Core Viewpoint - Manycore Tech Inc. (群核科技) has received approval from the China Securities Regulatory Commission (CSRC) for its overseas IPO application, marking a significant milestone as it aims to become the first listed company among the "Hangzhou Six Little Dragons" [1][4]. Group 1: IPO Progress - Manycore Tech submitted its IPO application to the Hong Kong Stock Exchange on February 14, 2025, coinciding with the one-year anniversary of its IPO filing [5]. - The company plans to issue no more than 312 million ordinary shares for its overseas listing [7]. - Following the issuance, Manycore Tech must report its listing status within 15 working days to the CSRC [9]. Group 2: Financial Performance - Manycore Tech entered the unicorn club with a valuation of 16 billion RMB as of June 26, 2025 [11]. - The company reported adjusted net profits of -70.05 million RMB for 2024 and 17.83 million RMB for the first half of 2025 [16]. - Revenue figures for the years 2022 to 2025 show a growth trajectory: 600.62 million RMB in 2022, 664.54 million RMB in 2023, 755.83 million RMB in 2024, and 399.10 million RMB in the first half of 2025 [18]. Group 3: Business Strategy - Manycore Tech aims to transition from a 3D space software provider to a space intelligence infrastructure provider, focusing on AI technologies and specialized graphics processing units [13][15]. - The company has outlined a strategic plan for "space intelligence," which includes three core areas: space editing tools, space data, and space large models [15]. - The CEO emphasized the importance of foundational technology in connecting the physical and digital worlds, especially as AI advances into three-dimensional spaces [15].

今年以来，理财公司持续布局下沉市场，苏银理财、宁银理财、民生理财等理财公司均新增多家地方中 小银行为代销机构。 业内人士认为，监管要求非持牌机构存量产品于2026年底前清零，一方面推动中小银行向代销转型，另 一方面为理财公司提供了新的增长空间。随着理财代销渠道的持续拓展，三、四线城市及县域市场将成 为"必争之地"，理财公司可从产品、服务等方面打造差异化竞争优势。 2.9【★★★★★】银行理财 33万亿银行理财，新变局 2.9【★★★★】新发基金春节前近50只产品"同台竞技"，超20只产品"箭在弦上" 春节前的最后一个交易周，多只"固收+"、FOF、指数产品"同台竞技"。Wind数据显示，目前正在发行 的基金达47只，等待发行的基金有23只。 从上周新基金发行情况来看，多只FOF产品受到资金青睐，其中，不乏小爆款产品。 本周五（2月13日），上证基金指数跌0.16%收报7188.32点，深证ETF跌0.96%收报1872.44点，乐富指数 跌0.93%收报9311.23点。 2.11【★★★★★】基金分红创新高！节前"红包雨"来了 "以前过年只盼行情，没想到今年竟然提前拿到分红，这份'新年红包'真令人惊喜。"北 ...

Group 1 - Bridgewater's latest 13F report reveals a total market value of $27.4 billion in Q4 2025, up from $25.5 billion in Q3 2025 [3] - The top ten holdings account for 36.35% of the total portfolio, with significant positions in SPDR S&P 500 ETF (SPY), iShares S&P 500 ETF (IVV), Nvidia, Amazon, and Newmont [3][4] - The five largest increases in holdings include SPY, Micron Technology, Oracle, Nvidia, and Newmont Corporation [4][5] Group 2 - Bridgewater increased its Nvidia shares from 2.51 million in Q3 to 3.87 million in Q4, a 54% increase, and also raised its Amazon holdings to 1.95 million shares [5] - The report indicates a reduction in holdings for companies like Uber, Fiserv, Google, META, and Microsoft [5] Group 3 - Ray Dalio emphasizes that the main sources of returns in 2025 stem from changes in currency value and the underperformance of U.S. stocks compared to non-U.S. stocks and gold [8] - The dollar depreciated against several currencies, with a notable 39% decline against gold, which emerged as the best-performing asset [8] - The report highlights a significant capital reallocation from the U.S. to international markets, a trend expected to continue [8]

Group 1 - The core message emphasizes the effectiveness of warning education in deterring corruption among party members, as evidenced by 14 members voluntarily confessing to violations and returning 336,600 yuan within a week after the educational meeting [1] - The meeting showcased the determination of the municipal disciplinary inspection and supervision agency to combat corruption and purify the political environment, highlighting significant cases involving high-profile officials [1][2] - The ongoing efforts to implement comprehensive anti-corruption measures are aimed at reinforcing the rule of law and ensuring that party members adhere to discipline and regulations [2] Group 2 - The municipal disciplinary inspection and supervision agency is committed to building a comprehensive, multi-layered, and normalized warning education system to promote long-term mechanisms for strict governance of the party [3] - There is a focus on addressing the root causes of corruption by conducting thorough investigations into risk points and enhancing regulatory frameworks in key areas such as project management and land transfer [2] - The agency plans to utilize various educational methods, including special studies and discussions, to instill a strong sense of discipline and mission among party members [2]

Group 1 - Bridgewater Associates significantly increased its holdings in technology stocks and gold-related stocks in Q4 2025, including Nvidia, Amazon, and Newmont Corporation [1][2] - The total market value of Bridgewater's holdings reached $27.4 billion in Q4 2025, up from $25.5 billion in Q3 2025 [2] - The top ten holdings accounted for 36.35% of the total portfolio, with SPDR S&P 500 ETF (SPY) and iShares S&P 500 ETF (IVV) being the largest positions [2][3] Group 2 - Bridgewater increased its Nvidia shares from 2.51 million to 3.87 million, a 54% increase, and also raised its Amazon shares to 1.95 million [4] - The largest reductions in holdings were in Uber, Fiserv, Google, Meta, and Microsoft [4] - The report indicates a shift in asset allocation from the U.S. to international markets, with a notable focus on gold as a strong asset class [7][8] Group 3 - Ray Dalio emphasized that the main sources of returns in 2025 were changes in currency values and the underperformance of U.S. stocks compared to non-U.S. stocks and gold [7] - The dollar depreciated against several currencies, with a 39% decline against gold, highlighting gold's status as a strong asset [7] - Current high price-to-earnings ratios and low credit spreads indicate that overall valuations are expensive, with expected long-term stock returns at about 4.7% [8]

（文章来源：中国基金报） 据"市说新语"微信公众号消息，2月13日，市场监管总局约谈阿里巴巴、抖音、百度、腾讯、京东、美团、淘宝闪购等平台企业，要求有关平台企业严 格遵守《中华人民共和国反不正当竞争法》《中华人民共和国价格法》《中华人民共和国消费者权益保护法》《中华人民共和国电子商务法》等法律 法规规定，主动落实主体责任，进一步规范平台促销推广行为。提醒相关平台企业要杜绝各种形式的"内卷式"竞争，共同维护公平竞争市场环境，促 进平台经济创新和健康发展。 ...

2月13日晚间公告显示，奥联电子于2月12日收到控股股东广西瑞盈资产管理有限公司（简称"瑞盈资产"）出具的《通知 函》，因受让方天津潮成创新科技有限公司（简称"潮成创新"）至今未履行完毕第一期股份转让对价支付义务，解除双方 签署的《股份转让协议》，本次控制权转让事项相应终止。 奥联电子（维权）（300585）易主事项突然告吹！ 回溯前情，2025年12月26日，瑞盈资产与潮成创新签署了《股份转让协议》，潮成创新拟协议受让瑞盈资产所持有的公司 3266.67万股股份（占公司总股本的19.09%），转让对价6.3亿元。如果本次转让顺利完成，公司控股股东变更为潮成创新， 实际控制人变更为张雁。 当时披露的公告显示，本次权益变动所需资金全部来源于潮成创新自有资金及合法自筹资金。潮成创新基于对奥联电子的 价值认同进行本次交易，在取得控制权后，潮成创新将把握行业发展机遇，优化奥联电子管理及资源配置，全面推进奥联 电子的战略性发展，提升奥联电子持续经营能力和盈利能力。 2026年2月12日，奥联电子收到控股股东瑞盈资产出具的《通知函》，根据《股份转让协议》约定，受让方潮成创新应于协 议签署当日（即2025年12月26日）支 ...

【导读】罕见！八家基金公司同一天扎堆高管变动，多位高管离职 农历新年前夕，基金公司迎来高管扎堆变更潮。 2月14日，广发基金、兴华基金、安联基金、合煦智远基金、东财基金、财信基金、泉果基金、浦银安盛基金等八家基金公司齐发高管变更公告，涉及三 名总经理、三名副总经理、两名督察长、两名首席信息官以及合规负责人、风控负责人等多个关键高管职位。 业内人士表示，农历新年前往往是考核结果出炉以及对来年职业规划的关键决策期，董事会可能会在年前启动人事调整，为新一年的战略布局铺路。一些 高管也可能选择在此时离职，以便在新的一年尽快履新，由此带来金融行业人才流动的高潮。 三家基金公司总经理变更 2月14日，兴华基金发布高级管理人员变更公告，总经理韩光华因个人原因离职，目前由董事长张磊暂时代任总经理职务。兴华基金同时称，对韩光华先 生任总经理期间为公司发展所做出的贡献表示衷心的感谢。 | 代任高级管理人员职务 | 总经理 | | --- | --- | | 代任高级管理人员姓名 | 张磊 | | 是否经中国证监会核准取得高管任职资格 - | | | 中国证监会核准高管任职资格的日期 | | | 任职日期 | 2026-02-13 ...

两家国资上市企业重要重组事项同日获批！ 2月13日，证监会官网显示，中成股份、厦门港务发行股份购买资产并募集资金事项均获得注册批复。 中成股份重组事项获批 去年5月，中成股份发布公告称，拟通过发行股份方式购买中国技术进出口集团有限公司持有的中技江苏清洁能源有限公司（以下简称 中技江苏）100%股份，并向不超过35名特定投资者发行股份募集配套资金。今年1月23日，该事项获深交所审核通过。2月13日，获证 监会注册批复。 批复文件显示，证监会同意中成股份向中国技术进出口集团有限公司发行1353.56万股股份购买相关资产的注册申请，同意公司发行股 份募集配套资金不超过1.51亿元的注册申请。 资料显示，中成股份是大型央企通用技术集团旗下子公司，主营业务包括成套设备出口和工程承包、环境科技、复合材料生产。中技 江苏主营业务为工商业用户侧储能项目的投资、开发和运营。 中成股份表示，交易完成后，公司主营业务将向储能等绿色能源业务方向延伸，并围绕绿色发展理念开展业务，实现储能业务与上市 公司原有业务统筹并进、可持续发展。公司总资产、净资产及营业收入等主要财务数据预计将有所改善。 截至2月13日收盘，中成股份报13.42元/ ...

Group 1 - The core point of the article is that Yongtai Technology has terminated the acquisition of a 25% stake in Shaowu Yongtai High-tech Materials Co., Ltd. from CATL, which means that CATL's reverse investment in the listed company has fallen through [1][2] - Yongtai Technology announced that it would continue to explore capital operation plans that align with the company's development needs in the future [2] - The company is a manufacturer of fluorine-containing fine chemicals and is one of the few enterprises that span both inorganic and organic fluorochemical industries [2] Group 2 - Yongtai High-tech's main products, such as lithium hexafluorophosphate and lithium bis(fluorosulfonyl)imide, are key materials for lithium battery electrolytes, which are crucial for improving battery conductivity and achieving fast charging [2] - As of November last year, Yongtai Technology disclosed that its solid lithium hexafluorophosphate had an annual production capacity of approximately 18,000 tons, while liquid lithium bis(fluorosulfonyl)imide had a capacity of 67,000 tons, and electrolytes had a capacity of 150,000 tons [2] - The company is currently involved in a lawsuit due to a commercial secret infringement dispute, with the amount in question being 887 million yuan [3] Group 3 - Yongtai Technology's performance forecast indicates a narrowing of net losses attributable to shareholders to between 25.6 million and 48.6 million yuan for 2025, with significant improvements in core operating losses [3] - The demand in the new energy and energy storage sectors is rapidly increasing, leading to a substantial rise in sales and prices of the company's core lithium battery materials, which is a key driver for reducing losses [3]