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Xiaomi’s SU7 Ultra began as a headline-grabbing flagship with record performance figures and rapid early sales, but a sequence of product, service and communication failures precipitated a sharp fall in demand. The collapse exposed weaknesses in Xiaomi’s ability to sustain a premium automotive offering and highlighted the importance of customer experience and specialist sales infrastructure in the high-end EV market.

Wan Jianjun, once a top-performing fund manager at HuaAn, has seen five of seven funds he runs fall into loss and his assets under management shrink by about 60% amid large drawdowns and investor redemptions. The decline stems from high‑density fund launches at market peaks, forced takeovers of troubled mandates, and repeated, mistimed sector rotations that turned a once-coherent investment process into reactive hot‑money chasing. The episode highlights governance risks in China’s retail-driven fund industry and could prompt tighter scrutiny of product marketing and manager role expansion.

China’s A‑share market registered a strong mid‑day advance on February 9, led by a 3% jump in the ChiNext growth board and exceptionally broad participation with over 4,400 stocks rising. Solar, compute hardware and AI application sectors drove the gains amid elevated turnover of RMB 1.49 trillion, while oil and gas names lagged.

Kevin Warsh’s nomination as Fed chair shocked markets by shifting expectations on monetary policy, triggering a dollar rally and deep declines in gold, silver and bitcoin. But the sell-off also reflected a broader reassessment of tech valuations as agentic AI threatens traditional SaaS economics and forces enormous corporate AI capital spending.

Scammers posing as auction houses and foreign buyers are targeting ordinary Chinese collectors with high-pressure valuations and demands for seller-side guarantee deposits. They stage “private” or overseas sales, employ fake bidders, then declare lots unsold and withhold deposits under contractual pretexts. The fraud exploits information asymmetries in the antiques market, weak cross-border enforcement and social stigma that keeps victims silent.

Bithumb accidentally credited users with 620,000 BTC (about $44bn) during a promotional payout after entering the wrong unit; the exchange recovered 99.7% of the coins and pledged to compensate affected customers. The error briefly distorted prices on the platform, prompted a regulatory on‑site inspection and highlighted persistent operational and regulatory risks in the cryptocurrency industry.

Economist Ren Zeping describes the post‑September 2024 upswing in Chinese equities as a once‑in‑a‑decade “confidence bull,” powered by policy easing, a tech revolution and abundant liquidity. He argues the rally can finance strategic industries and help repair household balance sheets, but warns its longevity depends on sustained policy support and deeper capital‑market reforms.

China has issued stringent new rules that ban the overseas issuance of renminbi‑pegged stablecoins without approval and place heavy restrictions on tokenizing domestic assets for issuance abroad. The policy bundle, coordinated by the central bank and eight departments and accompanied by CSRC guidance on RWA tokenization, closes perceived regulatory gaps while creating a filing pathway for compliant projects.

Prime Minister Sanae Takaichi’s governing coalition won a decisive lower-house majority, clearing the path for expansionary fiscal measures such as cuts to the food consumption tax and a new sovereign wealth fund. Markets have swiftly priced in a higher probability of yen weakness and a Japanese equity rally, while analysts warn that persistent fiscal loosening could exacerbate sovereign-financing pressures and elevate the risk of market intervention if the currency weakens beyond key thresholds.

Konka, once a leader in China’s television market, warned of a RMB 12.58–15.57 billion net loss for 2025 and faces a likely negative net-asset position and possible delisting. Years of shrinking TV sales, sprawling diversification, mounting impairments and governance lapses have culminated in a balance-sheet crisis that China Resources has begun to address but cannot resolve alone.

China’s largest tech firms turned the Lunar New Year into a costly marketing contest, using red packets and free-order campaigns to drive downloads for their AI assistants. The promotions produced massive short-term engagement but exposed operational and product weaknesses, and highlighted that long-term success will hinge on embedding AI into daily services rather than on discount-driven spikes.

As Lunar New Year approaches, premium Feitian Maotai has seen a sharp price rise and rapid sell‑outs, while some regional and mid‑range baijiu brands crashed after sudden factory releases. Instant‑retail platforms such as Meituan are undercutting traditional alcohol shops, pushing merchants to prioritize cash preservation and minimal stocking over speculative inventory plays.

A historic intraday crash on 30 January 2026 sent gold down as much as 16% and silver near 36%, triggering panic among leveraged and late-entry investors. In Beijing, elderly retail buyers queued at Caibai stores to purchase physical gold, while institutions and exchanges tightened margins and market participants debated whether the rally can resume or a deeper correction is underway.

The U.S.-initiated “Peace Committee” summit on Gaza reconstruction, set for February 19, is struggling to attract support and to define a practical role. Rushed planning, scant participation from Western allies, and a lack of security and political plans—especially on demilitarizing Hamas—cast doubt on the initiative’s ability to marshal meaningful reconstruction funding or a durable governance framework.

Iran’s foreign minister Araghchi framed Tehran’s negotiating position after indirect Oman talks, saying the format is not the problem but unreasonable U.S. demands could derail progress. Analysts welcomed the small diplomatic opening while warning that military options remain viable and that Israel could sabotage any deal.

Tianya, one of China’s most influential online forums, says it will restore access on June 1, 2026, and is selling 9,999 limited “founder” packages at 1,999 yuan each to fund data preservation and relaunch costs. The initiative combines nostalgia-driven crowdfunding with a commercial pivot that highlights broader tensions about digital heritage, platform sustainability and user trust in China’s changing internet landscape.

On the Heilongjiang River near Heihe, a village militia post conducts harsh winter patrols to monitor China’s boundary with Russia, blending traditional footwork with upgraded surveillance technology. The post illustrates Beijing’s layered frontier management—local militia, border troops and civilian managers—serving practical, political and symbolic functions.

Denmark said negotiations with the United States over Greenland have not met expectations despite the opening of a direct diplomatic channel. The announcement, made alongside Greenlandic and Canadian ministers in Nuuk as Canada opened a consulate, highlights rising allied attention to the Arctic and the delicate balance between security needs and Greenlandic autonomy.

Hamas leader Khaled Meshaal declared in Doha that the movement will not surrender weapons or accept foreign governance of Gaza, framing armed resistance as a legitimate right. The position clashes with Israeli demands—made to a U.S. envoy—that Gaza be demilitarized before reconstruction, deepening the diplomatic impasse over the territory’s future.

The U.S. Air Force withdrew two F‑22 Raptors from the Super Bowl flyover citing "operational mission" needs. The decision underlines the limited availability of high‑end platforms and the military's tendency to prioritize operational commitments over public displays.