Group 1 - The third Yangtze River Delta E-commerce Trade Fair successfully concluded in Suzhou, featuring an exhibition area of 15,000 square meters and over 500 standard booths, attracting nearly 1,000 merchants and showcasing over 100,000 trendy products [1] - The event highlighted traditional crafts and local delicacies, such as iron pots from Wuxi and unique foods from Nanjing and Suzhou, emphasizing the cultural richness of Jiangsu [1] - The Jiangsu Provincial Department of Commerce organized key industrial zones to participate, facilitating effective supply-demand matching through various meetings, enhancing collaboration among government, platforms, and enterprises [1] Group 2 - The trade fair served as a "policy highland" and "resource blue ocean," focusing on promoting Jiangsu's quality products through specialized sessions with major platforms like 1688 and Suning, providing professional guidance on platform rules and resource access [2] - The "Su Products, Su Goods" initiative aimed to streamline the transition from manufacturing to branding, achieving multiple outcomes such as brand exposure, channel expansion, and order conversion [2] Group 3 - The "Silk Road Cloud Products" e-commerce month event targeted enhancing Jiangsu enterprises' international operations, featuring insights from platforms like Shopee and SHEIN, and promoting deep connections between Jiangsu's industries and overseas e-commerce platforms [3] - The event opened new international market opportunities for Jiangsu products, addressing the demand for diverse channels and a more determined approach to "going global" [3] - The trade fair also emphasized a "show + live broadcast" immersive experience, with nearly 100 live streaming rooms, effectively converting online traffic into sales [3]

(本文来自第一财经) 道指跌0.04%，纳指跌0.18%，标普500指数跌0.05%。大型科技股涨跌不一，亚马逊涨0.47%，特斯拉涨 0.26%，Meta跌0.5%，谷歌跌0.17%。阿里巴巴涨超2%。游戏驿站跌超6%，公司第三财季营收未达预 期。 ...

明日主题前瞻 1、存储芯片 | 据界面报道，记忆体模组厂透露，目前NAND缺货程度远超过以往，多家同行手中库存仅能撑到2026年第一季度，3月起部分厂商无货可交， 第二季后缺货将成为全面现象。NAND报价上涨速度过快，美光近期开出的NAND报价单月涨幅接近50%，模组厂担心出货前，原厂再度调整价格，导致成 本倒挂，只能改采Open Order(浮动报价)方式接单。 点评：分析认为，本轮NAND涨价核心驱动在于原厂产能加速向高利润企业级和AI应用倾斜，叠加旧制程产能快速退出，导致wafer供应结构性紧缺持续加 剧。此次价格快速拉升并扩散至全容量段，反映存储产业链高景气度持续强化。机构指出，由于AI推理需求的强劲增长和供应增长的有限性，2026年全球 NAND行业的供需格局有望维持持续偏紧状态，产品价格将保持高位运行，看好存储板块配置机会。 2、无人机 | 据新浪财经报道，美团无人机低空航网发布会12月19日举行。此次发布会的核心落点，是美团搭建的一体化低空航网体系：它融合了无人机、 智能起降点、低空交管系统三大核心模块，覆盖城市核心商圈与社区，实现"3公里半径内15分钟送达"的配送效率。 点评：分析认为，十五五 ...

阿里巴巴涨超2%，Meta据报使用阿里巴巴通义大模型对新AI模型进行了微调。 来源：格隆汇APP 格隆汇12月10日｜美联储今夜降息25个基点或已无悬念，美股三大指数集体低开，纳指跌0.17%，标普 500指数、道指跌0.05%。 Meta跌超1%，曝公司全力转向闭源模型，新模型Avocado或于明年春季推出。 回声星通信涨5.7%，SpaceX据报启动史上最大规模IPO，或募资超300亿美元。 华纳兄弟探索涨近3%，派拉蒙天舞集团提出1080亿美元全现金敌意收购，挑战奈飞此前协议。(格隆汇) ...

（文章来源：每日经济新闻） 每经AI快讯，12月10日，阿里巴巴美股盘前拉升涨超4%。 ...

格隆汇12月10日｜阿里巴巴(BABA.US)盘前拉升涨超3%；知情人士称，Meta公司使用阿里巴巴的通义 大模型对新AI模型进行了微调。 ...

市场有风险，投资需谨慎。本文不构成个人投资建议，也未考虑到个别用户特殊的投资目标、财务状况或需要。用户应考虑本文中的任何 意见、观点或结论是否符合其特定状况。据此投资，责任自负。 扎克伯格指示Meta Platforms远离开源人工智能（AI）。 META的Wangle有时对扎克伯格的微观管理感 到沮丧。 META正在开发代号为"牛油果"（AVOCADO）的模型，可能会进行收费。 知情人士称， META使用了阿里巴巴的通义千问（QWEN）来优化其新的 AI 模型。（彭博） 风险提示及免责条款 ...

消息称，Meta使用阿里巴巴的通义千问大模型对新AI模型进行了微调。#行情 阿里巴巴盘前涨逾4%，Meta跌超1%。 ...

公众和投资者对 AI 泡沫的质疑，不是没有理由的。毕竟当前整个 AI 产业的 利润分配严重失衡 ， 利润几乎被英伟达等硬件巨头垄断， 下游很 多 应用开发和模型训练企业需支付天价算力成本，却难以实现盈利。 导语：如果站在全球AI竞争的维度上，千问的意义超越了产品本身。 从 chatGPT 横空出世至今，大模型这条路线已经搞了三年。美国科技巨头在 AI 基建上的资本开支高达万亿美元级，仅 2025 年支出就超 4000 亿美元，但近八成部署 AI 的企业迟迟未能实现净利润提升。 这让整个市场对 AI 的质疑持续升温。尤其是应用落地不足、用户需求虚浮 等现实问题 一直萦绕在整个产业面前。 所以，很多人一直疑问，这次 AI 到底有没有泡沫？ 就在此时，阿里千问用 23 天 3000 万月活的增长 数据， 用 真正走进日常生活、解决实际问题 ， 回答了这个问题：中国 AI 产业落地的路，这 一次，千问毫无争议地走在了前面。 这种从 B 端到 C 端的技术下沉方式，在当下的 AI 浪潮中并不常见。更多的公司是直接跳过积累阶段，用开源模型套上一个对话界面就称之为 " 应用 " 。但千问的做法是，把经过 B 端长期验证的能 ...

Group 1 - Southbound funds recorded a net sell of HKD 1.018 billion on December 10, with notable net buys in Xiaomi Group (HKD 619 million), Agricultural Bank (HKD 394 million), Alibaba (HKD 342 million), Meituan (HKD 320 million), China National Offshore Oil Corporation (HKD 269 million), and Pop Mart (HKD 179 million) [1] - The net sell included significant amounts in the Tracker Fund (HKD 1.559 billion), Tencent Holdings (HKD 605 million), China Construction Bank (HKD 123 million), and SMIC (HKD 118 million) [1] Group 2 - Southbound funds have continuously net bought Xiaomi for 9 days, totaling HKD 7.39843 billion, and Agricultural Bank for 3 days, totaling HKD 993.02 million [3] - In November, the sales volume of new energy passenger vehicles reached 1.321 million units, a year-on-year increase of 4.2% and a month-on-month increase of 3.0%; Xiaomi's automotive sales reached 46,249 units, with a year-on-year increase of 99.7% [4] - Morgan Stanley highlighted concerns regarding the asset quality risk related to Vanke's bond extension, noting that Vanke's bank loans account for only 0.10% of total loans in China's banking sector [4] Group 3 - Alibaba has established a new C-end business group, aiming to develop a super app as the primary entry point for users in the AI era [4] - Tencent repurchased approximately 1.06 million shares for about HKD 636 million, with repurchase prices ranging from HKD 595.5 to HKD 603 [4] - China Construction Bank announced a capital increase from RMB 250.011 billion to RMB 261.6 billion through a specific issuance of approximately 11.589 billion A-shares [5] - SMIC's monthly wafer production capacity is expected to exceed 1 million pieces by Q3 2025, with a utilization rate increase of 3.3 percentage points to 95.8%, indicating strong industry demand [5]