Core Insights - Chinese tech giants, including Alibaba, ByteDance, and Kuaishou, have launched new AI models that demonstrate significant advancements in robotics and video generation, positioning them competitively against U.S. counterparts [2][4][12] Group 1: Alibaba's RynnBrain - Alibaba's DAMO Academy introduced RynnBrain, an AI model aimed at enhancing robots' ability to understand and interact with their environment, showcasing capabilities such as counting and picking up objects [4][6] - RynnBrain features built-in time and space awareness, allowing robots to track task progress and remember past events, making them more reliable in complex environments [6][7] - This innovation places Alibaba in direct competition with Nvidia and Google, who are also developing advanced AI models for robotics [6] Group 2: ByteDance's Seedance 2.0 - ByteDance's Seedance 2.0 is a video generation AI model that can create realistic videos from text prompts, including the ability to incorporate other videos and images [7][8] - Users have noted significant improvements in AI video generation technology over the past two years, with Seedance 2.0 being recognized for its controllability, speed, and production efficiency [10] - Despite its advancements, Seedance 2.0 faced challenges, including the suspension of a feature that generated voices based on uploaded images due to consent concerns [11] Group 3: Kuaishou's Kling 3.0 - Kuaishou launched Kling 3.0, a video generation model that boasts upgrades in consistency, photorealistic output, and extended video duration, with native audio generation capabilities [12] - The success of Kuaishou's Kling models has contributed to a more than 50% increase in its share price over the past year [13] Group 4: Other AI Model Releases - Zhipu AI released GLM-5, an open-source large-language model that reportedly approaches Anthropic's Claude Opus 4.5 in coding benchmarks [13][14] - MiniMax also launched its updated M2.5 open-source model, enhancing AI agent tools designed for task automation, leading to a surge in its shares [14]

行情回顾 本周美元整体偏弱运行。周一大幅下挫至一周低点后，美指进入横盘整理，周三在强劲非农带动下短线冲高但很快回吐涨幅。周五低于预期的CPI公布后， 美指短线下挫。数据驱动特征明显，市场对美联储降息预期的反复调整成为主要影响因素。 现货黄金走势剧烈波动，整体维持高位震荡格局。周初受美元走弱提振连续上行，一度升至5100美元/盎司上方，周三非农公布后一度跳水，但在央行买盘 及地缘政治支撑下重新走强；周四因交易员抛售金属弥补美股亏损，金价盘中急挫逾200美元，最低触及4878美元。白银周内同样巨震，周四重挫近9美元， 日内跌超10%。 非美货币方面，全球资金正重新涌入日本，日元兑美元汇率有望创下一年来最大单周涨幅。高市早苗胜选后，市场对日本经济前景预期改善，外国投资者大 量买入日元资产。英国政坛动荡导致英镑走势巨震；澳元兑美元有望录得连续第六周上涨。 原油呈现冲高回落走势。周一受美国就霍尔木兹海峡航行安全发出警告影响，WTI与布伦特双双上涨；随后在周三虽有EIA库存意外大增压制，但美伊紧张 局势带来的供应担忧推动油价收涨；周四因IEA下调全球需求预期叠加风险情绪回落，油价大幅下跌。周五，据悉欧佩克+倾向于四月起恢 ...

机器人ETF汇添富(159213)标的指数成分股涨跌不一，大族激光涨超7%，绿的谐波、科大讯飞等涨超2%，拓普集团涨超1%，大华股份等微涨。 【机器人ETF汇添富(159213)标的指数前十大成分股】 | 序号 | 代码 | 名称 | 申万一级行业 | 涨跌幅 | 估算权重 | | --- | --- | --- | --- | --- | --- | | 1 | 002230 | 科大讯飞 | 计算机 | 2.21% | 10.64% | | 2 | 300124 | 汇川技术 | 机械设备 | 0.37% | 9.48% | | 3 | 601689 | 拓普集团 | 汽车 | 1.17% | 7.12% | | 4 | 688777 | 中控技术 | 机械设备 | -0.35% | 6.05% | | 5 | 002008 | 大族激光 | 机械设备 | 7.33% | 4.69% | | 6 | 002236 | 大华股份 | 计算机 | 0.64% | 4.25% | | 1 | 688169 | 石头科技 | 家用申器 | -1.91% | 3.59% | | 8 | 688017 | 绿的谐波 ...

RynnBrain 具有认知、定位、推理、规划等多重能力 RynnBrain在Qwen3-VL基础上训练，使用自研的RynnScale架构进行训练优化，同等资源加速两倍，训练数据超过2000万对。结果显示，RynnBrain能力全 面，性能领先，在16项具身开源评测榜单上刷新纪录（SOTA），包括环境感知与对象推理、第一人称视觉问答、空间推理、轨迹预测等，超越了谷歌 Gemini Robotics ER 1.5、英伟达 Cosmos Reason 2等具身顶尖模型。 2月10日，阿里巴巴达摩院发布具身智能大脑基础模型RynnBrain，并一次性开源了包括30B MoE在内的7个全系列模型。 RynnBrain首次让机器人拥有了时空记忆和空间推理能力，智能水平实现大幅跃升，在16项具身开源评测榜单上刷新纪录（SOTA），超越谷歌Gemini Robotics ER 1.5等行业顶尖模型。 据介绍，具身模型的智能水平已成为行业发展的重要瓶颈，尤其是泛化能力亟待提升。业界形成了多条技术路线的探索： 一类是动作模型，从机器人末端动作输出着手，发展出可以直接操作物理世界的VLA模型，但VLA模型往往因为数据稀缺难以实现 ...

Market Overview - The Hang Seng Index closed at 27,183, up 0.58%, maintaining above the 27,000 mark[9] - The S&P 500 index fell by 0.33%, while the Nasdaq dropped by 0.59%[9] - The Dow Jones index increased slightly, reaching a new historical high[9] Retail Sector Performance - U.S. retail sales in December remained flat month-on-month, missing the expected growth of 0.4% and down from a previous increase of 0.6% in November[9] - Costco and Walmart saw declines of over 2% and 1%, respectively, due to the disappointing retail data[9] Technology Sector Insights - Hong Kong tech stocks continued to recover, with Alibaba and JD.com both rising approximately 2%[9] - AI application stocks performed strongly, with the stock of Yueda Group surging over 15%[9] Biopharmaceutical Sector Trends - The biopharmaceutical sector saw widespread gains, with companies like WuXi Biologics and Innovent Biologics also experiencing significant increases[9] - Upcoming earnings disclosures in February and March are expected to show improved performance for several innovative drug companies[9] Economic Indicators - The employment cost index in Q4 reached its lowest growth in four years, indicating potential economic weakness[12] - The Cleveland Fed President suggested that the Federal Reserve may keep interest rates unchanged for an extended period[12]

阿里巴巴并非唯一布局具身智能大模型的企业。全球科技巨头都在研发这类AI"世界模型"：英伟达旗 下"Cosmos"系列拥有多款用于机器人AI训练与运行的模型；谷歌DeepMind则推出了Gemini Robotics-ER 1.5。马斯克作为机器人领域的重要推动者，也正通过特斯拉Optimus（擎天柱）研发专用AI。 在人形机器人领域，中国企业展现出强劲的发展势头，多家企业计划在今年扩大产能，推动该领域技术 落地与规模化发展。 与旗下其他模型一样，阿里巴巴将对RynnBrain采取开源策略，开发者可免费使用。开源也是阿里向全 球开发者推广其AI模型的关键方式。 据香港IDC新天域互联了解，最近，阿里巴巴推出一款专为机器人打造的人工智能模型，在科技巨头纷 纷涌入这一高速增长领域的背景下，进一步布局机器人赛道。 这款名为RynnBrain的模型，旨在帮助机器人理解周围物理世界、识别各类物体。阿里巴巴达摩院发布 的一段视频显示，一台机器人可识别水果并将其放入果篮。这类任务看似简单，实则需要复杂的AI技 术支撑，既要让机器人识别物体，还要精准控制运动。 机器人技术属于"具身智能（物理AI）"范畴，包括自动驾驶汽车等依托 ...

美股标普500和纳斯达克指数周二收跌，道指则小幅上扬，连续第三个交易日创下收盘新高。美国公债收益率下跌，此前一 系列数据暗示经济可能正在放缓，这为美联储降息提供了更多空间。美国经济增长放缓的数据令美元兑主要货币走弱。油价 下跌，市场正等待美国与伊朗外交关系进展、结束俄罗斯在乌克兰战争的努力以及美国经济数据和原油库存数据带来的方向 指引。金价下跌逾1%，市场在美国就业和通胀数据公布前进行盘整，这些数据可能为美联储的利率前景提供更多线索。 美国零售销售意外停滞，市场提高今年降息押注，关注周三发布的非农就业报告。中国1月份CPI升幅料放缓，PPI降幅收 窄。 隔夜要点 | 股市指数 | 收报 | 日变动% | 年初至今变动% | | --- | --- | --- | --- | | 纳斯达克指数 | 23102.47 | (0.59) | -0.60 | | 标普500指数 | 6941.81 | (0.33) | 1.41 | | 道琼斯工业均指 | 50188.14 | 0.10 | 4.42 | | 恒生指数 | 27183.15 | 0.58 | 6.06 | | 上证综指 | 4128.37 | 0.1 ...

Market Overview - The A-share market saw the Shanghai Composite Index rise by 0.13% to 4,128.37 points, marking its sixth consecutive day of gains[16] - The Hang Seng Index increased by 0.58% to 27,183.15 points, with significant contributions from AI applications and entertainment sectors[11] - The Dow Jones Industrial Average closed at 50,188.1 points, up 0.1%, while the S&P 500 and Nasdaq fell by 0.3% and 0.6%, respectively[9] Currency and Commodity Insights - The US dollar index fell for the third consecutive day, reflecting a 1.5% decline year-to-date, amid weak retail sales data[24] - International oil prices saw a slight decrease, with NY crude oil down 0.62% to $63.96 per barrel[24] - The Chinese yuan's appreciation is driven by increasing overseas earnings of Chinese companies and a global distrust of the US dollar[5] Investment Strategy - Approximately 19% of industries are expected to see profit margin improvements due to the yuan's appreciation, with less negative impact on companies expanding capacity overseas[5] - The report suggests focusing on short-term market memory, profit margin changes, and policy shifts as key investment strategies[5] Key Economic Indicators - US retail sales stagnated in December, indicating weak consumer spending, which has led to increased expectations for interest rate cuts by the Federal Reserve[24] - The New York Fed reported that household loan default rates reached their highest level in nearly a decade in Q4 of the previous year[5]

消息面上，据达摩院DAMO公众号，阿里巴巴达摩院发布具身智能大脑基础模型RynnBrain，并一次性 开源了包括30B MoE在内的7个全系列模型。RynnBrain首次让机器人拥有时空记忆和空间推理能力，智 能水平实现大幅跃升，在16项具身开源评测榜单上刷新纪录（SOTA）。据悉，达摩院的RynnBrain模型 创造性引入时空记忆和物理世界推理，这是机器人与环境互动所需的两项基本能力。 2月11日，截至发稿恒生指数下跌0.03%，恒生港股通中国科技指数(HSSCT.HK)上涨0.24%，该指数成 分股中，商汤-W上涨超6%，哔哩哔哩-W上涨超4%，东方甄选上涨超3%。 相关ETF方面，截至发稿，港股科技30ETF(513160)翻红涨0.25%，成交额为4520.16万元。资金流向方 面，截至2月10日，该ETF已连续2个交易日获资金净流入，近5日"吸金"累计超3.6亿元。该ETF最新流 通份额为58.63亿份，最新流通规模为69.12亿元。 港股科技30ETF（513160）紧密跟踪恒生港股通中国科技指数，该指数跟踪可经港股通买卖，从事科技 业务并于香港上市的内地公司之表现。前十大重仓股包括中芯国际、美团 ...

据北京人形机器人创新中心公众号，北京人形机器人创新中心正式发布新一代通用机器人平台具身天工 3.0，该款机器人以"更开放、更好用"为核心目标，并依托自研"慧思开物"通用具身智能平台，在本体 稳定性、运动控制、具身大小脑协同、全自主作业等方面有了显著提升，也是行业内首个实现触物交互 式全身高动态运动控制的全尺寸人形机器人。 2月10日，三大指数涨跌不一，机器人板块午后表现强势。截至收盘，中证机器人指数(H30590.CSI)上 涨1.01%，该指数成分股中，克来机电涨停，云天励飞上涨超6%，埃夫特上涨超5%，科瑞技术上涨近 5%。 中信建投指出，展望机器人板块后续，Gen3定点、新品发布、春晚机器人表演、国产机器人厂商IPO进 展等事件催化值得重点关注，底部建议聚焦优质环节，把握确定性和灵巧手等核心变化。 相关ETF方面，wind金融终端显示，截至当日收盘，机器人ETF(159770)成交额超2.6亿元，当日获净申 购超2200万份。资金流向方面，截至2月9日，该ETF近5个交易日累计净流入额为1.22亿元。该ETF最新 流通份额为90.7亿份，最新流通规模为100.31亿元。 （文章来源：21世纪经济报道） ...