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International
– The US government will launch two new trade investigations into “excess industrial capacity” involving 16 major trading partners, including China.
Sectors
– The Minister of Justice stated that artificial intelligence was a high-frequency term at this year’s Two Sessions. This year, China will accelerate legislative research in fields such as artificial intelligence and the low-altitude economy, revise the Road Traffic Safety Law, and formulate the Airspace Management Regulations.
– The State Council Food Safety Office: This year, efforts will be accelerated to improve the regulatory and standard system, promote the comprehensive revision of the Food Safety Law, and speed up the formulation and revision of food safety standards related to prepared dishes, agricultural and veterinary drug residue testing, cold-chain transportation and other areas.
Industry
– WeChat is attempting to develop its own independent AI model. At present, the model has completed basic capability development and internal code-naming, and is expected to be launched publicly in 2026.
Finance
– BNP Paribas plans to issue no more than 5 billion yuan of Panda Bonds in China’s interbank bond market.
Mar 12 Block Trade Info
*Discount
– Wangsu Science & Tech (300017 CH) saw 29 block trades worth 229.56mn at 17.17yuan per share, 11.40pct discount from last closing.
*Premium
– Rongfa Nuclear Equip (002366 CH) saw 2 block trades worth 84.20mn at 8.42yuan per share, 3.31pct premium from last closing.
– Mingyang Electric (301291 CH) saw 1 block trades worth 35.01mn at 70.02yuan per share, 1.11pct premium from last closing.
For more insights, please visit Orient Futures Singapore’s research platform,
繁微.

