Core Viewpoint - Huaxiang Co., Ltd. (603112.SH) announced the completion of a share reduction plan by Huaxiang Industrial, which involved the reduction of 16.2051 million shares, accounting for 3.00% of the company's total share capital [1] Summary by Category Share Reduction Details - Huaxiang Industrial reduced its holdings through two methods: centralized bidding and block trading, with 5.4017 million shares sold via centralized bidding and 10.8034 million shares sold through block trading [1] Timeline - The share reduction plan was disclosed and executed within a specified time frame, which concluded on February 12, 2026 [1]

Core Viewpoint - MiniMax-WP (0100.HK) experienced a significant stock price increase, reaching a new high following the launch of its latest programming model, MiniMax M2.5, which competes with top international models [1] Group 1: Stock Performance - On February 12, MiniMax-WP's stock surged by 24% during trading, peaking at 636.5 HKD, and closed with a gain of 14.62% at 588 HKD [1] - The company's market capitalization approached 200 billion HKD [1] Group 2: Product Launch - MiniMax announced the launch of its flagship programming model, MiniMax M2.5, designed for intelligent agent scenarios [1] - The M2.5 model features 10 billion activation parameters and offers advantages in memory usage and inference efficiency, with a faster inference speed compared to leading international models [1] - The model supports full-stack programming development across PC, App, and cross-platform applications, particularly excelling in productivity scenarios such as advanced Excel processing, deep research, and PPT [1]

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。 ...