- JPMorgan Chase & Co. upgraded Singapore equities to "overweight", citing government support for the market, high dividend yields and fiscal room to cushion the impact of an external slowdown. Analysts at the bank said we believe that Singapore's support for households and businesses should keep economic activity strong, while investment in innovation and a boost to the stock market will bring new growth opportunities.
- According to the data summarized by the reporter from the channel, the total balance of the existing products of 14 major wealth management companies at the end of January increased by about 76 billion yuan compared with the end of last year, with a total scale of 22.5 trillion yuan, accounting for more than eighty percent of the share of wealth management companies. According to the above increase
- Accelerating the development of the Northern Metropolis is key to Hong Kong's grasp of the opportunities of technological transformation. Hong Kong needs to accelerate the development of the Northern Metropolis to attract technology companies to Hong Kong and scale up their R&D or high-end manufacturing operations in Hong Kong. In the next few years
- Recently, at the COSCO Shipping Heavy Industry Terminal in Shanghai, the world's first offshore floating production and storage vessel equipped with carbon capture and storage equipment was completed and is scheduled to be delivered by the end of this month.
- China Coal Energy announced that the sales volume of commercial coal in January 2025 was 21.63 million tons, a year-on-year decrease of 9.2%. Commercial coal production in January 2025 was 11.48 million tons, down 0.0% year-on-year. The sales volume of polyethylene was 48,000 tons
- Air Force Senior Colonel Tian Junli, spokesman for the Southern Theater, said that on February 12, the Southern Theater of the Chinese People's Liberation Army conducted a routine patrol in the waters of the South China Sea. Recently
- DeepSeek has made key innovations in the underlying architecture, training framework, model inference, etc., and has achieved a match with the world's leading AI models, which has important reference significance for the development of intelligent driving. In terms of data generation, data augmentation and synthesis can be used to deal with extreme scenarios.
- The Ministry of Commerce, together with the State Administration for Market Regulation, jointly launched the second batch of national-level service industry standardization pilots, and on the basis of voluntary declaration by cities and enterprises and local merit-based recommendations
- Francesco Martoccia, a strategist at Citigroup Energy, said in a research note that it is increasingly likely that Brent crude oil prices will remain at $60-65 per barrel through the second half of the year.
- The U.S. is preparing to impose tariffs of 10% on oil and refined products imports from Canada, which may disrupt the U.S. refining and fuel oil markets, which are accustomed to importing about 4 million barrels of crude oil per day from Canada.
- The Central Committee of the Communist Party of China and the State Council issued the "Rural Comprehensive Revitalization Plan (2024-2027)", which mentions that the second round of land contracts will be extended for another 30 years after the expiration of the pilot project in an orderly manner, deepen the reform of the separation of ownership, contracting rights and management rights of contracted land
- Li Qiang, Member of the Standing Committee of the Political Bureau of the CPC Central Committee and Premier of the State Council, presided over a symposium of experts, entrepreneurs and representatives of education, science, culture, health and sports on the afternoon of January 20 to listen to the opinions and suggestions on the "Government Work Report (Draft for Comments)".
- According to the website of the State Administration of Taxation on January 16, from January 15th to 16th, the National Tax Work Conference was held in Beijing. The meeting proposed that we should strictly adhere to the organization of tax revenues in accordance with laws and regulations
- For some time, the Biden administration has used the remaining term to intensively introduce China-related trade restrictions, escalating export controls on semiconductors to China on the grounds of so-called national security, restricting the use of China's connected car software and hardware and vehicles in the United States
- From January 11th to 12th, the National Business Work Conference was held in Beijing. The meeting pointed out that 2025 is the final year of the "14th Five-Year Plan", and it is of great significance to do a good job in business work.