Sectors
-Ministry of Transport issued announcement on the collection of special port fees for ships from American, including charging special port fees for those ships from Oct-14.
-The State Administration for Market Regulation has initiated an investigation against Qualcomm Inc. for failing to report the operator concentration resulting from its acquisition of Auto talks Co., which is suspected of violating the Anti-Monopoly Law of the People’s Republic of China.
Financial
-Multiple foreign analysts from institutional firms told China Business Journal that China’s economy has strong resilience, corporate profits are recovering,and there is net inflow of funds from multiple aspects and in all directions.Combined with structural reforms in the medium-to-long-term stock market, these factors are driving a long-term bull market for A-shares. The fourth quarter remains worth being optimistic about, and the reasons for being bullish on Chinese assets remain solid.
Data
-As of the end of September, the total size of stock ETFs has risen to 371bnyuan, setting a new historical record. The scale of equity ETFs has increased by 82.0823bn yuan this year, representing an increase of approximately 28.43%.
-According to data from the CPCA, the retail market for passenger vehicles nationwide in September reached 2.239mio units, up 6% y/y and 11% m/m. Among these, the retail sales of NEV amounted to 1.307mio units, up 16% y/y and 17%m/m, achieving a new energy retail penetration rate of 58.5%.
Oct 10 Block Trade Info
*Discount
-Farasis Energy (688567 CH) saw 1 block trade worth 218.16mn at 18.00yuan per share, 2.17pct discount from last closing.
-Xinquan Automotive Trim (603179 CH) saw 46 block trades worth 319.35mn at 76.97yuan per share, 6.53pct discount from last closing.
-Kuang-Chi Tech (002625 CH) saw 4 block trades worth 296.24mn at 47.78yuan per share, 2.49pct discount from last closing.
-Golden Gragon (000712 CH) saw 1 block trade worth 104.36mn at 14.05uan per share, 4.03pct discount from last closing.
*Premium
-Tianshan Alumunium (002532 CH) saw 1 block trade worth 284.88mn at 11.87yuan per share, 0.51pct discount from last closing.

