雷凌：典型的案例是联想和海尔。联想收购IBM的PC（个人电脑）业务时，PC业务已不再是其核心战 略板块，盈利能力承压，ThinkPad笔记本电脑在IBM的后期面临困难，但现在发展得很好，至少从商业 数据的角度看是成功的；海尔收购GE（通用电气）的家电业务后，也实现了业绩增长。 来源：环球时报 【环球时报报道 记者 杨沙沙】编者的话：这个春节，和全球化管理实战专家、《出海36法则》作者雷 凌一样，许多中企出海的掌舵人和员工也是在异国他乡的土地上迎来新春。在海外开疆拓土，对企业而 言无异于二次创业，而像雷凌这样的外派管理者，更像坚守阵地的战士，扎根于全球各地的业务一线。 作为京东国际中国品牌出海业务总负责人，雷凌曾在联想集团、英国汇丰银行等跨国企业任职，超过16 年的全球出海高管经验，是在欧美、中东、东南亚、拉美、非洲等不同国家和地区逐渐积累的。近日， 雷凌在英国接受《环球时报》记者视频采访时表示，"36个法则"每一个背后都是一个坑、一个曾经跌倒 过的教训。每一个坑，他平均要用100天去经历、复盘，36个坑累积下来，大约是十年。作为一位"出海 老兵"，雷凌以亲历者的视角，梳理那些跨越行业、穿越周期的共性问题，希望 ...

每经AI快讯，2月24日，中概股多数下跌，纳斯达克中国金龙指数跌0.95%。金山云跌近9%，BOSS直聘 跌超6%，世纪互联跌逾5%，唯品会跌逾4%；蔚来涨逾4%，百胜中国涨近3%。 ...

县城消费也正积极拥抱"AI+即时零售"。淘宝闪购数据显示，在通过千问"一句话点外卖"的订单中，近 半数来自县城。其中，超市百货、水果等非餐品类订单较活动上线初期增长超8倍。 今年春节，绿色、智能、健康消费需求旺盛。北京商报记者从京东了解到，平台春节期间（除夕至初 五）机器人产品访问用户量同比提升超4倍，搜索"机器人"用户增长25倍。此外，AI关联产品销量同比 翻倍增长，其中手机、笔记本、玩具、智能眼镜备受关注。 春节期间，线下消费同样火爆。抖音生活服务数据显示，2月14日—22日，在"团圆欢聚"与"文旅过 年"热潮带动下，从餐饮、住宿到娱乐、健身，多元消费场景全面开花。与去年春节同期相比，今年春 节期间抖音团圆饭套餐订单量增长216%，三线及以下城市团购销售额增长66%。 返乡团圆与旅游异地过年双重需求叠加，带火了小城消费，全国中低线城市服务消费迎来强劲增长。在 美团平台，邯郸、南阳、包头、柳州等中小城市跻身休闲玩乐消费TOP10。 作为观察中国消费市场的一扇窗口，今年春节消费呈现出鲜明的电商底色。2月23日，北京商报记者从 多家电商平台获悉，在线上，AI赶在节前深度切入生活消费，消费者置办年货从"集中囤货" ...

智通财经APP获悉，周一，拼多多(PDD.US)盘前涨近3%，截至发稿，报108美元。消息面上，2025年第 四季度，高瓴、景林、高毅、东方港湾及喜马拉雅资本等五家头部中资机构的美股持仓动态显示，中概 电商龙头拼多多获集体加仓，成为跨机构的最大共识。据悉，高瓴旗下专注二级市场的HHLR Advisors 第一大重仓股拼多多获大幅增持，持仓市值12.16亿美元，占比从28%升至39%；第二大重仓股阿里巴巴 持仓市值7.96亿美元，占比从14.4%大幅提升至26%。 ...

Group 1 - The core viewpoint of the articles highlights the significant role of AI in transforming consumer behavior during the 2026 Spring Festival, with a shift from bulk purchasing to instant retail facilitated by AI technology [1][3] - Online consumption saw a remarkable increase, with nearly 200 million "one-sentence orders" placed, indicating that one in ten users utilized AI for their purchases [1] - Instant retail orders surged, with over 3,000 tons of eggs and more than 100 million cups of beverages ordered through AI, showcasing the efficiency and convenience brought by AI in the shopping experience [1] Group 2 - There was a notable rise in demand for green, smart, and healthy products during the Spring Festival, with user visits for robot products increasing over fourfold and AI-related product sales doubling [2] - Offline consumption also thrived, with Douyin reporting a 216% increase in group meal package orders and a 66% rise in group buying sales in third-tier cities compared to the previous year [2] - The introduction of AI services like Meituan's local life AI assistant "Wen Xiaotuan" significantly enhanced consumer planning for leisure activities, with millions of users benefiting from its services during the holiday [2]

2026 年 02 月 22 日 春晚节点重燃 AI 传媒有望承接 AI 应用新场景 推荐(维持) 投资要点 分析师：朱珠 S1050521110001 zhuzhu@cfsc.com.cn 行业相对表现 | 表现 | 1M | 3M | 12M | | --- | --- | --- | --- | | 传媒(申万) | 2.4 | 20.8 | 31.0 | | 沪深 300 | -1.3 | 4.6 | 17.1 | 市场表现 资料来源：Wind，华鑫证券研究 -30 -20 -10 0 10 20 30 40 50 (%) 传媒 沪深300 相关研究 1 、 《 传 媒 行 业 点 评 报 告 ： Seedance2.0 推动 AIGC 进入卡尔达 肖夫指数》2026-02-10 2、《传媒行业周报：从春节档到 AI 春晚迎 2026 年新篇章关注 AIGC》 2026-02-08 3、《传媒行业周报：迎2026春节档 看 AI 春晚》2026-01-25 ▌本周观点更新 2026 年春晚是 AI 含量高浓度的一年，也是 AI 应用的重要分 水岭与节点，春晚后，AI 的竞争也将更加热烈，各家持续推 出 ...

本文源自：金融界AI电报 富国银行：将亚马逊(AMZN.O)目标价从305美元下调至304美元。 ...

每经记者｜郑雨航 每经编辑｜何小桃 兰素英 ①【美国关税政策不确定性笼罩市场，三大期指走低】道指期货跌0.29%、标普500指数期货跌0.30%、纳指期货跌0.33%。 消息面上，美国最高法院2月20日裁决美国政府征收大规模关税政策"越权"后，美总统特朗普立即祭出新的行政令，宣布自2026年2月24日起，对来自所有 国家和地区的商品加征10%的进口关税。21日，特朗普又宣布，把这项新征收的"全球进口关税"税率由10%提升至15%。贸易政策缺乏明确性可能导致全 球前景蒙上阴影，并使各市场波动性维持高位。 ②【热门中概股普涨】中概股盘前普涨。拼多多、蔚来汽车涨近2%，京东、阿里巴巴涨超1%，百度涨超0.5%。 ③【加密货币概念股走低】比特币日内一度跌破6.5万美元，加密货币概念股盘前走低。Strategy、MARA Holdings、Terawulf跌超2%，Coinbase Global跌 近2%。 ④【芯片半导体股走低】芯片半导体板块盘前走低。台积电、阿斯麦跌超1%，美光科技跌近1%，英伟达微跌。 记者|郑雨航 编辑|何小桃 兰素英 杜恒峰 校对|魏文艺 ⑥【加州州长：美国总统正摧毁美国经济】据央视新闻，在当 ...

Group 1 - A-shares experienced a rise before the holiday, with the Shanghai Composite Index up 0.41%, the Shenzhen Component Index up 1.39%, and the ChiNext Index up 1.22% [1] - After the Spring Festival, the A-share market is expected to trend upwards due to policy expectations, liquidity support, and industry trends, with a focus on policy-driven opportunities [1] - Key sectors to watch include non-competitive concepts benefiting from improved supply-demand dynamics, such as precious metals, oil and petrochemicals, and basic chemicals [1] - The AI and robotics sectors are anticipated to show structural highlights post-holiday, driven by increased attention during the Spring Festival [1] Group 2 - The Spring market is expected to continue, with price increases being a core focus for the first quarter, as AI technology leads to a significant expansion in code generation [2] - Industries are categorized based on physical dependency and regulatory barriers, indicating a widening gap in returns between beneficiaries of physical scarcity and those affected by code expansion [2] - The A-share market is less impacted by AI disruptions compared to US and Hong Kong markets, maintaining a positive sentiment for continued investment [2] Group 3 - The media sector is poised to benefit from new AI applications, with 2026 being a pivotal year for AI integration in media, enhancing digital marketing and content generation [3] - The Spring Festival showcased AI's potential, leading to increased public awareness and interest in technology applications within the media sector [3] Group 4 - A "red envelope market" is anticipated post-holiday, driven by external uncertainties and a favorable exchange rate for the Chinese yuan, which may enhance long-term investment in Chinese assets [4] - The technology sector is expected to see a boost from various catalysts released during the Spring Festival, raising expectations for a tech-driven market [4] Group 5 - The market is currently in a strong oscillation phase, with mixed signals from overseas markets, indicating a cautious approach to trading [5] - The A-share market is expected to experience a trendless opening post-holiday, with a focus on sectors like AI applications and robotics that have shown potential [6] - A "systematic slow bull" opportunity is still favored, with recommendations to hold positions in relatively undervalued sectors such as securities, building materials, and banks [6]

节日期间，家电以旧换新、数码和智能产品购新补贴资格充足，线上线下发放资格127.8万个。商家备 货充裕，系统运行稳定，有效保障市民消费需求。京津冀三地共启"有奖发票"试点活动，持续激发区域 消费潜力，春节期间，北京市投放力度提升至平日9倍，总参与人数448.9万人，中奖发票近400万张， 为假日消费再添喜庆氛围。 假期期间，"乐购新春·京彩四季"主题活动统筹全市资源，各类特色消费活动与消费券等促消费举措环 环相扣。西城区、朝阳区、石景山区、经开区多领域线上线下联动，聚焦零售、餐饮、汽车等重点领 域，发放8300万元春节消费券助力消费者"备年货、换新装、购新车，享实惠"；大兴区"票根联动"机制 打通跨业态消费链条；丰台区通过小程序开展每日抽奖，发放大额满减券等福利；东城区多商圈联袂举 办特色活动，形成多点开花节日市场矩阵；海淀区"花添喜事逛海淀"主题数字打卡与AI非遗体验凸显科 技底色；延庆区打造室内外冰雪乐园及非遗市集激活区域消费活力。 北京商报讯（记者 刘卓澜）2月23日，北京市商务局发布春节消费盘点数据显示，2026年春节假期 （2026年2月15日-23日），北京市商务局重点监测的百货、超市、专业专卖店 ...