Group 1 - The technology stocks showed a significant rebound in early trading, with Meituan-W (03690) rising by 5.26% to HKD 85 [1] - JD Group-SW (09618) increased by 4.53% to HKD 108.50 [1] - Alibaba-W (09988) saw an increase of 3.26%, reaching HKD 151.90 [1] - Kuaishou-W (01024) rose by 3.38% to HKD 68.75 [1] - Tencent (00700) experienced a 2.40% increase, trading at HKD 534.50 [1]

智通财经APP获悉，科网股全线回暖，截至发稿，美团-W(03690)涨5.14%，报84.9港元；京东集团- SW(09618)涨3.56%，报107.5港元；阿里巴巴-W(09988)涨2.65%，报151港元；快手-W(01024)涨 2.63%，报68.25港元；腾讯(00700)涨2.01%，报532.5港元。 开源证券则表示，关注AI商业化及应用场景拓展；开源模型能力持续提升下，AI云需求有望持续验 证，AI应用有望带动推理需求持续增长，国产AI芯片增长迅速，昆仑芯正式启动中国香港上市进程， 推荐阿里巴巴-W、拼多多，百度集团-SW，受益标的腾讯控股。 消息面上，阿里旗下阿里云宣布开源新一代千问Qwen3.5-Plus大模型，其API价格每百万Token低至0.8 元人民币。中银国际发布研报称，本轮AI行情尚未出现明显泡沫化特征，2026年AI投资有望进入产业 趋势下半场。 ...

内容概要：作为小型家用电器赛道的细分品类，烘鞋器行业近年来实现稳步发展，这一趋势是人群扩 容、认知普及与需求升级三重核心驱动力的叠加。首先，我国烘鞋器需求人群主要聚焦在南方潮湿气候 区（如华南、华东）家庭，而随着消费场景的不断拓展，户外工作者、运动爱好者等特殊人群进一步扩 大了市场需求。同时，随着健康生活理念的深入，足部健康与卫生防护的重要性被广泛提及，烘鞋器凭 借"除菌抑菌""去除异味"等功能逐渐受到市场的欢迎。此外，需求升级是驱动烘鞋器行业持续发展的核 心动力，直接推动产品结构从"低价同质化"向"高端差异化"转型，进而满足不同消费者的需求。数据显 示，2025年中国烘鞋器行业市场规模达到10亿元，同比上涨25.0%。预计未来随着烘鞋器市场渗透率的 提高，烘鞋器行业市场规模有望进一步上涨。 相关上市企业：彩虹集团（003023）、美的集团（000333）、京东集团-SW（09618）、阿里巴巴-W （09988）、拼多多（PDD）等。 相关企业：浙江超人科技股份有限公司、台州市中联电器有限公司、佛山市格林盈璐电器科技有限公 司、广东志高空调有限公司、北京中欧普瑞科技有限公司、诺氪(浙江)科技有限公司、奥克斯 ...

有机器人租赁从业者向记者表示，今年春节档的机器人租赁基本上提前一个月已经订满，如果临近春节 下单，价格可能从之前的几千元/天上涨到1万元/天。 平台数据同样印证了这一热度。京东方面披露，2026年1月，京东自营机器人租赁业务成交额环比增超 100%，多个机器人、机器狗热门机型一机难求，目前订单已排到3月中旬。 从春晚舞台到商场展厅，从写"福"字到婚礼送戒指，短短两个春节间，机器人正从"科技展示"逐步走进 节庆消费场景，成为春节文化的一部分。 机器人表演热度不减 在2026年春晚上，多家机器人企业集体亮相，包括宇树科技、银河通用、松延动力、魔法原子等，机器 人不仅参与舞蹈表演，还出现在了小品等节目中。 多位业内人士认为，今年机器人的动作复杂度与协调性明显提升，背后反映出底层硬件、运动控制算法 及多机协同能力的进步。 在上海从事机器人租赁的刘强（化名）告诉记者，今年机器人租赁的春节市场提前一个月就已经基本定 完，若临近春节才下单，价格可能从平常的几千元/天，涨到1万块钱一天。"春节档的主要客户来自景 区、商场以及地方晚会等活动主办方。" "客户接受度还是挺高的，毕竟今年会登上春晚。等春晚结束之后，大众关注度肯定会 ...

Group 1 - Major blue-chip stocks mostly rose, with HSBC Holdings closing at HKD 137.775, up 2.59% from the previous close in Hong Kong [2] - Tencent Holdings closed at HKD 531.758, an increase of 1.87% from the previous close in Hong Kong [2] Group 2 - Tencent Holdings reported a latest price of HKD 522.000, down HKD 11.000 or 2.06%, with an ADR price of HKD 531.758, showing an increase of HKD 9.758 compared to the Hong Kong stock price [3] - Alibaba Group (W) had a latest price of HKD 147.100, down HKD 7.600 or 4.91%, with an ADR price of HKD 150.874, reflecting an increase of HKD 3.774 compared to the Hong Kong stock price [3] - HSBC Holdings had a latest price of HKD 134.300, up HKD 0.100 or 0.07%, with an ADR price of HKD 137.775, indicating an increase of HKD 3.475 compared to the Hong Kong stock price [3]

Core Viewpoint - JD Group's stock price has declined significantly, reflecting broader pressures in the technology and e-commerce sectors, driven by liquidity tightening and increased competition [1][2]. Industry Overview - The Hong Kong technology sector is under pressure, with the Hang Seng Technology Index dropping by 2.91%. Major internet companies like Alibaba, Baidu, and Tencent have also seen substantial declines in their stock prices [1]. - The e-commerce industry is facing intensified competition, including challenges from live-streaming e-commerce and ongoing price wars, raising concerns about consumer recovery and platform profitability [1]. Financial Performance - For Q3 2025, JD Group reported revenue of 299.06 billion yuan, a year-on-year increase of 14.85%. However, non-GAAP net profit decreased by 56% due to increased investments in new businesses like food delivery, which have pressured short-term profits [2]. - The company plans to hold a board meeting on March 5, 2026, to approve Q4 2025 and full-year results, indicating ongoing scrutiny of its financial performance [2]. Market Dynamics - The stock price has fallen below key moving averages (5-day, 10-day, 20-day, and 60-day), with technical indicators showing signs of being oversold, as evidenced by a MACD histogram in negative territory and a KDJ J-line at 13.83 [3]. - On the funding side, there was a net inflow of 65.87 million HKD from institutional investors, while retail investors showed a net outflow, indicating internal market divergence [4].

格隆汇2月20日丨京东集团-SW(09618.HK)公告，公司董事会将于2026年3月5日(星期四)举行会议，以审 批相关事项，其中包括审批截至2025年12月31日止三个月及截至2025年12月31日止会计年度的未经审计 财务业绩及公告(「2025年年度业绩公告」)并考虑派付股利的建议(如有)。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司（「香港聯交所」）對本公告的內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示概不會就本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任 何損失承擔任何責任。 根據不同投票權架構，我們的股本包括A類普通股及B類普通股。對於提呈我們股東大會的任何決議案，A類普通 股持有人每股可投1票，而B類普通股持有人則每股可投20票，惟法律或我們的組織章程大綱及細則另行規定者除 外。股東及有意投資者務請留意投資不同投票權架構公司的潛在風險。我們的美國存託股（每股美國存託股代表 兩股A類普通股）於美國納斯達克全球精選市場上市，股份代碼為JD。 JD.com, Inc. 京東集團股份有限公司 （於開曼群島註冊成立並以不同投票權控制的有限責任公司） （股份代號：9618（港幣櫃台）及89618（人民幣櫃台）） 董事會會議日期 預先登記鏈接：https://s1.c-conf.com/diamondpass/10052883-dmzuj7.html 會議編號：10052883 1 電話重播將持續一週至2026年3月13日。撥號詳情如下： 美國： +1-855-883- ...

Core Viewpoint - JD.com, Inc. plans to release its unaudited fourth quarter and full year 2025 financial results on March 5, 2026, before the U.S. market opens [1] Financial Results Announcement - The financial results will be discussed in a conference call scheduled for 7:00 am Eastern Time on March 5, 2026 [2] - Participants are required to register in advance and dial in 15 minutes prior to the call [3] Conference Call Details - A telephone replay of the conference call will be available for one week until March 13, 2026, with specific dial-in details provided for various regions [4] - A live and archived webcast of the conference call will also be accessible on JD.com's investor relations website [4] Company Overview - JD.com is recognized as a leading supply chain-based technology and service provider, focusing on enabling consumers to purchase products anytime and anywhere [5] - The company has opened its technology and infrastructure to partners and brands as part of its Retail as a Service offering, aimed at enhancing productivity and innovation across various industries [5]

Market Overview - The Hang Seng Index (HSI) closed at 26,541.96, down by 163.98 points or 0.61% on February 19 [1] - The index opened at 26,658.57, reached a high of 26,674.58, and a low of 26,480.63, with a trading volume of 24.6391 million [1] Major Blue-Chip Stocks Performance - HSBC Holdings closed at HKD 135.722, up by 1.13% compared to the previous close [2] - Tencent Holdings closed at HKD 532.399, down by 0.11% compared to the previous close [2] Stock Price Movements - Tencent Holdings (00700) latest price is HKD 533.000, with a slight increase of 1.000 or 0.19% [3] - Alibaba Group (09988) latest price is HKD 154.700, down by 0.700 or 0.45% [3] - HSBC Holdings (00005) latest price is HKD 134.200, down by 1.500 or 1.11% [3] - AIA Group (01299) latest price is HKD 82.350, up by 2.050 or 2.55% [3] - Meituan (03690) latest price is HKD 82.050, down by 0.100 or 0.12% [3] - JD.com (09618) latest price is HKD 105.900, down by 0.500 or 0.47% [3]