Industrial Economy
*A-share new account openings hit 1.96 million in July, up 71% y/y.
*CPCAAUTO: China’s NEV wholesale sales reach 1.18 million units in July, up 25% y/y and down 4% m/m respectively.
Financial
*China’s Tax Authorities: Strengthen oversight on individual overseas income, with stock trading profits abroad now subject to taxation.
Co Focus
*Lens Technology (300433 CH): co has undertaken the business of producing multiple full-series humanoid robots for AgiBot and jointly established Hunan Zhiqi Future Technology Co., Ltd. with AgiBot. The joint venture focuses on high-end intelligent manufacturing equipment for the consumer electronics and new energy sectors, committed to the integrated innovation of AI + robotics.
*Fengli Intelligent (301368 CH): co plans to issue additional shares to raise no more than cny 730mio, with the proceeds to be used for projects including the intelligent manufacturing of precision power gears for NEVs and other initiatives.
Aug 4 Block Trade Info
*Discount
-M&G Stationery (603899 CH) saw 6 block trades worth 197.96mn at 29.46yuan per share, 5.58pct discount from last closing.
-Yanhu Industry (000792 CH) saw 1 block trade worth 956.65mn at 18.05yuan per share, 0.44pct discount from last closing.
-Shanjin International Gold (000975 CH) saw 3 block trades worth 89.55mn at 18.26yuan per share, 2.98pct discount from last closing.
-Sed Industry (000032 CH) saw 2 block trades worth 203.04mn at 25.38yuan per share, 2.38pct discount from last closing.
*Flat
-Winning Health Tech (300253 CH) saw 2 block trades worth 110.07mn at 11.22yuan per share, flat from last closing.

