Core Viewpoint - The competition between Alibaba and Tencent during the Spring Festival is reignited, with Alibaba's Ma Yun planning to invest 3 billion yuan in a promotional campaign through the Qianwen app, aiming to leverage AI applications and capture market share in the AI era [2][5]. Group 1: Alibaba's Strategy - Alibaba's Qianwen app will launch a 30 billion yuan campaign during the Spring Festival, marking the largest investment in its history for such events [2]. - The campaign emphasizes "eating, drinking, and entertainment" with a focus on AI-driven services, including features for movie ticket purchases and other consumer needs [4]. - Qianwen has integrated with various Alibaba platforms, offering over 400 new functionalities to enhance user experience [3][4]. Group 2: Tencent's Response - Tencent's Ma Huateng has also entered the Spring Festival competition with a 1 billion yuan initiative, launching the Yuanbao red envelope activity, which has quickly gained popularity [5]. - The Yuanbao app reached the top of the Apple Store's free app downloads, indicating strong user engagement [5]. - Ma Huateng expressed hopes to replicate the success of the original WeChat red envelope moment from eleven years ago [5]. Group 3: Industry Competition - The Spring Festival has become a battleground for major internet companies, with Baidu and ByteDance also launching significant promotional activities [5]. - Baidu's Wenxin assistant offers a chance to win 500 million yuan in cash rewards, while ByteDance's Doubao will participate in the 2026 CCTV Spring Festival Gala [5]. - The competition is characterized by a focus on user engagement and the ability to convert short-term traffic into long-term user retention [8][9]. Group 4: AI Integration - Qianwen's recent upgrades include the integration of Alibaba's flagship reasoning model, Qwen3-Max-Thinking, which boasts over 1 trillion parameters and 36 trillion tokens of pre-training data [4]. - The app's capabilities in AI are expected to enhance user experience and service efficiency, positioning it as a leader in the AI open-source community [4]. - The emphasis on practical AI applications aims to differentiate Qianwen from competitors who focus primarily on cash incentives [7].

Core Viewpoint - Southbound funds recorded a net purchase of 1.907 billion yuan today, indicating a positive sentiment towards certain stocks in the Hong Kong market [1] Group 1: Stock Performance - Tencent Holdings received a net purchase of 880 million HKD, reflecting strong investor interest [1] - Xiaomi Group-W saw a net purchase of 391 million HKD, suggesting favorable market conditions for the company [1] - Alibaba-W experienced the highest net sell-off, amounting to 816 million HKD, indicating potential concerns among investors [1] Group 2: Market Trends - In the Hong Kong Stock Connect (Shenzhen), Alibaba-W and Tencent Holdings had net purchases of 488 million HKD and 424 million HKD respectively, showing a mixed sentiment towards Alibaba while Tencent remains favored [1] - Hua Hong Semiconductor faced the largest net sell-off in the Shenzhen market, totaling 554 million HKD, which may reflect underlying challenges for the company [1]

③ 【中概股普跌，小鹏汽车跌5.5%】中概股盘前普跌。截至发稿，阿里巴巴跌2.7%，拼多多跌1.6%， 网易跌2.5%，百度跌2.8%，京东跌2.0%，小鹏汽车跌5.5%。 ④ 【台积电2nm产能已被预订一空】2月2日，据媒体报道，台积电的2nm产能已被全球科技巨头全部预 订。其中，AMD计划于2026年开始生产基于2nm工艺的CPU，而谷歌和AWS据称分别计划于2027年第 三季度和第四季度采用该工艺。此外，英伟达计划于2028年推出其"Feynman AI"GPU，预计将采用台积 电的A16工艺，该工艺采用背面供电设计。 每经记者：宋欣悦 每经编辑：高涵 ① 【三大期指齐跌】截至发稿，道指期货跌0.63%、标普500指数期货跌0.90%、纳指期货跌1.18%。 ② 【白银日内跌超15%，三个交易日抹平一个月涨幅】国际黄金和白银价格2日大幅下跌，其中黄金期 货价格一度回落至每盎司4500美元下方，白银期货价格一度跌至每盎司72.35美元。与1月29日创下的历 史最高点相比，2日白银价格盘中低点的累计跌幅已达40%，金价累计跌幅约20%。现货白银日内跌超 15%报71.5美元/盎司，较历史高位回落50美元，仅 ...

01丨 如何看待有色金属的高波动？ 本周贵金属价格出现大幅波动，核心原因为 "美元信用松动+流动性宽松预期"的叙事因为美联储主席提名人选的确定出现了逆转 。 短期来看，国金策略梳理2001年以来铜、铝、黄金在创新高并下跌后的行情，发现铜、金在下跌后的10个、20个、60个交易日胜率均 超过50%（区间涨幅高于0），其中铜甚至能够超过70%。 | | | 2001年以来 | | | | --- | --- | --- | --- | --- | | 新高下跌后表现 | 諾 | 铜 | 金 | | | 10个交易日涨跌幅 | -1 | 0.45 | 2.33 - | 1.09 | | 20个交易日涨跌幅 | F | 0.51 | 0.70 - | 0.64 | | 60个交易日涨跌幅 | 1 | -0.89 -1 | 9.44 - | 4.82 | | 新高下跌后胜率 | | | | | | 10个交易日胜率 | | 58.3% | 67.4% | 61.9% | | 20个交易日胜率 | | 51.3% | 70.3% | 63.6% | | 60个交易日胜率 | | 49.6% | 67.9% | 71 0% ...

Market Overview - Southbound funds traded approximately HKD 138.285 billion today, a significant increase of about HKD 21.8 billion compared to the previous day, accounting for 39.75% of the total turnover of the Hang Seng Index, which has been below 40% for several consecutive days [2] - Despite the Hong Kong stock market accelerating downward, southbound funds saw a net inflow of approximately HKD 1.907 billion, with the Shanghai-Hong Kong Stock Connect recording a net inflow of about HKD 2.738 billion, while the Shenzhen-Hong Kong Stock Connect experienced a net outflow of approximately HKD 0.83 billion [2] Individual Stock Performance - Tencent Holdings (0700.HK) saw a significant net buy of HKD 1.304 billion, while its stock price fell by 1.24% [2][3] - Xiaomi Group-W (01810.HK) had a net buy of HKD 0.278 billion, with a stock price decline of 1.24% [2][3] - Huahong Semiconductor (01347.HK) experienced a net outflow of HKD 0.615 billion and a sharp decline of 11.24% [2][4] - Zijin Mining (02899.HK) had a net outflow of HKD 0.464 billion, with a stock price drop of 5.58% [2][4] - CSPC Pharmaceutical Group (01093.HK) saw a net outflow of HKD 0.393 billion and a decline of 4.69% [2][4] - Alibaba-W (09988.HK) experienced a net outflow of HKD 0.329 billion, with a stock price decrease of 3.49% [2][4] - SMIC (00981.HK) had a net outflow of HKD 0.162 billion, with a decline of 4.24% [2][4] Trading Activity - In the top ten active stocks on the Hong Kong Stock Connect (Shanghai), Alibaba-W had a net outflow of HKD 0.816 billion, while Tencent Holdings had a net inflow of HKD 0.880 billion [5] - On the Shenzhen Stock Connect, Alibaba-W recorded a net inflow of HKD 0.488 billion, while Huahong Semiconductor had a significant net outflow of HKD 0.554 billion [5]

今日（2.2），受市场情绪影响，港股科技再度深度回调，100%纯度的港股通科技ETF汇添富（520980）收跌3.75%，连续第三日大幅下挫，全天成交额近4 亿元！ | 序号 | 代码 | 名称 | 估員权車 | 涨跌幅 | 用不不容负 ▼ | | --- | --- | --- | --- | --- | --- | | 1 | 0700 | 腾讯控股 | 7.72% | -1.24% | 166.68 7. | | 2 | 9988 | 阿里巴巴-W | 8.47% | -3.49% | 164.83 Z | | 3 | 0981 | 中本国际 | 8.53% | -4.24% | 70.83 Z | | র্ব | 1810 | 小米集团-W | 6.85% | -1.24% | 64.13 Z | | ਦ | 1211 | 比亚迪股份 | 7.68% | -6.91% | 59.25 亿 | | 6 | 3690 | 美国-W | 7.92% | -2.42% | 51.77 亿 | | 7 | 1347 | 华机半导体 | 2.14% | -11.24% | 48.70亿 | | 8 | 1024 ...

转自：新华财经 当日恒指低开289.77点，开报27097.34点，开盘震荡向下，午后继续下行，尾市稍有回升，最终恒指跌 611.54点，主板成交超3478亿港元。截至午间收盘，上涨股票489只，下跌1854只，收平811只。当日， 港股通（南向）净流入超过19亿港元。 整体来看，多数板块下跌，博彩、啤酒等股多为上涨，银行、奶制品等股有涨有跌，黄金、有色金属、 铜矿股、商业航天、芯片、生物医药、新能源车企、券商、港口运输、石油与天然气等股多有下跌。 成交额前三的个股中，腾讯控股跌1.24%，成交超166亿港元；阿里巴巴跌3.49%，成交超164亿港元； 紫金矿业跌5.58%，成交72亿港元。 编辑：王媛媛 新华财经香港2月2日电（记者林迎楠）2月2日港股主要指数低开低走，截至收盘，恒生指数下跌2.23% 至26775.57点，恒生科技指数下跌3.36%至5526.31点，国企指数下跌2.54%至9080.19点。 ...

在过去的一周里，港股恒生指数逆市上扬，成功突破去年10月阶段性高点，并接连创出近四年 来指数新高。 在港股升温的交易日里，多家公募基金也紧锣密鼓地布局港股主题产品，当前无论是主题基金的 申报、发行，还是发行时的屡屡提前结募，都体现出资金对于港股投资方面的一致看多。 展望后市，因长期存在的估值优势，"性价比"成为基金经理看多港股的一大因素。此外，有基金 经理认为，随着全球资本的涌入以及"科技牛"的辐射效应，港股科技板块或将与政策主线共振， 长期价值重估有望加速。 港股主题基金密集申报 据证监会官网披露，1月30日，易方达精选策略系列-易方达(香港)中国股票股息基金进入申报环 节，1月23日，易方达基金、招商基金和富国基金旗下也各有港股主题产品申报。 这也是近期各家基金集中申报港股主题基金的缩影，仅在2026年年内申报的基金中，就有39只港 股主题基金（名称中包含了"恒生""港股"等），基金类型有ETF、ETF联接基金以及主动权益类产 品，主题方面，包括恒生科技、港股通红利、港股通消费以及港股通医疗等概念。 值得一提的是，近期随着有色、化工板块的崛起，港股主题基金也将布局方向聚焦于相关板块， 如永赢基金申报了港股 ...

Market Overview - On February 2, the market experienced fluctuations with all three major indices falling over 2%, and the Sci-Tech 50 index dropping over 3%. The Shanghai Composite Index closed down 2.48%, the Shenzhen Component Index down 2.69%, and the ChiNext Index down 2.46% [1] - The total trading volume in A-shares was 2.61 trillion yuan, a decrease of 255.83 billion yuan compared to the previous trading day. Over 4,700 stocks in the market declined, with 125 stocks hitting the daily limit down [1] Sector Performance - The liquor sector showed resilience, with Huangtai Liquor achieving three consecutive trading limits, and Jinhuijiu hitting two limits in three days. Water Well Liquor also reached the daily limit up [3] - Conversely, the non-ferrous metals, oil and gas, chemicals, coal, and semiconductor sectors faced significant declines. The non-ferrous metals sector was particularly hard hit, with multiple gold stocks such as Zhaojin Gold and Sichuan Gold experiencing limit downs [3][5] - The oil and gas sector also suffered, with domestic crude oil and fuel futures contracts hitting the limit down, both dropping approximately 7%. Brent crude oil futures fell to $66 per barrel, down 4.67%, while WTI crude oil futures dropped below $62 per barrel, down 4.94% [5][6] Hong Kong Market - The Hong Kong stock market opened lower and continued to decline, with the Hang Seng Technology Index expanding its losses to 4% in the afternoon. The Hang Seng Index closed down 2.23%, and the Hang Seng Technology Index fell 3.36% [6][7] - The precious metals sector in Hong Kong also faced significant losses, with stocks like Shandong Gold and Chifeng Jilong Gold dropping over 12% [7] - The three major telecom operators in China collectively weakened, with China Unicom down over 6%, China Telecom down over 5%, and China Mobile down over 2%. This was influenced by an adjustment in the value-added tax rate for telecom services from 6% to 9%, which will impact the revenue and profits of these companies [7]

陈行甲生于1971年，从偏远穷困的山村考入大学。1992年，本科数学专业毕业的他因老家急需懂计算机的人才，被分配进入了兴山县燃化 局工作，开启了从政生涯。到2001年，已任兴山县水月寺镇镇长的陈行甲，考入清华大学首届公共管理硕士班。硕士毕业后，他回到湖北 基层，历任兴山县委常委、宜昌市政府副秘书长、宜都市市长等职，于2011年10月调任至深度贫困县巴东，担任县委书记。2015年，陈 行甲被评为"全国优秀县委书记"。 2016年底，陈行甲在任职届满之后辞去公职，于次年创立了公益组织——深圳市（恒辉）儿童公益基金会，重点关注儿童大病救助和教育 关怀。 来源：澎湃新闻 2月2日，俞敏洪在个人社交平台晒与陈行甲合照，透露陈行甲已到新东方报到。 新闻延伸 1月20日，新东方创始人俞敏洪在自己个人抖音号，以新东方教育科技集团名义发布了一则通告："新东方教育科技集团，聘请陈行甲老 师，为新东方教育、东方甄选、新东方文旅总顾问，年薪150万人民币。" 关注" 新华网财经 "视频号 更多财经资讯等你来看 往期推荐 腾讯"元宝分10亿"活动2月1日0点正式开启，用户最高可领万元现金红 包，官方攻略发布 亚马逊官宣裁撤1.6万个职 ...