{"id":17683,"date":"2025-08-18T09:28:41","date_gmt":"2025-08-18T01:28:41","guid":{"rendered":"https:\/\/www.orientfutures.com.sg\/?p=17683"},"modified":"2025-11-05T16:50:53","modified_gmt":"2025-11-05T08:50:53","slug":"morning-brief-2025-08-18","status":"publish","type":"post","link":"https:\/\/of.sbwd.website\/zh\/research\/morning-brief-2025-08-18\/","title":{"rendered":"Morning Brief 2025-08-18"},"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=\"17683\" class=\"elementor elementor-17683\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4025ec7 e-con-full e-flex e-con e-parent\" data-id=\"4025ec7\" data-element_type=\"container\" data-e-type=\"container\">\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>Xi\u2019s Emphasis<\/strong><\/p><p><span data-blocked-bgimage=\"initial\">*The Journal Qiushi published a key article by the Chairman Xi Jinping titled \u201cPromoting the Healthy and High-Quality Development of the Private Economy\u201d.<\/span><\/p><p><strong>Financial<\/strong><\/p><p><span data-blocked-bgimage=\"initial\">*PBoC released its China Monetary Policy Execution Report for the 25Q2, in the next phase, financial policies will focus on supply-side measures, aiming to create effective demand through high-quality supply and implement a moderately accommodative monetary policy in a detailed and targeted manner.<\/span><\/p><p><strong>Industrial Economy<\/strong><\/p><p><span data-blocked-bgimage=\"initial\">*On August 15th local time, the Trump administration of the United States announced an expansion of the 50% tariffs on steel and aluminum imports, adding hundreds of derivative products to the list of goods subject to the additional tariffs.<\/span><\/p><p>*MIIT, MoF and the State Taxation Administration jointly issued a notice on formulating the 2025 list of machine tool enterprises eligible for the value-added tax (VAT) additional deduction policy.<\/p><p>*The Ministry of Ecology and Environment (MEE) drafted and publicly solicited opinions on an \u201cAnnouncement on Banning the Production of Household Refrigerators and Freezers Using Hydrofluorocarbons (HFCs) as Refrigerants\u201d, which is set to take effect from January 1st, 2026.<\/p><p><strong>Co Focus<\/strong><\/p><p><span data-blocked-bgimage=\"initial\">*Amlogic (688099 CH) stated on the interactive platform that its chips are used in Unitree&#8217;s robotic arm products.<\/span><\/p><p><strong>Aug 15 Block Trade Info<\/strong><\/p><p><span data-blocked-bgimage=\"initial\">*Discount<\/span><\/p><p><span data-blocked-bgimage=\"initial\">-Sulian Plastic (301397 CH) saw 1 block trade worth 70.93mn at 45.57yuan per share, 2.00pct discount from last closing.<\/span><\/p><p><span data-blocked-bgimage=\"initial\">-Medprin Regenerative Medical Tech (301033 CH) saw 5 block trades worth 49.27mn at 74.07yuan per share, 13.01pct discount from last closing.<\/span><\/p><p><span data-blocked-bgimage=\"initial\">-Yiheda (301029 CH) saw 23 block trades worth 151.64mn at 20.06\/24.50yuan per share, 9.93\/26.25pct discount from last closing.<\/span><\/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\/08\/Morning-Brief-2025-08-18.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<\/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 Journal Qiushi published a key article by the Chairman Xi Jinping titled \u201cPromoting the Healthy and High-Quality Development of the Private Economy\u201d.<\/p>","protected":false},"author":3,"featured_media":17686,"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-17683","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 2025-08-18 - Orient Futures Singapore<\/title>\n<meta name=\"description\" content=\"PBoC\u2019s Q2 2025 monetary report outlines supply-side focus, aiming to boost effective demand with targeted, moderately accommodative policies.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" 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