Core Insights - The smart car ETF (159889) saw an intraday increase of over 1.7%, driven by industry trends and policy developments [1] - According to招商证券, 2026 is projected to be a breakout year for the smart driving and Robotaxi industries, with ongoing market attention on these trends [1] - Nvidia's release of the open-source VLA model Alpamayo 1 signifies a pivotal moment for physical AI, with unmanned taxis expected to be among the first beneficiaries [1] Industry Developments - Waymo is expected to exceed 450,000 weekly orders by 2025, while Tesla's Robotaxi operations are expanding in Austin, with Full Self-Driving (FSD) technology likely to validate the gradual transition from Level 2 to Level 4 [1] - Pony.ai has achieved single-vehicle profitability in Guangzhou, and WeRide has obtained a fully autonomous driving commercial license in the UAE [1] - Regulatory advancements are indicated by the establishment of national standards for L3 access permits and autonomous driving regulations, suggesting a faster pace of progress in legislation [1] Market Dynamics - The smart car ETF (159889) tracks the CS Smart Car Index (930721), which selects listed companies involved in smart driving and vehicle networking from the A-share market, covering the entire industry chain from hardware to software [1] - The index's constituent stocks are concentrated in the electronics, computer, and automotive sectors, providing a comprehensive reflection of the overall performance of the smart car-related industries [1]

科技与人文交织激荡，让这种"酷"有了更深层次的韵味和内涵。当川剧变脸艺术借由无人机闪耀在重庆的夜空，当故宫"数字多宝阁"利用高精度三维数据 展示文物的细节和全貌，古老的文化与现代的技术相遇，让"中国式浪漫"有了不可比拟的穿透力与感染力。 目前我国240小时过境免签政策适用国家已扩展至55国、适用入境口岸增加至65个。政策实施一年多以来，全国各口岸入境外国人4060万人次，同比增长 27.2%。"来之前中国是个谜，来之后成了中国迷"，持续火热的"中国游""中国购"，让"酷中国"在全球范围内收获越来越多情感共鸣与价值认同。进而言 之，"酷"不止于外在，也代表着一种"向心力"——中国的创新和发展，愈加强烈地吸引世界各国人民看向中国、阅读中国、理解中国、走近中国。 "这是一个充满活力和创新精神的社会。"有外媒记者在中国旅行一个月后如此感叹。一个越来越酷的中国，成为中国理念、中国方案广受欢迎的缩影， 成为中国式现代化道路越走越宽广的注脚。 "酷"不是终点，而是新的起跑线。面向未来，矢志不渝推进高水平科技自立自强，让更多"中国制造"变身"中国创造"、更多"中国产品"铸就"中国品牌"， 推出更多全球共享的科技产品、国际公共 ...

【深度】2026年港股IPO冲刺3000亿，行情分化下投资者如何掘金？ 智通财经记者 | 邹文榕 智通财经编辑 | 宋烨珺 2025年港股IPO的火热，无缝衔接进入2026年。开年不到10天，就有包括壁仞科技、智谱华章和minimax等多家热门公司登陆港股。 Wind数据显示，2025年港股IPO募资规模高达2858.12亿港元，同比激增224.24%，重登全球IPO市场榜首；港交所更是创下一年两度"六锣齐鸣"的罕见纪 录，为市场回暖写下生动注脚。 多家机构预测，2026年，港股IPO也将继续延续强劲增长态势，新股全年募资额有望站上3000亿港元门槛，仅一季度便有数宗百亿港元级项目登陆市场，港 交所也有望继续蝉联全球IPO集资榜首。 一边是一级市场的热火朝天，另一边港股二级市场却暗流涌动，高点之后新股破发频现。资本盛宴之下，谁最获利，投资者又该如何踩准节奏、掘金避险， 成了当下最受关注的话题。 港股IPO冲刺3000个"小目标" 刘丽（化名）有近30年投资履历，早早就一头扎进港股市场淘金。作为圈里资深的风险投资人，聊起去年港股IPO市场的火爆行情，她笑着对智通财经记者 表示："时隔这么多年，香港重新抢回亚洲第 ...

Group 1 - The core viewpoint of the article is that Xiaomi is addressing criticisms regarding its use of small print marketing, stating that it will eliminate this practice to enhance transparency and user experience [1] - Xiaomi acknowledges that the previous focus on legal compliance led to neglecting customer perceptions, and it aims to rectify this by using larger fonts for important information [1] - The company expresses gratitude for customer feedback and emphasizes its commitment to listening and making necessary changes [1]

智通财经记者 | 邹文榕 Wind数据显示，2025年港股IPO募资规模高达2858.12亿港元，同比激增224.24%，重登全球IPO市场榜首；港交所更是创下一年两度"六锣齐鸣"的罕见纪 录，为市场回暖写下生动注脚。 多家机构预测，2026年，港股IPO也将继续延续强劲增长态势，新股全年募资额有望站上3000亿港元门槛，仅一季度便有数宗百亿港元级项目登陆市场，港 交所也有望继续蝉联全球IPO集资榜首。 一边是一级市场的热火朝天，另一边港股二级市场却暗流涌动，高点之后新股破发频现。资本盛宴之下，谁最获利，投资者又该如何踩准节奏、掘金避险， 成了当下最受关注的话题。 港股IPO冲刺3000个"小目标" | | | | 3 II | | --- | --- | --- | --- | | . | 0 | | | | e | | | | | つ | | 300 11 | 1 | | 7 | | | | LED l 刘丽（化名）有近30年投资履历，早早就一头扎进港股市场淘金。作为圈里资深的风险投资人，聊起去年港股IPO市场的火爆行情，她笑着对智通财经记者 表示："时隔这么多年，香港重新抢回亚洲第一的门面，其实也是情势 ...

Group 1 - Xiaopeng Motors plans to achieve mass production of humanoid robots in 2026, alongside launching Robotaxi and flying cars [1][3] - The company showcased its latest generation humanoid robot, IRON, at a previous event, which sparked skepticism about its authenticity [3] - The 2026 global product launch introduced several new electric and range-extended models, including the P7+ and G7, featuring advanced battery technology and AI integration [3][5][6][7] Group 2 - Xiaomi awarded its self-developed chip "Xuanjie O1" the highest honor at the 2025 Xiaomi "Ten Million Technology Award" for its innovative design and performance [12] - The company aims to integrate self-developed chips, operating systems, and AI models in a single terminal by 2026, while also pushing forward its robotics business [12] - Xiaomi's new products include the Xiaomi 17 Pro series and various innovative technologies recognized at the award ceremony [13] Group 3 - Donut Lab introduced what it claims to be the world's first mass-producible solid-state battery at CES 2026, boasting high energy density and rapid charging capabilities [37][38] - The battery is reported to maintain performance across extreme temperatures and has a long cycle life, although independent verification of its claims is pending [38][43] - The company plans to scale production significantly in the coming year, aiming to capitalize on its technological advancements [43] Group 4 - Alibaba Cloud launched a multimodal interaction development kit, integrating various AI models to enhance hardware interaction capabilities [34] - The kit is designed to support a wide range of hardware platforms and aims to facilitate rapid deployment of AI solutions across different applications [34] Group 5 - The establishment of JD.com's "Chameleon Business Unit" aims to accelerate the commercialization of AI technologies and enhance market responsiveness [53][54] - The unit will focus on developing core AI products and integrating technological resources to improve efficiency [54] Group 6 - Zhizhu Technology, a company focused on AGI, officially listed on the Hong Kong Stock Exchange, emphasizing its commitment to exploring foundational models for general intelligence [56] - The CEO highlighted the importance of maintaining a focus on AGI development amidst the competitive landscape of AI models [56][57]

在数字文明时代，企业应该回到底层逻辑，给价值观系统进行一次重装。 彭剑锋是中国管理学界少见的"实践派"与"思想者"。 他是中国人民大学教授、博导，也是本土头部咨询公司华夏基石管理咨询集团的董事长。他另一个为公众所知的身份是"华为六君子"之一，在上 世纪90年代，他与另外五位学者，辅助华为创始人任正非起草了《华为基本法》。 对谈中，你会感受到他从不满足于提供"速效药"，而是执着于探寻企业生命力持续的底层密码。当多数人仍在工业文明的思维惯性中打转时，他 早已将目光投向数字文明的"新大陆"，试图为中国企业描绘一幅全新的生存与发展地图。 在他看来，在这个从"速度规模"走向"质量效益"的深度转型时代，企业最致命的困境并非资源或技术，而是"认知滞后"。真正的突围，始于思维 系统的重装。 以下为核心要点： 1.现在中国经济正处在实质性转型升级的阶段，过去运行的那套"软件"，还是工业文明时代的版本，它已经无法兼容数字文明这个全新的"硬件环 境"了。 2.未来的竞争是生态对生态，你必须有利他思维，才能构建起自己的生态圈。利他的本质最终是利己，这是一种更高维度的商业智慧，也是对人 类命运共同体理念的商业实践。 3.投入AI需要决 ...

2026年刚开年，小米汽车就坐上了"过山车"！一边是雷军高调宣布，去年卖了41万辆车，还首次单季盈 利7个亿；另一边，资本市场和舆论场却给了它一记闷棍——股价连跌，市值跌破万亿，一场因市场部 投放引发的公关海啸，更让核心米粉怒了！ 起因是小米市场部竟然给一位长期在网上攻击、贬低小米用户的争议博主做了商业投放。米粉们瞬间炸 锅，认为这触碰了底线。压力之下，小米反应神速：连夜道歉，开除涉事员工，两名相关高管被扣除全 年奖金。雷军也亲自出面定调：可以接受批评，但绝不容忍攻击用户。 这事表面看是次投放失误，深层却暴露了小米在狂奔中的巨大焦虑。为了应对无休止的负面舆论和流量 压力，团队动作变形，反而亲手把"刀子"递给了对手。小米的"人设"，光靠粉丝用爱发电可不行，得自 己每一步都走得扎实。 （海报新闻综合新黄河 编辑 黄晓荣 潘雯 张光 张坤） 转自：海报新闻 ...

贾浩楠 发自 副驾寺 智能车参考 | 公众号 AI4Auto 被李书福语重心长托付"未来全在你们身上"的AI天才印奇，交卷了： CES 2026，印奇和他治下的千里，刚刚在吉利汽车主场发布了最新辅助驾驶品牌——G-ASD： 叫辅助，但能力覆盖从L2到L4，背后一套大模型体系打通，各种标准、非标场景自由穿行： G就是吉利，ADS里的A就是千里。 但不是之前为外界熟知的千里科技，而是一个全新的公司实体千里智驾。 而这种不同的实体，也藏着力帆、吉利系、千里的自动驾驶版图： 一个业务从L2量产智能辅助驾驶，到Robotaxi再到具身智能的复杂庞大业务版图。 印奇主导、李书福全力支持，对标的就是马斯克的FSD。 G-ASD首秀了什么样的能力 G-ASD全称Geely Afari Smart Driving，其中，"G"代表吉利，"ASD"代表千里智驾。 当时印奇也上台演讲完成了车圈首秀，但G-ASD的内核已经从当时对标比亚迪"全民智驾"的产品方案，变成了吉利把握AI生产力革命浪潮、穿越周期最重 要的途径工具。 首先，是最最基础的智能辅助驾驶体验。 千里科技的技术路线选择，不纠结是纯视觉方案还是激光雷达，印奇认为这种浅表 ...

Core Insights - The report indicates that the market is experiencing a healthy upward trend, with indices rising and a rotation among sectors, particularly in cyclical stocks like chemicals and non-ferrous metals, alongside technology growth [3][5] - The strategy emphasizes a focus on mid-cap blue chips in cyclical and manufacturing sectors, particularly in non-ferrous metals, chemicals, smart vehicles, and robotics [3][5] - The report highlights the potential for the rare earth sector to see a dual boost in profitability and valuation, drawing parallels to the 2010 scenario where export controls led to significant price increases [4][5] Market Strategy - The current market structure supports a strategy of light index weight and heavy structural focus, with a recommendation to invest in mid-cap blue chips and technology growth [3][5] - The report mentions specific ETFs related to mid-cap blue chips and sectors such as chemicals and non-ferrous metals, indicating a diversified investment approach [3][5] Industry Strategy - The rare earth sector is expected to benefit from supply constraints and increased demand due to export controls, with projections for price increases similar to those seen in 2010 [4][5] - The report notes that recent announcements regarding export controls may stimulate inventory accumulation in overseas markets, further supporting price stability [4][5] - The solid-state battery industry is highlighted as a key area of focus, with advancements in technology signaling a critical phase for commercialization [5]