3、美团：拟7.17亿美元收购叮咚 美团2月5日公告，公司拟以7.17亿美元收购中国大陆领先的生鲜电商企业叮咚的全部已发行股份。根据 协议，转让方可从目标集团提取不超过2.8亿美元的资金，但需确保目标集团净现金不低于1.5亿美元。 此次收购将使目标公司成为美团的间接全资附属公司，其财务业绩将并入美团的财务报表。 4、天汽模：筹划购买东实股份股权 股票停牌 天汽模2月5日公告，公司正在筹划通过发行股份及支付现金的方式购买东实汽车科技集团股份有限公司 股权并募集配套资金，预计构成重大资产重组。公司股票自2026年2月6日起停牌，预计在不超过10个交 易日内披露交易方案。若公司未能在上述期限内召开董事会审议并披露交易方案，公司股票将于2026年 3月2日开市起复牌并终止筹划相关事项。 5、两连板协鑫集成：公司暂未获得"太空光伏"领域的相关订单 今日聚焦 1、百度集团：董事会已批准一项新的50亿美元股份回购计划 百度集团2月5日公告，董事会已批准一项新的50亿美元股份回购计划及一项股息政策，旨在进一步提升 股东回报。 2、太极实业：子公司十一科技预中标华虹FAB9B项目投标报价37.78亿元 太极实业2月5日公告，子 ...

2026 年春节前，腾讯元宝、百度文心、阿里千问等头部AI应用集中发起总额超45亿元（仅统计公开数据，部分应用并未明确自己的红包额度，实际预估 这次的红包大概率远超45亿）的红包营销活动，试图以现金激励抢占用户、培养 AI 使用习惯。此举颇有几分当年春节红包大战的既视感。 然而活动开展不到三天，微信安全中心发布公告称，收到用户针对元宝"做任务""领红包"等方式诱导高频分享链接至微信群的反馈投诉，此类行为干扰平 台生态、影响用户体验、造成骚扰。最终，微信将限制元宝在微信内直接打开，即日生效。2月5日，继微信封杀腾讯元宝红包链接后，百度文心助手红包 分享链接也被屏蔽。 此时回看马化腾1月份在2026年腾讯员工大会上的发言——"元宝希望把节省的营销费用转成红包，重现当年微信红包盛况"，确有难以言喻的黑色幽默。 但这次AI应用们拿出如此庞大的金额来发红包，甚至传播力度大到让微信亲自下场封禁链接，连自己人都不放过，确实在一定程度上暴露了两个核心关 键： 其一，微信的核心资产是社交链，而社交链是建立在"不打扰用户"和"规则可信"之上的，为了捍卫基本盘，微信连自己人都可以"杀"。 其二，AI红包活动的本质是"现金激励+任务 ...

2月5日，抖音、抖音精选发布《2025抖音精选公开课数据报告》（下称"报告"）。报告显示，抖音精选公开课自2025年8月上线以来，已与 100多所高校达成合作，收录超1800门高校公开课及考研、考公备考课，吸引了超1.45亿用户观看7.6亿次，其中完整看完一门课的用户数超 过175万。 《钱的流转》《书法》《普通物理》等课程成为完播人数最高的高校公开课。从地域分布上看，北京、上海、西安成为公开课深度用户（观 看时长大于200小时）最多的前三大城市；学科方面，前沿的AI计算机相关课程成为最受欢迎的公开课，数学相关课程则成为时长最长的公 开课；时间维度上看，无论是30多年前录制的大师经典公开课，还是考公、考研前名师坐镇的"上岸必修课"，均大受欢迎。值得一提的是， 抖音精选平台推出的"听抖音""问AI"等实用功能，降低了学习门槛，为用户解锁了知识获取的新方式。 AI相关课程最受欢迎，经典大师课获得持续关注 报告介绍，抖音精选公开课现已覆盖理学、工学、经济学、医学等14个学科门类，86个一级学科。前沿AI相关课程最受欢迎，播放量前10名 的高校公开课中，AI和计算机课程独占六席。北京大学计算机学院陈斌教授讲授的《Py ...

元宝春节红包活动遭整顿后，百度文心红包活动也被微信出招设"关卡"。 今年春节，互联网巨头们打响AI应用红包战——1月底，腾讯元宝、百度文心助手分别宣布抛出10亿元、5亿元春节现金红包；2月初，阿里千问加大筹码， 宣布投入30亿元启动"春节请客计划"；与此同时，字节跳动旗下抖音也设立了集祥马分3亿活动。 在互联网巨头投入真金白银的"红包大战"中，用户们的参与热情持续高涨。其中，腾讯元宝红包凭借其打通微信与QQ的分享链路，自2月1日正式上线以 来，迅速实现了社交裂变式传播。 记者注意到，社交媒体上，不少用户分享，为方便在群聊中分享和抢领元宝红包，其在微信上自发建立了专属红包活动群。然而，元宝红包在部分微信群中 的刷屏现象，也引发了用户反感，并被质疑涉嫌诱导分享。 就在前一日，2月4日，微信官方信息账号"微信派"、微信安全中心曾发布公告，对元宝春节营销活动的违规链接进行处置，限制其在微信内直接打开。相关 处置措施即日生效。 公告中，微信表示，收到用户针对元宝的反馈和投诉，其相关春节营销活动存在通过"做任务""领红包"等方式诱导用户高频分享链接到微信群等场景，干扰 平台生态秩序、影响用户体验、对用户造成骚扰。"我们将 ...

今年春节，互联网巨头们打响AI应用红包战——1月底，腾讯元宝、百度文心助手分别宣布抛出10亿元、5亿元春节现金红包；2月初，阿里千问加大筹 码，宣布投入30亿元启动"春节请客计划"；与此同时，字节跳动旗下抖音也设立了集祥马分3亿活动。 在互联网巨头投入真金白银的"红包大战"中，用户们的参与热情持续高涨。其中，腾讯元宝红包凭借其打通微信与QQ的分享链路，自2月1日正式上线 以来，迅速实现了社交裂变式传播。 记者注意到，社交媒体上，不少用户分享，为方便在群聊中分享和抢领元宝红包，其在微信上自发建立了专属红包活动群。然而，元宝红包在部分微信 群中的刷屏现象，也引发了用户反感，并被质疑涉嫌诱导分享。 就在前一日，2月4日，微信官方信息账号"微信派"、微信安全中心曾发布公告，对元宝春节营销活动的违规链接进行处置，限制其在微信内直接打开。 相关处置措施即日生效。 元宝春节红包活动遭整顿后，百度文心红包活动也被微信出招设"关卡"。 2月5日，不少用户发现，继限制元宝红包分享链接后，百度文心助手红包分享链接也被微信屏蔽。用户点击百度文心助手红包分享链接时，页面显示网 页存在诱导或误导下载/跳转的内容，需要跳转第三方浏览器访问 ...

Market Overview - A-shares experienced a collective pullback today, with the Shanghai Composite Index down 0.64% closing at 4075.92 points, the Shenzhen Component down 1.44% at 13952.71 points, and the ChiNext Index down 1.55% at 3260.28 points [3][4] - The trading volume in the Shanghai and Shenzhen markets was significantly reduced to 2.19 trillion yuan, a decrease of 309 billion yuan compared to the previous day [3][4] Sector Performance - The consumer sector, particularly represented by "two bottles of liquor," led the gains, driven by expectations of increased consumption during the Spring Festival [4] - The beauty and personal care sector ranked first in gains, followed by tourism and hospitality, with significant contributions from Kweichow Moutai and Wuliangye to the market indices [4] Declining Sectors - Precious metals, including gold and silver, saw significant declines, impacting related sectors such as energy metals and non-metallic materials [5] - The coal and mining sectors also faced notable declines, influenced by previous gains due to production cuts in Indonesia [5] Technology Sector Insights - The technology sector's performance is closely linked to the U.S. market, with significant drops in major tech stocks like AMD and Nvidia, raising concerns for A-share tech stocks, particularly in the semiconductor sector [6] - The potential for a turning point in A-share tech stocks is highlighted, especially if U.S. tech stocks continue to decline due to high valuations and decreasing demand [6] Market Dynamics - The market saw a rebound led by bank stocks in the morning, followed by a surge in the securities sector, which contributed to the formation of a market bottom [6] - The insurance sector's performance in the afternoon further solidified the rebound, with notable performances from companies like China Ping An [6] Hong Kong Market Trends - The Hong Kong market also exhibited a rebound, with the Hang Seng Index closing up 0.14% and a significant increase in trading volume [7] - Notable individual stock performances included Tencent rebounding from a 3% drop and Baidu's strong performance following a share buyback announcement [7]

01 迎接AI大战，BAT启动"创始人模式" 近十年来，百度、阿里、字节、腾讯创始人的首次全线回归并亲自下场，标志着2026年AI的决战时刻正式来临。 阿里巴巴创始人马云回归，将AI黄金三角作为核心的AI叙事逻辑，并亲自命名为"通云哥"（通义实验室、阿里云和平头哥），试图通过大模型、云计算和 芯片的三位一体强化护城河。同时，千问App取代夸克成为阿里巴巴争夺超级入口的核心角色。 腾讯创始人马化腾重拾"红包战法"，元宝以10亿元现金红包激励与全新的AI社交功能"元宝派"积极迎战，试图重现2015年微信红包的高光时刻。 字节跳动联合创始人梁汝波也在开年全员会上立下"勇攀高峰"的军令状。集中火力推动豆包、Dola（海外版AI助手）的渗透。 至此，大厂们都在2026年春节这一关键窗口，锁定了AI入口这一主战场。春节的红包，早已不只是节日礼金，而成了通往下一个十年的"船票"。 在所有人都试图通过"造新船"来抢占滩头时，百度选择了另一套"登船"逻辑。 36氪独家获悉，近日，百度CEO李彦宏在2026开年做了一次重要的内部分享。 在本次内部分享中，李彦宏再次强调了应用在Al时代的重要性，定调"AI时代的应用就是智能体"，并 ...

Core Viewpoint - The article emphasizes the strategic importance of Baidu's "chip-cloud-model-body" full-stack layout in the AI era, positioning the company favorably in the competitive landscape of AI applications and technology [2][25][26]. Group 1: Baidu's Strategic Positioning - Baidu's CEO, Li Yanhong, highlighted the significance of applications in the AI era, defining four types of intelligent agents: search agents, digital human agents, code agents, and evolutionary agents [4]. - The company has redefined its architecture to focus on "chip-cloud-model-body," indicating a shift in strategy to enhance its competitive edge in AI [4][18]. - Baidu aims to integrate its AI capabilities within its existing app ecosystem, allowing users to transition seamlessly from traditional search to AI interactions without the need for additional downloads [15][18]. Group 2: Competitive Landscape - The return of founders from major tech companies (BAT) signifies a pivotal moment in the AI competition, with each company launching initiatives to secure their positions in the AI market [6][9]. - The competition is characterized by a "red envelope war," where companies are leveraging cash incentives to attract users, reminiscent of past successful strategies in the Chinese internet landscape [14][15]. - The AI entrance battle has evolved into a "three-legged" competition among Baidu's Wenxin, Alibaba's Qianwen, and Douyin's Doubao, marking a significant shift in user engagement strategies [13][14]. Group 3: Baidu's Technological Advancements - Baidu's Kunlun chip is set to generate significant revenue, with projections indicating a 140% year-on-year growth, highlighting the company's focus on chip development as part of its full-stack strategy [22]. - The company's AI cloud revenue has also seen substantial growth, with a 33% increase year-on-year, and an ambitious target of 200% growth for AI-related revenue in 2026 [22]. - The release of Wenxin 5.0, with advanced capabilities in multimodal understanding and generation, positions Baidu at the forefront of AI technology, surpassing competitors in key performance metrics [23][24]. Group 4: Full-Stack Strategy Implications - Baidu's full-stack approach allows for optimized efficiency and cost-effectiveness, reducing the gap between hardware and algorithm compatibility, which is crucial for AI application performance [24]. - The integration of chip, cloud, and model technologies enables Baidu to maintain control over its AI infrastructure, ensuring stability and resilience in a complex geopolitical landscape [24]. - The article suggests that while the entrance competition may evolve, the ability to convert technology into user value will remain a core strength for Baidu, emphasizing the importance of a comprehensive technological framework [25][26].

Group 1 - The core point of the news is the significant drop in precious metal prices, with gold experiencing its largest single-day decline in 40 years and silver hitting a historic intraday drop of 36% [1][2][4] - On January 31, spot gold prices fell over 12%, reaching a low of $4682 per ounce, while closing down 9.25% at $4880 per ounce [2][4] - Spot silver prices dropped to a low of $74.28 per ounce, closing down 26.42% at $85.259 per ounce [4][8] Group 2 - The sell-off in precious metals was triggered by the strengthening of the US dollar, following the announcement of Kevin Walsh as the new Federal Reserve Chairman, which raised concerns about the Fed's independence [4][6][7] - The dollar index saw a significant increase, marking its largest single-day rise since July of the previous year, which negatively impacted investor confidence in gold and silver [4][5] - The market was already experiencing a demand for a correction, and the combination of factors, including the Fed chair nomination and broader capital flow dynamics, acted as a catalyst for profit-taking [4][6] Group 3 - The broader US stock market also faced declines, with major indices closing lower due to uncertainties surrounding Federal Reserve policies, inflation pressures, and geopolitical risks [5] - The gold sector saw substantial losses, with major companies like Barrick Gold and AngloGold experiencing declines of over 10% [5] - The sell-off in precious metals was characterized by panic selling and profit-taking, particularly among leveraged positions, which exacerbated market volatility [8][12]

Baidu.com Inc. (BIDU), a Chinese AI and internet company, announced that its Board of Directors has approved a new $5 billion share repurchase program and a dividend policy, citing its substantial cash reserves and sound financial management capabilities.In pre-market activity on the Nasdaq, the shares were gaining around 4.5 percent to trade at $144.20, after closing Wednesday's trading 4.8 percent lower at $137.95.In a statement, the company said the new share repurchase program for up to $5 billion will ...