1月8日【港股Podcast】恆指、美團、嗶哩嗶哩、舜宇光學、中芯、比亞迪 1、恆指：看多投資者，博取明日小反彈，持有25900收回價的牛證，有看淡投資者表示尾盤熊證過夜，明天跌回25900點。 Simon：大家好呀，那又來和大家回顧一下港股的情況啦。可以看到今天（8日）恆指呢，還是繼續下跌了。是的，今天也一樣，盤中其實曾經跌得比較厲 害，不過好在最後收盤的時候，還能回升一點點，收在了26149點。當然啦，整體還是下跌的，這也沒辦法。我們來看看投資者的看法，能發現有部分投資 者是看好的，他們認為可能還是以搏反彈為主，不過未必能看到明顯的回升。也有一些投資者反過來，繼續持有熊證，就是想搏它明天再跌一點點。 我們先從技術分析來看。目前技術信號的總結還是以"賣出"信號為主，有8個賣出信號，6個買入信號，賣出信號稍微多一些。先給大家一個支持位作為參 考，現在的支持位大概在25600點。所以如果是打算搏反彈的投資者，或許可以參考25600點這個支持位，意思就是儘量選擇一些在25600點以下的產品。不 過有人可能會覺得，25600點距離現在有500點，還是有點擔心，覺得距離近了點。那再往下一個支持位大概在25100點左右 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何 部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 Vala Inc. 本公告由Vala Inc.（「本公司」，連同其附屬公司統稱「本集團」）發佈，旨在向本公司 股東及潛在投資者提供有關本集團業務發展的最新資訊。 全新車型vala home開啟交付 於2025年12月，本集團與重慶瑞馳汽車實業有限公司「瑞馳汽車」聯合設計的國內首 款原廠斜升頂六座新能源智慧宿營車 — vala home，已向首批車主開啟交付。 隨著vala home的成功交付，本集團已實現兩款針對不同客群及不同價格區間的宿 營車產品佈局。本集團正攜手瑞馳汽車著力提升生產產能及交付體系，為vala系列 車型的車主提供更好的產品與服務體驗。 業務資料 於2025年第四季度期間，本集團向訂購客戶批量交付vala汽車90輛。其中包括本集 團的宿營車型vala pro交付60輛，vala home交付30輛。 – 1 – 本集團正著力選擇熱衷vala生活方式、樂於分享的優質vala車主加入vala ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 InnoScience (Suzhou) Technology Holding Co., Ltd. 英 諾 賽 科（ 蘇 州 ）科 技 股 份 有 限 公 司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2577） 自願公告 新一代氮化鎵6.6kW車載充電器(OBC)系統在長安汽車順利裝車 本公告由英諾賽科（蘇州）科技股份有限公司（「本公司」或「英諾賽科」）自願作出。 本公司董事會欣然宣布，於2025年12月8日，採用650V氮化鎵的新一代6.6kW OBC系統在長安汽車順利裝車，該系統實現了業內領先的充電效率和整機功率密 度，為車載電源技術樹立了新標桿。 蘇州匯川聯合動力系統股份有限公司（「聯合動力」，股票代碼：301656）新一代 6.6kW GaN車載二合一電源產品將OBC與車載直流變換器(DC-DC)高度集成，通 過全局效率優化設計，結合英諾賽科650V高壓GaN功率器件的低開關損耗 ...

每日港股評析 港股早晨快訊 2025 年 12 月 3 日星期三 2012-01- 17 市場回顧 中港股市短期展望 恒指短期支持參考 25,000 點關口：聯儲局 10 月再次鷹派減息，2026 年 減息空間少於預期。官員意見分歧，減息路徑未明。中美元首 10 月會面 取得成果，美方取消 10%芬太尼關稅，暫停一年 24%對等關稅。兩國緊 張局勢暫時緩和，核心矛盾延後解決。內地第三季經濟進一步降溫，十五 五規劃提出擴大內需及促進科技自立自強，方向符合預期。但短期政策加 碼訊號欠奉，港股企業盈利難有明顯改善。加上近期美國科技股趨向波動， AI 產業鏈估值惹關注，而港股年內至今累積升幅較大，年底獲利誘因較 大。恒指短期支持參考 25,000 點關口。 短期看好板塊 ➢ 中國11月Rating Dog服務業PMI；美國、歐元區等11月服務業PMI； 宏觀焦點 ➢ 內地傳最少3家稀土磁鐵商獲出口許可證； 人行11月MLF淨投放1,000億元；六大行全面停售5年期大額存單； 豆包AI手機一天沽清，二手溢價高達6500元人民幣； 三星首款三摺機Galaxy Z TriFold亮相，售逾1.9萬港元； OECD上調中美今 ...

本申請版本為草擬本，其內所載資訊並不完整，亦可能會作出重大變動。 閣下閱覽本文件，即代表 閣 下知悉、接納並向阿維塔科技（重慶）股份有限公司（「本公司」，連同其附屬公司為「本集團」）、本公司的 聯席保薦人、整體協調人、顧問或承銷團成員表示同意： 倘在適當時候向香港公眾人士提出要約或邀請，有意投資者務請僅依據於香港公司註冊處處長登記的本公 司招股章程作出投資決定。該文件的文本將於發售期內向公眾人士刊發。 香港聯合交易所有限公司及證券及期貨事務監察委員會對本申請版本的內容概不負責，對其準確性或完整 性亦不發表任何聲明，並明確表示概不就因本申請版本全部或任何部分內容而產生或因依賴該等內容而引 致的任何損失承擔任何責任。 AVATR Technology (Chongqing) Company Limited 阿維塔科技（重慶）股份有限公司 （於中華人民共和國註冊成立的股份有限公司） 的申請版本 警告 本申請版本乃根據香港聯合交易所有限公司（「聯交所」）及證券及期貨事務監察委員會（「證監會」）的要求 而刊發，僅用作提供資訊予香港公眾人士。 (a) 本文件僅向香港公眾人士提供有關本公司的資料，概無任何其他目的。投資者不 ...

港股點評 2025年11月18日9:30 a.m 恒指跌 188 點，滬指跌 18 點，標普 500 跌 61 點 恒指低開 130 點，初段跌幅收窄至 40 點高見 26,531 點，午後跌幅擴大至 320 點 低見 26,252 點。全日跌 188 點或 0.7%，收 26,384 點；國指跌 69 點或 0.74%，收 9,328 點；恒生科技指數跌 55 點或 1%，報 5,756 點。大市全日成交總額 2,176.13 億元。 人民銀行 17 日在公開市場開展 2,830 億元人民幣七天期逆回購操作，操作利率 持平於 1.4%。另有 1,199 億元逆回購到期，單日淨投放 1,631 億元。人民幣兌美 元中間價按日上調 9 點，報 7.0816 兌一美元。A 股三大指數低開 0.05%至 0.5% 後反覆下跌。滬指全日收報 3,972 點，跌 18 點或 0.5%，成交額 8,057 億元；深 證成指全日收報 13,202 點，跌 14 點或 0.1%，成交額逾 1.1 萬億元；創業板指全 日收報 3,105 點，跌 6 點或 0.2%，成交額 4,866 億元。 小鵬汽車(09868.HK) (X ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責，對其 準確性或完整性亦不發表任何聲明，並表明不會就因本公佈全部或任何部份內容而產生 或因倚賴該等內容而引致之任何損失承擔任何責任。 GEELY AUTOMOBILE HOLDINGS LIMITED 175 80175 海外監管公佈 上市附屬公司－ZEEKR INTELLIGENT TECHNOLOGY HOLDING LIMITED 二零二五年第三季度未經審核財務業績公佈 本公佈由吉利汽車控股有限公司（「本公司」）根據香港聯合交易所有限公司證券上市規則 第13.10B條而作出。 ZEEKR Intelligent Technology Holding Limited（「極氪」）為本公司之非全資附屬公司，其 股份以美國存託股票形式於美國紐約證券交易所上市，已於二零二五年十一月十七日向 美國證券交易委員會遞交表格6-K，內容有關極氪截至二零二五年第三季度之未經審核財 務業績（「二零二五年第三季度業績」）。詳情請參閱隨附之二零二五年第三季度業績。 本公佈以英文發佈，並備有中文譯本。如中英文版本內容有任何歧義或不一致，概以英 文版本為準。 承董 ...

Market Performance - Hang Seng Index (HSI) rose by 47 points or 0.18%, closing at 26,696 points[1] - Shanghai Composite Index (SSE) fell by 15 points or 0.4%, closing at 4,002 points[1] - Total market turnover in Hong Kong was 210.23 billion HKD[1] Economic Indicators - People's Bank of China conducted a 403.8 billion CNY reverse repurchase operation at a rate of 1.4%[1] - The net injection for the day was 286.3 billion CNY after 117.5 billion CNY of reverse repos matured[1] - The RMB/USD central parity rate was adjusted down by 10 pips to 7.0866[1] Sector Performance - The Hang Seng Tech Index increased by 8 points or 0.15%, closing at 5,924 points[1] - A-share indices showed mixed results, with the ChiNext Index dropping over 1%[1] Automotive Industry - In the first ten months of the year, China's new energy vehicle sales exceeded 50% of total car sales for the first time, reaching 51.6% in October[3] - New energy vehicle exports totaled 2.014 million units, marking a year-on-year increase of 90.4%[3] Company Performance - Hesai Technology (02525.HK) reported a net profit of 256 million CNY for Q3, compared to a net loss of 70.4 million CNY in the same period last year[3] - Xiaomi (01810.HK) reported that its total payment amount during the "Double Eleven" shopping festival exceeded 29 billion CNY[3]

Core Insights - The article provides a technical analysis and recommendations for 10 stocks, highlighting their short-term trends and key support and resistance levels. Group 1: Tencent (Code: 00700) - Tencent shows a continuous upward trend, being a leader in the domestic internet industry with a strong user base and monetization capabilities across various sectors including social media, gaming, fintech, and cloud computing [1] - Support level is at 617, resistance level at 682, with corresponding call option code 18981 and put option code 20518 [1] Group 2: Alibaba (Code: 09988) - Alibaba is also on an upward trajectory, recognized as a global e-commerce and technology giant with a robust ecosystem and supply chain capabilities [1] - Support level is at 150.5, resistance level at 176.8, with call option code 15432 and put option code 20870 [1] Group 3: Meituan (Code: 03690) - Meituan's short-term trend is positive, being a leading local service platform in China with high market penetration and user engagement [2] - Support level is at 95.2, resistance level at 111.4, with call option code 20964 and put option code 21520 [2] Group 4: JD.com (Code: 09618) - JD.com continues to rise, leveraging its high-quality supply chain and efficient logistics, particularly in the 3C electronics and fresh retail sectors [2] - Support level is at 115.5, resistance level at 133.9, with call option code 18979 and put option code 19822 [2] Group 5: Xiaomi Group (Code: 01810) - Xiaomi is experiencing an upward trend, having established a comprehensive ecosystem of smartphones, smart hardware, and IoT platforms [2] - Support level is at 38.4, resistance level at 50.5, with call option code 13204 and put option code 18546 [2] Group 6: Kuaishou (Code: 01024) - Kuaishou shows a positive short-term trend, being a leading short video and live streaming platform with high user activity and a rich content ecosystem [3] - Support level is at 63.1, resistance level at 82.4, with call option code 18961 and put option code 19035 [3] Group 7: BYD (Code: 01211) - BYD is on a favorable trend as a leader in the electric vehicle industry, benefiting from high growth in the sector [3] - Support level is at 93.7, resistance level at 109.9, with call option code 17318 and put option code 19297 [3] Group 8: Hong Kong Stock Exchange (Code: 00388) - The Hong Kong Stock Exchange continues to rise, serving as a key hub connecting mainland and global capital markets [3] - Support level is at 420, resistance level at 452, with call option code 13855 and put option code 19860 [3] Group 9: AIA Group (Code: 01299) - AIA Group is experiencing an upward trend, being a leading life insurance company in the Asia-Pacific region with strong demand for insurance products [4] - Support level is at 73.7, resistance level at 88.3, with call option code 17948 and put option code 18984 [4] Group 10: SMIC (Code: 00981) - SMIC shows a positive trend as the largest integrated circuit foundry in mainland China, benefiting from domestic semiconductor industry growth [4] - Support level is at 64.7, resistance level at 88.3, with call option code 18977 and put option code 21385 [4]

Market Overview - The report highlights the pressure on US stock markets due to Federal Reserve Chairman Powell downplaying further rate cuts, leading to a decline in major indices such as the Dow Jones, S&P 500, and Nasdaq [8][10] - Meta's significant earnings drop of 11.3% is attributed to excessive AI-related capital expenditures, impacting investor sentiment [8][10] - A trade agreement between China and the US for the purchase of 12 million tons of US soybeans is expected to benefit the US agricultural sector [8][10] Company Performance - Amazon's third-quarter results exceeded expectations, with strong growth in its cloud division, leading to a stock price surge of over 13% before closing down 3.2% [10] - Apple's fourth-quarter revenue reached $102.47 billion, a year-on-year increase of 7.9%, although iPhone revenue fell short of analyst expectations [10][12] - AIA Group reported a new business value of $4.314 billion, an 18% increase year-on-year, with annualized new premiums rising by 10% [12] Economic Indicators - The US Congressional Budget Office estimates that the government shutdown has caused at least $18 billion in economic losses, with potential short-term boosts to Q1 2026 growth [10] - The European Central Bank maintained its deposit rate at 2%, aligning with market expectations, while inflation in the Eurozone remains close to the 2% target [10][12] Stock Recommendations - The report recommends a buy for the stock of Mixue Group, citing strong performance in the first half of 2025 and a diversified product matrix following the acquisition of a beer brand [21] - Zhongchu Innovation (3931) is noted for benefiting from strong demand in the new energy vehicle and energy storage battery sectors, with optimistic long-term growth potential [21] Key Economic Data Releases - Upcoming economic data releases include China's manufacturing PMI for October, expected at 49.6, and Hong Kong's GDP growth for Q3, projected at 3% year-on-year [19]