2月3日消息，港股三大指数涨跌不一。截至午间收盘，恒生指数涨0.2%，报26830.23点，恒生科技指数 跌1.32%，国企指数跌0.22%。盘面上，科网股普跌，快手、哔哩哔哩跌超4%，百度、腾讯跌超3%，阿 里巴巴、小米、美团跌超1%；商业航天概念股涨幅居前，亚太卫星涨超9%；中资券商股走弱，中金公 司跌超2%；东鹏饮料港股首日破发。 | 名称 | 最新价 | 涨跌额 | 涨跌幅 ^ | | --- | --- | --- | --- | | 恒生科技指数 | 5453.46 | -72.85 | -1.32% | | 800700 | | | | | 国企指数 | 9060.38 | -19.81 | -0.22% | | 800100 | | | | | 恒生指数 | 26830.23 | +54.66 | +0.20% | | 800000 | | | | 商业航天概念股涨幅居前，亚太卫星涨超9%。SpaceX官网发布马斯克署名的公告，宣布SpaceX已收购 xAI，合并后公司将整合人工智能、火箭、天基互联网、移动设备直连的通信。此外，SpaceX近日向美 国联邦通信委员会提交申请部署百万颗卫星，以构 ...

Core Insights - Xiaomi's founder and CEO Lei Jun announced that multiple research achievements from the Xiaomi team have been selected for ICLR 2026, focusing on areas such as multimodal reasoning, reinforcement learning, GUI agents, end-to-end autonomous driving, and audio generation [1] Group 1: Reinforcement Learning - The Xiaomi team's research titled "Shuffle-R1" introduces a dynamic data reorganization framework that addresses challenges in multimodal large model training, significantly improving gradient signal quality while surpassing existing reinforcement learning baselines with minimal computational overhead [2] Group 2: Mobile Intelligent Agents - The "MobileIPL" framework developed by the Xiaomi team pioneers iterative preference learning, optimizing thinking steps at a granular level and overcoming the scarcity of high-quality trajectories, achieving record performance in mainstream GUI-Agent tests [4] Group 3: End-to-End Autonomous Driving - The "ReCogDrive" research integrates innovative technologies by injecting prior driving knowledge into a hierarchical cognitive data pipeline, utilizing a cognitive-guided diffusion planner to generate physically feasible trajectories, and introducing the DiffGRPO reinforcement learning algorithm to directly optimize driving strategies, leading in closed-loop tests [5] Group 4: Other Innovations - Additional innovations from the Xiaomi team include "ThinkOmni," which enables zero-cost transfer of text reasoning capabilities to all modalities; "Flow2GAN," which combines flow matching and adversarial generation for high-fidelity audio synthesis; and "WorldSplat," which advances 4D driving scene generation technology [5]

Core Insights - Xiaomi's founder and CEO Lei Jun announced that multiple research achievements from the Xiaomi team have been selected for ICLR 2026, covering areas such as multimodal reasoning, reinforcement learning, GUI agents, end-to-end autonomous driving, and audio generation [1][3]. Group 1: Research Achievements - The research paper titled "Shuffle-R1: Efficient RL framework for Multimodal Large Language Models via Data-centric Dynamic Shuffle" addresses inefficiencies in existing reinforcement learning training processes, particularly issues like Advantage Collapsing and Rollout Silencing, which hinder long-term optimization capabilities [4]. - Shuffle-R1 proposes a streamlined reinforcement learning framework that significantly enhances training efficiency through two core designs: Pairwise Trajectory Sampling and Advantage-based Batch Shuffle, leading to improved gradient signal quality and increased exposure of valuable trajectories [4]. - Experimental results indicate that Shuffle-R1 consistently outperforms various reinforcement learning baselines with minimal computational overhead [4]. Group 2: Mobile Agents and GUI - The paper "MobileIPL: Enhancing Mobile Agents Thinking Process via Iterative Preference Learning" introduces a framework to improve the reasoning and planning capabilities of Mobile GUI Agents, addressing challenges such as the scarcity of high-quality CoaT trajectories and the limitations of existing self-training methods [7][8]. - MobileIPL employs Thinking-level DPO and Instruction Evolution to enhance process supervision and expand task distribution, resulting in state-of-the-art performance on mainstream GUI-Agent benchmarks [8][10]. Group 3: Language Models - "FutureMind: Equipping Small Language Models with Strategic Thinking-Pattern Priors via Adaptive Knowledge Distillation" presents a modular reasoning framework for small language models (SLMs) that enhances their performance in complex tasks without additional training or parameter increments [12][13]. - FutureMind extracts advanced cognitive abilities from large language models (LLMs) through adaptive knowledge distillation, creating a dynamic reasoning pipeline that significantly improves reasoning efficiency and retrieval accuracy [12][13]. Group 4: Multimodal Reasoning - The paper "ThinkOmni: Lifting Textual Reasoning to Omni-modal Scenarios via Guidance Decoding" proposes a framework that transfers mature textual reasoning capabilities to multimodal scenarios without the need for costly model fine-tuning [16][17]. - ThinkOmni includes components like LRM-as-a-Guide and Stepwise Contrastive Scaling, which balance perception and reasoning signals, demonstrating consistent performance improvements across multiple multimodal reasoning benchmarks [17]. Group 5: Audio Generation - "Flow2GAN: Hybrid Flow Matching and GAN with Multi-Resolution Network for Few-step High-Fidelity Audio Generation" introduces a two-stage audio generation framework that combines Flow Matching pre-training with lightweight GAN fine-tuning for efficient audio generation [23][24]. - The framework enhances audio modeling capabilities by addressing the unique properties of audio signals and demonstrates superior performance in generating high-fidelity audio with improved computational efficiency compared to existing methods [24].

2月3日消息，雷军发微博表示，小米团队的多篇最新研究成果，成功入选 ICLR 2026，研究方向涵盖多 模态推理、强化学习、GUI Agent、端到端自动驾驶以及音频生成等领域。 据介绍，ICLR 是人工智能领域国际顶级会议之一，致力推动人工智能理论与方法的前沿研究与创新发 展。 责任编辑：李思阳 2月3日消息，雷军发微博表示，小米团队的多篇最新研究成果，成功入选 ICLR 2026，研究方向涵盖多 模态推理、强化学习、GUI Agent、端到端自动驾驶以及音频生成等领域。 据介绍，ICLR 是人工智能领域国际顶级会议之一，致力推动人工智能理论与方法的前沿研究与创新发 展。 责任编辑：李思阳 ...

（原标题：港股概念追踪|以旧换新政策带动消费需求释放 机构普遍看好家电产业链估值回暖（附概念 股）） 国家税务总局利用税收大数据对消费情况进行跟踪分析显示，2025年我国消费市场活跃。 智通财经APP获悉，新一轮以旧换新行动正在各地火热进行。在济南市济阳区，这几天就开展起乡村国 补活动，上百款家电、3C产品走进村镇，当地政府专项下发国补资格码，村民不仅可以直接享受国 补，还能额外享受到商家补贴，上千名附近村镇居民涌入活动现场，热闹非凡。 中信建投发布研报称，2026年面临铜价中枢上移与人民币升值的双重考验，该行认为其对家电龙头盈利 的冲击整体可控。过往经验看，顺价是化解成本压力最为有效的核心手段。国补落地下需求有支撑，元 旦后提价存共识。凭借强大的终端定价权、成熟的成本传导机制以及完善的汇率风险管理体系，龙头企 业有能力穿越周期波动，维持盈利模型的稳健。 当前板块估值处于历史低位，兼具稳健增长与高分红特性，配置价值凸显。 中信证券指出，预期改善，2025Q4主动偏股型基金重仓家电比例环比回升，但仍处于历史较低水平。 其中重仓白电比例有所回升；黑电持仓比例持平；厨电、小家电、照明、零部件板块关注度分化。展望 未 ...

国家税务总局利用税收大数据对消费情况进行跟踪分析显示，2025年我国消费市场活跃。 家电（核心股）产业链相关港股： 美的集团(00300)、海尔智家(06690)、海信家电（核心股）(00921)、TCL电子(01070)、创维集团 （00751）、小米集团-W（01810） 股票频道更多独家策划、专家专栏，免费查阅>> 责任编辑：栎树 2025年，在以旧换新政策带动下，冰箱等日用家电（核心股）零售业、燃气灶等厨具卫具零售业、手机 等通信设备零售业销售收入同比分别增长17.4%、12.9%和18.6%，消费需求加速释放。 智通财经获悉，新一轮以旧换新行动正在各地火热进行。在济南市济阳区，这几天就开展起乡村国补活 动，上百款家电（核心股）、3C产品走进村镇，当地政府专项下发国补资格码，村民不仅可以直接享 受国补，还能额外享受到商家补贴，上千名附近村镇居民涌入活动现场，热闹非凡。 中信建投发布研报称，2026年面临铜价中枢上移与人民币升值的双重考验，该行认为其对家电（核心 股）龙头盈利的冲击整体可控。过往经验看，顺价是化解成本压力最为有效的核心手段。国补落地下需 求有支撑，元旦后提价存共识。凭借强大的终端定价权、 ...

2月3日，小米公司创始人、董事长、首席执行官雷军发文详细介绍了小米汽车实验室中的轮耦合道路模 拟试验室，其可以模拟整车在各种颠簸路面上的振动，验证车辆的结构耐久性。 俗称四立柱试验室，模拟整车在各种颠簸路面上的振动，验证车辆的结构耐久性。通过载荷采集和迭代 技术，将比利时路、减速带、搓板路、方坑路等多种典型强化颠簸路面的数据，精准复刻至室内台架， 通过四个液压激振器（单个推力高达 5 吨）来驱动车辆振动。 责任编辑：李昂 2月3日，小米公司创始人、董事长、首席执行官雷军发文详细介绍了小米汽车实验室中的轮耦合道路模 拟试验室，其可以模拟整车在各种颠簸路面上的振动，验证车辆的结构耐久性。 俗称四立柱试验室，模拟整车在各种颠簸路面上的振动，验证车辆的结构耐久性。通过载荷采集和迭代 技术，将比利时路、减速带、搓板路、方坑路等多种典型强化颠簸路面的数据，精准复刻至室内台架， 通过四个液压激振器（单个推力高达 5 吨）来驱动车辆振动。 同时叠加高低温湿热环境和阳光模拟系统，舱内温度可支持-40℃ 至 60℃ 快速切换，相当于在较短时间 内模拟把车从漠河开到吐鲁番。 通过这样的疲劳加速技术，一辆车通过 2-3 周强化测试， ...

责任编辑：李思阳 据报道，2月2日，小米集团参谋长潘九堂在朋友圈向亲友公开喊话卖车，潘九堂表示：我已转行卖车， 如果最近有买车需求可以找我，助我成为销冠。他还称小米SU7和小米YU7都是该价格段的销冠，并夸 赞小米汽车操控性和智能座舱流畅性好。 对此，潘九堂微博发文澄清表示：朋友圈的玩笑又被截图写成新闻，澄清下，只是看到很多也是小米车 主的同事玩"车主邀请好友"转介绍活动玩得飞起，一时好胜心起。顺便说下，订单储备有三个多月现在 行业里可是顶尖水平，大部分车企应该都是现车供应。 公开 据报道，2月2日，小米集团参谋长潘九堂在朋友圈向亲友公开喊话卖车，潘九堂表示：我已转行卖车， 如果最近有买车需求可以找我，助我成为销冠。他还称小米SU7和小米YU7都是该价格段的销冠，并夸 赞小米汽车操控性和智能座舱流畅性好。 对此，潘九堂微博发文澄清表示：朋友圈的玩笑又被截图写成新闻，澄清下，只是看到很多也是小米车 主的同事玩"车主邀请好友"转介绍活动玩得飞起，一时好胜心起。顺便说下，订单储备有三个多月现在 行业里可是顶尖水平，大部分车企应该都是现车供应。 潘九堂 曾 = > 26-2-3 07:52 发布于 北京 来自 Xia ...

国家知识产权局信息显示，北京小米移动软件有限公司取得一项名为"指示终端状态的方法、装置和存 储介质"的专利，授权公告号CN116724533B，申请日期为2023年3月。 作者：情报员 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。 本文源自：市场资讯 天眼查资料显示，北京小米移动软件有限公司，成立于2012年，位于北京市，是一家以从事软件和信息 技术服务业为主的企业。企业注册资本148800万人民币。通过天眼查大数据分析，北京小米移动软件有 限公司共对外投资了4家企业，参与招投标项目150次，专利信息5000条，此外企业还拥有行政许可123 个。 ...

Group 1 - SpaceX has announced the acquisition of AI company xAI, which is also under Elon Musk's ownership [2] - Oracle plans to raise $25 billion through bonds related to AI financing, marking the largest financing deal in the U.S. corporate sector this year [4] - CPE Yuanfeng has completed a deal to acquire a controlling stake in Burger King's China operations, injecting $350 million and aiming to expand the number of stores from approximately 1,250 to over 4,000 by 2035 [5] Group 2 - Tesla's humanoid robot is set to begin mass production by the end of 2026, with an expected annual output of 1 million units [8] - Xiaomi's CEO Lei Jun responded to concerns about a decline in car deliveries, explaining that January's figures were affected by the seasonal market and the discontinuation of the first-generation SU7 model [18] - The Shanghai government has initiated a project to purchase second-hand housing for affordable rental housing, targeting new citizens, young people, and graduates [9]