Category: Flash News

On February 26th, Super Micro Computer surged over 20% in after hours trading as the server manufacturer submitted delayed financial reports to comply with Nasdaq market rules, easing investors’ concerns about the company’s delisting risk. Super Micro Computer submitted its fiscal year 2024 performance report to the US Securities and Exchange Commission on Tuesday. In addition, the company also submitted quarterly financial reports as of September 30th and December 31st. The company’s stock price closed at $45.54 on Tuesday and rose to $56.45 in after hours trading.

On February 26th, due to widespread power outages, the Chilean government declared a “disaster emergency” and “curfew”. On the 25th, a 500 kV transmission system failure occurred in the northern region of Chile, causing a power outage from Arica in the north to Los Lagos in the south. This large-scale power outage has affected over 98% of Chile’s population, with over 19 million people affected. Some flights may also be affected by power outages.

① Pending G20 Finance Ministers and Central Bank Governors Meeting; ② 08:30 Australian January weighted CPI annual rate; ③ 15: 00 German March Gfk Consumer Confidence Index; ④ 17: Swiss ZEW Investor Confidence Index for February 00; ⑤ 23:00 Annual sales of new homes in January in the United States; ⑥ 23:30 US EIA crude oil inventory for the week ending February 21; ⑦ At 01:00 the next day, the Federal Reserve’s Bostic gave a speech on the economic outlook and housing market.

On February 26th, since the beginning of 2025, Hong Kong stocks have risen strongly, and “including Hong Kong volume” has replaced “including US volume” as the key factor in QDII product performance. Many Hong Kong themed funds with names containing “Hong Kong” or “Hang Seng” have entered the top of the QDII product performance rankings, and some products with names containing “Global” have also achieved outstanding performance by heavily investing in Hong Kong stocks. A number of public placers said that the Hong Kong stock market was relatively undervalued in both vertical and horizontal comparisons. In addition to the amazing development momentum of China’s artificial intelligence (AI) industry in the recent past, investors at home and abroad reassessed China’s scientific and technological soft power, attracting further capital repatriation. (China Securities Journal)

On February 26th, DeepSeek joined the internet security market, which has been hoping to break through the 100 billion yuan market capacity ceiling for many years, and is currently surging. More and more practitioners believe that this market, which is slightly less attractive to industry investors, is expected to see an increase of billions of yuan. The cybersecurity market is not a very large pool, with a market size of about 70 billion yuan in 2023 and around 100 billion yuan in 2025. However, a new blue ocean space is faintly emerging. Even super applications like WeChat are connected to DeepSeek, and in the future, all applications are likely to be shuffled by the big model once, “an anonymous expert from the China Academy of Information and Communications Technology told reporters. 2025 will become the first year of China’s big model security. (Securities Times)

On February 26th, the operator of Chile’s national power system released a report stating that at 15:16 local time on the 25th, a 500 kV transmission system failure occurred in the northern region of Chile, causing power supply interruption from Arica in the north to Los Lagos in the south. The Chilean national power system has launched a service recovery plan and will restore electricity as soon as possible. According to the latest news from reporters ahead, this large-scale power outage has affected over 98% of Chile’s population, which means that more than 19 million people have been affected by the power outage. Chile’s national airline stated that some flights may be affected by power outages. (CCTV News)

On February 26th, with the disclosure of the 2024 annual performance forecast, the operating performance of some A-share listed companies last year has become increasingly clear. The reporter noticed that according to the estimated operating performance of relevant companies, regulatory authorities are particularly concerned about the financial delisting indicators, especially the main board loss making companies with expected operating income exceeding 300 million yuan, which are the key targets of attention. This measure by the regulatory authorities will help plug loopholes in financial operations and prevent companies from inflating their income to ‘protect their shell’. “A market insider said in an interview with reporters that the deepening of regulatory inquiries will prompt listed companies to pay more attention to financial transparency and standardization, and promote the healthy development of the A-share market. (Shanghai Securities News)

On February 26th, US President Trump stated that an agreement has been reached with Ukraine on mineral issues. Earlier that day, two sources reported that the United States and Ukraine had reached an agreement on the terms of a mineral agreement. Ukrainian President Zelensky will travel to the United States before the 28th.

On February 26, US President Donald Trump said that he would open up a new path for foreigners who invest at least US $5 million in projects in the country to obtain residency and eventually become naturalized. Trump said that the so-called ‘gold card’ project will be launched in about two weeks. He also stated that he does not believe the administration needs to obtain approval from Congress regarding this matter. We will start selling gold cards, “Trump said on Tuesday as he signed the executive order accompanied by Commerce Secretary Howard Lutnik. We will price this card at around $5 million and it will have the same treatment as a green card, “he said. Lutnik said that this move may replace the existing EB-5 visa, and he belittled the project as “completely groundless”.

On February 26th, a federal judge in the United States blocked Trump from indefinitely suspending the US refugee resettlement program. Previously, US President Trump issued an order to suspend the refugee program, stating that cities and communities have already borne the burden of “record levels of immigration” and are unable to “absorb a large number of immigrants, especially refugees”. The major refugee aid groups in the United States have filed a lawsuit, arguing that Trump’s executive order violates the system established by Congress for transferring refugees to the United States and severely inhibits their ability to provide critical services to refugees. Government lawyers argued that Trump’s order was completely within the scope of his right to refuse entry of foreigners, because foreigners entering the United States “would harm the interests of the United States”.