Major Events - Xunce (03317) has been included in the Hang Seng Index series [1] - Zhonghui Biotech-B (02627) has been included in the Hang Seng Composite Index [1] - Woan Robotics (06600) has been included in the Hang Seng Composite Index [1] - Guangdong-Hong Kong-Macau Holdings (01396) has been included in the MSCI China Small Cap Index [1] - Different Group (06090) has been included in the Hang Seng Index series [1] - Jinfang Pharmaceutical-B (02595) has been included in both the Hang Seng Index series and MSCI Index [1] - Huitongda Network (09878) has completed the acquisition of a 25% stake in Jintongling (300091.SZ), accelerating the implementation of its "integrated production and sales" strategy [1] - Yingda Real Estate (00432) has received a $400 million offer to acquire Rafflesia Investment Limited [1] Operating Performance - SF Holding (06936) reported a total revenue of 26.86 billion yuan from its express logistics, supply chain, and international businesses in January, a year-on-year increase of 2.22% [1] - Lukoil (06623) announced a total revenue of 24.513 billion yuan for the fiscal year 2024 [1] - YTO Express International (06123) issued a profit warning, expecting a net loss of approximately 145 million to 154 million HKD for the fiscal year 2025 [1] - Sands China Ltd. (01928) reported a net profit of $896 million for 2025, a year-on-year decrease of 14.3% [1] - Shanghai Fudan (01385) reported a net profit attributable to shareholders of approximately 232 million yuan for 2025, a year-on-year decrease of 59.42% [1] - Ronshine China (03301) reported a total contract sales amount of approximately 21.8 million yuan in January, a year-on-year decrease of 37.71% [1] - Greater China Financial (00431) reported a shareholder loss of 113 million HKD for 2024, a year-on-year decrease of 75.98% [1]

盈大地产，公司正就要约的条款进行深入磋商。董事会谨此强调，要约相关交易未必会进行，以及任何 根据要约进行的交易，均须根据《香港联合交易所有限公司证券上市规则》(「《上市规则》」)，经公 司股东于股东大会上批准。 免责声明：本文内容与数据由观点根据公开信息整理，不构成投资建议，使用前请核实。 公告披露，Rafflesia InvestmentLimited拥有位于印尼雅加达的顶级商业物业 Pacific Century Place, Jakarta。 观点网讯：2月13日午间，盈大地产公告称，于公告日，公司接获独立第三方的要约，以代价4亿美元收 购Rafflesia Investment Limited(为公司间接全资附属公司)。 ...

Core Viewpoint - The company is selling its entire stake in Midtown Niseko, Japan, for $80 million to optimize its property portfolio and enhance financial flexibility [1][2]. Group 1: Transaction Details - The sale involves the entire issued share capital and shareholder loans of the target company, Triple8KK, which operates the eco-hotel Midtown Niseko [1]. - The agreement was signed on February 13, 2026, between the seller, Jiahua Investment Limited, a wholly-owned subsidiary of the company, and the buyer, Ryugu Holdco Pte. Ltd. [1]. Group 2: Strategic Rationale - The sale is seen as a timely opportunity to realize the investment in Midtown Niseko at an attractive valuation, generating significant cash proceeds [2]. - The net proceeds from the sale are expected to be used to improve the company's financial position, including reducing debt to lower ongoing borrowing costs and reallocating resources to ongoing and potential residential projects in Japan, Thailand, and Hong Kong [2]. - Additionally, the proceeds will enhance working capital, covering employee costs, rent, and other indirect expenses, allowing the company to seize new business opportunities as they arise [2].

Group 1 - The company, Yingda Real Estate, announced the sale of its entire issued share capital and shareholder loans of the target company, Triple8 KK, which operates Midtown Niseko in Japan, for a total consideration of $80 million [1][2] - The target company is an eco-hotel located in Niseko, Hokkaido, Japan, and the sale is seen as a timely opportunity to optimize the company's property portfolio amid the recent property market conditions in Japan [2] - The board expects the net proceeds from the sale to be used to enhance the company's financial position, including reducing debt to lower borrowing costs and reallocating resources to ongoing and potential residential projects in Japan, Thailand, and Hong Kong [2] Group 2 - The sale is anticipated to generate significant cash inflow, thereby improving the company's financial flexibility and operational capacity [2] - The proceeds will also be utilized to enhance working capital, covering employee costs, rent, and other indirect expenses, enabling the company to seize new business opportunities as they arise [2]

Core Viewpoint - Yingda Real Estate (00432) announced the receipt of an offer from an independent third party to acquire Rafflesia Investment Limited for a price of 400 million USD, which is a wholly-owned subsidiary of the company [1] Group 1 - The acquisition involves Rafflesia Investment Limited, which owns a prime commercial property located in Jakarta, Indonesia, known as Pacific Century Place, Jakarta [1]

Core Viewpoint - Yingda Real Estate (00432) has received an offer from an independent third party to acquire Rafflesia Investment Limited for a price of 400 million USD, which is a wholly-owned subsidiary of the company [1] Group 1 - The acquisition is set to take place on February 13, 2026 [1] - Rafflesia Investment Limited owns the premium commercial property Pacific Century Place, Jakarta, located in Indonesia [1]

Core Viewpoint - Yingda Real Estate (00432.HK) has received an offer from an independent third party to acquire Rafflesia Investment Limited for a price of 400 million USD, which owns the premium commercial property Pacific Century Place, Jakarta in Indonesia [1] Group 1 - The acquisition offer is currently under negotiation, and the board emphasizes that the transaction may not proceed [1] - Any transaction resulting from the offer must be approved by the company's shareholders at a general meeting in accordance with the Hong Kong Stock Exchange Listing Rules [1] - Shareholders and potential investors are advised to act cautiously when trading the company's shares [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發 表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承 擔任何責任。 PACIFIC CENTURY PREMIUM DEVELOPMENTS LIMITED 盈科大衍地產發展有限公司* （於百慕達註冊成立的有限公司） （股份代號：00432） 非常重大出售事項 出售於日本擁有 MIDTOWN NISEKO 的目標公司 出售事項 於本公告日期，本集團透過目標公司於日本擁有及經營 Midtown Niseko。 於 2026 年 2 月 13 日，賣方（本公司的全資附屬公司）與（其中包括）買方訂立股份出售協議， 內容有關根據股份出售協議的條款及條件出售待售股份（即目標公司的全部已發行股本）及股東 貸款。交割後，本集團將不再持有目標公司的任何權益，其財務業績亦將不再併入本集團的財務 報表內。 《上市規則》的涵義 由於出售事項的其中一項適用百分比率（定義見《上市規則》第 14.07 條）超過 75%，故此根據 《上市規則》第十四章，股份出售協議項下擬進行的交易構成本公司的非常重 ...

接獲收購本公司之附屬公司的要約 PACIFIC CENTURY PREMIUM DEVELOPMENTS LIMITED 盈科大衍地產發展有限公司* （於百慕達註冊成立的有限公司） （股份代號：00432） 盈科大衍地產發展有限公司（「本公司」，連同其附屬公司統稱為「本集團」）董事會（「董 事會」）欣然宣佈，於 2026 年 2 月 13 日，本公司接獲獨立第三方的要約，以代價 4 億美元收 購 Rafflesia Investment Limited（為本公司之間接全資附屬公司）（「要約」）。Rafflesia Investment Limited 擁有位於印尼雅加達的頂級商業物業 Pacific Century Place, Jakarta。 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性 亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致 的任何損失承擔任何責任。 李澤楷及林裕兒（副主席及集團董事總經理） 承董事會命 盈科大衍地產發展有限公司* 法律事務總監兼公司秘書 張國權 香港，2026 年 2 月 13 日 於本公 ...

Market Overview - The Hong Kong stock market showed a slight recovery with the Hang Seng Index up by 0.54% to 27,172.87 points, the Hang Seng Tech Index up by 0.84% to 5,463.17 points, and the National Enterprises Index up by 0.78% to 9,239.54 points, while the Red Chip Index fell by 0.1% to 4,391.08 points [1] Company Dynamics - Pop Mart (09992.HK) expects global sales of over 400 million units across all IP categories by 2025, with THE MONSTERS category alone projected to exceed 100 million units [2] - Youjia Innovation (02431.HK) has secured a contract with a leading domestic automotive brand to provide advanced driving assistance controllers and driver monitoring systems for several key models [2] - Ruifeng New Energy (00527.HK) signed an investment framework agreement to build the largest inference computing cluster park in North China, with a total investment of approximately RMB 24 billion [2] - Xian Dao Intelligent (00470.HK) set its H-share offering price at HKD 45.80 per share, with the adjustment rights fully exercised [3] - Hong Kong Telecom (06823.HK) reported a 5% year-on-year increase in total revenue to HKD 36.553 billion for 2025, with EBITDA rising 4% to HKD 14.234 billion, and attributable profit increasing 4% to HKD 5.286 billion, driven by stable operations and effective cost control [3] - China Nuclear International (02302.HK) issued a positive profit alert, expecting revenue for 2025 to exceed approximately HKD 2.46 billion, with gross profit expected to be at least HKD 260 million, primarily due to increased uranium trading volumes [3][6] - Mingyuan Cloud (00909.HK) anticipates a net profit of approximately HKD 26.9 million to HKD 32.8 million for 2025, representing a turnaround and growth of about 114% to 117%, attributed to improved operational efficiency [3] - Yingda Real Estate (00432.HK) reported a net loss of HKD 69 million for 2025, a 70% reduction year-on-year [4] - China Oriental Education (00667.HK) expects a 46% to 51% increase in net profit for 2025 [5] - Carrot (02549.HK) issued a profit warning, projecting a 25% to 35% decrease in profit for 2025 [7] - Xiaomi Group (01810.HK) repurchased 1.5 million shares for HKD 52.7268 million at prices between HKD 35.04 and HKD 35.24 [8] - Geely Automobile (00175.HK) repurchased 1.408 million shares for HKD 23.4587 million at prices between HKD 16.46 and HKD 16.81 [8] Institutional Insights - GF Securities noted that the Hang Seng Index has an 82% probability of rising in the three trading days before the Spring Festival, with no significant calendar effects post-holiday, indicating a potential "passive follow" increase due to stronger correlation with A-shares [9] - Everbright Securities highlighted a market environment of "moderate fundamental recovery and synchronized liquidity," recommending a "growth + value" strategy focusing on AI, non-ferrous metals, chemicals, and insurance [10] - Dongfang Caifu Securities pointed out that Hong Kong stocks are at historical low valuations (Hang Seng Index PE at only 12 times), making southbound capital attractive for bottom-fishing, with short-term sentiment boosted by this capital [10]