- On February 22, the official WeChat account of the Shanghai Shipping Exchange released a weekly report on China's foreign trade import oil tanker transportation market, showing that the freight rate of VLCC oil tankers in the global crude oil transportation market has rebounded significantly.
- It was learned from CNOOC Tianjin Branch that China's first large-scale ultra-heavy oil thermal recovery and development oilfield - Lvda 5-2 North Oilfield Phase II Development Project was put into operation on the 21st. Lvda 5-2 North Oilfield Phase II Development Project is located in the central part of the Bohai Sea
- According to the latest statistics from Trend Force, global sales of battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and hydrogen fuel cell vehicles reached 16.29 million units in 2024, an increase of 25% year-on-year, of which the Chinese market accounted for 67%. Global NEV sales are expected to increase by 18% annually in 2025.
- JPMorgan Chase & Co. upgraded Singapore equities to "overweight", citing government support for the market, high dividend yields and fiscal room to cushion the impact of an external slowdown. Analysts at the bank said we believe that Singapore's support for households and businesses should keep economic activity strong, while investment in innovation and a boost to the stock market will bring new growth opportunities.
- According to the data summarized by the reporter from the channel, the total balance of the existing products of 14 major wealth management companies at the end of January increased by about 76 billion yuan compared with the end of last year, with a total scale of 22.5 trillion yuan, accounting for more than eighty percent of the share of wealth management companies. According to the above increase
- Accelerating the development of the Northern Metropolis is key to Hong Kong's grasp of the opportunities of technological transformation. Hong Kong needs to accelerate the development of the Northern Metropolis to attract technology companies to Hong Kong and scale up their R&D or high-end manufacturing operations in Hong Kong. In the next few years
- Recently, at the COSCO Shipping Heavy Industry Terminal in Shanghai, the world's first offshore floating production and storage vessel equipped with carbon capture and storage equipment was completed and is scheduled to be delivered by the end of this month.
- China Coal Energy announced that the sales volume of commercial coal in January 2025 was 21.63 million tons, a year-on-year decrease of 9.2%. Commercial coal production in January 2025 was 11.48 million tons, down 0.0% year-on-year. The sales volume of polyethylene was 48,000 tons
- Air Force Senior Colonel Tian Junli, spokesman for the Southern Theater, said that on February 12, the Southern Theater of the Chinese People's Liberation Army conducted a routine patrol in the waters of the South China Sea. Recently
- DeepSeek has made key innovations in the underlying architecture, training framework, model inference, etc., and has achieved a match with the world's leading AI models, which has important reference significance for the development of intelligent driving. In terms of data generation, data augmentation and synthesis can be used to deal with extreme scenarios.
- The Ministry of Commerce, together with the State Administration for Market Regulation, jointly launched the second batch of national-level service industry standardization pilots, and on the basis of voluntary declaration by cities and enterprises and local merit-based recommendations
- Dong Lijuan, chief statistician of the Urban Department of the National Bureau of Statistics, said that in January, affected by the Spring Festival, the national CPI growth expanded, from stable operation last month to an increase of 0.7%, and the year-on-year increase expanded from 0.1% last month to 0.5%. Core CPI
- The spokesperson of the Ministry of Foreign Affairs announced that Zhang Guoqing, Special Representative of President Xi Jinping, Member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, will be invited to France to attend the AI Action Summit from February 9 to 12.
- Francesco Martoccia, a strategist at Citigroup Energy, said in a research note that it is increasingly likely that Brent crude oil prices will remain at $60-65 per barrel through the second half of the year.
- The U.S. is preparing to impose tariffs of 10% on oil and refined products imports from Canada, which may disrupt the U.S. refining and fuel oil markets, which are accustomed to importing about 4 million barrels of crude oil per day from Canada.