Core Viewpoint - The company Stone Technology has applied for the issuance of H-shares and plans to list on the main board of the Hong Kong Stock Exchange, with the listing committee set to review the application on January 15, 2026, although it has been reviewed, it does not constitute formal approval [1] Group 1 - The company has optimized its business layout in 2025, with stable performance in the sweeping robot business, overseas listing of the washing machine, and positive feedback for the lawn mower [1] - The global sales revenue and market share of the sweeping robot are leading in the industry [1] - The company expects its net profit attributable to shareholders for the fiscal year 2025 (unaudited) to be no less than 1.34 billion yuan [1] Group 2 - The issuance and listing are subject to final approval from relevant regulatory authorities, indicating a level of uncertainty [1]

Core Viewpoint - The report indicates that the Watsons Group, a subsidiary of CK Hutchison, plans to pursue a dual listing in Hong Kong and London, potentially completing this by the second quarter, with an estimated valuation of approximately $30 billion and a fundraising target of $2 billion [1] Group 1 - The dual listing could result in a valuation for Watsons that is significantly higher than the current valuation used by Bank of America for CK Hutchison's net asset value for the fiscal year 2026 [1] - Bank of America maintains a "Buy" rating on CK Hutchison, anticipating stable performance for the fiscal year 2025 and viewing the current valuation as attractive [1] - The target price for CK Hutchison is set at HKD 62, reflecting the company's proactive approach to unlocking value [1]

Group 1 - Company announced the convening of its second session of the sixteenth board meeting on January 16, 2026, to discuss the authorization for management to initiate the overseas issuance of shares (H-shares) and related preparations for listing on the Hong Kong Stock Exchange [1] Group 2 - Silver prices have surged over 80% in the last 50 days, indicating a level of speculation that surpasses that of gold, suggesting a potential peak in the precious metals bull market [1]

Core Viewpoint - The company, 聚和材料 (Juhua Materials), has submitted an application for the overseas public offering of H-shares and listing on the Hong Kong Stock Exchange on January 14, 2026 [1] Group 1 - The application materials for the issuance and listing were published on the Hong Kong Stock Exchange website on the same day [1]

Group 1 - The company Tongcheng New Materials announced that its fourth board meeting will be held on January 14, 2026, to discuss the proposal for issuing H-shares and listing on the Hong Kong Stock Exchange [1] - The news highlights a significant valuation drop for Haili Biological, which saw its valuation halved within eight months despite a ninefold increase in the acquisition of a company [1] - The largest customer of Haili Biological is reportedly a company that has not yet been established, raising questions about the business's sustainability and future prospects [1]

Group 1 - The core viewpoint of the article is that Wuxi Lichi Intelligent Equipment Co., Ltd. is set to undergo its initial public offering (IPO) review by the Shenzhen Stock Exchange on January 20, 2026, aiming to raise approximately 1,008.16 million yuan [1] - Lichi Intelligent plans to use the raised funds for the construction of an intelligent manufacturing production base for material automation handling equipment, a research and development center, and to supplement working capital [1] - As of the signing date of the prospectus, Ningbo Zhilian holds 47.27% of the company's shares, while Lu Haodong holds 38.00%, making them the joint controlling shareholders of the company [1] Group 2 - Lu Haodong directly owns 139.4 million shares, representing 38.00% of the total shares, while Ningbo Zhilian directly owns 173.4 million shares, representing 47.27% of the total shares [1] - Lu Haodong, as the executive partner of Ningbo Zhilian, effectively controls 85.27% of the company's shares and serves as the chairman and general manager, thus having substantial influence over major decision-making [1] - The sponsor for Lichi Intelligent's IPO is Guotai Junan Securities Co., Ltd., with Fang Liang and Yan Zhijie as the sponsoring representatives [2]

香港聯合交易所有限公司與證券及期貨事務監察委員會對本公告的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因 倚賴該等內容而引致的任何損失承擔任何責任。 本公司招股章程根據香港法例第32章公司（清盤及雜項條文）條例送呈香港公 司註冊處處長登記前，不會向香港公眾人士提出要約或邀請。倘於適當時候向 香港公眾人士提出要約或邀請，有意投資者務請僅依據與香港公司註冊處處 長登記的本公司招股章程作出投資決定，招股章程副本將於發售期內向公眾 人士提供。 We Doctor Holdings Limited 微醫控股有限公司 （於英屬維爾京群島註冊成立的有限公司並以存續方式於開曼群島註冊） 警告 本公告乃根據香港聯合交易所有限公司（「聯交所」）與證券及期貨事務監察委 員會（「證監會」）的要求而刊發，僅用作向香港公眾人士提供資料。 閣下閱覽本公告，即表示 閣下知悉、接納並向微醫控股有限公司（「本公司」）、 其保薦人、整體協調人、顧問或包銷團成員表示同意： – 2 – (e) 本公告（及其所載資料）僅供參考，並不構成或組成在美國（包括其領土及 屬地、美國任何州及哥倫比亞特區） ...

Group 1: Food Delivery Market Investigation - The State Administration for Market Regulation has initiated an investigation into the competitive status of the food delivery platform service industry based on the Anti-Monopoly Law of the People's Republic of China [4] - Taobao Flash Sale stated that it adheres to principles of fairness and compliance with laws and regulations in its operations, including merchant management and consumer rights protection [4] - Meituan expressed its support for the investigation and emphasized the need for rational competition in the industry, aiming to promote innovation and healthy development within the food delivery platform service sector [4] Group 2: Apple CEO Succession - Apple is reportedly accelerating the selection process for a successor to CEO Tim Cook, with John Ternus, the current Senior Vice President of Hardware Engineering, emerging as the leading candidate [7] - Cook, aged 65, has indicated to management that he feels fatigued and may step down as CEO this year, potentially transitioning to the role of Chairman of the Board [8] Group 3: MiniMax IPO - MiniMax, a large model company, went public on the Hong Kong Stock Exchange, opening with a more than 50% increase and reaching a market capitalization exceeding 77 billion HKD [13] - The company priced its shares at a maximum of 165 HKD, with initial trading showing a significant rise, indicating strong investor interest [13]

香港聯合交易所有限公司與證券及期貨事務監察委員會對本公告的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因 依賴該等內容而引致的任何損失承擔任何責任。 RelyEZ Energy Storage Technology Co., Ltd. 深圳市遠信儲能技術股份有限公司 （於中華人民共和國成立的股份有限公司） 或向美國任何州或其他司法管轄區的任何證券監管機構登記，且不得直 接或間接向或在美國境內提呈發售、出售、轉售、抵押、轉讓或交付，惟 獲豁免遵守美國證券法登記規定或在毋須遵守美國證券法登記規定的交 易中進行者除外，並遵守美國任何相關州或其他司法管轄區的任何適用 證券法。證券並無亦將不會於美國公開發售； 於本公司招股章程根據香港法例第32章《公司（清盤及雜項條文）條例》送呈香 港公司註冊處處長登記前，不會向香港公眾人士提出要約或邀請。倘於適當時 候向香港公眾人士提出要約或邀請，有意投資者務請僅依據向香港公司註冊 處處長登記的本公司招股章程作出投資決定；招股章程的文本將於發售期內 向公眾人士提供。 – 2 – 警告 本公告乃根據香港聯合交易所有限公司（「聯交 ...

Core Insights - Discord has secretly submitted its IPO application in the U.S., with the news first disclosed on January 6 [1] - The final decision regarding the IPO is still uncertain, and discussions are ongoing, with the possibility of delaying or abandoning the listing [1] - Discord's spokesperson emphasized that the company's current focus is on providing the best user experience and building a sustainable business model [1] Company Overview - Founded in 2015, Discord offers voice, video, and text chat features, gaining popularity among gamers and programmers [1] - As of December 2025, Discord reported over 200 million monthly active users [1] - The company primarily relies on funding from investment institutions and its own subscription services for operations [1] Market Context - There has been significant interest in Discord's capital movements, especially after Microsoft attempted to acquire the company for over $10 billion in 2021, which was ultimately rejected [1] - The rejection of the acquisition was widely viewed as Discord's intention to pursue an independent IPO in the future [1] - The recent news of the IPO application has reignited speculation about Discord's future capitalization path [1]