DZ20240306
Xi’s Emphasis
*Chairman Xi Jinping emphasized during the deliberation of the Jiangsu delegation that new productivity should be developed according to local conditions, use new technological transformations to enhance traditional industries and actively promote high-end, intelligent and green industries.
Industrial Economy
*Zeng Yuqun, head of CATL (300750 CH), submitted four proposals during the NPC, focusing on hot topics such as the electrification of heavy trucks, two-way integration of batteries and power grids (B2G), and full life cycle management of industrial solid waste.
Financial
*Cai Jianchun, head of SSE, brought three financial related proposals, optimizing the policy environment, promoting enterprise merger and reorganization, and speed up the special legislation of real estate investment trust funds (REITs).
*Shenzhen issued the “Implementation Opinions on Financial Support for High-Quality Development of Supply Chain”, which encourage banking institutions to open up green channels for financial services for researching exclusive credit products of key industrial chains.
March 5 Block Trade Info
*Flat
- ZBD (603567 CH) saw 1 block trades worth 108.70mn at 10.87yuan per share, flat from last closing.
- Zijin Mining (601899 CH) saw 2 block trades worth 60.94mn at 13.85yuan per share, flat from last closing.
- Moutai (600519 CH) saw 2 block trades worth 2.0bn at 1695.10yuan per share, flat from last closing.
*Margin Trade
Total Margin Balance |
1.4483 trillion |
Total Short Selling Balance |
43.7 billion |
SH Margin Balance |
0.7655 trillion |
SH Short Selling Balance |
27.8 billion |
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
601138 |
222mio |
601006 |
16.2mio |
600418 |
179mio |
600900 |
1.5mio |
600330 |
146mio |
601866 |
0.9mio |
603019 |
128mio |
600777 |
0.8mio |
603501 |
121mio |
603077 |
0.7mio |
SZ Margin Balance |
0.6815 trillion |
SZ Short Selling Balance |
15.9 billion |
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
000625 |
237mio |
000069 |
1.9mio |
300364 |
101mio |
000002 |
1.8mio |
002611 |
88.8mio |
002607 |
1.2mio |
002236 |
85.8mio |
300347 |
1.1mio |
002738 |
83.2mio |
300059 |
1.1mio |
*Connection Trade
SH-HK Connection (bn cny) |
SZ-HK Connection (bn cny) |
||||
Northbound Net Cash Flow |
+0.447 |
Northbound Net Cash Flow |
+1.106 |
||
Southbound Net Cash Flow |
+3.702 |
Southbound Net Cash Flow |
+2.227 |
||
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 |
748 |
0.36 |
000333 |
315 |
0.70 |
300308 |
530 |
3.99 |
601012 |
257 |
1.58 |
600900 |
450 |
0.72 |
300760 |
246 |
0.70 |
000063 |
438 |
3.02 |
600438 |
243 |
1.96 |
300274 |
302 |
2.27 |
000100 |
169 |
1.90 |
*Index Futures
Position of Top 20 members (Unit lots) |
||||||
CSI 300 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IF2403 |
99,151 |
20,744 |
76,037 |
1,851 |
90,610 |
-699 |
IF2404 |
17,135 |
4,917 |
18,684 |
3,563 |
19,684 |
3,160 |
IF2406 |
37,746 |
9,524 |
63,099 |
1,765 |
81,569 |
71 |
IF2409 |
16,515 |
764 |
27,161 |
356 |
39,367 |
-43 |
SSE 50 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IH2403 |
61,626 |
9,815 |
44,800 |
2,220 |
52,645 |
913 |
IH2406 |
22,277 |
4,960 |
25,423 |
1,652 |
35,052 |
1,164 |
IH2409 |
9,563 |
1,024 |
11,339 |
462 |
17,370 |
507 |
CSI 500 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IC2403 |
87,734 |
3,963 |
85,061 |
-2,380 |
84,510 |
-3,328 |
IC2404 |
14,948 |
2,099 |
20,599 |
2,292 |
18,961 |
2,143 |
IC2406 |
39,032 |
7,024 |
75,021 |
-28 |
78,434 |
176 |
IC2409 |
15,777 |
-528 |
41,628 |
838 |
41,061 |
1,113 |
CSI 1000 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IM2403 |
144,736 |
-9,572 |
80,631 |
-2,371 |
89,543 |
-2,283 |
IM2404 |
20,151 |
2,724 |
20,479 |
2,276 |
20,388 |
2,218 |
IM2406 |
55,614 |
-2,790 |
67,116 |
36 |
72,910 |
100 |
IM2409 |
26,616 |
124 |
45,085 |
1,257 |
46,083 |
1,280 |
*Index Options
Position of Top 20 members (Unit lots) |
||||||
CSI 300 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IO2403 |
128932 |
27351 |
58605 |
-2655 |
69683 |
-2193 |
IO2406 |
3826 |
-396 |
23333 |
520 |
27288 |
351 |
CSI 1000 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
MO2403 |
189563 |
-18625 |
85934 |
-164 |
85783 |
721 |
MO2404 |
17966 |
17966 |
17515 |
17515 |
16919 |
16919 |
MO2406 |
5759 |
1433 |
26739 |
458 |
29517 |
428 |
MO2409 |
4109 |
1050 |
27255 |
-207 |
27786 |
-170 |
SSE50 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
HO2403 |
63219 |
25460 |
35335 |
-1902 |
41118 |
-1020 |
*Treasury Futures
Position of Top 20 members (Unit lots) |
||||||
2-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TS2403 |
898 |
629 |
1,314 |
-560 |
1,314 |
-560 |
TS2406 |
54,898 |
-2,972 |
49,274 |
598 |
54,468 |
89 |
5-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TF2403 |
412 |
377 |
2,676 |
-410 |
2,676 |
-410 |
TF2406 |
83,000 |
2,925 |
94,849 |
708 |
97,980 |
1,133 |
10-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
T2403 |
82 |
-406 |
3,940 |
-64 |
3,940 |
-64 |
T2406 |
112,226 |
16,342 |
140,876 |
5,405 |
146,082 |
5,567 |
30-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TL2403 |
690 |
604 |
986 |
-668 |
986 |
-668 |
TL2406 |
71,135 |
10,163 |
45,322 |
1,218 |
47,170 |
642 |
*Night Session Commodities Market (As of 02:30 am)
Top 3 Gainers (Dominant Contract) |
|||||
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
RBD Palm Olein |
P2405 |
7,610.0 |
+1.49% |
217,920 |
469,814 |
Rapeseed Oil |
OI405 |
7,944.0 |
+1.27% |
143,880 |
272,657 |
Ethenylbenzene |
EB2404 |
9,188.0 |
+1.17% |
287,634 |
277,879 |
Top 3 Loser (Dominant Contract) |
|||||
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
Coking Coal |
JM2405 |
1,731.5 |
-1.68% |
34,688 |
129,987 |
LPG |
PG2404 |
4,709.0 |
-1.4% |
56,216 |
53,260 |
Crude Oil |
SC2404 |
608.5 |
-1.28% |
179,015 |
30,539 |
* Commodities (night session):
* Global crude oil price closed down collectively. April NYMEX crude oil contract down 0.76% to closed at $78.14/b, May Brent contract down 0.95% to closed at $82.01/b. INE crude oil active contract down 1.28% to 608.5 yuan/b.
* Precious metals closed mixed, COMEX gold active contract up 0.48% and closed at $2136.4/oz. SHFE gold active contract up 0.89% and closed at 499.90 yuan/gram.
* Metals closed mixed, LME nickel down 1.67%, LME copper down 0.63%, LME aluminum down 0.34%. SHFE nickel down 0.92%, SHFE tin down 0.39%, SHFE zinc up 0.41%.
* Commodity futures closed mixed, chemistry and energy products moved down mostly, LPG down 1.4%, glass down 1.09%, low sulfur fuel oil down 1%, EB up 1.17% on the contrast. Black series closed down collectively, coking coal down 1.68%, iron ore down 1.13%. Agricultural products closed up mostly, RBD palm olein up 1.49%, rapeseed oil up 1.27%.
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.