| 公司名称 | 持股额变动 | 持股数变动 | | --- | --- | --- | | 腾讯控股(00700) | +13.91亿元 | +266.49万股 | | 小米集团－Ｗ(01810) | +9.83亿元 | +2779.84万股 | | 美团-W(03690) | +9.31亿元 | +1152.98万股 | | 中国石油化工股份(00386) | +3.15亿元 | +5828.20万股 | | 兆易创新(03986) | +3.09亿元 | +76.66万股 | | 金山云(03896) | +2.77亿元 | +3853.80万股 | | 山东黄金(01787) | +2.59亿元 | +653.25万股 | | 联想集团(00992) | +2.31亿元 | +2509.00万股 | | 华虹半导体(01347) | +2.14亿元 | +227.72万股 | | 紫金黄金国际(02259) | +2.07亿元 | +96.45万股 | 备注：以上数据由智通机器人根据港交所数据，经过人工智能运算后自动生成，并不保证数据100%准 确；持股额变动=变动持股数*昨日收盘价。 3、港股通最近 ...

根据国家统计局数据显示：2025年12月中国移动通信手持机(手机)产量为1.5亿台，同比下降9.5%；2025 年1-12月中国移动通信手持机(手机)累计产量为15.4亿台，累计下降5.8%。 2020-2025年中国移动通信手持机(手机)产量统计图 相关报告：智研咨询发布的《2026-2032年中国智能手机行业市场行情动态及发展趋向分析报告》 数据来源：国家统计局，智研咨询整理 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 ...

经济观察网 基于公开信息，中国移动（A股代码：600941，港股代码：00941）在近期及未来有以下几 方面事件值得关注： 股票近期走势 根据2026年2月10日的公告，中国移动在港股市场实施了回购，以每股56.65港元至58.15港元的价格回购 730.35万股，耗资约4.22亿港元。公司近年来持续进行股份回购，以回馈股东。 公司状况 AI与算力网络：政企市场的AI直接收入实现高速增长。公司明确"云是AI时代的算力基础设施"，正推 动移动云业务向"一流云服务商"目标迈进。 中国移动长期以来高度重视股东回报。公司宣布，2025年全年的现金分红比例将较2024年进一步提升。 自2002年起，公司持续分红派息，累计分红约1.44万亿港元（含2025年中期派息）。 业绩经营情况 业务进展情况 尽管2025年前三季度的具体业绩已经公布（营收7947亿元，归母净利润1154亿元），市场将持续关注公 司2025年全年的正式财务报告，以评估其年度整体表现和发展趋势。 公司在多项前沿业务上取得进展： 以上内容基于公开资料整理，不构成投资建议。 卫星通信业务：已获批卫星移动通信业务运营牌照，并开展天通卫星业务推广。其北斗卫星短 ...

Core Viewpoint - The evolution of the Spring Festival Gala sponsorship reflects the changing landscape of China's economy and consumer behavior over the past 40 years, showcasing the transition from material scarcity to technological innovation and brand storytelling [4][24]. Group 1: 1980s to Early 1990s - The 1980s marked a period of material scarcity, where items like watches and radios were symbols of wealth and status, leading to the first brand sponsorship by 康巴丝 (Kangbasi) at the Spring Festival Gala [5][7]. - 康巴丝 sponsored the gala by trading 3,000 quartz watches for advertising, which significantly boosted its brand recognition and sales, reaching an annual production of 1.26 million watches by 1987 [8]. - The sponsorship model evolved, with 中华自行车 (Zhonghua Bicycle) taking over the sponsorship in 1995, reflecting the changing consumer demands and economic conditions [9][14]. Group 2: Mid-1990s to Early 2000s - The mid-1990s saw a surge in consumer spending, with the emergence of "标王" (advertising king) sponsorships, particularly in the liquor industry, exemplified by 山东孔府宴酒 (Shandong Confucius Feast Wine) and 秦池酒 (Qinchijiu) [11][12]. - 秦池酒's sponsorship led to a dramatic increase in sales from 1.8 billion yuan in 1995 to 9.5 billion yuan in 1996, highlighting the impact of gala sponsorship on brand visibility and sales [16]. - The era was characterized by a shift towards consumerism, with brands leveraging the gala to enhance their market presence, although some faced backlash due to quality issues [16]. Group 3: 2000s to Early 2010s - The early 2000s marked the rise of home appliance brands, with 美的 (Midea) becoming a prominent sponsor, securing 11 sponsorships from 2003 to 2014, reflecting the growing importance of brand trust [17][19]. - The cost of advertising skyrocketed, with Midea's sponsorship fee increasing from 6.8 million yuan in 2005 to 57.2 million yuan in 2011, indicating the gala's significant viewership and advertising value [21]. - Brands began to focus on storytelling and emotional connections with consumers, moving beyond mere product promotion to build brand loyalty [23]. Group 4: Mid-2010s to Present - The 2010s saw the rise of internet companies as key players in the advertising space, with platforms like WeChat revolutionizing audience engagement through interactive features like the "red envelope battle" during the gala [25][26]. - The digital transformation of the gala allowed for unprecedented levels of interaction, with WeChat reporting 10.1 billion red envelope transactions on New Year's Eve, significantly enhancing its user base [26]. - The emergence of technology companies in the gala sponsorship landscape reflects a broader shift towards innovation and digital engagement, with brands like Xiaomi and AI robotics showcasing advancements in technology [32].

Group 1 - The top three companies by Hong Kong Stock Connect holding ratios are China Telecom (71.26%), Haotian International Investment (70.78%), and Green Power Environmental (68.78%) [1][2] - In the last five trading days, the companies with the largest increase in holding amounts are China National Offshore Oil (CNOOC) (+764 million), Meituan (+652 million), and Bilibili (+400 million) [1][2] - The companies with the largest decrease in holding amounts in the last five trading days are Tencent Holdings (-644 million), China Mobile (-377 million), and Alibaba-W (-351 million) [1][3] Group 2 - The latest holding ratios for the top 20 companies in Hong Kong Stock Connect show significant ownership, with China Telecom leading at 71.26% and others like Tianjin Chuangye Environmental and China Shenhua also above 66% [2] - The increase in holdings for the top 10 companies in the last five trading days indicates strong investor interest, particularly in CNOOC and Meituan, suggesting potential growth opportunities [2] - The decrease in holdings for Tencent, China Mobile, and Alibaba may indicate a shift in investor sentiment or profit-taking strategies [3]

Core Insights - The top three companies by Hong Kong Stock Connect holding ratios are China Telecom (71.26%), Haotian International Investment (70.78%), and Gree Power Environmental (68.78%) [1] - Tencent Holdings, Meituan-W, and China National Offshore Oil Corporation saw the largest increases in holding amounts over the last five trading days, with increases of +1.071 billion, +937 million, and +811 million respectively [1] - The largest decreases in holding amounts were observed in the Yingfu Fund (-4.085 billion), Hang Seng China Enterprises (-1.359 billion), and China Mobile (-780 million) [2] Group 1: Hong Kong Stock Connect Holding Ratios - China Telecom (00728) has a holding of 9.891 billion shares, representing 71.26% [1] - Haotian International Investment (01341) has a holding of 7.855 billion shares, representing 70.78% [1] - Gree Power Environmental (01330) has a holding of 278 million shares, representing 68.78% [1] Group 2: Recent Increases in Holdings - Tencent Holdings (00700) increased its holding by +1.071 billion, with a change of +2.0125 million shares [2] - Meituan-W (03690) increased its holding by +937 million, with a change of +11.4088 million shares [2] - China National Offshore Oil Corporation (00883) increased its holding by +811 million, with a change of +33.4436 million shares [2] Group 3: Recent Decreases in Holdings - Yingfu Fund (02800) decreased its holding by -4.085 billion, with a change of -152.537 million shares [2] - Hang Seng China Enterprises (02828) decreased its holding by -1.359 billion, with a change of -14.6972 million shares [2] - China Mobile (00941) decreased its holding by -780 million, with a change of -9.9762 million shares [2]

Core Insights - The article highlights the top short-selling stocks in the market, with BYD Company Limited (81211) leading with a short-selling ratio of 100.00% [1][2]. Group 1: Short-Selling Ratios - BYD Company Limited (81211) has a short-selling ratio of 100.00% [2][3]. - JD.com (89618) follows with a short-selling ratio of 97.67% [2][3]. - Kuaishou Technology (81024) has a short-selling ratio of 80.79% [2][3]. Group 2: Short-Selling Amounts - Meituan (03690) has the highest short-selling amount at 2.11 billion [2]. - Alibaba Group (09988) follows with a short-selling amount of 1.673 billion [2]. - Xiaomi Corporation (01810) has a short-selling amount of 1.482 billion [2]. Group 3: Deviation Values - BYD Company Limited (81211) has the highest deviation value at 44.67% [3]. - Jinfang Pharmaceutical (02595) has a deviation value of 35.39% [3]. - Kuaishou Technology (81024) has a deviation value of 34.76% [3].

Core Viewpoint - China Mobile Guangxi Company is implementing a comprehensive return home support action during the Spring Festival, focusing on enhancing communication networks and providing warm services to ensure a smooth travel experience for returning citizens [1]. Group 1: Communication Network Enhancements - The company has upgraded the communication network at key transportation hubs, such as Nanning East Station, to handle increased passenger flow during the Spring Festival, achieving a 20% increase in capacity based on historical data [8]. - The overall network capacity has been doubled, with 4G and 5G networks expanded in high-traffic areas like waiting halls and platforms to meet the demands for internet access and communication [8]. - New and temporary base stations have been established along high-speed rail and highways to improve coverage, ensuring that even remote areas have reliable communication during the festive season [8]. Group 2: Smart Transportation Solutions - The company is utilizing smart technology to enhance traffic management, deploying police drones to monitor traffic flow and assist in emergency responses during the Spring Festival [9]. - In collaboration with local police, a drone patrol system has been implemented to monitor road conditions and manage congestion, significantly improving traffic efficiency during the holiday [9]. Group 3: Customer Service Initiatives - The company is providing a range of warm services at its service centers, including cultural activities and AI interaction experiences to engage customers and assist the elderly in using technology [10]. - Mobile service stations have been set up in communities to offer convenient services such as new number activation and network repairs, ensuring that residents have easy access to necessary support [10]. - Service centers are also offering free amenities like hot water and charging stations, creating a welcoming environment for travelers during their journeys [10]. Group 4: Fraud Prevention Efforts - During the Spring Festival, the company is actively promoting anti-fraud awareness among the public, distributing materials and educating citizens about common scams [11]. - Utilizing big data and intelligent monitoring, the company is enhancing network security and promptly addressing potential risks associated with telecommunications fraud [11]. - Volunteers are engaging with communities to provide guidance on installing anti-fraud applications, ensuring that safety measures reach the public effectively [11].

瑞銀下調中移動目標價至81元：第二阻力位與大行看法關聯 截至2026年2月13日，中國移動（00941）股價78.05元，呈現窄幅待變格局。從市場新聞觀察，大行看法出現明顯分歧：野村於2月11日重申「買入」評級， 認為行業競爭加劇下中移動仍具防守優勢；惟瑞銀於2月8日將評級下調至「中性」，目標價大削至81元，直言股價缺乏重新估值催化劑，2025-2026年盈利 增長僅2-3%，股息率7-8%已充分反映在股價中。在「高股息」與「低增長」的論述角力下，技術位與衍生品條款的匹配，將是短線操作的關鍵依據。 技術分析與關鍵位置 2月13日的技術數據顯示，中移動呈現明確的「築底信號」與「均線壓制」並存格局。股價報78.1元，低於MA10（78.79元）、MA30（79.82元）及MA60 （82.61元），均線系統呈空頭排列。然而，多個震盪指標已發出強烈底部信號：RSI報42，處於中立偏超賣區間；CCI指標處於超賣區間並發出買入信號； VR成交比率指標顯示「嚴重超跌、可能築底」，買入信號明確。技術指標總結信號為「買入」，強度10，反映短線反彈動能正在積聚。 支持位方面，第一支持位看76.5元，此位置是2月上旬兩度下試的低 ...

Core Insights - The article highlights the rapid growth and development of China's artificial intelligence (AI) industry, showcasing significant user adoption and innovation across various sectors [3][4][14][24][31]. Group 1: AI Industry Growth - By the end of 2025, China's generative AI user base is projected to reach 602 million, a 141.7% increase from the end of 2024, with a penetration rate of 42.8%, up 25.2 percentage points year-on-year [3]. - The AI industry in Beijing has surpassed 2,400 companies, including 46 listed firms and 36 unicorns, accounting for over half of the national total [4]. - Shanghai's AI industry is expected to exceed 550 billion yuan in scale by the end of 2025, with a year-on-year growth rate of over 30% [14]. Group 2: Key Players and Innovations - Major companies leading the AI sector include ByteDance, Baidu, and Huawei, focusing on areas such as large models, AI algorithms, and smart driving [5][24]. - Shenzhen has seen a 22.6% year-on-year growth in its core AI industry, with a total scale reaching 368.5 billion yuan in 2024, indicating a shift towards source innovation [24]. - Hangzhou's AI industry is projected to grow from 300 billion yuan in 2023 to 399 billion yuan in 2024, with 84 listed companies and 10 unicorns by the end of 2025 [31]. Group 3: Data and Infrastructure - Beijing has registered 123 large model products and established a data foundation with over 150 petabytes of data [4]. - Shanghai has completed 137 registrations for generative AI services, building a workforce of 300,000 in the AI sector [14]. - Shenzhen's AI industry encompasses a full range of the supply chain, from chips to applications, with 2,887 related enterprises [24].