《大行》高盛:AI代理及原生工具扩张带动中资软件股增长 降美图(01357.HK)评级至“中性”

阿斯达克财经
Oct 02

高盛发表研究报告指,中国软件行业7月收入按年增长轻微回升至6.7%,较6月按年增6.4%有所加快,但仍低于2025年7月的14%,因资讯科技开支疲弱,更多资源投放于AI算力及AI基础模型/定制AI项目,软件供应商则优先推出AI代理/AI原生工具新品以推动付费用户。该行审视软件股2026年第二季及上半年业绩,认为增长逐步复苏,上半年平均收入按年增长14%,部分公司盈利能力改善。该行指出,商汤-W(...

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