人民财讯2月23日电，港股收盘，恒生指数收涨2.53%，恒生科技指数涨3.34%。黄金股涨幅居前，赤峰 黄金涨近8%，紫金黄金国际涨超6%。科技股、汽车股上涨，美团、蔚来涨超5%。大模型股下跌，智谱 跌超22%，MINIMAX跌超13%。 转自：证券时报 ...

Group 1 - The Hang Seng Index closed up by 2.53% [1] - The Hang Seng Tech Index increased by 3.34% [1] - Gold stocks performed well, with Chifeng Jilong Gold Mining rising approximately 8% and Zijin Mining International increasing by about 7% [1] Group 2 - Technology stocks and automotive stocks also saw gains, with Meituan rising around 5% and NIO increasing by approximately 6% [1] - However, large model stocks experienced declines, with MINIMAX dropping about 13% and Zhipu AI falling approximately 23% [1]

Market Overview - The Hong Kong stock market indices collectively rose, with the Hang Seng Index increasing by 2.53% to close at 27,081.91 points, the Hang Seng Tech Index up by 3.34%, and the National Enterprises Index rising by 2.65% [1][7]. Sector Performance - The technology sector saw mixed results, with major companies like Meituan and Baidu dropping over 3%, while Lenovo gained over 2% [1][7]. - The precious metals sector led the market, with Tongguan Gold rising over 12%, driven by increasing international gold and silver prices and heightened global risk aversion [2][9]. - The lithium battery sector showed resilience, with Ganfeng Lithium increasing by over 8%, supported by improving supply-demand dynamics in the lithium industry [1][6]. Investment Insights - Goldman Sachs has a bullish outlook on the gold sector, predicting that central banks' continued gold purchases and private investors increasing gold allocations in anticipation of U.S. Federal Reserve rate cuts will drive gold prices to $5,400 per ounce by the end of 2026 [2][9]. - UBS has significantly raised its price forecasts for lithium products, indicating that the market has entered a third super cycle for lithium prices, driven by the growing demand for electric vehicles and energy storage [5][10]. Company-Specific Developments - Zhizhu's stock plummeted over 22%, with investors expressing concerns about the commercialization challenges of large models, including high computing costs and fluctuating user experiences [6][11].

Group 1: Core Insights - The stock price of Zhaojin Mining (01818.HK) increased on February 23, 2026, driven by heightened geopolitical risks and rising gold prices [1] - The market's concerns over potential military actions by the U.S. against Iran have led to increased investor demand for safe-haven assets, particularly gold [1] - Spot gold prices surpassed $5160 per ounce during Asian trading hours, with a daily increase of over 1%, benefiting gold producers like Zhaojin Mining [1] Group 2: Market Environment - The overall atmosphere in the Hong Kong stock market was positive, with the Hang Seng Index rising nearly 3% on February 23, 2026, supported by strong performances in technology and non-ferrous metal sectors [2] - The improved market sentiment provided a favorable trading environment for individual stocks [2] Group 3: Company Fundamentals - Zhaojin Mining's fundamentals are strong, with a reported net profit growth of 140.43% year-on-year for the first three quarters of 2025, indicating robust performance [3] - The progress of the company's offshore gold mining projects is on track, with expectations for future capacity release supporting the stock price [3]

Core Viewpoint - The Hong Kong stock market showed strong performance during the Spring Festival holiday, providing a positive reference for the A-share market as it prepares to open. The performance of overseas assets and Hong Kong stocks during the holiday is expected to be a key indicator for sector rotation in the A-share market [1][9]. Group 1: Market Performance - The Hong Kong stock market experienced a significant rally, contributing to a positive atmosphere for the A-share market's opening [1][9]. - During the holiday, the Hong Kong stock index fluctuated but ultimately rose, while the U.S. stock index saw only slight increases [2][10]. - Gold prices showed a four-day winning streak, indicating a strong performance in the precious metals sector [2][11]. Group 2: Sector Highlights - The Hong Kong market displayed structural trends, with sectors such as technology, internet, consumer electronics, and lithium batteries leading the gains. Notable stocks included Meituan, Tencent, and Alibaba [3][11]. - The optical fiber and cable leader, Longi Fiber Optic, saw its stock price double this year, driven by increased demand for high-fiber-count cables due to AI data center construction [12]. - Shipping and port stocks rose significantly due to geopolitical tensions, with China Merchants Energy's stock increasing nearly 90% since the beginning of the year [12]. Group 3: Fund Performance - Several funds heavily invested in Hong Kong stocks saw substantial gains, particularly in sectors like AI hardware, gold, innovative pharmaceuticals, and oil transportation, with some stocks rising over 10% during the A-share market's closure [11][12]. - Some innovative pharmaceutical companies in Hong Kong, such as Hang Seng Biotechnology and Hang Seng Healthcare, reported year-to-date gains exceeding 10% [4][13]. Group 4: Future Outlook - Analysts expect structural opportunities in the A-share market to continue, with resource products and AI sectors remaining the main focus for capital [15]. - The ongoing geopolitical tensions are likely to sustain demand for gold, with expectations of a continued bull market for gold over the next 2-3 years [15][16]. - Investment strategies are suggested to focus on high-growth sectors like AI hardware and applications, as well as undervalued sectors that may experience fundamental improvements and valuation recovery [17].

Market Overview - The Hong Kong stock market opened positively for the Year of the Rabbit, with the Hang Seng Index rising by 2.29% to 27,017.88 points, and the Hang Seng Tech Index increasing by 3.32% to 5,384.52 points, indicating strong market sentiment [1] - The trading volume exceeded HKD 1 billion, reaching HKD 1,064.5 million, reflecting a strong willingness for capital inflow [1] Sector Performance - Almost all sectors experienced gains, with notable performances from the materials sector, which surged by 4.49%, and the consumer discretionary sector, which rose by 3.2% [1] - The Wind Hong Kong Metal Index soared by 4.76%, while the Wind Hong Kong Hardware Equipment Index and the Wind Hong Kong Automotive and Parts Index increased by 2.98% and 2.91%, respectively [1] Gold Stocks - Gold stocks led the market, with Tongguan Gold rising over 11% and Zijin Mining increasing by 5.25% [1] - The surge in gold prices was driven by a 6% increase in New York silver prices, alongside macroeconomic factors such as heightened trade policy uncertainty and inflation concerns, enhancing gold's appeal as an inflation hedge [1] Technology Sector Recovery - The technology sector showed a strong recovery, with Meituan-W up by 6.93%, JD Group-SW rising by 4.24%, and SMIC increasing by 4.51% [2] - The optical communication sector saw significant gains, exemplified by Yangtze Optical Fibre and Cable, which surged over 15% due to strong demand for AI-related optical modules [2] Automotive Industry Insights - NIO's stock rose over 3%, supported by data indicating that domestic Chinese brands exported over 9 million vehicles last year, marking a significant transition in the automotive industry [2] Notable Individual Stocks - Key individual stocks included Lianhe Holdings, which rose by 11.86% following the approval of its privatization plan, and Zijin Gold International, which increased by 6.91% after signing a gold sales agreement [3] Market Outlook - The upcoming A-share market opening is anticipated to be influenced by over 2.2 trillion yuan in reverse repos maturing, alongside 300 billion yuan in MLF, but public fund inflows are expected to remain strong [4] - The market's main themes are identified as gold and non-ferrous metals as safe-haven assets, and AI hardware and semiconductors as growth sectors [4]

盘面上，科网股普涨，美团涨超6%，京东涨超4%，阿里巴巴、腾讯、快手、百度涨超3%。 半导体概念股走强，中芯国际、华虹半导体均涨超4%，天岳先进、英诺赛科、纳芯微等涨幅居前。 光通信概念股涨幅居前。长飞光纤（601869）光缆涨15.77%；汇聚科技涨超5%；剑桥科技（603083） 涨7%。 贵金属板块走高。潼关黄金涨超11%；万国黄金集团涨超6%再创历史新高，预计全年纯利同比增长最 多1.6倍；紫金黄金国际涨超7%。 2月23日早盘，港股三大指数高开高走，均涨超2%。截至午间收盘，香港恒生指数上涨2.29%，报 27017.88点；恒生科技指数上涨3.32%，报5384.52点；恒生中国企业指数上涨2.50%，报9183.23点。市 场半日成交额为1064.5亿港元。 | 现价 | 序号代码 | | --- | --- | | | へ 恒生重点指数 | | 1 HSTECH | | | 2 HSCEI 恒生中国企业排9183.23 223.67 2.50% | | | 3 HSML100 恒生中国(香港:7547.66 177.21 2.40% | | | 恒生指数 | 4 HSI 1 1 | | 恒生综 ...

不过，市场并非普涨。AI大模型板块逆势回调，智谱、MINIMAX-WP等跌幅明显，主要受智谱就GLM Coding Plan改版发布致歉信等事件影响。医药、传统地产板块同样小幅走弱，整体呈现结构性分化格 局。 资金面上，2026年以来港股市场回购金额已超254亿港元，腾讯控股、中通快递、小米集团等行业龙头 持续实施回购，为市场注入一定信心。 市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 2月23日，港股三大指数高开高走，科技与资源类板块共同驱动半日强势表现。截至午间收盘，恒生指 数报27019.21点，恒生科技指数报5384.52点，恒生国企指数报9175.91点。市场半日成交额为1064.5亿港 元。 盘面上，互联网科技板块全线走强，美团-W、京东集团、阿里巴巴-W、腾讯控股、快手-W等权重科网 股集体上扬。半导体方向同步活跃，中芯国际、华虹半导体均录得较大涨幅。华泰证券此前发布研报指 出，"AI需求外溢导致成熟制程供给收缩，或推动26/27年ASP稳步上升"，并看好中芯国际"先进工艺+先 进封装"一体化交付能力的构建。 有色金属板块同样表现突出。黄金股方面，中国黄金 ...

黄金股大涨，潼关黄金涨超11%。由于美国最高法院限制了美国总统特朗普的关税权力，使得与美国谈 判的贸易协定前景充满不确定性，这令市场感到不安，黄金价格走高。与此同时，美伊核谈判前景正影 响原油市场。 | 名称 | 最新价 | 涨跌额 | 涨跌幅 √ | | --- | --- | --- | --- | | 恒生科技指数 | 5384.52 | +173.02 | +3.32% | | 800700 | | | | | 国企指数 | 9183.23 | +223.67 | +2.50% | | 800100 | | | | | 恒生指数 | 27017.88 | +604.53 | +2.29% | | 800000 | | | | 来源：新浪港股 2月23日消息，港股三大指数集体上涨。截至午间收盘，恒生指数涨2.29%，报27017.88点，恒生科技指 数涨3.32%，国企指数涨2.50%。盘面上，科网股普涨，美团涨超6%，京东涨超4%，阿里巴巴、腾讯、 快手、百度涨超3%；黄金股大涨，潼关黄金涨超11%；汽车股活跃，蔚来涨超3%；光通讯概念走强， 长飞光纤光缆涨超15%。 | 代码 | 名称 | 最新价 ...

Market Overview - The Hong Kong stock market opened strong and continued to rise, with the Hang Seng Index up nearly 3%, the Hang Seng Tech Index up nearly 4%, and the Hang Seng China Enterprises Index up over 3% [1] - The A50 futures also saw an increase, expanding to over 1.5% [1] Sector Performance - Technology stocks led the market rally, with Meituan rising over 7%, JD Group and BYD up over 5%, and SMIC up nearly 5% [2][3] - Other notable gainers included Huahong Semiconductor, Li Auto, Sunny Optical Technology, and Leap Motor, all rising over 4% [2][3] Individual Stock Highlights - Meituan-W: Current price 86.750, up 7.43% [4] - JD Group-SW: Current price 109.100, up 5.11% [4] - BYD: Current price 100.300, up 5.08% [4] - SMIC: Current price 70.950, up 4.80% [4] - Huahong Semiconductor: Current price 98.350, up 4.46% [4] - Li Auto-W: Current price 73.150, up 4.35% [4] - Alibaba-W: Current price 152.700, up 3.81% [4] Precious Metals and Commodities - The precious metals sector saw significant gains, with spot gold surpassing $5160 per ounce, up over 1%, and spot silver rising over 3% [5] - Chinese gold stocks also surged, with China Gold International up over 7% and Zijin Mining up over 4% [5] Other Sector Movements - The non-ferrous metals sector performed strongly, with China Daye Non-Ferrous Metals up over 9% and Jiangxi Copper up over 6% [5] - The optical communication sector saw collective gains, with Yangtze Optical Fibre up over 18% [5] Investment Insights - Galaxy Securities indicated that the technology sector remains a long-term investment focus, with reduced valuation pressure and potential for rebound due to advancements in AI [6] - Huatai Securities suggested monitoring three key areas: semiconductor hardware, consumer sectors like dining and innovative pharmaceuticals, and electrical equipment benefiting from system upgrades [6] - Significant stock buybacks by industry leaders have instilled confidence in the Hong Kong market, with total buyback amounts exceeding 25.4 billion HKD since 2026 [6]