China

  • By 2025, the social football field will be fully open

Company

  • Sinopharm Group: In 2021, the production capacity of Sinopharm China’s bio-new crown inactivated vaccine will be at the level of 1 billion doses, which can fully supply the market. The new crown vaccine suitable for people aged 3-17 will also be put into use soon, and the new crown recombinant protein vaccine being developed is about to enter the clinical trial stage. The new crown inactivated vaccine of Sinopharm Group China Biotechnology has been used more than 43 million doses worldwide and more than 34 million doses in China.
  • SensorTower: In January, Tencent’s “Honor of Kings” attracted US$267 million in global App Store and Google Play, an increase of 22% year-on-year, and it continued to top the global mobile game bestseller list. Tencent’s “Peace Elite” and “PUBG Mobile” had estimated revenues of over US$259 million in January, an increase of 26% over the same period last year, ranking second on the list. The other three games in the top five on the list are “Fate/Grand Order”, Mikhail Tour “Original God” and “Roblox”.
  • Huawei: Released MateX2, starting at 17,999 yuan, and will be on sale on February 25. Starting in April, Huawei’s flagship phones can be upgraded to HarmonyOS one after another, and Huawei Mate X2 will be the first batch of upgrades. At present, Huawei’s smart connection devices have exceeded 1 billion, HiLink ecological users have exceeded 50 million, and HMS monthly active users have exceeded 580 million.
  • SpaceX: In the fourth week of February, there will be very intensive rocket launch missions. On February 26, the Falcon 9 Block 5 rocket will carry 60 Starlink satellites to low Earth orbit, thereby increasing the network coverage of the Starlink project
  • Arowana: In 2020, it will achieve total revenue of 1949.92 billion yuan, a year-on-year increase of 14.2%; net profit of 6 billion yuan, an increase of 11%. The main reason for the 26.2% year-on-year increase in operating profit was that relying on the existing brand and channel operating advantages of edible oils, we continued to expand the product sales network, strengthened marketing, and increased the promotion and sales of rice, flour, vinegar, soy sauce and other products Intensity.
  • Satellite Petrochemical: In 2020, total revenue will be 10.773 billion yuan, a year-on-year decrease of 0.05%; net profit will be 1.655 billion yuan, a year-on-year increase of 30.04%. The main reason for the large year-on-year increase in performance was that at the end of the third quarter, with the rapid improvement in downstream demand in the global chemical industry, the sales prices of major products rose. At the same time, the production equipment of each product was operating stably and cost control was further optimized. The net profit in the fourth quarter was approximately 753 million yuan, an increase of approximately 114.74% year-on-year.

Industry

  • Due to the increase in raw material prices, several tire companies including Zhengxin Rubber, Michelin, Giti Tire, Zhongce Rubber, and Sailun Tire have recently announced price increases. Among them, Sailun Tire will increase the price of some off-road tire products from March 1. The increase range is 2%-6%. More than 30 domestic tire companies, both large and small, have started to raise prices in 2021. Some companies have adjusted their product prices several times since August 2020.
  • Ideal Motors CEO Li Xiang: The global sales growth of new energy vehicles will exceed the forecasts of most organizations. It is expected to reach 40 million in 2030, accounting for 60% of new passenger car sales, and China’s share will be even higher. At the same time, the full popularity of autonomous driving in 2030 will polarize consumer demand for cars. The end of the smart electric vehicle competition is the competition between data and chips.
  • Domestic amino acid prices continued to rise, among which threonine was quoted at 15.5-20 yuan/kg, an increase of 2.7%-11.3%. Since 2021, the price of threonine and the average price of lysine have increased by 71.8% and 33.6% respectively.
  • The supply of packaging cartons in the UK is in a hurry, and the express cartons in Korea are not enough.

Shipment

  • Strikes in major European ports, port congestion and ship delays. The Panhellenic Crew Union of Towage & Salvage decided to start in Piraeus, Greece from 00:01 local time on February 23, 2021 (Tuesday) Port of Sri Lanka will hold a 48-hour strike until 24:00 on February 24, 2021 (Wednesday).
  • Serious congestion in American ports! Container ships stopped all over the sea!

World

  • International Finance Association: In 2020, the new crown pneumonia epidemic caused global debt to increase by 24 trillion U.S. dollars. The total global debt reached a record 281 trillion U.S. dollars, reaching 355% of world GDP, an increase of 35 percentage points year-on-year. This growth rate also surpassed the financial crisis in 2008 and 2009, when global debt accounted for only 10% and 15% of the world’s GDP.