Market Overview - The Hang Seng Index opened up by 0.66% at 25,710.61 points, while the Hang Seng Tech Index rose by 0.55% to 5,611.93 points [1][2]. Sector Performance - The Hang Seng Biotechnology Index increased by 0.44% to 15,159.39 points, and the Hang Seng China Enterprises Index gained 0.58% to 9,006.27 points [2]. - The Hang Seng Composite Index saw a rise of 0.71%, reaching 3,940.90 points [2]. Notable Stocks - Stocks such as Pop Mart, Zijin Mining, and HSBC opened with gains exceeding 2% [2]. - Tech stocks showed strength, with companies like NetEase, Alibaba, and Bilibili all rising over 1% [3]. Individual Stock Movements - Kingdee International rose by 2.00% to 14.250, while Midea Group increased by 1.63% to 90.450 [4]. - Alibaba's stock price reached 155.000, reflecting a 1.17% increase, and NetEase rose to 213.200, up by 1.14% [4]. - Other notable movements included Tencent Holdings at 609.000 (+1.00%) and BYD Company at 98.400 (+0.66%) [4].

华夏基金认为，港股科技此前因非理性恐慌超跌，现利空已缓解，展望未来，AI发展路径务实，商业 化清晰，且估值处于历史低位，或先于A股和恒指恢复到震荡上行的格局。当前宜左侧布局，静待产业 或流动性催化。 光大证券表示，经历2025年反弹后，从估值来看，目前恒指市盈率高于过去5年均值，并向上偏离约一 个标准差，反映总体估值有所修复，但于处合理区间;而科技指数刚回升至5年均值，反映估值仍有追落 后的空间。港股明年有机会再次见到30,000点以上的水平。近20年，港股股息收益率与内地10年债息之 差，与恒指的走势是呈现出高度负相关性。随着近年港股上市企业逐步提升派息水平，恒指30,000点所 对应的股息收益率仍然较目前内地债息环境具吸引力。 本文转载自"腾讯自选股"，智通财经编辑：冯秋怡。 恒生指数高开0.66%，恒生科技指数涨0.55%。盘面上，科网股强势，阿里巴巴、哔哩哔哩涨超1%；黄 金、铜等有色金属股继续活跃，紫金矿业涨2%。 关于港股后市 东吴证券认为，港股短期还处在左侧阶段，反弹还需等待。中期配置来看，当前位置有吸引力。AI科 技龙头估值处在合理区间，一旦有新催化，资金启动，恒生科技会有明显反弹。但该机构也 ...

| 公司名称 | 持股额变动 | 持股数变动 | | --- | --- | --- | | 小米集团－Ｗ(01810) | +43.23亿元 | +10346.72万股 | | 盈富基金(02800) | +29.93亿元 | +11644.65万股 | | 零跑汽车(09863) | +10.16亿元 | +2051.66万股 | | 招商银行(03968) | +8.21亿元 | +1629.80万股 | | 比亚迪股份(01211) | +7.60亿元 | +777.90万股 | | 美团-W(03690) | +6.14亿元 | +613.64万股 | | 泡泡玛特(09992) | +5.06亿元 | +265.63万股 | | 恆生中国企业(02828) | +4.77亿元 | +520.34万股 | | 康方生物(09926) | +4.53亿元 | +387.80万股 | | 商汤-W(00020) | +3.89亿元 | +18009.70万股 | 3、港股通最近5个交易日减持榜（前10名） | 公司名称 | 持股额变动 | 持股数变动 | | --- | --- | --- | | 腾讯 ...

智通财经APP获悉，华润啤酒-R(80291)、友邦保险-R(81299)、安踏体育-R(82020)上一交易日沽空比率 位于前三位，分别为100.00%、100.00%、100.00%。阿里巴巴-SW(09988)、腾讯控股(00700)、建设银行 (00939)的沽空金额位居前三，分别为14.85 亿元、11.63 亿元、9.21 亿元。华润啤酒-R(80291)、友邦保 险-R(81299)、春立医疗(01858)的偏离值位居前三，分别为37.08%、34.84%、34.29%。 | 股票名称 | 沽空金额 | 沽空比率 | 偏离值↓ | | --- | --- | --- | --- | | 华润啤酒-R(80291) | 31.21 万元 | 100.00% | 37.08% | | 友邦保险-R(81299) | 8.38 万元 | 100.00% | 34.84% | | 春立医疗(01858) | 928.20 万元 | 40.92% | 34.29% | | 百度集团-SWR(89888) | 279.32 万元 | 69.26% | 32.64% | | () | 6025.95 万元 | ...

Group 1: Federal Reserve Actions - The Federal Reserve announced a 25 basis point cut in the federal funds rate target range to 3.50%-3.75%, marking the third rate cut of the year [1] - Fed Chairman Powell stated that discussions of rate hikes in early next year are not on the table, leading to a significant rebound in U.S. stock indices [1] - The decision to cut rates was not unanimously supported, with three dissenting votes, highlighting internal divisions within the Fed [6] Group 2: Market Reactions - Major U.S. stock indices saw substantial gains, with the Dow Jones up 497.46 points (1.05%), the S&P 500 approaching its historical high, and the Nasdaq rising 0.33% [1][2] - Large tech stocks showed mixed performance, with Tesla, Amazon, and Google rising over 1%, while Meta and Microsoft experienced declines [1][2] Group 3: Commodity and Cryptocurrency Markets - The commodity market was active, with spot silver rising 1.83% to $61.7854 per ounce, and COMEX silver futures increasing 2.27% to $62.230 per ounce, both reaching historical highs [2] - Gold also saw an increase of 0.46%, priced at $4227.37 per ounce, while the cryptocurrency market strengthened, with Bitcoin reaching $93,000 and Ethereum rising to $3,400 [2] Group 4: Chinese Stocks and Foreign Investment - Chinese stocks performed well, with the Nasdaq China Golden Dragon Index rising 0.65%, and notable gains in companies like Xiaoma Zhixing, Alibaba, and Baidu [3] - Foreign investment interest in Chinese assets is increasing, with predictions of an 18% rise in the MSCI China Index by the end of 2026, supported by robust economic growth and improved corporate earnings [5] Group 5: Economic Outlook - The Fed raised its GDP growth forecast for 2026 by 0.5 percentage points to 2.3%, while inflation is expected to remain above the 2% target until 2028 [7] - Market analysts expect the Fed to maintain a dovish stance, with potential further rate cuts anticipated in 2026 [8][9]

| 2025年12月11日 星期四 | NO.1超盒算NB全国首个产地仓正式启用 12月9日，香港丽新发布公告称，公司旗下实际控制的主体TIL出售了其100%持股的Surearn Profits Limited的股权，上述股权对应的底层资产为位于香港中环的中国建设银行大厦部分办公楼层，面积约 11202平方米（含公区摊销面积），交易还需获得相关审批。《每日经济新闻》记者12月10日了解到， 收购方为京东控股的投资主体。中国建设银行大厦位于香港中环干诺道中3号，是中环地区重要的甲级 摩天商业大厦。对于此次购得大厦部分楼层，京东方面对记者表示，京东始终看好在香港的发展，将围 绕供应链持续投资推动零售、物流、技术研发等业务融入香港。 点评：从业务布局来看，京东此次购楼并非孤立动作，而是其今年在港系列战略投入的延续，彰显了对 香港市场发展潜力的长期看好。后续京东如何整合这一物业资源，与现有供应链、零售等业务形成联 动，值得关注。 NO.3千问月活突破3000万 12月10日消息，阿里巴巴官方信息显示，自11月17日公测仅23天，千问月活跃用户数（含APP、Web、 PC端）已突破3000万，成为全球增长最快的AI应用 ...

Group 1 - The first production warehouse of Hema's budget community supermarket, Super Box NB, has officially opened in Shouguang, Shandong, adopting a "one location supplies nationwide" model to directly supply fresh vegetables to cities like Shanghai, Hangzhou, and Suzhou [1] - The Shouguang warehouse is the starting point of Super Box NB's national production warehouse network, with plans to establish additional warehouses in key vegetable production areas such as Yunnan, Gansu, and Zhangjiakou, covering high-turnover items like tomatoes and potatoes [1] - The production warehouse model reduces the circulation intermediaries in vegetable distribution, shortening the distance from production to consumers, which lowers circulation costs and enhances vegetable freshness, improving consumer experience [1] Group 2 - JD.com has acquired part of the office floors in the China Construction Bank Tower located in Central Hong Kong, with the transaction involving approximately 11,202 square meters of space [2] - This acquisition is part of JD's ongoing strategic investments in Hong Kong, reflecting the company's long-term optimism about the market's development potential [2] - The integration of this property resource with JD's existing supply chain and retail operations will be a key focus moving forward [2] Group 3 - Alibaba's Qianwen has surpassed 30 million monthly active users just 23 days after its public beta launch, making it the fastest-growing AI application globally [3] - Qianwen is expanding its capabilities from basic chat functions to practical applications, launching new features such as AI PPT, AI writing, AI library, and AI question answering [3] - The rapid user growth indicates strong market demand for AI applications and highlights Alibaba's advantages in AI technology development and product promotion, although competition in the AI application market remains intense [3]

据IT之家12月10日消息，千问发布数据，月活跃用户数（含App、Web、PC端）已突破3000万，距离其 11月17日公测仅过去23天，成为全球增长最快的AI应用。 润建股份：公司与阿里在AI应用、算力等多个领域开展了业务合作，订单持续落地；此外，公司五象 云谷智算中心定位于"中国-东盟AI合作核心枢纽"，为出海东盟企业伙伴提供承载、算力、算法、数 据、生态等关键支撑。 *免责声明：文章内容仅供参考，不构成投资建议 *风险提示：股市有风险，入市需谨慎 国海证券表示，此次阿里AI应用布局向C端市场的倾斜意味着未来一到两年内，千问APP有望被打造成 新的高频超级入口，并与阿里电商、文娱、本地生活深度协同。考虑到阿里积累的深厚用户基本盘与大 规模AI基建规划，相关AI应用及算力产业链将持续受益。 中航证券认为，国产AI正从模型竞赛进入系统整合+场景渗透的关键阶段，端侧入口成型、模型能力实 用化、多模态工具成熟三条主线共同驱动AI应用落地节奏加快。 公司方面，据上市公司互动平台表示， 南兴股份：公司子公司唯一网络为阿里云重要的机房及带宽资源供应商，长期为阿里云提供稳定、高效 且安全的基础设施支持；同时入选2024福 ...

每经编辑｜张喜威 王晓波 V中国商务部召开12月第2次例行新闻发 2 2025算力产业生态高质量发展大会将 11日举办 3 中国有1808亿元7天期逆回购到期 4 美国12月6日当周首次申请失业救济/ 1 隔夜市场 国际油价集体走高，截至发稿时，美油主力合约涨1.25%，报58.98美元/桶；布伦特原油主力合约涨1.18%，报62.67美元/桶。 现货黄金涨0.47%，报4228美元/盎司；COMEX黄金期货涨0.51%，报4257.8美元/盎司。 欧洲三大股指收盘涨跌不一，德国DAX指数跌0.37%报24073.23点，法国CAC40指数跌0.37%报8022.69点，英国富时100指数涨0.14%报9655.53点。 2 外交部：日方现在应该做的是认认真真反思纠错 老老实实撤回错误言论 12月10日，外交部发言人郭嘉昆主持例行记者会。在回答日方恶意炒作所谓"雷达照射"的问题时，郭嘉昆表示，中方已多次就此阐明严正立场，事实真相十 分清楚。日方此前声称没有接到中方通报，现在又承认事先收到了中方的信息，前后矛盾，顾左右而言他。日方还拒不解释，在事先收到通报的情况下，为 何执意派战斗机擅自闯入中方演训区域，抵近侦 ...

Its AI model Qwen is apparently part of a major development program across the Pacific Ocean.Following news that it is reportedly involved in a significant artificial intelligence (AI) initiative by a major U.S. tech company, Alibaba Group (BABA +1.83%) stock closed higher on Wednesday. Investors pushed the shares almost 2% skyward, a rate that beat the 0.7% gain of the benchmark S&P 500 index. A new AI initiativeBefore market open that day, Bloomberg reported that social media titan Meta Platforms is makin ...