来源：新浪证券-红岸工作室 12月23日，中芯国际跌0.46%，成交额58.24亿元，换手率2.42%，总市值9592.42亿元。 中芯国际目前在新浪财经客户端A股市场人气排名第36名。 异动分析 国家大基金持股+存储芯片+中芯国际概念+芯片概念 1、公司获得国家集成电路产业投资基金股份有限公司投资，持股比例占总股本比例为1.61%。 2、2025年9月12日互动易：公司代工MCU芯片和特殊存储芯片。 3、中芯国际是中国内地技术最先进、配套最完善、规模最大、跨国经营的集成电路制造企业集团。 4、中芯国际集成电路制造有限公司的主营业务是基于多种技术节点和技术平台的集成电路晶圆代工业 务，并提供设计服务与IP支持、光掩模制造等配套服务。公司的主要产品是集成电路晶圆代工、设计服 务与IP支持、光掩模制造。根据全球各纯晶圆代工企业最新公布的2024年销售额情况，中芯国际位居全 球第二，在中国大陆企业中排名第一。 (免责声明：分析内容来源于互联网，不构成投资建议，请投资者根据不同行情独立判断) 资金分析 今日主力净流入-2.60亿，占比0.04%，行业排名166/171，该股当前无连续增减仓现象，主力趋势不明 显；所属 ...

Core Viewpoint - The Hong Kong stock market, particularly the technology sector, is experiencing fluctuations influenced by the decline of Kuaishou, but there is a counter-trend investment as evidenced by the net subscription of 1 million units in the Hong Kong Technology ETF (159751) [1] Group 1: Market Performance - The Hong Kong Technology ETF (159751) saw a net subscription of 1 million units amid market adjustments [1] - As of December 23, 2025, the constituents of the CSI Hong Kong Stock Connect Technology Index (931573) showed mixed performance, with SenseTime-W (00020) leading with a 2.94% increase, while Kuaishou-W (01024) was the biggest loser [1] Group 2: Future Outlook - China Galaxy Securities suggests that with the easing expectations from the People's Bank of China and the Federal Reserve, external risks are diminishing, indicating a potential upward trend for the Hong Kong stock market [1] - The technology sector is viewed as a long-term investment focus, with valuations having corrected and expected to rebound due to multiple favorable factors [1] - The consumer sector is anticipated to receive significant policy support, with current valuations at relatively low levels, indicating substantial medium to long-term upside potential [1] Group 3: Index Composition - The CSI Hong Kong Stock Connect Technology Index (931573) includes 50 large-cap technology companies with high R&D investment and revenue growth, reflecting the overall performance of technology leaders in the Hong Kong Stock Connect [2] - The top ten weighted stocks in the index account for 67.26% of the total, including Alibaba-W (09988), Tencent Holdings (00700), and others [2]

Core Viewpoint - The article discusses the recent price increase in semiconductor production capacity by SMIC, driven by surging demand in the AI server market, rising supply chain costs, and a reshaping of industry capacity dynamics [2][4]. Group 1: Price Increase and Reasons - SMIC has begun raising prices for some of its production capacity by approximately 10% [2]. - The reasons for the price increase include: - Explosive growth in demand for AI servers, which is a key driver for chip demand [4]. - Rising supply chain cost pressures, with significant increases in the prices of key raw materials since the second half of the year [4]. - A reshaping of industry capacity, with TSMC confirming the consolidation of old 8-inch fabs, leading to tighter supply for mature process nodes [4]. Group 2: Financial Performance - For the first three quarters of 2025, SMIC reported impressive financial results: - Revenue reached 49.51 billion yuan, a year-on-year increase of 18.22% [4]. - Net profit attributable to shareholders was 3.818 billion yuan, up 41.09% year-on-year [4]. - Non-GAAP net profit was 3.177 billion yuan, reflecting a 44.44% year-on-year growth [4]. - The company’s capacity utilization rate was high at 95.8%, with a month-on-month increase in shipment volume of 4.6% to 2.499 million pieces [4]. Group 3: Market Dynamics and Future Outlook - The average selling price of wafers increased by 3.8% quarter-on-quarter, attributed to a higher proportion of complex process products being shipped [5]. - The Chinese market accounted for 86% of revenue, with an 11% quarter-on-quarter growth, making it a core growth driver [5]. - Consumer electronics represented 43% of revenue, growing 15% quarter-on-quarter, indicating robust performance across traditional and emerging sectors [5]. - Despite facing an industry off-season, SMIC provided stable guidance for Q4, expecting revenue to remain flat or grow by 2% quarter-on-quarter, with a gross margin range of 18%-20% [5].

声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 来源：市场资讯 国家知识产权局信息显示，中芯国际集成电路制造（上海）有限公司、中芯国际集成电路制造（北京） 有限公司取得一项名为"光学邻近矫正方法及系统、掩膜版、设备及存储介质"的专利，授权公告号 CN114879445B，申请日期为2021年2月。 天眼查资料显示，中芯国际集成电路制造（上海）有限公司，成立于2000年，位于上海市，是一家以从 事计算机、通信和其他电子设备制造业为主的企业。企业注册资本244000万美元。通过天眼查大数据分 析，中芯国际集成电路制造（上海）有限公司共对外投资了4家企业，参与招投标项目127次，财产线索 方面有商标信息150条，专利信息5000条，此外企业还拥有行政许可446个。 中芯国际集成电路制造（北京）有限公司，成立于2002年，位于北京市，是一家以从事计算机、通信和 其他电子设备制造业为主的企业。企业注册资本100000万美元。通过天眼查大数据分析，中芯国际集成 电路制造（北京）有限公司共对外投资了1家企业，参与招投标项目53次，专利信息5000条，此外企业 还拥有行政许可225 ...

Group 1: Cloud Infrastructure and AI Industry - Global cloud infrastructure service spending is projected to reach $102.6 billion in Q3 2025, representing a 25% year-on-year growth, with market momentum remaining stable and exceeding 20% growth for the fifth consecutive quarter [3] - NVIDIA's GB300 AI server cabinet shipments are expected to reach 55,000 units next year, a 129% increase year-on-year, indicating strong demand in the AI sector [3] - Semiconductor foundry SMIC has begun raising prices by approximately 10% due to increased demand from AI and electric vehicles, suggesting a sustained high demand cycle in the semiconductor industry [3] Group 2: Advanced Manufacturing and Electric Vehicles - Cumulative global sales of new energy vehicles reached 16.091 million units from January to October 2025, a 24% year-on-year increase, driving global power battery installation to approximately 867.4 GWh, up 34% year-on-year [6] - China accounted for 63.3% of global power battery installations, with the top ten companies holding six positions, indicating a strong competitive landscape [6] - The global battery chemistry landscape is characterized by a dual-track system dominated by lithium iron phosphate batteries, while high-end applications are maintained by ternary batteries [6] Group 3: Consumer Sector and Nike Performance - Nike's FY26Q2 performance exceeded expectations, with revenue of $12.43 billion, a 0.6% year-on-year increase, driven primarily by the North American market and running categories [8] - The company's net profit attributable to shareholders was $790 million, a 31.9% year-on-year decline, but still surpassed Bloomberg's consensus estimate [8] - The overall apparel wholesale sales in the U.S. turned positive in September, indicating a healthy inventory situation and providing a foundation for future replenishment and brand recovery [8]

Core Viewpoint - The article highlights the strong performance of the Hainan stock sector, with several companies experiencing significant gains, while also noting the impact of criminal allegations on specific firms [3][7]. Market Performance - The A-share market opened with all three major indices rising: Shanghai Composite Index up 0.04%, Shenzhen Component Index up 0.05%, and ChiNext Index up 0.14% [5][6]. - The Hang Seng Index opened up 0.29%, with notable gains in companies like WuXi AppTec, Meituan, and NetEase, while Kuaishou faced a decline of over 3% due to a cyber attack [9][10]. Sector Highlights - The Hainan Free Trade Zone concept stocks continued to perform well, with companies like Hainan Airlines Group and Hainan Rui Ze achieving three consecutive trading limit increases [3]. - Other active sectors included dairy, photovoltaic, gold, and cybersecurity, while sectors like nuclear fusion and computing hardware saw adjustments [7]. Individual Stock Movements - Companies such as Jiangsu Construction and Xiangyuan Cultural Tourism opened lower by 5.9% and 3.78%, respectively, following criminal allegations against their actual controller [7][8].

来源：新浪基金∞工作室 12月23日，半导体龙头ETF（159665）开盘跌0.06%，报1.767元。半导体龙头ETF（159665）重仓股方 面，寒武纪开盘跌0.51%，中芯国际涨0.04%，海光信息跌0.55%，北方华创涨0.15%，澜起科技涨 0.26%，兆易创新涨0.24%，豪威集团涨0.01%，长电科技涨0.03%，紫光国微跌0.21%。 半导体龙头ETF（159665）业绩比较基准为国证半导体芯片指数收益率，管理人为工银瑞信基金管理有 限公司，基金经理为史宝珖，成立（2022-12-22）以来回报为77.04%，近一个月回报为8.28%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 ...

Group 1 - The top short-selling ratios are led by China Resources Beer (80291) at 100.00%, Meituan (83690) at 93.03%, and CNOOC (80883) at 85.70% [1][2] - The highest short-selling amounts are recorded for Alibaba (09988) at 1.293 billion, Tencent (00700) at 1.242 billion, and Xiaomi (01810) at 1.084 billion [1][3] - The highest deviation values are noted for Far East Development (00035) at 56.81%, CNOOC (80883) at 55.68%, and Meituan (83690) at 52.53% [1][2] Group 2 - The top short-selling amount rankings show Alibaba at 1.293 billion with a short-selling ratio of 15.00%, Tencent at 1.242 billion with a ratio of 14.58%, and Xiaomi at 1.084 billion with a ratio of 16.39% [3] - The short-selling ratio rankings indicate that China Resources Beer has the highest ratio at 100.00%, followed by Meituan at 93.03%, and CNOOC at 85.70% [2] - The deviation values highlight that Far East Development has the highest deviation at 56.81%, followed by CNOOC at 55.68%, and Meituan at 52.53% [3]

| 13:29 | "il"il ? ZD | | --- | --- | | 招商中证半导体产业 ETF发起式联接 C 详情 020465 | | | 5,120.17 | | | 昨日收益 1 ○ 持有收益 1 | 持有收益率 1 | | 0.00 +120.16 | +2.40% | | 最新净值12-19 2.1244 日涨幅 | -0.33% | | 持有成本单价 2.0745 累计收益 | +120.17 | | 全部份额 2,410.17 可用份额 | 2,410.17 | | 持合收益 1 = +120.17 持仓收益率 1 +2.40% | | | = 交易记录 ¥)收益明细 | 1 定投计划 | | 招商基金财富号 | 机构主页 > | | 市场 春季躁动在即,小微盘机会来了? | 12-19 | | "宽财政+宽货币"主基调或延续 | | | **** = * * | | 半导体需求广泛，尤其是AI芯片和车规级半导体需求大增，再加上国家政策支持和国家大基金的持续投入，引导社会资本参与。今天继续买入1000元招商 中证半导体产业ETF联接C（020465），把握后市机会。 | 交易概览 | ...

证券时报·数据宝统计显示，12月22日港股通（包括沪市港股通及深市港股通）成交活跃股合计成交 315.99亿港元，占当日港股通成交金额的35.82%，净买入金额17.47亿港元。 上榜的成交活跃股中，阿里巴巴-W成交额为63.20亿港元，成交金额居首；其次是中芯国际、小米集团- W，成交金额分别为56.70亿港元、40.84亿港元。 以上榜次数统计，12月22日上榜个股中，近一个月上榜次数最多的是阿里巴巴-W、腾讯控股等，近一 个月均上榜21次，最受港股通资金关注。 石药集团为近一个月首次上榜，当日港股通成交额为5.84亿港元，成交净买入0.16亿港元，该股当日收 盘上涨0.61%。（数据宝） 12月22日上榜港股通成交活跃榜个股中，石药集团为近一个月首次上榜。 | 证券 | 证券简称 | 成交金额（亿 | 净买入金额（亿 | 近一个月上榜 | 最新收盘价 | 日涨跌幅 | | --- | --- | --- | --- | --- | --- | --- | | 代码 | | 港元） | 港元） | 次数 | （港元） | （%） | | 00700 | 腾讯控股 | 38.08 | 5.97 | 21 | ...