Vi e w p o i n t | 19 Jan 2026 23:28:49 ET │ 54 pages China Technology & Communications 2026 Outlook: Embrace AI Opportunities in Computing, Networking, Edges and Agents CITI'S TAKE We are positive to HK/China tech despite three years of outperformance (vs. MSCI China) but are aware of high expectations and macro/sector risks ahead. Valuation had re-rated exiting 2025; we prefer H shares to A shares among tech and communication names. In 2026, we continue to embrace AI opportunities across computing, networ ...

21 January 2026 | 4:49PM HKT Equity Research Navigating China Internet: Top AI/apps tracker: Laying out six key AI themes for 2026; focuses on AI adtech, AI assistants & chip supply As highlighted in our recent China Internet 2026 Outlook report, we lay out 6 key AI themes for 2026: 1) AI/adtech to drive further advertising budget shifts to ROI-based ads and new Answer & Generative Engine Optimization (AEO/GEO) marketing strategies; 2) AI model breakthroughs could center around long-context, multi-modal, wo ...

Flash | 20 Jan 2026 10:50:52 ET │ 11 pages TongFu Microelectronics (002156.SZ) Strong 4Q25 Earnings, Solid 2026 Outlook to Continue CITI'S TAKE TFME announced on Jan 20 preliminary FY25 net profit of Rmb1,100- 1,350mn, indicating 4Q25 net profit of Rmb240-490mn (mid-pt. Rmb365mn), up 191% YoY but came in 7% below Bloomberg consensus. Mgmt. attributed the strong earnings growth to improved capacity utilization and increased revenue from higher-end products, with effective costs/expenses control. We expect TF ...

Group 1: Technology Developments - DeepSeek has updated its GitHub repository, revealing a new model architecture "MODEL1," which is expected to be more efficient and suitable for edge devices compared to its predecessor DeepSeek-V3.2 [2] - Longji Technology announced significant progress in Co-packaged Optics (CPO) technology, with successful customer sample deliveries and testing, addressing the growing demand for high-bandwidth, low-latency optical interconnects [11] - Shanghai Yiyou Intelligent Control Technology has launched its first automated production line for robot joints in Zhangjiang, aiming to meet the increasing demand and reduce costs for humanoid robots [10] Group 2: Financial Performance and Projections - Moole Technology expects a net loss of 950 million to 1.06 billion yuan for 2025, despite launching a leading GPU product and experiencing revenue growth due to the AI industry's expansion [17] - Demingli anticipates a net profit of 650 million to 800 million yuan for 2025, representing a year-on-year increase of 85.42% to 128.21%, driven by advancements in storage solutions and AI demand [18] - Tianfu Communication projects a net profit of 1.881 billion to 2.150 billion yuan for 2025, reflecting a growth of 40% to 60% due to the accelerating AI industry and global data center construction [19] Group 3: Regulatory and Market Responses - The European Union plans to phase out "high-risk suppliers" in critical sectors, interpreted as targeting Chinese tech firms like Huawei, which has expressed concerns over the fairness of such regulations [2] - Pinduoduo was fined 100,000 yuan for failing to report tax information as required, highlighting regulatory scrutiny on internet platform companies [4] - Zhiyu Technology announced a temporary limit on the sale of its GLM Coding Plan due to high demand and resource constraints, reducing daily sales to 20% of current levels [3]

还值得注意的是，佰维存储称，存储产品价格在2026年第一季度、第二季度有望持续上涨。 MACD金叉信号形成，这些股涨势不错！ 另外，存储大厂华邦电、南亚科目前对外签订的长期供货合约（LTA），模式多为锁量不锁价，时间由 一年期拉长至至少两年起，部分大客户甚至谈到接近2030年的长期合作框架。 格隆汇1月22日｜A股市场存储芯片概念股走强，其中，盈方微、怡亚通涨停，广合科技涨7%，澜起科 技、中京电子涨超6%，国芯科技、航宇微、朗科科技涨超5%，华润微涨4%。 | 代码 | 名称 | | 涨幅% ↓ | 总市值 | 年初至今涨幅% | | --- | --- | --- | --- | --- | --- | | 000670 | 盈方微 | 1 | 10.05 | 86.92亿 | 39.43 | | 002183 | 怡亚通 | 单 | 10.02 | 145亿 | 17.65 | | 001389 | 广合科技 | 1 | 7.09 | 435亿 | 25.30 | | 688008 | 澜起科技 | 1 | 6.86 | 1960亿 | 45.16 | | 002579 | 中京电子 | 1 | 6.1 ...

1月21日，优迅股份涨6.00%，成交额8.13亿元。两融数据显示，当日优迅股份获融资买入额9117.70万 元，融资偿还8659.92万元，融资净买入457.78万元。截至1月21日，优迅股份融资融券余额合计3.46亿 元。 融资方面，优迅股份当日融资买入9117.70万元。当前融资余额3.46亿元，占流通市值的10.97%。 融券方面，优迅股份1月21日融券偿还0.00股，融券卖出0.00股，按当日收盘价计算，卖出金额0.00元； 融券余量0.00股，融券余额0.00元。 资料显示，厦门优迅芯片股份有限公司位于福建省厦门市软件园观日路52号402，成立日期2003年2月10 日，上市日期2025年12月19日，公司主营业务涉及光通信前端收发电芯片的研发、设计与销售。主营业 务收入构成为：光通信收发合一芯片85.54%，跨阻放大器芯片12.68%，限幅放大器芯片0.83%，激光驱 动器芯片0.67%，其他0.23%，其他(补充)0.04%。 截至12月19日，优迅股份股东户数1.86万，较上期增加84318.18%；人均流通股809股，较上期增加 0.00%。2025年1月-9月，优迅股份实现营业收入3.5 ...

来源：光明日报 本报北京1月21日电（记者晋浩天）当你点开社交平台，瞬间看到心仪的电影推荐；当购物网站精准呈 现你可能喜欢的商品——这些智能服务背后，是计算系统在海量数据中进行的急速运算与抉择。然而， 支撑这一切的传统计算芯片正在面临速度与能耗的双重压力，科学家们将目光投向超越传统数字计算的 新架构。北京大学孙仲研究员团队在这一前沿领域取得关键突破，成功研发出高能效的新型专用计算芯 片，首次为繁复的计算任务提供了专用硬件加速方案。实验表明，相较于先进数字芯片，该系统计算速 度提升约12倍，能效比提升超过228倍。相关成果发表于国际期刊《自然·通讯》。 "这项研究瞄准了机器学习中的一项核心任务——非负矩阵分解。该技术如同一位高效的'数据解读 者'，能从巨量且庞杂的用户行为、图像像素等信息中，提炼出潜在的模式与特征，在图像分析、信息 聚类、个性化推荐等领域具有广泛应用。然而，它的计算过程要求同步求解两个矩阵，极为繁复，依赖 传统数字芯片的串行计算模式，往往力不从心，成为制约实时智能的瓶颈。"孙仲告诉记者。 为验证系统性能，研究团队在实验室中成功搭建原型系统，并完成多组实验测试。该系统既完成了对彩 色图像的高质量分 ...

NAIL seeks daily investment results of 300% of the daily performance of the Dow Jones U.S. Select Home Construction Index. The index measures U.S. companies in the home construction sector that provide a wide range of products and services related to homebuilding, including home construction, as well as producers, sellers, and suppliers of building materials, furnishings, and fixtures. For more news, information, and strategy, visit the Leveraged & Inverse Content Hub. "Market conditions remain challenging ...

转自：湖州日报 西塞科学谷凡常湖畔，浙江大学湖州研究院的一体化机器人潜入水下，执行检测任务；浙江工业大学莫 干山研究院内，受益于"双融双聘双认"的特聘研究员刘羽西在研究院和大学里都有任职，面露喜悦；南 浔家装木业工厂内，研发的玉米淀粉胶合剂替代传统化学胶水，木板产品受到市场青睐…… 新旧动能转换间，科技创新是最好的桥梁。走在湖州大地，从串珠成链的新型研发机构"最强大脑"，到 握指成拳的高新技术企业"生力军"，再到政府营造的创新"生态雨林"机制，推动湖州从长三角"地理中 心"向"科创中心"跃升。 （来源：湖州日报） 回望2025年，市科技局以创新湖州建设为引领，深入实施科技创新引领工程，各项工作取得新成效： R&D占GDP比重达3.5%，居全省第3位；向上争取资金3.71亿元，创历史新高；加快科研机构市场化转 型，高新投资占固投比重连续35个月保持全省首位，外国人才服务保障改革入选国家试点。 成果转化——从"书架"到"货架" 一项名为面向国际市场的履带起重机控制系统人机交互界面技术日前在浙江三一装备有限公司试用，该 技术由湖州师范学院智能装备产业学院开发。"等企业技术试用满意后，再付费给我们。"该学院执行院 长 ...

Chip Somodevilla/Getty Images News Listen below or on the go on Apple Podcasts and Spotify Trump reverses course after Davos talks, sending stocks sharply higher. (0:14) Sandisk now up 1,000% over six months. (3:02) Natural gas rockets on deep freeze as global energy prices jump. (3:13) This is an abridged transcript of the podcast: President Donald Trump has backed off his threat to impose new tariffs in February, after negotiations in Davos over Greenland. And whether you call it another TACO — Tr ...