Group 1 - The Beijing Municipal Market Supervision Administration held an administrative interview with 12 major platforms involved in online train ticket sales, including Ctrip, Qunar, Fliggy, Tongcheng, Meituan, JD.com, and others, to address prominent issues raised by the public regarding online train ticket sales [2] - During the meeting, the Beijing Municipal Market Supervision Administration outlined four compliance requirements for the platforms to ensure proper business operations [3]

智通财经APP获悉，春节临近，年夜饭预订进入高峰。日前，美团(03690)升级年夜饭预订服务保障，引入年夜饭预订定金系统"锁 餐位"，VR实景技术"选包间"，把传统的年夜饭预订从"意向登记"升级为"确定性交易"，帮消费者解决"预订后不接待""到店无 座"等困扰。 新模式下，消费者在美团预订年夜饭时，支付定金即完成餐位锁定。若商家无法履约，该商家需向用户双倍返还定金。 此外，美团还同步上线了VR实景看包间功能，帮消费者解决预订包间时"买家秀与卖家秀不符"的顾虑。消费者下单前，可在线上 360°沉浸式查看包间装修、采光、桌间距等真实环境，实现"所见即所得"。该功能已覆盖全国多城市重点商家，消费者选时段、选 包间、看实景后可一键完成预订。 以"徐记海鲜·MASTER大师店（侨城一号店）"为例，该店已全面接入美团包间VR展示与春节定金系统，门店负责人表示，规则上 线后消费者下单决策更果断更放心，除夕包间目前已基本订满。 在美团或大众点评搜索"年夜饭"即可进入活动页面 据悉，美团上全国在线可订年夜饭的门店数超10万家，截至目前，除夕当天的包间、散台仍有充足余量。 数据显示，2026年，美团及大众点评年夜饭预订订单量同比 ...

春节临近，年夜饭预订进入高峰。日前，美团(03690)升级年夜饭预订服务保障，引入年夜饭预订定金系统"锁餐位"，VR实景技 术"选包间"，把传统的年夜饭预订从"意向登记"升级为"确定性交易"，帮消费者解决"预订后不接待""到店无座"等困扰。 新模式下，消费者在美团预订年夜饭时，支付定金即完成餐位锁定。若商家无法履约，该商家需向用户双倍返还定金。 针对消费者可能因行程变动需要取消预订的情况，产品也提供了缓冲空间。比如，商家可自主设置"免责取消时间"，在此期限前， 如果消费者取消预订，定金将全额自动退还；超时后，则需与商家协商确认。 大众点评定年夜饭、支付定金、免责取消示例 通过一系列线上产品改造和数字化升级，美团将传统年夜饭"电话留位、口头约定"的模糊契约模式，改造为权责清晰、双向保障的 交易闭环模式，让预订服务更具确定性。无论是消费者担心预订后无法接待，还是商家关注的临时取消带来餐位闲置，通过升级后 的预订服务，双方的困扰都有望得到改善。 美团到店餐饮相关产品负责人表示，顺应服务消费新趋势，此次预订服务升级旨在发挥平台技术能力，打造服务更透明、体验更可 靠的消费模式，让大家在新年团圆之际，订得放心、吃得舒心， ...

▲大众点评定年夜饭、支付定金、免责取消示例 通过一系列线上产品改造和数字化升级，美团将传统年夜饭"电话留位、口头约定"的模糊契约模式，改 造为权责清晰、双向保障的交易闭环模式，让预订服务更具确定性。无论是消费者担心预订后无法接 待，还是商家关注的临时取消带来餐位闲置，通过升级后的预订服务，双方的困扰都有望得到改善。 春节临近，年夜饭预订进入高峰。日前，美团升级年夜饭预订服务保障，引入年夜饭预订定金系统"锁 餐位"，VR实景技术"选包间"，把传统的年夜饭预订从"意向登记"升级为"确定性交易"，帮消费者解 决"预订后不接待""到店无座"等困扰。 新模式下，消费者在美团预订年夜饭时，支付定金即完成餐位锁定。若商家无法履约，该商家需向用户 双倍返还定金。 针对消费者可能因行程变动需要取消预订的情况，产品也提供了缓冲空间。比如，商家可自主设置"免 责取消时间"，在此期限前，如果消费者取消预订，定金将全额自动退还；超时后，则需与商家协商确 认。 以"徐记海鲜·MASTER大师店（侨城一号店）"为例，该店已全面接入美团包间VR展示与春节定金系 统，门店负责人表示，规则上线后消费者下单决策更果断更放心，除夕包间目前已基本订满 ...

Core Viewpoint - Southbound capital flow into Hong Kong stocks showed a net inflow of approximately 45.67 billion HKD despite a generally weak market performance, indicating continued interest from investors [2][3]. Southbound Capital Flow - Today's southbound trading volume reached about 947.77 billion HKD, an increase of approximately 40 billion HKD from the previous day, accounting for 39.70% of the total turnover of the Hang Seng Index, which has fallen below 40% again [2]. - The net inflow from the Shanghai-Hong Kong Stock Connect was about 46.56 billion HKD, while the Shenzhen-Hong Kong Stock Connect experienced a net outflow of approximately 0.89 billion HKD [2]. Individual Stock Performance - Significant net purchases included Tencent Holdings (14.29 billion HKD), Xiaomi Group (10.20 billion HKD), Meituan (9.85 billion HKD), and Kingsoft Cloud (1.89 billion HKD) [3]. - Major net outflows were observed in WuXi Biologics (3.92 billion HKD), Zijin Mining (3.46 billion HKD), and Pop Mart (3.01 billion HKD) [3]. Investment Highlights - Tencent Holdings saw a decline of 2.28% with a net increase of 25.2 million shares over the past five days, indicating a short-term inflow trend [4]. - Xiaomi Group decreased by 1.56%, with a net increase of 53.81 million shares in the last five days, showing continued short-term inflow [4]. - Meituan dropped 4.50%, but there was a net increase of 20.59 million shares over the past five days, suggesting accelerated short-term inflow [4]. - Kingsoft Cloud increased by 7.82%, with a net increase of 35.20 million shares in the last five days, indicating sustained short-term inflow [4]. - WuXi Biologics fell by 0.14%, but there was a net increase of 25.83 million shares over the past five days, maintaining a primary inflow trend [4]. - Zijin Mining rose by 3.45%, with a net reduction of 8.28 million shares in the last five days, indicating a primary outflow trend [4]. - Pop Mart decreased by 1.10%, with a net increase of 5.58 million shares over the past five days, showing a slowdown in inflow [4]. Recent Trading Activity - In the past month, Tencent Holdings had a net capital inflow of 16.44 billion HKD, while Meituan experienced a net inflow of 6.70 billion HKD despite a 4.50% decline [5]. - Xiaomi Group recorded a net inflow of 7.34 billion HKD, while WuXi Biologics faced a net outflow of 3.92 billion HKD [5].

"问小团"除搭载美团自研的LongCat 模型，还根据不同用户需求，综合了多种主流大模型。用户发出明 确指令或模糊的长难句，"问小团"都能基于平台上商户地址、营业时间、门店设施等基础信息，以及海 量真实评价，为用户提供其所需的商家、商品或服务信息，以及最优的用券组合。 北京商报讯（记者 魏蔚）2月12日，美团升级"问小团"AI管家。即日起，至整个春节假期，用户只需在 美团App使用该工具，提出本地吃喝玩乐相关问题，"问小团"便能快速进行深度思考，搜集美团上准确 及时的商户与服务信息，并进行二次校验，结合真实用户评价，提供精准匹配需求且可交易的选择。同 时，用户进入"问小团"春节专区，还可一键领取多种春节消费券，获取智能推荐的最优惠下单方案，覆 盖外卖、闪购、餐饮堂食等场景。 ...

格隆汇2月12日｜南下资金今日净买入港股45.67亿港元。其中： | | 沪股通 | | | 深度通 | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 名称 | 深跌幅 | 净买入额(亿) | 成交额 | 名称 | 涨跌幅 | 净买入额(亿) | 成交额 | | 腾讯控股 | -2.3% | 16.44 | 61.65 Z | 腾讯控股 | -2.3% | -2.15 | 58.60亿 | | 阿里巴巴-W | -0.9% | 1.50 | 29.86 Z | 阿里巴巴-W | -0.9% | -1.60 | 29.68 Z | | 美团-W | -4.5% | 6.70 | 25.39 Z | 美国-W | -4.5% | 3.15 | 12.92 Z | | 小米菜团-W | -1.6% | 7.34 | 17.15 Z | 中心国际 | -0.3% | -0.59 | 11.86 Z | | 长飞光纤光缆 | 12.1% | -1.81 | 13.19亿 | 小米集团-W | -1.6% | 2.86 | 10.31 Z | | 中心 ...

美团-W(03690)获净买入9.84亿港元。消息面上，美团LongCat原生"深度研究"（Deep Research）智能体正式发布。据悉，该 智能体是LongCat团队采用了"真实场景+科学训练"的训练方法，这让智能体每次研究都会从真实生活经验出发，从而缓解当 前AI在解决真实物理世界问题时容易出现幻觉的痛点。 港股通(深)活跃成交股 腾讯(00700)获净买入14.29亿港元。消息面上，小摩发表报告指，农历新年仍是中国消费科技领域最密集、历史上最具效力的 发布窗口。如果DeepSeek新版本在农历新年期间发布，真正重要的影响主要体现在可能释放平台经济效益。对互联网平台而 言，该行认为腾讯最有可能从潜在的DeepSeek新版本中受惠最大。 小米集团-W(01810)、金山云(03896)分别获净买入10.19亿、1.89亿港元。消息面上，高盛发布研报称，预计小米将于2026年 在AI领域投入约100亿元人民币，而金山云将可成为小米持续对AI发展加大投资的主要受益者。该行表示，小米锐意通过 其"人车家"生态，将AI与物理世界融合，预计金山云将在今年中前更新与小米的关连交易协议，使2026至2027年来自小米 ...

Market Overview - The Hong Kong stock market experienced a decline, with the Hang Seng Index halting a three-day rally, closing at 27,032.54, down 0.86% [1][2] - The Hang Seng Tech Index fell by 1.65%, while the Hang Seng China Enterprises Index dropped by 1% [1][2] Sector Performance Technology Sector - Major tech stocks saw significant declines, with Meituan and NetEase both dropping over 4%, and Baidu and Tencent falling more than 2% [2][4] - Other tech companies like Kuaishou, Xiaomi, JD.com, and Alibaba also reported losses [2][4] Financial Sector - Financial stocks, including banks, Chinese brokerage firms, and insurance companies, mostly declined, adding pressure to the market [2] Consumer Sector - The restaurant sector faced downturns, with Jiumaojiu falling over 5% and Haidilao dropping more than 3% [6] - The overall consumer demand in the restaurant industry is stabilizing, with expectations for improvement in 2026 [6] Entertainment Sector - The film and entertainment sector was weak, with Emperor Culture Industries dropping nearly 6% [7] Energy Sector - The power equipment sector showed strength, with Harbin Electric rising over 13% [9] - The oil sector was active, with China Petroleum and Sinopec both gaining over 2% [14] Heavy Machinery Sector - Heavy machinery stocks continued to rise, with China National Heavy Duty Truck Group and Sany International both increasing over 5% [12] Semiconductor Sector - Semiconductor stocks saw gains, with Tensun Zhixin and Zhaoyi Innovation both rising over 20% [10] Notable Stocks - Dipo Technology surged by 8.34%, reaching a market value of 29.707 billion HKD [16] - The stock has increased 2.46 times since its IPO price of 26.66 HKD [21]

Core Insights - The article discusses the upgrade of Meituan's AI assistant "Ask Xiaotuan" to enhance user experience during the Spring Festival by providing automated planning and coupon collection for local services [1][2]. Group 1: AI Assistant Features - "Ask Xiaotuan" can quickly gather accurate and timely merchant and service information from Meituan, validate it with real user reviews, and provide tailored, actionable options for users [1][3]. - The AI assistant is capable of handling complex user requests, such as finding a restaurant for a family dinner, a nearby KTV, and an open bar, all in one go [2][3]. Group 2: User Experience Enhancement - The upgrade aims to address real pain points faced by users during the holiday, such as unstable business hours and overwhelming discount information, ensuring users find reliable and cost-effective services [2][3]. - The AI tool integrates various mainstream models and utilizes Meituan's extensive merchant data and real reviews to meet diverse user needs, whether the requests are clear or ambiguous [3][5]. Group 3: Operational Efficiency - The integration of accurate local information and real-time service capabilities allows the AI assistant to effectively respond to users' complex and immediate demands, enhancing the overall consumer decision-making process [5].