International relationship
-The Ministry of Foreign Affairs stated that China respects Venezuela’s sovereignty and independence, and believes that the Venezuelan government will properly handle its internal affairs in accordance with its own constitution and laws. Cooperation between China and Venezuela is that between sovereign states, which is protected by international law and the laws of both countries. No matter how the political situation in Venezuela evolves, China’s willingness to deepen practical cooperation with Venezuela in various fields will remain unchanged, and China’s legitimate interests in Venezuela will also be protected in accordance with the law.
Sectors
-Nine departments including the Ministry of Commerce issued the Notice on Implementing the Green Consumption Promotion Initiative, which mentioned supporting consumers in purchasing new energy vehicles and encouraging the purchase of green and smart home appliances, fluorine-free air conditioners and other products that have obtained green product certification.
Financial
-Goldman Sachs released a macro report entitled China Outlook 2026: Exploring New Growth Drivers, stating that an overweight allocation to Chinese equities is recommended for 2026.
Industry
-Samsung’s co-CEOs stated that the shortage of memory chips is “unprecedented” and “extremely severe”, and the skyrocketing prices of memory chips will have an “inevitable” impact on smartphone prices.
Jan 5 Block Trade Info
*Discount
-Wuxi Apptec (603259 CH) saw 19 block trades worth 928.81mn at 89.84yuan per share, 0.88pct discount from last closing.
-Changchuan Tech (300604 CH) saw 3 block trades worth 169.50mn at 91.17yuan per share, 10.01pct discount from last closing.
-Cimc Vehicles (301039 CH) saw 19 block trades worth 151.78mn at 8.33yuan per share, 8.96pct discount from last closing.
For more insights, please visit Orient Futures Singapore’s research platform,
繁微.

