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Sector News

-For China’s 11th national drug procurement round, if a company’s bid price falls below the set “anchor price”, it must now submit a “Reasonableness of Quotation Statement”, which requires detailed justification of cost structure.

-Shanghai has released an action plan to boost its high-end medical device industry. By 2027, the city aims to achieve key targets including securing over 500 new domestic Class III medical device registrations and obtaining over 100 overseas approvals for medical device products.

Co Focus

-Xiaomi’s CEO Lei Jun unveiled the new Xiaomi 17 series mobile phones, priced from 4,499 yuan. The chip uses the 3rd generation 3nm process technology and achieves the highest main frequency ever for a mobile platform at 4.6GHz.

Sept 25 Block Trade Info

*Discount

-PNC Process Systems (603690 CH) saw 4 block trades worth cny 102.65mn at 28.20yuan per shr, 5.02pct discount from last closing.

-Kuang-Chi Tech (002625 CH) saw 1 block trade worth cny 203.74mn at 48.51yuan per shr, 2.49pct discount from last closing.

*Flat

-Bohui Paper (600966 CH) saw 2 block trades worth cny 322.85mn at 4.83yuan per shr, flat from last closing.

-CATL (300750 CH) saw 2 block trades worth cny 218.07mn at 392.85yuan per shr, flat from last closing.

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