| 小米集团-W | 7.85亿 | 8.96 Z | 16.8116 | | --- | --- | --- | --- | | HK 01810 | | | -1.11 亿 | | 恒生中国 ... | 1.96万 | 13.21 乙 | 13.21亿 | | HK 02828 | | | -13.21 乙 | | 信达生物 | 4.04亿 | 8.24 亿 | 12.28亿 | | HK 01801 | | | -4.20 亿 | | 三生制药 | 5.95亿 | 4.26亿 | 10.21亿 | | HK 01530 | | | +1.691Z | | 求可未营体 | 5.461Z | 3.50亿 | 8.971乙 | | HK 01347 | | | +1.96亿 | | 赣锋镇业 | 3.27亿 | 4.04亿 | 7.31亿 | | HK 01772 | | | -7636.73万 | | 赣锋锂业 | 5.77 亿 | 7.62亿 | 13.40亿 | | --- | --- | --- | --- | | HK 01772 | | | -1.85亿 | | 恒生中国 ... | 256.86 ...

智通财经APP获悉，11月13日港股市场，北水成交净卖出35.21港元，其中港股通(沪)成交净卖出21.28亿港元，港股通(深) 成交净卖出13.93亿港元。 北水净买入最多的个股是阿里巴巴-W(09988)、小米集团-W(01810)、华虹半导体(01347)。北水净卖出最多的个股是盈富 基金(02800)、恒生中国企业(02828)、腾讯(00700)。 | 股票名称 | 买入额 | 卖出额 | 买卖总额 | | --- | --- | --- | --- | | | | | 净流入 | | 阿里巴巴-W | 58.03亿 | 41.06亿 | 99.09亿 | | HK 09988 | | | +16.97 亿 | | 盘富县金 | 474.12万 | 42.6917 | 42.74 乙 | | HK 02800 | | | -42.64 Z | | 中芯国际 | 19.55 亿 | 14.84 7 | 34.39 乙 | | HK 00981 | | | +4.71 乙 | | 腾讯控股 | 11.33亿 | 20.01亿 | 31.35 亿 | | HK 00700 | | | -8.68 Z | ...

芯片股午后拉升，截至发稿，华虹半导体(01347)涨5.78%，报78.75港元；中芯国际(00981)涨2.32%，报 74.95港元；中兴通讯（000063）(00763)涨1.91%，报30.98港元；上海复旦(01385)涨1.27%，报41.44港 元。 摩根大通最新研报称，尽管市场对人工智能泡沫的担忧情绪持续存在，但由AI驱动的半导体上升周期 远未见顶，其持续时间将超出典型周期规律并延长至2027年，这为亚洲科技股在2026年的表现提供了强 力支撑。该行预测全球半导体收入在2026年和2027年将分别增长18%和11%。 消息面上，今日午后有媒体报道称，阿里巴巴已秘密启动"千问"项目，基于Qwen最强模型打造一款同 名个人AI助手——千问APP，全面对标ChatGPT，加入全球AI应用的顶级竞赛。阿里核心管理层将其视 为"AI时代的未来之战"，希望借助Qwen的开源技术优势赢得竞争。据腾讯科技报道，阿里巴巴称暂不 回应此消息。 ...

摩根大通最新研报称，尽管市场对人工智能泡沫的担忧情绪持续存在，但由AI驱动的半导体上升周期 远未见顶，其持续时间将超出典型周期规律并延长至2027年，这为亚洲科技股在2026年的表现提供了强 力支撑。该行预测全球半导体收入在2026年和2027年将分别增长18%和11%。 消息面上，今日午后有媒体报道称，阿里巴巴已秘密启动"千问"项目，基于Qwen最强模型打造一款同 名个人AI助手——千问APP，全面对标ChatGPT，加入全球AI应用的顶级竞赛。阿里核心管理层将其视 为"AI时代的未来之战"，希望借助Qwen的开源技术优势赢得竞争。据腾讯科技报道，阿里巴巴称暂不 回应此消息。 智通财经APP获悉，芯片股午后拉升，截至发稿，华虹半导体(01347)涨5.78%，报78.75港元；中芯国际 (00981)涨2.32%，报74.95港元；中兴通讯(00763)涨1.91%，报30.98港元；上海复旦(01385)涨1.27%，报 41.44港元。 ...

Core Viewpoint - The semiconductor sector in the U.S. is experiencing a significant rally, driven by optimistic market sentiment regarding AI and expectations of Federal Reserve interest rate cuts due to weak employment data [2][3]. Semiconductor Market Performance - On November 12, U.S. stock indices opened higher, with the semiconductor sector leading the gains; the Philadelphia Semiconductor Index rose nearly 2%, and AMD surged nearly 9% at one point [2]. - Major semiconductor companies such as AMD, GlobalFoundries, Broadcom, and Micron all saw substantial increases in their stock prices, with AMD rising over 7% and GlobalFoundries over 5% [3]. Economic and Policy Factors - Analysts suggest that the potential reopening of the U.S. government and the resumption of economic data releases could further solidify market expectations for Federal Reserve rate cuts [4]. - The U.S. House of Representatives is set to vote on a bill to end the government shutdown, which is contributing to positive market sentiment [3]. AI Market Outlook - AMD's CEO, Lisa Su, provided an optimistic forecast for the AI market, predicting that the global AI chip market will reach $1 trillion by 2030, up from approximately $200 billion this year, with a compound annual growth rate (CAGR) exceeding 40% [5]. - AMD aims to capture a "double-digit" market share in the AI data center chip market, with projected annual revenue from AI data center chips reaching $100 billion within five years [5]. Morgan Stanley's Insights - Morgan Stanley's latest report indicates that concerns about an "AI bubble" are rising, but the semiconductor upcycle driven by AI is far from peaking, with expectations of continuation until 2027 [6]. - Global semiconductor revenue is forecasted to grow by 18% in 2026 and 11% in 2027 [7]. K-shaped Recovery in Semiconductor Sector - The current semiconductor upcycle is characterized as a "K-shaped recovery," with strong demand for AI-related products while other tech sectors face adjustments [8]. - The trajectory of this semiconductor recovery is likened to the early stages of smartphones and public cloud services, with generative AI still having significant growth potential [8]. Supply Chain Dynamics - Key cloud service providers (CSPs) are expected to maintain strong capital expenditures, with the top six CSPs projected to increase spending by 67% in 2025 and about 32% in 2026 [8]. - Supply shortages in critical areas such as 3nm processes and high bandwidth memory (HBM) are anticipated to persist until 2026, extending the semiconductor upcycle [8]. NAND Flash Market Developments - Major players like Samsung and SK Hynix are planning to increase NAND prices by 20% to 30% as they reduce supply to drive price increases [9]. - Analysts predict that DRAM prices will continue to rise significantly in the coming weeks, with NAND contract prices potentially increasing by 20% to 30% in the fourth quarter [9].