Industrial oil and gas refinery with metal tanks, yellow pipelines, and processing equipment under a clear sky.
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Policy

-NDRC stated that, the entire cny 735 bn central budget investment for 2025 has been basically allocated, with a focus on supporting projects in key areas such as modern industrial system, modern infrastructure, rural revitalization and etc. NDRC will urge relevant parties to accelerate investment execution and project progress, and facilitate the generation of more tangible work outcomes for the next step.

-NDRC and State Administration for Market Regulation have released the draft amendments to the Price Law of the PRC for public comment, proposing to refine the criteria for identifying low-price dumping, regulate market price order, and curb “cutthroat” competition.

-PBoC will conduct cny 400bn 1-year MLF on July 25.

Sector News

-Premier Li Qiang will attend 2025 World AI Conference to be held on July 26 and will make speech on the opening ceremony, said by news spokesman of MoF.

July 24 Block Trade Info

*Discount

-Hotgen Biotech (688068 CH) saw 3 block trades worth 132.94mn at 152.80yuan per share, 19.37pct discount from last closing.

-SAIC Motor (600104 CH) saw 2 block trades worth 104.58mn at 17.43yuan per share, 0.97pct discount from last closing.

-S.C. New Energy (300724 CH) saw 26 block trade worth 92.36mn at 51.37yuan per share, 10.16pct discount from last closing.

-Sunner (002299 CH) saw 2 block trades worth 88.28mn at 16.05yuan per share, 1.47pct discount from last closing.

-XCMG Construction (000425 CH) saw 1 block trade worth 101.15mn at 8.72yuan per share, 0.57pct discount from last closing.

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