Q&A 今年（2025 年）计算机板块的整体表现如何？ 板块业绩复苏明显，AI+ 含量逐步提高 今年（2025 年）以来，计算机板块在全市场各行业中的表现相对靠前，但与 PCB、光模块和英伟达产业链相比，略显逊色。从细分板块指数来看，计算机 排在全市场第四位。通信行业涨幅最高，为 71.26%，电子行业排第三，为 38.66%，而计算机则以 37.42%的涨幅紧随其后。尽管市场感知可能有所不 同，但从数据上看，今年（2025 年）计算机行业的表现仍然不错。 摘要 具体有哪些公司在今年（2025 年）的表现尤为突出？ 2025 年计算机行业表现强劲，涨幅达 37.42%，虽市场感知或有差异， 但数据表明其表现优于多数行业。海光、浪潮等大市值公司领跑，上半 年 DFC 行情亦助推板块指数创新高。 计算机板块半年报显示，399 家公司总收入达 1.04 万亿元，同比增长 18.32%；归母净利润同比增长 28.13%，达 284.13 亿元。头部公司 增速更快，马太效应显著。 AI 技术广泛渗透，87.69%的计算机公司半年报提及 AI。金山办公、海 康威视、用友网络等公司披露 AI 相关收入和订单，并展望全年。A ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年8月31日 狀態: 新提交 呈交日期: 2025年9月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | 是 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00268 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 6,000,000,000 | HKD | | 0.025 | HKD | | 150,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 6,000,000,000 | HKD | | 0.025 | HKD | | 150,000,000 | 本月底法定/註冊股本總額： HKD 150,000,000 FF301 第 ...

【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com (责任编辑：宋政 HN002) 格隆汇8月28日｜港股午后继续走低，恒生科技指数跌超2%，恒指跌1.4%，国企指数跌1.6%。恒生科技 指数成分股中，美团跌超12%，小鹏汽车跌超8%，京东集团、阿里巴巴、理想汽车跌超4%，金蝶国 际、哔哩哔哩、比亚迪(002594)电子、比亚迪股份跌超3%。 | 代码 | 名称 | 涨跌幅 ^ | 年初至今涨跌 | | --- | --- | --- | --- | | 03690 | (0) 美团-W | -12.73% | -33.09% | | 09868 | 小鹏汽车-W | -8.76% | 80.92% | | 09618 | 京东集团-SW | -4.78% | -12.58% | | 09988 | 阿里巴巴-W | -4.69% | 43.94% | | 02015 | 理想汽车-W | -4.21% | ...

格隆汇8月28日｜港股午后继续走低，恒生科技指数跌超2%，恒指跌1.4%，国企指数跌1.6%。恒生科技 指数成分股中，美团跌超12%，小鹏汽车跌超8%，京东集团、阿里巴巴、理想汽车跌超4%，金蝶国 际、哔哩哔哩、比亚迪电子、比亚迪股份跌超3%。 | 代码 | 名称 | 涨跌幅 ^ | 年初至今涨跌 | | --- | --- | --- | --- | | 03690 | (0) 美团-W | -12.73% | -33.09% | | 09868 | 小鹏汽车-W | -8.76% | 80.92% | | 09618 | 京东集团-SW | -4.78% | -12.58% | | 09988 | 阿里巴巴-W | -4.69% | 43.94% | | 02015 | 理想汽车-W | -4.21% | -6.81% | | 00268 | 金蝶国际 | -3.92% | 86.64% | | 09626 | 哔哩哔哩-W | -3.70% | 19.30% | | 00285 | 比亚迪电子 | -3.62% | -10.07% | | 01211 | 比亚迪股份 | -3.48% | 27.09% ...

Group 1: Market Overview - The Hang Seng Index (HSI) has experienced a decline, with a significant number of bull certificates being liquidated, leading to a cautious market sentiment [1] - The index closed at 25,201 points, remaining above the 25,200 mark, with short-term support levels identified at 24,855 and 24,507 points [1] - Investors are advised to consider bull certificates with a redemption price below 24,500 for relative safety [1] Group 2: NIO Inc. (09866.HK) - NIO's closing price was HKD 51.65, showing a favorable increase, but the trading signal is currently a "sell," indicating a need for caution [3] - The first resistance level is identified at HKD 57.2, while support levels are at HKD 44.5 and HKD 39.3 [3] Group 3: Kingdee International Software Group (00268.HK) - Kingdee's stock has shown some upward movement, closing at HKD 16.57, but remains below the middle line of the Bollinger Bands [5] - The trading signal is a "sell," with resistance at HKD 18.3, and investors are advised to be cautious due to high volatility in the past three days [5] Group 4: Tencent Holdings (00700.HK) - Tencent's trading signal is currently "neutral," with investors considering entry points at lower levels [8] - Support levels are identified at HKD 574 and HKD 557 [8] Group 5: China Mobile (00941.HK) - China Mobile closed at HKD 89.15, reflecting a significant decline, but the trading signal is a "buy" [11] - Resistance is at HKD 92.3, with support levels at HKD 86 and HKD 82.7 [11] Group 6: Semiconductor Manufacturing International Corporation (00981.HK) - SMIC's trading signal is a "sell," with a technical outlook leaning bearish [14] - The first resistance level is at HKD 62.6, while the exercise price for call options is set at HKD 64.05, indicating a gap to be covered [14]

Group 1 - Nongfu Spring (09633) reported a 22% year-on-year increase in net profit for the six months ending June 30, 2025, with packaged drinking water revenue growing by 10.7% [1] - Gu Ming (01364) saw a more than 120% year-on-year increase in net profit for the same period, with steady expansion in store count and impressive GMV performance [1] - China Longgong (03339) reported a 37.83% year-on-year increase in net profit, with the loader business being the largest contributor to revenue and profit [1] - AI concept stocks generally rose, with SenseTime (00020) up over 11% and Fourth Paradigm (06682) up over 9%, following the State Council's release of opinions on implementing "AI+" actions [1] - Cao Cao Mobility (02643) reported a 53.5% year-on-year increase in net profit, with gross margin improving from 7.0% to 8.4% [1] Group 2 - H&H International Holdings (01112) experienced a nearly 77% year-on-year decrease in net profit and proposed an interim dividend of HKD 0.19 per share [2] - NIO (09866) saw its stock price rise over 6% this month, benefiting from strong orders for the Onvo L90 and ES8 SUV models [2] - Chip stocks continued their upward trend, with SMIC (00981) up over 6% and Huahong Semiconductor (01347) up over 3%, as institutions remain optimistic about the domestic chip market [2] - Beike (02423) reported a 7.2% year-on-year decrease in net profit for the mid-year results, with Nomura indicating that its third-quarter guidance was below expectations [2] Group 3 - Gaotu (GOTU.US) reported a more than 37% year-on-year increase in revenue for Q2, alongside a new stock buyback plan worth up to USD 100 million [3] - NIO (NIO.US) rose 10.02% as Morgan Stanley highlighted strong orders for the ES8 and a shift in market sentiment towards next year's models [3] - XPeng Motors (XPEV.US) increased by 5.46% as it announced the official launch of the new P7 model on August 27 [3] - Boeing (BA.US) rose 3.51% after Korean Air announced a purchase order for aircraft valued at approximately USD 36.5 billion [4]

Group 1 - AI concept stocks saw significant gains in early trading, with SenseTime-W rising 14.14% to HKD 2.18, and Fourth Paradigm increasing by 10.33% to HKD 66.2 [1] - The Chinese government released an opinion on the deep implementation of "Artificial Intelligence +" actions, aiming for widespread integration of AI in six key areas by 2027, with a target application penetration rate of over 70% for new intelligent terminals and agents [1] - By 2030, AI is expected to fully empower high-quality development in China, with application penetration rates exceeding 90%, positioning the intelligent economy as a crucial growth driver for the national economy [1] Group 2 - Huatai Securities views the released opinion as a significant strategic move, marking a new wave of AI application and indicating a shift from technology development to deep integration with the real economy [2] - The opinion is seen as a guiding document for a new round of industrial transformation, with expectations for subsequent detailed policies from various ministries and local governments to facilitate AI application [2] - The focus will be on overcoming barriers to AI application implementation, such as the "last mile" challenges, through special funds, tax incentives, and pilot applications [2]

Group 1 - The State Council released opinions on the implementation of the "Artificial Intelligence +" initiative, aiming for over 70% application penetration of new intelligent terminals and intelligent agents by 2027, and over 90% by 2030 [1] - The initiative includes building national AI application pilot bases, promoting the intelligent transformation of software and information service companies, and developing AI application service providers [1] - The focus is on creating a smart product ecosystem, with significant development in smart connected vehicles, AI smartphones and computers, smart robots, smart homes, and wearable devices [1] Group 2 - Huatai Securities believes that generative AI is entering a new development stage dominated by AI agents, which are seen as "digital employees" capable of understanding, planning, and executing complex tasks [2] - The demand for energy and semiconductors is rapidly increasing as AI agents transition from experimental to large-scale deployment, making these resources strategic and bottleneck factors for AI development [2] - Northeast Securities highlights that edge AI is evolving terminal devices from "single-function" to "scene intelligence," creating a core technology foundation for the Internet of Everything [2] Group 3 - Companies involved in AI applications across various sectors include: - AI + Government: Taiji Co., South威 Software, Newpoint Software, Digital Government, and Tuoer Si [3] - AI + Justice: Jinqiao Information, Huayu Software, and Tongda Hai [3] - AI + Finance and Tax: Tax Friend Co., Zhongke Jiangnan, and Bosi Software [3] - AI + Enterprise Services: Kingsoft Office, Yonyou Network, Kingdee International, Inspur Digital Enterprise, Guangyun Technology, Zhiyuan Interconnection, and Fanwei Network [3] - AI + Programming: Jin Modern and Puyuan Information [3] Group 4 - Companies such as Kute Intelligent and Nanxing Co. are identified as active entities in the AI agent space [4]

Core Insights - Independent non-executive director Bo Lianming increased his stake in Kingdee International (00268) by purchasing 60,000 shares at a price of approximately HKD 16.71 per share, totaling around HKD 1.0028 million [1] Company Summary - The recent share purchase by Bo Lianming indicates confidence in Kingdee International's future performance, as he now holds a total of 60,000 shares following this transaction [1]

Group 1 - The independent non-executive director, Bo Lianming, increased his stake in Kingdee International (00268) by purchasing 60,000 shares at a price of HKD 16.714 per share, totaling approximately HKD 1.0028 million [1] - Following the purchase, the total number of shares held by Bo Lianming is now 60,000 [1]