Trump: US Military Action Against Iran "About to End"... Other Important Pre-Market News

MetaMuskRat · 2026-03-12T12:16:00+00:00

On March 11, the People's Bank of China convened a technology work conference, emphasizing risk prevention and high-quality development. Automotive production and sales data declined, with new energy vehicles increasing their market share. The International Energy Agency recommended releasing oil reserves to address supply tightness. US CPI rose 2.4%. Multiple companies released important updates, including Huarui Precision raising product prices, among others.

MetaMuskRat

2026-03-12 12:16:00

Abstract generation in progress

Important News Highlights

On March 11, the People’s Bank of China held the 2026 Technology Work Conference. The meeting emphasized that technological work in 2026 should focus on risk prevention, strengthened regulation, and promoting high-quality development. It called for party leadership to be at the forefront, consolidating and expanding the achievements of central inspections and audit rectifications, and consistently advancing strict governance of the Party. Prioritizing planning, coordinating long-term, medium-term, and short-term goals, and thoroughly planning technological work during the 14th Five-Year Plan period. Strengthening systemic awareness, steadily implementing key projects. Reinforcing bottom-line thinking, continuously improving the institutional system, and enhancing resilience in cybersecurity and data security. Deepening integration of industry and technology, safely and steadily promoting AI applications in finance, and unleashing digital and intelligent development momentum. Enhancing bilateral empowerment of domestic and international financial standards, and continuously improving standard service support capabilities.
Regarding security risks in typical “Lobster” application scenarios, the Cybersecurity Threats and Vulnerabilities Information Sharing Platform (NVDB) organized providers of intelligent agents, vulnerability collection platform operators, and cybersecurity companies to research and propose the “Six Do’s and Six Don’ts” recommendations.
According to CAAM data, in February, vehicle production and sales reached 1.672 million and 1.805 million units respectively, down 31.7% and 23.1% month-on-month, and down 20.5% and 15.2% year-on-year. In February, new energy vehicle production and sales were 694,000 and 765,000 units respectively, down 21.8% and 14.2% year-on-year. New energy vehicles accounted for 42.4% of total new vehicle sales.
The International Energy Agency (IEA) recommends releasing 400 million barrels of strategic petroleum reserves to ease global oil supply tensions. (Xinhua News Agency)
On the 11th, U.S. President Trump stated that there are “almost no targets left to strike” within Iran, and that U.S. military actions against Iran are “coming to an end.” (Xinhua News Agency)
On the 11th, G7 energy ministers issued a joint statement expressing principled support for taking proactive measures to address the current situation, including the possible use of strategic energy reserves if necessary. The statement said that G7 energy ministers held a video conference on the 10th, attended by IEA Director Fatih Birol. The meeting discussed the impact of Middle East conflicts on global energy markets, including oil and natural gas supply security and energy prices. The G7 members will closely coordinate with the IEA and its member countries, monitor energy market trends, and be prepared to take all necessary measures if needed.
U.S. Department of Labor data released on the 11th shows that in February, the U.S. Consumer Price Index (CPI) increased by 2.4% year-on-year; excluding volatile food and energy prices, the core CPI rose by 2.5% year-on-year.

Must-Read Company News

Huarui Precision: Raw material prices surged sharply, leading to an increase in sales prices across the company’s entire product range.

Dingxin Communications: The market ban period for State Grid and Southern Power Grid companies has expired, but the company’s grid-level bidding and provincial bidding are gradually recovering.

Xinguodu: Plans to establish a controlling subsidiary, Jisuan Company, to develop next-generation smart hardware.

Wanwei High-tech: Plans to raise no more than 3 billion yuan through a private placement to the controlling shareholder, for projects including polyvinyl alcohol resin.

Xinruye: Planning to issue H-shares and list on the Hong Kong Stock Exchange.

Fuliwang: Projected net profit attributable to shareholders in Q1 2026 to increase by 183.84% to 254.81% year-on-year.

Putailai: Plans to invest $297 million to build a lithium-ion battery anode material production base in Malaysia.

Proofreader: Ran Yanqing

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.