证券时报•数据宝统计，截至上午10:28，今日沪指涨1.00%，A股成交量659.97亿股，成交金额11539.61 亿元，比上一个交易日增加23.07%。个股方面，4188只个股上涨，其中涨停72只，1188只个股下跌， 其中跌停16只。从申万行业来看，石油石化、建筑材料、通信等涨幅最大，涨幅分别为4.95%、 4.10%、3.62%；传媒、计算机、商贸零售等跌幅最大，跌幅分别为3.90%、1.50%、1.19%。（数据宝） 今日各行业表现（截至上午10:28） | | 行业 涨跌 | | | | | | --- | --- | --- | --- | --- | --- | | 申万行业 | | 成交额 | 比上日 | 领涨（跌）股 | 涨跌幅 | | | | （亿元） | （%） | | （%） | | | （%） | | | | | | 石油石化 | 4.95 | 175.48 | 107.67 | 科力股份 | 22.04 | | 建筑材料 | 4.10 | 178.07 | 28.68 | 国际复材 | 19.98 | | 通信 | 3.62 | 956.26 | 39.82 | 润泽科技 | 1 ...

2月24日，A股迎来马年首个交易日，三大指数全线上涨：上证指数高开1.15%，深证成指高开1.52%，创业板指高开1.7%。有色金属、油气、算力等板块 指数涨幅居前。 对于节后走势，多家券商机构表示乐观。"随着一系列条件的满足和不确定性因素的落地，建议大家重整旗鼓，备战马年的第一波上涨周期。"广发证券策 略首席分析师刘晨明认为。 中国银河证券策略首席分析师杨超也表示，春节假期后，在政策预期、流动性支持与产业趋势催化下，市场震荡上行概率较大，未来一段时间A股市场或 以政策催化为核心驱动力，资金将围绕政策导向的产业主线与主题机会展开博弈，呈现"政策热点轮动、风格切换快速"的特征。 兴业证券经济与金融研究院策略研究首席分析师张启尧认为，对于A股而言，节前A股跟随海外资产调整后已释放了一定的风险，节后A股即将进入一段 高胜率窗口，继续看好A股节后迎来新一轮上行。 | 行情 | 资金净流入 | 涨跌分布 | | --- | --- | --- | | 上证指数 | 深证成指 | 科创综指 | | 4129.13 | 14313.86 | 1830.15 | | +47.06 +1.15% +213.67 +1.52% ...

国家知识产权局信息显示，联想（北京）有限公司申请一项名为"一种电子设备"的专利，公开号 CN121568368A，申请日期为2025年12月。 专利摘要显示，本申请公开了一种电子设备，包括能够沿目标路径产生风流的散热装置和设置在目标路 径的导风装置，导风装置包括主体、第一目标件和第二目标件，第一目标件与主体活动连接，第一目标 件具有相背设置的第一侧和第二侧，第一侧与主体形成第一腔体，第二侧与主体形成第二腔体，第二目 标件设置于第二侧，第一目标件能够相对于主体在第一位置和第二位置之间切换以至少调节第一腔体的 容纳高度，第二目标件能够相对于主体在第一状态和第二状态之间切换以至少调节第一腔体和第二腔体 的风流量。 天眼查资料显示，联想（北京）有限公司，成立于1992年，位于北京市，是一家以从事计算机、通信和 其他电子设备制造业为主的企业。企业注册资本565000万港元。通过天眼查大数据分析，联想（北京） 有限公司共对外投资了107家企业，参与招投标项目5000次，财产线索方面有商标信息1741条，专利信 息5000条，此外企业还拥有行政许可238个。 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供 ...

声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 国家知识产权局信息显示，浙江华显光电科技有限公司取得一项名为"一种芳胺化合物、有机电致发光 器件、显示或照明装置"的专利，授权公告号CN121021321B，申请日期为2025年10月。 天眼查资料显示，浙江华显光电科技有限公司，成立于2016年，位于嘉兴市，是一家以从事计算机、通 信和其他电子设备制造业为主的企业。企业注册资本1148.752万人民币。通过天眼查大数据分析，浙江 华显光电科技有限公司共对外投资了3家企业，参与招投标项目3次，财产线索方面有商标信息2条，专 利信息290条，此外企业还拥有行政许可4个。 作者：情报员 本文源自：市场资讯 ...

截至2月13日，市场最新融资余额为25723.79亿元，较上个交易日环比减少569.58亿元，分行业统计，申 万所属一级行业有4个行业融资余额增加，建筑材料行业融资余额增加最多，较上一日增加1.22亿元； 融资余额增加居前的行业还有石油石化、环保、综合等，融资余额分别增加7072.76万元、4292.50万 元、3971.27万元；融资余额减少的行业有27个，电子、电力设备、计算机等行业融资余额减少较多， 分别减少73.80亿元、57.32亿元、49.84亿元。 注：本文系新闻报道，不构成投资建议，股市有风险，投资需谨慎。 | 代码 | 最新融资 | 较上一日增减（亿元） | 环比增幅（%） | | --- | --- | --- | --- | | | 余额（亿元） | | | | 建筑材料 | 139.02 | 1.22 | 0.88 | | 石油石化 | 222.84 | 0.71 | 0.32 | | 环保 | 202.74 | 0.43 | 0.21 | | 综合 | 50.06 | 0.40 | 0.80 | | 钢铁 | 169.16 | -0.42 | -0.25 | | 交通运输 | 414 ...

Group 1 - The A-share market is expected to continue its spring rally in 2026, driven by policy guidance and industry trends, with a focus on technology and resource sectors [1][3] - The market sentiment is currently strong, with limited adjustment pressure, and the potential for a rebound in market indices post-Spring Festival [2][3] - The AI sector is highlighted as a key investment opportunity, with expectations for significant advancements and commercialization in 2026 [3][4] Group 2 - Resource sectors, including chemicals and precious metals, are gaining attention from institutions, particularly due to rising international prices for gold and oil [4][5] - The geopolitical situation may provide a short-term boost to oil prices, while precious metals are seen as a safe haven for investors [5][6] - The upcoming peak season for industrial production and construction in March and April is expected to validate price increases and influence market trends [6]

在他少年时，王垠便对科学充满了热爱。他的偶像是爱迪生、牛顿，心中渴望有一天，能像他们一样，成为改变世界的人。他梦想着，能 够进入清华，结识一群志同道合的朋友，一同在科学的海洋中遨游，成就一番伟大的事业，成为第二个爱迪生、第二个牛顿。 然而，命运 却给了他一记重击。1997年，王垠参加高考时，虽然成绩优秀，却因心态未能调整好，导致发挥失常，最终没能如愿以偿进入清华，而是 进入了四川大学的计算机专业。 从常人的眼光来看，四川大学已经是十分不错的选择，然而在王垠看来，这里依然是一个充斥着只会做题的"呆子"的地方，根本找不到一 个能与自己并肩同行的学术伙伴。经历了几次折腾，甚至差点选择退学，王垠依旧在四川大学徘徊。 但好在，王垠的才华没有被埋没。凭 借出色的成绩，他获得了保送清华大学研究生的机会。在清华，他迅速展现了自己的才华，尤其在计算机领域，得到了导师的青睐，最终 被直接推荐攻读博士学位。 什么是天才？在我看来，天才有两个不可或缺的元素——天赋与才能。而今天要讲的这位，被誉为"最嚣张的中国天才"，正是王垠。名字 中的"垠"字，寓意边际和尽头，但王垠似乎从未触及过这个边界。相反，他仿佛一直在无尽的海洋中漂泊，无法找 ...

春节假期最后一天港股的亮眼表现，令机构们对A股马年"开门红"充满期待。 "2026年的春晚是AI含量浓度最高的一年，也是AI应用的重要分水岭与节点。"华鑫证券传媒新消费首席 分析师朱珠在研报中称，AI未来的竞争将更加激烈，各家将持续推出新模型、新产品，春节后的AI板 块有望持续演绎，传媒有望承接AI应用新红利。 机构普遍指出，春节后A股科技行情的驱动核心主要来自两方面：一是节后将迎来政策的密集落地，例 如"人工智能+"、数字经济发展规划等节后预期将加速推进；二是美股与港股的映射效应显著，春节期 间海外市场表现强势的科技板块，节后通常能带动A股相关标的走强。 此外，春节后短期市场风格往往向科技成长倾斜。据华金证券统计，春节后5或10个交易日内科技成长 行业走势相对占优。近10年内春节后5个交易日内涨幅进入前三次数最多的行业主要为计算机（5次）、 电子（4次）、通信（3次）、传媒（3次）等科技成长行业，春节后10个交易日内的涨幅榜也由科技成 长行业主导。 2月23日，恒生指数、恒生科技指数双双走强。截至收盘，恒生指数上涨2.53%，报27081.91点；恒生科 技指数涨3.34%，报5385.35点。港股科技股、 ...

Core Insights - The report suggests adopting a "steady first, with growth in mind" approach to maintain gains in the second half of the spring market and to reserve space for future positioning [2][15] - The spring market of 2026 began on December 17, 2025, driven by favorable policies and early capital allocation, leading to a strong performance in the A-share market, with the Shanghai Composite Index achieving 17 consecutive days of gains [9][13] - The convertible bond market experienced rapid growth followed by volatility, with median prices and conversion premiums reaching historical highs, indicating a significant reduction in the safety cushion of bonds [9][10] Market Trends - Historical data from 2017 to 2025 indicates that the market typically experiences a "rise then fall" pattern from the Spring Festival to the National People's Congress (NPC) [13][14] - The report highlights that during the period from the Spring Festival to the NPC, the market is likely to see a "spring surge," with small-cap growth stocks outperforming, particularly in TMT and high-end manufacturing sectors [13][14] - As the NPC approaches, the market may shift towards defensive sectors like pharmaceuticals and utilities, with high valuations in convertible bonds facing potential compression due to stock adjustments [13][14] Investment Strategy - The report recommends a balanced investment strategy, transitioning from aggressive profit-seeking to balancing returns and risks as the market moves into the NPC and Q1 earnings preview phase [15] - It emphasizes the importance of selecting convertible bonds with solid performance and reasonable pricing, while also considering high-quality, high-priced convertible bonds with clear growth prospects [15] - The report identifies sectors such as AI computing, semiconductors, non-ferrous metals, and post-cycle industries like consumption and real estate as favorable for convertible bonds due to improving supply-demand dynamics and favorable policy catalysts [15]

Investment Rating - Industry rating: Recommended [3] Core Insights - During the Spring Festival of 2026, the global technology sector is characterized by AI-driven deepening, accelerated hard technology transformation, and a bipolar leadership between China and the US, with the practical application and commercialization of technology becoming the core theme [1] - The AI and large model fields have become the absolute core, with global capital and technology intensifying. OpenAI secured a financing round exceeding $100 billion, locking in computational power advantages, while Google is pushing large models deeper into research scenarios [1][6] - The humanoid robot industry is undergoing a critical transformation, with international leading companies completing the transition to fully electric drive, while Chinese companies are seizing opportunities in practical scenarios like "human-machine collaboration" [1][8] - The aerospace and low-altitude economy sectors are showing a trend towards scaling, with both US-China competition and China leading. SpaceX is consolidating its Starlink advantages through high reuse launches, while China's commercial space launch success rate remains at 100% [1][11] Summary by Sections AI - OpenAI finalized a new financing round exceeding $100 billion during the Spring Festival, marking the largest single financing in AI history, which will significantly impact the global AI industry's computational power landscape and competitive dynamics [6] - Google upgraded its flagship large model Gemini 3 Deep Think, enhancing its reasoning capabilities for scientific and engineering scenarios, achieving notable performance in various tests [7] Robotics - Boston Dynamics announced a complete switch of its Atlas humanoid robot to fully electric drive, marking a significant shift towards industrialization and scalability [8][9] - The industry consensus indicates that the core bottleneck for humanoid robots is not mobility or balance but the technology of dexterous hands, which remains a challenge [9] Commercial Aerospace - SpaceX completed its 600th Falcon 9 rocket launch, successfully deploying 24 upgraded Starlink V2 Mini satellites, further expanding the Starlink constellation and enhancing polar coverage and direct mobile communication capabilities [11][12] Semiconductor Storage - Samsung achieved mass production of the HBM4 chip, with a significant price increase of 20%-30% compared to the previous generation, highlighting the high demand for high-end storage chips driven by AI [10] Beneficiary Targets - AI Computing and Applications: Companies such as Cambricon, Industrial Fulian, and Inspur Information [2] - Robotics: Companies like Joyson Electronics and New Spring Co [2] - Large Models: Companies including Zhipu AI and iFLYTEK [2] - Semiconductor Storage: Companies like Zhaoyi Innovation and Changjiang Electronics [2] - Commercial Aerospace: Companies such as Western Materials and Reascend Technology [2]