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. ...

春晚期间，抖音电商同步推出"春晚同款"供给，带动相关话题持续发酵、同款商品稳步热销。抖音电商 数据显示，2月16日-18日，抖音电商机器人产品GMV同比增长1680%，订单量同比增长655%。 责任编辑：郝欣煜 消息面上，今年马年央视春晚，被不少观众称为"科技春晚"。在四个多小时的直播里，机器人几乎从头 登场到尾场。多家中国新兴人形机器人初创企业——宇树科技、银河通用、松延动力和魔法原子在春晚 上展示了各自的产品。 春晚期间，抖音电商同步推出"春晚同款"供给，带动相关话题持续发酵、同款商品稳步热销。抖音电商 数据显示，2月16日-18日，抖音电商机器人产品GMV同比增长1680%，订单量同比增长655%。 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 2月20日消息，港股机器人概念股集体走强，其中，越疆涨超19%，速腾聚创涨超10%，首程控股涨超 9%，优必选涨超8%，云迹、三花智控涨超6%，微创机器人、力劲科技涨超5%。 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 2月20日消息，港股机器人概念股集体走强，其中，越疆涨超19%，速腾聚创涨超10%， ...

Core Viewpoint - The Hong Kong stock market saw a significant rise in robotics concept stocks, driven by the showcase of humanoid robots during the Spring Festival Gala, leading to increased consumer interest and sales in related products [1][2]. Group 1: Market Performance - Robotics stocks such as Yujian surged over 18%, Suton Jichuang increased by over 11%, and Shoucheng Holdings rose by 9% [1]. - Other notable gains included Youbixuan with nearly 9%, Yunjie, Sanhua Intelligent Control, and Jizhi Jia-W each rising over 6%, while MicroPort Scientific and Lijin Technology increased by over 5% [1]. - The total market capitalization for these companies varied, with Youbixuan at 757.12 billion, and Shoucheng Holdings at 189.48 billion [2]. Group 2: Sales Growth - During the Spring Festival period from February 16 to 18, Douyin e-commerce reported a 1680% year-on-year increase in GMV for robot products, with order volume rising by 655% [1]. - The "Spring Festival Gala" effect contributed to the popularity of related products, as several emerging humanoid robot startups showcased their innovations during the event [1].

Group 1: Market Overview - On February 20, the Hong Kong stock market opened lower, with the Hang Seng Index down by 1.01%, the Hang Seng Tech Index down by 2.17%, and the Hang Seng China Enterprises Index down by 1.1% [1] Group 2: AI and Robotics Sector - AI application stocks performed strongly against the market trend, with Zhihui rising over 21%, Haizhi Technology Group up by 23%, and MINIMAX-WP increasing by 10% [2] - Zhihui announced a "Computing Power Partner" recruitment plan, aiming to collaborate with chip manufacturers and service providers to optimize their GLM-5 model [2] - The robotics sector saw significant gains, with companies like Yujian rising over 20%, Sutech increasing by nearly 12%, and UBTECH up by 10% [3] - The popularity of robotics was boosted by performances during the Spring Festival Gala, attracting audience attention and driving sales on platforms [3] Group 3: Oil Sector - Oil stocks surged, with China National Offshore Oil Corporation rising by 2.23%, reaching a historical high of HKD 25.70, and a total market capitalization of HKD 12,215.20 million [4] Group 4: Technology Sector - The majority of technology stocks in Hong Kong experienced declines, with Kingdee International down over 5%, Baidu down over 5%, Alibaba and Bilibili down over 4%, NetEase down over 3%, and Tencent down over 2% [5] Group 5: Precious Metals - Precious metals like gold and silver saw slight adjustments, with spot gold down by 0.11% and spot silver down by 0.29% [6] - Goldman Sachs indicated that central bank purchases and increased exposure to gold by private investors due to potential Fed rate cuts could lead to gold prices gradually rising to USD 5,400 per ounce by the end of 2026 [6]

Market Overview - On February 20, the Hong Kong stock market opened lower on the first trading day of the Year of the Rabbit, with the Hang Seng Index down by 1.01%, the Hang Seng Tech Index down by 2.17%, and the Hang Seng China Enterprises Index down by 1.1% [1][2]. Sector Performance - AI and robotics sectors showed strong performance, with AI application stocks like Zhizhu rising over 21%, Haizhi Technology Group up 23%, and MINIMAX-WP increasing by 10% [3]. - The semiconductor sector also saw gains, with Lanke Technology rising by 3.22% to a new high of 217.80 HKD, and Tianshu Zhixin increasing by 4.68% to 281.60 HKD, marking a historical high [3]. - The robotics sector experienced significant growth, with companies like Yujian rising over 20% and Sutech increasing nearly 12% [3]. Oil Sector - The oil sector saw a notable surge, with China National Offshore Oil Corporation (CNOOC) rising by 2.23% to 25.70 HKD, achieving a historical high with a total market capitalization of 1,221.52 billion HKD [4]. Technology Sector - The technology sector faced declines, with companies such as Kingdee International down over 5%, Baidu Group down nearly 5%, and Bilibili down nearly 4% [4][5]. Precious Metals - Precious metals experienced adjustments, with spot gold down by 0.11% and spot silver down by 0.29%. Goldman Sachs projected that overall central bank gold purchases and increased exposure from private investors due to potential Fed rate cuts will gradually raise gold prices to 5,400 USD per ounce by the end of 2026 [5][6].

据上市公司公告的投资者关系活动记录表显示，春节前一个月内，除多利科技、奥比中光外，绿的谐 波、步科股份、汇川技术、三花智控、双环传动等机器人产业链企业也频繁出现在公募调研名单中，易 方达、广发、富国、汇添富等头部机构均积极参与。这一现象反映出机构对机器人产业长期发展潜力的 强烈关注。 机构人士表示，近期机器人板块的活跃并非单纯受春晚情绪面驱动。春晚播出后，售价数十万元的高端 机器人销量激增，表明市场需求正从概念走向落地。随着真实订单的涌现，板块估值将获得更强支撑， 产业链企业也有望加速业绩兑现。他进一步指出，机器人作为人工智能与制造业深度融合的载体，其技 术迭代与商业化进程将持续吸引资本关注。 分析人士认为，公募基金春节前密集调研机器人产业链，既是对短期市场热点的响应，更是对长期产业 趋势的押注。随着人口结构变化与制造业转型升级，机器人市场空间广阔，核心零部件、视觉感知、运 动控制等细分领域的技术突破将催生结构性机会。机构通过调研提前布局，旨在捕捉从主题炒作到价值 成长的投资窗口。（水手） 【环球网财经综合报道】春节前夕，公募基金备战节后行情的调研步伐并未停歇。值得注意的是，今年 多家公募机构将目光聚焦于机器 ...

速腾聚创表示，业绩增长主要得益于公司在机器人业务领域的相关布局与技术产品优势。公开数据显 示，2025年速腾聚创在机器人领域的激光雷达销量突破30.3万台，同比激增超11倍；第四季度激光雷达 总销量达45.96万台，其中机器人领域达22.12万台，与ADAS业务基本持平，意味着公司业务结构正发 生深刻变化。 智通财经APP获悉，速腾聚创(02498)早盘涨超11%，截至发稿，涨11.16%，报38.24港元，成交额5902.6 万港元。 消息面上，速腾聚创发布盈利预告，2025年全年净亏损同比大幅收窄，其中第四季度盈利不少于人民币 6000万元，首次实现单季度盈利，超出管理层此前做出的盈亏平衡预期。 ...

Group 1 - The core viewpoint of the articles highlights a significant surge in robot-related stocks, driven by the popularity of robot performances during the Spring Festival Gala, leading to increased sales and interest in the sector [1][2] - Notable stock performances include Yujiang (02432) up 6.52% to 42.5 HKD, Hesai-W (02525) up 6.05% to 214 HKD, and SUTENG (02498) up 5.76% to 36.38 HKD, among others [1] - JD reported a substantial increase in robot-related metrics during the Spring Festival Gala, with search volume up over 300%, customer inquiries up 460%, and order volume up 150% within two hours of the event [1] Group 2 - Dongwu Securities emphasizes that the advancements in core robotic capabilities are crucial for the industry's transition from experimental phases to mass production, marking a significant development from 2021 to 2025 [2] - The report anticipates that by 2026, major companies like Tesla and leading domestic firms will commence large-scale production, representing a new phase in the industry [2] - Investment focus is expected to narrow down to companies with genuine mass production capabilities and integration into the supply chain [2]

消息面上，2026年马年央视春晚，是"机器人含量"最高的一届。宇树科技等多家机器人公司纷纷亮相。 值得一提的是，宇树两款人形机器人全部搭载了禾赛JT128激光雷达，几十台宇树G1机器人与一台H2机 器人一同在台上秀出"赛博真功夫"。据悉，作为当前搭载具身智能机器人最畅销的迷你型 360°激光雷 达，禾赛 JT 系列激光雷达累计交付量已突破20万颗，成功应用于多款具身智能机器人产品。 智通财经APP获悉，禾赛-W(02525)高开逾5%，截至发稿，涨5.05%，报212港元，成交额1077.81万港 元。 ...

Group 1 - The core viewpoint of the article highlights that Shoucheng Holdings (0697.HK) has emerged as the biggest "behind-the-scenes winner" in the robotics sector showcased during the 2026 Spring Festival Gala, with several of its portfolio companies participating [1] - Shoucheng Holdings has invested over 2 billion RMB in the robotics industry, completing more than 40 transactions and covering approximately 20 leading companies, including Yushu Technology and Galaxy General [1] - The company has extended its investment strategy to upstream core materials by establishing Shoucheng Robotics Advanced Materials Company, focusing on critical areas such as electronic skin and PEEK lightweight materials [1] Group 2 - Shoucheng Holdings is not merely a financial investor but has developed a unique strategy of "capital + scenarios + ecosystem," providing real testing environments for its portfolio companies through its own resources [2] - The company has opened "Tao Zhu New Creation Bureau" robotics experience stores, facilitating the connection from technology demonstration to the consumer end, thus enhancing its position in the commercialization wave of robotics [2] - With companies like Yushu Technology expected to initiate IPOs in 2026, the investment value of Shoucheng Holdings is anticipated to reach a concentrated realization period [2]