每经记者｜宋欣悦 每经编辑｜何小桃 高涵 ① 【三大期指普跌】截至发稿，道指期货跌0.26%、标普500指数期货跌0.29%、纳指期货跌0.38%。 ② 【中概股盘前涨跌不一】中概股盘前涨跌不一。阿里巴巴涨0.71%，消息面上，阿里巴巴千问App开启公测第二天，夸克App全面接入千问对话助手； 百度涨3%，消息面上，其最新财报显示，百度三季度营收312亿元，首次披露AI业务收入，显示高速增长超50%。其中，AI云收入同比增长33%；AI应用 收入达26亿元；AI原生营销服务收入同比增长262%达28亿元。小鹏汽车跌1.92%，消息面上，小鹏汽车发布第三季度业绩报告称，第三季股东应占亏损收 窄至3.81亿元，经调整亏损收窄至1.5亿元。公司预期今年第四季度总收入为215亿至230亿元，按年增加约33.5%至42.8%，不及市场预期。 ③ 【金价连跌四日，一度跌破4000美元】11月18日，伦敦黄金现货价格一度跌至3999.2美元/盎司，跌幅达1.14%，连续第四个交易日出现下跌。 ④ 【获瑞银看好，亚玛芬体育涨超2.3%】始祖鸟母公司亚玛芬体育盘前涨超2.3%。消息面上，亚玛芬体育将于今日盘前公布三季度业绩，分 ...

① 【三大期指普跌】截至发稿，道指期货跌0.26%、标普500指数期货跌0.29%、纳指期货跌0.38%。 ③ 【金价连跌四日，一度跌破4000美元】11月18日，伦敦黄金现货价格一度跌至3999.2美元/盎司，跌 幅达1.14%，连续第四个交易日出现下跌。 ⑧ 【格芯收购新加坡芯片制造商AMF，全球最大硅光芯片代工厂诞生】当地时间11月17日，美国上市 芯片制造商格芯（GlobalFoundries）宣布收购总部位于新加坡的Advanced Micro Foundry（AMF）。格 芯表示，该收购将使其按收入计算成为全球最大的硅光子代工厂。 ⑨ 【比特币近七个月来首度失守9万美元】11月18日，比特币价格跌破9万美元关键心理关口，最低触 及89673.47美元，为今年4月以来7个月首次失守这一防线。自10月初创下126250美元历史高点后，比特 币在一个半月内累计回撤近30%，抹去了2025年以来全部涨幅。 免责声明：本文内容与数据仅供参考，不构成投资建议，使用前核实。据此操作，风险自担。 ④ 【获瑞银看好，亚玛芬体育涨超2.3%】始祖鸟母公司亚玛芬体育盘前涨超2.3%。消息面上，亚玛芬 体育将于今日盘前公 ...

Core Viewpoint - The Hong Kong stock market saw significant net inflows from northbound trading, totaling HKD 74.66 billion, with notable buying in Alibaba, Xpeng Motors, and Xiaomi, while China National Offshore Oil Corporation and Tencent experienced the highest net sell-offs [1][2]. Group 1: Northbound Trading Activity - Northbound trading recorded a net buy of HKD 74.66 billion, with HKD 27.45 billion from the Shanghai Stock Connect and HKD 47.21 billion from the Shenzhen Stock Connect [1]. - The most bought stocks included Alibaba (HKD 37.70 billion buy, HKD 20.92 billion sell, net +HKD 16.78 billion), Xpeng Motors (net +HKD 8.29 billion), and Xiaomi (net +HKD 6.33 billion) [2][5]. - The most sold stocks were China National Offshore Oil Corporation (net -HKD 3.65 billion) and Tencent (net -HKD 1.91 billion) [7]. Group 2: Company-Specific Developments - Alibaba (HKD 09988) received a net buy of HKD 32.96 billion, with news of its Qianwen App entering public testing and strategic collaboration with Quark App [5]. - Xpeng Motors (HKD 09868) reported a narrowed Q3 loss of HKD 3.81 billion, with adjusted losses of HKD 1.5 billion, and projected Q4 revenue between HKD 215 billion and HKD 230 billion, reflecting a growth of 33.5% to 42.8% [5]. - Xiaomi (HKD 01810) saw a net buy of HKD 8.53 billion ahead of its earnings report, which showed a Q3 revenue of RMB 113.12 billion, up 22.3%, and an adjusted net profit of RMB 11.31 billion, up 80.9% [6]. - China Hongqiao (HKD 01378) attracted a net buy of HKD 8.32 billion, with plans to place 400 million shares, raising approximately HKD 114.9 billion [6]. - Semiconductor companies like SMIC (HKD 00981) and Hua Hong Semiconductor (HKD 01347) received net buys of HKD 5.15 billion and HKD 3.74 billion, respectively, with SMIC projecting annual sales exceeding USD 9 billion [6][7].

智通财经APP获悉，11月18日港股市场，北水成交净买入74.66亿港元，其中港股通(沪)成交净买入27.45亿港元，港股通 (深)成交净买入47.21亿港元。 北水净买入最多的个股是阿里巴巴-W(09988)、小鹏汽车-W(09868)、小米集团-W(01810)。北水净卖出最多的个股是中海 油(00883)、腾讯(00700)。 | 股票名称 | 买入额 | 卖出额 | 买卖总额 | | --- | --- | --- | --- | | | | | 净流入 | | 阿里巴巴-W HK 09988 | 37.70 乙 | 20.92亿 | 58.63亿 | | | | | +16.781Z | | 腾讯控股 | 15.41 乙 | 23.71 乙 | 39.12亿 -8.31 Z | | HK 00700 | | | | | 小米集团-W HK 01810 | 18.54 Z | 12.21亿 | 30.75亿 +6.33 Z | | 中芯国际 HK 00981 | 12.30亿 | 13.58 乙 | 25.88 乙 -1.28 亿 | | 华虹米营体 | 11.41亿 | 11.12亿 | 22.52 ...

11月18日港股市场，北水成交净买入74.66亿港元，其中港股通(沪)成交净买入27.45亿港元，港股通(深)成交净买入47.21亿 港元。 北水净买入最多的个股是阿里巴巴-W(09988)、小鹏汽车-W(09868)、小米集团-W(01810)。北水净卖出最多的个股是中海 油(00883)、腾讯(00700)。 | 股票名称 | 买入额 | 卖出额 | 买卖总额 | | --- | --- | --- | --- | | | | | 净流入 | | | 37.70 乙 | 20.92 乙 | 58.63亿 +16.78 乙 | | 腾讯控股 | 15.41 乙 | 23.71 乙 | 39.12 乙 | | | | | -8.31 Z | | | 18.54 Z | 12.21 乙 | 30.75亿 +6.33 乙 | | | 12.30 乙 | 13.58 乙 | 25.88亿 | | | | | -1.28 亿 | | | 11.41亿 | 11.12亿 | 22.52亿 | | | | | +2910.50万 | | | 14.30亿 | 6.01亿 | 20.32亿 | | | | | +8.29 ...

Core Insights - Alibaba and Ant Group are intensifying their AI application efforts, with the launch of the Qwen model and the Lingguang AI assistant, aiming to compete directly with ChatGPT for overseas users [1][3][6] - The AI application landscape is rapidly evolving, with significant advancements from major players like Alibaba and Ant Group, marking 2025 as a pivotal year for AI applications [3][6][10] AI Application Developments - Ant Group's Lingguang AI assistant supports multi-modal outputs, including 3D, audio, and interactive maps, and can generate daily life applications in 30 seconds, positioning it as a leading general-purpose AI assistant [3][4][6] - Alibaba's Qwen app enhances previous AI offerings and aims to cover various life scenarios, indicating a strategic push towards comprehensive AI solutions [6][10] Competitive Landscape - The competition between Alibaba and Ant Group, along with other tech giants, is characterized by a "South Alibaba, North Byte" dynamic, highlighting the regional competition in AI applications [6][10] - The AI application market is witnessing a user engagement surge, with a reported 2.49 billion users of generative AI products in China by the end of 2024, representing 17.7% of the population [8][10] Strategic Focus and Future Outlook - Ant Group has released 18 large models, entering the trillion-parameter model category, and is focusing on application-driven AI strategies [7][8] - The AI industry is expected to see significant growth, with predictions that by 2028, at least 15% of daily tasks will be autonomously completed by AI agents [8][10] Regional Development and Talent Acquisition - Hangzhou is emerging as a key AI innovation hub, with government support for AI infrastructure and a focus on multi-route breakthroughs in large models [10][11] - The average salary for AI product managers in Hangzhou is the highest in the country, indicating a competitive talent market [13] User Engagement and Market Dynamics - As of October 2025, the daily active users (DAU) for the leading AI applications show significant engagement, with Doubao leading at 54.1 million DAU [15][16] - The ongoing battle for user attention among major tech firms is shaping the future of AI applications, with a focus on establishing differentiated market positions [15][17]

>>>>> ETF早知道 >>>>> ETF早知道 ETF문知道 bao WP (<<<< >>>>> 2025 目早知道 Nov ETFEFR通 (4) { 市场温度计 >>>>> ETFER 中长期信号 · 投资看温度 --- 75% --- 75% 75% -- + 25% -+ 25% -- + 25% ETF 甲和光 <<<< -0.11% J -0.46% -0.20% > > 上证指数 深证成指 创业板指 注:温度计水银条由对应指数的近十年市盈率分位数表示,总值为100%。数据来源:iFind,截至 2025.11.17,上证指数、深证成指、创业板指的近十年市盈率分位数分别为97.53%、80.71%、 39.08% ETFEF e 0 2 6 板块热力图 ETFEFRE <<<< 短期轮动走向·观九宫热力值 +1.67% +1.59% +1.32% 计算机 爐岸 国防军工 日#免 +1.10% +1.00% -0.93% 房地产 建筑材料 通信 -1.11% -1.31% -1.73% 非银金融 银行 医药生物 数据来源:iFind,截至2025.11.17,以申万一级行业区分,分别列出当日涨 ...

【ETF全知道热点收评】下面重点聊聊创业板人工智能、国防军工和化工几个板块的交易和基本面情 况。】 11月17日，市场震荡调整，沪指跌0.46%收于3972.03点，深成指、创业板指尾盘有一波拉升，收盘微跌 0.11%、0.2%。两市成交额1.91万亿元。 | 序号 代码 | 名称 | 两日图 现价 涨跌 涨跌幅 ▼ | | --- | --- | --- | | 1 159363 | | 创业板人工智能ETF华宝 vm ( ~ 0.836 0.018 2.20% | | 2 | 159851 金融科技ETF | Mary Card 0.838 0.013 1.58% | | 3 562030 | 信创ETF基金 | ~~ ~ 0.542 0.008 1.50% | | 4 512810 | 国防军工ETF | 2 0.687 0.009 1.33% | | ર 516020 化工ETF | | MIN 0.839 0.009 1.08% | 盘面上，AI主线再迎重磅催化！应用端，阿里巴巴千问App公测版今日上线，全力进军AI to C市场，与 ChatGPT展开全面竞争；算力端，华为将在11月21日发布AI ...

Group 1 - Alibaba officially announced the launch of the "Qianwen" project, aiming to enter the AI to C market [1] - The Qianwen App has been launched for public testing and is based on the Qwen model [1] - The app is designed to interact with users and assist them in various tasks, covering multiple life scenarios such as office work, navigation, health, and shopping [1] Group 2 - OpenAI announced the release of the new flagship model GPT-5.1, aimed at enhancing the intelligence and conversational experience of ChatGPT [5] - The upgrade comes just months after the previous GPT-5 model, which faced criticism for its lack of "human touch" and creativity [5] - GPT-5.1 features improvements in both intelligence levels and communication style [5]

Core Viewpoint - The Hong Kong stock market shows mixed performance among tech giants, with Alibaba and Meituan rising over 1%, while Tencent, Xiaomi, and Bilibili experience slight declines. The Hong Kong Internet ETF (513770) indicates strong buying interest despite early fluctuations, with a real-time trading volume nearing 200 million yuan [1]. Group 1: Market Performance - The Hong Kong Internet ETF (513770) opened lower but showed signs of premium trading, reflecting strong buying interest, with a price increase of 0.17% and a trading volume close to 200 million yuan [1]. - The ETF has a current scale exceeding 11.6 billion yuan, with an average daily trading volume of over 600 million yuan this year, indicating good liquidity [5]. Group 2: AI Development - Alibaba's Qianwen App has launched a public beta, aiming to compete directly with ChatGPT in the AI-to-C market, with plans to integrate various life scenarios such as maps, food delivery, and shopping [2]. - Major internet companies like Tencent and Bilibili reported third-quarter earnings that exceeded expectations, indicating sustained high performance in core businesses, with AI expected to drive revenue growth [3]. Group 3: Investment Outlook - According to Guosen Securities, since 2025, the main theme of the Hong Kong internet market has shifted towards AI, entering a new growth phase, with AI expected to accelerate the development of core businesses in the sector [3]. - Minsheng Securities expresses optimism about the revaluation of AI in China, particularly for platform-based internet companies with computational resources and application capabilities, such as Tencent, Kuaishou, and Alibaba [3]. Group 4: Index and Valuation - The Hong Kong Internet ETF tracks the CSI Hong Kong Internet Index, which heavily weights leading internet companies like Alibaba (18.89%), Tencent (17.01%), and Xiaomi (10.05%), collectively accounting for over 73% of the top ten holdings [3][4]. - The CSI Hong Kong Internet Index has shown a significant outperformance compared to the Hang Seng Tech Index this year, with a year-to-date increase of approximately 40.81% [5].