{"id":16809,"date":"2025-07-14T09:37:01","date_gmt":"2025-07-14T01:37:01","guid":{"rendered":"https:\/\/www.orientfutures.com.sg\/?p=16809"},"modified":"2025-11-05T16:14:54","modified_gmt":"2025-11-05T08:14:54","slug":"morning-brief-2025-07-14","status":"publish","type":"post","link":"https:\/\/of.sbwd.website\/zh\/research\/morning-brief-2025-07-14\/","title":{"rendered":"Morning Brief 2025-07-14"},"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=\"16809\" class=\"elementor elementor-16809\" 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>Financial<\/strong><br \/>-The MoF issued the \u201cNotice on Guiding Insurance Funds Towards Long-term and Stable Investment and Further Strengthening the Long-cycle Assessment of State-owned Commercial Insurance Companies\u201d, requiring enhancement of asset-liability management capabilities and strengthen the alignment of assets and liabilities in terms of maturity structure, cost-benefit, cash flow, and etc.<br \/>-Shanghai Stock Exchange officially released the Self-Regulatory Guidelines for Listed Companies on the STAR Board No. 5\u2014Sci-Tech Innovation Growth Layer, which adds 32 existing unprofitable companies in immediately and raised exit requirement for newly registered unprofitable companies.<\/p><p><strong>Data<\/strong><br \/>-65 restricted shares will be available for sell during July 14-18, worth cny 62.21bn in total and up 69.48% vs last week. 600927, 000737 and 601096 top the 3 for cny 12.84bn, 8.67bn and 4.25bn.<\/p><p><strong>Co Focus<\/strong><br \/>-Zhiyuan Robotics and Unitree Robotics won the bid for the humanoid bipedal robot manufacturing service procurement project of China Mobile (Hangzhou) Information Technology Co., Ltd. for the period 2025 to 2027, total budget of 124.05 mn yuan (tax included).<br \/>-The new round of &#8220;food delivery subsidy wars&#8221; has reignited this weekend, with platforms like Meituan and Taobao once again offering large discount coupons.<\/p><p><strong>July 11 Block Trade Info<\/strong><br \/>*Discount<br \/>-Milkyway Intelligent (603713 CH) saw 17 block trades worth 77.63mn at 49.23yuan per share, 7.98pct discount from last closing.<br \/>-Huatu Cendes (300492 CH) saw 22 block trades worth 99.21mn at 60.00yuan per share, 9.91pct discount from last closing.<br \/>-Yunnan Energy(002812 CH) saw 1 block trade worth 91.05mn at 26.28yuan per share, 7.98pct discount from last closing.<\/p><p>*Premium<br \/>-Antong Holdings (600179 CH) saw 1 block trade worth 106.00mn at 3.18yuan per share, 9.28pct premium from last closing.<\/p><\/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-2025-07-14.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 MoF issued the \u201cNotice on Guiding Insurance Funds Towards Long-term and Stable Investment and Further Strengthening the Long-cycle Assessment of State-owned Commercial Insurance Companies\u201d, requiring enhancement of asset-liability management capabilities and strengthen the alignment of assets and liabilities in terms of maturity structure, cost-benefit, cash flow, and etc.<\/p>","protected":false},"author":3,"featured_media":16811,"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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