EUR/USD
1.18647
0.102%
Gold
4710.88
-2.821%
Oil
61.895
-5.487%
USD/JPY
154.792
0.024%
GBP/USD
1.37085
0.189%
GBP/JPY
212.200
0.213%
Real-time News
February 2nd - The 2026 Spring Festival travel rush has officially begun. According to China Railway Shenyang Group Co., Ltd., the company expects to transport 24 million passengers during the Spring Festival travel rush, averaging 600,000 passengers per day, a 3.7% increase compared to the 2025 Spring Festival travel rush.The South African government announced that retail petrol prices will be reduced by 65 cents per liter in February.S&P: Indias general government fiscal deficit is likely to gradually decrease from 7.3% of GDP to 6.6% of GDP by fiscal year 2026.On February 2nd, Wang Li of Great Wall Fund stated that the disclosure of 2025 performance by A-share listed companies has entered a peak period. The fourth quarter of 2025 is characterized by a rising central point for new economic growth and a broadening of positive indicators: economic transformation will accelerate in the fourth quarter. Although the divergence between the old and new economies will continue, the central point for new economic growth will shift significantly upward, spreading from AI to more sectors such as overseas expansion, resource products, and service consumption. AI and overseas expansion will continue to drive the rise in the central point of emerging technology growth, while most pro-cyclical sectors will benefit from price increases due to supply constraints and downstream demand transformation. Attention can be paid to low-crowding, lagging sectors such as electronics, overseas manufacturing, and insurance, where profit expectations have been revised upward. Current trading regulations have significantly suppressed short-term speculative sentiment, and subsequent ETF redemptions are expected to narrow, potentially leading to market stability. External disturbances are likely to bring downward pressure on previously popular sectors, thereby putting downward pressure on the index.February 2nd - On February 2nd, China Construction Bank (CCB) signed agreements to support the first batch of acquisitions of second-hand homes in Shanghai for use in affordable rental housing projects. This marks the substantial launch of Shanghais efforts to acquire second-hand homes for affordable rental housing. At the signing ceremony, relevant branches of CCB Shanghai Branch signed cooperation agreements with public rental housing companies in the three pilot districts of Pudong New Area, Jingan District, and Xuhui District, providing financial support for the acquisition work. It is understood that Pudong New Area prioritizes second-hand homes within the inner ring road, built before 2000, with a single unit area of less than 70 square meters and a total price not exceeding 4 million yuan, featuring clear property rights. Jingan District focuses on moderately priced, clearly defined small-unit second-hand homes, adopting a strategy of primarily area-based rental collection supplemented by scattered acquisitions. Xuhui District is exploring the acquisition of existing small-unit homes through the districts affordable housing company, renovating and configuring them according to relevant standards before supplying them as affordable rental housing.
