Category: Flash News

On February 15th, according to data from the China Association of Automobile Manufacturers, 37000 pickup trucks were produced nationwide in January 2025, a year-on-year decrease of 8.3% from January 2024 and a month on month decrease of 13.6% from December last year; In January, the pickup truck market sold 37000 units, a year-on-year decrease of 18.0% from January 2024 and a month on month decrease of 20.2% from December last year, which is at the median level of nearly 5 years. The overall performance of pickup trucks in January was stable. Great Wall Motors continues to maintain a strong leading position in pickup trucks, with good performance both domestically and internationally. In the domestic pickup truck market, companies such as Great Wall Motors, Jiangling Motors, Zhengzhou Nissan, and Jiangxi Isuzu continue to show bullish performance, and the pattern of “pickup trucks surpassing the top three” continues to be maintained.

On February 15th, a source familiar with the matter revealed that TSMC is considering whether to acquire a controlling stake in Intel’s factory at the request of Trump administration officials. Insiders say that Trump’s team recently proposed the idea of reaching an agreement between the two companies during a meeting with TSMC officials, and TSMC is also willing to accept it. It is currently unknown whether Intel has an open attitude towards the transaction. The relevant discussions are still in a very early stage, and the exact structure of potential cooperative relationships has not yet been determined. (One Finance)

On February 15th, according to the 13F filing of SoftBank Group, the company significantly increased its holdings of Man Bang ADR in the fourth quarter. SoftBank bought 3.11 million shares of Manbang in the current quarter, expanding its position by 280% to 4.22 million shares. Another Chinese concept stock invested by SoftBank, Dingdong Maicai, maintains a position of 1.05 million shares.

On February 15th, after the Spring Festival holiday, the wave of A-share repurchase and increase in holdings continues. According to Choice data, from February 5th to February 12th, more than 50 A-share companies disclosed announcements related to increasing their holdings, which involved important shareholders such as controlling shareholders launching new plans to increase their holdings and progress in increasing their holdings. Among them, important shareholders of 10 companies including Sitong Corporation, Fangsheng Pharmaceutical, and Yagor plan to increase their holdings; The increase in holdings by shareholders such as Tongfeng Electronics and Lijiang Shares involves the increase in holdings of loans. Since 2025, more than a hundred A-share companies have issued announcements related to the increase of important shareholders’ holdings. The reporter found through sorting out relevant cases that the significant characteristics of the recent surge in A-share holdings are strong momentum, fast implementation, and wide participation. From the perspective of increasing holdings, controlling shareholders of companies such as Yagor, Tianyuan Shares, and Tongfeng Electronics plan to increase their holdings by over 100 million yuan; From the perspective of implementation pace, controlling shareholders of companies such as China Construction Engineering Corporation and Longjing Environmental Protection have rapidly advanced their plans to increase their holdings, while companies such as Jitai Co., Ltd. and Yunnan Baiyao have announced the completion of their shareholder increase plans. In addition to the controlling shareholder, shareholders and directors of multiple companies holding more than 5% of the shares have collectively increased their holdings, conveying confidence in the company’s future development prospects with real money and injecting more positive signals into the capital market. (Shanghai Stock News)

On February 15th, as the third largest tax type in China, the reform of consumption tax may make a breakthrough this year. As of February 13th, seven provinces including Tianjin, Hunan, Guizhou, and Shaanxi have recently stated that they will undertake the tax reform tasks deployed by the state, implement the relocation of the consumption tax collection process for some items, and implement local reforms. Due to factors such as tax collection capacity, the progress of consumption tax reform represented by “tobacco, alcohol, oil vehicles” has been slow. Recently, the State Council issued the “Opinions on Promoting the High Quality Development of Finished Oil Circulation”, proposing to improve the cross departmental supervision mechanism of finished oil circulation and strengthen the supervision of key areas of finished oil circulation. The interviewed experts generally believe that this provides a institutional basis and policy environment for the post tax collection of refined oil consumption tax, which means that the reform process may accelerate. Regarding whether the reform will trigger an increase in oil prices, the interviewed experts judged that although there is a possibility of tax burden shifting to drive up oil prices after the implementation of tax collection and management, factors such as market competition and changes in consumer demand will also have a restraining effect on prices. (Securities Times)

On February 15th, it was reported that in the first quarter of 2025, the company plans to create and launch three high-end models of AI glasses through deep customization. On February 14th, Zhou Wu, Deputy General Manager of China Mobile’s Market Operations Department, told reporters that in the future, China Mobile plans to work with multiple industry-leading technology companies to launch more than ten AI glasses products covering four major series: shooting display version, shooting version, display version, and audio version throughout 2025. It is also reported that the AI glasses product developed by China Telecom is expected to be officially launched in the first half of this year; The eSIM AI sports glasses jointly developed by China Unicom and its partners were officially launched for sale in the second half of last year. (Securities Daily)

On February 15th, as we enter 2025, the research activities of securities firms continue to heat up, demonstrating their in-depth insights and forward-looking layout of the capital market. Data shows that as of February 14th, securities firms have conducted research on over 610 listed companies during the year, with a total of nearly 4000 surveys conducted. Overall, securities firms conduct intensive research on industries such as industrial machinery and electronic components, with a focus on the performance, business prospects, and strategic planning of listed companies. Specifically, since the beginning of this year, the listed company that has received the most research from securities firms is Crystal Optoelectronics, with a total of 68 securities firms surveyed; Next is Lanqi Technology, which has received research from a total of 57 securities firms; Steady Medical and Huaqin Technology respectively accepted surveys from 56 and 52 securities firms; Xinzhoubang, Baiya Shares, and Xingsen Technology have all received over 40 surveys from securities firms. (Securities Daily)

On February 15th, an article on the front page of Securities Daily stated that as we enter 2025, listed pharmaceutical companies such as Oppenheim and Bide Pharmaceuticals have successively released merger and acquisition plans, signaling a continuous increase in market activity. Looking ahead, the four major factors will jointly support the continued rise of mergers and acquisitions in China’s pharmaceutical industry. Firstly, the trend of large-scale and intensive development in the pharmaceutical industry is further highlighted. Secondly, pharmaceutical companies seek sustainable development, and mergers and acquisitions are important means to achieve this goal. Once again, the optimization of policy environment has provided strong support for mergers and acquisitions in the pharmaceutical industry. Finally, the current valuation of the pharmaceutical industry’s secondary market has dropped to historically low levels, which is conducive to industry mergers and acquisitions. In general, a lower valuation means that the target company’s price is relatively reasonable and the cost of mergers and acquisitions is relatively low, which enhances the attractiveness and feasibility of mergers and acquisitions. With the joint efforts of multiple parties, the activity of mergers and acquisitions in the pharmaceutical industry will continue to increase, which is not only conducive to enhancing the overall competitiveness and sustainable development ability of the pharmaceutical industry, but also helps to promote the high-quality development of the capital market.

On February 15th, a US judge extended the temporary ban on Musk’s government efficiency department’s access to the Treasury Department’s payment system. On the early morning of February 8th local time, a federal judge in the United States temporarily blocked the government efficiency department led by Musk from accessing the government system used by the US Treasury to process trillions of dollars in payments, citing the risk of sensitive and confidential information being improperly leaked. The order was issued by Manhattan District Judge Engel, after a coalition of 19 US states (mostly led by Democrats) filed a lawsuit claiming that Musk’s government efficiency department had no access to the US Treasury Department’s system.