China and America Flags in puzzle
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PBoC Data
 
*At the end of April, the broad money supply (M2) stood at 353.04 trillion yuan, up 8.6% y/y.
 
*In the first four months of the year, the cumulative increase in aggregate social financing was 15.45 trillion yuan, down 893 billion yuan from the same period last year.
 
*In the first four months, RMB loans increased by 8.59 trillion yuan.
 
Industrial Economy
 
*Gas turbine demand surges, top firms’ order backlogs stretch to 2030, said Zhongke Guosheng at an industry conference (May 12-14).
 
Financial
 
*MoC: China is willing to work with the United States, based on the principles of equality, respect, and mutual benefit, to continuously lengthen the list of cooperation, shorten the list of issues, and promote the healthy, stable, and sustainable development of China-U.S. economic and trade relations.
 
May 14 Block Trade Info
 
*Discount
 
-Weichai Power (000338 CH) saw 1 block trades worth 155.67mn at 34.20yuan per share, 0.41pct discount from last closing.
 
-Luxshare Precision Industry (002475 CH) saw 3 block trades worth 148.14mn at 75.40yuan per share, 5.93pct discount from last closing.
 
-Robotechnik Intelligent Tech (300757 CH) saw 4 block trades worth 67.96mn at 506.54-512.43yuan per share, 5.05-6.14pct discount from last closing.
 
For more insights, please visit Orient Futures Singapore’s research platform, 
Finoview.

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