孙超严重违反党的组织纪律、廉洁纪律、工作纪律，构成严重职务违法并涉嫌受贿犯罪，且在党的十八 大、十九大后不收敛、不收手，性质严重，影响恶劣，应予严肃处理。依据《中国共产党纪律处分条 例》《中华人民共和国监察法》《中华人民共和国公职人员政务处分法》等有关规定，经中国移动通信 集团有限公司党组研究，决定给予孙超开除党籍处分；由中央纪委国家监委驻中国移动纪检监察组给予 孙超政务开除处分；收缴其违纪违法所得。云南省怒江傈僳族自治州监察委员会将其涉嫌受贿犯罪问题 移送检察机关依法审查起诉，所涉财物随案移送。 中央纪委国家监委网站讯 据中央纪委国家监委驻中国移动纪检监察组、云南省纪委监委消息：日前， 经中央纪委国家监委批准，中央纪委国家监委驻中国移动纪检监察组、云南省怒江傈僳族自治州监察委 员会对中国移动通信集团云南有限公司原党委委员、副总经理孙超严重违纪违法问题进行了立案审查调 查。 经查，孙超身为国有企业领导干部，理想信念丧失，纪律和规矩意识淡漠，无视中央八项规定精神，频 繁违规收受礼品礼金，违规接受、提供宴请，违规公款吃喝；违背组织原则，多次在员工录用、绩效考 核、岗位调整等工作中违规为他人谋取利益；廉洁意识淡薄， ...

Core Insights - On February 2, 2026, Alibaba-W (09988), Tencent Holdings (00700), and China Mobile (00941) were the top three companies by trading volume in the Southbound Stock Connect, with transaction amounts of 6.121 billion, 4.166 billion, and 3.225 billion respectively [1] - In the Shenzhen-Hong Kong Stock Connect, Alibaba-W (09988), Tencent Holdings (00700), and SMIC (00981) also led the trading volume, with transaction amounts of 3.730 billion, 2.511 billion, and 2.012 billion respectively [1] Southbound Stock Connect Top Active Companies - Alibaba-W (09988) had a trading amount of 6.121 billion with a net buy of -0.816 billion [2] - Tencent Holdings (00700) recorded a trading amount of 4.166 billion with a net buy of +0.880 billion [2] - China Mobile (00941) had a trading amount of 3.225 billion with a net buy of -0.134 billion [2] - SMIC (00981) had a trading amount of 2.965 billion with a net buy of -29.8693 million [2] - Other notable companies included Xiaomi Group-W (01810) with a trading amount of 2.096 billion and a net buy of +0.391 billion [2] Shenzhen-Hong Kong Stock Connect Top Active Companies - Alibaba-W (09988) had a trading amount of 3.730 billion with a net buy of +0.488 billion [2] - Tencent Holdings (00700) recorded a trading amount of 2.511 billion with a net buy of +0.424 billion [2] - SMIC (00981) had a trading amount of 2.012 billion with a net buy of -1.32 billion [2] - Other significant companies included China Mobile (00941) with a trading amount of 1.401 billion and a net buy of +0.0651447 billion [2]

中央纪委国家监委网站2月2日通报，据中央纪委国家监委驻中国移动纪检监察组、云南省纪委监委消 息：日前，经中央纪委国家监委批准，中央纪委国家监委驻中国移动纪检监察组、云南省怒江傈僳族自 治州监察委员会对中国移动通信集团云南有限公司原党委委员、副总经理孙超严重违纪违法问题进行了 立案审查调查。 经查，孙超身为国有企业领导干部，理想信念丧失，纪律和规矩意识淡漠，无视中央八项规定精神，频 繁违规收受礼品礼金，违规接受、提供宴请，违规公款吃喝；违背组织原则，多次在员工录用、绩效考 核、岗位调整等工作中违规为他人谋取利益；廉洁意识淡薄，违规借用供应商钱款，违规从事营利活 动；不正确履行职责，对生产经营中存在的问题不核实、不追责；利用职务便利帮助他人承揽项目和业 务，并非法收受巨额财物，涉嫌受贿犯罪。 孙超严重违反党的组织纪律、廉洁纪律、工作纪律，构成严重职务违法并涉嫌受贿犯罪，且在党的十八 大、十九大后不收敛、不收手，性质严重，影响恶劣，应予严肃处理。依据《中国共产党纪律处分条 例》《中华人民共和国监察法》《中华人民共和国公职人员政务处分法》等有关规定，经中国移动通信 集团有限公司党组研究，决定给予孙超开除党籍处分；由中 ...

韩伟严重违反党的政治纪律、组织纪律、廉洁纪律、工作纪律，构成严重职务违法并涉嫌受贿犯罪，且 在党的十八大后不收敛、不收手，性质严重，影响恶劣，应予严肃处理。依据《中国共产党纪律处分条 例》《中华人民共和国监察法》《中华人民共和国公职人员政务处分法》等有关规定，经中国移动通信 集团有限公司党组研究，决定给予韩伟开除党籍处分；由中央纪委国家监委驻中国移动纪检监察组给予 韩伟政务开除处分；收缴其违纪违法所得。吉林省松原市监察委员会将其涉嫌受贿犯罪问题移送检察机 关依法审查起诉，所涉财物随案移送。 经查，韩伟身为国有企业领导干部，理想信念丧失，纪律和规矩意识淡漠，违反政治纪律，对抗组织审 查；违反中央八项规定精神，频繁违规收受礼品礼金，多次违规接受宴请和旅游安排；违背组织原则， 违反干部选拔任用规定，多次在员工录用、岗位调整工作中违规为他人谋取利益；廉洁意识淡薄，在交 通、生活等方面谋取特殊待遇，违规公款报销个人费用，利用职权为特定关系人谋利；违反工作纪律， 插手干预采购活动。利用职务便利帮助他人承揽项目和业务，并非法收受巨额财物，涉嫌受贿犯罪。 中央纪委国家监委网站2月2日通报，据中央纪委国家监委驻中国移动纪检监察 ...

Summary of Key Points Core Viewpoint - The Hong Kong stock market experienced significant net inflows from northbound capital, with a total net buy of HKD 19.07 billion on February 2, 2023, indicating strong investor interest in certain stocks while others faced net sell-offs [1]. Group 1: Northbound Capital Activity - Northbound capital recorded a net buy of HKD 27.38 billion through the Shanghai Stock Connect and a net sell of HKD 8.3 billion through the Shenzhen Stock Connect [1]. - The most bought stocks included Tencent (00700), Xiaomi Group-W (01810), and China Life (02628) [1]. - The most sold stocks were Hua Hong Semiconductor (01347), Zijin Mining (02899), and CSPC Pharmaceutical Group (01093) [1]. Group 2: Individual Stock Performance - Alibaba-W (09988) had a net sell of HKD 3.28 billion, with plans to invest HKD 30 billion in a "Spring Festival Treat Plan" [6][7]. - Tencent (00700) saw a net buy of HKD 13.03 billion, boosted by the launch of its "Yuanbao" Spring Festival red envelope activity, which is expected to increase downloads and user engagement [4]. - China Life (02628) received a net buy of HKD 1.87 billion, supported by positive forecasts for its individual insurance sales [5]. - Hua Hong Semiconductor (01347) faced a net sell of HKD 6.15 billion, amid tightening order reviews from major chip manufacturers [6]. - Zijin Mining (02899) experienced a net sell of HKD 4.64 billion, as it announced plans to issue USD 1.5 billion zero-coupon convertible bonds for project financing [7].

智通财经APP获悉，沃什获美联储主席提名引爆鹰派预期，全球资产遭遇剧烈波动。港股三大指数全天 下行，恒指失守两万七大关，恒科指数午后一度跌超4%。截至收盘，恒生指数跌2.23%或611.54点，报 26775.57点，全日成交额为3478.86亿港元；恒生国企指数跌2.54%，报9080.19点；恒生科技指数跌 3.36%，报5526.31点。 华泰证券表示，当前市场回调更多是上涨过快的背景下，偏鹰派美联储主席提名导致的技术性回撤。该 行认为，经历了如此调整后，当前的核心问题是波动的持续性和会不会终结市场表现。当前情绪已在乐 观区间，且拥挤度尚未明显回落，波动短期或持续，但更多是回撤而不是反转。一季度市场空间的三个 驱动因素——流动性改善、资金面共振与盈利预期上修仍然成立。 蓝筹股表现 金沙中国(01928)逆市上扬。截至收盘，涨4.05%，报17.72港元，成交额7.76亿港元，贡献恒指2.66点。 澳门博彩监察协调局公布数据显示，1月博彩毛收入226.33亿澳门元，同比增长24%，较前一个月升 8.4%。摩根士丹利研报指出，澳门今年一月博彩总收入优于市场预期。又因农历新年8日假期全落在二 月，预计该月应能 ...

Core Viewpoint - The adjustment of the value-added tax rate from 6% to 9% for telecom services by major Chinese telecom operators will impact their revenue and profits, as announced by China Mobile, China Telecom, and China Unicom [1] Group 1: Tax Rate Adjustment - The tax rate for telecom services will increase from 6% to 9% starting January 1, 2026, as per the announcement from the Ministry of Finance and the State Taxation Administration [1] - The adjustment categorizes mobile data services, SMS, MMS, and internet broadband access from value-added telecom services to basic telecom services [1] Group 2: Financial Performance - For the first three quarters of 2025, China Mobile, China Telecom, and China Unicom reported revenues of 794.7 billion, 394.3 billion, and 293 billion respectively, with a decline in growth rates [1] - China Mobile's average revenue per user (ARPU) decreased to 48 yuan from 49.5 yuan year-on-year, while China Telecom's ARPU for 2024 was reported at 45.6 yuan [1] Group 3: Market Dynamics - Despite the tax increase, experts suggest that significant price hikes for consumers are unlikely due to the competitive market environment [2] - The shift from value-added to basic telecom services indicates a trend towards more inclusive pricing for mobile data and related services [2] Group 4: Emerging Business Growth - Telecom operators are accelerating their transition from traditional services to emerging businesses such as AI, computing power, and cloud computing [2] - Revenue from emerging businesses reached 168.1 billion, growing by 28.8% year-on-year, with cloud computing and big data showing remarkable growth rates of 94.8% and 33.3% respectively [2]

Market Performance - The Hang Seng Index closed down by 2.23% and the Hang Seng Tech Index fell by 3.36% [1] - Precious metals experienced significant declines, with Shandong Gold and Chifeng Gold dropping over 12%, Lingbao Gold down over 8%, and China Silver Group also down over 8% [1] Automotive Sector - Automotive stocks declined, with BYD falling nearly 7% and Xpeng Motors down over 6% [1] Telecommunications Sector - The three major telecom operators collectively weakened, with China Unicom down over 6%, China Telecom down over 5%, and China Mobile down over 2% [1] - The adjustment of the value-added tax rate for telecom services from 6% to 9% will impact the revenue and profits of these three companies [1]

Core Viewpoint - UBS reports that the recent VAT adjustment by China's three major telecom operators will have a significant negative impact on their profitability, as the affected services account for 45% to 60% of their projected service revenue for 2025 [1] Group 1: VAT Adjustment Impact - The VAT rate for mobile data, SMS/MMS, and internet broadband services will increase from 6% to 9% starting January 1, 2023 [1] - The adjustment is expected to reduce service revenue for telecom operators by approximately 1.5% to 2% [1] Group 2: Profitability Forecast - Assuming a corporate income tax rate of 25% and not considering other costs or tax deductions, the net profit impact for China Mobile, China Telecom, and China Unicom is estimated to be around 9%, 17.9%, and 18.2% respectively for 2025 [1] Group 3: Strategic Response - The three major telecom operators plan to enhance operational efficiency, focus on high-quality development, and accelerate transformation into emerging fields such as artificial intelligence and cloud services to mitigate the impact of the tax rate increase [1]

上天天基金APP搜索777注册即可领500元券包，优选基金10元起投！限量发放！先到先得！ 今天上午，A股调整，从盘面看，三大板块下跌，对市场影响较大。 首先，受大宗商品市场巨震的传导， 有色金属、油气开采、化工、大豆、玉米等板块上午大跌 ， 紫金矿业、洛阳钼业、"三桶油"等龙头股下跌。 其次，受相关业务的增值税税率调整， 三大运营商上午集体下跌。 最后， 科技股上午调整，存储芯片板块大跌 。有机构调研显示，上周DRAM现货价数月来首跌。 对此，业内人士表示，存储整体景气度仍在上行，DRAM价格数月来首次下跌，主要归因于现货价 格与期货价格巨大的价差。目前高价现货市场基本处于有价无市，市场的合约价格仍处于持续上涨 趋势中。也有分析称，可能是市场上的囤货，临近春节，出现部分抛售。 电力基建产业链上涨 今天上午，电力基建产业链上涨，电网设备板块大涨，个股掀起涨停潮，双杰电气、亿能电力、安 靠智电等个股涨幅居前。智能电网、特高压等板块上涨。 | | V | 电网设备 | | | | --- | --- | --- | --- | --- | | | | 7137.09 3.46% | | | | 成分股 | 基金 ...