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*The Zhuque-3 Y2 rocket was successfully launched today from the Dongfeng Commercial Space Innovation Pilot Zone, with its first-stage booster making a precise landing at the designated landing site in Minqin County, Gansu Province. This marks another major breakthrough in China’s reusable rocket technology, making Zhuque-3 the country’s first orbital-class rocket to achieve a successful land-based recovery.
*Decision of the State Council on amending the Regulations on the Administration of Housing Provident Fund: Income threshold lifted for rental-related provident fund withdrawals, withdrawals allowed for self-owned housing renovation.
*Issued jointly by MOFCOM and other authorities, the Opinions on Further Stimulating the Vitality of the Sinking Market and Boosting County-level Consumption focuses on county regions and offline consumption, introducing targeted measures to optimize the business environment and enrich consumer offerings.
*The National Climate Center’s latest forecast shows sea surface temperatures in the equatorial central-eastern Pacific keep rising, peaking around November–December this year as a super El Niño, potentially the strongest on record. El Niño is developing rapidly with lagged impacts.
*UBS is bullish on embodied AI. Industrial, warehouse and medical robots are expected to achieve early commercialization. Chip, cloud computing, power infrastructure and software firms will also benefit.
*The BeiDou International Summit on Large-scale Application is upcoming. It will focus on six themes including integrated PNT system and new technologies, satellite navigation and augmentation, space-time datum and orbit determination, navigation signals and terminals, unmanned system navigation, deep space and lunar navigation.
*Surging AI power demand has caused severe shortages of power semiconductors. Taiwan manufacturers plan a third round of price hikes for non-contract products as early as October, with increases of 10%-15%.
Aug 18 Block Trade Info
*Premium
-Techwinsemi Tech (001309 CH) saw 1 block trades worth 95.99mn at 437.33yuan per share, 0.44pct premium from last closing.
*Discount
-Xiamen Changelight (300102 CH) saw 10 block trades worth 141.01mn at 18.89yuan per share, 6.99pct discount from last closing.
-Goke Microelectronics (300672 CH) saw 1 block trades worth 104.80mn at 185.25yuan per share, 5.48pct discount from last closing.
For more insights, please visit Orient Futures Singapore’s research platform, Finoview.

