Policy
*The Opinions of the Central Committee of the CPC and the State Council on Promoting High-Quality Urban Development have been released, which calls for improving urban infrastructure, enhancing the construction of public facilities such as parking spaces and charging piles, establishing a sustainable investment and financing system for urban development and operations. It also emphasizes leveraging the financing functions of the bond and stock markets.
Financial
*The State Administration for Market Regulation convened a meeting to deploy and advance comprehensive efforts to regulate market competition order and prevent irrational competitive practices.
Co Focus
*SMIC (688981 CH): Amid changes in domestic and international policies, channels would accelerate stockpiling and inventory replenishment, co is also actively collaborating with customers to ensure shipments, the trend expected to continue until 25Q3.
*Cambricon (688256) issued a stock trading risk warning announcement, projecting its total annual revenue for 2025 to reach between cny 5-7bn.
Aug 28 Block Trade Info
*Discount
-Han’s Cnc Tech (301200 CH) saw 26 block trades worth 156.31mn at 72.00yuan per share, 21.40pct discount from last closing.
-New Media (300770 CH) saw 36 block trades worth 137.02mn at 41.00yuan per share, 11.45pct discount from last closing.
-Tianyin Electromechanical (300342 CH) saw 2 block trades worth 104.61mn at 17.54yuan per share, 11.90pct discount from last closing.
-Roshow Tech (002617 CH) saw 2 block trades worth 111.82mn at 7.20yuan per share, 11.76pct discount from last closing.
-Kuang-Chi Tech (300342 CH) saw 5 block trades worth 319.83mn at 53.51yuan per share, 3.01pct discount from last closing.

