Group 1 - The Spring Festival Gala showcased humanoid robots performing martial arts, impressing audiences and sparking discussions about China's technological advancements compared to the West [1][3][4] - Multiple Chinese startups, including Yuzhu Technology, Galaxy General, Songyan Power, and Magic Atom, presented their humanoid robots during the gala, demonstrating complex movements and interactions with human performers [3][4] - The gala achieved a total media reach of 23.063 billion, a 37.3% increase year-on-year, with a peak online viewership exceeding 400 million [3] Group 2 - Western media and netizens reacted positively to the performance, with comments highlighting the rapid advancements in Chinese humanoid robotics and calling for increased efforts from Western counterparts like Elon Musk's Tesla [4][9] - An analysis by The Economist noted that over 14,500 humanoid robots were delivered globally last year, with almost all produced in China, while Tesla's Optimus robot had only delivered 150 units [9][12] - Morgan Stanley predicts that China's humanoid robot sales will double to 28,000 units this year, indicating a growing competitive landscape in the robotics industry [12]

2月20日（大年初四），港股迎来马年春节后的首个交易日。当日上午，港股市场呈现出结构性行情， 机器人、港口航运等板块表现活跃。 在中央广播电视总台2026年春晚，多家公司机器人的"炸场"表演，引发关注。2月20日开盘后，港股机 器人概念股集体大涨。截至午间收盘，越疆上涨19.2%，报47.56港元/股；速腾聚创报37.64港元/股，上 涨9.42%；禾赛-W上涨6.64%，报215.2港元/股；优必选上涨6.74%，报147.3港元/股。 速腾聚创19日发布盈利预告显示，公司2025年全年净亏损同比大幅收窄。同时，公司在2025年第四季度 利润净额不少于6000万元人民币，首次实现单季度盈利。 近日，东吴证券机械研究团队发布观点表示，机器人核心能力进步，是机器人在央视春晚再度出圈的关 键，也是机器人能够真正从实验室走向工厂的关键。2021年—2025年，机器人产业链已完成从0到1的发 如何抓住"黄金牛市"波段机会？升级投资账户，一键配置金+银>> 展。展望2026年，特斯拉、国内头部企业将同时开启大规模量产，开启机器人从1到10的新篇章。在投 资上，建议关注真正具备量产能力、以及进链的头部标的。 港股港口运输 ...

机器人、AI概念股逆市大涨。 2月20日，港股节后恢复交易，主要指数均低开，随后跌幅扩大。截至发稿，恒生指数跌约1%，恒生科 技指数跌超2%。 | 代码 | 名称 | 现价 | 涨跌 | 涨跌幅 | | --- | --- | --- | --- | --- | | HSI | 恒生指数 | 26420.63 | -285.31 | -1.07% | | HSTECH | 恒生科技 | 5228.51 | -139.01 | -2.59% | | HSBIO | 恒生生物科技 | 15851.11 | 53.47 | 0.34% | | HSCEI | 恒生中国企业指数 | 8971.94 | -98.38 | -1.08% | AI应用、人形机器人等概念逆市走高。 人形机器人方面，越疆涨近20%，速腾聚创涨近11%，优必选涨超9%，微创机器人涨超5%。 | 代码 | 名称 | 现价 | 涨跌 | 涨跌幅 ▼ | | --- | --- | --- | --- | --- | | 2432 | 越疆 | 47.860 | 7.960 | 19.95% | | 2498 | 速腾聚创 | 38.100 | 3. ...

记者|杜宇 编辑|程鹏易启江校对|金冥羽 2月20日，港股迎来马年首个开市日。香港恒生指数早盘收跌0.6%，恒生科技指数收跌2.28%。 港股科网股多数下跌，金蝶国际、百度集团跌超5.4%，哔哩哔哩、京东健康跌超5%，阿里巴巴跌3.75%，小米集团跌2.29%，腾讯控股跌1.97%，京东集 团跌1.42%。 | 名称 | 现价 | 涨跌 | 涨跌幅 ▲ | | --- | --- | --- | --- | | 百度集团-SW | 129.800 | -7.800 | -5.67% | | 金蝶国际 | 10.550 | -0.610 | -5.47% | | 哔哩哔哩-W | 230.000 | -12.400 | -5.12% | | 京东健康 | 57.600 | -3.050 | -5.03% | | 腾讯音乐-SW | 59.050 | -2.800 | -4.53% | | 华虹半导体 | 96.100 | -3.800 | -3.80% | | 阿里巴巴-W | 148.900 | -5.800 | -3.75% | | 网易-S | 181.300 | -6.000 | -3.20% | | ...

这一轮机器人板块的集中爆发，与2026年央视马年春晚的"机器人效应"密切相关。今年春晚是人形机器 人登场密度最高的一届，宇树科技、银河通用、松延动力、魔法原子四家企业分别亮相武术、微电影、 小品、歌曲四大类节目，从运动控制、精细操作到仿生交互，全方位展示了国产人形机器人的最新能 力。 春晚带来的关注度正在迅速转化为实际消费需求。据智通财经消息，马年春晚开播两小时内（2月16日 20：00—22：00），京东平台机器人搜索量环比增长超300%，客服问询量增长460%，订单量增长 150%，新增订单覆盖全国100多座城市。抖音电商数据亦显示，2月16日至18日，平台机器人产品GMV 同比增长1680%，订单量同比增长655%。 2月20日，港股迎来马年首个交易日。受外围因素影响，港股主要指数集体低开后震荡走弱。截至早盘 收盘，恒生科技指数收跌2.28%，恒生指数收跌0.61%。互联网科技股普遍承压，半导体板块同步走 弱。 在大盘整体偏弱的背景下，机器人概念股逆势走强，成为早盘最为亮眼的板块之一。越疆早盘涨超 19%，优必选涨超6%，速腾聚创、禾赛等个股同步活跃。 产业层面，北京市经济和信息化局此前介绍，北京在通用 ...

格隆汇2月20日｜中东局势再趋紧张，避险情绪升温，美股隔晚下跌，港股在马年首个交易日弱势震 荡。截至半日收盘，恒生科技指数跌2.28%，恒指跌0.61%报26544.12点，国企指数跌0.59%。科技股集 体下跌，AI应用、机器人、存储、石油股逆势上涨。恒生指数成分股中，中石油涨超5%，恒基地产、 中海油涨超3%，李宁、信达生物涨超2%；恒生科技指数成分股中，百度、金蝶国际、哔哩哔哩、京东 健康跌超5%。 来源：格隆汇APP ...

春节假期过后，港股今日迎来马年首个交易日，恒指、恒科指数低开。截至收盘，恒指早盘收跌 0.61%，科指早盘收跌2.28%，恒指大市成交额917.55亿港元。盘面上，石油、人工智能、机器人概念股 逆势走强，影视娱乐、互联网医疗、线上零售及明星科网股走势疲弱。个股方面，智谱(02513.HK)大涨 19.09%，MINIMAX-WP(00100.HK)涨10.04%，中国石油股份(00857.HK)涨4.58%，百度(09888.HK)跌 5.67%，阿里巴巴(09988.HK)跌3.75%，哔哩哔哩(09626.HK)跌5.12%。 来源：滚动播报 ...

Market Overview - The Hong Kong stock market experienced a decline on the first trading day of the Year of the Rabbit, with the Hang Seng Index down 0.6% to 26,544.62 points, the Hang Seng Tech Index down 2.28% to 5,245.1 points, and the National Enterprises Index down 0.59% to 9,016.99 points [1] - Major technology stocks saw significant declines, including Alibaba down 3.75%, Tencent down 1.97%, and JD Group down 1.42% [1] AI and Robotics Sector - The AI and robotics sectors saw explosive growth, with several stocks reaching historical highs. MINIMAX-WP (00100) surged over 14% to 980 HKD, marking a year-to-date increase of over 450% [2] - The company launched the MiniMax M2.5, a production-grade model designed for Agent scenarios, which has attracted significant developer interest [2] - Zhizhu (02513) opened over 5% higher at 534 HKD, with projections of a 120% compound annual growth rate in revenue from 2025 to 2028 [2] - Aixin Yuanzhi (00600) saw a rise of over 16%, nearing a market capitalization of 20 billion HKD, following the successful testing of its high-end smart driving chip M97 [2] Earnings Disparity - Suton Ju Chuang (02498) reported a significant turnaround, with a forecast of achieving its first quarterly profit of at least 60 million RMB in Q4 2025, indicating a scaling phase for its robotics business [3] - The company Wang Guo Gold Group (03939) anticipates a profit increase of 143%-161% for the 2025 fiscal year, driven by rising gold prices and increased production [3] - Conversely, Shisi Pharmaceutical Group (02005) warned of a profit decline of 45%-60% for 2025 due to factors such as the lack of a major flu outbreak and price reductions in collective procurement [3] Buybacks and Fund Movements - Xiaomi Group-W (01810) repurchased 1.5 million shares for approximately 54.7 million HKD, while NetEase Cloud Music (09899) repurchased 92,400 shares for nearly 15 million HKD [4] - Other companies like Geely Automobile and Meitu also engaged in significant share buybacks [4] - Southbound capital flows showed a mix of cautious sentiment and recovery, with expectations for a rebound in Hong Kong tech stocks amid RMB appreciation [4] Institutional Insights - According to CICC, the recent pullback in Hong Kong stocks is attributed to hawkish expectations from the Federal Reserve and concerns over AI capital expenditures, but there is potential for recovery [6] - Analysts from ING noted that the recent decline in gold prices is a corrective pause, with expectations for strong demand as liquidity in Asian markets improves [6] - Electric equipment stocks rose, with Shanghai Electric up 7.38% and Harbin Electric up 4.45%, as analysts see long-term investment opportunities in the sector due to ongoing electricity shortages in the U.S. [6]

节目播出后，其市场热度迅速攀升，京东平台机器人搜索量环比暴涨300%，订单量上涨150%。目前该 款机器人售价为8.5万元，已进入家庭、文旅等多个应用场景。 宇树科技已是第三次登上春晚舞台，此次表演展现了其毫米级动作精度与复杂地形自适应能力。伴随春 晚效应，人形机器人行业加速商业化进程，预计2026年将成为"人形机器人商业化元年"。同时，中国存 续的人形机器人相关企业已达870家。 免责声明：本文内容与数据由观点根据公开信息整理，不构成投资建议，使用前请核实。 观点网讯：2月20日据报道，2026年央视马年春晚成为"机器人含量"最高的一届，多家人形机器人企业 展示了超200台机器人，参与12个节目，其中宇树科技G1人形机器人以武术翻腾、集群跑酷等高难度动 作引发广泛关注。 ...

（文章来源：每日经济新闻） 每经AI快讯，2月20日，恒生指数早盘收跌0.61%，恒生科技指数收跌2.28%。互联网科技股普跌，百 度、哔哩哔哩跌超5%，阿里巴巴跌超3%。机器人概念逆势上涨，越疆涨超19%，优必选涨超6%。 ...