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中泰证券:互联网生态进入AI主导的第三阶段,建议关注两大投资主线

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Translation
- :
@.
© ~ | - | |

Tap any word above to look it up or add it to your review deck

Grammar Points

不光…更是…Not only…but even moreHSK 5

Used to highlight that the second clause goes beyond the first, stressing a deeper reason or stronger emphasis.

"AI超级入口的竞争不光是基模、Agent能力的竞争,更是已有互联网业态覆盖能力…"

"具备全域生态与全栈AI能力的头部平台,将享受渗透率提升与估值重塑的戴维斯双击。"

伴随Accompanied byHSK 5

Links two phenomena to show that the second happens alongside or as a result of the first.

"流量格局变迁期必然伴随营销预算大幅扩容。"

"核心支撑来自节前配额售罄、渠道库存保持健康,叠加直营渠道持续平价投放、真实开瓶消费占比提升,市场供需结构持续优化。"

将 + verbFuture/prediction markerHSK 4

‘将’ before a verb expresses a future action or a prediction/reasoned consequence.

"具备全域生态与全栈AI能力的头部平台,将享受渗透率提升与估值重塑的戴维斯双击。"

"AI流量争夺将从春节脉冲式投入转为全年常态化高投放。"

具备 + nounPossess/offerHSK 4

‘具备’ is used to state that someone/something possesses a certain ability, quality, or value.

"具备全域生态与全栈AI能力的头部平台…"

"目前白酒板块估值处于历史低位,具备较强底部配置价值。"

由…提供Passive agent (by)HSK 4

Indicates the agent or source of an action in passive constructions.

"本站由阿里云提供计算与安全服务。"

"网络谣言信息举报入口。"

Key Vocabulary

deHSK1

(used after an attribute when it modifies a noun)

小时xiǎo shíHSK1

CL:個|个[ge4]

qiánHSK1
能力néng lìHSK4

capability

关注guān zhùHSK3

concern; interest; attention

HSK4

and

板块bǎn kuàiHSK7

(economic) bloc

jīng
jiāngHSK4
白酒bái jiǔHSK4

(Tw) white wine (abbr. for 白葡萄酒[bai2 pu2 tao5 jiu3])

举报jǔ bàoHSK7

to report (malefactors to the police)

具备jù bèiHSK5

to possess

duōHSK1

(bound form) multi-; poly-

hàoHSK1
HSK1

to make peace

欧洲ōu zhōuHSK5

Europe (abbr. for 歐羅巴洲|欧罗巴洲[Ou1 luo2 ba1 Zhou1])

价格jià géHSK4

CL:個|个[ge4]

投资tóu zīHSK6

to invest

消费xiāo fèiHSK5

to consume (goods and services, resources etc)

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中泰证券:互联网生态进入AI主导的第三阶段,建议关注两大投资主线 - ISCBJ