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Sectors
-The PBoC stated that there is still room for reserve requirement ratio cuts and interest rate cuts this year.
-State Grid Corporation of China announced that during the 15th Five-Year Plan period, the company’s fixed-asset investment is expected to reach 4 trillion yuan, representing a 40% increase compared with that in the 14th Five-Year Plan period, which will be earmarked for the construction of a new power system.
Data
-According to preliminary statistics from the PBoC, the cumulative increase in China’s social financing scale reached 35.6tn yuan in 2025, an increase of 3.34tn yuan over the previous year; the increase in RMB loans stood at 16.27tn yuan. At the end of Dec 2025, the outstanding social financing scale rose by 8.3% y/y. The M2 registered a y/y growth of 8.5%, significantly higher than the growth rate of nominal GDP. The outstanding balance of RMB loans totaled 272tn yuan, up 6.4% y/y.
-Data from the State Administration of Foreign Exchange shows that the trading volume of China’s foreign exchange market reached 42.6tn US dollars in 2025, and the foreign exchange hedging ratio of enterprises rose to 30%, both hitting record highs.
Jan 15 Block Trade Info
*Discount
-Dazhong Mining (001203 CH) saw 1 block trades worth 248.62mn at 26.17yuan per share, 9.98pct discount from last closing.
*Premium
-Zhongji Innolight (300308 CH) saw 6 block trades worth 384.61mn at 600.02yuan per share, 1.18pct premium from last closing.
-Piotech (688072 CH) saw 1 block trades worth 156.23mn at 368.46yuan per share, 1.28pct premium from last closing.
For more insights, please visit Orient Futures Singapore’s research platform,
Finoview.

