Group 1: Market Overview - Northbound trading recorded a net buy of HKD 22.92 billion, with HKD 30.42 billion net buying through Shanghai Stock Connect and HKD 7.5 billion net selling through Shenzhen Stock Connect [1] - The most bought stocks by northbound investors included SMIC (00981), Hua Hong Semiconductor (01347), and Tencent (00700), while China Mobile (00941) saw the highest net sell [1] Group 2: Individual Stock Performance - Alibaba (09988) had a net inflow of HKD 26.58 billion in buying and HKD 26.24 billion in selling, totaling HKD 52.83 billion [2] - Tencent Holdings (00700) recorded a net buy of HKD 12.61 billion against HKD 9.30 billion in selling, resulting in a total of HKD 21.92 billion [2] - Xiaomi Group (01810) saw a net buy of HKD 12.92 billion with HKD 8.03 billion in selling, totaling HKD 20.95 billion [2] - SMIC (00981) had a net buy of HKD 11.81 billion and HKD 6.60 billion in selling, resulting in a total of HKD 18.41 billion [2] - China Mobile (00941) experienced a net sell of HKD 6.57 billion against HKD 9.00 billion in selling, totaling HKD 15.58 billion [2] Group 3: Analyst Insights - TSMC raised its capital expenditure guidance for 2026 to USD 52-56 billion, indicating strong long-term demand driven by AI [4] - DRAM prices are on the rise, with certain DDR4 models seeing weekly increases exceeding 12%, and Micron noted that AI demand now accounts for 50-60% of the DRAM market [4] - Nomura forecasts Tencent's revenue to grow by 12% year-on-year to RMB 193.5 billion, with non-IFRS net profit expected to rise by 15% to RMB 63.9 billion [5] - Alibaba's new app, Qianwen, integrates various services within its ecosystem, enhancing its competitive edge in AI and consumer markets [5] - Bubble Mart (09992) is projected to have multiple growth drivers, including monetization of existing IPs and new IP launches targeting overseas markets [6]

Market Overview - The Hong Kong stock market indices showed weakness on January 19, with the Hang Seng Index down by 1.05%, the Hang Seng China Enterprises Index down by 0.94%, and the Hang Seng Tech Index down by 1.24, influenced by tariffs and geopolitical risks [1] Technology Sector - Major technology stocks, which serve as market indicators, performed poorly, with Alibaba down by 3.49%, and other notable declines including Meituan, JD.com, and Tencent, each falling over 1% [3][5] - AI application concept stocks continued to decline, particularly in the AI healthcare sector, with significant drops in stocks like Baidu and iFlytek [6][7] Healthcare Sector - AI healthcare concept stocks saw substantial declines, with Baidu down over 8%, and iFlytek and other related stocks also experiencing drops exceeding 5% [7] - Biopharmaceutical stocks collectively fell, with notable declines in stocks like Kelun-B and WuXi Biologics, each dropping over 4% [8] Education Sector - Education stocks faced declines, with Dadi Education down over 9% and several others like Australia Chengfeng Higher Education and Excellence Education Group dropping over 3% [9] Copper and Mining Sector - Copper stocks experienced a pullback, with Jin Xun Resources down by 6.81% and Jiangxi Copper falling over 3% [11] Financial Sector - Chinese brokerage and insurance stocks showed weak performance, with Shenwan Hongyuan down over 3% and several others like China Galaxy and China Pacific Insurance also declining [12] Consumer Sector - The aviation industry showed a strong recovery trend, with China Eastern Airlines rising over 9%, supported by positive forecasts for passenger transport during the upcoming Spring Festival [16][17] Energy Sector - Electric power equipment stocks rose, with Dongfang Electric up over 6% and Harbin Electric up over 5%, driven by significant investment plans from the State Grid Corporation [18] - Oil stocks also saw gains, with China Petroleum and Chemical Corporation up over 3% [22] Precious Metals - Gold and precious metals performed actively, with gold prices reaching historical highs due to geopolitical tensions and increased demand for safe-haven assets [21][22] Investment Outlook - Analysts suggest that the technology sector remains a long-term investment focus, with potential for upward movement due to multiple favorable factors including price increases in the supply chain and accelerated AI applications [25]

Core Insights - Counterpoint Research reports a 1.6% year-on-year decline in China's smartphone shipments for Q4 2025, with an overall annual decrease of 0.6% [1] - Apple leads the domestic market with a 21.8% market share in Q4, followed by OPPO at 15.8% and vivo at 15.7% [1] - Huawei maintains the top position for the entire year with a 16.9% market share, closely followed by Apple (16.7%) and vivo (16.4%) [1] Group 1: Market Performance - Apple's Q4 shipments surged by 28% year-on-year, driven by strong demand for the iPhone 17 series and increased supply [4] - OPPO achieved a 15% year-on-year growth in Q4, supported by strong demand for the Reno series and contributions from the newly launched Find X9 and OnePlus 15 series [5] - Huawei's mid-to-high-end models performed well after price promotions, despite a decline in the second half of the year [5] Group 2: Product Insights - The iPhone Air's late launch and design compromises have led to a slow start, but it is expected to have a long-term impact on the eSIM smartphone market [5] - Vivo's iQOO 15 offers strong value among devices with Qualcomm's latest flagship chip, while Xiaomi's 17 series has gained attention for its Pro model's unique back screen [6] - Honor's X70 and 400 series maintained steady demand, with the new WIN series noted for its cooling performance [6] Group 3: Industry Outlook - Counterpoint Research anticipates a 40%-50% increase in storage prices in Q1 2026, followed by an additional 20% rise in Q2 [6] - The low-end market (under $200) has been significantly impacted, with a 20%-30% increase in Bill of Materials (BoM) costs since the beginning of the year [7] - Global smartphone shipments are projected to decline by 2.1% in 2026, with an expected average selling price increase of 6.9% due to cost adjustments [7]

1月19日，小米集团合伙人、总裁，手机部总裁，小米品牌总经理卢伟冰发文宣布，2026全网首个"测到 死" 直播——Turbo 5 Max 续航耐力赛，明天9点开赛。Turbo 5 Max将以 9000mAh迎战友商9000mAh， 甚至正面硬刚10000mAh机型。 据海报显示，此次直播从早9点开启、持续"狂测一整天"。测试过程中，每赢1分钟，官方抽送1台新 机；若Turbo 5 Max续航落败，则抽奖福利翻倍；围观见证，额外抽100份黄金红包。 责任编辑：李昂 1月19日，小米集团合伙人、总裁，手机部总裁，小米品牌总经理卢伟冰发文宣布，2026全网首个"测到 死" 直播——Turbo 5 Max 续航耐力赛，明天9点开赛。Turbo 5 Max将以 9000mAh迎战友商9000mAh， 甚至正面硬刚10000mAh机型。 据海报显示，此次直播从早9点开启、持续"狂测一整天"。测试过程中，每赢1分钟，官方抽送1台新 机；若Turbo 5 Max续航落败，则抽奖福利翻倍；围观见证，额外抽100份黄金红包。 卢伟冰 窗 = 》 26-1-19 14:09 发布于 北京 来自 小米17 Ultra 徕卡版 Tur ...

小米创办人雷军今日发文称，新一代SU7的24小时耐力挑战是对三电技术（性能、续航、快充、耐久 等）综合能力的极致要求。 他指出，持续保持240km/h超高速行驶；长续航，单次行驶距离越长，最终成绩越好；充电快，充电时 长越短越好；散热强，连续几十次的快充快放；能耗低，每一度电都发挥到极致。 今天上午，小米汽车官微宣布，新一代SU7 Max取得 4264km 总行驶里程的 24 小时耐力挑战成绩，号 称"用短跑速度跑马拉松"。 据介绍，耐力挑战车辆通过连续跑 24 小时（含充电时间），挑战所能达到的最大行驶里程。这样的极 限场景测试，旨在给用户带来更强性能、更长续航、更可靠的用车体验。 来源：新浪网 【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 ...

小米创办人雷军今日发文称，新一代SU7的24小时耐力挑战是对三电技术（性能、续航、快充、耐久 等）综合能力的极致要求。 他指出，持续保持240km/h超高速行驶；长续航，单次行驶距离越长，最终成绩越好；充电快，充电时 长越短越好；散热强，连续几十次的快充快放；能耗低，每一度电都发挥到极致。 据介绍，耐力挑战车辆通过连续跑 24 小时（含充电时间），挑战所能达到的最大行驶里程。这样的极 限场景测试，旨在给用户带来更强性能、更长续航、更可靠的用车体验。 责任编辑：王翔 小米创办人雷军今日发文称，新一代SU7的24小时耐力挑战是对三电技术（性能、续航、快充、耐久 等）综合能力的极致要求。 今天上午，小米汽车官微宣布，新一代SU7 Max取得 4264km 总行驶里程的 24 小时耐力挑战成绩，号 称"用短跑速度跑马拉松"。 今天上午，小米汽车官微宣布，新一代SU7 Max取得 4264km 总行驶里程的 24 小时耐力挑战成绩，号 称"用短跑速度跑马拉松"。 他指出，持续保持240km/h超高速行驶；长续航，单次行驶距离越长，最终成绩越好；充电快，充电时 长越短越好；散热强，连续几十次的快充快放；能耗低，每一度电都 ...

1 月 19 日，小米汽车官微宣布：新一代 SU7 Max 取得 4264km 总行驶里程的 24 小时耐力挑战成绩，号称"用短跑速度跑马拉松"。 IT之家注意到，小米创办人、董事长兼 CEO 雷军今日发文对 24 小时耐力挑战进行了简单介绍：车辆连续跑 24 小时（含充电时间），挑 战所能达到的最大行驶里程。针对新一代 SU7 的 24 小时耐力挑战有哪些难点，雷军也作出解释： 这是对三电技术（性能、续航、快充、耐久等）综合能力的极致要求。持续保持 240km/h 超高速行驶；长续航，单次行驶距离越长，最 终成绩越好；充电快，充电时长越短越好；散热强，连续几十次的快充快放；能耗低，每一度电都发挥到极致。 来源：IT之家 ...

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ （来源：IT之家） IT之家 1 月 19 日消息，小米米家洗衣机 Pro 超电解智投洗烘 10kg 现已上架并开启预售，预售价为 3293 元。其采用超薄全嵌设计，支持祛除 20 种特殊污渍，具备 1.3 洗净比。 米家洗衣机Pro 超电解智投 洗烘10kg(邏錘圈 小 米 超 电 解 技 术 科 技 守 护 衣 物 本 色 I 小米超电解技术 祛渍净白防串色 自然杀菌无残留 祛除20种特殊污渍 1次洗白泛黄衣物 酱油、果汁、血渍轻松祛除 可替代50g彩源粉 4倍防串色 全水路杀菌99.99% 可替代15片护色片 除菌媲美洗衣消毒液 超高洗净比1.3 高温蒸汽+超电解冷水 远超国家标准1.03 双重除菌健康保障 除菌99.999% 除病素 QQQQQQ 脸蟹100% 31种洗护程序 专衣专研 呵护面料 蓬松羽绒洗烘 精致羊毛洗 宠物除毛洗 轻干洗 舒适柔软好亲肤 防止纤维缠绕缩水 除毛率高达92% 蒸汽渗透纤维,除皱祛味 12 m /1 011 IT之家汇总该产品主要信息如下： 这款洗衣机具备小米超电解技术，可祛除酱油、果汁等 20 ...

华泰证券则表示"（港股）情绪指标当前已经脱离恐慌区间，且空头比例明显下行，目前已到右侧收获 期"，同时指出港股"一季度市场反弹的核心因素并未发生根本变化"，包括：金融条件整体偏宽松、外 资和南向共振回流、盈利预期上修、AH比价下港股性价比再度凸显等。 中金公司指出："港股去年10月后偏弱因素有三：一是港股特色结构都不是焦点；二是资金面处于弱势 （美债利率居高不下，南向资金偏弱，港股IPO节奏加快）；三是更多反映基本面走弱。"但上述因素 到2026年，都将迎来转机。中金认为，短期看，"是否会因赛道降温将关注点推向港股、小盘价值甚至 大盘成长"。 在市场对港股反弹尚未形成共识时，部分聪明资金已逢低布局： 近日，不少机构建议关注港股成长板块，在本轮上涨中涨幅相对较少，若有合适的回撤买入机会，是不 错的介入时机。 财通证券看好恒生互联网的胜率，当前利多因素包括"平台经济支持+受益放权给企业，AI方面仍有潜 在催化，叠加两国关系进一步改善+人民币升值被动外资流入"。 1）外资方面，截至上周三，EPFR口径下外资净流入港股28.2亿美元（vs 前一周净流入15.4亿美元）， 其中主动型外资转为净流入1.6亿美元，创202 ...

新一代小米SU7 Max拥有先进的三电技术，新一代SU7标准版和Pro版升级为752V碳化硅高压平台，而 顶配的Max版接近900V的897V高压平台。 三是考验车辆的散热性能，需支撑连续几十次的快充快放操作；四是对能耗控制要求极高，要让每一度 电都发挥到极致。 此前，小米创办人、董事长兼CEO雷军曾透露，新一代小米SU7正全力推进进度，部分小米之家有望在 春节前展出实车。 新车已于1月7日开启小订，预售价区间为22.99万-30.99万元，预计2026年4月正式上市，目前已进入最 后筹备阶段，发布前将提前安排展车到店供用户体验。 快科技1月19日消息，小米汽车公布新一代SU7 Max的24小时耐力挑战赛的总行驶里程是4264km。 24小时耐力挑战，指的是车辆在包含充电时间的24小时内连续行驶，以挑战所能达到的最大行驶里程。 这项挑战的难点有很多：一是需要车辆持续保持240km/h超高速行驶，且具备长续航能力，单次行驶距 离越长，最终成绩越优；二是对补能效率要求严苛，充电速度越快、充电时长越短，越能减少时间损 耗。 与之匹配的是全系换装的V6s Plus超级电机：Pro版的CLTC综合续航里程首次突破900 ...