辽宁能源公告，持股5.41%的股东辽宁交通投资有限责任公司减持计划期限届满，2025年11月14日～ 2026年2月12日通过集中竞价减持541.92万股，占总股本0.41%，减持价格3.97～4.6元/股，套现2327.32 万元；目前持股6605.58万股，占5.00%。原计划拟减持不超过1322.02万股，占1%，此次减持未完成 780.1万股。 ...

9天"最长春节假期"将至，国内文旅消费市场提前升温、热潮涌动。政策红利集中释放、文旅业态持续创新、出行需求全面爆发，一场围绕"体验+内容 +服务"的文旅消费升级集中呈现。 上海全城派送新春消费"大礼包" 政府真金白银助力、市场潮流双向赋能，让今年超长春节假期成为文旅消费升级的集中检阅。2月12日10时，上海"乐享消费 有奖发票"活动正式启动， 活动持续至7月31日，共分六期开展，每月一期，覆盖春节、五一等重点消费节点，总奖额高达3亿元，一等奖奖金800元。 上海市商务委介绍，个人消费者在上海市零售、餐饮、住宿、文化艺术、娱乐、旅游、体育、居民服务等行业消费，取得上海市税务局监制、抬头为个 人真实姓名、单张价税合计金额不低于100元的符合要求的电子普通发票，即可参与抽奖。 上海市税务局表示，本次活动以数电发票作为抽奖凭证，涵盖电子普通发票、机动车销售统一发票和二手车销售统一发票，目前上海数电发票覆盖率已 超99%，可充分保障广大商户参与。活动不分线上线下，只要是上海商家开具的符合条件发票均可参与，发票金额大小不影响中奖概率，且须基于真实交易 开具。2月单月奖金达5000万元，恰逢春节消费高峰，中奖概率更高。 市 ...

Core Viewpoint - The company, Pingzhi Information Technology Co., Ltd., is raising up to 1 billion yuan through a private placement to fund the construction of a domestic intelligent computing power center and to supplement working capital [1]. Group 1: Fundraising and Financial Strategy - The company plans to raise a total of no more than 1 billion yuan, with 700 million yuan allocated for the intelligent computing power center project and 300 million yuan for working capital [4]. - The issuance targets up to 35 specific investors, including the controlling shareholder Guo Qing, who intends to subscribe for no less than 50 million yuan and no more than 400 million yuan [3]. Group 2: Business Transformation and Performance Pressure - The company has undergone a significant business transformation from digital reading to communication equipment and computing power services due to market pressures from short video platforms [5][6]. - Financial data indicates a substantial decline in revenue from 3.556 billion yuan in 2022 to 1.443 billion yuan in 2024, with a net loss of 116 million yuan in 2024 [6]. Group 3: Strategic Moves in Computing Power - The company is deepening its computing power transformation by acquiring a 60% stake in Tianxing Electronics to establish a server production base and develop domestic general-purpose computing servers [7]. - In 2023, the company won a 150 million yuan project from China Telecom for computing power services, marking its entry into computing network construction and leasing [7]. Group 4: Expansion into Advanced Technologies - The company is expanding its services from computing power infrastructure to model services and terminal applications, including the development of AI-integrated products like smart blood pressure monitors [8]. - The company has invested in Future Partners Robotics, holding a 40% stake, to enter the robotics sector and leverage telecom channels for product promotion [8].

两年前的春节，美国AI公司OpenAI旗下AI视频生成模型Sora横空出世。如今，中国科技巨头在这一领域吸引了全球范围内的关注。 2月12日，预热多日后，字节跳动Seed团队对外正式发布新一代视频创作模型Seedance 2.0，并已上线即梦AI、豆包等平台。目前，用户打开豆包，便可 在"AI创作Seedance 2.0"入口，发送相关指令来生成视频。官网显示，用户每天享有10个视频生成额度，在点击同意《AI分身使用须知》后，可以创建AI 分身来生成专属视频。 据介绍，Seedance 2.0采用统一的多模态音视频联合生成架构，支持文字、图片、音频、视频四种模态输入，集成了目前业界最全面的多模态内容参考和 编辑能力。具体来看，允许用户同时输入多达9张图片、3段视频、3段音频以及自然语言指令，模型可参考输入素材中的构图、动作、运镜、特效、声音 等元素，打破传统视频生成的素材边界。 从Seedance 2.0官方展示的视频来看，Seedance 2.0能高保真地合成时序精密的复杂交互场景，比如在双人花滑场景中，模型较好地演绎了同步起跳、空中 旋转、精准落冰等一系列高难度动作；在细腻的特写镜头中，模型生成的画面能够 ...

据北京产权交易所披露信息，上述国资股东合计49%股权均要求一次性支付，且为打包转让，不接 受分拆。 值得注意的是，本次股权将捆绑转让，原股东株式会社大和证券集团总公司未放弃优先购买权。这 意味着，若日方母公司行使该优先购买权，大和证券（中国）将成为继瑞穗证券（中国）之后的国内第 二家日资独资券商；若由新的外部投资者接盘，则将为该公司引入全新的重要股东，股权结构也将迎来 新的调整。 公开资料显示，大和证券（中国）于2020年8月获得中国证监会核准批复，2021年6月正式开业。股 东持股方面，株式会社大和证券集团总公司持有大和证券比例为51%；北京国管持股比例为33%；熙诚 资本持股比例为16%。 大和证券（中国）或迎来股权结构的重大变动。 近日，北京产权交易所显示，大和证券（中国）33%股权及16%股权同步被摆上"货架"，转让方分 别是北京国有资本运营管理有限公司（下称"北京国管"）、北京熙诚资本控股有限公司（下称"熙诚资 本"），对应底价4.75亿元、2.3亿元，合计挂牌底价约7.05亿元。 净资产方面，缩水态势同样明显。2024年度审计报告显示，大和证券（中国）总资产为8.57亿元， 所有者权益为6.38亿 ...

年关将至，人民币对美元持续升值，连破重要关口。 2月12日，人民币对美元即期汇率以6.9083开盘后走高，盘中升破6.90关口，最高触及6.8998，创下 2023年5月4日以来新高。离岸人民币对美元汇率同步走强，盘中最高升至6.8964，同样刷新2023年5月4 日以来高点。 中间价方面，2月12日，中国人民银行授权中国外汇交易中心公布，当日银行间外汇市场人民币汇 率中间价为1美元对人民币6.9457元，相较前一交易日中间价6.9438调贬19个基点。 "近期人民币对美元持续升值，连破重要关口，延续了2025年12月以来的偏强走势。"东方金诚首席 宏观分析师王青分析称，背后或有以下原因：首先，2025年11月以来中美经贸关系回稳，我国整体外部 环境改善，是这段时间人民币走强的一个重要背景。 其次，近期美国司法部对美联储主席鲍威尔发起刑事调查，美联储独立性受到更大冲击，美元承 压，而美联储新主席人选的"降息+缩表"主张尚未扭转美元颓势。美元下行带动包括人民币在内的非美 货币普遍出现一个升值过程。 全年来看，王青指出，人民币对美元汇价将主要取决于三个因素：美元走势、我国外部经贸环境变 化，以及国内稳增长政策效果 ...

Core Viewpoint - The insurance capital is actively increasing its stakes in undervalued insurance stocks, indicating a strategic shift towards long-term stable returns and improved investment yields [1][4][5]. Group 1: Investment Activities - On February 10, Ping An Life announced that it had acquired 10% of China Life's H-shares, triggering a mandatory disclosure under Hong Kong regulations [1]. - Ping An Life previously reached a 5% stake in China Life's H-shares on August 12, 2025, and has since continued to increase its holdings, including significant purchases of 12.68 million shares and 44.09 million shares in late August 2025 [4]. - In addition to China Life, Ping An Life has also increased its stake in China Pacific Insurance, raising its ownership from 4.98% to 5.04% through a purchase of 174.14 million shares at an average price of HKD 32.0655 per share [4]. Group 2: Market Trends and Insights - Analysts suggest that the trend of insurance capital acquiring undervalued stocks is driven by the need for stable dividend yields and the desire to match assets with liabilities effectively [5][6]. - The investment strategy of Ping An emphasizes a "three criteria" principle: reliable operations, expected growth, and sustainable dividends, which guides their long-term investment decisions [5]. - The demand for insurance capital to acquire stocks is expected to continue into 2026, with a focus on both high dividend yield and high return on equity (ROE) targets [6][7].

Market Overview - A-shares continued to show a fluctuating and differentiated trend, with major indices mostly closing slightly higher and trading volume increasing to 2.16 trillion yuan [1][4] - The market saw 2,108 stocks rise, with notable performances from technology stocks in communications, electronics, and military industries, as well as resource stocks like non-ferrous metals and steel [1][4] Trading Dynamics - The balance of margin financing decreased to 2.64 trillion yuan, indicating a continued decline in leveraged funds [4] - The trading activity was characterized by 3,280 stocks declining, with 22 hitting the daily limit down, while 69 stocks reached the daily limit up [5] Sector Performance - The technology sector, particularly in areas like AI applications and commercial aerospace, showed strong performance, while consumer sectors such as beauty care and retail experienced declines of over 1% [8][10] - Specific stocks like Tianfu Communication and Kunlun Wanwei saw significant gains, with Tianfu Communication rising over 14% [5][6] Investor Sentiment - Analysts suggest that the current market is undergoing structural adjustments rather than a broad influx of new capital, with funds shifting from defensive sectors to aggressive technology growth sectors [14] - The upcoming trading day before the Spring Festival is expected to see a narrow fluctuation and stabilization of indices, with a generally optimistic outlook for post-holiday market performance [3][15] Future Outlook - Post-holiday, the market is anticipated to experience a "opening red" scenario, driven by policy expectations and fundamental factors, despite potential volatility [17][19] - Investment strategies are recommended to focus on sectors with solid fundamentals and reasonable valuations, particularly in technology and cyclical resources, while maintaining a balanced portfolio to mitigate risks [20]

马年春节前夕，国内算力龙头企业紫光股份（000938）资本动作频密。 2月11日晚间，紫光股份密集发布13份公告，释放两大资本运作关键信号：公司拟通过向特定对象发行A股股票，募资不超过55.70亿元；同时决定终止H 股发行及在港交所主板上市的相关计划。 新华三成立于2003年10月，其前身为华三通信，是华为与美国3Com合资成立的合资公司，专注于交换机、企业级路由器等核心网络设备市场，后被惠普 企业（HPE）收购。 值得一提的是，紫光股份此次终止赴港IPO略显突然，距离其2025年12月最近一次向港交所递表仅过去两个多月。而对于终止原因，紫光股份的表述较为 克制，仅称"基于战略发展规划及维护股东利益的审慎考量"。 此外，根据定增方案，紫光股份本次募集资金将主要用于收购新华三6.98%股权、研发设备购置项目及偿还银行贷款。 2016年，紫光股份入主新华三，收购其51%股权并实现控股。2024年，紫光股份再度以21.43亿美元（约合153亿元）收购新华三30%的股权，将其持股比 例提升至81%。 一系列资本运作之下，市场亦在追问：紫光股份究竟在布一局怎样的棋？ 赴港IPO突然终止 从时间线来看，紫光股份的赴港IP ...

据港交所文件：深圳信立泰药业股份有限公司向港交所提交上市申请书。 ...