证券研究报告 | 朝闻国盛 gszqdatemark 2026 03 02 年 月 日 【策略研究】3 月策略观点与金股推荐：布局"涨价"扩散，博弈政策催 化——20260301 【金融工程】中证 1000、中证 2000 率先创出新高——20260301 【金融工程】择时雷达六面图：本周各项指标分数基本无变化—— 20260228 【固定收益】央行呵护资金宽松，存单利率小幅下行 ——流动性和机构 行为跟踪——20260228 【非银金融】行业周报|加强信息披露行为监管，提升私募基金运作透明 度——20260301 朝闻国盛 地缘风起，聚焦两会 今日概览 ◼ 重磅研报 【宏观】政策半月观—各部门各地"新春第一会"的看点——20260301 【海外】优选各赛道领先企业——2026 年 3 月海外金股推荐—— 20260301 【家用电器】惠而浦（600983.SH）-惠而浦深度二：如何看待大股东及 二股东的赋能？——20260301 【食品饮料】鸣鸣很忙（01768.HK）-鸣响渠道变革，忙驭万店星辰—— 20260227 ◼ 研究视点 【基础化工】聚焦算力链成长：关注东阳光、SST ——20260301 【环 ...

Key Points Summary Industry Overview - The report focuses on the internet and hospitality sectors, highlighting key companies such as Alibaba, Meituan, Ctrip, and various hotel chains [1][2]. Core Insights and Arguments - **Alibaba**: Continued recommendation based on positive outlook for its cloud services and Q&A development prospects [1]. - **Meituan**: No significant changes in fundamentals; stock price correction before the Spring Festival has made its valuation more attractive, thus maintaining a recommendation [1]. - **Hospitality Sector**: The revenue per available room (RevPAR) for hotels exceeded expectations during the Spring Festival, leading to recommendations for Atour Hotel, Huazhu Group, and Ctrip [1]. - **Ctrip's Earnings Call**: Important to monitor Ctrip's upcoming earnings call for insights on regulatory perspectives and agent-related issues [1]. Additional Important Content - A diverse range of companies is recommended across various sectors, including internet (Alibaba, Meituan, Ctrip, Pinduoduo, Kuaishou, Didi Chuxing, JD.com), social services (Atour Hotel, Huazhu Group, Luckin Coffee), and retail (Wancheng Group, Mingming Hen Mang, Miniso, Yonghui Supermarket) [2].

金生游乐跌13.64%，能链智电跌11.52%，金山云跌8.89%，优品车跌7.89%，BOSS直聘跌6.78%。 来源：滚动播报 ...

Core Insights - The company BOSS Zhipin plans to continuously upgrade its platform governance technology and maintain a high-pressure stance against violations, indicating a commitment to improving platform integrity [1] Group 1 - Future events to watch include the further advancement of governance actions, which may impact the platform's operational environment [1] - Investors should pay attention to changes in user retention rates and corporate payment willingness in upcoming quarterly reports to assess the long-term effects of the special governance measures on the platform ecosystem [1]

Group 1 - The company BOSS Zhipin-W (02076) plans to purchase a total of 410,642 Class A ordinary shares in the open market on February 17 and 18, 2026 [1] - The shares will be acquired through internal resources and held in trust for eligible participants [1] - The average cost per Class A ordinary share is set at $8.70 [1]

Group 1 - The company BOSS Zhipin-W (02076) plans to purchase a total of 410,642 Class A ordinary shares in the open market on February 17 and 18, 2026 [1] - The shares will be acquired through internal resources and held in trust for eligible participants [1] - The average price per Class A ordinary share is set at $8.70 [1]

Group 1 - The company BOSS Zhipin-W (02076.HK) announced plans to purchase a total of 410,642 Class A ordinary shares in the open market on February 17 and 18, 2026 [1] - The shares will be held in trust for eligible participants as defined in the plan [1] - The purchase will be executed by a trustee using internal resources allocated by the company [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部份內容而產生或因倚賴 該等內容而引致之任何損失承擔任何責任。 KANZHUN LIMITED 看準科技有限公司 （於開曼群島註冊成立以同股不同權控制的有限責任公司） 謹此提述看準科技有限公司（「本公司」）於2022年12月14日有條件批准及採納的 首次公開發售後股份計劃（「計劃」），該計劃於2022年12月22日本公司A類普通股 （「A類普通股」）在香港聯合交易所有限公司主板上市後生效。於2026年2月17日 和18日，由本公司內部資源撥付，計劃受託人（「受託人」）根據計劃之條款及條件 在公開市場上購買合共410,642股A類普通股（以205,321股美國存託股的形式）， 並以信託方式為合資格參與者（定義見計劃）持有該等股份。受託人所購買並以信 託方式持有的A類普通股詳情如下： （股份代號：2076） （納斯達克股票代碼：BZ） 自願公告 根據首次公開發售後股份計劃 在市場上購買股份 創始人、董事長兼首席執行官 趙鵬先生 香港，2026年2月20日 於本公告日期，本 ...

2月20日热门中概股多数下跌，纳斯达克中国金龙指数（HXC）收跌0.35%。 上涨股当中（按市值从高到低），富途控股涨0.65%，中通涨0.51%，华住酒店集团涨1.54%，蔚来涨 0.41%，中国新城农村涨1.15%，新东方涨0.32%，万国数据涨0.84%，唯品会涨0.17%。 下跌股当中（按市值从高到低），台积电跌0.52%，阿里巴巴跌0.96%，拼多多跌0.94%，网易跌 0.44%，日月光半导体跌0.69%，百度跌0.55%，京东跌0.51%，携程跌2.28%，中华电信跌0.72%，联电 跌0.98%，腾讯音乐跌0.39%，贝壳跌0.58%，小鹏汽车跌0.39%，哔哩哔哩跌0.61%，满帮跌0.52%， BOSS直聘跌0.92%。 美股周四收跌，道指跌超260点。投资者撤出金融板块并密切关注美伊紧张局势，标普500指数年内涨幅 近乎归零。 道指跌267.50点，跌幅为0.54%，报49395.16点；纳指跌70.91点，跌幅为0.31%，报22682.73点；标普 500指数跌19.42点，跌幅为0.28%，报6861.89点。 截止周四收盘，标普500指数年内涨幅收窄至0.2%，道指涨幅超过2%。 ...

Group 1 - The Capital Group Companies, Inc. reduced its stake in BOSS Zhipin (02076) by 828,456 shares at a price of HKD 71.8806 per share, totaling approximately HKD 59.5499 million [1] - After the reduction, The Capital Group's remaining shareholding is approximately 67,192,600 shares, representing a holding percentage of 8% [1]