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BYD Company Limited (01211.HK): In January 2026, the company produced 232,358 new energy vehicles, a year-on-year decrease of 29.13%; sales volume was 210,051 vehicles, a year-on-year decrease of 30.11%.February 1st - Nvidia CEO Jensen Huang stated that the companys proposed $100 billion investment in OpenAI was never a commitment. "They invited us to invest up to $100 billion, and of course, we were very pleased and honored to be invited, but we will invest gradually." According to a letter of intent signed last September, Nvidia plans to invest up to $100 billion in OpenAI to support new data centers and other artificial intelligence infrastructure. The deal aims to help OpenAI build data centers with a power generation capacity of at least 10 gigawatts (equivalent to the peak electricity demand of New York City), equipped with Nvidias advanced chips for training and deploying AI models.Indias tax minister stated that tax revenue is showing signs of recovery. The plan is to strictly control the fiscal deficit within a reasonable range.The head of Indias tax authorities stated that raising the transaction tax on futures and options is aimed at curbing speculative trading; increasing settlement margins is to address systemic risks in the derivatives market.February 1st - Recently, the secondary market trading price of Class A RMB shares of the E Fund Crude Oil Securities Investment Fund (QDII) managed by E Fund Management Co., Ltd. has been significantly higher than its net asset value per share. On January 28, 2026, the funds net asset value per share was RMB 1.1514. As of January 30, 2026, the funds closing price in the secondary market was RMB 1.340. Investors are hereby reminded to pay attention to the risk of a premium in the secondary market trading price. Investors who buy at a high premium may face significant losses. If the premium in the secondary market trading price does not effectively decrease on the announcement date, the fund may, depending on the actual situation, apply to the Shenzhen Stock Exchange for temporary intraday suspension or extension of the suspension period to warn the market of the risk. Specific details will be subject to the announcement at that time.

US Restricts Exports To Russian and Belarusian Firms

Aria Thomas

Apr 02, 2022 09:17

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The Commerce Department said Friday's move intends to "degrade Russian and Belarusian military, aerospace, marine, and other vital sectors in reaction to Russia's savage attack on Ukraine's sovereignty."


The White House contended that the limits would help prevent equipment and software from reaching Russia's and Belarus' military sectors.


"These parties are effectively isolated from the inputs required to maintain Putin's war," Commerce Secretary Gina Raimondo said in a statement.


The regulations are based on a major extension of the so-called Foreign Direct Product Rule, which requires enterprises manufacturing high- and low-tech things abroad using American equipment to get a license from the US prior to exporting to Russia.


Additionally, the measures direct the Commerce Department to refuse virtually all of those licensing applications.


The Commerce Department added 260 organizations to the entity list as a result of Russia's invasion of Ukraine, which Russia describes as a "special operation."

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