |
404,144 |
441,102 |
* Commodities (night session):
* Global crude oil price closed down collectively. January NYMEX crude oil contract down 1.34% to closed at $72.06/b, February Brent contract down 1.28% to closed at $77.03/b. INE crude oil active contract down 0.74% to 553.2 yuan/b.
* Precious metals closed down collectively, COMEX gold active contract down 0.23% and closed at $2037.6/oz. SHFE gold active contract down 0.47% and closed at 473.66 yuan/gram.
* Metals closed down collectively, LME nickel down 2.6%, LME lead down 1.96%, LME zinc down 1.43%. SHFE nickel down 2.81%, bonded copper down 1.28%, SHFE copper down 0.98%.
* Commodity futures closed mixed, chemistry and energy products closed up mostly, soda ash up 1.36%, methanol up 1.15%, butadiene rubber down 1.79%. Black series closed up collectively, coking coal up 1.89%, coke up 1.77%. Agricultural products closed down mostly, sugar down 2.04%, RBD palm olein down 1.09%, No.1 soybeans down 1.07%.
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.