Concerns about the situation in Eastern Europe eased U.S. stocks to close higher across the board Chinese stocks rose well in the future, up 21%

Financial circles on February 16 news, Russia said that some Russian troops are returning to the base to ease the market's recent concerns about the situation in Eastern Europe, risk assets rebounded, the US stock market maintained a strong upward trend throughout the day, the Dow closed up more than 400 points, the NASDAQ rose more than 2.5%; Chinese education stocks rose in the front, chip stocks, auto stocks mostly strengthened Virgin Galactic surged 31.94%, Liulishuo surged 21.62%, Good Future rose 21.54%, Gaotu rose 20.00%, Manbang rose 15.86%, Jianpu Technology rose 15.53%, 21Vianet rose 15.47%, FF rose 11.76%, Pintec fell 5.51%, 51Talk fell 11.33%; Airbnb fell more than 8% after the market.

As of the close, the Dow Jones rose 422.14 points, or 1.22%, at 34,988.31 points; the S&P 500 rose 69.43 points, or 1.58%, at 4,471.10 points; and the NASDAQ Composite rose 348.84 points, or 2.53%, at 14,139.76.

Gold futures for April delivery on the New York Mercantile Exchange on Tuesday fell $18.30, or 1 percent, to close at $1,851.10 an ounce. Gold futures have risen for seven consecutive trading days, closing on Monday at their highest price since Nov. 17. West Texas Intermediate crude for March deliveries on the New York Mercantile Exchange fell $3.39, or nearly 3.6 percent, to close at $92.07 a barrel. Brent crude oil, the global benchmark on ice European Futures Exchange in April, fell $3.20 to $93.28 a barrel, down 3.3 percent. West Texas Intermediate and Brent crude reported their highest settlement prices since September 2014 on Monday.

Among the online education stocks, Good Future and Liulishuo rose more than 21%, Gaotu rose 20%, Zhangmen Education rose nearly 12%, New Oriental rose more than 11%, and NetEase Youdao rose more than 7%. Among the new energy vehicle stocks, Xiaopeng Automobile and Weilai Automobile rose more than 8%, and Ideal Automobile rose nearly 6%.

Manbang rose nearly 16%, 21Vianet rose more than 15%, Ninth City rose more than 14%, Yunji rose more than 13%, JinkoSolar rose nearly 13%, Tiger Securities rose nearly 12%, Lujin rose more than 10%, Zhihu rose more than 9%, Bilibili, iQiyi, Best Group rose more than 8%, Douyu, Huya, Sohu, Qutoutiao, Yunmi Technology, Luckin Powder single rose more than 7%, Vipshop, Huanju Group rose more than 6%, Wuxin Technology, Jinshan Cloud rose more than 5%, Weibo, Weimei Hologram, Autohome rose more than 4%, Futu Holdings rose nearly 4%, Pinduoduo, Baidu, Alibaba, 51job, Tucson Future rose more than 3%, Ctrip rose nearly 3%, JD.com, Uxin rose more than 2%, Shell and NetEase rose nearly 2%, Tuniu, Renren and Tencent ADR rose more than 1%. 51Talk fell more than 11%, China Network Carrier Line fell nearly 4%, 36Kr fell more than 2%, and Dingdong Buy Vegetables fell more than 1%.

U.S. PPI unexpectedly maintains hot momentum in January The month-on-month increase reached its highest in 8 months

U.S. producer prices rose more than expected in January, suggesting that businesses are still constrained by supply chains and labor shortages, with inflationary pressures persisting. Data released by the Labor Department on Tuesday showed that the Producer Price Index (PPI) rose 9.7 percent year-on-year in January, up 1 percent month-on-month and the biggest increase in eight months. Economists surveyed by the media expected a median increase of 9.1% year-on-year and a month-on-month increase of 0.5%.

The report shows that prices in various categories are generally rising, and as inflationary pressures across the economy rise, the Fed has more reasons to start raising interest rates next month. Transportation bottlenecks throughout 2021, strong demand and labor constraints remain in place this year and could lead to a significant rise in price pressures.

The latest monthly gains suggest that inflationary pressures on producers remain high, which will continue to be transmitted into the final prices of consumer goods and services. Data released last week showed that the Consumer Price Index (CPI) rose more than expected in January, rising year-on-year to a new four-decade high.

Oil prices fell back from a 7-year high as Russia said some troops were withdrawing from the base

Crude oil futures retreated from their highest level since 2014 after Russia said some troops began returning to their base after completing the exercises. Brent futures fell 3.5 percent at one point, and oil prices in the New York market fell. Crude oil prices have been volatile this week, driven by a series of reports about the situation in Ukraine. While the United States had earlier warned that Russia might soon launch an offensive, Russian Foreign Minister Sergei Lavrov said on Tuesday that diplomatic efforts would succeed in defusing the situation. Moscow has repeatedly denied planning an attack.

NATO Secretary-General Stoltenberg said it had not yet seen any signs of a decrease in Russian troops on the Russian-Ukrainian border. Markets pay close attention to every wording from all sides, from gas to metals to global stock markets in response to Russian remarks about the withdrawal.

Warren Patterson, head of commodities strategy at ING, said: "The only real concern in the market at the moment is Russia-Ukraine, and the progress of the situation in this regard is crucial for the direction of prices. ”

Republican senators opposed Raskin's Fed nomination by boycotting the vote

To block Sarah Bloom Raskin's appointment as vice chairman of the Federal Reserve, which oversees regulation, the Republican leader of the Senate Banking Committee effectively halted the committee's vote on five Fed nominees on Tuesday.

"We're looking for answers," Sen. Patrick Toomey said. "I don't think the committee should vote on Raskin's nomination until the basic issues have been fully resolved." Three people familiar with the matter said Toomey has been considering asking Republicans to boycott the banking committee's proposed nomination push-forward vote on Tuesday. He told reporters that a vote was unlikely.

Republicans questioned Raskin's previous role as director of The Retreat Trust — a fintech company that received the Fed's master account during Raskin's tenure as director. The Pennsylvania Republican has also criticized Raskin's views on mitigating the financial risks of climate change. Toomey's actions have left Democrats unable to reach the voting quorum and advance those nominations to the Senate plenum.

Another shock to UK inflation could boost the possibility of a sharp rate hike at the Bank of England

A fourth consecutive shock to uk inflation would be enough to boost expectations of a sharp rate hike from the Bank of England next month. Data scheduled for Wednesday is expected to show that Uk.K. inflation remained at a 30-year high of 5.4 percent last month after prices continued to climb in the country.

Soaring inflation has repeatedly taken economists by surprise. Six times since the Bank of England's 2% target was breached, inflation has exceeded expectations six times, including in the past three months.

Another higher-than-expected inflation would prompt investors to bet that the Bank of England might need to do more. The country's central bank is in the midst of the fastest rate hike in history. The market has absorbed expectations of a benchmark rate hike from the current 0.5% to 2% this year, including a sharp 50 basis point hike in the next two meetings.

Investors bet on the Fed's interest rate hike process The liquidity of the US Treasury market has deteriorated again

Over the past week, the debate over how much and how quickly the Fed will raise interest rates this year has sparked extreme volatility in U.S. Treasury yields, and liquidity in the U.S. Treasury market has deteriorated again. Bloomberg's U.S. Government Securities Liquidity Index — a measure of yield deviation from fair value models — is approaching last year's highs reached in early November. Expectations of a Fed rate hike began to heat up the previous month in early November, with short-term Treasury yields fluctuating sharply in all time.

In the latest round of turmoil, there is a 50 basis point increase in the Fed in March — the Fed typically adjusts interest rates by 25 basis points, causing the 2-year Treasury yield to rise by 21 basis points on February 10, the largest one-day gain since 2009. On the same day, a measure of the expected volatility of U.S. interest rates over the next 12 months reached its highest level since the period of sharp volatility in U.S. stock markets in May 2010.

Apple and the Google App Store will face multibillion-euro class actions

A foundation led by Dutch entrepreneur Alexander Klöping, which is reportedly preparing to file a class-action lawsuit against Google and Apple, is currently convening the plaintiffs. Klopin said Apple and Google are abusing their dominance, charging app developers up to 30 percent commissions on every transaction in their app store. This is unfair, and app developers are forced to pass on this cost to users.

The Foundation, led by Klopin, called the App Store Claims Foundation, said on its website: "Apple and Google have violated competition by excluding competition between the App Store and digital payment systems and charging exorbitant commissions of up to 30 percent on digital purchases made through their app stores." ”

The foundation said dutch consumers have paid a total of about 1 billion euros to the two companies since the launch of apple and Google's app stores. To that end, the foundation is prepared to claim this part of the cost from Apple and Google. "To this end, we will take collective action against Apple and Google to recover the loss for all users of the two app stores," the foundation said. ”

NIO: This year's supply chain still affects delivery, and in April, the ES7 was pushed against the BMW X5L

On February 15, Qin Lihong, co-founder and president of NIO, said at the media communication meeting that in 2022, with the commissioning of the new plant in Hefei Xinqiao, the delivery volume of NIO will go up to a large level. At the same time, he said that the supply of spare parts will still be the ceiling for the delivery of Weilai Automobile, "The supply chain has the final say." ”

Qin Lihong said that with the continuous improvement of the market penetration rate of electric vehicles, electric vehicles are no longer a niche market, and the sales data of different brands of electric vehicles should be compared and viewed from the perspective of different price points and different market segments. From the beginning of its establishment, Weilai benchmarked the BBA (Mercedes-Benz, BMW, Audi), with the development of the electric vehicle industry, it is expected to achieve "a few points of the world" with the BBA in the future.

In addition, Qin Lihong revealed that in 2022, in addition to ET7 and ET5, Weilai will also launch ES7 in April, which is a new model code-named "Gemini" that was previously circulated in the industry. The car is a "large five-seat SUV", also based on the NIO NT2.0 platform, positioned between the existing ES6 and ES8 models, and will benchmark the BMW X5L model that has attracted much attention in the industry this year. This will be NIO's sixth production model.

WEILAI responded to the "deregistration of technology companies": the company did not actually operate and had no impact on the business

In response to the "deregistration of Weilai Automobile Technology Company", Weilai Automobile responded that the company has not actually operated and has no impact on Weilai's business. According to the Tianyancha App, recently, Weilai Automobile Technology Co., Ltd. was cancelled, and the reason for the cancellation was the resolution to dissolve. The company was established in July 2019, with a registered capital of 7 billion yuan, and its business scope includes the wholesale of auto parts, the technical development of new energy vehicles and related parts, etc., and Li Bin serves as the company's legal representative and chairman. Shareholder information shows that the company is jointly held by NEXTEV LIMITED and NEXTEV USER ENTERPRISE LIMITED.

Ideal Auto CTO Wang Kai will leave, and Lianchuang Ma Donghui will take over the power of research and development

3 It was learned from a number of people familiar with the matter that less than two years after joining the company, Wang Kai, CTO of Ideal Automobile, will leave in the near future, which will be the highest level executive left since the establishment of Ideal Automobile. In the company's organizational restructuring at the end of January, wang Kai's businesses, such as autonomous driving, computing power platforms and LiOS (operating system), have been handed over to Ma Donghui, co-founder and chief engineer of Ideal Automobile.

From the perspective of the business reporting process, after the structural adjustment, Ma Donghui will be fully responsible for the research and development of the ideal car, electric power, cockpit, intelligent driving, computing power platform, electronic and electrical architecture, LiOS, etc., becoming the "CTO" in the substantive sense. "Wang Kai doesn't care much about business anymore." A source told 36Kr. In response to the above information, Ideal Auto told 36Kr: No comment.

Luckin internal letter: About 360 stores were added in January, and the Spring Festival Golden Week transaction increased by 3 times year-on-year

On February 15, Guo Jin, chairman and CEO of Luckin Coffee, released an internal letter to Luckin's 20,000 employees, showing that in January this year, Luckin opened a total of about 360 stores, refreshing the record of the total number of stores opened by Luckin in a single month. The volume of store transactions during the Spring Festival Golden Week was 3 times that of the same period last year. In 2021, Luckin's performance achieved steady growth, and the expansion of stores entered the stage of high-quality and refined operation, and a total of 113 new ready-made drinks were launched throughout the year.

In an internal letter, Guo Jinyi said that like Gu Ailing's fighting spirit of "pressure can be turned into a positive force to meet challenges", Luckin has also turned the "boulder" of the top into a "ladder" to the top in the past two years.

Luckin Coffee has "completed its offshore debt restructuring and is nearing the end of its liquidation in Cayman, fulfilling its settlement agreement with the U.S. Securities and Exchange Commission (SEC), and Luckin has opened a new chapter." ”

Dingdong buy vegetable Q4 loss narrowed to 1.034 billion yuan Prefabricated vegetable GMV reached 900 million yuan

On the evening of February 15, Dingdong Buy Released the fourth quarter performance report showing that its current revenue was 5.48 billion yuan, an increase of 72.0% year-on-year. Revenue for 2021 was RMB20.12 billion, an increase of 77.5% year-on-year, gross margin was 27.7%, and Non-GAAP net loss was approximately RMB1,034.1 million, compared to RMB1,238.8 million in the same period last year.

According to the financial report, the GMV of Dingdong Grocery increased to RMB6.004 billion in the fourth quarter of 2021, an increase of 59.6% year-on-year; the total number of orders completed in the fourth quarter of 2021 was 100.1 million yuan, an increase of 63.1% year-on-year. In the field of prepared dishes with high market attention in the fourth quarter of 2021, Dingdong revealed that the GMV has reached 900 million yuan. At the same time, Dingdong Buy Food announced that the Shanghai region achieved overall profitability in December, and the entire Yangtze River Delta region achieved UE correction in the quarter.

Japanese media: TSMC's investment in the Japanese plant project will increase to 1 trillion yen

The Nikkei Shimbun reported on February 15 that TSMC has decided to increase its investment in its first plant project in Japan to about 1 trillion yen, enabling it to produce chips for a variety of high-tech products, including self-driving cars. The project is jointly implemented by sony group and will also be involved in the project by denso, a major automotive supplier.

This article originated from the financial world