DZ20240614
Financial
*State Council Premier Li Qiang recently signed State Council Order to announce the “Light Competition Review Regulations”, which specifies fair competition review standards and will be implemented from August 1st, 2024.
*NDRC held a meeting of the inter-ministerial joint meeting to promote large-scale equipment updates and trade-in for consumer goods, which requires increasing policy support, accelerating the landing of various types of funds, and enabling real money discounts to reach enterprises and consumers directly.
Industrial Economy
*National Healthcare Security Administration researched and drafted the “2024 National Basic Medical Insurance, Work-related Injury Insurance and Maternity Insurance Drug List Adjustment Work Plan”, including the scope of the 2024 Drug List adjustment and related work procedures, to solicit public opinions.
*Qingdao City issued the “Action Plan for High-Quality Development of New Energy Automobile Industry”, which mentioned that by 2025, achieve a total vehicle production of 400k units, and cultivate two NEV production enterprises with an annual output of more than 100k units, and the market penetration rate of new cars will reach about 45%.
June 13 Block Trade Info
*Discount
- Keboda (603786 CH) saw 45 block trades worth 502.91mn at 64.00yuan per share, 6.57pct discount from last closing.
*Flat
- BJ-SH High Speed Railway (601816 CH) saw 1 block trades worth 95.85mn at 5.17yuan per share, flat from last closing.
- Bank of Communications (601328 CH) saw 1 block trades worth 120.76mn at 7.04yuan per share, flat from last closing.
- Sunlord (002138 CH) saw 1 block trades worth 78.48mn at 26.16yuan per share, flat from last closing.
*Margin Trade
Total Margin Balance |
1.4770 trillion |
Total Short Selling Balance |
33.9 billion |
SH Margin Balance |
0.7829 trillion |
SH Short Selling Balance |
22.0 billion |
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
688981 |
153mio |
600157 |
4.5mio |
600519 |
98.2mio |
601901 |
3.2mio |
688347 |
61.5mio |
601238 |
2.4mio |
600171 |
56.3mio |
688469 |
2.1mio |
601600 |
53.2mio |
601099 |
1.5mio |
SZ Margin Balance |
0.6929 trillion |
SZ Short Selling Balance |
11.9 billion |
Top Five Margin Trade Net Bought (in CNY) |
Top Five Short Selling Net Sold (in shares) |
||
002594 |
204mio |
002458 |
1.0mio |
000001 |
135mio |
000090 |
0.7mio |
002085 |
122mio |
002219 |
0.6mio |
002371 |
113mio |
000629 |
0.6mio |
002049 |
75.8mio |
002385 |
0.6mio |
*Connection Trade
SH-HK Connection (bn cny/hkd) |
SZ-HK Connection (bn cny/hkd) |
||||
Northbound Net Cash Flow |
-3.470 |
Northbound Net Cash Flow |
-2.836 |
||
Southbound Net Cash Flow |
+1.299 |
Southbound Net Cash Flow |
+2.699 |
||
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 |
601138 |
403 |
0.83 |
000858 |
600 |
1.12 |
002475 |
320 |
1.33 |
600519 |
448 |
0.23 |
002714 |
319 |
1.25 |
002271 |
302 |
8.25 |
605111 |
197 |
15.87 |
000333 |
301 |
0.66 |
300498 |
180 |
1.26 |
688525 |
269 |
10.71 |
*Index Futures
Position of Top 20 members (Unit lots) |
||||||
CSI 300 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IF2406 |
69,685 |
6,991 |
68,750 |
-1,487 |
81,053 |
-2,098 |
IF2407 |
11,841 |
4,250 |
15,626 |
2,205 |
20,013 |
2,497 |
IF2409 |
27,481 |
5,436 |
66,950 |
1,928 |
93,815 |
2,345 |
IF2412 |
11,269 |
5,228 |
19,036 |
2,377 |
23,251 |
2,747 |
SSE 50 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IH2406 |
40,863 |
3,636 |
35,552 |
-356 |
39,381 |
-1,007 |
IH2407 |
9,236 |
3,870 |
9,116 |
763 |
12,062 |
1,253 |
IH2409 |
14,445 |
2,380 |
29,609 |
1,127 |
43,720 |
1,498 |
IH2412 |
3,576 |
847 |
7,171 |
350 |
9,702 |
610 |
CSI 500 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IC2406 |
65,192 |
4,062 |
84,448 |
-1,286 |
84,083 |
-1,740 |
IC2407 |
11,950 |
710 |
19,225 |
1,127 |
18,305 |
949 |
IC2409 |
23,814 |
-151 |
66,032 |
491 |
69,307 |
792 |
IC2412 |
12,232 |
-94 |
41,825 |
1,124 |
39,589 |
1,292 |
CSI 1000 Index Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IM2406 |
99,343 |
2,232 |
75,370 |
-3,198 |
78,804 |
-2,152 |
IM2407 |
17,138 |
3,270 |
17,492 |
1,995 |
20,380 |
2,180 |
IM2409 |
42,091 |
5,114 |
62,842 |
2,779 |
70,534 |
2,371 |
IM2412 |
18,895 |
1,214 |
43,605 |
929 |
41,860 |
894 |
*Index Options
Position of Top 20 members (Unit lots) |
||||||
CSI 300 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
IO2406 |
85070 |
11952 |
64993 |
-346 |
75389 |
-1211 |
IO2407 |
17122 |
4839 |
24031 |
1222 |
26960 |
1342 |
IO2409 |
2968 |
436 |
28101 |
364 |
31875 |
395 |
CSI 1000 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
MO2406 |
164117 |
-3373 |
85344 |
-26 |
91954 |
-1087 |
MO2407 |
21866 |
4516 |
19226 |
1384 |
20336 |
1461 |
MO2409 |
5430 |
-676 |
28627 |
162 |
33479 |
72 |
MO2412 |
1941 |
-795 |
18066 |
275 |
19335 |
272 |
SSE50 Index Options |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
HO2406 |
37067 |
3807 |
31954 |
217 |
36390 |
-474 |
*Treasury Futures
Position of Top 20 members (Unit lots) |
||||||
2-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TS2409 |
51,107 |
4,519 |
44,054 |
-1,590 |
46,111 |
-2,218 |
5-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TF2409 |
91,779 |
-2,465 |
94,591 |
-4,118 |
102,497 |
-4,383 |
10-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
T2409 |
78,480 |
-7,363 |
154,156 |
1,149 |
151,547 |
1,932 |
30-Year Treasury Bond Futures |
Trading Volume |
Change* |
Long OI |
Change* |
Short OI |
Change* |
TL2409 |
50,226 |
716 |
57,879 |
906 |
54,806 |
861 |
*Night Session Commodities Market (As of 02:30 am)
Top 3 Gainers (Dominant Contract) |
|||||
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
Coke |
J2409 |
2,290.0 |
+2.1% |
13,969 |
30,352 |
Iron Ore |
I2409 |
827.0 |
+1.91% |
138,397 |
389,332 |
Corn Starch |
CS2407 |
2,851.0 |
+0.81% |
68,784 |
64,697 |
Top 3 Loser (Dominant Contract) |
|||||
Product |
Contract |
Price |
Change % |
Trading Volume |
Open Interests |
Silver |
AG2408 |
7,645.0 |
-2.11% |
971,804 |
398,459 |
TSR 20 |
NR2408 |
12,935.0 |
-1.71% |
45,017 |
67,917 |
Rapeseed Meal |
RM409 |
2,668.0 |
-1.69% |
366,841 |
958,554 |
* Commodities (night session):
* Global crude oil price closed down collectively. July NYMEX crude oil contract down 0.73% to closed at $77.93/b, August Brent contract down 0.58% to closed at $82.12/b. INE crude oil active contract up 0.36% to 608.2 yuan/b.
* Precious metals closed down collectively, COMEX gold active contract down 1.49% and closed at $2319.7/oz. SHFE gold active contract down 0.75% and closed at 545.68 yuan/gram.
* Metals closed down collectively, LME nickel down 1.72%, LME tin down 1.63%, LME copper down 1.58%, LME aluminum down 1.2%. SHFE tin down 1.62%, SHFE nickel down 1.40%, bonded copper down 0.86%.
* Commodity futures closed down mostly, chemistry and energy products closed down collectively, butadiene rubber down 2.1%, TSR 20 down 1.71%, natural rubber down 1.45%. Black series closed up collectively, coke up 2.1%, iron ore up 1.91%. Agricultural products closed down mostly, rapeseed meal down 1.69%, rapeseed oil down 1.03%.
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.