Reading Time: < 1 minute

Sector
-CSRC issued the action plan for promoting the high-quality development of public funds, with a focus on the following: optimize the charging mode of actively managed funds, strengthen the binding of the interests of fund company and investors, enhance the ability of the industry to serve investors, improve the scale and stability of public fund equity investment.

Data
-As of the end of April 2025, China’s foreign exchange reserves was USD3281.7bn, up 41bn or 1.27% from the end of March.
-China’s Gold Reserves at the end of April was 73.77mn ounces, an increase of 70k ounces from the previous month, the sixth consecutive month to increase Gold Reserves.

May 7 Block Trade Info

*Discount
-Guoke Defence (688543 CH) saw 27 block trades worth 69.14mn at 50.50yuan per share,12.01pct discount from last closing.
-Deppon Logistics (603056 CH) saw 1 block trade worth 207.05mn at 13.14yuan per share,0.61pct discount from last closing.
-YTO Express (600233 CH) saw 31 block trades worth 266.59mn at 12.42yuan per share,5.98pct discount from last closing.
-Shengda Resources (000603 CH) saw 2 block trades worth 70.74mn at 12.41yuan per share,9.94pct discount from last closing.

*Premium
-CATL (300750 CH) saw 1 block trade worth 605.48mn at 248.10yuan per share,3.98pct premium from last closing.

Disclaimer

We, Orient Futures International (Singapore) Pte. Ltd. (“OFIS”) (UEN No. 201831776Z), hold a capital markets services licence (CMS100869) from the Monetary Authority of Singapore for dealing in capital market products such as futures/derivatives contracts, and spot foreign exchange contracts for the purposes of leveraged foreign exchange trading, and is an Exempt Financial Adviser. For more information about OFIS, please check the MAS Financial Institutions Directory by clicking here.

All content, materials, information, data, statistics, features, research, documents or reports available on our website (including this article) which are financial in nature (the “Content”) are governed by our Terms of Use. By accessing, using or downloading any Content, you are deemed to have consented and agreed to the Terms of Use.

We distribute information/research (which may be prepared by us directly or produced by our foreign affiliated companies within the Orient Group of companies) pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations. The information/research herein is prepared and distributed in Singapore and is intended for our clients who are Accredited Investors, Expert Investors or Institutional Investors only. If you are not an Accredited Investor, Expert Investor or Institutional Investor, you hereby acknowledge and agree that you are not the intended audience of all Content available on our website, and you undertake to immediately cease your access to any Content available on our website.

You agree to access and accept all Content available on our website on an “as-is” and “as available” basis. You agree that OFIS shall not have any responsibility or liability arising out of or in connection with, and you agree to waive the right to bring any claims or raise any complaints against OFIS in respect of any Content available on our website. OFIS shall also not be liable for any damage, loss or liability of any kind (whether actual, anticipated, consequential, special, economic or otherwise) caused as a result (direct or indirect) of the use of, or inability to access or use, the website, including but not limited to any damage, loss or liability suffered as a result of your reliance on the Content or our website.

OFIS does not make any representations, and hereby disclaim all warranties, express or implied, statutory or otherwise to the extent permitted by law, in respect of our website and all Content therein. To the fullest extent permissible, OFIS does not warrant and hereby disclaims any warranty as to the accuracy, correctness, completeness, reliability, timeliness, non-infringement, title, merchantability or fitness for any particular purpose of the Content.

All Content available on our website are general in nature and have been prepared without any consideration of your investment objectives, financial situations or needs. You should consider the appropriateness of any Content available on our website having regard to your personal circumstances before making any investment decisions. You should take into account your investment objectives and financial situation and seek advice from an independent financial advisor under a separate engagement if necessary.

Subscribe to our weekly newsletter to get the latest market news