Key News
1. U.S. Department of Energy: Plans to release 172 million barrels of oil from reserves within 120 days.
2. U.S. initiates Section 301 investigations against 16 trading partners, including the EU.
3. IEA now projects oil supply will increase by 1.1 million barrels per day this year, a significant downward revision from the previous forecast of 2.4 million barrels per day.
4. U.S. initial jobless claims for the week ending March 7 were 213,000, below the expected 215,000, and the previous figure was revised from 213,000 to 214,000.
Stock News
1. Xunlei (XNET) reports 2025 revenue of US$462.4 million, a year-on-year increase of 42.5%.
2. Futu Holdings (FUTU.O) reports 2025 revenue of HK$22.85 billion, a year-on-year increase of 68.1%.
3. Tesla (TSLA.O) receives approval to enter the UK electricity retail market, aiming to replicate its Texas model.
4. Li Auto (LI.O) reported a net profit of RMB 20.2 million in Q4 2025, a year-on-year decrease of 99.4%.
5. EHang (EH.O) released its fiscal year 2025 results: total revenue reached a record high of RMB 509.5 million.
6. Market news: Palantir and Nvidia (NVDA.O) have joined forces to create a reference for a sovereign AI operating system.
7. Tech journalist Gurman: Apple (AAPL.O) is about to launch a foldable iPhone with an iPad-like layout.
8. Honda Motor (HMC.N) expects its fiscal year ending in March to end with a loss between ¥270 billion and ¥570 billion.
9. According to the Wall Street Journal: Tesla's (TSLA.O) Cybercab rolled off the production line at its Austin plant last month, and mass production of Cybercab will begin in April.
