Market Performance - The Hang Seng Index (HSI) rose by 12 points or 0.05%, closing at 26,847 points after fluctuating between a low of 26,593 points and a high of 27,004 points during the day[1] - The Shanghai Composite Index increased by 34 points or 0.9%, closing at 4,102 points with a total turnover of 1.06 trillion yuan[1] - The Nasdaq fell by 350 points or 1.5%, closing at 22,904 points, while the S&P 500 dropped by 35 points or 0.5% to 6,882 points[2] Economic Indicators - The People's Bank of China conducted a 75 billion yuan reverse repurchase operation at a steady rate of 1.4%, with a net withdrawal of 302.5 billion yuan for the day[1] - The ISM data indicated that the US services PMI remained at 53.8, above the expected 53.5, signaling continued strong expansion in the services sector[2] Company Performance - Yum China (09987.HK) reported total revenue of $11.797 billion for 2025, a year-on-year increase of 4%, with a net profit of $929 million, up 2%[3] - Innovent Biologics (01801.HK) achieved total product revenue of approximately 11.9 billion yuan for 2025, marking a 45% year-on-year growth[3] - ZTO Express (02057.HK) forecasted total revenue for 2025 to be between 48.5 billion and 50 billion yuan, representing a growth of approximately 9.5% to 12.9% compared to 2024[4]