今年以来，各类存储产品价格攀升，进而冲击下游消费市场，国内中高端手机新品集体涨价，基于此， 机构下修2026年全球智能手机及笔电的生产出货预测。 值得一提的是，TrendForce集邦咨询还指出，由于存储器供应紧张状况延续，规模较小的智能手机品牌 资源取得难度加大，不排除该市场将进入新一轮洗牌，大者恒大的趋势将更为明确。 2026年笔电市场同样将面临明显压力。TrendForce集邦咨询认为，供给收缩推升存储器大涨，2026年笔 电市场恐迎来成本与需求双重压力。 具体而言，TrendForce集邦咨询分析师表示，以今年存储器上涨前的成本结构为基准观察，DRAM及 NAND Flash合计占笔电整机BOM cost的比重约10%~18%，在如此大幅且连续数季的上涨下，预估存储 器占整机BOM cost的比重将进一步扩大至20%以上。 "若品牌选择将成本转嫁，预估2026年笔电终端售价将普遍上调5%~15%，对需求形成实质压力。笔电 低价位市场同样对价格变化高度敏感，预期将出现延后换机或转向二手市场的情况。中价位市场的换机 动能则可能显著放缓，企业与家庭用户皆倾向延长设备生命周期。此外，高价位市场虽相对具韧性，但 ...

【文/羽扇观金工作室】 美国联邦政府道德办公室(OGE)11月15日公布的文件显示，美联储前理事阿德里安娜·库格勒在其年度财 务披露表中申报了多笔违反美联储政策的股票交易，该事项已被移交至美联储监察长办公室调查。 库格勒于今年8月1日宣布辞职，并在9月提交了相关财务披露报表。根据披露文件，这些交易主要由其 配偶进行，涉及苹果、西南航空等个股，违反了美联储关于高级官员及其家属不得交易个股的明确规 定。美联储道德官员拒绝对库格勒遵守机构政策的情况进行认证。 这并非库格勒首次出现此类问题，一年前她曾自报4笔违规交易，当时称系其丈夫在她不知情情况下操 作。库格勒于2023年加入美联储，其离职后，时任总统特朗普已提名首席经济顾问斯蒂芬·米兰接任其 余任期至2026年1月31日。此次事件再次引发市场对美联储官员道德规范执行情况的关注。 违规交易细节曝光，美联储启动内部调查程序 根据美国联邦政府道德办公室公布的文件，库格勒在2024年度财务披露表中申报的多笔股票交易均违反 了美联储的相关政策规定。披露资料显示，其配偶在2023至2024年期间购买了包括苹果公司、西南航空 在内的多只个股。根据美联储现行规定，理事会成员及其配 ...

Domestic Macro - In October, major economic indicators showed a decline, with industrial, consumption, and investment growth rates slowing compared to September. The high base from last year's policy stimulus and the misalignment of holidays contributed to short-term disturbances, indicating insufficient domestic demand and external pressure that require policy support [1][7] - The industrial added value in October grew by 4.9% year-on-year and 0.17% month-on-month, while from January to October, it increased by 6.1% year-on-year. Real estate development investment from January to October was 73,563 billion yuan, down 14.7% year-on-year, and new commercial housing sales area decreased by 6.8% year-on-year [7] Foreign Macro - Overseas markets continued to experience fluctuations, particularly in US tech stocks, which affected sentiment in the A-share market. The S&P 500 index rose by 0.08%, while the Nasdaq index fell by 0.45% [8] - Several factors contributed to the ongoing adjustment in US stocks, including the absence of key economic data during the government shutdown, hawkish statements from Federal Reserve officials regarding interest rate cuts, and concerns over the sustainability of debt financing for AI giants [8][9] Bond Market - The bond market is expected to remain in a favorable period despite some pressure on the fundamentals. The central bank has indicated that during this critical economic transition, it is not advisable to overly focus on total data changes [10][15] - The overall liquidity in the market is anticipated to stay relatively loose in the medium term, with the bond market likely to continue benefiting from this environment [15] Equity Market - The market is entering a period of total policy and profit vacuum, with accelerated rotation in the tech sector and increased highlights in low-position consumption and dividends. The high-yield, risk-free financial assets are diminishing, and the influx of new capital is far from over [20] - The Shanghai Composite Index fell by 0.18%, the Shenzhen Component Index dropped by 1.40%, and the ChiNext Index decreased by 3.01% last week, with 20 out of 31 industries showing gains [16][20] Investment Strategy - Emerging technology is expected to be a main focus, with cyclical consumption looking towards transformation. Attention should be given to sectors that have experienced prolonged corrections and significant adjustments [21][22] - Specific directions include technology growth, manufacturing expansion, cyclical consumption, and financial sectors, with a focus on areas such as internet, robotics, semiconductor, and consumer electronics [22]

Core Viewpoint - Lei Jun, the founder of Xiaomi, has publicly addressed the controversy surrounding the statement "Xiaomi cars prioritize aesthetics over safety," emphasizing that safety is the foundation and premise of their vehicles [3][5]. Group 1: Incident Background - The controversy originated from a misinterpretation of Lei Jun's comments during a 2024 interview, where only part of his statement was shared, leading to public skepticism about the safety of Xiaomi cars [3][5]. - Lei Jun's response highlighted the issue of misrepresentation, stating that many people have distorted his words, which has contributed to the negative perception of Xiaomi's automotive safety [5]. Group 2: Marketing Challenges - This is not the first time Xiaomi has faced such backlash; Lei Jun previously mentioned that Xiaomi has become one of the most criticized car manufacturers online since the launch of their vehicles [6]. - Xiaomi's marketing strategy, often referred to as "Mi-style marketing," has sparked both interest and controversy, particularly due to the phenomenon of "small print literature," where important details are downplayed in promotional materials [6][8]. Group 3: Shift in Marketing Strategy - In light of the current public relations challenges, Xiaomi appears to be seeking a transformation in its marketing strategy, moving towards a greater focus on technology research and development as the automotive business matures [10]. - The company is attempting to find a new balance between marketing and product quality, recognizing that past marketing tactics may no longer be effective as the brand grows [10].

来源：环球网 【环球网科技综合报道】11月17日消息，苹果公司通过官网宣布："Apple 北京荟聚"零售店将于 12 月 6 日上午 10 点开幕。 据悉，该零售店位于北京市大兴区欣宁街 15 号北京荟聚一层，将成为北京第六家Apple Store零售店。 新店slogan为"有梦一起造"。 截至目前，苹果官方尚未公布该店的具体设计细节与空间布局。（思瀚） ...

来源：环球网 随后，售价 349 美元的入门级 iPad将迎来升级，新机型将搭载 A18 芯片，还将首次引入 Apple Intelligence 的功能。 此外，iPad mini即将迎来自 2024 年以来的首次更新。此次升级可能会引入 A19 Pro 芯片，但同时也会 带来一项更大的升级，即OLED 显示屏。 外媒表示，总的来说，除了iPad mini之外，明年对于 iPad 来说是相当平淡的一年。（思瀚） 【环球网科技综合报道】11月17日消息，据9To5Mac报道，苹果新款M5 iPad Pro的发布，为业界提供了 一些关于iPad 产品线未来发展方向的线索，其2026年路线图也更加清晰。 外媒表示，2026 年苹果将先发布下一代iPad Air，这款新机将搭载 M4 芯片，相比M3芯片性能可提升 10%至20%。虽然 OLED 屏幕一直是 iPad Air 的计划之一，但其可能要到2027 年或更晚才会面世。 ...

具体来看，电子行业以115次调研、覆盖18只个股的成绩位居榜首，无论在调研频次还是个股数量上均 排名第一。 新华财经上海11月17日电（林郑宏） 据公募排排网统计数据显示，上周（2025年11月10日-11月16日） 共有125家公募机构参与到A股调研活动中，覆盖到22个申万一级行业中的132只个股，合计调研次数达 707次，尽管较前一周小幅回落，整体调研热度仍处于较高水平。 万亿市值消费电子龙头企业工业富联最受公募青睐，吸引了博时基金、嘉实基金等48家机构集中调研， 重点关注其全球化扩张进程。同属电子行业的奥比中光获调研15次，机构主要关注其自研芯片的最新进 展。 在调研热度前十的个股中，医药生物和机械设备行业均有3只个股入围。医药生物行业方面，瑞迈特、 澳华内镜和安科生物分别获调研31次、25次和24次；机械设备行业中，博盈特焊、沃尔德与奥普特分别 获调研30次、19次和15次。 | 上周公募调研次数排名前十个股 | A 股简称 | 被调研次数 | 申万一级行业 | | | | --- | --- | --- | --- | --- | --- | | 电子 | 工业富联 | 48 | 瑞迈特 | 医药生 ...

美联储规定，高级官员或其配偶不得交易个股，且议息会议前10天为"噤声期"，禁止任何证券买卖。 库格勒由美国前总统拜登任命，她的任期原定于明年1月结束。今年8月她突然辞职时，美联储在一份声明中表示，库格勒将重返乔治城大学担任教授。 极目新闻综合央视财经、第一财经广播、央视新闻等 （图片来源：央视新闻、视频截图） （来源：极目新闻） 据央视财经报道，美联储前理事库格勒突然辞去职务，且未做任何解释。日前最新公布的一份报告显示，库格勒在其年度财务披露表中申报了多笔股票买 卖，这些交易均违反了美联储的相关规定。 这些交易涉及苹果、西南航空、卡特彼勒等公司的股票，其中两笔发生在议息会议前的数天。 值得注意的是，此次披露是库格勒在一年前自曝四笔违规交易后的再次违规。当时她将违规原因归咎为"意外"，称交易由其丈夫在她不知情的情况下操作。 ...

长江证券研报指出，蓝思科技2025Q1~3归母净利润28.43亿元，同比增长19.91%；Q3单季度实现归母净 利润17.00亿元，同比增长12.62%。iPhone17销量大幅提升加码，公司中框业务贡献核心增量。智能汽 车业务方面，智能座舱产品矩阵日益丰富，超薄夹胶车窗玻璃导入国内头部车企。当前毛利率仍受墨西 哥工厂影响，但公司已逐步推进墨西哥工厂的搬迁，未来有望迎来营收与毛利率双增长的成长通道。未 来涌现的新型智能终端产品，公司均有望凭借平台化全链条整合能力以及外观件多年技术积累，获得较 多头部客户订单，深度拥抱AI 端侧浪潮。预计公司2025~2027年可实现归母净利润50.70/69.56/81.82亿 元，维持"买入"评级。 ...

Group 1 - The consumer electronics sector rose by 0.36% on November 17, with Victory Precision leading the gains [1] - The Shanghai Composite Index closed at 3972.03, down 0.46%, while the Shenzhen Component Index closed at 13202.0, down 0.11% [1] - Key stocks in the consumer electronics sector showed significant price increases, with Victory Precision up 7.41% to 4.06, and other notable gainers including Laimu Co. and Yingxiaoda Technology [1] Group 2 - The consumer electronics sector experienced a net outflow of 1.306 billion yuan from institutional investors, while retail investors saw a net inflow of 922 million yuan [2] - The table of fund flows indicates that major stocks like Heertai and Victory Precision had varying levels of net inflow and outflow from different investor types [3] - Victory Precision had a net inflow of 180 million yuan from institutional investors, while retail investors showed a net outflow of 132 million yuan [3]