以下文章来源于36氪Pro ，作者海若镜 36氪Pro . 36氪旗下官方账号。深度、前瞻，为1%的人捕捉商业先机。 2024年核心业务总合同订单数千万。 文 ｜ 海若镜 来源｜ 36氪Pro（ID：krkrpro） 封面来源 ｜ Pixabay 36氪获悉，数字化临床研究企业"新视焰"完成数千万元A+轮融资，由浙江省"4+1"生物医药与高端器械产业基金、夏尔巴投 资、红杉中国种子基金等共同投资。 本轮融资将用于继续拓展医院，加速DeepSeek在临床试验行业的应用落地。 新视焰成立于2020年，以数字化技术提升药物研发临床试验的效率，特别是在"远程监查"、"受试者费用发放"环节，为申办方 （药企、CRO等）和医院提供数字化工具，解决数据记录、追踪和监查的痛点。36氪曾跟踪报道其融资进程。 "比如南方一家三甲医院，我们已经帮他们扫描了130万页报告，这还只是那边历年来结题报告的1/4，全部完成大约有五六百万 页材料。"金杰飞介绍道。对于AI而言，可连接的数据越多、越连贯，训练出的结果可能越准确。 为CRA提供"数据地图"这一功能，也得到了申办方的欢迎。因为CRA在监查数据过程中，要面临多家医院的信息化系统，一 ...

Investment Rating - The report maintains an "Outperform" rating for major companies in the Hong Kong market, including Alibaba, Tencent, Xiaomi, Baidu, SMIC, ZTE, Lenovo, AAC, BYD Electronics, and Sunny Optical [5][14]. Core Insights - The Hong Kong stock market has entered a technical bull market, with the Hang Seng Index rising by 25.6% and the Hang Seng Tech Index soaring by 37.5% since January 13, 2025, driven by the DeepSeek theme [1][7]. - The current market rally is characterized by a structural shift, with the technology sector leading the gains while traditional sectors lag behind [1][19]. - The report raises the target price for the Hang Seng Index to 25,000 points and the Hang Seng Tech Index to 6,300 points, indicating a long-term upward potential for the market [3][12]. Market Dynamics - The rally is primarily driven by trading-oriented funds, with significant profit-taking pressure expected as the market enters overbought territory [2][8]. - International long-only funds are reassessing the investment value of the Chinese market, potentially shifting their view from "tradable" to "investable" [9][52]. - The upcoming "Two Sessions" in March may not meet high expectations for substantial stimulus, leading to a focus on deeper reform policies instead [3][41]. Sector Performance - The technology sector has shown strong performance, with 57% of the Hang Seng Tech Index constituents reaching new highs, compared to 31% of the Hang Seng Index constituents [19][20]. - The report highlights the importance of new quality productive forces and AI-driven innovations as key drivers for the technology sector's growth [53][44]. Investment Opportunities - The report identifies specific companies as preferred picks under the DeepSeek theme, including Alibaba, Tencent, Xiaomi, Baidu, SMIC, ZTE, Lenovo, AAC, BYD Electronics, and Sunny Optical, all rated as "Outperform" [5][14]. - The potential for a resurgence in the IPO market is noted, with expectations for increased liquidity and capital inflow into the Hong Kong market [49][50].

Group 1 - The company PropNotes specializes in identifying high-yield investment opportunities for individual investors [1] - PropNotes leverages a background in professional Prop Trading to simplify complex investment concepts and provide actionable advice [1] - The analysis produced by PropNotes aims to assist investors in making informed market decisions, supported by expert research [1] Group 2 - The article does not provide any specific company or industry performance data or insights [2][3]

偶倒 0680 2025 年第 27 期，总第 1826 期（电子版） 2025 年 2 月 18 日 星期二 （本刊物为中风险等级产品，敬请投资者参阅正文后的免责声明） 一、市场分析 分化不改变震荡上行趋势 | | 沪深指数 | | | --- | --- | --- | | | 收盘(点) | 涨跌幅(%) | | 上证指数 | 3355.83 | 0.27 | | 深证成指 | 10791.06 | 0.39 | | 中小 100 | 6690.81 | 0.07 | | 创业板指 | 2226.62 | 0.51 | | 沪深 300 | 3947.4 | 0.21 | | | 海外市场指数 | | | | 收盘(点) | 涨跌幅(%) | | 道琼斯 | 44546.08 | -0.37 | | 纳斯达克 | 20026.77 | 0.41 | | 标普 500 | 6114.63 | -0.01 | | 英国富时 100 | 8768.01 | 0.41 | | 日经 225 | 39166.12 | -0.02 | | 恒生指数 | 22616.23 | -0.02 | | | 货币市场 | | ...

2月27日，外交部发言人林剑主持例行记者会。 彭博社记者提问，美国国务卿鲁比奥在接受采访时对中俄关系表达了担忧，请问中方对此有何评论？ 林剑对此表示，中俄作为两个大国，彼此的关系具有强大的内生动力，不受任何第三方影响。中俄两国的发展 战略和外交政策是很长远的，任凭国际风云变幻，中俄关系都将从容前行。美方对中俄关系挑拨离间完全是徒 劳的。 台湾地区哪有什么国防部？ 会上，法新社记者提问，台湾"国防部"声称，发现了48架中国大陆的军机，中方对此有何评论？ "台湾地区哪有什么国防部？"林剑表示，"这也不是一个外交问题"。 来源：长安街知事 责编：刘艺文 校对：苏焕文 百万用户都在看 DeepSeek，突传大消息！最新回应来了 刚刚，集体下跌！发生了什么？ 利好来袭！高盛，突然发声！ AI，重磅时刻！英伟达，即将发布！ 刚刚，双双否认！ 违法和不良信息举报电话：0755-83514034 邮箱：bwb@stcn.com ...

Investment Rating - The report does not explicitly state an investment rating for the software development industry or the specific company, StarRing Technology-U [1]. Core Insights - The company has a competitive advantage in the LLMOps product space due to its comprehensive capabilities that cover the entire data lifecycle, from data integration to model management and application deployment [19]. - The demand for AI-related solutions has significantly increased, particularly following the emergence of DeepSeek, leading to a rise in inquiries and business opportunities from clients [21]. - The company emphasizes the importance of pre-processing and knowledge management in effectively utilizing AI models, indicating that successful application depends on the context and preparation of data [22]. Summary by Sections 1. Basic Research Information - The research was conducted on February 18, 2025, focusing on StarRing Technology-U within the software development industry [13]. 2. Detailed Research Institutions - Various institutions participated in the research, including Changjiang Pension, Changjiang Securities, Haitong Securities, and several fund management companies [14][15]. 3. Research Institution Proportion - The report does not provide specific data on the proportion of research institutions involved [17]. 4. Main Content Information - The company’s LLMOps supports multi-modal data processing and emphasizes enterprise-level operational capabilities, including role-based access and resource management [19]. - Open-source tools are not seen as a threat to the company's proprietary data processing tools due to their limitations in handling large-scale data and security concerns [20]. - The company is actively engaging with clients to facilitate the integration of its products with DeepSeek, enhancing the deployment of AI solutions in enterprises [21]. - The company’s hardware strategy includes three main products: a knowledge platform, LLMOps on workstations or servers, and AIPC for personal computers [23].

Core Viewpoints - The report emphasizes that the market transaction volume continues to rise, driven by AI-led transformations in the industry, particularly benefiting brokerage firms' trading businesses [4][29] - It highlights the ongoing integration process within the brokerage industry, with significant events such as the transfer of equity stakes from the Ministry of Finance to Central Huijin and the establishment of a coordination group for the Guolian Minsheng integration [4][19] Market Performance - The report notes that the CSI 300 index increased by 1.19% during the week of February 10-14, while the Zhongzheng All Bond Index decreased by 0.10% [6][7] - Year-to-date performance shows the CSI 300 index has risen by 0.10%, while the Shanghai Composite Index has decreased by 0.15% [6][7] Market Activity - A-share daily average trading volume reached 17,496 billion yuan, an increase of 8.3% compared to the previous week, and a 27.7% increase year-to-date compared to the entire year of 2024 [10][12] - The Hong Kong stock exchange saw a daily average trading volume of 2,987 billion HKD, up 65.2% from the previous week, and a 34.2% increase year-to-date compared to 2024 [14] Public Fund Data - The report indicates that new public fund issuance is primarily in bond funds, with 42.7 billion units issued this week, while equity funds saw 5.1 billion units issued, with no new actively managed equity funds [16][18] - Year-to-date, public fund issuance totals 996 billion units, a 15.6% increase year-on-year, while equity fund issuance is 406 billion units, a 125.3% increase year-on-year [16] Key Events - The transfer of equity stakes in three major AMCs to Central Huijin has resulted in Central Huijin holding seven brokerage licenses, making it the most concentrated state-owned capital operating platform in the brokerage sector [19] - The establishment of the Guolian Minsheng integration coordination group marks the official start of the integration process, with leadership roles assigned to key executives from both firms [19][21] AI Deployment in Brokerages - The report tracks the deployment of AI models like DeepSeek across various brokerages, highlighting applications in risk management, investment advisory, and market analysis [23][24] - Brokerages such as CITIC Securities and Guotai Junan have completed local deployments of DeepSeek, enhancing their capabilities in intelligent investment services and market analysis [23][24] Earnings Reports - As of February 16, 2025, 19 brokerages have released earnings forecasts, with Dongwu Securities reporting a net profit of 2.366 billion yuan for 2024, an 18% year-on-year increase [26][27] - Orient Securities expects a net profit of 3.351 billion yuan for 2024, a 22% increase year-on-year, with a significant turnaround in the fourth quarter [26][27] Investment Recommendations - The report suggests focusing on brokerage firms like Dongfang Caifu, which have internet business advantages, and top-tier firms like CITIC Securities and招商证券 (H shares) that are expected to strive for "first-class investment bank" status [4][29]