DZ20240823

 

Financial

*The launching meeting of the Sino-US circular economy expert dialogue was held in Beijing, which proposes to deepen technological exchanges, serve policy dialogues, drive pragmatic cooperation, and make greater contributions to China-US climate cooperation and circular economy development.

 

Industrial Economy

*MIIT released the first batch of enterprises that meet the requirements of the “E-bike Industry Specification”, with TECHS and other six companies included.

*Shanghai: Aim at the needs of integrated development of digital economy and real economy, deepen market-oriented allocation reform of data elements, improve data basic systems and infrastructure, promote urban digital transformation, and continuously create a new situation for Shanghai’s data work, stated by Mayor Gong Zheng.

 

Data

*CPCAAUTO: August retail sales of narrow passenger car market reached 1.84mio units, down 4.4% y/y and up 7.0% m/m, with the retail sales of NEV reached 980k units, up 36.6% y/y and up 11.6% m/m, and the penetration rate is expected to increase to 53.2%.

 

Aug 22 Block Trade Info

*Discount

- Poly (600048 CH) saw 5 block trades worth 149.15mn at 7.85yuan per share, 1.38pct discount from last closing.

-Minsheng Banking (600016 CH) saw 6 block trades worth 191.27mn at 3.30/3.32/3.47yuan per share, 0.57/4.87/5.44pct discount from last closing.

 

*Flat

- Hikvision (002415 CH) saw 1 block trades worth 207.76mn at 26.22yuan per share, flat from last closing.

 

*Margin Trade

Total Margin Balance

1.3907 trillion

Total Short Selling Balance

12.5 billion

SH Margin Balance

0.7320 trillion

SH Short Selling Balance

8.3 billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

600276

128mio

601868

0.6mio

603259

56.4mio

601016

0.4mio

688981

48.9mio

601099

0.4mio

601766

45.7mio

600048

0.3mio

603799

42.9mio

601991

0.3mio

SZ Margin Balance

0.6577 trillion

SZ Short Selling Balance

4.3 billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

000810

70.8mio

002673

0.4mio

300750

56.8mio

000932

0.4mio

301316

54.6mio

000758

0.3mio

000630

41.3mio

002131

0.2mio

002463

37.5mio

002701

0.2mio

 

*Connection Trade

SH-HK Connection (bn cny/hkd)

SZ-HK Connection (bn cny/hkd)

Northbound Turnover

43.02

Northbound Turnover

43.88

Southbound Net Cash Flow

+1.565

Southbound Net Cash Flow

-1.648

Top 5 Northbound Turnover/Shanghai

Top 5 Northbound Turnover/Shenzhen

Name

Market Value (mio cny)

Name

Market Value (mio cny)

600519

832

300750

1448

600900

778

002475

952

600276

720

300760

597

601127

661

000333

548

601398

580

000858

533

           

 

*Index Futures

Position of Top 20 members (Unit lots)

CSI 300 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IF2409

78,105

8,727

93,076

-175

117,304

448

IF2412

19,838

440

42,947

633

53,288

700

IF2503

5,499

631

14,059

464

16,535

561

SSE 50 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IH2409

42,579

3,531

44,589

1,254

55,745

926

IH2412

10,131

-638

14,809

-274

20,997

-428

CSI 500 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IC2409

77,038

20,552

104,068

3,914

106,167

4,298

IC2412

27,354

8,107

66,966

3,776

63,687

3,841

IC2503

9,965

793

25,292

1,161

24,548

1,262

CSI 1000 Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IM2409

124,744

21,946

106,297

5,850

119,495

5,379

IM2412

39,388

7,140

61,657

4,049

67,199

3,999

IM2503

16,084

893

28,317

1,287

27,959

1,753

 

*Index Options

Position of Top 20 members (Unit lots)

CSI 300 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IO2409

64805

2212

73253

1626

85640

2333

CSI 1000 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

MO2409

152064

55401

93604

6497

106729

7710

MO2412

5592

2614

24662

424

26746

510

SSE50 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

HO2409

21275

-1491

27840

535

30846

677

 

*Treasury Futures

Position of Top 20 members (Unit lots)

2-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TS2409

12,376

-2,296

15,186

-1,610

15,534

-1,802

TS2412

74,845

6,543

30,077

1,322

33,240

1,487

5-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TF2409

18,974

-4,071

26,654

-2,251

27,235

-2,938

TF2412

114,156

9,055

94,877

4,023

94,063

2,796

10-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

T2409

31,447

-9,587

51,162

-6,182

51,561

-6,496

T2412

119,538

-301

143,207

7,393

143,884

8,473

30-Year Treasury Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TL2409

18,792

-675

28,809

-1,573

26,919

-1,353

TL2412

77,619

-5,430

56,610

544

59,907

320

 

*Night Session Commodities Market (As of 02:30 am)

Top 3 Gainers (Dominant Contract)

Product

Contract

Price

Change %

Trading Volume

Open Interests

Low Sulfur Fuel Oil

LU2411

4,044.0

+1.53%

70,829

94,857

Zinc

ZN2410

23,825.0

+0.76%

101,147

120,163

Fuel Oil

FU2411

2,998.0

+0.71%

284,091

263,949

Top 3 Loser (Dominant Contract)

Product

Contract

Price

Change %

Trading Volume

Open Interests

Soda Ash

SA501

1,553.0

-3.24%

718,037

1,011,853

Glass

FG501

1,261.0

-2.7%

291,311

735,768

Coking Coal

JM2501

1,323.5

-2.65%

56,847

150,657

 

* Commodities (night session):

* Global crude oil price closed up collectively. October NYMEX crude oil contract up 1.46% to closed at $72.98/b, October Brent contract up 1.43% to closed at $77.14/b. INE crude oil active contract up 0.26% to 544.9 yuan/b.

* Precious metals closed down collectively, COMEX gold active contract down 1.06% and closed at $2520.6/oz. SHFE gold active contract down 0.52% to closed at 571.16 yuan/gram.

* Metals closed down mostly, LME nickel down 2.19%, LME copper down 1.51%, LME lead down 1.39%. SHFE lead down 1.06%, SHFE nickel down 0.93%, bonded copper down 0.69%. SHFE zinc up 0.76% on the contrast.

* Commodity futures closed down mostly, chemistry and energy products closed down collectively, soda ash down 3.24%, glass down 2.7%, PVC down 2.51%. Black series closed down collectively, coking coal down 2.65%, coke down 2.54%, hot-rolled coil down 1.19%. Agricultural products closed down mostly, rapeseed meal down 1.81%, No.2 soybeans down 1.04%, soybean meal down nearly 1%.

 

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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.