DZ20240530
Xi’s Emphasis
*Chairman Xi Jinping recently made important instructions on further improving the construction of the “Four Good Rural Roads” and pointed out to promote high-quality development in rural areas.
Industrial Economy
*State Council issued the “Action Plan for Energy Conservation and Carbon Reduction from 2024 to 2025”, which proposes that in 2024, the energy consumption and carbon dioxide emissions per unit of GDP will be reduced by about 2.5% and 3.9% respectively.
*NDRC, MoF and multiple departments jointly issued the “National Disease Prevention and Control Action Plan (2024-2025)”.
*Ministry of Ecology and Environment prepared the “Implementation Plan for Establishing Carbon Footprint Management System”, which is planned to be jointly issued with other departments in the near future to establish a unified and standardized carbon footprint management system.
Data
*CPCAAUTO: From May 1st to 26th, the retail sales of the passenger car market reached 1.208mio units, down 6% y/y and down 2% y/y, with the retail sales of the NEV reached 0.57mio units, up 27% y/y and up 2% m/m respectively.
May 29 Block Trade Info
*Discount
- Skyverse Tech (688361 CH) saw 5 block trades worth 55.64mn at 51.14/51.29yuan per share, 1/1.29pct discount from last closing.
- Shaanxi Coal Industry (600094 CH) saw 3 block trades worth 56.96mn at 4.21yuan per share, 9.85pct discount from last closing.
*Flat
- Zijing Mining (601899 CH) saw 1 block trades worth 74.35mn at 18.45yuan per share, flat from last closing.
- Dong-E-E-Jiao (000423 CH) saw 1 block trades worth 71.41mn at 68.80yuan per share, flat from last closing.
*Margin Trade
Total Margin Balance |
1.4917 trillion |
Total Short Selling Balance |
38.8 billion |
SH Margin Balance |
0.7884 trillion |
SH Short Selling Balance |
24.7 billion |
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
603501 |
147mio |
600415 |
2.7mio |
601939 |
75.5mio |
601866 |
2.2mio |
600546 |
71.6mio |
601162 |
1.3mio |
600383 |
61.1mio |
600157 |
1.3mio |
601600 |
55.0mio |
600483 |
0.7mio |
SZ Margin Balance |
0.7022 trillion |
SZ Short Selling Balance |
14.1 billion |
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
002594 |
93.6mio |
002506 |
1.5mio |
000560 |
92.2mio |
000783 |
1.3mio |
300750 |
74.9mio |
002195 |
0.7mio |
002155 |
55.1mio |
300956 |
0.6mio |
300073 |
55.0mio |
002607 |
0.5mio |
*Connection Trade
SH-HK Connection (bn cny/hkd) |
SZ-HK Connection (bn cny/hkd) |
||||
Northbound Net Cash Flow |
+2.371 |
Northbound Net Cash Flow |
+1.028 |
||
Southbound Net Cash Flow |
+3.810 |
Southbound Net Cash Flow |
+2.964 |
||
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 |
601899 |
218 |
0.46 |
605117 |
315 |
7.32 |
002594 |
206 |
0.34 |
000651 |
252 |
1.08 |
601012 |
201 |
1.43 |
600519 |
248 |
0.12 |
600900 |
196 |
0.30 |
601398 |
203 |
0.10 |
600309 |
151 |
0.53 |
601288 |
177 |
0.11 |
*Index Futures
Position of Top 20 members (Unit lots) |
||||||
CSI 300 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IF2406 |
77,207 |
7,311 |
83,815 |
76 |
99,333 |
131 |
IF2409 |
25,516 |
5,872 |
59,006 |
1,692 |
82,694 |
2,548 |
IF2412 |
5,516 |
572 |
13,375 |
506 |
16,530 |
743 |
SSE 50 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IH2406 |
46,770 |
6,999 |
41,479 |
3,057 |
50,125 |
3,283 |
IH2409 |
15,248 |
3,987 |
24,828 |
1,590 |
36,670 |
1,817 |
CSI 500 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IC2406 |
72,285 |
8,002 |
105,199 |
-712 |
104,505 |
891 |
IC2409 |
20,724 |
2,653 |
63,415 |
221 |
66,351 |
66 |
IC2412 |
12,099 |
1,583 |
33,848 |
1,736 |
31,731 |
1,671 |
CSI 1000 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IM2406 |
116,089 |
8,878 |
94,778 |
3,791 |
100,809 |
3,947 |
IM2409 |
41,715 |
6,606 |
60,643 |
2,186 |
68,413 |
2,771 |
IM2412 |
18,792 |
701 |
36,407 |
819 |
34,926 |
579 |
*Index Options
Position of Top 20 members (Unit lots) |
||||||
CSI 300 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IO2406 |
75541 |
310 |
65239 |
-1761 |
72859 |
-1670 |
IO2409 |
2096 |
-898 |
24380 |
149 |
27210 |
62 |
CSI 1000 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
MO2406 |
154815 |
11595 |
84586 |
669 |
90913 |
543 |
MO2409 |
5819 |
1061 |
26987 |
174 |
30470 |
340 |
SSE50 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
HO2406 |
24048 |
1595 |
30121 |
-388 |
33375 |
-411 |
*Treasury Futures
Position of Top 20 members (Unit lots) |
||||||
2-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TS2406 |
3,435 |
353 |
15,539 |
-311 |
15,577 |
-455 |
TS2409 |
34,512 |
-2,922 |
45,760 |
300 |
48,301 |
771 |
5-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TF2406 |
6,758 |
-2,775 |
31,343 |
-1,170 |
31,315 |
-1,143 |
TF2409 |
72,383 |
-25,708 |
88,823 |
1,878 |
94,061 |
3,255 |
10-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
T2406 |
7,395 |
-4,533 |
47,136 |
-1,396 |
47,049 |
-1,272 |
T2409 |
90,106 |
-18,427 |
139,975 |
1,705 |
134,921 |
4,682 |
30-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TL2406 |
3,640 |
-2,397 |
17,760 |
-472 |
17,693 |
-441 |
TL2409 |
47,786 |
-17,352 |
57,324 |
-1,257 |
55,176 |
-515 |
*Night Session Commodities Market (As of 02:30 am)
Top 3 Gainers (Dominant Contract) |
|||||
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
TSR 20 |
NR2407 |
13,445.0 |
+4.31% |
96,860 |
44,462 |
Natural Rubber |
RU2409 |
15,730.0 |
+2.98% |
527,690 |
230,124 |
Aluminum |
AL2407 |
21,895.0 |
+2.77% |
246,616 |
267,920 |
Top 3 Loser (Dominant Contract) |
|||||
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
Cotton |
CF409 |
15,505.0 |
-0.42% |
136,606 |
517,833 |
Gold |
AU2408 |
557.5 |
-0.37% |
88,442 |
181,421 |
Low Sulfur Fuel Oil |
LU2408 |
4,186.0 |
-0.33% |
50,212 |
76,879 |
* Commodities (night session):
* Global crude oil price closed down collectively. July NYMEX crude oil contract down 0.69% to closed at $79.28/b, August Brent contract down 0.67% to closed at $83.38/b. INE crude oil active contract down 0.13% to 616.5 yuan/b.
* Precious metals closed mixed, COMEX gold active contract down 0.83% and closed at $2336.9/oz. SHFE gold active contract down 0.37% and closed at 557.52 yuan/gram.
* Metals closed up mostly, LME aluminum up 2.36%, LME tin up 0.46%, LME zinc up 0.39%, LME lead down 1.15%. SHFE aluminum up 2.77%, SHFE tin up 0.77%, SHFE zinc up 0.76%, SHFE lead up 0.50%.
* Commodity futures closed up mostly, chemistry and energy products closed up collectively, TSR 20 up 4.31%, natural rubber up 2.98%, butadiene rubber up 2.81%, glass up 2.75%, soda ash up 2.23%. Black series closed up collectively, coke up 2.63%, steel rebar up 1.71%, hot-rolled coil up 1.55%. Agricultural products closed mixed, rapeseed oil up nearly 1%.
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.