Drone Shot of a Cargo Ship on Port
Reading Time: 2 minutes
Middle East Conflict
 
*Islamic Revolutionary Guard Corps: International agreements are to be followed regarding transit vessels, only warships disguised as merchant ships will be intercepted. Vessels from the US, Israel and Europe are strictly prohibited from passing through the Strait of Hormuz.
 
*Israeli Minister of Transport Miri Regev announced that Israel is preparing to reopen its airspace on the 8th, allowing outbound flights to operate.
 
Financial
 
*A press conference on the economy will be held at 3:00 p.m. on March 6th, with the attendance of CSRC Chairman Wu Qing, who will respond to questions related to the reform and development of the capital market.
 
Industrial Economy
 
*After its comprehensive open-source release yesterday, the global popularity of Stepfun’s new generation base model, Step 3.5 Flash, has further climbed, with its model call volume rapidly rising to number one in the world on OpenClaw.
 
*The first Ministerial Channel group interview of the Fourth Session of the 14th NPC was held on March 5th. Li Lecheng, head of MIIT, stated AI + Manufacturing is a mandatory question, not an optional one. This year, great efforts will be made to promote it.
 
*Chen Changsheng, a member of the drafting team for the Report on the Work of the Government and Deputy Director of the Research Office of the State Council, stated at a State Council Information Office briefing on March 5 that efforts will be made to solidify the foundation for AI development, which includes further implementing the construction of ultra-large-scale intelligent computing clusters and new infrastructure that coordinates computing power and electricity.
 
Mar 5 Block Trade Info
 
*Discount
 
-Boshi Automation (002698 CH) saw 4 block trades worth 147.04mn at 13.54yuan per share, 9.97pct discount from last closing.
 
-Handler Special Vehicle (300201 CH) saw 1 block trades worth 73.90mn at 7.39yuan per share, 20.02pct discount from last closing.
 
*Premium
 
-Yunnan Aluminium (000807 CH) saw 1 block trades worth 67.37mn at 35.46yuan per share, 3.56pct premium from last closing.
 

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

Disclaimer

We, Orient Futures International (Singapore) Pte. Ltd. (“OFIS”) (UEN No. 201831776Z), hold a capital markets services licence (CMS100869) from the Monetary Authority of Singapore for dealing in capital market products such as futures/derivatives contracts, and spot foreign exchange contracts for the purposes of leveraged foreign exchange trading, and is an Exempt Financial Adviser. For more information about OFIS, please visit the MAS Financial Institutions Directory

All content, materials, information, data, statistics, features, research, documents or reports available on our website (including this article) which are financial in nature (the “Content”) are governed by our Terms of Use. By accessing, using or downloading any Content, you are deemed to have consented and agreed to the Terms of Use.

We distribute information/research (which may be prepared by us directly or produced by our foreign affiliated companies within the Orient Group of companies) pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations. The information/research herein is prepared and distributed in Singapore and is intended for our clients who are Accredited Investors, Expert Investors or Institutional Investors only. If you are not an Accredited Investor, Expert Investor or Institutional Investor, you hereby acknowledge and agree that you are not the intended audience of all Content available on our website, and you undertake to immediately cease your access to any Content available on our website.

You agree to access and accept all Content available on our website on an “as-is” and “as available” basis. You agree that OFIS shall not have any responsibility or liability arising out of or in connection with, and you agree to waive the right to bring any claims or raise any complaints against OFIS in respect of any Content available on our website. OFIS shall also not be liable for any damage, loss or liability of any kind (whether actual, anticipated, consequential, special, economic or otherwise) caused as a result (direct or indirect) of the use of, or inability to access or use, the website, including but not limited to any damage, loss or liability suffered as a result of your reliance on the Content or our website.

OFIS does not make any representations, and hereby disclaim all warranties, express or implied, statutory or otherwise to the extent permitted by law, in respect of our website and all Content therein. To the fullest extent permissible, OFIS does not warrant and hereby disclaims any warranty as to the accuracy, correctness, completeness, reliability, timeliness, non-infringement, title, merchantability or fitness for any particular purpose of the Content.

All Content available on our website are general in nature and have been prepared without any consideration of your investment objectives, financial situations or needs. You should consider the appropriateness of any Content available on our website having regard to your personal circumstances before making any investment decisions. You should take into account your investment objectives and financial situation and seek advice from an independent financial advisor under a separate engagement if necessary.

Subscribe to our weekly newsletter to get the latest market news