自2025年以来，以生成式AI与空间计算为核心的科技浪潮，正以史无前例的深度与广度重塑千 行百业。从AI PC的算力爆发到智能座舱"第三空间"概念的深化，再到AR眼镜开启轻量化交互 的新纪元，显示技术正处在这场变革风暴的中心，从底层材料到应用生态迎来全维度的重构。 在技术演进的激烈交锋中，各主流技术路线迎来重要拐点： MLED中大尺寸：迈向体验革命与跨界应用 Mini LED背光技术攀上"RGB色彩"高峰。凭借极致的色彩纯度、万级分区控光与超高对比度， RGB Mini LED背光技术正备受终端品牌与全产业链的狂热期待，成为高端电视、专业显示 器，乃至电竞显示进阶的战略高地。 Micro LED迎来商业化落地与新利基点的开拓。随着COB技术的成熟、MiP技术的进步以及产 业链的协同，Micro LED在大尺寸商显及家用市场加速渗透。更具前瞻性的是，Micro LED已 开始在光通信等非显示应用领域寻得新的利基点，为产业开启了第二增长曲线。 OLED中大尺寸：国产化加速与全球竞逐 国产材料"加速跑"。随着核心专利与材料瓶颈的相继攻克，国产OLED材料产业逐渐步入"自主 可控、技术突破与产能扩张"并进的新阶段。 ...

资讯日报：伊朗战争刺激美通胀担忧 股票市场概览 港股市场表现 2026 年 3 月 3 日 资讯日报 海外市场主要股市上日表现 | 指数 | 收盘价 | 日常跌 (%) | 間微跌 (%) | 年初至今 湖铁 | | --- | --- | --- | --- | --- | | | | | | (%) | | 恒生指数 | 26.060 | | (2.14) | 1.67 | | 恒生科技 | 4.989 | | (2.89) | (9.55) | | 恒生国企 | 8.702 | | (1.78) | (2.38) | | 上证指数 | 4.183 | 0.47 | 0.47 | 5.39 | | 日经225 | 58.057 | (1.35 | (1.35) | 15.33 | | 新加坡海峡 | 4.891 | | (2.09) | 0.00 | | 标普500 | 6.882 | 0.04 | 0.04 | 0.53 | | 纳斯达克 | 22,749 | 0.36 | 0.36 | (2.12) | | 道原斯TV | 48.905 | (0.15) | (0.15) | 1.75 | | 法国C ...

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2026年2月28日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 瑞聲科技控股有限公司（於開曼群島註冊成立之有限公司） 呈交日期: 2026年3月2日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02018 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | USD | | 0.01 USD | | 50,000,000 | | 增加 / 減少 (-) | | | | | | USD | | | | 本月底結存 | | | 5,000,000,000 | USD | | 0.01 USD | | 50,000,000 | 本月底法定/ ...

Key Insights - The report highlights the competitive landscape in the AI sector during the Spring Festival, with major players like ByteDance, Alibaba, and Tencent achieving significant user engagement and interaction through their AI applications [1][8] - The report discusses the advancements in autonomous driving, including legislative support in the US and significant developments from companies like Tesla and Waymo, indicating a growing market for self-driving technology [2][9] - The US Supreme Court's ruling against the "reciprocal tariffs" imposed by the Trump administration is expected to impact trade dynamics significantly, affecting various sectors [3][10] Recent Key Events - ByteDance's AI model generated over 50 million new year avatars and achieved 19 billion interactions during the Spring Festival, showcasing its strong user engagement [1][8] - Alibaba's "Qianwen" app facilitated nearly 200 million orders during the holiday, with a notable user base of older adults successfully utilizing the service [1][8] - Tencent's user engagement metrics reached new highs, with over 50 million daily active users during the Spring Festival, reflecting the effectiveness of its promotional activities [1][8] Market Situation - The Hang Seng Index fell from 27,387 points at the end of January to 26,381 points by February 26, marking a decline of 3.7% [11] - The Hang Seng Technology Index experienced a more significant drop of 10.6% during the same period [11] - Net inflows from southbound trading reached 75.6 billion HKD in February, indicating a positive trend in capital movement [12] Current Investment Recommendations - Focus on growth-oriented real estate and energy companies such as Beike-W, China Qinfa, and Power Development, which are expected to perform well in the current market [21] - Consider companies benefiting from the adjustment of the Hong Kong Stock Connect, like Leshushi, which is positioned for growth in the African hygiene products market [21] - Internet companies like Alibaba and Tencent are recommended due to their advancements in AI and strong market positions [21] Company-Specific Insights - Beike-W (2423.HK) is positioned as a leader in the real estate brokerage sector, with expected net profits of 37.1 billion CNY in 2025, reflecting a growth trajectory despite market challenges [22][24] - China Qinfa (0866.HK) is transitioning away from coal operations in Shanxi and focusing on its growing Indonesian coal business, with projected profits of 6.1 billion CNY by 2026 [25][26] - Leshushi (2698.HK) is a leading player in the African hygiene products market, with a projected net profit growth of 18.5% in 2025, driven by increasing market penetration [35][36] - Alibaba (9988.HK) is enhancing its AI capabilities with the launch of the Qwen3.5 model, which is expected to drive significant revenue growth across its platforms [39][40] - Tencent (0700.HK) is experiencing strong growth in its gaming and advertising segments, with a projected revenue increase to 7,530 billion CNY by 2025 [44][46]

Core Insights - The report highlights changes in the Hong Kong Stock Connect holdings, indicating significant increases and decreases in ownership percentages for various companies. Group 1: Recent Increases in Holdings - VITASOY INT'L (00345) saw an increase of 0.09%, bringing its latest holding percentage to 3.75% [1] - 恒生科技ETF (03032) increased by 0.04%, with a current holding of 18.49% [1] - 永升服务 (01995) experienced a rise of 0.01%, now holding 4.57% [1] - 南方东西精选 (03441) had the largest increase over five days at 18.46%, reaching 41.03% [4] - 喜相逢集团 (02473) increased by 10.04%, with a holding of 45.14% [4] - 兆易创新 (03986) rose by 4.95%, now at 6.65% [4] Group 2: Recent Decreases in Holdings - 南方恒生科技 (03033) experienced the largest decrease of -0.14%, with a current holding of 68.87% [2] - 医渡科技 (02158) decreased by -0.03%, now at 22.59% [2] - 盈富基金 (02800) saw a reduction of -0.02%, with a holding of 3.49% [2] - 山东墨龙 (00568) had a five-day decrease of -1.30%, now at 53.56% [5] - 亿华通 (02402) decreased by -1.00%, with a holding of 27.49% [5] - 国富氢能 (02582) saw a reduction of -0.90%, now at 20.14% [5] Group 3: Long-term Trends in Holdings - Over a 20-day period, 喜相逢集团 (02473) had the highest increase of 42.45%, reaching 45.14% [6] - 南方东西精选 (03441) increased by 27.31%, now at 41.03% [6] - 钧达股份 (02865) rose by 15.74%, with a holding of 64.80% [6] - 天齐锂业 (09696) experienced a significant decrease of -6.48%, now at 31.50% [6] - 金风科技 (02208) decreased by -5.88%, with a holding of 42.49% [6]

昨日（2月24日），港股科技方向走低。国证港股通科技指数(987008.SZ)下跌2.47%，该指数成分股 中，华虹半导体上涨超3%，小鹏汽车-W上涨超1%，百济神州上涨0.65%，瑞声科技上涨0.31%，同程 旅行下跌0.09%。 相关ETF方面，Wind数据显示，港股科技ETF天弘（159128）昨日全天成交额为1.06亿元，溢折率为 0.69%，盘中获净申购超8000万份。 资金流向方面，Wind数据显示，2月13日该ETF净流入额为6655.05万元，截至2月13日，已连续25个交 易日获资金净流入，累计净流入额为8.49亿元。该ETF最新流通份额为27.28亿份，最新流通规模为 24.32亿元。 港股科技ETF天弘（159128）紧密跟踪港股通科技指数，成分股均属于沪深港通标的，不受QDII额度 的限制，可T+0交易，该ETF还配备了场外基金联接A（024885）、联接C（024886）。 消息面上，据智通财经，全球最大AI开源社区Hugging Face公布新一期开源大模型榜单，阿里巴巴最新 开源的原生多模态模型千问3.5登顶全球榜首。在最新一期Hugging Face模型榜单前十中，有8款来自中 ...

手机产业链全线上涨，截至发稿，丘钛科技(01478)涨7.89%，报9.3港元；瑞声科技(02018)涨4.77%，报 38.66港元；舜宇光学(02382)涨4.3%，报59.4港元；高伟电子(01415)涨2.88%，报29.28港元。 消息面上，根据Omdia的测算，2025年全球智能手机出货量同比增长2%，达到12.5亿部。25Q4全球智 能手机市场同比增长4%，这一增长得益于季节性需求回升和库存管理改善，但是部分厂商开始受到零 部件成本上升的影响。Canalys预计2025年AI手机渗透率将达到34%，端侧模型的精简以及芯片算力的 升级将进一步助推AI手机向中端价位段渗透。 中银国际表示，AIGC技术将推动端侧产品向语音、动作等多模态交互演进，交互中枢由传统App体系 转向AI智能体，用户与App的直接关联逐步弱化，豆包手机助手已体现出这一趋势雏形。尽管产品仍处 于早期阶段，但随着功能成熟与体验优化AI交互模式的革命性改变预期能够带动端侧换机热潮，而这 一趋势可能在未来1-3年就有望上演，催化AI产业链中下游行情。 ...

Group 1: Stock Recommendations - 吉利汽车 (Geely Auto) has a market cap of $23.4 billion, with a target price of $25.00, indicating an upside potential of 48%[5] - 正力新能 (Zhengli New Energy) has a market cap of $2.8 billion, with a target price of $18.00, indicating an upside potential of 113%[5] - 极兔速递 (Jitu Express) has a market cap of $12.2 billion, with a target price of $13.40, indicating an upside potential of 25%[5] - 三一国际 (Sany International) has a market cap of $6.2 billion, with a target price of $20.60, indicating an upside potential of 37%[5] - 瑞幸咖啡 (Luckin Coffee) has a market cap of $11.0 billion, with a target price of $54.68, indicating an upside potential of 41%[5] Group 2: Performance Overview - The basket of 26 long positions had an average return of -2.3%, outperforming the MSCI China Index, which returned -2.4% by 0.1 percentage points[10] - Out of the 26 stocks, 11 had returns exceeding the benchmark[10] - The report includes a new addition of Datadog (DDOG US) to the buy list, while Salesforce (CRM US) has been removed[7]

Core Viewpoint - The mobile industry chain experienced a significant increase in stock prices during early trading, indicating positive market sentiment towards the sector [1][2]. Company Performance - Q Technology (01478) saw a rise of 6.73%, reaching HKD 9.20 [1][2]. - AAC Technologies (02018) increased by 5.20%, with shares priced at HKD 38.82 [1][2]. - Sunny Optical Technology (02382) rose by 3.95%, trading at HKD 59.20 [1][2]. - GoerTek (01415) experienced a 2.11% increase, with shares at HKD 29.16 [1][2].

Group 1 - The Hong Kong stock market for the mobile industry chain has seen a significant increase, with all listed companies in the sector rising [1] - Q Technology (01478.HK) experienced a rise of 7.89%, reaching HKD 9.3 [1] - AAC Technologies (02018.HK) increased by 4.77%, trading at HKD 38.66 [1] - Sunny Optical (02382.HK) rose by 4.3%, with a price of HKD 59.4 [1] - GoerTek (01415.HK) saw an increase of 2.88%, priced at HKD 29.28 [1]