Artificial intelligence processor chip glowing in blue at the center of a futuristic circuit board, symbolizing AI computing power, machine learning, and advanced digital technology.
Reading Time: < 1 分钟

Industrial Economy

*China unveiled its first national-level development plan for urban renewal.

*Reuters: ByteDance is developing its own CPUs in-house to meet its growing AI infrastructure needs.

*BYD unveiled China’s first 4nm intelligent driving chip and will continue to invest over 100 billion yuan in research and development.

*Beijing and Shanghai market regulators signed a framework agreement on food safety governance for online third-party catering platforms, establishing a collaborative mechanism for online food safety supervision. The two cities jointly issued administrative guidance to the three major food delivery platforms for the first time.

Financial

*MoC responded to the progress of China-US tariff negotiations, stating that the economic and trade teams of the two sides will work out specific arrangements and push forward their implementation as soon as possible.

*Reuters: China’s central bank tells banks to step up loan issuance in May, after an unexpected drop in loans last month amid weak loan demand from households and businesses.

May 28 Block Trade Info

*Discount

-Fenghua Advanced Tech (000636 CH) saw 1 block trades worth 99.98mn at 39.80yuan per share, 10.00pct discount from last closing.

-Ankura Intelligent Electric (300617 CH) saw 18 block trades worth 46.81mn at 64.86yuan per share, 2.51pct discount from last closing.

*Premium

-Polycomp International Corp (301526 CH) saw 5 block trades worth 283.94mn at 23.54-24.03yuan per share, 9.08-11.35pct premium from last closing.

 

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

Disclaimer

We, Orient Futures International (Singapore) Pte. Ltd. (“OFIS”) (UEN No. 201831776Z), hold a capital markets services licence (CMS100869) from the Monetary Authority of Singapore for dealing in capital market products such as futures/derivatives contracts, and spot foreign exchange contracts for the purposes of leveraged foreign exchange trading, and is an Exempt Financial Adviser. For more information about OFIS, please visit the MAS Financial Institutions Directory

All content, materials, information, data, statistics, features, research, documents or reports available on our website (including this article) which are financial in nature (the “Content”) are governed by our Terms of Use. By accessing, using or downloading any Content, you are deemed to have consented and agreed to the Terms of Use.

We distribute information/research (which may be prepared by us directly or produced by our foreign affiliated companies within the Orient Group of companies) pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations. The information/research herein is prepared and distributed in Singapore and is intended for our clients who are Accredited Investors, Expert Investors or Institutional Investors only. If you are not an Accredited Investor, Expert Investor or Institutional Investor, you hereby acknowledge and agree that you are not the intended audience of all Content available on our website, and you undertake to immediately cease your access to any Content available on our website.

You agree to access and accept all Content available on our website on an “as-is” and “as available” basis. You agree that OFIS shall not have any responsibility or liability arising out of or in connection with, and you agree to waive the right to bring any claims or raise any complaints against OFIS in respect of any Content available on our website. OFIS shall also not be liable for any damage, loss or liability of any kind (whether actual, anticipated, consequential, special, economic or otherwise) caused as a result (direct or indirect) of the use of, or inability to access or use, the website, including but not limited to any damage, loss or liability suffered as a result of your reliance on the Content or our website.

OFIS does not make any representations, and hereby disclaim all warranties, express or implied, statutory or otherwise to the extent permitted by law, in respect of our website and all Content therein. To the fullest extent permissible, OFIS does not warrant and hereby disclaims any warranty as to the accuracy, correctness, completeness, reliability, timeliness, non-infringement, title, merchantability or fitness for any particular purpose of the Content.

All Content available on our website are general in nature and have been prepared without any consideration of your investment objectives, financial situations or needs. You should consider the appropriateness of any Content available on our website having regard to your personal circumstances before making any investment decisions. You should take into account your investment objectives and financial situation and seek advice from an independent financial advisor under a separate engagement if necessary.

订阅我们的周刊,获取最新市场资讯