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Industrial Economy
*MoF decided to implement targeted measures on certain EU-imported medical devices in government procurement activities, for medical device procurements with budgets exceeding cny 45mio, if the purchase of imported products is strictly necessary, EU-based enterprises (excluding European-funded enterprises established in China) shall be excluded from participation after completing statutory procedures.

Financial
*On July 4th local time, U.S. President Donald Trump announced that his administration would begin notifying trade partners of new unilateral tariff rates effective immediately, with the revised tariffs, which could reach as high as 70%, to take effect August 1st.
*PBOC released and publicly solicited opinions on the “Cross-border Interbank Payment System (CIPS) Business Rules”.
*SASAC issued the “Guidelines on High-Quality Brand Building for Central Enterprises in the New Era”, emphasizing cross-cultural brand integration and requiring overseas subsidiaries to incorporate ESG principles into their overseas operations management and major project implementations.

July 4 Block Trade Info
*Discount
-Huali Industrial Group (300979 CH) saw 1 block trade worth 865.61mn at 51.19yuan per share, 3.76pct discount from last closing.
-Mindray Bio-Medical (300760 CH) saw 1 block trade worth 186.53mn at 213.59yuan per share, 4.56pct discount from last closing.

*Flat
-Wetown Electric (688226 CH) saw 2 block trades worth 112.98mn at 27.29yuan per share, flat from last closing.
-Create Century (300083 CH) saw 1 block trade worth 107.25mn at 8.22yuan per share, flat from last closing.

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