Market Overview - AMD's overnight drop of 17% triggered a significant decline in chip stocks, leading to a 1.95% drop in the Chinese concept index, which negatively impacted the Hong Kong stock market [1] - The Hang Seng Index fell by 340.88 points, or 1.27%, to 26,506.44 points, while the Hang Seng Tech Index decreased by 62.30 points, or 1.16%, to 5,304.14 points [1] - Major tech stocks like Tencent and Alibaba saw declines of nearly 3% and 2.5%, respectively, with Tencent's market value dropping below 500 billion [1] Company Performance - Xinda Biopharmaceuticals (01801.HK) projected total product revenue of approximately RMB 11.9 billion for 2025, reflecting a year-on-year growth of about 45% [2] - Lee & Man Paper Manufacturing (02314.HK) expects profits for 2025 to be between HKD 1.88 billion and HKD 2.00 billion, indicating a year-on-year increase of 38% to 47% [2] - ZTO Express (02057.HK) anticipates total revenue of RMB 48.5 billion to RMB 50 billion for 2025, representing a year-on-year growth of approximately 9.5% to 12.9% [2] - China Resources Cement (01313.HK) forecasts a year-on-year profit increase of about 115% to 135% for 2025, driven by reduced costs and impairment losses [2] Corporate Actions - Goldin Properties (00535.HK) reported a January contract sales total of approximately RMB 239 million, a year-on-year decrease of 61.82% [3] - Fosun International (00656.HK) plans to subscribe for additional registered capital of RMB 105 million in Shangmeng Technology, acquiring a 51.0879% stake post-increase [3] - Shanghai Pharmaceuticals (02607.HK) intends to publicly transfer its 30% stake in Bristol-Myers Squibb, with a minimum listing price of approximately RMB 1.023 billion [3] - China Coalbed Methane (08270.HK) completed the sale of 100% equity in Shanxi Qingshui Shuntai Energy Development [4] Investment Trends - The active repurchase of shares continues, with Kingsoft (03888.HK) repurchasing 1.0886 million shares for approximately HKD 29.99 million [9] - Xiaomi Group (01810.HK) repurchased 4.3 million shares for a total of HKD 146 million [10] - Kingdee International (00268.HK) repurchased 1 million shares for approximately HKD 11.1 million [11] Market Outlook - Guoyuan International's report suggests that the Hong Kong stock market may experience short-term volatility due to external factors, but maintains a positive long-term outlook [12] - CITIC Securities highlights the potential for new investment opportunities in emerging markets, despite risks from rising oil prices and long-term bond yields [12] - Galaxy Securities recommends focusing on technology, energy, precious metals, and consumer sectors for potential rebounds [13]

| TRANSFE | 大股東/華事/最高行政人員名 作出披露的 買入 / 賣出或涉及8 每股的平均價 | | | | 持有權益的股份數目 佔已發行的 有關事件的日期 在 | | --- | --- | --- | --- | --- | --- | | | 版 7 5 = | | | (語參閱 一球 * 許 | 有投票權股(日/月/年) | | | | | | | 分自分 上 | | CS20260204E00258 | JPMorgan Chase & Co. HKD 13.1392 | 1001(L) | 4,737,975(L) | 178.210.094(L) | 5.02(L)30/01/2026 | | | | 1403(S) | 4,655,792(S) | 68.087.284(S) | 1.91(S) | | | | | | 46,122,916(P) | 1.29(P) | | 股份代號: | 00268 | | --- | --- | | 上市法國名稱: | 金蝶國際軟件集團有限 | | 日期 (日 / 月 / 年): | 04/01/2026 - 04/02/20 | 格隆汇2月4日 ...

Core Viewpoint - Nvidia CEO Jensen Huang dismissed concerns that AI will replace software tools, stating that such fears are illogical and that AI will continue to rely on existing software rather than reinventing foundational tools [2][4]. Group 1: Market Reaction - The release of a new AI automation tool by Anthropic led to a significant market sell-off, with software, financial services, and asset management sectors collectively losing approximately $300 billion in market value [1][2]. - A basket of U.S. software stocks fell by 6%, marking the largest single-day decline since April of the previous year, while the financial services index plummeted nearly 7% [3][12]. - The Indian IT exporter index dropped nearly 6%, following the global trend in software stock declines [12][14]. Group 2: Analyst Insights - Analysts indicated that the current environment for software companies is one of presumption of guilt, where positive earnings are insufficient to reassure the market unless companies can convincingly demonstrate that AI will be a sustainable growth driver rather than a long-term drag [4][15]. - Concerns were raised about the "seat-based" pricing model, where software vendors charge per user, as AI tools may reduce the number of logins or users needed, potentially undermining this revenue model [4][15]. - The introduction of new AI tools, such as Anthropic's latest legal tool, could exacerbate investor concerns regarding the software sector [4][15]. Group 3: Stock Performance - Thomson Reuters saw a stock price decline of 15.67%, closing at $91.95, with a significant drop in trading volume [5][6]. - LegalZoom's stock fell by 19.68%, closing at $7.33, reflecting broader market fears [8][9]. - Other companies providing legal tools or research databases, such as Thomson Reuters and LegalZoom, experienced stock declines exceeding 12% [4][15].

盘面上，大型科技股多数走低，腾讯控股跌近4%，哔哩哔哩、网易跌超3%，百度集团跌近3%，小米集团、美团跌超1%；苹果概念股走弱，丘钛科技、 富智康集团、高伟电子跌超4%，瑞声科技跌超3%，舜宇光学科技跌超1%；半导体股多数下跌，上海复旦跌超5%，华虹半导体跌超4%，中芯国际跌超 2%；应用软件股下挫，金蝶国际跌超12%。 【导读】港股涨跌不一，应用软件股大跌！香港财政司司长陈茂波最新发声 2月4日，港股震荡，三大指数走势分化。 截至收盘，恒生指数涨0.05%，报26847.32点；恒生科技指数跌1.84%，报5366.44点；恒生国企指数跌0.05%，报9048.38点。 锂电池股齐涨，宁德时代（300750）涨超4%；煤炭股上扬，兖矿能源（600188）涨超10%，中煤能源（601898）涨超8%，中国神华（601088）、首钢资 源涨超5%。 | 名称 | 现价 | 涨跌幅 | | --- | --- | --- | | 腾讯控股 | 558.000 | -3.96% | | 0700.HK | | | | 阿里巴巴-W | 159.500 | -0.93% | | 9988.HK | | | | 小米集 ...

香港联交所最新资料显示，1月30日，小摩增持金蝶国际(00268)473.7975万股，每股作价13.1392港元， 总金额约为6225.32万港元。增持后最新持股数目约为1.78亿股，最新持股比例为5.02%。 ...

智通财经APP获悉，香港联交所最新资料显示，1月30日，小摩增持金蝶国际(00268)473.7975万股，每 股作价13.1392港元，总金额约为6225.32万港元。增持后最新持股数目约为1.78亿股，最新持股比例为 5.02%。 ...

作者：观察君 2月4日，港股收盘，恒生指数收涨0.05%，报26847.32点；恒生科技指数收跌1.84%，报5366.44点。 板块方面，煤炭股涨幅居前，兖矿能源涨超10%，中国神华涨超5%；芯片股走势疲软，上海复旦跌超 5%，华虹半导体跌近5%；科网股整体表现低迷，腾讯控股跌近4%，哔哩哔哩跌超3%；内房股集体走 高，世茂集团涨超14%，融创中国涨超8%。恒生指数成分股中，信义玻璃、中国神华、华润置地涨幅 靠前；携程集团-S、腾讯控股、网易-S跌幅居前。恒生科技指数成分股中，理想汽车-W、零跑汽车、 海尔智家涨幅靠前；金蝶国际、携程集团-S、同程旅行跌幅居前。 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 本文源自：市场资讯 ...

Group 1 - The core announcement is that Kingdee International (00268.HK) plans to repurchase 1 million shares at a total cost of HKD 11.0597 million, with a per-share price ranging from HKD 11.05 to HKD 11.10 [1] - As of the market close on February 4, 2026, Kingdee International's stock price was HKD 11.06, reflecting a decline of 12.64% with a trading volume of 145 million shares and a total transaction value of HKD 1.601 billion [1] - Investment banks predominantly rate the stock as a buy, with two firms issuing buy ratings in the last 90 days and an average target price of HKD 19.7 [1] Group 2 - Kingdee International has a market capitalization of HKD 44.936 billion and ranks third in the computer application industry [2]

金蝶国际(00268)发布公告，该公司于2026年2月4日斥资1105.97万港元回购100万股股份，每股回购价格 为11.05-11.1港元。 ...

格隆汇2月4日丨金蝶国际(00268.HK)发布公告，2026年2月4日耗资1105.97万港元回购100万股，回购价 格每股11.05-11.1港元。 ...