近日，首届摩洛哥电动车及储能展在"北非明珠"卡萨布兰卡举行。江苏省贸促会作为联合主办方之一， 组织了来自无锡、徐州、苏州、常州、宿迁、连云港、盐城、镇江等地的30家企业，与来自全球10多个 国家和地区的200余家展商一道，围绕产品展示、技术交流、商贸合作，共探电动车行业发展新机遇。 展会吸引了来自美国、德国、韩国等20多个国家和地区的1.5万余名采购商和专业观众。 为帮助企业有效应对出海过程中的风险挑战，江苏省贸促会在展会现场专门设立知识产权和法律服务工 作站，组织专业团队为企业提供商标注册、专利布局、贸易政策咨询、商事纠纷调解等专项法律服务， 发放《江苏新能（603693）源行业国际化经营合规指南》等宣传资料。现场指导企业就"商标在摩洛哥 被抢注"问题及时提起异议，详细解答企业在摩洛哥注册公司的疑问并推送相关政策法规。同时，通过 走访了解企业在海外知识产权保护方面的实际需求，提供针对性的法律意见，指导企业在当地完成欧盟 EEC认证，合规开展后续销售上牌等事项，帮助江苏企业规避北非市场法律风险，保障海外业务合规推 进。 展会期间，江苏企业与当地及全球伙伴达成多项合作：苏州智合酷创携直流快充桩、充电运营管理系统 ...

Market Overview - The market consensus indicates a rebound from oversold conditions, with the Nasdaq rising 2.69% overnight, leading to a 0.69% increase in Hong Kong stocks at the close [1] US-China Relations - A surprising positive and constructive phone call occurred between US President Trump and Chinese President, discussing various topics including the Russia-Ukraine situation and agricultural products [2] - Trump has accepted an invitation to visit China in April next year, indicating a desire for improved relations ahead of the midterm elections [2] Lithium Industry - Longpan Technology announced a contract exceeding 450 billion yuan with subsidiaries, significantly surpassing the previous estimate of over 50 billion yuan, resulting in a nearly 23% surge in its stock [3] - Related companies such as Tianqi Lithium and Ganfeng Lithium also saw stock increases of nearly 5% and over 3%, respectively [3] AI Sector - Google aims to double its AI computing power every six months and achieve a 1000-fold increase in the next 4-5 years to meet rising demand [3] - Meta Platforms is reportedly considering a multi-billion dollar acquisition of Google's TPU for data center development, contributing to Google's stock rise of 6.31% [3] Hardware Sector - Changfei Optical Fiber's components business has become a strong growth point, benefiting from North American AI data center construction, with a stock increase of nearly 13% [4] - Baidu's revenue from Kunlun chips is expected to grow significantly, with projections showing a sixfold increase from 2025 to 2026 [4] Healthcare Sector - There has been a significant increase in flu antiviral drug purchases, with sales of certain medications rising over 14 times compared to October [6] - Companies like Alibaba Health and Shandong Xinhua Pharmaceutical saw stock increases of over 4% and 7%, respectively [6] Electric Vehicle Market - European electric vehicle sales surged, with plug-in hybrid sales up 40% and pure electric vehicles nearly 33% [7] - BYD's sales more than doubled, while other companies like NIO and XPeng are expanding into new markets [7] Huawei Product Launch - Huawei launched the Mate 80 series and Mate X7, showcasing significant performance improvements over previous models, which is expected to attract market interest [8] Zhongtong Express - Zhongtong Express reported strong growth in its parcel business, with a revenue increase of 11.1% year-on-year for Q3 2025 [9][10] - The company is expanding its operations with a new smart operations center and has implemented advanced delivery technologies to enhance efficiency [10]

以下文章来源于i黑马 ，作者i黑马 i黑马 . 让创业者不再孤独@i黑马 我投过不少项目，小牛电动最让我刻骨铭心。 这不仅是 200倍回报的成功案例 ，更是一段从患难与共到并肩登顶的修行。 2014年夏天，明势资本的创始人黄明明给我打电话，说有个能颠覆电动车行业的团队要见我。 在中关村的一家咖啡馆里，我见到了 李一男和胡依林。 一男是行业里公认的技术大牛， 依林 带着他手绘的电动车设计图。 吴世春 梅花创投合伙人、黑马加速导师 聊了不到半小时，我就断定，这事能成。 当时的电动车市场，多主攻低端市场，噪音大，续航短。 但我坚决反对，好产品就得配好价格。 用松下电池、博世电机，把续航做到行业第一， 3999元的定价才能立住高端定位。 我还跟他们说，初期可以亏着卖，靠规模效应打穿成本。 这是互联网产品的成功逻辑，在电动车行业同样适用。 2015年6月，小牛 N1的众筹，最终筹得7200万，刷新了国内纪录。 可谁也没想到，产品发布才一天，一男就因涉嫌内幕交易被刑拘。 而他们想做的智能高端电动车，正好击中了消费升级的痛点。 这不就是下一个小米的机会吗？ 我 当场就拍板，梅花创投投 500万 ，占10%股份，我要做他们最 ...

人民日报记者 邓建胜 徐红梅 白光迪 "外销增速在30%左右。我们拼的不是价格，而是质量。"扬杰电子科技股份有限公司副董事长梁瑶 介绍，目前公司在越南启动了二期工厂建设，还计划在马来西亚、泰国投资晶圆工厂。 常熟市的小微外贸商户，则借助制度创新打开了新天地。 服饰商行经营者陈跃，在"市采通"（常熟市中小微企业跨境贸易综合服务）平台上传了交易单，一 批服装产品正准备发往国外。"以前做外贸，要跑海关、找第三方代办，既麻烦又有风险。现在，一个 平台就搞定了。"陈跃说。 作为全国市场采购贸易试点的创新之举，常熟"市采通"平台为中小微企业打造了一个集商户注册、 商品采购、组货拼箱、通关申报、收汇结汇、免税申报及供应链金融于一体的"一站式"出口服务解决方 案。自2020年以来，该平台年出口额从10亿美元增长至150多亿美元。 冬日午后，汽笛长鸣。一列满载汽车零部件的中吉乌班列，从江苏省连云港市上合组织国际物流园 驶出。车厢里，整齐排列的货物将运抵中亚市场。 目光南移，长江入海口的太仓港岸桥起落，数千辆国产汽车驶上远洋巨轮，准备发往欧洲、东南 亚。 一北一南，一车一船，江苏外贸在这个冬天里热气腾腾。 "江苏产业体系比较完备 ...

Core Viewpoint - Elon Musk proposes a revolutionary vision of deploying AI computing centers in space, driven by the need for sustainable energy and cooling solutions for large-scale AI data centers on Earth [1][2]. Group 1: Vision and Rationale - Musk believes that operating large-scale AI systems in orbit will be more cost-effective than on Earth within the next four to five years, primarily due to "free" solar energy and easier cooling technologies [2]. - He estimates that achieving a continuous computing capacity of 200 to 300 gigawatts (GW) would require building large and expensive power plants, which is impractical given the current energy infrastructure [2][4]. - Musk's plan involves deploying 100 GW of solar-powered AI satellites annually, which could potentially exceed the total electricity consumption of the U.S. [4][6]. Group 2: Technical Challenges - The construction of large AI data centers in space faces significant challenges, including the need for massive heat dissipation structures and the high costs associated with launching thousands of spacecraft [7][8]. - Current technology for high-performance AI accelerators may not withstand the radiation in geostationary orbit (GEO) without substantial modifications, which could hinder the feasibility of building AI data centers in space [7][8]. - The proposed project requires advancements in high-bandwidth connections to Earth, autonomous maintenance, and debris avoidance technologies, which are still in their infancy [8].

开源证券近日发布欧洲电动车销量月报：10月欧洲9国新能源车维持高增长，其中法国社会租赁计划落 地后BEV销量同比明显提速。2025年10月欧洲9国新能源车销量25.7万辆，同比+38.7%，新能源渗透率 31.5%，同比+7.7pcts。其中，BEV销量16.5万辆，同比+36.4%；PHEV销量9.2万辆，同比+42.9%。 （2）英国：2025年10月英国BEV销量3.7万辆，同比+23.6%；PHEV销量1.8万辆，同比+27.2%。英国已 重启电车补贴，且面临ZEV考核目标的压力，未来几个月电车销量有望持续提升。 以下为研究报告摘要： 2025年10月欧洲9国新能源车销量25.7万辆，同比+39% 10月欧洲9国新能源车维持高增长，其中法国社会租赁计划落地后BEV销量同比明显提速。2025年10月 欧洲9国新能源车销量25.7万辆，同比+38.7%，新能源渗透率31.5%，同比+7.7pcts。其中，BEV销量 16.5万辆，同比+36.4%；PHEV销量9.2万辆，同比+42.9%。 （1）德国：2025年以来德国电车渗透率整体呈逐月提升态势。2025年10月德国BEV销量5.2万辆，同比 +47. ...

Core Viewpoint - Jiangsu's foreign trade demonstrates strong resilience despite uncertainties in the external trade environment, with a total import and export value of 4.88 trillion yuan from January to October, accounting for 13.1% of the national total and contributing over 20% to the national export growth [2] Group 1: Market Expansion - Jiangsu is focusing on opening new markets and promoting industries and enterprises to go global, with companies like Yangjie Electronics producing around 30 million power semiconductor chips daily for overseas markets, achieving a 30% growth in export [3] - The "Shicaitong" platform in Changshu has facilitated small and micro foreign trade businesses, increasing its export value from 1 billion USD in 2020 to over 15 billion USD, streamlining the export process for local merchants [4] - Jiangsu's imports and exports to countries involved in the Belt and Road Initiative reached 2.44 trillion yuan, a year-on-year increase of 11.7%, while trade with ASEAN countries grew by 22.1% [4] Group 2: New Business Models - The cross-border e-commerce sector in Suzhou's Shengze Town has seen a significant increase, with a 225.4% year-on-year growth in import and export value, reaching 3.635 billion yuan from January to September [5] - Companies are leveraging digital channels and innovative business models, such as overseas warehouses and data-driven marketing, to enhance their international sales, with Jiangsu's cross-border e-commerce platforms experiencing over 60% growth in imports and exports [5] Group 3: Competitive Advantages - Jiangsu companies are enhancing their competitive edge through innovation and quality control, with firms like Borui Electric holding over 700 patents and participating in the formulation of international standards, while Yadea focuses on quality and adapts products for Southeast Asian markets [6] - The region's effective invention patent count remains among the highest in the country, with advanced manufacturing clusters contributing over 60% of these patents, indicating a strong foundation for high-quality development [7]

Core Insights - Lei Jun, the founder and CEO of Xiaomi Group, invested over 100 million HKD to purchase 2.6 million shares of the company, increasing his ownership stake to 23.26% [1] - The share purchase occurred during a period of stock price decline for Xiaomi, attributed to rising costs in core businesses due to global storage chip shortages and negative market sentiment [3] Financial Performance - Xiaomi Group reported a total revenue of 113.1 billion CNY for Q3, representing a year-on-year growth of 22.3%, with adjusted net profit reaching 11.3 billion CNY, up 80.9% year-on-year [4] Market Sentiment and Challenges - Hedge fund feedback indicates that Xiaomi is viewed as a "consensus short/sell" due to a lack of catalysts and accumulating negative sentiment from factory delays and low acceptance in the electric vehicle market [3] - Xiaomi's stock has become one of the worst-performing Chinese tech stocks this year, erasing much of its gains [3] Technological Developments - Xiaomi announced the open-sourcing of its MiMo-Embodied model, integrating autonomous driving and embodied intelligence, with approximately 473,000 active users and a total of 300 million kilometers driven using its enhanced autonomous driving system [3][4] - Goldman Sachs maintains a "buy" rating for Xiaomi, setting a target price of 53.5 HKD, citing attractive risk-reward levels and expected advancements in AI technology and applications within Xiaomi's ecosystem [4]

Group 1 - Lei Jun, the founder and CEO of Xiaomi, invested over 100 million HKD to purchase 2.6 million shares of Xiaomi stock at an average price of approximately 38.58 HKD per share, increasing his shareholding to 23.26% [2] - The timing of Lei Jun's purchase coincides with a decline in Xiaomi's stock price, attributed to rising costs in core businesses due to global storage chip shortages and negative sentiment from hedge fund feedback regarding a lack of catalysts for the stock [4] - Xiaomi's third-quarter financial report showed total revenue of 113.1 billion CNY, a year-on-year increase of 22.3%, and an adjusted net profit of 11.3 billion CNY, reflecting an 80.9% year-on-year growth [6] Group 2 - Goldman Sachs reported that Xiaomi announced the open-sourcing of its MiMo-Embodied model, which integrates autonomous driving and embodied intelligence technologies, with approximately 473,000 active users of its enhanced autonomous driving system [6] - The upgrade of the HAD system indicates ongoing advancements in Xiaomi's autonomous driving technology, with plans to invest over 7 billion CNY in AI research and development by 2025 [6] - Goldman Sachs maintains a "Buy" rating for Xiaomi with a target price of 53.5 HKD, citing attractive risk-reward levels despite current market challenges [6]

大家好我是大鱼 Nvidia本益比 才30倍 Tesla 凭什么破百？ 华尔街都在喊贵 但一位前 高盛分析师却警告 千万别用 旧逻辑看马斯克！ 他利用3000行 的模型算出 在「Elon溢价」 加持下 184倍本益比 竟是新常态 股价两年内 更将冲击1000美元 为什么说 永远别去 怀疑这个倍数？ 今天带你破解 这套让空头 粉身碎骨的 硬核逻辑 大家不要错过 今天的精彩内容 OK let's go 第一部分 华尔街看不懂的 Elon溢价 兄弟们 最近Tesla的股价 是不是让你 又爱又恨？ 川普当选那一波 「川普行情 直接把Tesla 的股价送上天 让现在市盈率 （PE）看起来 高得吓人 随便一个华尔街 的分析师都会 跟你说 Tesla太贵了！ Nvidia 才30 倍 Tesla凭什么 100 多倍？ 但如果我告诉你 这些名校毕业的 分析师全都 看错了呢？ 今天我们不看那些 只会画线的图表派 我挖到了一位 拥有物理学背景 曾在高盛搞并购 的硬核分析师AJ 他的模型非常变态 光是Excel 就有3000 多行！ 他在今年2 月 就精准预测了 年底Tesla 会上$300 而现在 他给出的最新 目标价是12 个 ...