Financial Background
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Sectors

-The General Administration of Sport of China issued the 15th Five-Year Plan for Building a Powerful Sports Nation today, targeting an industrial scale exceeding 7 trillion yuan by 2030.

-Wu Qing, Chairman of the CSRC, met with John Graham, President and CEO of CPPIB, in Beijing. The two sides exchanged views on global and China’s economic and financial outlook as well as investment in China’s capital market.

Data

-The National Energy Administration released national electricity statistics for the January–June period. As of the end of June, China’s cumulative installed power generation capacity stood at 4.04 billion kilowatts, up 10.8% y/y. Among this total, installed solar power capacity reached 1.27 billion kilowatts, rising 15.8% y/y; installed wind power capacity hit 0.68 billion kilowatts, growing 18.5% y/y.

-Data from the Ministry of Finance shows that fiscal revenue maintained steady growth in the first half of this year. The national general public budget revenue reached approximately 12.1 trillion yuan, up 4.7% year-on-year, with the cumulative growth rate rising month by month.

Jul 22 Block Trade Info

*Discount

-Shenhuo Coal & Power (000933 CH) saw 19 block trades worth 156.98mn at 23.43yuan per share, 4.21pct discount from last closing.

-CATL (300750 CH) saw 1 block trades worth 115.62mn at 374.77yuan per share, 1.94pct discount from last closing.

*Premium

-Kelun Pharmaceutical (002422 CH) saw 1 block trades worth 112.97mn at 49.22yuan per share, 3.93pct premium from last closing.

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

Disclaimer

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