Core Insights - The Hang Seng Tech Index (HSTECH) has shown a slight increase of 0.07% as of September 3, 2025, with notable gains in stocks such as Alibaba Health (up 4.42%) and Baidu Group (up 2.30%) [3] - The AI industry is entering a new development cycle, driven by government policies and technological advancements, with a focus on AI as a core engine of new productivity [3] - The electric vehicle (EV) sector has seen record delivery numbers in August, with companies like Leap Motor and NIO reporting significant year-on-year growth [4] Industry Summary - The Hang Seng Tech Index ETF (159742) has experienced a recent decline of 0.13%, but has accumulated a 2.62% increase over the past two weeks [3] - The EV market is expected to maintain growth momentum due to the upcoming traditional sales peak and continued subsidies for trade-ins [4] - The Hang Seng Tech Index ETF has seen a net inflow of funds, totaling 373 million yuan over the past week, indicating strong investor interest [4] Financial Performance - The Hang Seng Tech Index ETF has achieved a net value increase of 41.03% over the past three years, with a maximum monthly return of 33.70% since inception [5] - The ETF's management fee is set at 0.50%, with a tracking error of 0.047% over the past three years, indicating high tracking precision [5] - The top ten weighted stocks in the HSTECH index account for 68.71% of the index, highlighting the concentration of investments in major tech companies [6]

瑞银发表研究报告指，蔚来第二季业绩符合预期。由于蔚来旗下乐道汽车的销售增长势头强劲，该行将 2025至27年销售预测上调2至19%，目标价由5.4美元上调至6.2美元，维持"中性"评级。 ...

造车11年，蔚来依然亏损224亿，李斌从理想主义者变身现实斗士。过去他只算大账，不在乎小账，如 今每个部门都得单独算账，砍项目，降服务，连自家的手机业务都快绝版。换电站投入60亿却难盈利， 连昂贵的服务也开始外包。不过蔚来坚持高端，死磕用户体验，哪怕卖一辆亏十万，李斌也硬扛，今天 就来聊聊李斌。 ...

9月3日早盘，港股三大指数集体上涨。盘面上，黄金板块震荡走高，机器人概念盘中活跃。A股同赛道 规模最大的恒生科技指数ETF（513180）跟随指数上涨，持仓股阿里健康、蔚来、京东健康、理想汽 车、百度集团、京东集团等涨幅居前，其中蔚来绩后一度涨超4%。 财通证券表示，据各公司发布的8月销量数据，零跑、小鹏、蔚来单月交付量均创历史新高。此外，新 发布车型销量表现较好，带动整体销量持续增长。华泰证券观点认为，考虑到蔚来L90爆款上量，公司 9~12月新车周期更加密集，且全新ES8和后续新车有望继续沿用爆款路线实现热销；以及规模效应释放 和内部降本增效等均为关键边际变好。 南向资金年内净买入突破万亿港元，近期主要流向港股AI核心资产。截至9月2日，南向资金已连续8日 净买入阿里巴巴。公开信息显示，恒生科技指数ETF（513180）标的指数囊括30家港股科技龙头，软硬 科技兼备，成分股深度聚焦AI产业链的上中下游，其中阿里、腾讯、小米、美团、中芯国际、比亚迪 等有望成为中国科技股"七巨头"。没有港股通账户的投资者或可通过恒生科技指数ETF（513180）一键 布局中国AI核心资产。（场外联接A/C：013402/01 ...

9月3日港股开盘，恒指涨0.64%，恒生科技指数涨0.99%。 蔚来、理想汽车涨超3%，京东集团、百度集团涨超2%，小米集团涨近2%。 ...

Market Performance - Hang Seng Index (HSI) fell by 120 points or 0.5%, closing at 25,496 points[1] - National Index dropped by 13 points or 0.2%, ending at 9,108 points[1] - Hang Seng Tech Index decreased by 70 points or 1.2%, closing at 5,728 points[1] - Total market turnover was HKD 328.119 billion[1] Economic Indicators - People's Bank of China conducted a 7-day reverse repurchase operation of CNY 255.7 billion at a steady rate of 1.4%[1] - CNY appreciated by 17 points against USD, with a midpoint rate of 7.1089[1] A-Share Market Trends - A-share indices experienced declines, with Shenzhen Component Index and ChiNext Index dropping over 2%[1] - Shanghai Composite Index reached a high of 3,885 points before closing down 17 points or 0.45% at 3,858 points[1] Real Estate Market Insights - Shanghai's second-hand housing market saw a daily net signing of 1,103 units on August 30, a three-month high[3] - August's second-hand home transactions exceeded 19,900 units, marking a year-on-year increase of approximately 12% and a month-on-month increase of 3.44%[3]

智通财经APP获悉，蔚来-SW(09866)绩后涨超4%，截至发稿，涨4.31%，报53.25港元，成交额3042.02 万港元。 消息面上，蔚来汽车发布第二季度业绩，营收190.1亿元，同比增长9%，环比增长57.9%；净亏损则收 窄至人民币49.948亿元。公司二季度交付72056台，同比增长25.6%，环比增长71.2%。三季度交付指引 87000台至91000台，同比增长40.7%至47.1%，三季度营收指引218.1亿元至228.8亿元。均创历史新高。 值得一提的是，今年8月，蔚来汽车交付新车3.13万辆，同比增长55.2%，创历史新高。其中，蔚来品牌 交付新车1.05万辆，乐道品牌交付新车1.64万辆，firefly萤火虫品牌交付新车4346辆。乐道L90上市首月 交付1.06万辆，是蔚来历史上交付破万辆最快的车型。 ...

值得一提的是，今年8月，蔚来汽车交付新车3.13万辆，同比增长55.2%，创历史新高。其中，蔚来品牌 交付新车1.05万辆，乐道品牌交付新车1.64万辆，firefly萤火虫品牌交付新车4346辆。乐道L90上市首月 交付1.06万辆，是蔚来历史上交付破万辆最快的车型。 消息面上，蔚来汽车发布第二季度业绩，营收190.1亿元，同比增长9%，环比增长57.9%；净亏损则收 窄至人民币49.948亿元。公司二季度交付72056台，同比增长25.6%，环比增长71.2%。三季度交付指引 87000台至91000台，同比增长40.7%至47.1%，三季度营收指引218.1亿元至228.8亿元。均创历史新高。 蔚来-SW(09866)绩后涨超4%，截至发稿，涨4.31%，报53.25港元，成交额3042.02万港元。 ...

李斌称蔚来成本优化效果显著 蔚来发布2025年第二季度财报。财报显示，蔚来第二季度营收190亿元，同比增长9%；净亏损49.9亿 元，同比收窄1%。蔚来第二季度交付汽车7.2万辆，同比增长25.6%。CEO李斌在2025年二季度财报电 话会上表示，公司整车毛利率保持稳健，成本优化效果显著。 iPhone17系列最新价格预测出炉 摩根大通现已公布苹果 iPhone 17 系列手机定价分析。摩根大通预测定价如下：iPhone 17起售价799美 元；iPhone 17 Air售价899-949美元；iPhone 17 Pro起售价1099美元；iPhone 17 Pro Max起售价1199美 元。具体定价策略方面，预计iPhone 17 标准版和Pro Max不会涨价，而 iPhone 17 Air相对于iPhone 16 Plus最多涨价50 美元，iPhone 17 Pro 预计涨价100美元，但起始存储空间将同步上升。 宇树科技将在第四季度提交IPO申请 9月2日，宇树科技在社交平台X发文披露机器人业务声明称，公司一直是一家民用机器人公司，根据 IPO计划，将在今年10月至12月之间提交上市文件，届时将披 ...

3 September 2025 | 7:07AM CST NIO Inc. (NIO): 2Q25 First Take: Gross profit miss but EBIT in-line; Neutral Nio reported 2Q25 results with revenue/gross profit missing GSe by -4%/-11% but EBIT was largely in-line on lower-than-expect SG&A expenses. Key areas of surprises: (1) revenue was -4%/-5%/-5% vs. GSe/Bloomberg Consensus/Visible Alpha Consensus. Vehicle revenue was -9% vs. GSe likely due to larger-than-expected sales promotions. Other revenue (+63% yoy/+37% qoq) was +36% vs. GSe, potentially from reven ...