HSBC tops $300 billion market value for first time Reuters

格隆汇1月27日｜据央视，加沙地带卫生部门当地时间1月27日公布最新统计报告，称在过去48小时内，加沙地带各医院共接收2名死者和9名伤者。报告显示，自本轮停火以来，加沙地带因以军袭击而死亡的人数升至488人，受伤1350人。自2023年10月7日新一轮巴以大规模冲突爆发以来，以色列对加沙地带的袭击已累计造成71662人死亡，171428人受伤。另外，加沙地带卫生部门指出，在过去24小时，1名出生仅12天的婴儿因严寒天气死亡，这使得自入冬以来加沙地带因寒冷死亡的婴儿总数升至11人。

Artificial intelligence (AI) is a generational investment opportunity, but there are many ways to play it. There's no denying it -- artificial intelligence (AI) is the most transformative technological revolution in recent times. And it's likely that investing in AI will be a major creator of wealth for many people. However, there are other ways to invest in AI besides the chipmakers, software developers, and generative AI companies. One that many investors overlook is data centers, which provide the infrastructure that makes AI possible. Equinix (EQIX +1.91%) is the largest data center owner in the market, and its stock is worth a closer look right now -- especially considering some of the high valuations in other types of AI stocks. Equinix in a nutshell Equinix is a real estate investment trust, or REIT, a specialized type of company designed to hold commercial real estate assets -- in this case, data centers. If you aren't familiar, think of data centers as the physical "homes" of the internet, and for generative AI in particular. When you ask ChatGPT or another generative AI application a question, the hardware that processes the response needs to physically live somewhere. That's where data centers come in. They provide a secure, reliable environment for servers, networking equipment, and other essential components of cloud computing. Equinix has 273 data centers in its portfolio, with space leased by over 10,000 customers, including Nvidia, Adobe, and many others. More than 60% of Fortune 500 companies are Equinix customers to some extent. Massive potential in the AI boom The short explanation is that data center demand has soared in recent years, and most experts believe the AI investment boom will keep demand growing for years to come. In fact, global AI data center spending was $236 billion last year, and several estimates call for the annual spending to exceed $1 trillion by 2030 -- more than four times the current level. Expand NASDAQ : EQIX Equinix Toda...

鑫源智造公告，预计2025年度归母净利润亏损400万元到600万元，上年同期净利润为875.7万元。公司为优化资产质量，聚焦核心战略业务，停止全铝家居亏损业务，停业后资产处置、人员善后等损失对业绩产生影响。同时，公司加大固定资产产线升级投入，研发、营销及信息化、质量管理体系的建设投入，相关费用大幅攀升。子公司鑫源农机相关固定资产、无形资产评估增值部分，加大了合并报表层面的摊销费用。

India and the European Union on Tuesday announced a long-awaited free trade agreement that Prime Minister Narendra Modi described as the “mother of all deals”, as both sides moved to strengthen economic ties in a global trade order unsettled by rising US protectionism. The pact, once implemented, is expected to create one of the world’s largest trading blocs and deepen commercial links between the EU’s 27 member states and the world’s most populous country. The deal would cut or eliminate tariffs on almost 97 per cent of European exports to India, saving up to €4 billion (US$4.75 billion) a year in duties, the bloc said. Advertisement “People around the world are calling this the mother of all deals,” Modi said. “This deal will bring many opportunities for India’s 1.4 billion people and many millions in the EU.” The agreement “represents about 25 per cent of global GDP and one-third of global trade”, Modi added. Advertisement European Commission President Ursula von der Leyen said the agreement marked a historic step in bilateral ties.

凯普生物（300639）公告，预计2025年归属于上市公司股东的净利润为-1.20亿元至-1.95亿元，上年同期为-6.55亿元。因HPV-DNA检测系列产品实施集采，部分产品出厂价降幅较大，相关产品使用量占公司所有自产产品使用量比重较大，影响公司分子诊断产品整体收入规模和毛利率，且自2025年1月1日起，公司销售自产检测试剂的增值税率由3%调整至13%，以上因素对报告期内公司分子诊断试剂的整体收入和利润带来不利影响。

More on UnitedHealth UnitedHealth: Less Exposed To ACA Risk Than Investors Think (Rating Downgrade) UnitedHealth: Inflection Confirmation Imminent UnitedHealth Could Re-Take Its All-Time High In 2026 UnitedHealth Non-GAAP EPS of $2.11 in-line, revenue of $113.21B misses by $520M Biggest stock movers Tuesday: Health insurers' stocks, and more

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Investor appetite for risk is the highest in five years as optimism about the economy counters geopolitical uncertainty, according to Goldman Sachs Group Inc. strategists. The bank’s risk appetite indicator hit 1.09 last week, the highest since 2021. It’s in the 98th percentile of readings for the gauge dating back to 1991, the strategists wrote in a note. “Such elevated levels of risk appetite are rare,” the Goldman team said, pointing to only six other examples of readings above 1.0. Still, this is not necessarily a signal to turn bearish. “Equity returns can be sustained by a supportive macro backdrop,” they said. Most components of the Goldman index show a positive stance toward risk, underscoring the theme of broadening equity market gains in place since last year. The most bullish drivers include investors favoring small caps over large caps and emerging market stocks over developed markets, the strategists said. Read more: BofA Survey Shows Investors Are Unprepared for Stock Correction The rally in gold is among few indicators of more cautious sentiment, and excluding bullion from the index would have driven it even higher, they said. The precious metal has more than doubled over the last two years, with demand fueled by investors seeking havens from political risks and alternatives to currencies and bonds. The Goldman strategists said they remain overweight on equities given the supportive macroeconomic environment.

The launch of the new Maia 200 chip signals a shift toward operational efficiency and improved cloud margins ahead of the upcoming earnings report.

北京普惠健康保的参保人数逐年增长，近两年进入平稳期；2026年特药清单从121种升级至159种，并首次将CAR-T疗法、高值慢病用药等纳入保障范围 与医保的“保基本”定位不同，商保创新药目录一共纳入19种高价值创新药，涵盖针对肿瘤、罕见病、阿尔兹海默症等多个关键治疗领域。图：视觉中国 【财新网】 据“北京普惠健康保”项目组披露，截至1月27日，2026年度参保人数突破445万人。 “北京普惠健康保”是北京市唯一由政府指导监督的普惠型商业补充医疗保险产品。从2021年首次亮相开始算起，“北京普惠健康保”已运行至第五年。 历史数据显示，北京普惠健康保的参保人数逐年增长，近两年进入平稳期，2022年至2025年、以及2026年（截至目前）的参保人数分别为：307万人、352万人、425万人、434万人、445万人，同比增长14.7%、20.7%、2.1%、2.5%。

格隆汇1月27日｜三星新材(603578.SH)发布异动公告，经核实，在本次股票交易异常波动期间，公司董事、高级管理人员、控股股东及实际控制人不存在买卖公司股票的情形，公司副董事长杨敏的配偶在2026年1月26日通过集中竞价方式买入了公司股票700股；公司未发现其他可能对公司股价产生较大影响的重大事件。

*Other Operating Data Consensus Source: Bloomberg More on UnitedHealth UnitedHealth: Less Exposed To ACA Risk Than Investors Think (Rating Downgrade) UnitedHealth: Inflection Confirmation Imminent UnitedHealth Could Re-Take Its All-Time High In 2026 UnitedHealth Non-GAAP EPS of $2.11 in-line, revenue of $113.21B misses by $520M Biggest stock movers Tuesday: Health insurers' stocks, and more

长效生长激素竞争日趋激烈。 1月27日，维昇药业（02561.HK）股价出现高开低走，早间开盘不到五分钟，涨幅一度超过7%，但到了下午收盘时，股价反而下挫6.32%。 前一晚，维昇药业的核心产品隆培生长激素注射液获得国家药监局批准上市，用于治疗儿童生长激素缺乏症。此次获批，标志着公司首款商业化创新产品落地，但这已经是国内获批上市的第四款长效生长激素了。 儿童生长激素缺乏症是因垂体分泌生长激素不足导致的儿童生长发育障碍。长期以来，每日皮下注射的短效制剂是标准治疗方案，但近三分之二的患者存在漏针现象，直接影响治疗效果。 有临床医生对第一财经记者表示，生长激素的治疗是长期过程，治疗依从性的问题值得关注，面对治疗依从性问题，长效生长激素的研发成为热点。 根据弗若斯特沙利文数据显示，中国生长激素市场规模已从2018年的40亿元激增至2023年的116亿元，年复合增长率高达23.9%，并预计在2030年达到286亿元，更关键的变化在于剂型结构的迭代。 近年来，中国儿童生长激素市场受到了前所未有的关注，家长们对孩子的身高抱有极高期望，由此产生了“身高焦虑”现象，担心身高问题会成为孩子未来发展的短板。从整个长效生长激素市场看，企业之间的竞争呈现加剧趋势，此前已获批上市的厂家分别是长春高新（000661.SZ）旗下的金赛药业、特宝生物（688278.SH）、诺和诺德，其中金赛药业与特宝生物的长效生长激素已进入2025年国家医保目录，已进入医保的长效生长激素价格大降，如有产品价格降幅五成以上，这带来的是患者治疗负担大幅减轻，有助于扩大产品市场份额。 在这种局面之下，作为市场新进入者，维昇药业如何在市场中实现突围？这也是市场担忧的地方。 维昇药业首席商务官陈军对第一财经记者表示，隆培生长激素是当前唯一在3期研究中证实优效于日制剂的长效生长激素，这为医生提供了明确的处方依据与更优治疗选择。 陈军亦表示，真正使用生长激素的患者，绝大多数仍然是自费，早已进入医保的短效生长激素就是如此。虽然已有长效生长激素产品进入医保目录，但公司预计绝大多数生长激素是自费这一情况不会改变。公司也看到，生长激素的使用很多的时候是在私立诊所去使用的，公司也会更多地与和睦家等中高端私立诊所合作，精准触达目标客群。 “当前，国内儿童的生长激素渗透率仍不高，如何提高产品知晓率，也是厂家们需要努力的地方。”维昇药业首席执行...

A travel association in Turkey filed a lawsuit to block access to 10 foreign travel sites including Airbnb Inc. and Expedia Group Inc. , citing unfair competition, tax evasion and consumer protection risks. The Association of Turkish Travel Agencies, known by its acronym Tursab, said in a statement that the platforms have not established legal entities within Turkey or registered as taxpayers and are therefore not subject to regulations. Despite this, they provide services that, under Turkish law, are exclusively reserved for licensed travel agencies, the association said. The other sites mentioned in the suit are GetYourGuide Inc. , Viator Inc. , Isango! Ltd , ToursByLocals Inc. , Agoda , Trip.com Group , Hotels.com and Musement SpA . These platforms dominate the market but leave Turkish consumers without a clear legal entity to address complaints, mediate disputes, or refund claims, the association said. “We have no problem with these companies but they need to establish travel agencies and pay taxes in Turkey, just like us,” Tursab Chairman Firuz Baglikaya told Bloomberg over the phone. “We cannot allow tax-free, unfair competition.” Tursab was involved in an earlier case that resulted in a domestic ban for Booking Holdings Inc. over accusations of unfair competition. A Turkish court ruled in 2017 that the site didn’t meet the legal requirements of a licensed travel agency. After the “precedent-setting” decision on the Booking.com case, Baglikaya said, “we expect the lawsuit we filed against these 10 travel sites to be resolved more quickly and again in our favor.”

What do KPIs Show, Ahead of Microsoft’s (MSFT) Earnings? TipRanks

格隆汇1月27日｜凯普生物(300639.SZ)公告称，预计2025年归属于上市公司股东的净利润为-1.20亿元至-1.95亿元，上年同期为-6.55亿元。因HPV-DNA检测系列产品实施集采，部分产品出厂价降幅较大，相关产品使用量占公司所有自产产品使用量比重较大，影响公司分子诊断产品整体收入规模和毛利率，且自2025年1月1日起，公司销售自产检测试剂的增值税率由3%调整至13%，以上因素对报告期内公司分子诊断试剂的整体收入和利润带来不利影响。

文章提及标的 拓荆科技 -- 集成电路 -- 拓荆科技（688072）公告，股东国家集成电路（885756）产业投资基金股份有限公司于2025年12月17日至2026年1月27日通过大宗交易减持843.49万股，占公司总股本2.99%，成交价324.55～382.64元/股，成交额30.18亿元；减持前持股5502.67万股，占19.49%，减持后持股4659.18万股，占16.50%。

格隆汇1月27日｜印度12月汽油出口同比上升5.3%，达到160万吨，12月原油进口量同比增长6.9%，达到2160万吨，12月柴油出口同比下降6.0%，至230万吨。

Polaris press release ( PII ): Q4 Non-GAAP EPS of $0.08 beats by $0.04 . Revenue of $1.91B (+9.1% Y/Y) beats by $90M . The Company expects 2026 sales to be up one to three percent versus 2025 vs -0.10% consensus. The Company expects adjusted diluted EPS attributed to Polaris Inc. common stockholders to be between $1.50 and $1.60 vs $1.70 consensus, relative to ($0.01) in 2025. More on Polaris Polaris - Issues Remain, The Upside Is Already Included Polaris: Buy This Dividend Aristocrat As Turnaround Continues Polaris to close Wisconsin plant following Indian Motorcycle sale Polaris prices $500M senior notes offering Seeking Alpha’s Quant Rating on Polaris

盈新发展（000620）公告，公司拟以现金5.2亿元收购海南兴煜投资有限公司和夏少杰合计持有的广东长兴半导体（881121）科技有限公司60%股权。本次交易完成后，长兴半导体（881121）将成为盈新发展（000620）的控股子公司，纳入合并报表范围。本次交易已获得公司第十一届董事会第十九次会议审议通过，尚需提交公司股东会审议。根据评估机构出具的评估报告，截至评估基准日2025年10月31日，长兴半导体（881121）全部权益价值的评估值为9.27亿元。交易对方承诺，长兴半导体（881121）2026年度净利润不低于7500万元，2026年度和2027年度累计净利润不低于1.55亿元，2026年度、2027年度和2028年度累计净利润不低于2.4亿元。

What do Microsoft’s KPIs Show Ahead of Q2 Earnings? TipRanks

格隆汇1月27日｜据CNN援引消息人士透露，美国中央情报局（CIA）正在秘密开展工作，计划在委内瑞拉境内建立常设美国据点，以此牵头特朗普政府对该国未来施加新影响力的战略。在本月初马杜罗被捕后，中情局与美国国务院的规划讨论聚焦于美国在委内瑞拉短期及长期的部署形态。消息人士补充称，尽管国务院将作为美国在委内瑞拉长期外交存在的主要代表，但由于后马杜罗时期政治过渡尚未完成且安全局势不稳，特朗普政府很可能严重依赖中情局主导进程。消息人士表示，国务院负责树立旗帜，但真正施加影响力的是中情局。

格隆汇1月27日｜美国天然气期货暴跌近8%，至6.241美元/百万英热单位。

格隆汇1月27日｜盈新发展(000620.SZ)公告称，公司拟以现金5.2亿元收购广东长兴半导体60%股权，交易完成后，长兴半导体将成为公司控股子公司。本次拟收购的目标公司长兴半导体深耕NANDFlash芯片封装测试多年，拥有成熟的封装产能，积累了优秀的封装工艺和技术以及上下游行业资源。交易完成后，目标公司将纳入上市公司合并财务报表范围，预计存储芯片业务将对公司营业收入增长带来贡献，对公司盈利能力带来改善。本次交易旨在使上市公司及全体股东能够分享存储芯片行业高速成长带来的价值，提升投资回报。

1月27日，万达电影（002739.SZ）发布2025年度业绩预告，预计全年归属上市公司股东净利润4.8亿元至5.5亿元。依托国内超700家直营影院体系和8000万线上会员优势，凭借持续提升经营效率，丰富多元娱乐业态，在行业复苏中进一步巩固领先地位。 《疯狂动物城2》上映期间，大量观众来到万达影城观影 01 实现票房76.78亿元，市场份额17年领跑行业 院线业务上，报告期内万达电影实现票房76.78亿元，同比增长18.53%，观影人次1.63亿，同比增长14.76%，市场份额连续17年行业领跑。截至2025年，万达电影拥有直营影院714家，6179块银幕，年内新开业直营影院24家，在全国票房TOP200影院中占据91席，较2024年增加10席，占比达45.5%；TOP500影院中占据224席，较2024年增加13家，占比44.8%。 澳洲院线方面，2025年Hoyts实现票房3亿澳元，同比增长4.51%，观影人次1672万，同比增长4.96%。截至2025年，Hoyts拥有影院62家，536块银幕，累计市场份额首次位列澳洲地区首位。受益于财务结构持续优化，Hoyts2025年经营业绩较去年同期实现较大增长。 2025年，万达电影投资出品的《唐探1900》《南京照相馆》《熊出没・重启未来》《长安的荔枝》《浪浪人生》《聊斋：兰若寺》等多部影片先后上映，取得了良好的口碑及票房收益。《飞驰人生3》《熊出没・年年有熊》《惊蛰无声》已定于2026年春节档上映，《转念花开》《旺铺开业指南》《蛮荒禁地》《寒战1994》《欢迎来龙餐馆》《西游记真假美猴王》《包公传-铡美案》《狠家伙》《流浪地球3》等电影也预计陆续上映。 未来公司将依托全产业链优势，大力发展平台型发行业务，将主控发行《转念花开》《旺铺开业指南》《蛮荒禁地》《寒战1994》《包公传-铡美案》《狠家伙》《西游记真假美猴王》，联合发行《飞驰人生3》《熊出没・年年有熊》《欢迎来龙餐馆》，同时在引进片联合宣传推广方面也将持续扩大合作。 《阿凡达3》万达电影独家周边 02 丰富多元娱乐业态，拓展第二增长曲线 2025年，万达电影以“超级娱乐空间”战略为核心，通过多元化经营、场景融合、跨业态联动等拓展非票收入，不断提升影院场景变现能力。 报告期内，先后与《第五人格》《光与夜之恋》《恋与深空》《鸣潮》等头部游戏IP和《聊斋：兰若寺》...

倍轻松（688793）公告，预计2025年年度实现归属于母公司所有者的净利润为-1.05亿元到-8400万元，与上年同期的1025.32万元相比将出现亏损。预计2025年归属于母公司所有者扣除非经常性损益后的净利润为-9200万元到-7100万元。公司结合行业发展趋势及市场环境变化对经营战略进行阶段性调整，受战略调整过渡期影响，报告期内营业收入较上年同期下降，进而带动毛利额下降。