龙虎榜机构热股 | 上榜热股 | 实时涨跌幅♀ 买/卖家数↕ | | | --- | --- | --- | | 藍色光标 | +19.97% | 2/0 | | 300058.SZ | | | | 海科新源 | +6.35% | 4/2 | | 301292.SZ | | | | 东微半导 | | | | 600761 CC | +20.00% | 1/1 | 蓝色光标 公司针对出海广告主的AI营销工具，全资子公司蓝色宇宙发布一款在线AI视频生产平台——蓝标分身，可以降低了音视频制作的难度。 龙虎榜知名游资 一、脑科学 道氏技术 个股龙虎榜 公司控股子公司香港佳纳以3000万美金认购强脑科技Pre-B轮优先股 赛诺医疗 个股龙虎榜 公司与脑机接口行业伙伴一起为脑机接口价值链提供更安全、更可扩展且更具成本效益的技术支持,以突破性解决方案推动行业跨越式发展 今天机构龙虎榜上榜34只个股，净买入18只，净卖出16只。当日机构买入最多的个股前三位是：蓝色光标（1.86亿）、海科新源（1.17亿）、东微半导 （1.12亿）。 二、半导体 恒烁股份 个股龙虎榜 公司主营存储芯片和MCU芯片，产品包括NOR Flash芯 ...

资料显示，恒烁半导体(合肥)股份有限公司位于安徽省合肥市庐阳区天水路与太和路交口西北庐阳中科 大校友企业创新园11号，成立日期2015年2月13日，上市日期2022年8月29日，公司主营业务涉及存储芯 片和MCU芯片研发、设计及销售。主营业务收入构成为：存储芯片83.57%，微控制器及其他16.37%， 其他业务0.06%。 截至9月30日，恒烁股份股东户数1.01万，较上期增加27.52%；人均流通股6434股，较上期增加6.37%。 2025年1月-9月，恒烁股份实现营业收入3.06亿元，同比增长16.02%；归母净利润-9532.92万元，同比增 长8.83%。 机构持仓方面，截止2025年9月30日，恒烁股份十大流通股东中，华夏行业景气混合A（003567）位居 第三大流通股东，持股324.27万股，相比上期增加9.92万股。 12月31日，恒烁股份跌1.90%，成交额2.46亿元。两融数据显示，当日恒烁股份获融资买入额2347.21万 元，融资偿还2460.47万元，融资净买入-113.26万元。截至12月31日，恒烁股份融资融券余额合计2.66 亿元。 融资方面，恒烁股份当日融资买入2347.21 ...

智通财经APP获悉，据港交所12月29日披露，国民技术股份有限公司(简称：国民技术)(300077.SZ)向港交所主板提交上市申请，中信证券 为其独家保荐人。 根据灼识咨询的资料，按2024年收入计，国民技术在全球平台型微控制器单元市场中，在中国企业中名列前五，而在全球32位平台型 MCU市场中，在中国企业中名列前三。根据灼识咨询的资料，按2024年收入计，公司在内置商业密码算法模块的中国MCU市场中，排名 第一。 自2000年成立以来，国民技术从专业市场芯片向通用MCU，再到边缘AI计算等高端产品逐步实现跨越式发展，2023年，公司也延伸出 BMS芯片、射频芯片等更丰富的产品体系，并于2024年开始产生收入。自2018年明确平台型集成电路设计公司发展方向后，公司先后推 出多款基于Cortex-M0至M7的32位MCU产品，并持续优化芯片尺寸、功耗及性能，实现了从嵌入式控制到边缘智能的场景升级。 早在2019年，国民技术作为首家Fabless集成电路设计公司率先实现通用MCU产品基于40纳米eFlash制程的量产，在全球范围内引领了主 流产品的制程升级潮流，实现了产品在性能、能效等维度大幅提升，显著增强产品在 ...

智通财经APP获悉，据港交所12月29日披露，国民技术股份有限公司(简称：国民技术)(300077.SZ)向港交所主板提交上市申请，中信证券 为其独家保荐人。 公司简介 据招股书，国民技术是一家平台型集成电路设计公司，致力于为各类智能终端提供控制芯片与系统解决方案。公司在消费电子、工业控 制和数字能源、智慧家居、汽车电子与医疗电子多个关键领域实现了产品的广泛应用，成功构建了多元化场景覆盖的产品矩阵。 根据灼识咨询的资料，按2024年收入计，国民技术在全球平台型微控制器单元市场中，在中国企业中名列前五，而在全球32位平台型 MCU市场中，在中国企业中名列前三。根据灼识咨询的资料，按2024年收入计，公司在内置商业密码算法模块的中国MCU市场中，排名 第一。 自2000年成立以来，国民技术从专业市场芯片向通用MCU，再到边缘AI计算等高端产品逐步实现跨越式发展，2023年，公司也延伸出 BMS芯片、射频芯片等更丰富的产品体系，并于2024年开始产生收入。自2018年明确平台型集成电路设计公司发展方向后，公司先后推 出多款基于Cortex-M0至M7的32位MCU产品，并持续优化芯片尺寸、功耗及性能，实现了从嵌入式 ...

华夏行业景气混合A（003567）成立日期2017年2月4日，最新规模89.72亿。今年以来收益58.36%，同 类排名810/8159；近一年收益53.6%，同类排名836/8147；成立以来收益386.01%。 12月29日，恒烁股份跌5%，截至发稿，报57.57元/股，成交4.25亿元，换手率10.96%，总市值47.79亿 元。 华夏行业景气混合A（003567）基金经理为钟帅。 资料显示，恒烁半导体(合肥)股份有限公司位于安徽省合肥市庐阳区天水路与太和路交口西北庐阳中科 大校友企业创新园11号，成立日期2015年2月13日，上市日期2022年8月29日，公司主营业务涉及存储芯 片和MCU芯片研发、设计及销售。主营业务收入构成为：存储芯片83.57%，微控制器及其他16.37%， 其他业务0.06%。 截至发稿，钟帅累计任职时间5年156天，现任基金资产总规模132.6亿元，任职期间最佳基金回报 184.12%， 任职期间最差基金回报-0.15%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只 ...

香港聯合交易所有限公司與證券及期貨事務監察委員會對本聆訊後資料集的內容概不負責，對其準確性或 完整性亦不作任何陳述，並明確表示對因本聆訊後資料集的全部或任何部分內容而引致或因依賴本聆訊後 資料集的全部或任何部分內容而引致的任何損失不負任何責任。 GigaDevice Semiconductor Inc. 兆易創新科技集團股份有限公司 （於中華人民共和國註冊成立的股份有限公司） 的聆訊後資料集 警告 本聆訊後資料集乃根據香港聯合交易所有限公司（「聯交所」）與證券及期貨事務監察委員會（「證監會」）的 要求而刊發，僅用作提供資訊予香港公眾人士。 本聆訊後資料集為草擬本，其所載資料並不完整，亦可能會作出重大變動。 閣下閱覽本文件，即代 表 閣下知悉、接納並向本公司、其聯席保薦人、整體協調人、顧問或包銷團成員表示同意： 本公司招股章程根據香港法例第32章公司（清盤及雜項條文）條例呈交香港公司註冊處處長註冊前，本公 司不會向香港公眾人士提出要約或邀請。倘於適當時候向香港公眾人士提出要約或邀請，有意投資者務請 僅依據呈交香港公司註冊處處長註冊的本公司招股章程作出投資決定；招股章程的文本將於發售期內向公 眾派發。 (a) 本 ...

Group 1 - The core viewpoint of the news is that Zhaoyi Innovation has made significant progress in its Hong Kong listing process, having passed the listing hearing by the Hong Kong Stock Exchange [1] - The company was founded in 2004 and initially focused on memory products, later expanding into MCU, sensors, and PMU, with applications across various industries including industrial, automotive, computing, consumer electronics, IoT, and mobile applications [1] - Zhaoyi Innovation's business is primarily divided into three segments: memory chip products, MCU chip products, and sensor chip products [1] Group 2 - In 2024, Zhaoyi Innovation reported a revenue of 7.356 billion yuan, a year-on-year increase of 27.69%, and a net profit attributable to shareholders of 1.103 billion yuan, a significant increase of 584.21% [2] - For the first three quarters of 2025, the company achieved a revenue of 6.832 billion yuan, a year-on-year growth of 20.92%, with a net profit of 1.083 billion yuan, up 30.18% year-on-year [2] - The company plans to issue H-shares not exceeding 10% of the total share capital post-issuance, with an additional 15% over-allotment option for underwriters, as part of its global strategy to enhance international competitiveness and brand influence [2] - Zhaoyi Innovation's overseas revenue has consistently accounted for over half of its total revenue, with 2024 overseas revenue reaching 5.702 billion yuan, representing 77.51% of total revenue [2] Group 3 - Ten days prior, Zhaoyi Innovation announced that it received a notice from the China Securities Regulatory Commission confirming the filing for its overseas listing of H-shares on the Hong Kong Stock Exchange, with plans to issue up to 51,796,900 shares [3]

Core Viewpoint - The acquisition of 51% stakes in Beitelai and Shanghai Tongtu by the company for 680 million yuan is a strategic move to transform into a technology group, leveraging the growing AI penetration and domestic semiconductor industry advancements [1] Group 1: Acquisition Details - The acquired companies, Beitelai and Shanghai Tongtu, are established leaders in their respective markets, providing a solid foundation for the acquisition's profitability [2] - Beitelai has a strong market position in fingerprint recognition chips, holding the top market share in smart lock applications, and has shown a turnaround in profitability with revenues of 166 million yuan and net profits of 17.73 million yuan for the first eight months of 2025 [2] - Shanghai Tongtu focuses on high-growth display processing and IP licensing, with its RISC-V architecture chip leading the high-end OLED smartphone market, achieving revenues of 105 million yuan and net profits of 18.88 million yuan in the same period [3] Group 2: Financial Performance and Risk Management - Both companies have established a virtuous cycle of "technical advantage - market share - profit growth," ensuring that the acquisition is not merely a technical concept [2] - Performance guarantees are in place, with cumulative net profits of no less than 150 million yuan for both companies from 2026 to 2028, providing a safety net for the investment [3] - The acquisition includes a performance incentive mechanism, rewarding the sellers for exceeding profit targets, thereby aligning their interests with the company's [3] Group 3: Strategic Synergy and Market Positioning - The acquisition aims to create a synergistic ecosystem, enhancing product complementarity and customer sharing, which is expected to drive revenue growth [4] - The integration of existing chip products with the new acquisitions will expand application scenarios into eight major fields, significantly increasing the product line [5] - The collaboration is projected to boost revenue growth by 7-10 percentage points, potentially adding 20-30 million yuan in revenue from customer synergies alone [6] Group 4: Market Opportunities and Product Development - The company benefits from a built-in market for its chips through its outdoor equipment sales, which can directly drive chip sales [7] - The focus on developing outdoor-specific chips will create differentiated products with no direct competition, enhancing the company's pricing power [8] - The dual approach of internal consumption and external market expansion effectively addresses the commercialization challenges faced by pure chip companies [8] Group 5: Long-term Growth Potential - The integration of chip technology with outdoor applications positions the company favorably in the market, aligning with current trends that favor technology and scenario integration [8] - The acquisition strengthens the company's dual business model of "outdoor + chips," enhancing its long-term growth potential and market competitiveness [8]

Market Overview - The A-share market experienced a significant increase, with the Shanghai Composite Index closing above 3900 points, marking a rise of 0.65% to 3914.01 points on December 1, 2025 [3] - The total market turnover surged to 1.89 trillion yuan, an increase of 18.3% compared to the previous trading day, indicating a broad recovery in market sentiment [3] Stock Market Analysis - The technology and cyclical sectors led the gains, particularly in consumer electronics, with notable increases in smart speakers, MCU chips, and TWS headphones, rising by 5.86%, 4.88%, and 3.37% respectively [4] - The insurance sector showed a decline of 0.76%, suggesting a decrease in defensive market sentiment [4] - The upcoming Central Economic Work Conference is anticipated to provide stronger economic stimulus signals, which could benefit cyclical sectors like industrial metals and building materials [4][6] Bond Market Analysis - The government bond futures market showed mixed performance, with the 10-year contract rising by 0.12% to 108.040 yuan, while the 30-year contract fell by 0.08% to 114.37 yuan [7] - The central bank's net withdrawal of liquidity did not hinder the overall easing of the funding environment, with short-term interest rates remaining low [7][8] - The bond market is expected to remain range-bound in the short term, influenced by the upcoming Central Economic Work Conference and the evolution of credit risks in the real estate sector [8] Commodity Market Analysis - The commodity index rose by 0.93%, driven by significant gains in precious metals, with silver prices reaching a historical high and copper prices hitting a yearly peak [9][10] - The black coal market rebounded after previous declines, with coking coal and coke prices increasing by 2.86% and 2.73% respectively, supported by supply constraints and improved market sentiment [11] Trading Hotspots - Recent popular investment themes include dividend stocks due to attractive yields and risk-averse positioning, AI applications driven by accelerated capital expenditures from global tech giants, and consumer sectors benefiting from currency appreciation and market style shifts [13] - The current market is characterized as being in a policy preheating phase, with recommendations for balanced allocations between technology and dividend stocks to mitigate sector rotation risks [13]

- The report does not contain any quantitative models or factors for analysis