Morning Report

February 12, 2026, Thursday, Lunar Calendar: Twentieth Day of the Twelfth Month, Good Morning!

1. Ministry of Commerce: 2.05 billion yuan has been allocated nationwide to directly benefit the public during the Spring Festival holiday through the issuance of consumption vouchers, subsidies, red envelopes, and other forms.

2. Major rebound! Spot gold has risen above $5100, recovering $700 from the low point, with a 157 yuan increase per gram; silver surged 6%, breaking through $85.

3. Jilin Province will carry out reform of the high school entrance exam, piloting integrated education from elementary through high school.

4. China Association of Automobile Manufacturers: January domestic sales of new energy vehicles decreased by 18.9% year-on-year, exports doubled, with pure electric vehicle export growth surpassing plug-in hybrid vehicles.

5. Wenchang Space Launch Site’s crewed lunar exploration project is expected to complete all construction by the second half of this year.

6. Pang Donglai, founder of Pang Donglai, announced retirement after the New Year.

7. Hunan plans to ban motorcycles from highways; China Motorcycle Industry Association issued a letter “advising against” this.

8. Civil aviation’s “12306” supports free ticket refunds for spring travel if prices increase; coverage includes the three major airlines.

9. Li Guyi confirms absence from the 2026 CCTV Spring Festival Gala! She responded: “My health is not good, I really cannot perform on stage. I am truly sorry.”

10. Israeli military plans to launch a new offensive to dismantle Hamas armed forces; Trump: Opposes Israel’s move to annex parts of the West Bank.

11. Zelensky signed a presidential decree allowing personnel over 60 to serve under contract.

12. U.S. Federal Communications Commission (FCC) announced approval of Amazon’s application to deploy 4,500 satellites.