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Sectors

-Shanghai has optimized and adjusted the property tax policy. For talents with residence permit and residents with residence permit for more than 3 years, the first suite is duty-free, and the second suite is duty-free within 60 square meters per capita.

Financial

-Since September, the overall securities financing and margin trading balance in the A share market has further increased, and recently exceeded 2.4tn, hitting a record high.

Co’s focus

-J&T、ZHONGTONG、YTO EXPRESS、SHENTONG VALVE and Yunda Shanghai Company has announced that it will raise the express delivery price in Shanghai from September 22, but the price increase has not been announced yet.

-After the pre-sale performance of the standard version of iPhone17 exceeded expectations, Apple has requested LXJM, one of the major OEMs, to increase the daily production of the standard iPhone17 by about 40%, and some non-electronic component suppliers will be notified to increase the daily supply by about 30%.

-Huawei announced the official launch of the “Tiangong Plan”, and will invest CNY 1bn in the future to support the construction of the HarmonyOS AI ecosystem.

Sept 19 Block Trade Info

*Discount

-Hygon Info (688041 CH) saw 3 block trades worth cny 81.55mn at 226.52yuan per shr, 4.00pct discount from last closing.

-Sinostone (001212 CH) saw 1 block trade worth cny 89.43mn at 47.77yuan per shr, 14.97pct discount from last closing.

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