Class A shares opened, the Shanghai Composite Index rose 0.26%, the Shenzhen Composite Index rose 0.67%, and the growth enterprises market index rose 1.28%.
Dallas Fed President Lorie Logan, a member of the 2026 FOMC voting committee, urged policymakers to be cautious in the coming months, reiterating that falling inflation would not necessarily prompt further rate cuts. Logan said at a moderated discussion in Palm Desert, California, on Friday: "Even if we get better data and it does look like [inflation] is closer to 2 percent, I think...
The Trump administration recently proposed the creation of a US sovereign wealth fund (SWF) by 2026, and hinted that TikTok could be a potential investment target for the fund. The proposal has attracted widespread attention against a backdrop of challenging US economies and high fiscal deficits. While the idea may seem appealing, analysts warn that without clear planning and governance mechanisms, the fund could do more harm than good to markets and the economy.
Google (GOOG. O) said that starting from February 26, advertisers of cryptocurrency exchanges and software wallets in the UAE can place ads if they meet relevant requirements and are certified.