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里昂料外賣平台價格戰持續 企業增加AI資本開支
里昂中國策略師李世豪表示,就A股市場而言,他認為對外授權(BD)將繼續成為藥企板塊的催化劑,而保險板塊亦可受惠於居民資產重新分配,至於消費行業則要留意有政策支持及出海的企業。
他又提到,相信內地反內捲政策力度持續升級,將成為長期投資主題。在相關周期中,可留意產能增長較慢的行業,如半導體、電解液等;預期有政策落地的行業,如快遞、煤炭,以及有出口許可及海外市場份額較高的企業,如稀土等。
另外,對於近日有關部門約見內地外賣平台並打擊過度競爭,他認為平台價格戰仍然會持續,因企業要靠低價爭奪顧客。不過,企業的AI資本開支不會減少,因AI有助推動企業收入。他認為AI行業的順風會持續,而國際AI龍頭背後的內地供應商,將可受惠於企業AI資本開支增加。
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