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Premier

*Premier Li Qiang presided over an executive meeting of the State Council to arrange for the implementation of the decisions and arrangements made at the Central Economic Work Conference, to deploy a comprehensive solid waste management campaign, and to review and adopt the “Regulations on the Implementation of the Value-Added Tax Law of the People’s Republic of China (Draft)” and the “Commercial Mediation Regulations (Draft)”.

Co Focus

*Moore Threads unveiled its next-generation GPU architecture, Huagang, which supports intelligent computing clusters with over 100,000 GPUs.

*Yuexin Semiconductor’s IPO application for the ChiNext board has been accepted by the SZSE, which is the first 12-inch wafer manufacturing enterprise in China to achieve mass production with a focus on analog chip manufacturing, is expected to raise 7.5 billion yuan in funding.

Industrial Economy

*NDRC and other two departments jointly formulated the “Rules on Pricing Behavior of Internet Platforms”.

Financial

*MoF and MIIT jointly issued a notice on implementing the “State Council Office Circular Concerning the Standards and Relevant Policies for Domestic Products in Government Procurement”.

Dec 19 Block Trade Info

*Discount

-Minsheng Banking (600016 CH) saw 4 block trades worth 581.50mn at 3.73yuan per share, 5.09pct discount from last closing.

-Wuxi Apptec (603259 CH) saw 10 block trades worth 263.55mn at 87.85yuan per share, 3.02pct discount from last closing.

-Piotech Inc (688072 CH) saw 1 block trades worth 97.37mn at 324.55yuan per share, 1.64pct discount from last closing.

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

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