中国经济网北京2月26日讯 首药控股（688197.SH）今日股价收报36.73元，跌幅2.29%。目前该股 处于破发状态。 首药控股上市发行费用总额为1.10亿元，中信建投证券股份有限公司获得保荐及承销费用9089.57万 元。 (责任编辑：何潇) 首药控股上市发行募集资金总额为14.83亿元，扣除发行费用后，募集资金净额13.74亿元。首药控 股于2022年3月18日披露的招股说明书显示，公司拟募集资金20.00亿元，拟分别用于首药控股创新药研 发项目、首药控股新药研发与产业化基地和补充流动资金。 首药控股于2022年3月23日在上交所科创板上市，发行价格为39.90元/股，公开发行股数为3718.00 万股，占发行后总股本的比例为25.00%，保荐机构（主承销商）为中信建投证券股份有限公司，保荐 代表人为杨慧泽、李彦芝。 ...

南方财经记者翁榕涛广州报道 2月26日，广州天河区召开全区高质量发展大会，围绕"工商并举，两业融合，大区挑大梁"主题，凝聚 全区力量开局即冲刺、全年都加力。 "30年前，中信银行广州分行在天河区诞生，从1家网点发展为辐射全省的百家机构。中信始终与天河区 同频共振、共生共荣。"中信银行广州分行党委书记、行长薛锋庆认为。 据介绍，作为践行国家战略、深耕实体经济的综合性跨国企业集团、部级央企，中信集团总资产已经突 破12万亿元，世界500强位列第62位。 去年，中信银行总行注册资本最大的境内子公司——信银金投亦落户天河。薛锋庆表示，"双总部"格局 彰显了中信集团和中信银行总行对天河区这片热土的战略决心。"十五五"开局之年，天河区更是中信深 耕大湾区的核心支点。 天河区作为广州第一经济大区、全省金融强区，为各类市场主体搭建优质平台、提供坚实支撑，经济总 量位居全国地市辖区第二，金融业增加值占全市比重超五成。天河区全方位为金融机构和企业发展保驾 护航，为中信集团在天河区这片沃土深耕发展注入了强大信心和动力。 薛锋庆表示，"十五五"时期，中信集团依托"金融全牌照+实业广覆盖"的独特优势，将从三个方面助力 天河高质量发展。 ...

Core Viewpoint - The China Petroleum and Chemical Industry Index has shown an upward trend, increasing by 1.22% as of February 26, with leading stocks such as Salt Lake Potash, Bluestar Technology, and Cangge Mining showing significant gains [1] Group 1: Market Performance - The petrochemical ETF (159731) has followed the index's upward movement, achieving three consecutive days of gains and attracting a total of 146 million yuan over the past 12 trading days [1] - Overall, the global stock market has been strong during the Spring Festival, with no major risk events, leading to high market sentiment and the potential for a new upward trend in A-shares post-holiday [1] Group 2: Investment Strategy - The industry allocation continues to focus on a dual mainline strategy of "technology + resource products," with technology focusing on AI, humanoid robots, new energy, and innovative pharmaceuticals, while resource products emphasize precious metals, oil and petrochemicals, and basic chemicals [1] - The petrochemical ETF and its linked funds closely track the China Petroleum and Chemical Industry Index, driven by both basic chemicals and oil and petrochemicals, while also including high dividend and high growth assets [1] Group 3: Key Stocks - Major weighted stocks in the index include Wanhua Chemical (global leader in MDI), China Petroleum (domestic oil and gas leader), China Petrochemical (domestic refining leader), and Salt Lake Potash (domestic potassium fertilizer leader) [1]

东方电气（600875）(01072)涨超5%，月内股价累计涨超四成。截至发稿，涨3.37%，报36.24港元，成 交额8934.77万港元。 东吴证券指出，2025年，公司3台G50出海哈萨克斯坦，整机组的单台价值量预计约3亿元，毛利率有望 超30%，相比传统的合资产品毛利率有大幅的提升。该行认为，随着公司产业链、全球售后运维体系的 进一步完善，有望以AIDC"抢燃机"的契机加快出海步伐，切入欧洲、中东、美国等高端市场，实现燃 机业务的量利双升。 消息面上，中信建投（601066）研究报告分析认为，AIDC建设进入高速增长期，测算2025-2028年美国 AI需求带来的电力容量需求期间CAGR约55%，未来三年累计需求超150GW，带来大量电力需求，配套 设备迎来机遇，而北美目前缺电问题凸显，自建电源成为大趋势，燃气轮机凭借快速响应、高功率适配 性、较低发电成本，高可靠性成为AIDC主电源优先解。 ...

铜：宏观缺乏指引，铜价高位震荡 周三晚沪铜主力震荡收涨于103040元，伦铜运行至约13350美金附近。 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 宏观中性。特朗普国情咨文表态指引性不强，海外隔夜消息面清淡，市场风险偏好改善，美元温和走软提振铜价。 基本面中性偏空。昨日上期所铜仓单增加10717吨至28.7万吨，国内现货贴水承压走跌至-200元左右，LME铜累库6475吨至24.96万吨。 总体来看，国内下游复工与国内政策预期对铜价具备提振，不过海外宏观缺乏指引，同时关税摩擦与地缘扰动仍存，预计短期铜价高位宽幅震荡为主。今日 沪铜主力运行参考10.2万-10.4万元/吨。策略上，日内区间为主，中长线逢低布局远月多单。 重要声明 本报告中的信息均来源于公开可获得资料，中信建投期货力求准确可靠，但对这些信息的准确性及完整性不做任何保证，据此投资，责任自负。本报告不构 成个人投资建议，也没有考虑到个别客户特殊的投资目标、财务状况或需要。客户应考虑本报告中的任何意见或建议是否符合其特定状况。（虞璐 彦/Z0023596，仅供参考） 铝：隔夜氧化铝期货小幅上涨，近期新疆铝厂常规招标万吨现货氧化铝 ...

Group 1: Soda Ash Market - On Wednesday, soda ash futures saw significant gains while spot prices remained stable, indicating improved market sentiment [4][13] - Recent maintenance schedules for soda ash production have been minimal, with production increasing by 18,000 tons to 792,000 tons week-on-week, and expectations for future production are declining, slightly easing supply pressure [4][13] - Downstream demand has slightly decreased, with soda ash plant inventories rising by 10,000 tons to 1,588,000 tons, while the latest delivery warehouse inventory decreased by 15,000 tons to 308,000 tons [4][13] - December soda ash imports rose slightly to 3,500 tons, while exports increased to 232,700 tons [4][13] - The macroeconomic environment shows a decline in domestic real estate sales compared to last year, while foreign macro influences are neutral [4][13] Group 2: Glass Market - Glass futures experienced a slight increase, with spot prices remaining stable to rising, although the supply-demand fundamentals are weak [5][14] - Glass production remained stable week-on-week, but downstream purchasing enthusiasm has decreased, leading to an increase in inventory by 114,000 tons to 2,768,000 tons, which is a year-on-year decrease of 123,000 tons [5][14] - The latest daily melting capacity for glass is 148,595 tons per day, reflecting a year-on-year decrease of approximately 5.1% [5][14] - The construction area of residential buildings in China from January to December has decreased by 18.1% year-on-year, indicating a worsening trend [5][14] Group 3: Polyolefins Market - As of February 25, the LLDPE main contract closed down by 43 yuan/ton to 6,777 yuan/ton, while the PP main contract fell by 26 yuan/ton to 6,720 yuan/ton [5][14] - Geopolitical factors have led to a significant rise in crude oil prices, providing cost support for polyolefins, although overall supply remains high [5][14] - There are expectations of inventory accumulation post-holiday, which may suppress the price elasticity of polyolefins relative to crude oil, leading to overall market fluctuations [5][14] Group 4: Caustic Soda Market - As of February 25, the SH2605 contract rose by 14 yuan/ton to 2,167 yuan/ton, with mainstream transaction prices for 32% ion membrane caustic soda in Shandong ranging from 600 to 715 yuan/ton, reflecting a 5 yuan/ton increase from the previous working day [16] - Some chlor-alkali enterprises are operating below capacity, and while inventory pressures are manageable, profitability remains poor, leading to price stability for liquid caustic soda [16] - Liquid chlorine prices are still low, and expectations for further increases in chlor-alkali production are limited due to low valuations [16] Group 5: PVC Market - As of February 25, the PVC main contract rose by 15 yuan/ton to 4,963 yuan/ton, with varying basis changes across different regions [18] - The market has seen a significant increase in export orders, which may continue until mid-March, indicating a positive outlook for the first quarter [18] - However, high inventory levels remain a concern, and the market is expected to return to a fluctuating trend as it awaits further improvements in the fundamentals [18]

Group 1 - The core viewpoint is that Citic Securities is optimistic about the surgical robot sector, noting significant recent gains in related Hong Kong stocks due to positive catalysts from recent bidding announcements [1] - The company suggests continued attention to investment opportunities in the surgical robot sector, indicating a favorable outlook for its future [1] - In the A-share market, certain stocks in the brain-computer interface sector experienced substantial increases before the Spring Festival, highlighting potential investment themes in AI healthcare and brain-computer interfaces [1]

安徽希磁科技股份有限公司(简称：希磁科技)于2025年8月26日所递交的港股招股书满6个月，于2026年2月26日失效，递表时中信建投（601066）国际、广 发证券(香港)为联席保荐人。 据此前招股书提到，希磁科技是全球领先的磁性传感器行业IDM公司。公司是全球少数拥有完整磁传感技术组合及跨整个行业价值链全面垂直整合的公司之 一。根据弗若斯特沙利文的资料，以2024年收入计，公司在全球磁性传感器IDM公司中排名第六，且以2024年收入计，公司在全球磁性传感器行业的中国公 司中排名第一。公司于2024年已向欧洲及亚洲各行业的领先客户交付约100百万枚运动传感器芯片(包括晶圆上的裸晶、单个芯片及模块)。 ...

本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 重要内容提示： ● 担保对象及基本情况 ■ 注1:本公告所述"担保金额""担保余额"及"担保总额"在计算时仅包含固定利率票据的本金及利息以及浮 动利率票据的本金；浮动利率票据利息需根据实际情况确定。本公告所载金额涉及汇率的，均按照2026 年1月31日汇率折算。 ● 累计担保情况 ■ 本次票据发行的本金金额为人民币8.00亿元，用于补充境外业务营运资金。被担保人是公司全资子公司 中信建投国际之间接全资附属公司。被担保人的资产负债率超过70%，但公司通过中信建投国际间接持 有其100%股权，能够及时掌握其偿债能力，担保风险可控，不会损害公司及股东利益。 （一）担保的基本情况 中信建投证券股份有限公司（以下简称公司）全资子公司中信建投（国际）金融控股有限公司（以下简 称中信建投国际或担保人）之间接全资附属公司CSCIF Hong Kong Limited（以下简称发行人或被担保 人）作为发行主体，于2024年4月26日设立有担保的本金总额最高为40亿美元（或以其它货币计算的等 值金额 ...

具体来看，华泰证券的"涨乐财富通"和国泰海通的"国泰海通君弘"保持行业领跑地位，1月份月活分别为1281.5万、1100.99 万，环比分别增长5.73%、5.85%。 本报记者 于宏 随着市场趋势向好，证券类App的用户活跃程度水涨船高。易观千帆数据显示，1月份，证券类App月活跃用户数（以下简 称"月活"）达1.84亿，同比增长13.86%，环比增长5.11%。 多家券商增速亮眼 同时，多家综合实力较强的大型券商旗下App也展现出强劲活力。1月份，平安证券App"平安证券"月活为937.28万，环比 增长5.56%；招商证券App"招商证券"、中信证券App"中信证券信e投"、国泰海通App"国泰海通通财"、中信建投证券App"蜻蜓 点金"月活均超700万，环比增幅均在4%以上。同期，广发证券App"广发易淘金"月活规模环比增长5.53%，达736.42万，跻身月 活700万以上阵营。 从环比增速来看，1月份，月活环比增速居首的券商App是国信证券的"国信金太阳"，月活规模达442.1万，环比增长 7.94%；紧随其后的是国投证券App"国投证券"，月活规模达368.64万，环比增长7.08%。 "展望未 ...