↑点击上面图片 加雪球核心交流群 ↑ 今天A股高开高走！截至收盘，沪指涨0.69%，深成指涨1.47%，创业板指涨2.23%。 沪深两市成交额1.86万亿，较上一个交易日放量1360亿。盘面上，市场热点快速轮动，全市场超2900只个股上涨，其中有105只个股涨停。海南 自贸区、贵金属、算力硬件等板块涨幅居前，医药商业、影视院线、教育、银行等板块跌幅居前。一起来看今天热点。 01 贵金属狂飙， 黄金、白银齐创新高！ 在降息预期和地缘政治紧张局势的双重推动下，贵金属集体强势， 现货黄金继续攀升，站上4400美元，刷新历史新高水平，伦敦白银现货站上69 美元，年内暴涨近140%，创下历史新高， 广期所钯期货主力合约涨停，日内涨7.00%，再创上市以来新高，为上市以来第三次涨停。 A股贵金属板块活跃，湖南白银、晓程科技涨超7%，西部黄金、中金黄金、山东黄金、四川黄金、赤峰黄金、招金黄金、湖南黄金等跟涨。 | | | 贵金属 | | | | --- | --- | --- | --- | --- | | | | 2944.78 (+118.25 +4.18%) | | | | 讨论 | 板块分析 | 成分股 | 相关E ...

优步于当地时间周一宣布，2026 年上半年将在伦敦启动一项使用百度 Apollo Go RT6 自动驾驶出租车的 试点项目，预计明年年底前可在该市正式投入服务。 【#百度Uber在英国测试无人驾驶网约车#，明年年底前提供服务】Uber表示，将与百度公司合作，在英 国开展无人驾驶网约车试点项目。此前，美国自动驾驶技术公司 Waymo 已于本月在伦敦启动了相关测 试。 ...

人工智能AIETF（515070）跟踪CS人工智能主题指数（930713），成分股选取为人工智能提供技术、 基础资源以及应用端个股，聚集人工智能产业链上中游，俗称"机器人"大脑"缔造者"，万物互联"地 基"。前十大权重股包括中际旭创、新易盛、寒武纪-U、中科曙光、科大讯飞、豪威集团、海康威视、 澜起科技、金山办公、紫光股份等国内科技龙头。 A股科技赛道午后延续强势，CPO、无人驾驶、人工智能、人形机器人、存储板块全线上涨，沪市规模 最大的人工智能AIETF（515070）盘中涨2.08%，其持仓股新易盛、中际旭创涨幅均超6%，北京君正、 浪潮信息、芯原股份等股涨幅居前。 消息方面，据南方财经报道，深圳功能型无人车投放总量已达 1218 台（其中包含无人物流车 825 台），车辆数在全国一线城市中位列第一，累计开放运行线路 1594 条、总里程达 5534 公里。今年以 来，深圳等地颁发 L4 级自动驾驶微型货车测试牌照，标志着自动驾驶货运服务进入多场景、规模化发 展阶段。报道还提到，我国拥有全球最大的自动配送市场。截至 2025 年上半年，全国已有 103 个城市 开放无人配送车辆路权，全国无人配送车保有量突 ...

Market Overview - On December 22, 2025, the market closed higher with a trading volume of 1.75 trillion, an increase of approximately 70 billion from the previous trading day[1] - The majority of industries saw gains, particularly commerce, light industry, environmental protection, and social services, while a few sectors like banking, coal, and electronics experienced slight declines[1] - The Shanghai Composite Index showed a three-day upward trend, indicating some technical recovery, although the Sci-Tech Innovation Board remains in a weaker technical state[1] Industry Trends - Recently active sectors such as cyclical and consumer industries have shown increased activity, contrasting with the historically dominant technology sector[1] - The commercial aerospace sector remains strong but has shown signs of slowing momentum, with notable stock differentiation within the sector[1] - Valuations in the non-ferrous metals and insurance sectors are worth further attention, while the autonomous driving sector has seen a recent accumulation of events[1] Fund Flow - On December 19, the net inflow for the Shanghai Stock Exchange was 24.489 billion, while the Shenzhen Stock Exchange saw a net outflow of 8.336 billion[4] - The top three sectors for net inflow were automotive parts, general equipment, and general retail, while the semiconductor and electronic components sectors faced the largest outflows[4] Economic Indicators - From January to November 2025, the national online retail sales increased by 9.1%, with smart wearables and smart robots growing by 22.1% and 19.4%, respectively[11] - The national railway transported 3.727 billion tons of goods from January to November, reflecting a year-on-year growth of 2.7%[12] Investment Activity - In December, the stock private equity positions reached a new high for the year, with the stock private equity position index rising to 83.59%, marking a 0.61 percentage point increase from the previous week[13] - Public fund institutions participated in 85 individual stock placements this year, with a total allocation exceeding 34.088 billion, a 14.24% increase from the same period last year[15]

Core Viewpoint - A widespread power outage in San Francisco disrupted public transportation and halted Waymo's autonomous taxi services, highlighting vulnerabilities in urban infrastructure and the challenges faced by autonomous vehicle companies during such events [1][2]. Group 1: Incident Overview - The power outage caused significant chaos in San Francisco, leading to traffic signal failures and public transport interruptions [1][2]. - Videos circulated on social media showing multiple Waymo autonomous taxis stranded at an intersection, contributing to road congestion [2]. Group 2: Company Responses - Waymo's spokesperson confirmed that services in the area have resumed and emphasized the company's commitment to adapting its technology to manage traffic flow during similar incidents [2]. - Elon Musk, CEO of Tesla, used the outage to promote Tesla's Robotaxi, stating that it was unaffected by the power failure, positioning Tesla as a more resilient option in the autonomous vehicle market [2]. Group 3: Competitive Landscape - Waymo and Tesla are direct competitors in the autonomous ride-hailing market, each employing different technological approaches to achieve their goals [2].

Core Insights - The "Moli Fudi" functional unmanned vehicle exhibition race took place in Shenzhen, showcasing advancements in autonomous driving technology, particularly by Youjia Innovation's "Xiaozhu" unmanned vehicle, which won the "Best Technical Innovation Award" for its L4 level autonomous driving capabilities and comprehensive operational ability [1][3]. Group 1: Event Overview - The exhibition race gathered over ten teams of functional unmanned vehicle companies, most of which have obtained road testing or application pilot licenses in Shenzhen, demonstrating their products in real-world scenarios [3]. - The competition was held in a realistic urban environment, featuring six core assessment subjects such as traffic light recognition, dynamic obstacle avoidance, and automatic unloading, which tested the vehicles' technical maturity under complex conditions [3]. Group 2: Technical Achievements - Xiaozhu unmanned vehicle exhibited excellent perception and decision-making stability, equipped with Youjia Innovation's self-developed software algorithms, three LiDAR sensors, and eleven cameras to accurately capture complex road conditions [3]. - The vehicle's technology integrates passenger vehicle production experience and employs advanced techniques like multi-sensor fusion and end-to-end large models, enhancing its adaptability and decision-making capabilities in urban environments [3]. Group 3: Market Integration - Following the event, Youjia Innovation signed agreements with ten districts in Futian, aiming to integrate Xiaozhu unmanned vehicles into community last-mile delivery, commercial streets, and industrial parks, promoting the transition to intelligent logistics [5]. - Xiaozhu unmanned vehicles are set to begin regular trial operations in key areas of Futian, alongside ongoing support for technology iteration and model validation in real scenarios [5]. - The vehicle has already been applied in complex environments, securing multiple bulk cooperation orders, including 500 units from Master and 800 units from Binghuo Di [5].

Core Viewpoint - Pony.ai has achieved single-vehicle profitability in Guangzhou with its seventh-generation Robotaxi, indicating a significant milestone in its commercial operations and scaling plans [2] Group 1: Financial Performance - The company reported an average daily revenue of 299 yuan per vehicle [2] - The stock price increased by 9.46% to 126.10 HKD, with a trading volume of 60.61 million HKD [2] Group 2: Operational Expansion - By the end of 2025, the fleet size is expected to exceed 1,000 vehicles, with a target of expanding to 3,000 vehicles by 2026 [2] - The long-term goal is to achieve an operational scale of 100,000 vehicles by 2030 [2] Group 3: Technological Advancements - The profitability in Guangzhou is supported by technological breakthroughs and cost optimizations in the seventh-generation Robotaxi [2] - The cost of the autonomous driving kit has decreased by over 70% compared to the previous generation [2] - The seventh-generation models are produced in collaboration with major manufacturers such as GAC, BAIC, and GAC Toyota, ensuring cross-model compatibility of technology solutions [2] Group 4: Business Model - Pony.ai has officially launched a light-asset cooperation model to accelerate the commercialization of autonomous driving [2] - The company is transitioning from "technology validation" to "scale profitability" through partnerships with global collaborators [2]

文 | 山自 2025年12月20日，旧金山遭遇一场罕见的大规模停电。太平洋煤气与电力公司（PG&E）一座变电站突 发火灾，导致全市约12.5万用户断电，覆盖西区、里士满、海特-阿什伯里、中国城等近三分之一区 域。交通信号灯集体熄灭，Muni公交停运，市长丹尼尔·卢瑞紧急呼吁市民非必要不出行。 2025年12月20日下午4:50的PG&E停电图 然而，在这场城市应急事件中，最引人注目的并非人类司机的混乱应对，而是——Waymo自动驾驶车 队的集体"宕机"。 有分析指出，伴随停电的蜂窝网络波动或实时交通数据中断，可能是另一重打击。Waymo等公司依赖 远程协助（Tele-assist）处理边缘场景。一旦通信中断，车辆不仅"看不见"，还成了"信息孤岛"，无法获 取后台指令或路径重规划。 社交媒体上，视频疯传：多辆白色Waymo车辆在漆黑潮湿的十字路口一动不动，红色尾灯在夜色中闪 烁，后方排起长龙，人类司机或鸣笛催促，或无奈绕行。有用户调侃："停电摧毁了Waymos RIP。"更 有观察者尖锐指出："看起来它们根本没接受过停电训练。" 停电期间，一辆Waymo被困在路上 次日，Waymo官方承认已暂停旧金山服务，并 ...

Core Viewpoint - Uber is partnering with Baidu to test autonomous ride-hailing services in London, aiming to launch the pilot project in the first half of 2026 and provide the service by the end of 2026 [1] Group 1: Company Developments - Uber will utilize Baidu's Apollo RT6 autonomous vehicles for the London pilot [1] - The company has shifted its strategy since 2020, moving away from developing its own autonomous driving technology to collaborating with various autonomous taxi companies [1] - Uber's CEO Dara Khosrowshahi stated that the company plans to offer autonomous services in over 10 markets by the end of next year [1] Group 2: Industry Trends - The global rollout of autonomous taxis is accelerating, with companies like Baidu, WeRide, and Waymo leading the charge [1] - Baidu is currently testing its autonomous services in Abu Dhabi, Dubai, and Switzerland [1] - Uber and WeRide have already launched autonomous services in Abu Dhabi and are looking to expand into the Middle East [1]

Core Insights - Pony.ai-W (02026) has seen a stock increase of over 10%, currently trading at 125.1 HKD with a transaction volume of 53.67 million HKD [1] Group 1: Financial Performance - The company has achieved single-vehicle profitability (UE positive) in Guangzhou, generating an average daily revenue of 299 RMB per vehicle [1] - The fleet size is projected to exceed 1,000 vehicles by the end of 2025, with a target of expanding to 3,000 vehicles by 2026, and a long-term goal of reaching an operational scale of 100,000 vehicles by 2030 [1] Group 2: Technological Advancements - The profitability in Guangzhou is supported by technological breakthroughs and cost optimizations in the seventh-generation Robotaxi [1] - The seventh-generation model, set to be unveiled at the 2025 Shanghai Auto Show, has reduced the cost of the autonomous driving suite by over 70% compared to the previous generation [1] - The company has established deep collaborations with major manufacturers such as GAC, BAIC, and GAC Toyota to achieve cross-model adaptability of technical solutions [1] Group 3: Strategic Initiatives - Pony.ai has officially launched a light-asset cooperation model to accelerate the commercialization of autonomous driving in partnership with global collaborators [1] - The transition from "technology validation" to "scale profitability" marks a critical leap for the company [1] - Three models of the seventh-generation vehicle have already been produced, with a third model expected to roll off the production line between late 2025 and early 2026, all sharing a unified autonomous driving suite [1]