{"id":18177,"date":"2025-09-19T09:36:07","date_gmt":"2025-09-19T01:36:07","guid":{"rendered":"https:\/\/www.orientfutures.com.sg\/?p=18177"},"modified":"2025-11-05T17:32:04","modified_gmt":"2025-11-05T09:32:04","slug":"morning-brief-2025-09-19","status":"publish","type":"post","link":"https:\/\/of.sbwd.website\/zh\/research\/morning-brief-2025-09-19\/","title":{"rendered":"Morning Brief 2025-09-19"},"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=\"18177\" class=\"elementor elementor-18177\" 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>Industrial Economy<\/strong><\/p><p><span data-blocked-bgimage=\"initial\">*The General Office of the National Health Commission and the General Office of the Ministry of Finance jointly issued the \u201cNotice on Issuing the Management Specifications for the Childcare Subsidy System (Trial)\u201d.<\/span><\/p><p><span data-blocked-bgimage=\"initial\">*The Ministry of Science and Technology: Promote the accelerated application of humanoid robots in scenarios such as automotive manufacturing, logistics handling and power inspection.<\/span><\/p><p><span data-blocked-bgimage=\"initial\">*Shanghai issued the \u201cSeveral Measures to Further Promote the High-Quality Development of the Cosmetics Industry\u201d, proposing to drive sustained economic improvement and foster high-quality growth in the cosmetics sector.<\/span><\/p><p><span data-blocked-bgimage=\"initial\">*Shanghai issued and publicly solicited opinions on the \u201cImplementation Rules for Accelerating the Development of High-Growth Enterprises\u201d, which clarifies the definition criteria, service arrangements and dynamic management mechanisms for nurturing high-growth enterprises such as gazelles and unicorns.<\/span><\/p><p>*Liaoning Province issued the \u201cImplementation Opinions on Promoting the Innovative Development of Digital Trade\u201d, which proposes accelerating the development of the digital industry and advancing key technology research in AI, cloud computing, big data and network communications.<\/p><p><strong>Sept 18 Block Trade Info<\/strong><\/p><p>*Discount<\/p><p>-Haoyuan Chemexpress (688131 CH) saw 1 block trade worth cny 275.73mn at 65yuan per shr, 14.07pct discount from last closing.<\/p><p>-Victory Giant Tech (300476 CH) saw 67 block trades worth cny 3.07bn at 277.11yuan per shr, 14.34pct discount from last closing.<\/p><p>-Kuang-Chi Tech (002625 CH) saw 4 block trades worth cny 210.48mn at 46.86yuan per shr, 2.50pct discount from last closing.<\/p><p>*Premium<\/p><p>-Pudong Development Bank (600000 CH) saw 2 block trades worth cny 6.37bn at 13.17yuan per shr, 3.29pct premium 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\/09\/Morning-Brief-2025-09-19.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 General Office of the National Health Commission and the General Office of the Ministry of Finance jointly issued the \u201cNotice on Issuing the Management Specifications for the Childcare Subsidy System (Trial)\u201d.<\/p>","protected":false},"author":3,"featured_media":18178,"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-18177","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 2025-09-19 - Orient Futures Singapore<\/title>\n<meta name=\"description\" content=\"China\u2019s NHC and MoF issue trial management specifications for the childcare subsidy system to guide implementation and administration.\" \/>\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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