Factors Affecting Stock Market Sentiment
Macro News 1. A spokesperson from China's Ministry of Foreign Affairs stated that leaders from China and the United States maintain communication and interaction, following a recent phone call between the heads of state. 2. The same spokesperson commented on nuclear arms control, emphasizing China's cautious stance and indicating that China will not participate in nuclear disarmament talks at the current stage due to the significant disparity in nuclear capabilities compared to the US and Russia. 3. The US President expressed opposition to extending the New START treaty with Russia, suggesting instead the development of a new, improved, and modernized agreement. 4. An Iranian delegation arrived in Oman for nuclear negotiations with a US delegation.
Industry News 1. Chinese authorities issued a development plan for the traditional Chinese medicine industry, targeting the formation of a collaborative development system across the industrial chain by 2030 and promoting the approval of innovative TCM drugs. 2. Eleven departments jointly released guidelines to enhance digital services for international visitors, aiming for significant improvements in convenience and efficiency by 2027. 3. Semiconductor manufacturer Infineon announced price increases effective April 1, 2026, citing tight supply for power switches and related chips, alongside rising material and infrastructure costs. 4. Chinese stock exchanges will be closed for the Spring Festival holiday from February 15 to February 23, 2026, resuming normal operations on February 24. 5. A Chinese company unveiled the world's first 5-ton-class eVTOL aircraft, which completed its first public flight. 6. BASF raised TDI product prices in Asia Pacific (excluding mainland China) by 11%, amid a supply gap in overseas markets. China's TDI industry is experiencing benefits from capacity expansion and export growth. 7. Major global PC manufacturers are reportedly considering sourcing memory chips from Chinese suppliers due to tight supply in the storage chip market.
Company News 1. GCL System Integration announced it has not yet received any orders related to space-based photovoltaics. 2. Eoptolink Technology expects revenue from its 1.6T optical module products to increase further in 2026. 3. Meituan announced plans to acquire DingDong for $717 million. 4. Tianjin Motor Dies is planning to acquire equity in Dongshi Co., Ltd., with its shares suspended from trading. 5. The actual controller of Breo is under investigation by regulators for alleged market manipulation. 6. Gotion High-tech plans a private placement to raise up to 5 billion yuan for a power battery production project. 7. Shares of *ST Lifang surged over 300% before being suspended for verification. 8. Kailong High-tech's new robotics products are still in the market development phase. 9. NIO reported its first quarterly adjusted operating profit for Q4 2025. 10. Muyuan Foods reported a year-on-year decrease in sales revenue for commercial pigs in January 2026. 11. Runze Technology is planning to issue convertible bonds to acquire minority equity in another company, with shares suspended. 12. Trina Solar clarified it has no cooperation with SpaceX or any revenue from space-based photovoltaic orders.
Global Markets Major US stock indices closed lower. The Nasdaq Golden Dragon China Index rose 0.9%. Crude oil prices declined. CME Group increased initial margin requirements for gold and silver futures. Precious metals fell sharply, with silver dropping significantly. Bitcoin fell below $65,000. Anthropic released a new AI model for financial research, leading to declines in financial services stocks. Amazon reported Q4 sales growth but announced higher-than-expected capital expenditure plans for 2026, causing a drop in its share price.
Investment Opportunities 1. Policies supporting the Spring Festival consumption season are expected to boost retail, tourism, and related sectors. 2. Gallium arsenide batteries remain the mainstream choice for commercial aerospace applications, according to industry analysis.
Trading Halts and Resumptions No trading halts or resumptions were announced.
Corporate Announcements Key announcements included financial results, shareholding changes, project contracts, and investment plans from various listed companies.