Group 1 - The core viewpoint of the article highlights that the company, Amaton, has benefited from the recent recovery in the consumer electronics industry, leading to an increase in the shipment volume of its optoelectronic display glass products compared to previous years [2] Group 2 - The company responded to inquiries during a research meeting, indicating a positive trend in its product shipments [2] - The recovery in the consumer electronics sector is a significant factor contributing to the company's improved performance [2]

新华财经北京12月18日电 （胡晨曦）A股三大指数12月18日涨跌不一，沪指早间低开，随后震荡回升； 创业板指全天低位调整。沪深两市成交额1.66万亿，较上一个交易日缩量1557亿。盘面上，AI医疗概念 集体走强，华人健康、塞力医疗等涨停；银行板块震荡拉升，上海银行涨超3%；零售概念走强，中央 商场、上海九百涨停；商业航天全线爆发，盛洋科技、天箭科技等涨停。下跌方面，锂电池板块回落， 海科新源、华盛锂电大跌；算力硬件股下挫，生益科技、景旺电子等跌超5%。 截至收盘，沪指报3876.37点，涨幅0.16%，成交7049亿元；深证成指报13053.97点，跌幅1.29%，成交 9506亿元；创业板指报3107.06点，跌幅2.17%，成交4499亿元。 中指研究院：预计未来5年全国城镇住房需求总量约为49.8亿平方米 热点板块 盘面上，医药商业、银行、军工电子、无人零售、IP经济、啤酒等板块和概念股涨幅居前；元件、电 池、汽车整车、海南自贸区、可控核聚变、PCB等板块和概念股跌幅居前。 机构观点 巨丰投顾：周四市场震荡运行，医药商业板块涨幅居前。"十五五"的开局之年经济环境整体良好，预计 2026年国内经济"三驾 ...

Market Overview - The Shanghai Composite Index closed at 3876.37 points, up 0.16%, with a trading volume of 704.90 billion yuan [1] - The Shenzhen Component Index closed at 13053.98 points, down 1.29%, with a trading volume of 950.59 billion yuan [1] - The ChiNext Index closed at 3107.07 points, down 2.17%, with a trading volume of 444.40 billion yuan [1] Sector Performance Gaining Sectors - The pharmaceutical and commercial sector increased by 5.92%, with a trading volume of 137.65 million hands and a net inflow of 10.67 billion yuan [2] - The banking sector rose by 1.81%, with a trading volume of 336.72 million hands and a net inflow of 75.68 billion yuan [2] - The chemical fiber sector saw a gain of 1.73%, with a trading volume of 69.47 million hands and a net inflow of -0.50 billion yuan [2] Declining Sectors - The components sector decreased by 2.30%, with a trading volume of 97.23 million hands and a net outflow of 7.57 billion yuan [2] - The battery sector fell by 1.95%, with a trading volume of 150.41 million hands and a net outflow of 5.94 billion yuan [2] - The electronic chemicals sector declined by 1.35%, with a trading volume of 70.26 million hands and a net outflow of 2.04 billion yuan [2]

海南封关首日记者实探三亚的免税城：苹果手机最高可减2140元，顾客排长队买单 特别声明：以上文章内容仅代表作者本人观点，不代表新浪网观点或立场。如有关于作品内容、版权或其它问 题请于作品发表后的30日内与新浪网联系。 点击进入专题： 海南自贸港建设提速 ...

Core Insights - The essence of business is to create value that meets social needs while earning profits through reasonable transactions and operations. This principle applies to the expansion of brand stores in the market, where brands and distributors are generally cautious about store expansion amid rational consumer sentiment. However, some brands are still opening large stores in shopping centers despite the prevailing trend of store closures and market exits [1][2]. Group 1: Brand Expansion Trends - Pop Mart opened its largest flagship store in Shanghai on November 29, covering nearly 800 square meters, and has plans for more large stores in various shopping centers [4][10]. - Miniso is implementing a "big store strategy + global IP" expansion model, with new store formats like MINISO LAND and MINISO FRIENDS, focusing on immersive experience spaces [14][18]. - On has rapidly expanded its presence in the Greater Bay Area, opening its largest direct store in Hong Kong and a significant store in Guangzhou, reflecting a strong growth trajectory [41][46]. Group 2: Consumer Electronics Growth - The consumer electronics sector is experiencing rapid growth in offline retail, with the share of electronic products in Shanghai's retail market increasing from 21% in 2023 to 36% by Q3 2025 [21]. - Huawei opened over 1,400 stores in August and October 2025, including a 2,800 square meter smart living store in Hangzhou, showcasing a trend towards larger retail spaces [22][24]. - Xiaomi's sales have surged, with over 35,000 cars sold in November 2023 alone, supported by a significant increase in physical store openings [33][35]. Group 3: Outdoor Sports Market Dynamics - The outdoor sports industry in China is projected to reach a total scale of 852.6 billion yuan by 2025, with a 13.48% year-on-year growth in the outdoor products market [40]. - On has opened new stores in Guangzhou and Hong Kong, with plans for further expansion, indicating strong market demand and brand performance [41][47]. - Decathlon has launched its first outdoor concept store in Chengdu, focusing on specialized outdoor categories, which reflects a shift towards professional and segmented offerings in the outdoor market [48][51].

iPhone Air 凤凰网科技讯 北京时间12月18日，天风国际证券知名苹果分析师郭明錤表示，苹果的AI危机意识催生 了创新动机，才有了iPhone Air的诞生。苹果会在2026年发布可折叠iPhone，但是该机型将缺货到明年 年底。 他指出，谷歌Gemini 3迅速成为市场焦点的主要原因是，用户在短期内就能感受到其显著提升的生图能 力，以及与Google Workspace的高度整合便利性。Gemini 3发布成功的更重要原因是谷歌的组织与策 略，难以被其他采用TPU的厂商轻易复制。 郭明錤认为，AI产业仍处于很早期阶段，论赢家与输家仍言之过早。 他指出，苹果的产品开发时间较竞争对手更长，iPhone Air已是在时间有限条件下在2025年所能做出的 最大改变，显著的iPhone用户体验改变需等到2026年。设备端AI是长期趋势，但短期内仍不影响既有消 费电子出货。苹果在今年的iPhone 17发布会上几乎未提AI，但销量仍优于预期即为证明。 苹果在2026年全球开发者大会(WWDC)上势必要显著改进Siri/Apple Intelligence，在时间压力下可能会 与谷歌的Gemini进行更深入的合作 ...

2025.12. 18 12月18日，苹果对日本地区的iOS应用进行调整，以符合日本《特定智能手机软件竞争促进法》的规定。 根据新规，日本地区的开发者拥有多重新权益：可通过非App Store的第三方应用商店分发iOS应用，也能在App内直接接 入PayPay、LINE等第三方支付工具，或者通过外链引导用户前往应用外网页等渠道完成数字商品及服务交易，对应苹果 佣金率仅为10%-21%；同时，苹果需允许通过网页侧载方式分发应用，针对这类交易仅收取5%的核心技术费。这一系列 调整彻底打破了苹果此前在iOS生态中的渠道独占格局，而其费率水平远低于中国市场当前执行的标准。 本文字数：1143，阅读时长大约2分钟 作者 | 一财科技 日本成为亚洲第一个打破苹果App Store应用内购买（IAP）与应用分发规则的国家。 日本税费的变动并非个例，过去几年来，全球多个国家和地区已通过立法或司法裁决推动苹果渠道规则调整。今年4月，美 国加州北区法院裁定，美国开发者可在应用内添加外部交易链接，且无须向苹果支付任何佣金；6月，俄罗斯通过法律修正 案，强制苹果开放侧载功能，禁止其强制定价和限制支付方式；10月，英国竞争上诉法庭认定 ...

Group 1 - The core viewpoint of the articles highlights the increasing focus on AI smart glasses as a key application of AI technology, with major companies entering the market, indicating a shift from infrastructure to end-user devices [1][2] - The Zhongzheng Consumer Electronics Theme Index (931494) has shown a decline of 1.03% as of December 18, 2025, with mixed performance among constituent stocks, where Zhaoyi Innovation (603986) led with a 7.17% increase [1] - The Consumer Electronics ETF (561600) has seen a net inflow of 57.41 million yuan over three days, with a peak single-day inflow of 27.69 million yuan, indicating strong investor interest [1][2] Group 2 - The AI smart glasses market is expected to enter a phase of intensive new product launches, driven by successful market entries like the Ray-Ban Meta glasses, which have attracted significant attention from various sectors including internet, consumer electronics, and XR hardware [2] - The top ten weighted stocks in the Zhongzheng Consumer Electronics Theme Index account for 56.39% of the index, with notable companies including Luxshare Precision (002475) and Cambricon Technologies (688256) [2]

Group 1 - Japan becomes the first country in Asia to break Apple's App Store in-app purchase (IAP) and app distribution rules [1] - On December 18, Apple adjusted its iOS applications in Japan to comply with the "Specific Smartphone Software Competition Promotion Law," allowing developers to distribute iOS apps through third-party app stores and integrate third-party payment tools like PayPay and LINE [2] - The new regulations enable developers to complete transactions for digital goods and services outside the App Store, with Apple's commission rates ranging from 10% to 21%, significantly lower than the current standards in the Chinese market [2] Group 2 - The adjustments in Japan are part of a global trend, with various countries pushing for changes in Apple's channel rules through legislation or judicial rulings [6] - In April, a U.S. court ruled that developers could add external transaction links without paying Apple any commission, while Russia mandated Apple to open sideloading features and prohibited its pricing and payment restrictions [6] - The UK court determined that Apple's 30% "Apple tax" was an unfair high price, establishing a reasonable fee range of 10% to 17.5% [6] Group 3 - The Japanese government has been pressuring Apple to open external payment links and third-party app stores, with the law passed in April 2022 aimed at creating a competitive mobile ecosystem [7] - The law allows the Japan Fair Trade Commission to impose compliance obligations on software providers with monopoly status, promoting innovation and consumer choice [7] - In contrast, Apple's commission rates in China remain at 30% for standard enterprises, with only a 15% discount for small businesses, raising concerns among industry leaders about the burden of high commissions [8]

这家总部位于加利福尼亚州库比蒂诺的公司表示，更严格的监管可能会使其更难保护用户的安全和隐 私。与此同时，这些规定也威胁要颠覆苹果每年创造数十亿美元收入的 App Store 商业模式。 在日本，这些变化旨在让开发者能够选择如何处理数字商品和服务的支付。它们还将为开发者提供更多 通过替代应用市场分发应用的控制权。此外，这些更新将使用户更容易选择自己喜欢的浏览器和搜索引 擎。 不过，苹果警告称，其中一些变化可能会给日本的 iOS 用户带来新的风险，可能会使他们面临恶意软 件、欺诈和诈骗的威胁。 苹果公司(AAPL.US)正在调整其在日本的 iOS 软件，以遵守一项旨在促进竞争的新当地法律;这是这家 iPhone制造商为适应全球监管而采取的更广泛举措的一部分。 该公司周三公布了一项合规计划，以回应日本去年通过并于本周生效的《移动软件竞争法》(MSCA)。 相关调整涉及操作系统的支付选项、替代应用市场和浏览器选择。苹果表示，其与日本监管机构密切合 作完成了这些更新，这些更新现已作为 iOS 26.2 的一部分在日本推出。 苹果在欧盟也面临类似的监管审查。该地区的《数字市场法》(DMA)旨在为在线平台创造公平的竞争环 ...