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Industry Level
-The inaugural constellation of Shanghai’s landmark space digital infrastructure project “Star Hub Initiative” was unveiled on July 18 at the “Future Computing & Future Computing Power” sub-forum of the 2026 World Artificial Intelligence Conference.
Co Focus
-Alibaba’s Qwen3.8 large model is set to be released and open-sourced with up to 2.4 tn parameters.
-Kweichow Moutai announced that the retail price of 53%vol 500ml Feitian Kweichow Moutai will be raised from 1,539 yuan to 1,639 yuan per bottle, and its contract sales price will be adjusted from 1,269 yuan to 1,369 yuan per bottle, effective from July 18, 2026.
-The official version of DeepSeek V4 is expected to roll out as early as tomorrow (July 20).
-Pingfanghe Investment, a leading quantitative private equity firm, issued an announcement stating it will subscribe to private equity products under its management with a total of 100 mn yuan of its own capital within next week.
Jul 17 Block Trade Info
*Discount
-Zhongji Innolight (300308 CH) saw 1 block trades worth 386.79mn at 979.46yuan per share, 12.00pct discount from last closing.
-Kweichow Moutai (600519 CH) saw 2 block trades worth 206.46mn at 1152.77yuan per share, 8.44pct discount from last closing.
*Premium
-Lujiazui Finance & Trade Zone Development (600663 CH) saw 1 block trades worth 379.65mn at 7.54yuan per share, 9.43pct premium from last closing.
For more insights, please visit Orient Futures Singapore’s research platform,
Finoview.

