Market Performance - The three major US stock indices closed mixed, with the Dow Jones down 0.83% at 49,003.41 points, the S&P 500 up 0.41% at 6,978.6 points, and the Nasdaq up 0.91% at 23,817.1 points [1] - Major European indices showed mixed results, with Germany's DAX down 0.07% at 24,916.7 points, France's CAC40 up 0.27% at 8,152.82 points, and the UK's FTSE 100 up 0.58% at 10,207.8 points [1] Sector Performance - Technology stocks generally rose, with Intel up over 3% and Amazon up over 2% [1] - Popular Chinese concept stocks had mixed performances, with TSMC up 1.67%, Alibaba up 0.78%, Pinduoduo up 0.05%, and Baidu up 1.00% [1] Commodity Prices - COMEX gold futures increased by 1.91% to $5,179.60 per ounce, while COMEX silver futures fell by 2.73% to $112.34 per ounce [1] - International oil prices rose collectively, with WTI crude oil up 3.2% at $62.57 per barrel and Brent crude oil up 2.98% at $66.71 per barrel [1] Currency and Bond Markets - The US dollar index fell by 1.34% to 95.7455, while the offshore RMB appreciated by 156.2 basis points to 6.9336 against the US dollar [1] - US Treasury yields were mixed, with the 2-year yield up 0.64 basis points at 3.596% and the 10-year yield up 2.79 basis points at 4.243% [1] - European bond yields rose collectively, with the UK 10-year yield up 2.8 basis points at 4.523% [1]

本文字数：1810，阅读时长大约3分钟 作者 | 第一财经 胡弋杰 周二，美股走势分化。标普500指数连续第五个交易日上涨，并创收盘纪录新高，纳斯达克综合指数同步走 强；但在医疗保险股大幅下挫拖累下，道琼斯工业平均指数明显回落。 2026.01. 28 截 至 收 盘 ， 道 琼 斯 指 数 下 跌 408.99 点 ， 跌 幅 0.83% ， 报 49003.41 点 ； 标 普 500 指 数 上 涨 28.37 点 ， 涨 幅 0.41%，报6978.60点；纳斯达克综合指数上涨215.74点，涨幅0.91%，报23817.10点。 标普500指数盘中一度触及6988.82点的历史高位，最终收于6978.60点，距离7000点心理关口仅约0.3%。该 指数今年以来已第四次刷新收盘纪录。纳指同样连续第五天上涨，目前距离2025年10月29日的历史收盘高 点仅低0.59%。 科技板块继续领涨。英伟达涨1.10%，微软涨2.19%，苹果涨1.12%，亚马逊涨2.63%，Meta涨0.09%，博通 涨2.44%，谷歌涨0.42%，超威半导体涨0.29%。特斯拉跌0.99%。 | 苹果(APPLE) | 258. ...

*医疗保险股大跌，道指承压 *科技股领涨，财报季持续推进 周二，美股走势分化。标普500指数连续第五个交易日上涨，并创收盘纪录新高，纳斯达克综合指数同 步走强；但在医疗保险股大幅下挫拖累下，道琼斯工业平均指数明显回落。 截至收盘，道琼斯指数下跌408.99点，跌幅0.83%，报49003.41点；标普500指数上涨28.37点，涨幅 0.41%，报6978.60点；纳斯达克综合指数上涨215.74点，涨幅0.91%，报23817.10点。 标普500指数盘中一度触及6988.82点的历史高位，最终收于6978.60点，距离7000点心理关口仅约 0.3%。该指数今年以来已第四次刷新收盘纪录。纳指同样连续第五天上涨，目前距离2025年10月29日 的历史收盘高点仅低0.59%。 【热门股表现】 科技板块继续领涨。英伟达涨1.10%，微软涨2.19%，苹果涨1.12%，亚马逊涨2.63%，Meta涨0.09%，博 通涨2.44%，谷歌涨0.42%，超威半导体涨0.29%。特斯拉跌0.99%。 *聚焦美联储会议，黄金再创新高 | 苹果(APPLE) | 258.270 | 1.12% | | --- | --- | ...

Company News - Shenwan Hongyuan (06806.HK) expects a net profit of approximately 9.1 to 10.1 billion yuan for 2025, representing a year-on-year increase of 74.64% to 93.83% [8] - China Overseas Property (02669.HK) anticipates a revenue increase of about 5% to 7% for the fiscal year 2025, while gross profit and net profit are expected to decline by approximately 3% to 4% and 9% to 10%, respectively, due to a slowdown in contract conversion speed in the real estate sector [8] - Minmetals Resources (01208.HK) expects its unaudited profits for the 2025 fiscal year to be negatively impacted by impairment expenses [8] - China Traditional Chinese Medicine (00570.HK) issued a profit warning, forecasting a net loss of approximately 350 to 500 million yuan for the 2025 fiscal year [8] - Emperor Watch and Jewellery (00887.HK) announced a profit increase, expecting a net profit of no less than 420 million HKD for the 2025 fiscal year, representing a year-on-year growth of over 60% [9] - Vanke Enterprises (02202.HK) plans to obtain a loan of up to 2.36 billion yuan from its major shareholder, Shenzhen Metro Group [10] Market Performance - The Nasdaq China Golden Dragon Index rose by 0.48%, with notable gains in popular Chinese concept stocks such as Kingsoft Cloud, which increased by 8.77%, and Bilibili, which rose by 3.43% [6] - The Hang Seng Index increased by 1.35%, closing at 27,126.95 points, while the Technology Index rose by 0.50% [6] - Market performance showed active interest in sectors such as insurance, semiconductors, and AI applications, while coal, internet healthcare, and pharmaceutical stocks faced downward pressure [7]

本文源自：金融界AI电报 巴克莱：将百度(BIDU.O)目标价从100美元上调至147美元。 ...

来源：连线Insight /王慧莹 编辑/子夜 1月23日，阿里巴巴港股开盘站上171港元/股高位，创下去年11月以来的新高。 让阿里股价应声大涨的，是旗下低调了八年的芯片制作业务——平头哥。1月 22 日，彭博社披露，阿里计划将平头哥重组为员工持股的独立实体，随后启 动IPO进程。 全栈式自研，平头哥赌对了 尽管此次独立上市尚属传闻阶段，但伴随国内外科技企业在AI算力的投入及资本化动作，平头哥上市的动作早就在市场的意料之中。 说起平头哥，这个最早始于阿里达摩院的芯片项目组，在2018年云栖大会上被拆分，自此踏上了攻克半导体核心技术的征程。 文 图源平头哥官网 "八年磨一剑"，关于分拆平头哥的消息有很多，芯片向来牵动阿里的神经。去年9月，阿里股价也因阿里造芯动作随之大涨。随着阿里AI战略愈加明朗， 若成功上市，便意味着平头哥站在了新的起点上。 一路走来，平头哥不仅要支撑阿里内部需求，还要面对广阔的市场，打造独立的商业闭环。这条布满荆棘的自研造芯之路上，平头哥始终在迎难而上，如 今，或许到了结果的时刻。 承载着阿里做芯片的野心，平头哥的发展轨迹颇具代表性：从首款AI推理芯片"含光800"，到CPU、GPU、存储 ...

Core Insights - The AI application concept has seen significant growth in the Hong Kong stock market, with MINIMAX-WP rising by 26.48%, Zhizhu by 7.56%, and Alibaba by nearly 3% [1][2] - Major tech companies are intensifying their competition in the AI sector, with each adopting different strategies [5][17] Group 1: Company Developments - Alibaba has released its strongest model, Qwen3-Max-Thinking, which is claimed to be the largest and most capable reasoning model, outperforming competitors like GPT-5.2 and Gemini 3 Pro in several benchmark tests [4][5] - Tencent's CEO, Ma Huateng, acknowledged the slow pace of AI development and emphasized the integration of large models and AI products [3] - Baidu has increased its AI-related revenue growth forecast for 2026 to 200%, aiming to lead the AI cloud market [3] Group 2: Model Innovations - Qwen3-Max-Thinking features over one trillion parameters and has set new records in 19 authoritative benchmark tests, focusing on reasoning technology innovations [5][8] - The model employs a new Test-time Scaling mechanism that enhances reasoning performance while being more economical, allowing for more efficient and intelligent reasoning results [7][8] - The model has significantly improved its autonomous tool-calling capabilities, enabling it to perform complex tasks like planning trips and analyzing data [8][9] Group 3: Strategic Moves - Alibaba is integrating Qwen into its ecosystem while also planning to spin off its chip company, Pingtouge, to transform it from a cost center to a revenue center [10][11] - The integration of Qwen into Alibaba's ecosystem aims to create a "super entrance" for AI applications, connecting various services like e-commerce, local life, and entertainment [13][15] - Other tech giants like Tencent and Baidu are also enhancing their AI strategies, with Tencent focusing on integrating AI into its social products and Baidu targeting B2B solutions [17][18]

大型科技股走势分化，哔哩哔哩涨超5%，阿里巴巴涨近3%，腾讯、小米飘红，京东跌超2%，美团、百度小幅下跌。 | 代码 | 名称 | | 最新价 | 涨跌额 | 涨跌幅 > | | --- | --- | --- | --- | --- | --- | | 09626 | 昨晩時間-W | (0) | 271.200 | +15.000 | 5.85% | | 09988 | 阿里巴巴-W | | 169.900 | +4.700 | 2.85% | | 01347 | 华虹半导体 | | 114.200 | +3.000 | 2.70% | | 02382 | 舜宇光学科技 | | 63.150 | +1.150 | 1.85% | | 00992 | 联相生团 | | 8.880 | +0.160 | 1.83% | | 09866 | 商来-SW | | 36.680 | +0.660 | 1.83% | | 09961 | 携程集团-S | | 499,400 | +7.200 | 1.46% | | 00981 | 中芯国际 | | 76.600 | +1.050 | 1.39% | | 00700 ...

港股三大指数集体收涨，恒生科技指数一度冲高至1.6%，最终收涨1.35%重新站上27000点，国企指数 涨1.07%，恒生科技指数涨0.5%。具体盘面上，权重科技股走势继续分化，阿里巴巴涨近3%，腾讯、小 米、快手飘红，京东跌超2%，美团、百度小幅下跌；保险股、银行股拉升走强助力大市回暖，其中中 国人寿涨近9%，工商银行、农业银行、建设银行皆有涨幅，汇丰控股、中烟香港再创历史新高；黄金 股部分继续上涨，紫金矿业、紫金黄金国际均大涨再创历史新高；重型机械股继续活跃，中国重汽、三 一国际齐创新高；光伏股、苹果概念股、港口及海运股、AI应用概念股普遍上涨。另一方面，钢铁 股、铜业股、煤炭股全天疲弱，其中，中国罕王大跌近11%，汽车股、家电股、水务股多数下跌。(格 隆汇) ...

银行股延续强势，其中阿莱恩斯西部银行上涨1.63%，摩根士丹利上涨1.61%，花旗集团/高盛/摩根大通 等股涨幅均在1%上方；联合银行逆势收跌。 科技股弱势分化，其中英特尔大跌5.72%，超威公司下跌3.22%，特斯拉下跌3.09%，奈飞/亚马逊/英伟 达/高通等股均小幅收跌；苹果逆势大涨2.97%，META上涨2.06%，谷歌上涨1.63%。 小幅高开后全天维持在中轴上方盘整，截至收盘三大指数集体收涨，其中道指上涨0.64%，纳指上涨 0.43%，标指上涨0.5%。盘面上，银行股延续强势，科技股分化回撤，中概股低开低走，黄金再创新 高。 COMEX黄金跳空高开后全天维持在高位盘整，再创新高，截至收盘上涨1.21%报5043.4美元/盎司，盘 中最低报5145.2美元/盎司，最高报5022.9美元/盎司。 理财就是一场修行，有人修有人度，结果就是看谁踩准了点，把握住了机会。 中概股低开低走后全天维持在低位盘整，截至收盘中国金龙下跌0.63%，其中理想汽车上涨1.38%，腾 讯控股/网易/拼多多/哔哩哔哩/腾讯控股等股均小幅收涨；百度逆势大跌3.32%，小鹏汽车下跌2.39%。 ...