【导读】影石创新年会走红，现场送出大湾区商品房、多辆汽车等奖品 "壕气冲天""壕无人性"！"别人家的公司"又在疯狂撒钱了！ （图片来自社交媒体，下同） 在年会现场，特别贡献奖的神秘面纱最终揭晓：送车方面，特别贡献奖包含保时捷、宝马、特斯拉、理想等品牌相关车型；送房方面，奖品为湾区一套商 品房，名额为5个，获奖员工可从两个环境优美、配套完善的高品质小区中自由选择。 据红星新闻报道，今年获得商品房大奖的均为"90后"，平均年龄不到32岁，没有高管，其中一名入职不到两年的年轻员工还穿着COS服上台领奖。 近期，影石Insta360在深圳举办年会，现场奖品阵容相当豪华，引发市场高度关注。 此前，影石创新已公布抽奖清单，除特别贡献奖、特别贡献大奖未公布外，特等奖为36克重的影石定制金纸，一等奖为iPhone 17 Pro手机、影翎 Antigravity A1、8克重的影石定制金纸，其他奖品包括iPad和飞天茅台等，奖品总价值超300万元，中奖率高达80%。 | 影石Insta360 | | | | --- | --- | --- | | 年会奖品 | | | | & 特别贡献大奖 } | | | | 今年还会发车吗? ...

消息面上，2月12日午后，双良节能官方微信公众号发布信息称，双良节能近日先后获得3个海外订单，共计12台高效换热器设备，将用于SpaceX星舰发 射基地扩建配套的燃料生产系统。这是继前期合作后，该产品再度应用于SpaceX星舰发射基地，充分印证了海外客户对双良节能产品可靠性的高度信 任。 【导读】获SpaceX星舰发射基地订单，双良节能午后直线拉涨停 一则消息引爆股价，双良节能（600481）午后直线拉涨停。 获SpaceX星舰发射基地订单 双良节能直线拉涨停 2月12日午后，双良节能股价异动，直线拉涨停。截至收盘，该股报10.71元/股，总市值为201亿元。 据悉，SpaceX正加速推进星舰发射能力建设，计划在佛罗里达州卡纳维拉尔角新建三座发射台，分别毗邻NASA肯尼迪航天中心LC-39A发射场及卡纳维 拉尔角太空军基地LC-37发射场。随着星舰发射频次持续提升，相关装备供应链迎来指数级增长机遇。 双良节能表示，该系列订单不仅体现了国际市场对双良节能技术实力与交付体系的高度认可，也为中国高端制造进一步融入全球商业航天产业链注入强劲 动力。未来，双良节能将依托高端装备硬核实力，持续加强与世界500强企业的紧密 ...

【导读】影石创新年会走红，现场送出大湾区商品房、多辆汽车等奖品 中国基金报记者 晨曦"壕气冲天""壕无人性"！"别人家的公司"又在疯狂撒钱了！近期，影石Insta360在 深圳举办年会，现场奖品阵容相当豪华，引发市场高度关注。此前，影石创新已公布抽奖清单，除特别 贡献奖、特别贡献大奖未公布外，特等奖为36克重的影石定制金纸，一等奖为iPhone 17 Pro手机、影翎 Antigravity A1、8克重的影石定制金纸，其他奖品包括iPad和飞天茅台等，奖品总价值超300万元，中奖 率高达80%。 | | 影翎 Antigravity A1 | 3 | | --- | --- | --- | | | 影石定制金钞 (8g) | 3 | | 二等奖 | Apple Watch Series 11 | 20 | | | iPad | 20 | | | 拓竹 P2S 3D 打印机器 | 20 | | | 西昊人体工学椅 | 20 | | | 影石 Insta360 Ace Pro 2 | 20 | | | 影石 Insta360 Go Ultra | 20 | | | 影石 Insta360 X5 | 20 | | ...

Core Viewpoint - The People's Bank of China (PBOC) will conduct a 10 trillion yuan reverse repurchase operation on February 13, 2026, to maintain ample liquidity in the banking system [1]. Group 1: Reverse Repo Operations - The PBOC's operation will be a fixed quantity, interest rate bidding, and multi-price bidding method with a term of 6 months (182 days) [1]. - In February, 5 trillion yuan of 6-month reverse repos are set to mature, making the new operation an increase of 5 trillion yuan, marking the sixth consecutive month of increased reverse repos [5]. - The total net injection of liquidity through reverse repos in February will be 6 trillion yuan, which is an increase of 3 trillion yuan compared to the previous month, indicating a continued effort to inject medium-term liquidity into the market [5]. Group 2: Market Analysis - The increase in reverse repo operations signals a heightened demand for liquidity in February, particularly due to concentrated bank credit issuance and increased cash withdrawals before the Spring Festival [5]. - Analysts suggest that the PBOC's actions reflect a commitment to maintaining liquidity and stabilizing the financial market [5]. - There is a possibility of further operations, including the potential for equal or slightly increased amounts of Medium-term Lending Facility (MLF) as 3 trillion yuan of MLF is also set to mature in February [5]. Group 3: Monetary Policy Outlook - The increase in net reverse repo injections reduces the likelihood of a reserve requirement ratio (RRR) cut in the near term, especially before the Spring Festival [6]. - Despite the current liquidity measures, the option for a comprehensive RRR cut remains available, as the current weighted average reserve requirement ratio is 6.3%, indicating some room for adjustment [6].

Core Viewpoint - Dongwu Securities has received a no-objection letter from the China Securities Regulatory Commission (CSRC) regarding its plan to increase capital by HKD 2 billion to its wholly-owned subsidiary, Dongwu Securities (Hong Kong) [1][3]. Group 1: Company Actions - The capital increase of HKD 2 billion was approved by Dongwu Securities' board on April 24, 2025, and is pending approval from state-owned asset regulatory authorities before implementation [3]. - Dongwu Securities has previously increased the capital of Dongwu Hong Kong multiple times, raising its registered capital from HKD 1 million to HKD 7 million in 2018 and further increasing it by HKD 480 million in May 2020 [4]. Group 2: Business Development - Dongwu Hong Kong has been actively developing its brokerage business, focusing on high-net-worth client acquisition and expanding its services in Hong Kong and U.S. stock markets [5]. - As of the end of the reporting period, Dongwu Hong Kong had 9,536 active clients with a total custody share value of HKD 9.6 billion and executed HKD 13.5 billion in Hong Kong stock trading in the first half of the year [5]. Group 3: Financial Performance - In 2024, Dongwu Hong Kong reported a net loss of HKD 49.58 million, but by the first half of 2025, it achieved a net profit of HKD 42.04 million, indicating a turnaround [6]. Group 4: Industry Trends - The recent capital increases by multiple securities firms indicate a trend of accelerated internationalization in the industry, with firms like Huatai Securities and Guangfa Securities also announcing significant capital raises for overseas business development [7]. - The overall international business of mainland securities firms has seen a 20.45% year-on-year increase in total assets, reaching HKD 1.64 trillion as of mid-2025 [7]. - Analysts suggest that the internationalization of Chinese securities firms is shifting from scale expansion to value cultivation, with a focus on providing high-value comprehensive financial services [8].

Core Insights - The global AI industry is witnessing intense competition with the launch of new programming models, particularly MiniMax M2.5, which is designed for Agent scenarios and aims to set a price benchmark among high-performance AI programming models [1][6]. Group 1: Product Launches and Market Reactions - MiniMax launched its flagship programming model MiniMax M2.5 on February 12, becoming the first production-level model designed specifically for Agent scenarios [1]. - On the same day, MiniMax's stock price surged by 14.62%, closing at 588 HKD per share, with a market capitalization reaching 184.4 billion HKD [2]. - Other competitors, including Anthropic and OpenAI, also released new models, with Anthropic's Claude Opus 4.6 and OpenAI's GPT-5.3-Codex being notable mentions [1][5]. Group 2: Technical Features and Performance - MiniMax M2.5 is positioned against Claude Opus 4.6, supporting full-stack programming development across various applications, including advanced Excel processing and deep research [3]. - The model boasts a minimal activation parameter count of 10 billion, making it one of the smallest flagship models in the AI sector, which enhances its efficiency in private deployment and inference [4]. - MiniMax M2.5 achieves a transaction processing speed of 100 TPS, which is three times faster than Claude Opus 4.6, showcasing its superior performance [4]. Group 3: Competitive Landscape - The AI industry is experiencing a significant product competition, with MiniMax M2.5 aiming to provide the best cost-performance ratio in the market [5]. - The introduction of MiniMax M2.5 is expected to drive substantial advancements in Agent applications, positioning it as a key player in the evolving AI landscape [6]. - The competitive models from Anthropic and OpenAI also highlight advancements in speed and capabilities, with OpenAI's GPT-5.3-Codex showing a 25% speed improvement over its predecessor [5]. Group 4: Development and Investment - MiniMax has rapidly grown into a leading AI multimodal company within just four years, having invested approximately 500 million USD, compared to OpenAI's estimated expenditure of 40 to 55 billion USD [10].

【导读】本周以来，智谱股价接近翻倍；半导体板块今日受益上涨 多项独立测试显示，"Pony Alpha"在系统架构、能力边界上与智谱AI GLM系列高度一致：系统提示词测试中模型自述"I'm GLM"，分词器行为与GLM-4 完全匹配，且在复杂编程与智能体任务中展现显著突破。 港股市场今日承压，但不乏亮点：AI应用概念股活跃，大模型股智谱创新高，智谱宣布涨价助力算力产业链板块。 三大指数同日调整 2月12日，港股三大指数表现低迷，恒生科技指数盘中一度跌至2%。截至收盘，恒生指数下跌0.86%，恒生科技指数下跌1.65%，恒生国企指数下跌1%。 盘面上，大型科技股下跌拖累市场，大金融板块普跌令大市进一步承压，影视股、餐饮股等均下跌。 AI应用概念股活跃，大模型股智谱股价大涨；智谱涨价助力算力产业链板块，半导体芯片股上扬；电力设备、石油石化等板块收涨。 | 代码 | 名称 | 现价 | 涨跌 | 涨跌幅 | 成交额 | 年初至今 | | --- | --- | --- | --- | --- | --- | --- | | HSI | 恒生指数 | 27032.54c | -233.84 | -0.86% | 23 ...

Group 1 - The Chinese government firmly opposes and expresses strong dissatisfaction with the U.S. claims regarding the loss of sovereignty over the Chinese-controlled port of Kaikai in Peru [1] Group 2 - The Chinese government consistently opposes any attempts to annex or encroach upon Palestinian territory, emphasizing that both Gaza and the West Bank are inseparable parts of Palestine [2] - The "two-state solution" is highlighted as the fundamental approach to resolving the Palestinian issue, with a call for cessation of actions that escalate tensions [2] Group 3 - The Chinese government criticizes Lai Ching-te's remarks as indicative of his stubborn "Taiwan independence" stance, labeling him as a peace destroyer and crisis creator [3] - It is asserted that no statements or actions from Lai can alter the historical and legal fact that Taiwan is part of China, nor can they change the international community's adherence to the one-China principle [3]

（原标题：外交部：特朗普总统再次表达了4月访华的愿望，习近平主席重申了对特朗普总统访华的邀 请，双方就此保持着沟通） 有记者提问，有报道称美国总统特朗普预计将于4月初访问中国，中方能否证实并介绍情况？ 林剑表示，元首外交对中美关系发挥着不可替代的战略引领作用。不久前的两国元首通话中，特朗普总 统再次表达了4月访华的愿望，习近平主席重申了对特朗普总统访华的邀请，双方就此保持着沟通。中 美经贸关系的本质是互利共赢，双方应共同落实好两国元首达成的重要共识，为中美经贸合作与世界经 济注入更多确定性和稳定性。 来源：中国新闻网 2月12日，外交部发言人林剑主持例行记者会。 ...

来源：新华社综合 据新华社，乌克兰首都基辅市长克利奇科12日说，基辅当天凌晨遭到俄罗斯导弹"大规模袭击"，多栋建 筑物被击中。 （原标题：突发：俄罗斯发动大规模袭击） 据英国《金融时报》11日援引消息人士的话报道，泽连斯基有意于24日公布关于乌总统选举和乌俄和平 协议公投的计划。报道称，特朗普政府要求乌方在5月15日之前举行相关公投，否则将危及拟议中的美 国对乌安全保障协议。 据乌克兰国家通讯社11日报道，乌克兰总统泽连斯基否认将于2月24日公布关于总统选举、乌俄和平协 议公投计划的相关报道。 泽连斯基当天回答媒体提问时表示，乌方将继续把选举与停火及对乌安全保障挂钩，只有在实现停火的 情况下，乌克兰才有可能举行选举。 对于同俄罗斯总统普京的谈判，泽连斯基说，乌方愿意支持美方提出的会谈地点建议，可以在美国、欧 洲或中立国家举行，在任何国家都可以，"俄罗斯和白俄罗斯除外"。 泽连斯基还表示美方曾提及选举这一议题，但他未透露具体细节。他同时指出，美国并未把安全保障作 为在乌克兰选举议题上施压乌方的工具。 克利奇科在社交媒体上写道："大规模袭击仍在继续。请留在掩体中！"克利奇科称，包括住宅楼在内的 多栋建筑物遭袭。 ...