Category: Flash News

On February 27th, CITIC Securities stated that breakthroughs in key technologies centered around artificial intelligence are bringing about a new wave of industrial innovation, and “AI+” has become the most important investment mainline for A-shares. Through a deep comparison and review of two market trends, we believe that artificial intelligence has entered the stage of business validation (similar to early 2013) and is expected to become the long-term mainstay of the market. The future market may shift from hard to soft, spreading from the leading players and focusing on explosive growth in the end and application sectors.

On February 27th, the US Department of Homeland Security announced on February 26th that more than 20000 undocumented immigrants were arrested during Trump’s first month as president. According to an internal memo obtained by Reuters, Trump has recently taken some measures to increase the number of arrests, including directing Immigration and Customs Enforcement agents to pursue and deport thousands of immigrant children who entered the United States without parental accompaniment.

① 16:55 Germany’s February seasonally adjusted unemployment figures; ② 18: Euro Zone Economic Sentiment Index for February; ③ 20: 30. The European Central Bank releases the minutes of its January monetary policy meeting; ④ 21:30 Canadian Q4 current account; ⑤ 21:30 Initial jobless claims in the United States for the week ending February 22; ⑥ 21:30 US Q4 real GDP annualized quarterly rate correction value; ⑦ 21:30 Monthly rate of durable goods orders in January in the United States; ⑧ 22:15 Federal Reserve’s Schmid Speaks on Economic Issues; ⑨ 23:00 Monthly rate of signed home sales index for January in the United States; ⑩ At 23:00, Federal Reserve Governor Barr delivered a speech on “New Activity Regulation” 23:30 US EIA natural gas inventory for the week ending February 21; ⑫ At 00:45 the next day, Federal Reserve Governor Bauman gave a speech on “community banks” At 04:15 the next day, Federal Reserve Governor Huck gave a speech on the economic outlook.

On February 27th, several private banks, including Xishang Bank and Xin’an Bank, recently announced the reduction of their deposit interest rates. At present, it is difficult to find medium and long-term deposit products with interest rates starting with the third letter in the market. Yang Haiping, a researcher at the Shanghai Institute of Finance and Law, told reporters that the main consideration for private banks to lower deposit interest rates this round is to cope with the downward trend of asset side interest rates, reduce deposit interest costs, and gradually adjust the asset liability ratio model. In the next stage, small and medium-sized banks, including private banks, will actively enhance the refinement of deposit interest rate pricing and implement more flexible and professional asset liability allocation strategies. (Securities Daily)

On February 27th, since the beginning of the year, there have been frequent news of star analysts’ transfers, and recently, many securities firms have also been continuously recruiting research talents. Overall, although the reform of public fund fee rates has had a certain impact on the income level of securities research institutes in the short term, it has also given birth to new opportunities. Many securities research institutes have not backed down, but have instead embarked on bold reforms, striving to explore new profit growth points through the transformation and upgrading of business models. The strategic adjustments and business transformations of various securities research institutes have directly led to significant changes in the analyst lineup, and the talent competition for “star” analysts has become increasingly fierce, becoming a focus of market attention. Meanwhile, despite the overall decline in industry research revenue, the number of analysts has grown against the trend, with the total number exceeding 5500 and reaching 5551. (Securities Daily)

On February 27th, the sustained strength of the REITs market has attracted investors’ attention. According to Wind data, as of February 26th, among the listed public REITs products, over 50 have had positive interval returns in the past 60 days, and the return rate of Jiashi Wumart Consumer REIT has exceeded 40%. Industry insiders have stated that factors such as national policy support, high dividend advantages in a low interest rate environment, and the stability of assets themselves are important reasons for the sustained strength of REITs. The investment value of these types of products will be further discovered and recognized by the market. However, due to the relatively small circulation share of REITs products, we need to be vigilant about the risks that may arise from a sharp rise in the secondary market. (China Securities Journal)

On February 27th, with one end connected to the economy and the other to people’s livelihoods, real estate is the focus of attention at the annual Two Sessions. The Central Economic Work Conference held at the end of last year clearly proposed to continue to vigorously promote the real estate market to stop falling and stabilize by 2025, which is also the primary task that the Ministry of Housing and Urban Rural Development will focus on this year. It can be foreseen that “stopping the decline and stabilizing” will become a hot topic in the real estate industry at this year’s Two Sessions. Industry experts interviewed by reporters believe that since the fourth quarter of last year, multiple indicators of the real estate market have shown a trend of stabilizing and stopping the decline. Overall, the current market demand is showing a phased and structural recovery. To further consolidate the phased achievements and achieve the goal of stabilizing this year, we must first continue to optimize and effectively implement the policies and measures that have been introduced. At the same time, we need to reserve and introduce incremental policies as soon as possible. Local governments should form a joint force with the central government to work from both the supply and demand sides. (Securities Times)

On February 27th, US President Trump signed an executive order to launch the “Government Efficiency Department” cost efficiency program. It is reported that the order requires all institutions to immediately review contracts and grants, explain and publicly disclose employee costs, and appoint a liaison officer from the “Government Efficiency Department” to work with the institution’s head.

On February 27th, Sequoia’s fourth quarter revenue was 9.99 billion US dollars, a year-on-year increase of 7.6%, and analysts expected 10.04 billion US dollars. The company expects a revenue of 9.71 billion to 9.76 billion in the first quarter, a year-on-year increase of 6% -7%, and analysts expect 9.91 billion US dollars.

On February 27th, the head of global commodity strategy at JPMorgan Chase stated that Trump will adopt a moderate attitude towards sanctions measures that affect oil supply. He is seeking to lower the prices of commodities and fulfill his promise to address the high cost of living in the United States. As traders and investors gather in London for International Energy Week, Natasha Kaneva stated at an event in London that Trump will prioritize reducing the cost of living as part of his campaign promise. She stated that oil plays a key role indirectly in the broader commodity prices, and thus in the consumer price index basket. All of these will be resolved in some way, “Kaneva said of the sanctions measures affecting Iran, Venezuela, and Russia’s supply.” He has a year and a half to complete his priorities before the midterm elections. He won’t take any risks in this regard. He hopes oil prices reach $50. We believe he will achieve this goal. “JPMorgan’s expectation for the average oil price in 2026 is $61 per barrel, while not ruling out the possibility of falling below that level.