DZ20241126

 

Industrial Economy

*MIIT and twelve other departments jointly issued the “5G large-scale application upgrade plan”, which proposes that by the end of 2027, 5G large-scale application will be fully realized.

*President Trump may plan to repeal Biden’s Clean Power Plan, which emphasizes the role of natural gas resources.

*Shanghai issued the “Notice on Launching the Pilot Work of Value-added Telecommunications Services to Expand the Opening Up to the Outside World”.

*Shanghai agreed the “Several Measures to Accelerate the Improvement of the fertility Support Policy System and Promote the Construction of a childbearing Friendly Society”, which points out to reduce the cost of childbirth, parenting and education, and further strengthen the guarantee of basic public services.

 

Financial

*PBoC and nine other departments jointly held a meeting to promote scientific and technological innovation and technological transformation loans, which proposes that more policies will be given to the private sector and small and medium-sized enterprises.

*Premier Li Qiang talked with representatives of participating enterprises of the 2nd China International Supply Chain Promotion Expo, who emphasized to step up counter-cyclical adjustment efforts, cultivate and strengthen new drivers of growth and accelerate the construction of a modern industrial system.

*MoC and Zhejiang Province jointly issued the “Construction Plan of Bulk Commodity Resource Allocation Hub in China (Zhejiang) Pilot Free Trade Zone”, which encourages financial institutions to provide long-term and stable financial support for the construction of bulk commodity storage and transportation infrastructure by means of equity investment, bonds, private equity funds and insurance asset management products.

 

Nov 25 Block Trade Info

*Discount

-SAIC Motor (600104 CH) saw 2 block trades worth 135.17mn at 19.31yuan per share,0.97pct discount from last closing.

-Minsheng Banking (600016 CH) saw 2 block trades worth 1.43bn at 3.62yuan per share,6.94pct discount from last closing.

 

*Flat

-Shaanxi Coal (601225 CH) saw 1 block trades worth 281.24mn at 23.18yuan per share,flat from last closing.

-Zangge Mining (000408 CH) saw 1 block trades worth 98.56mn at 28.16yuan per share,flat from last closing.

 

*Margin Trade

Total Margin Balance

1.8268 trillion

Total Short Selling Balance

10.5 billion

SH Margin Balance

0.9429 trillion

SH Short Selling Balance

7.2 billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

603019

268mio

601099

1.3mio

600900

235mio

600010

0.9mio

600519

234mio

601162

0.5mio

601360

232mio

601288

0.4mio

600105

175mio

603077

0.4mio

SZ Margin Balance

0.8801 trillion

SZ Short Selling Balance

3.3 billion

Top Five Margin Trade Net Bought (in CNY)

Top Five Short Selling Net Sold (in shares)

300058

292mio

000928

0.4mio

300418

235mio

000425

0.3mio

000158

231mio

300182

0.3mio

002611

231mio

000061

0.3mio

002460

223mio

000636

0.3mio

 

*Connection Trade

SH-HK Connection (bn cny/hkd)

SZ-HK Connection (bn cny/hkd)

Northbound Turnover

108.31

Northbound Turnover

116.24

Southbound Net Cash Flow

+0.7

Southbound Net Cash Flow

+0.5

Top 5 Northbound Turnover/Shanghai

Top 5 Northbound Turnover/Shenzhen

Name

Market Value (mio cny)

Name

Market Value (mio cny)

600519

1869

300750

2685

600030

1783

002594

1865

688041

1340

300059

1695

601318

1311

000333

1642

601127

1196

300308

1400

           

 

*Index Futures

Position of Top 20 members (Unit lots)

CSI 300
Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IF2412

165,012

-3,943

111,427

-745

134,584

-1,085

IF2503

48,638

1,144

50,984

-100

65,563

-142

IF2506

15,580

877

16,885

11

24,462

310

SSE 50
Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IH2412

87,114

1,286

53,863

-2,245

67,797

-2,852

IH2503

23,087

-1,901

19,553

-825

28,091

-1,062

CSI 500
Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IC2412

138,307

5,069

101,345

-2,494

105,120

-2,256

IC2503

41,636

782

56,849

-468

60,289

-790

IC2506

14,591

-233

19,791

367

22,856

310

CSI 1000
Index Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IM2412

274,714

12,462

136,994

3,903

146,887

3,524

IM2501

17,651

4,086

8,855

659

8,776

792

IM2503

88,639

9,425

73,001

3,543

79,961

3,278

IM2506

30,569

881

30,770

-484

34,517

-280

 

*Index Options

Position of Top 20 members (Unit lots)

CSI 300 Index Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

IO2412

156159

13530

85871

1791

101055

1192

CSI 1000 Index
Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

MO2412

222117

16555

102768

890

111612

1953

MO2503

8822

1223

19011

105

21017

-190

SSE50 Index
Options

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

HO2412

57041

1627

43314

1373

50049

1882

 

*Treasury Futures

Position of Top 20 members (Unit lots)

2-Year Treasury
Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TS2412

17,321

-16,770

17,912

-1,896

18,147

-2,536

TS2503

82,297

36,370

42,614

3,300

50,319

4,482

5-Year Treasury
Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TF2412

86,864

-24,921

43,781

-13,170

47,299

-16,438

TF2503

115,162

58,741

78,588

14,472

86,413

15,264

10-Year Treasury
Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

T2412

69,160

-27,116

41,691

-14,782

42,478

-16,468

T2503

144,026

12,511

153,101

19,273

150,756

21,602

30-Year Treasury
Bond Futures

Trading Volume

Change*

Long OI

Change*

Short OI

Change*

TL2412

30,555

-4,550

21,587

-3,076

21,712

-4,331

TL2503

106,488

12,888

55,176

5,024

59,159

5,078

 

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

Top 3 Gainers (Dominant Contract)

Product

Contract

Price

Change %

Trading Volume

Open Interests

TSR 20

NR2501

14,190.0

+1.68%

33,581

41,976

Nickel

NI2501

128,710.0

+1.29%

73,372

77,591

Zinc

ZN2501

25,080.0

+1.07%

80,604

111,501

Top 3 Loser (Dominant Contract)

Product

Contract

Price

Change %

Trading Volume

Open Interests

Gold

AU2502

608.2

-2.8%

271,829

168,898

Silver

AG2502

7,589.0

-2.29%

812,052

382,379

Crude Oil

SC2501

528.1

-2%

119,853

24,817

 

* Commodities (night session):

* Global crude oil price closed down. January NYMEX crude oil contract down about 3.03% to closed at $69.08/b, February Brent contract down about 2.75% to closed at $72.58/b. INE crude oil active contract down about 2% to 528.1 yuan/b.

* Precious metals closed down, COMEX gold active contract down 3.16% and closed at $2626.4/oz. SHFE gold active contract down 2.8% to closed at 608.2 yuan/gram.

* Metals closed up, LME copper up 0.85%, LME zinc up 1.8%, LME nickel up 1.25%, LME aluminum up 0.9%, LME tin up 0.02%, LME lead up 0.02%, SHFE nickel up 1.29%, SHFE zinc up 1.07%, SHFE aluminum up 0.66%, SHFE copper up 0.2%, aluminum oxide up 0.06%, SHFE tin down 0.1%, Stainless Steel down 0.19%.

* Commodity futures closed mixed, glass down 1.44%, Ethenylbenzene down 1.07%, TSR 20 up 1.68%, RBD palm olein up 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.