Market Overview - The Hong Kong stock market opened high but closed lower, with the Hang Seng Index down 0.6% to 25,343.43 points and a total turnover of HKD 26.76 billion [1] - The market fundamentals remain weak, but there is an improvement in the funding environment and a focus on industrial policies [1] Blue Chip Performance - Alibaba Health (00241) led blue-chip gains, rising 4.58% to HKD 6.39, contributing 2.8 points to the Hang Seng Index [2] - Other notable blue-chip performers include CSPC Pharmaceutical (01093) up 4.47% and Zhongsheng Group (00881) up 3.1% [2] Sector Highlights - Large tech stocks showed mixed results, with Baidu up 2.79% and JD.com nearly 1% higher, while Alibaba fell 0.45% [3] - The innovative drug sector continued its upward trend, with WuXi AppTec (02268) up 9.3% and HAPO (02142) up 9.16% [3][4] Foreign Investment in Innovative Drugs - Foreign investments in Chinese innovative drug companies have increased, with GIC acquiring 40.22 million shares of HAPO at an average price of HKD 12.7133, totaling approximately HKD 5.11 billion [4] - The domestic innovative drug sector has seen significant growth, with 83 licensing agreements worth USD 84.53 billion this year [4] Gold Stocks Activity - Gold stocks were active, with Lingbao Gold (03330) up 6.09% and Shandong Gold (01787) up 2.07%, driven by rising gold prices amid increased risk aversion [5] - International gold prices reached new highs, with NY gold futures surpassing USD 3,600 per ounce [5] Robotics Sector Developments - The robotics sector showed mixed performance, with MicroPort Robotics (02252) up 13.28% and some stocks like Sanhua Intelligent Control (02050) down [6][5] - Tesla emphasized the strategic importance of its robotics business, indicating significant future value [6] Notable Stock Movements - Changfei Optical Fiber (06869) surged 12.61% due to market interest in hollow-core fiber optics, with a projected compound growth rate of 56.52% over the next six years [7] - Huya Technology (01860) reported a 47% year-on-year revenue increase, reaching USD 938 million [8] - China Tobacco Hong Kong (06055) reached a historical high, with a revenue increase of 18.52% to HKD 10.316 billion [9] - Neway Group (01686) saw a significant drop of 13.81% despite a 10% revenue increase to HKD 2.938 billion [10]

云之声(09678)跌超8%，截至发稿，跌8.96%，报716港元，成交额2720.29万港元。 值得注意的是，云知声已获恒生指数有限公司选定并将纳入恒生指数系列的成分股，自2025年9月8日起 生效，其中包括恒生综合指数、恒生综合中小型股指数、恒生互联网科技业指数等。 消息面上，云之声近日发布2025年中期业绩，收益4.05亿元(人民币，下同)，同比增长20.2%;期内亏损 2.98亿元，同比增加16.6%;公司拥有人应占亏损2.97亿元，同比扩大16.4%;每股基本亏损4.28元。 ...

智通财经APP获悉，云之声(09678)跌超8%，截至发稿，跌8.96%，报716港元，成交额2720.29万港元。 消息面上，云之声近日发布2025年中期业绩，收益4.05亿元(人民币，下同)，同比增长20.2%;期内亏损 2.98亿元，同比增加16.6%;公司拥有人应占亏损2.97亿元，同比扩大16.4%;每股基本亏损4.28元。 值得注意的是，云知声已获恒生指数有限公司选定并将纳入恒生指数系列的成分股，自2025年9月8日起 生效，其中包括恒生综合指数、恒生综合中小型股指数、恒生互联网科技业指数等。 ...

Group 1 - The Hong Kong stock market indices collectively declined, with the Hang Seng Tech Index dropping nearly 1%, while the A-share market followed suit with the largest ETF tracking the Hang Seng Tech Index also experiencing fluctuations [1] - Public fund reports for mid-2025 indicate a significant increase in the proportion of Hong Kong Stock Connect holdings to 16.85%, making it the top allocation direction for active equity funds, reflecting a preference for Hong Kong stocks due to their valuation advantages amid high valuations in A-shares [1] - Market style is shifting from traditional core assets like liquor and new energy to high-growth sectors in Hong Kong, particularly technology, semiconductors, and AI-driven industries [1] Group 2 - Tactical recommendations suggest seizing rebound opportunities following index corrections, as factors constraining the Hong Kong market are showing signs of marginal improvement, including anticipated interest rate cuts by the Federal Reserve [2] - The liquidity situation in the Hong Kong market is improving, with the Monetary Authority halting net fund withdrawals and the most volatile phase of exchange rate fluctuations likely coming to an end [2] - The AH share premium has risen to 127.5%, restoring the valuation advantage of Hong Kong stocks, while concerns over earnings have subsided following the release of mid-year reports [2] - Southbound capital has net purchased over 100 billion HKD this year, primarily flowing into core AI assets in Hong Kong, with Alibaba seeing continuous net buying for eight consecutive days [2] - The Hang Seng Tech Index ETF includes 30 leading Hong Kong tech companies, focusing on the AI industry chain, with major players like Alibaba, Tencent, Xiaomi, Meituan, and BYD potentially becoming the "seven giants" of Chinese tech stocks [2]

Group 1 - The Hong Kong stock market, represented by the Hang Seng Technology Index, is currently experiencing a collective decline, with the index dropping nearly 1% [1] - Southbound capital continues to flow into Hong Kong stocks, with a net inflow of 92.81 billion HKD on September 2, and a cumulative net inflow of 1,000.22 billion HKD this year, marking a record high since the launch of the mutual market access mechanism [1] - The probability of a 25 basis point rate cut by the Federal Reserve in September is as high as 89.6%, indicating a potential new round of interest rate cuts in the U.S., which may benefit emerging markets including Hong Kong stocks [1] Group 2 - The Hong Kong technology sector, represented by the Hang Seng Technology Index, is currently in a historically undervalued range, with expectations of a "catch-up" rally due to continuous inflows from southbound capital and the anticipated new round of interest rate cuts in the U.S. [2] - The Hang Seng Technology Index ETF (513180) includes 30 leading Hong Kong technology companies, focusing on the AI industry chain, with major players like Alibaba, Tencent, Xiaomi, Meituan, and BYD expected to become the "seven giants" of Chinese technology stocks [2] - Investors without a Hong Kong Stock Connect account can access Chinese AI core assets through the Hang Seng Technology Index ETF (513180) [2]

Market Overview - The Hong Kong stock market opened higher but experienced a decline, with the Hang Seng Index down 0.4%, the Hang Seng China Enterprises Index down 0.53%, and the Hang Seng Tech Index down 0.54%, indicating a cautious market sentiment [1] Technology Sector - Major technology stocks initially rose but later turned negative, with Meituan and Xiaomi both dropping over 1%, while Alibaba and Tencent saw slight declines. Baidu increased by 2.68%, JD.com rose by over 1%, and Kuaishou remained positive [1] Biopharmaceutical Sector - The biopharmaceutical sector showed strong performance, particularly in internet healthcare and innovative drugs, with Ping An Good Doctor surging over 16%, and both Qihuang Pharmaceutical and Hengrui Medicine performing well [1] Gold and Mining Sector - Gold prices reached new highs, with multiple institutions remaining bullish on gold. Most gold stocks continued to rise, with Zhaojin Mining hitting a historical high and its market capitalization surpassing 100 billion HKD [1] Other Sectors - The photovoltaic, heavy machinery, and coal sectors were generally active. Conversely, Chinese brokerage stocks, military industry stocks, home appliance stocks, and domestic property stocks declined, with companies like CICC, China Merchants Securities, Hisense Home Appliances, and Agile Group all dropping over 3%. The restaurant, building materials, cement, aviation, and automotive sectors also faced collective downturns [1]

Core Insights - The Hang Seng Tech Index (HSTECH) has shown a slight increase of 0.07% as of September 3, 2025, with notable gains in stocks such as Alibaba Health (up 4.42%) and Baidu Group (up 2.30%) [3] - The AI industry is entering a new development cycle, driven by government policies and technological advancements, with a focus on AI as a core engine of new productivity [3] - The electric vehicle (EV) sector has seen record delivery numbers in August, with companies like Leap Motor and NIO reporting significant year-on-year growth [4] Industry Summary - The Hang Seng Tech Index ETF (159742) has experienced a recent decline of 0.13%, but has accumulated a 2.62% increase over the past two weeks [3] - The EV market is expected to maintain growth momentum due to the upcoming traditional sales peak and continued subsidies for trade-ins [4] - The Hang Seng Tech Index ETF has seen a net inflow of funds, totaling 373 million yuan over the past week, indicating strong investor interest [4] Financial Performance - The Hang Seng Tech Index ETF has achieved a net value increase of 41.03% over the past three years, with a maximum monthly return of 33.70% since inception [5] - The ETF's management fee is set at 0.50%, with a tracking error of 0.047% over the past three years, indicating high tracking precision [5] - The top ten weighted stocks in the HSTECH index account for 68.71% of the index, highlighting the concentration of investments in major tech companies [6]

【导读】人形机器人概念刺激，力劲科技尾盘拉升 9月2日，港股回调。截至收盘，恒生指数跌0.47%，报25496.55点，恒生科技指数跌1.22%，恒生中国企业指数跌0.15%。全日大市成交额为3281亿港元， 较前一日缩量，南向资金净买入92.81亿港元。值得注意的是，恒生生物科技指数逆市翻红，收涨0.13%，年内涨幅为104.17%。 | 序号 | 代码 | 名称 | 现价 | 涨跌 | 涨跌幅 | 成交额 | 年初至今 序号 | | --- | --- | --- | --- | --- | --- | --- | --- | | 1 | HSI | 恒生指数 | 25496.55c | -120.87 | -0.47% | 3281亿 | 27.10% 1 | | 2 | HSTECH | 恒生科技 | 5728.46c | -70.50 | -1.22% | 1023亿 | 28.21% 2 | | 3 | НSHKBIO | 恒生生物科技 | 17601.79c | 23.12 | 0.13% | 275亿 | 104.17% 3 | | 4 | HSCEI | 恒生中国企业指数 | 9108.12 ...

| ○ 19 1 全國企业德用查询到 | 机械臂控制方法和装置,计算设备及存储介质 | | 0 直一下 | ■ 应用 ▼ | 企业中心 自 | > SVIP 查看看看 | | --- | --- | --- | --- | --- | --- | --- | | 机械臂控制方法和装置、计算设备及存储介质 | | | | | | 上专利文献 | | CN115383739B(授权) + 授权 发明授权 | | | | | | | | 申请讲度 | 摘要 | 法律状态 | 权利要求 | 说明书 | | 附圖 | | 摘要 基本信息 | | | | | | @ 企音音 | | 申请号 | CN202210793675.0 | | 申请日期 | 2022-07-07 | | | | 申请公布号 | CN115383739A | | 申请公布日 | 2022-11-25 | | | | 授权公告号 | CN115383739B | | 展权公告日 | 2025-09-02 | | | | 优先权号 | | | 优先权日 | | | | | IPC分类号 | B25J9/16 | | CPC分类号 | | | | | 专 ...

Market Overview - A-shares experienced a slight decline, with the Shanghai Composite Index down 0.07%, the Shenzhen Component down 0.51%, and the ChiNext Index down 0.36% [1] - Hong Kong stocks also fell, with the Hang Seng Index down 0.04% and the Hang Seng Tech Index down 0.43% [2][3] - The bond market saw a slight increase in government bond futures, with the 30-year main contract up 0.07% [3][4] Sector Performance - The innovative drug sector saw significant gains, with companies like BeiGene and Amgen rising over 10% [6] - Precious metals continued to strengthen, with West Mining reaching the daily limit and other companies like Hunan Silver and Zhongjin Gold also rising [8] - The photovoltaic sector opened strong, with companies like Saiwu Technology hitting the daily limit and others like Jiejia Weichuang and Sunshine Power rising over 5% [12] - The industrial mother machine sector surged following the release of a high-quality standard system plan by the National Standards Committee and the Ministry of Industry and Information Technology [14] Commodity Market - Domestic commodity futures mostly rose, with polysilicon up over 4% and the shipping index soaring over 6% [5][20] - Specific commodities like asphalt, fuel oil, and rubber also saw increases of over 1% [5] - However, some commodities like soybean meal, coke, and eggs experienced declines [5][20] Financing and Investment Trends - As of September 1, the margin financing balance in A-shares reached 2.3 trillion yuan, surpassing the historical high of 2.27 trillion yuan from June 18, 2015, with a daily increase of 35.643 billion yuan [11] - Notably, 24 stocks saw net financing purchases exceeding 1 billion yuan, with Shenghong Technology, Cambricon Technologies, and Xinyisheng leading the way [11]