| 公司名称 | 成交金额 | 净买入额 | | --- | --- | --- | | 阿里巴巴-W(09988) | 160.33 亿元 | +8.51 亿元 | | 中芯国际(00981) | 63.36 亿元 | +6.32 亿元 | | 华虹半导体(01347) | 40.42 亿元 | +3.27 亿元 | | 美团-W(03690) | 35.82 亿元 | -4.73 亿元 | | 晶泰控股(02228) | 28.99 亿元 | -8104.37 万元 | | 腾讯控股(00700) | 28.35 亿元 | +5.88 亿元 | | 小米集团-W(01810) | 26.03 亿元 | -8.40 亿元 | | 泡泡玛特(09992) | 17.24 亿元 | -1.90 亿元 | | 比亚迪股份(01211) | 16.30 亿元 | +8.09 亿元 | | 美图公司(01357) | 16.17 亿元 | +4.57 亿元 | 深港通（南向）十大活跃成交公司 | 公司名称 | 成交金额 | 净买入额 | | --- | --- | --- | | 阿里巴巴-W(09988) | 12 ...

腾讯(00700)获净买入12.34亿港元。消息面上，腾讯旗下《无畏契约》手游自上线以来市场表现亮眼。 大摩预测，这款游戏首年总收入预计可达人民币50亿至60亿元区间。该行表示，在近期《三角洲行动》 成功推出后，《无畏契约》手游的亮眼表现为腾讯在移动端FPS游戏赛道中进一步扩大市场份额提供了 助力。大摩强调，基于腾讯长青游戏产品的持续稳健表现，叠加其国际游戏业务强劲的递延收入支撑， 该行对腾讯游戏业务的发展信心在第二季度之后得到进一步提升。 比亚迪股份(01211)获净买入8.09亿港元。消息面上，小摩表示，随着反内卷措施落地，6月份行业的折 扣已开始收窄。管理层预期盈利将于第三季开始反弹。长期而言，该行的观点维持不变，尤其看好比亚 迪海外扩张进度，当中印尼、巴西和匈牙利的产能建设较原计划提前一至两季度完成。该行预期海外业 务对集团总利润的贡献占比将由今年的约40%提升至50%。 智通财经APP获悉，9月1日港股市场，北水成交净买入119.42亿港元，其中港股通(沪)成交净买入56.59 亿港元，港股通(深)成交净买入62.83亿港元。 北水净买入最多的个股是阿里巴巴-W(09988)、腾讯(00700)、比 ...

Core Insights - Xiaomi's founder and CEO Lei Jun announced limited-time purchase benefits for Xiaomi cars in September, including lifetime free use of assisted driving for models YU7, SU7, and SU7 Ultra [1] Group 1: Product Offerings - The Xiaomi Yu7 includes Nappa leather seats, an electric front trunk, and a HEPA high-efficiency air purification system, along with lifetime free use of Xiaomi HAD end-to-end assisted driving [3] - The Xiaomi SU7 offers Nappa leather seats valued at 8000 yuan and lifetime free use of assisted driving [3] - The Xiaomi SU7 Ultra features a carbon fiber sports steering wheel, carbon fiber center console trim, and carbon fiber front seat back panels, along with five years of free basic maintenance and lifetime free use of assisted driving [3] Group 2: Sales Performance - Xiaomi's official Weibo account reported that by August 2025, the delivery volume of Xiaomi cars is expected to exceed 30,000 units [3]

Summary of Key Points Core Viewpoint - The Hong Kong stock market experienced significant net inflows from northbound trading, with a total net buy of HKD 119.42 billion on September 1, 2023, indicating strong investor interest in certain stocks, particularly Alibaba, Tencent, and BYD [1][2]. Group 1: Northbound Trading Activity - Northbound trading saw a net buy of HKD 119.42 billion, with HK Stock Connect (Shanghai) contributing HKD 56.59 billion and HK Stock Connect (Shenzhen) contributing HKD 62.83 billion [1]. - The most bought stocks included Alibaba (HK 09988), Tencent (HK 00700), and BYD (HK 01211), while Xiaomi (HK 01810) faced the highest net sell [1]. Group 2: Individual Stock Performance - **Alibaba (HK 09988)**: Net buy of HKD 84.42 billion, with a total transaction of HKD 160.33 billion, reflecting a net inflow of HKD 8.51 billion. The company reported strong performance in its cloud and delivery services, with significant capital expenditure in AI infrastructure [2][4]. - **Tencent (HK 00700)**: Net buy of HKD 17.12 billion, with a total transaction of HKD 28.35 billion, indicating a net inflow of HKD 5.88 billion. The success of its mobile game "Valorant" is expected to boost revenue significantly [5]. - **BYD (HK 01211)**: Net buy of HKD 8.09 billion, with positive outlooks on profitability and overseas expansion, particularly in Indonesia, Brazil, and Hungary [5]. - **Xiaomi (HK 01810)**: Experienced a net sell of HKD 10.35 billion, with concerns over its smartphone business impacting margins, despite plans for future vehicle deliveries [8]. Group 3: Other Notable Stocks - **Sinda Biopharma (HK 01801)**: Net buy of HKD 3.21 billion, with a 50.6% year-on-year sales growth and a shift to profitability, driven by new product approvals [6]. - **SMIC (HK 00981)** and **Hua Hong Semiconductor (HK 01347)**: Received net buys of HKD 997 million and HKD 1.37 billion respectively, with strategic acquisitions aimed at enhancing operational efficiency [7]. - **Meitu (HK 01357)**: Net buy of HKD 1.18 billion, with a positive long-term growth outlook based on management strategies and AI capabilities [7].

Group 1 - The core viewpoint of the articles highlights the successful development of second growth curves by both Xiaomi's Redmi brand in the smartphone market and Dongpeng Beverage's new electrolyte drink, Dongpeng Boshui La, in the beverage industry, showcasing a similar growth logic [1][4][9] - Xiaomi's Redmi brand was launched to target the mid-range and entry-level smartphone market, leveraging Xiaomi's supply chain advantages and technology accumulation to establish a strong user base [3][6] - Dongpeng Beverage, after solidifying its position in the energy drink market with Dongpeng Special Drink, identified the growing demand for electrolyte drinks and launched Dongpeng Boshui La to capture this market segment [4][6] Group 2 - The Redmi Note 15 Pro series is positioned as a significant growth engine for Xiaomi, offering competitive pricing and balanced specifications to attract consumers in the mid-range market [6][9] - Dongpeng Boshui La is designed with a scientific electrolyte composition to meet the rising health consciousness among consumers, targeting various scenarios such as sports, outdoor activities, and office hydration [6][9] - Both companies are implementing differentiated operational strategies to support their respective group strategies, with Xiaomi focusing on high-end technology and Dongpeng expanding into multiple beverage categories [7][9]

Core Insights - The advertising revenue landscape is showing a clear divide, with nearly half of the companies reporting positive growth while the other half struggles, highlighting the shift from traffic-driven success to algorithm efficiency and precision targeting [1][2] - AI technology is becoming a critical factor in redefining the advertising industry, driving competition based on algorithm efficiency and innovation speed, with companies leveraging AI as a key asset for growth [1][2] Company Performance - Tencent's advertising revenue reached 35.8 billion, growing 19.73% year-over-year, marking its 11th consecutive quarter of double-digit growth, driven by AI improvements and a robust WeChat ecosystem [2] - Kuaishou reported advertising revenue of 19.765 billion, up 12.81% year-over-year, with significant contributions from short dramas and local life services, supported by AI technology [3][4] - Bilibili's advertising revenue reached 2.45 billion, growing 20% year-over-year, with strong performance in effect advertising and an increase in advertisers, aided by AI-driven enhancements [5][6] - Xiaomi's advertising revenue was 6.8 billion, up 13.33% year-over-year, benefiting from a growing user base and enhanced AI capabilities for targeted advertising [7][8] - BlueFocus achieved advertising revenue of 18.103 billion, with a year-over-year growth of 20.08%, driven by AI and global expansion strategies [9][10]

（文章来源：每日经济新闻） 每经AI快讯，9月1日，雷军在其微博发文称米家首款三区洗衣机，全新一代健康洗衣技术全渠道已开 启预约，敬请期待！ ...

目前，小米汽车已连续两个月交付量超3万台。 今年8月，小米集团总裁卢伟冰在业绩电话会上表示，公司有信心完成全年35万辆小米汽车的交付目标。 9月1日，小米汽车发文称，8月交付量超过30000台。 据悉，2025年第二季度，小米汽车交付量达8.13万辆，创历史新高，较去年同期的2.73万辆增长197.7%。 此外，今年6月，小米首款SUV小米YU7系列正式发布，开18个小时，累计首单就突破了24万台小米YU7， 表现亮眼。小米汽车也因此计划在2027年前在欧洲销售其首款电动汽车，并宣布计划在全球与特斯拉和比 亚迪展开竞争 （校对/黄仁贵） ...

Group 1: Autonomous Driving Initiatives - Baidu is launching its autonomous driving business in Europe, starting with an office in Zurich and plans to operate in Switzerland and Europe by next year, initially with safety drivers in vehicles [1] - Pony.ai is planning to deploy a fleet of autonomous taxis in Hong Kong after overcoming regulatory hurdles, while downplaying competition from Tesla [2] Group 2: Automotive Industry Developments - ZhiMi Technology has officially announced its entry into the automotive sector, aiming to produce a luxury electric vehicle comparable to Bugatti, with a team of nearly 1,000 people and a patent portfolio of 6,379 applications [4] - BYD's vehicle registrations in the EU doubled in July, surpassing Tesla's registrations, with 13,503 units sold across the EU and additional countries [9] - BYD has launched the Atto 1 in Indonesia, with two models priced at 2.09 billion and 2.49 billion Indonesian Rupiah [10] - BYD announced plans to build an assembly plant in Malaysia, expected to start production in 2026 [12] - BYD's Thailand factory has produced and exported over 900 Dolphin electric vehicles to Europe, marking a significant milestone for the company [14] Group 3: Consumer Brands Expansion - Mixue Group reported a revenue of 14.87 billion yuan in the first half of 2025, with a net profit of 2.72 billion yuan and a global store count of 53,014 [5] - Lucky Coffee has opened its first overseas store in Malaysia, offering a localized menu alongside classic products [7] - Xiaomi has established around 200 stores overseas, with a target of over 100 stores in Southeast Asia by 2025 [8] Group 4: Investment and Financing Activities - JD.com is planning to establish a real estate investment trust (REIT) in Singapore, with assets potentially exceeding $1 billion [18] - Chery Automobile has made significant progress towards its IPO in Hong Kong, with plans to issue up to 699 million shares [19]

本文字数：2412，阅读时长大约4分钟 2025.09.01 作者 |第一财经王珍 封图 |AI生成 格力和小米近期因线上空调排名而起争执。从几大白电龙头企业刚刚发布的半年报业绩看，在今年上半年的空调价格战中，格 力与小米"吵架"，美的、海尔"得利"。行业专家认为，当下消费分层，在空调业新一轮竞争中，企业要保持业绩增长，多元化 与灵活应对是破局关键。 格力业绩失速受空调价格战影响 定位中高端的格力空调，在此行业竞争环境下，线上销量的份额受到冲击。据奥维数据，格力5月在国内线上空调市场的销量份 额同比减少1.53个百分点至17.08%，当月小米在国内线上空调市场的销量份额同比增加2.83个百分点至18.02%，超过了格力，在 该领域的排位提升至第二位。不过，从当月国内家用空调线上、线下市场的销售额份额看，格力仍然居第二位，小米与格力相 比仍有明显差距。近日，小米、格力双方就线上空调市场份额排名而起纷争，多次打起"口水战"。 格力小米打嘴仗，美的海尔抢份额 俗话说"蚌鹤相争，渔翁得利"。在格力与小米为线上市场份额排名"吵架"的时候，在线上空调市场排首位的美的"下狠手"。奥维 数据显示，美的5月在国内线上家用空调市 ...