8月26日晚间，美股三大指数小幅低开。 中国资产拉升，纳斯达克中国金龙指数涨超1%。新能源汽车中概股盘初走高，蔚来涨超10%，小鹏汽车涨超6%。亚朵涨超7%，禾赛科技涨近6%，贝壳 涨超4%，阿里巴巴涨逾1%。 | | 分时 多日 1分 5分 ▼ F9 盘前盘后 叠加 九转 画线 工具 Q (2) > | | 尉来 | | NIO | | --- | --- | --- | --- | --- | --- | | | NIO[蔚来] 10:23 价 6.755 涨跌 0.665(10.92%) 均价 6.660 | 成交量 68.057 | 6.758 | | 48.109(CNY) | | 6.830 | Win.d 人气榜 第 6名 | 12 5% | | | +0.668 +10.97% | | Call of the Province | | | NYSE USD 10:23:56 交易中 | | 1 . . + | | 6.583 | | 8.10% | 港(9866) | | 49.540(-6.00%) H/U -5.96% | | | | | 盘前价 | 6.390 涨幅ª | 4.93% | ...

来源：格隆汇APP 格隆汇8月26日｜禾赛(HSAI.US)盘前直线拉升，现涨近6%。消息面上，禾赛科技港股IPO获中国证监会 备案。 ...

Core Insights - The development of the Chinese automotive industry has significantly contributed to the affordability and accessibility of key components like LiDAR, chips, and batteries, which are essential for humanoid robots [1][7][12] - The price of LiDAR has decreased to one-tenth of its original cost over the past decade, making it a standard feature in intelligent driving systems [3][7] - Chinese companies such as SUTENG and Hesai Technology have emerged as leaders in the LiDAR market, providing products priced below 10,000 yuan, with performance surpassing that of ten years ago [3][4] - The collaboration between automotive and robotics sectors is fostering technological advancements, with automotive companies partnering with humanoid robot manufacturers to enhance capabilities [4][5] Automotive Industry Impact - The automotive industry's push towards electrification and intelligence has led to advancements in core components, making them more efficient and cost-effective for humanoid robots [7][12] - The integration of advanced chips in vehicles, such as the Horizon SuperDrive system, showcases the potential for these technologies to be adapted for robotics [5][6] - The competitive landscape in the automotive sector is driving innovation, which benefits the robotics industry by providing high-quality, low-cost components [7][12] Robotics Development - Humanoid robots are increasingly utilizing technologies developed for the automotive industry, particularly in areas like LiDAR and chipsets [4][10] - Companies like Zhiyuan and Yushu are already deploying humanoid robots in practical applications, indicating a shift towards commercialization [10][11] - Despite advancements, humanoid robots still face challenges in hardware and algorithm development, with significant room for improvement in areas such as tactile feedback and battery life [11][12] Competitive Landscape - The competition between China and the US in the robotics field highlights China's strengths in supply chain efficiency and lower manufacturing costs, while the US excels in high-performance chips [9][12] - Chinese companies are rapidly advancing in various robotics sectors, including drones and cleaning robots, positioning themselves as key players in the global market [9][12] - The year 2023 is seen as a pivotal moment for the commercialization of humanoid robots, with expectations for significant market penetration [9][11]

Group 1: Hong Kong Stocks - China Gold International (02099) rose nearly 7%, reaching a new high as core product output exceeded half of the annual guidance, with significant expansion potential at the Jiama mine [1] - Pop Mart (09992) increased by nearly 2%, with new products selling out instantly and continued high growth in H1 performance [1] - Meitu (01357) surged over 7% after officially entering the MSCI China Index, with Morgan Stanley optimistic about the company's long-term growth potential [1] - China Tobacco Hong Kong (06055) climbed nearly 6.5%, setting a new high since its listing, with stable growth in H1 performance and promising expansion opportunities as an overseas platform for China Tobacco International [1] - China National Chemical Corporation (03983) fell over 1% as mid-term shareholder profit decreased by 6.74% year-on-year, with a significant drop in urea sales prices [1] - China Intelligent Transportation (01900) surged over 42% after a profit warning, expecting mid-term shareholder profit of approximately 361 million yuan [1] - Keep (03650) dropped nearly 5% post-earnings despite successfully turning a profit in H1, focusing its strategy on AI [1] - Western Cement (02233) rose nearly 6.5% post-earnings, with mid-term shareholder profit increasing by 93.4% due to high growth in overseas sales [1] - ChinaSoft International (00354) increased over 4% post-earnings, with H1 net profit rising over 10% and HarmonyOS 5 terminal devices exceeding 12 million units [1] Group 2: US Stocks - NIO (NIO.US) fell 3.94% after Citigroup set a target price of $8.1, listing five reasons to buy [3] - Shanghai's optimization of real estate policies led to significant gains for housing service platforms, with Fangduo (DUO.US) rising 28.28% and Beike (BEKE) up 1.57% [3] - Hesai (HSAI.US) rose 0.52%, with expectations of 300,000 to 400,000 units shipped in the entire robot lidar market this year, and over 200,000 units for the robot market [3] - Pinduoduo (PDD.US) increased by 0.87% ahead of its earnings report, with optimistic market expectations reflected in declining Put/Call ratios [3] - Intel (INTC.US) fell 1.01% as the federal government acquired a 10% stake in the struggling chip giant, becoming its largest shareholder [4] - American Airlines (AAL.US) dropped 4.06% after an emergency landing due to a passenger's electronic device catching fire [4] - Netflix (NFLX.US) rose 1.11%, achieving its first box office champion in North America [4] - Spirit Airlines (FLYY.US) plummeted 14.02% as financial restructuring failed to lead to sustainable development [4] - Keurig Dr Pepper (KDP.US) fell 11.48% after announcing a €15.7 billion (approximately $18.4 billion) cash acquisition of Dutch coffee giant JDE Peet's NV [4] - Roblox (RBLX.US) increased by 6.02%, with Wedbush maintaining an "outperform" rating and a target price of $165, citing strong user ecosystem and business model growth potential [4] - Opendoor (OPEN.US) dropped 9.38% despite a significant prior increase, with July existing home sales rising 2% month-on-month to an annualized 4.01 million units [5]

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for momentum i ...

Hesai Group Sponsored ADR (HSAI) closed the last trading session at $23.26, gaining 9.2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $30.15 indicates a 29.6% upside potential.The mean estimate comprises eight short-term price targets with a standard deviation of $4.76. While the lowest estimate of $23.30 indicates a 0.2% increase from the current price level, the most optimisti ...

资料显示，禾赛集团是一家在开曼群岛注册成立的境外控股母公司,主要通过其境内实体子公司上海禾 赛科技有限公司运营。其子公司禾赛科技于2014年创立于中国上海,致力于做"机器人的眼睛",是全球自 动驾驶及高级辅助驾驶(ADAS)激光雷达的领军企业。禾赛在光学、机械、电子等激光雷达核心领域有 着卓越的研发能力和深厚的技术积累,在全球范围内拥有数百项专利,其自研芯片、功能安全、主动抗干 扰等技术打破了行业多项记录。禾赛的客户包括全球主流自动驾驶公司和顶级汽车厂商、一级供应商、 机器人公司等。公司累计获得包括小米、美团、博世、百度、光速、高瓴、CPE、启明等机构融资。禾 赛的愿景是通过高性能、高可靠性、低成本的三维传感器赋能机器人,让人类生活更高效舒适。 本文源自：金融界 作者：行情君 8月25日，禾赛(HSAI)开盘上涨2.11%，截至21:31，报23.75美元/股，成交348.44万美元，总市值31.46亿 美元。 财务数据显示，截至2025年06月30日，禾赛收入总额12.32亿人民币，同比增长50.58%；归母净利润 2653.7万人民币，同比增长114.83%。 大事提醒： 8月18日，禾赛获浦银国际证券维 ...

另外，交银国际研报指，未来一年内重点关注L3级有条件自动驾驶法规的落地节奏，这将显著提升单 车价值量，利好产业链核心供应商。长期来看，机器人是更大的增量市场，消费级机器人例如割草机有 望率先迎来爆发。乐观情况下，预计2035年人形机器人出货超过1000万部，激光雷达搭载同步提升。该 行首次覆盖禾赛，给予"买入"评级，目标价为27.52美元，认为其有望承载2025年智驾平权趋势下的行 业增量。(格隆汇) 禾赛(HSAI.US)盘前涨超1.6%，报23.64美元。消息面上，近日，禾赛科技机器人感知业务副总裁刘兴伟 透露，预计今年整个机器人激光雷达市场出货量将在30万台到40万台之间，其中禾赛科技面向机器人市 场出货量将超过20万台。 ...

海外行业报告 | 行业动态研究 港股周报（2025.08.18-2025.08.22） 证券研究报告 DeepSeek 发布 V3.1 模型，看好港股 AI 方向机会 本周恒生指数上涨 0.27%，成交量 1.4 万亿元，恒生科技指数上涨 1.89%，恒生港股通指数上涨 0.63%， 恒生中国企业指数上涨 0.45%。本周港股通净买入 165.1 亿元，年初至今净买入 8910.9 亿元，相当 于 2024 年全年净买入的 119.8%。南向资金重点加仓腾讯、美团、阿里巴巴。 分板块看，周涨幅前二的板块为耐用消费品和半导体，周涨幅分别为 15.6%和 6.2%，耐用消费品涨 幅主要由于最大权重股泡泡玛特上涨（周涨幅 18.1%）驱动，半导体板块情绪受益于 deepSeek 新模 型发布且使用了 UE8M0 FP8 参数精度，针对下一代国产芯片设计，板块涨幅主要由于前二大权重 股中芯国际上涨（周涨幅 7.9%）和华虹半导体（周涨幅 9.2%）和驱动。其他涨幅板块包括造纸与包 装（+5.7%）、汽车与零配件（5.4%）、纺织服装（4.%）、机械（3.1%）等。 AI 方面，1）DeepSeek：发布 DeepSe ...

（原标题：激光雷达"双雄"对垒 禾赛与速腾盯上机器人） 21世纪经济报道记者 石恩泽 深圳报道 新能源汽车、智能网联汽车的上游产业——激光雷达正处于以量换价时代，规模效应带来的成本降低、价格下降，使得行业格局正在悄然生变。 其中，作为全球激光雷达领域公认的"双雄"，禾赛科技（NASDAQ:HSAI）、速腾聚创（2498.HK）合计占据全球车载激光雷达市场超60%份额。 去年，速腾聚创曾以26%的主激光雷达总装机量市场份额，位居全球第一。然而，随着车载市场竞争日益白热化，今年上半年，禾赛科技凭借对 10万元级车型平台的成功渗透，以33%的市场份额，重新夺回了第一宝座。 不过，面对国内新能源车销量增速放缓的行业新常态，ADAS（高级驾驶辅助系统）往后将不再是唯一主战场。为此，禾赛与速腾不约而同将机 器人视为第二增长曲线。 近日，禾赛与速腾先后发布中报。激光雷达双雄的财报对垒，不仅暴露两巨头"跨界求生"的默契，更将ADAS与机器人业务间的因果链置于聚光 灯下。 禾赛以约2300元的低价在ADAS红海市场"血拼"，单季出货猛增276%，试图巩固车载基本盘时，速腾却在机器人蓝海发动低价新品，并签下了120 万颗"大单" ...