Category: Flash News

On February 21st, in response to the US Embassy in Panama’s statement that it will discuss with Pakistani officials the so-called “avoidance of Chinese influence and control over the canal zone”, Panamanian President Mulino stated at a press conference on the 20th that the US statement of “China controlling the canal” is false information, and the Pakistani side denies such information. Mulino said, ‘We don’t discuss (these) lies.’. Mulino also stated that he has instructed the Pakistani Foreign Minister to reiterate relevant positions when discussing this topic with the US. (CCTV News)

On February 21st, after the Spring Festival holiday, the A-share market continued to fluctuate and rebound. While the profitability of the technology sector remains high, the overall activity of individual stocks is also increasing. In this context, based on comprehensive information from channel institutions and the quantitative private equity industry, the performance of the private equity quantitative index strategy is impressive. Despite the significant structural strength of the market, most mainstream quantitative private equity firms have outperformed their performance benchmarks, demonstrating good market adaptability. Industry insiders indicate that with the increase in market beta since the beginning of the year and the strengthening of overall excess returns from quantitative index growth strategies, the overall asset management scale of the quantitative private equity industry has grown. Considering the overall market trend this year and the increasing recognition of quantitative strategies by investors, the quantitative track is expected to see significant growth in industry scale. (China Securities Journal)

On February 21st, Reserve Bank of Australia Chairman Brock expressed satisfaction with the progress made in inflation so far, but the work is clearly not yet completed. Good progress has been made in inflation, but the board needs to be confident that inflation can continue to return to the target range; The process of inflation decline faces risks and may come to a halt. The central bank’s forecast shows that if monetary policy is relaxed too quickly or significantly, the decline in inflation may stagnate and the inflation level will remain above the midpoint of the target range. Therefore, the board of directors remains cautious about the prospect of further policy easing; No specific action has been taken on interest rates as a pre commitment.

On February 21st, it was reported that since 2025, Hong Kong listed companies have had frequent repurchase activities. According to Wind’s statistics, as of February 20th, 130 Hong Kong listed companies have implemented buybacks since 2025, with a total amount exceeding HKD 30 billion. On the whole, companies that actively implement repurchase are mainly concentrated in the financial blue chip and Internet technology sectors. From the trend of stock prices, most of the stocks with the highest repurchase amounts have performed well. Institutional insiders say that the popularity of Hong Kong stock repurchases has not decreased, which to some extent conveys the optimistic sentiment of the Hong Kong stock market. (China Securities Journal)

On February 21st, Brazilian President Lula stated in an interview that if US President Trump imposes tariffs on Brazil, it will trigger Brazil’s reciprocal policy towards the United States, which could lead to an increase in global inflation rates. Lula said that although the United States is an important trading partner of Brazil, Brazil does not rely on the United States. The trade and diplomatic relations between the two countries are very balanced, and he hopes that Trump will stop his current protectionist policies.

On February 21st, following institutions such as Goldman Sachs and Bank of America, Morgan Stanley has recently joined the ranks of bullish investors in the Chinese stock market. Morgan Stanley’s strategy team recently said in a report that China’s stock market will usher in a more sustainable rise driven by the development of artificial intelligence in China. Morgan Stanley’s shift is not an isolated case. With the breakthrough of China’s AI application sweeping the world, many investment banks on Wall Street have recently taken a more positive view of China’s stock market. And in this round of price increases, many institutions mentioned that long-term foreign investment is changing its mentality and returning to Chinese assets. (Shanghai Stock News)

On February 21st, a timely rain of debt policy is injecting vitality into the environmental protection industry, which is deeply mired in repayment difficulties. Recently, several listed environmental protection companies have successively announced good results in payment collection, with payment amounts ranging from hundreds of millions to billions of yuan, and some companies have broken monthly payment records. In recent years, the environmental protection industry has been one of the industries with a relatively serious situation of accounts receivable arrears. Due to many projects being carried out in PPP mode, coupled with the increasing financial burden on local governments, the problem of difficult accounts receivable collection for enterprises has become increasingly severe. On the one hand, it significantly increases the risk of bad debts for enterprises, and on the other hand, it also endangers the health of their cash flow. Reporters have found that behind this wave of cash flow recovery, there is a direct focus on the implementation effect of the Ministry of Finance’s new policy of converting 12 trillion yuan into debt – the improvement of local government payment capacity, and the accelerated return of long-term arrears of environmental protection project accounts. (Securities Times)

On February 21st, with the popularity of the domestic big model DeepSeek, many companies from various industries have announced the deployment of DeepSeek in recent times, leading to a surge in computing power demand on the application side. Industry insiders analyze that DeepSeek has shifted the demand for computing power from “training led” to “inference led” by lowering the threshold for AI applications. Faced with the new industry changes, the intelligent computing center needs to accelerate its transformation from a simple computing power provider to a professional service provider, providing professional services covering the entire lifecycle of computing power and improving the efficiency of computing resource utilization. (Securities Times)

On February 21st, Mike Johnson, the Republican Speaker of the U.S. House of Representatives, stated on February 20th that he has no intention of introducing another funding bill for Ukraine. Johnson said, ‘We must end this conflict. I can tell you that our European allies also understand this necessity.’.

On February 21st, according to a ruling released on the 20th local time, Brazilian Supreme Court Justice Alexandre de Molais ordered the US social media platform X to pay a fine of 8.1 million Brazilian reals (approximately 1.42 million US dollars) for not complying with the judicial order. The legal representative of X platform in Brazil refused to comment.