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Real-time News
February 9th - The Seventh Session of the Seventh Shenzhen Municipal Peoples Congress opened on February 9th, with Mayor Qin Weizhong delivering the government work report on behalf of the municipal government. Qin Weizhong stated that 2026 is the first year of the 15th Five-Year Plan and the year Shenzhen will host the 33rd APEC Economic Leaders Meeting. Taking into account the external environment and Shenzhens realities, the main expected targets for economic and social development this year are: a 5% increase in the citys GDP; a stabilization and recovery in fixed asset investment, striving for a 5% increase; a 6% increase in total retail sales of consumer goods; stable growth, market share, and overall growth in foreign trade; a consumer price index increase of around 2%; and residents income growth in tandem with economic growth. Efforts will be made to achieve even better results in practice.February 9th - Today is the eighth day of the Spring Festival travel rush. The national railway system is expected to transport 14.25 million passengers today, with 1,674 additional passenger trains planned. In accordance with the regulation that train tickets are sold 15 days in advance, tickets for the seventh day of the Lunar New Year, February 23rd, went on sale today. Railway authorities previously predicted that the seventh day of the Lunar New Year would be the peak of post-holiday travel.The yield on 30-year Japanese government bonds fell 0.5 basis points to 3.545%, erasing earlier gains.Hong Kong-listed precious metals stocks rallied in early trading, with Wanguo Gold (03939.HK) rising over 5%, China Silver Group (00815.HK) gaining nearly 5%, Tongguan Gold (00340.HK) and Zijin Mining (02899.HK) both rising over 4%, and Chifeng Gold and Zijin Gold International (02259.HK) both rising over 3%.As of 09:30 Beijing time, WTI crude oil futures fell 0.60%, and US natural gas futures fell 6.02%.