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International
-US President Donald Trump ordered a pause in airstrikes against Iran on July 25 local time, putting an end to nearly two weeks of daily strikes.
Industry
-Samsung Electronics and SK Group have teamed up with U.S. companies to strike a $950 billion chip cooperation deal.
Sectors
-The State Administration for Market Regulation imposed administrative penalties on Trip.com Group in accordance with the law for engaging in monopolistic conduct through abuse of dominant market position. Trip.com has been ordered to cease illegal acts and fully refund 122 million yuan in order reserves compulsorily deducted from hotel operators. Its illegal gains of 1.658 billion yuan will be confiscated. In addition, a fine equivalent to 7.5% of its 2025 domestic sales revenue in China, amounting to 3.521 billion yuan, shall be levied. The total amount of fines and confiscated proceeds stands at 5.179 billion yuan.
-The Ministry of Commerce announced its decision to add 14 EU entities including Rafaut Group to the export control list.
Data
-Online retail sales of physical goods nationwide rose by 4.8% in the first six months of the year, contributing 1.2 percentage points to the growth of total retail sales of consumer goods. Sales of smart products maintained robust growth. Online retail sales of smart exoskeletons and smart glasses surged by 458.4% and 151.7% respectively. Online sales of tourism and catering services increased by 27.2% and 13.9%.
Jul 24 Block Trade Info
*Discount
-Biwin Storage Tech (688525 CH) saw 1 block trades worth 200.27mn at 212.85yuan per share, 15.00pct discount from last closing.
-Sieyuan Electric (002028 CH) saw 3 block trades worth 140.52mn at 162.68yuan per share, 1.17pct discount from last closing.
-Inovance Tech (300124 CH) saw 1 block trades worth 118.70mn at 59.35yuan per share, 4.83pct discount from last closing.
For more insights, please visit Orient Futures Singapore’s research platform,
Finoview.

