经营分化，龙头领跑 社会服务 投资评级:看好(维持) 最近 12 月市场表现 -2% 9% 21% 32% 43% 54% 社会服务 沪深300 分析师 耿荣晨 SAC 证书编号：S0160525070002 gengrc@ctsec.com 分析师 周诗琪 SAC 证书编号：S0160525060006 zhousq@ctsec.com 相关报告 证券研究报告 行业投资策略报告 / 2025.09.12 核心观点 | 表 1：重点公司投资评级 | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 代码 | 公司 | 总市值 | 收盘价 | | EPS（元） | | | PE | | 投资评级 | | | | （亿元） | （09.11） | 2024A | 2025E | 2026E | 2024A | 2025E | 2026E | | | 00780 | 同程旅行 | 531.21 | 22.68 | 0.84 | 1.02 | 1.30 | 26.91 | 22.24 | ...

For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Has KANZHUN LIMITED Sponsored ADR (BZ) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.KANZHUN LIMITED Sponsored ADR is a member of our Computer and Technology group, which includes 605 different companies and curre ...

BOSS直聘-W(02076)发布公告，于2025年9月4日，该公司因行使购股权而发行29.54万股。 ...

Group 1 - The company BOSS Zhipin-W (02076) announced the issuance of 295,400 shares due to the exercise of stock options on September 4, 2025 [1]

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 看準科技有限公司 (於開曼群島註冊成立以同股不同權控制的有限責任公司） 呈交日期： 2025年9月4日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 不同投票權架構公司普通股 | 股份類別 | A | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02076 | 說明 | A類普通股 | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | 每 ...

FF301 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 公司名稱: 看準科技有限公司 (於開曼群島註冊成立以同股不同權控制的有限責任公司） 呈交日期: 2025年9月3日 I. 法定/註冊股本變動 | 1. 股份分類 | 不同投票權架構公司普通股 | 股份類別 | A | | 於香港聯交所上市 (註1) | | 是 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02076 | 說明 | A類普通股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 1,800,000,000 | USD | | 0.0001 USD | | | 180,000 | | 增加 / 減少 (-) | | | | | | USD | | | | | 本月底結存 | | | 1,800,000,000 | USD | | 0.0001 USD | | | 180,000 | 股份發行人及根據 ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

2025年秋季招聘正式迈入"金九银十"高峰期，应届生找工作的时候，也要看好"钱袋子"，避免落入骗子 编织的求职陷阱。BOSS直聘近日发布了《秋招安全提醒》，提示应届生求职者警惕"付费内推""虚假测 评""高薪兼职""培训贷"四类骗局。 警惕这四类求职陷阱，应届生尤其易中招 在《秋招安全提醒》中，BOSS直聘安全团队重点拆解了秋招期间应届生最易中招的四类骗局。 第一类，付费内推。常见套路是，不法分子冒充知名企业HR、内部员工或校招负责人，或自称"有关 系、有路子、有渠道"，以"内部渠道快速推进""付费内推名额有限"为名，承诺"×万元包进国/央企、互 联网大厂"，诱导求职者缴纳费用，类似的骗局还包括付费实习。应届生一旦轻信并付款，很快会发现 被拉黑，或者所谓"入职""实习"只是被安排去非目标公司。 第二类，虚假测评。不法分子常以"岗前能力测试""线上实训考核""线上试岗"为名，要求求职者下载陌 生App或点击不明链接，并要求求职者"绑定银行卡领取奖励""完成充值转账"等操作。 与此同时，BOSS直聘还为应届生给出了四点"风险防范 指南"： 一、选择官方渠道：投递简历应选择正规的招聘平台或 企业官网，拒绝点击来历不 ...

Core Viewpoint - The founder of Yupa Direct Recruitment, Zhou Feng, is actively promoting the company through a large-scale advertising campaign in major cities, positioning the platform as a competitor to established players like BOSS Zhipin and Zhilian Recruitment, with aspirations for significant market share and a future IPO [2][20]. Advertising Strategy - Yupa Direct Recruitment has launched an extensive offline advertising campaign in urban areas to reach both blue-collar and white-collar job seekers, transitioning from a previous focus on online channels [4][10]. - The company has invested approximately 1.5 billion yuan in online advertising previously, but is now finding offline advertising to be more cost-effective due to reduced budgets in the current economic environment [5][10]. - Zhou Feng emphasizes the importance of offline advertising for reaching decision-makers in companies, as they are more likely to notice these ads compared to online ones [5][10]. Market Positioning - Zhou Feng likens Yupa Direct Recruitment to "the Pinduoduo of the recruitment industry," highlighting its focus on the underserved blue-collar market, which traditional platforms have overlooked [11][20]. - The company has built a strong brand recognition among blue-collar workers over eight years, making it difficult for competitors to penetrate this market [11][20]. Strategic Expansion - The acquisition of Haitou.com and the launch of Yupa Campus Circle are part of the company's strategy to expand into the white-collar job market, targeting university students as a key demographic [12][13]. - Zhou Feng believes that the boundaries between blue-collar and white-collar workers are blurring, and the company aims to adapt to this changing landscape [15][20]. Financial Performance - Yupa Direct Recruitment has maintained a revenue growth rate of 50% annually, with expectations of a 30% growth rate for the current year [16]. - The company has a conservative financial approach, with significant cash reserves from previous funding rounds, allowing for continued investment in growth without immediate pressure [17][20]. Future Aspirations - The company aims to achieve a market valuation of 20-30 billion yuan within the next two to three years and plans to go public [20]. - Zhou Feng envisions Yupa Direct Recruitment as a comprehensive recruitment platform that satisfies both job seekers and employers, with a focus on performance and logical operations [20].

Summary of Key Points Core Viewpoint - The report highlights the top short-selling stocks in the Hong Kong market, indicating significant investor sentiment and potential market movements for these companies [1][2]. Short Selling Ratios - AIA Group Ltd (友邦保险-R) and JD Health (京东健康-R) both have a short-selling ratio of 100.00%, indicating complete short interest [1][2]. - JD Group (京东集团-SWR) follows with a short-selling ratio of 87.80% [1][2]. Short Selling Amounts - Alibaba Group (阿里巴巴-SW) leads in short-selling amount with 19.21 billion, followed by Tencent Holdings (腾讯控股) at 18.81 billion and Sanofi (三生制药) at 14.30 billion [1][2]. - Other notable companies include Meituan (美团-W) with 13.13 billion and BYD Company (比亚迪股份) with 12.05 billion [2]. Deviation Values - The top three stocks with the highest deviation values are Hong Kong Exchanges and Clearing (香港交易所-R) at 40.73%, AIA Group (友邦保险-R) at 37.99%, and JD Group (京东集团-SWR) at 36.59% [1][2]. - This deviation indicates a significant difference between current short-selling ratios and their historical averages [2]. Additional Insights - The report provides a detailed table of the top ten stocks by short-selling amounts, ratios, and deviation values, showcasing the current market sentiment towards these companies [2].