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Financial
-Fitch analysts said that the rise in Gold seems to have come to an end,although the price of gold will remain high, it will take extreme events to break the April record.
-PwC predict IPO financing scale in Hong Kong of 2025 will reach HKD 200-220bn.
 
Data
-In June, the number of new opened A-share accounts was 1.65 mio, up 53% y/y, and12.6 mio new A-share accounts were opened in the first half of the year.
-Shanghai Commission of Commerce data: from Jan to Jun, Shanghai received 4.248mio inbound tourists, up 38.5% y/y; The sales of goods with exit tax refund increased by 85% y/y, of which the sales of “buy and return”increased by 28.1 times y/y.
 
July 2 Block Trade Info
*Discount
-ArcSoft (688088 CH) saw 1 block trade worth 165.64mn at 40.40yuan per share, 14.57pct discount from last closing.
-Sinosoft (603927 CH) saw 11 block trades worth 48.42mn at 17.51yuan per share, 10.11pct discount from last closing.
-Minglida Precision (301268 CH) saw 1 block trade worth 96.91mn at 14.57yuan per share, 20.34pct discount from last closing.
-Global Infotech (300465 CH) saw 1 block trade worth 52.83mn at 12.80yuan per share, 17.53pct discount from last closing.

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