The U.S. commercial inventory monthly rate for January and the NAHB housing market index for March will be released in ten minutes.

Before the U.S. stock market opened, Tesla (TSLA.O) fell 1.2%, Meta Platforms (META.O) and Intel (INTC.O) fell more than 0.6%.

Important news 1. Li Chunlin, National Development and Reform Commission: The consumption promotion document first mentioned stabilizing the stock market and the property market, and strived to make the people more confident in consumption. 2. Li Chunlin, National Development and Reform Commission: Relevant functional departments are actively stepping up the formulation of supporting policies such as childcare subsidies and labor wages. 3. People's Bank of China: Research and create new structural monetary policy tools to increase low-cost funding support in key consumption areas. 4. Ministry of Finance: This year, the policy of interest-free and deferred repayment of national student loans will continue to be implemented, and free preschool education will be gradually implemented. 5. Li Gang, Ministry of Commerce: Timely investigate and deal with illegal behaviors such as false transactions, repeated applications, and multiple sales of one machine, and resolutely maintain market order. 6. China Academy of Information and Communications Technology: In January, the domestic market shipped 27.243 million mobile phones, a year-on-year decrease of 14.3%. 7. WeChat public platform: Tiered treatment will be taken for unqualified and illegal stock recommendations, etc., up to account ban penalties. Stock news 1. WuXi AppTec: Net profit in 2024 decreased by 1.63% year-on-year, and it is planned to pay 9.8169 yuan for every 10 shares. 2. Yuanxing Energy: Planned maintenance will not affect the annual production operation plan. 3. Yonghui Supermarket: The company plans to formally establish a reform leadership group, and director Zhang Xuanning expressed opposition due to the CEO's arrangement. 4. BYD released megawatt flash charging: the highest charging rate is 10C, and the maximum charging power is 1000kw. 5. Shenghong Technology: A variety of high-end HDI, high-frequency and high-speed PCB and other AI server-related products have achieved mass production and delivery. 6. Changsheng Bearing: The upper limit of the repurchase price of shares will be adjusted to 128.50 yuan/share.