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Financial

*MoF, PBoC and NFRA jointly issued the “Implementation Plan for Fiscal Interest Subsidy Policy on Personal Consumption Loans”, with eligible expenditures include all individual consumption loans under cny 50k, loans of cny 50k and above in key sectors like household automobile purchases, elderly care & childbirth expenses, education and training, and cultural tourism activities.

*MoF and 7 other departments jointly issued the “Implementation Plan for Loan Interest Subsidy Policy for Service Industry Business Entities”, eligible loans will qualify for interest subsidies, with the subsidy amount calculated based on the loan principal, the subsidy period shall not exceed one year, with an annual subsidy rate of 1 percentage point.

Industrial Economy

*Guangzhou recently issued the “Implementation Plan for Advancing Financial Support to Deepen Nansha’s Comprehensive Cooperation with the World-Facing Guangdong-Hong Kong-Macao Greater Bay Area”, which emphasizes enhancing investment promotion efforts for key digital service providers, including block chain and AI industries.

*The National Data Standardization Technical Committee publicly solicited opinions on three technical documents for data infrastructure and three for trusted data spaces, mandating that computing facilities implement secure isolation mechanisms for computational resources.

*A closed-door symposium of leading executives from China’s dry-process lithium battery separator manufacturers was held in Shenzhen, aiming to implement national directives on curbing “internal-roll” competition (excessive internal competition) and promote the industry’s healthy and orderly development.

Co Focus

*Unitree Robotics officially announced its participation in the inaugural World Humanoid Robot Games (WHRG), to be held from August 14th to 17th.

Aug 12 Block Trade Info

*Discount

-Baheal Medical (301015 CH) saw 1 block trade worth 197.94mn at 20.75yuan per share, 21.37pct discount from last closing.

-Wanchen Biotech (300972 CH) saw 2 block trades worth 111.28mn at 129.40yuan per share, 20.62pct discount from last closing.

-S.C New Energy Tech (300724 CH) saw 1 block trade worth 67.97mn at 59.10yuan per share, 12.00pct discount from last closing.

-Desay SV Auto (002920 CH) saw 28 block trades worth 257.64mn at 97.54yuan per share, 14.37pct discount from last closing.

*Flat

-Cnnc Hua Yuan Titanium Dioxide (002145 CH) saw 1 block trade worth 91.53mn at 4.28yuan per share, flat from last closing.

-Lotus Holdings (600186 CH) saw 1 block trade worth 108.97mn at 6.14yuan per share, flat from last closing.

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