Key News:
1. Trump announces tariffs on global goods to increase to 15%.
2. Hong Kong Financial Services and Treasury Director Chan Ho-lim: Aiming to expand gold storage in Hong Kong to over 2,000 tons within three years.
Stock News:
1. China Biotechnology Services completes issuance of convertible bonds with a principal amount of US$35 million.
2. CStone Pharmaceuticals-B (02616.HK): Sugemalimab receives Phase III approval from the UK MHRA for a new indication in small cell lung cancer.
3. ZTO Express (02057.HK) announces that it will repurchase 611,300 shares on February 20, 2026, for US$15.4678 million.
4. Kingboard Holdings (00148.HK): Expects net profit to exceed HK$4.32 billion in 2025, an increase of over 165% year-on-year.
5. Alibaba launches Qwen Coding Plan, with new users paying as little as 7.9 yuan per month. 6. Zhipu (02513.HK) issued an apology letter regarding its GLM Coding Plan and announced a compensation scheme.
7. Watsons is reportedly considering acquiring the Australian pharmacy chain Priceline.
8. Since 2026, the Hong Kong stock market has seen over HK$25.4 billion in share buybacks, with Tencent and Xiaomi among the companies making concentrated buybacks.
9. NIO (09866.HK) achieved nearly 176,000 battery swaps in a single day, setting a new record for the fourth consecutive day.
