Market Overview - On February 4, the Hong Kong Hang Seng Index rose by 0.05% to close at 26,847.32, while the Hang Seng Tech Index fell by 1.84% to 5,366.44 [1][2]. Technology Sector Performance - The technology sector continued its poor performance, with notable declines in several companies: Kingdee International dropped over 12%, Trip.com fell over 6%, and Tongcheng Travel decreased by more than 5%. Tencent Holdings, Bilibili, and NetEase all saw declines exceeding 3% [2][3]. Semiconductor Sector Performance - The semiconductor sector experienced significant declines, with Naxin Micro falling over 6%, Tianyu Semiconductor down over 6%, and Shanghai Fudan dropping over 5%. Other companies like Huahong Semiconductor and Zhaoyi Innovation also reported declines of nearly 5% and over 3%, respectively [3][4]. Coal Sector Activity - Coal stocks were active, with Yancoal Australia rising over 10%, China Shenhua increasing by over 5%, and Zhongmei Energy up by over 8% [5][6]. Real Estate Sector Performance - The domestic real estate sector saw substantial gains, with Shimao Group increasing by over 14%, New World Development rising over 10%, and Sunac China up by over 8%. Vanke Enterprises also reported an increase of over 6% [7][8].

2月4日，港股收盘，恒生指数涨0.05%，恒生科技指数跌1.84%。煤炭股涨幅居前，兖矿能源涨超10%， 中国神华涨超5%。芯片股走低，上海复旦跌超5%，华虹半导体跌近5%，中芯国际跌超2%。科网股低 迷，腾讯控股跌近4%，哔哩哔哩跌超3%，百度集团跌近3%。 ...

机构观点 2月4日，港股股指早盘震荡走低，午后股指集体拉升高位窄幅震荡，截止收盘，恒指指数上涨12.55 点，涨幅0.05%报26847.32点，恒生科技指数下跌100.82点，跌幅1.84%报5366.44点，国企指数下跌4.73 点，跌幅0.05%报9048.38点。 盘面上，芯片股走低，上海复旦跌超5%，华虹半导体跌近5%，兆易创新跌超3%，中芯国际跌超2%。 科网股低迷，腾讯控股跌近4%，哔哩哔哩跌超3%，百度集团跌近3%。煤炭股涨幅居前，兖矿能源涨超 10%，中国神华涨超5%。内房股走高，世茂集团涨超14%，融创中国涨超8%，万科企业涨超6%，越秀 地产涨超6%。 盘面情况 盘面上，各板块表现可谓"冰火两重天"。 在科技领域，企业合作与业务进展亮点频出。英诺赛科旗下相关产品成功完成在谷歌公司相关AI硬件 平台的重要设计导入，并签订合规供货协议，这一突破为其在AI硬件市场站稳脚跟奠定了坚实基础。 英矽智能也不甘示弱，获美纳里尼3900万港元里程碑付款，且合作项目MEN2501完成首例患者给药， 标志着其在医药科技研发上迈出了重要一步。数盟资本同样有新动作，其迪拜附属公司与一间澳门分销 商签订总额为30 ...

Market Overview - The Hong Kong stock market indices opened lower and continued to decline, with the Hang Seng Index down 0.41% to 26,724.50 points, the Hang Seng Tech Index down 2.2%, and the National Enterprises Index down 0.54% [1][9][10] - Technology stocks experienced widespread declines, with Bilibili down over 4%, Tencent down over 3%, and other major companies like Baidu, NetEase, Kuaishou, Xiaomi, Meituan, and Lenovo down over 2% [1][9][10] Sector Performance - Coal stocks showed strength, with Feishang Non-Smoking Coal rising over 33% [1][9][10] - The application software sector faced significant declines, with Jushuitan falling over 9% [1][9][10] Notable Company Movements - Guoen Technology saw a first-day increase of over 16% after its IPO, with a subscription rate of 2,251.85 times during the public offering phase [1][9][10] - The public offering consisted of 3 million shares, accounting for approximately 10% of the total shares offered, with around 171,000 valid applications received [1][9][10] Analyst Insights - GF Securities noted that the daily consumption of thermal coal remains at a high level, and with the overall supply expected to tighten ahead of the Spring Festival, coal prices are likely to remain stable [2][10] - The first round of price increases for coke has been successfully implemented, and overall purchasing sentiment in downstream sectors is positive, suggesting that coke prices may rise steadily [2][10]

展望后市，瑞银预测金价的上行情景目标价为7200美元/盎司，下行情景目标价为4600美元/盎司。该机 构认为，美联储立场若转向鹰派，可能加剧金价下行风险，而地缘紧张局势急剧升级则可能驱动金价更 接近上行情景。整体而言，瑞银继续看好黄金，并在全球资产配置中维持对黄金的看涨立场。 新股方面，今日国恩科技（HK02768）在港交所上市，首日高开25%，随后涨幅扩大到34%。 2月4日，港股市场小幅低开。 截至发稿，恒生指数开盘报26797.05点，下跌37.72点，跌幅0.14%。 | 分析 5日 = 5分 15分 30分 60分 日报 高K 月K 年K + | 前景区~ 其他· 黑ノ二 恒生指数 (HSI) | | | | | | --- | --- | --- | --- | --- | --- | | 學生福歌 培林 · | 00000 26797.05 | | | 4-37-72 | | | | +-28058.10 28000.0 | 行情报价 | | | | | | | 域交通 | 1,64亿 超源 | 25797.05 今天 | 26797.05 | | | | 成交服 | 42.9亿 最低 | 24 ...

Market Overview - The A-share market opened lower with the Shanghai Composite Index down 0.08%, the Shenzhen Component down 0.39%, and the ChiNext Index down 0.80% [3][4] - The Hong Kong market also opened lower, with the Hang Seng Index down 0.14% and the Hang Seng Tech Index down 0.87% [5][6] Sector Performance - The storage chip sector experienced significant declines, with companies like Deep Kangjia A hitting the daily limit down, and others such as Puran, Lanke Technology, Baiwei Storage, and Shannon Chip also opening lower [2] - The AI computing power industry chain saw a downturn, particularly in the storage and CPO sectors, while semiconductor and consumer electronics themes were among the hardest hit [4] - Conversely, gold, basic metals, and oil and gas sectors showed signs of rebound [4]

银河证券指出，展望未来，全球地缘政治风险扰动仍存，美联储降息预期下降，预计港股持续震荡。配 置方面，建议关注以下板块：(1)科技板块仍是中长期投资主线，在产业链涨价、国产化替代、AI应用 加速推进等多重利好共振下，有望震荡上行。(2)地缘政治局势反复无常，能源、贵金属(核心股)(核心 股)等板块有望震荡上行。(3)消费板块当前估值处于相对低位，临近春节，促消费政策有望增多，消费 板块有望实现反弹。 华泰证券表示，1月下旬反弹以来，情绪指数在短短16天内就从恐慌区间进入乐观区间，我们在之前也 提示以投资心态而非投机心态看待港股机会。经历了如此调整后，当前的核心问题是波动的持续性和会 不会终结市场表现。当前情绪已在乐观区间，且拥挤度尚未明显回落，波动短期或持续，但更多是回撤 而不是反转。一季度市场空间的三个驱动因素——流动性改善、资金面共振与盈利预期上修仍然成立。 建议更应立足中期视角，重视空间，淡化斜率。板块上以业绩确定性公司作为底仓，近期回调程度较高 的科技+周期耗材主线并未变化，可择机增配。 本文转载自"腾讯自选股"，智通财经编辑：徐文强。 恒生指数低开0.14%，恒生科技指数跌0.87%。科网股走低。国恩 ...

快手跌超4%， 百度集团跌超3%； 中芯国际、哔哩哔哩跌超2%，阿里巴巴、美团、小米集团等跌超1%；华虹半导体、美的集团、网易等走高。 | 名称 | 现价 | 涨跌幅 - | | --- | --- | --- | | 快手-W | 73.450c | -4.61% | | 百度集团-SW | 141.400 c | -3.61% | | 腾讯控股 | 581.000 c | -2.92% | | 哔哩哔哩-W | 253.000 c | -2.54% | | 中古国际 | 70.450 c | -2.42% | | 美团-W | 93.200 c | -1.74% | | 蔚来-SW | 36.340 c | -1.46% | | 零跑汽车 | 39.600 c | -1.44% | | 阿里巴巴-W | 161.000 c | -1.41% | | 小米集团-W | 34.600 c | -1.31% | | 比亚迪股份 | 90.000 c | -1.10% | | 京东健康 | 60.300 c | -1.07% | | 金山软件 | 29.180c | -1.02% | | 京东集团-SW | 10 ...

港股午间收盘，恒生指数涨0.20%，国企指数跌0.22%，恒生科技指数跌1.32%。 科网股集体低迷，快手、哔哩哔哩跌超4%，百度集团、腾讯控股跌逾3%，阿里巴巴、美团跌近2%。 黄金股反弹，万国黄金集团涨超6%，潼关黄金涨逾4%，灵宝黄金、紫金黄金国际涨超3%。 南向资金半日净买入额为4423万港元，其中沪港通净买入16.68亿港元，深港通净卖出16.24亿港元。 ...

2月3日消息，港股三大指数涨跌不一。截至午间收盘，恒生指数涨0.2%，报26830.23点，恒生科技指数 跌1.32%，国企指数跌0.22%。盘面上，科网股普跌，快手、哔哩哔哩跌超4%，百度、腾讯跌超3%，阿 里巴巴、小米、美团跌超1%；商业航天概念股涨幅居前，亚太卫星涨超9%；中资券商股走弱，中金公 司跌超2%；东鹏饮料港股首日破发。 | 名称 | 最新价 | 涨跌额 | 涨跌幅 ^ | | --- | --- | --- | --- | | 恒生科技指数 | 5453.46 | -72.85 | -1.32% | | 800700 | | | | | 国企指数 | 9060.38 | -19.81 | -0.22% | | 800100 | | | | | 恒生指数 | 26830.23 | +54.66 | +0.20% | | 800000 | | | | 商业航天概念股涨幅居前，亚太卫星涨超9%。SpaceX官网发布马斯克署名的公告，宣布SpaceX已收购 xAI，合并后公司将整合人工智能、火箭、天基互联网、移动设备直连的通信。此外，SpaceX近日向美 国联邦通信委员会提交申请部署百万颗卫星，以构 ...