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Financial
 
*MoC, NDRC and MoF will jointly hold a press conference at 3 p.m. on June 22 to unveil policies for stabilizing and optimizing foreign investment.
 
*SSE upgrades stock option combo strategy services, single-side close-out function to be rolled out later.
 
Industrial Economy
 
*A debate over when Chinese large language models can match Anthropic’s Fable tier is unfolding on X. Elon Musk forecasts Q1 2027, while Tang Jie, CEO of Zhipu AI, states plainly it will not take that long.
 
*Guangdong issued the action plan for expanding and upgrading service industries targets over cny 11tn in added value of the sector by 2030 to build a high-quality, efficient modern service system.
 
Middle East Conflict
 
*Iran’s Armed Forces released a statement: Given the U.S. failure to honor Clause 1 of the war-ending Memorandum of Understanding and Israel’s repeated breaches of the ceasefire deal, Iran announces the full closure of the Strait of Hormuz to all maritime traffic.
 
Jun 18 Block Trade Info
 
*Discount
 
-Energy New Material (002812 CH) saw 1 block trades worth 166.91mn at 68.61yuan per share, 2.51pct discount from last closing.
 
-PNC Process Systems (603690 CH) saw 19 block trades worth 136.56mn at 26.62yuan per share, 7.98pct discount from last closing.
 
*Premium
 
-Zhongji Innolight (300308 CH) saw 1 block trades worth 300.93mn at 1367.88yuan per share, 7.19pct premium from last closing.
 

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

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