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Hong Kong-listed AI intelligent body concept stocks saw further declines, with Zhipu (02513.HK) falling more than 7%, and MiniMax (00100.HK) and Xunze (03317.HK) once falling more than 4%.

Dubai World Ports: In light of the evolving regional security situation, vessel traffic into Jebel Ali Port has been temporarily reduced.

Dubai World Ports: Jebel Ali Port remains fully operational, with no damage to its infrastructure.

Fitch: The Gulf Cooperation Council bond issuance market is relatively quiet against the backdrop of the Middle East war; fundamentals remain solid; emerging markets have been affected.

According to the Financial Times, major EU economies are seeking to strengthen single market regulation.

The Russian Ministry of Defense announced on the 11th that Ukraine used drones to attack a compression station in Russia that supplies gas to the TurkStream and Blue Stream natural gas pipelines.

On March 12, Sunshine 100 China (02608.HK) announced on the Hong Kong Stock Exchange that on March 6, 2026, Haitong International Financial Services Limited and Haitong International Financial Products Limited (collectively, the Petitioners) filed a winding-up petition against the company with the High Court of the Hong Kong Special Administrative Region regarding the unpaid redemption price of US$205,019,142.44 (including accrued interest) as of March 19, 2025. The petition will be heard at the High Court at 10:00 a.m. on Wednesday, May 20, 2026. The company received the petition on March 10, 2026.

Fitch: Mortgage growth in the Asia-Pacific region will slow in 2026; limited impact on covered bonds.

On March 12, Nvidia released a 22-minute video showing Nvidia CEO Jensen Huang and Nvidia Automotive Vice President Xinzhou Wu traveling together in an autonomous vehicle to San Francisco. The process utilized Nvidia's full-stack autonomous driving software platform, DRIVEAV, and no human intervention was required.

On March 12th, Phillip Nova analyst Priyanka Sachdeva stated in a report that the International Energy Agency's (IEA) plan to release 400 million barrels of strategic petroleum reserves to alleviate supply disruptions could take weeks or months to reach buyers. The analyst noted that this amount would barely cover the 30-day supply loss caused by the turmoil in the Strait of Hormuz. She added that the war risk premium for oil is rising, effectively pushing up oil prices even if physical supplies continue. Furthermore, the attack on two oil tankers at an Iraqi port has exacerbated market concerns that oil prices will hover above $100 per barrel.

March 12th, Futures News: Economies.com analysts' latest view: Brent crude oil futures surged, breaking through the current resistance level of $93.00. In our previous analysis, this resistance level represented an expected target, as the main upward trend dominated in the short term, and the Relative Strength Index (RSI) also showed positive signals. Furthermore, Brent crude oil prices are trading above the 50-day moving average, finding dynamic support, which enhances the likelihood of a continuation of its short-term upward trend.

March 12th, Futures News: Economies.com analysts' latest view: WTI crude oil futures surged, successfully breaking through the $90 resistance level, which was our target price set in previous analysis. The Relative Strength Index (RSI) issued a positive signal, further strengthening the buying momentum and supporting this rise. As the price is trading above the EMA50, it continues to benefit from dynamic support, which strengthens the strength and stability of the main short-term uptrend and supports the possibility of further gains in the near future.

U.S. State Department: The U.S. Embassy in Muscat has lifted the asylum order for the entire country of Oman.

March 12th, Futures Market News: Zhengzhou rapeseed meal futures opened higher but then fluctuated downwards. Canadian canola futures closed higher, with the benchmark contract rising 1.83%, following the strength of international crude oil futures. Rapeseed meal spot prices continued to rise slightly. The price increase was mainly due to external factors, while the fundamentals have not improved. In the short term, prices will continue to fluctuate mainly in line with market movements.

On March 12, Swire Properties (01972.HK) announced on the Hong Kong Stock Exchange that Long Yanyi has resigned as Managing Director and Chief Financial Officer of the company due to retirement from the Swire Group; Shi Shihua will succeed Long Yanyi as Chief Financial Officer upon her retirement and has been appointed as Managing Director; Ma Tianwei will no longer serve as a Non-Executive Director to focus on other businesses of the Swire Group. He will no longer serve as a member of the Audit Committee, but will continue to participate in the committee as an observer. Cen Mingyan has been appointed as a Non-Executive Director and a member of the Audit Committee. These resignations and appointments will take effect upon the conclusion of the Company's 2026 Annual General Meeting to be held on May 12, 2026.

Israel Defense Forces: Missile defense system successfully countered Iranian threat.