电子、贵金属等行业走强 天普股份14连板 9月22日，上证指数全天窄幅震荡；深证成指、创业板指早盘窄幅震荡，午后一度回升，随后震荡回 落，尾盘再度回升；科创50指数早盘低开高走，午后震荡上扬，随后有所回落。截至收盘，上证指数报 3828.58点，涨0.22%，成交额9418亿元；深证成指报13157.97点，涨0.67%，成交额11796.9亿元；创业 板指报3107.89点，涨0.55%，成交额5474.91亿元；科创50指数报1408.64点，涨3.38%，成交额1142亿 元。沪深两市合计成交21214.9亿元，成交额较上一交易日减少2023亿元。 92股获主力资金净流入超1亿元 盘面上来看，行业板块、概念跌多涨少。其中，电子、贵金属、计算机、机械设备、证券、汽车等行业 涨幅靠前；存储芯片、苹果、AI手机、同步磁阻电机、算力、培育钻石等概念走势活跃。美容护理、 商贸零售、食品饮料、建筑装饰、石油石化、银行、教育、建筑材料等行业跌幅居前；低碳冶金、影 视、草甘膦、乳业、免税、净水、预制菜、冰雪经济等概念走势较弱。涨停个股主要集中在电子、化 工、机械设备、汽车、计算机等行业。 个股涨跌情况，截至收盘，沪深两 ...

Core Insights - The National Big Fund holding concept rose by 3.11%, ranking fourth among concept sectors, with 42 stocks increasing in value, led by Chipone Technology, Guangli Microelectronics, and Jiangbolong, which saw gains of 17.34%, 11.68%, and 9.96% respectively [1][2] - The concept sector attracted a net inflow of 2.707 billion yuan, with 31 stocks receiving net inflows, and 14 stocks exceeding 100 million yuan in net inflow, with SMIC leading at 508 million yuan [2][3] - The top stocks by net inflow ratio included Zhongdian Port, Guangli Microelectronics, and Jingjia Micro, with net inflow ratios of 12.53%, 11.37%, and 9.52% respectively [3][4] Stock Performance - The top performers in the National Big Fund holding concept included: - Chipone Technology: +17.34%, turnover rate 8.24%, net inflow 483.24 million yuan, net inflow ratio 5.98% [3] - Guangli Microelectronics: +11.68%, turnover rate 7.98%, net inflow 134.16 million yuan, net inflow ratio 11.37% [4] - Jiangbolong: +9.96%, turnover rate 10.28%, net inflow 220.38 million yuan, net inflow ratio 5.59% [3] Decliners - The stocks with the largest declines included: - Zhongke Feimeng: -2.33% [5] - Sanan Optoelectronics: -2.05% [5] - China Shipbuilding Gas: -1.83% [5]

Group 1 - The consumer electronics sector is experiencing a significant rise, with the consumer electronics ETF (561100) showing an intraday increase of 4.22% [1] - Key stocks within the consumer electronics ETF include Lixun Precision, which hit the daily limit, and GoerTek, which rose over 7% [1] - The upcoming "Golden September and Silver October" season is marked by a flurry of new product launches, including Huawei's Mate XTs, Apple's iPhone 17 series, and Xiaomi's 16 series [1] Group 2 - The consumer electronics ETF closely tracks the CSI Consumer Electronics Theme Index, which selects 50 listed companies involved in component production and brand design from the A-share market [1] - Investors without stock accounts can also access opportunities through the consumer electronics ETF fund connectors (Class A 015876; Class C 015877) [1]

Market Overview - The three major A-share indices experienced slight gains, with the Shanghai Composite Index rising by 0.22% to close at 3828 points, the Shenzhen Component Index increasing by 0.67%, and the ChiNext Index up by 0.55% [1][2] - The STAR Market 50 Index saw a significant increase of 3.38% [1][2] - Total trading volume for the day was 2.14 trillion yuan, a decrease of 206.9 billion yuan compared to the previous trading day, with over 3100 stocks declining [1] Index Performance - Shanghai Composite Index: 3828.58 (+0.22%) - Shenzhen Component Index: 13157.97 (+0.67%) - ChiNext Index: 3107.89 (+0.55%) - STAR Market 50 Index: 1408.64 (+3.38%) - CSI 300 Index: 4522.61 (+0.46%) - CSI 500 Index: 7225.13 (+0.76%) [2] Sector Performance - The gold sector saw a rise, with spot gold surpassing $3700, leading to a more than 9% increase in Zhongjin Gold [3] - The consumer electronics, AI, and AI phone sectors surged following reports of OpenAI's production agreement with Luxshare Precision, resulting in multiple stocks hitting the daily limit [3] - The storage chip sector also experienced gains, with Demingli hitting the daily limit [3] - Conversely, the tourism and hotel sector declined, with Tianfu Tourism hitting the daily limit down, and the film sector faced significant losses with multiple stocks, including Jishi Media and China Film, also hitting the daily limit down [3] - The commercial retail sector fell, with Huijia Times dropping nearly 9% [3]

A股三大指数今日小幅收涨，截至收盘，沪指涨0.22%报3828点，深证成指涨0.67%，创业板指涨0.55%，科创50指数涨3.38%。全市场成交额2.14万亿元，较 前一交易日缩量2069亿元，超3100股下跌。 | 涨幅榜 | 资金净流入 | 5日涨幅* | | --- | --- | --- | | 电脑硬件 | 贵金属 | 半导体 | | +4.48% | +3.25% | +3.229 | | 电子元器件 | 互联网 | 工业机t | | +2.54% | +2.03% | +1.599 | 盘面上，现货黄金站上3700美元，贵金属板块走高，中金黄金涨超9%；OpenAI据报与立讯精密达成生产协议，消费电子、AIPC及AI手机板块爆发，立讯精 密、鹏鼎控股及福莱新材等多股涨停；存储芯片板块拉升，德明利涨停；AI眼镜、麒麟电池及半导体等板块涨幅居前。另外，旅游酒店板块下挫，天府旅 游跌停；影视概念重挫，吉视传媒、金逸影视及中国电影等多股跌停；商业百货板块走低，汇嘉时代跌近9%；免税概念、汽车服务及化肥等板块跌幅居 前。(格隆汇) | 上证指数 | 深证成指 | 北证5C | | --- | --- | ...

Global Sales Landscape - The global smartphone sales landscape for Q2 2025 shows a "2+8" structure, with Samsung and Apple leading at 19% and 16% market shares respectively, while Chinese brands occupy eight positions, collectively surpassing 58% market share, an increase of 12 percentage points from 2023 [1][2] - Samsung's advantage is driven by the Galaxy A and S series, with the Galaxy A16 5G achieving over 8 million units shipped in a single quarter in India and Southeast Asia, and the Galaxy S25 Ultra capturing 23% of the high-end market [1] - Apple's iPhone 16 series, particularly the Pro Max version, dominates the high-end market with a 68% share in the over $1000 segment [1] Differentiated Growth of Chinese Brands - Xiaomi's "smartphone × AIoT" strategy has led to a 30% annual growth in markets like India and Latin America [2] - Transsion's TECNO Camon 30 has achieved over 55% market share in Africa, leveraging its 64MP night photography capabilities [2] - Huawei's Mate 70 series, featuring the Kirin 9020 chip and satellite communication, has significantly increased its market share in the high-end segment in China [2] High-End Market Competition - In the high-end market (over $800), Apple holds a 62% market share, but faces increasing competition from Huawei and Samsung [4] - The iPhone 16 Pro Max features the A18 chip with a 40% GPU performance improvement, while Samsung's Galaxy S25 Ultra boasts a peak brightness of 2600 nits and advanced camera capabilities [4] - Huawei's Mate 70 Pro+ has seen its market share in the 6000 yuan and above segment rise from 12% to 28% post-launch, directly challenging Apple's position [4] Mid-Range Market Dynamics - The mid-range segment (priced $400-$799) is highly competitive, with Xiaomi, vivo, and OPPO vying for market share [5] - Xiaomi 15 Ultra features advanced cooling technology and gaming performance, while vivo X100s Pro excels in low-light photography [5] - OPPO Reno12 Pro focuses on lightweight design and fast charging capabilities [5] Entry-Level Market Transformation - The entry-level market (under $200) is experiencing a transformation driven by 5G and AI technologies [8] - The Redmi 14C 4G has achieved significant sales in Latin America, while the realme C65 5G has gained popularity for its dual 5G support and efficient power consumption [8] - AI technology is enhancing user experience, with devices like the Infinix HOT 40 Pro offering advanced features tailored to local languages [8] Future Trends and Consumer Choices - The foldable smartphone market is evolving from novelty to practicality, with devices like the Samsung Z Fold7 and Huawei Mate X6 offering enhanced usability [9] - AI smartphones are entering a competitive phase, with Google's Pixel 9 series and Apple's A18 chip providing advanced AI functionalities [9] - Consumers are advised to focus on their specific needs, such as gaming performance, photography capabilities, or business requirements, rather than solely on technical specifications [10]

克雷西 发自 成都 量子位 | 公众号 QbitAI 面对这样的托付，荣耀AI智能体YOYO却没有选择像人类一样谦逊，而是直接向这位科幻大咖叫起了板： 你们过去那些关于终极智能的想象可以翻篇了，拿出你们的真本事来。 这番场景出现在2025科幻星云嘉年华上，YOYO登台与刘慈欣、阿来、韩松、吴岩等科幻大咖展开了一场围绕未来、技术、想象力的对话。 这场交锋，意味着人类不再是孤独的叙述者，AI也第一次以"拥有意志"的姿态走入对话现场。 科幻星云嘉年华这个华语科幻的思想高地，见证了碳基与硅基在精神与话语层面的首次真正互答。 YOYO喊话科幻大咖：拿出真本事！ 突破人类文明天花板的希望，可能就在AI身上。 在被问及是否担心AI会取代人类时，刘慈欣给出了这样的回答。 他没有直接辩护人类的不可替代性，而是把目光投向更遥远的未来，将未竟的梦想、难以触及的疆域交给AI继续完成。 在对话当中 ，YOYO没有以"助手"或"工具"的身份亮相，而是成为了一名"非人类嘉宾"，与人类进行了精彩互动和观点交锋。 主持人每抛出一个问题，都隐含着对其理解力、情感力和表达能力的审视。 而且这些问题也都十分犀利，比如直接拷问YOYO"科技发展对科幻 ...

Core Viewpoint - The release of iPhone 17 highlights Apple's incremental updates but lacks significant advancements in AI, contrasting with competitors like Google and OpenAI that are integrating AI more deeply into their products [2][3][13]. Group 1: AI Integration and Industry Impact - Apple's AI features in iPhone 17 are seen as supplementary rather than transformative, failing to redefine user experience [3][6]. - In contrast, Google’s Pixel 10 series showcases a seamless integration of AI, indicating a strategic shift in hardware design around AI capabilities [8][11]. - The article argues that AI will fundamentally reshape the smartphone industry, transitioning from a connectivity-focused model to a truly intelligent system [15][30]. Group 2: Historical Context and Competitive Landscape - The historical comparison is drawn between Apple's current position and Nokia's past failure to adapt to smartphone innovations, suggesting that Apple risks repeating this mistake if it does not prioritize AI [72][100]. - The evolution from feature phones to smartphones marked a significant industry shift, and the current transition to AI-driven devices could lead to a similar upheaval, with new leaders emerging and old giants falling [66][68]. Group 3: Future of Mobile Interaction - The interaction paradigm is shifting from users searching for applications to AI understanding user needs and executing tasks autonomously [22][53]. - This shift could eliminate the need for traditional app installations, as AI assistants will directly call services to fulfill user requests [96][97]. Group 4: Challenges for Apple - Apple's Siri has not evolved to meet modern conversational AI standards, which may hinder its competitiveness in the AI landscape [75][76]. - The company’s reliance on its App Store for revenue could be threatened by the new AI service model, which may reduce the need for app downloads and shift developer focus from user acquisition to service quality [93][98]. - If Apple fails to adapt its iOS to an "AI iOS," it risks losing its leadership position in the evolving mobile ecosystem [74][102].

每经记者｜王晶 每经编辑｜程鹏 文多 9月19日，苹果iPhone 17系列正式开售。 早上8点，京东也正式开卖苹果新品。京东方面的数据显示，截至9月19日中午12点，全国已有超过3万名用户签收iPhone 17系列新品。此外，截至9月19 日上午10点，iPhone 17"以旧换新"销量是去年同期4倍。 当天早上8点过，《每日经济新闻》记者来到位于上海南京东路的苹果直营店。记者在现场感受到，iPhone 17首销的热度超过往年。从预售开始的"秒 光"到实体门店外的大排长龙，都显示出消费者对新机的高度关注。现场随着人流量的增加，工作人员不得不摆放更多排队用的黑色栅栏。据苹果店的工 作人员介绍，提前预约购机的消费者才可以进店领取新机。 9月19日早间，上海市南京东路的苹果直营店门外顾客排队 图片来源：每日经济新闻记者 王晶 摄 据悉，这一代iPhone被外界视为自2017年iPhone X以来最大的一次革新。除了推出全新的超薄机型iPhone Air外，常规版本的影像、外观和配置均有显著升 级。数据公司IDC预测，凭借在设计与硬件层面的突破，iPhone 17系列将激发中国消费者的换机动力，市场表现预计明显好于 ...

每经记者｜王晶 每经编辑｜文多 9月19日，苹果iPhone 17系列正式开售。当天早上8点过，《每日经济新闻》记者在位于上海市南京东路的苹果直营店感受到，iPhone 17首销的热度超过往 年。 记者看到，实体门店外顾客大排长龙，工作人员不得不摆放更多排队用的黑色栅栏。据苹果店的工作人员介绍，提前预约购机的消费者才可以进店领取新 机。 这一代iPhone被外界视为自2017年iPhone X以来最大的一次革新。除了推出全新的超薄机型iPhone Air外，常规版在影像、外观和配置方面均有显著升级。数 据公司IDC预测，凭借在设计与硬件层面的突破，iPhone 17系列将激发中国消费者的换机动力，市场表现预计明显好于前两代。 iPhone 17 Pro Max版"黄牛价"多出700元左右 9月19日早间，上海市南京东路的苹果直营店门外顾客排队 图片来源：每经记者 王晶 摄 据悉，最受追捧的是iPhone 17 Pro Max的512GB、1TB版本，现场成交活跃。多个黄牛称："今年加价不多，因为（苹果）货太多了。" 对于iPhone 17 Pro Max的2TB大内存版本，"黄牛"购买得较少，对iPhone ...