有业内人士认为，减持金额较大，且持续时间长达四年，对公司会有持续影响。但因为一年后开始执 行，所以短期内对市场直接冲击相对有限。 12月29日小米集团开盘一度跌3%，随后回升。 公开资料显示，此前他已通过三次减持累计套现接近90亿港元：2019年8月21日至23日，林斌连续三日 合计卖出4130.7万股，套现约3.7亿港元，卖出均价大约为9港元；2020年9月林斌减持3.5亿股，套现约 80亿港元；2024年6月，林斌再次减持1000万股，套现约1.8亿港元。 2025年11月24日，小米集团公告称，创始人、董事长兼CEO雷军个人斥资约1亿港元增持260万股，平均 股价约38.58港元，增持后其持股比例升至23.26%。 光大证券国际策略师伍礼贤向第一财经记者表示，林斌减持计划公布后，小米股价当日出现波动，但由 于减持起始时间为2026年12月，短期实际影响有限，更多体现在市场预期层面，此次事件对小米股价的 影响偏向短期，香港上市的科技股整体表现与大盘关联度较高，整体后续走势仍需关注宏观环境变化。 小米集团（01810.HK）两位高管对自家股票呈现了相反的操作——董事长雷军一度增持1亿港元小米， 副董事长林斌 ...

大成中证360互联网+指数A（002236）成立日期2016年2月3日，最新规模7.88亿。今年以来收益 39.84%，同类排名1127/4197；近一年收益35.01%，同类排名1172/4180；成立以来收益229.81%。 大成中证360互联网+指数A（002236）基金经理为夏高。 12月29日，英力股份涨5.26%，截至发稿，报17.40元/股，成交5653.57万元，换手率1.60%，总市值 37.48亿元。英力股份股价已经连续3天上涨，区间累计涨幅2.99%。 资料显示，安徽英力电子科技股份有限公司位于安徽省六安市舒城县杭埠经济开发区，成立日期2015年 4月14日，上市日期2021年3月26日，公司主营业务涉及消费电子产品结构件模组及相关精密模具的研 发、设计、生产和销售。主营业务收入构成为：结构件模组82.02%，光伏组件及工程收入11.79%，精 密模具4.26%，电站发电收入1.18%，其他(补充)0.75%。 从英力股份十大流通股东角度 数据显示，大成基金旗下1只基金位居英力股份十大流通股东。大成中证360互联网+指数A（002236） 三季度减持8.27万股，持有股数85.36万股， ...

在全球化深入推进的今天，经济互动已成为各国发展的核心推动力。然而在这片看似繁荣的合作舞台背后，部分国家却暗藏精心布局的投资陷阱。对于中国 企业而言，当前印度市场的环境堪称一场"温水煮青蛙"的巨大迷局。从过往"满血即宰"的直白野蛮手段，到如今步步为营的"凌迟式收割"，印度政府的操作 犹如精明猎手设下的陷阱，兼具耐心与隐蔽性。 第二步：合规施压逐步套牢。当企业在当地完成实质性投资后，印度政府便启动合规施压环节，通过反倾销调查、税务合规审查、经营许可证重新评估等一 系列看似合法的手段，对企业展开持续施压。这些举措模糊了正常监管与刻意打压的边界，让企业陷入困惑与被动。面对已投入的巨额资金，多数企业为维 持项目运转不得不选择妥协让步，一步步掉入预设的陷阱。vivo撤离印度、OPPO遭遇资产冻结、小米因"转移定价"问题多次被冻结资金等案例，均是印方 通过合规名义实施打压的典型体现。 粗暴手段引发外资退潮后，印度政府逐渐调整手法，采用更隐蔽、更细腻的操作模式，这种新形式可精准概括为"凌迟式收割"。与此前"快刀斩乱麻"的野蛮 风格不同，这种技术性、步骤化的施压方式，能让中企在不知不觉中逐步陷入泥潭。具体而言，这一收割过程通常 ...

Core Viewpoint - Honor has launched the WIN series, positioning it as the "annual esports powerhouse," aiming to set new industry standards in performance, battery life, cooling, and display experience while enhancing audio and communication features for an innovative gaming experience [1][3]. Group 1: Product Features - The Honor WIN series includes two versions: Honor WIN and Honor WIN RT, featuring the fifth-generation Snapdragon 8 chip, LPDDR5X, and UFS 4.1, achieving AnTuTu scores exceeding 4.4 million [3]. - The series incorporates the Honor Phantom Engine 3.0, utilizing AI technology for frame prediction and rendering optimization, improving low frame rates by up to 20 FPS for a smoother gaming experience [3]. - The devices are equipped with a 10,000mAh battery, marking a significant advancement in battery capacity within the industry [8]. Group 2: Cooling Technology - The Honor WIN series features the Honor East Wind Turbo cooling system, which includes a dual 360° airflow design and an ultra-compact fan, enhancing cooling efficiency by 30% and reducing chip temperatures by up to 7°C [7]. - The series also employs a 3D butterfly VC cooling system with advanced materials and designs, ensuring sustained high performance without overheating [7]. Group 3: Display and Audio - The devices come with a 185Hz high-refresh-rate esports display, supporting advanced gaming features and a 3500Hz instantaneous touch sampling rate for rapid screen response [11]. - The audio system includes dual 1216 stereo speakers and AI surround bass technology, providing an immersive gaming experience [11]. Group 4: AI and Gaming Ecosystem - The Honor WIN series features a full-link AI gaming manager with functionalities like AI smart updates and AI control enhancements, aimed at improving the overall gaming experience [12]. - Honor has established a strategic partnership with the Delta Action Fire Professional League, making the WIN series the designated mobile device for the league [12]. Group 5: Camera and Design - The series is equipped with a 50MP main camera and a 12MP ultra-wide-angle lens, featuring flagship-level stabilization and advanced zoom capabilities [13]. - The design emphasizes a lightweight and thin profile with premium materials, enhancing user comfort [13].

截至2025年12月29日 10:44，中证消费电子主题指数(931494)强势上涨1.19%，成分股芯原股份(688521) 上涨7.65%，寒武纪(688256)上涨5.30%，东山精密(002384)上涨5.16%，长盈精密(300115)，工业富联 (601138)等个股跟涨。消费电子ETF(561600)上涨1.07%，最新价报1.22元。 消息面上，12月27日至28日，全国财政工作会议在北京召开。会议指出，2026年继续实施更加积极的财 政政策。2026年财政将大力提振消费。深入实施提振消费专项行动，继续安排资金支持消费品以旧换 新，调整优化补贴范围和标准。 流动性方面，消费电子ETF盘中换手2.61%，成交1183.22万元。拉长时间看，截至12月26日，消费电子 ETF近1周日均成交4098.27万元。 数据显示，截至2025年11月28日，中证消费电子主题指数(931494)前十大权重股分别为立讯精密 (002475)、寒武纪(688256)、工业富联(601138)、中芯国际(688981)、京东方A(000725)、澜起科技 (688008)、兆易创新(603986)、豪威集团(603 ...

Core Viewpoint - The consumer electronics industry is undergoing a significant transformation as AI technology shifts from cloud to edge devices, with manufacturers aiming to enhance devices with perception, action, and human-like interaction capabilities [1][3]. Group 1: AI Integration in Consumer Electronics - Honor has been investing in edge AI capabilities for the past five years, evolving from merely executing commands to providing proactive services [3][4]. - The introduction of the ROBOT PHONE represents a physical manifestation of this evolution, integrating AI, robotics, and imaging systems to create a terminal that can autonomously move, track, and interact [3][4]. - The AI-native concept requires a complete redesign of system architecture and interaction logic, raising demands for chip computing power, algorithm efficiency, and ecosystem integration [4]. Group 2: Technological Evolution and Future Prospects - Honor's AI strategy has a clear trajectory, with milestones including the launch of the self-evolving AI system MagicOS 10 by 2025, which will enable the first self-evolving AI-native phone, the Honor Magic8 [4][5]. - The Magic8 has already demonstrated significant AI capabilities, executing over 3,000 scenarios, marking a shift from "people finding services" to "services finding people" [4][5]. - The success of the Magic8 has instilled confidence in Honor to develop more futuristic AI terminals like the ROBOT PHONE, which is seen as a seed for future AI terminal ecosystems [5]. Group 3: Recognition and Systematic Innovation - Honor's innovations have received international recognition, with its "Qinghai Lake Blade Battery" and "Edge AI Face Swap Detection Technology" being included in Time Magazine's 2025 "Best Inventions" list, highlighting the brand's comprehensive innovation across hardware, software, and security systems [7]. - This systematic technological accumulation supports the transition from the Magic8 as an "intelligent partner" to the ROBOT PHONE as a "warm intelligent life form" [7]. Group 4: Expansion into Robotics - The robotics industry is gradually penetrating consumer-level applications, with scenarios like home service and logistics maturing, and manufacturers are entering the space with a focus on "central control + AI empowerment" [8]. - Honor's entry into the robotics sector is strategic, with the CEO announcing advancements in robot speed and capabilities, showcasing the company's commitment to integrating mobile technology with robotics [8][10]. Group 5: Redefining Human-Machine Interaction - The ROBOT PHONE embodies a rethinking of human-machine relationships, potentially transforming from a passive tool to an interactive "silicon partner" that provides emotional feedback [12]. - The device's capabilities, such as automatic focus tracking and interactive nodding, illustrate this emerging concept, indicating a trend where future technological competition may hinge on creating more empathetic and understanding intelligent agents [12]. - The exploration of new forms, interactions, and ecosystems is crucial for competing in the saturated mobile industry, with the ROBOT PHONE poised to address these challenges at the upcoming Mobile World Congress in 2026 [12].

Market Overview - The AI sentiment concerns have eased, leading to an overall increase in electronic technology stocks, with the electronic industry index rising by 4.71% and semiconductors up by 5.07% during the week of December 22-26, 2025 [1] - The consumer electronics sector saw a rise of 3.48%, while optical and optoelectronic stocks increased by 0.94% [1] - In the overseas market, the Christmas rally contributed to a general rise in tech stocks, with the Nasdaq increasing by 1.22% and the Hang Seng Tech index up by 0.37% [1] Industry Updates - The storage market continues to see price increases, with NAND flash wafer prices rising over 10% and SSD prices increasing by 15% to 20% in December [3] - Major storage suppliers like Samsung and SK Hynix have raised HBM3E prices by nearly 20% for 2026 [3] - Semiconductor manufacturers are also adjusting prices, with companies like Beijing Junzheng implementing new pricing for some storage and computing chips [3] Product Launches and Developments - Huawei launched the nova15 series, featuring the Kirin 9010S processor and advanced imaging systems [2] - Samsung introduced the Exynos 2600, the industry's first 2nm process smartphone application processor, claiming a performance improvement of up to 39% [2] - Groq and NVIDIA have signed a non-exclusive licensing agreement for inference technology, indicating ongoing collaboration in computing power [2] Investment Recommendations - The strong performance in the tech market and the acceleration of AI deployments by major companies suggest potential investment opportunities in firms like SMIC, Beijing Junzheng, and Huafeng Technology [4] - The ongoing price increases in storage and wafer production may benefit companies involved in these sectors [4]

| | | 17月64日至17月20日分同版仔33391 | | | | --- | --- | --- | --- | --- | | 证券代码 | 证券名称 | 收盘价(元) | 评级券商数量 | 行化 | | 002600 | 领益智造 | 15.40 | 4 | 消费电子 | | 601088 | 中国神华 | 40.07 | 4 | 煤炭开采 | | 600694 | 大商股份 | 18.39 | 3 | 一般零售 | | 002050 | 三花智控 | 47.30 | 3 | 家电零部件 | | 000858 | 五粮液 | 109.78 | 3 | 白酒 | | 688041 | 海光信息 | 217.60 | 3 | 半导体 | | 000528 | 柳工 | 12.61 | 2 | 工程机械 | | 603766 | 降露通用 | 15.88 | 2 | 摩托车及其他 | | 603505 | 金石资源 | 19.18 | 2 | 化学制品 | | 601168 | 西部矿业 | 27.47 | 2 | 工业金属 | | | | 日期：12月22日至12月28日，南财投研通×南财快讯制图 | ...

Group 1 - The A-share market showed mixed performance on December 29, with the Shanghai Composite Index rising by 0.33%, while sectors such as chemical fiber, power generation equipment, and forestry performed well, while retail and fertilizer sectors lagged behind [1] - The Consumer Electronics ETF (159732) increased by 0.18%, with notable gains from stocks like Chuangxin Data (+3.77%), Dongshan Precision (+2.74%), Baiwei Storage (+2.51%), and Shengbang Technology (+2.38%). However, companies like Xinwanda and Huanxu Electronics saw declines of -11.63% and -2.48%, respectively [1] Group 2 - Lenovo Group plans to launch its first "AI Super Intelligent Agent" during the CES 2026, targeting the global market and positioning it as a strategic product that integrates smartphones, PCs, tablets, and wearable devices, emphasizing cross-device and cross-system intelligent collaboration [3] - According to招商证券, the trend of accelerated innovation in AI at the edge is clear for 2026-2027, with major players like Google, OAI, Meta, Alibaba, ByteDance, Apple, Xiaomi, and Honor focusing on AI terminal entry to create a closed loop of AI computing power, terminals, and applications [3] - The Consumer Electronics ETF (159732) tracks the Guozheng Consumer Electronics Index, primarily investing in 50 A-share listed companies involved in the consumer electronics industry, with significant representation in electronic manufacturing and optical optoelectronics sectors [3]

热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 小米集团盘中转涨，现涨超1%，此前一度跌超3%。 | 01810 小米集团-W | | | | --- | --- | --- | | 39.7201+0.500 +1.27% | | 交易中 12/29 10:30 | | SALES BE C | | ● 快捷交易 | | 最高价 39.740 | 开盘价 38.680 | 成交量 9190.13万 | | 最低价 37.940 | 昨收价 39.220 | 成交额 35.67亿 | | 平均价 38.811 | 市德率TTM 21.40 | 总市值 1.03万亿 (m) | | 振 幅 4.59% | 市盈率(静) 40.49 | 总股本 260.46亿 | | 换手率 0.35% | 市净率 3.558 | 流通值 1.03万亿 | | 52周景高 61.450 | 委 比 -2.29% | 流通股 260.46亿 | | 52周最低 32.200 | 量 比 3.93 | 每 手 200股 | | 历史最高 61.450 | 股息TTM -- | 股息率TTM -- | | 历史最低 ...