Policy
-Li Qiang signed the order of the State Council and promulgated the regulations on rural roads, which stated that the construction of rural roads will focus on improving the quality of road networks, and coordinate with national and provincial highway construction to promote the integration of urban and rural transportation.
Sectors
-State Administration for Market Regulation suspended the anti-monopoly investigation procedure against DuPont China Group Co., Ltd.
Data
-Ministry of Human Resources and Social Security said that by the end of June,the number of basic pension, unemployment and work-related injury insurance participants in China was 1.071bn, 245 mio and 300 mio respectively, with a steady increase y/y.
-PBoC released that at the end of Q2, the balance of RMB loans of financial institutions was 268tn, up 7.1% y/y.
-Ministry of Commerce released that from Jan to Jun, the added value of wholesale and retail industry in China was CNY 6.8tn, up 5.9% y/y, accounting for 10.3% of GDP.
-State Administration of Foreign Exchange reported that in the first half of this year, China’s service trade revenue increased by 13% y/y, with cross-border travel revenue increasing by 42%, expenditure on service trade increased by 2% and the trade deficit in services fell by 14%.
July 22 Block Trade Info
*Discount
-Qilu Bank (601665 CH) saw 1 block trade worth 140.53mn at 5.98yuan per share, 3.86pct discount from last closing.
-SAIC Motor (600104 CH) saw 1 block trade worth 156.51mn at 17.39yuan per share, 0.97pct discount from last closing.
-Liaoning Energy (600758 CH) saw 32 block trade worth 85.22mn at 3.80yuan per share, 9.95pct discount from last closing.
-Ankura Intelligent Power (300617 CH) saw 2 block trades worth 86.40mn at 43.20yuan per share, 2.00pct discount from last closing.
-China Merchants Bank (600036 CH) saw 1 block trade worth 85.01mn at 40.37yuan per share, 10.17pct discount from last closing.
