CANSINOBIO(SH:688185) Xin Yong An Guo Ji Zheng Quan·2026-02-25 02:34Market Performance - A-shares experienced a rebound after an initial drop, with the Shanghai Composite Index closing up 0.87% at 4117.41 points, and the Shenzhen Component Index rising 1.36%[1] - The Hang Seng Index fell 1.82% to 26590.32 points, while the Hang Seng Technology Index and the Hang Seng China Enterprises Index dropped 2.13% and 2.06%, respectively[1] - The total market turnover in Hong Kong was 2509.921 million HKD[1] Economic Indicators - The U.S. stock indices all closed higher, with the Dow Jones up 0.76% at 49174.5 points, the S&P 500 rising 0.77% to 6890.07 points, and the Nasdaq increasing by 1.04%[1] - The Chinese Spring Festival saw record domestic travel spending of 8034.83 billion CNY, an increase of 1264.81 billion CNY compared to the previous year, with 596 million domestic trips taken[12] - The average daily spending by inbound foreign tourists increased by 22% compared to the previous year during the Spring Festival[8] Corporate Developments - RedotPay, a Hong Kong stablecoin payment company, is reportedly planning an IPO in the U.S. with a fundraising target exceeding 1 billion USD[10] - The industrial robot manufacturer Estun reported a revenue of 3.804 billion CNY for the first nine months of the previous year, a year-on-year increase of 12.86%[10] - The company plans to use the proceeds from its IPO to expand global production capacity and invest in R&D for next-generation industrial robot technology[10]