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Industrial Economy

*Unit 6 of the China General Nuclear Power Group’s Ningde Nuclear Power Plant in Fujian Province completed the pouring of the first concrete for the nuclear island today, marking the official commencement of the main construction work for the unit.

*The European Union is set to abandon its 2035 internal combustion engine ban and plans to relax emission standards for new vehicles.

*MoC: Effective from December 17th, 2025, anti-dumping duties will be imposed on imports of certain pork and pig by-products originating in the European Union, for a period of five years.

*Alibaba has released the next-generation Wanxiang 2.6 series models, which are the first video models in China to support role-playing functionality.

Financial

*Securities firm researchers clarified the rumors regarding “tax determinations for related high-tech companies” indicates a tightening of standards rather than a one-size-fits-all approach.

Co Focus

*SSE announced that the A-shares of MetaX Integrated Circuit (Shanghai) Co., Ltd. will commence trading on the STAR Market of the exchange starting December 17th, 2025.

Dec 16 Block Trade Info

*Discount

-Hoshine Silicon (603260 CH) saw 2 block trades worth 100.83mn at 47.25yuan per share, 6.23pct discount from last closing.

-Wuxi Apptec (603259 CH) saw 10 block trades worth 326.05mn at 84.66yuan per share, 5.00pct discount from last closing.

-Bank of Beijing (601169 CH) saw 1 block trade worth 157.80mn at 5.26yuan per share, 4.54pct discount from last closing.

-Yixintang Pharma(002727 CH) saw 4 block trades worth 59.72mn at 11.32yuan per share, 9.37pct discount from last closing.

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