这期阿里研报，核心不在电商

SG Visual Research 图解研报

$阿里巴巴(BABA)$ $阿里巴巴-W(09988)$

AI 不再只是工具，而是直接嵌入云、地图、电商和本地生活，开始推动真实的使用和算力需求。

@TigerObserver @TigerStars

快手阿里巴巴开盘上涨及港股科技股反弹预期

快手、阿里巴巴等港股科技股开盘上涨，恒生科技指数上涨。广发证券刘晨明团队看好港股市场补涨，认为港股正向AI应用、新能源等硬科技主赛道转型，预计恒科在120~250日均线有反弹可能，流动性改善或带动港股新一轮上涨。

免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。

精彩评论

我们需要你的真知灼见来填补这片空白

发表看法

2

{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":519254193619456,"tweetId":"519254193619456","gmtCreate":1767746330241,"gmtModify":1767746334552,"author":{"id":3558404604264882,"idStr":"3558404604264882","authorId":3558404604264882,"authorIdStr":"3558404604264882","name":"SG Visual Research 图解研报","avatar":"https://static.tigerbbs.com/a6e90d8e86d025ca79fd03dfd73d1fa0","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":3,"crmLevelSwitch":0,"currentWearingBadge":{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-4","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"明星虎友","description":"加入老虎社区2000天","bigImgUrl":"https://static.tigerbbs.com/dddf24b906c7011de2617d4fb3f76987","smallImgUrl":"https://static.tigerbbs.com/53d58ad32c97254c6f74db8b97e6ec49","grayImgUrl":"https://static.tigerbbs.com/6304700d92ad91c7a33e2e92ec32ecc1","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2026.01.12","individualDisplayEnabled":0},"individualDisplayBadges":[],"fanSize":13,"starInvestorFlag":false},"themes":[{"themeId":"7dd1ce0a63c0067e282f662b2215c5a3","categoryId":"2929bb7468f5415f853fd96fb35d7c3b","name":"快手阿里巴巴开盘上涨及港股科技股反弹预期","type":2,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/special/finance&rndata={\"themeId\":7dd1ce0a63c0067e282f662b2215c5a3}&rnconfig={\"headerBarHidden\": true}","description":"快手、阿里巴巴等港股科技股开盘上涨，恒生科技指数上涨。广发证券刘晨明团队看好港股市场补涨，认为港股正向AI应用、新能源等硬科技主赛道转型，预计恒科在120~250日均线有反弹可能，流动性改善或带动港股新一轮上涨。"}],"images":[{"img":"https://static.tigerbbs.com/32ca425ad149fab7f9809bcf683c3637","width":"1080","height":"6009"}],"coverImages":[{"img":"https://static.tigerbbs.com/32ca425ad149fab7f9809bcf683c3637","width":"1080","height":"6009"}],"title":"这期阿里研报，核心不在电商","html":"<html><head></head><body><a href=\"https://laohu8.com/S/BABA\">$阿里巴巴(BABA)$&nbsp;</a>&nbsp;<a href=\"https://laohu8.com/S/09988\">$阿里巴巴-W(09988)$&nbsp;</a>&nbsp;\n<p>AI 不再只是工具，而是直接嵌入云、地图、电商和本地生活，开始推动真实的使用和算力需求。</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/32ca425ad149fab7f9809bcf683c3637\" tg-width=\"1080\" tg-height=\"6009\"><span></span></p>\n<p><a href=\"https://laohu8.com/U/9000000000000439\">@TigerObserver</a> <a href=\"https://laohu8.com/U/9000000000000149\">@TigerStars</a>&nbsp;</p></body></html>","htmlText":"<html><head></head><body><a href=\"https://laohu8.com/S/BABA\">$阿里巴巴(BABA)$&nbsp;</a>&nbsp;<a href=\"https://laohu8.com/S/09988\">$阿里巴巴-W(09988)$&nbsp;</a>&nbsp;\n<p>AI 不再只是工具，而是直接嵌入云、地图、电商和本地生活，开始推动真实的使用和算力需求。</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/32ca425ad149fab7f9809bcf683c3637\" tg-width=\"1080\" tg-height=\"6009\"><span></span></p>\n<p><a href=\"https://laohu8.com/U/9000000000000439\">@TigerObserver</a> <a href=\"https://laohu8.com/U/9000000000000149\">@TigerStars</a>&nbsp;</p></body></html>","text":"$阿里巴巴(BABA)$ $阿里巴巴-W(09988)$ AI 不再只是工具，而是直接嵌入云、地图、电商和本地生活，开始推动真实的使用和算力需求。 @TigerObserver @TigerStars","highlighted":1,"essential":1,"paper":2,"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/519254193619456","repostId":0,"isVote":1,"tweetType":1,"viewCount":819,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["09988","BABA"],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":139,"optionInvolvedFlag":false,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/519254193619456"}