Myanmar authorities transferred six leaders of a telecom fraud group to Chinese law enforcement. Multiple payment firms were fined for legal violations.
Economics and Finance:
The China Manufacturing Purchasing Managers Index (PMI) rebounded, with the January PMI for the manufacturing sector at 49.2%, a rise of 0.2 percentage points from the previous month.
The IPO industry chain is widely questioned by investors, with some brokerages suspected of sponsoring the listing of substandard assets.
Saudi Aramco has cancelled its oil and gas drilling expansion plans, causing a significant drop in European oil and gas exploration stocks.
European Central Bank President Lagarde warns against the threat of "Trump 2.0" and suggests strengthening the European financial markets.
Financial Markets:
The Dow Jones Industrial Average reached record highs for the second consecutive day, driven by strong quarterly results from major tech companies and data from the US labor market.
Over a thousand A-share companies have disclosed their performance forecasts for 2023, with the total number of companies having announced their annual performance forecasts exceeding 2700.
Six payment companies including Yinshe Payment, Guotong Xingyi, Qian Dai Bao Payment, Wangfujing Payment have been fined by the central bank for violations of laws and regulations.
Corporate Performance:
Microsoft's second fiscal quarter revenue and intelligent cloud income exceeded expectations, particularly in terms of growth in the cloud computing sector.
Google's fourth-quarter earnings fell short of expectations, with its share price falling more than 4% in after-hours trading.
AMD's performance exceeded expectations amid accelerated demand for high-end chips.
Social Events:
Myanmar police have extradited 6 leaders of a telecommunication fraud gang and another 4 major criminal suspects to the Chinese public security organs, who were successfully escorted back to China on Tuesday evening.
In the event of the "a 3-billion-yuan quant private fund," Mao Wei, the actual controller of Panjing Investment, was taken away by the police.
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