Core Viewpoint - By 2025, Tesla's Shanghai Gigafactory is expected to account for over half of Tesla's global delivery volume, indicating significant growth in production capacity and market reach [1] Group 1 - Tesla's Vice President Tao Lin announced via Weibo that the Shanghai Gigafactory's delivery volume will reach over 50% of Tesla's total global deliveries by 2025 [1] - The energy storage Gigafactory's production capacity is also set to supply multiple markets both domestically and internationally [1]

2月6日，据中指研究院统计，2026年1月，TOP30集中式长租公寓企业累计开业房源量为142.5万间，与 2025年末基本持平。具体来看，少数民营长租企业在部分城市集中关停了一些长租公寓项目，其开业规 模量有所下降；地方国企系长租企业开业规模仍保持稳中有增态势，在TOP30中的规模占比提升至 24%。1月，TOP30集中式长租公寓企业累计管理房源量为202.7万间，较2025年末减少0.6万间。 ...

2026年1月，绿城集团取得合同销售面积约22万平方米，合同销售金额约人民币63亿元；其中归属于绿 城集团的权益金额约为人民币42亿元。 综上，截至2026年1月31日止一个月，绿城集团累计取得总合同销售面积约47万平方米，总合同销售金 额约人民币97亿元。 2月5日，绿城中国发布公告称，公司董事会公布公司与其附属公司连同其合营企业及联营公司（绿城集 团）截至2026年1月31日止一个月若干未经审核营运数据如下： 2026年1月，绿城集团代建项目取得销售面积约25万平方米，销售金额约人民币34亿元。 2026年1月，绿城集团自投项目取得销售1,179套，销售面积约18万平方米，当月销售金额约为人民币61 亿元，销售均价约为每平方米人民币34,345元。 于2026年1月31日，另有累计已签认购协议未转销售合同的金额约人民币28亿元，其中归属于绿城集团 的权益金额约为人民币18亿元。 ...

据东方航空消息，针对2026年春运，东方航空聚焦旅客出行需求，进一步升级"空铁联运"服务，推出三 大新举措，构建"航空+高铁"一体化出行新模式，便利长三角地区旅客春运出行。 此次升级中，东航APP上线"空铁通-轻松出行"功能，推出GWS高铁航站楼服务，将航空服务前置至高 铁枢纽，旅客可在高铁站完成值机、行李直挂等手续，目前该服务已拓展至宁波站、杭州东站、苏州站 等6个火车站。同时，东航持续扩容空铁联运服务网络，将多个高铁枢纽站点纳入体系，目前服务站点 已增至21个，进一步延伸服务触角。此外，东航在官网"长三角专区"增设四个专属服务入口，结合不同 客群需求定制服务方案，优化换乘体验。 此次服务升级是东航对春运民生保障需求的回应，通过航空与高铁的无缝联动，提升中转效率，缓解出 行焦虑，让长三角旅客春运回家路更便捷畅通。 (东方航空) ...

Group 1 - The commercial space industry is experiencing a partial recovery, with companies like Giant Lifting Equipment seeing significant stock performance, achieving 7 trading limits in 13 days [1] - Other companies in the sector, such as Zhonghuan Hailu, Tianma New Materials, Xinwei Communication, Shenjian Co., and Goldwind Technology, also saw stock increases, with Zhonghuan Hailu rising over 10% [1] - Elon Musk, during an appearance on the Dwarkesh Podcast, stated that running AI in space will be the most cost-effective option, potentially occurring within 30 to 36 months [1]

Core Viewpoint - The acquisition of Dingdong Maicai by Meituan for approximately $717 million is seen as a strategic move to enhance Meituan's market share in the instant retail sector and strengthen its competitive position against Alibaba and JD.com [1][4]. Acquisition Details - Meituan announced the acquisition of 100% of Dingdong Maicai's China business, with the overseas operations excluded from the deal [1]. - The initial consideration of $717 million does not represent a significant premium over Dingdong Maicai's market capitalization of $694 million at the time of the announcement [3]. - Following the acquisition news, Dingdong Maicai's stock price rose over 4%, reaching $3.33 per share [3]. Financial Performance - Dingdong Maicai reported a GMV of 25.56 billion yuan in 2024, a year-on-year increase of 16.3%, and revenue of 23.07 billion yuan, up 15.5% [3]. - The company achieved its first annual profit under GAAP standards in 2024, with a net profit of 300 million yuan [3]. - In Q3 2025, Dingdong Maicai's revenue reached a record high of 6.66 billion yuan, with a net profit of 80 million yuan, marking seven consecutive quarters of profitability [3]. Strategic Rationale - Meituan emphasized the importance of instant retail and the alignment of Dingdong Maicai's mission with its own, aiming to enhance consumer experience through combined strengths in product quality, technology, and operations [4]. - Dingdong Maicai's founder highlighted the complementary nature of their "4G" strategy with Meituan's operations, suggesting that the merger would enhance their core competencies [4][11]. - The acquisition is viewed as a necessary step for Meituan to expand its presence in the fresh food sector, especially after closing its previous preferred business [6][7]. Market Position - Dingdong Maicai is recognized as one of the few companies successfully implementing the front warehouse model in the fresh food e-commerce sector [6]. - The acquisition is expected to provide Meituan with a stronger foothold in the instant retail market, which is increasingly competitive with major players like Alibaba and JD [7].

Core Insights - The company reported record high sales, operating profit, and diluted earnings per share for Q2 of FY2026, exceeding expectations and raising its full-year performance forecast [1][2] Financial Performance - Q2 sales reached $2.5 billion, a 14% year-over-year increase; adjusted sales growth, excluding Stuart Weitzman, was 18%, driven primarily by a 25% increase in COACH brand performance [1] - Operating profit margin improved by 620 basis points under GAAP, with diluted earnings per share at $2.68, a 94% year-over-year increase; on a non-GAAP basis, operating profit margin increased by 390 basis points, and diluted earnings per share reached $2.69, a 34% year-over-year increase [1] - The company expects FY2026 sales to exceed $7.75 billion, with a nominal growth of approximately 15%; operating profit margin is projected to improve by about 180 basis points, and diluted earnings per share is anticipated to be between $6.40 and $6.45, representing over a 25% year-over-year increase [2] Customer Growth and Market Performance - The company added over 3.7 million new customers globally in Q2, with Generation Z accounting for about one-third of new customers; core leather goods category growth accelerated, with COACH handbag average price and sales achieving mid-double-digit growth [1] - All core markets experienced growth, with North America up 17%, Europe up 22%, and Asia-Pacific up 18%; the Chinese market saw a remarkable growth of 34%, while direct sales channel total sales increased by 17%, and digital business sales grew by approximately 20% [1] Shareholder Returns - The company plans to return $1.5 billion to shareholders in FY2026 through dividends and share buybacks, an increase from the previous expectation of $1.3 billion; the annual dividend is expected to remain at $1.60 per share, with a plan to repurchase approximately $1.2 billion of common stock [1] Strategic Outlook - The CEO highlighted that the Q2 performance reflects the cumulative effect of the company's "efficiency growth strategy," aiming for sustainable growth and long-term value creation through validated strategic pathways and structural advantages [2]

Core Viewpoint - The company, Chow Sang Sang, addressed consumer concerns regarding the material of a gold product, confirming that it meets national standards for gold purity [1] Group 1: Company Response - Chow Sang Sang communicated promptly with consumers and cooperated with local market regulatory authorities to have the disputed product tested by a designated third-party agency [1] - The testing results confirmed that the product is made of 24K gold, with gold content compliant with the national standard GB11887 [1] Group 2: Commitment to Quality - The company emphasizes its long-standing principles of quality and integrity, stating that all products undergo rigorous quality control processes before leaving the factory [1] - Chow Sang Sang plans to use this incident as an opportunity to enhance communication and service details, while continuing to uphold high standards in product quality and integrity in business operations [1]

Core Viewpoint - Versace and Prada Group announced the appointment of Pieter Mulier as the Chief Creative Officer of Versace, effective July 1, indicating a strategic shift in the brand's creative direction amidst a complex luxury goods environment [1]. Company Summary - Pieter Mulier's appointment is seen as a significant leadership change for Versace, reflecting a reorientation of the brand's creative direction and long-term strategy [1]. - Mulier has a strong background in the fashion industry, having held key creative roles at notable fashion houses such as Jil Sander, Dior, and Calvin Klein [1].

Group 1 - The core viewpoint of the announcement is that China Merchants Bank Wealth Management has launched a fixed-income financial product linked to the CSI 1000 index, which will be established on November 7, 2025, and is set to trigger an event on February 3, 2026 [1][4]. - The product code for this financial plan is 125326, and it will invest in over-the-counter derivatives linked to the CSI 1000 index (000852.SH) [1]. - According to the product's operational conditions, the financial plan will be terminated early on February 6, 2026, following the occurrence of a triggering event [1]. Group 2 - The observation date for the triggering event is February 3, 2026, with a trigger price of 7541.88 and a closing price of 8209.10, confirming that the event has occurred [4]. - The early termination date for the financial product is set for February 6, 2026, following the triggering event [4].