wumiancaijing.com / 2月25日，网上有消息称，飞天茅台出厂价由1169元/瓶上调至1299元/瓶，引发市场关注。 对此，据21世纪经济报道，贵州茅台公司接线工作人员回应：" 如果是飞天有价格有调整的话，是要披 露的重大事项，公司会及时披露信息。网上经常有这种小作文，建议关注公司披露的公告，没必要去相 信网上的这种谣传。" 最热的泛财经新闻，都在这儿了。 重要提醒！！！为防失联，请"星标"我们！进入无冕财经公众号，点击右上角"..."，再" "，以便您及时 接收每篇推送~ 本文由无冕财经（wumiancaijing）整理发布 资讯整理：小冕 编辑：陈涧 设计：岚昇 传飞天茅台出厂价上调130元 茅台辟谣，分析称是股民行为 ▲茅台2023年调价时曾发布公告。 贵州茅台最近一次调整出厂价格，还是在2023年11月1日，当时上调53%vol贵州茅台酒（飞天、五星） 出厂价格，平均上调幅度约为20%。但市场指导价仍维持在每瓶1499元。 据中国基金报，对于调价消息，一位茅台酒经销商表示"没听说"。中国酒业独立评论人肖竹青表 示，"贵州国资背景的茅台酒代理商是茅台酒涨价的最大阻力，每一个贵州国资的代理 ...

Core Viewpoint - The Tianhong Sci-Tech Chip Design ETF (589070) is experiencing significant growth in both trading volume and fund shares, reflecting a positive outlook for the semiconductor industry amid a recovery cycle and favorable policies [1][2]. Fund Performance - As of February 24, 2026, the Tianhong Sci-Tech Chip Design ETF had a turnover rate of 6.04% and a transaction volume of 35.99 million yuan, while the tracked Shanghai Sci-Tech Board Chip Design Index fell by 0.89% [1]. - The ETF has seen an increase of 34 million shares this month, with a total inflow of 31.78 million yuan over the last 11 trading days [2]. Market Trends - The semiconductor industry is currently in a recovery phase, supported by both policy and demand, enhancing the investment value of the Tianhong Sci-Tech Chip Design ETF [2]. - The commercialization of domestic AI large models is accelerating, which is expected to lead to explosive growth in demand for computing power chips [2]. Industry Insights - Institutions believe that the rapid expansion of the downstream application market is driving explosive growth in demand for AI computing acceleration chips, attracting various chip manufacturers [3]. - As Chinese GPU companies continue to make technological breakthroughs, the market size for AI computing acceleration chips is expected to grow rapidly [3]. Expert Opinions - Dongwu Securities highlights that AI applications are pushing traditional mobile and PC chips towards high-end upgrades, necessitating continuous innovation in process technology and architecture design [4]. - Companies that capture the edge computing market and adapt to new AI applications will gain a competitive advantage in the AI landscape [4].

2月23日，港交所一开盘，腾讯和阿里的股价向上45度上涨，收盘价较上个交易日收盘分别上涨3.07% 和3.47%，资本市场用真金白银为春节期间两大AI参与方"投票"，也间接对过去一个月大模型密集落地 做出回应。从除夕夜豆包扛住633亿tokens/分钟的流量洪峰、阿里云发布新模型，到春节期间月之暗面 刷新融资纪录、阿里"千问帮我"下单近2亿次，大厂与小厂共同上演了一场没有旁观者的高频次产品竞 赛。 这场战役的焦点，已不再局限于春晚舞台上的机器人表演。除夕前三天，一位互联网平台类企业市场部 人士还在跟从业者打趣，"春晚的红包活动八成会卡，当年就有公司崩过"。3天后，系统零故障的运行 结果证明了AI基建的成熟。 如今，聚光灯已从台前的具身智能转向了幕后深入千家万户的大模型应用。台上是风景，台下是生活。 曾经，活动不卡顿是春晚"秀肌肉"的底线，如今这只是AI基建成熟的起点。当大模型真正"入户"，一场 关于用户习惯与商业闭环的深层较量进入高潮。 开年激战 大模型的牌桌上，不止大厂；春节的较量，也不止3家。 2月15日，也就是除夕前一天，MiniMax上线MiniMax-M2.5-highspeed版本，主打极致推理。 ...

今日热点导览 TOP 3 大新闻 三亚飞北上广深机票逼近万元，官方出手 2月23日，春节假期进入尾声。海南三大机场将迎来整个春运期间客流峰值日，预计运送旅客将突破 23.2万人次。记者查询 多家在线旅游平台发现，2月22日至23日期间，从三亚飞往北京、上海等核心城 市的直飞航班经济舱几乎全部售罄，仅剩的公务舱票价普遍逼近万元大关。 与此同时，三亚至广州的直飞航班在23日已显示"售罄"；旅客只能选择耗时更久、价格仍高达近万元的 中转方案。深圳航线也不例外，2月22日、23日三亚飞往深圳的直飞机票全部售罄，一直到24号才有直 飞深圳的航班，售价仍超8000元。 面对"天价机票"，航司方面也给出了回应。根据"海口发布"消息，海南航空工作人员表示，春运期间机 票价格受市场供需关系影响出现波动，属于正常现象。所有国内航班经济舱票价均严格按备案价格体系 执行。"我们通过内部系统实时监控票价波动，确保春运期间票价处于合理区间。"另据新华社消息，中 国民航局已批复多个批次航班增加计划，在海口增加超110架次航班，精准执飞上海、北京、成都等热 门目的地。（智通财经、新华社） 史上最贵iPhone要来了，苹果首发折叠屏定价或冲2 ...

Group 1 - The first "bomb" in the commodity market saw a dramatic drop in precious and non-ferrous metal prices, with silver experiencing a price swing of 12% in a single day, indicating a rapid exit of profit-seeking funds [3][4] - Multiple gold-related companies in the A-share market issued warnings about stock price volatility in relation to gold prices, suggesting regulatory guidance aimed at cooling overheated speculation in non-ferrous metals [3][4] - The second "bomb" came from the U.S. stock market, where Microsoft reported strong earnings but faced a sell-off due to concerns over slowing revenue growth in its Azure cloud service and high capital expenditures for AI infrastructure, leading to a 12% drop in its stock price [4][5] Group 2 - Meta's earnings report exceeded expectations, driven by strong advertising performance, resulting in a 9% increase in its stock price, highlighting a shift in market sentiment towards companies that can demonstrate AI's direct impact on profitability [5] - In the domestic market, the dye industry is experiencing a price increase, with disperse dye prices rising to 19 yuan per kilogram and reactive dye prices to 23 yuan per kilogram, indicating a potential turning point for the industry's fundamentals [7] - The commercial aerospace sector is set for significant growth, with projections estimating the market size to reach 2.5 to 2.8 trillion yuan by 2025 and potentially 8 to 10 trillion yuan by 2030, driven by advancements in technology and government support [8] Group 3 - In the AI application sector, there are numerous developments, including the release of new AI models and significant funding negotiations for OpenAI, indicating a strong long-term investment outlook for AI [9] - Trading data from January 29 shows a divergence between retail and institutional investors, with retail investors heavily buying into AI application stocks while institutions were reducing their positions in precious and non-ferrous metals [10] - Institutions are reallocating funds from overbought metal sectors to the chemical sector, particularly dye companies, suggesting a strategic shift in investment focus [10][12]