Edited by: Hu Ling, Wang Xiaobo
no.1 Market News
The three major U.S. stock indexes collectively closed down, with the Dow Jones Industrial Average falling 0.37%, the Nasdaq Composite Index falling 0.82%, and the S&P 500 Index falling 0.48%. This week, the Dow fell 0.11%, the Nasdaq fell 1.34%, and the S&P 500 fell 0.42%. AI concept stocks fell sharply, Super Micro Computer closed down 20%, ending the previous nine consecutive trading days of gains. Most Chinese concept stocks closed higher. The Nasdaq China Golden Dragon Index rose 0.56%. Xpeng Motors and Li Auto rose more than 3%. JD.com and Bilibili rose more than 2%. NIO rose nearly 1%. TAL It fell more than 3%, and New Oriental and Gaotu fell more than 1%.
International oil prices rose collectively. The U.S. oil April contract rose 0.84% to US$78.24/barrel, a weekly increase of 1.82%; the Brent oil April contract rose 0.52% to US$83.29/barrel, a weekly increase of 1.34%.
European stocks closed higher across the board, with Germany's DAX index up 0.42%, France's CAC40 index up 0.32%, and Britain's FTSE 100 index up 1.5%.
The U.S. ppi annual rate in January was 0.9%, expected to be 0.6%, and the previous value was 1%. The monthly ppi rate in the United States in January recorded 0.3%, which was expected to be 0.1%, and the previous value was -0.1%, a new high since August last year.
On February 16, Hong Kong stocks surged across the board again. As of the close, Hong Kong's Hang Seng Index closed up 2.48%, with a cumulative gain of 3.77% this week. , the Hang Seng Technology Index rose 3.71%, with a cumulative gain of 6.89% this week. Chinese real estate stocks, automobile stocks, and technology stocks rose one after another. Wuling Motors rose by more than 20%, Kingsoft Software rose by more than 7%, and Li Auto and Xiaomi Group rose by more than 5%.
html On February 16, the Nikkei 225 Index continued to rise after opening higher, once rising by more than 1.7%. As of the close, the Nikkei 225 index closed up 0.9% at 38,487.24 points, continuing to hit a new closing high since 1990 and only 1.2% away from its historical high of 38,957.44 points.no.2 Wang Yi met with Blinken in Munich
On February 16, local time, the 60th Munich Security Conference was held in Munich, Germany. Chinese Foreign Minister Wang Yi attended this meeting and met with US Secretary of State Blinken. (cgtn Reporter Group)
no.3 The total box office in 2024 exceeded 10 billion, and the box office in the 2024 Spring Festival exceeded 7.6 billion
According to data from the Lighthouse Professional Edition, as of 13:15 on February 16, ’s total box office in 2024 (including pre-sales) exceeded 10 billion yuan. Among them, the total box office of during the Spring Festival period (including pre-sales) exceeded 7.6 billion yuan. "It's Hot", "Flying Life 2" and "Bear Infested: Reverse Time and Space" are currently among the top three box office releases.
The movie "Mr. Red Carpet" has withdrawn from the Spring Festival schedule
html Late at night on February 16, 's "Mr. Red Carpet", currently in theaters, issued a statement through the producer @happypremiere, announcing that it would withdraw from the Spring Festival schedule and reschedule to meet the audience. The film was directed by Ning Hao and starred by Andy Lau. Its cumulative box office exceeded 80 million yuan in the 7 days it was released.no.4 Provincial and ministerial-level cadres in many places have served as directors of local financial committees
Provincial and ministerial-level cadres in many places have served as directors of local financial committees. Recently, Wang Kai, governor of Henan Province and director of the Finance Committee of the Provincial Committee, chaired the first meeting of the Finance Committee of the Provincial Committee. This means that Henan Province Governor Wang Kai has been appointed director of the Provincial Committee's Finance Committee. In addition, there are Chen Shaobo, member of the Standing Committee of the Heilongjiang Provincial Committee and executive deputy governor, who concurrently serves as director of the Provincial Committee’s Finance Office and secretary of the Provincial Committee’s Financial Working Committee; Liu Guiping, member of the Standing Committee of the Tianjin Municipal Committee and executive deputy mayor, concurrently serves as director of the Municipal Committee’s Finance Office and Municipal Committee’s Financial Working Committee Secretary; Wu Wei, Member of the Standing Committee of the Shanxi Provincial Committee and Executive Vice Governor, concurrently serves as Director of the Finance Office of the Provincial Committee and Secretary of the Provincial Finance Working Committee; Cai Lixin, Member of the Standing Committee of the Party Committee of Guangxi Zhuang Autonomous Region and Executive Vice Chairman of the Autonomous Region, concurrently serves as Director of the Finance Office of the Autonomous Region Party Committee and Finance Committee of the Autonomous Region Party Committee Secretary of the working committee. (Brokerage China)
no.5 The fares for outbound islands in Hainan have begun to loosen
The Spring Festival holiday is coming to an end, and the price of return air tickets from Sanya, Haikou and other places to outlying islands has been soaring, attracting widespread attention. On February 16, multiple platforms showed that ticket prices had dropped compared to before. From the 16th to the 18th, the economy class flights from Sanya and Haikou to Hangzhou have been basically sold out, and the transfer ticket price has dropped to less than 10,000 yuan.. There are no direct flights back to Hangzhou from Sanya on the 17th and 18th. On the 19th, there are only a few flights from Sanya to Hangzhou. Economy class fares have dropped to as low as less than 3,000 yuan
. From February 19 to 21, business class fares from Haikou to Hangzhou are more than 6,000 yuan, and those from Sanya to Hangzhou are more than 10,000 yuan.According to The Paper, "On the 14th, 15th, and 16th, Air China's transportation capacity on the outlying islands of Hainan has been replaced by wide-body aircraft. In the following days, if it does not involve aircraft failure maintenance, it will try to fly with wide-body aircraft."no.6 Rent Guests were asked to wipe the toilet when checking out? Danzhou, Hainan reported
According to news from CCTV on February 16, on February 15, a netizen posted a video on a social platform saying, "I rented a B&B on Haihua Island in Hainan for the Chinese New Year and spent 20,000 to stay for 10 days. When I checked out, Being asked to wipe the toilet” has attracted widespread attention. On February 16, the Housing and Urban-Rural Development Bureau of Danzhou City, Hainan Province issued a situation report, saying that it had coordinated with the intermediary company to refund the deposit, and that the intermediary company itself was responsible for sanitation.. After investigation, the renter Wang signed a rental contract with an agency on February 2 and rented a villa on Haihua Island for 30 days with a rent of 20,000 yuan and a deposit of 5,000 yuan. Both parties agreed in the contract that the tenant must clean the house before checking out, and the rent will not be refunded if he checks out early. Wang applied for early check-out on February 15, and the two parties had a dispute over the hygiene standards of the house.
no.7 Joker Xue "accused of being photographed secretly"? My response
html On February 15th, Joker Xue posted a review on Weibo for the movie "Flying Life 2". This film review caused controversy due to the accompanying pictures of three scenes from the movie. , the entry "Joker Xue Stolen Photography" quickly appeared on the hot search list . On February 16, Xue Zhiqian posted a limerick in response to the "accused of being photographed secretly", saying, "This heart is so bright, what else can I say?" . CCTV-6 Movie Channel today's film review Weibo released a video report related to "stolen filming" on the 16th. lawyers pointed out that ’s filming of movie features and easter eggs in cinemas is considered illegal . Taking photos is also an infringement regardless of whether it is disseminated or not. Purchasing a movie ticket does not mean you have the right to steal movies. You still need to abide by the bottom line when watching movies.no.8 International News
Former U.S. President Trump was fined over $350 million
On February 16, local time, according to Bloomberg News, a New York state judge ruled on former U.S. President Trump’s civil fraud case that day. Former U.S. President Trump was fined more than $350 million for committing fraud by exaggerating his net worth. Trump was permanently banned from the New York real estate industry and significantly restricted his ability to do business in the state. Additionally, the judge ruled against a five-year industry ban on Trump's two sons, Donald Trump Jr. and Eric Trump.
Russian Foreign Minister: Russia’s goodwill gesture towards the West has reached its limit
On February 16, local time, Russian Foreign Minister Lavrov said at a seminar that the normalization of relations between Russia and the West does not depend on Russia and whether it can be restored The crux of the relationship lies in the West. As Russian President Vladimir Putin said in an interview with American reporter Carlson, Russia’s “goodwill gesture has reached its limit” . Talking about the prospects of Russia-Ukraine negotiations, Lavrov said that on the issue of Russia-Ukraine dialogue, the ball is not on Russia's side. Ukrainian President Zelensky should first revoke the presidential decree prohibiting negotiations between Ukraine and Russia . (CCTV News)
The President of Ecuador issued an executive order to approve the China-Ecuador Free Trade Agreement
On February 15, local time, Ecuadorian President Novoa issued Executive Order No. 166, approving the Ecuador-China Free Trade Agreement . Under the Ecuadorian constitution, international instruments must be signed or ratified by the president. China is Ecuador's second largest trading partner. (CCTV News)
Singapore will implement a 15% minimum effective tax rate for some multinational companies
htmlOn February 16, Singapore’s Deputy Prime Minister and Finance Minister Lawrence Wong announced when releasing the 2024 fiscal year budget statement that starting from 2025, the Singaporean government will Large multinational enterprises with parent companies located in Singapore and global annual turnover of more than 750 million euros implement a minimum effective tax rate of 15% . The statement stated that large multinational companies operating in Singapore must pay domestic top-up tax on their profits earned in Singapore, bringing the effective tax rate to 15%. (CCTV News)The EU's "Digital Services Law" will take effect on all platforms on the 17th.
On the 16th local time, the European Commission issued an announcement saying that the EU's "Digital Services Law" will officially take effect on all online platforms on the 17th. .The bill covers many aspects such as social media review, e-commerce advertising push and combating counterfeit goods, aiming to ensure the safety of users during use. (CCTV News)
no.1 openai releases its first video generation model "sora"
openai: On February 16, openai announced the launch of a new generative artificial intelligence model "sora". It is understood that through text commands, sora can directly output videos up to 60 seconds long, and contain highly detailed backgrounds, complex multi-angle shots, and multiple emotional characters. This means that after text and images, OpenAI has expanded its advanced AI technology to the video field. OpenAI also stated that Sora is the basis for models that can understand and simulate the real world. This ability will be an important milestone in the realization of AGI (General Artificial Intelligence).
comment: The breakthrough of openai's sora model in the field of video generation will help promote the development of artificial intelligence technology and get closer to the realization of agi. This technology has broad application prospects and is expected to have a significant impact in various fields.
Zhou Hongyi: Sora means that AGI implementation may be shortened from 10 years to 1 year
Zhou Hongyi: On February 16, 360 founder Zhou Hongyi posted on Weibo to mention his views on Sora. Zhou Hongyi believed that the birth of Sora meant that Agi (general purpose) Artificial intelligence) implementation may be shortened from ten years to one or two years. Once artificial intelligence is connected to a camera, its understanding of the world will far exceed text learning. A picture is worth a thousand words. This is really not far from AGI.
comment: Zhou Hongyi’s views highlight the importance of image recognition in the development of AI. The new prediction of the future implementation time of AGI has triggered attention and discussion in the industry.
no.2 The six major state-owned banks implement the real estate financing coordination mechanism
The six major state-owned banks: According to the website of the Ministry of Housing and Urban-Rural Development, on January 12, the Ministry of Housing and Urban-Rural Development and the State Administration of Financial Supervision jointly issued the "Notice on Establishing an Urban Real Estate Financing Coordination Mechanism" ; On February 6, the State Administration of Financial Supervision held a special meeting to further deploy and implement work related to the urban real estate financing coordination mechanism. Since the introduction of the coordination mechanism, the six major state-owned banks, including ICBC, Bank of China, China Construction Bank, Agricultural Bank of China, Bank of Communications, and Postal Savings Bank of China, as well as several joint-stock banks, have taken active actions to deploy and implement relevant work. The Postal Savings Bank’s official WeChat account announced on February 15 that the Postal Savings Bank has established a real estate financing coordination mechanism working group to establish a green channel for credit and promote the implementation of projects as soon as possible.
comments: The six major state-owned banks have taken action, indicating the banking industry's attention and importance to the real estate market. This will help promote the healthy development of the real estate industry.
no.3 Logan Group: Withdrawal of liquidation petition
Logan Group (hk03380, stock price HK$0.62, market value HK$3.5 billion): On February 16, Logan Group announced on the Hong Kong Stock Exchange, February 15 (Cayman Islands time) ) and February 16, the Cayman Islands Grand Court and the Hong Kong High Court respectively issued orders to withdraw the Cayman liquidation petition and Hong Kong liquidation petition against Longguang and its two wholly-owned subsidiaries.
comments: Longguang Group successfully withdrew its liquidation petition, indicating that the difficulties faced by the company have been alleviated. This is positive news for the company's shareholders and investors.
no.4 Hang Seng Index Company announced the quarterly review results
Hang Seng Index Company: On February 16, Hang Seng Index Company announced the results of the Hang Seng Index series review in the fourth quarter of 2023. All changes will take effect from March 4. Among them, the constituent stocks of the Hang Seng Index have not changed, and the number of constituent stocks remains at 82; the constituent stocks of the Hang Seng China Enterprises Index have been included in China Unicom, excluding Zhongsheng Holdings, and the number of constituent stocks remains at 50; the Hang Seng Technology Index has included Tongcheng Travel, and GDS has been excluded. The number of constituent stocks remains at 30.
comments: The review results of Hang Seng Index Company show the changes and development trends of China's stock market, and also provide investors with information reference on related stocks. This has a certain impact on market and investor sentiment.
no.5 Fat Donglai reported that employees did not taste the food according to the standards
Fat Donglai: On February 16, Fat Donglai released an explanation on the social platform about "Food City employees made employee meals but did not taste them according to the standards." It was confirmed that the food-testing employee in the video was making fried noodles for the day's employee meal at the hotpot island operation station. After inspection and monitoring and verification with the employee involved, the employee took the noodles out of the noodle bucket and tasted them while making them. Afterwards, he continued to use the chopsticks to stir the noodles in the pot without changing them, and failed to conduct a tasting according to the tasting standards. This behavior is a serious food processing safety accident. Fat Donglai stated that it would terminate the labor contracts of the employees involved, close the hot pot stalls, and no longer sell the hot pot category.
comments: Fat Donglai’s move not only reflects its great emphasis on food safety, but also demonstrates its rigorous management attitude to the public.
no.6 The American self-driving car company issued a recall order
New Way of Travel: Recently, the American self-driving car company "New Way of Travel" issued a recall order, involving more than 400 vehicles. In December last year, two self-driving cars operated by the company in Phoenix, Arizona, collided with the same pickup truck being towed by a tractor-trailer within minutes due to a system issue. No one was injured. After the accident, New Ways to Travel updated its software and announced the recall. "New Ways of Travel" is a subsidiary of "Alphabet". (CCTV News)
Comment: The recall of self-driving cars has a certain impact on industry development and user trust. While autonomous driving technology continues to advance, safety issues also need to be paid attention to and resolved.
Each editor: Hu Ling Wang Xiaobo
Statement: The content and data of the article are for reference only and do not constitute investment advice. Investors operate accordingly at their own risk.
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