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Real-time News
February 26th - Toyota Motor Corporation, the worlds largest automaker, saw sales growth in January, continuing its upward momentum after a stellar year. Data released by Toyota on Thursday showed that despite a slight decline in global production in January, sales, including those from subsidiaries Daihatsu and Hino Motors, rose 4.8% year-on-year to 887,266 vehicles, a record high for January sales. In January, sales of Toyota and Lexus brands increased by 8.1% in the United States and 6.6% in China. Domestic sales in Japan, however, declined by 2.7%. Toyotas resilience is particularly noteworthy in an automotive industry squeezed by tariffs, increased competition, and uncertainty surrounding the global electric vehicle transition. While competitors warned of billions of dollars in increased costs and sought to raise prices or shift production, Toyota has maintained its footing thanks to its scale and supply chain flexibility.On February 26, Wang Bin, Director of the Third Criminal Division of the Supreme Peoples Court, stated at a press conference held by the Supreme Peoples Court on "The Work of Peoples Courts in Punishing Telecommunications and Internet Fraud and Property Crimes According to Law" that the courts will focus their next efforts on cracking down on ringleaders and core members of criminal groups, "financial backers" of telecommunications fraud, human smugglers, organizations providing armed shelter for cross-border telecommunications fraud, as well as related crimes such as intentional homicide, intentional injury, kidnapping, and money laundering using virtual currencies and underground banks.On February 26th, Three Sheep (Hefei) Holding Group Co., Ltd. issued a statement clarifying that recently, a large amount of false information about "Three Sheeps successful backdoor listing" has been circulating online, causing public misunderstanding. To clarify the facts, Three Sheep Group solemnly declares: 1. As of now, Three Sheep Group and its subsidiaries have not submitted any form of backdoor listing, overall listing, or IPO application; 2. The online rumors of "Three Sheep listing on Nasdaq" or "backdoor listing through a US stock company" are merely related to overseas live-streaming operation business cooperation.On February 26th, Tesla China officially announced a new round of financing incentives for its vehicles. Orders placed before March 31st will be eligible for a 7-year low-interest loan on all models. For the three main models, Model 3, Model Y, and Model YL, an additional 5-year 0% interest plan is available, meaning no interest will be paid on the loan. This move is widely interpreted by the industry as another round of "disguised price reductions," aimed at further boosting sales. In January 2026, Tesla China released a similar promotional program, which at that time was valid until January 31st. Data shows that Tesla Chinas total wholesale sales in 2025 were 851,700 vehicles (including domestic deliveries and overseas exports), a year-on-year decrease of 7.08%.Hong Kong Exchanges and Clearing Limited (00388.HK): The Board of Directors declared a second interim dividend of HK$6.52 per share, to be paid entirely in cash; together with the first interim dividend of HK$6.00 per share to be paid in September 2025, the total dividend for the year will be HK$12.52 per share.
