“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, David Ingles and Yvonne Man give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)

环保股短线拉升，中科环保、启迪环境直线涨停，永清环保、正和生态、蒙草生态纷纷拉升。消息面上，2026年全国两会时间即将开启，生态环境法典在内的多部法律的草案将提请审议。

2026年全国两会即将召开，多部法律草案将提请审议，其中包括生态环境法典草案。该法典作为中国第二部以“法典”命名的法律，涵盖污染防治、生态保护、绿色低碳发展等方面。草案三审稿明确了监测机构备案管理、信用修复机制、秸秆焚烧管理等内容，并加强了司法机关在生态环境保护中的作用。新增规定还包括加强对“人兽冲突”的应对和跨区域垃圾偷排的管控，体现了立法的人性化和科学性。（澎湃新闻）

克罗地亚人形机器人“通卡”25日在萨格勒布鲁杰尔·博什科维奇研究所举办的人形机器人大会上亮相。展示期间，“通卡”以流畅的舞姿和功夫动作吸引了众多观众的目光。 该机器人基于中国公司宇树科技的G1平台打造，语音通信系统和增强电机控制系统由克罗地亚万德里机器人公司与其合作伙伴共同开发。大会展示环节中，“通卡”表演了舞蹈和功夫动作，并能用克罗地亚语与人对话，还用中文向中国记者表达问候。 万德里机器人公司董事兼联合创始人塔代伊·斯拉普尼克告诉新华社记者，目前，一个试点项目正在克罗地亚旅游胜地奥帕蒂亚进行，预计未来三至四个月内，专业的机器人接待员将投入使用，负责迎宾、预订管理及信息咨询等服务。(新华社)

格隆汇2月26日｜据央视，近日，中国科学院青岛生物能源与过程研究所研究团队在一种新型太阳能电池材料上，实现了超过15%的光电转换效率，并获得了国际权威机构认证。相关研究成果在国际能源与材料领域学术期刊《自然·能源》发表。据了解，这项技术的核心材料叫：铜锌锡硫硒太阳能电池（简称CZTSSe）。其材料来源广泛，主要元素在地壳中储量丰富，不依赖稀有金属，材料成本低；其次溶液法制备，制备成本低；薄膜电池，材料用量低；另外，该材料还安全环保，不含有毒元素，适合大规模应用，在复杂环境中依然能保持性能。

近日，中国科学院青岛生物能源与过程研究所研究团队在一种新型太阳能电池材料上，实现了超过15%的光电转换效率，并获得了国际权威机构认证。相关研究成果在国际能源与材料领域学术期刊《自然·能源》发表。据了解，这项技术的核心材料叫：铜锌锡硫硒太阳能电池（简称CZTSSe）。其材料来源广泛，主要元素在地壳中储量丰富，不依赖稀有金属，材料成本低；其次溶液法制备，制备成本低；薄膜电池，材料用量低；另外，该材料还安全环保，不含有毒元素，适合大规模应用，在复杂环境中依然能保持性能。（央视新闻）

Deutsche Telekom AG press release ( DTEGY ): Q4 Non-GAAP EPS of €0.44. Revenue of €31.72B (+2.6% Y/Y). Guidance for 2026: Adjusted EBITDA AL of around 47.4 billion euros, free cash flow AL of around 19.8 billion euros, adjusted earnings per share of around 2.20 euros More on Deutsche Telekom AG Deutsche Telekom: Correction Is Here In 2026 Quant snapshot: Amerigo, Allianz lead strong buys as Ashford Hospitality, Hudson Pacific lag EU seeks to bar Chinese firms from vital infrastructure: report Seeking Alpha’s Quant Rating on Deutsche Telekom AG Historical earnings data for Deutsche Telekom AG

Nvidia (NVDA) Stock; Advances as US Allows Conditional H200 Exports to China CoinCentral

(RTTNews) - AXA SA (AXA), a French insurance and asset management company, reported Thursday higher profit in its fiscal year 2025, benefited by increased Gross written premiums in all segments.

格隆汇2月26日｜花旗发表报告指，港交所公布2025年第四季归属股东净利润43亿港元，按季下跌12%，按年增长15%，较市场共识高出16%。核心收入55亿港元按季跌12%，按年升17%，较市场预期高出2%，主要受上市费及托管费收入增加带动。投资收入12亿港元，较市场预期高出45%，部分归因于季度录得非上市股权收益1.63亿港元及汇兑收益5300万港元。营运支出按年增加4%，主要由于折旧费用上升，但较市场预期低9%。宣派第二次中期股息每股6.52港元，派息比率约89%。该行予其“买入”评级，目标价为505港元。

PetroliniVideo/iStock via Getty Images Innovative Industrial Properties ( IIPR ) has bounced handily from the lows. The company appears to have reached an inflection point in dealing with tenants in default. Even after the recent rally, the stock still has not priced in the optimism, with the stock yielding nearly 15%. While a dividend cut may be on the horizon, the company’s strong balance sheet as well as the still-present rescheduling catalyst make the deep value too cheap to ignore. I reiterate my "S trong Buy" rating for the stock. IIPR Stock Price I last covered IIPR in January , where I called it a conviction buy due to President Trump’s executive order to reschedule cannabis. The stock has risen 10% since. Data by YCharts There has been surprisingly little development regarding rescheduling since that executive order, but this recent quarter showed significant financial progress. IIPR Stock Key Metrics IIPR is a net lease REIT primarily allocated to cannabis assets, though it has recently diversified into the life sciences sector. Net leases mean that the tenant is responsible for real estate taxes, insurance, and maintenance expenses. This is an important distinction because many REIT subsectors, such as shopping centers and malls, often have significant recurring capital expenditure requirements related to property maintenance. 2025 Q4 Presentation IIPR is highly concentrated in sectors and tenants. Its top 10 tenants make up 66% of overall rent, as we can see below. 2025 Q4 Presentation In the most recent quarter, the company delivered strong results, with the company finally putting an end to the bleeding. AFFO per share rose strongly on a sequential basis from $1.71 to $1.88 per share. 2025 Q4 Presentation The company made strong progress on leasing, signing four leases on square feet representing 4% of the portfolio. It is important to note that the company faces minimal lease expirations over the next decade. This means that investors can rest assured...

FIFA President Gianni Infantino says he has "complete confidence" in Mexico as a World Cup co-host despite days of cartel violence in the country that has left at least 70 people dead. (Image credit: Marco Ugarte)

Is Apple (AAPL) Quietly Rewriting Its China Risk Story With New Houston Manufacturing Bet? simplywall.st

格隆汇2月26日｜韩国综合指数收涨3.67%，报6307.32点，收在历史最高位。韩国综合指数年内累涨49.67%，牛冠全球！

马来西亚KLCI指数日内下跌1%，至1729.89点。

Feb 26 (Reuters) - Apple is in talks with several Indian banks and global card networks as it prepares to launch its Apple Pay service in India, Bloomberg News reported on Thursday, citing people

市場對攜程前景有何憂慮？技術超賣可以博反彈？若股價再跌，會跌得有多深？

市場對攜程前景有何憂慮？技術超賣可以博反彈？若股價再跌，會跌得有多深？

2026年3月30日起，中国东航将正式开通“上海—塔什干”直飞航线，此航线是继2025年开通“西安—塔什干”航线后，进一步服务高质量共建“一带一路”、深化中国与中亚地区互联互通的又一重要举措，拓展了以上海为枢纽、面向中亚的“空中走廊”，为两地经贸合作、人文交往与旅游互动注入新动能。(上海发布)

Allianz press release ( ALIZY ): Q4 Non-GAAP EPS of €7.17. Total business volume of €45.7B (-0.4% Y/Y). Outlook & other • For 2026 , Allianz targets an operating profit of 17.4 billion euros, plus or minus 1 billion euros. Management to propose a dividend per share of 17.10 euros, an increase of 11.0 percent from 2024. Allianz has announced a new share buy-back program of up to 2.5 billion euros on February 25, 2026. More on Allianz Allianz: Not My Pick For 2026 Allianz SE (ALIZY) Shareholder/Analyst Call - Slideshow Quant snapshot: Amerigo, Allianz lead strong buys as Ashford Hospitality, Hudson Pacific lag Allianz's Pimco raises over $7B for asset-based finance strategy - report Seeking Alpha’s Quant Rating on Allianz

STORY: Nvidia posted better-than-expected results for the January quarter on Wednesday (February 25) and forecast current-quarter revenue above market estimates. The chipmaker reported that January-quarter sales rose 94% to $68.13 billion, beating estimates of $66.21 billion. It also expects fiscal first-quarter sales of $78 billion, above forecasts of analysts. But shares in Nvidia traded flat after hours. That is as investors, used to solid revenue beats from the company for 14 straight quarters, were likely disappointed by the uneventful results that were released 10 minutes after the expected time. On the post-earnings conference call, Nvidia executives were asked if the company was looking to give back to shareholders some of the $100 billion cash it was likely to generate this year. In response, Nvidia Chief Financial Officer Colette Kress said the company wanted to keep investing in the AI ecosystem. CEO Jensen Huang said the output generated by AI models would be the foundation of future computing and Nvidia would keep building more infrastructure to support that. The company also said it had secured enough chip inventory and capacity to meet demand beyond the next several quarters. But it added that the shortage will affect its gaming business. :: AMD :: Google Still, there are signs of risk to Nvidia's long-held dominance in making AI chips, with rivals AMD and Google clinching big deals with top customers.

格隆汇2月26日｜苹果公司正与印度多家主要银行及全球银行卡组织进行商讨，为在印度推出Apple Pay支付服务做准备。据知情人士透露，苹果正与印度工业信贷投资银行、HDFC银行及Axis银行洽谈，目标在2026年年中左右将支付服务引入印度。时间表仍可能调整，但谈判表明该服务即将推出。知情人士称，苹果同时正与万事达卡和Visa讨论相关计划。

格隆汇2月26日｜日经225指数盘中一度涨1.28%，报59332.43点，再创历史新高；最终收涨0.29%，报58753.39点，再创收盘历史新高。日经225指数年内累涨16.71%。

(RTTNews) - Metropolitan Bank Holding Corporation (MCB) has announced the pricing of an underwritten public offering of 2.1 million shares at $85 per share for gross proceeds of $178.5 million.

Schneider beats profit expectations as data center demand offsets weak dollar Reuters

格隆汇2月26日｜华源证券研报指出，新和成产品线持续拓宽，业绩韧性十足。蛋氨酸快速放量，成本优势明显。据博亚和讯统计，全球蛋氨酸需求保持4-6%左右增长，需求增量约10万吨/年。蛋氨酸供给集中，赢创、安迪苏等CR4市场份额超80%。装置老化、成本上升等因素导致海外龙头份额持续收缩，去年8月宁夏紫光天化蛋氨酸有限责任公司以7.74亿挂牌拟出售。公司现有产能55万吨，跃居全球前列。公司成本优势明显，24年和25年上半年山东新和成氨基酸有限公司净利率分别为35%/38.3%。此外，香料盈利能力较强，持续稳定增长，新材料有望快速增长。需求旺季及反内卷政策推动，近期维生素和蛋氨酸价格均企稳回升。选择安迪苏、浙江医药、金达威作为可比公司，考虑到公司是全球精细化工龙头之一，兼具产品涨价弹性及新材料未来成长性，首次覆盖，给予“买入”评级。