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Sector News

-Premier Li Qiang presided over a State Council executive meeting, which emphasized the need to accelerate the balanced distribution of high-quality medical resources, strengthen the capacity building of grassroots medical services, and improve the medical insurance payment and service pricing adjustment mechanisms.

-NDRC: China to limit duplicate humanoid robot models in market and guidance from 3 aspects will be implemented to promote healthy development of embodies AI industry, which are 1) accelerate the establishment of industry standards and evaluation frameworks, and create a sound mechanism for market entry and exit in the embodied AI industry; 2) intensify R&D to achieve breakthroughs in core and key technologies; 3) promote the development of infrastructure such as training and pilot-testing platforms.

Co Focus

-Changan Automobile stated during a roadshow event on Nov 25 that it aims to launch its first manned flying car model by 2026 and achieve mass production and delivery by 2028.

-TFC Optical Communication released an announcement disclosing records of investor relations activities, stating that the company has now achieved mass production capabilities for 800G and 1.6T high-speed optical engines.

Data

-The National Press and Publication Administration released the approval information for domestic online games in Nov 2025, with 178 games licensed in total this month.

Nov 27 Block Trade Info

*Discount

-YTO Express (600233 CH) saw 2 block trades worth 319.40mn at 15.97yuan per share, 6.00pct discount from last closing.

-CITIC Securities (600030 CH) saw 2 block trades worth 161.26mn at 24.84yuan per share, 9.93pct discount from last closing.

-Minsheng Banking (600016 CH) saw 1 block trade worth 534.46mn at 3.94yuan per share, 4.60pct discount from last closing.

-Zhongji Innolight (300308 CH) saw 1 block trade worth 125.67mn at 502.69yuan per share, 4.07pct discount from last closing.

*Flat

-Zijing Mining (601899 CH) saw 1 block trade worth 228.80mn at 28.60yuan per share, flat from last closing.

For more insights, please visit Orient Futures Singapore’s research platform, 繁微.

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