预计年中将迎各主要模型公司大版本更新 4月科技板块强势修复，硬件端显著跑赢软件端，AI算力链景气度领先。海外模型进入“御三家”时代，各家围绕Coding与Agent能力的军备竞赛持续，Anthropic 最新年度经常性收入（ARR）已超440亿美元，以谷歌为代表的大厂Q1财报显示AI相关业务持续加速，四家大厂（微软、谷歌、亚马逊、Meta）进一步将全年Capex指引从~6650亿美元上修至~7000亿美元，进而带动本轮算力链超级通胀周期。 光通信仍为算力链最景气方向，中际旭创连续四季收入环比增长，但上游物料保供能力分化业绩，新易盛等因物料供应问题导致短期承压，市场关注点与定价逻辑逐步从需求与订单能见度切换至上游供应链。存储涨价主线仍未结束，DRAM、NAND Flash合约价大幅上行，AI需求与HBM产能切换双重驱动。涨价已从存储全面扩散至被动元件、模拟芯片、功率器件、电子布全链条，CCL、MLCC等后周期环节景气逐步升温。国产算力进入正循环，DeepSeek V4深度适配昇腾，国产算力芯片逐步迎来从“能用”到“好用”的拐点，950PR出货在即，寒武纪、海光信息等一季报高增验证景气度，国产两存与先进制程扩产推动半导体设备国产化率持续提升。 展望5-6月，模型进入周级迭代新阶段，预计年中将迎各主要模型公司大版本更新，商业化加速进入正循环。景气不止、行情不止，建议坚守科技景气四条主线：1）即将进入版本迭代窗口、ARR仍在快速提升的国产大模型公司；2）受益于国产两存与先进制程持续扩产、国产化率持续提升的半导体设备公司；3）光通信具备物料保供能力的业绩高确定性龙头，与上游供应紧张、具备涨价预期的光芯片公司；4）AI敞口逐步提升的算力链上游，如MLCC、模拟、电子布、CCL等环节。同时提示自动驾驶与人形机器人低位弹性方向，静待更多催化。 ▍ 市场回顾：4月科技板块强势修复但内部分化加剧，硬件端显著跑赢软件端，AI算力链景气度领先。 纵向对比来看，A股科创50单月涨25.05%领涨市场，创业板指上涨15.45%大幅跑赢大盘；港股恒生科技上涨4.76%显现阶段性企稳；美股费城半导体指数暴涨35.36%，年初至今累计上涨45.01%。横向对比来看，硬件侧电子、通信4月分别上涨23.64%、22.82%，其中元器件（+33.11%）、消费电子（+28.75%）大幅领跑；相较而言，软件...

商业航天板块震荡上扬，电科蓝天涨超10%，航天长峰涨超6%，烽火通信、凌云股份、春晖智控纷纷上扬。

《科创板日报》5月8日讯（编辑 宋子乔） 工信微报今早发文称，为进一步推动我国6G技术研发、标准研制与产业化进程， 工业和信息化部近日向IMT-2030（6G）推进组批复6GHz频段6G试验频率使用许可，支持其在部分地区开展6G技术试验，面向国际电信联盟确定的6G典型场景与关键性能指标，开展技术研发攻关和测试验证 。此次批复6G技术试验频率，将有力推动我国6G高质量发展。 6G已被列入我国未来产业重点方向，当前我国已圆满完成6G第一阶段技术试验，累计突破300多项关键核心技术，2026年1月正式启动第二阶段试验，持续至2027年底。 此次政策落地有望在技术上补齐国内外场实测短板，夯实6G核心性能验证基础。有了国家频率许可，工程师可以在真实的城市、工业场景中测试信号穿透力、设备干扰等现实问题，让6G走出纸面。 此次批复的6GHz频段（6425-7125MHz）共700MHz连续带宽，被通信界称为“黄金频谱” 。该频段介于低频广覆盖与毫米波高容量之间，兼具覆盖距离远、传输带宽大、时延低、绕射能力强优势，既能满足6G全息通信、工业互联、低空经济、智慧算力等典型场景需求，又可兼顾基站组网成本与终端适配难度，是全球公认6G商用初期最核心的主力频段，也是5G向6G平滑演进的关键频谱资源。 IMT-2030（6G）推进组是国内6G研发顶层统筹平台，由中国信息通信研究院牵头，整合工信部、科研院所、三大运营商，联合华为、中兴、小米、OPPO、vivo等通信企业及高校科研机构组成，承担技术攻关、标准制定、试验统筹核心职能。 值得注意的是，2018年12月，工信部向运营商发放5G试验频率，距离2019年6月正式商用仅约半年时间。而此次6G频谱批复，距离业内普遍预计的2030年商用还有4-5年。 6G为AI原生网络 产业链覆盖芯片、设备等多环节 全球6G竞赛正酣，阿联酋已率先发布U6GHz商用计划，美国也在推动频谱腾退。 2026年3月2日，高通在MWC巴塞罗那展会期间，牵头成立全球6G发展联盟，联合约60家全球产业链企业，共建AI原生6G网络标准， 计划2028年完成预商用验证，2029年启动全球商用部署，较行业普遍预期的2030年商用节点提前落地 。 该联盟将6G定位为 AI原生网络 ，聚焦终端、网络、云基础设施三大架构，以连接、广域感知、高性能计算为核心技术支柱，打造具备AI自智能力...

据消息人透露，国产大模型公司阶跃星辰将完成近25亿美元融资，并已拆除红筹架构。据悉，公司最新融资中，产业链资本集中入场，包括华勤、龙旗、豪威、中兴等，覆盖从整机制造到上游核心器件多个环节。产业资本的入局，背后是模型能力向终端迁移的确定性趋势。工商信息显示，公司已于4月完成股改，由有限责任公司变更为股份有限公司。知情人士称，其红筹架构亦已拆除，这通常被视为赴港IPO的关键前置步骤。此外，“港版淡马锡” 香港投资管理有限公司（HKIC）也出现在股东名单中，为其赴港上市提供了进一步背书。(蓝鲸新闻)

騰訊控股(00700)出現大手買入6.63萬股，成交價$469.0，涉資3.109千萬 AASTOCKS.com

騰訊控股(00700)出現大手賣出1.7萬股，成交價$468.8，涉資796.96萬 AASTOCKS.com

记者今天（8日）从最高人民检察院获悉，中国东方航空集团有限公司原党组书记、董事长刘绍勇涉嫌受贿一案，由国家监察委员会调查终结，移送检察机关审查起诉。最高人民检察院依法以涉嫌受贿罪对刘绍勇作出逮捕决定，并指定由辽宁省沈阳市人民检察院审查起诉。近日，沈阳市人民检察院已向沈阳市中级人民法院提起公诉。 检察机关在审查起诉阶段，依法告知了被告人刘绍勇享有的诉讼权利，并讯问了被告人，听取了辩护人的意见。检察机关起诉指控：被告人刘绍勇利用担任中国东方航空股份有限公司总经理，中国南方航空集团公司总经理兼中国南方航空股份有限公司董事长，中国东方航空集团公司（后更名为中国东方航空集团有限公司）总经理、董事长兼中国东方航空股份有限公司董事长等职务上的便利以及职权或者地位形成的便利条件， 为他人谋取利益，非法收受他人财物，数额特别巨大，依法应当以受贿罪追究其刑事责任。

大埔宏福苑火災獨立委員會，繼續舉行聽證會。 今日作供的包括民政事務總署副署長易志宏，和時任房屋局獨立審查組總監劉輔國。 審查組小型工程組主管容兆倫昨日作供時指，審查工程時以為後樓梯的「生口」，是臨時保護措施或窗戶破損，無意識到是讓人出入。 而屋宇署及消防處代表早前作供時指，「生口」明顯違法，消防角度亦不可接受，容兆倫亦同意現行制度有極大問題。 委員會主席陸啟康就指，容兆倫回應令人感覺解釋牽強，有推卸責任的感覺，但容兆倫否認，強調如果知道屋宇署做法會跟隨。

“很久没有这种情况了。”“4·29新政”落地后的第一个小长假，深圳楼市出现久违的交易加速。 五一假期5天，贺青松所在的门店签下5套二手房，而在传统旺季3月，门店整整一个月也只成交了5单。作为商圈经理，他明显感受到市场节奏正在变化：咨询量从平日每天二十多组增加到三四十组，带看、签约同步升温，一些客户的决策周期明显缩短。 其中一笔成交颇具代表性。一位已持有两套住房的买家，在“4·29新政”出台后，在南山购入一套总价100多万元的小户型，准备给父母居住。“既方便就近照顾老人，小户型未来也容易出租，客户很快就下定了。”贺青松告诉时代财经，新增的购房名额成为促成交易的关键因素。 4月29日，深圳市住房和建设局发布《关于进一步优化调整本市房地产相关政策的通知》，进一步松绑核心区限购：符合条件的居民家庭，可在福田、南山及宝安新安街道范围内增购1套商品住房；持有效居住证的非深户家庭也获得了上述区域的购房资格。福田、南山、宝安新安，被业内称为“核心区”，是目前深圳仍然保留限购政策的区域，也是购买力最为集中的区域。 4月30日，广州也释放楼市利好，不仅大幅提高公积金贷款额度，家庭最高可贷360万元，还首次对“卖旧买新”给予最高3万元补贴。 乐有家数据显示，5月1日至5日，深圳一手住宅看房量同比上涨28%，二手住宅看房量上涨27%；一手住宅门店签约量同比上涨48%，二手住宅签约量则大涨62%，看房量和签约量均创近6年同期新高。 广州市场同样回暖。广州市住建局数据显示，5月1日至5日，全市一手楼盘日均到访8692组次，同比增长30.8%；日均认购634套，同比增长50.1%。 外地买家进场，持居住证购房兴起 张哲赫和同事们从4月27日起就开始为五一做准备。“4·29新政”落地后，这个假期比预想中更加忙碌。 他告诉时代财经，假期期间门店带看超过50批客户，而整个4月的带看量为80多批。“现在还是刚需客户为主，大部分是本地客户，出来看房主要是因为价格已经到了他们的心理预期。” 比带看量增长更明显的是成交决策提速。张哲赫门店成交的两组客户中，一组4月30日进线咨询，5月3日完成签约；另一组则在5月1日咨询、5月3日成交，均为一次性付款。 贺青松也感受到类似的变化。五一期间，门店成交的5组客户中，有3组当天看房、当天签约。“很多客户前期已经看了很久，只差一个契机。政策出来后，他们做决定的周期明显缩...

【阶跃星辰将完成近25亿美元融资 加速冲刺港股IPO】《科创板日报》8日讯，据消息人士向《科创板日报》记者透露，国产大模型公司阶跃星辰将完成近25亿美元融资，并已拆除红筹架构。据悉，公司最新融资中，产业链资本集中入场，包括华勤、龙旗、豪威、中兴等，覆盖从整机制造到上游核心器件多个环节。产业资本的入局，背后是模型能力向终端迁移的确定性趋势。工商信息显示，公司已于4月完成股改，由有限责任公司变更为股份有限公司。知情人士称，其红筹架构亦已拆除，这通常被视为赴港IPO的关键前置步骤。此外，“港版淡马锡” 香港投资管理有限公司（HKIC）也出现在股东名单中，为其赴港上市提供了进一步背书。（记者 黄心怡）

Earnings Call Insights: SUI Group Holdings Limited (SUIG) Q1 2026 Management View "We hold a treasury of over 108 million SUI tokens and are actively deploying it within the ecosystem to build partnerships with protocols that are creating durable utility" (Chairman of the Board Marius Barnett). "SUI Group is uniquely positioned within the ecosystem as the only publicly traded company with an official relationship with the Sui Foundation" (Chairman Barnett). "As of May 4, 2026, we hold approximately 108.7 million SUI, including digital asset loans" and "the majority of this position is actively staked, generating roughly 5,200 SUI per day" (Chief Investment Officer Stephen Mackintosh). "Since initiating our treasury strategy in July 2025, staking and lending activity have generated approximately 1.3 million SUI in cumulative income" and "stablecoin transfer volume on Sui surpassed $1 trillion in the first quarter" (CIO Mackintosh). "Though this quarter saw increased credit risk and uncertainty regarding borrower delinquencies, we believe the specialty finance platform can help create a balanced framework" (CEO Douglas Polinsky). "Total adjusted revenue, including investment income and other income for the first quarter of 2026, increased to $1.4 million" and "our first quarter 2026 results include approximately $71 million of noncash losses on digital assets and receivables" (CFO Joseph Geraci). Outlook "We took the precaution to remove all our SUI that were in DeFi ecosystems directly onto DeFi protocols out of an abundance of caution" (Chairman Barnett). "We expect to end the year at approximately 3% to 4%. We had planned to end the year probably slightly higher" (Chairman Barnett). "We are looking to advance a few other lends on that basis" and "we hope to announce a few things in the coming quarters of similar types of transactions" (Chairman Barnett). "From an equity investment perspective, I think there are 4 main sectors that we're looking at: one, AI; two, st...

Earnings Call Insights: Seaport Entertainment Group (SEG) Q1 2026 Management view "To start the year, we completed the sale of 250 Water Street, generating more than $75 million of liquidity and eliminating ongoing carry costs," said "CEO, President & Director Matthew Partridge"; he also said SEG "leased the Tin Building to Lux Entertainment" for the Balloon Museum, opened "Sadie's Restaurant in Garden Bar," and added that "during the first quarter, we generated a 21% year-over-year improvement in our non-GAAP adjusted net loss." Partridge framed the quarter as a strategic inflection point, saying, "Said differently, this is the turning point," and tied the strategy to "real estate assets with market-specific multi-revenue ecosystems" supported by programming, “year-round experience-led anchors,” and tenant/brand partnerships including Public Service/Public Records. "Executive VP, CFO & Treasurer Lenah Elaiwat" said, "Beginning with the first quarter of 2026, our segment reporting measure used for reporting the performance of the Hospitality, Entertainment and Landlord Operations segments is operating EBITDA," and described it as excluding "nonrecurring and below-the-line income and expenses" to reflect "core performance." Outlook Partridge said the Pier 17 expanded event space remained a priority and set expectations on timing: "We're refining the scope and timing, but we currently expect to have the space operational by mid-2027," adding, "Hopefully, we're ready to go earlier than that because we want to start booking events as soon as we can." On major Seaport demand drivers and timing, Partridge pointed to "the Balloon Museum opening later this summer" and "the Meow Wolf opening late 2027 or early 2028" as anchors intended to drive "consistent visitation" and "increased spending in adjacent businesses." In Q&A on capital plans, Partridge reiterated the Seaport stabilization spend, saying, "Yes, I think the $70 million to $90 million is still the number," and des...

Earnings Call Insights: Cytek Biosciences (CTKB) Q1 2026 Management View "First quarter 2026 revenue was $44.1 million, representing 6% growth year-over-year compared to $41.5 million in Q1 2025," said President, CEO & Chairman of the Board Wenbin Jiang, adding that the quarter reflected "a return to normal market conditions in the U.S." and "continued secular growth in APAC, excluding China." Jiang highlighted mix and platform momentum, saying "strong customer demand for the Cytek Aurora Evo analyzer" supported results, while "our growing installed base continues to fuel expansion in our service and reagent businesses" with recurring revenue rising as a share of total. Jiang outlined geographic drivers and disruptions: "in the U.S., first quarter revenue was $24.4 million, an increase of 32%," while "in EMEA, first quarter revenue was $10.8 million, a decrease of 7%," citing "disruption caused by the conflict in the Middle East" and "an end of quarter shipment delay." Jiang emphasized recurring revenue and utilization, saying recurring revenue was "35% of total revenue" and that "service revenue alone grew 15% year-over-year to $15.4 million," while reagent revenue grew "mid-teens" year-over-year. Jiang described portfolio and ecosystem progress: "adding 125 units" brought the installed base to "3,789 units," and "Cytek Cloud has grown to more than 26,000 users," which he said "strengthens and enhances customer engagement." Jiang announced an organizational shift: "we have been planning to refocus our operations into 3 distinct customer aligned business units, which will be completed in the third quarter of this year," aimed to "expand Cytek's share of the reagent and low mid-tier instrument market" and support "clinical research" growth. Chief Financial Officer William McCombe reiterated the quarter’s regional puts-and-takes and said, "Product revenue comprised of instruments and reagents was $28.8 million," while "Service revenue was $15.4 million," adding that Q...

5月7日，北京市规划和自然资源委员会网站发布了2026年第四轮拟供应商品住宅用地清单，共涉及5宗地，土地面积约14公顷，建筑规模约29万平方米，上述用地拟于近期供应。 本轮清单项目全部位于轨道站点周边，在聚焦中心城区成熟板块的同时，兼顾多点地区需求突出区域。其中，丰台区2宗，通州、大兴和昌平区各1宗。具体如下： 丰台区分钟寺新村土地一级开发项目二期A区103地块，位于丰台区成寿寺街道，三环至四环之间，邻近地铁10号线分钟寺站。周边有新业广场、时代LIFE购物中心、北京中医药大学东方医院方庄院区、方庄城市公园等生活配套设施。 丰台区分钟寺新村土地一级开发项目二期A区103地块 丰台区南苑湿地城中村A区FT00-2302-0001地块，位于丰台区花乡街道，四环至五环之间，邻近地铁19号线新发地站。周边有万达广场（北京槐房店）、北京华联BHG Mall（公益西桥店）、北京博爱医院、槐新公园、海子公园、南苑森林湿地公园等生活配套设施。 丰台区南苑湿地城中村A区FT00-2302-0001地块 通州区老城平房（同仁堂）棚改项目FZX-0302-6037地块，位于通州区九棵树街道，五环至六环之间，紧邻地铁1号线土桥站。周边有梨园主题公园、湾里·王府井WellTown、北京中医药大学东直门医院（通州院区）等生活配套设施。 通州区老城平房（同仁堂）棚改项目FZX-0302-6037地块 大兴区大兴新城东组团DX00-0201-0209地块，位于大兴区林校路街道，五环至六环之间，紧邻地铁4号线大兴线黄村火车站站。周边有大兴大悦春风里、新辰天地购物中心、北京市大兴区人民医院、中国中医科学院广安门医院南区、念坛公园等生活配套设施。 大兴区大兴新城东组团DX00-0201-0209地块 昌平区朱辛庄新区CP01-0801-0055、CP01-0801-0057地块，位于昌平区史各庄街道、沙河镇，五环至六环之间，紧邻地铁8号线与昌平线换乘站朱辛庄站。周边有万达广场、北京超极合生汇、北京积水潭医院（回龙观院区）、知辛公园等生活配套设施。 昌平区朱辛庄新区CP01-0801-0055、CP01-0801-0057地块 本文来自微信公众号 “北京规划自然资源” ，作者：规划自然资源小编，36氪经授权发布。

(RTTNews) - The Thai Stock market has finished lower in two of three trading days since the end of the four-day winning streak in which it had rallied almost 40 points or 2.7 percent. The Stock Exchange of Thailand now sits just above the 1,505-point plateau and it may take furth

Rawf8/iStock via Getty Images As we move through the Q1 earnings season, a skyrocketing stock market means we have to worry about more than just macro-driven earnings headwinds and geopolitical tensions in the Middle East . Valuations are becoming a concern as well, especially in very concentrated pockets of the stock market. And yet it's not all just chip stocks and energy stocks that have re-rated upward. Stocks that are perceived as safe plays have garnered tremendous investor attention this year amid widespread AI fears plaguing prospects for software companies. VeriSign ( VRSN ), the domain name registry that controls the ".com" and ".net" domain names, has beaten the stock market with a surprising ~15% gain this year, rallying further after a recent Q1 beat-and-raise. Data by YCharts I last wrote a "Sell" article on VeriSign in February, when the stock was trading in the low $200s. My bearishness on VeriSign, which was primarily a valuation-driven judgment, was premature. It's clear that the company's very stable retention trends offer a healthy contrast against a stock market that is nervous about AI-driven disruption, and given the company's expectations for stronger net domain name growth this year, I think the company is on stronger footing. I'm raising my rating on VeriSign to "N eutral." At current share prices, I see a rather balanced bull and bear case for the company. On the bright side for VeriSign: Stable, predictable business with potential secular growth tailwinds. No matter the economic climate or AI-driven disruption, all businesses will still need to create websites, and the company's monopoly over the ".com" and ".net" domains makes it virtually an unavoidable tax on doing business on the internet. AI-driven startup creation may be helping VeriSign sign up net-new domains. The business is lean with nearly pure profit. Operating margins are nearly 70%. This makes sense, as VeriSign offers an essentially commoditized service that sells itself an...

记者5月8日从最高人民检察院获悉，中国东方航空集团有限公司原党组书记、董事长刘绍勇涉嫌受贿一案，由国家监察委员会调查终结，移送检察机关审查起诉。最高人民检察院依法以涉嫌受贿罪对刘绍勇作出逮捕决定，并指定由辽宁省沈阳市人民检察院审查起诉。近日，沈阳市人民检察院已向沈阳市中级人民法院提起公诉。 检察机关在审查起诉阶段，依法告知了被告人刘绍勇享有的诉讼权利，并讯问了被告人，听取了辩护人的意见。检察机关起诉指控：被告人刘绍勇利用担任中国东方航空股份有限公司总经理，中国南方航空集团公司总经理兼中国南方航空股份有限公司董事长，中国东方航空集团公司（后更名为中国东方航空集团有限公司）总经理、董事长兼中国东方航空股份有限公司董事长等职务上的便利以及职权或者地位形成的便利条件，为他人谋取利益，非法收受他人财物，数额特别巨大，依法应当以受贿罪追究其刑事责任。(新华社)

騰訊控股(00700)出現大手買入1.61萬股，成交價$468.8，涉資754.768萬 AASTOCKS.com

中芯國際(00981)出現大手買入16.65萬股，成交價$73.4，涉資1.222千萬 AASTOCKS.com

据同花顺iFinD数据，开盘半小时，沪深京三市成交额达9809亿元，较上日此时缩量578亿元，预计全天成交金额约3万亿。

国民技术今日官微消息，公司与全球头部的电源管理芯片厂商达成战略合作，双方方案已获得全球AI服务器龙头企业及多家全球云计算、新能源产业头部客户认可。其中，在高速光通信市场中，光模块对功耗、体积与控制精度提出了极高要求。国民技术与头部合作伙伴联合，将MCU+电源方案应用于光模块，项目正稳步推进。该方案发挥国民技术MCU的低功耗、高集成，结合头部合作伙伴高效电源管理芯片，显著提升了光模块的能效比与稳定性，为高速光通信提供了更优选择。

The Caixin Must-Read newsletter brings you the best of our coverage from the past week. If you find it valuable, please share it and invite others to subscribe . Get group discounts with a tailored institutional Caixin subscription. Enjoy unlimited access to Caixin’s news website and app, plus premium benefits like event invites, custom services and dedicated support. # Cover Story # Cover Story: AI Drives Markets as Valuations Race Ahead of Earnings

小米集團－Ｗ(01810)出現大手賣出19.24萬股，成交價$31.54，涉資606.83萬 AASTOCKS.com

软件股继续拉升，荣联科技、中国软件涨停，博睿数据、卫宁健康、榕基软件、新大陆跟涨。消息面上，隔夜美股AI应用软件股走强，部分软件公司公布的业绩超出了市场预期。

On May 6, 2026, Quadrant Private Wealth Management, LLC disclosed an addition of 816,708 shares of Bluerock Private Real Estate Fund (NYSE:BPRE) in the first quarter, an estimated $12.91 million buy based on quarterly average pricing. According to a SEC filing dated May 6, 2026, Quadrant Private Wealth Management, LLC increased its position in Bluerock Private Real Estate Fund by 816,708 shares during the first quarter. The estimated transaction value was $13.6 million, based on the average closing price over the quarter. The quarter-end value of the position rose by $15.33 million, which includes the effects of both share additions and price moves. Bluerock Private Real Estate Fund provides access to private real estate investments through a professionally managed, diversified portfolio. The fund leverages industry expertise and institutional relationships to source and manage high-quality real estate assets. Its strategy is designed to deliver income and capital appreciation, positioning it as a competitive option for investors seeking alternative asset exposure. Continue reading