Morning Report

Saturday, February 14, 2026, Lunar Calendar December 27, Good Morning!

1. People's Bank of China: As of the end of January 2026, the total social financing stock was 44.911 trillion yuan, a year-on-year increase of 8.2%. The broad money (M2) balance was 34.719 trillion yuan, a year-on-year increase of 9.0%.

2. Multiple regions issue pre-holiday notices requiring takeout 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 saw a narrowing 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: will invest 22 billion yuan over the next five years to build 150,000 "Brother Home" stations, and spent 1.3 billion yuan on welfare during the 9-day Spring Festival holiday.

6. Wuhan: Citizens who report illegal fireworks and firecracker activities can receive a "carbon reward"; three citizens have already received "carbon reward" bus cards.

7. Shenzhen: It is prohibited to illegally conduct gold reservation pricing transactions, leverage trading, deferred trading, and other illegal gold trading activities.

8. Yu Donglai: Pang Donglai "will never go public"; top management must step down before age 60! In 2025, employee turnover rate was only 1.05%.

9. Four hikers illegally entered the high-risk undeveloped area around 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 January oil imports 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. has ordered 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.