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On January 16th, according to Tianyancha Intellectual Property Information, Tesla Inc. recently applied to register two "Tesla Smart" trademarks, classified in the international categories of scientific instruments and website services. Both trademarks are currently awaiting substantive examination.

On January 16th, according to Tianyancha's business registration information, Beijing Taoyuanchuang Technology Co., Ltd. was recently established. The legal representative is Lian Wenzhao, and the registered capital is 8 million RMB. Its business scope includes software development, intellectual property services, copyright agency, information consulting services, information technology consulting services, network technology services, apparel manufacturing, apparel research and development, and apparel accessories manufacturing. A comprehensive equity structure analysis shows that the company is wholly owned by Taotian Co., Ltd., which is a wholly-owned subsidiary of Taobao (China) Software Co., Ltd.

On January 16th, the China National Committee on Ageing and China Life Insurance Company Limited signed a strategic cooperation agreement in Beijing. According to the agreement, during the 15th Five-Year Plan period, both parties will jointly dedicate themselves to the development of the elderly care industry, improve modern insurance services for the elderly, and support the development of the elderly care industry. The cooperation will focus on areas such as conducting national education on population aging, organizing special research on elderly-related issues, developing elderly-related insurance, promoting the social participation of the elderly, and creating a strong social atmosphere of respecting, loving, and helping the elderly.

On January 16, both sides reaffirmed their commitment to multilateralism, support for the UN's central role in international affairs, and commitment to maintaining and improving the rules-based multilateral trading system with the World Trade Organization at its core, as well as safeguarding the stability and smooth operation of global industrial and supply chains. Canada attaches importance to the global governance initiatives proposed by China. Both sides agreed to jointly promote the improvement of global governance and strengthen cooperation on issues such as accelerating the implementation of the UN 2030 Agenda for Sustainable Development and reforming the international financial system. Canada supports China's hosting of the 2026 APEC summit and looks forward to the success of all activities throughout the year. Canada also thanked China for supporting Canada's bid to host the 2029 APEC summit. Both sides will seek to strengthen exchanges and cooperation within the G20 framework and agreed to deepen cooperation in the climate and environment fields through mechanisms such as the Ministerial Conference on Climate Action, the China-Canada International Cooperation Committee on Environment and Development, the Kunming-Montreal Global Biodiversity Framework, and cooperation documents such as the Memorandum of Understanding on Climate Change Cooperation between China and Canada and the Memorandum of Understanding on Environmental Cooperation between China and Canada.

On January 16, both sides agreed to strengthen law enforcement cooperation in accordance with their respective laws to combat corruption, transnational crimes such as online and telecommunications fraud, and synthetic drugs. Both sides agreed to continue the annual meeting mechanism of the China-Canada Law Enforcement Cooperation Working Group, with anti-drug dialogue as an important component, to achieve more concrete results in safeguarding the safety of the people of both countries.

On January 16, both sides agreed that people-to-people exchanges are the foundation of bilateral relations and agreed to strengthen cultural exchanges to enhance mutual understanding and cooperation. They decided to relaunch the China-Canada Joint Cultural Committee. Both sides are committed to strengthening exchanges and cooperation in culture, education, arts, cultural heritage, and creative industries, and enhancing exchanges between the two countries' legislative bodies and local governments. Both sides agreed to provide support and facilitation for media outlets from both countries working in each other's countries and to provide greater convenience for personnel exchanges. Both sides agreed to provide facilitation for their respective diplomatic missions.

On January 16, both sides welcomed the establishment of the China-Canada Financial Working Group to strengthen exchanges on financial issues and other matters. The working group will report to the co-chairs of the Economic and Financial Strategic Dialogue. The two leaders also welcomed the signing of the "Third Extension and Amendment Agreement to the Bilateral Currency Swap Agreement between the People's Bank of China and the Bank of Canada on RMB/CAD."

On January 16, both sides agreed to support exchanges and cooperation in the field of clean energy and strengthen cooperation in the development of traditional energy resources such as oil and natural gas. They decided to launch a ministerial-level energy dialogue to identify key areas and support two-way investment and trade in clean and traditional energy. Both sides are committed to responsible management of bilateral civilian nuclear energy in accordance with the highest international standards, including relevant documents from the International Atomic Energy Agency, and to strengthening cooperation in natural uranium trade, building on existing cooperation.

January 16th - The Hang Seng Index initially surged nearly 1% this morning before retreating, and continued to fluctuate below the 5-day moving average throughout the afternoon. The Hang Seng Tech Index rose over 1% in early trading before falling back and then trading in a narrow range throughout the day. At the close, the Hang Seng Index fell 0.29% to 26844.96 points, and the Tech Index fell 0.11% to 5822.18 points. The total turnover of the Hang Seng Index market reached HK$255.079 billion (compared to HK$290.455 billion in the previous trading day). The semiconductor sector performed strongly, leading the gains. Apple concept stocks and power equipment stocks fluctuated upwards, while the internet healthcare sector continued its consolidation. New consumption stocks showed some weakness. In terms of individual stocks, GigaDevice (03986.HK) closed up 16.74%, Rongyang Industrial (02078.HK) closed up 8.59%, Dongfang Electric (01072.HK) closed up 4.92%, Alibaba Health (00241.HK) closed down 5.16%, and Pop Mart (09992.HK) closed down 5.6%.

The Hang Seng Index closed down 78.66 points, or 0.29%, at 26,844.96 on Friday, January 16; the Hang Seng Tech Index closed down 6.17 points, or 0.11%, at 5,822.18; the H-share Index closed down 46.05 points, or 0.5%, at 9,220.81; and the Red Chip Index closed down 14.29 points, or 0.34%, at 4,139.41.

The chart shows that at 23:00 Beijing time on January 16, there will be large foreign exchange options contracts for EUR/USD, USD/JPY, and AUD/USD expiring, including 13 contracts with strike prices exceeding 1 billion. Please manage your risks.

On January 16th, Shichuang Energy announced that it expects to achieve a net profit attributable to owners of the parent company of -358 million yuan to -298 million yuan in 2025, a reduction in losses of 291 million yuan to 351 million yuan compared to the same period last year, representing a year-on-year reduction in losses of 44.83% to 54.08%. It also expects to achieve a net profit attributable to owners of the parent company of -388 million yuan to -328 million yuan in 2025, a reduction in losses of 274 million yuan to 334 million yuan compared to the same period last year, representing a year-on-year reduction in losses of 41.40% to 50.46%. While new photovoltaic installations are expected to continue to grow in 2025, the imbalance between supply and demand in the industry remains prominent. During this period of deep industry adjustment, the company has consistently adhered to interdisciplinary integrated R&D and driven development through independent innovation. During the reporting period, sales of photovoltaic cells and equipment increased, leading to increased sales revenue. In addition, based on the principle of prudence, an asset impairment provision was made for the equipment related to 2GWPERC silicon wafers and cells in the same period last year, which had a certain adverse impact on the net profit in the same period last year.

On January 16, Rongsheng Development issued a performance forecast, expecting the company's net profit attributable to shareholders of the listed company to be negative in 2025. The company's operating performance in 2025 will show a loss, but the amount of loss is not expected to exceed the unaudited net assets at the end of the previous year. The company's net assets at the end of 2025 are expected to be positive.

On January 16, the China Securities Regulatory Commission (CSRC) held its 2026 system-wide work conference. The conference emphasized upholding the principle of strengthening the capital market's domestic market presence and promoting deeper and higher levels of two-way opening up. It stressed expediting the implementation of optimized schemes for qualified foreign investors, expanding the scope of openness for specific futures products, and improving the convenience of cross-border investment and financing. The conference also called for improving regulations and systems for overseas listings, enhancing the standardization and transparency of filing management, strengthening regulatory and risk prevention capabilities in an open environment, and actively participating in international financial governance.

Japanese Finance Minister Satsuki Katayama: We have not yet received any inquiries from the Bank of Japan regarding the joint statement from other central banks supporting Powell.

On January 16th, Hoshine Silicon Industry Co., Ltd. announced that it and relevant responsible persons received an administrative regulatory measure decision letter from the Zhejiang Securities Regulatory Bureau. The company was ordered to rectify its actions due to its failure to fulfill review procedures and information disclosure obligations regarding related-party transactions, as well as its large-scale investment activities that also failed to comply with review procedures and information disclosure obligations. Chairman Luo Liguo, General Manager Luo Yedong, Chief Financial Officer Zhang Yacong, and Board Secretary Gao Junqiu received warning letters for violating information disclosure management regulations. The company and relevant responsible persons will actively rectify the situation, strengthen their study of laws and regulations, and strictly fulfill their information disclosure obligations.