Two sources said Saudi Arabia is developing plans to boost oil production and significantly increase exports in the short term should the U.S. launch a strike against Iran.

British Trade Secretary Peter Keill: We believe tariffs are a lose-lose situation.

Key News 1. The People's Bank of China (PBOC) increased short- and medium-term liquidity injections, conducting 600 billion yuan of Medium-term Lending Facility (MLF) operations. 2. The Ministry of Commerce stated that China is willing to conduct candid consultations with the US in the upcoming 6th round of China-US economic and trade consultations. 3. The State Council Executive Meeting announced plans to further unleash the consumption demand of the silver economy and create a number of new consumption scenarios and formats for the silver economy. 4. DJI sues the US Federal Communications Commission (FCC). 5. China adds 20 Japanese entities to its export control list; the Ministry of Foreign Affairs responds. Stock News 1. Changxin Bocheng: Plans to acquire 93.81% equity in Shanghai Honghui Optoelectronics Communication Technology Co., Ltd., expanding its upstream position in the optical communication industry chain. 2. Sugon: Net profit of 2.113 billion yuan in 2025, a year-on-year increase of 11%. 3. Enlight Media: The cumulative box office revenue of the film "Pegasus 3" is approximately 2.926 billion yuan, and the company's operating revenue from the film is approximately 43 million to 53 million yuan. 4. Bona Film Group, which co-invested in the film "Pegasus 3," topped the box office during the Spring Festival, but its stock price plummeted. Bona Film Group responded that this was due to a gap between market expectations and reality. 5. Jiaze New Energy: Its green chemical business is still in its initial stage and does not yet meet the conditions for commercialization. 6. Tongwei Co., Ltd.: Plans to acquire 100% equity of Lihao Qingneng; its stock has been suspended from trading since February 25th. 7. Dongyangguang: Plans to acquire control of Dongshu No. 1, the latter being an entity established to acquire Qin Huai Data. 8. Baida Precision: Revenue from its robotics business accounts for a very small proportion of the company's operating revenue. 9. Kaipeiyun: Terminated the acquisition of 100% equity of storage company Nanning Taike, which focuses on producing high-end storage products. 10. Wens Foodstuff Group: Net profit in 2025 decreased by 44% year-on-year, due to a significant year-on-year decrease in hog sales prices, resulting in a year-on-year decrease in profits from its hog farming business.