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On February 2nd, Hengrui Medicine announced that in January 2026, the company repurchased 889,700 shares through the Shanghai Stock Exchange trading system via centralized bidding. The repurchased shares account for 0.013% of the company's total share capital. The highest purchase price was RMB 58.21 per share, and the lowest price was RMB 56.10 per share. The total amount paid was RMB 51,072,400 (excluding transaction fees).

February 2nd - The China Electricity Council released data today showing that by 2025, China's newly installed power generation capacity will reach 550 million kilowatts, of which wind and solar power will account for 440 million kilowatts, representing 80.2% of the total new installed capacity. Statistics show that wind, solar, and biomass power generation currently accounts for 97.1% of the total new electricity consumption, becoming the main source of new electricity consumption. my country's green electricity supply capacity continues to strengthen, and the pace of green and low-carbon transformation of energy and power is accelerating.

February 2nd - Hong Kong stocks opened lower and continued to weaken throughout the day. At the close, the Hang Seng Index fell 2.23%, and the Hang Seng Tech Index fell 3.36%. Gold stocks continued their sharp decline, with Shandong Gold (01787.HK) falling over 12%; copper mining stocks weakened, with Jiangxi Copper (00358.HK) falling over 8%; chip stocks led the decline, with Hua Hong Semiconductor (01347.HK) falling over 11% and GigaDevice (03986.HK) falling over 9%; new energy vehicle stocks continued their correction, with XPeng Motors (09868.HK) and BYD (01211.HK) both falling over 6%; in addition, mainland property stocks, biopharmaceuticals, coal, commercial aerospace, telecommunications services, and oil-related stocks also saw significant declines. In terms of individual stocks, MINIMAX-WP (00100.HK) rose more than 10%, China Telecom (00728.HK) fell more than 5%, and CNOOC (00883.HK) fell more than 4%.

Spain's manufacturing PMI for January was 49.2, below the expected 49.3 and the previous reading of 49.6.

On Monday, February 2, the Hang Seng Index closed down 611.54 points, or 2.23%, at 26,775.57; the Hang Seng Tech Index closed down 191.87 points, or 3.36%, at 5,526.31; the H-share Index closed down 236.9 points, or 2.54%, at 9,080.19; and the Red Chip Index closed down 123.33 points, or 2.82%, at 4,245.12.

The European basic resources index fell 3.3%, marking its biggest single-day drop in nearly 10 months.

February 2nd - TSMC's 2nm production capacity has been fully booked by global tech giants. AMD plans to begin producing CPUs based on its 2nm process in 2026, while Google and AWS are reportedly planning to adopt this process in the third and fourth quarters of 2027, respectively. Furthermore, Nvidia plans to launch its "Feynman AI" GPU in 2028, which is expected to use TSMC's A16 process, featuring a rear-mounted power supply design.

Iran has stated that the framework for negotiations with the United States will be finalized in the coming days.

February 2nd - The China Automobile Dealers Association released its latest "Automobile Consumption Index" on February 2nd, 2026: the index for January 2026 was 31.1. Sales in February are expected to decline compared to January, as the market enters a slow season due to the Spring Festival holiday. The February automobile market is expected to enter a period of adjustment due to a combination of factors, including the long Spring Festival holiday, previous demand depletion, the reduction of purchase tax on new energy vehicles, and consumer expectations for post-holiday promotions and new product launches.

The German DAX 30 index opened down 153.07 points, or 0.62%, at 24,362.66 on Monday, February 2nd; the UK FTSE 100 index opened down 66.04 points, or 0.65%, at 10,157.50; and the French CAC 40 index opened down 43.44 points, or 0.53%, at 8,083.09. The Stoxx 50 index opened down 55.86 points, or 0.94%, at 5891.95 on Monday, February 2nd; the Spanish IBEX 35 index opened down 74.61 points, or 0.42%, at 17806.29 on Monday, February 2nd; and the Italian FTSE MIB index opened down 353.92 points, or 0.78%, at 45173.50 on Monday, February 2nd.

On February 2nd, OPEC stated in a press release that the ministers of the OPEC+ Joint Ministerial Monitoring Committee reviewed crude oil production data for November and December 2025 and noted that member countries were generally fulfilling the agreement. Participants reiterated the importance of achieving full compliance with production quotas and fulfilling compensatory production cut obligations. The meeting also reviewed updated compensation schedules submitted by non-compliant member countries. The organization stated that it will continue to monitor production adjustments by all OPEC+ member countries and the eight voluntary production cut countries and reserves the right to convene additional meetings or request an OPEC+ ministerial meeting. The next OPEC+ Joint Ministerial Monitoring Committee (JMMC) meeting is scheduled for April 5th. According to OPEC data, OPEC+ countries' crude oil production in November was 37.625 million barrels per day, 505,000 barrels per day below the target level. December production totaled 37.44 million barrels per day, 780,000 barrels per day below the target level.

Market news: The OPEC Secretariat has received updated compensation proposals from Iraq, the UAE, Kazakhstan, and Oman.

February 2nd - Indian high-frequency traders are bracing for lower returns as the government proposes raising taxes on equity derivatives to curb speculation in the world's most active options market. To discourage risky trades that divert household savings from productive investments, the equity futures trading tax will increase from 0.02% to 0.05%. Option premiums and exercise tax rates will rise by 50% and 20%, respectively. Industry experts say this will significantly raise the profitability threshold for such strategies, as taxes account for about a quarter of high-frequency trading costs, and could weaken India's competitiveness against foreign capital reliant on derivatives. Devansh Gupta, founder of New Delhi-based trading firm AlgoQuant Fintech, stated, "The increased costs make it almost impossible to run liquidated strategies in India. The tax changes and other restrictions send a negative signal to global companies, and many have already suspended their expansion plans in India."

On February 2nd, Puran Technology announced that during a roadshow, it stated that prices for small and medium-capacity NOR Flash products are currently showing a recovery trend. NOR Flash production capacity is interconnected; high-capacity products have higher unit value and consume more capacity. Coupled with the dual effects of supply shortages and demand stimulation, high-capacity products saw price increases earlier in this round, which are gradually spreading to small and medium-capacity products. The company's NOR Flash prices are currently maintaining a generally moderate upward trend. The company has already made reasonable price increases for some of its memory chip products. The company will continue to adjust product prices based on factors such as market supply and production costs. Currently, price adjustments vary across different regions and for different customers.

On February 2nd, SAIC Motor announced that in January 2026, its total vehicle production reached 338,700 units, a year-on-year increase of 4.01%; sales reached 327,400 units, a year-on-year increase of 23.94%. Among these, new energy vehicle production reached 104,700 units, a year-on-year increase of 20.21%, and sales reached 85,374 units, a year-on-year increase of 39.73%; production at export and overseas bases reached 104,600 units, a year-on-year increase of 50.56%, and sales reached 104,500 units, a year-on-year increase of 51.68%.

February 2nd - Guangzhou Port announced that in January 2026, Guangzhou Port Co., Ltd. expects to handle 2.438 million TEUs of containers, a year-on-year increase of 14.5%; and expects to handle 50.782 million tons of cargo, a year-on-year increase of 12.7%.

February 2 – Foreign Ministry Spokesperson Lin Jian held a regular press conference. A Reuters reporter asked, “It has been reported that a Danish shipping company has announced it will temporarily take over the operation of CK Hutchison’s Panama port. This comes after the Panamanian Supreme Court ruled that the concession of Panama Ports Company (a subsidiary of CK Hutchison) was unconstitutional. What is China’s comment on this?” In response, Lin Jian stated, “We have already clarified China’s position on the port issue in Panama. China will resolutely safeguard the legitimate rights and interests of Chinese enterprises.”