智通财经APP获悉，港股恒生指数涨0.44%，涨113点，报25749点；恒生科技指数涨1.04%。港股早盘成 交965亿港元。 6只新股在港交所挂牌上市，涨跌不一。英矽智能（03696）涨超34%；美联股份（02671）涨30%；迅 策（03317）一度破发跌0.08%；卧安机器人（06600）无涨跌；林清轩（02657）涨超14%；五一视界 （06651）涨超18%。 百度集团-SW(09888)涨6.8%领涨蓝筹，百度无人车布局英国，自研AI芯片昆仑芯有望进入放量期。 同源康医药-B(02410)现涨超2%，TYK-01054胶囊启动I/II期临床，适应症为晚期实体瘤。 昭衍新药(06127)跌超6%，实控人拟减持不超1498万股A股股份。 英诺赛科(02577)涨超9%，公司氮化镓产品精准契合多领域核心需求。 中伟新材(02579)涨近7%，与欣旺达签署固态电池战略合作框架协议，联合开发新型正极材料前驱体。 亚太卫星(01045)再涨5%，公司为中国卫通控股子公司，当前运营亚太5C等多颗卫星。 力勤资源(02245)再涨超6%，印尼政策扰动镍市，公司火法项目2026年全部投产。 迈富时(02556)涨 ...

Group 1 - InnoSpace (02577) saw its stock price increase by over 12% during trading, currently up 9.15% at HKD 73.95, with a trading volume of HKD 466 million [1] - Nvidia is leading a revolution in power architecture for global data centers by shifting the voltage standard from traditional AC to 800V DC, with partnerships including CoreWeave and Oracle to prepare for ultra-high-density computing environments [1] - InnoSpace has partnered with Nvidia to support the implementation of the 800V DC power architecture, providing critical technological support for the evolution of the next-generation GPU roadmap [1] Group 2 - China Post Securities highlights that the company's gallium nitride (GaN) products meet core demands across multiple fields, with 100V GaN applications in AI and data centers entering mass production [2] - The company collaborates with leading robotics firms to achieve mass production of robotic joint motors and dexterous hand drive solutions featuring GaN chips, enhancing efficiency and compactness in the humanoid robotics industry [2] - In the electric vehicle electronics sector, products used in scenarios such as LiDAR and on-board chargers (OBC) continue to experience rapid growth, while the consumer electronics segment consolidates its advantages and expands into home appliances and energy storage markets [2]

Group 1 - InnoCare (02577) saw a stock price increase of over 12% during trading, currently up 9.15% at HKD 73.95, with a trading volume of HKD 466 million [1] - Nvidia is leading a revolution in power architecture for global data centers by shifting from traditional AC power to 800V DC power, with partnerships including CoreWeave and Oracle to support this transition [1] - InnoCare has partnered with Nvidia to support the implementation of the 800V DC power architecture, providing critical technological support for the evolution of the next-generation GPU roadmap [1] Group 2 - China Post Securities highlights that the company's gallium nitride (GaN) products meet core demands across multiple fields, with 100V GaN applications in AI and data centers entering mass production [2] - The company collaborates with leading robotics firms to achieve mass production of robotic joint motors and dexterous hand drive solutions featuring GaN chips, enhancing efficiency and compactness in humanoid robots [2] - In the electric vehicle electronics sector, products used in scenarios such as LiDAR and onboard chargers (OBC) continue to experience rapid growth, while the consumer electronics segment solidifies its advantages and expands into home appliances and energy storage markets [2]

Core Viewpoint - InnoCare (02577) has seen a significant stock price increase, attributed to its collaboration with NVIDIA in supporting the transition to an 800V direct current power architecture for data centers [1] Group 1: Company Developments - InnoCare's stock rose over 12% during trading, currently up 9.15% at HKD 73.95, with a trading volume of HKD 466 million [1] - The company has partnered with NVIDIA to support the implementation of the 800VDC power architecture, which is crucial for the evolution of the next-generation GPU roadmap [1] Group 2: Industry Trends - NVIDIA is leading a revolution in power architecture for global data centers, shifting from traditional AC power to 800V DC power [1] - The collaboration includes over ten partners, such as CoreWeave and Oracle, preparing for ultra-high-density computing environments with a power density of 1 megawatt (MW) per rack [1] Group 3: Product Applications - InnoCare's gallium nitride (GaN) products are well-suited for core demands across multiple fields, with 48V-12V applications based on 100V GaN entering mass production in AI and data center sectors [1] - The company has collaborated with leading robotics firms to achieve mass production of robotic joint motors and dexterous hand drive solutions featuring GaN chips, enhancing efficiency and compactness in humanoid robots [1] - In the electric vehicle electronics sector, products for applications such as LiDAR and onboard chargers (OBC) are experiencing rapid growth, while the consumer electronics segment is solidifying its advantages and expanding into home appliances and energy storage markets [1]

港股频道更多独家策划、专家专栏，免费查阅>>责任编辑：栎树 此外，行业龙头中芯国际昨日晚间公告，拟购买中芯北方49.00%股权，交易价格406亿元。本次交易有 利于进一步提高上市公司资产质量、增强业务上的协同性，促进上市公司的长远发展。交易前后上市公 司的主营业务范围不会发生变化。 | 成份股 | | | 查看更多 | | --- | --- | --- | --- | | 代码 | 名称 | 最新价 | 涨跌幅 √ | | 02577 | 英诺赛科 | 73.500 | 8.49% | | 02166 | 芯智控股 | 2.030 | 4.10% | | 00981 | 中芯国际 | 71.600 | 2.95% | | 01304 | FORTIOR | 128.500 | 2.72% | | 02878 | 晶门半导体 | 0.435 | 2.35% | | 01347 | 华虹半导体 | 73.800 | 1.86% | | 00595 | AV CONCEPT F | 0.410 | 1.23% | | 00400 | 硬蛋创新 | 3.000 | 1.01% | | 00085 | 中电华大科技 ...

本文源自：金融界AI电报 港股半导体股拉升走强，其中，英诺赛科一度大涨超12%大幅领先，芯智控股涨超4%，中芯国际涨超 3%，晶门半导体涨2.35%，华虹半导体涨近2%。 ...

Group 1 - Semiconductor stocks in Hong Kong have strengthened, with InnoCare rising over 12%, ChipMOS increasing by over 4%, SMIC up by over 3%, and GlobalWafers gaining 2.35% [1] - NVIDIA is leading a significant transformation in global data centers by shifting the voltage standard from traditional AC to 800V DC, igniting an upgrade wave in AI computing infrastructure [1] - Eastmoney Securities highlights that the demand for computing power is growing exponentially due to the rise of generative AI, suggesting investments in semiconductor storage, testing equipment, and magnetic components as key sectors [1] Group 2 - SMIC announced plans to acquire a 49% stake in Northern SMIC for a transaction price of 40.6 billion yuan, which is expected to enhance asset quality and business synergy for the listed company [1]

Market Overview - The Hong Kong stock market opened higher on December 30, with the Hang Seng Index rising by 1.17 points to 25,636.4 points, the Hang Seng Tech Index increasing by 20.6 points (0.38%) to 5,503.61 points, and the National Enterprises Index up by 10.74 points (0.12%) to 8,902.45 points [1] - Major tech stocks showed mixed performance, with Tencent Holdings up 0.34%, JD Group up 0.8%, while NetEase, Meituan, and Kuaishou fell by 0.56%, 0.19%, and 0.55% respectively [1] - Chip stocks opened higher, with InnoCare Pharma rising over 4%, while automotive stocks generally increased, with NIO up over 5% [1] - Gold stocks declined, with Zijin Mining International dropping over 2% [1] - Six new stocks were listed today, with InnoCare rising by 45.5%, Meilian Holdings by 15.63%, Wuyi Vision by 14.75%, Linqingxuan by 9.3%, while Xunce and Woan Robotics remained flat [1] Corporate News - China Energy Construction (03996.HK) announced that its subsidiary won a bid for an ecological comprehensive governance project in Shaanxi Province, with a total contract value of 6.864 billion RMB, covering watershed management, infrastructure, urban renewal, water conservancy, and environmental protection works, with a total construction period of 36 months [2] - China Shenhua (01088.HK) reported that its Phase II Unit 3 generator set in Qingyuan has passed a 168-hour trial run and is now in commercial operation, while Unit 4 is under construction and expected to be operational by February 2026 [2] - Bay Area Development (00737.HK) signed a construction contract with Poly Longda for a total price of 775 million RMB [3] - China Railway Construction (01186.HK) completed the issuance of 4.45 billion RMB in corporate bonds [4] - Sichuan Energy Investment Development (01713.HK) entered into a strategic cooperation agreement with Mengsheng Electronics to deepen collaboration in the field of data intelligence in the power industry [5] - China Supply Chain Industry (03708.HK) signed a "Test Version Data Center Agreement" with Shuwei Technology [6] - Stone Pharmaceutical Group (01093.HK) received clinical trial approval for GLP-1/GIP receptor dual agonist peptide injection (SYH2069) in China [6] - Hutchison China MediTech (00013.HK) announced that the new drug application for Frengratin (HMPL-453) for second-line treatment of intrahepatic cholangiocarcinoma has been accepted and included in priority review [6] - Fuhong Hanlin (02696.HK) completed the first patient dosing in a Phase I clinical study of HLX37 in patients with advanced/metastatic solid tumors [6] - Hengxin Technology (01085.HK) announced that its planned 350MW solar thermal power station is ready to commence construction [7] - Runhua Services (02455.HK) expanded its property management services to multiple provinces in western China [8] - Hong Kong International Industries (00480.HK) plans to sell its entire issued share capital of Yue Shan Limited for 452 million HKD [9] - Yimei International Holdings (01870.HK) received formal approval from Guangdong Power Grid for the "Shaoguan City Lechang 218MW 436MWh electrochemical independent energy storage project" [9] Institutional Insights - Huatai Securities noted that this year's asset performance has been volatile, with frequent style and industry rotations, leading to decreased clarity in main lines and a right-side investment behavior [10] - CITIC Securities highlighted the recent appreciation of the RMB, which benefits the performance of RMB-denominated equity assets, and indicated that the central bank will use policy tools more flexibly, focusing on domestic demand targets [10] - The outlook for 2026 suggests stable macro-financial conditions pointing to a stable banking operating environment, with expectations for bank interest margins to bottom out and income and profit recovery in the real sector [11] - The absolute return logic for the industry comes from the re-evaluation of systemic risks in the banking sector, driving valuation recovery and stable equity return characteristics attracting capital inflows [11] - Founder Securities reported that the Central Economic Work Conference and the Ministry of Finance have clarified the optimization of "two new" policies, with multiple regions selecting old-for-new platform enterprises [11]

Core Insights - The global power semiconductor market is expected to grow due to the increasing demand from AI servers and electric vehicles, driven by sustainable energy initiatives [2] - A competitive landscape is emerging with G2 dynamics, as European, American, Japanese, and Taiwanese semiconductor suppliers form alliances to counter the rise of Chinese firms [2] Group 1: Market Trends - By June 2025, China's power substrate capacity is projected to exceed 2.42 million pieces, marking a significant increase from a mere 6% market share in silicon carbide (SiC) substrates in 2021 to nearly 40% by 2025 [3] - The GaN power component market is experiencing similar trends, with Chinese firm Innoscience leading with a projected 32% market share in 2025, followed by Power Integrations at 17% and Infineon at 16% [4] Group 2: Competitive Dynamics - The price competition initiated by Chinese firms in the GaN market is exerting pressure on non-Chinese suppliers, with Innoscience's pricing strategy significantly impacting the market [4] - The ongoing U.S.-China tech tensions have led to a tightening of the power semiconductor supply chain in China, indicating that Chinese firms are gaining both technological and production capabilities [5]

昨天（12月26日），吴江区召开劳模工匠协会第四届理事会第二次会议。记者从会上获悉，今年以 来，吴江持续深化劳模和工匠人才创新工作室建设，胡毓芳创新工作室获评中华全国总工会支持建设的 劳模工匠创新工作室，新增3家市级重点创新工作室和16家区级创新工作室。至此，全区各级各类劳模 和工匠人才创新工作室达165家。 今年以来，英诺赛科骆薇薇被推荐申报为江苏友谊奖、通鼎潘卫东等8人获评省五一劳动奖章、中 铁九局唐瑶等2人获评江苏五一工匠培育对象、供电等2家单位获评省五一劳动奖状、东方国资基金运营 部等6家集体获评省工人先锋号，新增胡毓芳、周邦等5家全国级、市级创新工作室。 吴江区劳模工匠协会在助力产改攻坚、工匠人才培育上持续发力，配合区总工会深入开展"劳模工 匠助企行"专项行动，共组织劳模工匠130人次参加，解决技术问题218个，帮助1216人次职工提升技能 水平；配合区总工会、区人社局开展第四届吴江工匠培育活动，推动"筑匠计划"提质扩面，举办劳模工 匠暨产业工人创新训练营，培育60名工匠培育对象，并最终产生了30名吴江工匠。 ...