Oil pump jacks extracting crude oil from the ground under a blue sky.
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Financial

-Local institutional analysts continue to be optimistic about gold investment opportunities, stating that central banks, especially emerging marke countries, continue to increase their holdings of gold, demonstrating their emphasis on the function of gold reserves and providing medium and long-term support for the investment value of gold.

-OPEC lowered its global oil demand forecast for the next four years on Thursday, but OPEC raised its long-term demand forecast due to rising oil demand in developing countries and said there was no evidence that demand had peaked.

Sectors

-Ministry of Commerce has taken relevant measures to combat the transfer and smuggling of key minerals since strategic minerals such as antimony and gallium have obvious military-use controls and export controls, which are in line with international practice.

-The Ministry of Human Resources and Social Security Ministry of Finance issued the Notice on Adjusting the Basic Pension of Retired Persons in 2025, with an overall adjustment level of 2% of the average monthly basic pension of retirees in 2024.

International Relationship

-The visa-free agreement between China and Malaysia will enter into force on July 17.

July 10 Block Trade Info

*Discount

-Transportation Telecom&Info (300469 CH) saw 1 block trade worth 104.28mn at 29.71yuan per share, 14.13pct discount from last closing.

-Jc Finance&Tax (002530 CH) saw 2 block trades worth 81.77mn at 10.77yuan per share, 1.46pct discount from last closing.

*Premium

-Kingenta Ecological (002470 CH) saw 1 block trade worth 78.80mn at 1.97yuan per share, 7.07pct premium from last closing.

-Zangge Mining (000408 CH) saw 2 block trades worth 137.51mn at 41.47yuan per share, 0.10pct premium from last closing.

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