Human and Robot Hands Shaking, AI Future
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Industrial Economy
 
*Guangzhou City issued the notice on “Guangzhou Artificial Intelligence Industry 2026 Work Priorities”, supporting the R&D and launch of potential hit smart hardware products such as AI glasses and smartwatches.
 
*The Beijing Municipal Internet Information Office and two other departments jointly issued the “Negative List and Management Measures for Data Outbound Transfers for the China (Beijing) Pilot Free Trade Zone and the National Comprehensive Demonstration Zone for Expanding Opening-up in the Service Sector”.
 
Financial
 
*PBoC released a report on the implementation of monetary policy in the first quarter, pointing out that supply shocks and imported inflationary pressures have emerged. Looking to the future, the artificial intelligence industry will inject more momentum into the high-quality economic development. We should continue to implement a moderately loose monetary policy in the next stage.
 
Middle East Conflict
 
*The negotiations between the United States and Iran reached an impasse, and Trump said that the ceasefire agreement was in danger.
 
Co Focus
 
*The application for SMIC International to issue shares to buy 49% of the equity of SMIC North has been reviewed and approved by the Mergers and Acquisitions and Reorganisation Committee of the Shanghai Stock Exchange.
 
May 11 Block Trade Info
 
*Discount
 
– Robotechnik Intelligent Tech (300757 CH) saw 25 block trades worth 137.56mn at 455.95yuan per share, 12.18pct discount from last closing.
 
– Yixintang Pharmaceutical (002727 CH) saw 4 block trades worth 101.36mn at 11.51yuan per share, 9.94pct discount from last closing.
 
– Guang Pu Electronics (300632 CH) saw 19 block trades worth 76.65mn at 21.05yuan per share, 15.77pct discount from last closing.
 
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