Market Performance - The Hong Kong stock market opened lower and closed with a slight rebound, with the Hang Seng Index down 1.17% at 26,149.31 points, the Hang Seng Tech Index down 1.05% at 5,678.34 points, and the National Enterprises Index down 1.09% at 9,039.34 points [1] - Major tech stocks declined, with Alibaba down 2.26%, Tencent down 1.36%, JD.com down 2.02%, and Meituan down 3.35% [1] - The semiconductor sector saw gains, with Shanghai Fudan up over 5% and Huahong Semiconductor up over 2% [1] - Coal stocks led the gains, with Jinma Energy up over 11% [1] Company News - Xinyi International (00732.HK) reported a cumulative net operating revenue of approximately HKD 16.534 billion for 2025, a decrease of about 7.3% year-on-year [2] - China Overseas Development (00688.HK) reported a cumulative contract property sales amount of approximately RMB 251.231 billion for 2025, down 19.1% year-on-year [2] - Greentown China (03900.HK) reported a total contract sales amount of approximately RMB 251.9 billion for 2025, a decrease of 9% [2] - China Overseas Hongyang Group (00081.HK) achieved a contract sales amount of RMB 2.57 billion for December 2025, down 43.9% year-on-year [3] Strategic Developments - China Carbon Neutrality (01372.HK) signed a tripartite strategic cooperation agreement with China Tower and China Recycled Resources to jointly create a lithium battery circular economy ecosystem [4] - Guofu Hydrogen Energy (02582.HK) entered into a pre-purchase order agreement for hydrogen energy project equipment in Tasmania, Australia [4] - Lijun Pharmaceutical (01513.HK) had its Lecanemab injection included in the priority review and approval process [4] Stock Buybacks - Xiaomi Group (01810.HK) repurchased 3.9 million shares for HKD 149 million at prices between HKD 38.12 and HKD 38.20 [9] - Tencent Holdings (00700.HK) repurchased 1.023 million shares for HKD 636 million at prices between HKD 615.5 and HKD 628 [9] - Geely Automobile (00175.HK) repurchased 3.388 million shares for HKD 59.156 million at prices between HKD 17.38 and HKD 17.65 [10] Institutional Insights - Guolian Securities remains optimistic about the AI value reassessment trend in China, suggesting a focus on platform-based internet companies with computational resources and model capabilities [12] - Guoyuan International notes that the Hong Kong stock market is currently in a relatively flat period, awaiting further catalysts, with potential inflows of new capital following the announcement of the new Federal Reserve Chairman [13] - Qianhai Open Source's Yang Delong predicts that the Hong Kong stock market, including the Hang Seng Index and Hang Seng Tech Index, may regain upward momentum in 2026, driven by capital inflows [13]

Group 1: Market Outlook - Goldman Sachs predicts that Chinese stocks will be supported by artificial intelligence and policy measures, with the MSCI China Index expected to rise by 20% by the end of 2026, and the CSI 300 Index projected to increase by 12% to 5200 points [1] - As of the first trading day of 2026, the CSI 300 Index has already risen by 3.5%, reaching a four-year high, while the MSCI China Index has increased by approximately 3.6%, outperforming the S&P 500 [1] Group 2: Earnings-Driven Growth - The core argument of Goldman Sachs' report is that returns in 2026 will be primarily driven by earnings growth, supported by artificial intelligence, "going global" strategies, and anti-involution policies [2] - Five major capital flows are expected to support the market: net southbound capital inflows potentially reaching a record $200 billion; domestic asset reallocation bringing about 3 trillion RMB into the stock market; total dividends and buybacks nearing 4 trillion RMB; global active funds possibly increasing their allocation to Chinese stocks; and IPO financing exceeding $100 billion [2] Group 3: Investment Logic - On a macro level, Goldman Sachs has raised its forecast for China's real GDP growth in 2026, citing resilient exports as a key driver, with a trend towards diversification and quality improvement in export destinations [4] - The report indicates that the valuation of the MSCI China Index and CSI 300 has recovered to mid-cycle levels, with forward P/E ratios of 12.4x and 14.5x, respectively, around or slightly above the 10-year average [4] Group 4: Sector and Company Insights - Goldman Sachs expects the TMT sector (technology, media, and telecommunications) to have the highest earnings growth forecast at approximately 20%, driven by AI-related revenue growth and increased capital expenditures [5] - The firm holds an "overweight" view on several sectors, including technology hardware, media/entertainment, internet retail, materials, and insurance, benefiting from various supportive factors [5] - A list of ten leading Chinese companies comparable to the "Big Seven" in the U.S. stock market includes Tencent, Alibaba, CATL, Xiaomi, BYD, Meituan, NetEase, Hengrui Medicine, and Trip.com, with a total market capitalization of $1.7 trillion, accounting for 40% of the MSCI China Index [6]

1月8日，针对最近网络上流传出的"腾讯微信新规则"的图片，微信派官方发文辟谣称是"我都不知道的 图"，并强调，正常的社交行为不会受到任何限制。微信不会因为用户好友数量较多、长期在固定地点 登录、与亲友互动频繁等正常使用情况，而对账号进行处置。 微信派尝试翻译了下图片中的内容，大意是： 如果聊天发的东西重复了，会觉得你"没创意"，封了。 总结一下：按这图里说法，在微信，太活跃不行，太安静不行，太有钱不行，太讨人嫌也不行。 微信派表示，这类谣言这实际上是黑灰产团伙为掩盖其违法活动而编造的"甩锅文学"。为了逃避打击， 黑灰产团伙为自己账号被处理寻找借口，企图混淆视听。（比如经典发言：我就给别人朋友圈点了个 赞，号就没了？） 责任编辑：李昂 1月8日，针对最近网络上流传出的"腾讯微信新规则"的图片，微信派官方发文辟谣称是"我都不知道的 图"，并强调，正常的社交行为不会受到任何限制。微信不会因为用户好友数量较多、长期在固定地点 登录、与亲友互动频繁等正常使用情况，而对账号进行处置。 如果宅家里一个月不动，会觉得你"太懒"，封了。 如果发朋友圈或点赞太勤，会觉得你"招人烦"，封了。 如果加好友速度快了，会觉得你"社交牛杂 ...

本文源自：金融界AI电报 港股哔哩哔哩(09626.HK)短线拉升，现涨超3%。 ...

Core Viewpoint - The article highlights a significant shift in the market, with Google's market capitalization surpassing Apple's for the first time since 2019, reflecting a structural transformation in the tech industry driven by AI advancements [3][5]. Group 1: Market Positioning - As of January 7, 2026, Google's market capitalization reached $3.89 trillion, while Apple's stood at $3.85 trillion, marking a notable change in the rankings of the top three companies, which now include Nvidia at $4.6 trillion, Google, and Apple [3][5]. - Google's stock price surged by 65% in 2025, making it the top performer among major tech stocks, while Apple's stock only increased by approximately 9% during the same period [7][8]. Group 2: AI Strategy and Performance - Google's aggressive investment in AI has led to significant user growth for its Gemini application, which now boasts 650 million monthly active users, up from 350 million a year ago [9]. - The launch of Google's seventh-generation Tensor Processing Unit (TPU) and its full-stack AI strategy are seen as key competitive advantages, allowing Google to control costs and enhance its market position [9][10]. Group 3: Competitive Landscape - The article suggests that Google's potential to surpass Nvidia in market capitalization hinges on its ability to establish AI industry standards and effectively implement its full-stack ecosystem [10]. - In contrast, Apple's cautious approach to AI has resulted in a perceived lag in innovation, with its market position suffering as a result [12][13]. Group 4: Future Outlook - For Apple to regain its competitive edge, it must demonstrate more convincing advancements in AI and product innovation, with upcoming updates to Siri expected to be a critical factor [14][15].

诺安积极回报混合A（001706）基金经理为刘慧影。 截至发稿，刘慧影累计任职时间3年160天，现任基金资产总规模236.34亿元，任职期间最佳基金回报 75.14%， 任职期间最差基金回报12.83%。 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 从值得买十大流通股东角度 数据显示，诺安基金旗下1只基金位居值得买十大流通股东。诺安积极回报混合A（001706）三季度新 进十大流通股东，持有股数148.98万股，占流通股的比例为1.22%。根据测算，今日浮盈赚取约342.65 万元。 诺安积极回报混合A（001706）成立日期2016年9月22日，最新规模13.65亿。今年以来收益4.85%，同 类排名1953/8825；近一年收益7.16%，同类排名6755/8084；成立以来收益109.6%。 1月8日，值得买涨5.11%，截至发稿，报47.34元/股，成交10.00亿元，换手率18.00%，总市值94.14亿 元。 资料显示，北京值得买科技股 ...

Market Overview - The Hong Kong stock market opened lower and continued to decline, with the Hang Seng Index down 1.22% at 26,136.49 points, the Hang Seng Tech Index down 1.13% at 5,673.84 points, and the National Enterprises Index down 1.14% at 9,034.76 points [1] - Major technology stocks experienced declines, including Alibaba down 1.51%, Tencent down 1.68%, JD.com down 1.58%, Xiaomi down 1.78%, NetEase down 0.99%, Meituan down 2.78%, and Kuaishou down 2.51% [1] - The military industry stocks rose, with Aerospace Holdings increasing by over 5%, while the semiconductor sector showed strength with Meijiayin Holdings rising by over 8% [1] - Financial stocks collectively dragged the market down, with Apple concept stocks, gambling stocks, automotive stocks, and home appliance stocks all declining [1] - Three new stocks were listed today, with Jingfeng Medical-B rising over 29%, Tianshu Zhixin rising over 11%, and Zhipu rising over 11% [1] Company News - Xinyi International (00732.HK) reported a cumulative net operating revenue of approximately HKD 16.534 billion for 2025, a year-on-year decrease of about 7.3% [2] - China Overseas Development (00688.HK) reported a cumulative contract property sales amount of approximately RMB 251.231 billion for 2025, down 19.1% year-on-year [2] - Greentown China (03900.HK) reported a total contract sales amount of approximately RMB 251.9 billion for 2025, a decrease of 9% year-on-year [2] - China Overseas Hongyang Group (00081.HK) achieved a contract sales amount of RMB 2.57 billion in December 2025, down 43.9% year-on-year [3] - Qinhuangdao Port Co., Ltd. (03369.HK) reported a total throughput of 433 million tons for the year ending December 31, 2025, an increase of 4.48% year-on-year [4] - China Carbon Neutrality (01372.HK) signed a tripartite strategic cooperation agreement with China Tower and China Recycled Resources to jointly create a lithium battery circular economy ecosystem [4] - Guofu Hydrogen Energy (02582.HK) entered into a pre-purchase order agreement for the hydrogen energy project in Tasmania, Australia, including electrolyzer hydrogen production equipment and hydrogen refueling station equipment [4] - Lijun Pharmaceutical (01513.HK) had its Lecanemab injection included in the priority review and approval process [5] - Kinko Services (09666.HK) received acceptance from independent shareholders for 218.6 million shares without interests [6] - CICC (03908.HK) plans to issue no more than HKD 3 billion in perpetual subordinated bonds [7] - Agricultural Bank of China (01288.HK) saw Ping An Life increase its stake in its H-shares [8] - Alibaba (09988.HK) announced an upgrade to its Gaode Map with a new "Street View" feature [8] - Agile Group (03383.HK) reported a total pre-sale amount of approximately RMB 8.57 billion as of December 31, 2025 [8] - CIMC Group (02039.HK) announced that the sale of a property project will reduce the group's net profit attributable to shareholders by approximately RMB 1.08 billion for 2025 [9] - Xiaomi Group-W (01810.HK) repurchased 3.9 million shares for HKD 149 million at prices between HKD 38.12 and HKD 38.20 [10] - Tencent Holdings (00700.HK) repurchased 1.023 million shares for HKD 636 million at prices between HKD 615.5 and HKD 628 [10] - Geely Automobile (00175.HK) repurchased 3.388 million shares for HKD 59.156 million at prices between HKD 17.38 and HKD 17.65 [11] - Youjia Innovation (02431.HK) saw its chairman Liu Guoqing increase his stake by a total of 50,000 H-shares [12] Institutional Insights - Guoxin Securities believes that the Hong Kong stock market's recovery has begun, driven by a weaker US dollar and improved domestic liquidity, suggesting a focus on AI and PPI [13] - Galaxy Securities anticipates continued active trading in the Hong Kong market due to multiple positive factors, predicting an overall upward trend [14] - Everbright Securities shares a similar view, noting that domestic policy support and a weaker dollar may lead to further upward movement in the Hong Kong market [14] - Dongwu Securities suggests that the Hong Kong market is entering a period of upward fluctuation, emphasizing the importance of dividends as a base and capitalizing on the technology growth trend in the first half of the year [14] - Industrial Securities recommends a proactive approach to investing, indicating that the Hong Kong market may start a spring offensive led by the Hang Seng Tech Index [14]

Market Overview - On January 8, the A-share market experienced fluctuations, with the ChiNext Index initially dropping over 1% before recovering slightly [1] - The Shanghai Composite Index closed at 4084.95, down 0.82% [2] - The ChiNext Index closed at 3319.33, down 0.31% [2] Sector Performance - The controllable nuclear fusion concept stocks continued to show strength, with companies like China First Heavy Industries and China Nuclear Engineering hitting the daily limit [7] - The industrial machinery sector saw gains, with stocks such as Shaoyang Hydraulic and East China Numerical Control reaching their daily limits [8][10] - Conversely, sectors like insurance, brokerage, and automotive experienced declines [3][4] Key Stock Movements - Notable declines were observed in major companies such as Lenovo Group (-4.62%), China Life Insurance (-3.27%), and Baidu Group (-3.24%) [6] - The industrial machinery stocks showed significant increases, with Shaoyang Hydraulic rising by 20.01% and other companies like Changfu Co. and Weihong Co. also posting gains [10] Nuclear Fusion Sector Developments - Recent breakthroughs in controllable nuclear fusion technology were reported, with the EAST experiment confirming the existence of a density-free zone, providing important physical evidence for high-density operation [7] - The upcoming 2026 Nuclear Fusion Energy Technology and Industry Conference is expected to accelerate funding and technological cooperation in the nuclear fusion industry [7] Policy and Industry Trends - The Ministry of Industry and Information Technology and other departments issued a directive to promote the integration of artificial intelligence in manufacturing, focusing on intelligent equipment and robotics [10]

搜索 Q 宋庭解说道歉 今日我们关注到CBA广东队对深圳队 的比赛中解说员用词不当的问题,我 们在此向广大球迷表达歉意,相关言 论违背了抖音平台的要求,我们已对得奉 该解说员做终止解说安排的处理。 我们会进一步加强对包括解说员在内 直播团队的规范管理,杜绝此类事件1647 再次发生，不断提升赛事转播的质 量,为球迷带来更好的服务和体验。1494 1月7日深夜，抖音体育官方账号在社交平台发文称，关注到CBA广东队对深圳队的比赛中解说员用 词不当的问题，在此向广大球迷表达歉意，相关言论违背了抖音平台的要求，已对该解说员做终止解 说安排的处理。 抖音体育还表示：会进一步加强对包括解说员在内直播团队的规范管理，拒绝此类事件再次发生，不 断提升赛事转播的质量，为球迷带来更好的服务和体验。 @抖音体育 = 文字 · 8小时前 507 今日我们关注到CBA广东队对深圳队的比赛 抖音体育 中解说员用词不当的问题,我们在此 ... 展开 Q 相关搜索·CBA解说员处罚 > 有什么想法,展开说说 (9) Z O ...

Global Market Overview - The Hang Seng Index closed at 26,459, down 0.94% for the day but up 3.23% year-to-date [1] - The S&P 500 closed at 6,921, down 0.34% for the day and up 1.10% year-to-date [1] - European markets showed slight declines, with the DAX reaching a historical high [3] Hong Kong Stock Performance - The Hang Seng Financial Index closed at 50,684, down 0.77% for the day and up 3.58% year-to-date [2] - The Hang Seng Industrial Index closed at 14,299, down 1.15% for the day and up 3.03% year-to-date [2] - The Hang Seng Real Estate Index closed at 18,344, up 0.28% for the day and up 4.45% year-to-date [2] Chinese Market Dynamics - In the Hong Kong market, consumer discretionary, energy, and information technology sectors led the decline, while healthcare, industrials, and consumer staples saw gains [3] - Southbound capital recorded a net inflow of HKD 9.178 billion, with Tencent, Xiaomi, and China Life being the top net buyers [3] - A-shares saw gains, particularly in the comprehensive, coal, and electronics sectors, while oil, non-bank financials, and beauty care sectors faced the largest declines [3] Economic Indicators - China's foreign exchange reserves increased by 0.3% month-on-month in December, with the central bank having increased gold holdings for 14 consecutive months [3] - The Eurozone's December CPI growth slowed to 2%, aligning with the European Central Bank's target, indicating a potential for stable interest rates [3] - U.S. economic data showed mixed results, with the December ISM services PMI reaching a 13-month high, indicating robust demand and a recovery in hiring [3] Commodity Market Insights - Precious metals prices are expected to experience significant volatility due to upcoming adjustments in the Bloomberg Commodity Index [3] - Industrial metal prices have retreated, while oil prices have declined amid expectations of increased supply from Venezuela [3]