{"id":14404,"date":"2025-05-21T09:22:26","date_gmt":"2025-05-21T01:22:26","guid":{"rendered":"https:\/\/www.orientfutures.com.sg\/?p=14404"},"modified":"2026-02-11T15:04:36","modified_gmt":"2026-02-11T07:04:36","slug":"morning-brief-2025-05-21","status":"publish","type":"post","link":"https:\/\/of.sbwd.website\/zh\/research\/morning-brief-2025-05-21\/","title":{"rendered":"Morning Brief 2025-05-21"},"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=\"14404\" class=\"elementor elementor-14404\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4025ec7 e-flex e-con-boxed e-con e-parent\" data-id=\"4025ec7\" 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-945fb5f elementor-widget elementor-widget-text-editor\" data-id=\"945fb5f\" 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<p><strong>\u677f\u5757<\/strong><br \/>-The Cyberspace Administration of China and other three departments issued the&#8221;Key Points for Deepening the deployment and application of IPv6 in 2025&#8243;.<br \/>-NDRC\uff1aInternal competition distorts market mechanism and disrupts fair competition order, thus it\u2019s must be rectified.<\/p><p><strong>International Relationship<\/strong><br \/>-Japan is considering accepting US tariff cuts rather than exemptions.<\/p><p><strong>Co\u2019s focus<\/strong><br \/>-MediaTek CEO Rick Tsai said that the company plans to conduct new 2nm chiptape-out at TSMC in September.<\/p><p><strong>Data<\/strong><br \/>-China&#8217;s fiscal revenue was cny 8.062tn, which fell 0.4% y\/y in Jan to Apr,according to the MoF. Fiscal spending was cny 9.358tn,up 4.6% y\/y; government land sales income was cny 934bn,11.4% y\/y; tax revenue fell 2.1% y\/y.<\/p><p><strong>May 20 Block Trade Info<\/strong><br \/>*Discount<br \/>-Farsoon Tech (688433 CH) saw 7 block trades worth 87.09mn at 35.16yuan per share,8.53pct discount from last closing.<br \/>-Eastroc Beverage (605499 CH) saw 16 block trade worth 444.60mn at 261.65yuan per share,6.89pct discount from last closing.<br \/>-Jiangsu Boiln (301003 CH) saw 19 block trades worth 52.16mn at 26.85yuan per share,13.28pct discount from last closing.<br \/>-Jingu (002488 CH) saw 5 block trade worth 79.57mn at 13.24yuan per share,8.06pct discount from last closing.=<\/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-2604ec3 elementor-widget elementor-widget-button\" data-id=\"2604ec3\" 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:\/\/of.sbwd.website\/wp-content\/uploads\/2025\/05\/Morning-Brief-2025-05-21.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>The Cyberspace Administration of China and other three departments issued the\u201dKey Points for Deepening the deployment and application of IPv6 in 2025\u2033.<\/p>","protected":false},"author":3,"featured_media":14405,"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 center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center 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-14404","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 v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Morning Brief 2025-05-21 - Orient Futures Singapore<\/title>\n<meta name=\"description\" content=\"The Cyberspace Administration of China and three departments outline key priorities for IPv6 deployment and application in 2025.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"zh_CN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Morning Brief 2025-05-21\" \/>\n<meta property=\"og:description\" content=\"The Cyberspace Administration of China and three departments outline key priorities for IPv6 deployment and application in 2025.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.orientfutures.com.sg\/research\/morning-brief-2025-05-21\/\" \/>\n<meta property=\"og:site_name\" content=\"Orient Futures Singapore\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-21T01:22:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-02-11T07:04:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.orientfutures.com.sg\/wp-content\/uploads\/2025\/05\/10-1024x576.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"576\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"of admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\u4f5c\u8005\" \/>\n\t<meta name=\"twitter:data1\" content=\"of admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"\u9884\u8ba1\u9605\u8bfb\u65f6\u95f4\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 \u5206\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.orientfutures.com.sg\/research\/morning-brief-2025-05-21\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.orientfutures.com.sg\/research\/morning-brief-2025-05-21\/\"},\"author\":{\"name\":\"of admin\",\"@id\":\"https:\/\/of.sbwd.website\/#\/schema\/person\/cbad263b7041dc1719a2e99c8562b44a\"},\"headline\":\"Morning Brief 2025-05-21\",\"datePublished\":\"2025-05-21T01:22:26+00:00\",\"dateModified\":\"2026-02-11T07:04:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.orientfutures.com.sg\/research\/morning-brief-2025-05-21\/\"},\"wordCount\":192,\"publisher\":{\"@id\":\"https:\/\/of.sbwd.website\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.orientfutures.com.sg\/research\/morning-brief-2025-05-21\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/of.sbwd.website\/wp-content\/uploads\/2025\/05\/10.png\",\"articleSection\":[\"Research\"],\"inLanguage\":\"zh-Hans\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.orientfutures.com.sg\/research\/morning-brief-2025-05-21\/\",\"url\":\"https:\/\/www.orientfutures.com.sg\/research\/morning-brief-2025-05-21\/\",\"name\":\"Morning Brief 2025-05-21 - Orient Futures Singapore\",\"isPartOf\":{\"@id\":\"https:\/\/of.sbwd.website\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.orientfutures.com.sg\/research\/morning-brief-2025-05-21\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.orientfutures.com.sg\/research\/morning-brief-2025-05-21\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/of.sbwd.website\/wp-content\/uploads\/2025\/05\/10.png\",\"datePublished\":\"2025-05-21T01:22:26+00:00\",\"dateModified\":\"2026-02-11T07:04:36+00:00\",\"description\":\"The Cyberspace Administration of China and three departments outline key priorities for IPv6 deployment and application in 2025.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.orientfutures.com.sg\/research\/morning-brief-2025-05-21\/#breadcrumb\"},\"inLanguage\":\"zh-Hans\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.orientfutures.com.sg\/research\/morning-brief-2025-05-21\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"zh-Hans\",\"@id\":\"https:\/\/www.orientfutures.com.sg\/research\/morning-brief-2025-05-21\/#primaryimage\",\"url\":\"https:\/\/of.sbwd.website\/wp-content\/uploads\/2025\/05\/10.png\",\"contentUrl\":\"https:\/\/of.sbwd.website\/wp-content\/uploads\/2025\/05\/10.png\",\"width\":1920,\"height\":1080,\"caption\":\"Quality control: A scientist examines a small semiconductor microchip in a sterile environment.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.orientfutures.com.sg\/research\/morning-brief-2025-05-21\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.orientfutures.com.sg\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Morning Brief 2025-05-21\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/of.sbwd.website\/#website\",\"url\":\"https:\/\/of.sbwd.website\/\",\"name\":\"Orient Futures Singapore\",\"description\":\"The Premier Gateway to Global Markets\",\"publisher\":{\"@id\":\"https:\/\/of.sbwd.website\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/of.sbwd.website\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"zh-Hans\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/of.sbwd.website\/#organization\",\"name\":\"Orient Futures Singapore\",\"url\":\"https:\/\/of.sbwd.website\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"zh-Hans\",\"@id\":\"https:\/\/of.sbwd.website\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/of.sbwd.website\/wp-content\/uploads\/2025\/01\/orient-futures-logo-color.png\",\"contentUrl\":\"https:\/\/of.sbwd.website\/wp-content\/uploads\/2025\/01\/orient-futures-logo-color.png\",\"width\":800,\"height\":149,\"caption\":\"Orient Futures Singapore\"},\"image\":{\"@id\":\"https:\/\/of.sbwd.website\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/of.sbwd.website\/#\/schema\/person\/cbad263b7041dc1719a2e99c8562b44a\",\"name\":\"of admin\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Morning Brief 2025-05-21 - Orient Futures Singapore","description":"The Cyberspace Administration of China and three departments outline key priorities for IPv6 deployment and application in 2025.","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"zh_CN","og_type":"article","og_title":"Morning Brief 2025-05-21","og_description":"The Cyberspace Administration of China and three departments outline key priorities for IPv6 deployment and application in 2025.","og_url":"https:\/\/www.orientfutures.com.sg\/research\/morning-brief-2025-05-21\/","og_site_name":"Orient Futures Singapore","article_published_time":"2025-05-21T01:22:26+00:00","article_modified_time":"2026-02-11T07:04:36+00:00","og_image":[{"width":1024,"height":576,"url":"https:\/\/www.orientfutures.com.sg\/wp-content\/uploads\/2025\/05\/10-1024x576.png","type":"image\/png"}],"author":"of admin","twitter_card":"summary_large_image","twitter_misc":{"\u4f5c\u8005":"of admin","\u9884\u8ba1\u9605\u8bfb\u65f6\u95f4":"1 \u5206"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.orientfutures.com.sg\/research\/morning-brief-2025-05-21\/#article","isPartOf":{"@id":"https:\/\/www.orientfutures.com.sg\/research\/morning-brief-2025-05-21\/"},"author":{"name":"of admin","@id":"https:\/\/of.sbwd.website\/#\/schema\/person\/cbad263b7041dc1719a2e99c8562b44a"},"headline":"Morning Brief 2025-05-21","datePublished":"2025-05-21T01:22:26+00:00","dateModified":"2026-02-11T07:04:36+00:00","mainEntityOfPage":{"@id":"https:\/\/www.orientfutures.com.sg\/research\/morning-brief-2025-05-21\/"},"wordCount":192,"publisher":{"@id":"https:\/\/of.sbwd.website\/#organization"},"image":{"@id":"https:\/\/www.orientfutures.com.sg\/research\/morning-brief-2025-05-21\/#primaryimage"},"thumbnailUrl":"https:\/\/of.sbwd.website\/wp-content\/uploads\/2025\/05\/10.png","articleSection":["Research"],"inLanguage":"zh-Hans"},{"@type":"WebPage","@id":"https:\/\/www.orientfutures.com.sg\/research\/morning-brief-2025-05-21\/","url":"https:\/\/www.orientfutures.com.sg\/research\/morning-brief-2025-05-21\/","name":"Morning Brief 2025-05-21 - Orient Futures Singapore","isPartOf":{"@id":"https:\/\/of.sbwd.website\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.orientfutures.com.sg\/research\/morning-brief-2025-05-21\/#primaryimage"},"image":{"@id":"https:\/\/www.orientfutures.com.sg\/research\/morning-brief-2025-05-21\/#primaryimage"},"thumbnailUrl":"https:\/\/of.sbwd.website\/wp-content\/uploads\/2025\/05\/10.png","datePublished":"2025-05-21T01:22:26+00:00","dateModified":"2026-02-11T07:04:36+00:00","description":"The Cyberspace Administration of China and three departments outline key priorities for IPv6 deployment and application in 2025.","breadcrumb":{"@id":"https:\/\/www.orientfutures.com.sg\/research\/morning-brief-2025-05-21\/#breadcrumb"},"inLanguage":"zh-Hans","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.orientfutures.com.sg\/research\/morning-brief-2025-05-21\/"]}]},{"@type":"ImageObject","inLanguage":"zh-Hans","@id":"https:\/\/www.orientfutures.com.sg\/research\/morning-brief-2025-05-21\/#primaryimage","url":"https:\/\/of.sbwd.website\/wp-content\/uploads\/2025\/05\/10.png","contentUrl":"https:\/\/of.sbwd.website\/wp-content\/uploads\/2025\/05\/10.png","width":1920,"height":1080,"caption":"Quality control: A scientist examines a small semiconductor microchip in a sterile environment."},{"@type":"BreadcrumbList","@id":"https:\/\/www.orientfutures.com.sg\/research\/morning-brief-2025-05-21\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.orientfutures.com.sg\/"},{"@type":"ListItem","position":2,"name":"Morning Brief 2025-05-21"}]},{"@type":"WebSite","@id":"https:\/\/of.sbwd.website\/#website","url":"https:\/\/of.sbwd.website\/","name":"\u4e1c\u8bc1\u671f\u8d27\u65b0\u52a0\u5761","description":"\u76f4\u901a\u5168\u7403\u5e02\u573a\u7684<br>\u9996\u8981\u6e20\u9053","publisher":{"@id":"https:\/\/of.sbwd.website\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/of.sbwd.website\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"zh-Hans"},{"@type":"Organization","@id":"https:\/\/of.sbwd.website\/#organization","name":"\u4e1c\u8bc1\u671f\u8d27\u65b0\u52a0\u5761","url":"https:\/\/of.sbwd.website\/","logo":{"@type":"ImageObject","inLanguage":"zh-Hans","@id":"https:\/\/of.sbwd.website\/#\/schema\/logo\/image\/","url":"https:\/\/of.sbwd.website\/wp-content\/uploads\/2025\/01\/orient-futures-logo-color.png","contentUrl":"https:\/\/of.sbwd.website\/wp-content\/uploads\/2025\/01\/orient-futures-logo-color.png","width":800,"height":149,"caption":"Orient Futures Singapore"},"image":{"@id":"https:\/\/of.sbwd.website\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/of.sbwd.website\/#\/schema\/person\/cbad263b7041dc1719a2e99c8562b44a","name":"of admin"}]}},"_links":{"self":[{"href":"https:\/\/of.sbwd.website\/zh\/wp-json\/wp\/v2\/posts\/14404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/of.sbwd.website\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/of.sbwd.website\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/of.sbwd.website\/zh\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/of.sbwd.website\/zh\/wp-json\/wp\/v2\/comments?post=14404"}],"version-history":[{"count":6,"href":"https:\/\/of.sbwd.website\/zh\/wp-json\/wp\/v2\/posts\/14404\/revisions"}],"predecessor-version":[{"id":23216,"href":"https:\/\/of.sbwd.website\/zh\/wp-json\/wp\/v2\/posts\/14404\/revisions\/23216"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/of.sbwd.website\/zh\/wp-json\/wp\/v2\/media\/14405"}],"wp:attachment":[{"href":"https:\/\/of.sbwd.website\/zh\/wp-json\/wp\/v2\/media?parent=14404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/of.sbwd.website\/zh\/wp-json\/wp\/v2\/categories?post=14404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/of.sbwd.website\/zh\/wp-json\/wp\/v2\/tags?post=14404"},{"taxonomy":"post_language","embeddable":true,"href":"https:\/\/of.sbwd.website\/zh\/wp-json\/wp\/v2\/post_language?post=14404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}