Group 1 - The stock of Tongdao Liepin (06100) rose by 10.17%, reflecting market recognition of its "AI recruitment strategy" and "financial stability" [1] - The restaurant sector saw significant gains, with Haidilao (06862) up 7.7%, Jiumaojiu (09922) up 5.38%, and Helens (09869) up 6.67%, driven by demand recovery since early 2023 [1] - Voice Technology (02495) surged over 10% after announcing a share issuance of 6.73 million shares at HKD 46.3 each, with approximately 50% of the proceeds allocated for R&D [1] Group 2 - Alibaba-W (09988) increased by nearly 5%, following announcements at the 2025 Cloud Summit regarding changes to hardware infrastructure in response to new market demands [1] - Hua Hong Semiconductor (01347) rose over 5.3% after announcing a plan to acquire approximately 97.5% of Huali Micro for CNY 8.268 billion [2] - Jiufang Zhitu Holdings (09636) saw an increase of nearly 8%, attributed to active market trading with a daily turnover reaching CNY 3.6 trillion [2] Group 3 - Jingtai Holdings (02228) rose over 5.5%, with a month-to-date increase of nearly 50%, following the successful dual approval of its incubated company ReviR's innovative drug RTX-117 [2] - Xun Ce (03317) briefly rose over 6%, reaching a new high of HKD 68, due to a strategic cooperation framework agreement with Jinyong Investment [2] - Alibaba Health (00241) surged over 14.2%, with a month-to-date increase exceeding 30%, following the announcement of a milestone solution in the infant vascular tumor treatment field [3] Group 4 - Bitcoin rose over 2.5%, reaching USD 93,500, with Bitcoin-related stocks also increasing, including MSTR up 6.63% and COIN up 4% [4] - GCDT, a green decarbonization technology company, saw its stock price surge 25% after its IPO, which aims to raise approximately USD 10 million for factory construction and debt repayment [4] - Lithium giant Albemarle (ALB.US) rose 4.46%, with analysts noting a reduction in concerns over its balance sheet as it achieves leverage optimization [4] Group 5 - Gold concept stocks showed mixed performance, with AngloGold Ashanti (AU.US) up 1.11% and Barrick Mining (B.US) up 1.39%, while some others declined [5] - Google (GOOGL.US) increased by 1.24% following a significant partnership with Apple to advance AI technology, with Google's Gemini model becoming a core support for future Apple devices [5] - Payment concept stocks continued to decline, with major banks also falling, amid concerns over potential impacts from proposed credit card interest rate caps [6] Group 6 - Intel (INTC.US) and AMD (AMD.US) saw initial gains of 7.33% and 6.39%, respectively, after KeyBanc Capital Markets upgraded their ratings to "overweight" [6] - Rezolve AI (RZLV.US) fell 9.23% despite raising its long-term revenue forecast, indicating significant commercialization progress [7] - Satellogic (SATL.US) declined 1.11% after a previous surge, following the announcement of a contract for two high-resolution satellites [7]

1月14日，港股餐饮股集体拉升上涨，其中，海底捞大涨超10%领衔，九毛九涨6%，海伦司涨4.4%，特 海国际涨3.4%，呷哺呷哺、小菜园、太兴集团跟涨。 消息上，2026年元旦假期，全国多地消费市场迎来"开门红"，餐饮场景热度集中释放。旅途中品尝"舌 尖上的美味"，早已成为人们出行的重要意义之一。海底捞数据显示，2025年12月31日跨年夜至2026年1 月1日假期首日，全国门店累计接待顾客超450万人次。时隔近四年，海底捞创始人及董事会主席张勇回 归管理一线，接任公司CEO。 最近一年，餐饮市场的两条增长主线还是沉下去和走出去。面对一线城市成本高企、存量竞争白热化的 格局，头部品牌通过副牌布局，一边快速渗透下沉市场，一边加速抢占海外餐饮的增长洼地。当下，许 多餐饮品牌正越过二线，直奔四五线城市寻找新的增长蓝海。 港股频道更多独家策划、专家专栏，免费查阅>> | 代码 | 名称 | 最新价 | 涨跌幅 √ | | --- | --- | --- | --- | | 06862 | 海底捞 | 15.880 | 10.12% | | 09922 | 九毛九 | 1.970 | 5.91% | | 09869 | ...

国泰海通认为，近几年餐饮弱复苏下，餐供行业整体需求相对承压，份额诉求下的竞争有所加剧。但当 下价格竞争带来的边际效益已经显著递减，龙头公司也纷纷传递理性竞争观点，板块25Q3的利润率触 底反弹也证明了此点。该行表示，餐供板块已经度过经营最差时刻，竞争逐渐趋于理性，龙头公司在新 产品/新渠道/新市场上做出α。 浙商证券（601878）发布研报称，本轮自2023年初以来的餐饮行业复苏，其幅度由需求决定，节奏由供 给决定。客流量方面，伴随同比基数正常化，预计25H2绝大多数餐饮头部品牌将实现客流量回正。客 单价方面，伴随格局改善，更多头部品牌客单价正企稳或回升。该行认为，客单价及头部品牌单店已完 成筑底，持续关注各头部品牌同店同比回正进度及持续性。 餐饮股涨幅居前，截至发稿，海底捞(06862)涨9.64%，报15.8港元；九毛九(09922)涨4.84%，报1.95港 元；海伦司(09869)涨3.33%，报12.99港元；特海国际(09658)涨3.26%，报12.99港元。 ...

浙商证券发布研报称，本轮自2023年初以来的餐饮行业复苏，其幅度由需求决定，节奏由供给决定。客 流量方面，伴随同比基数正常化，预计25H2绝大多数餐饮头部品牌将实现客流量回正。客单价方面， 伴随格局改善，更多头部品牌客单价正企稳或回升。该行认为，客单价及头部品牌单店已完成筑底，持 续关注各头部品牌同店同比回正进度及持续性。 国泰海通认为，近几年餐饮弱复苏下，餐供行业整体需求相对承压，份额诉求下的竞争有所加剧。但当 下价格竞争带来的边际效益已经显著递减，龙头公司也纷纷传递理性竞争观点，板块25Q3的利润率触 底反弹也证明了此点。该行表示，餐供板块已经度过经营最差时刻，竞争逐渐趋于理性，龙头公司在新 产品/新渠道/新市场上做出α。 智通财经APP获悉，餐饮股涨幅居前，截至发稿，海底捞(06862)涨9.64%，报15.8港元；九毛九(09922) 涨4.84%，报1.95港元；海伦司(09869)涨3.33%，报12.99港元；特海国际(09658)涨3.26%，报12.99港 元。 ...

港股餐饮股集体拉升上涨，其中，海底捞大涨超10%领衔，九毛九涨6%，海伦司涨4.4%，特海国际涨 3.4%，呷哺呷哺、小菜园、太兴集团跟涨。 本文源自：金融界AI电报 ...

消息上，2026年元旦假期，全国多地消费市场迎来"开门红"，餐饮场景热度集中释放。旅途中品尝"舌 尖上的美味"，早已成为人们出行的重要意义之一。海底捞数据显示，2025年12月31日跨年夜至2026年1 月1日假期首日，全国门店累计接待顾客超450万人次。时隔近四年，海底捞创始人及董事会主席张勇回 归管理一线，接任公司CEO。 港股餐饮股集体拉升上涨，其中，海底捞大涨超10%领衔，九毛九涨6%，海伦司涨4.4%，特海国际涨 3.4%，呷哺呷哺、小菜园、太兴集团跟涨。 | 代码 | 名称 | 最新价 | 涨跌幅 ▽ | | --- | --- | --- | --- | | 06862 | 海底捞 | 15.880 | 10.12% | | 09922 | 九毛九 | 1.970 | 5.91% | | 09869 | 海伦司 | 0.940 | 4.44% | | 00156 | 力宝华润 | 0.840 | 3.70% | | 09658 | 特海国际 | 13.010 | 3.42% | | 00520 | 甲哺明明 | 0.760 | 1.33% | | 06831 | 绿茶集团 | 7.020 | 1 ...

Core Insights - The article highlights the net inflow and outflow of funds in the Hong Kong stock market, with Xiaomi Group, Tencent Holdings, and China Construction Bank leading in net inflows, while the Yingfu Fund, Hang Seng China Enterprises, and Southern Hang Seng Technology experienced the highest net outflows [1] Group 1: Net Inflows - Xiaomi Group-W (01810) recorded a net inflow of 1.07 billion, representing a 16.36% increase in its closing price [2] - Tencent Holdings (00700) saw a net inflow of 863 million, with a 7.49% increase in its closing price [2] - China Construction Bank (00939) had a net inflow of 699 million, with a significant 41.06% increase in its closing price [2] Group 2: Net Outflows - Yingfu Fund (02800) experienced the largest net outflow of 6.289 billion, reflecting a -31.44% change in its closing price [2] - Hang Seng China Enterprises (02828) had a net outflow of 2.880 billion, with a -17.89% change in its closing price [2] - Southern Hang Seng Technology (03033) faced a net outflow of 1.289 billion, showing a -11.37% change in its closing price [2] Group 3: Net Inflow Ratios - 361 Degrees (01361) led with a net inflow ratio of 74.40%, with a net inflow of 8.9117 million [3] - BRILLIANCE CHI (01114) followed with a net inflow ratio of 64.04%, amounting to a net inflow of 36.4910 million [3] - Qin Port Co. (03369) had a net inflow ratio of 61.05%, with a net inflow of 846,600 [3] Group 4: Net Outflow Ratios - Wisdom Hong Kong 100 (02825) had a net outflow ratio of -100.00%, with a net outflow of -18,200 [3] - Stone Pharmaceutical Group (02005) recorded a net outflow ratio of -68.86%, with a net outflow of -14.1501 million [3] - Dexion Shipping (02510) experienced a net outflow ratio of -53.53%, with a net outflow of -10.0204 million [3]

行业趋势：优胜劣汰正发生，头部品牌强者更强 浙商证券认为，本轮自2023年初以来的餐饮行业复苏，其幅度由需求决定，节奏由供给决定。细分赛道 来看，基于供给变动节奏差异，茶饮细分领域的节奏领先西式快餐及正餐等细分领域约1至2个季度，头 部茶饮品牌已于25Q1逐步回暖，预计头部西式快餐/头部正餐分别已于25Q2/25Q3实现同店持平或回 正。 净开店维度，整体餐饮赛道格局改善已然开启。根据窄门餐眼数据，截止25年11月整体餐饮赛道同比呈 现净关店；同比视角下，细分赛道中仅咖啡/自助餐/轻食/江西菜/云南菜等细分赛道呈现同比净开店； 细分品牌来看，截止25年11月茶饮赛道中蜜雪冰城/古茗等、咖啡赛道中幸运咖/瑞幸等、西式快餐赛道 中肯德基/必胜客/达美乐等、火锅赛道中海底捞/巴奴等，均呈现优于同业的净开店速度，彰显品牌韧 性。 浙商证券认为，25Q2-25Q3虽有外卖平台大战扰动，延后部分赛道供给出清节奏，然而殊途同归，伴随 外卖补贴退坡，餐饮供给端的优胜劣汰正发生，格局改善已然开启。 单店维度，25H2起绝大多数头部品牌预计将实现同店持平或回正。客流量方面，伴随同比基数正常 化，25H2预计绝大多数头部品牌将实现 ...

Group 1 - The State Administration for Market Regulation will accelerate the update and upgrade of a batch of national standards for green consumption [2] - The administration aims to create a favorable market environment and enhance public satisfaction through various initiatives [2] - Key initiatives include improving energy and water efficiency labeling systems, promoting "green dining" services, and strengthening law enforcement against violations in green product areas [2] Group 2 - Starting January 1, 2026, cosmetic surgery will be subject to VAT, while medical services provided by medical institutions will remain exempt [3] - The definition of "medical institutions" excludes profit-driven beauty medical institutions [3] Group 3 - Bawang Tea Ji responded to a viral video of a staff member preparing tea with bare hands, stating it was a staged act for social media and not for sale [3] - The company has taken disciplinary actions, including indefinite closure of the store and termination of the involved staff [3] Group 4 - Lee Jae-Yong, Chairman of Samsung Electronics, was spotted shopping in Beijing, purchasing 100 Labubu items [4][5] - This event occurred after his attendance at a China-Korea business forum [4] Group 5 - Elon Musk's xAI company completed a $20 billion funding round with investors including Nvidia and Qatar Investment Authority [5] - The funding has been in preparation for several months, although specific investment amounts from each party were not disclosed [5] Group 6 - Nvidia CEO Jensen Huang announced new AI products at CES 2026, including the next-generation Rubin architecture GPU [6] - The new GPU's performance is significantly improved compared to the previous Blackwell GB200 model [6] - Nvidia is also releasing several new models targeting various AI applications, including autonomous driving and robotics [6] Group 7 - Xiaomi announced disciplinary actions following an investigation into its team's interaction with KOLs, resulting in the dismissal of involved personnel [6] Group 8 - WeChat clarified that rumors about new account restrictions are false, emphasizing that normal social behavior will not be limited [7][8] Group 9 - Apple responded to criticism regarding the price of a Year of the Horse phone case, stating that the design is a collaboration and the price reflects its quality [8] Group 10 - Xiaohongshu is testing a paid note feature, allowing creators to charge for high-quality content with various payment models [9] Group 11 - KKV store in Shenzhen faced a forced closure due to alleged rent arrears, leading to employee injuries and emotional distress [10] Group 12 - Magic Cube Life Service Group is facing operational disputes in multiple cities, with claims of unpaid rent and forced tenant evictions [11] - The company stated it is optimizing its store operations and remains committed to expanding new projects [11] Group 13 - Tesla announced a new financing plan for Model 3 and Model Y vehicles, including a 5-year interest-free option [12] Group 14 - Moutai's Year of the Horse liquor is being resold at inflated prices, with some resellers offering up to 3000 yuan for a bottle originally priced at 1899 yuan [12] Group 15 - Great Wall Motors has officially implemented a full weekend off policy for all employees, marking a significant change in its work schedule [13] Group 16 - A recent incident involving a physical altercation between a pilot and co-pilot on a flight has been addressed by the airline, confirming compliance with operational standards [14] Group 17 - The C919 aircraft has successfully carried over 4 million passengers, with ongoing developments in new aircraft models and engine certifications [15] Group 18 - GAC Honda announced a two-week production halt due to semiconductor supply issues and production line upgrades, stating that the impact on overall production will be manageable [16]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年12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: 特海国际控股有限公司 呈交日期: 2026年1月6日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 09658 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | USD | | 0.000005 USD | | 50,000 | | 增加 / 減少 (-) | | | 0 | | | USD | | 0 | | 本月底結存 | | | 10,000,000,000 | USD | | 0.000005 USD | | 50,000 | 本月底法定/註冊股本總額： USD 50, ...