{"id":21145,"date":"2025-12-10T09:25:29","date_gmt":"2025-12-10T01:25:29","guid":{"rendered":"https:\/\/www.orientfutures.com.sg\/?p=21145"},"modified":"2026-02-04T10:51:13","modified_gmt":"2026-02-04T02:51:13","slug":"morning-brief-2025-12-10","status":"publish","type":"post","link":"https:\/\/of.sbwd.website\/zh\/research\/morning-brief-2025-12-10\/","title":{"rendered":"Morning Brief 2025-12-10"},"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=\"21145\" class=\"elementor elementor-21145\" 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<div data-ogsc=\"\"><div data-ogsc=\"\"><p><strong>Industry<\/strong><\/p><p>-Market rumors claim that a polysilicon capacity integration and acquisition platform was officially established today, named Beijing Guanghe Qiancheng Technology Co., Ltd. with a registered capital of 3 billion yuan.&#8221; Multiple industry insiders have confirmed the veracity of the above news.<\/p><p>-Alibaba has set up the Qwen C-end Business Group, with its primary goal to build Qwen into a super app and make it the top entry point for users in the AI era.<\/p><p><strong>Finance<\/strong><\/p><p>-HKEX has launched the HKEX Tech 100 Index and authorized E Fund Management Co., Ltd. to launch an ETF tracking this index in mainland China.<\/p><p><strong>Data<\/strong><\/p><p>-According to the China Federation of Logistics and Purchasing, in November, China&#8217;s Road Logistics Price Index stood at 105.4 points, rising 0.46% m\/m and 0.82% y\/y.<\/p><p><strong>Dec 9 Block Trade Info<\/strong><\/p><p>*Discount<\/p><p>-Optowide Tech (688195 CH) saw 7 block trades worth 352.80mn at 138.88yuan per share, 27.63pct discount from last closing.<\/p><p>-Wingtech (600745 CH) saw 1 block trade worth 97.13mn at 38.85yuan per share, 1.32pct discount from last closing.<\/p><p>-Zhongji Innolight (300308 CH) saw 2 block trades worth 116.35mn at 581.76yuan per share, 4.00pct discount from last closing.<\/p><p>-Dongcheng Biochemical (002675 CH) saw 1 block trade worth 85.32mn at 14.22yuan per share, 3.00pct discount from last closing.<\/p><p>*Flat<\/p><p>-Micro-Tech (688029 CH) saw 1 block trade worth 147.50mn at 78.52yuan per share, flat from last closing.<\/p><\/div><\/div><p>For more insights, please visit Orient Futures Singapore\u2019s research platform,\u00a0<a href=\"http:\/\/www.finoview.com.sg\/\">\u7e41\u5fae<\/a>.<\/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\/12\/Morning-Brief-2025-12-10.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>Market rumors claim that a polysilicon capacity integration and acquisition platform was officially established today, named Beijing Guanghe Qiancheng Technology Co., Ltd. with a registered capital of 3 billion yuan.&#8221; Multiple industry insiders have confirmed the veracity of the above news.<\/p>","protected":false},"author":3,"featured_media":21148,"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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