港股开盘：恒指跌0.82%、科指跌1.31%，科网股走势分化，芯片股、黄金股走低，智能驾驶概念股普涨

Market Overview - The Hong Kong stock market opened lower on February 5, with the Hang Seng Index down 219.37 points, a decline of 0.82%, closing at 26,627.95 points [1] - The Hang Seng Tech Index fell by 70.55 points, down 1.31%, to 5,295.89 points [1] - The China Enterprises Index decreased by 69.92 points, a drop of 0.77%, to 8,978.46 points [1] - The Red Chip Index declined by 8.89 points, down 0.2%, to 4,363.4 points [1] - The previous day saw mixed performance among the three major indices, with the Hang Seng Index closing in the green while the Hang Seng Tech Index experienced a drop of over 2% at one point [1] Company Performance - Xinda Biologics (01801.HK) reported a projected total product revenue of approximately RMB 11.9 billion for 2025, reflecting a year-on-year growth of about 45% [2] - Lee & Man Paper Manufacturing (02314.HK) anticipates a profit of approximately HKD 1.88 billion to HKD 2.00 billion for 2025, representing a year-on-year increase of 38% to 47% [2] - ZTO Express (02057.HK) expects total revenue for 2025 to be between RMB 48.5 billion and RMB 50 billion, with a year-on-year growth of about 9.5% to 12.9% due to increased parcel volume [2] - China Resources Cement (01313.HK) forecasts a year-on-year profit increase of approximately 115% to 135% for 2025, driven by cost reductions and decreased impairment losses [2] - Gemdale Corporation (00535.HK) reported a total contract sales amount of approximately RMB 239 million in January, a year-on-year decrease of 61.82% [3] - Fosun International (00656.HK) plans to subscribe to additional registered capital of Shangan Technology for RMB 105 million, acquiring a 51.0879% stake post-capital increase [3] - Shanghai Pharmaceuticals (02607.HK) intends to transfer its 30% stake in Amgen for a minimum listing price of approximately RMB 1.023 billion [3] Corporate Actions - Caocao Travel (02643.HK) completed a placement of 12 million shares at HKD 32.46 per share, raising approximately HKD 383 million [4] - Kingsoft (03888.HK) repurchased 1.0886 million shares for HKD 29.99 million, with repurchase prices ranging from HKD 27.18 to HKD 28 [5] - Xiaomi Group (01810.HK) spent HKD 146 million to repurchase 4.3 million shares at prices between HKD 33.94 and HKD 34.02 [6] - Kingdee International (00268.HK) repurchased 1 million shares for HKD 11.0597 million, with prices between HKD 11.05 and HKD 11.1 [7] Industry Insights - Guosen Securities remains optimistic about the spring market, suggesting a focus on performance-based investments despite potential negative impacts from the rebound of the US dollar index and rising US Treasury yields [8] - CICC noted advancements in global large model technology capabilities, particularly in reasoning and programming, while highlighting ongoing limitations in general capabilities [9] - Xinda Securities pointed out the continuous improvement of regulations in the domestic intelligent connected vehicle sector, with an expected market size of RMB 270 billion for Robo-taxis by 2030 and a projected increase in the logistics vehicle industry value to RMB 594.8 billion by 2030 [9]