Stacks of coins and market indicators
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International
 
-According to a Fox News report on the 10th, U.S. President Trump said he is about to order new strikes on Iran’s power plants and bridges.
 
Sectors
 
-National Development and Reform Commission: Fully implement the “AI+” initiative and thoroughly rectify cutthroat competition.
 
-The Ministry of Industry and Information Technology has issued the Implementation Opinions on the Innovative Development of “AI + Information and Communication” (2026-2028), to advance the integrated and innovative development of artificial intelligence and the information and communication sector.
 
Data
 
-Data from the State Taxation Administration shows that personal income tax revenue reached 764.39 billion yuan in the January-May period of 2026, a year-on-year increase of 12%.
 
-Data from the National Bureau of Statistics: In May, the CPI edged down 0.1% m/m, compared with a 0.3% rise in the previous month, mainly driven by changes in energy and service prices. It rose 1.2% y/y, unchanged from the prior month. The core CPI, excluding food and energy prices, increased 1.1% y/y. The PPI went up 0.5% m/m, with the growth rate down 1.2 percentage points from a month earlier. It climbed 3.9% y/y, a rise of 1.1 percentage points m/m.
 
Jun 10 Block Trade Info
 
*Discount
 
– Qiangrui Precision Tech (301128 CH) saw 32 block trades worth 232.29mn at 136.00yuan per share, 18.02pct discount from last closing.
 
– Shangtai Tech (001301 CH) saw 1 block trades worth 106.51mn at 86.49yuan per share, 3.90pct discount from last closing.
 
*Flat
 
– Bank of Changsha (601577 CH) saw 1 block trades worth 767.30mn at 9.54yuan per share, flat from last closing.
 

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

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