Core Insights - Asia's equity capital markets are projected to have a strong performance in 2026, continuing the momentum from 2025, which saw significant growth in share sales across the region [1][2] Group 1: Market Performance - In 2025, share listings, placements, and block trades in Asia Pacific raised $262.7 billion, marking the highest total in four years [2] - For the first time, four of the world's five busiest deal venues were located in Asia, driven by a rebound in Hong Kong and record IPOs in India [2] Group 2: Upcoming IPOs - Major IPOs expected in 2026 include Baidu Inc., Zepto Ltd., ChangXin Memory Technologies Inc., and Coca-Cola's India bottling unit [3] - Hong Kong listings of Chinese firms already traded in mainland China are anticipated to continue contributing to the IPO pipeline [3] Group 3: Regional Highlights - Hong Kong listings may raise up to $45 billion in 2026, potentially the largest amount in six years, while Indian IPOs are expected to achieve a third consecutive annual record [4] - Jio Platforms Ltd. is preparing for what could be India's largest-ever IPO, while A.S. Watson Group is considering a listing that could raise over $2 billion [8] Group 4: Notable Companies and Their Plans - Syngenta Group is in preliminary talks for a potential listing in 2026 after previously withdrawing a $9 billion plan [8] - Baidu's AI chip unit has confidentially filed for a Hong Kong IPO, valued at a minimum of $3 billion [8] - Other companies like Luxshare Precision Industry Co. and Muyuan Foods Co. are also pursuing significant IPOs in Hong Kong [8] Group 5: Indian Market Developments - PhonePe Ltd. has filed for an IPO that could raise up to $1.5 billion, valuing the fintech firm at approximately $15 billion [13] - Flipkart is exploring an IPO after moving its holding company to India, while Zepto aims to raise about $500 million through its IPO [13] Group 6: International Listings - SK Hynix Inc. is considering a potential New York listing to align its valuation with global peers [13] - Shein Group Ltd. has confidentially filed for a Hong Kong IPO, pending approval from Beijing [13]

Core Insights - Apple has exported nearly $16 billion worth of iPhones in the first nine months of FY26, bringing cumulative exports to over $50 billion under the PLI scheme [1][11] - Samsung has exported approximately $17 billion worth of mobile devices during the PLI period from FY21 to FY25 [2][11] - The smartphone category, driven by iPhone exports, has become India's top export item in FY25, significantly increasing from 167 in 2015 [6][11] Government Support and Industry Dynamics - The Indian government is planning to continue support for the smartphone manufacturing industry even after the PLI scheme ends in March next year [6][12] - Officials acknowledge that Indian manufacturers face challenges compared to competitors in China and Vietnam, and support will be provided to enhance manufacturing capabilities [7][12] - Apple has established a supply chain involving five iPhone factories and around 45 companies, including many MSMEs, contributing to both domestic and global supply chains [5][11] Production and Employment - Samsung was the only beneficiary to conclude its participation in the PLI scheme in FY25, having met production targets in FY21, while Apple faced challenges in meeting initial targets due to various factors [8][12] - Apple's vendors are expected to contribute over 60% to investments and employment generation under the second tranche of the electronics component manufacturing scheme [10][12] - Samsung will create 300 new jobs through its involvement in the electronics component manufacturing scheme [9][12] Export Trends and Future Outlook - The export of electronic components from India to countries like China and Vietnam for Apple products marks a significant shift in manufacturing dynamics [10][12] - The momentum in mobile phone exports has significantly increased since the inception of the PLI scheme, particularly with Apple's decision to localize its supply chain in India [7][12]

The past week brought a mixed bag of news, with Apple Inc. (NASDAQ:AAPL) at the center of several stories. The tech giant’s rival, Masimo Corp. (NASDAQ:MASI), saw its quality score plummet despite a significant patent win over Apple. Here are the top news stories in the Appleverse this past week:Apple Scales Back Vision Pro ProductionApple has reportedly reduced production and promotion of its Vision Pro headset following sluggish sales. The company’s Chinese manufacturing partner, Luxshare, halted producti ...

1月4日，21财经·南财快讯记者注意到，有博主称，苹果公司已在近期针对部分国行设备启动"Apple智能与Siri"功能的灰度测 试，获得测试资格的用户可在设备设置中查看相关选项。具体设置路径为"设置 - Apple智能与AI - 打开Apple智能"，首次设置需 在连接电源和Wi-Fi的情况下升级下载，下载完毕后桌面将新增图乐园App。 有网友评论，自己也收到了苹果AI智能升级提醒，但在使用过程中发现，AI的回答都是基于百度现有答案，疑似部分功能被阉 割。 | iPad iPhone Watch Vision 陶店 Mac | | --- | | AirPods | | 娱乐 家居 | | 配件 | | 技术支持 | | 1 | 网友评论截图 对此，21财经·南财快讯记者致电苹果公司，接线的技术顾问表示，截至今天苹果AI还未正式上线，后续上线将在官网上进行发 布。预计iPhone 15 Pro及更新版本的手机型号才能兼容苹果AI，"因为AI的算法对硬件的要求非常之高，iPhone 15的硬件还没有 达到那个要求。" 前述技术顾问也提醒，之前有部分博主通过一些第三方软件绕开限制去强行开启，"对于资金和账号安全是 ...

以下文章来源于正解局 ，作者正解局 正解局 . 解读产业，发现价值。产业/城市/企业。 贸易这事儿上，越南可以用疯狂输出来形容。越南总理预计2025年商品贸易额达9000亿美元，比2024年 4763亿美元的GDP还多1.5倍。 前几天，有个消息，可能很多人没关注到。 在越南河内，中国几家航空公司举办了中国冬季旅游推广活动。 在我们的印象里，旅游是有钱有闲人做的事。 我们现在怎么要去越南推广旅游呢？ 这可能也是这些年越南发展的一个微小缩影。 有数字显示，2025年越南GDP增速可能会达到7.4%（IMF预测)，而越南政府更是说会达到8%。 不管是7.4%，还是8%，都是很高的速度了。 现在的越南，人口1亿出头（和山东差不多），面积差不多33万平方公里（比云南还小一些），2024年GDP 是4700多亿美元（比河北还少）。 越南算得上是这些年来全球经济发展的"明星"，那么，越南经济的天花板在哪里？ 01 亮眼的"越南速度" 讲越南发展有天花板的问题，自然是从越南现在发展还不错的成绩中引出来的。 有多不错呢？ 近一点看，上半年，越南用7.52%的GDP增速创下了十五年以来上半年最高增速纪录，全年还要冲击文章开 头 ...

以下文章来源于正解局 ，作者正解局 正解局 . 解读产业，发现价值。产业/城市/企业。 来源丨 正解局（ID： zhengjieclub ） 图源丨摄图网 前几天，有个消息，可能很多人没关注到。 在越南河内，中国几家航空公司举办了中国冬季旅游推广活动。 在我们的印象里，旅游是有钱有闲人做的事。 我们现在怎么要去越南推广旅游呢？ 这可能也是这些年越南发展的一个微小缩影。 有数字显示，2025年越南GDP增速可能会达到7.4%（IMF预测)，而越南政府更是说会达到8%。 不管是7.4%，还是8%，都是很高的速度了。 现在的越南，人口1亿出头（和山东差不多），面积差不多33万平方公里（比云南还小一些），2024年GDP是4700多亿美元（比河北还少）。 越南算得上是这些年来全球经济发展的"明星"，那么，越南经济的天花板在哪里？ 亮眼的"越南速度" 讲越南发展有天花板的问题，自然是从越南现在发展还不错的成绩中引出来的。 有多不错呢？ 近一点看，上半年，越南用7.52%的GDP增速创下了十五年以来上半年最高增速纪录，全年还要冲击文章开头说的8%。 在世界整体经济疲软，大国博弈导致全球贸易增速风险增加等背景下，这个数字还 ...

行业研究 电子行业 2026 年度策略 证券研究报告 2025 年 12 月 31 日 湘财证券研究所 算力需求景气高企，端侧 AI 持续迭代 相关研究： 1.《工信部公布L3准入许可，看好 智驾板块投资机会》2025.12.21 2.《AI算力需求推动PCB量价齐 升》 2025.12.20 3.《H200解禁，看好算力需求》 2025.12.14 行业评级：增持（维持） 近十二个月行业表现 % 1 个月 3 个月 12 个月 相对收益 2.9 -3.4 30.2 绝对收益 5.2 -3.7 47.9 -20% -10% 0% 10% 20% 30% 40% 50% 60% 70% 沪深300 电子（申万） 注：相对收益与沪深 300 相比 分析师：李杰 证书编号：S0500521070001 Tel：(8621) 50293525 Email：lijie5@xcsc.com 地址：上海市浦东新区银城路88号 中国人寿金融中心10楼 核心要点： ❑ 大模型技术持续迭代，AI 终端创新潮来临 传统消费电子终端在经过多年发展后，已经进入存量或低速发展时代，智 能手机和 PC 的销量基本稳定，TWS 进入低速增长 ...

As part of the offers, Vijay Sales is providing MyVS Rewards loyalty points worth a flat Rs 3,000 on purchases of the iPhone 17. These points can be redeemed on subsequent in-store purchases to avail additional discounts.The sale also features attractive deals on older iPhone models such as the iPhone 16, iPhone 16 Plus, iPhone 16E and iPhone 15. In addition to discounts on iPhones, MacBooks and Apple Watches, customers can also avail special pricing on Apple accessories, including chargers, cables, pencil ...

来源：环球网 【环球网科技综合报道】12月28日消息，据外媒macrumors报道，知名苹果泄密者兼原型机收藏家 Kosutami日前分享的一组图片，揭开了苹果未面世的彩色AirPods的神秘面纱。 据悉，苹果曾测试第一代AirPods的彩色版本，其充电盒采用粉色、黄色等鲜艳配色，风格神似经典的 iPhone 5c机型。 外媒报道称，这并非苹果首次尝试为AirPods打造多配色方案。早在2023年，业内就曾曝光过粉色AirPods 的相关图片，彼时消息显示苹果曾开发五种与iPhone 7配色匹配的方案，但最终均未落地。多年来，用户 对彩色AirPods的需求从未间断，而目前苹果AirPods系列中，仅有AirPods Max提供多配色选择。（旺旺） 从曝光的图片来看，这些AirPods原型机的充电盒外壳为粉色和黄色，而充电盒内部及耳机主体仍保持苹果 一贯的白色设计。这一配色方案与iPhone 5c的经典色系高度契合，后者曾推出蓝色、绿色、粉色、黄色等 多款鲜活配色，成为不少果粉的青春记忆。 ...

当"买40克金饰能省1万多"的标语出现在海南免税店的LED屏上时，这场由数字制造的狂欢正式拉开序幕。苹果专卖店前排起跨国长龙，宝格丽柜台被围得 水泄不通，某网友在社交平台晒出的购物小票显示：原价15万的卡地亚手表，免税后直接省出一辆国产轿车首付。这场看似理性的消费盛宴，背后却藏着当 代中产集体无意识的消费密码。 免税经济下的魔幻现实 心理学教授王敏的研究指出，当折扣数字超过30%，消费者理性判断能力会下降40%。这在免税城表现得淋漓尽致：化妆品柜台前，囤积三年用量防晒霜的 女士们相互论证着"反正迟早要用"；数码区里，大学生用助学贷款买下两副AirPods，理由是"转手就能赚差价"。 海关总署数据显示，海南离岛免税新政实施首周，日均销售额突破1.2亿元。在周大福柜台，标价签上"免税价1080元/克"的金饰让北京白领小林掐着计算器 的手微微发抖——这个价格比内地商场足足低了15%。华为Mate60系列在三亚免税城的库存维持了不到72小时，有顾客拖着登机箱直接打包十部手机。"这 哪是购物，分明是在参加金融突击战。"现场保安这样形容。 但数字游戏的背面藏着更复杂的计算逻辑。某奢侈品牌区域经理透露，部分商品所谓"免税价 ...