Why did the Asian stock market crash? The Middle East conflict punctured high leverage, but the fundamentals of AI chips remain unchangedIs Silicon Valley haunted by the Middle East? NVIDIA withdraws, Amazon is attacked, and Microsoft's and Google's $10 billion investments are overshadowedThe biggest keyword in this round of earnings season for U.S. stocks - AI anxietyWhen will the oil price shock trigger a real crisis? History reveals three major triggering signalsU-PRESID CHINA released its annual performance, with shareholders' profit attributable to shareholders reaching 2.05 billion yuan, an increase of 10.88% year-on-yearBABA Qwen chief steps down; NVDA sets GTC 2026 dates ｜ Daily News Recap---Oil prices continue to rise! The shipping industry questions Trump's escort promise: Are there enough warships? Is the insurance reliable?Crazy investment in AI chips and HBM! Asian semiconductor giants are expected to spend $136 billion this year, a year-on-year increase of 25%The Governor of the Bank of Japan warns that the war in Iran may severely impact the economy, downplaying the prospects of a rate hike in MarchEuropean Natural Resources Fund: Escalation of Middle East Conflict Affects Logistics, Helping Gold Prices Break Free from 5000 ResistanceThe Middle East conflict has caused flight cancellations in Dubai, and 20% of global gold logistics may be interrupted, with silver also affected!Chairman of the Financial Services Commission of Korea: If necessary, Korea will actively launch a market plan of 1 trillion wonConcerns over oil price shocks lead to overseas funds withdrawing from the Asian AI boom, causing a sharp decline in South Korean stocksFebruary PMI: "Temperature Difference" SignalHuatai Securities: Under the interest rate cut cycle, tobacco stocks show impressive yields with both offensive and defensive attributesIt is reported that Meta has reached an AI content licensing agreement with News Group, with an annual licensing fee of 50 million USDInstead of rising, it has fallen! Has the yen's safe-haven property failed under the Iran conflict?The senior management team of Bank of China makes another move: "Post-75" veteran Huang Xueling from China Investment Corporation appointed as vice presidentTech companies digging for gold in the Middle East have entered a "wartime state."On the eve of the departure of the "soul figure" of Qianwen, Jack Ma leads the management team to release signals regarding the AI strategyGoogle's Android system user experience catches up with iOS, updating luggage tracking and new calling featuresUnderstanding the Market | Samsonite falls over 5% again, the company plans to dual-list in the U.S., market worries about the issuance price discount and share dilutionUnderstanding the Market | Alibaba-W fell over 4%, with a cumulative drop of over 20% in stock price in the past month. Qianwen's head Lin Junyang announced his resignationAfter offending the Department of Defense, the collaboration between Anthropic and Palantir is also likely to failSevere supply and demand imbalance, Nand flash memory is expected to increase in price by 90% in the first quarterGoldman Sachs: The "three long-term benefits" of the US stock market are all collapsing, and Iran has intensified the trendXiaomi's Lei Jun suggests at the Two Sessions: Promote smart driving content in driving tests and jointly build a traffic safety and civilization system for the era of smart carsDue to service interruptions, the idea of "going solo" arose: OpenAI is reported to be developing its own code hosting platform to compete with Microsoft's GitHubOnly 1 tanker passed! The Strait of Hormuz is nearly "cut off," and oil-producing countries in the Middle East have begun to cut productionSoros Fund Chief Investment Officer: Investors will be very "painful" in the next 18-24 monthsMiddle Eastern oil and gas prices soar, Europe calls for Ukraine to agree to Russian oil transitDon't count on Trump to save the market anymore! Wall Street warns in unison: He can't control the situation this timeThe Hang Seng Index opened down 1.16%, and the Hang Seng TECH Index fell 1.24%The situation in Iran triggers inflation concerns, bond market urgently withdraws interest rate cut betsTesla's sales in Australia in February soared more than double year-on-yearU.S. gasoline prices soar as Trump's "Iran gamble" begins to pay the priceWhy haven't oil prices risen to $100 despite the "actual closure" of the Strait of Hormuz and attacks on Middle Eastern energy facilities?The war in Iran has devastated the economy and "confidence"! Federal Reserve's Kashkari urgently calls: The outlook for monetary policy has become completely unclearThe U.S. considers "purchase limits" on Chinese companies buying H200 chips; experts say the U.S. strategy to curb China in AI chips has failedBreaking! Alibaba Qwen experiences a late-night earthquake, Lin Junyang officially announces "stepping down and leaving"Will Trump TACO for the stock market? Wall Street is not very optimistic this timeThe stock price of PE giants continues to plummet, with "storm center" Blue Owl's stock price halving in a year, having fallen below its "initial public offering price."Breakfast | The three major U.S. stock indices all fell, and the fear index VIX surged to its highest level since April 2025The Japanese and South Korean stock markets continue to declineIntel appoints Barratt as the next chairman, succeeding Frank YearyZhitong Hong Kong Stock Early Knowledge | The situation in the Strait of Hormuz drives up tanker freight rates, CNOOC directly benefits from the rise in oil pricesSummary of Key Points from Bloomberg Investment Summit (Day 1)Reports say that Tesla's Berlin factory had a capacity utilization rate of only 40% last year, which the factory manager deniesReminder: Please pay close attention to the following (all times are in Beijing time)