巨腾国际(03336)公布，于2026年1月14日，该集团发现"暗网"(即地下论坛)页面上发布的一篇帖文，声 称集团部分笔记本电脑遭网络攻击，导致(其中包括)集团相关客户名称、相关项目、相关客户及供应商 联系方式以及相关产品资讯可供出售。 公告称，集团将全力配合网路安全顾问调查该事件。集团将继续加强资讯系统安全措施，致力保护其数 据安全，以防日后发生同类事件。 在发现该事件后，集团立即采取行动查明情况及数据安全泄漏程度。集团已展开彻底调查，并将委聘一 家网路安全顾问公司以(其中包括)评估未经授权访问及数据泄漏的程度;该事件的根本原因;以及全面审 查集团系统及伺服器的安全性。于本公告日期，上述调查仍在进行中，尚未能确定未经授权访问的程 度;集团的任何其他数据或资讯是否有任何外泄;以及其泄漏的程度及内容(如有)。待调查完成后，集团 会根据有关结果采取适当的进一步行动。 ...

在发现该事件后，集团立即采取行动查明情况及数据安全泄漏程度。集团已展开彻底调查，并将委聘一 家网路安全顾问公司("网路安全顾问")以(其中包括)评估未经授权访问及数据泄漏程度；该事件根本原 因；以及全面审查集团系统及伺服器安全性。于本公告日期，上述调查仍在进行中，尚未能确定未经授 权访问程度；集团任何其他数据或资讯是否有任何外泄；以及其泄漏程度及内容(如有)。待调查完成 后，集团会根据有关结果采取适当进一步行动。 集团将全力配合网路安全顾问调查该事件。集团将继续加强资讯系统安全措施，致力保护其数据安全， 以防日后发生同类事件。 格隆汇1月15日丨巨腾国际(03336.HK)公告，于2026年1月14日，集团发现"暗网"(即地下论坛)页面上发 布一篇帖文，声称集团部分笔记本电脑遭网络攻击，导致(其中包括)集团相关客户名称、相关项目、相 关客户及供应商联系方式以及相关产品资讯可供出售。 ...

Group 1 - Lenovo (Singapore) Private Limited has applied for a patent titled "Electronic Device" with publication number CN121326109A, filed on June 2025 [1] - The patent abstract describes an electronic device that includes a flat rectangular chassis, which consists of a side wall frame formed by bending extruded material to create at least three side walls [1] - The device features a cover designed to form one surface of the chassis in combination with the side wall frame, and a board frame that has a board shape positioned between the facing portions of the three side walls [1] Group 2 - The board frame includes two partition walls intersecting with the board-shaped portion at an angle, creating a space surrounded by the board-shaped portion and the two partition walls on the three sides [1] - A stop block is fitted from the side into the space, and a portion of the edge of the cover is sandwiched between the side wall frame and the stop block [1]

有投资者在互动平台向 瑞可达提问：公司是特斯拉的供应商，在马斯克全线战略中，公司的产品不仅 可以用于汽车，在 储能，机器人，航天领域都有应用，公司是否认真研究了马斯克先生关于 太空算力 以及 人形机器人的战略，产品线与研发及销售拓展是否有全面跟进？是否不仅限于特斯拉，比如 Xspace，XAI也有计划拓展合作？ 瑞可达回复称，公司为美国T公司的 连接器产品重要供应商，涉及多 个领域，基于保密协议不便公开披露。 ...

格隆汇1月15日｜有投资者在互动平台向瑞可达提问：公司是特斯拉的供应商，在马斯克全线战略中， 公司的产品不仅可以用于汽车，在储能，机器人，航天领域都有应用，公司是否认真研究了马斯克先生 关于太空算力以及人形机器人的战略，产品线与研发及销售拓展是否有全面跟进？是否不仅限于特斯 拉，比如Xspace，XAI也有计划拓展合作？ 瑞可达回复称，公司为美国T公司的连接器产品重要供应 商，涉及多个领域，基于保密协议不便公开披露。 ...

Core Viewpoint - 招银国际 reaffirms "Buy" rating for丘钛科技 (01478) with a target price of HKD 13.18, reflecting a 17x FY26E P/E ratio, down from 19.5x FY25E P/E due to headwinds in the smartphone industry [1] Group 1: Company Performance -丘钛科技 expects a profit increase of 400-450% year-on-year for 2025, exceeding both the bank's and market expectations, driven mainly by growth in non-mobile businesses (handheld devices, automotive, XR) and upgrades in camera and fingerprint modules [1] - The company anticipates that non-mobile business will become the main growth driver, with FY26E/27E revenue expected to grow by 42%/30%, contributing 40%/47% to total revenue in FY26/27E [1] Group 2: Market Dynamics - Recent catalysts for丘钛科技 include orders from IoT clients, handheld devices, drones, and FY26E performance guidance [1] - The growth in non-mobile segments is driven by demand from IoT clients for drones and handheld devices, as well as specification upgrades [1]

Core Insights - Visa has become the first international card organization to support Apple Pay card binding for Chinese cardholders, enhancing payment convenience [1] - The collaboration aims to facilitate cross-border payments, allowing users to make contactless payments abroad using Apple Pay with Visa cards [2][4] - Visa's payment tokenization technology is a key security feature that enhances the safety of mobile payments and e-commerce experiences [4][5] Group 1: Visa and Apple Pay Collaboration - Visa supports both single and dual-branded cards for Apple Pay binding, with initial backing from eight major banks in China [1] - The partnership is expected to expand, with additional banks like Shanghai Pudong Development Bank and China Construction Bank joining in the future [1] - This collaboration marks a significant shift as Apple Pay previously only supported UnionPay cards in China [1][7] Group 2: Payment Convenience and Security - The integration allows for seamless in-store payments abroad, requiring only a double-click of the side button on the device for authentication [2] - Each transaction is secured through Face ID, Touch ID, or device password, ensuring a secure payment process [2] - Visa's tokenization service removes sensitive card information during transactions, significantly reducing fraud risk [4][5] Group 3: Market Impact and Future Developments - Visa aims to enhance the payment experience for cardholders both domestically and internationally, with plans to upgrade existing dual-branded cards by 2025 [8] - The company has achieved over 50% of e-commerce transactions utilizing payment tokenization, with a goal of reaching 100% [5] - Visa's global network connects approximately 1.75 million merchants across over 220 countries, serving more than 4.9 billion cardholders [8]

Group 1 - The A-share market opened lower on January 15, with AI application themes retreating and sectors like CRO, commercial aerospace, brain-computer interfaces, and nuclear fusion concepts experiencing significant declines [1] - As of January 13, over 70 billion yuan of public fund capital has flowed into the equity market for 2026, with newly launched rights funds, newly established funds still in the building phase for 2025, and on-site trading open-end index funds being the three main channels [1] - CITIC Securities forecasts that the global interest rate cut cycle will enter its second half in 2026, characterized by "internal and external easing resonance" and a shift from "extraordinary to normal" macro liquidity [1] Group 2 - The A500 ETF (512050) provides investors with a convenient way to invest in core A-share assets, benefiting from valuation increases, with advantages such as a low fee rate of 0.2%, good liquidity with an average daily trading volume exceeding 5 billion yuan, and a large scale of over 40 billion yuan [2] - The A500 ETF tracks the CSI A500 Index, employing a dual strategy of industry balanced allocation and leading stock selection, covering all 35 sub-industries and integrating value and growth attributes [2] - Investors are encouraged to consider related products such as the A500 ETF (512050) and the A500 Enhanced ETF (512370) [2]

Group 1 - The core view of the report is that the company, Q Tech (01478), maintains a "outperform" rating with a target price of HKD 14.97, indicating a potential upside of 46.5% from the current stock price [1] - The company has issued a positive profit forecast, expecting a year-on-year increase of 400-450% in net profit attributable to shareholders for 2025, amounting to approximately RMB 1.4-1.53 billion, significantly exceeding both the bank's and market expectations [1] - The bank has revised its net profit estimates for 2025 and 2026 upwards by 109% and 12% respectively, projecting net profits of RMB 1.469 billion and RMB 0.952 billion, with 2027 revenue expected to reach RMB 27.7 billion and net profit of RMB 1.21 billion [1] Group 2 - The company’s non-mobile product shipment volume is expected to double year-on-year, with a forecast of 25.59 million non-mobile CCM units shipped in 2025, representing a 111% increase, and a significant 163% growth in the second half of 2025 [1] - The growth in non-mobile products is driven by high demand for handheld imaging devices, strong sales from automotive clients in the second half, and expansion into IoT fields such as AI glasses and robotics [1] - The bank anticipates that the gross margin for non-mobile CCMs will improve in the second half of 2025 due to economies of scale [1] Group 3 - For mobile products, the company is expected to ship 435 million mobile CCM units in 2025, reflecting a 3% year-on-year growth [2] - Despite an increase in overseas customer share leading to a decrease in the proportion of shipments over 32MP to 48%, sales of high-end periscope and OIS modules are expected to grow significantly [2] - The overall shipment volume of FPM is projected to be 203 million units in 2025, a 26% increase, with ultrasonic FPM shipments expected to reach 41.55 million units, marking a 389% year-on-year growth, thereby enhancing product value [2]

Group 1: Fiscal and Economic Policies - The Ministry of Finance held a video conference to promote a package of fiscal and financial policies aimed at boosting domestic demand, emphasizing the need for streamlined processes and effective policy implementation [1] - A meeting was convened by three departments to address the competitive order in the new energy vehicle industry, stressing the importance of resisting disorderly price wars and ensuring fair competition [2] Group 2: Monetary Policy and Market Operations - The People's Bank of China announced a 900 billion yuan reverse repurchase operation scheduled for January 15, 2026, with a term of six months to maintain liquidity in the banking system [3] Group 3: Technological Advancements and Industry Development - Shanghai aims to achieve large-scale application of high-level autonomous driving scenarios by 2027, supported by a comprehensive action plan to enhance technological innovation and industry competitiveness [4] - The Ministry of Science and Technology plans to accelerate the implementation of key tasks and major initiatives for the "14th Five-Year Plan" period, focusing on strengthening original innovation and high-end industry leadership [12] Group 4: Investment Trends and Market Activity - The establishment of the "Honghu Fund Phase 3" indicates an influx of long-term capital into the insurance asset management sector, with a focus on quality listed companies aligned with policy directions [4] - The A-share market remains active, with trading volumes exceeding 3.5 trillion yuan for three consecutive days, indicating a strong upward trend as long as volumes stay above 3 trillion yuan [11] Group 5: Corporate Developments and Financial Performance - ByteDance is developing a new generation of AI headphones, with production outsourced to GoerTek, highlighting the growing emphasis on audio technology in the consumer electronics sector [6] - The Ministry of Finance and other departments announced an extension of personal income tax policies to support residents in upgrading their housing, effective from January 1, 2026, to December 31, 2027 [13]