Real-time News

On February 5th, Faraday Future (FF) held its final launch event for its "EAI Human-Vehicle+" embodied intelligent robot products, officially announcing the establishment of its EAI Robotics company and launching four series of EAI robots: Futurist, Master, Aegis, and Wheel-Arm series. The Futurist, Master, and Aegis series were launched first. The starting price for the Futurist series is $34,990. As of the end of the event, FF EAI robots had received 1,211 paid pre-orders.

February 5th - Following WeChat's blocking of its own Tencent Yuanbao red envelope links, Baidu's Wenxin Assistant red envelope sharing links have also been blocked by WeChat. The page displays a message stating that the webpage contains content that induces or misleads downloads/redirects users, requiring them to access it through a third-party browser. After being blocked by WeChat, Baidu has switched to distributing red envelopes via "password red envelopes," requiring users to manually copy the password into the Baidu app to participate. As of press time, Baidu has not responded.

According to The Information, OpenAI is hiring hundreds of "frontier deployment engineers" to win business from large enterprises.

Japanese Prime Minister Sanae Takaichi: TSMC's (TSM.N) Kumamoto chip factory has a huge economic impact, and we hope to establish a win-win cooperative relationship with TSMC.

Japanese Prime Minister Sanae Takaichi: 3-nanometer chips used in autonomous vehicles and robotics are of great significance to economic security.

February 5th - The State Council Taiwan Affairs Office held a regular press conference on February 5th. On February 4th, President Xi Jinping spoke with US President Trump by phone, emphasizing that the Taiwan issue is the most important issue in China-US relations. In response, spokesperson Chen Binhua stated that President Xi Jinping's important speech clarified China's solemn position on the Taiwan issue and provided fundamental guidance for our work on Taiwan. Taiwan is China's territory, and the Taiwan issue is the core of China's core interests and the first inviolable red line in China-US relations.

February 5th - At a press conference held today (February 5th) by the State Council Information Office, the State Administration for Market Regulation stated that fair competition is a fundamental principle of the market economy and an objective requirement for building a unified national market. In 2025, the Administration will organize and conduct random inspections of fair competition reviews, urging relevant policy-making bodies to rectify policies and measures that hinder a unified market and fair competition; investigate and punish a series of monopoly cases in the pharmaceutical field, leading to significant price reductions for the drugs involved; and investigate and handle 14,600 cases of various anti-unfair competition. Comprehensive measures will be taken to address "involution-style" competition, strengthening cost investigations, price inspections, and guidance and interviews with key enterprises, effectively cooling down "price wars" and "subsidy wars."

February 5th - According to the latest statistics from the China Gold Association, in 2025, the total trading volume of all gold products on the Shanghai Gold Exchange reached 31,400 tons (62,900 tons bilaterally), a year-on-year increase of 1.02%; the total trading value reached RMB 24.93 trillion (RMB 49.86 trillion bilaterally), a year-on-year increase of 43.89%. The total trading volume of all gold futures and options on the Shanghai Futures Exchange reached 142,200 tons (284,500 tons bilaterally), a year-on-year increase of 56.10%; the total trading value reached RMB 88.97 trillion (RMB 177.94 trillion bilaterally), a year-on-year increase of 111.93%. In 2025, the total holdings of domestic gold ETFs increased by 133.118 tons, a 149.91% increase compared to the 53.266 tons increase in 2024. By the end of December, the holdings of domestic gold ETFs reached 247.852 tons.

February 5th - At a press conference held today by the State Council Information Office, the State Administration for Market Regulation stated that business entities are a crucial microeconomic foundation for economic recovery and improvement. In 2025, the quality of business entity development in my country continued to improve. Nationwide, 25.745 million new business entities were established, and the number of active enterprises increased by 9.8% year-on-year, accounting for a 4.7 percentage point increase in their share of all enterprises.

TSMC (TSM.N) Chairman and President C.C. Wei: We are discussing further cooperation with our Japanese customers.

Japan Electric Power Corporation: Will collaborate with Amazon (AMZN.O) to drive digital innovation and future energy solutions.

Gold stocks in the A-share market declined, with Hunan Silver hitting the daily limit down, and Xiaocheng Technology, Sichuan Gold, Hunan Gold, Zhaojin Gold, and Shandong Gold following suit.

The yield on 40-year Japanese government bonds fell 2 basis points to 3.920%.

On February 5th, Wang Shijiang, Deputy Director of the Electronic Information Department of the Ministry of Industry and Information Technology, stated at a seminar hosted by the China Photovoltaic Industry Association, reviewing the development of the photovoltaic industry in 2025 and looking ahead to 2026, that addressing industry infighting will be a top priority this year. According to Wang, the industry is currently undergoing a new round of deep adjustment, and the deep-seated supply-demand mismatch has not yet been resolved, posing significant challenges to businesses.

The Central Bank of the Philippines: Domestic demand is expected to gradually recover.

The Central Bank of the Philippines anticipates the end of its monetary easing cycle.

February 5th - Canadian Prime Minister Mark Carney will announce a new system of fuel efficiency standards for cars and trucks to replace the electric vehicle mandate, which has faced strong resistance from the auto industry. The plan aims to preserve jobs in the auto manufacturing sector by providing better market access for companies producing cars in Canada. Since Trump imposed tariffs on foreign cars, thousands of Canadian auto workers have lost their jobs or remained unemployed. General Motors has already cut production in Canada, while Chrysler's parent company, Stellantis, withdrew its decision to reopen a plant near Toronto. The previous electric vehicle rule required automakers to ensure that at least 20% of their sales were zero-emission vehicles in the near term. The vision was that by 2035, all new light-duty vehicles sold in the country would be electric. Automakers fought against these rules, arguing that the goals were unattainable, costly, would lead to higher prices, and reduce consumer choice. Last September, Carney pledged to review the rules.

Hong Kong stocks saw the largest declines in the non-ferrous metals sector, with Tianqi Lithium (09696.HK) falling over 10%, Ganfeng Lithium (01772.HK) and Minmetals Resources (01208.HK) both falling over 5%, and Jiangxi Copper (00358.HK), Luoyang Molybdenum (03993.HK), and Zijin Minerals International (02259.HK) also following suit.