Category: Flash News

On March 1st, although the transaction amount of the Beijing Stock Exchange and the Beijing Stock Exchange 50 Index have not yet reached new highs this year, multiple indicators of the Beijing Stock Exchange have already reached new highs. According to the latest data from Wind, the financing balance of the Beijing Stock Exchange reached a new historical high of 4.687 billion yuan on February 27th, with the financing balance accounting for 1.09% of the circulating market value on that day. In terms of individual stocks, once popular companies such as Airong Software, Shuguang Shuchuang, Parallel Technology, and Dingzhi Technology all have financing balances exceeding 100 million yuan. Several experts believe that the record high financing balance indicates that investors are optimistic about the short-term market of the Beijing Stock Exchange. With the inflow of leveraged funds and the increase in trading activity, it will further attract more funds to pay attention to and invest in the Beijing Stock Exchange. In the future, the Beijing Stock Exchange should focus on product innovation, market development, and enterprise cultivation, forming a virtuous cycle of expanding and strengthening the exchange. (Securities Times)

On March 1st, 2024, the export volume of electric tricycles in China reached 650000 units, with a total export value of nearly 5.5 billion US dollars, an increase of about 10%. Since the beginning of this year, many electric tricycle companies have continued to have full overseas orders. Wuxi Customs introduced that there are 299 enterprises exporting electric bicycles and motorcycles in Wuxi, with an export value of nearly 3.3 billion yuan in 2024, an increase of 46.6%. Market expansion is shifting from Europe and America to demand growing regions such as Southeast Asia and Africa, and strengthening overseas localization operations to improve response efficiency.

On March 1, President Erdogan of Türkiye responded to the “historic statement” issued by Abdullah Ojalan, leader of the PKK. Erdogan said that Türkiye “has entered a new stage on the road to freedom from terrorism since yesterday”, and called for seizing the current opportunity to pull down the terrorist wall blocking the “millennium brotherhood”. Erdogan also emphasized that establishing and consolidating an inclusive and accepting social environment where no one feels excluded is the fundamental responsibility of the government towards all citizens.

On March 1st, UN Secretary General Guterres stated on February 28th that a significant reduction in US foreign aid would have serious consequences for the world’s most vulnerable groups and would go against US global interests. He hoped that the US would revoke the relevant decision. Guterres expressed deep concern at a press conference held at the United Nations headquarters in New York on the same day that UN agencies and some non-governmental organizations had received notices from the United States in the past two days that they would significantly reduce funding. This move by the United States will affect a series of key projects, including humanitarian aid, disaster reduction, development, counter-terrorism, and drug trafficking, and have destructive consequences for the world’s most vulnerable groups. Humanitarian aid operations in countries such as Afghanistan, Syria, Ukraine, and South Sudan will be impacted to varying degrees. Guterres stated that the reduction of foreign aid by the United States will harm the health, safety, and prosperity of the world, and that reducing the role and influence of the United States in the global humanitarian cause goes against its interests globally. He hopes that the US side will carefully consider and revoke the relevant decision.

On March 1st, the top Democratic officials of the US Appropriations Committee issued a statement stating that the Republican leadership has abandoned the bipartisan government funding negotiations and thus increased the risk of a government shutdown, which is “very disappointing”. The statement stated that the Republican leadership plans to pass a year-round funding resolution that includes cuts from Musk’s “Government Efficiency Department,” which will give President Trump new discretion to allocate funds according to his own wishes. Democrats hold an opposing stance on this. The senior officials of the Democratic Party expressed their hope that Republicans can return to the negotiating table and jointly pass the complete annual appropriations bill.

On March 1st, Israeli officials stated that the Israeli negotiation team will return to Israel from Cairo on the same day. Previously, all parties had held talks on extending the first phase of the ceasefire agreement and issues related to the Gaza ceasefire. The official stated that the relevant negotiations will continue on March 1st. On the evening of the 27th local time, delegations from Israel and Qatar arrived in Cairo to continue the next phase of ceasefire negotiations in Gaza. On the 28th, Egyptian security sources said that the Israeli delegation hoped to extend the first phase of the Gaza ceasefire agreement for 42 days, but was rejected by Hamas, which stated that it hoped to enter the second phase of the ceasefire agreement.

On March 1st, US President Trump held talks with Ukrainian President Zelensky. Trump said that the United States and Ukraine have reached a “very fair” mineral agreement, which is a major commitment made by the United States. Trump also stated that he told Ukrainian President Zelensky that a ceasefire agreement is about to be reached. He had a good discussion with Russian President Putin on the same day and stated that negotiators have started discussing the details of the future ceasefire agreement between Russia and Ukraine.

On March 1st, the Qinling Station in Antarctica is the first annual scientific research station built in China in the new era, and it has been open for over a year now. The reporter learned from the Ministry of Natural Resources that today (March 1st), China’s first large-scale new energy system built at Qinling Station was officially put into use. The new energy system of the Qinling Station in Antarctica includes hardware facilities such as wind power generation, photovoltaic power generation, energy storage batteries, hydrogen production, hydrogen storage, and hydrogen energy generation. Significant breakthroughs have been made in key technologies of energy equipment and systems.

On March 1st, most European stocks closed higher, with the German DAX30 index closing flat at 22551.43 points; The FTSE 100 index in the UK rose 0.61% to 8809.74 points; The French CAC40 index rose 0.11% to 8111.63 points.

On February 28th, a research report by CITIC Securities pointed out that with the continuous iteration and growth of large model capabilities, the differences between models are narrowing, Meta、 ByteDance, Xiaomi and other giants have begun to vigorously layout end-to-end AI and seize the entrance to AI agents. In 2024, potential end side AI explosive products will emerge, and the cost curve of AI glasses will significantly decline. 2025 is expected to be the year of its explosive growth. Apart from mobile phones PC、 In addition to glasses and headphones, there is a huge potential base of end side AI. Home appliances, robots, smart cars, educational and office equipment, toys, and others all benefit from the trend of end side AI, and AI embedding will bring widespread hardware upgrades. Focus on aspects such as computing power, connectivity, storage, and electricity.