{"id":16760,"date":"2025-07-09T09:23:52","date_gmt":"2025-07-09T01:23:52","guid":{"rendered":"https:\/\/www.orientfutures.com.sg\/?p=16760"},"modified":"2025-11-05T16:20:19","modified_gmt":"2025-11-05T08:20:19","slug":"morning-brief-2025-07-09","status":"publish","type":"post","link":"https:\/\/of.sbwd.website\/zh\/research\/morning-brief-2025-07-09\/","title":{"rendered":"Morning Brief 2025-07-09"},"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\"> 2<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span>\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"16760\" class=\"elementor elementor-16760\" 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<div data-ogsc=\"\" data-olk-copy-source=\"MessageBody\"><p><strong>Sector News<\/strong><\/p><p>-President Xi Jinping emphasized during investigation in Shanxi province that efforts will be made to take new steps in promoting the transformation of the resource-based economy, with supporting development of wind power, PV power generation, hydrogen energy and other energy sources to build a new energy system.<\/p><p>-China is currently working on top-level design for proactively addressing population aging, according to someone familiar with this matter.<\/p><p><span style=\"font-style: inherit; font-weight: inherit; letter-spacing: -0.3px;\">-NDRC and 6 other departments jointly issued the Guidelines on Accelerating the Development of an Inclusive Childcare Service System, which outlines plans to establish a &#8220;1+N&#8221; childcare service network.<\/span><\/p><div data-ogsc=\"\" data-olk-copy-source=\"MessageBody\"><p>-In response to market rumors about the imminent launch of polysilicon procurement and storage policies, a relevant official from Tongwei Co., Ltd. stated, &#8220;no concrete information available to share.&#8221;<\/p><p><strong>Data<\/strong><\/p><p>-China June retail passenger vehicle sales rise 7.6% m\/m and up 18.1% y\/y. In breakdown, June NEV sales rise 8.2% m\/m and up 29.7% y\/y, according to PCA.<\/p><p><strong>Co Focus<\/strong><\/p><p>-Changan Group has recently established a preparatory team for its reorganization, with senior executives from Changan Auto and Chenzhi Group serving as core members, which expects to be finalized in Aug, according to someone familiar with this matter.<\/p><p>-Wantai Biological Pharmacy, the developer of China&#8217;s first domestic nine-valent HPV vaccine, has priced its product &#8220;Cecolin 9&#8221; at 499 yuan per dose\u2014approximately 40% of the price of imported vaccines.<\/p><p><strong>July 8 Block Trade Info<\/strong><\/p><p>*Discount<\/p><p>-Dizal Pharma (688192 CH) saw 6 block trades worth 50.89mn at 59.67yuan per share, 8.00pct discount from last closing.<\/p><p>-Zhonggu Logistics (603565 CH) saw 10 block trades worth 374.23mn at 8.91yuan per share, 7.67pct discount from last closing.<\/p><p>-Secote Precision (603283 CH) saw 19 block trades worth 64.52mn at 29.81yuan per share, 10.78pct discount from last closing.<\/p><p>-Dongyue Silicone Material (300821 CH) saw 18 block trades worth 70.58mn at 8.15yuan per share, 18.82pct discount from last closing.<\/p><p>-T&amp;S Communications (300570 CH) saw 11 block trades worth 123.81mn at 83.31yuan per share,15.00pct discount from last closing.<\/p><\/div><\/div>\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\/07\/Morning-Brief-2025-07-09.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\"> 2<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span>President Xi Jinping emphasized during investigation in Shanxi province that efforts will be  made to take new steps in promoting the transformation of the resource-based economy, with supporting development of wind power, PV power generation, hydrogen energy and other energy sources to build a new energy system. <\/p>","protected":false},"author":3,"featured_media":16762,"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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