香港联交所最新资料显示，2月13日，美国资本集团减持携程集团-S(09961)181.9886万股，每股作价 419.3279港元，总金额约为7.63亿港元。减持后最新持股数目约为5490.8万股，最新持股比例为7.96%。 ...

Group 1 - The core point of the article is that American Capital Group has reduced its stake in Trip.com Group Ltd (09961) by selling 1.819886 million shares at a price of HKD 419.3279 per share, totaling approximately HKD 763 million [1] - After the reduction, American Capital Group's remaining shareholding is approximately 54.908 million shares, representing a holding percentage of 7.96% [1]

Core Viewpoint - The A-share market experienced a strong performance on the first trading day of the Year of the Horse, with all three major indices closing higher, driven by resource sectors and policy expectations as the Two Sessions approach [3][15]. Market Performance - On February 24, the Shanghai Composite Index rose by 0.87% to 4117 points, the Shenzhen Component increased by 1.36% to 14291 points, and the ChiNext Index gained 0.99% to 3308 points [3][15]. - The total trading volume for the day reached 2.2 trillion yuan, an increase of 219.2 billion yuan compared to the previous trading day, indicating heightened market activity [3][15]. Sector Analysis - Resource sectors, particularly oil and gas, led the market rally, with multiple oil and gas ETFs hitting the daily limit [4][16]. - In contrast, the film and media sector saw significant declines, with related ETFs dropping over 7% due to disappointing box office performance during the Spring Festival [4][17]. ETF Market Insights - Oil and gas ETFs showed remarkable performance, with several reaching the daily limit and an average increase of around 10% [5][18]. - The Standard & Poor's Oil and Gas ETF recorded a trading volume of 1.117 billion yuan and a turnover rate of 152.76%, reflecting strong market interest in this sector [5][18]. Investment Themes - Analysts suggest that resource products and technology sectors may become the main themes for the spring market, driven by policy expectations and industry trends [3][11]. - The focus on stable growth policies ahead of the Two Sessions is expected to benefit infrastructure and resource sectors [11][24]. Market Sentiment - Despite the overall market rally, there is a notable divergence in sector performance, with technology stocks experiencing mixed results [21][23]. - Southbound capital flows showed a "buy the dip" strategy, with net purchases of 3.131 billion Hong Kong dollars on February 24, indicating continued interest in the market despite fluctuations [22][24].

春节期间南京接待游客量2068.2万人次 游客总花费235.1亿元 中新网南京2月24日电 (记者 朱晓颖)"南京发布"24日公布，经综合测算，春节长假9天(2月15日至23 日)，南京市累计接待游客量为2068.2万人次，游客总花费为235.1亿元，与2025年春节8天假期相比，分 别增长22.4%和29.7%，按可比口径同比分别增长12.4%和15.3%。 广告等商务合作，请点击这里 本文为转载内容，授权事宜请联系原著作权人 中新经纬版权所有，未经书面授权，任何单位及个人不得转载、摘编或以其它方式使用。 关注中新经纬微信公众号(微信搜索"中新经纬"或"jwview")，看更多精彩财经资讯。 银联商务数据显示，南京春节期间异地文旅消费金额为49.3亿元，同比增长44.6%，在江苏省占比 20.1%，在全省排名第一。携程、同程数据显示，南京游客接待人次、消费金额均居江苏省第一。美团 数据显示，南京游客接待人次为江苏省第一、全国第三。途牛、美团、飞猪发布的全国十大热门旅游目 的地城市，南京均榜上有名。(完) 来源：中国新闻网 编辑：王永乐 南京智慧旅游大数据监测平台显示，春节期间，南京景区景点游客量为1058. ...

Core Insights - Wuhan's cultural and tourism market experienced a significant boost during the longest Spring Festival holiday, with A-level tourist attractions receiving 3.8589 million visitors, a year-on-year increase of 17.78% [1] - Data from the Qunar platform indicated a 33.53% increase in visitor arrivals and a 40.53% increase in revenue during the Spring Festival, ranking Wuhan second and third among ten major tourist cities in China [1] - Ctrip reported a 15.5% increase in inbound online bookings and a 72.1% increase in order consumption during the 2026 Spring Festival period [1] Group 1 - CCTV programs highlighted Wuhan's attractions, with 16 mentions during the Spring Festival, showcasing the city's cultural vibrancy [1] - The Garden Expo Park was featured for its beautiful light displays, enhancing the festive atmosphere [3] - The Yellow Crane Tower and East Lake were focal points in various broadcasts, emphasizing the rich cultural experiences available in Wuhan [5] Group 2 - The Mulan Night City was showcased for its stunning night views and traditional festivities, attracting significant attention [7] - The use of technology in traditional performances, such as the "Cyber Lion Dance," was highlighted, indicating a blend of modernity and tradition in Wuhan's celebrations [9] - Various cultural activities, including local markets and performances, were reported, reflecting the lively and diverse celebrations throughout the city [7][9]

Group 1 - On February 24, the first trading day after the Spring Festival, the A-share market experienced a rise, with all three major indices closing higher and over 4,000 stocks increasing in value, including 109 stocks hitting the daily limit [1] - Oil and gas stocks showed strong performance, with companies like Tongyuan Petroleum and Xinjing Power hitting the daily limit, while several others also saw significant gains [1] - The fertilizer and pesticide sector continued to strengthen in the afternoon, with multiple companies, including Liuguo Chemical and Yuntianhua, reaching the daily limit, driven by a rise in domestic urea prices [1] Group 2 - The electric equipment sector saw a strong performance, with multiple stocks hitting the daily limit, and reports indicated that many transformer factories are operating at full capacity, with some orders extending to 2027 [2] - Precious metals experienced a collective rise, with the sector increasing over 4%, and specific stocks like Xiaocheng Technology and Hunan Silver hitting the daily limit [2] - The main silver futures contract saw a significant increase of over 14%, with the price reported at 23,001 yuan per kilogram [3] Group 3 - The cultivated diamond concept stocks surged, with companies like Sifangda and Huanghe Xuanfeng hitting the daily limit, while the fiberglass sector remained active with International Composites achieving a historical high [5] - The software and cultural media sectors faced declines, with several companies, including Light Media and Wanda Film, hitting the daily limit downwards [5] - The Hong Kong stock market opened lower, with the Hang Seng Index dropping 1.81% and major tech stocks experiencing significant declines [5] Group 4 - Large model stocks performed well against the trend, with Zhiyu experiencing a rise of over 12%, and its market value briefly exceeding 300 billion HKD [6]

Core Viewpoint - The article discusses the intense competition among major Chinese tech companies during the Spring Festival, highlighting their efforts to dominate the AI market by keeping employees working through the holiday to launch new products and engage users. Group 1: Company Actions - Major tech companies like Tencent, Alibaba, and ByteDance kept their AI teams working during the Spring Festival, with Tencent's Yuanbao launching a cash giveaway of 1 billion yuan to attract users [7][8][15] - Alibaba's AI team released the new model Qwen3.5-Plus on New Year's Eve, offering low-cost token inputs [9][28] - ByteDance's Doubao engaged users with a lottery during the Spring Festival, showcasing its video generation model Seedance 2.0 and image generation model Seedream5.0 [9][28] Group 2: Market Impact - The AI activities during the Spring Festival led to significant user engagement, with Doubao achieving 1.9 billion AI interactions on New Year's Eve and over 1.3 billion users engaging with Alibaba's app for various services [15][35] - The market saw a surge in valuations, with companies like Zhiyuan AI and MiniMax reaching market caps exceeding 300 billion HKD shortly after the holiday [11][30] Group 3: Industry Trends - The article notes that AI has become a staple during the Spring Festival over the past few years, with major launches and user engagement activities becoming common [11][30] - The competition is expected to intensify as companies aim to integrate AI deeper into everyday life, with a focus on retaining users beyond initial engagement [15][35]

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].

人民日报海外版记者 孔德晨 据了解，商务部会同相关部门、地方举办的2026"乐购新春"春节特别活动，涵盖了"好吃""好 住""好行""好游""好购""好玩"6方面内容，打造全域联动、全民乐享的春节消费盛宴。商务部重点监测 的78个步行街（商圈）客流量、营业额比去年同期均有明显增长。各地商圈焕新升级，将文化年味与沉 浸式体验深度融合。春节前后，各地还推出约3万场次各具特色的文旅活动。真金白银直达消费终端， 让政策红利切实转化为民生福利与市场活力。 以旧换新持续释放消费需求。截至2月19日，2026年消费品以旧换新惠及2888万人次，带动销售额 1980.2亿元。其中，汽车以旧换新61.2万辆，带动新车销售额1005.3亿元。智能产品需求旺盛，商务大 数据显示，假期前三天重点平台智能穿戴设备销售额增长19.7%，其中智能眼镜增长2.5倍，智能血糖仪 增长48.6%。海南离岛免税销售较快增长，假期前四天销售额达9.7亿元，增长15.8%。 文旅消费热度高涨 春节期间，文旅市场迎来高峰，服务消费需求集中释放。 同程旅行2月23日发布的《2026春节假期旅游消费盘点报告》（以下简称《报告》）显示，今年春 节假期，"分段 ...

来源｜中信建投证券 文｜夏凡捷 春节期间全球股市整体强势，无重大风险事件，当前市场情绪仍然高涨，节后A股有望开启新一轮上行。行业配置上继续坚持"科技+资源品"双主线。其 中科技主线以AI、人形机器人、新能源和创新药为核心，资源品主线以贵金属、石油石化、基础化工为核心。重点关注板块包括：半导体、AI（光通 信、液冷、电子布、高端铜箔等）、机械、有色、石油石化、基础化工、电力设备（储能、特高压、光伏、固态电池等）、创新药等。 春节假期全球市场动态 春节假期期间全球主要股指多数上涨，新兴市场与发达市场表现分化，韩国综合指数涨幅居首，欧洲三大股指同步走高，美股温和上涨，而日本、中国香 港等亚太市场表现较弱。主要商品价格多数上涨，伊朗局势推动国际油价持续走强，也同样推动了贵金属和美元指数的上行。工业金属中铜价保持高位震 荡，锌、铅价格相对平稳。 美国最高法院裁决叫停"对等关税"，特朗普随即宣布加征15%"全球进口关税"。特朗普关税的后续影响主要来自未来数月巨大的不确定性，这可能继续导 致美元指数维持阶段性强势，同时推升贵金属价格。不确定性主要包括：关税退款、替代关税如何设计、第二轮会影响哪些行业。 另外，美伊谈判一波三 ...