此外，董事会建议将公司的英文名称由"Almana Limited"更改为"Honor Matrix Holdings Limited"，并将 中文名称由"曼妠有限公司"更改为"浩盟控股有限公司"。 曼妠(08186)发布公告，自2026年2月13日起，执行董事张智荣先生已获委任为联席主席。 ...

此外，公司通过北京贝黎诗及上海美丽田园医疗健康，分别于2025年11月21日根据11月21日认购自浦发 银行认购金额为人民币7000万元;于2025年11月28日根据11月28日认购自浦发银行认购金额为人民币 1000万元;及于2025年12月30日根据12月30日认购自浦发银行认购总金额为人民币8000万元的保本理财 产品。上述所有产品于本公告日期均仍尚未到期。 美丽田园医疗健康(02373)发布公告，于2026年2月13日，为有效利用闲置资金，集团的非全资附属公司 北京贝黎诗根据2月13日认购自浦发银行认购总金额为人民币8000万元的保本理财产品。 ...

维力生活科技(01703)发布公告，有关杰晟思控股(深圳)有限公司(呈请人)针对本公司提出的清盘呈请的 相关事宜。香港高等法院于2026年2月13日作出命令，驳回清盘呈请。 ...

中国煤层气(08270)发布公告，执行董事常建先生(常先生)因已达退休年龄，自2026年2月13日起辞任执 行董事职务。 ...

Group 1: Core Insights - UBS's in-depth research in China identifies two main industry themes for 2026: self-sufficiency and overseas expansion [1] - The research covered various sectors including technology, industrial, healthcare, consumer, and utilities, visiting over 100 companies and industry experts [1] - The report highlights a shift in investor interest, with capital goods, media entertainment, and real estate development seeing increased research focus, while semiconductor and automotive parts sectors experienced a decline [1] Group 2: Technology Sector Insights - The technology sector is a key focus, with advancements in self-sufficiency moving from isolated breakthroughs to industry-wide collaboration [2] - AI capital expenditure is expected to grow steadily in 2026, driven by strong demand for AI applications and local semiconductor production [3] - Despite uncertainties regarding H200 GPU imports, domestic supply chains are adapting through technology substitution and demand upgrades [3] Group 3: Semiconductor Developments - The localization of China's semiconductor industry is accelerating, with significant progress in advanced etching/ deposition equipment, advanced packaging, and high-end analog chips [4] - Capital expenditure for wafer fabrication equipment (WFE) is projected to grow by 10-15% annually, driven by capacity expansion in advanced logic and memory wafer fabs [4] - Domestic manufacturers anticipate a substantial increase in storage capital expenditure in 2026, aligning with a global upcycle in the storage industry [4] Group 4: Overseas Expansion Trends - Multiple industries, including industrial, biopharmaceuticals, and consumer goods, are focusing on overseas expansion as a key growth strategy [6] - In the industrial sector, overseas orders for AIDC and renewable energy storage equipment are increasing significantly [7] - The healthcare sector is also prioritizing global expansion, with biopharmaceutical companies actively pursuing international collaborations and local sales team development [9] Group 5: Key Recommendations - UBS recommends several core stocks in the technology and semiconductor sectors, including Northern Huachuang (advanced etching/ deposition), Changdian Technology (advanced packaging), and Horizon Robotics (edge AI) [5][12] - In the healthcare sector, companies like WuXi AppTec (CRO/CDMO) and 3SBio (biopharmaceuticals) are highlighted as key beneficiaries of global expansion [12] - The consumer sector sees recommendations for Jason Furniture (overseas expansion) and Leap Motor (new energy vehicles), while Gree Electric Appliances is advised to sell due to margin pressures [12] Group 6: Overall Industry Outlook - The report concludes that China's industrial development in 2026 will be characterized by a dual focus on self-sufficiency in technology and overseas expansion in various sectors [13] - The integration of these two themes is expected to enhance China's economic globalization, with technology supporting overseas expansion and vice versa [13] - Investment opportunities are identified in sectors with low crowding and improving fundamentals, as well as in high-growth areas like AI and semiconductors [13]

2025年度，面对电商行业竞争格局的演进以及新业态的呈现，公司进一步聚焦主营业务，为客户带来更 高效的服务体验。近年来，公司围绕着大商家SaaS业务的战略布局，在持续保持研发及市场投入力度的 同时，动态优化了研发的投入结构。公司大商家SaaS业务从过往几年的投入阶段转变为稳定回收阶段， 在产品功能逐步稳定实现的条件下，公司通过精细化管理优化研发投入结构，对部分成熟技术项目进行 阶段性收尾，缩减了重复投入。 光云科技(688365.SH)披露2025年度业绩快报，2025年度实现营业收入5.65亿元，同比增长18.33%;归属 于母公司所有者的净利润为亏损2638.02万元，上年同期亏损8204.61万元。 ...

Core Viewpoint - The company plans to acquire a 19.0526% stake in Beijing Health Technology Co., Ltd. from Chengdu Deyixin Huagu Equity Investment Partnership for 67.56052 million yuan, increasing its ownership in Beijing Health from 80.9474% to 100% [1] Group 1: Acquisition Details - The acquisition will be funded through the company's own or raised funds [1] - The stake corresponds to Chengdu Deyixin's paid-in capital of 67.37 million yuan [1] - The transaction is aimed at consolidating resources and enhancing operational decision-making efficiency [1] Group 2: Company Background - Beijing Health was established in December 2020 and serves as the sales and promotion platform for the company's main products [1] - The company focuses on the circulation of high-quality pharmaceuticals in the fields of digestive and anti-infective drugs [1] - Beijing Health has achieved profitability and its future earning capacity and operational risks are reliably estimable [1] Group 3: Strategic Implications - The acquisition aligns with the company's long-term development strategy and is expected to enhance synergy with its quality subsidiaries [1] - It is seen as beneficial for optimizing resource allocation and advancing the company's development strategy [1]

同时，澳新银行也提及白银市场因持续的工业供应短缺，预计将与金价保持高度联动，共同推高贵金属板块的整体表现。 澳新银行分析师称："银价仍将锚定于金价涨势。我们预计银价将跑输黄金，这意味着金银比将均值回归至70:1。" 近期市场波动后，交易所上调了保证金要求，这给市场流动性带来了挑战，从而加剧了价格波动。尽管近期的波动引发了黄金价格是否已见顶的疑问， 但"我们认为，此轮涨势尚未成熟到足以在短期内逆转。" 分析人士指出，市场关注点正越来越多地转向关税可能产生的影响，而这些影响尚未完全体现在经济或通胀数据中。对美联储未来信誉的担忧持续存在， 这营造出一种可能推高投资者对黄金等实物资产需求的环境。 尽管黄金近期从每盎司5600美元的历史高位回落，但澳新银行的分析师表示，此次回调可能会吸引新的投资，理由是持续的结构性支撑以及几乎没有趋势 逆转的迹象，预计到2026年第二季度价格将达到每盎司5800美元。 澳新银行分析师索尼库马里和丹尼尔海因斯在一份报告中称，宽松的美国货币政策、不断升级的地缘政治紧张局势、持续的政策不确定性以及美元走弱表 明，当前金价的走势与1980年或2013年的投机性泡沫顶峰有着本质区别，目前的上涨更 ...

每股认购股份3.0港元的认购价较于认购协议日期联交所所报每股股份收市价3.08港元的折让约2.6%。 认购事项所得款项总额约为5010万港元，而所得款项净额约5000万港元拟用于以下用途：与广州星伦安 全实业有限公司在工业物联网、工业软体及智能製造等领域开展业务合作;及╱或一般营运资金。 中国数智科技(01796)发布公告，于2026年2月13日，本公司与认购人订立认购协议，据此，本公司同意 根据认购协议所载条款及条件发行及配发且认购人同意按每股认购股份3.0港元的认购价认购1670万股 认购股份。 假设除认购事项之外，于本公告日期至完成日期期间，本公司已发行股本概无变动，则认购股份总数将 相当于本公司现有已发行股本约3.5%及本公司经发行认购股份扩大的已发行股本约3.4%。认购股份将 根据一般授权发行。 ...

Core Viewpoint - Private equity firms are striving to convince investors that their portfolios are resilient against the recent sell-off in the software sector, driven by concerns over artificial intelligence undermining competitiveness in the industry [1] Group 1: Company Performance and Portfolio Exposure - Ares reported that approximately 6% of its overall assets are invested in software companies, with a diversified portfolio minimizing exposure to AI-related risks [2] - Apollo Global Management has less than 2% exposure to the software industry, with its private equity business having nearly zero exposure [2] - KKR has about 7% of its portfolio in the software sector, while Blue Owl has 8%, both experiencing significant stock price declines of 29% and over 36% respectively in the past six months [3][6] Group 2: Market Reactions and Investor Sentiment - Despite strong financial performance, private equity firms have seen stock sell-offs, with one firm experiencing a nearly 6% drop this week and an 11% decline over the past six months [3] - Concerns about excessive investments in AI by alternative asset management firms have led to fears of potential losses if AI fails [6][7] - Analysts suggest that the narrative around alternative asset management firms suffering losses due to AI's transformative impact may be flawed, indicating a potential misjudgment in market sentiment [7]