格隆汇2月12日丨亚太卫星(01045.HK)发布公告，集团预期截至2025年12月31日止财务年度的股东应占 溢利较去年同期下跌约31%。2025年股东应占溢利下跌的主要原因是(i)亚太地区的卫星转发器资源供过 于求的状况仍在持续，市场竞争激烈导致价格下降，进而对营业收入造成负面影响；及(ii)转租成本上 升。 ...

Core Viewpoint - BOSS Zhipin-W (02076.HK) plans to purchase a total of 329,500 Class A ordinary shares, equivalent to 164,800 American Depositary Shares, through internal resources by February 11, 2026 [1] Group 1 - The company will utilize internal resources for the share purchase [1] - The shares will be held in trust for eligible participants [1] - The purchase will occur in the open market according to the terms and conditions of the plan [1]

Group 1 - The company, Hengchang Group International (01421.HK), announced a board meeting scheduled for February 27, 2026, in Tsim Sha Tsui, Hong Kong [1] - The agenda includes the consideration and approval of the unaudited interim results for the six months ending December 31, 2025 [1] - The board will also consider the declaration and payment of an interim dividend, if any, along with addressing other matters [1]

格隆汇2月12日丨航民股份(600987.SH)在投资者互动平台表示，公司没有航天业务。 ...

Core Insights - SoftBank Group reported a net sales of 5.72 trillion yen for the first three fiscal quarters ending December 31, 2025, representing a year-on-year increase of 7.9% [1] - The net profit surged to 3.73 trillion yen, marking a significant year-on-year growth of 253%, with diluted earnings per share at 552.86 yen [1] - Total investment income reached 4.22 trillion yen, up 94.5% year-on-year, with returns from the investment in OpenAI contributing nearly 2.8 trillion yen [1] Financial Performance - For the third fiscal quarter, net sales were 1.98 trillion yen, reflecting an 8.2% year-on-year increase, surpassing market expectations of 1.96 trillion yen [1] - The net profit for the third quarter was 413.1 billion yen, a turnaround from a net loss of 179.68 billion yen in the same period last year [1] - Total investment income for the third quarter was 293.68 billion yen, with the SoftBank Vision Fund generating 179.74 billion yen in returns [1]

Core Viewpoint - The Hong Kong stock market saw significant gains in chip stocks, with notable increases in share prices for several companies on February 12, indicating a positive trend in the semiconductor sector [1]. Group 1: Stock Performance - Tianshu Zhixin (09903) experienced a rise of 19.07%, reaching a latest price of 229.800 with a total market capitalization of 584.42 billion [2]. - Zhaoyi Innovation (03986) increased by 18.45%, with a latest price of 350.600 and a market cap of 2458.07 billion, marking a year-to-date increase of 116.42% [2]. - Biran Technology (06082) saw an 8.39% rise, with a latest price of 36.420 and a market cap of 888.23 billion, reflecting an 85.82% increase year-to-date [2]. - Lanke Technology (06809) rose by 7.18%, with a latest price of 185.100 and a market cap of 2244 billion, showing a year-to-date increase of 73.17% [2]. - Tianyu Semiconductor (02658) increased by 6.19%, with a latest price of 52.500 and a market cap of 206.47 billion, reflecting a year-to-date increase of 9.38% [2].

Core Insights - From 2020 to 2025, gold prices have surged approximately 230%, driven by a strong wave of central bank gold purchases [1] - The top 15 gold buyers collectively increased their net gold reserves by nearly 2000 tons, indicating a significant shift in official strategies [1] Summary by Category Central Bank Purchases - China recorded the largest increase in gold reserves, adding 357.1 tons [1] - Poland followed with an increase of 314.6 tons, as part of its long-term strategy to enhance monetary security [1] - Turkey and India also ranked high, increasing their reserves by 251.8 tons and 245.3 tons, respectively [1] Decrease in Gold Reserves - The Philippines had the largest reduction in gold reserves, decreasing by over 65 tons [1] - Kazakhstan and Sri Lanka also reduced their reserves by 52.4 tons and 19.1 tons, respectively, often reflecting domestic liquidity pressures or active reserve rebalancing during economic stress [1]

截至本公告披露日，公司及池州昀冢与新引入投资方林森、林熹昊、高俊、贾方、深圳市有天电子信息 有限公司已签署《增资协议》，池州昀冢已收到投资方缴付的增资款合计6100万元。 格隆汇2月12日丨昀冢科技(688260.SH)公布，公司于2026年1月23日召开第二届董事会第二十八次会 议，审议通过了《关于控股子公司增资扩股并引入投资者的议案》，同意控股子公司池州昀冢电子科技 有限公司增资扩股并引入投资方，公司及其他池州昀冢现有股东均放弃本次增资事项的优先认购权。 ...

Core Viewpoint - NetEase's Q4 performance showed a 3% year-on-year revenue growth to 27.5 billion yuan, which was 4% lower than market consensus expectations, primarily due to slower-than-expected growth in gaming revenue and extended revenue recognition periods [1] Group 1: Financial Performance - Total revenue for NetEase increased by 3% year-on-year to 27.5 billion yuan, falling short of market expectations by 4% [1] - Operating profit rose by 6% year-on-year to 8.3 billion yuan, which was also 6% below consensus estimates [1] Group 2: Future Outlook - The company remains optimistic about revenue growth prospects for the current year, supported by a strong 34% year-on-year increase in contract liabilities at the end of last year [1] - Several major new products are expected to launch this year, including "The Sea of Forgotten" [1] Group 3: Valuation Adjustments - The revenue forecasts for the next two years have been slightly reduced by 1% to 2% due to the extended revenue recognition period [1] - Based on a sum-of-the-parts (SOTP) valuation, the target price for NetEase's U.S. stock has been slightly lowered from $164 to $161.5, while maintaining a "Buy" rating [1]

Core Viewpoint - The company, Zhongji United (605305.SH), primarily focuses on products used in the wind power generation sector, with plans to expand into various other industries [1] Group 1: Industry Applications - The company's products are currently applied in the wind power generation field and have expanded to 17 other industries, including power grids, telecommunications, thermal power generation, construction, bridges, firefighting, and warehousing [1]