Category: Flash News

On February 6th, Apollo Global Management sought to establish a market that would make it easier for investors to buy and sell high rated private credit assets, further expanding into the field once dominated by large Wall Street institutions. This alternative asset management company is in talks to collaborate with banks, exchanges, and fintech companies to provide real-time information and intraday prices for private credit trading, “said Eric Needleman, head of Apollo Capital Solutions.

On February 6th, five of the seven giants have announced their performance so far, with Amazon scheduled to announce on Thursday and Nvidia expected to announce later this month. The seven giants have boosted the profit growth and stock returns of the S&P 500 index, accounting for about one-third of the benchmark index. Over the past two years, more than half of the increase in the index has come from these companies, but their profit growth is slowing down as expenses increase. From the perspective of forward P/E ratio, the seven giants have an overall premium of 40% over the S&P 500 index, so these concerns pose a threat to their high valuation. This premium level is already narrowing, below the peak of 70% in 2023.

On February 6th, the anti-government armed group “M23 Movement” in the Democratic Republic of Congo seized the mining town of Nyabibwe in South Kivu Province at dawn local time on February 5th. The town is only 100 kilometers away from Bukavu, the capital of South Kivu province.

On February 6th, a senior official from the US Department of Justice stated in a memo that FBI agents who “only followed orders and performed their duties in an ethical manner” during the investigation of the “Capitol Hill riot” case would not face the risk of being fired. This memorandum does not provide any assurance for any agents found to have “corrupt or partisan intentions”.

On February 6th, the US Senate confirmed Scott Turner as the Secretary of Housing and Urban Development (HUD) with a vote of 55 in favor and 44 against on February 5th local time. During Trump’s first presidential term, Turner served as the first executive director of the White House Opportunity and Revitalization Commission.

On February 6th, Ukrainian President Zelensky met with visiting British Foreign Secretary Lamy on February 5th local time. Zelensky posted this news on his official social media platform and stated that the two sides discussed the implementation of the “Centennial Agreement” recently signed between Ukraine and Britain, and held consultations on providing security guarantees for Ukraine and strengthening sanctions on Russia’s oil and defense industries. Zelensky also thanked the UK for providing financial assistance for the development of Ukraine’s defense production.

On February 5th, from January 14th to February 3rd, Shenzhen Railway had a total of 11.75 million passengers, an increase of 8.5% compared to the same period last year. On February 3rd, 329000 passengers arrived at Shenzhen North Station, surpassing the record of 326000 passengers arriving in a single day on October 7th, 2024, and setting a new record for daily passenger flow. The passenger flow at Shenzhen Airport has also remained high, with an average daily passenger flow of over 190000 during the Spring Festival holiday.

On February 5, China Earthquake Networks Center automatically measured that at 07:42 on February 5, an earthquake of about 5.0 magnitude occurred near Kuqa City, Aksu Prefecture, Xinjiang (41.16 degrees north latitude, 83.74 degrees east longitude). The final result is subject to the official quick report.

On February 5th, Ding Shuang, Chief Economist for Greater China and North Asia at Standard Chartered Bank, stated that in terms of specific tool selection, it is expected that China will not use a significant depreciation of the renminbi to offset the impact of tariff increases. The direction of monetary policy has shifted from prudent to moderately loose, and it is expected that the central bank will inject ample liquidity into the market through various tools to support the issuance of government bonds, and at the appropriate time lower policy interest rates to avoid an increase in real interest rates. In addition, further measures will be taken to promote the stabilization of the real estate market. We believe that fully and effectively utilizing policy space will help overcome internal and external challenges and achieve this year’s growth goals. (Securities Times)

On February 5th, Guotai Junan Research Report stated that the launch of DeepSeek-R1 reflects the speed of technological progress under the open source paradigm, as well as the possibility of significant cost reduction in AI training and reasoning. The widespread implementation of AI is expected to accelerate, and can be focused on several key directions: 1) Companies with excellent large model capabilities are expected to gradually start monetizing and transforming existing businesses. 2) Pay attention to education, entertainment applications, and e-commerce scenarios that are expected to be quickly commercialized. 3) AI video generation technology also has huge application prospects, and content production, IP development, and marketing promotion will be better developed. 4) The AI entertainment direction will benefit from the improvement of generative content quality, such as AI games, AI music, AI companionship, etc. 5) Pay attention to the development of AI hardware implementation, such as AI glasses, AI phones, AI PCs, AI speakers, etc.