Sectors
-The SAC has launched a special survey on the network infrastructure of securities operating institutions. This initiative aims to conduct a comprehensive assessment of the current status of the industry’s network infrastructure construction, provide data support for the special plan for the technological development of the capital market during the “15th Five-Year Plan” period, and promote the digital and intelligent upgrading of the securities industry.
Industry
-DeepSeek announced the release of two official versions of its models: DeepSeek-V3.2 and DeepSeek-V3.2-Speciale. DeepSeek-V3.2 aims to balance reasoning capability and output length, making it suitable for daily use such as Q&A scenarios and general Agent task scenarios. DeepSeek-V3.2-Speciale is designed to push the reasoning limits of open-source models to the extreme and explore the boundaries of model capabilities.
International relationship
-At the invitation of President Xi Jinping, President Macron of France will pay a state visit to China from December 3rd to 5th.
Data
-The Ministry of Industry and Information Technology stated that in the first ten months, China’s software business revenue reached 1,251.04bn yuan, up 13.2% y/y; the total profit of the software industry stood at 157.21bn yuan, up 7.7% y/y; and the software business exports amounted to 51.09bn dollars, up 6.7% y/y.
Dec 1 Block Trade Info
*Discount
-Guobo Electronics (688375 CH) saw 6 block trades worth 73.06mn at 61.55yuan per share, 9.55pct discount from last closing.
-Smith Adhesive New Material (603683 CH) saw 3 block trades worth 142.50mn at 25.00yuan per share, 7.58pct discount from last closing.
-China Securities (601066 CH) saw 1 block trade worth 328.90mn at 23.30yuan per share, 7.61pct discount from last closing.
-Xinghuacun Fen Wine (600809 CH) saw 1 block trade worth 117.93mn at 181.18yuan per share, 6.50pct discount from last closing.
-V V Food&Beverage (600300 CH) saw 26 block trades worth 55.82mn at 3.20yuan per share, 11.60pct discount from last closing.
-Zhongji Innolight (300308 CH) saw 3 block trades worth 154.94mn at 516.48yuan per share, 4.00pct discount from last closing.
For more insights, please visit Orient Futures Singapore’s research platform, Finoview.

