Aerial view of lush green rice paddies divided by dirt paths and a muddy irrigation canal in a tropical landscape.
Reading Time: < 1 minute

Sectors

-State Administration of Foreign Exchange carries out pilot green foreign debt business, and encourage non-financial enterprises to use cross-border financing funds for green or low-carbon transformation projects.

Co’s focus

-DeepSeek-V3.1 was released, and DeepSeek-V3.1-Think can provide answers in a shorter time than DeepSeek-R1-0528. Through post-training optimization, the new model has significantly improved its performance in tool use and Intelligent Agent tasks.

-ALIBABA proposed to spin off ZEBRA NETWORKS TECHNOLOGY INC. to list independently on the main board of HKEX.

-Xpeng Motors announced that He Xiaopeng purchased 3.1 mio shares of the company in the open market from Aug 20 to Aug 21 through Galaxy Dynasty, which is wholly owned by him, at an average price of HKD 80.49.

-Xiaomi Auto officially announced that it would participate in the Chengdu International Auto Show from Aug 29 to Sep 7.

Aug 21 Block Trade Info

*Discount

-Qilu Bank (601665 CH) saw 1 block trade worth 108.80mn at 5.73yuan per share, 2.39pct discount from last closing.

-Limin Group (002734 CH) saw 17 block trades worth 70.66mn at 19.02yuan per share, 11.20pct discount from last closing.

*Flat

-China Yangtze Power (600900 CH) saw 1 block trade worth 65.45mn at 27.85yuan per share, flat from last closing.

-Hengli Petrochemical (600346 CH) saw 2 block trades worth 199.97mn at 16.81yuan per share, flat 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