据智通财经2月20日消息，高盛表示，各国央行的购金行为和私人投资者为应对美联储降息而增加的黄 金敞口，将推动金价在2026年底前缓慢攀升至每盎司5400美元。 （文章来源：21世纪经济报道） ...

芯片股走弱，华虹半导体跌超3%，上海复旦跌超2%，中芯国际、贝克微、中兴通讯等跌超1%。而存储 概念股逆势走强，其中澜起科技一度涨超8%。截至午盘，澜起科技涨1.9%，兆易创新涨1.8%。爱芯元 智涨19.89%，股价创历史新高。消息面上，据证券时报，有报道称，韩国存储芯片巨头三星电子正就 其最新一代人工智能存储芯片的定价进行谈判，价格将较上一代高出至多30%。 机器人概念延续涨势，截至发稿，越疆涨19%、速腾聚创涨超9%、优必选涨超6%。消息面上，马年春 晚再次将人形机器人推向舞台中央。松延动力、宇树科技、魔法原子、银河通用四家机器人公司今年分 别亮相小品、武术、歌曲及微电影四大类节目，展示了各自的产品。 记者丨张嘉钰 编辑丨江佩霞 中东局势再趋紧张，避险情绪升温，美股隔晚下跌，港股在马年首个交易日低开后跌幅进一步扩大。截 至午盘，恒生科技指数跌2.28%，恒指跌0.6%，国企指数跌超1%。 | 香港股票 [3 | | | | --- | --- | --- | | 恒生指数 | 恒生科技 | 恒生生物科 | | 26544.62 | 5245.10 | 15966.39 | | -161.32 -0.60 ...

编辑丨张嘉钰 数据显示，2025年美国对印尼的商品贸易逆差为237亿美元。白宫称，该协议将在未来数周内完成双方 各自的国内程序后正式生效。 SFC 据央视新闻报道，当地时间2月19日，白宫宣布，特朗普政府已与印度尼西亚正式敲定一项互惠贸易协 议，旨在扩大美国商品市场准入，涉及制造业、农业及数字经济等领域。美国总统特朗普与印尼总统普 拉博沃.苏比延多当天签署文件，确认双方将推进落实相关安排。 根据白宫披露的内容，印尼将取消对超过99%美国出口产品的关税壁垒。双方还确认达成约330亿美元 的商业合作安排，包括约150亿美元的美国能源采购、约135亿美元的航空及相关产品采购，以及超过45 亿美元的美国农产品采购。 根据协议，美方将对印尼维持19%的互惠关税税率，但部分特定产品将适用零关税。 ...

Market Performance - The Hang Seng Index has continued to decline, with a drop of 1.0%, currently at 26,434.72 points [1] - The Hang Seng Tech Index has also seen a decline, falling over 2% [1] - The FTSE China A50 Index futures have expanded their losses, currently down 1.0% at 14,714.0 points [2] Stock Movements - Internet technology stocks have broadly declined, with Baidu down over 5%, Alibaba down over 4%, and Tencent down over 2% [1] - Bitcoin-related stocks in Hong Kong have shown strength, with Star Chain Group rising over 18% and OSL Group up 2.54% [2] - AI application stocks have performed well, with Haizhi Technology Group increasing by 15%, MINIMAX-WP up 5.43%, and Zhipu up 5.12% [3] Legislative Developments - Hong Kong legislator Wu Jiezhuang announced that the first batch of stablecoin issuer licenses will be issued in March, aiming to promote usage through stablecoin airdrops [2] - SothisAI has upgraded its platform to fully integrate Zhipu GLM-5 and Alibaba Qwen 3.5 models, simplifying and optimizing enterprise AI platform construction and operation processes [3]

Group 1: Market Overview - On February 20, the Hong Kong stock market opened lower, with the Hang Seng Index down by 1.01%, the Hang Seng Tech Index down by 2.17%, and the Hang Seng China Enterprises Index down by 1.1% [1] Group 2: AI and Robotics Sector - AI application stocks performed strongly against the market trend, with Zhihui rising over 21%, Haizhi Technology Group up by 23%, and MINIMAX-WP increasing by 10% [2] - Zhihui announced a "Computing Power Partner" recruitment plan, aiming to collaborate with chip manufacturers and service providers to optimize their GLM-5 model [2] - The robotics sector saw significant gains, with companies like Yujian rising over 20%, Sutech increasing by nearly 12%, and UBTECH up by 10% [3] - The popularity of robotics was boosted by performances during the Spring Festival Gala, attracting audience attention and driving sales on platforms [3] Group 3: Oil Sector - Oil stocks surged, with China National Offshore Oil Corporation rising by 2.23%, reaching a historical high of HKD 25.70, and a total market capitalization of HKD 12,215.20 million [4] Group 4: Technology Sector - The majority of technology stocks in Hong Kong experienced declines, with Kingdee International down over 5%, Baidu down over 5%, Alibaba and Bilibili down over 4%, NetEase down over 3%, and Tencent down over 2% [5] Group 5: Precious Metals - Precious metals like gold and silver saw slight adjustments, with spot gold down by 0.11% and spot silver down by 0.29% [6] - Goldman Sachs indicated that central bank purchases and increased exposure to gold by private investors due to potential Fed rate cuts could lead to gold prices gradually rising to USD 5,400 per ounce by the end of 2026 [6]

2月20日港股马年首个交易日，三大指数集体低开，截至发稿，恒生指数跌1.01%，恒生科技指数跌2.17%，恒生中国企业指数跌1.1%。 | 香港股票 | | | | --- | --- | --- | | 恒生指数 | 恒生科技 | 恒生生物科 | | 26435.39 | 5251.28 | 15829.75 | | -270.55 -1.01% -116.24 -2.17% - +32.11 +0.20% | | | | 港股通消费 | 港股红利 | 港股现金流 | | 1707.75 | 2286.29 | 2548.04 | | -9.59 - -0.56% - -4.13 - -0.18% - -6.88 - -0.27% | | | | 恒生综合指 | 恒指期货 | 恒生科指期 | | 4053.87 | 26428 | 5250 | | -40.13 -0.98% | -372 | -137 | | 百度集团-SW | 130.900 | -4.87% | | --- | --- | --- | | 9888.HK | | | | | 233.000 | -3.88% | | 9626.HK | ...

周四（2月19日），黄金股多数上涨，科尔黛伦矿业涨超6%，诺华黄金资源涨逾5%。消息面上，截至 发稿，现货黄金涨0.42%报4997美元/盎司，现货白银涨1.44%报78.269美元/盎司。2月19日COMEX黄金 期货收涨0.09%，COMEX白银期货收涨0.82%。 据央视新闻报道，当地时间2月19日，美国方面消息称，美国总统特朗普正权衡对伊朗实施一次"有限规 模"的初步军事打击，以迫使其接受美国提出的核协议要求。 （文章来源：21世纪经济报道） 石油股强势爆发，BATTALION OIL涨超34%，TMD ENERGY涨近20%，南非萨索尔涨近10%，西方石 油公司股价触及盘中高位，收涨9.36%，报每股超51.5美元。消息面上，国际原油期货大幅走高，创下 了反弹新高，WTI原油、ICE布油均涨超2%。 ...

记者丨张嘉钰 编辑丨江佩霞 周四（2月19日），欧美股市全线收跌。科技股下跌拖累美股，金融股砸盘，截至收盘道指跌0.54%跌 幅超260点，标普500指数跌0.28%，纳指跌0.31%。欧洲斯托克600指数收跌0.53%，跌落周三刷新的收 盘最高纪录。 | 道琼斯 | 纳斯达克 | 标普500 | | --- | --- | --- | | 49395.16 | 22682.73 | 6861.89 | | -267.50 -0.54% -70.90 -0.31% -19.42 -0.28% | | | | 欧非中东 [3 | | | | 英国富时100 | 法国CAC40 | 德国DAX | | 10627.04 | 8429.03 | 25043.57 | | -59.14 -0.55% 0.00 0.00% -234.64 -0.93% | | | | 意大利MIB | 俄罗斯MOEX 欧洲STOXX5 | | | 45794.22 | 2772.84 | 6059.62 | | -566.87 -1.22% -6.24 -0.22% -43.75 -0.72% | | | 美股大型科技股多数收跌，万得 ...

沙特首个世界文化遗产——石谷考古遗址所在地埃尔奥拉，最近几天涌入大量中国游客，无论是当地景点、酒店和餐馆，"含中 量"急剧上升，有些酒店早餐时段放眼望去全都是中国人，网友戏称"恍惚间以为回国了"。 < 何止沙特，自从史上最长春节假期正式开始，中国游客的足迹已经遍布世界各地，泰国、韩国、冰岛、澳大利亚、荷兰等地的 博物馆、景点已经被中国游客占领，小红书用户反映2月15日墨尔本著名景点"十二门徒"景区内全都是中国人。荷兰梵高博物馆 国人占比90%，馆内到处都能听到中国话。还有中国游客透露除夕夜在挪威特罗姆瑟山顶过节时，整个山顶中国同胞含量80%， 几乎占领了整个山顶，以至于0点大年初一时间一到，整个山顶都是大家用中文互道新年快乐。 关注 > [7 除夕夜特罗姆瑟山顶上同胞互道新年快乐 16号下午缆车 ■排队大概1个小时左右上去 了,刚好赶上蓝调时刻♥♥♥♥,整个山顶感 觉同胞含量80%,被国人占领了! 0点大年初 一一到,整个山顶都是大家中文互道新年快乐 14 6 12, 没多久极光女神露面了,很多同胞 2 说点什么 ... 0 13 2 2 10 10 05:58 方 ミ .. 1 .. 1 (100) 关注 ...

Core Viewpoint - The company Jiangbolong, led by siblings Cai Huabo and Cai Lijiang, has significantly benefited from the storage chip industry boom, with its market value reaching 120 billion yuan and stock prices increasing by approximately 250% over the past six months [2][4]. Company Overview - Jiangbolong was founded by Cai Huabo and Cai Lijiang, who have a combined shareholding worth over 53 billion yuan, with Cai Huabo holding 38.67% and Cai Lijiang holding 3.51% [2][5]. - The company has implemented an employee stock ownership plan, allowing employees to cash out a total of 2.67 billion yuan through share transfers [4][7]. Financial Performance - Jiangbolong's projected net profit for 2025 is estimated to be between 1.25 billion and 1.55 billion yuan, representing a year-on-year growth of over 150% [9][10]. - The company anticipates a non-net profit of approximately 650 million to 870 million yuan for the fourth quarter [10]. Investment and Expansion Plans - The company plans to raise up to 3.7 billion yuan through a private placement to invest in AI high-end storage projects, storage control chips, and high-end packaging and testing projects [12][13]. - Cai Huabo is preparing to invest 930 million yuan in AI high-end storage projects and 1.28 billion yuan in control chip projects [13]. Market Trends - The demand for high-performance storage is expected to surge due to the AI server market, with DRAM usage projected to be eight times that of regular servers and NAND Flash usage three times higher [13]. - Jiangbolong is positioned to capitalize on this trend, as it operates in the downstream of the chip industry, focusing on the packaging and integration of storage products [9]. Inventory and Financial Management - As of September 2025, Jiangbolong's inventory reached 8.517 billion yuan, with a debt-to-asset ratio of 58.9% [16]. - The company acknowledges the need to optimize its asset-liability structure and reduce its debt ratio [18]. Mergers and Acquisitions - Jiangbolong has pursued a strategy of acquisitions to expand its business, including the purchase of Lexar and recent acquisitions of Zilia and Yuan Cheng Suzhou to enhance its capabilities in the storage market [21][23][25]. - The acquisition of Zilia is expected to yield significant revenue growth, with projected sales of 2.3 billion yuan in 2024, a 120% increase from the previous year [23].