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Premier
*During the 18th thematic study session of the State Council chaired by Premier Li Qiang, it was emphasized to comprehensively advance technological innovation, industrial development and empowering applications in AI, so as to foster and strengthen new quality productive forces.
Data
*National Bureau of Statistics: January PPI fell by 1.4% y/y, narrowing by 0.5% from the previous month. CPI rose 0.2% m/m and rose 0.2% y/y.
Industrial Economy
*Zhipu AI released its next-generation flagship model, the GLM-5, which has achieved state-of-the-art (SOTA) performance among open-source models in coding and agent capabilities. In real-world programming scenarios, the user experience is approaching that of Claude Opus 4.5, with particular strengths in complex systems engineering and long-horizon agent tasks.
*The SASAC of the State Council is promoting central state-owned enterprises to actively expand effective investment in computing power and advance the coordinated development of “computing power + electric power”.
*DeepSeek has rolled out version updates on both the web and app, supporting a maximum context length of 1 million tokens.
*The General Office of the State Council issued the “Implementation Opinions on Improving the National Unified Electricity Market System”, systematically outlining the goals and tasks for the development of a unified national electricity market over the next 5 to 10 years.
Feb 11 Block Trade Info
*Discount
-Crystal-Optech (002273 CH) saw 2 block trades worth 80.31mn at 26.77yuan per share, 0.67pct discount from last closing.
-INST Magnetic New Materials (301622 CH) saw 20 block trades worth 62.92mn at 61.87yuan per share, 8.00pct discount from last closing.
*Flat
-Jiuli Hi-Tech Metals (002318 CH) saw 1 block trades worth 122.05mn at 34.45yuan per share, flat from last closing.
For more insights, please visit Orient Futures Singapore’s research platform,
Finoview.

