平头哥被曝启动上市计划，叠加近期多家国产芯片企业推进资本化进程，正在重塑国产芯片行业的发展 格局。国产芯片公司摩尔线程、沐曦股份已经在A股上市，壁仞科技已通过港交所聆讯，百度正在评估 昆仑芯单独分拆上市；预计26年有多家国产大模型、芯片迎来IPO。申万宏源认为，互联网自研芯片有 望迎来价值重估。 公司方面，据上市公司互动平台表示， 利扬芯片：公司为国内知名芯片设计公司提供中高端芯片独立第三方测试服务，公司是平头哥的供应 商。 全志科技：公司已经基于平头哥RISC-V内核开发了多款芯片产品并在多个下游应用场景，并已经实现 大规模量产，后续将会持续根据客户需求推出新的芯片产品和解决方案。 据第一财经1月22日消息，接近市场人士透露，阿里巴巴集团已决定支持旗下芯片公司平头哥未来独立 上市，具体时间尚未明确。 平头哥作为阿里巴巴全资子公司，成立于2018年，是国内互联网公司中自研芯片的早期探索者，其核心 发展模式是围绕云端数据中心场景开展产品线研发，依托阿里云的场景优势缩短芯片从设计到落地的周 期，这一独特路径使其成为芯片产业链中的黑马。申万宏源表示，阿里云全栈自研技术体系（芯片-服 务器-云OS-大模型）构筑国内A ...

Core Insights - Tmall Supermarket has launched a "Flash Purchase" service in Hangzhou, achieving a city-wide delivery time of 4 hours, making it the first city in China to do so during the New Year shopping festival [4][5]. Group 1: Flash Purchase Service - The Flash Purchase service has expanded from 20 to 50 cities, serving over 400 million users since its inception [5]. - Tmall Supermarket has implemented a multi-layered warehouse system, combining large and small warehouses to enhance delivery efficiency, resulting in a 50% improvement in overall delivery times [5][6]. - The intelligent system at the Yuhang Renhe Flash Purchase warehouse optimizes inventory display and picking paths, significantly increasing picking efficiency [5][6]. Group 2: Product Offering and Consumer Trends - Tmall Supermarket is focusing on "quality" and "health" for its New Year products, offering over 1,000 carefully selected items under its private label "Tmall Supermarket Selection" [6]. - Consumer preferences have shifted from merely seeking low prices to valuing high-quality products and clear ingredient sourcing, indicating a trend towards "buying right" rather than just "buying" [6]. - The supermarket has introduced unique products catering to health-conscious consumers, such as low-GI snacks and clean-label items, reflecting changing consumer demands [6]. Group 3: Holiday Operations - During the upcoming Spring Festival, Tmall Supermarket will maintain its 4-hour delivery service without slowing down, catering to both local residents and tourists [7]. - The extended holiday period is expected to increase demand for essential goods, with Tmall Supermarket prepared to meet these needs efficiently [7].

Core Viewpoint - The majority of popular Chinese concept stocks experienced an increase, with the Nasdaq Golden Dragon China Index rising by 1.59% on January 23 [2] Group 1: Stock Performance - Alibaba saw a rise of over 5% [2] - Bilibili increased by more than 4% [2] - Li Auto and JD.com both rose by over 3% [2] - NIO experienced an increase of over 2% [2]

Core Viewpoint - Alibaba Group is preparing to list its chipmaking arm, T-Head, in response to strong investor interest in AI accelerator technology, aiming to compete with Nvidia [1][2] Group 1: Company Developments - Alibaba plans to restructure T-Head as a business partly owned by employees before exploring an initial public offering (IPO) [1] - The company has committed over $53 billion towards infrastructure and AI development, indicating a long-term strategy to become a leading AI player [4] - Alibaba has revamped its mobile app Qwen to serve as a comprehensive personal assistant, integrating various services under its umbrella [5] Group 2: Market Context - Alibaba's American depositary receipts rose by as much as 7.4% in US trading, reflecting positive market sentiment [2] - The valuation of T-Head remains uncertain, but interest in rival chipmakers suggests a favorable environment for the industry, with Cambricon Technologies valued at approximately $80 billion [2] - Alibaba's stock has outperformed many rivals over the past year, although it remains significantly behind Tencent in market value, with Alibaba at $400 billion compared to Tencent's $700 billion [6]

Group 1 - Chinese assets have surged, with the Chinese concept stock index rising over 2% and Hong Kong futures increasing by approximately 1% [2] - Alibaba's stock price jumped 6%, leading the Chinese concept stocks, as the company prepares to push its chip manufacturing business, Pingtouge, towards an IPO [4] - Alibaba's CEO has committed over $53 billion to infrastructure and AI development, indicating a potential increase in future investments [4] Group 2 - The rise in U.S. stock markets is attributed to easing geopolitical tensions, a rebound in tech giants, and solid economic data [4] - U.S. economic growth in Q3 was slightly above previous estimates, driven by stronger exports and less drag from inventory [4] - Analysts noted that Trump's handling of the Greenland issue at the Davos World Economic Forum was effective in calming market fears [5]

Group 1: Market Performance - Chinese assets have surged, with the Chinese concept stock index rising over 2% and major Hong Kong index futures increasing by approximately 1% [1] - Alibaba's stock price has skyrocketed by 6%, leading the Chinese concept stocks [3] Group 2: Alibaba's Business Developments - Alibaba is preparing to push its chip manufacturing business, Pingtouge, towards an IPO, starting with a restructuring to make it partially employee-owned [3] - The valuation of Pingtouge remains uncertain as the process is still in its early stages [4] Group 3: Economic Context - The U.S. stock market has risen due to easing geopolitical tensions, a rebound in tech giants, and solid economic data [4] - U.S. GDP growth for the third quarter slightly exceeded previous estimates, driven by stronger exports and less drag from inventory [4] - Initial jobless claims in the U.S. remained stable at 200,000, indicating a strong consumer base [4] Group 4: Geopolitical Factors - Trump's comments regarding Greenland have influenced market sentiment, with analysts noting a cautious approach from traders [4] - There are discussions about European countries potentially using U.S. assets as a countermeasure against Trump's Greenland-related tariff threats [5]

阿里巴巴股价暴涨6%，领涨中概股。消息面上，有报道称，阿里巴巴正准备推动其芯片制造业务 平头哥 上市。作为第一步，阿 里巴巴计划对该业务进行重组，将其调整为一家由员工部分持股的企业。随后公司将研究推进首次公开募股（IPO），但时间安排 仍不明确。 【导读】中国资产暴涨 中国基金报记者 泰勒 大家好，今晚继续关注海外市场的表现。 1月22日晚间，美股三大指数上涨。 而更亮眼的是，中国资产暴涨，中概股指数暴涨超2%，港股夜盘，两大指数期货涨约1%，富时中国A50期货指数涨约0.4%。相信周五A股会有 不错的表现！ 目前这项流程仍处于早期阶段，尚不清楚平头哥能获得多高估值。竞争对手芯片公司（如摩尔线程科技）的上市动向已引发强烈关注。 自DeepSeek点燃国内科技行业热情以来，阿里巴巴一直是AI领域最激进的投资者和倡导者之一。首席执行官已承诺投入逾530亿美元用于基础设 施与AI发展，并表示这项投入未来可能继续增加。 美股上涨的原因，源于地缘政治紧张局势降温、科技巨头反弹以及稳健的经济数据。随着美国在"获取格陵兰岛"问题上的威胁措辞有所收敛、 市场情绪得到安抚。特朗普表示不再实施原定于2月1日生效的对欧新关税，并宣 ...

Group 1 - The latest U.S. economic data led to a collective rise in major stock indices, with the Dow Jones Industrial Average up by 211.93 points (+0.43%), the Nasdaq Composite up by 131.06 points (+0.56%), and the S&P 500 up by 21.96 points (+0.32%) [2] - Chinese concept stocks saw significant gains, with the Nasdaq China Golden Dragon Index rising over 2%, and Alibaba leading the charge with a rise of over 7% [2] - Alibaba Group has reportedly decided to support its chip subsidiary, Pingtouge, for future independent listing, although the specific timeline remains unclear [2] Group 2 - Ideal Automotive and Century Internet both rose over 5%, while NIO and TAL Education increased by over 4%. In contrast, Xinyang and Thunder fell by over 2% [3] - The international precious metals market saw a surge, with gold prices reaching $4840 and silver prices exceeding $94, marking a daily increase of over 1% [3] - International oil prices declined, with both WTI and Brent crude oil down nearly 2% [3] Group 3 - U.S. natural gas futures continued to soar, with a rise of 13.29% following a previous surge of over 29% [4] - The increase in U.S. natural gas prices is attributed to colder weather forecasts in Europe, which have strengthened export demand expectations [4] Group 4 - The cryptocurrency market experienced a downturn, with Bitcoin priced at $89,211.7, reflecting a nearly 0.7% drop, and Ethereum and SOL down over 1% [6] - Over the last 24 hours, more than 135,000 traders faced liquidation, totaling $538 million [6]

具体来看， 科技七巨头全线上涨，脸书涨超3% ，谷歌、苹果、特斯拉涨超0.8%。 半导体、存储板块盘初迅速转跌 ，闪迪、西部数据跌超4%，美光科技、英特尔跌近2%。消息 面上，英特尔将率先在当地时间22日美股盘后公布今年第一份美股大型企业财报。 中概股多数上涨，纳斯达克中国金龙指数涨超2%， 小马智行、 阿里巴巴涨超7%。 消息面 上，有报道称，阿里巴巴集团已决定支持旗下芯片公司平头哥未来独立上市，具体时间尚不明 确。对此，21快讯记者咨询阿里巴巴，截至发稿，阿里方面未对该消息作出回应。 阿里旗下 芯片公司被指将上市，曾一年造出据称全球最强AI芯片 理想汽车、世纪互联涨超5%，蔚来、好未来张超4%；新氧、迅雷跌超2%。 国际贵金属市场全线飘红，金价短线拉升，截至23:00， 现货黄金向上触及4840美元 ，现货白 银站上94美元上方，日内涨超1%。 国际油价走低 ，美油、布油均跌近2%。据财联社报道，美国能源部长克里斯·赖特在达沃斯表 示，全球石油产量需增至目前的两倍以上。 继上个交易日暴涨逾29%后， 美国天然气期货继续狂飙 ，截至发稿，涨幅高达13.29%。 据新华财经报道，欧洲1月中下旬气温预期从温和转 ...

Group 1 - Alibaba Group Holding Ltd is moving towards listing its chip unit, T-head, in response to strong investor interest in AI accelerator companies competing with Nvidia [1] - The restructuring of the chip unit will include partial employee ownership prior to the initial public offering [1] Group 2 - Alibaba's stock (BABA) has increased by 4% to $176.66, having recently surpassed the $155 resistance level, and is up 96% year over year [2] - Options trading volume for BABA is significantly high, with 120,000 calls and 22,000 puts traded, indicating strong market activity [2] - The most active options contract is the weekly 1/23 180-strike call, set to expire soon [2] Group 3 - The current Schaeffer's Volatility Index (SVI) for BABA is 43%, which is higher than 82% of readings from the past year, suggesting favorable conditions for options trading [3] - Alibaba's Schaeffer's Volatility Scorecard (SVS) is at 81, indicating that the stock has historically exceeded options traders' volatility expectations [3]