Sources indicate that the CME Group is exploring the launch of the world's first rare earth futures contract. The Intercontinental Exchange (ICE) is also researching rare earth futures, but its plans are not as advanced as CME's.

A-share rare earth permanent magnet stocks fluctuated higher, with Wanlang Magnetic Plastics hitting the daily limit, Northern Rare Earth rising over 6%, and Beikuang Technology, Jinli Permanent Magnet, Galaxy Magnetics, and China Rare Earth following suit. In related news, Premier Li Qiang visited the Ganjiang Innovation Research Institute of the Chinese Academy of Sciences and relevant rare earth enterprises from February 9th to 10th to learn about the progress of rare earth research and the transformation of research results, toured production lines and products, and held discussions with enterprise and research institution leaders.

Key News 1. The People's Bank of China: Will continue to implement a moderately loose monetary policy. 2. MSCI China Index Adjustment: 37 new stocks, including silver and non-ferrous metals, have been added. 3. The National Development and Reform Commission issued implementation opinions on accelerating the promotion and application of artificial intelligence in the bidding and tendering field. 4. The European Commission accepted Volkswagen's price commitment for its China-made pure electric vehicles. 5. Bank of China: The margin ratio for its gold deferred contract clients has been adjusted from 47.52% to 55.44%. 6. Five departments, including the Ministry of Industry and Information Technology: Strengthen the integration and innovation of low-altitude equipment and low-altitude information communication, and promote the compatibility verification of 5G/5G RedCap modules with low-altitude aircraft. Individual Stock News 1. SMIC: Q4 net profit was RMB 1.223 billion, a year-on-year increase of 23.2%. 2. Jiaming Packaging (2 limit-up days in 4 trading days): If the stock price continues to rise abnormally in the future, it may apply to the Shenzhen Stock Exchange for a trading suspension for investigation again. 3. Hengdian Film & Television (7 limit-up days in 9 trading days): The box office performance of the three Spring Festival films, including "Pegasus 3," remains uncertain. If the stock price rises abnormally further, the company may apply for a trading suspension for investigation. 4. Dawei Technology (2 consecutive limit-up days): The Zhangbei Data Center project does not involve computing power leasing business. 5. Yangtze Optical Fibre and Cable: Currently, the quantity of fiber optic cable products used for data center internals and interconnections accounts for a small proportion of the total global market demand. 6. China Tungsten High-Tech: Plans to implement a project to add 30 million PCB drill rods per year, costing 145 million yuan. 7. Runtu Shares: Due to the uncertainty of the sustainability of disperse dye price fluctuations, the impact on the company's performance cannot be predicted at this time. 8. Liande Shares (2 consecutive limit-up days): Currently, the gas turbine business has only achieved small-batch supply, with limited impact on performance.