--- title: "#外资研报" topic_id: 82255285112152482 created_at: 2026-06-02T08:40:50.055+0800 source: zsxq type: topic cssclasses: zsxq-vault --- # #外资研报 - 序号：406 - 星球链接：[打开网页](https://wx.zsxq.com/group/15522451881222/topic/82255285112152482) - 附件：图片 0，音频 0，文档 9 - 音频文件：_无音频_ ## 图片 _无图片_ ## 正文 _无正文_ ## 总体总结 _暂无总结_ ## 文档 ### GS-美国电力项目跟踪：可再生能源与联合循环燃气轮机驱动4月装机量强劲增长 US Power Pipeline：Strong increase in April capacity, driven by higher renewables and CCGT.pdf - 状态：skipped_existing - 错误： - 本地资源：[[assets/docs/260602_0840__外资研报__GS-美国电力项目跟踪：可再生能源与联合循环燃气轮机驱动4月装机量强劲增长 US Power Pipeline：Strong increase in April capacity, driven by higher renewables and CCGT.pdf|GS-美国电力项目跟踪：可再生能源与联合循环燃气轮机驱动4月装机量强劲增长 US Power Pipeline：Strong increase in April capacity, driven by higher renewables and CCGT.pdf]] #### 预览 [[assets/docs/260602_0840__外资研报__GS-美国电力项目跟踪：可再生能源与联合循环燃气轮机驱动4月装机量强劲增长 US Power Pipeline：Strong increase in April capacity, driven by higher renewables and CCGT.pdf|GS-美国电力项目跟踪：可再生能源与联合循环燃气轮机驱动4月装机量强劲增长 US Power Pipeline：Strong increase in April capacity, driven by higher renewables and CCGT.pdf]] ### GS-全球科技：半导体 - 存储：DRAM_NAND_HBM 周期持续超预期，推动存储估值倍数扩张；上调三星 海力士目标价并维持买入评级，上调铠侠至买入 Higher for longer DRAM_NAND_HBM cycles to expand memory valuation multiples; Raise TPs for Samsung_Hynix and reiterate Buys, upgrade Kioxia....pdf - 状态：skipped_existing - 错误： - 本地资源：[[assets/docs/260602_0840__外资研报__GS-全球科技：半导体 - 存储：DRAM_NAND_HBM 周期持续超预期，推动存储估值倍数扩张；上调三星 海力士目标价并维持买入评级，上调铠侠至买入 Higher for longer DRAM_NAND_HBM cycles to expand memory valuation multiples; Rai.pdf|GS-全球科技：半导体 - 存储：DRAM_NAND_HBM 周期持续超预期，推动存储估值倍数扩张；上调三星 海力士目标价并维持买入评级，上调铠侠至买入 Higher for longer DRAM_NAND_HBM cycles to expand memory valuation multiples; Raise TPs for Samsung_Hynix and reiterate Buys, upgrade Kioxia....pdf]] #### 预览 [[assets/docs/260602_0840__外资研报__GS-全球科技：半导体 - 存储：DRAM_NAND_HBM 周期持续超预期，推动存储估值倍数扩张；上调三星 海力士目标价并维持买入评级，上调铠侠至买入 Higher for longer DRAM_NAND_HBM cycles to expand memory valuation multiples; Rai.pdf|GS-全球科技：半导体 - 存储：DRAM_NAND_HBM 周期持续超预期，推动存储估值倍数扩张；上调三星 海力士目标价并维持买入评级，上调铠侠至买入 Higher for longer DRAM_NAND_HBM cycles to expand memory valuation multiples; Raise TPs for Samsung_Hynix and reiterate Buys, upgrade Kioxia....pdf]] ### GS-全球外汇交易员：局势缓和下的决断 GLOBAL FX TRADER Resolution Resolve.pdf - 状态：skipped_existing - 错误： - 本地资源：[[assets/docs/260602_0840__外资研报__GS-全球外汇交易员：局势缓和下的决断 GLOBAL FX TRADER Resolution Resolve.pdf|GS-全球外汇交易员：局势缓和下的决断 GLOBAL FX TRADER Resolution Resolve.pdf]] #### 预览 [[assets/docs/260602_0840__外资研报__GS-全球外汇交易员：局势缓和下的决断 GLOBAL FX TRADER Resolution Resolve.pdf|GS-全球外汇交易员：局势缓和下的决断 GLOBAL FX TRADER Resolution Resolve.pdf]] ### GS-日本工业电子：日本财务省4月贸易数据（光纤光缆）——均价大幅上涨；古河电气三重县新厂开始贡献业绩 Japan Industrial Electronics April MOF data (optical fiber_cable) Notable rise in ASP; Furukawa Electric’s new Mie plant contributing.pdf - 状态：skipped_existing - 错误： - 本地资源：[[assets/docs/260602_0840__外资研报__GS-日本工业电子：日本财务省4月贸易数据（光纤光缆）——均价大幅上涨；古河电气三重县新厂开始贡献业绩 Japan Industrial Electronics April MOF data (optical fiber_cable) Notable rise in ASP; Furukawa Electric’.pdf|GS-日本工业电子：日本财务省4月贸易数据（光纤光缆）——均价大幅上涨；古河电气三重县新厂开始贡献业绩 Japan Industrial Electronics April MOF data (optical fiber_cable) Notable rise in ASP; Furukawa Electric’s new Mie plant contributing.pdf]] #### 预览 [[assets/docs/260602_0840__外资研报__GS-日本工业电子：日本财务省4月贸易数据（光纤光缆）——均价大幅上涨；古河电气三重县新厂开始贡献业绩 Japan Industrial Electronics April MOF data (optical fiber_cable) Notable rise in ASP; Furukawa Electric’.pdf|GS-日本工业电子：日本财务省4月贸易数据（光纤光缆）——均价大幅上涨；古河电气三重县新厂开始贡献业绩 Japan Industrial Electronics April MOF data (optical fiber_cable) Notable rise in ASP; Furukawa Electric’s new Mie plant contributing.pdf]] ### GS-软银集团（SoftBank Corp.，9434.T）：上调盈利预测与目标价；移动业务提价、企业及金融业务驱动增长延续，关注AI相关新业务落地 Softbank Corp. (9434.T) Raise GSe_TP; stable growth to continue on mobile price hikes_enterprise_financial; watching launch of AI-related bus....pdf - 状态：skipped_existing - 错误： - 本地资源：[[assets/docs/260602_0840__外资研报__GS-软银集团（SoftBank Corp.，9434.T）：上调盈利预测与目标价；移动业务提价、企业及金融业务驱动增长延续，关注AI相关新业务落地 Softbank Corp. (9434.T) Raise GSe_TP; stable growth to continue on mobile price hi.pdf|GS-软银集团（SoftBank Corp.，9434.T）：上调盈利预测与目标价；移动业务提价、企业及金融业务驱动增长延续，关注AI相关新业务落地 Softbank Corp. (9434.T) Raise GSe_TP; stable growth to continue on mobile price hikes_enterprise_financial; watching launch of AI-related bus....pdf]] #### 预览 [[assets/docs/260602_0840__外资研报__GS-软银集团（SoftBank Corp.，9434.T）：上调盈利预测与目标价；移动业务提价、企业及金融业务驱动增长延续，关注AI相关新业务落地 Softbank Corp. (9434.T) Raise GSe_TP; stable growth to continue on mobile price hi.pdf|GS-软银集团（SoftBank Corp.，9434.T）：上调盈利预测与目标价；移动业务提价、企业及金融业务驱动增长延续，关注AI相关新业务落地 Softbank Corp. (9434.T) Raise GSe_TP; stable growth to continue on mobile price hikes_enterprise_financial; watching launch of AI-related bus....pdf]] ### CITI-中国房地产周度追踪-20260601.pdf - 状态：skipped_existing - 错误： - 本地资源：[[assets/docs/260602_0840__外资研报__CITI-中国房地产周度追踪-20260601.pdf|CITI-中国房地产周度追踪-20260601.pdf]] #### 预览 [[assets/docs/260602_0840__外资研报__CITI-中国房地产周度追踪-20260601.pdf|CITI-中国房地产周度追踪-20260601.pdf]] ### GS-哔哩哔哩（BILI.US）——2026年第一季度非交易路演纪要：稳固的用户参与度与差异化内容生态；广告动能强劲；游戏 Bilibili Inc. (BILI) 1Q26 NDR takeaways Solid user engagement with differentiated content ecosystem; Ads strong momentum; Game.pdf - 状态：skipped_existing - 错误： - 本地资源：[[assets/docs/260602_0840__外资研报__GS-哔哩哔哩（BILI.US）——2026年第一季度非交易路演纪要：稳固的用户参与度与差异化内容生态；广告动能强劲；游戏 Bilibili Inc. (BILI) 1Q26 NDR takeaways Solid user engagement with differentiated content ecosy.pdf|GS-哔哩哔哩（BILI.US）——2026年第一季度非交易路演纪要：稳固的用户参与度与差异化内容生态；广告动能强劲；游戏 Bilibili Inc. (BILI) 1Q26 NDR takeaways Solid user engagement with differentiated content ecosystem; Ads strong momentum; Game.pdf]] #### 预览 [[assets/docs/260602_0840__外资研报__GS-哔哩哔哩（BILI.US）——2026年第一季度非交易路演纪要：稳固的用户参与度与差异化内容生态；广告动能强劲；游戏 Bilibili Inc. (BILI) 1Q26 NDR takeaways Solid user engagement with differentiated content ecosy.pdf|GS-哔哩哔哩（BILI.US）——2026年第一季度非交易路演纪要：稳固的用户参与度与差异化内容生态；广告动能强劲；游戏 Bilibili Inc. (BILI) 1Q26 NDR takeaways Solid user engagement with differentiated content ecosystem; Ads strong momentum; Game.pdf]] ### GS-华虹半导体（1347.HK）：12英寸产能持续扩张；AI应用驱动需求与产能利用率提升；维持买入评级 Hua Hong (1347.HK) 12-inch capacity increasing; AI applications drive demand and loading; Buy.pdf - 状态：skipped_existing - 错误： - 本地资源：[[assets/docs/260602_0840__外资研报__GS-华虹半导体（1347.HK）：12英寸产能持续扩张；AI应用驱动需求与产能利用率提升；维持买入评级 Hua Hong (1347.HK) 12-inch capacity increasing; AI applications drive demand and loading; Buy.pdf|GS-华虹半导体（1347.HK）：12英寸产能持续扩张；AI应用驱动需求与产能利用率提升；维持买入评级 Hua Hong (1347.HK) 12-inch capacity increasing; AI applications drive demand and loading; Buy.pdf]] #### 预览 [[assets/docs/260602_0840__外资研报__GS-华虹半导体（1347.HK）：12英寸产能持续扩张；AI应用驱动需求与产能利用率提升；维持买入评级 Hua Hong (1347.HK) 12-inch capacity increasing; AI applications drive demand and loading; Buy.pdf|GS-华虹半导体（1347.HK）：12英寸产能持续扩张；AI应用驱动需求与产能利用率提升；维持买入评级 Hua Hong (1347.HK) 12-inch capacity increasing; AI applications drive demand and loading; Buy.pdf]] ### GS-罗博特科（300757.SZ）：硅光、共封装光学及光电路交换设备订单持续增长；光子后端制造的关键赋能者；买入评级 RoboTechnik (300757.SZ) Increasing orders for SiPh_CPO_OCS equipment; Key enabler for Photonics back-end manufacturing; Buy.pdf - 状态：skipped_existing - 错误： - 本地资源：[[assets/docs/260602_0840__外资研报__GS-罗博特科（300757.SZ）：硅光、共封装光学及光电路交换设备订单持续增长；光子后端制造的关键赋能者；买入评级 RoboTechnik (300757.SZ) Increasing orders for SiPh_CPO_OCS equipment; Key enabler for Photonics b.pdf|GS-罗博特科（300757.SZ）：硅光、共封装光学及光电路交换设备订单持续增长；光子后端制造的关键赋能者；买入评级 RoboTechnik (300757.SZ) Increasing orders for SiPh_CPO_OCS equipment; Key enabler for Photonics back-end manufacturing; Buy.pdf]] #### 预览 [[assets/docs/260602_0840__外资研报__GS-罗博特科（300757.SZ）：硅光、共封装光学及光电路交换设备订单持续增长；光子后端制造的关键赋能者；买入评级 RoboTechnik (300757.SZ) Increasing orders for SiPh_CPO_OCS equipment; Key enabler for Photonics b.pdf|GS-罗博特科（300757.SZ）：硅光、共封装光学及光电路交换设备订单持续增长；光子后端制造的关键赋能者；买入评级 RoboTechnik (300757.SZ) Increasing orders for SiPh_CPO_OCS equipment; Key enabler for Photonics back-end manufacturing; Buy.pdf]]