来源：格隆汇APP 格隆汇12月22日｜港股上午盘三大指数集体上涨，恒生科技指数涨势相对较强，午间收涨0.89%，恒生 指数、国企指数分别上涨0.2%及0.27%。大型科技股走势分化，百度、阿里巴巴上涨，小米跌超2%，腾 讯飘绿；金银价格再创新高！黄金白银股集体上涨，国家大基金三期布局IC载板领域，半导体芯片股强 势，龙头中芯国际涨超7%。另外，生物医药股、家电股、煤炭股走势低迷。印象大红袍上市首日午间 收跌25%破发，明基医院暴跌43%同样破发。(格隆汇) | 名称 | 最新价 | 涨跌幅 | | --- | --- | --- | | 恒生指数 | 25742.24 | +0.20% | | 800000 | | | | 国企指数 | 8925.39 | +0.27% | | 800100 | | | | 恒生科技指数 | 5528.05 | +0.89% | | 800700 | | | ...

2025.12. 22 本文字数：2953，阅读时长大约5分钟 作者 | 第一财经 魏中原 从长三角地区来看，总市值达到31.51万亿元，占A股总市值的26.2%，其中，苏州、无锡、杭州等 市值增长幅度排名居前。合肥、武汉、绍兴等今年相继跨入万亿市值城市阵营。 市值变化背后，是经济增长动能的新旧转换。透过上市公司市值排名的升降，不仅可以看到各地产业 结构的差异，更能看出资本对区域经济前景的投票。 在城市竞争中，除传统金融与科技中心外，一 批制造业基础扎实、创新生态活跃的地级市正迎头赶上，推动A股市值地图向更加均衡、多元的方向 演进。 五强稳固，福建夺目，贵州下滑 2025年A股总市值跨过100万亿关口，截至12月19日已达120.31万亿，较年初增长22.2%。 从一杯白酒到一束"光"，A股上市公司四川省市值头把交椅的变化，正是电子行业爆发的缩影。 在川渝地区， 五粮液（000858.SZ）不再是四川省独一份的存在，取而代之的是光模块龙头新易盛 （300502.SZ），该股首次问鼎四川省市值第一 。 即将过去的这一年，AI掀起巨浪，电子与通信产业毫无悬念地站上潮头，科技牛股在各个行业加速 涌现，更在区域维度上 ...

Market Overview - The Shanghai Composite Index rose by 0.64%, the Shenzhen Component Index increased by 1.36%, and the ChiNext Index gained 1.8% during the morning session [2]. - The total trading volume in the Shanghai and Shenzhen markets reached 1.19 trillion yuan, an increase of 97.7 billion yuan compared to the previous trading day, with nearly 3,500 stocks rising [3]. Sector Performance - The Hainan Free Trade Zone concept stocks surged, with a rise of 9.59%, and 22 stocks hitting the daily limit [3]. - The semiconductor industry chain saw significant gains, with the CPO (Co-Packaged Optics) and intelligent driving sectors also performing strongly [10]. - Precious metals experienced a strong upward trend, with spot gold prices exceeding $4,380 per ounce, marking a historical high [6][14]. Notable Stocks - China Duty Free Group's A-shares and H-shares both rose over 10%, attributed to a sales figure of 118 million yuan on the first day of duty-free sales in Sanya [4]. - Longan Automobile opened more than 3% higher following the issuance of the first L3-level autonomous driving license in Chongqing [10]. - Zhangzhou Development hit the daily limit, rising by 10.05%, following news of the Fujian Zhangzhou "14th Five-Year Plan" aimed at enhancing cross-strait integration [4]. Trading Highlights - The trading volume for palladium futures reached the daily limit, while silver futures also saw significant gains, with the main contract rising over 5% [6]. - The ChiNext Index saw a rise of over 2%, with sectors such as CPO, optical communication modules, and virtual robots leading the gains [8].

Core Viewpoint - The semiconductor industry chain in Hong Kong is experiencing significant growth, with notable increases in stock prices for key companies and the launch of a new ETF focused on this sector [1][3]. Group 1: Market Performance - On December 22, major semiconductor stocks in Hong Kong saw substantial gains, with SenseTime-W rising over 7%, SMIC increasing nearly 6%, and Hong Teng Precision up nearly 5% [1]. - The first ETF in the market focusing on the Hong Kong semiconductor industry, the Hong Kong Information Technology ETF (159131), recorded a price increase of 1.69% and a trading volume exceeding 30 million yuan [1]. Group 2: Technological Breakthroughs - Researchers from Shanghai Jiao Tong University achieved a breakthrough in optical computing chips, integrating over 1 million optical neurons on a single chip, which enhances AI capabilities by reducing latency and energy consumption [3]. - This advancement addresses critical issues in the AI industry, such as high costs and slow training times, and offers a transformative path for real-time AI and green AI applications [3]. Group 3: ETF Composition and Strategy - The Hong Kong Information Technology ETF is structured with a focus of 70% on hardware and 30% on software, heavily investing in semiconductor, electronics, and computer software sectors [3]. - The ETF includes 42 Hong Kong hard-tech companies, with significant weights assigned to SMIC (20.48%), Xiaomi Group-W (9.53%), and Hua Hong Semiconductor (5.80%), while excluding major internet firms like Alibaba and Tencent [3].

Core Viewpoint - The article highlights the significant market movements in A-shares, particularly the surge in various sectors such as the Hainan Free Trade Zone and semiconductor industry, indicating a bullish sentiment in the market [3][4]. Market Performance - As of midday, the Shanghai Composite Index rose by 0.64%, the Shenzhen Component Index increased by 1.36%, and the ChiNext Index gained 1.8% [3]. - The trading volume in the Shanghai and Shenzhen markets reached 1.19 trillion yuan, an increase of 97.7 billion yuan compared to the previous trading day [4]. Sector Highlights - The Hainan Free Trade Zone sector saw a notable increase of 9.59%, with 22 stocks hitting the daily limit [4]. - Other sectors that performed well include: - Precious metals, up 4.34% - Free Trade Port, up 4.14% - Storage chips, up 3.32% [4]. Notable Stocks - Zhangzhou Development surged to its daily limit, attributed to the "14th Five-Year Plan" proposal focusing on cross-strait integration [5]. - China Duty Free Group's A-shares and H-shares both rose over 10%, following a strong sales performance of 118 million yuan on the first day of customs closure in Sanya [6]. Commodity Movements - Palladium futures on the Shanghai Futures Exchange hit the daily limit, while precious metals like gold and silver also saw significant price increases, with gold surpassing 4,380 USD per ounce [7][10][19].

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%。 ...