{"id":14958,"date":"2025-06-04T09:40:50","date_gmt":"2025-06-04T01:40:50","guid":{"rendered":"https:\/\/www.orientfutures.com.sg\/?p=14958"},"modified":"2026-02-11T14:49:32","modified_gmt":"2026-02-11T06:49:32","slug":"morning-brief-2025-06-04","status":"publish","type":"post","link":"https:\/\/of.sbwd.website\/zh\/research\/morning-brief-2025-06-04\/","title":{"rendered":"Morning Brief 2025-06-04"},"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=\"14958\" class=\"elementor elementor-14958\" 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 \/>-Ministry of Commerce and other five departments organized the NEV going to the countryside in 2025.<br \/>-OECD lowered its global GDP growth forecast for 2025 from 3.1% to 2.9%, and lower edits forecast for 2026 from 3.0% to 2.9%.<br \/>-China&#8217;s refined oil prices will rise for the fourth time in the year. From 24:00 on June 3, the prices of gasoline and diesel in China will be increased by 65 yuan and 60 yuan per ton respectively.<\/p><p><strong>Co\u2019s Focus<\/strong><br \/>-Lei Jun, founder of Xiaomi, disclosed the price of YU7 cannot be CNY 235,900, and the official price will not be determined until 1-2 days before press conference. The loss of the automobile business is gradually narrowing and is expected to be profitable in the third to fourth quarters of this year. The hardware profit margin of Xiaomi will be controlled at 5% for a long time.<br \/>-Huawei Pura 80 series and full scene new product launch will be held at 14:30on June 11.<\/p><p><strong>Data<\/strong><br \/>-It is learned from the Ministry of Transport that from May 31 to June 2 (Dragon Boat Festival holiday), the cross-regional passenger flow across the country reached 653.7mn person-times, with an average of 217.9mn person-times per day,up 2.5% y\/y (compared with the Dragon Boat Festival holiday).<\/p><p><strong>June 3 Block Trade Info<\/strong><br \/>*Discount<br \/>-Cisen Pharma (603367 CH) saw 1 block trade worth 119.00mn at 13.18yuan per share,8.85pct discount from last closing.<br \/>-Contec Medical (300869 CH) saw 15 block trades worth 48.32mn at 12.87yuan per share,11.06pct discount from last closing.<br \/>-Sinnet Tech (300383 CH) saw 3 block trades worth 64.77mn at 11.59yuan per share,10.02pct 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\/06\/Morning-Brief-2025-06-04.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>Ministry of Commerce and other five departments organized the NEV going to the countryside in 2025.<\/p>","protected":false},"author":3,"featured_media":14959,"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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