黑天鹅开局，港股2月不乐观

Group 1: Market Overview - The Hong Kong stock market started February on a negative note, with the Hang Seng Index closing down 611 points or 2.23%, settling at 26,775 points, after a drop that saw it fall below the 27,000 mark [3] - The technology index faced significant losses, dropping over 4% and closing down 191 points or 3.36% at 5,526 points [3] - The overall market turnover was approximately 34.79 billion HKD [3] Group 2: Economic Indicators - The manufacturing PMI in China rose to 50.3 in January, marking a three-month high and exceeding market expectations of 50, indicating continued improvement in manufacturing sentiment [7] - New orders, including overseas orders, contributed to the growth, with a slight acceleration in output growth [7] - Despite the positive indicators, business confidence fell to a nine-month low due to cost concerns, with companies reporting the strongest increase in costs in four months [7][8] Group 3: Company News - Xtep International (01368) proposed to issue 500 million HKD zero-coupon convertible bonds due in 2029, with a conversion price of 6.37 HKD per share, representing a 23.93% premium over the last closing price [11] - Western Cement (02233) plans to issue 300 million USD senior notes due in 2029, with proceeds intended for debt refinancing and working capital [12] - Ruipu Lanjun (00666) expects to turn a profit in the fiscal year ending December 2025, projecting a net profit between 630 million and 730 million RMB, driven by increased sales of power and energy storage battery products [13]