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Financial

-PBoC to conduct 1tn yuan 3-month outright reverse repo on Sept 5.

Sector News

-The Coking Association has unanimously concluded that current conditions do not support a reduction in coke prices. All members should jointly resist expectations of price cuts and will implement coordinated production restrictions to stabilize prices, enhancing bargaining power and addressing market pressures through collaborative output control and supply management.

Co Focus

-DeepSeek targets AI agent release by end of this year, according to someone familiar with this matter.

-Huawei tri-foldable mobile phone Mate XTs will be open for sale on Sept 12, priced at min 17999yuan and equipped with Kirin 9020 chips.

Sept 4 Block Trade Info

*Discount

-Gifore Agricultural Sci&Tech (300022 CH) saw 1 block trade worth 176.14mn at 11.32yuan per share, 8.41pct discount from last closing.

 

*Premium

-ORG Tech (002701 CH) saw 1 block trade worth 334.02mn at 5.70yuan per share, 2.33pct premium from last closing.

*Flat

-Fuyao Glass (600660 CH) saw 1 block trade worth 107.74mn at 67.34yuan per share, flat from last closing.

-Hengli Petrochemical (600346 CH) saw 1 block trade worth 199.98mn at 17.14yuan per share, flat from last closing.

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