Real-time News

February 5th - Recently, several automakers have launched "7-year ultra-long-term low-interest" products. A reporter visited several automakers' direct-sales stores. An employee of a domestic brand stated that their SUV model, priced around 200,000 yuan, with zero down payment and a 7-year loan, would have a monthly payment of approximately 2,700 yuan, with total interest of approximately 26,000 yuan, about half the interest rate of a traditional bank loan. However, this type of loan differs from traditional bank loans; some automakers' 7-year loans require a minimum repayment period of 3 years before full prepayment can be made.

The China Earthquake Networks Center officially reported that a 4.5-magnitude earthquake occurred in Kazakhstan (44.71 degrees north latitude, 79.74 degrees east longitude) at 16:39 on February 5, with a focal depth of 20 kilometers.

February 5th - Shanghai Henlius Biotech (02696.HK) announced that it has entered into a licensing agreement with Japanese pharmaceutical company Eisai Co., Ltd., under which the company will grant Eisai an exclusive license to commercialize its licensed product Hanszal® (Slulimab injection) in the region and field. Eisai will pay the company an upfront payment of US$75 million, regulatory milestone payments totaling up to US$80.01 million based on the achievement of various regulatory milestones for the licensed product in the region, and commercial sales milestone payments totaling up to US$233.33 million based on the achievement of annual net sales of the licensed product in the region, plus royalties calculated as a double-digit percentage of the annual net sales of the licensed product in the region.

Volkswagen shares fell 3.2%, poised for their biggest one-day drop since September 2025.

February 5th - Hengrui Medicine announced that it recently received an Acceptance Notice from the National Medical Products Administration (NMPA) for its marketing authorization application for HR091506 tablets. HR091506 tablets are febuxostat oral sustained-release tablets with pulsatile release characteristics, independently developed by the company using gastric retention formulation technology. The product consists of an immediate-release portion and a delayed-release portion. After oral administration, the immediate-release portion is rapidly released in the stomach to achieve an effective blood drug concentration; the delayed-release portion remains in the stomach for sustained release, aiming to prolong the duration of effective blood drug concentration and improve the rate of uric acid reduction.

February 5th – A meeting on financial support for the construction of the Western Land-Sea New Corridor was held in Chongqing on the morning of February 5th. Pan Gongsheng, Secretary of the Party Committee and Governor of the People's Bank of China (PBOC), stated that providing financial support for the construction of the Western Land-Sea New Corridor is a crucial responsibility of the PBOC and the financial system. The PBOC will continue to support the accelerated construction of the Western Land-Sea New Corridor, strengthen coordination with provinces (autonomous regions and municipalities) along the corridor, support the continuous construction and development of the financial services and infrastructure system of the Western Land-Sea New Corridor with Chongqing as a hub, promote the interconnection and optimization of financial elements, enrich and develop the financial services and product system, enhance the precision and effectiveness of financial support, coordinate high-level financial opening-up and security, improve the facilitation of cross-border trade settlement and investment and financing along the corridor, optimize cross-border financial services, and better serve the construction of the Western Land-Sea New Corridor and the high-quality development of the western region.

Statoil: Starting February 1 this year, it will supply gas to the Dutch gas pipeline network, with an annual supply of up to 500 million cubic meters.

The onshore yuan closed at 6.9408 against the US dollar at 16:30 on February 5, down 32 points from the previous trading day.

February 5 - On February 5, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, held talks in Beijing with Rodriguez, special envoy of the Cuban Party and government, member of the Political Bureau of the CPC Central Committee and Foreign Minister.

Germany's construction PMI for January was 44.7, down from 50.3 in the previous month.

Mitsubishi Motors CEO: We are not currently facing a worrying shortage of rare earth elements, and it is unlikely that such a situation will occur in the near future.

Han's CNC (03200.HK) shares surged over 20% in grey market trading.

Zhuozheng Medical (02677.HK) once surged by over 90% in grey market trading, but the gains have now fallen back to 65%.

TotalEnergies: will provide renewable electricity to Airbus's factories in Germany and the UK.

February 5th - Hong Kong stocks opened lower but rebounded in the afternoon, with gains widening. At the close, the Hang Seng Index rose 0.14%, and the Hang Seng Tech Index rose 0.74%, with net southbound capital inflows reaching HK$24.977 billion. The new consumption sector saw increased gains in the afternoon, with Miniso (09896.HK) surging over 6%; new energy vehicle stocks rose steadily, with Xiaomi Group (01810.HK) and NIO-SW (09866.HK) both rising over 2%; airline stocks continued their strong performance, with China Eastern Airlines (00670.HK) rising over 2%; the biopharmaceutical sector strengthened in the afternoon, with Innovent Biologics (09969.HK) rising over 4%; in addition, sectors such as mainland banks, home appliances, logistics, intelligent driving, and leading tech companies also performed well throughout the day. The non-ferrous metals sector saw a significant pullback, with Tianqi Lithium (09696.HK) falling over 13%. Concepts related to optical communications, commercial aerospace, chips, lithium batteries, photovoltaic solar energy, and power equipment were also weak throughout the day. In terms of individual stocks, Baidu (09888.HK) rose over 2%; Tencent Holdings (00700.HK) rebounded in the late session, ultimately closing up 0.09%, with its total market capitalization returning to HK$5 trillion.

The Hang Seng Index closed up 37.92 points, or 0.14%, at 26,885.24 on Thursday, February 5; the Hang Seng Tech Index closed up 39.69 points, or 0.74%, at 5,406.13; the H-share Index closed up 44.96 points, or 0.5%, at 9,093.34; and the Red Chip Index closed up 2.01 points, or 0.05%, at 4,374.3.

The yield on 30-year UK government bonds hit a new high since November 26 last year, rising about 3 basis points to 5.375% during the day.

On Thursday, February 5th, the German DAX 30 index opened down 41.44 points, or 0.17%, at 24611.33; the UK FTSE 100 index opened down 46.64 points, or 0.45%, at 10355.70; the French CAC 40 index opened up 26.03 points, or 0.32%, at 8288.19; the Euro Stoxx 50 index opened up 4.03 points, or 0.07%, at 5974.50; the Spanish IBEX 35 index opened down 136.83 points, or 0.76%, at 17965.67; and the Italian FTSE MIB index opened down 105.93 points, or 0.23%, at 46530.50.

February 5th, Futures News: Enterprise Singapore (ESG) reported that as of the week ending February 4th, Singapore's middle distillate fuel inventories rose by 328,000 barrels to a nine-week high of 8.925 million barrels.