百度年度重要科技和产品发布会——百度世界2025定档11月13日在北京举办，将聚焦三大主 题：大模型的技术深度、AI原生应用的生态广度，出海战略的全球视野，其被视为百度下一个 十年的关键节点前瞻。 【富士康与英伟达合作，推动800伏直流电源架构落地人工智能数据中心】 整理 | 美股研究社 在这个快速 变 化的 时代， 人工 智能技术正以前所未有的速度发展，带来了广泛的机会 。 《AI日 报 》致力于挖掘和分析最新的AI概念股公司和市场趋势，为您提供深度的行 业 洞察和 价 值 分析。 A I 快 报 【百度世界2025定档11月13日 将聚焦大模型、AI应用及出海】 富士康在官网上宣布，公司正在与英伟达合作，推动800伏直流电源架构落地人工智能(AI)数 据中心。这一新架构将首先在高雄K-1人工智能数据中心项目中实施，该项目作为展示平台， 展现公司在AI服务器、数据中心及可再生能源整合方面的能力。 【英伟达：Meta与甲骨文将使用Spectrum-X以太网交换机】 10月13日，英伟达表示，Meta和甲骨文将采用英伟达Spectrum-X以太网交换机构建AI数据 中心网络。这两家公司将Spectrum-X以太 ...

2. 中远海能(01138)涨超3%， 据申万宏源，10月9日美国OFAC 宣布新一批对伊朗石油出口相关企业制裁 名单。其中涉及日照实华原油码头有限公司。 3. 映恩生物-B(09606)涨超3%， 公司首款ADC有望于年内提交上市申请。 点击蓝字，关注我们 今日上午港股 1. 微创机器人-B(02252)涨超3%， 10月8日，微创机器人-B发布公告，图迈商业化进程已进入全面加速阶 段，海外订单已突破60台。 2. 霸王茶姬(CHA.US)跌2.46%， 国庆中秋假期期间，霸王茶姬交通枢纽店、热门旅游城市、景点门店增 幅显著。 3. 汽车制造商Stellantis(STLA.US)跌7.37%， Stellantis公布第三季度销量初步数据，全球交付量同比增长 13%至130万辆。 4. 金风科技(02208)跌超1%， 近日减持金力永磁股份约2960.07万股 累计套现约7.62亿元。 5. 紫金黄金国际(02259)涨超4%， 10月12日，紫金黄金国际发布公告，哈萨克斯坦Raygorodok金矿项目 收购完成交割。 6. 香港中旅(00308)涨超8%， 香港中旅公布，建议实物分派旅游地产业务，有望减 ...

Group 1 - The report highlights the long-term allocation value of Hong Kong-listed central state-owned enterprises (SOEs) dividend assets, which have shown stable performance amid global economic uncertainties and recent tariff conflicts [1][7][19] - As of October 10, 2025, the returns of major indices over the past two years are as follows: Hang Seng Index at 45.85%, Hang Seng Tech at 54.03%, Hang Seng High Dividend at 51.35%, and the National New Hong Kong Stock Connect SOE Dividend Index at 31.15% [8][9][19] - The report indicates that dividend assets have lower volatility and stronger stability compared to other indices during market fluctuations, particularly during the recent tariff shocks [11][19] Group 2 - The trading congestion of Hong Kong SOE dividend assets has increased, yet they remain relatively undervalued, offering high investment value [19][45] - The dividend yield of the National New Hong Kong Stock Connect SOE Dividend Index is 6.07%, which is significantly higher than the 10-year government bond yield by 4.22 percentage points [25][27] - The report notes that the relative attractiveness of dividend assets has improved due to declining bond yields, with the yield ratio of the National New Hong Kong Stock Connect SOE Dividend Index to the 10-year government bond yield reaching 3.29 as of October 10, 2025 [26][27] Group 3 - As of October 10, 2025, the total market capitalization of Hong Kong-listed SOEs is 13.5 trillion HKD, accounting for 17% of the overall market [35][36] - The report details that the H-share SOE PE (TTM) averages are 4.93, with a market-weighted average of 9.38, indicating a relatively low valuation compared to the overall Hong Kong market [45][51] - The report also highlights that the dividend yield of Hong Kong SOEs is generally higher than that of A-shares, with a significant contribution from state-owned enterprises [8][9][69]

Core Viewpoint - The FCC has mandated the removal of millions of Chinese electronic products from major e-commerce platforms in the U.S. due to alleged national security risks, particularly concerning surveillance capabilities [1][5]. Group 1: FCC Actions - The FCC has announced a new national security notice, warning companies about banned products, including video surveillance equipment that could allow China to monitor Americans [3]. - The FCC plans to tighten restrictions on telecommunications equipment manufactured by Chinese companies deemed to pose national security risks [5]. - A vote scheduled for October 28 aims to ban devices containing components from a "covered list" and may prohibit the sale of previously authorized devices under certain conditions [6]. Group 2: Impact on E-commerce - Major e-commerce platforms have already removed millions of so-called "prohibited" Chinese electronic products, including those from companies like Huawei, Hikvision, ZTE, and Dahua Technology [1][6]. - Searches for Huawei products on Amazon within the U.S. show that these items are no longer available, while they can still be found when searching from outside the U.S. [3]. Group 3: Broader Context - This action is part of a series of measures taken by the U.S. government against Chinese technology firms across various sectors, including telecommunications, semiconductors, and automotive industries, citing national security concerns [6]. - The Chinese government has criticized the U.S. for politicizing economic and technological issues, claiming that such actions disrupt global supply chains and harm the interests of both countries [6].

Core Points - The FCC has mandated the removal of millions of Chinese electronic products from major e-commerce platforms, citing national security risks [1][6] - The products affected include those from companies like Huawei, Hikvision, ZTE, and Dahua Technology, particularly home security cameras and smartwatches [1][6] - FCC Chairman Brendan Carr emphasized the need for new procedures to prevent the sale of "prohibited products" in the future [1][3] Summary by Category Regulatory Actions - The FCC is tightening restrictions on telecommunications equipment from Chinese companies deemed to pose national security risks, with a vote scheduled for October 28 [6] - The FCC's updated list includes companies such as Huawei, ZTE, and Hikvision, prohibiting the import or sale of new devices from these firms in the U.S. [6] Market Impact - Major e-commerce platforms like Amazon have already removed products from Huawei, with searches for Huawei smartwatches yielding no results when located in the U.S. [3][4] - The actions against Chinese tech companies are part of a broader trend of U.S. government measures targeting various sectors, including telecommunications and semiconductors, under the guise of national security concerns [6][7] International Relations - China has criticized the U.S. for politicizing economic and technological issues, claiming that such actions disrupt global supply chains and harm the interests of businesses in both countries [7]

Investment Rating - The report maintains a "Weaker than Market" rating for the U.S. stock market [1] Core Insights - The report highlights a significant market downturn due to renewed trade conflicts, with the S&P 500 dropping by 2.4% and the Nasdaq by 2.5% [3] - Only three sectors experienced gains, while 21 sectors saw declines, indicating widespread market fear [3] - The semiconductor sector attracted substantial capital inflows, contrasting with the overall outflow from the market [4] Summary by Sections Price Trends - The S&P 500 fell by 2.4%, and the Nasdaq decreased by 2.5% due to trade tensions [3] - The performance of sectors varied, with the Food, Beverage & Tobacco sector increasing by 1.7%, while Durable Goods & Apparel dropped by 8.4% [3] Capital Flows - The estimated capital flow for S&P 500 components was -$40.6 billion, indicating a significant outflow compared to the previous week [4] - The semiconductor products and equipment sector saw a capital inflow of $83.2 million, while the automotive sector experienced a $25.7 million outflow [4] Earnings Forecast - The report indicates a 0.3% upward adjustment in the earnings per share (EPS) forecast for S&P 500 components, with 21 sectors seeing an increase in earnings expectations [5] - The materials sector led the upward revisions with a 1.0% increase, while the energy sector faced a downward adjustment of 0.5% [5]

解决上述问题，关键在于制度型开放的深化与落地。一方面，要以制度型开放引领一流营商环境建 设，这既是中国服务贸易开放发展的重要趋势，也是服务贸易高质量发展的必然路径。另一方面，要进 一步推进重点领域制度型开放，特别是在电信、教育、文化、医疗、金融等领域要逐步放宽准入限制， 有序扩大服务业市场开放，通过主动对接国际高标准经贸规则，逐步减少或取消外资在服务业中的占比 限制。 政策层面已开始加力。近期，商务部等9部门联合印发《关于促进服务出口的若干政策措施》， 以"扩规模、优结构、强支撑"为核心目标，提出13项具体举措，旨在破解服务贸易企业融资难、数据跨 境流动不畅等瓶颈。值得关注的是，文件明确将数字服务、绿色服务等新业态作为重点支持方向，通过 财税金融、便利化改革、创新驱动三大维度构建全链条政策体系，为未来中国服务贸易发展指明了方 向。 服务贸易高质量发展还要与扩内需战略紧密结合起来，进一步促进优质服务供给。当前，中国消费 市场已进入了服务消费与商品消费并重的阶段，服务消费已成为扩内需的重要抓手之一。要鼓励通过场 景创新和业态融合，不断增加优质服务供给。同时，要善于用好中国超大规模市场的"引力"与人均收入 仍处于中 ...

每经头条（nbdtoutiao）——天水麻辣烫、淄博烧烤、荣昌卤鹅⋯⋯"泼天流量"退去后，这些城市怎么 样了？ （记者 王晓波） 2024年1至12月份，中国联通的营业收入构成为：电信行业占比100.0%。 截至发稿，中国联通市值为1729亿元。 每经AI快讯，中国联通（SH 600050，收盘价：5.53元）10月10日晚间发布公告称，2017年11月，中国 国有企业结构调整基金股份有限公司（以下简称"结构调整基金"）通过协议转让方式受让公司控股股东 中国联合网络通信集团有限公司所持公司股份约19亿股。截至本公告披露日，自相关受让以来的近八年 时间，结构调整基金未对所持公司股份作任何减持；相关股份，占公司总股本比例为6.08%。 结构调整基金计划在自本公告披露之日起十五个交易日后的三个月内，以集中竞价交易、大宗交易方式 减持公司股份不超过约3.75亿股（占公司总股本比例为1.2%）。在减持计划期间内，若公司发生股份变 动事项，则前述减持数量亦进行相应调整，以不超过公司总股本的1.2%为限。根据证券监管规则，上 市公司大股东减持或者特定股东减持，采取集中竞价交易方式的，在任意连续90日内，减持股份的总数 不得 ...

在俄罗斯副外长里亚布科夫宣称阿拉斯加"特普会"后俄乌战争的"和平进程"已"失去动力"后，俄罗斯股市随即迎来 了三年来最大的单日跌幅，莫斯科交易所（MOEX）指数下跌4.05%至2563.3点，创下2024年12月以来的最低水 平，主要的俄罗斯大公司股价纷纷下跌，诸如俄气下跌4.1%，俄罗斯石油公司下跌2.5%，俄罗斯储蓄银行下跌 4.9%，俄罗斯外贸银行下跌4.7%，俄罗斯航空公司下跌近5%，俄罗斯电信下跌超过5%。 分析师认为，里亚布科夫的言论引发了恐慌性抛售，导致俄股大跌，市场对这场战争的未来做出了直接反应。而 在此之前，媒体就对俄罗斯经济表达了担忧，或者准确说，是对畸形繁荣的俄罗斯战争经济表达了担忧。 俄罗斯的情况现在很困难，相比战场上的僵局，"油荒"加剧的俄罗斯国内经济让克里姆林宫更加担忧。 《世界报》发文称，客观而言，俄罗斯正进入开战后最糟糕的经济阶段，战争带动的经济繁荣已经成为过去时， 俄罗斯纳税人将被迫承担越来越多的税负，克宫的不断加税已经证明了这一点，这不符合"越打越富"的论断。 彭博社则认为，庞大的战争支出让俄罗斯经济进一步陷入军事化状态，或者说，战争已经绑架了俄罗斯经济，导 致即便是战争结 ...

尽管面临挑战，柬埔寨的人均国内生产总值（GDP）预计将持续稳步提升。翁赛维索表示，人均GDP将 从2023年的2520美元、2024年的2713美元，提升至2025年的近3000美元。他进一步强调，柬埔寨经济的 五大支柱依然稳固，主要依靠服装鞋类、旅行用品出口、旅游业、农业以及房地产与建筑业支撑。 根据财经部的报告预测，构成柬埔寨经济核心的各大部门在将呈现以下增长趋势：工业部门（以服装、 非服装制造和建筑业为主）预计将实现 7.1% 的增长；服务业（以旅游、交通、电信、贸易和房地产为 主）预计增长 3.8%；农业领域的增幅预计将达到 0.9%。 柬埔寨政府于近日正式发布《国家战略发展计划》。副首相兼内阁办公厅大臣翁赛维索在发布会上指 出，柬埔寨预计2025年经济增速为5%，与2024年预期的6%相比有所放缓。 他说，经济增长放缓的主要原因在于双重外部因素的冲击：柬泰边境冲突和美国加征关税。他特别提 到，自今年8月1日起，美国对来自柬埔寨的输美商品统一征收19%的关税，这对柬埔寨出口造成了明显 压力。 ...