Financial Background
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Industry Level
 
-An official decree indicates that the Democratic Republic of the Congo (DRC) will ban exports of copper concentrate and cobalt concentrate. Under its new tax regime, the country will levy taxes on economically significant mining by-products applying a valuation coefficient of 55%. The new taxation framework will take effect in three months.
 
Co Focus
 
-Unitree Technology: IPO offering price set at RMB 150.80 per share; subscription opens on August 10.
 
-A major update was disclosed on August 6 via the official website of the CSRC that Shanghai Turing Quantum Computing Co., Ltd. has submitted its tutoring filing application to the Shanghai Regulatory Bureau of the CSRC and signed an agreement with Guotai Haitong Securities, officially embarking on its A-share listing journey.
 
-Tracking data on third-party quotation platforms shows that the wholesale price of the 8th Generation Wuliangye has seen a notable jump starting August 4, rising from the earlier RMB 730 per bottle to RMB 745.
 
-DeepSeek issued an announcement stating that it plans to comprehensively raise pricing for DeepSeek API services in the near term with an expected substantial increase. Final terms will be subject to the official notice.
 
Aug 6 Block Trade Info
 
*Discount
 
-PUYA (688766 CH) saw 1 block trade worth 43.46mn at 381.00yuan per share, 20.00pct discount from last closing.
 
-CATL (300750 CH) saw 1 block trade worth 83.10mn at 418.00yuan per share, 19.85pct discount from last closing.
 
-Cambricon (688256 CH) saw 1 block trade worth 7.12mn at 1535.01yuan per share, 8.59pct discount from last closing.
 
For more insights, please visit Orient Futures Singapore’s research platform, Finoview.

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