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Xi’s Emphasis
*The 15th issue of Qiushi journal, published on August 1, will feature a key article by the chairman Xi Jinping on accelerating the building of a Healthy China, which stresses that achieving this goal by 2035 is a strategic decision, and the 15th Five-Year Plan period is critical for making decisive progress.
Financial
*China’s regulators are set to impose systematic rules on brokerages regarding trading system access. Under the new framework, brokerages will be prohibited from providing differentiated technical or business resources to select clients.
*China’s top financial regulators, the NFRA, PBOC, CSRC and MOF jointly issued guidelines on improving financial institution governance, including a stricter vetting process for shareholder entry.
*PBoC held its work conference for the second half of 2026. It will continue to implement a moderately accommodative monetary policy and timely devise and roll out practical and effective incremental policies.
Industrial Economy
*The State Council Executive Meeting approved four nuclear power projects including the Phase I project in Zhuanghe, Liaoning Province. According to The Paper, total investment in these new projects will exceed 170 billion yuan.
*The State Administration for Market Regulation launched price compliance guidance for the photovoltaic sector. Leading enterprises are required to set examples by standardizing pricing and competition practices.
*Following the US earnings season, Google, Amazon and Microsoft reported marked acceleration in their cloud business revenue. Meta drove revenue growth via AI-powered ad optimization. The combined backlog of cloud contracts at Amazon, Google and Microsoft nears $1.7 trillion, more than doubling year-on-year.
Jul 31 Block Trade Info
*Discount
-Jointown Pharmaceutical (600998 CH) saw 1 block trades worth 349.21mn at 5.10yuan per share, 0.97pct discount from last closing.
-Hengrui Pharmaceuticals (600276 CH) saw 2 block trades worth 313.78mn at 49.75yuan per share, 8.97pct discount from last closing.
-China Life Insurance (601628 CH) saw 1 block trades worth 174.47mn at 36.36yuan per share, 8.51pct discount from last closing.
For more insights, please visit Orient Futures Singapore’s research platform,
Finoview.

