凤凰网财经讯 港股2月24日收盘走低，恒生指数收报26590.32点，跌491.59点，跌幅1.82%；恒生科技指 数收报5270.7点，跌114.65点，跌幅2.13%。 恒生指数成分股中万洲国际、恒基地产、华润啤酒涨幅居前，中国生物制药、翰森制药、中国人寿跌幅 靠前。恒生科技指数成分股中华虹半导体、联想集团、小鹏汽车-W涨幅居前，金蝶国际、商汤-W、腾 讯音乐-SW跌幅靠前。 ...

腾讯音乐-SW跌5.702%，商汤-W跌5.776%，泡泡玛特跌6.039%，中国人寿跌6.073%，中国生物制药跌 6.579%，翰森制药跌6.703%，金蝶国际跌7.956%。 来源：滚动播报 ...

Group 1 - Major tech stocks in Hong Kong experienced a significant decline, with Tencent Music dropping over 5%, Kingsoft and Meituan falling over 4%, and Ctrip Group nearing a 4% drop [1] - The Hang Seng Index opened lower and continued to decline, with a current drop of 2.12%, while the Hang Seng Tech Index fell by 2.39% [2] Group 2 - Specific stock performance includes: - Kingdee International at 9.820, down 0.990, a decrease of 9.16% - SenseTime at 2.590, down 0.180, a decrease of 6.50% - Tencent Music at 57.100, down 3.400, a decrease of 5.62% - Kingsoft at 26.600, down 1.320, a decrease of 4.73% - Meituan at 81.150, down 3.850, a decrease of 4.53% - Ctrip Group at 406.200, down 16.800, a decrease of 3.97% - Alibaba Health at 5.880, down 0.240, a decrease of 3.92% - Kuaishou at 66.000, down 2.550, a decrease of 3.72% - Tencent Holdings at 518.000, down 20.000, a decrease of 3.72% - JD Health at 56.250, down 1.900, a decrease of 3.27% - Alibaba at 147.300, down 4.900, a decrease of 3.22% - Baidu Group at 129.200, down 4.000, a decrease of 3.00% - Xiaomi Group at 35.540, down 1.020, a decrease of 2.79% - Bilibili at 228.200, down 6.600, a decrease of 2.81% [3]

Market Overview - The market opened higher on February 24, with all three major indices rising over 1%: Shanghai Composite Index increased by 1.17%, Shenzhen Component Index by 1.82%, and ChiNext Index by 1.76% [1] - Over 4,200 stocks in the market experienced gains, with sectors such as non-ferrous metals, oil and gas, optical fiber, and chemicals leading the increases [1] Sector Performance - Oil and gas stocks surged, with companies like Zhun Oil Co., Shandong Molong, Intercontinental Oil & Gas, and Zhongman Petroleum hitting the daily limit [2] - The chemical sector saw significant growth, with Meibang Co. achieving four consecutive trading limit increases, and Jinniu Chemical recording four limits in seven days [2] - The glass fiber concept remained active, with International Composites rising over 4% and achieving a historical high [2] Geopolitical Impact - The escalation of tensions between the U.S. and Iran during the A-share market's holiday period heightened concerns over potential disruptions in oil supply, contributing to price increases in non-ferrous and chemical products [2] - Precious metals also saw a rise, with Hunan Silver hitting the daily limit and several other gold-related stocks following suit. During the holiday period, global precious metal prices fluctuated, with gold rising over 7% and silver nearly 20% from February 18 to February 23 [2] Declines in Specific Sectors - The film and cinema sector faced a collective downturn, with companies like Hengdian Film, Bona Film, and China Film hitting the daily limit down [2][3][4] - Notable declines included Light Media down 18.99%, Happiness Blue Sea down 17.04%, and Bona Film down 10.02% [3][4] Hong Kong Market Performance - The Hong Kong market experienced a decline, with the Hang Seng Index falling by 1.93% and the Hang Seng Technology Index by 2.36%. Major companies like Meituan, Baidu, Tencent, and Alibaba also saw significant drops [5][6] - The total trading volume in the Hong Kong market was 138.68 billion, with net outflows of 1.22 billion from southbound funds [5]

Group 1 - Asian software stocks faced downward pressure on Tuesday, continuing the decline seen in the US market, driven by renewed investor anxiety over the impact of AI technology on white-collar salary structures [1][3] - In Hong Kong, the software sector was particularly weak, with Kingdee International experiencing a nearly 10% drop, while AI company SenseTime fell over 6% and Kingsoft dropped about 4%, significantly affecting market sentiment [1] - Japanese IT service giant NEC and Oracle Japan both saw a 6% decline, while SoftBank Group fell by 5%. Australian software stocks also struggled, with Xero down 3%, Technology One down 4%, and WiseTech Global down 3% [3] Group 2 - The recent decline was ignited by a report from Citrini Research warning that technological changes could lead to a competitive decrease in white-collar salaries, causing significant drops in stocks of software giants like Datadog, CrowdStrike, and Zscaler, which fell over 9% in a single day [3] - This is not the first instance of AI-related concerns affecting the market; earlier in February, anxiety over corporate AI capital expenditure plans led to a widespread decline in Asian tech stocks [3] - Current AI anxieties, combined with geopolitical and tariff risks, are triggering a typical flight to safety, lowering global bond yields and increasing gold prices, with expectations of continued volatility in specific tech sub-industries as new AI tools are released [3]

截至2026年2月24日10:16，恒生科技指数(HSTECH)下跌2.29%，蔚来-SW涨2.29%，联想集团涨1.17%， 金蝶国际领跌，商汤-W、腾讯音乐-SW跟跌。 截至2026年2月12日，恒生科技ETF汇添富近11天获得连续资金净流入，最高单日获得4184.83万元净流 入，合计"吸金"4.18亿元，日均净流入达3796.13万元。 截至2026年2月13日，恒生科技ETF汇添富的场外联接产品汇添富恒生科技ETF联接发起式 (QDII)C(013128)单位净值为0.85元。 消息方面，2月23日，恒指、恒生科技指数全天强势震荡，恒生指数收涨2.53%，恒生科技指数收涨 3.34%。板块方面，科技龙头、半导体、有色、新能源汽车股表现亮眼，紫金矿业、美团、中芯国际涨 超5%；恒生科技成分股中，蔚来、美团、中芯国际涨超5%，比亚迪股份、华虹半导体涨超4%，京东、 腾讯、阿里、小米、百度等涨超3%。 科技经济正加速替代地产经济成为增长新引擎，东方证券指出，2025年新质生产力主要行业对总产出的 影响程度已超过传统地产建筑链条；新质生产力以新兴制造业和高附加值服务业为核心，单位产值拉动 效应更强，但对PP ...

| 分时 客日 1分 5分 ▼ | | | | | F9 盘前盘后 缩加 九转 图线 工具 @ 2 > | | | | | 港股互联网ETF ① | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 0.53 | | | | 513770[批股互联网ETF] 09:50 价 0.492 涨跌 -0.018[-3.53%] 均价 [ ____ | | ভিন | | 0.492 -0.018 -3.53% | | | Carrely Concession Concession Concession College of the | | 11.94 | | | | | | 2.06% | | SSE CNY 9:50:28 交易中 查看L2全昌 | 净值击势 华宝中证得投通互联网 最小申熊单位份额 | | T+0 Be / @ + | | | | | | | | | | | | | 1,000,000 | | | | | | | | | 感比 | 29,60% 更加 | 457762 | 现金雷代比例上限 | ...

Group 1 - The stocks of Paradigm Intelligence (06882.HK) fell by 9.15% [1] - Kingdee International (00268.HK) experienced a decline of 8.70% [1] - Maifushi (02556.HK) saw a drop of 8.27% [1] - Kingsoft Cloud (03896.HK) decreased by 7.08% [1]

Group 1 - The core viewpoint is that the Spring Festival marks a turning point for the widespread adoption of AI among consumers, with applications evolving from Chat to Agent [1][2] - The competition among internet giants for AI traffic entry is intensifying, and the integration of multiple business lines along with AI empowerment may drive performance and valuation [1][2] - Recommended companies include Alibaba-W and Baidu Group-SW, which are expected to benefit from the continuous improvement of open-source model capabilities and the rapid growth of domestic AI chips [2][5] Group 2 - OpenAI's revenue is projected to exceed its previous target, with a potential valuation of $850 billion following a $100 billion funding round [3] - Google's Gemini3.1Pro has significantly improved its performance in abstract reasoning tests, surpassing competitors like GPT-5.2 and Claude Opus4.6 [3] - Domestic AI companies like Zhiyu and MiniMax have seen substantial stock price increases, reflecting market recognition of their new large models [4] Group 3 - The investment recommendation emphasizes the commercialization of AI and the expansion of application scenarios, with a focus on companies benefiting from IT spending in state-owned enterprises [5] - In the automotive and autonomous driving sectors, the approval of domestic L3-level pilot licenses is expected to accelerate the commercialization of advanced driving technologies [5]

行业点评报告 · 计算机行业 国产 AI 春节档攻势如潮，全球 AI 趋向务实 ——2026 年春节档 AI 产业动态点评 2026 年 2 月 23 日 核心观点 计算机行业 推荐 维持评级 分析师 吴砚靖 ：wuyanjing@chinastock.com.cn 分析师登记编码：S0130519060002 邹文倩 ：zouwenqian@chinastock.com.cn 分析师证书编码：S0130519060003 相对沪深 300 表现图 2026 年 2 月 23 日 -10% 0% 10% 20% 30% 40% 50% 计算机SW 沪深300 www.chinastock.com.cn 证券研究报告 请务必阅读正文最后的中国银河证券股份有限公司免责声明 事件：2026 年春节档，全球 AI 产业呈现分化特征，标志性事件体现为： 1、 国 产 AI 厂 商 借 助 春 节 效 应 争 夺 C 端 生 态 入 口 ， 并 一 度 屠 榜 OpenRouter 周度实时性价比榜单前三：2026 年春节期间，国产大模型 在开发者平台 OpenRouter 的实时性价比榜单上一度包揽前三。智谱 AI 同 ...