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Sector News

-The six major state-owned commercial banks have halted the sale of five-year large-denomination certificates of deposit, financial times reported.

-A price adjustment notice drew attention in the lithium battery industry on Dec 2, which suggested that a leading company in the separator sector announced a price adjustment for its wet-process separator products, with an increase of 30%.

Governor’s focus

-Zheng Shanjie, Director of the NDRC, published a signed article emphasizing the need to increase the proportion of household income in national income distribution and raise the share of labor compensation in primary distribution.

Data

-A-share market recorded 2.38 mn new investor accounts in Nov 2025, up 3% m/m and the cumulative number of new accounts as of end-Nov reached 24.84 mn, a yoy growth of 7.95%.

-PBoC data shows that in Nov, open market operations resulted in a net injection of 50 bn yuan in treasury bond purchases and sales, a net injection of 100 bn yuan in MLF, a net injection of 25.4 bn yuan in pledged supplementary lending, and a net injection of 115 bn yuan in other structural monetary policy tools.

Dec 2 Block Trade Info

*Discount

-Guoguang Commercial Chains (605188 CH) saw 4 block trades worth 47.23mn at 20.99yuan per share, 11.58pct discount from last closing.

-China Securities (601066 CH) saw 1 block trade worth 380.00mn at 24.72yuan per share, 1.98pct discount from last closing.

-Zhongji Innolight (300308 CH) saw 4 block trades worth 182.11mn at 520.32yuan per share, 4.00pct discount from last closing.

-Risuntek (002981 CH) saw 26 block trades worth 81.15mn at 30.00yuan per share, 14.68pct discount from last closing.

*Flat

-Jonhon Optronic Tech (002179 CH) saw 1 block trade worth 99.47mn at 33.72yuan per share, flat from last closing.

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

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