记者丨金珊 编辑丨刘雪莹 2月13日，日韩股市低开。截至发稿，日经225指数跌幅继续扩大，跌超1.6%，报56686.95点；韩国KOSPI指数一度拉升翻红，随后再次短线 跳水，跌0.48%，报5496点。值得一提的是，昨日 日韩股市盘中均创历史新高。 叠加 0.66% 5558.82 0.00% 5485.72 -0.66% 当前为延时行情 获取实时行情 12:15 15:30 10:30 13:45 9:00 热门个股方面，目股软银集团跌7%，消息面上，软银2025年第三财季净利润不及市场预期。此外， 目立跌超5％，索尼跌超1%。 韩股三星电子、SK海力士开盘双双冲高，三星电子涨近2%， SK海力士由涨转跌近0.8%。 （声明：文章内容仅供参考，不构成投资建议。投资者据此操作，风险自担。) 出品│21财经客户端 21世纪经济报道 金银深夜闪崩，黄金一度跌破4900美元 万亿巨头疑似售假，消费者直呼塌房 影石年会送员工5套房，还有豪车和定制金钞 02-13 09:48:10 延时行情 | 0 5496.01 昨收 5522.27 成交额 | | --- | | -26.26 -0.48% - 今开 - 55 ...

Group 1 - The Trump administration has officially rescinded the 2009 "greenhouse gas endangerment finding" by the Environmental Protection Agency, which is expected to save $1.3 trillion in regulatory costs and help lower car prices [1] - The U.S. House of Representatives passed a resolution to terminate punitive tariffs on Canadian goods, while the Senate blocked a funding bill for the Department of Homeland Security, risking a potential government shutdown [2] - U.S. Treasury Secretary agreed to transfer the investigation authority over Federal Reserve Chairman Powell from the Justice Department to the Senate Banking Committee, aiming to facilitate the nomination of a new Fed chair [2] Group 2 - The Reserve Bank of Australia Chairman warned that an inflation rate above 3% is unacceptable and indicated readiness to raise interest rates again if inflation remains stubborn [3] - The UK economy is projected to grow by 1.3% in 2025, with a quarterly GDP growth of only 0.1% in Q4 2025, which is below expectations [3] - The Turkish central bank will maintain a tight monetary policy to ensure inflation decreases, with expectations for inflation to fall between 15% and 21% by the end of 2026 [3] Group 3 - U.S. stock indices closed lower, with the Dow Jones down 1.34% to 49,451.98 points, the S&P 500 down 1.57% to 6,832.76 points, and the Nasdaq down 2.03% to 22,597.15 points [4] - International precious metal futures saw significant declines, with COMEX gold futures down 3.08% to $4,941.4 per ounce and COMEX silver futures down 10.62% to $75.01 per ounce [5] - U.S. oil futures fell by 2.66% to $62.91 per barrel, while Brent oil futures dropped by 2.61% to $67.59 per barrel [5]

Core Viewpoint - The article highlights significant developments in the AI and technology sectors, including price adjustments by companies, substantial funding rounds, and new product launches that indicate a strong growth trajectory in the industry. Group 1: AI and Technology Developments - Zhiyu announced a structural price adjustment for its GLM Coding Plan, with an overall price increase starting from 30%, effective February 12, 2026, while maintaining prices for existing subscribers [2] - Anthropic completed a Series G funding round of $30 billion, achieving a post-money valuation of $380 billion, with annual revenue reaching $14 billion [2] - OpenAI launched its first AI model, GPT-5.3-Codex-Spark, running on Cerebras Systems chips to reduce dependency on Nvidia chips and lower operational costs [2] Group 2: Financial Performance and Investments - SoftBank Group reported a net profit of 248.59 billion JPY (approximately $1.6 billion) for Q3, significantly below market expectations, with a notable gain of $19.8 billion from its investment in OpenAI [3] - Xiechuang Data plans to procure servers worth up to 11 billion CNY to support its expansion in data centers and related businesses [3] Group 3: Company News in Greater China - MiniMax launched its flagship programming model MiniMax M2.5, designed for agent scenarios, competing with top international models [5] - Meitu announced a stock incentive plan for all employees to promote long-term growth [6] - Huahong Semiconductor achieved a record sales revenue of $659.9 million in Q4 2025, a year-on-year increase of 22.4% [7] Group 4: Company News in the Americas - Microsoft signed a memorandum of understanding with Saudi Aramco to advance industrial AI and digital talent transformation [9] - Meta announced a quarterly cash dividend and plans to invest over $10 billion in a large-scale AI data center in Indiana [9] - Amazon faced a tax investigation in Italy regarding potential tax evasion from 2019 to 2024 [10] Group 5: Company News in Asia-Pacific - Kioxia reported a net profit of 87.81 billion JPY for Q3, below market expectations, while projecting annual net sales between 2.18 trillion JPY and 2.27 trillion JPY [13] - Toyota is extending the acquisition period for a public offer to improve success rates and is collaborating with a Japanese oil giant to build a solid-state electrolyte factory [13] Group 6: Company News in Europe and Oceania - Mercedes-Benz adjusted its EBIT forecast for 2025 to €8.2 billion, a 40% decline year-on-year, with plans to launch over 15 new models in China by 2026 [16] - Nestlé is recalling specific batches of infant formula in China due to contamination concerns, with no confirmed cases of illness reported [18]

Core Viewpoint - SoftBank's Japanese payment application PayPay has officially submitted an IPO application in the United States, indicating a significant step towards expanding its market presence and capitalizing on growth opportunities in the financial technology sector [1] Financial Performance - For the nine months ending December 31 of the previous year, PayPay reported a profit of 103.3 billion yen and revenue of 278.5 billion yen, showcasing its financial viability and growth potential in the competitive payment services market [1]

每经记者｜黄胜 每经编辑｜金冥羽 软银集团股价下跌0.6%；日本软银集团周四公布，2025年10月—12月季度实现净利润2486亿日元（约合16.2亿美元）。 这一业绩较上年同期净亏损3690 亿日元实现大幅扭亏。 昨夜美股三大指数集体收跌，道指跌1.34%，纳指跌2.03%，标普500指数跌1.57%。科技板块普跌。 记者|黄胜 编辑|金冥羽 杜波 校对|许绍航 2月13日，日韩股市低开。截至发稿，日经225指数跌0.44%，报57386.88点；韩国KOSPI指数直线拉升，涨0.25%，报5535.82点。 （免责声明：本文内容与数据仅供参考，不构成投资建议，使用前请核实。据此操作，风险自担。） ...

Group 1 - In 2025, a total of 6.763 million marriage registrations were recorded in China, an increase of 657,000 compared to the previous year, representing a growth of 10.76% [3][4] - The new marriage registration regulations effective from May 10, 2025, will eliminate regional restrictions and allow nationwide processing of marriage certificates [3][4] - The increase in marriage registrations is particularly notable in cities with high influxes of migrant populations [3] Group 2 - Elon Musk was ranked as the greatest innovator in the Forbes "Innovators 250" list, with Nvidia CEO Jensen Huang placed fifth [4] - The top ten innovators include notable figures such as Jeff Bezos, Bill Gates, and George Lucas [4] - The U.S. stock market saw a collective decline, with major tech stocks like Apple dropping by 5% [4] Group 3 - The CEO of Insta360, Liu Jingkang, announced the distribution of five apartments and several luxury cars as incentives during the company's annual meeting [2][3] - The total value of the cars given away exceeded 10 million yuan, highlighting the importance of material incentives for employee motivation [2] Group 4 - The Chinese market for high-end talent is increasingly influenced by both intrinsic motivations like achievement and extrinsic incentives such as material rewards [2] - The introduction of a "low-quality seat" reminder by the 12306 ticketing platform has sparked discussions among consumers regarding the quality of available seating options [2] Group 5 - Samsung Electronics has begun mass production of HBM4 memory and is actively expanding its production capacity, anticipating a threefold increase in sales compared to 2025 [7] - Nuveen is set to acquire Schroders for £9.9 billion, marking the end of the latter's 200-year independence [7] Group 6 - LV, Dior, and Tiffany were fined over 36 billion KRW in South Korea due to poor management of customer information leading to data leaks [12] - The fines were imposed by the Personal Information Protection Commission, with LV facing the largest penalty of 21.385 billion KRW [12] Group 7 - SoftBank Group reported a net profit increase to 3.1726 trillion yen for the period from April to December 2025, marking a fivefold increase compared to the previous year [20] - Hermes announced a revenue of 16 billion euros for 2025, reflecting a 5.5% year-on-year growth [20] - Siemens reported a net profit of 2.222 billion euros for the first quarter of 2026, a decrease of 43% year-on-year [20]

Group 1 - The U.S. Attorney General Pam Bondi expressed regret for the pain suffered by victims of the Epstein case but did not apologize for the improper disclosure of information related to the case during a congressional hearing, leading to a heated exchange with Democratic Representative Pramila Jayapal [3] - The U.S. Department of Justice faced criticism for failing to redact personal information of victims, including explicit images, during the public release of Epstein case documents [3] - In 2025, the number of marriage registrations in China reached 6.763 million, an increase of 657,000 compared to the previous year, marking a growth of 10.76% [5] Group 2 - Elon Musk was named the greatest innovator in the U.S. by Forbes, with Nvidia CEO Jensen Huang ranking fifth on the "Innovators 250" list [6][7] - The U.S. stock market saw a collective decline, with major indices falling; Apple shares dropped by 5% [8] - The Chinese Ministry of Civil Affairs reported a significant increase in marriage registrations due to the implementation of new regulations allowing nationwide processing of marriage licenses [5] Group 3 - Samsung Electronics announced the commencement of mass production of HBM4 memory, expecting sales to triple compared to 2025 [10] - Mercedes-Benz Group reported a revenue of €132.2 billion for 2025, a 9% decrease year-on-year, with adjusted EBIT down by 40% [23] - Siemens reported a net profit of €2.222 billion for the first quarter of fiscal year 2026, a 43% decline compared to the previous year [24]

Market Overview - The US CPI data release has heightened fears regarding AI's potential to disrupt various industries, leading to significant declines in US stocks, commodities, and cryptocurrencies, with funds flowing into US Treasuries. The S&P 500 fell by 1.6%, and the Nasdaq dropped over 2% [2] - Cisco's weak guidance resulted in a 12% plunge in its stock, while Apple led the tech giants with a 5% drop. Software ETF declined by 2.7%, and the Russell 3000 trucking index saw a mid-session drop of 9% [2][22] - Gold prices fell over 3%, dropping below $5,000, and silver plummeted by 11%. Oil prices also decreased by 3%, with Brent crude dipping below $67 [3] Key Developments in China - The Ministry of Commerce of China responded to EU tax exemptions on SUVs and dairy products, indicating that EU subsidies have harmed Chinese industries. A final ruling on anti-subsidy measures will be implemented starting February 13, 2026 [4][18] - New regulations in China's automotive industry state that selling vehicles below production costs poses significant legal risks, aiming to curb price undercutting practices [18] Semiconductor and AI Sector - Huahong Semiconductor reported record sales in Q4, achieving profitability for the first time, with Q1 sales expected to be between $650 million and $660 million. The company benefited from high demand in the Chinese market and consumer electronics [6][20] - The AI sector saw significant activity, with Zhiyuan's GLM-5 model achieving a 40% increase in stock price, and the model's coding plan sold out immediately. This reflects a shift from price competition to a focus on programming and intelligent agents [19] International Developments - The US Treasury Secretary agreed to transfer the investigation of Powell to the Senate Banking Committee, aiming to ease political tensions [21] - A $550 billion investment fund between the US and Japan will focus on data centers, oil terminals, and synthetic diamonds, with projects expected to start within 45 working days once confirmed [21] AI and Technology Advancements - Google's Gemini 3 model achieved significant upgrades, scoring high on various benchmarks, indicating its potential for research and engineering applications [22] - OpenAI released a new model supported by Cerebras chips, marking a significant development in real-time coding capabilities [23] - Anthropic secured $30 billion in funding, raising its valuation to $380 billion, enhancing its competitive position against OpenAI [23] Market Performance Summary - The S&P 500 closed down 1.57% at 6832.76 points, while the Nasdaq fell 2.04% to 22597.148 points. In contrast, the A-share market showed slight gains, with the Shanghai Composite Index up 0.05% [13]

Group 1: Cisco and AI Impact - Cisco is experiencing margin compression despite a strong sales outlook, with a noted 200 basis point erosion in margins [2][4][15] - The company is a leading global provider of equipment for corporate and data centers, playing a significant role in powering AI workloads [3][15] - Investors are questioning the implications of heavy infrastructure buildout and the potential for stronger productivity and margins over time [5][6] Group 2: Apple and Siri Challenges - Apple is facing delays in the rollout of new Siri features, originally planned for launch in June 2024, with some capabilities now pushed to September [17][18] - Despite these setbacks, iPhone sales remain strong, with $84 billion in sales reported, although manufacturing challenges could have impacted higher sales [19] - The competitive landscape is shifting, with companies like OpenAI and Google potentially advancing faster in AI capabilities [20] Group 3: Wealth Management and AI Disruption - The introduction of a new AI tax planning tool by Altruist has led to significant declines in wealth management stocks, with market capitalization potentially wiped out in the tens of billions [28][29] - Altruist aims to enhance wealth management accessibility and efficiency, reducing the time required for tasks that previously took multiple people hours to complete [31][32] - The market reaction indicates a strong sentiment against traditional wealth management firms, as AI tools are seen as equalizers in the industry [30][31] Group 4: Cryptocurrency Market Trends - Bitcoin has seen a continuous decline, impacting trading volumes and revenues for exchanges like Coinbase, which are heavily reliant on transaction fees [85][86] - The overall sentiment in the crypto market is bearish, with expectations of lower revenues due to decreased trading activity [88] - Coinbase is attempting to diversify its revenue streams, including launching prediction markets, but these initiatives are still in early stages [89]

Core Viewpoint - DigitalBridge Group, Inc. will release its financial results for Q4 and the full year ending December 31, 2025, on February 25, 2026, after market close, amid a proposed transaction with SoftBank Group Corp. [1] Financial Results Announcement - The financial results will cover the fourth quarter and the full year ending December 31, 2025 [1] - The announcement is scheduled for February 25, 2026, after market close [1] Conference Call and Guidance - DigitalBridge will not host a conference call or provide detailed financial guidance during the acquisition process with SoftBank Group Corp. [1]