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KenWang
KenWang
·
08-12
大道玩卖call和卖put简直炉火纯青
段永平对泡泡玛特持股比例从5.55%升至7.70%
据香港交易所披露，段永平管理的H&H International Investment, LLC在泡泡玛特H股的持股比例于08月06日从5.55%升至7.70%。
段永平对泡泡玛特持股比例从5.55%升至7.70%
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KenWang
KenWang
·
2025-09-10
操纵股价，然后圈钱，继续看空
蔚来：拟公开发行不超过1.82亿股本公司A类普通股
为蔚来公司长期发展提供资金支持。
蔚来：拟公开发行不超过1.82亿股本公司A类普通股
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KenWang
KenWang
·
2025-09-04
挖空心思想赚中国的钱，又要立牌坊
英伟达拟在中国推新AI芯片，价格或为H20芯片两倍
9月4日，据路透报道，$英伟达(NVDA)$计划在中国市场推出的新人工智能芯片，如果获得批准，价格可能是H20芯片的两倍。
英伟达拟在中国推新AI芯片，价格或为H20芯片两倍
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KenWang
KenWang
·
2025-07-29
100
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KenWang
KenWang
·
2025-07-27
1.A 2.ABC 3.B 4.B 5.B 6.C 7.A 8.510美元 2025年8月1日 9.AB 10.待上传
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KenWang
KenWang
·
2025-07-27
1.A 2.ABC 3.B 4.A 5.B 6.C 7.A 8.510 2025年8月1日 9.AB 10待上传
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KenWang
KenWang
·
2025-07-11
这篇文章不错，转发给大家看看
AI基建还能投多久？高盛：2-3年不是问题，回报窗口才刚开启
高盛表示，尽管AI商业化变现仍处早期阶段，但基于成本削减的第一阶段回报已经显现。预测到2030年AI自动化可为财富500强企业节省约9350亿美元成本。分析师认为，这一早期收益足以支撑当前AI基础设施投资水平，尽管增长率可能放缓。
AI基建还能投多久？高盛：2-3年不是问题，回报窗口才刚开启
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KenWang
KenWang
·
2025-07-03
Replying to
@我是何某
:它是酸葡萄萨比//
@我是何某
:哈哈哈，你主页全是看人家赚钱之后的破防言论[捂脸]//
@BENBENBEN
:萨比米粉
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KenWang
KenWang
·
2025-07-02
疯狂圈钱，漫漫熊途
继宁德时代之后，又一千亿巨头要赴港上市了！
资料显示，亿纬锂能成立于2001年，于2009年在创业板首批上市。亿纬锂能若H股上市成功，将成为继宁德时代之后，又一家实现A+H股架构的中国锂电企业，标志着其全球化战略进入实质性加速阶段。此次港股上市，宁德时代全球发售股份总数为绿鞋前1.35亿股，发行价格为263.00港元/股。截至7月2日，宁德时代港股收盘价为334.6港元，涨幅为1.64%，总市值达到了1.53万亿港元。其A股当天收盘价为250.45元，总市值为1.14万亿元。
继宁德时代之后，又一千亿巨头要赴港上市了！
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KenWang
KenWang
·
2025-06-19
每次ipo排队就是臭鱼烂虾也要来圈钱，慢慢进入熊市吧
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17:13","market":"us","language":"zh","title":"段永平对泡泡玛特持股比例从5.55%升至7.70%","url":"https://stock-news.laohu8.com/highlight/detail?id=1161167483","media":"老虎资讯综合","summary":"据香港交易所披露，段永平管理的H&H International Investment, LLC在泡泡玛特H股的持股比例于08月06日从5.55%升至7.70%。","content":"<html><head></head><body><p style=\"text-align: left;\"><span>据香港交易所披露，段永平管理的H&H International Investment, LLC在泡泡玛特H股的持股比例于08月06日从5.55%升至7.70%。</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5e0b6b3e16f29535ed0ac3b94f93973f\" data-align=\"center\" tg-width=\"918\" tg-height=\"669\"/><span></span></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>段永平对泡泡玛特持股比例从5.55%升至7.70%</title>\n<style 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left;\"><span>据香港交易所披露，段永平管理的H&H International Investment, LLC在泡泡玛特H股的持股比例于08月06日从5.55%升至7.70%。</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5e0b6b3e16f29535ed0ac3b94f93973f\" data-align=\"center\" tg-width=\"918\" tg-height=\"669\"/><span></span></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/30dc37d452f250ce3fb402a1655ca971","relate_stocks":{"09992":"泡泡玛特"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161167483","content_text":"据香港交易所披露，段永平管理的H&H International Investment, LLC在泡泡玛特H股的持股比例于08月06日从5.55%升至7.70%。","news_type":1,"symbols_score_info":{"09992":2}},"isVote":1,"tweetType":1,"viewCount":261,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":477093183688864,"gmtCreate":1757499690701,"gmtModify":1757499691775,"author":{"id":"3458937257965366","authorId":"3458937257965366","name":"KenWang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3458937257965366","idStr":"3458937257965366"},"themes":[],"title":"","htmlText":"操纵股价，然后圈钱，继续看空","listText":"操纵股价，然后圈钱，继续看空","text":"操纵股价，然后圈钱，继续看空","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/477093183688864","repostId":"1173394540","repostType":4,"repost":{"id":"1173394540","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1757494812,"share":"https://www.laohunote.com/m/news/1173394540?lang=zh_CN&edition=full","pubTime":"2025-09-10 17:00","market":"sg","language":"zh","title":"蔚来：拟公开发行不超过1.82亿股本公司A类普通股","url":"https://stock-news.laohu8.com/highlight/detail?id=1173394540","media":"老虎资讯综合","summary":"为蔚来公司长期发展提供资金支持。","content":"<html><head></head><body><p>周三， <a href=\"https://laohu8.com/S/NIO\">蔚来</a> 盘前大跌，截至发稿跌幅超9%，宣布拟发行181,818,190股A类股票。本次融资包括美国存托股份（ADS）发行及A类普通股发行。将根据投资者需求在ADS发行与普通股发行之间分配融资份额。公司拟授予承销商30天选择权，可额外认购最多27,272,729股ADS（若行使该选择权将完全以ADS结算）。</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1ecc268c694efc69d36a3930aba08582\" title=\"\" tg-width=\"1290\" tg-height=\"409\"/></p><p>本次公开增发新股募集的资金将用于智能电动汽车核心技术研发、开发旗下品牌的未来技术平台及车型、扩大充换电网络以及进一步强化公司资产负债表，增强公司资金实力，为蔚来公司长期发展提供资金支持。</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" 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17:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>周三， <a href=\"https://laohu8.com/S/NIO\">蔚来</a> 盘前大跌，截至发稿跌幅超9%，宣布拟发行181,818,190股A类股票。本次融资包括美国存托股份（ADS）发行及A类普通股发行。将根据投资者需求在ADS发行与普通股发行之间分配融资份额。公司拟授予承销商30天选择权，可额外认购最多27,272,729股ADS（若行使该选择权将完全以ADS结算）。</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1ecc268c694efc69d36a3930aba08582\" title=\"\" tg-width=\"1290\" tg-height=\"409\"/></p><p>本次公开增发新股募集的资金将用于智能电动汽车核心技术研发、开发旗下品牌的未来技术平台及车型、扩大充换电网络以及进一步强化公司资产负债表，增强公司资金实力，为蔚来公司长期发展提供资金支持。</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3380231cb191ca9bea37a0c70765537d","relate_stocks":{"NIO":"蔚来","NIO.SI":"蔚来","09866":"蔚来-SW"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173394540","content_text":"周三， 蔚来 盘前大跌，截至发稿跌幅超9%，宣布拟发行181,818,190股A类股票。本次融资包括美国存托股份（ADS）发行及A类普通股发行。将根据投资者需求在ADS发行与普通股发行之间分配融资份额。公司拟授予承销商30天选择权，可额外认购最多27,272,729股ADS（若行使该选择权将完全以ADS结算）。本次公开增发新股募集的资金将用于智能电动汽车核心技术研发、开发旗下品牌的未来技术平台及车型、扩大充换电网络以及进一步强化公司资产负债表，增强公司资金实力，为蔚来公司长期发展提供资金支持。","news_type":1,"symbols_score_info":{"NIO":1.1,"NIO.SI":1.1,"09866":1.1}},"isVote":1,"tweetType":1,"viewCount":1879,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":474948608049896,"gmtCreate":1756971857552,"gmtModify":1756971859319,"author":{"id":"3458937257965366","authorId":"3458937257965366","name":"KenWang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3458937257965366","idStr":"3458937257965366"},"themes":[],"title":"","htmlText":"挖空心思想赚中国的钱，又要立牌坊","listText":"挖空心思想赚中国的钱，又要立牌坊","text":"挖空心思想赚中国的钱，又要立牌坊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/474948608049896","repostId":"1148506865","repostType":4,"repost":{"id":"1148506865","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1756969720,"share":"https://www.laohunote.com/m/news/1148506865?lang=zh_CN&edition=full","pubTime":"2025-09-04 15:08","market":"us","language":"zh","title":"英伟达拟在中国推新AI芯片，价格或为H20芯片两倍","url":"https://stock-news.laohu8.com/highlight/detail?id=1148506865","media":"老虎资讯综合","summary":"9月4日，据路透报道，$英伟达(NVDA)$计划在中国市场推出的新人工智能芯片，如果获得批准，价格可能是H20芯片的两倍。","content":"<html><head></head><body><p>9月4日，据路透报道，<a href=\"https://laohu8.com/S/NVDA\">英伟达</a>计划在中国市场推出的新人工智能芯片，如果获得批准，价格可能是H20芯片的两倍。</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>英伟达拟在中国推新AI芯片，价格或为H20芯片两倍</title>\n<style 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2.ABC 3.B 4.A 5.B 6.C 7.A 8.510 2025年8月1日 9.AB 10待上传","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/461113446625536","isVote":1,"tweetType":1,"viewCount":2331,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":455482231599944,"gmtCreate":1752238783008,"gmtModify":1752238784644,"author":{"id":"3458937257965366","authorId":"3458937257965366","name":"KenWang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3458937257965366","idStr":"3458937257965366"},"themes":[],"title":"","htmlText":"这篇文章不错，转发给大家看看","listText":"这篇文章不错，转发给大家看看","text":"这篇文章不错，转发给大家看看","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/455482231599944","repostId":"2550930754","repostType":4,"repost":{"id":"2550930754","kind":"highlight","weMediaInfo":{"introduction":"追踪全球财经热点，精选影响您财富的资讯，投资理财必备神器！","home_visible":1,"media_name":"华尔街见闻","id":"1084101182","head_image":"https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e"},"pubTimestamp":1752237947,"share":"https://www.laohunote.com/m/news/2550930754?lang=zh_CN&edition=full","pubTime":"2025-07-11 20:45","market":"us","language":"zh","title":"AI基建还能投多久？高盛：2-3年不是问题，回报窗口才刚开启","url":"https://stock-news.laohu8.com/highlight/detail?id=2550930754","media":"华尔街见闻","summary":"高盛表示，尽管AI商业化变现仍处早期阶段，但基于成本削减的第一阶段回报已经显现。预测到2030年AI自动化可为财富500强企业节省约9350亿美元成本。分析师认为，这一早期收益足以支撑当前AI基础设施投资水平，尽管增长率可能放缓。","content":"<html><head></head><body><blockquote><p>高盛表示，尽管AI商业化变现仍处早期阶段，但基于成本削减的第一阶段回报已经显现。预测到2030年AI自动化可为财富500强企业节省约9350亿美元成本。分析师认为，这一早期收益足以支撑当前AI基础设施投资水平，尽管增长率可能放缓。</p></blockquote><p style=\"text-align: left;\">虽然AI投资周期正在从“投”走向“收”，但这不意味着“减速”就是“见顶”。</p><p style=\"text-align: left;\">据追风交易台，高盛在最新AI报告中指出，<strong>尽管增速趋缓，AI基建投资未来2-3年具备持续性</strong>，<strong>市场过度关注“回报慢”可能忽略了成本红利已经开始释放，且股价尚未反映这一结构性变化。</strong></p><p style=\"text-align: left;\">报告强调，尽管AI商业化变现仍处早期阶段，但基于成本削减的第一阶段回报已经显现。估计到2030年AI自动化可为财富500强企业节省约9350亿美元成本。分析师认为，这一早期收益足以支撑当前AI基础设施投资水平，尽管增长率可能放缓。</p><p style=\"text-align: left;\">分析师也指出，超大规模云服务商作为AI基础设施的主要投资方，<strong>其投资决策更多基于长期收入增长机会</strong>，而非短期成本节约。</p><h2 id=\"id_778187062\" style=\"text-align: left;\">AI投资回报争议，成本节约VS商业变现</h2><p style=\"text-align: justify;\">生成式AI自2023年底掀起热潮以来，资本开支已累计超过3500亿美元。投资是否值得？回报是否可持续？这些问题正成为市场关注焦点。</p><p style=\"text-align: left;\">高盛研究团队将AI价值创造分为三个阶段：第一阶段通过自动化实现成本削减（当前进行中），第二阶段重新投资并重建，第三阶段通过增量收入实现变现。</p><p style=\"text-align: left;\">报告分析显示，AI在客户服务、销售营销、IT等职能领域的自动化应用已开始产生实际效益。以客户服务为例，43%的呼叫中心已采用AI工具，平均运营成本降低30%。</p><p style=\"text-align: left;\">具体来看，摩根大通计划未来五年削减10%后台人员，AT&T借助AI减少30%的呼叫中心流量，T-Mobile预期到2027年可削减75%的客户服务接触量。</p><p style=\"text-align: left;\">当前争议核心在于AI基础设施投资的可持续性。高盛预计，<strong>到2030年，全球财富500强企业可节省高达9350亿美元的成本</strong>，<strong>占其总成本的约14%，AI投资的净现值回报约为7800亿美元，相对于3500亿美元的累计投资仍显示正向回报。</strong></p><p style=\"text-align: left;\">分析师指出，超大规模云服务商作为AI基础设施的主要投资方，其投资决策更多基于长期收入增长机会，而非短期成本节约。这种投资与回报的时间差异使得ROI计算变得复杂。</p><h2 id=\"id_21400425\" style=\"text-align: left;\">基础设施支出短期无虞，推理需求成新动能</h2><p style=\"text-align: left;\">市场对AI股的另一个核心担忧是：基础设施支出是否已见顶？尤其是在训练芯片方面的库存积压与需求疲软预期升温。</p><p style=\"text-align: justify;\">高盛认为，这种担忧尚属过度，报告指出：</p><p style=\"text-align: justify;\">未来2-3年，尤其是到2026年，大型科技公司（如微软、亚马逊、谷歌、Meta）仍具备继续维持AI基础设施投资的财务能力，无需显著压缩利润率。</p><p style=\"text-align: justify;\">台积电、博通、SK海力士等关键供应商持续上调AI相关收入预期。台积电六个季度以来不断提高近期和长期AI收入目标，SK海力士预计2025年HBM收入将翻倍增长，这些数据都支持了供需基本平衡的判断。</p><p style=\"text-align: justify;\">来自企业客户与政府（主权AI）对“推理”型算力的需求，将成为支出新动力，尤其是中小企业部署定制模型或边缘AI应用场景迅速扩展。</p><p style=\"text-align: left;\">以英伟达为例，高盛通过深入分析GB200 NVL72机架的供需平衡进行回应。</p><p style=\"text-align: left;\">基于英伟达公开表态，超大规模云服务商目前每周部署约1000个GB200机架，并计划在二季度进一步提升部署速度。高盛模型显示，<strong>为避免ODM厂商出现过度库存，超大规模云服务商需要在2025年和2026年分别部署3.6万个和5.8万个GB200等效机架。</strong></p><p style=\"text-align: left;\">报告指出，英伟达Blackwell架构的推进符合预期，该产品在一季度数据中心收入中占比已达70%，<strong>从Hopper到Blackwell的过渡基本完成。</strong>这一进展有助于缓解市场对库存积压的担忧。</p><p style=\"text-align: left;\">然而，分析师也提醒，超大规模云服务商2027年资本支出的可见度仍然有限，这是影响长期供需平衡的关键不确定因素。相比之下，英伟达和博通因产品交付周期较长（约12个月）和客户基础相对集中而具备更好的业务可见度。</p><h2 id=\"id_3228456413\">股价如何定价AI预期？</h2><p style=\"text-align: justify;\">以英伟达为例，高盛指出，市场已部分计入其新一代GPU（Blackwell）的强劲需求预期，但<strong>对其客户基础的扩大、AI推理业务的爆发仍估值不足</strong>。</p><p style=\"text-align: justify;\">博通方面，其股价的上涨则更多基于公司提供的明晰指引——AI收入将在FY25与FY26年同比增长60%。这一预期也令高盛认为，<strong>博通、英伟达股价的上涨不仅不是“泡沫”，而是反映更清晰的中期基本面改善路径</strong>。</p><p style=\"text-align: justify;\">相比之下，对AMD、ARM、Marvell等公司，高盛维持中性评级，原因在于其AI相关业务仍处早期，市场份额有限。</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AI基建还能投多久？高盛：2-3年不是问题，回报窗口才刚开启</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAI基建还能投多久？高盛：2-3年不是问题，回报窗口才刚开启\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1084101182\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">华尔街见闻 </p>\n<p class=\"h-time\">2025-07-11 20:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><blockquote><p>高盛表示，尽管AI商业化变现仍处早期阶段，但基于成本削减的第一阶段回报已经显现。预测到2030年AI自动化可为财富500强企业节省约9350亿美元成本。分析师认为，这一早期收益足以支撑当前AI基础设施投资水平，尽管增长率可能放缓。</p></blockquote><p style=\"text-align: left;\">虽然AI投资周期正在从“投”走向“收”，但这不意味着“减速”就是“见顶”。</p><p style=\"text-align: left;\">据追风交易台，高盛在最新AI报告中指出，<strong>尽管增速趋缓，AI基建投资未来2-3年具备持续性</strong>，<strong>市场过度关注“回报慢”可能忽略了成本红利已经开始释放，且股价尚未反映这一结构性变化。</strong></p><p style=\"text-align: left;\">报告强调，尽管AI商业化变现仍处早期阶段，但基于成本削减的第一阶段回报已经显现。估计到2030年AI自动化可为财富500强企业节省约9350亿美元成本。分析师认为，这一早期收益足以支撑当前AI基础设施投资水平，尽管增长率可能放缓。</p><p style=\"text-align: left;\">分析师也指出，超大规模云服务商作为AI基础设施的主要投资方，<strong>其投资决策更多基于长期收入增长机会</strong>，而非短期成本节约。</p><h2 id=\"id_778187062\" style=\"text-align: left;\">AI投资回报争议，成本节约VS商业变现</h2><p style=\"text-align: justify;\">生成式AI自2023年底掀起热潮以来，资本开支已累计超过3500亿美元。投资是否值得？回报是否可持续？这些问题正成为市场关注焦点。</p><p style=\"text-align: left;\">高盛研究团队将AI价值创造分为三个阶段：第一阶段通过自动化实现成本削减（当前进行中），第二阶段重新投资并重建，第三阶段通过增量收入实现变现。</p><p style=\"text-align: left;\">报告分析显示，AI在客户服务、销售营销、IT等职能领域的自动化应用已开始产生实际效益。以客户服务为例，43%的呼叫中心已采用AI工具，平均运营成本降低30%。</p><p style=\"text-align: left;\">具体来看，摩根大通计划未来五年削减10%后台人员，AT&T借助AI减少30%的呼叫中心流量，T-Mobile预期到2027年可削减75%的客户服务接触量。</p><p style=\"text-align: left;\">当前争议核心在于AI基础设施投资的可持续性。高盛预计，<strong>到2030年，全球财富500强企业可节省高达9350亿美元的成本</strong>，<strong>占其总成本的约14%，AI投资的净现值回报约为7800亿美元，相对于3500亿美元的累计投资仍显示正向回报。</strong></p><p style=\"text-align: left;\">分析师指出，超大规模云服务商作为AI基础设施的主要投资方，其投资决策更多基于长期收入增长机会，而非短期成本节约。这种投资与回报的时间差异使得ROI计算变得复杂。</p><h2 id=\"id_21400425\" style=\"text-align: left;\">基础设施支出短期无虞，推理需求成新动能</h2><p style=\"text-align: left;\">市场对AI股的另一个核心担忧是：基础设施支出是否已见顶？尤其是在训练芯片方面的库存积压与需求疲软预期升温。</p><p style=\"text-align: justify;\">高盛认为，这种担忧尚属过度，报告指出：</p><p style=\"text-align: justify;\">未来2-3年，尤其是到2026年，大型科技公司（如微软、亚马逊、谷歌、Meta）仍具备继续维持AI基础设施投资的财务能力，无需显著压缩利润率。</p><p style=\"text-align: justify;\">台积电、博通、SK海力士等关键供应商持续上调AI相关收入预期。台积电六个季度以来不断提高近期和长期AI收入目标，SK海力士预计2025年HBM收入将翻倍增长，这些数据都支持了供需基本平衡的判断。</p><p style=\"text-align: justify;\">来自企业客户与政府（主权AI）对“推理”型算力的需求，将成为支出新动力，尤其是中小企业部署定制模型或边缘AI应用场景迅速扩展。</p><p style=\"text-align: left;\">以英伟达为例，高盛通过深入分析GB200 NVL72机架的供需平衡进行回应。</p><p style=\"text-align: left;\">基于英伟达公开表态，超大规模云服务商目前每周部署约1000个GB200机架，并计划在二季度进一步提升部署速度。高盛模型显示，<strong>为避免ODM厂商出现过度库存，超大规模云服务商需要在2025年和2026年分别部署3.6万个和5.8万个GB200等效机架。</strong></p><p style=\"text-align: left;\">报告指出，英伟达Blackwell架构的推进符合预期，该产品在一季度数据中心收入中占比已达70%，<strong>从Hopper到Blackwell的过渡基本完成。</strong>这一进展有助于缓解市场对库存积压的担忧。</p><p style=\"text-align: left;\">然而，分析师也提醒，超大规模云服务商2027年资本支出的可见度仍然有限，这是影响长期供需平衡的关键不确定因素。相比之下，英伟达和博通因产品交付周期较长（约12个月）和客户基础相对集中而具备更好的业务可见度。</p><h2 id=\"id_3228456413\">股价如何定价AI预期？</h2><p style=\"text-align: justify;\">以英伟达为例，高盛指出，市场已部分计入其新一代GPU（Blackwell）的强劲需求预期，但<strong>对其客户基础的扩大、AI推理业务的爆发仍估值不足</strong>。</p><p style=\"text-align: justify;\">博通方面，其股价的上涨则更多基于公司提供的明晰指引——AI收入将在FY25与FY26年同比增长60%。这一预期也令高盛认为，<strong>博通、英伟达股价的上涨不仅不是“泡沫”，而是反映更清晰的中期基本面改善路径</strong>。</p><p style=\"text-align: justify;\">相比之下，对AMD、ARM、Marvell等公司，高盛维持中性评级，原因在于其AI相关业务仍处早期，市场份额有限。</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e39f5931d4cf3fccc49c0e890fceb462","relate_stocks":{"NVDA":"英伟达","AMD":"美国超微公司","AVGO":"博通"},"source_url":"https://wallstreetcn.com/articles/3750911","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2550930754","content_text":"高盛表示，尽管AI商业化变现仍处早期阶段，但基于成本削减的第一阶段回报已经显现。预测到2030年AI自动化可为财富500强企业节省约9350亿美元成本。分析师认为，这一早期收益足以支撑当前AI基础设施投资水平，尽管增长率可能放缓。虽然AI投资周期正在从“投”走向“收”，但这不意味着“减速”就是“见顶”。据追风交易台，高盛在最新AI报告中指出，尽管增速趋缓，AI基建投资未来2-3年具备持续性，市场过度关注“回报慢”可能忽略了成本红利已经开始释放，且股价尚未反映这一结构性变化。报告强调，尽管AI商业化变现仍处早期阶段，但基于成本削减的第一阶段回报已经显现。估计到2030年AI自动化可为财富500强企业节省约9350亿美元成本。分析师认为，这一早期收益足以支撑当前AI基础设施投资水平，尽管增长率可能放缓。分析师也指出，超大规模云服务商作为AI基础设施的主要投资方，其投资决策更多基于长期收入增长机会，而非短期成本节约。AI投资回报争议，成本节约VS商业变现生成式AI自2023年底掀起热潮以来，资本开支已累计超过3500亿美元。投资是否值得？回报是否可持续？这些问题正成为市场关注焦点。高盛研究团队将AI价值创造分为三个阶段：第一阶段通过自动化实现成本削减（当前进行中），第二阶段重新投资并重建，第三阶段通过增量收入实现变现。报告分析显示，AI在客户服务、销售营销、IT等职能领域的自动化应用已开始产生实际效益。以客户服务为例，43%的呼叫中心已采用AI工具，平均运营成本降低30%。具体来看，摩根大通计划未来五年削减10%后台人员，AT&T借助AI减少30%的呼叫中心流量，T-Mobile预期到2027年可削减75%的客户服务接触量。当前争议核心在于AI基础设施投资的可持续性。高盛预计，到2030年，全球财富500强企业可节省高达9350亿美元的成本，占其总成本的约14%，AI投资的净现值回报约为7800亿美元，相对于3500亿美元的累计投资仍显示正向回报。分析师指出，超大规模云服务商作为AI基础设施的主要投资方，其投资决策更多基于长期收入增长机会，而非短期成本节约。这种投资与回报的时间差异使得ROI计算变得复杂。基础设施支出短期无虞，推理需求成新动能市场对AI股的另一个核心担忧是：基础设施支出是否已见顶？尤其是在训练芯片方面的库存积压与需求疲软预期升温。高盛认为，这种担忧尚属过度，报告指出：未来2-3年，尤其是到2026年，大型科技公司（如微软、亚马逊、谷歌、Meta）仍具备继续维持AI基础设施投资的财务能力，无需显著压缩利润率。台积电、博通、SK海力士等关键供应商持续上调AI相关收入预期。台积电六个季度以来不断提高近期和长期AI收入目标，SK海力士预计2025年HBM收入将翻倍增长，这些数据都支持了供需基本平衡的判断。来自企业客户与政府（主权AI）对“推理”型算力的需求，将成为支出新动力，尤其是中小企业部署定制模型或边缘AI应用场景迅速扩展。以英伟达为例，高盛通过深入分析GB200 NVL72机架的供需平衡进行回应。基于英伟达公开表态，超大规模云服务商目前每周部署约1000个GB200机架，并计划在二季度进一步提升部署速度。高盛模型显示，为避免ODM厂商出现过度库存，超大规模云服务商需要在2025年和2026年分别部署3.6万个和5.8万个GB200等效机架。报告指出，英伟达Blackwell架构的推进符合预期，该产品在一季度数据中心收入中占比已达70%，从Hopper到Blackwell的过渡基本完成。这一进展有助于缓解市场对库存积压的担忧。然而，分析师也提醒，超大规模云服务商2027年资本支出的可见度仍然有限，这是影响长期供需平衡的关键不确定因素。相比之下，英伟达和博通因产品交付周期较长（约12个月）和客户基础相对集中而具备更好的业务可见度。股价如何定价AI预期？以英伟达为例，高盛指出，市场已部分计入其新一代GPU（Blackwell）的强劲需求预期，但对其客户基础的扩大、AI推理业务的爆发仍估值不足。博通方面，其股价的上涨则更多基于公司提供的明晰指引——AI收入将在FY25与FY26年同比增长60%。这一预期也令高盛认为，博通、英伟达股价的上涨不仅不是“泡沫”，而是反映更清晰的中期基本面改善路径。相比之下，对AMD、ARM、Marvell等公司，高盛维持中性评级，原因在于其AI相关业务仍处早期，市场份额有限。","news_type":1,"symbols_score_info":{"AMD":1.1,"NVDA":1.1,"AVGO":1.1}},"isVote":1,"tweetType":1,"viewCount":2954,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":452697336262712,"gmtCreate":1751547516105,"gmtModify":1751547519005,"author":{"id":"3458937257965366","authorId":"3458937257965366","name":"KenWang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3458937257965366","idStr":"3458937257965366"},"themes":[],"title":"","htmlText":"Replying to <a href=\"https://laohu8.com/U/4208046355706752\">@我是何某</a>:它是酸葡萄萨比//<a href=\"https://laohu8.com/U/4208046355706752\">@我是何某</a>:哈哈哈，你主页全是看人家赚钱之后的破防言论[捂脸]//<a href=\"https://laohu8.com/U/3572569667966603\">@BENBENBEN</a>:萨比米粉","listText":"Replying to <a href=\"https://laohu8.com/U/4208046355706752\">@我是何某</a>:它是酸葡萄萨比//<a href=\"https://laohu8.com/U/4208046355706752\">@我是何某</a>:哈哈哈，你主页全是看人家赚钱之后的破防言论[捂脸]//<a href=\"https://laohu8.com/U/3572569667966603\">@BENBENBEN</a>:萨比米粉","text":"Replying to @我是何某:它是酸葡萄萨比//@我是何某:哈哈哈，你主页全是看人家赚钱之后的破防言论[捂脸]//@BENBENBEN:萨比米粉","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/452697336262712","isVote":1,"tweetType":1,"viewCount":2614,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":452313530323032,"gmtCreate":1751451994716,"gmtModify":1751451996394,"author":{"id":"3458937257965366","authorId":"3458937257965366","name":"KenWang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3458937257965366","idStr":"3458937257965366"},"themes":[],"title":"","htmlText":"疯狂圈钱，漫漫熊途","listText":"疯狂圈钱，漫漫熊途","text":"疯狂圈钱，漫漫熊途","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/452313530323032","repostId":"2548982668","repostType":2,"repost":{"id":"2548982668","kind":"news","pubTimestamp":1751449320,"share":"https://www.laohunote.com/m/news/2548982668?lang=zh_CN&edition=full","pubTime":"2025-07-02 17:42","market":"other","language":"zh","title":"继宁德时代之后，又一千亿巨头要赴港上市了！","url":"https://stock-news.laohu8.com/highlight/detail?id=2548982668","media":"财经头条","summary":"资料显示，亿纬锂能成立于2001年，于2009年在创业板首批上市。亿纬锂能若H股上市成功，将成为继宁德时代之后，又一家实现A+H股架构的中国锂电企业，标志着其全球化战略进入实质性加速阶段。此次港股上市，宁德时代全球发售股份总数为绿鞋前1.35亿股，发行价格为263.00港元/股。截至7月2日，宁德时代港股收盘价为334.6港元，涨幅为1.64%，总市值达到了1.53万亿港元。其A股当天收盘价为250.45元，总市值为1.14万亿元。","content":"<html><body><div>\n<p>来源：储能严究院</p><div><img cms-height=\"484.125\" cms-width=\"645\" src=\"http://n.sinaimg.cn/spider20250702/702/w858h644/20250702/4e61-1eb0629ec03e950c02e9aa42b1186214.png\"/><span></span></div><p cms-style=\"font-L\"><font cms-style=\"font-L strong-Bold\">其市值曾在2021年12月一度超过2700亿元。</font></p><p cms-style=\"font-L align-right\">©图源<font cms-style=\"font-L align-right color60\">｜</font><font cms-style=\"font-L align-right\">公开资料</font></p><p cms-style=\"font-L align-right\"> 文<font cms-style=\"font-L align-right color60\">｜</font><font cms-style=\"font-L align-right\">严凯</font></p><p cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">6月30日，港交所文件显示，惠州<span><a href=\"https://laohu8.com/S/300014\">亿纬锂能</a></span><span></span>股份有限公司（下称“亿纬锂能”；300014</font></font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">.SZ</font></font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">）向港交所递交上市申请书。</font></font></font></font></p><div><img cms-height=\"606.062\" cms-width=\"645\" src=\"http://n.sinaimg.cn/spider20250702/453/w646h607/20250702/2cc6-0da7c4d066b4464aca54b08314772aee.jpg\"/><span></span></div><p cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">资料显示，亿纬锂能成立于</font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">2001年，于2009年在创业板首批上市。</font></font></font></p><p cms-style=\"font-L\"><font cms-style=\"font-L\">截至2025年7月2日，该公司A股总市值为</font><font cms-style=\"font-L strong-Bold color60\">920.78亿元</font><font cms-style=\"font-L\">。最近五年，其市值曾在2021年12月一度超过</font><font cms-style=\"font-L strong-Bold color60\">2700亿元</font><font cms-style=\"font-L\">。</font></p><p cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">招股说明书显示，从</font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">2009年至2024年，亿纬锂能的收入复合增长率为43.9%；净利润复合增长率为36.4%。</font></font></font></p><p cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">经过</font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">24年的发展，亿纬锂能业务范围覆盖</font></font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">消费</font></font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">电池</font></font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">、动力</font></font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">电池</font></font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">、储能</font></font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">电池</font></font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">三大领域</font></font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">。</font></font></font></font></p><p cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">行业权威数据显示，</font></font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">2024年</font></font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">，</font><font cms-style=\"font-L strong-Bold color60\">该公司</font></font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L strong-Bold color60\">消费电池出货量</font></font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L strong-Bold color60\">位居</font></font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L strong-Bold color60\">全球前三</font></font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">，市占率为</font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">11.7%；</font></font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L strong-Bold color60\">动力电池</font></font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L strong-Bold color60\">位居</font></font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L strong-Bold color60\">中国厂商前五</font></font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">，市占率</font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">2.8%；</font></font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">，</font><font cms-style=\"font-L strong-Bold color60\">储能电池</font></font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L strong-Bold color60\">出货量</font></font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L strong-Bold color60\">全球第二</font></font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">，市占率为</font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">17.2%。</font></font></font></font></p><div><img cms-height=\"200.016\" cms-width=\"645\" src=\"http://n.sinaimg.cn/spider20250702/290/w832h258/20250702/b322-47d34b05d1992f86ecb71873c2471260.png\"/><span></span></div><p cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">财务数据方面，</font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">2022-2024年，亿纬锂能分别实现营业收入363.04亿元、487.84亿元、486.15亿元；实现毛利分别为57.86亿元、81.19亿元、84.65亿元。</font></font></font></p><div><img cms-height=\"624.844\" cms-width=\"645\" src=\"http://n.sinaimg.cn/spider20250702/38/w832h806/20250702/71f3-6c9c76b1037e7685e1e2ee2ff683f70f.png\"/><span></span></div><p cms-style=\"font-L\">2022-2024年，储能电池业务快速成为新的“增长极”，占比分别为26%、33.5%、39.1%。其中，2024年的占比与动力电池的39.4%几乎持平。</p><p cms-style=\"font-L\">2025年一季度，该公司储能电池的出货量为12.7GWh，比2024年的7GWh飙涨了80.5%。</p><p cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">根据申请资料，亿纬锂能此次</font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">H股募资的用途包括用于匈牙利生产基地的持续建设、马来西亚生产基地第三期建设提供部分资金；营运资金及一般企业用途。</font></font></font></p><p cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L strong-Bold color60\">亿纬锂能若</font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L strong-Bold color60\">H股上市成功，将成为继<span><a href=\"https://laohu8.com/S/03750\">宁德时代</a></span><span></span>之后，</font></font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L strong-Bold color60\">又一家实现</font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L strong-Bold color60\">A+H股架构的中国锂电企业，标志着其全球化战略进入实质性加速阶段。</font></font></font></font></p><p cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">今年</font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">5月20日，宁德时代在港交所主板挂牌，股票代码为03750.HK。</font></font></font></p><p cms-style=\"font-L\">此次港股上市，宁德时代全球发售股份总数为绿鞋前1.35亿股，发行价格为263.00港元/股。</p><p cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">据了解，这家电池巨擘本次募资总额达</font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">46亿美元，融资规模创H股近4年新高，成为本年全球最大规模IPO，如考虑后续发行的15%绿鞋股份，筹资总额将超过50亿美元。</font></font></font></p><p cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">截至</font></font></font><font cms-style=\"font-L\"><font cms-style=\"font-L\"><font cms-style=\"font-L\">7月2日，宁德时代港股收盘价为334.6港元，涨幅为1.64%，总市值达到了</font><font cms-style=\"font-L strong-Bold color60\">1.53万亿港元</font><font cms-style=\"font-L\">。其A股当天收盘价为250.45元，总市值为</font><font cms-style=\"font-L strong-Bold color60\">1.14万亿元</font><font cms-style=\"font-L\">。</font></font></font></font><font cms-style=\"font-L\"></font></p><p>特别声明：以上内容仅代表作者本人的观点或立场，不代表<a href=\"https://laohu8.com/S/SINA\">新浪</a>财经头条的观点或立场。如因作品内容、版权或其他问题需要与新浪财经头条联系的，请于上述内容发布后的30天内进行。</p>\n<div>\n<div><img src=\"\"/></div>\n<div>海量资讯、精准解读，尽在新浪财经APP</div>\n</div>\n</div></body></html>","source":"sina","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>继宁德时代之后，又一千亿巨头要赴港上市了！</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n继宁德时代之后，又一千亿巨头要赴港上市了！\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-07-02 17:42 北京时间 <a href=https://finance.sina.com.cn/roll/2025-07-02/doc-infeasqa7776009.shtml><strong>财经头条</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>来源：储能严究院其市值曾在2021年12月一度超过2700亿元。©图源｜公开资料 文｜严凯6月30日，港交所文件显示，惠州亿纬锂能股份有限公司（下称“亿纬锂能”；300014.SZ）向港交所递交上市申请书。资料显示，亿纬锂能成立于2001年，于2009年在创业板首批上市。截至2025年7月2日，该公司A股总市值为920.78亿元。最近五年，其市值曾在2021年12月一度超过2700亿元。招股说明书...</p>\n\n<a href=\"https://finance.sina.com.cn/roll/2025-07-02/doc-infeasqa7776009.shtml\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"300750":"宁德时代","LU0405327148.USD":"ALLSPRING CHINA A FOCUS \"A\" (USD) ACC","LU0456827905.SGD":"JPMorgan Funds - China A (acc) SGD","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU2275660780.HKD":"SCHRODER ISF GLOBAL CLIMATE CHANGE EQUITY \"A\" (HKD) ACC","LU0516423091.SGD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (SGD) ACC","LU2097828557.USD":"AZ EQUITY CHINA \"A\" (USD) ACC","LU0128522157.USD":"TEMPLETON ASIAN GROWTH \"A\" ACC","LU0871576103.HKD":"HSBC GIF CHINESE EQUITY \"AC\" (HKD) ACC","LU2097828631.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC","LU1770034418.SGD":"ALL CHINA EQUITY \"A\" (SGDHDG) ACC","LU1997245094.SGD":"安联神州A股基金AT Acc SGD","LU0823426308.USD":"法巴中国股票基金","LU1934453819.USD":"AB CHINA A SHARES EQUITY PORTFOLIO \"A\" (USD) 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EQUITIES \"R\" (USD) ACC","LU1328277881.USD":"MANULIFE GF DRAGON GROWTH FUND \"AA\" (USD) INC","SG9999003461.SGD":"United Asia Pacific Infrastructure SGD","LU1051769294.HKD":"BGF EMERGING MARKETS EQUITY INCOME \"A6\"(HKDHDG) INC","LU0449515922.USD":"HSBC GIF GLOBAL EMERGING MARKETS EQUITY \"PC\" (USD)ACC","LU0244354667.USD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" ACC","LU1655091616.SGD":"JPMorgan Funds - China A-Share Opportunities A (acc) SGD","LU2289578879.USD":"ALLIANZ CHINA A OPPORTUNITIES \"AT\" (USD) ACC","LU0314109678.HKD":"MANULIFE GF DRAGON GROWTH \"AA\" (HKD) INC","LU1861219969.SGD":"Blackrock Future of Transport A2 SGD-H","LU0049853897.USD":"SCHRODER ISF EMERGING MARKETS \"A\" (USD) INC AV","LU0516422366.SGD":"Fullerton Lux Funds - Asia Focus Equities A Acc SGD","EVS.SI":"MSCI China Electric Vehicles and Future Mobility ETF-NikkoAM","LU1997245177.USD":"安联神洲A股基金","LU0320764755.SGD":"FTIF - Templeton Asian Growth A Acc SGD","LU1880383440.USD":"AMUNDI FUNDS CHINA EQUITY \"A2\" (USD) INC","LU2153592121.USD":"Aberdeen Standard SICAV I - Emerging Markets Sustainable Development Equity A Acc USD","LU0505663152.USD":"abrdn SICAV I - FUTURE MINERALS \"A\" (USD) ACC","LU0449509016.USD":"HSBC GIF BRIC EQUITY \"AC\" (USD) ACC"},"source_url":"https://finance.sina.com.cn/roll/2025-07-02/doc-infeasqa7776009.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/b0d1b7e8843deea78cc308b15114de44","article_id":"2548982668","content_text":"来源：储能严究院其市值曾在2021年12月一度超过2700亿元。©图源｜公开资料 文｜严凯6月30日，港交所文件显示，惠州亿纬锂能股份有限公司（下称“亿纬锂能”；300014.SZ）向港交所递交上市申请书。资料显示，亿纬锂能成立于2001年，于2009年在创业板首批上市。截至2025年7月2日，该公司A股总市值为920.78亿元。最近五年，其市值曾在2021年12月一度超过2700亿元。招股说明书显示，从2009年至2024年，亿纬锂能的收入复合增长率为43.9%；净利润复合增长率为36.4%。经过24年的发展，亿纬锂能业务范围覆盖消费电池、动力电池、储能电池三大领域。行业权威数据显示，2024年，该公司消费电池出货量位居全球前三，市占率为11.7%；动力电池位居中国厂商前五，市占率2.8%；，储能电池出货量全球第二，市占率为17.2%。财务数据方面，2022-2024年，亿纬锂能分别实现营业收入363.04亿元、487.84亿元、486.15亿元；实现毛利分别为57.86亿元、81.19亿元、84.65亿元。2022-2024年，储能电池业务快速成为新的“增长极”，占比分别为26%、33.5%、39.1%。其中，2024年的占比与动力电池的39.4%几乎持平。2025年一季度，该公司储能电池的出货量为12.7GWh，比2024年的7GWh飙涨了80.5%。根据申请资料，亿纬锂能此次H股募资的用途包括用于匈牙利生产基地的持续建设、马来西亚生产基地第三期建设提供部分资金；营运资金及一般企业用途。亿纬锂能若H股上市成功，将成为继宁德时代之后，又一家实现A+H股架构的中国锂电企业，标志着其全球化战略进入实质性加速阶段。今年5月20日，宁德时代在港交所主板挂牌，股票代码为03750.HK。此次港股上市，宁德时代全球发售股份总数为绿鞋前1.35亿股，发行价格为263.00港元/股。据了解，这家电池巨擘本次募资总额达46亿美元，融资规模创H股近4年新高，成为本年全球最大规模IPO，如考虑后续发行的15%绿鞋股份，筹资总额将超过50亿美元。截至7月2日，宁德时代港股收盘价为334.6港元，涨幅为1.64%，总市值达到了1.53万亿港元。其A股当天收盘价为250.45元，总市值为1.14万亿元。特别声明：以上内容仅代表作者本人的观点或立场，不代表新浪财经头条的观点或立场。如因作品内容、版权或其他问题需要与新浪财经头条联系的，请于上述内容发布后的30天内进行。\n\n\n海量资讯、精准解读，尽在新浪财经APP","news_type":1,"symbols_score_info":{"300750":1,"JKS":1,"03750":1,"EVS.SI":0.6}},"isVote":1,"tweetType":1,"viewCount":3756,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":447751078895896,"gmtCreate":1750336779288,"gmtModify":1750338755880,"author":{"id":"3458937257965366","authorId":"3458937257965366","name":"KenWang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3458937257965366","idStr":"3458937257965366"},"themes":[],"title":"","htmlText":"每次ipo排队就是臭鱼烂虾也要来圈钱，慢慢进入熊市吧","listText":"每次ipo排队就是臭鱼烂虾也要来圈钱，慢慢进入熊市吧","text":"每次ipo排队就是臭鱼烂虾也要来圈钱，慢慢进入熊市吧","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/447751078895896","isVote":1,"tweetType":1,"viewCount":2302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"defaultTab":"posts","isTTM":false}