天猫总裁刘博：天猫实现四年来双 11 全周期最好增长。 在今年双 11 的尾声，天猫总裁刘博（花名：家洛）对《晚点 LatePost》说：天猫实现了四年以来双 11 全周期最好的一次增长（剔除退款后成交）。 2025 年，淘天的战略核心是增长，刘博说阿里做增长有三个思路：1、人，加大对消费者的投资，尤 其是 88VIP 等优质用户；2、货，对优质品牌、原创品牌商家，坚持扶优策略，包括对商家的佣金激 励和新品、会员等投入；3、场，闪购、飞猪这些新场景，融入淘天后带来新的增长。 根据天猫的数据，刘博说的 "四年以来最好的增长" 包括了几个维度 —— 今年大促全程，近 600 个品牌成交破亿、34091 个天猫品牌同比去年翻倍增长，18048 个增长超 3 倍，13081 个增长超 5 倍，均超过去年同期。 406 个新品牌拿下趋势品类第一，其中 26 家成交额过亿元。 超 5300 万 88VIP 会员中（截至 8 月财报数据），日均下单购买人数同比去年双 11 增长了 31%。 淘宝闪购的零售订单同比去年增长超 2 倍。 一年多前，当时一位阿里高管在内部说，淘天最大的挑战是与自己的过去竞争，"要成为更好的自己， ...

Group 1 - The article discusses the author's experience in the freight forwarding industry and their insights into investment psychology and market behavior [1] - The author emphasizes a contrarian approach to investing, focusing on thorough due diligence to provide timely and relevant information to the audience [1] Group 2 - There are no specific companies or stocks mentioned in the article, and no investment positions are held by the author [2] - The article does not provide any recommendations or advice regarding investment suitability for particular investors [3]

Core Insights - Alibaba Group Holding is redesigning its flagship mobile AI app to resemble OpenAI's ChatGPT, aiming to enhance its competitive position against major Asian rivals [2][4] - The app will be renamed Qwen and will integrate more agent-style capabilities to facilitate shopping across Alibaba's services [3][6] - The long-term goal is to develop Qwen into a fully capable AI agent, with plans for an international version and significant internal resources allocated for the redesign [5][9] E-commerce Integration - Alibaba is leveraging its traditional strength in e-commerce to attract users to the revamped Qwen app, especially as the e-commerce landscape shifts towards AI-driven models [6][7] - The app will initially remain free, with potential for future monetization as the user base grows [7] Payment Infrastructure - Alibaba is overhauling cross-border payment systems within its $35 billion e-commerce ecosystem, focusing on tokenization to enhance global settlement processes [8][9] - A new payment network utilizing a tokenized, stablecoin-like system for international B2B transactions is expected to launch by the end of the year [9] AI Growth and Performance - Alibaba has reported significant growth in AI-related offerings, with its cloud business becoming the fastest-growing division [10]

Core Insights - The Hong Kong stock market saw a net inflow of 12.887 billion HKD from northbound trading on November 14, with the Shanghai Stock Connect contributing 7.273 billion HKD and the Shenzhen Stock Connect contributing 5.614 billion HKD [1] Group 1: Top Net Buy Stocks - Alibaba-W (09988) received a net inflow of 13.27 billion HKD, with a total buy amount of 35.87 billion HKD and sell amount of 22.61 billion HKD [2] - Tencent (00700) had a net inflow of 10.71 billion HKD, with total buy and sell amounts of 29.08 billion HKD and 18.38 billion HKD respectively [2] - SMIC (00981) saw a net inflow of 6.64 billion HKD, with total buy and sell amounts of 21.65 billion HKD and 15.01 billion HKD respectively [2] Group 2: Notable Company Developments - Alibaba has secretly launched the "Qianwen" project, aiming to create a personal AI assistant app that competes with ChatGPT, with significant application during the Double 11 shopping festival [5] - Tencent's third-quarter performance exceeded expectations, driven by stable growth across major business segments, with AI playing a crucial role in advertising and gaming [5] - SMIC reported third-quarter revenue of 2.4 billion USD, a year-on-year increase of 10% and a quarter-on-quarter increase of 8%, surpassing market expectations [6] Group 3: Other Notable Stocks - Xpeng Motors (09868) received a net inflow of 2.56 billion HKD, with expectations of profitability starting in Q4 and significant AI-driven growth projected for 2026-2027 [6] - China Life (02628) faced a net outflow of 2.61 billion HKD, while China Mobile (00941) saw a net outflow of 579.6 million HKD [7]

Core Insights - Alibaba has officially renamed its "Tongyi" app to "Qianwen," marking a significant step in transforming the technology model into a widely accessible AI product [1] - The "Qianwen" app is being developed as a personal AI assistant based on the Qwen model, aiming to compete directly with ChatGPT in the global AI application market [1] - Alibaba's management views this project as a critical battle for the future in the AI era, leveraging the open-source advantages of Qwen to gain a competitive edge [1] Company Developments - The "Qianwen" project has been secretly initiated by Alibaba, with over a hundred engineers assigned to work on it [1] - Specific areas within Alibaba's headquarters in Hangzhou have been designated for the exclusive use of the "Qianwen" project [1] - An international version of the "Qianwen" app is also under simultaneous development to target global markets [1]

智通财经APP获悉，2025年11月14日当天，阿里巴巴-W(09988)、腾讯控股(00700)、中芯国际(00981)位 居沪港通（南向）成交额前3位，成交额分别为58.48 亿元、47.46 亿元、36.66 亿元；阿里巴巴- W(09988)、中芯国际(00981)、腾讯控股(00700) 位居深港通（南向）成交额前3位，成交额分别为30.81 亿元、25.39 亿元、22.55 亿元。 沪港通（南向）十大活跃成交公司 | 公司名称 | 成交金额 | 净买入额 | | --- | --- | --- | | 阿里巴巴-W(09988) | 58.48 亿元 | +13.27 亿元 | | 腾讯控股(00700) | 47.46 亿元 | +10.71 亿元 | | 中芯国际(00981) | 36.66 亿元 | +6.64 亿元 | | 小米集团-W(01810) | 18.66 亿元 | +6.71 亿元 | | 小鹏汽车-W(09868) | 12.62 亿元 | +2.56 亿元 | | 华虹半导体(01347) | 11.52 亿元 | +1.70 亿元 | | 美团-W(03690) | ...

智通财经11月14日讯（编辑 冯轶）据Wind数据显示，本周南向资金累计净流入约247.73亿港元，较上周少流入约139亿。当周总成交5208.34亿港元，环比放 量约139亿，占本周恒指总成交的44.71%，资金近阶段对大市呈现托举操作。 | | | | plo | | | | | --- | --- | --- | --- | --- | --- | --- | | 排名 | 股票代码 | 股票简称 | 净买入 排名 | 股票代码 | 股票简称 | 净买入 | | 1 | 1810.HK | :小米集团-W | 59.61 1 | 2800.HK | 图富基金 | -55.76 | | 2 | 0883.HK | : 中国海洋石油 | 28.19 2 | 9988.HK | 阿里巴巴-W | -31.49 | | 3 | 3033.HK | 南方恒生科技 | 10.52 က | 2828.HK | 恒生中国企业 | -22.89 | | ব | 0700.HK | 腾讯控股 | 7.50 4 | 2338.HK | 潍柴动力 | -5.48 | | 5 | 9992.HK | 泡泡玛特 | 7.14 5 ...

Core Insights - The Hong Kong stock market saw a net inflow of 12.887 billion HKD from northbound trading on November 14, with the Shanghai-Hong Kong Stock Connect contributing 7.273 billion HKD and the Shenzhen-Hong Kong Stock Connect contributing 5.614 billion HKD [1] Group 1: Top Net Buyers - Alibaba-W (09988) received a net inflow of 13.27 billion HKD, with a total trading volume of 58.48 billion HKD, comprising 35.87 billion HKD in buying and 22.61 billion HKD in selling [2] - Tencent (00700) saw a net inflow of 10.71 billion HKD, with total trading of 47.46 billion HKD, consisting of 29.08 billion HKD in buying and 18.38 billion HKD in selling [2] - SMIC (00981) had a net inflow of 6.64 billion HKD, with total trading of 36.66 billion HKD, including 21.65 billion HKD in buying and 15.01 billion HKD in selling [2] Group 2: Company-Specific Developments - Alibaba is reportedly launching the "Qianwen" project, an AI assistant app aimed at competing with ChatGPT, which has already seen significant application during the Double Eleven shopping festival [4] - Tencent's third-quarter performance exceeded expectations, driven by growth in advertising and gaming, with potential increases in AI spending to enhance long-term growth prospects [5] - SMIC reported a third-quarter revenue of 2.4 billion USD, reflecting a year-on-year growth of 10% and a quarter-on-quarter growth of 8%, surpassing market expectations [5] - XPeng Motors (09868) received a net inflow of 4.67 billion HKD, with expectations of profitability in Q4 and significant growth driven by AI initiatives [6] Group 3: Top Net Sellers - China Life (02628) experienced a net outflow of 2.61 billion HKD, while China Mobile (00941) saw a net outflow of 579.6 million HKD [7] - Three Life Pharmaceuticals (01530) faced a net outflow of 1.74 billion HKD, with recent developments in clinical trials for its innovative drugs [7]

Core Insights - Alibaba's "Tongyi" app has been officially renamed to "Qianwen" and has undergone a significant update, skipping version 4 and moving directly to 5.0.0, indicating a major strategic shift in the consumer AI space [1]. Group 1 - The Qianwen app is positioned to compete with OpenAI's ChatGPT, reflecting Alibaba's strategic focus on the consumer AI market [6]. - A dedicated team of over 100 people has been secretly developing the Qianwen app, highlighting the company's commitment to this project [6]. - The user interface of the Qianwen app has been redesigned to resemble that of ChatGPT, suggesting a direct competition in functionality and user experience [13]. Group 2 - The Qianwen app is not limited to the domestic market, with an overseas version currently in development, indicating Alibaba's ambition to expand its AI offerings globally [13]. - The launch of Qianwen comes at a time when Alibaba's other AI assistant, Quark, has seen its daily active users surpassed by ByteDance's Doubao app, marking a significant challenge for Alibaba in the AI assistant space [13]. - The positioning and differentiation of Qianwen from Quark have not yet been clarified by Alibaba, suggesting potential strategic realignment within its AI product offerings [13].

南向资金今日大幅净买入128.87亿元。港股通（沪）方面，阿里巴巴-W、腾讯控股分别获净买入13.27 亿港元、10.71亿港元；中国人寿净卖出额居首，金额为2.62亿港元；港股通（深）方面，腾讯控股、阿 里巴巴-W分别获净买入10.97亿港元、9.3亿港元；泡泡玛特净卖出额居首，金额为2.37亿港元。（第一 财经） ...