Real-time News

Novo Nordisk's European shares rose 3%.

According to a report from Futures on January 22, Enterprise Singapore (ESG) reported that Singapore's middle distillate fuel oil inventories rose by 319,000 barrels to a seven-week high of 8.638 million barrels in the week ending January 21.

According to a report from Futures on January 22, Enterprise Singapore (ESG) reported that Singapore's light distillate fuel oil inventories rose by 297,000 barrels to a 41-week high of 15.821 million barrels in the week ending January 21.

Taiwan's unemployment rate was 3.35% in December, unchanged from the previous month.

The euro fell to a near three-month low of 11.6027 against the Norwegian krone.

January 22 – This afternoon, the Ministry of Commerce held a regular press conference to introduce key recent work in the commercial sector. Ministry of Commerce spokesperson He Yongqian stated that in 2025, guided by the high-quality Belt and Road Initiative, Chinese enterprises' outbound investment maintained healthy, stable, and orderly development. 2026 is the first year of the 15th Five-Year Plan. The Ministry of Commerce will resolutely implement the decisions and deployments of the CPC Central Committee and the State Council, effectively manage outbound investment, improve the overseas comprehensive service system, promote the integrated development of trade and investment, support enterprises in carrying out international operations, deepen cooperation in emerging fields such as the digital economy and green development, and make greater contributions to the stable growth of the world economy.

January 22nd - According to the unified accounting results for regional GDP, Tianjin's GDP in 2025 is 1,853.982 billion yuan, a 4.8% increase over the previous year at constant prices. By industry, the added value of the primary industry is 29.355 billion yuan, a 3.0% increase; the added value of the secondary industry is 615.446 billion yuan, a 3.5% increase; and the added value of the tertiary industry is 1,209.181 billion yuan, a 5.4% increase.

On January 22, Foreign Ministry Spokesperson Guo Jiakun held a regular press conference. A reporter from Iraqi Rudao TV asked, "A Syrian Foreign Ministry official stated that the Chinese government has not yet formally requested the Syrian government to repatriate members of the East Turkistan Islamic Movement (ETIM). What is China's response to this?" Guo Jiakun responded, "The ETIM is a terrorist organization recognized by China in accordance with the law and listed by the UN Security Council. Syria has pledged not to allow any entity to use Syrian territory to engage in activities that harm China's security, sovereignty, and interests."

January 22 – This afternoon (January 22), the Ministry of Commerce held a regular press conference to introduce recent key work in the commercial field. Ministry of Commerce spokesperson He Yongqian, in response to a question, stated that as a responsible major power, China has consistently and actively fulfilled its international obligations on non-proliferation. China prohibits the export of all dual-use items to Japanese military users, for military purposes, and for all end-user applications that contribute to enhancing Japan's military capabilities, in accordance with laws and regulations. The aim is to deter "remilitarization" and attempts to acquire nuclear weapons, and this is entirely legitimate, reasonable, and legal. At the same time, China is always committed to maintaining the stability and security of global supply chains, and export control applications and review procedures are all in accordance with laws and regulations. Here, I would like to reiterate that export applications that meet the conditions for civilian use, etc., will be approved.

January 22 – Foreign Ministry Spokesperson Guo Jiakun held a regular press conference on January 22. An AFP reporter asked about US President Trump's scheduled signing ceremony for the "Peace Commission" in Davos, Switzerland today, noting that approximately 35 of the 50 invited leaders have accepted the invitation. What is China's comment on this? Is China considering participating? "We have already answered the question about the 'Peace Commission,' and we have no further information to add at this time," Guo Jiakun said.

On January 22, Goldman Sachs issued a research report, raising its earnings forecasts for Hua Hong Semiconductor (01347.HK) by 1% for 2027 to 2029, citing recent signs of price increases. This upward revision is primarily based on a more optimistic revenue outlook (2027-2029 forecasts increased by 1% to 2%). Goldman Sachs expects stronger revenue growth, as demand for specialty technology chips (such as power management ICs and image sensors) will also benefit from growth in AI servers and AI intelligent edge devices. With continued high capacity utilization, the bank anticipates Hua Hong will have more room to optimize its order structure, leading to stronger revenue and profit performance. As a leading wafer foundry in China, Goldman Sachs expects Hua Hong to directly benefit from the demand recovery trend, with its solid gross margin improvement and optimized capacity utilization indicating stronger earnings per share growth potential. The bank reiterated its "Buy" rating on Hua Hong Semiconductor and raised its target price from HK$117 to HK$134.

On January 22nd, BOC International issued a research report stating that Pop Mart's (09992.HK) share price has been under pressure since the end of 2025 due to market concerns about the waning popularity of Labubu and slowing growth. However, the bank believes that most concerns are an overreaction, and the share buyback program initiated by the company on January 19th should restore market confidence. Furthermore, Pop Mart's financial report disclosed that it repurchased 500,000 shares in Hong Kong yesterday. BOC International expects that with the launch of new products, Labubu will remain a key pillar in sales this year, while other IPs will also improve their performance as overseas consumers become more familiar with them. Therefore, the bank still believes that Pop Mart will maintain strong momentum in overseas expansion and expects revenue and net profit to achieve strong year-on-year growth of 32.8% and 37.6% respectively this year, based on a 2026 forecast P/E ratio of 20. The target price was lowered from HK$405.6 to HK$291.9, but the "Buy" rating was reiterated.

Hong Kong-listed insurance stocks continued to decline, with New China Life Insurance (01336.HK) falling 4.3%, China Taiping (00966.HK) and China Life (02628.HK) falling more than 3%, and Ping An Insurance (02318.HK) and China Pacific Insurance (02601.HK) falling 2.6%.

On January 22, Jefferies Group issued a research report stating that it believes Baidu demonstrates its leading position in the fields of multimodal AI technology and intelligent agent infrastructure through Wenxin Big Model 5.0 and Qianfan Platform, and empowers multiple industries through application models, promoting the deep integration of AI technology and industry, and providing strong support and innovation capabilities for developers and enterprises. Therefore, it gives Baidu a "buy" rating with a target price of HK$176.

The China Earthquake Networks Center officially reported that a magnitude 3.0 earthquake occurred at 15:03 on January 22 in Akqi County, Kizilsu Kirghiz Autonomous Prefecture, Xinjiang (40.71 degrees north latitude, 78.43 degrees east longitude), with a focal depth of 10 kilometers.

The chart shows that at 23:00 Beijing time on January 22, there will be large foreign exchange options contracts for EUR/USD, USD/JPY, and USD/CAD expiring, including 7 contracts with strike prices exceeding 1 billion. Please manage your risks.