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Mercedes-Benz sales chief: New V8 engine launched in the United States.

Mercedes-Benz sales chief: Launching high-performance electric vehicles in the US and expanding local production.

China Resources Land (01109.HK): For the month ended January 31, 2026, the Company and its subsidiaries achieved total contracted sales of approximately RMB11.65 billion and total contracted sales area of approximately 368,000 square meters, representing year-on-year growth of 0.4% and a decrease of 24.6%, respectively.

On February 12th, *ST Chuanzhi announced that its audited financial data for 2024 triggered the provisions of Article 9.3.1 (i) of the Stock Listing Rules, which states that "the lower of the audited total profit, net profit, and net profit after deducting non-recurring gains and losses for the most recent fiscal year is negative, and the operating revenue after deduction is less than 300 million yuan." Therefore, the company's stock will be subject to delisting risk warning starting from the opening of the market on April 23, 2025. If any of the aforementioned circumstances occur after the company's 2025 annual report is disclosed, the company's stock will face the risk of being delisted.

February 12th - UK fourth-quarter GDP growth was 0.1%, lower than the Bank of England's forecast of 0.2%. Thomas Pugh, an economist at audit, tax, and advisory firm RSM UK, stated in a report that given the weaker-than-expected UK economic growth, the likelihood of a March interest rate cut by the Bank of England has increased. However, Pugh believes that economic growth should accelerate this year as the uncertainty surrounding the government budget in November dissipates and declining inflation begins to translate into stronger consumer spending. He pointed out that the biggest risk at present is a protracted Labour leadership contest, which could open up room for tax increases and inject new uncertainty into consumers and businesses, thus offsetting a large part of the improvement in economic fundamentals.

Hua Hong Semiconductor (01347.HK): Revenue for the fourth quarter of 2025 reached US$660 million, up 22.4% year-on-year and down 3.9% quarter-on-quarter.

Bank of England Deputy Governor Briden: If the economy develops as expected, it is reasonable to expect interest rate cuts "in the next few meetings".

Nissan CEO: We must keep a close eye on D-RAM chips, as some shortages appear to be emerging.

Nissan CEO: Discussions with Honda maintained a highly open and collaborative spirit, with both sides recognizing the challenges facing the industry. As both Honda and Nissan are Japanese companies, they need to find a common ground to collaborate.

Futures News, February 12th - According to foreign media reports, gold prices fell on Thursday as stronger-than-expected US January jobs data dampened market expectations for a near-term interest rate cut. Investors are awaiting Friday's inflation data for further clues about monetary policy. At 15:45 Beijing time, spot gold fell 0.48% to $5057.88 per ounce. OCBC strategist Christopher Wong stated, "The strong jobs report slightly reduced market expectations for a Fed rate cut, which may be one reason for the weakness in gold." "Sensitivity to the dollar, yield repricing, and uncertainty surrounding Fed policy will continue to pose two-way risks to gold in the short term," Wong noted. A survey of economists indicates that the Fed will keep its key benchmark interest rate unchanged for the remainder of Chairman Powell's term (until May), but will then immediately cut rates in June. The surveyed economists also pointed out that the risk of an overly accommodative Fed policy has increased under the leadership of potential successor Warsh.

On February 12th, it was reported that the Securities Association of China (SAC) recently solicited industry opinions again on the "Guidelines for Stress Testing of Securities Companies' Trading and Settlement Systems (Draft for Comment)". It is understood that, in order to further establish and improve the stress testing system for trading and settlement systems and strengthen the connection between the "Testing Guidelines" and the "Guidelines for Stress Testing of Securities and Futures Industry Trading and Settlement Systems (Revised Edition)", the SAC, based on previous feedback, revised and improved the initial draft of the "Testing Guidelines" issued in September 2025, resulting in the second draft. Compared with the initial draft released in 2025, the second draft has made more than ten important revisions and additions in core aspects such as testing frequency, environmental requirements, liability attribution, and regulatory linkage, presenting a clear orientation towards more comprehensive and detailed regulatory requirements, more proactive risk management, and closer integration of self-regulation and administrative supervision. Industry insiders believe that this revision marks the gradual evolution of the supervision of stress testing of securities industry trading and settlement systems from "rules to follow" to "precise policy implementation".

Indian Trade Minister: The Indian government has protected the interests of farmers in the trade agreement with the United States.

On February 12th, Li Dachuan, Deputy Director of the Department of Medical Administration of the National Health Commission, introduced that promoting mutual recognition of medical examination and testing results among medical institutions can not only save patients' time in queuing for appointments and make medical treatment more efficient and convenient, but also save on the cost of repeat examinations, reducing the burden of medical treatment for the public. All public hospitals at or above the secondary level have been connected to the regional platform, achieving full connectivity across provincial boundaries. Among them, 8,069 hospitals (88.4%) have already implemented cross-institutional access to examination and testing results. This project is a continuation of the work proposed in 2025. Last year, 200 items were mutually recognized within prefecture-level cities. This year, the National Health Commission will continue to include "promoting mutual recognition of at least 300 examination and testing items among secondary and above medical institutions, with prefecture-level cities as the basic unit" in the 2026 public service projects.

The Hang Seng Index closed down 233.84 points, or 0.86%, at 27,032.54 on Thursday, February 12; the Hang Seng Tech Index closed down 91.01 points, or 1.65%, at 5,408.98; the H-share Index closed down 93.0 points, or 1.0%, at 9,175.18; and the Red Chip Index closed down 21.53 points, or 0.49%, at 4,410.76.

Mercedes-Benz shares fell 5.3% after the earnings report was released.

February 12th - The National Health Commission held a press conference today to introduce relevant information on public service projects. Jiao Yahui, Director of the Primary Health Care Department of the National Health Commission, introduced that to further consolidate and improve the accessibility of vaccination services, the National Health Commission proposed in this year's public service projects that township health centers and community health service centers provide weekend vaccination services. Township health centers and community health service centers providing vaccination services are required to open weekend vaccination hours. Township health centers and community health service centers must prominently display vaccination times, contact numbers, and other information. Local authorities should also publicize information on vaccination services at township health centers and community health service centers through various means to facilitate residents' inquiries, appointments, and convenient access to vaccination.

The Stoxx Europe 600 index opened 0.54% higher, hitting a new all-time high.

February 12 (Futures News) - Enterprise Singapore (ESG) reported that Singapore's middle distillate fuel inventories rose by 401,000 barrels to a 12-week high of 9.326 million barrels in the week ending February 11.

February 12 (Futures News) - Enterprise Singapore (ESG) reported that Singapore's light distillate fuel inventories rose by 448,000 barrels to a 185-week high of 17.978 million barrels in the week ending February 11.