1月19日晚，南都湾财社记者从荣耀发布会上获悉，泡泡玛特与荣耀联名推出的潮玩手机"荣耀500 Pro MOLLY 20周年限定版"发布，售价4499元，国补后到手价3999元，将于1月25日上午10时08分正式开售。 发布会次日，即1月20日，泡泡玛特(9992.HK)开盘大涨，涨幅一度超过10%。截至1月20日收盘，该股涨幅为 9.07%，报197.2港元/股，市值为2646亿港元。 此前市场曾流传出"泡泡玛特将发布首款手机"一事，泡泡玛特方面对此回应表示，公司并无自主研发手机的 计划，而是与知名手机品牌进行的IP深度联名合作。 在智能手机行业进入存量竞争的当下，单纯的硬件参数堆砌已难以为中端机型带来足够的议价能力。有分析 认为，荣耀此举意在打破"卷参数"的行业惯性，转而向年轻消费者提供稀缺的"情绪价值"。考虑到泡泡玛特 用户画像中18-35岁女性占比较高，这与荣耀数字系列主打的"颜值"与"人像摄影"受众高度重叠。 对泡泡玛特而言，在盲盒玩法边际效应递减、部分新品二手市场遭遇"破发"的背景下，此次跨界手机圈也是 其寻找IP变现"第二增长曲线"的重要尝试。 据悉，此次发布的还有备受市场关注的超轻薄旗舰荣耀Ma ...

| 股票名称 | 沽空金额↓ | 沽空比率 | 偏离值 | | --- | --- | --- | --- | | 泡泡玛特(09992) | 10.08 亿元 | 17.14% | -7.69% | | 小米集团-W(01810) | 8.25 亿元 | 10.26% | -11.52% | | 美团-W(03690) | 7.77 亿元 | 17.49% | 1.85% | | 中国人寿(02628) | 7.18 亿元 | 23.90% | 3.47% | | 洛阳钼业(03993) | 6.87 亿元 | 35.31% | 21.99% | | 百度集团-SW(09888) | 6.24 亿元 | 21.01% | -5.12% | | 阿里巴巴-W(09988) | 6.13 亿元 | 6.91% | -7.34% | | 比亚迪股份(01211) | 4.97 亿元 | 20.25% | 0.39% | | 腾讯控股(00700) | 4.79 亿元 | 3.27% | -7.53% | | 中国平安(02318) | 3.47 亿元 | 16.40% | -12.96% | 前十大沽空偏离值排行 ...

Group 1 - Xiaomi reported two incidents of vehicle fires, emphasizing that the battery status was normal during both events [3][5] - In the first incident on January 19, a vehicle in Haikou experienced a fire shortly after being parked, but no injuries were reported [3] - The second incident involved a collision on a highway in Henan, where the vehicle caught fire after the accident, with no casualties [5] Group 2 - Gree Electric plans to mass-produce silicon carbide chips for automotive use, with expectations that half of the chips used by GAC Group will come from Gree [4] - The company is expanding its production capabilities to include chips for photovoltaic storage and logistics vehicles [4] Group 3 - OpenAI's CFO announced that the company's annual revenue for 2025 is projected to exceed $20 billion, a significant increase from $6 billion in 2024 [16] - The growth is attributed to the expansion of computing capabilities and the introduction of advertising in ChatGPT [16] Group 4 - Hikvision reported a net profit of 14.188 billion yuan for 2025, representing an 18.46% year-on-year increase [22] - The company's total revenue reached 92.518 billion yuan, with a slight growth of 0.02% [22] Group 5 - Zhaoyan New Drug expects a significant increase in net profit for 2025, projecting a rise of approximately 214% to 371% [23] - The company anticipates a decrease in revenue, estimating between 1.573 billion to 1.738 billion yuan, a decline of about 13.90% to 22.10% [23] Group 6 - Hongyuan Green Energy forecasts a turnaround in net profit for 2025, estimating between 180 million to 250 million yuan [24] - The improvement is attributed to a vertically integrated supply chain and the sale of equity in a subsidiary, contributing approximately 291 million yuan to profits [24] Group 7 - Bright Dairy expects a net loss of 120 million to 180 million yuan for 2025, a significant decline from a profit of 722 million yuan in the previous year [25] - The loss is primarily due to production issues at its overseas subsidiary, leading to increased costs and inventory write-offs [25]

Group 1 - Xiaomi reported two incidents of car fires involving its vehicles, with no injuries reported. The first incident occurred in Haikou, where a vehicle caught fire shortly after being parked, and the second incident involved a collision in Henan, which also resulted in a fire after the vehicle was safely pulled over [1][2][3] - Gree Electric plans to mass-produce silicon carbide chips for automotive applications, with the CEO stating that half of the chips used by GAC Group in the future will be supplied by Gree [5][6] - The Renminbi cash payment regulations will take effect on February 1, 2026, prohibiting the refusal of cash payments and allowing the public to report discriminatory practices against cash [8][9] Group 2 - The personal consumption loan subsidy policy has been extended until the end of 2026, with credit card installment payments now included in the subsidy program [2][3] - The charity organization, Yanyuan Foundation, has raised over 23 million yuan for medical assistance to patients, with funds being allocated based on donor specifications [2] - HSBC's market value is approaching 300 billion pounds, with expectations of significant stock price increases [11]

1月20日恒生指数下跌0.29%，报收26487.51点，全天南向资金通过港股通渠道合计净买入36.63亿港 元。 1月20日港股通成交活跃股 | 代码 | 简称 | 类型 | 成交金额（万港元） | 成交净买入（万港元） | 日涨跌幅（%） | | --- | --- | --- | --- | --- | --- | | 00700 | 腾讯控股 | 港股通(沪) | 372636.11 | 50283.11 | -1.48 | | 01810 | 小米集团-W | 港股通(沪) | 305092.22 | 28704.76 | -2.74 | | 00700 | 腾讯控股 | 港股通(深) | 266152.00 | 16044.49 | -1.48 | | 09988 | 阿里巴巴-W | 港股通(深) | 250216.00 | 7256.84 | -0.44 | | 09988 | 阿里巴巴-W | 港股通(沪) | 239145.52 | -577.80 | -0.44 | | 09992 | 泡泡玛特 | 港股通(沪) | 217762.65 | 27913.05 | 9.07 | | 009 ...

Simon：Niki 你好！那我們今天（20日）就先來跟大家聊一聊港股的情況吧。你也看到了，港股在過去兩天其實一直都在回調，今天（20日）也 繼續下跌了一些。市場上投資者的情緒和氛圍怎麼樣呢？ 中銀國際董事Niki：其實從指數來看，今天（20日）已經跌到了26300點附近。大家也能發現，指數在沖到27000點之後，短短幾天就又回落下來了。所以整 體來看，市場並沒有辦法一鼓作氣地持續上漲。在27000點這個位置，仍然需要一些時間來消化。而對於早前的那一波上漲行情，相信也需要在26400點附近 這個位置，看看能不能站穩。如果這個位置能夠守住，那自然是好事。但如果守不住，或者市場行情進一步走弱，指數有可能會再回落至25800點。大家可 能會問，25800點這個位置是怎麼來的，難道是憑空想出來的嗎？其實我建議大家可以登錄我們中銀國際的網站，網址是www.bocifp.com。在這個網站上， 有一欄重要數據非常值得大家參考，就是恆指牛熊證街貨分佈圖。 這個圖我們基本上每天都會更新兩次。我剛才提到的25800點，其實就是恆指牛證的重貨區。今天（20日）已經觸及到了26400點這個重貨區，對應的牛證已 經被收回了。下一個重 ...

Core Viewpoint - Pop Mart's stock price rebounded significantly on January 20, closing up approximately 9%, following the announcement of a share buyback program worth HKD 251 million [1] Group 1: Stock Performance and Buyback - On January 20, Pop Mart announced a buyback of 1.4 million shares at a price range of HKD 177.7 to HKD 181.2 per share, marking the company's first buyback since the beginning of 2024 [1] - Morgan Stanley noted that this buyback could attract more investor attention, particularly from those looking for stock price catalysts [1] - Since its listing in 2020, Pop Mart's stock has experienced multiple cycles of rise and fall, with its market value once exceeding HKD 100 billion before declining [1] Group 2: Market Conditions and Performance Discrepancies - Analysts suggest that the overall pressure on the Hong Kong stock market since the second half of 2025 has affected Pop Mart and other consumer sector stocks, despite their strong performance [2] - In the second half of 2025, Pop Mart's stock price fell approximately 30%, contrasting sharply with a 245% year-on-year increase in overall revenue reported in the third quarter [1][2] - The company has expanded its blind box production to meet market demand, which has alleviated the "difficult-to-obtain" situation but also led to a decline in secondary market premiums [2] Group 3: IP Performance and Growth Strategy - Pop Mart's half-year report for 2025 indicated that aside from LABUBU, the fastest-growing IPs were HACIPUPU and CRYBABY, with year-on-year growth rates of 249.6% and 248.7%, respectively [2] - Huatai Securities believes that Pop Mart's global and IP group strategies leverage its unique business model to drive rapid growth, positioning it as a leading platform for global trendy toy IPs [2]

1月20日，港股延续调整态势，恒生指数收盘跌0.29%，报26487.51点；恒生科技指数跌1.16%，报5683.44点；恒生中国企业指数跌0.43%，报9094.76点。 大市全日成交2377.7亿港元，高于上一交易日的2256.9亿港元。 恒生指数成份股中44只上涨，41只下跌，其中，药明康德跌4.13%，比亚迪股份跌3.67%，舜宇光学科技跌3.25%。 | 序号 | 名称 | 代码 | 现价 | 涨跌 | 涨跌幅 ▲ | 成交额 | 年初至今 | | --- | --- | --- | --- | --- | --- | --- | --- | | 1 | 药明康德 | 2359 | 113.700 c | -4.900 | -4.13% | 6.72亿 | 15.20% | | 2 | 片亚迪股份 | 1211 | 97.000 c | -3.700 | -3.67% | 24.57亿 | 1.73% | | 3 | 舜宇光学科技 | 2382 | 62.600 c | -2.100 | -3.25% | 10.27亿 | -4.50% | | ব | 中芯国际 | 0981 | 74.500 c ...

| 股票名称 | 买入额 | 卖出额 | 买卖总额 | | --- | --- | --- | --- | | | | | 净流入 | | 腾讯控股 | 14.11 乙 | 12.51 乙 | 26.62亿 | | HK 00700 | | | +1.60 乙 | | 同学 -- W | 12.87 亿 | 12.15亿 | 25.02亿 | | HK 09988 | | | +7256.78万 | | 中芯国际 | 6.971Z | 12.39 亿 | 19.36 亿 | | HK 00981 | | | -5.42 Z | | 小米集团-W | 8.551Z | 7.47 亿 | 16.03 亿 | | HK 01810 | | | +1.08 亿 | | 走可未营体 | | | 9.72亿 | | HK 01347 | 5.31亿 | | 4.41亿 +8980.93万 | | 泡泡玛特 HK 09992 | 4.69亿 | | 8.69亿 4.00亿 +6844.03万 | | 美团-W | 5.08亿 | 2.54亿 | 7.62亿 | | HK 03690 | | | +2.54亿 | | 中国人 ...

| 公司名称 | 成交金额 | 净买入额 | | --- | --- | --- | | 腾讯控股(00700) | 26.62 亿元 | +1.60 亿元 | | 阿里巴巴-W(09988) | 25.02 亿元 | +7256.78 万元 | | 中芯国际(00981) | 19.36 亿元 | -5.42 亿元 | | 小米集团-W(01810) | 16.03 亿元 | +1.08 亿元 | | 华虹半导体(01347) | 9.72 亿元 | +8980.93 万元 | | 泡泡玛特(09992) | 8.69 亿元 | +6844.03 万元 | | 美团-W(03690) | 7.62 亿元 | +2.54 亿元 | | 中国人寿(02628) | 5.96 亿元 | +361.70 万元 | | 紫金矿业(02899) | 5.44 亿元 | -9642.35 万元 | | 洛阳钼业(03993) | 5.27 亿元 | -9799.12 万元 | | 公司名称 | 成交金额 | 净买入额 | | --- | --- | --- | | 腾讯控股(00700) | 37.26 亿元 | +5. ...