Core Insights - The article discusses the design of the Adidas Superstar shoe, specifically the iconic shell toe, questioning whether it serves a functional purpose or is merely an aesthetic choice [1] Design and Functionality - The shell toe design has been a signature feature of the Adidas Superstar for over 15 years, raising curiosity about its practicality versus its visual appeal [1] - The article explores the historical context of the shell toe, suggesting that it may have originated for protective reasons in sports and later became a fashion statement [1] Cultural Impact - The Adidas Superstar has transcended its original purpose, becoming a cultural icon in various music and fashion scenes, particularly in hip-hop [1] - The shoe's design has contributed to its longevity and popularity, making it a staple in both athletic and casual wear [1]

贝壳-W(02423)发布公告，于2025年10月15日，该公司斥资500万美元回购81.41万股股份，每股回购价 格为6.08-6.23美元。 ...

格隆汇10月16日丨贝壳-W(02423.HK)公告，10月15日耗资500万美元回购81.4万股。 ...

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： 貝殼控股有限公司 呈交日期： 2025年10月16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) | 02423 | 說明 | | | | | | | 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 | | | | | 事件 | 已發行股份（不包括庫存股份）數 目 | ...

Core Insights - The 2024 Hong Kong Listed Companies Director Compensation Ranking was released, highlighting significant earnings among top executives, with Li Xiang of Li Auto leading the list with a total compensation of approximately 680 million HKD [3][5]. Summary by Categories Director Compensation - A total of 31 directors received over 100 million HKD in total compensation for 2024 [3]. - Li Xiang (Li Auto) topped the list with nearly 680 million HKD, followed by Wang Xuning (JS Global) at about 521 million HKD, and Li Jie (Jitu Express) at approximately 519 million HKD [3][5]. - Liu Qiangdong (JD.com) ranked fourth with around 449 million HKD [3]. Detailed Compensation Breakdown - Li Xiang's compensation included 2.83 million HKD in salary and benefits, with a significant portion (approximately 676.77 million HKD) attributed to share-based payments [4]. - Wang Xuning received a salary of 8.69 million HKD and a bonus of about 4.97 million HKD, totaling 521 million HKD [4]. - Liu Qiangdong's reported compensation was primarily share-based, with no cash salary or benefits listed [4]. Clarifications on Li Xiang's Compensation - Li Auto clarified that the reported 639 million RMB (approximately 6.39 billion HKD) was misunderstood; the actual cash salary was only 266,500 RMB [5]. - The high figure included stock-based compensation calculated under US GAAP, contingent on achieving sales targets, with no actual shares received yet [6].

Core Viewpoint - Beike-W (02423) announced a share repurchase plan, intending to spend approximately $5 million to buy back 824,940 shares by October 14, 2025 [1] Summary by Categories - **Company Actions** - Beike-W plans to repurchase 824,940 shares at a cost of about $5 million [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： 貝殼控股有限公司 呈交日期： 2025年10月15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) | 02423 | 說明 | | | | | | 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 | | | | | 事件 | 已發行股份（不包括庫存股份）數 目 | 佔有關事件前的現有已發 行股份 ...

日前Webb-site发布过去20年所有香港上市公司董事薪酬排行榜。根据其发布的2024年香港上市公司董事报酬排行榜，全年度共有31人酬金逾一亿元，其 中理想汽车（02015）董事长、首席执行官兼创始人李想，以总报酬近6.8亿元排榜首。 排名第二及第三位分别是JS环球生活（01691）董事长王旭宁及极兔速递（01519）创办人兼主席李杰，总报酬分别为逾5.2亿元及5.19亿元；京东 （09618）董事长刘强东则跌两级，以近4.49亿元排第四；前年排榜首的贝壳（02423）主席、首席执行官彭永东最新排第五，报酬4.26亿元。 十大高报酬董事皆凭计入股份奖励而令收入"水涨船高"。 至于其他报酬过亿元的董事，长和（00001）主席李泽巨以2.12亿元报酬排第11位，按年跌两级；汇控（00005）行政总裁艾桥智排行第23位，报酬1.28亿 元；渣打（02888）行政总裁温拓思排第29位，报酬逾1.03亿元。近年陷财困的新世界发展（00017）主席郑家纯，亦列第32位，报酬9883万元；腾讯 （00700）主席马化腾只排名92，报酬为4794万元。 值得一提的是，出任15间公司董事的"独董王"石礼谦，以711.9万元排 ...

Equity Research 14 October 2025 | 6:39PM HKT KE Holdings (BEKE) 3Q25 Preview: Likely above consensus on new home GTV, fixed cost reduction and new initiative profitability; Upgraded services aim for share/efficiency gains; Buy | BEKE | 12m Price Target: $21.40 | Price: $18.01 | Upside: 18.8% | | --- | --- | --- | --- | | 2423.HK | 12m Price Target: HK$55.00 | Price: HK$47.22 | Upside: 16.5% | KE Holdings (BEKE/2423.HK) is scheduled to report 3Q25 results in mid-to-late Nov. We forecast above-consensus reven ...

格隆汇10月14日丨贝壳-W(02423.HK)发布公告，2025年10月13日耗资500万美元回购83万股。 ...