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Xi’s Emphasis
*Chairman Xi addressed the National Science and Technology Award Ceremony, CAS & CAE Academicians Conference, and the 11th National Congress of CAST, delivering a key speech to advance high-level sci-tech self-reliance and strength faster.
Financial
*PBOC vows stronger financial support for domestic demand expansion, tech innovation, MSMEs and other key sectors. It will keep a moderately loose monetary policy and ramp up counter-cyclical and cross-cyclical adjustments.
*By end-June, quantitative private equity added 1.1 trillion yuan in H1 from last year, discretionary long-only equity strategies expanded by over 600 billion yuan.
Industrial Economy
*Apple sealed a chip supply deal worth over $300 billion with Broadcom to bolster its US semiconductor supply chain layout.
*Intel unveiled an XBM ultra-high-bandwidth memory patent, designed as an alternative to HBM4 for higher bandwidth and lower costs.
Jul 8 Block Trade Info
*Discount
-CITIC Securities (600030 CH) saw 3 block trades worth 664.27mn at 28.00yuan per share, 1.58pct discount from last closing.
-E-Town Semiconductor Tech (688729 CH) saw 6 block trades worth 579.27mn at 33.46-33.64yuan per share, 7.81-8.30pct discount from last closing.
-Weaver Network Tech (603039 CH) saw 1 block trades worth 431.70mn at 35.09yuan per share, 0.54pct discount from last closing.
For more insights, please visit Orient Futures Singapore’s research platform,
Finoview.

