大和发表报告，将舜宇光学科技的目标价由85港元降至72港元，维持"跑赢大市"评级。大和认为，存储 器价格上涨将在2026年为智能手机市场带来不可避免的逆风，尽管相关风险已基本反映在舜宇光学股价 中，但认为短期市场情绪仍然冷淡。该行对该舜宇光学长远增长仍持乐观态度，因智能手机相机规格升 级的结构性趋势；每辆汽车搭载的相机内容日益增加；XR技术庞大的市场潜力。 ...

Group 1 - On January 21, 42 Hong Kong-listed companies conducted share buybacks, totaling 29.73 million shares and an amount of HKD 512 million [1] - Xiaomi Group-W had the highest buyback amount of HKD 248 million, repurchasing 7 million shares [1] - Other notable buybacks included Pop Mart with HKD 96.49 million and Sunny Optical Technology with HKD 61.39 million [1] Group 2 - The highest buyback price for Xiaomi was HKD 35.480, while the lowest was HKD 35.220, with a cumulative buyback amount of HKD 20.49 billion for the year [1] - Pop Mart's buyback ranged from HKD 194.900 to HKD 191.100, with a cumulative buyback amount of HKD 348 million for the year [1] - Sunny Optical Technology's buyback prices were between HKD 63.950 and HKD 62.300, with a cumulative buyback amount of HKD 686 million for the year [1]

Market Overview - The Hong Kong stock market opened higher on January 22, with the Hang Seng Index rising by 0.62% to 26,750.51 points, the Hang Seng Tech Index increasing by 0.85% to 5,795 points, and the National Enterprises Index up by 0.55% to 9,173.54 points [1] - Major tech stocks mostly rose, with Alibaba up 1.72%, Tencent Holdings up 0.33%, JD Group up 0.98%, and Xiaomi Group up 0.9% [1] - Chip stocks opened high, with Zhaoyi Innovation rising over 7% [1] - The innovative drug concept was active, with WuXi Biologics rising over 1% [1] - Gold stocks generally fell, with Shandong Gold down over 2% [1] - Longqi Technology's IPO on the Hong Kong stock market saw a nearly 13% increase on its first day [1] Company News - Shanghai Electric (02727.HK) expects a net profit of RMB 1.1 billion to RMB 1.32 billion for 2025, an increase of approximately 47% to 76% year-on-year [2] - Kingdee International (00268.HK) anticipates total revenue of approximately RMB 6.95 billion to RMB 7.05 billion for 2025, a year-on-year growth of about 11.1% to 12.7% [2] - Beijing Machinery Electric (00187.HK) expects a net loss of RMB 46 million to RMB 55.2 million for 2025, primarily due to intensified international trade frictions affecting its gas storage and transportation export business [2] - Chow Tai Fook (01929.HK) reported a retail value growth of 17.8% for the three months ending December 31, 2025, with mainland China retail value increasing by 16.9% [2] - Zai Lab (09911.HK) anticipates a cumulative download of approximately 970 million for its social business by 2025, a year-on-year increase of about 5.9% [2] Strategic Developments - Ruiri Medical Technology (01696.HK) signed a letter of intent for cooperation with Stryker Medical to establish localized production in China [3] - Cathay Pacific (00293.HK) and Hong Kong Express expect to carry over 36 million passengers in 2025, a year-on-year increase of 27% [4] - Shenyang Public Development (00747.HK) has initiated edge computing infrastructure and service business [5] - Flat Glass Group (06865.HK) plans to absorb and merge with Zhongda Quartz Development [6] Share Buybacks - Xiaomi Group (01810.HK) repurchased 7 million shares for HKD 248 million at prices between HKD 35.22 and HKD 35.48 [7] - Pop Mart (09992.HK) repurchased 500,000 shares for HKD 96.49 million at prices between HKD 191.1 and HKD 194.9 [8] - Sunny Optical Technology (02382.HK) repurchased 970,000 shares for HKD 61.39 million at prices between HKD 62.30 and HKD 63.95 [9] - Geely Automobile (00175.HK) repurchased 2.376 million shares for HKD 39.62 million at prices between HKD 16.62 and HKD 16.81 [10] Financial Instruments - Huaneng International Power (00902.HK) completed the issuance of RMB 2 billion medium-term notes [11] - CICC (03908.HK) plans to issue up to RMB 5 billion in bonds for technology innovation companies [12] Institutional Insights - Dongwu Securities noted that despite a general reduction in the Fed's interest rate cut expectations in overseas markets, domestic investors remain optimistic [13] - Orient Securities highlighted that recent U.S. measures against Venezuela and Greenland have increased geopolitical risks, supporting gold prices [14] - Zheshang Securities suggested that the humanoid robot sector has formed an ecological closed loop, recommending attention to component suppliers and undervalued transformation targets [14] - CITIC Securities indicated that new policies from the National Medical Insurance Administration will accelerate the promotion of surgical robots in China [14]

Group 1 - On January 21, a total of 38 Hong Kong stocks were repurchased by companies, with 5 stocks having repurchase amounts exceeding 10 million HKD [1] - The companies with the largest repurchase amounts included Xiaomi Group-W, Pop Mart, and Sunny Optical Technology, with repurchase amounts of 248 million HKD, 96.49 million HKD, and 61.39 million HKD respectively [1] - As of January 21, 105 Hong Kong stocks have been repurchased this year, with 7 stocks having cumulative repurchase amounts exceeding 100 million HKD [1] Group 2 - The companies with the highest cumulative repurchase amounts this year are Tencent Holdings, Xiaomi Group-W, and Sunny Optical Technology, with repurchase amounts of 6.358 billion HKD, 2.049 billion HKD, and 686 million HKD respectively [1]

证券时报•数据宝统计，舜宇光学科技在港交所公告显示，1月21日以每股62.300港元至63.950港元的价 格回购97.00万股，回购金额达6138.52万港元。该股当日收盘价63.950港元，上涨2.16%，全天成交额 6.77亿港元。 自1月8日以来公司已连续10日进行回购，合计回购1062.00万股，累计回购金额6.86亿港元。 其间该股 累计下跌3.98%。（数据宝） 日期 回购股数 （万港元） 2026.01.21 97.00 63.950 62.300 6138.52 2026.01.20 140.00 64.300 62.550 8860.84 2026.01.19 122.00 65.000 64.200 7881.18 2026.01.16 113.00 66.600 65.900 7489.68 2026.01.15 120.00 66.450 65.250 7901.26 2026.01.14 114.00 66.150 64.050 7441.17 2026.01.13 64.00 65.800 64.550 4178.78 2026.01.12 124.00 64.850 63.15 ...

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： 舜宇光學科技(集團)有限公司 呈交日期： 2026年1月21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 | 普通股 | 股份類別 | 不適用 | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02382 | 說明 | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | 事件 | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | 每股發行/出售價 (註4) | 已發行股份總數 | | | | 已發行股份（不包括庫存股份）數 ...

Group 1 - The Hang Seng Tech Index experienced a significant increase, with a peak rise of 1.7% [1] - Notable individual stocks included Kuaishou and Hua Hong Semiconductor, both rising over 5% [1] - Baidu Group and Tongcheng Travel saw increases of over 4%, while SMIC and Alibaba Health rose over 3% [1] Group 2 - Alibaba, BYD Electronics, Bilibili, Sunny Optical, and BYD Company all recorded gains exceeding 2% [1]

证券时报·数据宝统计显示，1月20日有41家香港上市公司进行了股份回购，合计回购2511.52万股，回购 金额4.42亿港元。 | 代码 | 简称 | 回购股数 | 回购金额（万 | 回购最高价 | 回购最低价 | 年内累计回购金额 | | --- | --- | --- | --- | --- | --- | --- | | | | （万股） | 港元） | （港元） | （港元） | （万港元） | | 01810 | 小米集团 W | 550.00 | 19607.97 | 35.860 | 35.460 | 180162.63 | | 02382 | 舜宇光学 | 140.00 | 8860.84 | 64.300 | 62.550 | 62474.98 | | | 科技 | | | | | | | 00175 | 吉利汽车 | 378.80 | 6362.86 | 16.950 | 16.690 | 43777.56 | | 01024 | 快手-W | 39.30 | 2995.25 | 76.700 | 75.850 | 5991.29 | | 02096 | 先声药业 | 188.40 | 2 ...

| 日期 | 回购股数（万股） | 回购最高价（港元） | 回购最低价（港元） | 回购金额（万港元） | | --- | --- | --- | --- | --- | | 2026.01.20 | 140.00 | 64.300 | 62.550 | 8860.84 | | 2026.01.19 | 122.00 | 65.000 | 64.200 | 7881.18 | | 2026.01.16 | 113.00 | 66.600 | 65.900 | 7489.68 | | 2026.01.15 | 120.00 | 66.450 | 65.250 | 7901.26 | | 2026.01.14 | 114.00 | 66.150 | 64.050 | 7441.17 | | 2026.01.13 | 64.00 | 65.800 | 64.550 | 4178.78 | | 2026.01.12 | 124.00 | 64.850 | 63.150 | 7934.07 | | 2026.01.09 | 84.00 | 64.750 | 63.650 | 5398.94 | | 2026.01.08 ...

Core Viewpoint - Sunny Optical Technology (02382.HK) announced a share buyback plan, spending HKD 88.6084 million to repurchase 1.4 million shares at a price range of HKD 62.55 to 64.3 per share [1] Group 1 - The company will execute the buyback on January 20, 2026 [1] - The total expenditure for the buyback is approximately HKD 88.6 million [1] - The number of shares to be repurchased is 1.4 million [1]