格隆汇12月22日｜国产"GPU四小龙"之一的壁仞科技(6082.HK)今起招股，港股市场芯片股集体走强。 其中，中芯国际涨近8%，华虹半导体涨超5%，英诺赛科、ASMPT涨超4%。 ...

Group 1 - The core point of the article highlights the shift in market capitalization leadership in Sichuan Province from Wuliangye to the optical module leader, Xinyi Sheng, reflecting the explosive growth in the electronics industry [2][3] - The AI wave has significantly impacted the electronic and communication industries, leading to a surge in technology stocks across various sectors and driving profound changes in the market landscape [3][4] - The total market capitalization of A-shares has increased from 48.6 trillion yuan at the beginning of the year to 56.5 trillion yuan by year-end, marking a growth of nearly 8 trillion yuan [4] Group 2 - As of December 19, 2025, the total market capitalization of A-shares reached 120.31 trillion yuan, representing a year-to-date increase of 22.2% [5][6] - The top five provinces in terms of market capitalization are Beijing, Guangdong, Shanghai, Zhejiang, and Jiangsu, with a highly concentrated "pyramid" structure in market value distribution [5][6] - Fujian Province saw a remarkable market capitalization growth of 51.73%, driven by the strong performance of major companies like CATL and Zijin Mining, moving from seventh to sixth place in rankings [9] Group 3 - The Yangtze River Delta region leads with a total market capitalization of 31.51 trillion yuan, accounting for 26.2% of the A-share market, with significant contributions from semiconductor and AI hardware companies [10][11] - The market capitalization of Jiangsu and Zhejiang provinces grew by over 29%, showcasing their robust private economy and industrial upgrade momentum [11][12] - The total market capitalization of the Pearl River Delta reached 18.3 trillion yuan, benefiting from the development of electronics, automotive, and biomedicine industries [12] Group 4 - Major cities like Beijing, Shenzhen, and Shanghai continue to dominate A-share market capitalization, with Beijing's market value at 32.88 trillion yuan, supported by state-owned enterprises and tech companies [15] - Shenzhen's market capitalization increased by 23.1% to 12.23 trillion yuan, driven by key players in technology, finance, and new energy sectors [15] - The city of Suzhou experienced a significant market capitalization increase of 8839 billion yuan, with strong performances in advanced manufacturing sectors [16]

（文章来源：每日经济新闻） 每经AI快讯，12月22日，中芯国际A股、H股齐涨，H股涨超5%，A股涨超3%。 ...

Group 1 - The semiconductor industry is experiencing a significant rally, with major stocks in the chip supply chain seeing substantial gains, particularly in the storage and upstream equipment sectors [1] - The semiconductor equipment ETF (561980) rose nearly 3.8% at one point, closing with a gain of 3.19% and a trading volume of 200 million yuan [1] - Key stocks such as Kema Technology hit the daily limit, while Shanghai Xinyang surged over 15%, and several other stocks increased by more than 7% [1] Group 2 - Bloomberg reported that China's chip technology is advancing rapidly, potentially leading to a "DeepSeek moment" by 2026 or 2027, which could disrupt Nvidia and its supply chain [1] - Domestic chip manufacturers are accelerating their IPOs to secure funding essential for achieving technological self-reliance and competing globally in AI [1] - The semiconductor equipment ETF (561980) tracks the CSI semiconductor index, with over 90% of its components coming from the equipment, materials, and integrated circuit design sectors [2] Group 3 - AI demand is driving global storage and advanced process capacity expansion, with expectations for accelerated domestic expansion in 2026-2027 [2] - Domestic equipment manufacturers are seeing a positive trend in orders, and companies with strong market positions in storage equipment are likely to benefit [2] - The storage sector is experiencing price increases, and major companies expect positive performance trends in Q4, indicating structural opportunities despite limited output next year [2]

中芯国际AH股齐涨，H股涨超5%，A股涨超3%。 ...

截至2025年12月22日 09:56，上证180指数(000010)上涨0.65%，成分股拓荆科技(688072)上涨6.39%，中 国中免(601888)上涨6.27%，紫金矿业(601899)上涨4.95%，山东黄金(600547)上涨4.20%，中金黄金 (600489)上涨4.11%。上证180ETF指数基金(530280)上涨0.58%，最新价报1.21元。 数据显示，截至2025年11月28日，上证180指数(000010)前十大权重股分别为贵州茅台(600519)、紫金矿 业(601899)、恒瑞医药(600276)、中国平安(601318)、寒武纪(688256)、药明康德(603259)、招商银行 (600036)、工业富联(601138)、中芯国际(688981)、长江电力(600900)，前十大权重股合计占比26.13%。 上证180ETF指数基金(530280)，场外联接(平安上证180ETF联接A：023547；平安上证180ETF联接C： 023548；平安上证180ETF联接E：024609)。 中金公司研报称，指数前期回调为投资者提供了较好的逢低布局"跨年"行情时机。配置上， ...

Group 1 - Hong Kong chip stocks saw significant gains, with InnoCare Pharma (02577.HK) and SMIC (00981.HK) both rising over 4% [1] - Other stocks that followed the upward trend include Hua Hong Semiconductor (01347.HK), Horizon Robotics (09660.HK), Jingmen Semiconductor (02878.HK), and ZTE Corporation (00763.HK) [1]

客户端 美股上周五继续向上，科技股表现向好，带动大市高开后持续向上，三大指数均录得升幅收市。美元走 势向好，美国十年期债息回升至4.14厘水平，金价表现向上，油价亦跟随造好。 今日港股三大指数集体高开，恒指开盘涨0.41%，报25795.94点，恒科指涨0.61%，国企指数涨0.49%。 盘面上，科网股涨多跌少，美团、哔哩哔哩涨超1%，网易跌近1%；黄金股普涨，灵宝黄金涨超2%；芯 片股活跃，中芯国际涨超1%；今日四只新股上市，印象大红袍、华芢生物、明基医院、南华期货挂 牌。 | 名称 | 最新价 | 涨跌幅 ▽ | | --- | --- | --- | | 恒生科技指数 | 5512.54 | +0.61% | | 800700 | | | | 国企指数 | 8944.74 | +0.49% | | 800100 | | | | 恒生指数 | 25795.94 | +0.41% | | 800000 | | | 责任编辑：郝欣煜 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 美股上周五继续向上，科技股表现向好，带动大市高开后持续 ...

近日，半导体设备龙头中微公司披露公告，公司正在筹划发行股份收购杭州众硅电子科技有限公司控股 权并募集配套资金。这是科创板头部企业进行产业整合的缩影。 在设计、IP与EDA等领域，企业并购需求迫切，高度关注标的"含科量"与"稀缺性"。上述领域市场被海 外全品类龙头垄断，国内专精型小企业居多。以模拟芯片行业为例，国内有超过400家企业，但本土企 业与国外大厂在规模、体量和核心能力上存在明显差距，外延并购无疑已成为企业补全产品矩阵的关键 路径。为达成预期整合效果，相关企业开展并购时也更注重研发资源、客户渠道、供应链的实质性协 同。如晶丰明源拟收购国内无线充电领域的头部企业易冲科技，夯实公司在消费领域的市场地位和技术 能力；概伦电子拟收购锐成芯微、纳能微两家IP公司，构建"EDA工具+半导体IP"双引擎。 理性看待交易终止 繁荣背后彰显产业定力 近期，半导体领域部分并购交易终止引发市场关注，但这并非产业整合遇冷，而是市场化并购回归理性 的必然表现。 结合实际数据看，"科八条"发布以来，科创板公司累计新披露并购交易150余单，超七成已顺利完成， 另有20余单正在积极推进。业内人士指出，随着披露案例基数扩大，终止案例自然 ...

Group 1 - The current policy is driving insurance capital to increase allocation in the stock market, with a significant acceleration observed in 2023, particularly in Q3 [1][2] - Insurance capital is favoring high ROE, high dividend yield, and undervalued stocks in the construction sector, with major holdings in China Power Construction, China State Construction, and Sichuan Road and Bridge [1][2] - Sichuan Road and Bridge has recently received a stake increase from Zhongyin Life, indicating a trend of insurance capital focusing on high-quality construction stocks [2] Group 2 - It is estimated that insurance capital will allocate 286 billion yuan to the construction sector by 2026, representing 3.5% of the free float market value [3] - The projected allocation for the construction sector from insurance capital is expected to be 508 billion yuan in 2025 and 794 billion yuan in 2026, with incremental increases of 271 billion yuan and 286 billion yuan respectively [3] - The construction sector is expected to attract long-term capital due to the presence of stable performance, high dividends, and low valuations among key A-share companies [4] Group 3 - The global demand for computing power is expected to grow significantly, driven by AI development, leading to a new growth cycle for cleanroom engineering [5] - Major semiconductor companies are increasing their capital expenditures, with TSMC projecting a doubling of its AI business by 2025 and a compound annual growth rate of approximately 40% over the next five years [5] - The cleanroom investment in the semiconductor industry is projected to reach approximately 168 billion yuan globally and 50.4 billion yuan in China by 2025, representing about 15% of the total industry capital expenditure [5]