GuShiio.com ① Wu Qing: Protecting the legitimate rights and interests of investors is the primary task of securities supervision.
② Ministry of Industry and Information Technology: All three basic telecommunications companies are fully connected to the DeepSeek open source model.
Financial News Agency, February 9, important news this weekend includes: the China Securities Regulatory Commission issued and implemented the “Implementation Opinions on the Capital Market’s Five Major Articles on Doing a Good Job in Finance”; Wu Qing: Protecting the legitimate rights and interests of investors is the top priority of securities supervision; Ministry of Industry and Information Technology: All three basic telecommunications companies are fully connected to the DeepSeek open source model; Trump: DeepSeek will not pose a threat to national security and the United States will benefit from it.
Macro and Market Highlights
Xi Jinping: Deeply implement the strategic plan to promote the comprehensive revitalization of Northeast China in the new era and show greater achievements in China’s modernization drive
When listening to the work report of the Jilin Provincial Party Committee and the Provincial Government, Xi Jinping, General Secretary of the CPC Central Committee, President of the State, and Chairman of the Central Military Commission, emphasized that Jilin must thoroughly implement the Party Central Committee’s strategic deployment on promoting the comprehensive revitalization of Northeast China in the new era and firmly grasp the Northeast’s role in safeguarding the country.”The important mission of” Five Security “, insist on putting development based on high-quality development, completely and accurately implement the new development concept, actively serve and integrate into the new development pattern, and further comprehensively deepen reform and opening up. Seize the opportunity, take advantage of the momentum, have the courage to innovate, work hard, and show greater achievements in China’s modernization drive.
Regarding the “five big articles” on the capital market to do a good job in finance, the China Securities Regulatory Commission has issued major measures
On February 7, the China Securities Regulatory Commission issued the “Implementation Opinions on the” Five Major Articles “of Capital Markets for Doing a Good Job in Finance” and proposed 18 policy measures. The “Implementation Opinions” focus on supporting the development of new productive forces, highlight deepening the comprehensive reform of investment and financing in the capital market, enhance institutional inclusiveness and adaptability, and promote factor resources to major strategies and key areas such as scientific and technological innovation, advanced manufacturing, green and low-carbon, and inclusive people’s livelihood. Areas and weak links gather. The “Implementation Opinions” mentioned that greater efforts should be made to support the issuance and listing of technology-based enterprises that break through key core technologies in new industries, new business formats and new technology fields; and the scope of long-term stock investment pilots for insurance funds should be expanded.
Zhou Xiaozhou, spokesperson of the China Securities Regulatory Commission, responded to reporters ‘questions on the “Implementation Opinions on the” Five Major Articles on Improving Finance in the Capital Market “and said that he supports the issuance and listing of high-quality technology-based enterprises and optimizes systems such as mergers and acquisitions, and equity incentives for technology-based listed companies. Open up obstacles for medium-and long-term funds such as social security, insurance, and financial management to enter the market, and accelerate the advancement of digital and intelligent empowerment of the capital market. Enhance the inclusiveness and adaptability of the capital market system and increase the intensity of investment-side reforms.
National Bureau of Statistics: Consumer prices rose 0.5% year-on-year and 0.7% month-on-month in January
Data from the National Bureau of Statistics show that in January 2025, national consumer prices rose by 0.5% year-on-year and 0.7% month-on-month. In January, the ex-factory prices and purchase prices of industrial producers across the country fell by 2.3% year-on-year, the same declines as the previous month; both fell by 0.2% month-on-month.
Wu Qing: Protecting the legitimate rights and interests of investors is the primary task of securities supervision
On February 7, Wu Qing, Secretary of the Party Committee and Chairman of the China Securities Regulatory Commission, went to the Securities Business Department to investigate the investor education base and presided over an investor symposium. Wu Qing emphasized that investors are the foundation of the market, and protecting the legitimate rights and interests of investors is the primary task of securities supervision. The China Securities Regulatory Commission will insist on asking for needs, plans, and questions from the market, firmly grasp the basic market situation that small and medium investors account for the vast majority, continue to strengthen communication with all types of investors, respond to investors ‘concerns in a timely manner, and further Promote listed companies to enhance their awareness and ability to repay investors, continuously improve the long-term mechanism for investor protection, severely crack down on all types of illegal activities that infringe on the legitimate rights and interests of investors, pursue them to the end, and strive to create more standardized financing. Investing in a more secure market ecological environment will push the high-quality development of the capital market to a new level.
China-Thailand Joint Statement: Zero tolerance for cross-border crimes will establish a coordination and cooperation mechanism as soon as possible to effectively combat online gambling and fraud
The joint statement of the Government of the People’s Republic of China and the Government of the Kingdom of Thailand on facing the future, putting the people at the center, strengthening the comprehensive strategic cooperative partnership, and promoting the construction of a more stable, more prosperous and more sustainable China-Thailand community with a shared future was released to the public. The two sides emphasized that under regional cooperation mechanisms such as bilateral and Lancang-Mekong Cooperation, we should strengthen the fight against cross-border crimes such as human trafficking, telecommunications and network fraud, drug smuggling, illegal online gambling, and money laundering with a resolute attitude of zero tolerance, and carry out joint Mekong patrol law enforcement operations. The two sides will further discuss establishing an appropriate coordination and cooperation mechanism as soon as possible to effectively combat online gambling and fraud.
industry news
Ministry of Industry and Information Technology: All three basic telecommunications companies are fully connected to DeepSeek open source model
The Operation Monitoring and Coordination Bureau of the Ministry of Industry and Information Technology released relevant information on the communication business during the Spring Festival of 2025. During the Spring Festival of 2025, the communications industry network will operate smoothly and safely, communication services will be improved and optimized, domestic mobile data traffic will achieve rapid growth, international inbound and outbound roaming services will perform well, and AI empowerment will become an important direction for innovative services. Vigorously promoting the inclusive application of the latest AI technology, the three basic telecommunications companies have fully connected to the DeepSeek open source model to realize application in multiple scenarios and multiple products. They provide exclusive computing power solutions and supporting environments for the popular DeepSeek-R1 model to help domestic large model performance release.
Chen Xiaopeng, former director of the Shenzhen Securities Regulatory Bureau, was expelled from the Party: seriously damaging the image of securities supervision and seriously polluting the ecology of the capital market
Chen Xiaopeng, former director of the Shenzhen Securities Regulatory Bureau, was expelled from the party. After investigation, Chen Xiaopeng lost his ideals and beliefs, abandoned his original mission, and his views on power and money were extremely distorted. Greed, addicted to corruption, and rampant power have seriously tarnished the image of securities supervision and seriously polluted the ecology of the capital market. They are typical examples of new and hidden corruption.
Central Bank: China’s foreign exchange reserves increased by US$6.679 billion month-on-month at the end of January, increasing its holdings of gold for three consecutive months
China’s foreign exchange reserves at the end of January were US$3.209 trillion, a month-on-month increase of US$6.679 billion; China’s gold reserves at the end of January were 73.45 million ounces, an increase of 160,000 ounces month-on-month, marking the third consecutive month of increasing its holdings of gold.
State Administration of Financial Supervision: Carry out pilot projects for insurance funds to invest in gold business
The State Financial Supervision Administration issued the “Notice on Carrying out the Pilot Project of Insurance Funds Investing in Gold Business”, and the pilot project of insurance funds investing in gold business will be launched from the date of issuance of the “Notice”. In terms of pilot content, the “Notice” defines the business scope and investment method of pilot investment in gold, and identifies 10 pilot insurance companies.
Two departments: In principle, all on-grid electricity from new energy projects enters the electricity market and the on-grid electricity price is formed through market transactions
The National Development and Reform Commission and the National Energy Administration issued the “Notice on Deepening the Market-oriented Reform of On-grid Tariffs of New Energy to Promote the High-quality Development of New Energy.” It proposes to promote new energy on-grid electricity to participate in market transactions. In principle, all on-grid electricity from new energy projects (wind power, solar power generation) enters the electricity market, and on-grid electricity prices are formed through market transactions. New energy projects can be quoted in the transaction, and prices formed by the market can also be accepted. For new energy electricity participating in cross-provincial and cross-regional transactions, on-grid tariffs and trading mechanisms are implemented in accordance with relevant policies for cross-provincial and cross-regional power transmission.
Ten departments jointly issued the “Measures for the Management of Military Information Dissemination on the Internet”, which will come into effect on March 1
Ten departments including the Ministry of Industry and Information Technology jointly issued the “Measures for the Management of Internet Military Information Dissemination”. The “Measures” consist of 5 chapters and 30 articles, focusing on engaging in Internet military information dissemination activities, opening Internet military website platforms, military columns on website platforms, military accounts, and regulating the implementation of supervision and management of Internet military information dissemination, and will come into effect from March 1.
“Nezha 2” enters the top 40 global box office list
According to online platform data, the cumulative box office (including pre-sales) of “Nezha: The Devil Boy in the Sea” exceeded 7.809 billion yuan, surpassing the box office results of “Star Wars: The Rise of Skywalker” and becoming the first Asian film to enter the top 40 global box office list.
company news
Ali responds to $1 billion investment in DeepSeek: fake news
In response to rumors that Ali invested in DeepSeek, Ali’s public relations official denied this. The person in charge said that we applaud DeepSeek, both of them are Hangzhou companies in China, but the information circulated by the outside world that Ali invested in DeepSeek is false news.
LONGi Green Energy: The subsidiary won the bid for the largest single centralized BC project in China with a winning amount of 371 million yuan
LONGi Green Energy announced that recently, LONGi Leye Photovoltaic Technology Co., Ltd., a wholly-owned subsidiary of the company, received a notice of winning the project. Relying on its leading edge in BC second-generation technology, LONGi Leyye successfully won the bid for the largest single centralized BC project in China, with a winning bid scale of 500WM and a winning bid amount of 371 million yuan. The project will use BC second-generation technology component products independently developed by the company, with a maximum power of 660W and a corresponding conversion efficiency of 24.43%.
Guotai Junan: A-share stocks will resume trading on February 10, 2025
Guotai Junan announced that as the company has published the declaration results of dissenting shareholders ‘takeover claims, trading of the company’s A-share shares will resume when the market opens on February 10, 2025.
Haitong Securities: The company filed an application for termination of listing
Haitong Securities announced that the company plans to issue A shares to all A-share conversion shareholders and H shares to all H-share conversion shareholders. Matters related to the fundraising of China shares have been reviewed and approved by the company’s shareholders ‘meeting and approved by the China Securities Regulatory Commission. In accordance with relevant regulations, the company has submitted an application to the Shanghai Stock Exchange to voluntarily terminate the listing of A-shares. The company will publish relevant announcements after accepting the application by the Shanghai Stock Exchange, and publish an announcement to terminate the listing after approval by the Shanghai Stock Exchange. For the arrangements for terminating the listing of H-shares, please refer to the company’s announcement published on the website of the Stock Exchange of Hong Kong.
Opmer: Plans to purchase 100% equity of Pengli Biotech to resume trading
Opmer announced that the company plans to acquire 100.00% equity of Pengli Biomedical Technology (Shanghai) Co., Ltd. held by 31 counterparties by issuing shares and paying cash, and raise matching funds. Trading in the company’s shares is planned to resume when the market opens on February 10, 2025. The target company is a company that specializes in providing CRO services for biomedical preclinical research and has international service capabilities.
Fulin Seiko: Signed the “Investment Cooperation Agreement on Humanoid Robot Application Project” with Zhiyuan Robot and others
Fulin Seiko announced that the company has signed the “Humanoid Robot Application Project Investment Cooperation Agreement” with Shanghai Zhiyuan Xinchuang Technology Co., Ltd.(Zhiyuan Robot), Superstar New Materials, Wen Hongjie, and Sichuan Anu Chuangxiang Intelligent Technology Partnership (Limited Partnership).
Overseas news
Trump: DeepSeek will not pose a threat to national security, and the United States will benefit from it
China’s artificial intelligence company DeepSeek recently released an open source model that has attracted attention. According to US Newsmax News Network and other media reports, US President Trump told reporters on the 7th local time that he believed that DeepSeek would not pose a threat to national security and that the United States could ultimately “benefit” from the startup’s artificial intelligence (AI) innovation.
Suspension of taxation White House restores duty-free treatment for small parcels in China
U.S. President Trump signed a new executive order on Friday that will temporarily continue to allow low-cost product packages from China to enter the United States duty-free until the Commerce Department “establishes adequate systems to fully and promptly process and collect tariff revenue.” This latest executive order temporarily overturns some provisions of his decision to impose tariffs on China last Saturday (February 1).
Trump: Will announce next week that “reciprocal tariff” measures will apply to all countries
When U.S. President Trump met with visiting Japanese Prime Minister Shigeru Ishiba on February 7 local time, he said that reciprocal tariff measures would be announced next week. The relevant tariff measures would apply to all countries. The news may be released “next Monday or Tuesday.”
The three major U.S. stock indexes collectively closed down. Amazon hit its biggest one-day decline since December 18 last year
The three major U.S. stock indexes collectively closed down on Friday, with the Nasdaq falling 1.36%, down 0.53% this week; the Dow falling 0.99%, down 0.54% this week; the S & P 500 Index falling 0.95%, down 0.24% this week. Most large technology stocks fell, with Amazon falling more than 4%, the largest one-day decline since December 18 last year; Tesla and Google fell more than 3%, Apple fell more than 2%, Microsoft and Intel fell more than 1%, and Netflix fell slightly; Nvidia and Meta rose slightly. Among them, Tesla fell nearly 11% this week, the largest decline since October last year.
Trump announced immediate cancellation of Biden’s access to confidential information
U.S. President Trump announced on the 7th that he would immediately cancel former President Biden’s access to confidential information and stop his daily intelligence briefings.
