{"id":32188,"date":"2026-05-22T09:30:07","date_gmt":"2026-05-22T01:30:07","guid":{"rendered":"https:\/\/www.orientfutures.com.sg\/?p=32188"},"modified":"2026-05-22T09:30:49","modified_gmt":"2026-05-22T01:30:49","slug":"morning-brief-2026-5-22","status":"publish","type":"post","link":"https:\/\/www.orientfutures.com.sg\/zh\/research\/morning-brief-2026-5-22\/","title":{"rendered":"Morning Brief 2026-5-22"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">\u5206\u949f<\/span><\/span>\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"32188\" class=\"elementor elementor-32188\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-73ce121d e-flex e-con-boxed e-con e-parent\" data-id=\"73ce121d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1ef689ff elementor-widget elementor-widget-text-editor\" data-id=\"1ef689ff\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div data-ogsc=\"\"><strong>International<\/strong><\/div><div data-ogsc=\"\">\u00a0<\/div><div data-ogsc=\"\"><span data-blocked-bgimage=\"initial\" data-ogsc=\"\">&#8211; China and Russia have signed a joint statement on supporting open trade and multilateralism. The statement emphasizes the need to uphold multilateralism, resist unilateral coercive measures and trade protectionism, and oppose trade restrictions imposed in the name of national security and other pretexts.<\/span><\/div><div data-ogsc=\"\">\u00a0<\/div><div data-ogsc=\"\"><strong>Sectors<\/strong><\/div><div data-ogsc=\"\">\u00a0<\/div><div data-ogsc=\"\"><span data-blocked-bgimage=\"initial\" data-ogsc=\"\">&#8211; National Development and Reform Commission: The prices of domestic gasoline and diesel (standard products) have been raised by 75 yuan and 70 yuan per ton respectively.<\/span><\/div><div data-ogsc=\"\">\u00a0<\/div><div data-ogsc=\"\"><strong>Industry<\/strong><\/div><div data-ogsc=\"\">\u00a0<\/div><div data-ogsc=\"\"><span data-blocked-bgimage=\"initial\" data-ogsc=\"\">&#8211; Tesla officially announced that FSD Supervised is now available in multiple countries including China, the United States, Canada, South Korea, the Netherlands and Australia. In addition, Tesla has officially discontinued production of the Model S and Model X. The original production lines will be repurposed to manufacture humanoid robots, with a planned annual capacity of one million units.<\/span><\/div><div data-ogsc=\"\">\u00a0<\/div><div data-ogsc=\"\"><strong>Data<\/strong><\/div><div data-ogsc=\"\">\u00a0<\/div><div data-ogsc=\"\"><span data-blocked-bgimage=\"initial\" data-ogsc=\"\">&#8211; Data from the National Energy Administration shows that as of the end of April 2026, China had a total of 21.955 million electric vehicle charging facilities (charging guns), representing a year\u2011on\u2011year increase of 47.4%.<\/span><\/div><div data-ogsc=\"\">\u00a0<\/div><div data-ogsc=\"\"><span data-blocked-bgimage=\"initial\" data-ogsc=\"\">&#8211; Since the start of this year, A\u2011share listed companies have maintained strong enthusiasm for share buybacks. As of May 20, a total of 491 A\u2011share listed companies have disclosed 1,146 share buyback plans or relevant progress updates this year, with a cumulative buyback value of 92.647 billion yuan.<\/span><\/div><div data-ogsc=\"\">\u00a0<\/div><div data-ogsc=\"\"><strong>May 21 Block Trade Info<\/strong><\/div><div data-ogsc=\"\">\u00a0<\/div><div data-ogsc=\"\"><span data-blocked-bgimage=\"initial\" data-ogsc=\"\">*Discount<\/span><\/div><div data-ogsc=\"\">\u00a0<\/div><div data-ogsc=\"\"><span data-blocked-bgimage=\"initial\" data-ogsc=\"\">&#8211; Avary Holding (002938 CH) saw 1 block trades worth 1992.00mn at 83.00yuan per share, 8.00pct discount from last closing.<\/span><\/div><div data-ogsc=\"\">\u00a0<\/div><div data-ogsc=\"\"><span data-blocked-bgimage=\"initial\" data-ogsc=\"\">&#8211; Zhongji Innolight (300308 CH) saw 4 block trades worth 195.87mn at 993.34yuan per share, 4.21pct discount from last closing.<\/span><\/div><div data-ogsc=\"\">\u00a0<\/div><div data-ogsc=\"\"><span data-blocked-bgimage=\"initial\" data-ogsc=\"\">*Premium<\/span><\/div><div data-ogsc=\"\">\u00a0<\/div><div data-ogsc=\"\"><span data-blocked-bgimage=\"initial\" data-ogsc=\"\">&#8211; Tianshan Aluminum (002532 CH) saw 1 block trades worth 358.34mn at 15.86yuan per share, 1.99pct premium from last closing.<\/span><\/div><div data-ogsc=\"\">\u00a0<\/div><p>For more insights, please visit Orient Futures Singapore\u2019s research platform,\u00a0<br \/><a href=\"http:\/\/www.finoview.com.sg\/\">Finoview.<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-62ec1d0 elementor-widget elementor-widget-button\" data-id=\"62ec1d0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.orientfutures.com.sg\/wp-content\/uploads\/2026\/05\/Morning-Brief-2026-05-22.pdf\" target=\"_blank\" rel=\"nofollow\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Download PDF<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">\u5206\u949f<\/span><\/span>China\u2019s latest market developments include a China-Russia joint statement supporting multilateral trade, higher domestic fuel prices, Tesla\u2019s humanoid robot production plans, and strong EV charging infrastructure growth.<\/p>","protected":false},"author":3,"featured_media":32189,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":"","_links_to":"","_links_to_target":""},"categories":[33],"tags":[],"post_language":[],"class_list":["post-32188","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-research"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.5 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Morning Brief 2026-5-22 - Orient Futures Singapore<\/title>\n<meta name=\"description\" content=\"China market update covering China-Russia support for open trade, fuel price adjustments, Tesla\u2019s global FSD rollout &amp; humanoid robot plans.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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