重要新闻提示 开普云：终止重大资产重组；拟5000万至1亿元回购股份维护公司价值 中科曙光：2025年实现归母净利润21.13亿元，同比增长10.54% 通威股份：筹划购买丽豪清能100%股权，公司股票今起停牌 财经新闻 1. 据新华社报道，2月24日召开的国务院常务会议，对抓紧做好春节假期后政府工作作出部署，研究推 进银发经济和养老服务发展有关工作，审议通过《关于加强基层消防工作的意见》，讨论《中华人民共 和国水法（修订草案）》。会议指出，我国银发经济潜力很大，要完善支持举措、强化政策落实，促进 养老事业和养老产业发展，为应对人口老龄化提供有力支撑。要进一步释放银发消费需求，提升消费能 力，发挥消费补贴等政策牵引作用，打造一批银发消费新场景新业态。 2. 2月24日，中国人民银行授权全国银行间同业拆借中心公布新一期贷款市场报价利率（LPR），1年期 为3.0%，5年期以上为3.5%，均与上期持平。 3. 据新华社报道，文化和旅游部2月24日公布2026年春节假期文化和旅游市场情况。春节假日9天，全国 国内出游5.96亿人次，较2025年春节假日8天增加0.95亿人次；国内出游总花费8034.83亿元，较20 ...

| 创业板ETF易方达 低费率 | | | | | --- | --- | --- | --- | | 跟踪创业板指数 | | | | | 该指数由创业板中市值大、流 | マ日 | 该指数 | 该指数自2 | | 动性好的100只股票组成,战 | 该指数涨跌 | 滚动市盈率 | 发布以来估 | | 略新兴产业占比较高,电力设 | | | | | 备、通信、电子行业合计占比 | 1.0% | 42.1倍 | 38. 8 | | 近60% | | | | | 创业板200ETF易方达 低费率 | | | | | 跟踪创业板中盘200指数 | | | | | 该指数由创业板中市值中等、 | マ日 | 该指数 | 该指 | | 流动性较好的200只股票组成, | 该指数涨跌 | 滚动市盈率 | | | 反映创业板市场中盘代表性公 | | | | | 司的整体表现,信息技术行业 | 0. 4% | 113.0倍 | 2023年11 | | 占比超40% | | | 发布 | | 创业板成长ETF易方达 | | | | | 跟踪创业板成长指数 | | | | | 该指数由创业板中成长风格突 | | | | | 出、业绩增 ...

可选消费板块下跌，中国中免（601888）跌超10%。 2月24日，港股收盘走低，恒生指数跌1.82%，恒生科技指数跌2.13%。 | 香港股票 △ | | | | --- | --- | --- | | 恒生指数 | 恒生科技 | 恒生生物科技 | | 26590.32 | 5270.70 15654.19 | | | -491.59 -1.82% -114.65 -2.13% -541.42 -3.34% | | | | 港股通消费 | 港股红利 | 港股现金流 | | 1704.19 | 2318.72 | 2555.21 | | -22.73 -1.32% -2.80 -0.12% -41.84 -1.61% | | | 互联网科技股集体走低，阿里巴巴跌2.7%，金山云跌5%，快手、小米等跌逾2%。 | 代码 | 名称 | 现价 | 涨跌 | 涨跌幅 ▲ | 成交额 | | --- | --- | --- | --- | --- | --- | | 0268 | 全蝶国际 | 9.970 c | -0.840 | -7.77% | 7.21亿 | | 0020 | 商沥-W | 2.610 c | - ...

科创创业ETF国泰（588360）跟踪的是科创创业50指数（931643），单日涨跌幅限制达20%，该指数从 科创板与创业板中选取市值较大的50只新兴产业上市公司证券作为指数样本，以反映代表性新兴产业的 整体表现。指数聚焦于电子、电力设备、通信、医药生物等行业，强调科技属性和创新成长性，行业配 置相对均衡。 （文章来源：每日经济新闻） 2月24日，科技行情节后启动，科创创业ETF国泰（588360）收涨超1.1%。 华创证券指出，科技+顺周期仍是市场主线，节奏上科技有望率先启动。春节期间国内科技产业催化不 断：国产大模型的普及和应用显示居民对AI的接受度持续提升，中国AI大模型有望实现弯道超车；同 时，四家机器人企业登上春晚展示，显示出中国人形机器人产业在集群控制、硬件制造和量产能力上的 优势。从配置看，康波周期下的科技博弈有望继续打开估值上限，短期受益于产业催化，机器人、AI 相关产业链有望率先反应。结构上应关注算力硬件、AI应用、机器人、智能驾驶、储能等领域。 ...

当前，以人工智能、高端芯片、商用航天等为代表的硬科技领域，正迎来前所未有的聚焦。这为资本市场 注入了长期且坚实的成长内核，代表创新前沿与产业升级方向的成长板块，或有望成为这轮行情的核心主 线之一。 宏观上，随着传统经济风险逐步出清、新动能持续显现，企业盈利或步入修复通道。流动性上，随着全球 降息周期步入下半场，宏观流动性仍维持宽松，社会财富向权益资产配置的趋势方兴未艾。政策上，"十 五五"规划强调科技产业、居民消费与全国统一市场建设，为成长板块提供持续的催化。 指数工具优势：高效透明，聚焦龙头 近年来，指数化投资以其规则清晰、持仓透明、成本较低的特点，日益成为投资者进行资产配置、把握市 场贝塔收益的重要工具。 创业板50指数成分股集中于电力设备、通信、电子、医药生物等符合国家产业升级方向的战略新兴领域， 前三大行业占比约72%。自基日2010年5月31日以来，创业板50指数累计上涨238.58%，长期回报具有优 势，弹性收益明显。（数据来源：Wind，截至2026.2.6） 在日益复杂的宏观环境中，创业板50指数成分股凭借技术壁垒和商业模式创新，展现出较强的盈利韧性与 增长潜力。（数据来源：Wind，截至20 ...

Market Overview - The Hang Seng Index is expected to hold at 26,000 points, influenced by the hawkish stance of the newly appointed Federal Reserve Chair and a rebound in the US dollar index, which has led to profit-taking in the commodity market [2] - The Chinese GDP growth target for 2026 is anticipated to be set at 4.5%-5%, lower than the previous target of around 5% for 2025, as many provinces have lowered their GDP goals ahead of the Two Sessions [2] - Regulatory measures have been implemented to cool the market, including increased financing margin ratios on the Shanghai and Shenzhen stock exchanges, leading to a collective reduction in leverage across the three markets [2] Sector Focus - AI stocks are expected to perform well due to intensive upgrades in AI large models and rapid growth in the semiconductor industry [3] Corporate News - Estun (002747.SZ), a company specializing in industrial robots, has passed the Hong Kong Stock Exchange listing hearing, targeting high-end industrial equipment markets [10] - Alibaba's Qianwen App facilitated nearly 200 million "one-sentence orders" during the Spring Festival, indicating a significant increase in user engagement [10] - Ant Group reported that its "AI Payment" and Ant Assistant App have both surpassed 100 million users, marking a significant milestone in AI-driven payment solutions [10] - JD Group reported a fourfold increase in user visits to its robot products during the Spring Festival, highlighting a growing interest in robotics and AI-related products [8][10] Economic Indicators - The Hang Seng Index closed at 27,081 points, up 668 points or 2.5%, with a total market turnover of HKD 173 billion [6] - The CRB Commodity Index decreased by 0.28% year-to-date, while gold prices increased by 2.35% [5] - The vacancy rate for Grade A offices in Central Hong Kong fell to 10.1%, the lowest level since 2023, indicating a recovery in leasing demand driven by financial institutions [8][10]

Company News - Tongguan Gold (00340.HK) expects a net profit of approximately HKD 820 million to HKD 840 million in 2025, representing a year-on-year increase of about 289% to 298%, mainly due to increased production and sales of gold and higher average selling prices [1] - China State Construction Industry (00830.HK) anticipates a net profit of approximately HKD 237 million for the fiscal year 2025, down from HKD 650 million in the previous year, primarily due to a decrease in new project volume and revenue [1] - Kintor Group (00148.HK) projects a net profit growth of over 165% in 2025, exceeding HKD 4.32 billion, driven by growth in investment business and profits from copper-clad laminates [1] - Kintor Laminates (01888.HK) expects a net profit increase of over 80% in 2025, exceeding HKD 2.39 billion, attributed to strong demand for copper-clad laminates and upstream materials including fiberglass yarn, fiberglass cloth, and copper foil [1] - China Starch (03838.HK) forecasts total revenue of RMB 10.058 billion in 2025, with a pre-tax profit of RMB 838 million, a significant decrease of approximately 64% year-on-year [2] Other Developments - Wuyi Vision (06651.HK) has successfully completed systematic adaptation and deep optimization of SimOne 4.0 on the Moore Thread MTT S5000 GPU [3] - China Resources Land (03377.HK) issued a total of 1,996,400 new shares due to the conversion of mandatory convertible bonds [3] - Cornerstone Pharmaceuticals-B (02616.HK) received approval from the UK MHRA for a new indication of Sugliucan in the treatment of small cell lung cancer [4] - MIRXES-B (02629.HK) completed the enrollment process for the CADENCE CRC study [5] - Jingrui Holdings (01862.HK) received additional resumption guidance from the Stock Exchange and continues to be suspended [6] Buyback Activities - Xuanwu Cloud (02392.HK) repurchased 4,000 shares at a cost of HKD 6.22778 million, with buyback prices ranging from HKD 1.52 to HKD 1.57 [7] - Geely Automobile (00175.HK) spent HKD 11.263 million to repurchase 659,000 shares, with buyback prices between HKD 16.99 and HKD 17.18 [8] - NetEase Cloud Music (09899.HK) repurchased approximately HKD 14.9977 million worth of 94,500 shares, with buyback prices ranging from HKD 157.2 to HKD 160.9 [9]

医药周报 20260223: 春节期间医药行业重点事件梳理 glmszqdatemark 医药行情回顾&分析&近期判断 1）行情回顾：节前一周（2.9-2.13）医药生物指数环比-0.81%，跑输创业板指数和沪深 300 指数。在所有行业中，节前一周（2.9-2.13）医药涨跌幅排在第 20 位。医药本周缩量 调整，节前交易平淡。结构上看，脑机接口方向表现不错。医药成交总额 4011.15 亿元， 沪深总成交额为 104636.79 亿元，医药成交额占比沪深总成交额比例为 3.83%（2013 年 以来成交额均值为 7.09%）。 2）原因分析：我们认为医药板块近期市场关注度较低，行业整体缺乏显著催化剂，行情仍 以结构性机会为主，前期内部的板块轮动也未能形成持续趋势。我们认为脑机接口或因侵 入式三类证进展预期等多重利好因素表现相对不错。近一段时间医药板块的行情持续验证 我们此前判断，创新产业链和科技创新四大"从 0 到 1"方向路都有演绎，创新药产业逻 辑强，核心标的逐步进入价值赔率区间，中长期维度强化布局。 3）近期观点：医药这轮产业时代底层逻辑是创新和出海，2025 年市场交易的是创新药通 过 BD 出海 ...

Group 1 - Over 800 listed companies have disclosed institutional investor research records since the beginning of the year, with Daikin Heavy Industries being a popular target, attracting over 300 institutions for research [1][3] - In February, Tianneng Wind Power received research attention from over 200 institutions, indicating strong interest in the wind energy sector [1][3] - Daikin Heavy Industries revealed plans for major deliveries of overseas offshore wind monopile projects by 2026, primarily using the DAP delivery model [3] Group 2 - Tianneng Wind Power anticipates accelerated domestic offshore wind bidding and construction from 2025 to 2026, particularly in Guangdong, alongside global demand from Europe, Southeast Asia, Japan, and South Korea, suggesting sustained market growth [3] - Institutional interest is notably high in sectors such as machinery, automotive, and basic chemicals, with significant attention from institutions in the past month [3] - Citic Securities has conducted the most research, exceeding 200 times this year, reflecting a strong interest in A-share listed companies, particularly in bank stocks [3]

前10大净流入比榜 | 股票名称 | 净流入比↓ | 净流入(元) | 收盘价 | | --- | --- | --- | --- | | 南方东西精选(03441) | 1937.29% | 1.88 亿 | 11.650（+0.52%） | | 远大医药(00512) | 149.39% | 3040.81 万 | 7.780（-1.52%） | | 安徽皖通高速公路 | 144.79% | 1238.33 万 | 13.580（+1.80%） | 药明生物（02269）、紫金矿业（02899）、南方恒生科技（03033）南向资金净流出金额位列市场前 三，分别净流出-4.93 亿、-4.57 亿、-3.63 亿 在净流入比方面，南方东西精选（03441）、远大医药（00512）、安徽皖通高速公路（00995）以 1937.29%、149.39%、144.79%位列市场前三。 在净流出比方面，北京首都机场股份（00694）、雅迪控股（01585）、中国能源建设（03996） 以-209.12%、-92.61%、-78.78%位列市场前三。 前10大资金净流入榜 | 股票名称 | 净流入(元)↓ | 净流入比 ...