Morning Report

Saturday, February 14, 2026, Lunar Calendar December 27, Good Morning!
1. Central Bank: As of the end of January 2026, the total social financing stock was 44.911 trillion yuan, an increase of 8.2% year-on-year. The broad money (M2) balance was 34.719 trillion yuan, up 9.0% year-on-year.
2. Many regions issue pre-holiday directives requiring food delivery platforms to stop "involution-style" competition: they must not prioritize share growth as the highest goal and continue subsidies indefinitely.
3. January housing prices in 70 cities released: second-hand home prices in various tiers of cities narrowed their month-on-month decline, with Yangzhou and Zhanjiang turning to increase.
4. ByteDance's image creation model Seedream 5.0 Lite launched, supporting online retrieval for the first time.
5. JD.com announced: In the next five years, invest 22 billion yuan to build 150,000 "Brother Homes," and spend 1.3 billion yuan on welfare during the 9-day Spring Festival holiday.
6. Wuhan: Reporting illegal fireworks and firecracker activities can earn "carbon rewards," with three citizens already receiving "carbon reward" public transportation cards.
7. Shenzhen: It is prohibited to illegally conduct gold reservation pricing, leverage trading, deferred trading, and other illegal gold trading activities.
8. Yu Donglai: Pang Donglai "will never go public," and top management must step down before age 60! In 2025, employee turnover was only 1.05%.
9. Four hikers illegally entered the high-risk undeveloped area of Yubeng Sacred Lake in Yunnan and got trapped. Police: They have been rescued, and all rescue costs are self-funded.
10. NATO defense ministers' meeting held, announcing a new round of $35 billion aid to Ukraine.
11. For the first time in 10 years, Cuba's oil imports in January dropped to zero, and fuel rationing will be implemented! Russia will assist Cuba with a batch of crude oil and fuel.
12. The U.S. orders the deployment of a second aircraft carrier to the Middle East! Trump again threatens Iran: an agreement must be reached, or the consequences will be very serious.