Core Insights - The top three companies by stockholding ratio in the Hong Kong Stock Connect are China Telecom (71.39%), Gree Power Environmental (68.80%), and Haotian International Construction Investment (67.58%) [1] - Tencent Holdings, Xiaomi Group-W, and Pop Mart have seen the largest increases in stockholding amounts over the last five trading days, with increases of +36.02 billion, +22.89 billion, and +13.06 billion respectively [1] - Conversely, SMIC, Alibaba-W, and Zijin Mining International experienced the largest decreases in stockholding amounts, with reductions of -18.54 billion, -15.48 billion, and -11.14 billion respectively [2] Stockholding Ratios - The latest stockholding ratios for the top 20 companies in the Hong Kong Stock Connect are as follows: - China Telecom (00728): 99.09 million shares, 71.39% - Gree Power Environmental (01330): 2.78 million shares, 68.80% - Haotian International Construction Investment (01341): 75.00 million shares, 67.58% - Other notable companies include: - Kaisa New Energy (01108): 67.54% - Tianjin Chuangye Environmental Protection (01065): 66.84% [1] Recent Stock Increases - The top 10 companies with the largest stockholding increases in the last five trading days are: - Tencent Holdings (00700): +36.02 billion, +6.44 million shares - Xiaomi Group-W (01810): +22.89 billion, +6.55 million shares - Pop Mart (09992): +13.06 billion, +5.39 million shares - Other significant increases include: - Industrial and Commercial Bank of China (01398): +11.23 billion - China Merchants Bank (03968): +11.16 billion [1] Recent Stock Decreases - The top 10 companies with the largest stockholding decreases in the last five trading days are: - SMIC (00981): -18.54 billion, -2.75 million shares - Alibaba-W (09988): -15.48 billion, -0.97 million shares - Zijin Mining International (02259): -11.14 billion, -0.54 million shares - Other notable decreases include: - Zijin Mining (02899): -10.96 billion - Jiangxi Copper (00358): -6.97 billion [2]

智通财经APP获悉，京东集团-SWR(89618)、友邦保险-R(81299)、比亚迪股份-R(81211)上一交易日沽空 比率位于前三位，分别为100.00%、78.88%、68.19%。腾讯控股(00700)、阿里巴巴-W(09988)、泡泡玛 特(09992)的沽空金额位居前三，分别为35.76 亿元、27.67 亿元、12.87 亿元。京东集团-SWR(89618)、 天齐锂业(09696)、百威亚太(01876)的偏离值位居前三，分别为34.54%、30.07%、30.01%。 前十大沽空比率排行 | 股票名称 | 沽空金额 | 沽空比率↓ | | 偏离值 | | --- | --- | --- | --- | --- | | 京东集团-SWR(89618) | 34.81 万元 | 100.00% | 34.54% | | | 友邦保险-R(81299) | 52.72 万元 | 78.88% | 8.93% | | | 比亚迪股份-R(81211) | 48.48 万元 | 68.19% | 8.62% | | | 商汤-WR(80020) | 12.93 万元 | 65.65% | 19.84 ...

| 股票名称 | 净流出(元)↓ | 净流出比 | 收盘价 | | --- | --- | --- | --- | | 盈富基金(02800) | -37.62 亿 | -16.47% | 27.000（+0.22%） | | 中芯国际(00981) | -15.84 亿 | -24.07% | 70.450（-2.42%） | | 阿里巴巴-W(09988) | -12.14 亿 | -6.84% | 161.000（-1.41%） | | 快手-W(01024) | -3.77 亿 | -7.36% | 73.450（-4.61%） | | 百济神州(06160) | -3.60 亿 | -32.55% | 205.800（+3.89%） | | 长飞光纤光缆(06869) | -1.87 亿 | -5.53% | 94.950（+12.23%） | | 中国宏桥(01378) | -1.62 亿 | -6.97% | 35.300（+1.26%） | | 中国太平(00966) | -1.49 亿 | -32.35% | 25.300（+2.51%） | | 长城汽车(02333) | -1.39 亿 ...

北京商报讯（记者 赵述评）2月5日，中科宇航力鸿一号返回式载荷舱正式抵达泡泡玛特城市乐园，MOLLY艺术家KENNY WONG（王信明）从舱内取出 SPACE MOLLY联名公仔。这也标志着MOLLY成为首个完成太空往返的潮玩IP。 @ c r p - 4 L nd i 更 k t the the / all and a program and Standing of 据了解，当前乐园部分区域正在升级，预计于今年夏天正式开放。 "今天站在这里亲手打开舱门，迎接MOLLY从太空凯旋，我仿佛回到了二十年前第一次画下她轮廓的瞬间。"KENNY WONG现场表示："我最大的骄傲不是 MOLLY飞得多远，而是无论走到哪里，她都像一颗不变的恒星，传递着温暖与勇气。愿MOLLY继续陪伴每一个人，也愿我们每个人心里那个好奇又勇敢的 自己，永远发光。" 1月12日16时，中科宇航力鸿一号遥一飞行器于酒泉卫星发射中心成功发射。箭体上印有泡泡玛特品牌标识、SPACE MOLLY联名公仔形象以及任务徽章。 舱内有身着泡泡玛特与中科宇航为此行特别设计的蓝色航天服的SPACE MOLLY。 力鸿一号总设计师、总指挥史晓宁表示："太空旅行 ...

Market Overview - The Hang Seng Index opened lower but managed to close up by 0.14% [1] - The geopolitical situation remains stable, with Iran set to negotiate nuclear issues with the U.S. on February 6 [1] - Gold and silver prices fell significantly, with silver dropping over 14% and gold falling more than 2% to below $4,900 per ounce [1] International Relations - Russian President Putin plans to visit China in the first half of 2026 following a video call with Chinese leaders [2] - U.S. and Chinese leaders had a positive discussion regarding regional issues and economic cooperation, with a planned visit by Trump to China in April [2] - China has requested state-owned enterprises to pause new investment projects in Panama [2] Technology Sector - Despite declines in U.S. tech stocks, some Chinese tech companies like Naxin Micro (02676) reported strong earnings and plan to raise product prices by 10%-25% [3] - Baidu (09888) announced a stock buyback plan of up to $5 billion and plans to introduce a dividend policy by 2026, leading to a nearly 3% increase in its stock price [3] - Xiaomi (01810) repurchased shares worth HKD 146 million, also seeing a nearly 3% rise [3] - Tencent (00700) is expected to maintain double-digit growth in its gaming business by 2026, with advertising revenue projected to grow around 20% [3] Consumer Sector - Kweichow Moutai (600519.SH) has shown strong performance, boosting consumer valuations [4] - Oriental Selection (01797) surged over 10% due to its unique brand and membership model [4] - Pop Mart (09992) reported significant demand for its new products, with resale prices on secondary markets showing substantial premiums [4] Restaurant Sector - Yum China (09987) reported total revenue of $11.797 billion for 2025, a 4% increase year-on-year, with net profit rising by 2% [5] - Haidilao (06862) is seeing positive impacts from the return of its founder, with plans for expansion and new brand growth [5] - Brainstorm Aurora-B (06681) announced a strategic partnership to promote digital health products in Southeast Asia, with a significant stock price increase of over 15% [6] Energy Sector - The U.S. is experiencing a surge in natural gas power generation capacity, with over 29 GW under construction, but many projects may face delays due to a lack of available gas turbines [7] - Companies like Eagle Precision (01286) and Dongfang Electric (01072) are positioned to benefit from this trend, with expectations of increased demand for gas turbine components [7] Aviation Sector - Cirrus Aircraft (02507) launched the new G3 Vision Jet, enhancing its product line and expected to improve profit margins [8] - The new jet model is designed for private and corporate users, featuring significant upgrades in safety and comfort [8] - Cirrus is projected to deliver approximately 800 aircraft in 2025, with new orders expected to reach around 600 units [9]

2026.02. 05 中科宇航是国内首家混合所有制火箭企业，业务涵盖系列化中大型火箭研制、生产和发射，亚轨道科学试验、太空智造平台，太空旅游等核心领域。 2025年8月，中科宇航与国泰海通证券签署协议，展开为期四个月的辅导工作。1月24日，据证监会官网显示，中科宇航上市辅导状态已变更为"辅导 工作完成"。 力鸿一号总设计师、总指挥史晓宁向第一财经记者表示，中科宇航与泡泡玛特联手打造 SPACE MOLLY，"航天+"的跨界有助于提升航天品牌的亲和力 与时代感，也借助文化消费的力量，以"首个太空乘客"的概念打开网络话题度，带动公众对太空旅游的关注和讨论，助力太空旅游逐渐从遥远的梦想转 化为真实的生活期待。 本文字数：1311，阅读时长大约2分钟 作者 | 第一财经 宋婕 封图 | 力鸿一号遥一飞行器点火起飞 图源：中科宇航 中科宇航与泡泡玛特共同设计的联名公仔SPACE MOLLY，在完成太空往返后入驻北京泡泡玛特乐园。 2月5日， 中科宇航技术股份有限公司（下称"中科宇航"）向北京泡泡玛特公园交付头戴宇航员头盔的公仔。该款公仔是中科宇航携手因太空航天技术 研究院与泡泡玛特共同联名设计。 1月12日，带有泡泡 ...

Group 1 - On February 5, 2026, Tencent Holdings (00700), Alibaba-W (09988), and the Tracker Fund of Hong Kong (02800) ranked as the top three companies by trading volume in the Southbound Stock Connect, with transaction amounts of 88.30 billion, 42.63 billion, and 28.20 billion respectively [1] - Tencent Holdings (00700), Alibaba-W (09988), and the Tracker Fund of Hong Kong (02800) also led the Southbound Stock Connect in the Shenzhen-Hong Kong Stock Connect, with transaction amounts of 66.97 billion, 34.20 billion, and 20.14 billion respectively [1] Group 2 - In the Southbound Stock Connect, the top three active trading companies included Tencent Holdings (00700) with a net buy of 36.59 billion, Alibaba-W (09988) with a net buy of 1.00 billion, and the Tracker Fund of Hong Kong (02800) with a net buy of 25.66 billion [2] - In the Shenzhen-Hong Kong Stock Connect, Tencent Holdings (00700) had a net buy of 19.19 billion, Alibaba-W (09988) had a net buy of 14.52 billion, and the Tracker Fund of Hong Kong (02800) had a net buy of 20.10 billion [2]

Group 1 - The collaboration between China Aerospace Technology Co., Ltd. (中科宇航) and Pop Mart has resulted in the design of a co-branded toy, SPACE MOLLY, which has completed a round trip to space and is now available at the Beijing Pop Mart Park [1] - The toy was delivered on February 5, following the successful suborbital flight test of the Li Hong No. 1 rocket on January 12, where it was the first toy IP to complete a space round trip [1][3] - This cross-industry collaboration is expected to provide important technical references and marketing paradigms for the upcoming development of the Li Hong No. 2 rocket, aimed at public space tourism services [1][3] Group 2 - China Aerospace is the first mixed-ownership rocket enterprise in the country, focusing on the development, production, and launch of medium to large rockets, suborbital scientific experiments, and space tourism [3] - The company has completed its listing counseling work as of January 24, as reported by the China Securities Regulatory Commission [3] - The Li Hong No. 2 rocket is designed to be a fully reusable spacecraft for space tourism, capable of over 30 flights, and will support major strategic projects such as manned lunar landings and deep space exploration [7] Group 3 - The commercial space sector is expected to focus on space tourism as a key emerging business area, with initiatives planned during the 14th Five-Year Plan period to develop space tourism infrastructure and operations [8] - The National Space Administration's action plan for 2025-2027 emphasizes support for commercial space entities in areas such as space resource development, space manufacturing, and space tourism, aiming to innovate business models and develop new industries [8]

Core Insights - The Hong Kong stock market saw a net inflow of 24.977 billion HKD from Northbound trading on February 5, with both Shanghai and Shenzhen stock connect contributing approximately 12.481 billion HKD and 12.496 billion HKD respectively [1] Group 1: Stock Performance - Tencent (00700) received the highest net inflow of 62.45 billion HKD, with a total trading volume of 88.30 billion HKD [2] - Alibaba-W (09988) had a net inflow of 21.82 billion HKD, with a total trading volume of 42.63 billion HKD [2] - The Yingfu Fund (02800) saw a net inflow of 26.93 billion HKD, totaling 28.20 billion HKD in trading volume [2] Group 2: Notable Net Outflows - Changfei Optical Fiber (06869) experienced the largest net outflow of 4.57 billion HKD, with total trading volume of 12.43 billion HKD [3] - Huahong Semiconductor (01347) had a net outflow of 3.63 billion HKD [6] - SMIC (00981) faced a net outflow of 3.08 billion HKD [6] Group 3: Market Trends and Analyst Insights - High-frequency trading in tech stocks continues, with Tencent, Alibaba-W, and Meituan-W (03690) receiving significant net inflows of 55.78 billion HKD, 15.52 billion HKD, and 5.4 billion HKD respectively [4] - Goldman Sachs predicts 2026 will be a pivotal year for Chinese internet giants, focusing on trends such as AI super applications and cloud business investments [4] - China Life (02628) received a net inflow of 12.39 billion HKD, with potential government plans to issue special bonds for capital injection into large insurance companies [5]

Group 1 - The China-Hong Kong Stock Connect Consumer Theme Index (931454) has risen by 1.93%, with the E Fund Hong Kong Consumer ETF (513070) experiencing a peak increase of over 2% and currently up by 1.89%, marking a potential three-day consecutive rise [1] - As of February 4, the E Fund Hong Kong Consumer ETF (513070) has reached a new high in both scale and shares since its inception, with a net inflow of 28.64 million yuan [1] - Over the past five trading days, there have been net inflows on four days, totaling 140 million yuan [1] Group 2 - Pop Mart's CEO Wang Ning announced that London will be the location for its European headquarters and that the company plans to open over 20 new standard retail stores in collaboration with Simon Property Group across the U.S. [1] - Pop Mart has conducted share buybacks, repurchasing 1.4 million shares for a total of 250 million HKD on January 19 and 500,000 shares for 96.49 million HKD on January 21 [1] - Citigroup believes that the market has undervalued Pop Mart's IP vitality and incubation capabilities, with investor confidence expected to rise due to the successful launch of new products and the recent share buyback plan [2] Group 3 - Deloitte forecasts that Hong Kong's retail sales will grow nearly 8% year-on-year to approximately 410 billion HKD in 2026, driven by strong recovery in the consumer market [2] - Key retail categories expected to drive growth include jewelry and watches (19% increase), clothing and footwear (16% increase), pharmaceuticals and cosmetics (11% increase), and department stores (10% increase) [2] - Guoyuan Securities maintains an optimistic outlook for the economic prospects in 2026, anticipating that service consumption will be the main driver of economic growth [2]