格隆汇1月20日丨数码视讯(300079.SZ)公布，截至2026年1月20日，公司通过回购专用证券账户以集中 竞价交易方式回购公司股份数量1491.61万股，占公司总股本的1.05%，回购最高成交价为6.10元/股，最 低成交价为5.13元/股，成交总金额为8286.4728万元（不含交易费用）。本次回购符合法律法规的相关 规定，符合公司既定的回购股份方案。 ...

美国银行证券分析师Wamsi Mohan发表研报，将IBM(IBM.US)目标价从315美元上调至335美元，同时维 持"买入"评级。该行表示，IBM拥有强劲的自由现金流前景，同时高利润率软件业务占比提升，这将抵 消短期面临的不利因素。 ...

格隆汇1月20日丨南威软件(603636.SH)在投资者互动平台表示，公司目前未与MiniMax合作开发AI大模 型。未来若有相关进展，公司将严格按照有关法律法规的要求及时履行信息披露义务。 ...

格隆汇1月20日丨南威软件(603636.SH)在投资者互动平台表示，公司目前未开展"航空航天"方面的业 务。公司将密切关注该领域的演进趋势，结合自身业务需求与战略方向，审慎评估新业务的开展。如有 相关进展，将严格依照法规要求履行披露义务。 ...

目录 2 港股市场回购统计周报 2026.01.12-2026.01.18 | 分析师： | 蒋开来 | | --- | --- | | 中央编号： | BWL381 | | 联系电话： | 852-6430 1060 | | 邮箱： | jiangkl@cnzsqh.hk | 1 3 港股市场回购周统计数据（2026.01.12-2026.01.18） l 周回购数据总汇 | 证券代码 | 证券简称 | 期间回购金额 | 期间回购数量 | 回购数量占 | | --- | --- | --- | --- | --- | | | | (万港元) | (万股) | 总股本比例 | | 0700.HK | 腾讯控股 | 254,323.98 | 405.90 | 0.04% | | 1810.HK | 小米集团-W | 67,002.05 | 1,780.00 | 0.07% | | 2382.HK | 舜宇光学科技 | 34,944.95 | 535.00 | 0.49% | | 0175.HK | 吉利汽车 | 15,128.33 | 900.70 | 0.08% | | 2096.HK | 先声药业 | 9, ...

Group 1: Report Industry Investment Rating - No relevant content provided Group 2: Report Core Views - Overseas, gold continues to rise, and the marginal disorder of the interest rate cut path may bring short - term stagnation points. In the medium - to - long - term, the global geopolitical situation is in the "G0" era, with a higher probability of frequent local black - swan events. The structure of fiscal policy efforts and monetary policy support remains unchanged, and the outlook remains bullish. Attention should be paid to the crowding - out effect of the strong AI capital cycle on traditional sectors, and monetary and fiscal policies are expected to remain double - loose. Supply - demand gaps may appear in both traditional and pan - AI technology sectors, with more attention on supply elasticity in the former and demand elasticity in the latter, and then combine price with volume to find structural allocation opportunities [1][37] - The domestic equity market is generally volatile, and the convertible bond market is also highly differentiated, with high - price and small - and medium - cap styles outperforming, showing significant structural features. Investors are advised to adopt a traditional "dumbbell" layout in terms of style, investing in low - price (high - probability) and high - price (high - odds) targets, and diversify across industries. Confirm the performance bottom in traditional sectors and seize the rotation and spread of pan - main themes in growth sectors, focusing on bottom - up and micro - alpha factors [1][37] Group 3: Summary by Directory 1. Week - on - Week Market Review 1.1. Equity Market Generally Rose - From January 12th to January 16th, the equity market generally rose. The Shanghai Composite Index fell 0.45% to close at 4101.91 points, the Shenzhen Component Index rose 1.14% to close at 14281.08 points, the ChiNext Index rose 1.00% to close at 3361.02 points, and the CSI 300 fell 0.57% to close at 4731.87 points. The average daily turnover of the two markets increased by approximately 9025.95 billion yuan to 32408.73 billion yuan, a week - on - week increase of 38.60% [6][8] - On different trading days, the market trends and sector performances varied. For example, on January 12th, the three major indices rose, and sectors such as AIGC and文化传媒 led the gains; on January 13th, they fell, and sectors like AI applications and precious metals led the gains [9] - Among the 31 Shenwan primary industries, 13 industries closed up this week, with 4 industries rising more than 2%. The computer, electronics, non - ferrous metals, media, and machinery industries led the gains, while the national defense and military industry, agriculture, forestry, animal husbandry and fishing, coal, banking, and non - bank finance industries led the losses [13] 1.2. Convertible Bond Market Generally Fell - From January 12th to January 16th, the CSI Convertible Bond Index rose 1.08%. Among the 29 Shenwan primary industries, 19 industries closed up, with 6 industries rising more than 2%. The computer, machinery, electronics, media, and communication industries led the gains, while the national defense and military industry, coal, agriculture, forestry, animal husbandry and fishing, transportation, and non - bank finance industries led the losses [15] - The average daily turnover of the convertible bond market was 1045.19 billion yuan, a significant decrease of 533.79 billion yuan, a week - on - week change of - 33.81%. The top ten convertible bonds in terms of turnover were Jiamei Convertible Bond, Dingjie Convertible Bond, etc. The average turnover of the top ten convertible bonds reached 110.24 billion yuan, with the first - place turnover reaching 238.54 billion yuan [15] - Approximately 60.57% of individual convertible bonds rose, about 21.13% rose in the 0 - 1% range, and 27.84% rose more than 2% [15] - In terms of the conversion premium rate, the overall market conversion premium rate increased, and there were different changes in different price, parity, rating, and scale intervals. In terms of industry, 8 industries' conversion premium rates widened, and 20 industries' conversion parities increased [21][26][30] 1.3. Comparison of Stock and Bond Market Sentiments - This week, the weekly weighted average and median of the convertible bond and underlying stock markets were negative, and the convertible bond's weekly increase was greater. The convertible bond market turnover increased by 10.32% week - on - week and was at the 93.50% quantile level since 2022; the underlying stock market turnover increased by 23.93% week - on - week and was at the 99.50% quantile level since 2022. Overall, the underlying stock market trading sentiment was better [34] - On different trading days, the trading sentiment of the stock and bond markets also varied. For example, on January 12th, the underlying stock market trading sentiment was better; on January 13th, the convertible bond market trading sentiment was better [35] 2. Outlook and Investment Strategy - Maintain the previous view of focusing on the crowding - out effect of the strong AI capital cycle on traditional sectors, with double - loose monetary and fiscal policies. Look for structural allocation opportunities by considering supply and demand elasticities in different sectors [1][37] - For convertible bonds, adopt a "dumbbell" layout in style and diversify across industries. Confirm the performance bottom in traditional sectors and seize pan - main theme rotation and spread in growth sectors [1][37] - The top ten high - rated, medium - and low - priced convertible bonds with the greatest potential for conversion parity premium rate repair next week are Chutian Convertible Bond, Lizhong Convertible Bond, etc. [1][38]

国海证券研报指出，税友股份深耕G端税务二十余载，B端AI+Saas打开新空间。公司作为国内财税 AI+Saas龙头企业，深耕TOG业务，深度参与金税三期、四期等项目。B端业务上，公司，打造犀友财 税垂域人工智能平台，实现AI Agent+财税融合，引领智慧财税，开创第二增长点。公司所在AIBM生态 市场空间广阔，据弗若斯特沙利文&税友集团发布的《聚焦财税场景的AIBM生态服务行业白皮书》数 据，预计到2028年国内财税AIBM生态服务行业市场规模将达3907.3亿元，2023-2028年CARG达 74.9%。维持"增持"评级。 ...

另一方面，公司积极应对下游客户需求变化及各类挑战，全面拓宽产品和解决方案的行业覆盖，在海外及国内 通用行业市场拓展方面已取得积极进展。为深化战略布局，报告期内公司通过协议转让方式引入了在民航领域 拥有深厚产业背景的战略投资者，双方将共同推动公司在民航基础设施建设及低空管理平台等领域的业务开 拓，标志着公司正式布局低空这一全新优质赛道，有望成为未来业绩的新增长点。 1月19日，苏州科达发布2025年年度业绩预亏公告，预计2025年度实现归属于上市公司股东的净利润为-4.8亿元 至-3.2亿元，上年同期为-2.03亿元，亏损增加1.17亿元至2.77亿元；预计归属于上市公司股东的扣除非经常性损 益后的净利润为-4.86亿元至-3.26亿元。 回溯2024年度经营业绩，公司利润总额为-20,158.12万元，归属于上市公司股东的净利润为-20,345.14万元，归属 于上市公司股东的扣除非经常性损益的净利润为-21,365.05万元，每股收益为-0.4007元。 对于2025年业绩预亏扩大的主要原因，公司从主营业务层面进行了详细说明： 一方面，2025年受国内外宏观经济形势及地缘政治等综合因素影响，公司传统下游客户 ...

中国经济网北京1月20日讯 英方软件(688435.SH)近日发布2025年年度业绩预告。 英方软件首次公开发行股票募集资金总额为80,980.09万元，减除发行费用，募集资金净额为73,166.34万 元。英方软件最终募集资金净额比原计划多15721.8万元。英方软件于2023年1月16日披露的招股说明书 显示，该公司拟募集资金57,444.54万元，分别用于行业数据安全和业务连续性及大数据复制软件升级项 目、云数据管理解决方案建设项目、研发中心升级项目、营销网络升级项目。 英方软件首次公开发行股票发行费用合计7,813.75万元（不含增值税），其中，保荐及承销费5,347.74万 元。 (责任编辑：马欣) 经财务部门初步测算，英方软件预计公司2025年度归属于母公司所有者的净利润为-1,500万元到-1,200 万元，较上年同期相比，亏损规模显著收窄；预计公司2025年度归属于母公司所有者扣除非经常性损益 后的净利润为-3,100万元到-2,700万元。 2024年，英方软件实现营业收入1.90亿元，同比下降21.65%；归属于上市公司股东的净利润为-2858.5万 元，上年同期4446.46万元；归属于 ...

1月20日，光云科技涨6.32%，截至发稿，报27.41元/股，成交3.80亿元，换手率3.40%，总市值116.72亿 元。 资料显示，杭州光云科技股份有限公司位于浙江省杭州市滨江区浦沿街道坚塔街599号光云大厦，成立 日期2013年8月29日，上市日期2020年4月29日，公司主营业务涉及基于电子商务平台为电商商家提供 SaaS产品,在此基础上提供配套硬件、运营服务及CRM短信等增值产品及服务。主营业务收入构成为： SaaS产品85.00%，配套硬件9.72%，其他(补充)3.54%，CRM短信0.96%，运营服务0.78%。 从基金十大重仓股角度 申万菱信数字产业股票型发起式A（018048）基金经理为梁国柱。 截至发稿，梁国柱累计任职时间3年73天，现任基金资产总规模18.26亿元，任职期间最佳基金回报 59.32%， 任职期间最差基金回报-18.51%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快报 数据显示，申万菱信基金旗下1只基金重仓光 ...