DZ20231212
Key meeting
*President Xi Jinping and other top leaders have started the annual Central Economic Work Conference to discuss China’s 2024 growth target and plans, Reuters reported, citing unidentified people familiar with the matter.
Financials
*Shenzhen Stock Exchange signed MoU with Saudi Exchange Group to further enhance cooperation on products like indices, funds and REITs, to study and explore ETF connect and cross-listing of companies with cross-border capital service mechanism to be built up.
Industrial Economy
*Guangdong province plans to issue cny 300mio consumption coupon from Dec 2023 to Jan 2024 to boost consumption confidence.
*The State Council issued notice in accelerating integrated development of domestic and foreign trades which pointed out to cultivate a batch of industrial cluster in key fields with deep integration of internet, big data, AI and trades related promoted.
Dec 11 Block Trade Info
*Discount
- Eastern Air Logistics (601156 CH) saw 11 block trades worth 54.48mn at 13.62yuan per share, 10.63pct discount from last closing.
- Offcn Education (002607 CH) saw 2 block trades worth 69.72mn at 4.53yuan per share, 3.00pct discount from last closing.
- Weihai Guangtai (002111 CH) saw 1 block trades worth 102.73mn at 8.29yuan per share, 10.28pct discount from last closing.
*Margin Trade
|
Total Margin Balance |
1.5954 trillion |
Total Short Selling Balance |
76.30billion |
|
SH Margin Balance |
0.8356 trillion |
SH Short Selling Balance |
49.06 billion |
|
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
|
601127 |
115mio |
601878 |
8.27mio |
|
601878 |
87.06mio |
601099 |
6.81mio |
|
600519 |
80.22mio |
601006 |
4.05mio |
|
688195 |
72.18mio |
600515 |
2.07mio |
|
600133 |
69.43mio |
600900 |
2.01mio |
|
SZ Margin Balance |
0.7589 trillion |
SZ Short Selling Balance |
27.24 billion |
|
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
|
000625 |
557mio |
300459 |
1.55mio |
|
002230 |
188mio |
002152 |
1.07mio |
|
000858 |
146mio |
000623 |
1.01mio |
|
300308 |
143mio |
002146 |
0.82mio |
|
002352 |
121mio |
002602 |
0.59mio |
*Connection Trade
|
SH-HK Connection (bn cny/HK dollar) |
SZ-HK Connection (bn cny/HK dollar) |
||||
|
Northbound Net Cash Flow |
-0.85 |
Northbound Net Cash Flow |
-2.41 |
||
|
Southbound Net Cash Flow |
+2.79 |
Southbound Net Cash Flow |
+2.81 |
||
|
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 |
|
600418 |
218 |
5.98 |
000625 |
506 |
2.78 |
|
600900 |
216 |
0.39 |
688041 |
486 |
2.60 |
|
600036 |
190 |
0.27 |
000858 |
307 |
0.55 |
|
601012 |
153 |
0.97 |
601127 |
296 |
2.48 |
|
000001 |
139 |
0.77 |
688271 |
259 |
2.10 |
*Index Futures
|
Position of Top 20 members (Unit lots) |
||||||
|
CSI 300 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IF2312 |
124,820 |
36,495 |
80,744 |
-2,668 |
101,209 |
-5,124 |
|
IF2401 |
32,579 |
17,375 |
27,096 |
7,906 |
33,193 |
9,342 |
|
IF2403 |
40,280 |
11,901 |
56,310 |
5,798 |
71,813 |
6,990 |
|
IF2406 |
14,742 |
2,984 |
27,942 |
1,229 |
40,894 |
2,427 |
|
SSE 50 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IH2312 |
77,426 |
25,717 |
52,001 |
1,781 |
63,063 |
343 |
|
IH2401 |
19,524 |
8,461 |
17,870 |
4,274 |
23,300 |
5,253 |
|
IH2403 |
21,452 |
5,813 |
24,861 |
1,675 |
34,591 |
3,015 |
|
IH2406 |
8,364 |
2,913 |
10,763 |
1,009 |
15,992 |
1,451 |
|
CSI 500 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IC2312 |
106,948 |
22,023 |
76,055 |
-7,609 |
78,565 |
-6,222 |
|
IC2401 |
31,276 |
6,434 |
38,162 |
6,572 |
38,619 |
7,211 |
|
IC2403 |
33,162 |
5,423 |
72,810 |
3,064 |
83,356 |
3,206 |
|
IC2406 |
22,036 |
2,725 |
55,866 |
2,191 |
62,471 |
2,581 |
|
CSI 1000 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IM2312 |
93,740 |
14,996 |
56,521 |
-5,936 |
62,075 |
-8,285 |
|
IM2401 |
28,539 |
8,580 |
28,612 |
5,531 |
32,213 |
7,046 |
|
IM2403 |
31,203 |
1,244 |
63,992 |
1,646 |
68,915 |
1,883 |
|
IM2406 |
17,459 |
-3,438 |
46,696 |
869 |
52,607 |
1,404 |
*Index Options
|
Position of Top 20 members (Unit lots) |
||||||
|
CSI 300 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
IO2312 |
227778 |
82861 |
84777 |
-3784 |
94409 |
-4191 |
|
IO2401 |
37552 |
37552 |
25103 |
25103 |
26718 |
26718 |
|
IO2403 |
6458 |
1567 |
27419 |
693 |
32671 |
731 |
|
CSI 1000 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
MO2312 |
177393 |
38585 |
49130 |
-1294 |
56451 |
-2443 |
|
MO2403 |
4958 |
1743 |
18106 |
438 |
21388 |
440 |
|
SSE50 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
HO2312 |
120937 |
59687 |
41715 |
-2683 |
46566 |
-2729 |
*Treasury Futures
|
Position of Top 20 members (Unit lots) |
||||||
|
2-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
TS2403 |
70,644 |
1,657 |
49,068 |
863 |
51,926 |
1,166 |
|
5-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
TF2403 |
97,074 |
7,938 |
91,238 |
1,726 |
92,355 |
3,456 |
|
10-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
T2403 |
108,818 |
16,149 |
152,189 |
3,052 |
149,050 |
5,137 |
|
T2406 |
6,363 |
3,214 |
10,664 |
179 |
10,908 |
156 |
|
30-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
|
TL2403 |
26,540 |
2,260 |
27,388 |
2,001 |
29,936 |
2,471 |
*Night Session Commodities Market (As of 02:30 am)
|
Top 3 Gainers (Dominant Contract) |
|||||
|
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
|
Coke |
J2401 |
2,677.0 |
+1.02% |
6,427 |
23,620 |
|
Stainless Steel |
SS2402 |
13,460.0 |
+0.64% |
77,629 |
111,517 |
|
Zinc |
ZN2401 |
20,735.0 |
+0.63% |
33,862 |
83,688 |
|
Top 3 Loser (Dominant Contract) |
|||||
|
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
|
Bleached Softwood Kraft Pulp |
SP2401 |
5,588.0 |
-2.61% |
168,803 |
106,860 |
|
LPG |
PG2401 |
4,737.0 |
-2.49% |
91,827 |
62,013 |
|
Methanol |
MA405 |
2,367.0 |
-1.95% |
576,379 |
1,035,802 |
* Commodities (night session):
* Global crude oil price closed up collectively. January NYMEX crude oil contract up 0.24% to closed at $71.40/b, February Brent contract up 0.28% to closed at $76.05/b. INE crude oil active contract up 0.54% to 553.8 yuan/b.
* Precious metals closed down collectively, COMEX gold active contract down 0.84% and closed at $1997.6/oz. SHFE gold active contract down 0.75% and closed at 468.46 yuan/gram.
* Metals closed mixed for LME nickel down 1.61%, LME copper down 1.25%, LME zinc up 0.73%, LME tin down 1.21%. SHFE nickel down 1.09%, SHFE copper down 0.72%. SHFE lead up 0.32%.
* Commodity futures closed down mostly, chemistry and energy products suffered the most, LPG down 2.49%, wood pulp down 2.61%, soda ash down 1.95%, glass down 1.62%. Black series closed mixed. Agricultural products closed down mostly, white sugar down 1.31% and corn slipped by 1.09%.
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.
