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Industrial Economy
*The State Council Information Office held a press conference on the work and performance of the commerce sector in 2025. Measures will be optimized to implement trade-in programs for consumer goods and boost spending on major durable goods such as home appliances. Efforts will be accelerated to cultivate and build international consumption center cities. Market access and opening-up will be expanded, with an orderly extension of independent openness in sectors such as telecommunications, healthcare and education. The construction of national digital trade demonstration zones will be launched and standards related to digital trade will be formulated.
Financial
*Premier Li Qiang presided over a symposium with leaders of central committees of non-Communist parties, heads of the All-China Federation of Industry and Commerce, and representatives of personages without party affiliation, soliciting their opinions and suggestions on the draft versions of the “Government Work Report” and the “Outline of the 16th Five-Year Plan (2026-2030)”.
*PBoC convened the 2026 Macro-Prudential Work Conference, focusing on the forward-looking assessment of systemic financial risks and potential vulnerabilities, with the aim of safeguarding the sound operation of financial markets and maintaining overall stability in the financial system.
*PBoC supports the Hong Kong Monetary Authority in increasing the scale of its renminbi business funding arrangements from cny 100-200bn, and will firmly support and continue to steadily advance the development of Hong Kong’s offshore renminbi market.
Jan 26 Block Trade Info
*Discount
-Loongson Tech (688047 CH) saw 12 block trades worth 205.23mn at 163.58yuan per share, 15.24pct discount from last closing.
-Range Intelligent Computing Tech (300442 CH) saw 15 block trades worth 221.26mn at 73.26yuan per share, 6.46pct discount from last closing.
*Premium
-Tianshan Aluminum (002532 CH) saw 2 block trades worth 900.84mn at 19.40yuan per share, 1.04pct premium from last closing.
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