两市成交额:1.81万亿 市场热度: 61 0 较上一日: +870亿 今日预测量能: 50 100 0 1.81万亿 | +870亿 涨停表现 封板率 71.00% 【收评：三大指数集体反弹 算力硬件、锂电产业链爆发】市场集体反弹，沪指涨超1%，创业板指涨超 3%。沪深两市成交额1.81万亿，较上一个交易日放量870亿。盘面上，市场热点轮番活跃，全市场超 3600只个股上涨。从板块来看，算力硬件概念表现活跃，中瓷电子、环旭电子等多股涨停，"易中天"光 模块三巨头大涨。锂电产业链走强，金圆股份4天2板，天际股份涨停。大金融方向午后发力，华泰证券 盘中一度逼近涨停，中国太保涨超4%。下跌方面，福建板块下挫，安记食品、平潭发展跌停。板块方 面，能源金属、算力硬件、电池、保险等板块涨幅居前，海南、军工等板块跌幅居前。截至收盘，沪指 涨1.19%，深成指涨2.4%，创业板指涨3.39%。(智通财经) 上证指数 深证成指 创业板指 -3870.28 -13224.51 -3175.91 +309.85 +2.40% +104.15 +3.39% +45.47 +1.19% 封板 49 触及 20 市场概况 2595 1 ...

此外，围绕公司在餐饮渠道拓展、线下终端网点优化方面的落地规划，恒顺醋业还表示，第一公司专门 成立了餐饮渠道事业部，第二公司也要求各地在餐饮端进行餐饮的推广，召开厨师推广会，第三公司针 对餐饮端专门做了产品的开发，同时对各地的经销商对餐饮的推广上有额外的推广力度。公司从现在开 始将加大终端的铺设力度及考核力度，在线下终端能见到恒顺的所有产品，确保公司的产品能够产得出 来，卖得出去。 （企业公告） 谈及导致核心市场收入下滑的主要原因，恒顺醋业回复，核心市场收入下滑主要原因是阶段性的产品结 构调整，但也有市场推广、品牌推广不力造成的。下一步公司将着力打造核心市场，让核心市场的提升 支撑恒顺发展。 近日，恒顺醋业发布公司2025年第三季度业绩说明会召开情况的公告，当中披露，针对醋饮料、口服醋 等产品线规划及进展，恒顺醋业表示，第一口服醋产品市场上一直有，公司将通过增加品类、优化包 装，通过专业医疗机构和专业研究院对醋的健康属性进行研究，来增加醋的健康属性的公信力，来推广 公司的口服醋。第二醋饮料公司正在进行研发。 ...

纯电大三排SUV11月销量创历史新高中汽协、乘联会零售量最新数据显示，2025年11月纯电大三排SUV 销量46209台，插混销量40845台，增程销量29902台，燃油销量22398台。纯电大三排SUV销量环比上升 16%，创历史新高。继9月首次超过增程、燃油、插混后，纯电大三排销量已连续三个月排名所有动力 形式榜首。11月纯电大三排SUV销量在蔚来新ES8、乐道L90、特斯拉Model Y L等车型推动下，较其他 动力形式的销量领先优势持续拉大。增程销量则持续遇冷，连续五个月同比下滑。 ...

【#卢伟冰确认小米17Ultra将涨价#】智通财经获悉，小米集团总裁卢伟冰在近日举办的一场直播互动 活动中明确表态，新一代旗舰机型小米17 Ultra将迎来价格上调。谈及内存价格疯涨对小米17 Ultra带来 的影响，卢伟冰称，"这是我最近很头疼的一个问题。"他提到，过去的三年，AI是爆发式的增长，造成 很多产能要去做HPC（高性能计算）。以前手机是整个内存里最主要的一个需求方，但现在高性能的算 力需求已经超过手机。"这几年其实是没有新增的产能，到2027年底可能才有产出。"卢伟冰判断，2025 到2027年都会是内存成本的上涨年。直播中，他介绍了7-12月台式机内存条的涨价情况，从1000元左右 涨到了3000多元，价格涨了接近3倍。（智通财经） ...

据悉，大窑嘉宾饮品股份有限公司成立于2019年4月，注册资本约1.36亿人民币，经营范围包括食品及 生物工程的技术开发、技术咨询、技术服务等，由上海蒙清企业管理有限公司、李侠、上海政岳企业管 理中心（有限合伙）等共同持股。 近日，据天眼查APP显示，大窑嘉宾饮品股份有限公司发生多项工商变更，其中，大窑汽水创始人王庆 东卸任该公司法定代表人、董事长，戴诚接任法定代表人并担任董事、财务负责人，公司多位高管也同 步发生变更。 ...

据北京交通，12月29日(周一)，北京市迎来新一轮机动车尾号限行轮换。2025年12月29日至2026年3月 29日，周一至周五限行机动车车牌尾号分别为：3和8、4和9、5和0、1和6、2和7(车辆尾号为英文字母 的按0管理)。限行时间为7时至20时，限行范围为五环路以内道路(不含五环路)。 ...

在投资领域，因子被视作"破局"的关键钥匙，而指数基金则成为"重构"资产的重要载体。面对日益丰富 的投资工具与复杂的市场环境，如何借助指数工具实现资产的科学配置与动态调整，成为众多投资者关 注的核心议题。 2025年12月20日，在2025年雪球嘉年华主会场上，富国基金量化投资部总经理王保合带来《如何用指数 基金实现投资配置》的主题分享，结合市场数据与行业趋势，深入解析指数基金的投资价值与配置策 略，为不同风险偏好的投资者提供了专业参考。 指数基金市场发展迅猛，投资价值凸显 其二，房地产市场的触底企稳。全国房地产价格已经趋于稳定，其对经济增速的影响已基本消除，这为 整体经济的平稳运行与盈利修复创造了有利条件。 其三，出口市场的稳健表现。中美贸易博弈背景下，海外市场的供需关系成为影响中国出口的核心因 素。目前美国需求呈现复苏态势，欧洲也于2024年3月调整预算政策，海外市场需求的增加将为中国出 口提供有力支撑。同时，中国在关键领域的产业优势，也为出口稳定性提供了保障，无需过度担忧贸易 政策带来的短期波动。 值得注意的是，当前A股市场估值呈现结构化特征，并非全面高估。与纳斯达克30倍左右的估值水平相 比，沪深300 ...

Core Insights - MUSINSA has launched its first international multi-brand store, Musinsa Store, in Shanghai, marking the full implementation of its "dual-track strategy" in the Chinese market [1] - The dual-track strategy consists of two distinct operational models: the self-owned brand Musinsa Standard focusing on modern casual wear and the multi-brand store Musinsa Store serving as a platform for designer brand curation and incubation [1] Group 1: Store Launch Details - The Musinsa Standard store on Huaihai Road spans approximately 1,421 square meters and features nearly 1,500 items of men's and women's clothing and accessories, employing a "Total Look" display model [2] - The store has tailored its product offerings to meet Chinese market demands, including exclusive products and promotional activities during the opening [2] Group 2: Multi-Brand Store Features - The Musinsa Store on Anfu Road features around 60 selected brands, including 15 local Chinese fashion brands and international brands like ASICS and HOKA [3] - The store is designed for operational efficiency, with a first floor dedicated to seasonal themes and a second floor showcasing over 30 fashion brands [3] Group 3: Strategic Goals and Future Plans - MUSINSA aims to expand its business to more cities in China over the next five years, planning to open over 100 stores and achieve a revenue target of 1 trillion Korean won (approximately 4.78 billion RMB) by 2030 [4] - The company is implementing localized operations by forming joint ventures with local partners, employing over 90% local staff, and launching a Tmall flagship store to create an integrated online and offline channel [4]

12月22日，桂林旅游在互动平台向投资者表示，公司目前已在康养领域开展相关业务。旗下龙胜温泉景 区依托独特的天然温泉及生态资源，已正式推出以健康养生与身心疗愈为主题的康养之旅产品，将温泉 的天然疗愈功效与休闲度假深度结合，满足市场对身心健康服务的需求。 未来，公司将依托桂林优越 的生态与旅游资源，进一步规划和发展集健康管理、生态颐养、旅居康养与身心疗愈于一体的综合康养 产业，并将积极探索"文旅+康养+疗愈"的融合发展模式，致力于打造具有独特吸引力的健康旅居目的 地，持续完善相关产品与服务布局。 2025年1至9月，桂林旅游实现营收3.39亿元，同比下降0.98%；实 现归母净利润0.36亿元，同比增长425.76%。 ...

Core Insights - The core message of the presentation by Sheng Ruisheng, Secretary of the Board and Brand Director of Ping An, is to highlight how the company is leveraging technology as a core driver to reshape its development strategy through a dual-driven approach of "comprehensive finance + healthcare and elderly care" to tap into trillion-level market opportunities [1][2]. Group 1: Strategic Focus - Ping An aims to shift market perception from short-term performance to its long-term strategic positioning and core competitiveness, emphasizing the importance of understanding its foundational strategies amidst a recovering valuation post-pandemic [2][3]. - The company has established a dual-driven development strategy focusing on "comprehensive finance + healthcare and elderly care," which addresses the diverse wealth allocation needs of consumers and the unmet demands arising from societal changes due to deep reforms and aging population [2][4]. Group 2: Business Model and Competitive Advantage - Ping An is one of the few comprehensive financial service groups in China, with insurance as its core business while also covering banking, asset management, and other diversified services. The company emphasizes a customer-centric approach, providing integrated financial solutions that enhance customer retention and reduce risks associated with single business cycles [3][6]. - The healthcare and elderly care sectors represent a significant market opportunity, with Ping An innovatively adopting a Chinese version of the HMO model, integrating high-quality resources without heavy asset investments, and offering a cost-effective service model [4][6]. Group 3: Technological Integration - Technology is identified as the core driver for the diversified strategy of Ping An, with advancements in AI enhancing service efficiency and customer experience. The company has implemented a global operational management center and integrated technology into its service processes, achieving significant improvements in claims processing and customer service [5][6]. - The company has achieved a high level of digitalization, with 80% of service scenarios being handled through AI, significantly improving operational efficiency [5][6]. Group 4: Customer Service and Future Outlook - As of now, Ping An has served 250 million customers, providing a full lifecycle of services from basic financial products to comprehensive health management and elderly care solutions [7]. - Looking ahead to 2026, Ping An plans to enhance AI applications with three major innovative services: a universal service entry point, AI family doctors with high accuracy rates, and a unified global emergency rescue service [8].