Real-time News

Jinko Electronics Co., Ltd. (02251.HK): The controlling shareholder group and senior management plan to further increase their holdings of the Company's H shares in open market transactions within three months from the date of this announcement.

According to the Financial Times, Germany will begin privatizing a subsidiary of Gazprom.

On April 20th, Qijing Auto announced that its first mass-produced vehicle, the Qijing GT7, has obtained a Level 3 autonomous driving test permit from the Guangzhou Municipal Government and will be tested on designated highways in Guangzhou.

On April 20th, the Henan Provincial Bureau of Statistics and the Henan Survey Office of the National Bureau of Statistics released the province's economic performance in the first quarter of 2026. According to the unified accounting for regional GDP, the province's GDP in the first quarter was 1,591.452 billion yuan, a year-on-year increase of 5.2% at constant prices. By industry, the added value of the primary industry was 67.297 billion yuan, an increase of 2.9%; the added value of the secondary industry was 597.309 billion yuan, an increase of 5.5%; and the added value of the tertiary industry was 926.846 billion yuan, an increase of 5.1%.

Canadian miner B2Gold expects gold production to remain at low levels in the near term.

According to a Reuters poll, 17 out of 27 economists expect the Indonesian central bank to keep its 7-day reverse repo rate unchanged at 4.75% by the end of the fourth quarter (compared to a 50-basis-point cut in a March poll).

According to a Reuters poll, all 31 economists surveyed said that the Indonesian central bank will keep its 7-day reverse repo rate unchanged at 4.75% on April 22.

The yield on Japan's five-year government bonds fell 2 basis points to 1.815%.

On April 20th, Haikou Customs released statistics showing that in the first quarter of this year, the customs processed 8,300 applications for tax refunds for departing tourists, totaling 23.394 million yuan, with refunds amounting to 2.908 million yuan, representing year-on-year increases of 16.8 times, 8.3 times, and 8.5 times respectively. Since the beginning of this year, Haikou Customs has actively optimized its tax refund supervision and services, improving efficiency through policy promotion, simplified verification procedures, and the establishment of additional service points, further stimulating the inbound consumption market. A relevant official from Haikou Customs stated that the customs will continue to optimize its tax refund supervision and service model to inject new momentum into inbound tourism consumption in the Hainan Free Trade Port.

Jefferies: Raises its price target for Tesla (TSLA.O) from $300 to $350.

April 20th - Analysts say the intermittent shipping through the Strait of Hormuz highlights the uncertainty surrounding this vital global oil and gas chokepoint. However, one thing is clear: even after the fighting subsides, oil flows through this narrow waterway will take months—and possibly years—to recover to pre-war levels. Analysts believe the speed of recovery depends not only on diplomatic progress between Washington and Tehran, but also on logistical conditions, the availability of tanker insurance, freight rates, and shipowners' willingness to risk passage. A full rebalancing of the global tanker fleet and the return of Gulf loading operations to pre-war levels are expected to be uneven, potentially taking at least eight to twelve weeks even under favorable conditions.

April 20th - It was learned today at the 2026 China Intellectual Property Protection High-Level Forum that my country's intellectual property protection system for emerging fields such as artificial intelligence, big data, and gene technology is continuously improving. Pilot programs for data intellectual property protection have been conducted in 17 provinces and municipalities across the country. By the end of 2025, these pilot areas had cumulatively received over 100,000 data intellectual property registration applications and issued over 48,000 registration certificates. Focusing on emerging industries such as next-generation information technology and artificial intelligence, 81 national-level intellectual property protection centers and 50 rapid rights protection centers have been established nationwide, providing innovative entities in emerging fields with a "one-stop" service integrating rapid pre-examination and rapid rights protection.

On April 20th, the Foshan Municipal Housing and Urban-Rural Development Bureau officially released the "Notice on Organizing the First Batch of 'Trade-in' Programs for Commercial Housing." This is not merely a simple encouragement document; it is a comprehensive solution that systematically addresses bottlenecks in the trade-in process through innovative models and a combination of policies. It aims to shift the real estate market from a "one-sided buying and selling" model to a "virtuous cycle of existing and new housing stock," achieving a win-win situation for citizens, businesses, and the market. The innovation of Foshan's "trade-in" policy lies in the participation of multiple real estate companies: Foshan Anju, Chancheng Anju, Nanhai Youju, Shunde Chengtie, Gaoming Airport Construction, and Sanshui Anju act as the acquiring entities; while Foshan Chenfa, Foshan Urban Renewal, Foshan Lianzhi, Heyue Yaji, Shunkong Chengtou, Yongdeli Commerce, Sanshui Chanfa, and Miaohui Real Estate provide new housing units. This model determines the value of the old housing through negotiation and establishes a "contract termination protection period" to avoid blindly lowering prices, thereby creating a closed loop of "selling old and buying new" and acting as a market stabilizer.

On April 20th, the National Energy Administration released data on total electricity consumption in March. From January to March, total electricity consumption reached 2,514.1 billion kilowatt-hours, a year-on-year increase of 5.2%. By sector, primary industry electricity consumption was 33.6 billion kilowatt-hours, a year-on-year increase of 7.1%. Secondary industry electricity consumption was 1,598.7 billion kilowatt-hours, a year-on-year increase of 4.7%; among which, industrial electricity consumption was 1,583.6 billion kilowatt-hours, a year-on-year increase of 4.9%, and high-tech and equipment manufacturing electricity consumption was 274.6 billion kilowatt-hours, a year-on-year increase of 8.6%. Tertiary industry electricity consumption was 483.3 billion kilowatt-hours, a year-on-year increase of 8.1%; among which, charging and swapping services and internet data services consumed 37.6 billion and 22.9 billion kilowatt-hours respectively, with growth rates reaching 53.8% and 44.0% respectively. Residential electricity consumption was 398.5 billion kilowatt-hours, a year-on-year increase of 3.4%.

On April 20th, Futures News reported that Shandong Petrochemical Co., Ltd. released Shandong local refinery price data for April 20, 2026: 1. International oil price benchmark: WTI was $86.95, up 5.25%; Brent was $94.85, up 4.96%. 2. Average price and changes of refined oil products: The average price of 0# diesel was $7278, up $61; the average price of 92# gasoline was $8032, up $65; the average price of 95# gasoline was $8113, up $63. 3. Distribution of refineries with the highest prices: Dongming was the refinery with the highest prices for 0# diesel, 92# gasoline, and 95# gasoline on that day; among the refineries with the lowest prices, Weirun was the refinery with the lowest prices for 0# diesel, and Xintai was the refinery with the lowest prices for 92# and 95# gasoline.

On April 20th, the National Energy Administration released data on total electricity consumption in March. In March, total electricity consumption reached 859.5 billion kilowatt-hours, a year-on-year increase of 3.5%. By sector, primary industry electricity consumption was 11.3 billion kilowatt-hours, a year-on-year increase of 6.7%. Secondary industry electricity consumption was 570.8 billion kilowatt-hours, a year-on-year increase of 2.0%; among which, industrial electricity consumption was 566.1 billion kilowatt-hours, a year-on-year increase of 2.3%, and high-tech and equipment manufacturing electricity consumption was 105.4 billion kilowatt-hours, a year-on-year increase of 5.6%. Tertiary industry electricity consumption was 160.1 billion kilowatt-hours, a year-on-year increase of 7.7%; among which, charging and swapping services and internet data services consumed 13 billion and 8 billion kilowatt-hours respectively, with growth rates reaching 51.3% and 40.1% respectively. Residential electricity consumption was 117.2 billion kilowatt-hours, a year-on-year increase of 5.2%.

April 20th - SpaceX announced on social media on April 19th local time that due to unfavorable weather conditions for rocket recovery, the GPSIII-8 mission launch is now scheduled for Tuesday, April 21st. The team is closely monitoring the weather.