格隆汇2月25日｜胜宏科技2月24日向港交所主板递交上市申请，摩根大通、中信建投国际、广发证券为联席保荐人。该公司曾于2025年8月20日递交过上市申请。根据招股书，以2024年及2025年上半年销售收入计，胜宏科技是全球领先的人工智能及高性能计算印刷电路板(“PCB”)供货商，专注于高阶高密度互连、高多层印刷电路板的研发、生产和销售。

格隆汇2月25日｜科技股反弹提振美股，港股上午盘三大指数高开震荡，截止午盘，恒生指数涨0.75%，国企指数涨0.9%，恒生科技指数涨0.34%。昨日低迷的大型科技股多数回暖支撑大市上涨，其中美团涨超2%，内房股、建材水泥股、钢铁股等建筑类股均大幅上涨，尤其是重庆钢铁盘中一度飙涨27%，黄金股带领有色金属股齐涨，灵宝黄金再创历史新高！另外，昨日领衔板块上涨的半导体存储概念股走低。(格隆汇)

恒生指數中午收報26,789點，上升199點。 滙控跌百分之0.2，渣打跌百分之1.1，美團升百分之2.3。

恒生指數中午收報26,789點，上升199點。 滙控跌百分之0.2，渣打跌百分之1.1，美團升百分之2.3。

Clorox ( CLX ) declares $1.24/share quarterly dividend , in line with previous. Forward yield 3.92% Payable May 8; for shareholders of record April 22; ex-div April 22. See CLX Dividend Scorecard, Yield Chart, & Dividend Growth. More on Clorox The Clorox Company (CLX) Presents at Consumer Analyst Group of New York Conference 2026 - Slideshow The Clorox Company (CLX) Presents at Consumer Analyst Group of New York Conference 2026 Prepared Remarks Transcript Clorox: Solid Q2 Results And Cheap Valuation MakesThis Defensive Dividend Stock A Strong Buy Clorox outlines 0–1% category growth target and innovation-led recovery as ERP transition ends Clorox Non-GAAP EPS of $1.39 misses by $0.04, revenue of $1.67B beats by $30M

Mispriced risk in African sovereign debt is costing the continent billions of dollars in additional debt-service payments and constraining critical economic growth, according to a Zambian Treasury official. African nations pay nearly three percentage points more to borrow than peers in other regions because investors have “overblown fears,” Secretary to the Treasury Felix Nkulukusa said Tuesday at a conference in Cape Town. “Every investor believes Africa is just a monolith of political instability and bad governance.” Nkulukusa’s view is shared by some policymakers and investors, who argue that even as global interest rates fall and African capital markets deepen, the region’s borrowing costs remain the highest in the world. Others say the premium is justified, citing a string of recent defaults in places like Ghana and Zambia, and the continent’s turbulent politics and grafts scandals. South African Finance Minister Enoch Godongwana has previously argued that’s not the full story. He sees a bias against the continent that stretches from credit-rating companies to international institutions and investors. The evidence, he said, is that “countries with the same fiscal metrics get a better rating than Africans.” Nkulukusa also noted that the continent’s default rate of 5.5% is less than half that of Asia, at 11.9%, and roughly a third of Latin America’s 14.5%. Even so, African nations pay more to borrow than peers in other regions, he said. “If you ask me what the cost of capital in Africa compared to these countries is, Africa pays higher even if the actual risk is low.” Africa’s ‘Prejudice Premium’ Is Sparking a Bond Market Debate ‘Prejudice Premium’ Costs Africa $75 Billion a Year, AFC Says South Africa Hits Out at Ratings ‘Bias’ as Upgrade Awaited Africa Finance Corp. , a development bank, has dubbed it a “prejudice premium,” estimating that the continent pays as much as $75 billion a year in additional borrowing costs. Standard Bank Group Ltd. estimates the so-c...

President Donald Trump got applause from Democrats and Republicans alike when he called in his State of the Union address for Congress to stop insider trading among lawmakers.

Iran To Buy Chinese Supersonic Anti-Ship Missiles As US Carriers Near As US carriers and warships mass in the Gulf and as the next round of Geneva talks are expected by week's end, Tehran appears to be quietly upgrading its ability to threaten maritime chokepoints. According to Reuters , Iran is in advanced negotiations with Beijing to purchase Chinese-made CM-302 anti-ship cruise missiles - which are supersonic weapons (projectiles which go faster than the speed of sound) designed to skim low over the water and evade naval defenses . via state media: CM-301/YJ-12 "The deal for the Chinese-made CM-302 missiles is near completion. No delivery date has been agreed," informed sources told the outlet . "Iran has military and security agreements with its allies, and now is an appropriate time to make use of these agreements," an Iranian Foreign Ministry official said separately, at a moment additional deals with Russia are being reported, including a half-billion Euro agreement for Moscow to send thousands of its advanced shoulder-fired missiles to Tehran. As for the Chinese CM-302, it has a listed range of roughly 290 kilometers (or 180 miles) and is engineered specifically to penetrate layered ship defenses - which the Iranians would seek as they want to complicate US naval operations in the Persian Gulf and beyond, in the event of a hot conflict. Talks to acquire the weapons have reportedly been in the works for some two years, but were accelerated in the wake of Israel's US-backed 12-day war against Iran last June. Danny Citrinowicz, a former Israeli intelligence officer now with the Institute for National Security Studies, has been cited in international reports describing that the acquisition would be "a complete game-changer if Iran has supersonic capability to attack ships in the area." "These missiles are very difficult to intercept ," he added. "China does not want to see a pro-Western regime in Iran. That would be a threat to their interests. They are hoping t...

格隆汇2月25日｜香港财政司司长陈茂波在《预算案2026》中表示，为优化营商环境及方便企业进行内部重组，建议放宽集团内部资产转让的印花税宽免准则，以扩大合资格的关联法人团体范围。港府将于年内提交条例修订草案，有关建议适用于即日起签订的文书。就提升香港作为企业财资中心主要基地的功能， 陈茂波指，将在年中公布一系列优化措施，包括为企业的财资中心及其关联公司提供额外税务优惠和弹性、增设预审机制等。另外，随公司迁册制度去年生效，陈茂波指，公司注册处至今已批准22宗个案，并正处理约20宗申请。港府会加强对外宣传，吸引更多企业落户香港。

企查查APP显示，近日，山东优易行智能科技有限公司成立，注册资本2000万元，经营范围包含人工智能行业应用系统集成服务；软件销售；软件外包服务；计算机软硬件及辅助设备零售等。企查查股权穿透显示，该公司由中国石化旗下中国石化销售股份有限公司等共同持股。（人民财讯）

Earnings Call Insights: MercadoLibre (MELI) Q4 2025 Management View Ariel Szarfsztejn, CEO & President, highlighted accelerated commerce growth in Brazil and Mexico, each posting 35% GMV growth, and a 45% increase in items sold in Brazil, attributing this to strategic investments, especially lowering the free shipping threshold. He emphasized the direct impact of artificial intelligence across the ecosystem, stating, “Our value proposition is generating traction in Mexico, too, where GMV also grew 35%. Across our ecosystem, we are seeing clear evidence that our investments in artificial intelligence are accelerating revenue.” Martin de Los Santos, CFO, reported, “Our relentless focus on customer experience translated directly into strong financial performance with fourth quarter net revenues growth of 45% year-over-year.” He also pointed to AI-driven gains in advertising, noting 67% growth, and detailed fintech momentum: “Monthly active users are growing close to 30% for 10 consecutive quarters. Our credit portfolio nearly doubled year-over-year to $12.5 billion, including almost 3 million new credit cards issued in Q4 alone.” Osvaldo Giménez, Fintech President, noted that Mercado Pago’s AI assistant now resolves 87% of user interactions without human support and that the brand achieved the leading Net Promoter Score in Brazil, Mexico, Argentina, and Chile. Outlook Management stated, “We remain confident these investments strengthen our ecosystem, deepen our competitive advantages and expand the long-term growth runway in a region where both e-commerce and financial services remain meaningfully underpenetrated.” The company enters 2026 “in a position of strength. All our business units are growing at a fast pace, demonstrating that these investments are already generating results and unlocking long-term value.” No explicit forward guidance or numerical targets for 2026 were provided during the call. Financial Results CFO de Los Santos reported, “Our revenues full ye...

騰訊控股(00700)出現大手買入1.33萬股，成交價$526.0，涉資699.58萬 AASTOCKS.com

2月25日，香港特区政府财政司司长陈茂波在立法会发表2026至2027财政年度政府财政预算案。陈茂波表示，“十五五”规划建议提出推进人民币国际化，提升资本项目开放水平。

「十五五」規劃建議除了進一步明確香港的戰略地位，也支持我們鞏固提升傳統優勢產業。 國際貿易中心 面對複雜多變的地緣政經格局，我們將通過一系列政策措施，全方位鞏固和提升香港國際貿易中心地位。 擴闊商貿網絡 香港會加強發揮共建「一帶一路」關鍵節點角色，聯同業界深耕東盟、中東市場，探索中亞、南亞及北非市場潛力。同時，我們會締結更多自貿協定和投資協定。我們已分別與卡塔爾、孟加拉國和秘魯完成投資協定談判，並正與沙特阿拉伯和埃及探討新投資協定。 香港共簽訂五十五份全面性避免雙重課稅協定，包括去年與約旦、馬爾代夫、挪威和盧旺達的協定。我們會持續拓展協定網絡。 我們會繼續主動聯繫「一帶一路」地區的主管單位，為香港企業和專業服務爭取更多項目配對機會，鼓勵及協助外地機構來港路演。我們會組織外訪和項目對接活動，推廣香港專業服務。 招商引資 為進一步吸引企業落戶香港，去年《施政報告》提出制訂促進產業和投資的優惠政策包。 我們已就此制訂初步框架，會考慮企業的所屬行業和技術水平、為香港帶來的經濟貢獻和就業機會等。政策工具包括批地安排、財政資助或稅務減免，優惠稅率為半稅或百分之五，我們將於年內提交條例修訂草案。 稅務政策是經濟競爭力的重要一環，近年國際稅務環境不斷改變。我會成立並主持「稅務政策諮詢委員會」，廣納工商專業界別人士的意見，使香港的稅務政策更好支持經濟發展。 幫助內地企業走出去 隨着國家推進高水平雙向開放，內地企業更積極開拓海外市場。政府的內地企業出海專班會舉辦推廣活動，吸引內地企業以香港為基地出海。我們亦會設立跨界別專業服務平台，集合法律、會計、財務、檢測和認證、市場推廣等香港專業服務提供者，支持出海企業。 支持本地企業 網購普及和消費模式改變，對部分行業帶來挑戰。政府正優化各項措施，提升中小企的競爭力。 「發展品牌、升級轉型及拓展內銷市場的專項基金」（「BUD專項基金」）一直深受企業歡迎。政府會向基金注資二億元，將「申請易」的資助上限提高至每宗十五萬元，並為企業應用AI提供更針對性資助。 香港出口信用保險局於年內推出先導計劃，為與較高風險買家進行出口交易的中小企提供保障。 政府繼續通過「中小企融資擔保計劃」為企業提供信貸擔保。我們已把八成擔保產品的申請期延長至二零二八年三月底，同時將「還息不還本」安排的申請期延長至今年十一月中，計劃下的總信貸保證承擔額將增加二百億元。 香港食品的優...

「十五五」規劃建議除了進一步明確香港的戰略地位，也支持我們鞏固提升傳統優勢產業。 國際貿易中心 面對複雜多變的地緣政經格局，我們將通過一系列政策措施，全方位鞏固和提升香港國際貿易中心地位。 擴闊商貿網絡 香港會加強發揮共建「一帶一路」關鍵節點角色，聯同業界深耕東盟、中東市場，探索中亞、南亞及北非市場潛力。同時，我們會締結更多自貿協定和投資協定。我們已分別與卡塔爾、孟加拉國和秘魯完成投資協定談判，並正與沙特阿拉伯和埃及探討新投資協定。 香港共簽訂五十五份全面性避免雙重課稅協定，包括去年與約旦、馬爾代夫、挪威和盧旺達的協定。我們會持續拓展協定網絡。 我們會繼續主動聯繫「一帶一路」地區的主管單位，為香港企業和專業服務爭取更多項目配對機會，鼓勵及協助外地機構來港路演。我們會組織外訪和項目對接活動，推廣香港專業服務。 招商引資 為進一步吸引企業落戶香港，去年《施政報告》提出制訂促進產業和投資的優惠政策包。 我們已就此制訂初步框架，會考慮企業的所屬行業和技術水平、為香港帶來的經濟貢獻和就業機會等。政策工具包括批地安排、財政資助或稅務減免，優惠稅率為半稅或百分之五，我們將於年內提交條例修訂草案。 稅務政策是經濟競爭力的重要一環，近年國際稅務環境不斷改變。我會成立並主持「稅務政策諮詢委員會」，廣納工商專業界別人士的意見，使香港的稅務政策更好支持經濟發展。 幫助內地企業走出去 隨着國家推進高水平雙向開放，內地企業更積極開拓海外市場。政府的內地企業出海專班會舉辦推廣活動，吸引內地企業以香港為基地出海。我們亦會設立跨界別專業服務平台，集合法律、會計、財務、檢測和認證、市場推廣等香港專業服務提供者，支持出海企業。 支持本地企業 網購普及和消費模式改變，對部分行業帶來挑戰。政府正優化各項措施，提升中小企的競爭力。 「發展品牌、升級轉型及拓展內銷市場的專項基金」（「BUD專項基金」）一直深受企業歡迎。政府會向基金注資二億元，將「申請易」的資助上限提高至每宗十五萬元，並為企業應用AI提供更針對性資助。 香港出口信用保險局於年內推出先導計劃，為與較高風險買家進行出口交易的中小企提供保障。 政府繼續通過「中小企融資擔保計劃」為企業提供信貸擔保。我們已把八成擔保產品的申請期延長至二零二八年三月底，同時將「還息不還本」安排的申請期延長至今年十一月中，計劃下的總信貸保證承擔額將增加二百億元。 香港食品的優...

Speaking for more than an hour and 40 minutes, President Trump beat his previous record for longest speech given to a joint session of Congress. (Image credit: Andrew Caballero-Reynolds)

2月24日，在伦敦举行的“欧洲储能峰会”（Energy Storage Summit）上，天合储能宣布，正式与储能私募股权投资机构Gore Street Capital (GSC) 达成战略合作，共同参与一项新设立的专注于欧盟27国电池储能系统（BESS）的专项私募基金——欧盟储能基金（EU BESS Fund）。结合已落实合作及未来的投资承诺，Gore Street Capital预计到今年年底，该基金的总体规模及协同投资金额将上升至10亿欧元。根据规划，基金首批项目预计将于今年年中完成签约，并于2026年第四季度开启首轮交付。基金整体目标是在欧盟成员国范围内推进储能部署，基金80%以上的投资及运营布局将集中在欧盟区域，总交付规模目标超过12GWh，为区域电力系统提供更加稳定、灵活与高效的调节能力。（人民财讯）

格隆汇2月25日｜美国总统特朗普：看到委内瑞拉光明的新起点。

格隆汇2月25日｜美国总统特朗普：阻止了创纪录数量的毒品进入美国。

pidjoe/iStock via Getty Images I initiate coverage on Seagate Technology Holdings plc ( STX ), as the stock is gaining interest among market participants in the AI data center memory space. The perception around this stock has changed drastically over the past six months, from being a bet on private cloud refresh cycles to now being priced as an infrastructure bet on the AI data center buildout. As seen below, this led to a massive rerate, with the current forward multiple sitting at 35x. Guidance Terminal In the last quarter, Seagate printed its strongest free cash flow profile in 8 years, with management guiding further expansion in FQ3. Both results and guidance came in above the Street consensus, and the revenue models for the next few quarters have been upgraded again. The revenue mix is heavily tilted toward the data center market, with 87% of exabyte shipments (up 31% yoy) coming from the data center end market. However, despite this high exposure, I am not impressed with the company's growth prospects, as the hike in average selling prices is not the same for HDDs (i.e., hard disk drives) as for SDDs or DRAM memory chips. I discuss below why and the rationale behind my hold rating. A Change In Perception As is often the case with the main stocks in the memory space, like Micron, SanDisk, Western Digital, and Seagate, the investor perception has drastically shifted from the traditional business (in the case of Seagate, enterprise private cloud and on-premise mass capacity storage) to the longer-term AI data center buildout, fueled by the $670B in hyperscaler spending this year alone. In the case of Seagate, this shift in perception began in mid 2025, with a fast rerate since the start of the year. Guidance Terminal Why? Well, let's look at the last earnings report. Free cash flow was up by 42% sequentially, adding up to $607M. To put that number into perspective, that was the highest FCF level in eight years. If that wasn't enough, the outlook for the March q...

25年底以来商业航天在资本市场的关注度飙升，在本篇报告中，我们尝试通过“前因后果”的梳理来为商业航天投资机会研究提供一个切入点。 本轮商业航天获得市场关注的主要导火索是SpaceX即将步入资本市场进行融资的消息，而SpaceX的革命性在于其可回收火箭技术所带来的卫星发射成本的直线降低，那么在本篇报告中，我们以SpaceX切入，主要探讨以下几个问题： 1、SpaceX是如何成长起来的，其可回收火箭技术可以降低多少成本？ 2、SpaceX急于上市，与此前马斯克拒绝让SpaceX上市的态度形成了鲜明对比，这中间发生了什么？ 3、马斯克所期望的太空算力可行性有多大，目前行业进展到什么阶段了？ 以下是详细分析 一、SpaceX的成长史：Falcon9实现一级可回收，Starship将实现全部可回收 1、布局火箭和卫星技术，拿下NASA合同 2002年，马斯克在加州创立SpaceX，他创立公司的设想来自于科幻作品的启发，希望能去往火星，因为想要使得人类尽早成为“多行星物种”，他认为只有这样，人类文明才能更长久地延展下去。 他认为，当时人类暂时去不了火星，并不是受制于技术，而是火箭发射成本太高，所以他立志要将发射成本降下来，手段就是将火箭改造成可重复使用，“像飞机一样”。 与此同时，马斯克也清楚，想要去火星的话，首先要在地球轨道赚钱。所以他的设想是，先搞商业发射，通过火箭可复用技术降低成本，先从商业项目中赚到钱。 但仅掌握火箭技术是不够的（虽然刚开始火箭技术也并没有掌握），还要布局卫星技术。于是2005年，SpaceX收购SSTL，SSTL擅长低成本小卫星和快速交付，恰好符合SpaceX的需要。 2006年，NASA正面临困境，哥伦比亚号失事加速航天飞机退役，国际空间站面临无人送货、无人送人的尴尬局面，借此契机，SpaceX获得NASA的COTS（商业轨道运输服务合同）。同年，SpaceX开始研发Dragon龙飞船。 图：SpaceX Dragon，资料来源：Wikipedia，Dolphin Research 2008年，Falcon 1第四次发射终于成功，同年SpaceX获得NASA的16亿美元的商业补给服务合同。 图：Falcon Family，资料来源：Historic Spacecraft，Dolphin Research 2、Falcon 9实现一级可回收 Drago...

格隆汇2月25日｜香港特区政府财政司司长陈茂波在立法会发表2026至2027财政年度政府财政预算案。陈茂波表示，“十五五”规划建议提出推进人民币国际化，提升资本项目开放水平。香港会发挥独特优势，积极配合国家发展策略，具体措施包括： （一）人民币业务资金安排的总额度在月初倍增至2000亿元人民币，有助推动金融机构便利企业和客户在贸易及跨境业务等更广泛使用人民币； （二）推动人民币与其他区内货币实现更便捷的外汇报价及交易，减低交易成本； （三）定期发行不同年期的人民币债券，以丰富离岸人民币市场产品和完善离岸人民币债券收益率曲线； （四）联同业界积极拓展离岸人民币利率曲线的构建，研究强化短中期利率市场价格发现功能的具体措施； （五）吸引高质量发行人增加在香港发行人民币债券，开拓新兴市场，促使更多跨境人民币交易在港进行。

格隆汇2月25日｜Wedbush将百思买的目标价从80美元下调至70美元，维持“中性”评级。(格隆汇)

格隆汇2月25日｜香港特区政府财政司司长陈茂波25日在立法会表示，香港将在下半年推出债券电子交易平台。

格隆汇2月25日｜据天眼查，近日，晶科储能科技有限公司发生工商变更，注册资本由5000万人民币增至5.5亿人民币，增幅1000%。晶科储能科技有限公司成立于2022年12月，法定代表人为李仙德，经营范围包括储能技术服务、新兴能源技术研发、工业自动控制系统装置制造、工业自动控制系统装置销售等。股东信息显示，该公司由晶科能源全资持股。

比尔．盖茨就他与杰弗里．爱泼斯坦关联向盖茨基金会的员工道歉，承认自己犯了错，给该慈善组织蒙上了一层阴影，但坚称自己没有参与爱泼斯坦的罪行。 在周二的一次员工大会上，这位 微软 联合创始人承认，他曾与两名俄罗斯女性有婚外情，后来被爱泼斯坦发现，但这两名女性并非爱泼斯坦的受害者。盖茨说：“我没有做任何违法的事情。我没有看到任何违法的事情。” 盖茨说，最近公布的爱泼斯坦案文件中，有他与一些女性（面部被打码）的合影，这些照片是爱泼斯坦在他们会面后要求他与爱泼斯坦的助手们拍的。盖茨说：“需要澄清的是，我从未与受害者，也就是他身边的那些女性，共处过。” “与爱泼斯坦有往来并把盖茨基金会的高管带去与这位性犯罪者会面，是一个巨大的错误，”盖茨说。“我向因为我犯的错而被卷入此事的人道歉。” 这位亿万富翁说，他从2011年开始与爱泼斯坦会面。而多年前的2008年，爱泼斯坦已对引诱未成年人卖淫的指控认罪。盖茨说，他知道有一个限制爱泼斯坦出行的“18个月的事情”，但表示他没有妥善核查其背景。盖茨说，即使在他当时的妻子梅琳达．弗伦奇．盖茨（Melinda French Gates）于2013年表示担忧后，他仍继续与爱泼斯坦会面。 “现在知道了这些情况，让这件事变得糟糕一百倍，不仅是因为他过去的罪行，而且现在很清楚，他一直有不当行为，”盖茨告诉员工。谈到他的前妻时，他补充说：“值得称赞的是，她对爱泼斯坦的事情一直都持怀疑态度。” 盖茨周二告诉员工，他与爱泼斯坦的会面一直持续到2014年底，他曾与爱泼斯坦一起乘坐私人飞机，并在德国、法国、纽约和华盛顿与他共处。“我从未过夜，”他说，也未曾去过爱泼斯坦的岛屿。 他说，爱泼斯坦“谈到他与许多亿万富翁，特别是华尔街的亿万富翁，有著怎样的亲密关系”，并说他可以帮助为全球健康等事业筹集资金。 盖茨说，因为爱泼斯坦在这些会面中也邀请了其他有声望的人士，这“让我更容易觉得这是一种正常情况”。他说，他意识到自己与爱泼斯坦的往来也帮助了这名性犯罪者粉饰其声誉。 盖茨承认，他与爱泼斯坦的关联以及司法部文件中新披露的电子邮件，给盖茨基金会及其声誉蒙上了一层阴影。 “这绝对与基金会的价值观和目标背道而驰，”他说。“我们的工作对声誉非常敏感。我的意思是，人们可以选择与我们合作，也可以选择不与我们合作。” 盖茨基金会的一位发言人表示，盖茨每年举行两次员工大会，他“坦诚地发言...

Charnchai/iStock via Getty Images It has only been five months since my previous coverage of Lincoln National Corporation ( LNC ). And yet, I have already seen a lot of interesting changes in Q4 2025 and the first two months of 2025. If you look closely at its price trend in the months that followed my article, I can say my hold rating was justifiable. The price went down to $38 before bouncing back to $46 and finally decreasing again to $38-39. As an investor here, I didn't see any reason to add to my position when I wrote my previous analysis at $42-44. We must always remember that the market is not always linear before making a move. Fundamentals may be strong and sound, as I noted, but valuation and technicals signaled caution then. As I make another coverage of LNC, I see new buying opportunities after the recent downtrend. This is supported by its robust performance and fundamentals. Its valuation now appears more reasonable as I consider more aspects, which I will discuss later. Technicals still suggest caution, but buying opportunities are emerging. LNC Q4 2025: Stronger And Larger The macroeconomic environment in the US remains volatile amid sticky inflation and tariff hikes. Even insurance companies are not entirely safe from these headwinds. After all, these continue to affect their pricing flexibility, purchasing power, and retention rates of policyholders. Aside from that, they must be cautious about its asset management and investment strategies to ensure sustainability. Even an established player like Lincoln National Corporation feels the impact at some levels. But its well-diversified business model and strategic target market help it remain resilient. In Q4 2025, its operating revenue amounted to $4.92B , which was 20.9% higher than in my previous coverage. It weakened by 2.5% YoY from $5.05, but this was due to other revenues. This primarily pertains to the amount generated from the disposal of its investments and other assets. If you only look at...

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Foreign inflows into Indian equities in February are set to surpass domestic institutional demand for the first time in 17 months, aided by signs of improving earnings momentum and easing valuations. Global funds have added a net $2.1 billion of shares through Feb. 24, topping the $1.8 billion bought by domestic peers, according to data compiled by Bloomberg. If sustained, that would be the first time since September 2024 that overseas inflows have exceeded local purchases. READ: GQG Has $24 Billion in India as ‘Perfect Storm’ for Stocks Eases The buying comes after India secured a long-awaited trade deal with the US earlier this month, while Hong Kong-listed Chinese stocks trailed their Indian peers by the most since October. December-quarter earnings also showed signs of improvement, with Jefferies expecting MSCI India profits to grow about 10% in the financial year ending in March. Global funds raised exposure to financial services and capital goods sectors but turned sellers of information technology stocks earlier this month, cutting positions amid artificial intelligence concerns.