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Government

-Ministry of Finance added the Department of Debt Management into the list of “ministry-level bodies”, which will be responsible for formulating and implementing systems and policies for the management of domestic government debt.

Financial

-Hong Kong government officials said on Nov 3 that regulations related to digital assets would be eased and a tokenization pilot program would be launched to promote digital asset trading and investment.

Co Focus

-Chow Tai Fook Jewelry adjusted up prices of some gold products from Nov 3 as additional costs imposed by new tax policy on gold procurement and production.

-Geely is acquiring a stake in Renault’s Brazilian subsidiary, to hold 26.4% after, with both sides deepening their partnership to jointly expand in the South American market.

Nov 3 Block Trade Info

*Discount

-Xgimi (688696 CH) saw 2 block trades worth 100.45mn at 82.09yuan per share, 26.63pct discount from last closing.

-Goneo (603195 CH) saw 40 block trades worth 683.42mn at 40.27yuan per share, 7.00pct discount from last closing.

-Cosmos Chemical (300856 CH) saw 1 block trade worth 106.41mn at 11.26yuan per share, 20.54pct discount from last closing.

-COL (300364 CH) saw 2 block trades worth 184.34mn at 25.56yuan per share, 14.00pct discount from last closing.

-Kuang-Chi Tech (002625 CH) saw 3 block trades worth 323.94mn at 45.43yuan per share, 2.49pct discount from last closing.

*Premium

-Hangzhou Oxygen Plant (002430 CH) saw 1 block trade worth 137.67mn at 27.39yuan per share, 0.26pct premium from last closing.

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

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