Intl Traders
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Finance

-To better meet the short-term liquidity needs of the banking system, the PBOC will conduct overnight reverse repo operations on August 14, and from August 17 to August 19. The operations will adopt fixed-rate quantity bidding, with a daily operation volume capped at 600 billion yuan.

Industry

-Omdia stated in a report that as AI demand continues to outstrip global supply capacity, it has revised up its forecast for global semiconductor market revenue growth in 2026 to a year-on-year increase of 94.1%.

-The domestically-developed large passenger aircraft C919 has successfully completed its first commercial international flight.

Data

-Data released by the China Association of Automobile Manufacturers shows that China’s automobile output and sales reached 2.573 million units and 2.584 million units respectively in July.

-NEV output and sales hit 1.576 million units and 1.561 million units, rising 26.8% and 23.7% y/y. The production and sales volume of battery electric vehicles both exceeded 1 million units, up over 30% y/y.

Aug 12 Block Trade Info

*Discount

-JIEMEI ELECTRONIC AND TECHNOLOGY (002850 CH) saw 1 block trade worth 2.25mn at 99.73yuan per share, 10.00pct discount from last closing.

-YUNNAN GERMANIUM (002428 CH) saw 1 block trade worth 4.99mn at 110.48yuan per share, 10.00pct discount from last closing.

-YILI (600887 CH) saw 1 block trade worth 12.88mn at 28.72yuan per share, 10.00pct discount from last closing.

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

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