Core Viewpoint - Muyuan Foods has successfully listed on the Hong Kong Stock Exchange, becoming the first company in China's pig farming industry to achieve an "A+H" listing, with its stock closing at HKD 40.52 per share, a 3.9% increase on the first day of trading [2][3]. Fundraising and Strategic Goals - The company raised funds through a global offering of 274 million shares at an issue price of HKD 39 per share, attracting cornerstone investors such as Charoen Pokphand Group and UBS AM Singapore, with total subscriptions amounting to approximately HKD 5.342 billion [3][4]. - 60% of the raised funds will be allocated for overseas expansion, while 30% will focus on technological innovation, and 10% will be used for operational liquidity [4]. Overseas Expansion Plans - Approximately HKD 62.76 billion will be invested in expanding the company's overseas business, including strengthening its presence in Southeast Asia and enhancing the global supply chain [4]. - The company has already established a wholly-owned subsidiary in Vietnam and is collaborating with local enterprises on a project to raise 1.6 million pigs annually [4]. Financial Performance and Market Conditions - In January 2026, Muyuan Foods sold 7.01 million pigs, a year-on-year increase of 2.73%, but the average selling price dropped to RMB 12.57 per kilogram, a decline of 16.92% [8]. - The company's sales revenue for the same period was RMB 10.566 billion, down 11.93% year-on-year [8]. - The company anticipates a decline in net profit for the full year 2025, projecting a decrease of 12.20% to 17.79% compared to the previous year, with net profit expected to be between RMB 147 billion and RMB 157 billion [10]. Market Outlook - The pig farming industry is expected to undergo a market-driven capacity reduction, which may help stabilize prices in the long term [11]. - Analysts predict that seasonal demand leading up to the 2026 Spring Festival may result in a temporary rebound in pig prices, although overall supply remains abundant [11][12].

Core Viewpoint - Shentong Express announced a management change, with Wang Wenbin promoted to Vice Chairman and Han Yongyan appointed as General Manager, effective from the board's approval date until the end of the sixth board term [1]. Group 1: Management Changes - Wang Wenbin has resigned as General Manager but will continue as Vice Chairman and hold several committee positions within the company [1]. - Han Yongyan, previously the Deputy General Manager, has been promoted to General Manager [1]. Group 2: Background of Key Personnel - Wang Wenbin has extensive experience in technology and logistics, having held significant positions at Alibaba and Cainiao Network before joining Shentong Express [2]. - Han Yongyan has a background in logistics, previously serving as CEO of DeBang Logistics and holding various roles at Cainiao Network and Shentong Express [4]. Group 3: Financial Performance - For Q3 2025, Shentong Express reported revenue of 13.546 billion yuan, a year-on-year increase of 13.62%, and a net profit of 302 million yuan, up 40.32% [5]. - The company holds a market share of 13%, comparable to Yunda, and ranks behind Zhongtong and Yuantong among franchise express companies [5]. Group 4: Strategic Initiatives - Shentong Express acquired 100% of Zhejiang Dan Niao Logistics Technology Co., Ltd. for 362 million yuan to enhance its express network [5]. - Wang Wenbin emphasized a strategic shift towards prioritizing customer experience and a dual network operation model, highlighting the importance of the Dan Niao acquisition for brand enhancement [5].

2月7日，有网友发帖称，其于6日乘坐海南航空从布鲁塞尔飞北京的HU492航班，因飞机挡风玻璃破碎 返航，引发关注。同日中午，海南航空发文致歉称，6日，该司HU492航班因机械故障原因返航，航班 已当日安全降落在布鲁塞尔机场。同日下午，海南航空客服人员告诉南都N视频记者，航司将安排 HU492D航班于当地时间7日15时许从布鲁塞尔出发，计划于当地时间8日7时许到达北京。 航旅纵横信息显示，海南航空HU492航班于当地时间2月6日12时34分从布鲁塞尔出发，计划于当地时间 4时27分到达北京，目前该航班已显示取消。 2月7日下午，海南航空客服人员回应南都记者称，6日HU492航班返航原因是"飞机故障"。其还表示， 航司将安排HU492D航班于当地时间7日15时许从布鲁塞尔出发，计划于当地时间8日7时许到达北京。 2月7日凌晨，有网友在社交平台发帖称，其乘坐海南航空HU492布鲁塞尔飞北京的航班回家，后来因挡 风玻璃破碎返航，"飞机飞了一个小时返航了，还以为是普通小事故，下了廊桥结果发现是挡风玻璃碎 了，机组人员很给力，机长也很冷静，全程没有人感觉到异常"。其表示，"现在想想真的是心有余悸， 平安落地比什么都强"。 ...

Core Viewpoint - The People's Bank of China has increased its official foreign exchange reserves and gold reserves, indicating a strategic shift towards optimizing international reserve structures amid rising geopolitical risks and fluctuating gold prices [1][2]. Group 1: Foreign Exchange Reserves - As of January 2026, China's foreign exchange reserves reached $339.91 billion, an increase of $4.12 billion (1.23%) from December 2025 [1]. - The total official reserve assets amounted to $38,362.81 million, with foreign currency reserves being the largest component [1]. Group 2: Gold Reserves - China's gold reserves stood at 74.19 million ounces as of January 2026, with an increase of 40,000 ounces from the previous month [1]. - The central bank has increased its gold reserves for the 15th consecutive month, although the increase has been at a low level for the 11th month in a row [1]. - In 2025, China's official gold reserves increased by 860,000 ounces (approximately 24.38 tons), contributing significantly to global gold demand [3]. Group 3: Strategic Insights - Analysts suggest that the recent small increases in gold reserves during a period of rising international gold prices signal a move towards optimizing the structure of international reserves [2]. - The proportion of gold reserves in China's total official international reserves is approximately 9.7%, which is significantly below the global average of around 15%, indicating a need for continued accumulation of gold reserves [2].

Core Viewpoint - The "Guanghuo Xing Tianxia: Zhongshan Department Store Enters Shenzhen" event aims to deepen the integration between Shenzhen and Zhongshan, showcasing local manufacturing strength and enhancing consumer experience through a two-day shopping and cultural event [1][3]. Group 1: Event Overview - The event took place from February 7 to 8, 2023, at the Happy Harbor Ferris Wheel Square in Bao'an District, Shenzhen [1]. - It featured a series of activities including the "Please Come to Zhongshan for the New Year" cultural tourism event and facilitated 36 business agreements between enterprises from both cities, totaling 3 billion yuan [3]. Group 2: Exhibition Highlights - The exhibition included seven thematic sections showcasing Zhongshan's strengths, such as urban planning, business environment, and public services, highlighting over 40,000 acres of reserved industrial space and 800 government services [5]. - The "Smart Manufacturing Zhongshan" section displayed over 400 products from more than 150 manufacturing companies, including innovations in robotics and medical devices [5]. - The "Culinary Zhongshan" area featured over 100 local agricultural products and interactive experiences, driving consumer engagement through tasting events and promotional activities [5]. Group 3: Online and Offline Promotion - The event utilized online platforms like Alibaba, Douyin, and Kuaishou for live streaming sales, engaging over 20 influencers to broaden the reach of Zhongshan products [7]. - A "Craftsmanship Selection" live broadcast area was set up to promote collaboration between Shenzhen and Zhongshan's industries, enhancing technological cooperation and quality development [7]. Group 4: Economic Impact - This initiative is part of the broader "Guanghuo Xing Tianxia" campaign, promoting resource sharing and complementary advantages between Shenzhen and Zhongshan, contributing to the high-quality economic development of the Guangdong-Hong Kong-Macao Greater Bay Area [7].

Group 1 - Dongguan government aims to create an AI-focused One Person Company (OPC) ecosystem to support innovation and entrepreneurship [1][4] - The launch of the Moduliang Community marks a significant step in integrating AI with manufacturing, aligning with Dongguan's urban strategy [1][4] - The community is designed to foster a closed-loop ecosystem that integrates technology innovation, resource integration, and industry empowerment [4][5] Group 2 - The Moduliang Community is supported by various government departments and aims to cultivate technology companies with growth potential during the 14th Five-Year Plan [4][5] - The community's operational model emphasizes a systematic and full-cycle innovation ecosystem, covering various aspects such as space support, technology empowerment, and financial assistance [7][8] - Initial partnerships include institutions like Hong Kong City University and Peking University, which will provide resources and support for AI entrepreneurship [8][10] Group 3 - The first batch of projects focuses on information technology and smart applications, aligning closely with Dongguan's manufacturing needs [10] - The community's structure includes a unique layout and service model designed to create a comprehensive support system for startups [7][8] - The initiative is seen as a milestone for Dongguan in seizing opportunities in the AI sector and enhancing the quality of its manufacturing industry [5]

Core Viewpoint - The Huizhou Dongping Guangyao Feili Port project, which has been stalled for 12 years, was successfully auctioned for 202 million yuan after three previous failed attempts, with the buyer required to complete construction within two years [1][10]. Group 1: Auction Details - The auctioned assets include 110 real estate units and 2,500 square meters of land use rights, with a total assessed value of 394 million yuan and a starting bid of 202 million yuan [4]. - The buyer is obligated to commence construction within two months and complete the project within 24 months, or face penalties including forfeiture of the deposit [4][5]. Group 2: Funding and Financial Aspects - The project owner has initiated a crowdfunding campaign to raise 15 million yuan to support the reconstruction efforts, with contributions required from all homeowners [6][8]. - The estimated reconstruction cost has increased by 20% from the original assessment, now totaling approximately 1.34 billion yuan [8]. Group 3: Historical Context - The Guangyao Feili Port project has faced multiple setbacks since its inception in 2014, including three failed auctions and two previous attempts at resuming construction that did not succeed [10][12]. - The project covers an area of 76,000 square meters with a total construction area of about 300,000 square meters, consisting of high-rise buildings and villas [12].

Economic Overview - The GDP of the Shenzhen-Shan Special Cooperation Zone reached 25.212 billion yuan in 2025, reflecting a year-on-year growth of 10.3% [2] - The economic operation is characterized by stability and progress, with a focus on high-quality development and adherence to new development concepts [2] Sector Performance - The primary industry saw a decrease in value added, amounting to 1.255 billion yuan, down 18.6% [2] - The secondary industry experienced significant growth, with value added reaching 20.031 billion yuan, an increase of 14.0% [2] - The tertiary industry also grew, with value added of 3.926 billion yuan, marking a 2.0% increase [2] Industrial Growth - The industrial output value for large-scale industries increased by 26.0% year-on-year [3] - The manufacturing sector specifically saw a 28.0% increase in value added [3] - Key industries such as automotive manufacturing grew by 29.3%, while the electricity, heat production, and supply sector increased by 10.9% [3] - Other notable growth includes rubber and plastic products at 26.1%, and electrical machinery and equipment manufacturing at 15.3% [3]

Core Insights - Alibaba's Qianwen App launched a "Spring Festival 3 billion free order" event, which faced server congestion and issues with sharing links being blocked by WeChat, leading to significant user complaints [1][4][5] - The Qianwen App has acknowledged the high demand and is working on expanding capacity to improve user experience during the promotional period [4] Group 1 - The "Spring Festival 3 billion free order" event officially started on February 6, with users reporting multiple instances of the app lagging and difficulties in completing orders and sharing links [4] - Users have been advised to stagger their orders to avoid congestion, as the app is experiencing a surge in traffic due to the popularity of the promotion [4][5] - The validity of the free order cards has been extended to February 28, allowing users to accumulate and use them over the next 21 days [5] Group 2 - On February 6, it was reported that the app's performance issues were causing significant delays, with many users unable to place orders for milk tea [4] - The Qianwen App has communicated that they are actively working to enhance the user experience and manage the high volume of participants in the promotion [4] - Despite ongoing issues, the app continues to encourage users to utilize the free order cards and has assured that they will remain valid throughout the promotional period [5]

据悉，2026年1月7日，深圳市亚辉龙生物科技股份有限公司（简称亚辉龙）披露签署战略合作框架协议的公告，涉嫌误导性陈述。近日，证监会已对亚辉龙 立案调查。下一步，将在全面调查的基础上依法处理，切实维护市场健康发展。 同日，亚辉龙亦发布关于收到中国证券监督管理委员会立案告知书的公告。 2月26日，证监会官网发布公告称，对亚辉龙公告涉嫌误导性陈述立案调查。 亚辉龙表示，公司于2026年2月6日收到中国证券监督管理委员会（以下简称"中国证监会"）下发的《立案告知书》，因涉嫌信息披露违法违规，根据《中华 人民共和国证券法》《中华人民共和国行政处罚法》等法律法规，中国证监会决定对公司予以立案。 亚辉龙此次被查与此前披露的公告相关。1月6日晚，亚辉龙发布公告称，于近日与深圳脑机星链科技有限公司（以下简称："脑机星链"）签署了《战略合作 框架协议》。双方将通过整合脑机接口技术与临床和市场资源，共同开发脑机接口相关在研产品及推进后续市场拓展及推广。亚辉龙同时强调，本次签署的 协议为意向性约定，不涉及具体金额，无需提交公司董事会、股东大会审议。 同日，上交所就紧急向亚辉龙发送了问询函，并对亚辉龙及有关责任人予以监管警示的决定。 ...