Market Overview - Bitcoin has fallen below the $70,000 mark for the first time since November 2024, currently priced at $69,504.7, representing a decline of 8.76% [1] - The overall cryptocurrency market is experiencing a downward trend, with Ethereum and DOGE both dropping over 7%, BNB down over 8%, SUI down over 9%, and XRP down over 13% [3] Price and Trading Data - The current prices and 24-hour percentage changes for major cryptocurrencies are as follows: - Bitcoin (BTC): $70,644.9, -7.11% - Ethereum (ETH): $2,094.1, -7.16% - Solana (SOL): $90.43, -6.24% - XRP: $1.3759, -13.65% - BNB: $687.82, -8.47% - DOGE: $0.09938, -7.36% - SUI: $1.0184, -9.09% [4] Liquidation Data - Over the past 24 hours, more than 200,000 traders have been liquidated, with a total liquidation amount of $951 million, including $790 million from long positions and $160 million from short positions [4] Market Sentiment - U.S. Treasury Secretary Janet Yellen stated that the government will retain Bitcoin obtained through asset seizures but will not instruct private banks to increase Bitcoin holdings during market downturns, indicating a pessimistic outlook on Bitcoin investments [6] - Notable investor Michael Burry remarked that Bitcoin has dropped 40% since its peak in October last year, revealing its nature as a speculative asset rather than a hedge against currency devaluation [6] - CryptoQuant analyst Carmelo Alemán indicated that Bitcoin has entered a bear market, with the spot and futures trading markets in a "surrender" phase, leading to significant losses for most market participants [6]

Core Viewpoint - The company, Beiliang, is under investigation by the China Securities Regulatory Commission (CSRC) for alleged market manipulation involving its actual controller, Ma Xuejun, which may impact investor confidence and future operations [1][5]. Group 1: Investigation Details - On February 4, the CSRC issued a notice to Ma Xuejun regarding the investigation for suspected market manipulation [1]. - This investigation is separate from a previous case in December 2022, where both the company and Ma Xuejun were investigated for information disclosure violations [5]. Group 2: Company Operations - Beiliang stated that the investigation pertains to Ma Xuejun personally and will not significantly affect the company's daily operations, with him continuing to fulfill his duties [3][4]. - The company is committed to complying with legal and regulatory requirements and will keep stakeholders informed about the investigation's progress [4]. Group 3: Financial Performance - Beiliang is a high-tech enterprise focused on the innovation and development of health products, primarily engaged in the design, research, production, sales, and service of smart portable health hardware [7]. - The latest earnings forecast indicates that the company expects to report a net loss of between 84 million to 105 million yuan for 2025, marking a shift from profit to loss [7]. - As of February 5, Beiliang's stock closed at 22.97 yuan per share, reflecting a 0.75% increase, with a total market capitalization of 1.974 billion yuan [7].

Core Viewpoint - NIO Inc. is expected to achieve its first quarterly profit in Q4 2025, leading to a significant increase in its stock price by over 11% in pre-market trading [2][3]. Group 1: Financial Projections - NIO anticipates an adjusted operating profit (non-GAAP) of approximately 700 million to 1.2 billion yuan for Q4 2025 [4]. - According to GAAP, the expected operating profit is projected to be between 200 million to 700 million yuan [5]. - The company has previously indicated a delivery guidance of 120,000 to 125,000 vehicles for Q4 2025, with actual deliveries nearing the upper limit of this guidance [8]. Group 2: Delivery and Growth - NIO's delivery volume for Q4 2025 is projected to reach 124,800 vehicles, representing a year-on-year growth of 71.7%, with December 2025 deliveries hitting a record high of 48,100 vehicles, up 54.6% year-on-year [7]. - The company has been implementing cost-cutting and efficiency measures, which are beginning to show positive results [8]. Group 3: Industry Context - Other leading new energy vehicle manufacturers, such as Li Auto and Leap Motor, have already achieved quarterly profitability, while NIO and XPeng Motors are also targeting profitability in Q4 2025 [9]. - The industry is moving towards a collective profitability phase, with XPeng Motors indicating a 99.999% probability of achieving profitability in the same quarter [9]. - Continuous profitability is highlighted as a critical challenge for the industry moving forward, as evidenced by Leap Motor's fluctuating profit status [10][11].

Group 1 - Two companies, Qingyue Technology and Yuandao Communication, have had their accounts frozen by the China Securities Regulatory Commission (CSRC) due to suspected violations of information disclosure laws, with total frozen funds exceeding 140 million yuan [3][10] - Qingyue Technology's frozen assets include approximately 134 million yuan in seven bank accounts and 163,130 shares in three securities accounts, all related to fundraising activities [3][6] - Yuandao Communication has had 9.04 million yuan frozen in two bank accounts due to similar allegations of false financial reporting [10][12] Group 2 - Qingyue Technology specializes in IoT terminal display solutions and saw its stock price drop over 4.5% to 6.28 yuan per share following the news [6] - Yuandao Communication focuses on communication network maintenance and optimization services, with its stock price also declining over 4% to 18.85 yuan per share [12]

【导读】美团拟以7.17亿美元收购叮咚 传闻成真！ 2月5日盘后，美团发布公告称，公司拟以7.17亿美元收购中国大陆领先的生鲜电商企业叮咚的全部已发行股份，交易双方已在2月5日的非交易时段签署了 股份转让协议。 根据协议，转让方可从目标集团提取不超过2.8亿美元的资金，但需确保目标集团净现金不低于1.5亿美元。收购事项完成后，叮咚将成为美团的间接全资 附属公司，其财务业绩将并入美团的财务报表。 2月5日，市场传出消息称，美团正在推进收购叮咚，且双方已开展了多轮并购谈判。 叮咚买菜成立于2017年，2021年登陆纽交所。2025年第三季度，公司实现营收66.6亿元，创下季度新高；净利润为0.8亿元，连续7个季度实现GAAP标准 下盈利。 美团在公告中表示，公司高度重视即时零售业务，本次交易符合公司在即时零售领域的长期发展规划。叮咚是国内即时零售领域头部玩家，其追求"好用 户、好商品、好服务、好心智"的理念，与美团"帮大家吃得更好，生活更好"的使命十分契合。 美团还称，截至2025年9月，叮咚在国内共运营超过1000个前置仓，月购买用户数超过700万。叮咚具备市场一流的供应链能力，生鲜产地直采率高，自有 品牌产品 ...

Market Overview - The cryptocurrency market is experiencing a significant sell-off, with Bitcoin's price dropping below $71,000, marking a new low in the current bear market [1] - Ethereum's price also saw a sharp decline, recently reported at $2,088.21, down over 8% [3] Price Movements - Bitcoin is currently priced at $70,429.5, reflecting a 7.33% decrease over the last 24 hours and a 19.72% drop over the past week, with a market capitalization of $1.41 trillion [5] - Ethereum is priced at $2,093.68, down 7.38% in the last 24 hours and 28.71% over the past week, with a market cap of $254.33 billion [5] - Other cryptocurrencies such as BNB, XRP, and Dogecoin are also following the downward trend, with BNB down 8.75% and XRP down 9.12% [5] Market Liquidations - Over the past 24 hours, more than 170,000 traders have been liquidated, with a total liquidation amount of $830 million [5] - Liquidations include $556.85 million in the last hour and $2.3 billion in the last four hours, indicating a high level of market volatility [6] Regulatory Insights - U.S. Treasury Secretary Janet Yellen stated that the government will retain Bitcoin obtained through asset seizures but will not instruct private banks to increase Bitcoin holdings during market downturns [7] - The value of seized Bitcoin held by the government has increased from approximately $500 million to over $15 billion [7] Market Sentiment - Market sentiment is described as extremely fearful, with analysts suggesting that if Bitcoin fails to hold above $72,000, it could drop to $68,000 or even lower [7] - An on-chain indicator known as "Bitcoin Profit and Loss Supply" suggests that the market may be approaching a historical bottom [7] - Notable investor Michael Burry has warned that Bitcoin has revealed its speculative nature and has failed to establish a hedging function like precious metals [7]

Group 1 - The cryptocurrency market is experiencing a significant sell-off, with Bitcoin's price dropping below $71,000, marking a new low in the current bear market [1] - Ethereum's price has also seen a sharp decline, currently reported at $2,088.21, down over 8% [3] - Other cryptocurrencies are following the downward trend, with notable declines in BNB, XRP, and Dogecoin [4] Group 2 - Over the past 24 hours, more than 170,000 traders have been liquidated in the cryptocurrency market, with a total liquidation amount of $830 million [5] - Liquidations include $70 million in long positions and $14 million in short positions within the 24-hour period [6] - The U.S. Treasury Secretary has stated that the government will retain Bitcoin obtained through asset seizures, which has increased in value from approximately $500 million to over $15 billion [7] Group 3 - Market sentiment is extremely fearful, with predictions that if Bitcoin cannot hold above $72,000, it may drop to $68,000 or even lower [7] - An on-chain indicator known as "Bitcoin Profit and Loss Supply" suggests that the market may be approaching a historical bottom [7] - A prominent investor has warned that Bitcoin has revealed its speculative nature and has failed to establish a hedging function like precious metals [7]

Core Viewpoint - In 2025, under the backdrop of global market recovery and active performance of the Chinese stock market, HaiFutong Fund's research and investment team delivered impressive results, with its actively managed equity funds ranking in the top 10% of the industry over the past seven years [1] Group 1: Performance of Equity Funds - HaiFutong Fund's equity funds achieved outstanding returns in 2025, particularly in the technology sector, with the HaiFutong Stock Mixed Fund managed by Lv Yuechao yielding 88.72%, significantly outperforming its benchmark of 17.37% and ranking in the top 4% of its category [2] - The HaiFutong Technology Innovation Mixed Fund also performed well, achieving a return of 88.11% against a benchmark of 41.03%, placing it in the top 4% [2][3] - The HaiFutong Small and Medium Cap Mixed Fund, managed by Fan Tingfang, recorded a return of 62.83%, surpassing its benchmark of 21.69% and ranking in the top 11% [3] Group 2: Balanced Investment Strategy - In a volatile market, balanced allocation is highlighted as a reliable path for sustainable long-term returns, with the HaiFutong Yield Growth Mixed Fund achieving a return of 46.69% against a benchmark of 9.04%, ranking in the top 11% [4] - The HaiFutong Reform Driven Mixed Fund also showed strong performance with a return of 58.94%, ranking in the top 12% [5] - The HaiFutong National Policy Guidance Mixed Fund demonstrated stable long-term returns, achieving a return of 25.10% in 2025, outperforming its benchmark of 17.37% [6] Group 3: Thematic Investment Focus - HaiFutong Fund has developed several high-performing thematic products, including the HaiFutong Consumption Preferred Mixed Fund, which achieved a return of 78.63% against a benchmark of -1.82%, ranking first in its category [7] - The HaiFutong Electronic Information Media Industry Stock Fund, focusing on TMT sectors, recorded a return of 87.96%, ranking fourth among its peers [8] - The HaiFutong Carbon Neutrality Theme Mixed Fund, managed by Fan Tingfang, achieved a return of 59.15%, ranking seventh in its category [8] Group 4: Long-term Investment Philosophy - The impressive performance of HaiFutong Fund's products is attributed to its diversified strategy, deep research capabilities, and long-term investment spirit, with a commitment to prioritizing investor interests [9]

【导读】港股拉升啦 2月5日，A股震荡下跌，三大指数集体下挫。截至收盘，沪指跌0.64%，深成指跌1.44%，创业板指跌1.55%。 市场共1618只个股上涨，56只个股涨停，3719只个股下跌。 | 880005 张联家教 | | | | --- | --- | --- | | ਦ | 涨停 | 56 | | 涨幅 | > 7% | 78 | | 涨幅 | 5-7% | 52 | | 涨幅 | 3-5% | 145 | | 涨幅 | 0-3% | 1343 | | 跌幅 | 0-3% | 2907 | | 跌幅 | 3-5% | 567 | | 跌幅 | 5-7% | 154 | | 跌幅 | > 7% 1 | 91 | | 車中 | 跌停 | 23 | | 上涨家数 | | 1618 | | 下跌家药 | | 3719 | | | | 142 | | 平盘停服 总成功效 总成交额 | | 5479 | | 总成交额 | | 21942.80亿 | | 总成交量 | | 132990.07 | | 张家增减 | | -1122 | | 涨家增幅 | | -40.95% | | 指数量比 | | 0.82 | ...

2月5日上午，大消费板块走强，贵州茅台也重回市场"C位"，股价一度冲高至1559.89元/股，截至发稿，报1554.68元/股，近6个交易日涨幅超17%。 值得注意的是，2月1日，也有多位网友反映i茅台"崩了"。 | 今开 | 1520.00 | | 最高 | 1559.89 | | | 成交量 | 6.67万手 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 昨收 | 1525.00 | | 最低 | 1515.00 | | | 成交额 | 103.07亿 | | 换手率 | 0.53% | | 市盈(TTM) | 21.63 | | | 总市值 | 1.95万亿 | | 分时 | 王日 | 日K | 園K | 月K | 室K | | 年K | 更多v | | 均线 MA5: 1434.07 | | MA10: 1419.98 | MA20: 1422.8 | | | | | ◎ 技术标注 前复权 | | 1559.89 | | | | | | | 1559.89 | | | 1322.01 | | | | | | 1322.01 | ...