格隆汇1月22日丨龙旗科技(603341.SH)公布，经香港联交所批准，公司本次发行的52,259,100股H股股票 （行使超额配售权之前）于2026年1月22日在香港联交所主板挂牌并上市交易。公司H股股票中文简称 为"龙旗科技"，英文简称为"LONGCHEER"，股份代号为"9611"。 ...

Market Overview - The Hong Kong stock market showed mixed performance, with the Hang Seng Index rising by 0.17% to close at 26,629.96 points, while the Hang Seng China Enterprises Index fell by 0.09% to 9,114.3 points, and the Hang Seng Tech Index increased by 0.28% to 5,762.44 points. The total trading volume was HKD 234.86 billion [1] Blue Chip Performance - Pop Mart (09992) led the blue-chip stocks, rising by 5.97% to HKD 206, contributing 13.8 points to the Hang Seng Index. The company has been in the spotlight due to its new product launch and share buybacks totaling nearly HKD 350 million [2] - Other notable blue-chip performers included Wharf Real Estate (01997) up 4.81%, Li Auto-W (02015) up 4.13%, while China Life (02628) fell by 3.82%, dragging the index down by 15.13 points [2] Sector Highlights - Large tech stocks had mixed results, with Baidu rising over 4% and Alibaba nearly 1%, while Tencent fell by 0.83%. The construction and cement sectors performed well, with China Liansu up over 8% and China National Building Material up nearly 7% [3] - Oil and gas stocks were active, with Shanghai Petrochemical (00338) up 3.45% and Sinopec (00386) up 3.41%. The International Energy Agency (IEA) raised its global oil demand growth forecast for 2026 to 930,000 barrels per day, up from a previous estimate of 860,000 barrels per day [3][4] Commercial Aerospace - The commercial aerospace sector saw renewed interest, with JunDa Co. (02865) rising nearly 16% and other related companies also showing significant gains. Reports indicate that Elon Musk is pushing for a SpaceX IPO, which could further stimulate the sector [4] Real Estate Sector - Hong Kong real estate stocks showed positive performance, with Wharf Real Estate (01997) and Sun Hung Kai Properties (00016) both rising significantly. Analysts predict a continued upward trend in property prices, although the growth rate may moderate due to resilient mortgage rates [5][6] Gold Stocks - Gold stocks experienced a decline, with Lingbao Gold (03330) down 3.16% and Zijin Mining (02899) down 2.3%. This drop is attributed to easing risk aversion, leading to a decrease in gold prices from historical highs [6] Notable Stock Movements - Minth Group (00425) saw a significant increase of 13.94% following a positive report from Citigroup, which initiated a 90-day upward catalyst observation [7] - ASMPT (00522) continued its upward trend, rising 6.29% as it evaluates options for its surface mount technology business [8] - Baidu (09888) was active, rising 4.1% after the release of its new AI model, which supports various forms of information processing [9] - Longqi Technology (09611) debuted with a 3.55% increase, raising approximately HKD 1.52 billion from its IPO [10] - Nanshan Aluminum (02610) faced a decline of 6.89% after announcing a share placement at a discount to its previous closing price [11]

泡泡玛特(09992)领涨蓝筹。截至收盘，涨5.97%，报206港元，成交额44.44亿港元，贡献恒指13.8点。 今日下午新华社官方微博宣布，节目《扬声》将于本周五播出，由新华社记者张扬对话泡泡码特创办人 王宁。此外，泡泡玛特近期推出的"PUCKY敲敲系列"毛绒挂件盲盒，因内置电子木鱼功能成为热议焦 点。值得一提的是，泡泡玛特近日连续回购股份， 累计金额近3.5亿港元。 智通财经APP获悉，港股三大指数走势不一，恒指及恒科指数尾盘成功转涨。截止收盘，恒生指数涨 0.17%或44.9点，报26629.96点，全日成交额为2348.6亿港元；恒生国企指数跌0.09%，报9114.3点；恒 生科技指数涨0.28%，报5762.44点。 兴业证券认为，港股有望继续震荡向上。该行指出，岁末的资金阶段性收紧效应过去，内资继续流入； 如果海外形势带来扰动反而是机会。一旦特朗普"TACO"，反而可能通过弱美元与资金再配置，对港股 形成边际支撑。此外，政策和产业层面也存在催化。 蓝筹股表现 其他蓝筹股方面，九龙仓置业(01997)涨4.81%，报26.6港元，贡献恒指3.32点；理想汽车-W(02015)涨 4.13%，报6 ...

Core Viewpoint - Longqi Technology Co., Ltd. (龙旗科技) successfully listed on the Hong Kong Stock Exchange, closing at HKD 32.10 with a gain of 3.55% on the first trading day [1] Group 1: IPO Details - The total number of shares offered globally was 52,259,100 H-shares, with 5,226,000 shares allocated for the Hong Kong offering and 47,033,100 shares for international offering [1] - The final offer price was set at HKD 31.00, raising a total of HKD 1,620.0 million, with net proceeds amounting to HKD 1,519.9 million after deducting estimated listing expenses of HKD 100.1 million [6][7] Group 2: Use of Proceeds - The net proceeds from the global offering will be used to expand the company's overall production capacity both domestically and internationally, support ongoing R&D efforts, enhance marketing and customer development, and fund strategic investments or acquisitions globally, along with general corporate purposes [7] Group 3: Key Investors - Notable cornerstone investors include Qualcomm Ventures LLC, Jiangxi Guokong Private Equity Fund Management, Veer Semiconductor Hong Kong Limited, Hong Kong Yutong Printing Co., Ltd., Qingdao Guanlan, and Guotai Junan Securities Investment (Hong Kong) Co., Ltd. [5] Group 4: Future Plans - Longqi Technology plans to list on the Shanghai Stock Exchange on March 1, 2024, with an issuance of 60 million shares at a price of RMB 26.00 per share, representing 12.90% of the post-issue total share capital [7]

企业新闻 上海电气(02727.HK)：预计2025年净利润为人民币11.0亿元至人民币13.2亿元，同比增加约为47%至 76%。 1月22日，港股股指早盘高开低走，全天维持低位窄幅震荡走势，截止收盘，恒生指数涨0.17%报 26629.96点，恒生科技指数涨0.28%报5762.44点，国企指数跌0.09%报9114.3点，红筹指数涨0.48%报 4223.84点。 盘面上，大型科技股走势分化，阿里巴巴涨0.98%，腾讯控股跌0.83%，京东集团涨0.98%，小米集团跌 0.51%，网易涨0.48%，美团跌0.31%，快手涨0.38%，哔哩哔哩涨3.3%；消费概念股泡泡玛特涨近6%； 百度集团今日发布文心大模型5.0正式版收盘涨超4%；黄金股多数调整，珠峰黄金跌超4%，灵宝黄金、 招金矿业跌超3%；半导体概念股兆易创新跌超8%；军工股走强，中船防务涨超3%；互联网医疗跌幅居 前，京东健康跌超2%；龙旗科技上市首日涨超3%。 金蝶国际(00268.HK)：预计2025年总收入约人民币69.5-70.5亿元之间，同比增长约11.1%至12.7%；净利 润人民币6000万元至约1亿元之间。 公告称，主要得益于集 ...

Group 1 - The Hang Seng Index fell by 0.1%, down 26 points, closing at 26,559 points, while the Hang Seng Tech Index decreased by 0.4% [1] - Baidu Group-SW (09888) rose by 4%, leading blue-chip stocks, as it officially launched the Wenxin large model version 5.0 [2] - Tianzu Zhixin (09903) surged over 14%, reaching a new high since its listing, and is set to release a roadmap for its next three generations of GPGPU products on January 26 [2] Group 2 - Minth Group (00425) increased by over 10%, benefiting from the growth of electric vehicles in Europe and actively entering the humanoid robot and liquid cooling sectors [3] - Junda Co., Ltd. (002865) (02865) rose over 14%, planning to raise funds through a placement at a discount of approximately 1.08% for the development of space photovoltaic battery products [3] - In A-shares, stocks hit the daily limit [3] Group 3 - Kintor Pharmaceutical (03696) increased by over 5%, achieving a new peak as its AI-enabled drug development capabilities for tumors received further recognition [3] - Kintao Group saw early gains, with Kintao Laminated Board (01888) rising over 2%, as Goldman Sachs remains optimistic about China's PCB and CCL industries [4] Group 4 - Pacific Basin Shipping (02343) rose over 7%, reaching a new high as the BDI index climbed to a two-week high [5] - China Shipbuilding Industry Corporation (600685) (00317) increased by over 3%, with its 2025 performance forecast meeting market expectations, and it is expected to benefit from the integration of shipbuilding assets [5] Group 5 - CNOOC Services (601808) (02883) rose over 4%, converting $746 million in debt to equity to enhance its oil and gas business in Norway [6] Group 6 - Kingsray Biotech (01548) fell over 6%, as its joint venture Legend Biotech saw its stock price drop by more than 11% overnight [7] - Nanshan Aluminum (600219) International (02610) dropped over 8%, conducting a placement at a 6.4% discount, raising a net of HKD 1.99 billion [8] - Market risk aversion decreased, leading to a pullback in precious metal prices, with gold stocks experiencing significant declines, including Chifeng Jilong Gold Mining (600988) (06693) down 3.73% and Lingbao Gold (03330) down 3.4% [8] Group 7 - New stock Longqi Technology (603341) (09611) debuted, closing at HKD 32.2, up 4.84% on its first trading day [9]

Group 1 - The Hang Seng Index fell by 0.1%, down 26 points, closing at 26,559 points, while the Hang Seng Tech Index decreased by 0.4% [1] - Baidu Group (09888) led blue-chip stocks with a 4% increase following the official release of its Wenxin large model version 5.0 [1] - Tianzuo Zhixin (09903) surged over 14%, reaching a new high since its listing, with plans to release a roadmap for its next three generations of GPGPU products on January 26 [1] - Minshi Group (00425) rose over 10%, benefiting from the increase in European electric vehicle production and actively entering humanoid robots and liquid cooling sectors [1] - Junda Co., Ltd. (02865) increased by over 14%, planning to raise funds through a share placement for the development of space photovoltaic battery products [1] - Yingshi Intelligent (03696) rose over 5%, achieving a new peak as its AI-enabled tumor drug development capabilities received further recognition [1] Group 2 - Jiantao Group's stock (01888) rose over 2%, with Goldman Sachs optimistic about the Chinese PCB and CCL industries [2] - Pacific Shipping (02343) increased by over 7%, reaching a new high as the BDI index climbed to a two-week high [3] - China Shipbuilding Defense (00317) rose over 3%, with its 2025 performance forecast meeting market expectations, likely benefiting from the integration of shipbuilding assets [4] - CNOOC Services (02883) increased by over 4%, converting $746 million in debt to equity to enhance its oil and gas business in Norway [5] - Kingsray Biotechnology (01548) fell over 6%, following a significant drop of over 11% in its joint venture Legend Biotech's stock price [6] - Nanshan Aluminum International (02610) dropped over 8% due to a 6.4% discount on a rights issue, raising net proceeds of HKD 1.99 billion [7] - New stock Longqi Technology (09611) debuted with a price of HKD 32.5, up 4.84% on its first day of trading [8]

Market Overview - The Hong Kong stock market indices opened high but closed lower, with the Hang Seng Index down 0.1% at 26,559.01 points, the Hang Seng Tech Index down 0.4%, and the National Enterprises Index down 0.34% [1][9][10] - Technology stocks showed mixed performance, with Baidu up over 4% and Bilibili up over 1%, while Xiaomi and NetEase fell over 1% [1][9] Oil Sector - Oil stocks strengthened, with PetroChina rising over 3% [1][9] - The International Energy Agency (IEA) raised its global oil demand growth forecast for this year to 930,000 barrels per day, up from a previous estimate of 860,000 barrels per day, citing improved global economic outlook and lower oil prices [2][10] - Despite the positive demand outlook, the IEA warned of potential oversupply that could offset geopolitical risks [2][10] Gold Sector - Gold stocks experienced a general decline, with Zhenfeng Gold dropping over 6% [1][5] - The international gold market faced a pullback, with gold prices falling below $4,800 per ounce [5][13] - Goldman Sachs raised its gold price forecast for December 2026 to $5,400 per ounce, driven by increased buying from central banks and exchange-traded funds [5][13] Lithium Battery Sector - Lithium battery stocks faced significant declines, with CATL falling over 4% [1][9] - A report from Citi highlighted several headwinds for CATL, including slowing electric vehicle sales in China, rising lithium prices, and cuts to export tax rebates [6][14] - Despite these challenges, Citi projected a compound annual growth rate of 31% for CATL's earnings per share from 2025 to 2027, suggesting attractive risk-reward potential [6][14] New Listings - Longqi Technology saw a strong debut, rising over 4% on its first trading day, with its public offering oversubscribed by approximately 1,149.76 times [1][9][15] - The final offer price was set at the upper limit of the range, between HKD 27.3 and HKD 31.2 [15][16]

2026.01. 22 本文字数：1334，阅读时长大约2分钟 作者 | 一财阿驴 11:31 A股午盘丨创业板指半日跌0.4% 截至午盘，沪指跌0.15%，深成指跌0.17%，创业板指跌0.4%。科创综指跌0.34%。 | 3337 | 399006[创业板指] 3282.48 -0.40% | 1.27% | 现价 | 3282.48 | | --- | --- | --- | --- | --- | | | | | 涨幅 | -0.40% (-13.05) | | 3323 | W Jr W | 0.84% | 金额 | 4384.64亿 | | | | | 成交量 | 153.33亿 | | 3309 | | 0.42% | 开盘 | 3312.75 | | 3296 | | 0.00% | 最高 | 3337.27 | | | | | 最低 | 3280.32 | | 3282 | | 0.42% | 市密率 | 42.1 | | | | | 市净率 | 5.6647 | | 3268 | | 0.84% | 令生 | 2.48% | | | | | 52周高 | 3416.84 | | 3254 ...

Core Viewpoint - Longqi Technology, a leading global smartphone ODM, has successfully listed on the Hong Kong Stock Exchange, marking its position as the "first stock of consumer electronics ODM" in Hong Kong, with an opening price of HKD 35 per share, approximately 12.9% higher than the issue price [1][4][7]. Group 1: Company Overview - Longqi Technology holds a one-third share of the global smartphone ODM market, serving major brands such as Xiaomi, Samsung, Lenovo, Honor, OPPO, and vivo [3][22]. - The company has established a comprehensive solution matrix covering product design, hardware innovation, software platform development, lean manufacturing, supply chain integration, and quality control [11]. - Longqi's product offerings include smartphones, AI PCs, automotive electronics, tablets, smartwatches, and smart glasses, structured under a "1+2+X" framework aimed at expanding production capacity and enhancing R&D [11][12]. Group 2: Financial Performance - Longqi's revenue from 2022 to 2024 was CNY 293.4 billion, CNY 271.9 billion, and CNY 463.8 billion, with a decline of 10.3% in the first nine months of 2025 [27][28]. - The company's main revenue source is smartphones, contributing 82.7%, 80.3%, 77.9%, and 69.3% of total revenue from 2022 to 2025 [32]. - The gross profit margins from 2022 to 2024 were 8.1%, 9.5%, and 5.8%, with a recovery to 8.3% in the first nine months of 2025 due to strategic adjustments and improved project quality [36][38]. Group 3: Market Position and Client Base - Longqi is the largest smartphone ODM globally, with a market share of 32.6%, and ranks second in the consumer electronics ODM sector with a 22.4% market share [24][26]. - The company has established long-term partnerships with eight of the top ten smartphone brands, with an average collaboration duration of over five years [15][16]. - Xiaomi is Longqi's largest client, contributing significant revenue across multiple years, accounting for 45.5%, 42.4%, 37.2%, and 28.6% of total revenue from 2022 to 2025 [34][35]. Group 4: R&D and Future Prospects - Longqi has a dedicated R&D team of approximately 5,200 professionals, with R&D expenditures of CNY 15 billion, CNY 16.9 billion, CNY 20.8 billion, and CNY 19.5 billion from 2022 to 2025 [41]. - The company is actively expanding into AI and smart manufacturing, with significant progress in AIoT and new product launches, including smart glasses and AI PCs [21][19]. - Longqi's cash and cash equivalents reached CNY 6.85 billion by the end of the third quarter of 2025, indicating a strong liquidity position [42].