从指数持仓来看，中证中国内地企业全球可选消费综合指数十大权重分别为：阿里巴巴（18.38%）、 美团-W（6.71%）、拼多多（6.5%）、比亚迪股份（4.13%）、美的集团（3.61%）、京东（3.36%）、 比亚迪（3.01%）、携程网（2.91%）、格力电器（2.1%）、泡泡玛特（1.93%）。 金融界7月9日消息，A股三大指数收盘涨跌不一，中证中国内地企业全球可选消费综合指数(CN可选综 合，H30378)报4944.28点。 从中证中国内地企业全球可选消费综合指数持仓的市场板块来看，深圳证券交易所占比23.30%、纽约 证券交易所占比23.12%、香港证券交易所占比21.33%、上海证券交易所占比16.32%、纳斯达克全球精 选市场证券交易所(Consolidated Issue)占比15.52%、纳斯达克股票市场证券交易所(Consolidated Large Cap)占比0.21%、北京证券交易所占比0.15%、纳斯达克证券交易所(Consolidated Capital Market)占比 0.05%。 数据统计显示，中证中国内地企业全球可选消费综合指数近一个月下跌3.24%，近三个月上涨8. ...

智通财经7月9日电，恒生科技指数下跌2%至5,219.38点。阿里巴巴跌3.8%，小米跌2.5%，中芯国际跌 2.7%。 ...

证券研究报告 | 行业周报 2025 年 07 月 09 日 通信 算力催生数据中心向智算发展，推动 PCB 向高阶升级迭代，看好相 关产业链投资机会 | 股票 | 股票 | 投资 | EPS （元） | | PE | | | --- | --- | --- | --- | --- | --- | --- | | 代码 | 名称 | 评级 | 2025E | 2026E | 2025E | 2026E | | 002881.SZ | 美格智能 | 买入 | 0.73 | 0.92 | 61.56 | 48.85 | | 301285.SZ | 鸿日达 | 买入 | 0.21 | 0.7 | 161.9 | 48.57 | | 600941.SH | 中国移动 | 买入 | 6.77 | 7.17 | 16.54 | 15.61 | | 601728.SH | 中国电信 | 买入 | 0.38 | 0.4 | 20.08 | 19.08 | 资料来源：长城证券产业金融研究院 本周策略观点： OpenA I向甲骨文租赁数据中心算力，看好未来 AIDC 产业链投资机会。据 据《金融时报》和彭博社援引知情人士报道，O ...

Core Insights - The domestic e-commerce industry has entered a mature stage characterized by low growth and high inventory, with a total transaction value of 8,556 billion yuan and a year-on-year growth of 15.2% [1] - Major e-commerce platforms are blurring the lines between comprehensive and social e-commerce, with comprehensive platforms focusing on live streaming and content-driven conversion, while social platforms are establishing shelf-style shopping [1][2] - The collaboration between Xiaohongshu and Alibaba marks a significant shift, as Xiaohongshu sells its traffic to Alibaba for the first time, seen as a defensive move against Douyin's e-commerce growth [1][3] E-commerce Growth and Strategies - Douyin has achieved remarkable growth, with a GMV of over 3.5 trillion yuan in 2024, representing a 30% year-on-year increase, surpassing competitors like JD.com [3][4] - Douyin's success is attributed to its innovative approach combining "traffic + algorithm + content," which disrupts traditional e-commerce models [4][6] - The platform has effectively integrated products into short videos and live content, transforming from a "transaction platform" to a "demand creation system" [4][5] Content and Algorithm Innovations - Douyin's strategy emphasizes content-driven shopping, where user interest is sparked through engaging content rather than traditional search methods [5][6] - The platform has transitioned from a "transaction funnel" to a "demand prediction" model, optimizing the user experience and reducing pre-purchase costs [6][7] - Douyin's content ecosystem has redefined consumer decision-making, successfully merging content and commerce [7][8] Xiaohongshu's Position and Challenges - Xiaohongshu's core strength lies in converting community content into consumption scenarios, similar to Douyin's model, but with a focus on authentic user experiences [8][9] - Despite its potential, Xiaohongshu faces challenges in establishing a complete e-commerce ecosystem, lacking price advantages and fulfillment capabilities compared to larger platforms [10][11] - The decision to partner with Alibaba is seen as a strategic move to enhance user-generated content (UGC) monetization and cultivate a stronger e-commerce mindset among users [12][13] Future Directions - Xiaohongshu's recent rebranding from "lifestyle guide" to "lifestyle interest" indicates a shift towards encouraging user engagement and content creation [13][14] - The platform aims to expand its content offerings and improve monetization capabilities while preparing for a more robust e-commerce environment [14][15]

1.2亿单、8000万单，订单高峰导致APP宕机……即时零售在这个暑期掀起了第一波消费热潮。 7月8日，京东外卖宣布正式启动"双百计划"，承诺投入超百亿元扶持更多品类标杆品牌销量破百万。以外卖为起 点的即时零售"三国杀"进入白热化阶段。7月5日，美团、淘宝闪购和京东三大平台单日订单总量突破2亿单，创下 行业纪录。 这远不止是一场简单的补贴狂欢——从餐饮到非餐品类的扩张，从用户端到商户、骑手的全链补贴，平台竞争的 底层逻辑正从"流量争夺"转向"生态构建"。即时零售的战场，已从"送外卖"进化到"送万物"，单纯的价格战博弈 正迈向"履约系统+全域供给"的长期较量。 补贴战拉高点单频率，夏季消费高峰提前一个月 "我这个好久没点外卖的人都忍不住下了几单"，何女士告诉南都记者，最近每天两杯茶饮或咖啡是她的标配。另 一边，于女士向南都记者展示了2块钱的珍珠奶茶、1块3的汤粉订单截图，直言每天的快乐是外卖给的。"满25减 20"、"满18减18"……几大外卖平台的大额优惠补贴被网友们戏称为几乎是"0元购"。 巨大的补贴"诱惑"下，消费者们都在用"手"投票：据美团内网公布信息显示，截至7月5日22时54分，美团即时零 售当日订 ...

Market Capitalization Changes - The market capitalization of major global technology and internet companies has shown varied changes as of July 9, 2025, with notable increases in companies like Tesla, which rose by 1.32% to reach $959.2 billion, and Alibaba, which increased by 1.62% to $257.6 billion [3][4][5]. - Companies such as Netflix and Shopify experienced declines, with Netflix decreasing by 1.11% to $548.8 billion and Shopify dropping by 3.58% to $619.1 billion [3][4]. Notable Performers - AMD saw a significant increase of 2.24%, bringing its market cap to $223.4 billion, while Intel had a remarkable rise of 7.23%, reaching $102.8 billion [5][6]. - Other companies with positive performance include Adobe, which increased by 1.41% to $162.1 billion, and ASML, which rose by 1.15% to $312.2 billion [3][4]. Decliners - Companies like Robinhood and Sea Limited faced declines, with Robinhood decreasing by 2.34% to $824 million and Sea Limited dropping by 1.32% to $894 million [6][7]. - FICO experienced a significant drop of 8.91%, bringing its market cap down to $455 million [7]. Overall Trends - The overall trend indicates a mixed performance across the technology sector, with some companies gaining market value while others are experiencing losses [3][4][5][6].

金十图示：2025年07月09日（周三）中国科技互联网公司市值排名TOP 50一览 | 42 | | 新大陆 | 46.84 | 2 1 | | --- | --- | --- | --- | --- | | 43 | | 岩山科技 | 43.37 | 24 | | 44 | | 银之杰 | 42.72 | 2 ↑ | | 45 | | 东华软件 | 42.02 | 2 t | | 46 | | 中国民航信息网络 | 41.83 | 2 1 | | 47 | | 完美世界 | 41.54 | 2 ↑ | | 48 | | 阅文集团 | 40.2 | 2 1 | | 49 | PNG | 大智慧 | 39.49 | 5 1 | | 50 | INESA | 云赛智联 | 38.16 | 1 1 | 每日根据市值计算出前50名公司,美元港元按照当日汇率中间价折算 @ JIN10.COM 0. 金十数据 | 一个交易工具 | 排名 | | 公司 | 市值(亿美元) | 排名变化 | | --- | --- | --- | --- | --- | | 1 | | 台积电 | 11818.01 | | | 2 | | ...

阿里巴巴 20250708 摘要 阿里巴巴宣布投入 500 亿人民币补贴即时零售，旨在提升订单密度和用 户成交频次，尤其通过高频餐饮外卖带动低频即时零售，并激活淘宝 APP 用户，尽管短期内可能影响利润，但长期有望推动增长。 阿里云面临供给端压力和业绩波动，但 AI 需求和交叉销售 AI 代理将成 为核心驱动力。国内多模态模型算力调用已上升，长期来看，AI 产业初 期投入大于短期收入，但未来增长潜力巨大。 淘天集团在即时零售领域转被动为主动，通过闪购场景激活新用户或召 回老客户，提高淘宝 APP 日活跃用户数，此举表明淘系重视即时零售业 务，并将其作为电商主站流量增长的驱动力。 即时零售大战中，美团在订单量和市场份额方面领先，阿里通过外卖业 务保持密度经济，高频餐饮外卖提升低频即时零售用户成交频次，推动 主站电商 GMV 增长，长期战略调整有望带来更高增长。 下半年，AI 相关催化剂（云计算增量）和传统电商业务稳定是业绩增长 点。尽管暑期补贴战可能带来压力，但即时零售投入有望增加淘宝 APP 交易额和活跃用户数，长期来看，对阿里巴巴定位为超级电商 APP 有利。 淘天集团在即时零售领域从被动转为主动。7 月 ...

Group 1 - The highest 7-day annualized yield for Tencent's LiCaiTong is 1.4060%, while the lowest is 0.9580% [1] - The highest 7-day annualized yield for WeChat Pay's LiCaiTong is 1.2210%, with a minimum of 1.0950% [1] - The highest 7-day annualized yield for Alipay's Yu'e Bao is 1.3570%, and the lowest is 1.0750% [1]

"满25减21""满15减11"，甚至还能"零元购"…… 上周末，阿里、美团再掀"史诗级"外卖大战。 全国范围内的茶饮订单量直冲新高：有门店"4个人日出近3000杯"，还有门店"一天卖光半年库存"。 这场流量狂欢背后，商家实收究竟如何？ "一天卖光半年库存"，外卖大战升级，茶饮店集体爆单 "7月5日必须写进外卖行业编年史""这日子，干外卖的都得记一辈子"…… 社交平台上，不少人调侃这场比四月更疯狂的补贴战。 7月5日晚，一场突如其来的外卖大战席卷全国—— 淘宝闪购、美团纷纷放出大招，推出大量"满25减21""满25减20""满16减16"等外卖红包券。网友晒出的截图显示，美团还联合不同茶饮品牌推出了"零元 购"活动。 如此优惠的消息，瞬间在网上炸开了锅。 不少网友连夜下单囤货，"承包了整个夏天的奶茶量""暑假的第一冰箱奶茶"等话题刷屏社交平台。 而线下门店则直接陷入"爆单"模式，蜜雪冰城、古茗、茶百道、1点点等品牌部分门店的订单小票长达数米，更有门店"预订单一路贴到了天花板"。 在济南世茂广场的沪上阿姨门店，店员透露，4 人单日狂做近3000杯；还有的奶茶店老板直言"一天把半年的库存都卖完了"。 图源小红书博 ...