Core Viewpoint - Airbus has expressed concerns regarding the availability of jet engines from Pratt & Whitney, highlighting that an agreement on the required supply volumes has not yet been reached with the U.S. manufacturer [1] Group 1 - Airbus is currently facing challenges in securing a sufficient supply of jet engines from Pratt & Whitney [1] - The lack of agreement on supply volumes could impact Airbus's production and delivery schedules [1]

Core Viewpoint - Alibaba Group Holding Limited (NYSE:BABA) is recognized as one of the best stocks to buy for high returns in 2026, with a focus on launching AI services for restaurants [1]. Group 1: AI Services Launch - Alibaba is introducing AI services aimed at restaurants to enhance their visibility by showcasing interiors through 3D images [2]. - The new AI feature will be integrated into Alibaba's Amap app, allowing restaurants to create 3D renderings by uploading videos or images [2]. - This service will initially be offered for free to select businesses, leveraging Alibaba's visual WAN model [3]. Group 2: Market Outlook - Wall Street analysts maintain a positive outlook on Alibaba's stock, with Gary Yu from Morgan Stanley reiterating a Buy rating but adjusting the price target from $200 to $180 [4]. - Thomas Chong from Jefferies also reaffirmed a Buy rating, setting a price target of $225 [4]. Group 3: Company Overview - Alibaba is a multinational technology giant that focuses on e-commerce, retail, cloud computing, and digital services, aiming to facilitate global business connections through platforms like Alibaba.com [5].

Group 1 - The core viewpoint of the article highlights a significant surge in Chinese assets, particularly in the context of U.S. markets, where Chinese concept stocks experienced substantial gains [2][3]. - On January 12, after the U.S. market opened, the Chinese concept stock index expanded its gains to 4%, with Zhihu rising nearly 20% and Alibaba increasing over 10% [3]. - In the Hong Kong night market, the Hang Seng Index futures rose over 1%, and the Hang Seng Tech Index futures increased nearly 2% [5]. Group 2 - The article discusses the volatility in the U.S. stock market, where the three major indices showed mixed performance [5]. - Google briefly saw its market capitalization surpass $4 trillion, with news of a collaboration with Apple to enhance AI functionalities for products like Siri [6]. - The article notes a significant rise in precious metals, with silver prices soaring nearly 7% and gold prices increasing over 2%, driven by concerns over the independence of the Federal Reserve amid political pressures [8].

（文章来源：每日经济新闻） 每经AI快讯，1月12日，阿里巴巴涨幅扩大至10%，纳斯达克中国金龙指数现涨近4%。 ...

Core Viewpoint - The Nasdaq China Golden Dragon Index rose over 3%, indicating a strong performance in Chinese concept stocks [1] Group 1: Stock Performance - Zhihu (ZH.US) surged by 22% [1] - Kingsoft Cloud (KC.US) increased by over 20% [1] - GDS Holdings (GDS.US) rose by over 9% [1] - Tuya Smart (TUYA.US) climbed nearly 9% [1] - Alibaba (BABA.US) gained 8% [1] - Century Internet (VNET.US) increased by over 7% [1]

Core Viewpoint - The Nasdaq Golden Dragon China Index experienced a significant increase, with major Chinese concept stocks showing substantial gains, indicating a positive market sentiment towards these companies [1] Group 1: Stock Performance - The Nasdaq Golden Dragon China Index saw an initial increase of 3% [1] - Notable stock performances include Zhihu rising over 23%, Kingsoft Cloud increasing over 18%, and Alibaba gaining over 7% [1] - Other companies such as Xpeng and Yum China rose approximately 4%, while NetEase and Baidu increased over 3% [1] Group 2: ETF Performance - KWEB, an ETF tracking Chinese internet stocks, rose by 2.9% [1] - CQQQ, another ETF focused on Chinese companies, increased by 2.8% [1]

Core Viewpoint - The article highlights the positive outlook for Chinese assets, with foreign investment increasingly favoring the Chinese stock market, projecting significant growth in the coming years [4][5]. Group 1: Market Performance - As of January 12, U.S. stock indices opened lower, with the Dow Jones down 0.46%, S&P 500 down 0.21%, and Nasdaq down 0.19% [1][2]. - In contrast, Chinese concept stocks saw a significant rise, with the Nasdaq Golden Dragon China Index increasing over 3.2% [2]. Group 2: Foreign Investment Sentiment - Goldman Sachs released a report on January 5, recommending an overweight position in Chinese stocks for 2026, citing a significant valuation discount compared to global peers [4]. - Multiple foreign institutions expressed optimism for Chinese assets by the end of 2025, predicting annual growth of 15% to 20% for the Chinese stock market in 2026 and 2027 [4]. Group 3: Structural Investment Opportunities - Fidelity International noted that the Chinese market presents strong attractiveness in 2026, driven by ongoing policy support creating structural investment opportunities [5]. - The "anti-involution" policy is expected to help companies return to substantial profit growth, with local firms making rapid advancements in technology and innovation [5]. Group 4: Notable Stock Performances - Specific Chinese concept stocks experienced significant gains, including Zhihu up over 21%, Kingsoft Cloud up over 18%, Agora up nearly 10%, Alibaba up over 8%, and others showing increases of 3% to 8% [5][6].

Core Viewpoint - Alibaba (BABA.US) shares have seen an initial increase of over 7%, with Morgan Stanley suggesting investors consider gradually accumulating shares due to a constructive outlook for the next 6 to 12 months [1] Group 1: Company Performance - Morgan Stanley anticipates that Alibaba Cloud's revenue growth will accelerate in the coming quarters as generative AI workloads transition from pilot phases to broader deployment, indicating Alibaba's capability to capture and realize AI-driven demand in China [1] - The consistent growth momentum in Alibaba's cloud business over several quarters is expected to shift investor focus from short-term expenditures to the sustainability of higher-quality growth engines, which could support an expansion in valuation multiples [1]

Market Overview - The three major U.S. stock indices opened lower on January 12, with the Dow Jones down 0.81%, the Nasdaq down 0.23%, and the S&P 500 down 0.32% [1][2]. Index Performance - Dow Jones: 49,105.15, down 398.92 points (-0.81%) [2] - Nasdaq: 23,617.91, down 53.44 points (-0.23%) [2] - S&P 500: 6,944.28, down 22.00 points (-0.32%) [2] - China Golden Dragon Index: 7,892.47, up 196.85 points (+2.56%) [2] - Nasdaq 100 Futures: 25,730.25, down 208.00 points (-0.80%) [2] - S&P 500 Futures: 6,965.50, down 39.50 points (-0.56%) [2] Sector Performance - Technology stocks experienced a broad decline, with Intel falling over 3% and Nvidia down nearly 1% [2]. - Banking stocks collectively dropped, with American Express down over 4% and JPMorgan Chase down more than 2% [2]. Chinese Stocks - Chinese stocks surged against the trend, with the China Golden Dragon Index rising over 2% [2]. - Notable performers included Kingsoft Cloud, which rose over 16%, Zhihu up over 15%, Alibaba up nearly 5%, Xpeng up over 4%, and Baidu up over 3% [2].

Core Viewpoint - Chinese concept stocks in the US market showed strong performance on January 12, with notable gains in several companies [1] Company Performance - Zhihu experienced a significant increase of over 25% [1] - Kingsoft Cloud saw a rise of more than 15% [1] - Huya and Alibaba both rose by over 6% [1]