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Data
-PBoC: At end-August 2026, outstanding aggregate financing to the real economy (AFRE) stood at RMB 464.8 trillion, up 7.2% YoY. Cumulative AFRE increment in the first eight months reached RMB 23.91 trillion, RMB 2.64 trillion lower than the same period last year. RMB deposits rose by RMB 18.99 trillion in the first eight months.
Policy
-The NMPA released China’s third national standard for brain-computer interface (BCI) medical devices on Sept 14, the world’s first BCI device standard adopting AI for EEG data processing. It will take effect on September 1 next year.
-Guangzhou released its 15th Five-Year Plan for Marine Economy Development, focusing on offshore commercial space launch, recovery, testing and O&M industrial chains.
Co Focus
-The company has commenced mass shipments of products for 1.6T switches and advanced pre-research on supporting products for 3.2T switches.
-Reports state FAW Group may acquire equity in GAC Group (601238.SH) via asset allocation, forming a joint‑associated partnership. Neither side has disclosed relevant details as of press time.
Sep 14 Block Trade Info
*Discount
-GCH Tech (688625 CH) saw 62 block trades worth 258.72mn at 54.00yuan per share, 6.01pct discount from last closing.
-Sailvan Times (301381 CH) saw 7 block trades worth 155.87mn at 20.64yuan per share, 8.67pct discount from last closing.
-Yuneng New Energy Battery Material (301358 CH) saw 22 block trades worth 88.42mn at 45.43yuan per share, 15.00pct discount from last closing.
For more insights, please visit Orient Futures Singapore’s research platform, Finoview.

