Real-time News

The UK Foreign, Commonwealth and Development Office: In Washington, D.C., the British Foreign Secretary will meet with U.S. Secretary of State Marco Rubio to discuss UK-U.S. cooperation.

The UK Foreign, Commonwealth and Development Office: The Foreign Secretary traveled to Washington, D.C. today after visiting the United Nations yesterday.

SpaceX: Confirms (latest) deployment of 29 Starlink satellites.

February 20th - According to the China State Railway Group, the national railway system is expected to transport 15 million passengers today (February 20th), with 1,469 additional passenger trains planned. On February 19th, the national railway system transported 13.539 million passengers. As of 8:00 AM this morning, a total of 298 million tickets for the Spring Festival travel season have been pre-sold.

February 20th - Today is the fourth day of the Lunar New Year, the 19th day of the Spring Festival travel rush. The Guangzhou Railway Bureau of China Railway expects to handle over 2 million passengers arriving in Guangdong, Hainan and Hunan provinces, and 2.199 million passengers departing, an increase of 217,000 compared to the same period last year.

Nick Timiraos, the Fed's mouthpiece, predicts that U.S. PCE inflation (core and overall) will rise 0.37% month-over-month in December (an annualized rate of 4.5%). This would bring the core PCE annual rate to 3.0%, the highest level since February 2025. The overall PCE annual rate is expected to be 2.9%, the highest level since March 2024.

Tencent Wealth Management's current account + 7-day annualized yield ranges from a maximum of 1.1860% to a minimum of 0.8410%. WeChat Pay's 7-day annualized yield ranges from a maximum of 1.1060% to a minimum of 1.0300%. Alipay's Yu'ebao's 7-day annualized yield ranges from a maximum of 1.0840% to a minimum of 0.9860%.

February 20th - According to NIO-SW (09866.HK), on February 19th, 2026 (the third day of the Lunar New Year), NIO's total battery swap volume reached 165,898 times, setting a new historical record. This marks the third time in the last five days that NIO has broken its historical record.

On February 20th, French Foreign Ministry spokesman Jean-Pierre Comfaeffle stated on the 19th that the European Commission's sending of officials to the so-called "Peace Commission" meeting initiated by the United States was not authorized by the European Council, and that these officials should provide an explanation. Comfaeffle said at a press conference that day that France was "surprised" by the European Commission's participation in the meeting. Comfaeffle stated that the so-called "Peace Commission" must focus on the situation in Gaza, and France cannot participate as long as its scope of responsibilities remains ambiguous.

Market news: Iran and Egypt have reached an agreement to restore full diplomatic relations and reopen their embassies in each other's capitals.

On February 20th, the All-China Federation of Industry and Commerce (ACFIC) and the China Enterprise Confederation (CEC) jointly issued the "Labor Management System for Private Enterprises (Reference Text)," aiming to further guide private enterprises in establishing and improving a modern enterprise system with Chinese characteristics, enhancing their labor management capabilities, and actively building harmonious labor relations. The system comprises twelve chapters, covering the main aspects of the entire labor management process, including general principles, recruitment and hiring, labor contracts, labor dispatch, rest and leave, and wages and benefits. It aims to provide private enterprises, especially small and medium-sized enterprises (SMEs), with a comprehensive, standardized, and referable framework for labor management. Next, the ACFIC and CEC will conduct in-depth publicity, interpretation, and training activities to promote the improvement of private enterprise governance capabilities and build harmonious labor relations.

Indonesian Minister: The trade agreement between Indonesia and the United States will not involve any third-party countries.

Reserve Bank of New Zealand Chief Economist Conway: The Reserve Bank of New Zealand will not act hastily on the issue of raising interest rates.

Reserve Bank of New Zealand Chief Economist Conway: The Reserve Bank of New Zealand will focus closely on inflation.

Goldman Sachs: If measured by call option structures, further diversification of the private sector would pose a significant upside risk to gold price forecasts.

Hang Seng Index futures fell as much as 1% in daytime trading.

As of 09:30 Beijing time, WTI crude oil futures rose 0.27%, while US natural gas futures fell 0.67%.