Morning Report

Tuesday, April 7, 2026, Lunar Calendar February 20, Good Morning!
1. During the three-day Qingming holiday, the cross-regional movement of people is expected to reach 840 million trips, with railway, highway, and civil aviation passenger volumes on the first day all surpassing historical peak levels for the same period.
2. Chinese brand cars at the Bangkok International Motor Show have for the first time surpassed Japanese cars in pre-orders, with Chinese cars leading strongly with a total order volume of 89,630 units.
3. Chinese embassies and consulates in the UAE and Saudi Arabia once again remind Chinese citizens in the country to enhance safety precautions, stay away from military bases and sensitive facilities such as oil, gas, and power plants that may be targeted.
4. From April 6 to 10, a total of 7.32B restricted shares will be unlocked in the A-shares market, with a total market value of approximately 109.02 billion yuan.
5. Hong Kong’s new home transaction volume in the first quarter reached a 13-year high, with 5,373 buy-sell registrations involving a total amount of HKD 62.8 billion, up 38% and 94% year-on-year respectively.
6. Box office surpasses 300 million! Total screenings reach 1.44M, setting a new record for Qingming holiday screenings in Chinese film history.
7. In the Macau International Table Tennis Federation Men’s and Women’s World Cup finals, Sun Yingsha and Wang Chuqin respectively won the women’s and men’s singles championships.
8. A collision between a heavy semi-trailer and a car occurred in Yongzhou, Hunan, resulting in 3 deaths and 3 injuries. The specific situation is under further investigation.
9. The world’s highest-altitude trough-type concentrated solar power station—the China General Nuclear Umatang 50 MW CSP project in Tibet—has begun construction.
10. Iran: Has received the latest ceasefire proposal and will not reopen the Strait of Hormuz for a temporary ceasefire.
11. Saudi Arabia, Russia, the UAE, Iraq, Kuwait, Kazakhstan, Algeria, and Oman have decided to increase daily oil production by 206k barrels starting from May.
12. Russian Space Agency: Russia plans to gradually develop technology for manned missions to land on Mars.