智通财经APP获悉，2月24日，贝壳-W(02423)联合创始人、董事长兼首席执行官彭永东和联合创始人单一刚在内部全员信中透露，在贝壳和链家迈向25周年 之际，将共同捐赠1000万股A类贝壳普通股，税后资金将用于设立"健康家贝守护金"，作为贝壳和链家员工以及行业服务者约50万人的保障金。按2月23日 收盘价，该笔捐赠价值约4亿元，项目将于年内启动。 这是贝壳董事长彭永东继去年捐出900万股股票后，一年内的第二次捐赠。两位贝壳联合创始人一年内完成的两笔捐赠金额合计已达8.4亿元。 "健康家贝守护金"包含三个子项目。"生命急护金"用于突发重疾确诊的情况，一经确诊、资料齐全，可在2个工作日内快速申领到账2万元。这一急护金不同 于市面上的事后保险报销模式，而是定位于"生命救急"，第一时间为困境中的家庭送去及时保障。另两个项目则是对特殊情况的保障和兜底。失去劳动能力 或符合条件的员工和居住行业服务者家庭可获"家暖帮扶金"专项一次性给予的10万元，符合"家暖帮扶金"条件的受益人还可根据子女在读的学龄阶段通 过"子女教育金"专项获得2万到10万元不等的一次性教育资金，助家庭度过难关。"家暖帮扶金"和"子女教育金"是在原有贝 ...

新浪科技讯 2月24日上午消息，贝壳联合创始人、董事长兼首席执行官彭永东和联合创始人单一刚在内 部全员信中透露，在贝壳和链家迈向 25周年之际，将共同捐赠1000万股A类贝壳普通股，税后资金将用 于设立"健康家贝守护金"作为贝壳和链家员工以及行业服务者约50万人的保障金。据悉，该专项受益人 群超过50万人。 责任编辑：郭栩彤 按2月23日收盘价，该笔捐赠价值约4亿元，项目将于年内启动。这是贝壳董事长彭永东继去年捐出900 万股股票后一年内的第二次捐赠。两位贝壳联合创始人一年内完成的两笔捐赠金额合计已达8.4亿元。 ...

据悉，这是彭永东继去年捐赠900万股股票后的又一次大幅捐赠。一年之内，两位联合创始人的两笔捐 赠总额已达8.4亿元。 该保障项目计划于年内启动。此次捐赠设立的"健康家贝守护金"包含三个子项目。其中，"生命急护 金"用于突发重疾确诊的情况，一经确诊、资料齐全，可在2个工作日内快速申领到账2万元。另外两个 项目侧重特殊情况的兜底保障："家暖帮扶金"将为失去劳动能力或符合相关条件的员工及居住行业服务 者家庭一次性提供10万元帮扶；符合条件者还可根据子女在读阶段，通过"子女教育金"获得2万至10万 元不等的一次性教育资助。 本次专项保障的受益人群覆盖范围广泛，包括入职6个月以上的贝壳、链家等旗下十几万员工，以及入 驻平台超过6个月的服务者，以及服务于贝壳惠居的保洁员、维修员和贝壳整装板块的项目经理、工人 及保洁员等，总计超过50万人。 2月24日，在贝壳及链家迈向25周年之际，贝壳联合创始人、董事长兼首席执行官彭永东与联合创始人 单一刚共同宣布，将捐赠1000万股A类贝壳普通股。按2月23日收盘价计算，该笔捐赠市值约4亿元，税 后资金将用于设立"健康家贝守护金"。 来源：北京日报客户端 ...

Investment Rating - The report maintains a "Positive" rating for the real estate and property management sectors, highlighting the potential for recovery in quality real estate companies and commercial properties [3]. Core Insights - The report indicates that new home sales during the Spring Festival period saw a year-on-year increase of 5.4%, with a total of 9.3 million square meters sold across 16 major cities [3][13]. - The overall sentiment in the real estate market is improving, driven by recent government policies aimed at stabilizing the market and addressing local government debt risks [3]. - The report emphasizes that the fundamental bottom of the real estate sector is approaching, with expectations for quality companies to recover profits more quickly and flexibly [3]. Summary by Sections 1. Industry Data - New home sales in 34 key cities during the week before the Spring Festival totaled 192.3 million square meters, a decrease of 1.1% week-on-week, but an increase of 56.6% compared to the average weekly sales this year [4]. - In February, new home sales in 34 cities increased by 88.5% year-on-year, with first and second-tier cities showing a 96.8% increase [9]. - The inventory of new homes in 15 cities was reported at 8,870.4 million square meters, with a slight decrease of 0.1% week-on-week [54]. 2. Policy News - The report notes that the government has reiterated its commitment to stabilizing the real estate market, with various local policies being introduced to optimize housing supply and manage existing stock [3]. - Specific measures include the promotion of REITs in commercial real estate, with 12 applications submitted recently [3]. 3. Company Dynamics - Sales data for major real estate companies in January showed mixed results, with China Jinmao reporting a 13.6% increase in sales, while other companies like Poly Developments saw a 13.3% decrease [3]. - The report highlights the performance of the property management sector, which has shown resilience compared to the broader market [3]. 4. Market Performance - The SW Real Estate Index fell by 0.69%, underperforming the Shanghai and Shenzhen 300 Index, which rose by 0.36% [3]. - The report suggests that the current valuation levels for quality real estate companies are at historical lows, making them attractive for investment [3].

Key Points - Tencent Holdings (00700), Yingfu Fund (02800), and Shandong Gold (01787) ranked the top three in net inflow of southbound funds, with net inflows of 736 million, 423 million, and 393 million respectively [1] - Alibaba-W (09988), SMIC (00981), and Hua Hong Semiconductor (01347) ranked the top three in net outflow of southbound funds, with net outflows of -524 million, -391 million, and -199 million respectively [1] - In terms of net inflow ratio, Nanhua Futures (02691), Southern East Select (03441), and Oculent (00501) led the market with ratios of 70.54%, 59.14%, and 56.33% respectively [1] - In terms of net outflow ratio, Zhengzhou Bank (06196), China Energy Construction (03996), and Hongye Futures (03678) had the highest ratios at -50.51%, -49.70%, and -48.03% respectively [1] Top 10 Net Inflow Stocks - Tencent Holdings (00700) had a net inflow of 736 million with a net inflow ratio of 5.67% and a closing price of 548.000 [2] - Yingfu Fund (02800) recorded a net inflow of 423 million with a net inflow ratio of 5.13% and a closing price of 27.480 [2] - Shandong Gold (01787) saw a net inflow of 393 million with a net inflow ratio of 31.27% and a closing price of 40.180 [2] - Bilibili-W (09626) had a net inflow of 335 million with a net inflow ratio of 27.53% and a closing price of 252.800 [2] - China National Offshore Oil Corporation (00883) recorded a net inflow of 301 million with a net inflow ratio of 22.88% and a closing price of 24.800 [2] Top 10 Net Outflow Stocks - Alibaba-W (09988) experienced a net outflow of -524 million with a net outflow ratio of -6.30% and a closing price of 160.100 [2] - SMIC (00981) had a net outflow of -391 million with a net outflow ratio of -6.39% and a closing price of 70.000 [2] - Hua Hong Semiconductor (01347) recorded a net outflow of -199 million with a net outflow ratio of -15.56% and a closing price of 99.600 [2] - Changfei Optical Fiber (06869) saw a net outflow of -172 million with a net outflow ratio of -5.33% and a closing price of 107.500 [2] - WISCO (01208) had a net outflow of -168 million with a net outflow ratio of -32.19% and a closing price of 10.160 [2] Top 10 Net Inflow Ratios - Nanhua Futures (02691) had a net inflow ratio of 70.54% with a net inflow of 5.40 million and a closing price of 11.230 [3] - Southern East Select (03441) recorded a net inflow ratio of 59.14% with a net inflow of 5.74 million and a closing price of 11.650 [3] - Oculent (00501) had a net inflow ratio of 56.33% with a net inflow of 1.45 million and a closing price of 103.900 [3] Top 10 Net Outflow Ratios - Zhengzhou Bank (06196) had a net outflow ratio of -50.51% with a net outflow of -3.13 million and a closing price of 1.150 [3] - China Energy Construction (03996) recorded a net outflow ratio of -49.70% with a net outflow of -16.96 million and a closing price of 1.180 [3] - Hongye Futures (03678) had a net outflow ratio of -48.03% with a net outflow of -5.22 million and a closing price of 3.220 [3]

Group 1 - The Nasdaq Golden Dragon China Index decreased by 0.10% on February 18 [1] - Individual stocks showed mixed performance, with Hesai Technology rising nearly 4% and Huazhu Group increasing by nearly 3% [1] - ZTO Express saw an increase of over 2%, while TAL Education and Tencent Music both dropped by over 3% [1] Group 2 - Kingsoft Cloud and Beike both experienced declines of over 2% [1]

Group 1 - Gao Yi Asset held stocks of 13 companies in the US stock market with a total market value exceeding $600 million as of the end of 2025 [2] - The top ten holdings of Gao Yi Asset prominently feature Chinese concept stocks, with significant increases in positions for Pinduoduo and Beike, and a new investment in Yixian E-commerce [2] - The top ten holdings include Huazhu Group, Pinduoduo, Google, Yum China, Beike, Wuxi AppTec, NetEase, iQIYI, TSMC, and ISHARES TR, indicating a dominant presence of Chinese concept stocks [2] Group 2 - As of the end of last year, Gao Yi Asset held 1.333 million shares of Pinduoduo, having increased its position by 629,000 shares compared to the end of the third quarter [3]

Holiday Arrangements - Major companies have announced their holiday schedules for the upcoming Spring Festival, with most adhering to the national statutory holiday of 9 days [3][4] - Tencent will have a holiday from February 14 to February 23, totaling 10 days, while 58.com has the longest holiday of 17 days from February 7 to February 23 [4] - Other companies like Alibaba, ByteDance, Baidu, Meituan, Didi, Pinduoduo, Kuaishou, JD, and Xiaomi will follow the statutory holiday from February 15 to February 23, each with 9 days off [4] Employee Sentiment - There is a general satisfaction among employees regarding the holiday duration, with many expressing hope that future holidays will not be less than 9 days [3]

Core Insights - Gao Yi Asset disclosed its US stock holdings as of the end of 2025, indicating a total market value exceeding 600 million USD across 13 companies [2] - The firm increased its positions in Chinese concept stocks such as Pinduoduo and Beike in the fourth quarter of the previous year, and initiated a new investment in Yixian E-commerce [2] - The top ten holdings of Gao Yi Asset in the US stock market include Huazhu Group, Pinduoduo, Google, Yum China, Beike, Wuxi AppTec, NetEase, iQIYI, TSMC, and ISHARES TR, with Chinese concept stocks dominating the portfolio [2]

Core Insights - The Hang Seng Index Company announced the results of its quarterly review, which includes the addition of three stocks: CATL, Luoyang Molybdenum, and Laopu Gold, while removing Zhongsheng Holdings, increasing the number of constituent stocks from 88 to 90 [1] - The Hang Seng China Enterprises Index will add Beike-W and Horizon Robotics-W, while removing China Resources Beer and Mengniu Dairy, maintaining a total of 50 constituent stocks [1] - The Hang Seng Tech Index will not undergo any changes, keeping its constituent stock count at 30 [1] - All changes will take effect after market close on March 6, 2026, and will be effective from March 9, 2026 [1] Industry Impact - The Hang Seng Index series is a major market index in Hong Kong, attracting significant investment, with a total asset management scale of approximately $117.7 billion as of December 2025 [1] - The adjustments to the index constituents focus on incorporating new economy enterprises in sectors such as renewable energy and new consumption, while gradually reducing the weight of traditional industries [1] - This shift is expected to enhance the growth potential of the indices, thereby increasing their investment value and attractiveness [1]