Electronic chip,3d rendering.
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Industrial Economy
 
*TSMC: AI demand remains extremely strong, capital expenditure over the next three years will be significantly higher than the past three years. Q2 sales forecast $39.0B-$40.2B, vs. market estimate of $38.1B. 2026 USD revenue growth raised to over 30%, from close to 30%. Q2 gross margin forecast 65.5%-67.5%, vs. market estimate of 64.1%.
 
*MoC will orderly expand pilot programs for opening up the service sector in areas such as value-added telecommunications and biotechnology.
 
*The State Administration for Market Regulation has launched a special campaign to crack down on fake CCC certification marks, strengthen quality responsibility traceability, and avoid low-price, low-quality “involution-style” competition.
 
*MIIT issued a notice on the construction of textile industry clusters for 2026. Applications for specialized industry clusters are only open to textile and apparel industry clusters located within county-level administrative divisions in the central and western regions as well as the northeastern region of China.
 
Middle East Conflict
 
*Pakistan’s Ministry of Foreign Affairs said on April 16 local time that the date for the next round of U.S.-Iran talks has not yet been determined.
 
*Trump: The next round of talks between the United States and Iran may be held this weekend, and the ceasefire will be extended if necessary.
 
*The United States launched an economic rage operation against Iran and pressured to reach an agreement.
 
Apr 16 Block Trade Info
 
*Discount
 
– Drinda New Energy Tech (002865 CH) saw 2 block trades worth 225.01mn at 65.66yuan per share, 10.01pct discount from last closing.
 
– Robotechnik Intelligent Tech (300757 CH) saw 6 block trades worth 112.76mn at 441.85yuan per share, 9.97pct discount from last closing.
 
*Premium
 
– Jinji Industrial (300798 CH) saw 11 block trades worth 120.32mn at 12.70-12.75yuan per share, 13.60-14.04pct premium from last closing.
 

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