Core Viewpoint - Yuexiu Services (06626) anticipates a significant decline in profit for the fiscal year ending December 31, 2025, with a projected drop of approximately 20% to 25% in profit attributable to equity holders compared to the fiscal year ending December 31, 2024, and a core net profit decline of about 45% to 50% [1] Financial Performance - The expected decline in profit and core net profit is primarily attributed to a decrease in gross margin due to several factors [1] - The real estate industry's deep adjustment has led to a reduction in high-margin value-added services, such as brokerage services [1] - The phase-out of revenue from home decoration services, which are nearing completion, has resulted in decreased income and gross profit from this segment [1] - Increased operational expenses due to ongoing investments aimed at enhancing service quality and stabilizing commercial project occupancy rates [1] - Rising labor costs driven by policy adjustments [1] Future Outlook - For 2026, the company aims to pursue high-quality long-term growth and actively respond to industry adjustments [1] - The focus will be on scaling non-residential business and accelerating the adjustment of value-added services to cultivate profit growth points [1] - The company is committed to optimizing its structure and improving efficiency, moving towards its vision of becoming a "trusted smart city service provider" [1]

天风证券（601162）(601162.SH)发布公告，公司于近期收到中国证监会下发的《立案告知书》(编号： 证监立案字【0262026001】号)。因公司涉嫌福建省永安林业（000663）(集团)股份有限公司持股变动信 息披露违法违规，根据《中华人民共和国证券法》《中华人民共和国行政处罚法》等法律法规，决定对 公司立案。 ...

中国石油化工股份(00386)公布，董事会于2026 年2月13日收到李永林先生的辞职报告，李永林先生因工 作调整辞去中国石化（600028）执行董事、董事会战略委员会委员及高级副总裁职务。 ...

Core Viewpoint - Yuexiu Services (06626) anticipates a significant decline in profit for the fiscal year ending December 31, 2025, with a projected decrease of approximately 20% to 25% in profit attributable to equity holders compared to the fiscal year ending December 31, 2024, and a core net profit decline of about 45% to 50% [1] Financial Performance - The expected decline in profit and core net profit is primarily attributed to a decrease in gross margin [1] - Contributing factors include: 1. A reduction in high-margin value-added services, such as brokerage services, due to a deep adjustment in the real estate industry [1] 2. The completion of phase-based housing hard decoration projects, leading to decreased revenue and gross profit from this business [1] 3. Increased operational expenses due to ongoing investments aimed at enhancing service quality and stabilizing commercial project occupancy rates [1] 4. Rising labor costs resulting from policy adjustments [1] Future Outlook - For 2026, the company aims to pursue high-quality long-term growth and actively respond to industry adjustments [1] - The focus will be on scaling non-residential business and adjusting value-added services to cultivate profit growth points [1] - The company is committed to optimizing its structure and improving efficiency, moving towards its vision of becoming a "trusted smart city service provider" [1]

西普尼公告，根据对集团截至2025年11月30日止11个月之未经审核综合管理帐目之初步审阅，其录得净 利润超过人民币9000万元。根据集团之现有资料，相对于截至2024年12月31日止年度净利润约人民币 4900万元，预期集团截至2025年12月31日止年度将录得更高的净利润。集团净利润的预期增长主要基 于：(1)由于饰品的销售收入增加；及(2)由于销售手表的毛利率增加。 2月13日，恒生指数公司宣布截至2025年12月31日之恒生指数系列季度检讨结果，其中西普尼(02583)获 纳入恒生综合指数。变动将于2026年3月6日(星期五)收市后实施并于2026年3月9日(星期一)起生效，届 时沪深交易所会相应调整港股通可投资标的范围。据中金研报，西普尼有可能被调入港股通，因其满足 了包括市值、流动性和上市时间等在内的一系列标准。 ...

西南证券（600369）(600369.SH)披露向特定对象发行A股股票预案，发行对象为包括渝富控股及其一致 行动人重庆水务（601158）环境集团在内的符合中国证监会及上交所规定条件的不超过35名(含35名)特 定对象。其中，渝富控股认购金额为15亿元，重庆水务环境集团认购金额为10亿元。本次向特定对象发 行A股股票募集资金总额不超过60亿元，扣除发行费用后拟全部用于补充公司资本金。 ...

Group 1 - The Hang Seng Index Company announced the quarterly review results for the Hang Seng Index series as of December 31, 2025, with HiDiDri (03881) being included in the Hang Seng Composite Index [1] - The changes will be implemented after market close on March 6, 2026, and will take effect on March 9, 2026, leading to adjustments in the eligible stocks for the Hong Kong Stock Connect [1] - According to CICC's research report, HiDiDri is likely to be included in the Hong Kong Stock Connect due to meeting various criteria, including market capitalization, liquidity, and listing time [1] Group 2 - Everbright Securities released a report forecasting HiDiDri's Non-IFRS net loss for 2025E to be 76 million yuan, representing a year-on-year reduction in loss of 39.8% [1] - The forecast for 2026E and 2027E indicates Non-IFRS net profits of 75 million yuan and 357 million yuan, respectively [1] - The firm is optimistic about HiDiDri's core business of autonomous mining trucks accelerating its growth and maintaining industry leadership through technological, scenario, and commercialization advantages, initiating coverage with a "Buy" rating [1]

2月13日，恒生指数公司宣布截至2025年12月31日之恒生指数系列季度检讨结果，其中不同集团(06090) 获纳入恒生综合指数。此次变动将于2026年3月6日(星期五)收市后实施并于2026年3月9日(星期一)起生 效，届时沪深交易所会相应调整港股通可投资标的范围。机构指出，不同集团有望借此机会纳入港股 通，迎来发展新契机。 港股通标的的调整历来备受市场关注，不仅直接影响相关个股的市场流动性、估值定价，更能为内地投 资者挖掘新的优质投资标的，实现资金与优质资产的精准对接。 此前，根据LiveReport大数据测算，本次恒生综指纳入的市值门槛约为93亿港元。中金研报指出，不同 集团有可能被调入港股通，因其满足了包括市值、流动性和上市时间等在内的一系列标准。 资料显示，不同集团前瞻性地聚焦于高端母婴品牌细分市场。自2019年推出高端母婴品牌BeBeBus以 来，不同集团以差异化战略快速崛起，凭借先发优势迅速占领用户心智，已成为这一细分赛道的佼佼 者。据弗若斯特沙利文数据，按2024年的GMV计算，BeBeBus在中国面向中高端消费者的耐用型育儿 产品品牌中排名第一，市场优势地位稳固。 值得注意的是，不同集团的行 ...

Group 1 - The core announcement is that 聚水潭 (06687) will be included in the Hang Seng Composite Index, with changes effective from March 9, 2026 [1] - The inclusion is expected to lead to adjustments in the eligible stocks for the Hong Kong Stock Connect, as it meets criteria such as market capitalization, liquidity, and listing duration [1] - 中金 (CICC) has initiated coverage on 聚水潭, giving it an "outperform" rating with a target price of HKD 41 [1] Group 2 - 聚水潭 is recognized as a leading player in the global e-commerce SaaS market, with significant competitive advantages and a clear growth strategy [1] - The company is anticipated to enter a phase of steady revenue growth and rapid profit release [1] - CICC forecasts earnings per share for 聚水潭 to be RMB 0.25, 0.86, and 1.38 for the years 2025 to 2027, with a compound annual growth rate of 135% from 2024 to 2026 [1]

2月13日，恒生指数公司宣布截至2025年12月31日之恒生指数系列季度检讨结果，其中果下科技(02655) 获纳入恒生综合指数。变动将于2026年3月6日(星期五)收市后实施并于2026年3月9日(星期一)起生效， 届时沪深交易所会相应调整港股通可投资标的范围。据中金研报，果下科技有可能被调入港股通，因其 满足了包括市值、流动性和上市时间等在内的一系列标准。 近日，上能电气（300827）与果下科技在上能电气总部签署战略合作协议。根据协议，双方在过往合作 的基础上进一步发挥各自优势，围绕储能领域在市场开拓与项目推广方面深化合作，共同提升全球范围 内的品牌影响力，助推全球能源结构向更绿色、可持续方向转型。 ...