5月22日，手回集团（02621，HK）启动招股，计划全球发售2435.84万股，其中2192.24万股股份为国际 发售股份，243.6万股股份（可予重新分配）为港股市场公开发售股份。 5月22日，手回集团开启招股，公开招股结束时间是5月27日，并计划于2025年5月30日正式以"2621"为 股票代码在港交所主板挂牌上市。 手回集团计划在本次IPO中发行2435.84万股。以每股5.84港元至8.08港元的发行区间计算，本次IPO募资 规模至多为1.968亿港元。 按照发行价区间平均数7.28港元计算，公司的上市市值约为16.48亿港元（约15.17亿元人民币），相比C 轮融资有一定的提升，对应的PS（市销率）和PE（市盈率）倍数分别为1.09倍、6.27倍。 公开资料显示，手回集团成立于2015年，是一家人身险中介服务提供商，致力于通过数字化人身险交易 和服务平台，在线为保险客户提供保险服务解决方案。目前，手回集团的人身险数字化交易及服务解决 方案通过小雨伞、咔嚓保和牛保100三大平台赋能于不同销售场景中的保险交易及服务——在小雨伞进 行在线直接分销；在咔嚓保通过保险代理人进行分销；在牛保100在业务合作 ...

公司的蒙古法律顾问提出，尽管 MoEnCo 的银行帐户被冻结，MoEnCo 仍可以在税务争议解决委员会 和在蒙古法律程序下为其案件进行辩护。同时，集团将尽一切合理努力与蒙古相关部门协商，寻求友善 解决方案。若无法迅速达成解决方案，且于税务争议解决委员会的复审聆讯取得负面结果，则可能对集 团的营运和财务方面(包括持续经营)产生不利影响。 智通财经APP讯，蒙古能源(00276)公布，该集团截至2025年3月31日止年度的未经审核的收入和未经审 核的毛利预期由2024年同期的31.732亿港元及11.869亿港元分别减少至约28亿港元及约8.48亿港元。财 政年度的收入和毛利减少乃主要由于平均煤炭销售价格下跌。 此外，有关蒙古税务局向 MoEnCo LLC徵收尚未清缴税款总额合共约13.331港元，公司于2025年5月19 日收到通知，蒙古税务争议解决委员会的复审聆讯将于2025年5月23日进行。 此外， MoEnCo 的银行帐 户亦因部分尚未清缴的税项约1.09亿美元 (约 8.52亿港元) 而被蒙古税务局冻结。如复审聆讯的结果不利 于该集团，并且上述拖欠金额仍然继续， 蒙古税务局有权采取进一步行动包括扣押 M ...

派息方面，集团2024/25财政年度，每股基本盈利达11.3美仙。董事会宣派末期股息每股30.5港仙。连同 中期股息每股8.5港仙，2025财年的总股息将达每股39港仙。 联想集团CFO郑孝明表示，面对不断变化的宏观挑战和政策转变，集团正实施我们的策略，以提高市场 份额及盈利能力。展望未来，集团将充分释放在混合式人工智能领域的全部潜力，并通过三大业务集团 之间的协同效应，更将为新一代产品设计与解决方案激发突破性创新。 从各业务分部来看，智能设备业务集团已制定战略计划以进一步加快智能手机业务的增长，人工智能个 人计算机也将带动新的需求周期，这两个因素对于取得超越市场的增长、更高的平均售价及持续的盈利 能力都至关重要。智能设备业务集团现正开发专有知识产权，以提升在推理速度、语言模型压缩和内存 消耗方面的性能，同时将差异化扩展到组件和软件。 基础设施方案业务集团旨在通过投资混合式人工智能基础设施、高性能计算、存储及边缘计算解决方 案，来推动增长并提高盈利能力。该业务分部将进一步使其客户基础多元化、获取新客户，以及通用运 算和 GPU 加速系统之间的平衡，以确保成本效益及扩展收入增长。 随着人工智能驱动的服务带来显著 ...

Core Viewpoint - The company, along with InstilBio, Inc., announced updates on the clinical status and future plans for IMM2510/AXN-2510, particularly focusing on its application in treating non-small cell lung cancer (NSCLC) Group 1: Clinical Trial Updates - The Phase 2 trial for IMM2510/AXN-2510 in combination with chemotherapy for first-line NSCLC is expected to complete patient enrollment of approximately 60 patients by Q3 2025 in China [1] - As of the end of March 2025, over 30 NSCLC patients have been enrolled, with more than 20 first-line NSCLC patients having received treatment [1] - Preliminary safety and efficacy results from this Phase 2 trial are anticipated to be announced in the second half of 2025 [1] Group 2: Single-Agent Treatment Data - The objective response rate (ORR) for IMM2510/AXN-2510 as a monotherapy for recurrent/refractory NSCLC is reported to be 23%, based on a data set similar to that of a competing PD-(L)1x VEGF bispecific antibody [2] Group 3: Future Clinical Plans - The company plans to initiate a Phase 3 trial for IMM2510/AXN-2510 in combination with chemotherapy for first-line NSCLC in mid-2026, pending discussions with regulatory authorities [3] - Preclinical experiments have demonstrated that IMM2510/AXN-2510 can synergistically bind with PD-L1 in the presence of VEGF in vitro [3] - Additional preclinical data indicating a potentially best-in-class mechanism of action for IMM2510/AXN-2510 is expected to be presented at future medical or scientific conferences [3]

| | | 2、百度（9888):全日收82.65元，投資者問是否有支持位？從日線圖看，在保利加通道中線跌至底部，甚至已經跌穿底部的支持。而周線圖看股價也跌回中 線下方，走勢不是很理想。技術信號的總結為"強力賣出"，賣出信號多過買入。進一步再跌的話，參考市場數據，比如我們數據系統分析的78.8元。再跌則 下試試周線圖的底部76.4元。 1、恆指：指數全日收23544點。投資者認為指數低於23500以下可以小注搏反彈。而看空投資者認為恒指會繼續下行考驗23000的支持位。走勢上，恆指維持橫盤格 局，整體變化不大。技術信號轉弱一些，信號總結為"買入"，未能到"強力買入"的信號。支持和阻力位可參考22815點和24000點。 3、周大福（1929）：全日收11.46元。投資者問是否會挑戰12元位置？走勢上，維持向上的趨勢，從2月初開始，股價從7元一路上行，走勢理想。目前技術 信號為"強力買入"，走勢也維持上行趨勢。第一阻力先參考保利加通道頂部11.64元。突破則參考我們數據分析的阻力位11.9元。這兩組數據暫時都低於12 元。窩輪市場上，暫時沒有追高的投資者，早前在9元有人部署認購證。 | 信號總結 | 賣出信號 ...

智通财经APP获悉，5月22日港股市场，北水成交净买入38.8亿港元，其中港股通(沪)成交净买入30.24亿 港元，港股通(深)成交净买入8.56亿港元。 北水净买入最多的个股是建设银行(00939)、美团-W(03690)、泡泡玛特(09992)。北水净卖出最多的个股 是腾讯(00700)、小鹏汽车-W(09868)、阿里巴巴-W(09988)。 | 股票名称 | 买入额 | 卖出额 | 买卖总额 | | --- | --- | --- | --- | | | | | 净流入 | | 小米集团-W | | | 52.76亿 | | HK 01810 | 26.24 乙 | 26.52亿 | -2774.41万 | | 阿里巴巴-W | 15.98 乙 | 18.17 乙 | 34.15亿 | | HK 09988 | | | -2.19 Z- | | 建设银行 | 15.29 乙 | 6.00亿 | 21.29亿 | | HK 00939 | | | +9.29 乙 | | 腾讯控股 | 8.14 Z | 12.78 乙 | 20.93亿 | | HK 00700 | | | -4.64 Z | | 小鹏汽 ...

山西安装前任董事为长王利民，今年50岁，在山西安装任职已超过30年。晋融社了解到，王利民此番卸任山西安装董事长一职后，将履新山西建投集团副 总经理，兼任山西建投旗下深圳市华融泰资产管理有限公司党委书记、董事长。 王利民于1994年10月加入山西安装上海分公司，并长期任职于此，从施工员做起，2014年6月担任上海分部常务副总经理。随后，王利民调到山西安装总 部任职，2016年4月晋升为山西安装副总经理，2018年3月担任公司党委员副书记和总经理，2020年11月起担任公司党委员会书记兼董事长。 山西安装为山西建投集团旗下公司，从事专业工业工程、专业配套工程、其他工程及非工程业务，可在工程服务全周期内为客户提供全过程、全生产链及 一体化的专业系统服务。 山西省属国企山西建投集团旗下上市公司山西安装迎来新掌门。 5月22日，我省港股上市公司山西安装发布公告称： 王利民因工作调整辞任董事长一职；山西安装原副董事长、总经理任锐接任山西安装董事长。 公司将 根据相关规定尽快完成总经理选聘工作。 公开资料显示，任锐今年44岁，在公司任职十余年。其于2014年6月加入山西安装担任市政工程分公司经理，2017年7月晋升为公司副 ...

Core Viewpoint - Haidilao's first bakery store "拾㧚耍·SCHWASUA" opened in Hangzhou, marking a significant step in the company's exploration of restaurant sub-brands [1][2] Company Overview - The bakery is located in a prime area of Hangzhou, featuring an eye-catching design with a giant croissant installation and a unique product display [3] - The brand promotes a philosophy of "安心吃、放心耍" (Eat with peace of mind, Play with ease) and offers a variety of products including bread, drinks, and cakes, with a customer price point starting at over 10 yuan [5] Market Positioning - The bakery targets a cost-conscious mass market, with 60% of products priced below 10 yuan, aligning with current consumer trends [8] - Despite the low pricing strategy, the bakery's product pricing is not significantly competitive compared to local brands, with some basic products priced higher than competitors [8] Product and Innovation - The bakery claims to offer a unique "West Lake Longjing" flavored bread, but overall product innovation appears limited, leading to a lack of distinctiveness in a highly competitive market [10][15] - The store has implemented various promotional activities, including significant discounts and membership benefits, to attract customers [10] Operational Strategy - The operational model emphasizes high standardization and replicability, leveraging Haidilao's supply chain advantages to reduce operational costs [11] - The store's location in a bustling commercial area near West Lake is strategically beneficial for attracting foot traffic, especially from younger consumers [11][13] Market Trends - The Chinese baking market is experiencing growth, with a retail market size exceeding 560 billion yuan in 2023 and projected to reach 859.56 billion yuan by 2029 [16] - The market is seeing a divide between high-end brands and low-cost bakeries, with various players entering the space, including tea brands expanding into baking [16] Challenges and Future Outlook - The bakery's ability to establish a successful single-store model remains uncertain, with the need to validate profitability and consumer loyalty [18] - Haidilao's experience with sub-brands has been mixed, with many failing to sustain operations beyond initial phases, raising questions about the bakery's long-term viability [18]

Core Viewpoint - Nai Xue's Tea has adjusted its breakfast pricing strategy in the Guangzhou and Shenzhen regions, requiring customers to purchase a breakfast card for an additional 9.9 yuan to access the previously priced 9.9 yuan breakfast options [1] Group 1 - The company is currently promoting an upgrade to its breakfast offerings in the Guangzhou and Shenzhen stores [1] - New bagel products have been included in the discounted breakfast combo, providing customers with over 20 breakfast package options at special prices upon activating the breakfast card [1] - The initiative aims to deliver higher value and a more diverse product selection to consumers [1]

Core Insights - The logistics industry is transitioning from a focus on speed differentiation to a more complex competitive landscape, with companies like JD Logistics and SF Express adopting different strategies to maintain market share [1][2][3] Group 1: Company Performance - JD Logistics reported a revenue of 46.967 billion yuan in Q1, representing a year-on-year growth of 11.5%, with a net profit of 0.451 billion yuan, up 89.1% [1] - The revenue from JD Logistics' integrated supply chain clients reached 23.2 billion yuan in Q1, growing by 13.2% year-on-year, accounting for nearly 50% of total revenue [3] - SF Express achieved a revenue of 69.85 billion yuan in Q1, with a year-on-year increase of 6.9%, and a net profit of 2.234 billion yuan, up 16.87% [7] Group 2: Strategic Initiatives - JD Logistics is focusing on deep integration with manufacturing and various industry segments, moving away from traditional express delivery competition [3] - The company has over 3,600 self-operated warehouses and cloud warehouses, with a total management area exceeding 32 million square meters [2] - JD Logistics is implementing advanced technologies, such as the "Super Brain" model, to enhance operational efficiency and ensure smooth delivery of products under national subsidy programs [5][6] Group 3: Market Trends - The logistics market is experiencing intensified competition, with companies seeking to avoid reliance on price wars while maintaining market share [2][3] - The rise of e-commerce has significantly influenced the logistics sector, leading to a saturated market where differentiation is increasingly challenging [2] - JD Logistics is expanding its overseas operations, with plans to exceed 1 million square feet of overseas warehouse space by 2025, and has already established over 20 overseas warehouses in Europe [6][7]