我个人的观点是：蚂蚁阿福快速崛起，主要仰仗营销攻势。无论是邀请著名主持人何炅代言还是在2026年支付 宝"集五福"活动、央视马年春晚中刷存在感，本质上是基于砸钱的大规模饱和式营销，助力其快速提升知名度， 从而吸引更多用户尝鲜。 相比之下，蚂蚁阿福在产品层面带来的惊喜和实用价值则相对有限，对用户的吸引力明显弱于砸钱推广。去年12 月，AQ升级为蚂蚁阿福，主打健康陪伴、健康问答、健康服务三个功能。 作者：龚进辉 这个春节，蚂蚁集团旗下独立AI健康应用——蚂蚁阿福可谓风光无限。通过"健康福"活动和亮相央视马年春晚， 迅速进入国民视野并引发广泛关注。最新数据显示，蚂蚁阿福App总用户数已突破1亿，成为全球第一大健康AI App。 春节假期，返乡青年掀起教家人用阿福的热潮，推动蚂蚁阿福App下载量持续飙升，连续多天登顶苹果App Store 应用下载总榜第一。蚂蚁阿福App春节新增用户中，52%来自三线及以下城市。 蚂蚁阿福App用户破亿固然值得可喜可贺，代表其获得大量用户认可，已积蓄一定的势能，站上发展的新起点。 不过，这一亮眼成绩的取得，到底是产品本身的功劳更大，即精准契合用户对健康管理的需求，还是营销获客的 功劳 ...

马年春节后，A股连阳两天，第三个交易日略有调整，窄幅震荡分化，但成交活跃度不错，杠杆资金热度较年前回暖。 2月26日，A股赚钱效应一般，结构性特征明显：2485只个股收涨，通信、电子、军工等科技股亮眼；电源设备下跌，有色、煤炭回调，但钢铁、化工仍 受青睐；大消费、传媒持续弱势。 受访人士告诉记者，A股当天行情主要是获利盘兑现与政策预期博弈共振的结果。行业轮动加速印证存量博弈特征，资金抢先布局通信、电子等科技主 线；地产消费走低暴露内需分歧，科技成长正从主题炒作转向业绩验证。预计3月底至4初中美关系观察窗口期，市场可能演绎震荡市中的反弹波段，而科 技新方向将是最佳机会。 两融余额增至2.65万亿元 早盘指数低开，全天窄幅震荡。截至收盘，沪指微跌0.01%报4146.63点，创业板指收跌0.29%报3344.98点，深证成指收红0.19%。沪深300、上证50、北证 50微跌，科创50收涨0.85%。 交易量能连续三个交易日放大，今日三市日成交额增加756亿元，达2.56万亿元。杠杆资金热度回暖，截至2月25日，沪深京两融余额增至2.65万亿元。 市场赚钱效应不强，个股涨跌互现。2485只个股收涨，涨停股78只； ...

证券日报网讯2月26日，朗科科技（300042）在互动平台回答投资者提问时表示，朗科算力调度平台具 备算力资源监测、调度、租赁运营与系统管理能力，正逐步搭建AI大模型API调用服务体系，平台目前 暂未支持所述产品在线一键部署。 ...

Core Viewpoint - The article discusses the phenomenon of users receiving friend requests on WeChat from strangers using virtual WeChat IDs generated by AI platforms, raising concerns about privacy and data security [1][2]. Group 1: AI Platforms and User Experiences - Users have reported receiving friend requests from strangers via AI-generated WeChat IDs, leading to feelings of being "betrayed" when they discover the source of the contact [2]. - The AI platform "豆包" provided a user with multiple virtual WeChat IDs, one of which matched a real user's ID, while the platform emphasized the importance of privacy and stated that real IDs cannot be generated [6][7]. - Other AI platforms, such as Deepseek and 千问, also allow users to request the generation of virtual WeChat IDs, with varying degrees of success in matching real users [6][7]. Group 2: Privacy Concerns and Expert Opinions - Experts suggest that the ability of AI to generate IDs that match real users could stem from publicly available information or the AI's training data, which may include existing WeChat IDs [10]. - 聂再清, a researcher from Tsinghua University, indicated that the AI models might generate plausible WeChat IDs based on statistical probabilities, but if a platform can consistently generate a high percentage of real IDs, it warrants further investigation into their methods [10]. - The WeChat customer service advised against using personal information in WeChat IDs, highlighting the importance of privacy in the context of AI-generated content [11].

Investment Rating - The report does not provide a specific investment rating for the company mentioned, MGM China Holdings Limited [6][30]. Core Insights - MGM China's revenue for Q4 2025 reached HKD 9.62 billion, representing a year-on-year increase of 21.4% and a quarter-on-quarter increase of 13.0%, achieving 169.0% of the revenue compared to the same period in 2019 [6]. - Adjusted EBITDA for the same quarter grew by 29.5% year-on-year and 16.0% quarter-on-quarter to HKD 2.75 billion, marking a new quarterly high at 176.7% of the EBITDA compared to 2019 [6]. - The VIP business turnover increased by 5.7% year-on-year and 10.3% quarter-on-quarter to HKD 30.64 billion, recovering to 46.3% of the 2019 level [6]. - The mass market business saw a year-on-year growth of 20.0% and a quarter-on-quarter growth of 8.8%, reaching HKD 8.56 billion, which is 217.1% of the 2019 level [6]. - The overall market share for the group in Q4 reached 16.5%, benefiting from a focus on high-end mass market strategies and optimized products and services [6]. Summary by Sections Company Performance - MGM China's Q4 2025 revenue was HKD 9.62 billion, with a year-on-year growth of 21.4% and a quarter-on-quarter growth of 13.0% [6]. - Adjusted EBITDA for Q4 was HKD 2.75 billion, with a year-on-year increase of 29.5% and a quarter-on-quarter increase of 16.0% [6]. - The EBITDA margin increased by 1.8 percentage points year-on-year and 0.7 percentage points quarter-on-quarter to 28.5% [6]. VIP and Mass Market Business - VIP business turnover for Q4 was HKD 30.64 billion, with a year-on-year increase of 5.7% and a quarter-on-quarter increase of 10.3% [6]. - Mass market business turnover reached HKD 8.56 billion, with a year-on-year growth of 20.0% and a quarter-on-quarter growth of 8.8% [6]. Market Share and Strategy - The group's market share in Q4 was 16.5%, with an annual average exceeding 16% [6]. - The company’s strategy focuses on high-end mass market business and continuous optimization of products and services [6].

证券之星消息，根据天眼查APP于2月25日公布的信息整理，深圳天元兴科技有限公司天使轮融资，融 资额数千万人民币，参与投资的机构包括弘德投资，盛世投资，海愿资本。 天元兴成立于2024年12月，前身为商汤科技工业机器人事业部，由商汤工业机器人原班核心团队完成拆 分成立，是商汤科技X生态成员企业。自成立之初便自带深厚的AI大模型技术沉淀，成熟的工业机器人 技术积累，工程化落地能力以及行业头部客户落地经验。 数据来源：天眼查APP 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 ...

投资策略 +-[Table_MainInfo]春节消费温和复苏，市场呈现资金回流 ――A 股市场投资策略周报 | 分析师： | 宋亦威 | 月 | SAC NO： S1150514080001 2026 | 26 | | | 年 | 日 | | 2 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [Table_Analysis] 证券分析师 | | | | | [Table_Summary] 投资要点： | | | | | | | 宋亦威 | | | | | 市场回顾，节后 月 月 日），重要指数纷纷收涨； ⚫ 个交易日（2 24 日-2 26 | 3 | | | | | | 022-23861608 | | | | | 其中，上证综指收涨 1.58%，创业板指收涨 2.11%；风格层面，沪深 | | | | 300 | | | songyw@bhzq.com | | | | | 收涨 1.43%，中证 500 收涨 3.10%。成交方面有所放量，两市统计区间 | | | | | | | | | | | | 内成交 ...

2月26日，港股三大股指高开低走，全天维持震荡向下走势，截止收盘，恒生指数跌1.44%报26381.02 点，恒生科技指数跌2.87%报5109.33点，国企指数跌2.44%报8814.29点，红筹指数跌1.22%报4411.85 点。 盘面上，大型科技股普跌，阿里巴巴跌3.57%，腾讯控股跌2.01%，京东集团跌2.62%，小米集团跌 1.18%，网易跌1.85%，美团跌2.72%，快手跌4.14%，哔哩哔哩跌4.63%；电力、光模块、光通信（核心 股）和半导体（核心股）板块走强，东方电气涨超15%，剑桥科技涨8%，豪威集团涨超6%，长飞光纤 涨近3%，兆易创新涨逾3%。生物医药（核心股）板块全天表现疲软，领跌大盘，汽车、锂电等板块跌 幅居前。香港交易所绩后收涨0.79%，药明生物跌7.45%，药明康德跌4.63%，小鹏汽车跌5.06%。 科技股：涨跌互现，AI算力（核心股）需求推动部分个股创新高 天数智芯表现极为亮眼，股价涨超20%，高见287港元刷新上市新高。近年来，AI发展尤其是大语言模 型兴起，推动算力（核心股）需求大幅增长。中国通用GPU市场快速扩张，2024年出货量达1.6百万 片，2022 - ...

在产品化层面，依托"山海·Atlas"智算一体基座，云知声将底层模型能力封装为标准化的智能体（Agent）解决方案，覆盖智慧客服、文档审核等高频场景， 显著降低了交付成本与实施周期。 与追逐泛娱乐应用的公司不同，云知声选择深耕医疗、医保、交通等对准确性、合规性要求极高的"严肃场景"。目前，"山海·知医"已在近400家医院部署， 700余家医院进入测试阶段。在北京友谊医院顺义院区，AI病历生成引用率接近90%，高复购率与扩展采购意愿验证了其不可替代的商业价值。 在AI大模型行业普遍面临商业化拷问的当下，云知声（09678）交出了一份罕见的高分答卷。公司最新公告显示，2025年其大模型相关业务收入预计达到6.0 亿元至6.2亿元，同比激增1057%至1095%，占整体收入比重提升至48%至53%。这一数据标志着大模型业务已从技术"试验田"彻底转型为公司的核心"现金 牛"，也预示着中国AI产业正从参数竞赛全面转向价值兑现的深水区。 未来，云知声计划将在医疗领域验证成功的"行业大模型+智能体平台+场景解决方案"模式，系统性复制到医保、政务、交通等高复杂度领域。通过智能体 的模块化组合，实现从"单点项目"到"平台级产品 ...

Group 1 - The computing power sector experienced a strong rally on February 26, with stocks related to CPO, copper cables, PCBs, and optical fibers showing significant gains, including Longi Fiber, Chuangyitong, Huafeng Technology, and Zhongtian Technology reaching new highs [1] - Minimax announced enhancements in Expert 2.0, allowing users to create agents using natural language without needing to configure skills or sub-agents, streamlining the process of task management [1] - The AI large model technology trend has shifted from general chat tools to vertical productivity tools and real agents, focusing on industrial-grade video generation, engineering programming, and consumer office scenarios [2] Group 2 - The Huaxia Cloud Computing ETF (516630) focuses on domestic AI software and hardware computing power, with a combined weight of 83.7% in computer software, cloud services, and computer equipment, and a low expense ratio of 0.20% [3] - The Huaxia Entrepreneurial AI ETF (159381) has a balanced layout between hardware and AI software applications, with top holdings including Zhongji Xuchuang (14.27%) and Xinyi Sheng (13.00%), and an expense ratio of 0.20% [3] - The MACD golden cross signal has formed, indicating a positive trend for these stocks [3]