本文源自：金融界AI电报 摩根大通发表研报指，银河娱乐公布截至去年12月底止全年业绩，其中末季业绩胜于市场已提高的预 测，市场份额按季升160个基点至21.7%，利润按季扩张29%。末期股息每股0.8港元意味着2025财年派 息比率达61%，属稳健表现亦符摩通预期，但对于部分希望获得更高派息率的多头而言，对该派息略感 失望。该行维持银娱的"增持"评级，视其为首选股，目标价为52港元，并对该板块持"选择性"看法。 ...

本文源自：金融界AI电报 璋利国际(01693.HK)涨7.14%，报5.2500港元，股价创历史新高，总市值2.27亿港元。 ...

Group 1 - The Shanghai Stock Exchange Sci-Tech Innovation Board Artificial Intelligence Index (950180) has seen a strong increase of 2.07% as of February 27, 2026, with constituent stocks such as Yuntian Lifeng (688343) rising by 20.00%, Sikan Technology (688583) by 7.96%, and Yuncong Technology (688327) by 7.17% [1] - The Huatai-PineBridge Sci-Tech Innovation Artificial Intelligence ETF has increased by 2.00% as of February 27, 2026, and has accumulated a rise of 19.87% over the past six months as of February 26, 2026 [1] - The Ministry of Industry and Information Technology and seven other departments have released the "Implementation Opinions on the Special Action of 'Artificial Intelligence + Manufacturing'," aiming to accelerate the integration of AI technology in the manufacturing sector and cultivate new productive forces [1] Group 2 - CITIC Securities notes that the recent performance of the computing power sector has been mixed, with market demand outlook for 2027 remaining uncertain and heavy positions in the sector [2] - CITIC Securities continues to recommend the AI computing power sector, including core companies in both North American and domestic computing power supply chains, while also suggesting attention to AI application sectors, particularly the progress of edge AI agents [2] - As of February 26, 2026, the Huatai-PineBridge Sci-Tech Innovation Artificial Intelligence ETF has achieved a weekly profit percentage of 100.00% since its inception, with a maximum drawdown of 3.04%, ranking 3 out of 24 in its category, indicating relatively low risk [2] Group 3 - The Huatai-PineBridge Sci-Tech Innovation Artificial Intelligence ETF was established on February 9, 2026, and aims to closely track the underlying index while minimizing tracking deviation and error [3] - The current fund manager, He Lizhu, has 4.3 years of experience in the securities industry and has achieved a return of 1.74% since taking office on February 9, 2026 [3]

北京商报讯（记者 蔺雨葳）2月27日，蔚来全新ES8在温州完成第70000辆交付。2026年1月，全新ES8 零售销量17645辆，连续两个月斩获大型SUV销量冠军及40万元以上车型销量冠军。 ...

天弘中证工业有色金属主题指数基金经理贺雨轩表示，我们认为市场普遍把工业有色定义为"纯周期"行 业，隐含着对其部分成长性的忽视（19~21年的新能源车发展浪潮，使得纯周期的金属品种锂钴镍成为 了"能源金属"，相关上市公司在那一轮的上行期阶段享受了"成长股"估值），而工业有色金属（铜铝为 主）在这一轮的成长性会在业绩上行持续一段时间之后逐步被市场所认知，相应地，对其的估值也会经 历从"周期资产估值"转向"成长资产估值"，最终大概率迎来"戴维斯双击"（业绩上行，叠加估值扩 张）。基于此，我们对工业有色金属行业整体在2026年、乃至2027年的表现都报有比较强的信心。 数据显示，截至2026年2月25日，中证工业有色金属主题指数（H11059）前十大权重股分别为洛阳钼 业、北方稀土、中国铝业、兴业银锡、厦门钨业、云铝股份、铜陵有色、江西铜业、西部矿业、东阳 光，前十大权重股合计占比54.46%。（以上所列股票仅为指数成份股，无特定推荐之意，历史持仓不 代表现在和未来） 截至2月27日13:43，中证工业有色金属主题指数（H11059）大涨3.72%。天弘中证工业有色金属主题指 数基金（A:017192/C:01719 ...

这不是一次简单的周期性反弹。在利润新高的背后，工业有色金属的底层逻辑正在发生深刻重构—— 从"宏观波动率的买单者"转变为"制造业升级的卖铲人"。天弘中证工业有色金属主题指数基金2025年A类 份额过去一年净值增长率达93.08%，C类份额过去一年达92.60%，同期业绩比较基准涨幅为90.05%，正是 这一逻辑变迁的集中映射。 图一：天弘中证工业有色金属主题指数发起A净值表现 2025年，有色金属行业迎来历史性时刻。中国有色金属工业协会数据显示，规模以上有色金属工业企业利 润总额突破5000亿元大关，达到5284.5亿元，同比增长25.6%，创下历史新高。其中，铝、铜两大品种对行 业利润增长的贡献率分别达35%和20%，成为行业盈利增长的核心支柱。 | 阶段 | 净值增长 率(1) | 净值增长 | 业绩比较 基准收益 | 业绩比较 基准收益 率标准差 | (1)-(3) | (2)-(4) | | --- | --- | --- | --- | --- | --- | --- | | | | 率标准差 | | | | | | | | (2) | 率(3) | (4) | | | | 过去三个月 | 18.4 ...

Core Viewpoint - Morgan Stanley's report indicates that Galaxy Entertainment's full-year performance as of December 31 exceeded market expectations, with a quarterly market share increase of 160 basis points to 21.7% and a quarterly profit expansion of 29% [1] Financial Performance - The final quarter's earnings surpassed the market's revised forecasts, reflecting strong operational performance [1] - The final dividend of HKD 0.8 per share implies a payout ratio of 61% for the fiscal year 2025, which is considered robust and aligns with Morgan Stanley's expectations [1] - Some bullish investors expressed disappointment regarding the dividend, hoping for a higher payout ratio [1] Investment Rating - Morgan Stanley maintains an "Overweight" rating on Galaxy Entertainment, viewing it as a preferred stock with a target price of HKD 52 [1] - The firm holds a "selective" outlook on the sector overall [1]

摩根大通发表报告指，汇丰控股2025年第四季业绩及中期有形股本回报率(ROTE)指引超出预期。整体 而言，业绩简报会传递正面讯息，管理层更清晰阐述了2026-2028年收入增长轨迹、净利息收入增长驱 动因素，以及实现汇控业务协同效应的路线图。此外，汇控管理层对成本的说明有助缓解市场对科技与 人工智能等关键领域投资不足的忧虑。该行预期汇控股价将维持强势，下个催化剂为五月举行的投资者 日，维持对其"增持"评级及目标价165港元。 ...

随着近期多只生物医药股靓丽业绩放榜，今日港股创新药概念也集体活跃。其中，入选了2026年格隆 汇"下注中国"十大核心资产名单的药明合联涨超8%，领涨板块，药明生物涨超5%，康方生物、云顶新 耀、诺诚健华涨超4%，石药集团、再鼎医药、药明康德涨超3%。 | 代码 | 名称 | | 涨跌幅 V | 最新价 | 总市值 | 年初至今涨跌 | | --- | --- | --- | --- | --- | --- | --- | | 02268 | 药明合联 | 0 | 8.40% | 63.250 | 795.68亿 | 4.12% | | 02269 | 药明生物 | | 5.38% | 40.340 | 1669.08 Z | 28.31% | | 09926 | 康方生物 | | 4.81% | 106.800 | 983.78亿 | -5.49% | | 01952 | 云顶新耀 | | 4.27% | 37.600 | 132.95亿 | 1.68% | | 69660 | 诺成健华 | | 4.04% | 12.090 | 213.04亿 | -1.71% | | 01093 | 石约集团 | | 3. ...

2月27日，云顶新耀(01952)宣布，其原研产品布地奈德肠溶胶囊(耐赋康)专利维权取得关键进展。广州 知识产权法院已于2026年2月26日作出民事裁定书，全面支持公司提出的诉前行为保全申请，并责令相 关仿制药企业立即停止侵权行为并停止挂网，该裁定自作出之日起立即执行。 云顶新耀对法院的公正裁定表示欢迎，并将持续依法维护知识产权，促进创新疗法惠及更多患者。 ...