来源丨凤凰网财经《IPO观察哨》 作者丨DW "一天干14小时，日赚2万，独立完成超过1000杯爆米花的制作与售卖。"近日，越疆机器人旗下的人形机器人Atom完成全球首次公开的人形机器人商业演 示，将"机器打工"从概念推向了现实收银台。 这不仅是单一场景的技术验证，更标志着人形机器人以"全自主可靠劳动力"的姿态，正式踏入复杂、高动态的真实商业环境。在其技术突破吸引公众目光 的同时，其母公司越疆也传出了关键动作，公司正式启动深交所上市进程，寻求构建"A+H"双资本平台。 （图源：太原日报） 然而，酷炫演示的背后，是严峻的财务现实。财报数据显示，越疆科技2025年上半年净亏损4087万元，销售费用率高达53.7%，为研发投入的约两倍。与 此同时，公司应收账款周转天数同比大幅拉长55%，经营现金流持续为负。在技术高歌猛进、资本动作频频的另一面，增收不增利、现金流紧绷等多重经 营挑战，正成为这家明星公司必须穿越的现实荆棘。 01 半年卖了1.53亿元，"协作机器人第一股"转战A股 越疆2015年在深圳成立，曾于2024年12月23日在港交所主板挂牌上市，成为"协作机器人第一股"。 财务数据显示，2025年上半年，其销 ...

Group 1: Market Performance - The Hang Seng Index rose by 0.17% to close at 25,818.93 points, while the Hang Seng Tech Index increased by 0.19% to 5,499.3 points, and the Hang Seng China Enterprises Index saw a slight increase of 0.01% to 8,915.12 points [2] - The total market turnover was HKD 92.52 billion, with southbound funds experiencing a net outflow of HKD 1.175 billion [2] Group 2: Stock Highlights - Semiconductor manufacturer SMIC saw a stock increase of 3.21%, while China Hongqiao rose by 2.34%, and Cheung Kong Infrastructure increased by 1.83%, leading the blue-chip stocks [4] - Baidu's stock was included in the Hong Kong Stock Connect, leading to a significant price increase of 24.81% at one point, closing at HKD 35.08, which is a 22.23% rise [11][16] - The stock adjustment for Baidu is expected to enhance liquidity and market attention, potentially positively impacting the company's valuation [16] Group 3: Industry Performance - The Hang Seng Industry Index showed mixed results, with the Utilities Index up by 0.7%, Materials Index up by 0.65%, and Financials Index up by 0.4%. Conversely, the Healthcare Index fell by 0.52%, Non-essential Consumer Index dropped by 0.45%, and the Industrials Index decreased by 0.12% [6] - The Wind concept sector exhibited varied performance, with the Integrated Circuit Industry Fund Index rising by 2.85% and the Integrated Circuit Index increasing by 2.71%, while the Sapphire Index fell by 3% [8] Group 4: Regulatory Developments - The Hong Kong government and the Securities and Futures Commission are advancing legislative proposals for regulating virtual asset trading and custody service providers, marking a significant step in enhancing the regulatory framework for virtual assets [20] - The proposed licensing system aims to balance market development, risk management, and investor protection, contributing to the establishment of a trustworthy and sustainable digital asset ecosystem in Hong Kong [21]

获纳入港股通标的 百奥赛图一度大涨近25% 【导读】获纳入港股通标的，百奥赛图一度大涨近25% 12月24日，港股因假期提前收市，本周交易收官。恒生指数涨0.17%，报25818.93点；恒生科技指数涨0.19%，报5499.3点；恒生中国企业指数涨0.01%， 报8915.12点。大市成交925.2亿港元；南向资金净卖出11.75亿港元。 中芯国际涨3.21%，中国宏桥涨2.34%，长江基建集团涨1.83%，领涨蓝筹。 | 序号 | 名称 | 代码 | 现价 | 涨跌 | 涨跌幅 ▼ | 成交额 | 年初至今 | | --- | --- | --- | --- | --- | --- | --- | --- | | 1 | 中心国际 | 0981 | 71.050 | 2.150 | 3.12% | 49.56亿 | 123.43% | | 2 | 中国宏桥 | 1378 | 32.320 | 0.740 | 2.34% | 6.26亿 | 194.46% | | 3 | 长江基建集团 | 1038 | 58.550 | 1.050 | 1.83% | 3.06亿 | 6.64% | | ব | 电能实业 ...

【导读】获纳入港股通标的，百奥赛图一度大涨近25% 中国基金报记者 郭玟君 1 2月24日，港股因假期提前收市，本周交易收官 。 恒生指数涨0.17%，报25818.93点；恒生科技指数涨0.19%，报5499.3点 ； 恒生 中国企业指数涨0.01%，报8915.12点。大市成交925.2亿港元 ； 南向资金净卖出11.75亿港元。 | 恒生指数 | 恒生国企 | 恒生科技 | | --- | --- | --- | | 25818.93 | 8915.12 | 5499.30 | | +44.79 +0.17% +1.29 +0.01% +10.41 +0.19% | | | 中芯国际涨3.21%，中国宏桥涨2.34%，长江基建集团涨1.83%，领涨蓝筹。 | 序号 | 名称 | 代码 | 现价 | 涨跌 | 涨跌幅 ▼ | 成交额 | 年初至今 | | --- | --- | --- | --- | --- | --- | --- | --- | | 기 | 中心国际 | 0981 | 71.050 | 2.150 | 3.12% | 49.56亿 | 123.43% | | 2 | 中国宏桥 | 13 ...

Core Insights - The strategic partnership between Lens Technology and Yuejiang Technology aims to enhance capabilities in the field of embodied intelligent robotics, with Lens Technology committing to purchase 1,000 intelligent robots by 2025 and receiving an order for 10,000 quadruped robot assemblies from Yuejiang [1][2] - This collaboration signifies a shift for Lens Technology towards high-end intelligent manufacturing, leveraging its strengths in precision manufacturing and efficient R&D to capture new opportunities in the AI hardware market [1][4] - The partnership is expected to set a benchmark for global industrial intelligence upgrades, with both companies focusing on the development and supply of core components, thus creating a closed-loop system from R&D to manufacturing and supply [1][2] Company Developments - Lens Technology has established a vertically integrated platform in the robotics sector since 2016, covering key components such as liquid metal materials, six-dimensional force sensors, and joint modules, positioning itself as a leading manufacturer of embodied intelligent hardware in China [2][3] - The company aims to become a core supplier in the AI eyewear market within two years, with plans to achieve a million-level supply for automotive electronic components by 2026 and to lead in the global shipment of humanoid robots and quadruped robot dogs by 2027 [3][4] - The CEO of Lens Technology highlighted the impending hardware revolution as AI transitions from cloud to edge, predicting significant growth in AI-enabled devices, including smartphones and smart glasses, by 2027 [3] Industry Trends - The collaboration between Lens Technology and Yuejiang Technology reflects a broader trend in the industry towards integrating AI capabilities into hardware, with a focus on enhancing manufacturing processes and product offerings [1][4] - The market for AI devices is expected to see accelerated penetration, providing opportunities for companies like Lens Technology to transition from traditional precision manufacturing to AI hardware solution providers [4]