智通财经APP获悉，根据2025年9月1日披露数据，爱康医疗(01789)、一脉阳光(02522)、上海復旦 (01385)港股通持股占比增加值最大，分别增加1.59%、1.19%、0.91%；恆生中国企业(02828)、盈富基 金(02800)、南方恆生科技(03033)港股通持股占比减少值最大，分别减少-15.91%、-7.39%、-2.67%。 在最近有统计数据的5个交易日内，安井食品(02648)、金力永磁(06680)、赣锋鋰业(01772)港股通持股占 比增加值最大，分别增加4.24%、3.94%、3.34%；山东墨龙(00568)、龙蟠科技(02465)、微盟集团 (02013)港股通持股占比减少值最大，分别减少-4.76%、-2.97%、-2.55%。 具体数据如下(交易所数据根据T+2日结算)： 1、港股通最新日占比增持榜(前20名) 公司名称 占比值变动 最新持股比例 爱康医疗(01789) +1.59% 20.34% 一脉阳光(02522) +1.19% 38.82% 上海復旦(01385) +0.91% 41.13% 晶泰控股(02228) +0.86% 41.75% 第四范式(066 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02013 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 3,615,888,208 | | 0 | | 3,615,888,208 | | 增加 / 減少 (-) | | | 0 | | 0 | | | | 本月底結存 | | | 3,615,888,208 | | 0 | | 3,615,888,208 | 第 2 頁 共 10 頁 v 1.1.1 | 截至月份: | 2025年8月31日 | | | | 狀態: 新提交 | | --- | --- | --- | --- | --- | --- | | 致：香港交易及結算所有限公司 | | ...

广告毛收入保持正增长，商家解决方案收入结构持续优化。1H25 商家解决方案收入3.38 亿元（YoY- 11.3%），公司于24H2 获广告平台方通知降低全年返点比例，因此，24H1 来自商家解决方案的收入应 相应调减1.48 亿元，导致同比基数上升，还原这部分影响，经调整的商家解决方案收入增长达45.3%。 公司主动调整客户结构，减少部分低毛利、高垫款、长账期客户，助力商户投放的广告毛收入约为 86.23 亿元，同比增长3.4%。25H1 该业务毛利率达91.3%（vs24H1 毛利率74.5%），主要系对代运营 TSO、金融等业务的削减。 全面拥抱AI，Agent 应用驱动商业化加速。25H1 公司的AI 产品收入约为0.34亿元人民币，其中构建 WAI SaaS、WAI Pro、WIME 三大产品，应用场景覆盖零售、营销、内容创作、运营管理。微盟WAI SaaS 为商家迅速搭建店铺运营，商家对店铺搭建agent 的环比使用率提升4.5 倍；WAI Pro 为重点商家提 供个性化AI 定制服务；WIME 面向专业级消费者，注册用户数达 11 万，收入环比增长 172%。当前公 司已搭建15 个Agent， ...

Core Insights - The article highlights the changes in the Hong Kong Stock Connect holdings, indicating significant increases and decreases in ownership percentages for various companies [1][2][3][4]. Summary by Category Increase in Holdings - The companies with the largest increases in Hong Kong Stock Connect holdings include: - Hang Seng China Enterprises (02828) with an increase of 5.48%, bringing the total holding to 6.10% - Tracker Fund of Hong Kong (02800) with an increase of 4.07%, totaling 4.76% - Anjoy Foods (02648) with an increase of 1.74%, now at 15.81% [2] - Other notable increases include: - Angelalign Technology (06699) +1.66% to 23.03% - Ganfeng Lithium (01772) +1.44% to 34.51% - East China Environmental Protection (00895) +1.44% to 43.67% [2] Decrease in Holdings - The companies with the largest decreases in Hong Kong Stock Connect holdings include: - Kinglong Motor Group (06680) with a decrease of 3.39%, now at 24.56% - Interstellar Technology (01725) with a decrease of 2.02%, totaling 10.16% - Goldwind (02208) with a decrease of 1.48%, now at 41.84% [3] - Other notable decreases include: - ZTE Corporation (00763) -1.35% to 56.09% - Longpan Technology (02465) -1.08% to 49.62% [3] Five-Day Changes - Over the last five trading days, the companies with the largest increases in holdings are: - Lens Technology (06613) +6.93% to 13.85% - ZTE Corporation (00763) +5.92% to 56.09% - Tongyu Pharmaceutical-B (02410) +5.40% to 14.72% [4] - The companies with the largest decreases in holdings over the same period include: - Hang Seng China Enterprises (02828) -14.01% to 6.10% - Tracker Fund of Hong Kong (02800) -4.36% to 4.76% [4] Twenty-Day Changes - In the last twenty days, the companies with the largest increases in holdings are: - Meizhong Jiahe (02453) +12.09% to 37.34% - Changfei Optical Fiber (06869) +10.66% to 54.73% - Tongyu Pharmaceutical-B (02410) +8.30% to 14.72% [5] - The companies with the largest decreases in holdings over the same period include: - Yisou Technology (02550) -10.13% to 47.88% - Chongqing Steel (01053) -5.27% to 31.55% [6]

Group 1 - JPMorgan Chase increased its stake in Weimob Group (02013) by approximately 22.56 million shares at a price of about HKD 2.77 per share [1] - The total amount for this transaction was approximately HKD 62.44 million [1] - After the increase, JPMorgan's total shareholding in Weimob Group reached approximately 192 million shares, representing a holding percentage of 5.31% [1]

香港联交所最新资料显示，8月25日，摩根大通增持微盟集团(02013)2256.1829万股，每股作价2.7675港 元，总金额约为6243.99万港元。增持后最新持股数目约为1.92亿股，最新持股比例为5.31%。 ...

Investment Rating - The report maintains a "Buy" rating for the company, with a target price of 2.65 HKD per share [5]. Core Insights - The company's SaaS business has stabilized sequentially, and the structure of advertising clients continues to optimize [1]. - The company reported a revenue of 775 million RMB for 1H25, a year-over-year decrease of 10.6%, primarily due to cost-cutting measures that reduced low-margin, low-quality small business operations [1]. - The adjusted net profit for 1H25 was 17 million RMB, marking the first profit since 2021, attributed to cost reduction and efficiency improvements [1]. Summary by Sections Subscription Revenue - Subscription solutions revenue for 1H25 was 438 million RMB, down 10.1% year-over-year, mainly due to the reduction of low-quality subscription businesses [2]. - The number of paying merchants decreased by 13.9% year-over-year to 59,100, while the average revenue per user (ARPU) increased by 4.5% to 7,402 RMB [2]. - The smart retail business generated 286 million RMB in revenue, accounting for 65.2% of subscription solutions revenue, despite a 6.1% year-over-year decline [2]. Advertising Revenue - Merchant solutions revenue for 1H25 was 338 million RMB, down 11.3% year-over-year, but adjusted revenue growth reached 45.3% after accounting for a reduction in the rebate ratio [3]. - The gross advertising revenue for merchants was approximately 8.623 billion RMB, reflecting a year-over-year growth of 3.4% [3]. - The gross margin for this business segment improved to 91.3% compared to 74.5% in 24H1, due to the reduction of low-margin businesses [3]. AI Integration - The company's AI product revenue reached approximately 34 million RMB in 1H25, with significant growth in user engagement for its AI solutions [4]. - The WAI SaaS product saw a 4.5-fold increase in usage for store operations, while WIME registered 110,000 users with a revenue growth of 172% [4]. - The company plans to continue expanding its AI applications and has developed 15 AI agents to enhance business operations [4]. Financial Forecast and Valuation - Revenue forecasts for 2025 and 2026 have been adjusted downwards to 1.58 billion RMB and 1.74 billion RMB, respectively, with a new forecast for 2027 set at 1.88 billion RMB [4]. - The report indicates a gradual stabilization of the SaaS business and an improvement in the merchant solutions segment due to strategic adjustments [4].

智通财经APP获悉，根据2025年8月27日披露数据，金力永磁（06680）、中兴通讯（00763）、蓝思科 技（06613）港股通持股占比增加值最大，分别增加4.65%、1.42%、1.31%；龙蟠科技（02465）、微盟 集团（02013）、山东墨龙（00568）港股通持股占比减少值最大，分别减少-2.70%、-2.38%、-1.80%。 在最近有统计数据的5个交易日内，中兴通讯（00763）、金力永磁（06680）、蓝思科技（06613）港股 通持股占比增加值最大，分别增加8.14%、6.89%、6.20%；恆生中国企业（02828）、盈富基金 （02800）、南京熊猫电子股份（00553）港股通持股占比减少值最大，分别减 少-10.17%、-4.01%、-2.99%。 | 锦欣生殖(01951) | -0.90% | 46.07% | | --- | --- | --- | | 马鞍山钢铁股份(00323) | -0.88% | 15.97% | | 移卡(09923) | -0.84% | 10.90% | | 南方恆生科技(03033) | -0.80% | 59.87% | | 建滔集团(001 ...

智通财经APP获悉，8月25日,阿里巴巴-W（09988）、康方生物（09926）、香港交易所（00388）南向 资金净流入金额位列市场前三，分别净流入5.81 亿、5.41 亿、4.34 亿 前10大资金净流入榜 | 股票名称 | 净流入(元)↓ | 净流入比 | 收盘价 | | --- | --- | --- | --- | | 阿里巴巴-W(09988) | 5.81 亿 | 2.88% | 124.500（+5.51%） | | 康方生物(09926) | 5.41 亿 | 25.36% | 169.500（-4.18%） | | 香港交易所(00388) | 4.34 亿 | 8.05% | 462.800（+3.30%） | | 快手-W(01024) | 4.28 亿 | 9.49% | 78.750（+5.14%） | | 地平线机器人-W(09660) | 4.01 亿 | 12.50% | 7.760（+1.31%） | | 中兴通讯(00763) | 3.97 亿 | 11.24% | 37.100（+2.88%） | | 晶泰控股(02228) | 3.95 亿 | 12.26% | ...

眼下，A/H股市场走牛，AI主线的科技叙事氛围愈发浓厚。而反观国内AI产业，伴随着2025年中期财报的相继出炉，一场以应用商业化为主导 的新叙事似乎也正在加速展开。 一、SaaS+AI商业化"开花结果"，微盟新曲线"初露头角" 微盟集团(02013.HK，以下简称"微盟")作为国内SaaS领域的领军企业，在其最近披露的2025年中报中首次披露了AI相关的收入，实现了商业化 落地的突破，也标志着其在"SaaS+AI"商业化之路上迎来开花结果。 财报显示，2025年上半年，微盟来自AI的相关收入约3400万元(人民币，单位下同)，主要来自AI工具矩阵(如WAI SaaS、WIME等产品)在电商 全流程化的应用。此外，得益于AI商业化的突破，微盟的订阅解决方案收入也实现环比提升1.38%达4.38亿元，步入企稳回升阶段。 富途显示，截止到8月26日，微盟集团自4月8日触底以来累计反弹幅度约94%，近乎翻倍，同期港股SaaS板块整体反弹超过50%。聪明资金的 持续流入，表明市场对微盟"AI+"战略的认可，以及对SaaS企业未来增长潜力的乐观预期。 SaaS 概念股 2025 年 1 月以来的股价分时行情 微盟集团20 ...