基辛格表示，他第50次来中国台湾，40年前，他亲身经历个人电脑快速发展起点，带动中国台湾在硬件 制造业的地位。他也将担任Playground投资开发光学元件封装Ayar Labs公司董事，积极推动以光代替铜 线的传导新技术。 英特尔前CEO基辛格转战创投界，11月18日以深科技创投Playground Global合伙人身分，带领七家新创 公司专程来中国台湾。他称赞中国台湾供应链制造能力超强，"早上有想法，中午出原型，晚上就量 产"，相关新创公司也将与台积电、鸿海等中国台湾厂商合作。 Playground Global昨带来投资的七家新创公司，横跨电源管理、光通信、互连与微影技术等领域，除了 Ayar Labs的光通讯技术外，改善供电架构芯片的PowerLattice；以光技术改善AI服务器功耗的PicoJool； 挑战降低EUV设备成本的xLight，都是挑战当前产业痛点的"深科技"，部分也与中国台湾半导体业者包 括稳懋、世芯、创意等业者合作。 基辛格指出，中国台湾是让科技突破真正落地为现实的关键舞台，在促成创新从概念落地到规模化的速 度领先全球，在精密技术、半导体产能、以及深科技领域的专业，中国台湾是业界 ...

Group 1: Stock Index Futures Market Overview - The main performance of the four major index futures contracts showed a decline, with the CSI 500 index futures experiencing the largest drop of -5.32%, while the SSE 50 index futures had the smallest decline of -0.32% [3][11] - Average trading volumes for the current, next, and seasonal contracts of IC, IF, and IH increased, with IH showing the largest increase of 23.91% [3][11] - As of last Friday's close, the annualized basis rates for the current contracts of IF, IC, IM, and IH were -3.60%, -12.20%, -12.83%, and -0.90% respectively, indicating a deepening of the basis for IF and IC, while IH shifted from premium to discount [3][11] Group 2: Cross-Period Price Differences - The cross-period price difference rates for the current contracts of IF, IC, IM, and IH were at the 92.30%, 97.70%, 92.80%, and 85.30% percentiles since 2019 [4][12] - Currently, there are no arbitrage opportunities for the main IF contract and the next month contract based on the closing prices [4][12] - The estimated impact of dividends on the CSI 300, CSI 500, SSE 50, and CSI 1000 indices over the next year is projected to be 76.75, 82.44, 68.62, and 63.50 points respectively [4][12] Group 3: Recent Sell-Side Strategy Insights - Seven brokerages are optimistic about the A-share market outlook, while six believe that policy expectations and liquidity easing will support the market [5][49] - There is a consensus among brokerages regarding the AI industry chain, non-ferrous metals, deep technology, green transformation, modern services, and high-dividend assets [5][49] - Divergence exists among brokerages regarding market trends, with some expecting a stable or slow bull market while others anticipate short-term adjustments [5][52]

Group 1: Core Insights - The embodied intelligence industry is rapidly evolving, with significant growth projected in global market size, expected to reach $25.335 billion in 2024 and $87.565 billion by 2033, reflecting a compound annual growth rate (CAGR) of 15.0% [2][39] - Various countries are implementing strategic policies to enhance the status of embodied intelligence, with China including it in government work reports and supporting core technology breakthroughs and application scenarios [2][11] - The industry faces challenges such as reliance on imported core components, insufficient battery life, and high costs of commercial applications, which need to be addressed for sustainable growth [2][12] Group 2: Technological Trends - The technological framework of embodied intelligence includes perception, decision-making, action, and feedback modules, enabling systems to interact with their environment effectively [22][24] - Future trends indicate a shift towards multi-technology integration, optimization of data ecosystems, and phased commercialization of application scenarios [2][12] - Breakthroughs in core components and algorithms are being achieved in China, particularly in large model algorithms and domestic component production [2][12] Group 3: Market Dynamics - The market is characterized by intense competition, with major tech companies and startups actively innovating and traditional robotics firms exploring transformation [39][43] - The commercial pathways for embodied intelligence include hardware-software integration in general scenarios, software-based models, and vertical market applications [39][41] - The industry is witnessing a diverse range of players, including integrated R&D companies, large model developers, and physical carrier developers, with the U.S. leading in technological advancement and market diversity [39][43] Group 4: Policy and Regulatory Environment - Countries are establishing policies to support the development of embodied intelligence, focusing on enhancing strategic importance, clarifying development directions, and expanding application scenarios [33][34] - The European Union and other nations are investing significantly in AI and robotics, with initiatives aimed at ensuring safety and ethical standards in technology deployment [34][36] - Japan and South Korea are also advancing their strategies to enhance competitiveness in the global AI landscape, emphasizing collaboration and innovation [36][38]