阿里巴巴凭借"云基座+通义千问"的组合，被大摩确立为"中国最佳AI赋能者"。大摩称，阿里在B端的 吸引力正快速逼近并有望在三年内超越目前的市场热门DeepSeek。 周一，阿里巴巴(BABA.US)盘前涨近2%，报160.30美元。消息面上，夸克AI眼镜近日正式开售，首发 提供S1、G1两个系列共六款单品。据介绍，夸克AI眼镜搭载的千问助手已经融合支付宝、高德地图、 淘宝、飞猪、阿里商旅等阿里生态核心场景，初步具备了在物理世界辅助用户、帮用户办事的能力。夸 克AI眼镜发布，是阿里将大模型能力从虚拟世界向物理世界"迁徙"的关键一步。 ...

智通财经APP获悉，周一，阿里巴巴(BABA.US)盘前涨近2%，报160.30美元。消息面上，夸克AI眼镜近 日正式开售，首发提供S1、G1两个系列共六款单品。据介绍，夸克AI眼镜搭载的千问助手已经融合支 付宝、高德地图、淘宝、飞猪、阿里商旅等阿里生态核心场景，初步具备了在物理世界辅助用户、帮用 户办事的能力。夸克AI眼镜发布，是阿里将大模型能力从虚拟世界向物理世界"迁徙"的关键一步。 阿里巴巴凭借"云基座+通义千问"的组合，被大摩确立为"中国最佳AI赋能者"。大摩称，阿里在B端的 吸引力正快速逼近并有望在三年内超越目前的市场热门DeepSeek。 ...

Core Viewpoint - The Hang Seng Index rose by 0.67% on December 1, with southbound capital recording a total transaction amount of HKD 85.91 billion, resulting in a net inflow of HKD 2.15 billion [1][2] Southbound Capital Activity - Total transaction amount for southbound capital was HKD 85.91 billion, with buy transactions at HKD 44.03 billion and sell transactions at HKD 41.88 billion, leading to a net buy of HKD 2.15 billion [1] - Breakdown of transactions shows that the Shenzhen Stock Connect had a total transaction amount of HKD 31.81 billion, with net buying of HKD 2.91 billion, while the Shanghai Stock Connect had a total transaction amount of HKD 54.10 billion, resulting in a net sell of HKD 0.76 billion [1] Active Stocks - Alibaba-W was the most actively traded stock with a total transaction amount of HKD 11.07 billion and a net buy of HKD 1.32 billion, closing up by 2.24% [1][2] - Other notable stocks included Meituan-W and Xiaomi Group-W, with transaction amounts of HKD 4.50 billion and HKD 4.17 billion, respectively [1][2] - Net buying was observed in 8 stocks, with Alibaba-W leading at HKD 1.32 billion, followed by ZTE Corporation at HKD 0.61 billion and Meituan-W at HKD 0.60 billion [1][2] Continuous Net Buying and Selling - Alibaba-W, Pop Mart, and Meituan-W have seen continuous net buying for over three days, with Alibaba-W leading at a total net buy of HKD 27.87 billion [2] - Conversely, SMIC and Zijin Mining experienced continuous net selling, with total net sells of HKD 24.96 billion and HKD 7.35 billion, respectively [2]

Core Points - On December 1, the Hang Seng Index rose by 0.67%, closing at 26,033.26 points, with a net inflow of HKD 2.148 billion through the southbound trading channel [1] - The total trading volume for the southbound trading on December 1 was HKD 85.910 billion, with a net buying amount of HKD 2.148 billion [1] - In the Shanghai-Hong Kong Stock Connect, the trading volume was HKD 54.104 billion with a net selling of HKD 0.765 billion, while in the Shenzhen-Hong Kong Stock Connect, the trading volume was HKD 31.806 billion with a net buying of HKD 2.913 billion [1] Active Stocks Summary - Alibaba-W was the most actively traded stock in both the Shanghai and Shenzhen Connects, with a total trading amount of HKD 76.90 billion in Shanghai and HKD 33.84 billion in Shenzhen, and a net buying amount of HKD 5.44 billion and HKD 7.77 billion respectively, closing up by 2.24% [1][2] - Xiaomi Group-W and Meituan-W followed as the second and third most traded stocks in Shanghai, with trading amounts of HKD 29.10 billion and HKD 27.80 billion respectively, with Meituan-W closing down by 2.88% [1][2] - Tencent Holdings had the highest net selling amount of HKD 5.83 billion in Shanghai, while its stock price increased by 1.31% [1][2] - In the Shenzhen Connect, Tencent Holdings also had significant trading activity with a total amount of HKD 16.53 billion and a net buying of HKD 67.71 million [2]

"现在敢给IT预算加钱了吗？"——这个让企业CIO(首席信息官)纠结两年的问题，终于有了明确答案。 摩根士丹利在近期发布的《中国CIO2025年下半年调查报告》中抛出了一颗行业"定心丸"：经历关税冲 击与通缩压力后，中国企业IT支出信心首次全面回升，2026年预算增速预期直接冲到12.6%。 更关键的是，AI不再是"画饼"，而是真金白银的投资方向，阿里凭借云与大模型优势，被点名成最大受 益者。看来，中国IT行业的春天真的要来了。 信心杀回来了！IT预算迎两年首升 大摩的调查覆盖了60家年营收超10亿元的企业CIO，他们的预算调整方向，就是行业的"晴雨表"。这次 数据里，三个信号特别亮眼： 2025年预算"V型反弹"：上半年受关税影响，CIO们只敢给5.8%的IT预算增速，到了下半年直接上调1.6 个百分点至7.4%，回到2024年底的正常水平。这是2021年下半年以来，首次在年中出现预算上调。 2026年增速"跳级"：CIO们对明年的预期更激进，初步给出12.6%的增速目标，几乎是今年的1.7倍。其 中软件领域最被看好，增速预期达13.1%，远超IT服务的8.6%。 企业更爱"买现成"而非"自己造" AI依然 ...

Core Insights - The market sentiment around AI glasses is polarized, with some viewing them as the next computing platform and others dismissing them as niche gadgets. The release of Quark AI glasses marks Alibaba's entry into the physical realm of AI technology [1][2] - Alibaba believes that AI glasses represent the next major shift in human-computer interaction and could potentially challenge smartphones as the primary device for digital interaction [1][2] Product Overview - Alibaba launched two series of AI glasses, S1 and G1, featuring six models equipped with the latest Qianwen AI assistant, integrating with Alibaba's ecosystem [2] - The glasses are designed to assist users through AI voice Q&A and visual multimodal interaction, moving beyond being mere toys [2][3] Technological Innovation - The Quark AI glasses utilize a "full-stack" resource investment, connecting to the Qianwen model and Alibaba's ecosystem applications, enhancing user interaction [3] - The glasses are designed to function as an "Agent" for users, eliminating the need for app downloads and enabling service completion through simple voice commands [3] Supply Chain and Manufacturing Challenges - Alibaba faces challenges in hardware manufacturing, likening it to a "street battle" due to the complexities of precision hardware production [4] - The company has innovatively adopted the industry's smallest two-dimensional waveguide to improve aesthetics and display quality while addressing issues like reflection and light leakage [5] Performance and Dependency - The current AI glasses still rely on smartphones for processing power, with a strategy to optimize response times from 7 seconds to 3 seconds by leveraging cloud capabilities [6] - The dual-chip design includes a high-performance chip specifically tailored for the glasses, which is said to be a generation ahead of competitors [5][6] Competitive Landscape - Alibaba's competitive edge lies in its comprehensive capabilities, including model development, ecosystem integration, and self-research across hardware, operating systems, and cloud computing [7][8] - The company views the competition as multifaceted, requiring not just hardware but also robust ecosystem capabilities to succeed [7][8] Future Outlook - Alibaba aims to solidify the AI glasses as a significant entry point for AI technology, with plans to explore additional mediums in the future [8] - The Quark AI glasses are expected to be available for purchase by winter 2025, representing a strategic bet on the future of digital interaction [8]

The Chinese tech giant's U.S.-listed stock was one of the few names rising to start December. ...

翱捷科技12月1日公告称，股东阿里巴巴（中国）网络技术有限公司于2025年11月24日至12月1日通过集 中竞价及大宗交易方式减持公司股份543.9万股，占公司总股本的比例由13.99%减少至12.69%，权益变 动触及1%刻度。本次权益变动属于股东主动减持，不触及要约收购，不会导致公司实际控制人发生变 化，不会对公司治理结构及持续经营产生重大影响。 ...

Core Points - Aojie Technology (688220.SH) announced that Alibaba (China) Network Technology Co., Ltd. reduced its shareholding by 5,439,008 shares from November 24 to December 1, 2025, decreasing its ownership from 13.99% to 12.69% [1] - The reduction in shareholding is classified as a voluntary reduction by the shareholder and does not trigger a mandatory takeover bid [1] - This change in equity does not affect the actual control of the company, nor does it have a significant impact on the company's governance structure or ongoing operations [1]

智通财经APP讯，阿里巴巴-W(09988)发布公告，公司于2025年11月29日，根据2024年计划的条款向若 干员工授予涉及611.58万股相关股份的奖励(占本公告日期已发行股份总数(不包括库存股份)约0.03%)， 但须待被授予人接纳后方可作实。 ...