格隆汇1月23日丨美的集团(00300.HK)发布公告，2026年1月23日耗资人民币1.1亿元回购143万股A股， 回购价格每股76.74-76.99元。 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 美的集團股份有限公司（於中華人民共和國註冊成立的股份有限公司） 呈交日期： 2026年1月23日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 A | | | 於香港聯交所上市 | 否 | | | 證券代號 (如上市) | 000333 | 說明 | A股 (於深圳證券交易所上市) | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | 每股 ...

财通证券 给予 美的集团 A股买进的初始评级。 ...

- The report defines long-term heavy positions as stocks that appear in the top ten holdings of a fund for four or more consecutive reporting periods[9] - The report provides a list of stocks heavily held by funds in Q4 2025, including CATL, Tencent Holdings, Zijin Mining, Kweichow Moutai, and Midea Group[9][10] - The report calculates the termination ratio of long-term heavy positions for Q4 2025 using the formula: $$ \text{Termination Ratio} = \frac{\text{Number of funds terminating long-term heavy positions in Q4 2025}}{\text{Number of funds holding long-term heavy positions in Q3 2025}} $$[14] - The report identifies stocks with the highest and lowest termination ratios in Q4 2025, such as Xiaomi Group and Poly Developments with high termination ratios, and Baili Tianheng and Zijin Mining with low termination ratios[14][18] - The report also analyzes the termination ratios of long-term heavy positions by industry, noting that the media, food and beverage, and electrical equipment industries have relatively low termination ratios, indicating fund managers' optimism about these sectors[20][22]

Group 1 - The core viewpoint of the article is the analysis of long-term heavy holdings by funds, identifying key stocks that are consistently held over multiple reporting periods, such as Ningde Times, Tencent Holdings, Zijin Mining, Kweichow Moutai, and Midea Group [4][5] Group 2 - In the long-term heavy holdings change, stocks like Xiaomi Group and Poly Developments have a high termination ratio in Q4 2025, while stocks like Baillie Tianheng and Zijin Mining have a low termination ratio [2][6] Group 3 - Industry-wise, the media, food and beverage, and electric equipment sectors show relatively low termination ratios for long-term holdings, indicating a positive outlook from fund managers for these sectors [3][9]

证券之星消息，1月23日白色家电板块较上一交易日下跌1.43%，格力电器领跌。当日上证指数报收于 4136.16，上涨0.33%。深证成指报收于14439.66，上涨0.79%。白色家电板块个股涨跌见下表： 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成投资建议。 从资金流向上来看，当日白色家电板块主力资金净流出2.12亿元，游资资金净流出1.78亿元，散户资金净 流入3.91亿元。白色家电板块个股资金流向见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 600336 | 澳柯玛 | 8.83 | 2.20% | 44.07万 | 3.91亿 | | 002668 | TCL智家 | 10.25 | 0.59% | 14.32万 | 1.47亿 | | 000521 | 长虹美菱 | 6.78 | 0.15% | 12.02万 | 8134.80万 | | 000016 | 深康佳A ▼ | 5.16 | -0.19% | ...

Core Viewpoint - The public fund holdings in 2025 show a significant shift towards technology growth sectors, moving away from traditional consumer and financial sectors [9][10]. Group 1: Changes in Top Holdings - Ningde Times consistently ranked as the top holding throughout 2025, with a market value of 146.8 billion in Q1, 142.7 billion in Q2, 207.1 billion in Q3, and 181.9 billion in Q4 [3]. - Guizhou Moutai, a traditional consumer staple, saw a decline in its ranking and market value, dropping from second place at the beginning of the year to fifth by Q4 [10]. - Tencent Holdings maintained a relatively stable position, fluctuating between second and fourth place [10]. - Notable rises in rankings were observed for Zhongji Xuchuang and Xinyi Sheng, both of which entered the top ten in Q3 and continued to rise in Q4, indicating a strong interest in AI-related stocks [10]. Group 2: Changes in Industry Holdings - The electronics sector remained the top industry for public fund holdings across all four quarters of 2025, with investment values increasing from 518.9 billion in Q1 to 774.5 billion in Q4 [6]. - The food and beverage sector declined from second place in Q1 to seventh place by Q4, reflecting a shift in investor preference [12]. - The medical and biological sector, which ranked high in the first three quarters, was overtaken by the electric equipment and communication sectors in Q4 [12]. - The electric equipment sector improved its ranking from fourth to second place by Q4, while the communication sector rose from outside the top ten to third place [12]. - Non-bank financial and banking sectors experienced an overall decline in rankings, while the non-ferrous metals sector entered the top six in Q4 [13].

财通证券给予美的集团A股买进的初始评级。 ...

1月20日，索尼发布公告，将与TCL成立合资公司承接索尼的家庭娱乐业务，TCL电子持股51%，合资公司负责运营Sony和BRAVIA两大品牌。也就是 说，索尼将旗下电视业务和BRAVIA品牌打包交给了TCL，Sony变Tony。 这是个消费市场有些出乎意料，但产业界意料之中的新闻。 一方面，索尼没有显示面板生产能力，也就拿不到电视最大的利润来源。长期以来，索尼电视面板靠LG和TCL供应，画质芯片出自联发科之手，由TCL 代工，贴上索尼的商标，只能赚点品牌溢价。 换句话说，几乎所有索尼电视，都是一台贴着索尼商标的LG或TCL电视。 另一方面，索尼电视在全球市场存在感极其稀薄，份额常年位于others序列；在索尼内部业务结构中，电视的盈利能力也远不如CIS芯片、游戏、音乐等业 务，不是什么优质资产。 换句话说，最迟不晚于2018年，市场上能买到的日本电视和家电品牌，都是如假包换的中国公司、中国制造。 日本学者西村吉雄在书中，将这种趋势概括为"终端品牌供应商化"。 对日本家电企业来说，2008年是个特殊的年份。大环境是金融危机过境，小环境是各有各的烦恼。 而对全球化战略行至关键阶段的TCL来说，索尼经久不衰的品牌影 ...

Group 1 - The A-share market experienced fluctuations at relatively high levels in Q4 2025, with a slight decrease in overall equity positions of public funds compared to Q3 2025 [1][2] - The average equity positions for stock and mixed funds were 89.06% and 81.05%, respectively, showing a minor decline from the previous quarter [2] - Major holdings in public funds included leading light module companies, with Zhongji Xuchuang and Xinyi Sheng surpassing Ningde Times and Tencent Holdings to become the top two heavyweights [1][4] Group 2 - Several actively managed equity funds significantly increased their positions, with notable examples including Bosera Huixing and GF Chengxiang, which raised their equity positions by 12.31 and 10.3 percentage points, respectively [2] - Fund managers expressed optimism about the A-share market for 2026, citing potential dual benefits from domestic and international liquidity [3][9] - The focus on technology sectors continued, with managers identifying investment opportunities in storage chips, solid-state batteries, and humanoid robots [7][10] Group 3 - The top 50 heavyweights in public funds were primarily concentrated in information technology, consumer goods, and investment sectors, with 18 stocks in the information technology sector [4][6] - AI-related stocks gained prominence, with Zhongji Xuchuang, Xinyi Sheng, and Hanwujing entering the top seven heavyweights due to the AI boom [4][6] - The number of innovative drug companies in the top 50 heavyweights decreased from eight to five by the end of Q4 2025, indicating a shift in investment focus [5] Group 4 - Fund managers anticipate that the AI investment theme will continue to be a primary focus, with expectations for rapid growth in AI applications in the coming years [9][10] - The investment strategy is shifting towards AI applications, including smart driving, edge AI, and humanoid robots, as the industry matures [9][10] - The overall sentiment among fund managers is that the AI-driven technology market will remain a significant area of investment for the next several years [9][10]