春节假期，国内汽车消费与出行市场迎来双重爆发。北京商报记者实地走访各大汽车品牌销售门店发 现，随着新一轮国补开启，线下咨询、试驾的消费者络绎不绝，目前汽车市场已形成"国补+区域补贴 +厂促"的多重让利体系，激活了春节购车需求。与此同时，新能源租车订单量暴涨，占比首次突破四 成。随着补能网络的完善，在冰雪景观目的地中，新能源车型的身影也逐步显现。 业内人士指出，2026年汽车市场将步入总量稳增、结构优化的高质量发展阶段，新能源汽车将成为绝对 增长引擎。同时，技术标准升级将倒逼落后产能出清，推动行业向技术领先型企业集中。 多重政策拉动，购车热度升温 "我一个人每天就要接待七八位到店咨询的消费者，春节假期的咨询量比平时大很多。"北京合生汇乐道 汽车门店销售人员向北京商报记者表示，在国家补贴、区域补贴以及厂家补贴等优惠助力下，春节期间 门店整体客流量有明显攀升。 目前，新一轮汽车以旧换新补贴申请窗口已经开通，开票价超过18.8万元的车型可以享受1.5万元的置换 补贴。今年春节前夕，国家层面汽车消费支持政策全面落地。商务部等8部门联合印发《2026年汽车以 旧换新补贴实施细则》，自1月1日起正式执行，报废旧车购买新能源 ...

美国总统一特朗普在华盛顿举行记者会，此前最高法院驳回了他针对美国几乎所有贸易伙伴的关税政 策。 美国总统特朗普表示，在美国最高法院驳回其经济政策的核心支柱后，他将把新推出的针对所有国家进 口商品的全球关税税率，从一天前宣布的10%上调至15%。 特朗普在社交媒体上宣布了这一突发变动，并补充称，在"未来数月内"，其政府将考虑推出其他"法律 允许"的关税政策。 此前，美国最高法院驳回了特朗普针对美国几乎所有贸易伙伴实施的所谓对等关税，以及他对来自中 国、加拿大和墨西哥的商品征收的芬太尼相关关税。 法院裁定，特朗普去年动用一项70年代的紧急法律征收这些关税时，超越了总统职权范围。 数小时后，特朗普在记者会上对这一裁决作出强烈回应，宣布根据一项美国总统一从未用于实施贸易限 制的新法律框架，推出新的全面关税。 这项原定生效的10%关税基于1974年《贸易法》第122条制定。该条款规定，若存在"重大且严重"的贸 易逆差，总统可实施进口限制，包括最高15%的关税。此类措施有效期仅为150天，除非国会批准延 长。 特朗普并未说明计划何时将税率上调至法定上限。 在最高法院宣布特朗普的全面关税无效之前，来自日本及其他许多国家的进 ...

Group 1: Stock Recommendations - 吉利汽车 (Geely Auto) has a market cap of $23.4 billion, with a target price of $25.00, indicating an upside potential of 48%[5] - 正力新能 (Zhengli New Energy) has a market cap of $2.8 billion, with a target price of $18.00, indicating an upside potential of 113%[5] - 极兔速递 (Jitu Express) has a market cap of $12.2 billion, with a target price of $13.40, indicating an upside potential of 25%[5] - 三一国际 (Sany International) has a market cap of $6.2 billion, with a target price of $20.60, indicating an upside potential of 37%[5] - 瑞幸咖啡 (Luckin Coffee) has a market cap of $11.0 billion, with a target price of $54.68, indicating an upside potential of 41%[5] Group 2: Performance Overview - The basket of 26 long positions had an average return of -2.3%, outperforming the MSCI China Index, which returned -2.4% by 0.1 percentage points[10] - Out of the 26 stocks, 11 had returns exceeding the benchmark[10] - The report includes a new addition of Datadog (DDOG US) to the buy list, while Salesforce (CRM US) has been removed[7]

每经记者｜郑雨航 每经编辑｜何小桃 兰素英 ①【美国关税政策不确定性笼罩市场，三大期指走低】道指期货跌0.29%、标普500指数期货跌0.30%、纳指期货跌0.33%。 消息面上，美国最高法院2月20日裁决美国政府征收大规模关税政策"越权"后，美总统特朗普立即祭出新的行政令，宣布自2026年2月24日起，对来自所有 国家和地区的商品加征10%的进口关税。21日，特朗普又宣布，把这项新征收的"全球进口关税"税率由10%提升至15%。贸易政策缺乏明确性可能导致全 球前景蒙上阴影，并使各市场波动性维持高位。 ②【热门中概股普涨】中概股盘前普涨。拼多多、蔚来汽车涨近2%，京东、阿里巴巴涨超1%，百度涨超0.5%。 ③【加密货币概念股走低】比特币日内一度跌破6.5万美元，加密货币概念股盘前走低。Strategy、MARA Holdings、Terawulf跌超2%，Coinbase Global跌 近2%。 ④【芯片半导体股走低】芯片半导体板块盘前走低。台积电、阿斯麦跌超1%，美光科技跌近1%，英伟达微跌。 记者|郑雨航 编辑|何小桃 兰素英 杜恒峰 校对|魏文艺 ⑥【加州州长：美国总统正摧毁美国经济】据央视新闻，在当 ...

Group 1 - Germany's Chancellor Merz is seeking to strengthen economic ties with China amid rising tensions with the U.S. and new tariffs imposed by Trump, indicating a shift in Germany's foreign policy focus [1][3] - The upcoming visit to China from February 24 to 26 includes a business delegation from major companies like BMW and Siemens, aiming to establish a strategic partnership and ensure fair competition for German businesses in China [3][4] - Germany's economic growth is projected to be only 1.2% in 2025, highlighting the country's reliance on the Chinese market, especially as exports to the U.S. have declined by 5% due to tariffs [3][4] Group 2 - The trade relationship between Germany and China is significant, with projected trade volume reaching €254 billion by 2025, where China exports machinery and automobiles to Germany, while Germany exports chemicals and auto parts [3][4] - Merz's approach reflects a pragmatic strategy to reduce dependency on the U.S. supply chain while recognizing the necessity of maintaining strong ties with China for economic stability [4][8] - The political landscape in Germany is also shifting, with rumors of former Chancellor Merkel potentially returning to politics, which may impact Merz's leadership and the current government's reform efforts [6][8]

2月23日，三大指数高开高走集体大涨。截至收盘，恒指涨2.53%，国指涨2.65%，恒生科技指数涨 3.34%。 科网股普涨，美团涨超5%，阿里巴巴、小米涨超3%，腾讯、京东涨超2%。半导体（核心股）、AI芯 片（核心股）股走强，英诺赛科、壁仞科技涨超9%，华虹半导体、中芯国际涨逾4%。光通讯概念走 强。长飞光纤光缆涨14%，剑桥科技涨超5%。 责任编辑：安东 AI大模型、机器人（核心股）板块回落，智谱大跌超22%，海致科技集团跌超21%，MINIMAX-WP跌 超13%，优必选跌超2%。消费股表现弱势，免税龙头中国中免跌超8%，蜜雪集团跌超1%。 恒生指数成分股中83只上涨，5只下跌，其中紫金矿业涨5.4%；美团-W涨5.3%，股价触底反弹，机构称 AI投资有望进入产业趋势下半场，科网股全线回暖；中芯国际涨5.0%。跌幅方面，蒙牛乳业跌1.9%， 美的集团跌0.7%。恒生科技指数成分股中29只上涨，1只下跌，其中蔚来-SW涨5.6%；华虹半导体（核 心股）涨4.5%，机构认为公司新12英寸晶圆厂Fab9A将于今年达到最高产能。 锂电概念股涨幅扩大，瑞银大幅上调国内锂价预测，市场进入第三次锂价超级周期，电动汽 ...

Market Overview - The Hong Kong stock market indices collectively rose, with the Hang Seng Index increasing by 2.53%, the Hang Seng China Enterprises Index by 2.65%, and the Hang Seng Tech Index by 3.34% [1][2]. Technology Sector - Major technology stocks saw significant gains, with Meituan rising over 5%, and JD.com, Alibaba, Xiaomi, Baidu, Kuaishou, and Tencent all increasing by over 3% [2][3]. - The optical communication sector led the gains, with Yangtze Optical Fibre and Cable rising over 14% [5]. Gold and Precious Metals - The gold and precious metals sector strengthened, with Tongguan Gold increasing over 12% and other companies like Zijin Mining and China Gold International also seeing gains [6][7]. Lithium Battery Sector - The lithium battery sector was active, with Ganfeng Lithium rising over 8%, and other companies like BYD and CATL also experiencing increases [8][9]. - UBS raised its lithium price forecast, citing growing demand from electric vehicles and energy storage [9]. Automotive Sector - The automotive sector saw notable increases, with companies like NIO, BYD, and Li Auto all rising [10][11]. - The China Passenger Car Association noted that the automotive industry is progressing towards a target of 20 million overseas sales, which could enhance China's global automotive position [11]. Insurance Sector - The insurance sector was active, with China People's Insurance Group rising nearly 4%, and other major insurers also seeing gains [12][13]. - According to a report, the insurance industry's investment balance is expected to continue growing rapidly, with a significant increase in stock investments anticipated by 2026 [13]. Robotics Sector - The robotics sector showed strong performance, with Wolong Materials rising over 8%, and other companies like SMIC and AAC Technologies also increasing [14][15]. - The Spring Festival Gala's robot performances are expected to boost public interest and confidence in the robotics industry [15]. Agricultural Sector - The agricultural sector faced declines, with Hualian International dropping nearly 8% and other companies following suit [16][17]. Individual Stock Highlight - InnoCare Technologies rose by 10.06%, reaching a market capitalization of HKD 620.44 million, following its announcement of a significant design integration with Google's AI hardware platform [18][22].

芬兰的年轻人排队乘坐宇通客车提供的公交车，丹麦本地人开着比亚迪在街头驶过，背包客在挪威峡湾风光中用着大疆无人机，瑞典人从巨大的极星广告牌 下走过。 这个春节，新京报贝壳财经记者到北欧旅行过年，从公交车到私家车，从重工业到休闲潮玩，不少"中国智造"元素正融入北欧人的日常生活。 事实上，"中国智造"在海外已从单纯的品牌收购，升级为在全球范围内重组品牌、技术和市场资源。 "充一次电能跑200公里，安静得很" 芬兰赫尔辛基，当地时间清晨8时，新京报贝壳财经记者登上一辆公交车。在蓝色读卡器上选择乘坐区域后，把信用卡往读卡器一贴——"嘀"，车门关闭， 车辆开始运行。 车厢里安静得出奇，公交车无声地滑过赫尔辛基的街头。不经意间抬头看向车窗玻璃，发现角落处印着一个菱形标志以及一串方块汉字：宇通客车。 芬兰人每天乘坐的这辆公交车，来自中国郑州宇通。原来，在2021年，芬兰最大的交通运输公司Pohjolan Liikenne一口气采购了33辆宇通纯电动和燃油公交 车，全部投放在赫尔辛基地区，如今已陆续扩充至400辆。这些白蓝相间的巴士融入城市的毛细血管，载着无数北欧人，穿过清晨、黄昏和风雪。 一辆比亚迪从丹麦街头驶过。新京报贝壳 ...

人民财讯2月23日电，港股收盘，恒生指数收涨2.53%，恒生科技指数涨3.34%。黄金股涨幅居前，赤峰 黄金涨近8%，紫金黄金国际涨超6%。科技股、汽车股上涨，美团、蔚来涨超5%。大模型股下跌，智谱 跌超22%，MINIMAX跌超13%。 转自：证券时报 ...

Trade Relations and Tariffs - The US trade representative confirmed that existing trade agreements with the EU will remain in place despite the Supreme Court ruling, emphasizing that tariffs will continue regardless of the litigation outcome [1][2] - The European Commission has urged the US for clarity on future tariff policies, stating that the EU expects the US to honor its commitments and will not accept any increases in tariffs beyond previously agreed levels [3] - European Parliament lawmakers are considering pausing legislative work until clear commitments from the US are secured, highlighting the need for clarity in trade relationships [4] Industry Reactions - The German industry has expressed a mixed reaction, acknowledging the political checks and balances in the US while also noting that uncertainty could hinder investment and supply chain decisions [6][7] - The automotive and chemical industries in Germany are facing unchanged sectoral tariffs of 15%, which are not affected by the recent court ruling [8] - The French trade minister has suggested that the EU should adopt a united approach against the US's new tariffs, indicating a potential for retaliatory measures [10] Market Impact - Following the Supreme Court ruling, the French stock market index, CAC 40, reached a record high, driven by gains in luxury stocks, which are significantly exposed to exports [11][12] - Key export sectors for France, such as aerospace, currently remain unaffected by tariff changes, maintaining a 0% tariff exemption [12] - The French government is focused on adapting to the ruling's consequences while emphasizing the importance of maintaining fair trade rules and reciprocity [13][14]