{"id":621399,"date":"2026-02-20T03:13:17","date_gmt":"2026-02-20T11:13:17","guid":{"rendered":"https:\/\/nai500.com\/?p=621399"},"modified":"2026-02-20T03:13:17","modified_gmt":"2026-02-20T11:13:17","slug":"10-34","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hans\/blog\/2026\/02\/10-34\/","title":{"rendered":"10 \u652f\u63a8\u52a8\u5168\u7403\u89c4\u6a21\u4e0e\u6210\u672c\u901a\u7f29\u7684\u4e2d\u56fd\u80a1\u7968"},"content":{"rendered":"

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IMF \u4e89\u8bba\u9047\u4e0a\u5e02\u573a\u73b0\u5b9e\uff1a\u89c4\u6a21\u5c31\u662f\u6218\u7565<\/h3>\n

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\u7535\u52a8\u8f66\u4e0e\u7eff\u8272\u51fa\u53e3\u5728\u91cd\u8bbe\u7ade\u4e89\u529b\uff0c\u800c\u975e\u6467\u6bc1\u5b83<\/h3>\n

\u4e2d\u56fd\u54c1\u724c\u7535\u52a8\u8f66\u5728\u6b27\u6d32\u9053\u8def\u4e0a\u7684\u6fc0\u589e\uff0c\u53cd\u6620\u4e86\u5728\u7535\u6c60\u3001\u9006\u53d8\u5668\u548c\u8f66\u8f86\u8f6f\u4ef6\u65b9\u9762\u5341\u5e74\u7684\u6295\u5165\u3002BYD \u5df2\u6210\u4e3a\u65b0\u7684\u6807\u6746\uff1a2024 \u5e74\u9500\u91cf\u8d85\u8fc7 427 \u4e07\u8f86\uff0c\u540c\u6bd4\u589e\u957f 41.3%\uff0c\u5e76\u5728 2025 \u5e74\u8d85\u8fc7 Tesla \u6210\u4e3a\u4e16\u754c\u4e0a\u6700\u5927\u7684\u7535\u52a8\u8f66\u5236\u9020\u5546\u3002\u8fd9\u79cd\u4f53\u91cf\u5e26\u6765\u7684\u89c4\u6a21\u6548\u5e94\u610f\u5473\u7740\u6210\u672c\u66f2\u7ebf\u662f\u5176\u4ed6\u4eba\u5fc5\u987b\u8ffd\u8d76\u7684\u3002\u6b27\u6d32\u6c7d\u8f66\u5382\u5546\u80fd\u591f\u4e14\u4f1a\u505a\u51fa\u53cd\u5e94\u2014\u2014\u5408\u4f5c\u3001\u672c\u5730\u7ec4\u88c5\u548c\u8f6f\u4ef6\u5347\u7ea7\u5df2\u7ecf\u5728\u63a8\u8fdb\u3002\u77ed\u671f\u7684\u5b9a\u4ef7\u538b\u529b\u662f\u771f\u5b9e\u5b58\u5728\u7684\uff0c\u4f46\u5168\u7403\u6d88\u8d39\u8005\u5269\u4f59\u66f4\u5927\u3002\u66f4\u4fbf\u5b9c\u7684\u7535\u52a8\u8f66\u52a0\u901f\u51cf\u6392\uff0c\u5e76\u5728\u4e2d\u4e1c\u6b27\u3001\u5357\u6b27\u548c\u4e2d\u4e1c\u5317\u975e\u63a8\u52a8\u5145\u7535\u57fa\u7840\u8bbe\u65bd\u6295\u8d44\u3002\u5176\u7ed3\u679c\u662f\u5728\u5bf9\u6c14\u5019\u548c\u80fd\u6e90\u5b89\u5168\u6700\u5173\u952e\u7684\u5730\u65b9\u5b9e\u73b0\u66f4\u5feb\u7684\u7535\u6c14\u5316\u3002<\/p>\n

\u653f\u7b56\u518d\u6821\u51c6\u5c06\u81f3\u2014\u2014\u4f46\u6a21\u5f0f\u5df2\u5b9e\u73b0\u89c4\u6a21\u5316<\/h3>\n

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\u9762\u5411\u5168\u7403\u66b4\u9732\u7684 10 \u652f\u4e2d\u56fd\u80a1\u7968\u8981\u70b9<\/h3>\n

1) Alibaba Group (NYSE: BABA) \u2014 \u56fd\u9645\u7535\u5546\u6536\u5165\u540c\u6bd4\u589e\u957f 36%\uff0c\u8868\u660e\u8de8\u5883\u589e\u957f\u6301\u4e45\uff1b\u91cc\u7a0b\u7891\uff1a\u91cd\u65b0\u805a\u7126\u4e91\u7aef\u76c8\u5229\u80fd\u529b\uff0c\u652f\u6301\u5168\u7403\u5546\u5bb6\u4ee5\u66f4\u4f4e\u7684 AI \u8ba1\u7b97\u6210\u672c\u8fd0\u8425\u3002<\/p>\n

2) Tencent (HKEX: 0700) \u2014 \u622a\u81f3 2025 \u5e74\u521d\u5e02\u503c\u63a5\u8fd1 5,940 \u4ebf\u7f8e\u5143\uff0c\u56fd\u5185\u6e38\u620f\u6536\u5165\u589e\u957f 23%\uff0c\u817e\u8baf\u7684\u91d1\u878d\u79d1\u6280\u4e0e\u5185\u5bb9\u901a\u9053\u5c06\u53d8\u73b0\u5ef6\u4f38\u81f3\u4e1c\u76df\uff1b\u5168\u7403\u5f71\u54cd\uff1a\u5185\u5bb9 IP \u51fa\u53e3\u4e0e\u652f\u4ed8\u4e92\u8054\u4e92\u901a\u3002<\/p>\n

3) JD.com (NASDAQ: JD) \u2014 \u5229\u7528\u4e00\u6d41\u7269\u6d41\u6269\u5c55\u81f3\u56fd\u9645\u5e02\u573a\uff1b\u5168\u7403\u5f71\u54cd\uff1a\u4e3a\u8fdb\u5165\u4e2d\u56fd\u53ca\u5176\u4ed6\u5e02\u573a\u7684\u54c1\u724c\u8bbe\u5b9a\u4ea4\u4ed8\u57fa\u51c6\uff0c\u964d\u4f4e\u5e93\u5b58\u6210\u672c\u3002<\/p>\n

4) PDD Holdings (NASDAQ: PDD) \u2014 \u7528\u6237\u89c4\u6a21\u5feb\u901f\u589e\u957f\u4e14\u4f9b\u5e94\u94fe\u6781\u5176\u9ad8\u6548\uff1b\u5168\u7403\u5f71\u54cd\uff1a\u793e\u4ea4\u7535\u5546\u4f5c\u6218\u624b\u518c\u538b\u7f29\u4e86\u9762\u5411\u7535\u5546\u65b0\u624b\u6d88\u8d39\u8005\u7684\u5382\u5546\u83b7\u5ba2\u6210\u672c\u3002<\/p>\n

5) NIO (NYSE: NIO) \u2014 \u8f66\u8f86\u5728\u56fd\u9645\u5e02\u573a\u83b7\u5f97\u7275\u5f15\uff1b\u5168\u7403\u5f71\u54cd\uff1a\u7535\u6c60\u5373\u670d\u52a1\u6a21\u5f0f\u964d\u4f4e\u4e86\u6d88\u8d39\u8005\u548c\u8f66\u961f\u7684\u7535\u52a8\u8f66\u524d\u671f\u6210\u672c\u3002<\/h3>\n

6) Baidu (NASDAQ: BIDU) \u2014 Apollo Go \u5728\u5168\u7403\u673a\u5668\u4eba\u51fa\u79df\u8f66\u9886\u57df\u9886\u5148\uff1b\u91cc\u7a0b\u7891\uff1a\u81ea\u52a8\u9a7e\u9a76\u6280\u672f\u6808\u6210\u719f\uff0c\u4f7f Baidu \u6210\u4e3a\u8f6f\u4ef6\u4e0e\u51fa\u884c\u670d\u52a1\u7684\u51fa\u53e3\u65b9\u3002<\/p>\n

7) TAL Education (NYSE: TAL) \u2014 \u6269\u5c55\u4ea7\u54c1\u7ec4\u5408\u4e3a\u66f4\u5e7f\u6cdb\u7684\u6559\u80b2\u79d1\u6280\u89e3\u51b3\u65b9\u6848\uff1b\u5168\u7403\u5f71\u54cd\uff1aAI \u9a71\u52a8\u7684\u5b66\u4e60\u5de5\u5177\u4ee5\u89c4\u6a21\u63d0\u5347\u6548\u679c\u4e0e\u8986\u76d6\u3002<\/p>\n

8) iQIYI (NASDAQ: IQ) \u2014 \u66f4\u5927\u7684\u5185\u5bb9\u5e93\u548c\u8ba2\u9605\u7528\u6237\u589e\u957f\uff1b\u5168\u7403\u5f71\u54cd\uff1a\u4e2d\u56fd\u539f\u521b\u5185\u5bb9\u66f4\u6613\u51fa\u6d77\uff0c\u56fd\u5916\u53d8\u73b0\u5e76\u5b9e\u73b0\u6536\u5165\u591a\u5143\u5316\u3002<\/p>\n

9) Hello Group (NASDAQ: MOMO) \u2014 \u591a\u5143\u5316\u8fdb\u519b\u76f4\u64ad\u89c6\u9891\u4e0e\u793e\u4ea4\u4f53\u9a8c\uff1b\u91cc\u7a0b\u7891\uff1a\u5728\u5b8f\u89c2\u5468\u671f\u4e2d\u63d0\u5347\u4e86\u53c2\u4e0e\u5ea6\u4e0e\u53d8\u73b0\u97e7\u6027\u3002<\/p>\n

10) StepFun (Private) \u2014 \u5ba3\u5e03\u6210\u7acb\u4e00\u4e2a\u5c06 LLM \u5f00\u53d1\u8005\u4e0e\u56fd\u5185\u82af\u7247\u5382\u5546\u8fde\u63a5\u7684\u6a21\u578b\u2014\u82af\u7247\u751f\u6001\u521b\u65b0\u8054\u76df\uff1b\u5168\u7403\u5f71\u54cd\uff1a\u6a21\u578b\u4e0e\u82af\u7247\u534f\u540c\u8bbe\u8ba1\u964d\u4f4e AI \u63a8\u7406\u6210\u672c\u4e0e\u4f9b\u5e94\u98ce\u9669\u3002<\/p>\n

\u4e2d\u56fd\u7684 AI \u6fc0\u589e\u73b0\u5728\u662f\u4e00\u4e2a\u5b8f\u89c2\u53d8\u91cf<\/h3>\n

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