证券日报网讯 2月26日，光大证券在互动平台回答投资者提问时表示，二级市场股价受多种因素影响， 经济形势、行业趋势、股指波动、资金面偏好、公司经营情况、投资者偏好等因素都会影响股价走势。 公司合法合规地开展市值管理，将综合运用经营提升、现金分红、投资者关系管理、信息披露等方式提 升公司投资价值。公司始终加强与市场分析师、投资者的密切沟通交流，进一步提升资本市场对公司投 资价值的发现和认可，使公司股价更合理地体现公司价值。公司一如既往地承担央企责任，践行国家战 略，在促进公司稳定健康发展中提升业绩和股东回报水平，持续为客户创造价值。 （编辑 袁冠琳） ...

Core Viewpoint - The Shanghai Stock Exchange has approved Everbright Securities Co., Ltd. to provide primary market-making services for the Ping An CSI 500 Exchange-Traded Fund (ETF) starting from February 27, 2026, to enhance market liquidity and stability [1] Group 1 - The Ping An CSI 500 ETF is identified by the fund code 510590 [1] - The approval is in accordance with the Shanghai Stock Exchange's self-regulatory rules regarding market-making for listed funds [1] - The announcement was made on February 26, 2026, by the Shanghai Stock Exchange [1]

上证公告（基金）【2026】396号 为促进平安沪深300交易型开放式指数证券投资基金（以下简称平安300，基金代码:510390）的市 场流动性和平稳运行，根据《上海证券交易所基金自律监管规则适用指引第2号——上市基金做市业 务》等相关规定，本所同意光大证券股份有限公司自2026年02月27日起为平安300提供主做市服务。 特此公告。 上海证券交易所 2026年02月26日 ...

Core Insights - The tourism market during the 2026 Spring Festival is expected to maintain high prosperity, characterized by simultaneous increases in volume and price, along with structural optimization [2][8] - AI technology is increasingly integrated into the entire tourism process, enhancing consumer convenience and experience [3][8] - The cross-border travel market is experiencing significant growth in both outbound and inbound tourism, with a diversified destination structure [5][6] Group 1: Travel Market Trends - The total inter-regional movement of people during the 2026 Spring Festival is anticipated to reach a new high, with growth in passenger flow across civil aviation, railways, and water transport [2] - The hotel market is witnessing both volume and price increases, with hotel night bookings on the Fliggy platform rising by 75% year-on-year during the Spring Festival [2] - Popular tourist cities are seeing significant price increases for hotel accommodations, driven by a segmented travel pattern of "first reunion, then vacation" [2] Group 2: Domestic Tourism - The domestic tourism market is thriving, with Fliggy reporting record-high order volumes and a 10% year-on-year increase in average booking amounts [3] - Traditional and niche destinations are both gaining popularity, reflecting a trend towards diversified experiences in domestic travel [3] - Key scenic spots, such as Zhangjiajie and Qi Yun Mountain, have reported substantial revenue growth during the holiday period, with some locations achieving record highs [3] Group 3: Cross-Border Tourism - The cross-border travel market is experiencing robust growth, with Southeast Asia as a core destination and significant increases in long-haul travel [5] - Outbound travel is dominated by family groups, with popular destinations including Bangkok and Hong Kong, while inbound tourism benefits from visa-free policies and cultural appeal [5][6] - Inbound tourism is showing strong consumer spending, with cities like Beijing and Shanghai leading in visitor numbers and economic contributions [6] Group 4: Investment Opportunities - The tourism sector is expected to benefit from extended holidays, visa-free policies, and rising consumer sentiment, with a favorable outlook for service-oriented consumption [8] - Recommended investment targets include hotel chains such as Jin Jiang Hotels and ShouLai Hotels, as well as online travel agencies like Trip.com and Tongcheng Travel [8]

港股三大指数呈现高开低走，尾盘现加速下跌行情。今日期指结算，或加剧市场波动。截止收盘，恒生 科技指数大跌2.87%，创去年7月以来新低，较去年10月高点回调超23%，恒生指数、国企指数分别下跌 1.44%及2.44%。具体盘面上，大型科技股、大金融股(银行、保险、券商)、中字头等权重集体下跌大市 承压十分明显，百度、快手跌超4%，腾讯跌破520港元大关且刷新阶段新低，国泰海通、光大证券、中 国人寿、民生银行跌幅分别居板块前列；香港电动私家车首次登记税宽减3月底届满后不再继续，汽车 经销商股大跌，生物医药股、建材水泥股、濠赌股、AI应用概念股、煤炭股、石油股、内房股、光伏 股、黄金等有色金属股纷纷下跌。另一方面，海外电力供需缺口显著，机构看好国内内燃机及相关产业 链出海，电力设备股逆市上扬，东方电气大涨15.5%领衔，连续下跌的影视股部分反弹，存储概念股再 度活跃。(格隆汇) ...

长期以来，对内幕交易和操纵市场处罚主要以行政责任和刑事责任为主。尽管证券法明确规定了内幕交 易和操纵市场的民事赔偿责任，但由于缺乏具体司法解释，相关民事赔偿案件落地较少。 内幕交易民事赔偿案件尤为罕见，除"光大证券乌龙指"案中部分投资者成功获赔外，多数相关案件以原 告败诉或撤诉告终。 汤欣分析称，早期部分判决中原告败诉的主要原因是"无法证明损失与内幕交易行为之间存在因果关 系"。如何认定因果关系、界定适格原告范围（如"同时反向交易"投资者）以及如何计算损失，是内幕 交易民事赔偿案件审理的难点，也是司法解释制定的重点。 2月24日，最高人民法院民二庭庭长王闯在新闻发布会上表示，将制定证券市场内幕交易、操纵市场民 事赔偿司法解释。此消息引发市场关注。 在市场人士看来，出台上述两部民事赔偿司法解释，有助于补齐内幕交易、操纵市场立体化追责体系的 最后一块"短板"。这不仅能够统一司法裁判尺度，畅通投资者权利救济渠道，还将显著提高违法成本， 净化市场生态。 清华大学法学院教授汤欣对《证券日报》记者表示，最高法多次表示，制定上述两部司法解释旨在落实 证券法关于内幕交易、操纵市场民事赔偿的相关规定，相关工作已在学理分析和调查 ...

Core Insights - The report highlights changes in the Hong Kong Stock Connect holdings, indicating significant increases and decreases in ownership percentages for various companies. Group 1: Recent Increases in Holdings - VITASOY INT'L (00345) saw an increase of 0.09%, bringing its latest holding percentage to 3.75% [1] - 恒生科技ETF (03032) increased by 0.04%, with a current holding of 18.49% [1] - 永升服务 (01995) experienced a rise of 0.01%, now holding 4.57% [1] - 南方东西精选 (03441) had the largest increase over five days at 18.46%, reaching 41.03% [4] - 喜相逢集团 (02473) increased by 10.04%, with a holding of 45.14% [4] - 兆易创新 (03986) rose by 4.95%, now at 6.65% [4] Group 2: Recent Decreases in Holdings - 南方恒生科技 (03033) experienced the largest decrease of -0.14%, with a current holding of 68.87% [2] - 医渡科技 (02158) decreased by -0.03%, now at 22.59% [2] - 盈富基金 (02800) saw a reduction of -0.02%, with a holding of 3.49% [2] - 山东墨龙 (00568) had a five-day decrease of -1.30%, now at 53.56% [5] - 亿华通 (02402) decreased by -1.00%, with a holding of 27.49% [5] - 国富氢能 (02582) saw a reduction of -0.90%, now at 20.14% [5] Group 3: Long-term Trends in Holdings - Over a 20-day period, 喜相逢集团 (02473) had the highest increase of 42.45%, reaching 45.14% [6] - 南方东西精选 (03441) increased by 27.31%, now at 41.03% [6] - 钧达股份 (02865) rose by 15.74%, with a holding of 64.80% [6] - 天齐锂业 (09696) experienced a significant decrease of -6.48%, now at 31.50% [6] - 金风科技 (02208) decreased by -5.88%, with a holding of 42.49% [6]

Group 1 - Goldman Sachs has raised the global data center electricity demand increase from 175% to 220% by 2030 compared to 2023, with about 60% of the new electricity demand coming from the U.S. [1] - The report indicates a rapid upward revision in budgets, with over $300 billion increase in capex and R&D for hyperscalers in 2026-27, and a forecast that capex and R&D for major global hyperscalers will double by 2029 compared to 2025 [1] - According to Everbright Securities, the U.S. will primarily add gas-fired power plants, with EIA projecting an addition of 7 GW in 2026, 7 GW in 2027, 16 GW in 2028, and 8 GW in 2029, while coal power units will face significant retirement pressure [1] Group 2 - The U.S. electricity supply shortage is expected to enhance the reliability demand of the power system, benefiting sectors such as gas turbines, power equipment, and energy storage [1] - In the gas turbine sector, leading overseas companies face capacity bottlenecks, and Chinese companies like Dongfang Electric and Shanghai Electric are expected to increase their market share [2] - The demand for power equipment is growing due to U.S. grid infrastructure needs, with companies like Jinpan Technology, Siyuan Electric, and Igor being well-positioned [2] - AI power architecture upgrades are anticipated to improve power efficiency, with companies like Shenghong Co., Sifang Co., and Megmeet being favored [2] - Energy storage is expected to enhance power system reliability in the short term, with companies like Sungrow Power and Canadian Solar being highlighted [3]

证券代码：688519 证券简称：南亚新材 公告编码：2026-008 南亚新材料科技股份有限公司 2025年度业绩快报公告 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、准确性和完整性依法承担法律责任。 本公告所载2025年度主要财务数据为初步核算数据，未经会计师事务所审计，具体数据以南亚新材料科 技股份有限公司（以下简称"公司"）2025年年度报告为准，提请投资者注意投资风险。 一、2025年度主要财务数据和指标 单位：人民币 万元 ■ 注：1、本报告期初数同法定披露的上年年末数。 2、以上财务数据及指标以合并报表数据填列，但未经审计，最终结果以公司2025年年度报告为准。 二、经营业绩和财务状况情况说明 （一）报告期的经营情况、财务状况及影响经营业绩的主要因素 1、报告期的经营情况、财务状况 报告期内，公司实现营业收入522,782.88万元，同比增长55.52%；实现归属于母公司所有者的净利润 24,085.93万元，同比增长378.65%；实现归属于母公司所有者的扣除非经常性损益的净利润21,854.90万 元，同比增长679.35%。 报告期 ...

2月24日，最高人民法院民二庭庭长王闯在新闻发布会上表示，将制定证券市场内幕交易、操纵市场民 事赔偿司法解释。此消息引发市场关注。 完善立体追责体系 在市场人士看来，最高人民法院制定两部司法解释，将构建起对内幕交易、操纵市场"三位一体"立体化 追责体系，实现"惩戒违法者"与"赔偿受害者"的双重目标，从根本上提高证券违法成本。 内幕交易民事赔偿案件尤为罕见，除"光大证券乌龙指"案中部分投资者成功获赔外，多数相关案件以原 告败诉或撤诉告终。 汤欣分析称，早期部分判决中原告败诉的主要原因是"无法证明损失与内幕交易行为之间存在因果关 系"。如何认定因果关系、界定适格原告范围（如"同时反向交易"投资者）以及如何计算损失，是内幕 交易民事赔偿案件审理的难点，也是司法解释制定的重点。 相较而言，操纵市场民事赔偿领域已积累了多起成功案例。恒康医疗案是全国首例操纵市场民事赔偿支 持诉讼获得胜诉的案件，实现了该领域零的突破。此后，文峰股份（601010）案、新三板阿波罗案以及 鲜言操纵匹凸匹案等相继成功落地。2024年，福州市中级人民法院在首例"支持诉讼+损失测算"操纵市 场案中，判决投资者全部胜诉，获赔约66万元，为相关司法解 ...