Category: Flash News

On March 1st, according to the New York Post, a FedEx plane caught fire shortly after takeoff from Newark Airport in New Jersey, USA, forcing it to make an emergency landing. According to flight data, the plane landed at 8:07 am just nine minutes after takeoff. It is reported that when the Boeing 767-3S2F aircraft landed, flames were ejected from the right engine. The Port Authority of New York and New Jersey stated that the sudden fire was caused by bird strikes. (CCTV News)

On March 1st, Kassem Tefari, Chairman of the China Arab Cooperation and Development Association in Lebanon, recently stated in Dubai, United Arab Emirates that the China International Supply Chain Promotion Expo contributes to promoting global supply chain stability and helps alleviate disruptions to the global supply chain.

On March 1st, according to ABC local time, a federal judge in the United States issued a preliminary injunction to prevent the Trump administration from executing two executive orders related to transgender healthcare in some states, ruling that the government order “tampered with the law” and “evaded the principle of separation of powers”. The preliminary ban prevented the execution of an administrative order related to healthcare for transgender adolescents, as well as another administrative order regarding federal funding for institutions providing transgender services. (CCTV News)

On March 1st, according to the Philippine Institute of Volcanology and Seismology, a 5.3-magnitude earthquake occurred in the eastern waters of Davao Province in the southern Philippines at around 21:59, with a depth of 10 kilometers and tremors felt in many nearby areas. The earthquake is not expected to cause any damage, but there will be aftershocks.

On March 1st, the press conference for the third session of the 14th National Committee of the Chinese People’s Political Consultative Conference is scheduled to be held on March 3rd (Monday) at 3:00 pm in the press conference hall on the first floor of the Great Hall of the People. The spokesperson for the conference, Liu Jieyi, will introduce the relevant situation of the conference to Chinese and foreign media and answer questions from reporters.

On March 1, Russian Foreign Minister Lavrov talked with Turkish Foreign Minister Ferdinand on the afternoon of March 1 local time, informing him that the infrastructure related to the “Türkiye Creek” natural gas pipeline was attacked by Ukrainian forces, and promised to take action. On March 1st, the Russian Ministry of Defense announced that in the early hours of February 28th local time, during Ukrainian President Zelensky’s visit to Washington, Ukraine launched an attack using three fixed wing drones on the infrastructure of the “Russian” compressor pumping station located in the village of Gaikosor in the Krasnodar Krai to cut off natural gas supplies to European countries. This compression pump station provides gas for the “Türkiye Creek” natural gas pipeline. The announcement stated that three Ukrainian drones were shot down by Russian air defense forces at a safe distance from the compression pumping station. At present, the compression pump station continues to deliver natural gas to the “Türkiye Creek” pipeline according to the normal mode. Ukraine has not yet responded to this. (CCTV News)

On March 1st, production data from China Petroleum Tuha Oilfield Gas Storage Company showed that from January 1st to February 15th this year, the annual gas production of the Wenjisang Gas Storage Complex in Tuha Oilfield successfully exceeded 100 million cubic meters, 33 days earlier than the previous year. The Wenjisang gas storage group is the first gas storage group in northwest China. During this period (December 2, 2024- February 28, 2025), the cumulative gas production of Wenjisang gas storage reached 199 million cubic meters, with a total cumulative gas production exceeding 272 million cubic meters.

On March 1, Russian Foreign Ministry spokeswoman Zaharova pointed out on March 1 local time that the root causes of the Russia-Ukraine conflict were three: the West violated NATO’s commitment not to expand eastward, NATO annexed the entire European geopolitical space and pushed it to the Russian border, and Ukraine deliberately eliminated Russian language, culture and beliefs. Zhaharova commented that “Zelensky’s visit to the United States was a complete failure in politics and diplomacy”. Only by thoroughly eliminating the root causes of the Russia-Ukraine conflict can a just and lasting peace be achieved. Zakharova also stated that Russia’s goals have not changed, still being the demilitarization and “de Nazification” of Ukraine, as well as acknowledging the reality on the ground. The sooner Ukraine and several European countries realize this, the closer the Russia-Ukraine conflict will be to a peaceful settlement. On February 28th local time, US President Trump held talks with visiting Ukrainian President Zelensky at the White House. During the meeting, there was a heated argument between the two sides in front of the media, and Zelensky left the White House early. The originally planned joint press conference has been cancelled, and the US Ukraine mineral agreement has not been signed. (CCTV News)

On March 1st, CICC Strategy pointed out that in terms of interconnectivity, the daily average transaction volume of northbound funds increased compared to last week, while southbound funds accelerated their inflow, with weekly inflow reaching a new high since January 2021. This week, southbound capital inflows amounted to HKD 74.97 billion, with an average daily inflow of HKD 14.99 billion, a significant increase from the previous week’s average inflow of HKD 10.242 billion. At the individual stock level, there has been a significant influx of southbound funds into Alibaba and China Mobile this week, but at the same time, there has been an outflow of funds from Meituan and China National Offshore Oil Corporation. At the industry level, this week, Southbound increased its holdings in consumer and mainland banks the most, while reducing its holdings in energy and raw materials.

On March 1st, BYD Auto announced that it sold 322846 vehicles in February, a year-on-year increase of 164%; Among them, 67025 passenger cars were sold overseas, and 304673 were sold by BYD Auto Wangchao and Haiyang; Equation Leopard sold 4942 vehicles; Tengshi Automobile sold 8513 units; Looking up at the sales of 105 cars.