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Real-time News
On February 9th, NIO founder, chairman, and CEO William Li announced plans to build 1,000 new battery swapping stations by 2026, increasing the number of "scenic charging routes" to 100. Following the completion of the G318 Sichuan-Tibet and Yunnan-Tibet battery swapping routes last year, the Silk Road battery swapping route will be opened this year. Furthermore, large-scale construction of the fifth-generation battery swapping stations will begin this year.February 9th - BNP Paribas economists stated that the ruling Liberal Democratic Partys (LDP) victory in the general election is expected to further strengthen its stringent economic policies. Their research report noted, "While there are still cautious opinions within the LDP regarding a consumption tax cut, the likelihood of its implementation has significantly increased given the election results." Analysts believe that considering the Prime Ministers public commitment to implementing the consumption tax cut by fiscal year 2026 and his overwhelming victory, the government is likely to accelerate the implementation of this measure while remaining focused on market stability. The report also pointed out that the LDPs victory could make it easier for the Takashimakata municipal government to push through the increased defense spending requested by the United States.On February 9th, Bank of America Securities issued a report stating that Meitu (01357.HK) expects its non-GAAP adjusted net profit for last year to grow by 60% to 66%, to RMB 938 million to RMB 973 million, with a median growth of 63% to RMB 955 million, slightly higher than market expectations and Bank of Americas forecast by 1%. This is mainly driven by two factors: rapid growth in product revenue and operating leverage. Bank of America Securities maintains its "Buy" rating on Meitu with a target price of HKD 11.3, based on the strong profit expansion driven by the increase in the proportion of paying users and operating leverage.On February 9th, Daiwa Securities issued a report stating that Yum China (09987.HK)s fourth-quarter results for 2025 exceeded expectations. KFCs same-store sales growth was better than anticipated, and the price increase for delivery channels in January indicated a recovery in consumer confidence and a more rational pricing trend in the industry. The report noted that Yum Chinas management forecasts a slight year-on-year increase in operating profit margin for 2026, but with improved competition in the Chinese market, further room for profit margins to exceed market expectations is anticipated. Daiwa reiterated its "Buy" rating on Yum China and raised its target price from HK$450 to HK$520.February 9th - According to the official WeChat account of Zhenxin Technology, in response to the multi-beam communication payload requirements of large LEO satellite constellations and supporting phased arrays for commercial aerospace companies such as SpaceX and OneWeb, Zhenxin Technology has designed and launched the GM5900A, a fully digital multi-beam synthesizer chip with 32 transmit and 32 receive DBF (Digital Beam Form).
