American and Chinese flags and USA dollars
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International relationship
 
– In response to questions about the upcoming sixth round of China-US economic and trade consultations, the Ministry of Commerce stated that China and the United States have maintained continuous communication at all levels through the China-US economic and trade consultation mechanism.
 
– In response to questions regarding export controls to Japan, the Ministry of Commerce stated that as a responsible major country, China’s objective is to stop Japan’s attempts at “re-militarization” and nuclear possession, which is completely legitimate, reasonable and lawful.
 
– In response to questions regarding German Chancellor Merz’s visit to China, the Ministry of Commerce stated that China and Germany had in-depth exchanges in the economic and trade field and achieved positive and practical results.
 
Financial
 
– In the three days after the holiday, the RMB against the US dollar rose sharply by 600 basis points. Some enterprises have strengthened their willingness to settle foreign exchange, but no concentrated settlement has occurred.
 
Industry
 
– Storage has fully entered a seller’s market: Samsung’s 100% “tentative price increase” was fully accepted by Apple, with an originally planned increase of 60%.
 
Feb 26 Block Trade Info
 
*Discount
 
– Verisilicon Microelectronics (688521 CH) saw 20 block trades worth 334.32mn at 225.42yuan per share, 8.74pct discount from last closing.
 
– Sushi Testing Group (300416 CH) saw 33 block trades worth 140.82mn at 16.52yuan per share, 10.02pct discount from last closing.
 
– Sino Wealth Electronic (300327 CH) saw 1 block trades worth 103.71mn at 28.97yuan per share, 5.51pct discount from last closing.
 

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