来源：观点地产网 此外，特区政府将联同监管机构、交易所及业界，共同探索更多提升市场发展的新措施，包括进一步丰 富产品种类、优化交易机制，例如发展债券与股票互通的托管管理系统，推动跨产品、跨市场、跨范畴 的抵押品互通，以提升市场流动性。在中央支持下，预计更多内地企业将通过香港融资「出海」，进行 全球产业链及供应链布局；同时，随着互联互通机制持续深化，将为市场带来更大流动性。政府亦会积 极拓展与海外市场联系，开拓新资金来源，争取更多海内外发行人来港上市，并推动与海外市场的交易 所买卖基金（ETF）互挂，全面提升香港股票市场的广度与深度。 免责声明：本文内容与数据由观点根据公开信息整理，不构成投资建议，使用前请核实。 陈茂波又指，虽然今年外围环境仍然复杂多变，波动在所难免，但香港凭借自由开放公平的市场环境、 稳定的经贸金融政策，以及持续推动市场改革、完善基建及风险管理，成功吸引国际投资者视香港为 「安全港」，增加对本地市场的配置。他形容香港资本市场具备「骏马」特质，能够奔腾向前、跨越险 阻，像骏马一样在挑战中持续迈进。 观点网 香港报导：2月20日，香港财政司司长陈茂波在港交所马年新春开市仪式致辞时表示，刚过去的 ...

港股频道更多独家策划、专家专栏，免费查阅>> 消息面上，香港证券及期货事务监察委员会网站更新的信息显示，胜利数码科技有限公司旗下的虚拟资产交易平台VDX已 于2月13日获颁虚拟资产交易平台运营牌照。 2月20日，延续上一个交易日的涨势，胜利证券(8540.HK)今日盘中再度大涨超17%，报5.9港元。 责任编辑：安东 ...

Market Overview - The Hang Seng Index and Hang Seng Tech Index opened lower, with the Hang Seng Index dropping by 1.31% at one point and currently down by 0.68% [1] - The Hang Seng Tech Index saw a decline of 2.7% at its lowest, now down by 2.02% [1] Hang Seng Tech Index Details - The Hang Seng Tech Index opened at 5330.61, with a current value of 5259.18, reflecting a decrease of 108.34 points or 2.02% [2] - The trading volume for the day is 2.2 billion, with a market capitalization rate of 21.7 [2] Hang Seng Index Details - The Hang Seng Index opened at 26657.84, currently at 26524.99, down by 180.95 points or 0.68% [3] - The trading volume is reported at 23.4 billion, with a market capitalization rate of 12.1 [3] Notable Stock Movements - Hai Zhi Technology Group (2706.HK) surged by 19.25%, while MINIMAX-WP (0100.HK) increased by 11.63%, and Zhi Pu (2513.HK) rose by 18.31%, with a total market capitalization reaching 268 billion HKD [3] - Victory Securities (8540.HK) saw a rise of 13.12% following the approval of its virtual asset trading platform [7][8] - Bitcoin-related stocks, such as Xing Tai Chain Group (0399.HK), increased by 46.67% amid news of upcoming stablecoin licenses in Hong Kong [8] Declines in Tech Stocks - Major tech stocks experienced declines, with Kingdee International and Baidu Group dropping over 5%, and Alibaba and Bilibili falling over 4% [10] - Other notable declines include Netease down by 3.95%, and Tencent Holdings down by 2.25% [10][11] Gains in Other Sectors - Midea Group, Horizon Robotics, and SenseTime saw increases, with Midea Group rising by 1.47% [12]

Group 1 - The core viewpoint of the article highlights the approval of CITIC Securities' business scope change by the CSRC, which is a crucial step in integrating Guangzhou Securities' assets and addressing competition issues between parent and subsidiary companies, thereby enhancing operational efficiency [1] - During the Spring Festival, CITIC Securities will hold a series of conference calls covering seven major industries, including batteries, communications, and computer models, indicating the company's proactive approach to seizing market opportunities [1] - As of February 13, 2026, CITIC Securities' A-shares closed at 27.62 yuan, down 0.90%, with a trading volume of 3.033 billion yuan, reflecting a slight decline in stock prices before the holiday [2] Group 2 - Multiple institutions, including CITIC Jiantou, express optimism about the spring market, focusing on high-growth sectors such as AI applications and commercial aerospace, suggesting that CITIC Securities, as an industry leader, may benefit from increased market activity [3] - On February 13, 2026, the net outflow of main funds from A-shares was 251 million yuan, while retail funds saw a net inflow of 278 million yuan, indicating a clear risk-averse sentiment among investors before the holiday [2]

Core Viewpoint - The Hong Kong government is optimistic about the market outlook for the Year of the Horse, despite a complex external environment, and aims to enhance market competitiveness through reforms and technological advancements [1] Group 1: Market Outlook - The Financial Secretary of Hong Kong, Paul Chan, expressed optimism for the market in the Year of the Horse, citing a favorable market environment and ongoing reforms [1] - The Hang Seng Index saw a significant increase of 6,500 points last year, representing a 32% year-on-year rise, marking the best performance in the Year of the Snake [1] Group 2: Technological Advancements - Rapid technological changes, including AI, life sciences, and quantum computing, are reshaping Hong Kong's competitiveness and influencing market development [1] - The Hong Kong government plans to attract more technology companies to list in the region and collaborate with regulatory bodies to explore new measures to enhance market competitiveness [1] Group 3: Market Infrastructure and Connectivity - The government aims to manage risks and disruptions effectively while continuing to improve market infrastructure and development [1] - The deepening and expansion of connectivity mechanisms are expected to bring higher liquidity to the capital markets [1]

格隆汇2月20日｜延续上一个交易日的涨势，胜利证券(8540.HK)今日盘中再度大涨超17%，报5.9港元。消息面上，香港证券及期货事务监察委员会网站 更新的信息显示，胜利数码科技有限公司旗下的虚拟资产交易平台VDX已于2月13日获颁虚拟资产交易平台运营牌照。 ...

Group 1 - The core viewpoint of the articles highlights a significant shift in investment behavior among residents, moving from traditional bank deposits to diversified financial products such as bank wealth management, stocks, and gold, driven by declining deposit rates [1][2][3] - In 2025, gold emerged as a standout asset, achieving a price of over $4,300 per ounce with a 65% annual increase, while silver also performed well, rising by 129.83% due to demand in green energy sectors [5][6] - The A-share market experienced a notable recovery, with the Shanghai Composite Index rising from a low of 3,096 points to over 4,000 points by October 2025, driven by technological advancements and institutional support [6][15] Group 2 - The global economic landscape in 2025 was characterized by a slowdown in growth and geopolitical tensions, yet capital markets saw a bull run in commodities, particularly in gold and silver, while the bond market remained stable [2][3] - Institutions surveyed indicated a strong preference for equities, with 70.80% believing stocks would be the most valuable asset in 2025, a significant increase from 46.15% in 2024 [1] - The investment strategy for 2026 is expected to focus on managing uncertainty, with a continued emphasis on A-shares and gold as primary assets [2][10] Group 3 - The outlook for 2026 suggests that the bull market may continue, with expectations of a weaker dollar and ongoing demand for precious metals, particularly gold and silver, which are projected to reach prices of $6,300 to $6,600 per ounce by the end of 2026 [9][10] - The anticipated increase in the Chinese yuan's value may influence foreign investment behavior, with a gradual appreciation expected to support market liquidity [10][12] - Analysts predict that the investment landscape will shift towards a more balanced approach, focusing on corporate earnings recovery and technological advancements as key drivers for market performance in 2026 [13][14]

智通财经APP获悉，胜利证券(08540)涨超13%，截至发稿，涨13.12%，报5.69港元，成交额119.73万港 元。 消息面上，胜利证券公布，旗下一间联营公司胜利数码科技有限公司，已接获证券及期货事务监察委员 会有关申请证券及期货条例第116条项下进行第一类(证券交易)及第七类(提供自动化交易服务)受规管活 动的牌照(证券及期货条例牌照)；及《打击洗钱及恐怖分子资金筹集条例》(打击洗钱条例)第53ZRK条 项下提供有关营运一个虚拟资产(虚拟资产)交易所的虚拟资产服务的牌照(打击洗钱条例牌照)的正式通 知。证券及期货条例牌照及打击洗钱条例牌照已获证监会批准，惟须遵守证监会施加的若干条件。 鉴于近年虚拟资产相关业务在香港政府支持下迅速发展，董事会认为，胜利数码科技经获取有关监管批 核后营运虚拟资产交易平台乃符合集团策略为客户提供更为多元的服务，创造机会使集团各业务线之间 产生协同效应，并会为集团增值。此外，继胜利数码科技获发牌照后，集团目前已成为少数取得证监会 引入的全面监管制度下虚拟资产生态系统关键环节的市场参与者。董事会预期，虚拟资产业务分部将会 迎来更多业务机遇，能继续扩张，并为集团开创新的收入来源 ...

每经AI快讯，2月20日，截至发稿，胜利证券(08540.HK)涨13.32%。 ...

记者|马原 | 美元兑日元 | | | 155.14350 | | | +0.14350 +0.09% | | --- | --- | --- | --- | --- | --- | --- | | 155.243 | | | | | | | | 155.121 | | | | | | | | 155.000 | | | | | | | | 154.878 | | | | | | | | 154.757 | | | | | | | | 17:00 | 21:00 | 01:00 | 05:00 | 09:00 | 13:00 | 16:59 | 编辑|程鹏 易启江校对|金冥羽 2月20日，韩国KOSPI指数开盘涨幅0.27%，盘中上涨1.13%触及5741.44点，创下历史新高，截至发稿， 涨幅回落至1.09%，报5739.02点。 日经225指数开盘跌0.89%，盘中一度跌超1.28%，跌超733点。截至发稿，跌幅为1.11%，报56828.33 点。 日本1月CPI同比上升1.5%，1月核心CPI同比上升2.0%。日本2月综合PMI初值53.8，前值53.1。日本2月 制造业PMI初值52.8，前值51. ...