Core Viewpoint - The Dalian Commodity Exchange (DCE) has announced new trading limits for coking coal futures contracts, effective from August 15, 2025, to regulate market activities and manage risk exposure [1] Group 1: Trading Limits - Non-futures company members or clients will have a daily opening position limit of 1,000 lots for the JM2601 coking coal futures contract [1] - The daily opening position limit for the JM2509 coking coal futures contract will be set at 500 lots [1] - For other coking coal futures contracts, the daily opening position limit will be 2,000 lots [1]

Core Viewpoint - The Dalian Commodity Exchange has announced new trading limits for non-futures company members or clients on coking coal futures contracts, effective from August 15, 2025 [2] Group 1: Trading Limits - The daily opening position limit for the coking coal futures contract JM2601 will be set at 1,000 lots [2] - The daily opening position limit for the coking coal futures contract JM2509 will be set at 500 lots [2] - The daily opening position limit for other coking coal futures contracts will be set at 2,000 lots [2]

Group 1 - The State Council, led by Li Qiang, is implementing measures to gradually promote free preschool education [1] - The China Securities Regulatory Commission (CSRC) is tightening restrictions on potential significant adverse impacts from peer competition on listed companies, enhancing the review responsibilities and decision-making requirements for related transactions [2] - According to Qunzhi Consulting, TV panel prices experienced a decline in July due to supply and demand dynamics, with expectations of a gradual stabilization starting in August [3] Group 2 - The Dalian Commodity Exchange has adjusted the trading limits for lithium carbonate futures (LC2509), capping the daily opening position at 3,000 contracts, while the Zhengzhou Commodity Exchange has set a limit of 500 contracts for coking coal futures (JM2509) [4] - Bond funds may face significant redemption pressure, with over 200 billion yuan in various bonds sold in the first four days of the week, including nearly 100 billion yuan sold in a single day on July 24 [5] - China Fortune Securities plans to issue H-shares and list on the Hong Kong Stock Exchange [6] - China Duty Free Group reported a net profit of 2.6 billion yuan for the first half of the year, a year-on-year decrease of 20.81% [6] - Dongshan Precision plans to invest up to 1 billion USD in a high-end printed circuit board project through its subsidiary [6] - Huaitong Group, which has seen a surge in stock prices, clarified that it did not participate in the construction of the hydropower station project downstream of the Yarlung Tsangpo River [6] - Guangsheng Pharmaceutical's innovative hepatitis B treatment drug, Nairu Kewei GST-HG141, has successfully enrolled its first subject in a Phase III clinical trial [6]

Group 1 - The Dalian Commodity Exchange (DCE) has announced new trading limits for non-futures company members or clients on coking coal futures contracts starting from July 29, 2025 [1] - The daily opening position limit for the JM2509 contract will be set at 500 lots, while for other coking coal futures contracts, it will be capped at 2,000 lots [1] - The daily opening position refers to the total number of buy and sell positions opened in a single contract by non-futures company members or clients [1] Group 2 - Hedging transactions and market-making transactions are exempt from the above-mentioned opening position limits [1] - Accounts with actual control relationships will be managed as a single account [1] - The exchange will adjust the trading limits based on market conditions [1]