盈趣科技也很突出，一直专心做智能硬件制造。它不仅参股了摩尔线程，和华为合作也很重要。它给华为新能源车厂提供了好多核心配件，在智能家居与工 业控制赛道的制造能力很强。 智慧城市和云服务领域也有亮点企业，浙大网新就是代表。它是摩尔线程在浙江省的总代理，负责多项业务的分销和推进，包括服务器和边缘计算。它和华 为在信创与鸿蒙生态合作方面关系很重要，对推动产业升级和国产化替代作用不小。科华数据在数据中心及清洁能源解决方案领域很厉害，它和摩尔线程、 贵安新区一起建了智算中心。这个合作让它和摩尔线程在算力资源上联系更紧密，也给华为在相关领域的协同发展提供了重要支持。 新兴显示与元器件领域也有很多创新的企业。翰博高新在车载显示和Mini - LED背光模组方面技术好，把产品布局在摩尔线程适配和华为生态终端的需求 里，能满足好几个应用场景。麦捷科技在电子元器件领域发展得稳，给摩尔线程提供关键磁性器件，融入了算力服务器供应链，给华为提供基站电源和其他 核心元件，产品有多元协同能力。 从这些企业在智能科技和行业生态协作里的表现能看出，它们各有独特竞争力，在热门赛道上深耕，还推动产业链自主化、智能化发展。 这些年，科技发展得很快，产 ...

Group 1: Market Overview - The Hong Kong stock market is experiencing increased southbound net inflows, with the pharmaceutical and automotive sectors leading in gains due to rising domestic policy expectations [1] - Short-term capital market sensitivity to trade friction has decreased, but ongoing monitoring of tariff policies and their potential impact on domestic growth is necessary [1] - The June CPI turned positive year-on-year, while PPI showed a wider decline, indicating a mixed economic outlook [1] Group 2: Automotive Sector - Major manufacturers like Tesla and BYD reported June production and sales data that met expectations, but the industry may face fluctuations in sentiment due to the upcoming off-season and last year's high base [2] - The passenger vehicle sector is expected to see rapid sales growth starting in September as subsidy policies taper off, with a positive beta outlook [2] - The commercial vehicle sector's outlook has been upgraded, attracting defensive capital due to its stable low valuation [2] Group 3: Pharmaceutical Sector - The National Healthcare Security Administration has updated the list of innovative drugs included in the medical insurance directory, with several domestic innovative drugs rapidly entering hospitals [2] - The biotech sector is gaining attention as liquidity and risk appetite improve in the Hong Kong market, with a focus on catalysts for innovative drugs [2] - The current window for biotech IPOs is significant, as many companies are validating their core pipelines while preparing for the next phase of clinical trials [2] Group 4: Technology Sector - Short-term expectations for overseas liquidity remain positive, supported by increased domestic technology policy initiatives in areas like 5G, AI, and semiconductors [3] - The global technology innovation cycle is accelerating domestic substitution and self-sufficiency in the supply chain, enhancing the competitiveness of Hong Kong tech leaders [3] - Continuous inflow of southbound funds into the Hong Kong tech sector suggests potential for valuation recovery and profit growth [3]