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Xi’s focus

-An article written by president Xi Jinping titled as “Boosting Domestic Demand Is a Strategic Move” is published in Qiushi magazine.

Sector News

-MIIT has announced China’s first approval for models equipped with L3 conditional autonomous driving. Two models, designed for urban congestion and highway scenarios respectively, will be tested in designated areas of Beijing and Chongqing. This marks a crucial step for China’s L3 autonomous driving technology, transitioning from the testing phase to commercial application.

-The MoC and five other departments jointly issued the Action Plan for Promoting High-Quality Development of Service Outsourcing, proposing to cultivate a group of internationally competitive leading enterprises in the service outsourcing sector by year 2030.

Dec 15 Block Trade Info

*Discount

-Guobo Electronics (688375 CH) saw 2 block trades worth 88.33mn at 70.66yuan per share, 8.60pct discount from last closing.

-Hwatsing Tech (688120 CH) saw 12 block trades worth 220.78mn at 144.43yuan per share, 7.01pct discount from last closing.

-Juneyao Airlines (603885 CH) saw 2 block trades worth 543.82mn at 12.45yuan per share, 9.12pct discount from last closing.

-Western Region Gold (601069 CH) saw 1 block trade worth 252.26mn at 27.69yuan per share, 1.98pct discount from last closing.

-Double Medical Tech (002901 CH) saw 1 block trade worth 244.40mn at 47.00yuan per share, 3.96pct discount from last closing.

-Binjiang Real Estate (002244 CH) saw 34 block trades worth 232.05mn at 9.19yuan per share, 8.10pct discount from last closing.

*Flat

-Hengyi Petrochemical (000703 CH) saw 5 block trades worth 1.40bn at 8.23yuan per share, flat from last closing.

For more insights, please visit Orient Futures Singapore’s research platform, 
Finoview.

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