#腾讯捐1000万港元驰援香港# 【腾讯捐赠1000万港元，支援香港大埔火灾救援】#多家知名企业驰援香 港# 11月27日，据腾讯基金会官微消息，腾讯公益慈善基金会（香港）启动首批捐款1000万港元，用于 香港大埔火灾受灾居民的紧急救援、过渡安置、生活物资补给及情绪疏导等急需工作。 安踏集团宣布捐赠总额3000万港元的现金及防寒装备（1000万港元现金及2000万港元防寒装备），用于 受灾同胞的紧急安置及过渡期基本生活保障所需。安踏集团将持续关注灾情进展，助力受灾同胞早日渡 过难关。 小米公益基金会宣布：香港小米基金会捐赠1000万港元，紧急驰援香港大埔火灾救援。祈愿逝者安息、 伤者康复，受灾同胞早日渡过难关。（每日经济新闻综合智通财经、微博，泽塔） ANTA SPORTS ƏMINIAST 20 金城消30 ming 10 6 @每日经济新闻 s II s @ D 0 00 00 qjib 00 010 @ <0)(0) al OR ● 40,00 <1219 <0.0 and 63 @每日经济新闻 . ...

Core Insights - Tencent's "Hunyuan 3D" has accelerated its global outreach by launching an international version of its creative engine and achieving over 3 million downloads of its open-source model, marking a significant step in its AI strategy [2][3][21] - Tencent's unique position as a technology company lies in its combination of massive 3D demand from various sectors, mature multi-modal capabilities of its Hunyuan model, and a comprehensive distribution network through WeChat, QQ, and Tencent Cloud [3][4] Group 1: Business and Technology Integration - The traditional 3D industry faces challenges of high costs and long production times, with art costs in game development often accounting for 50%-80% of total expenses, and 3D asset creation being the most resource-intensive [6][7] - Hunyuan 3D aims to address these issues by enhancing the efficiency of 3D asset production and solving scene-level construction problems through two main technical lines [8][9] - The integration of Hunyuan 3D into Tencent's internal game projects has shown promising results, significantly reducing the time required to create 3D assets from days to mere hours [12][14] Group 2: Market Applications and Expansion - Hunyuan 3D's applications extend beyond gaming, with over 150 companies across various industries, including e-commerce, film, advertising, and 3D printing, utilizing its models to enhance production efficiency [25][27] - The technology has enabled a shift in consumer 3D printing, allowing users to generate personalized models with minimal expertise, thus expanding the market [26] - In advertising and content creation, Hunyuan 3D is poised to transform how brands engage with consumers by moving from static displays to interactive experiences [27][29] Group 3: Strategic Vision and Competitive Edge - Tencent's AI strategy focuses on building ecological barriers rather than merely scaling operations, emphasizing quality, controllability, and cost-effectiveness as foundational capabilities [31][32] - The company has achieved recognition for its Hunyuan image model, which topped global rankings, indicating its leadership in multi-modal technology [31] - Tencent's approach to 3D generation is characterized by a commitment to understanding industry pain points and fostering an ecosystem that supports sustainable growth [39][40]

腾讯认为，大量企业能将硬件本体打磨得非常出色，但在软件和智能上的投入却不足，这需要长期、巨 大的成本投入。这种"软硬失衡"现象，成为腾讯切入具身智能的空间。 在近日举行的腾讯全球数字生态大会无锡峰会上，腾讯云高管详解其在具身智能领域的战略思考：不造 机器人本体，而是通过软硬件解耦模式，提供从模型、开发工具到底层算力的全栈解决方案，意图做机 器人的"大脑"，加快具身智能产业落地。 打造具身智能的"大脑" 今年春节，宇树科技的人形机器人登上春晚，引发全民关注。随后接踵而来的人工智能大会、世界机器 人大会、世界人形机器人运动会等热点事件，让具身智能投融资领域迎来新的热潮，国内具身智能企业 纷纷开启新一轮融资，大笔热钱涌入。近期，智元和宇树两家估值上的头部具身智能公司进军二级市 场，更将具身智能投融资热潮拉至新高。 腾讯是国内最早布局机器人产业的互联网企业之一，早在2018年腾讯就成立了Robotics X实验室，在过 去七年不断推出机器人原型产品。 "具身智能的落地是一个极其复杂、环环相扣的系统工程。从需要巨大投入的基础模型，到成本高昂的 场景数据采集，再到流程化工具的训练仿真，以及令人头大的真机部署和升级，每一个 ...

11月27日消息，腾讯公益慈善基金会启动首批捐款1,000万港元，用于香港大埔受灾居民的紧急救援、 过渡安置、生活物资补给及情绪疏导等急需工作。基金会将持续关注救灾情况，根据灾情和实际需求， 和各方保持合作，祈愿受灾居民平安及生活早日复常。 ...

据了解，《剑星》今年 6 月登陆 PC 后在 Steam 表现强劲，刷新索尼单机游戏在 PC 端的同时在线人数 纪录。（IT之家） Shift Up 此前对该作的定位是"次文化跨平台作品"，创意灵感来自"东方幻想"。 Level Infinite 曾在 2022 年发行《胜利女神：妮姬》，而 Shift Up 随后凭借索尼发行的《剑星》在全球 大获成功。 双方在联合声明中表示，Level Infinite 希望依托 Shift Up 在《胜利女神：妮姬》与《剑星》上的成功经 验，为全球玩家带来新一代游戏体验。声明同时说明，双方已进一步扩大合作范围，包括发行与共同开 发。 【#剑星开发商与腾讯达成合作#，将共同打造虚幻5跨平台新游】《剑星》开发商 Shift Up 昨天宣布将 与腾讯展开合作，由腾讯旗下 Level Infinite 负责发行新作 Project Spirits。 Project Spirits 为跨平台游戏，计划登陆 PC、主机与移动端，由 Shift Up 与腾讯关联企业永星互动采用 虚幻引擎 5 共同制作。该项目早期代号为 Project Witches，之后统一更名为 Project S ...

Core Viewpoint - The Hong Kong technology sector is experiencing a strong rally, driven by multiple favorable factors including increased expectations for Federal Reserve interest rate cuts and improved market liquidity, alongside significant revenue growth in Alibaba's cloud business and a resurgence in AI focus [1]. Group 1: Market Performance - As of November 27, 2025, the CSI Hong Kong Stock Connect Technology Index (931573) has seen a strong increase, with notable gains in constituent stocks such as Huahong Semiconductor (up 5.36%), Kangfang Biotech (up 4.89%), and Li Auto (up 3.87%) [1]. - The Hong Kong Technology ETF (159751) has risen by 0.73%, marking its fourth consecutive increase, with the latest price reported at 1.1 HKD [1]. Group 2: Influencing Factors - The recent rally in the Hong Kong technology sector is attributed to the anticipated easing of monetary policy by the Federal Reserve, which is expected to enhance liquidity in the market [1]. - The combination of the Federal Reserve's halt on balance sheet reduction and the relaxation of SLR regulations is expected to limit liquidity pressure in the medium term [1]. Group 3: Index Composition - The CSI Hong Kong Stock Connect Technology Index comprises 50 large-cap technology companies with high R&D investment and revenue growth, reflecting the overall performance of leading technology stocks within the Hong Kong Stock Connect [1]. - As of October 31, 2025, the top ten weighted stocks in the index include Alibaba-W, Tencent Holdings, and SMIC, collectively accounting for 66.81% of the index [2].

Summary of Conference Call on AI Infrastructure and Related Industries Industry Overview AI Data Center (AIDC) - China's AIDC market experienced a significant surge in the second half of 2025, driven by rapid AI adoption and advancements in domestic chip technology [1][7] - ByteDance's token usage increased dramatically from 4 trillion in February to 30 trillion in September 2025 [1][7] - AIDC investments are primarily led by cloud vendors, telecom operators, and third-party firms, with construction costs ranging from RMB 17,000 to 23,000 per kW [1][8][9] - Major players like ByteDance, Tencent, and Huawei are actively pursuing new data center projects, including a notable 800MW park for ByteDance [1][10] Liquid Cooling - Liquid cooling technology in China has low adoption rates, remaining below 10% in 2025, compared to over 3,000 units deployed overseas [2][14] - The market for liquid cooling is projected to grow at a 64% CAGR from 2025 to 2030, with penetration expected to rise from 10% in 2025 to 45% by 2030 [2] - Cold plate systems dominate the liquid cooling market with a 90% share, while immersion cooling faces high costs and lacks standardization [2][15] - Domestic competition is intense, leading to significant price gaps; CDU pricing ranges from US$10 to 230 per kW [2][16] Optical Fiber - China accounts for approximately 50% of global fiber demand, with projections of 260 million fiber-km domestically and 568 million globally by 2025 [3][19] - The optical cable market is expected to grow at a 5% CAGR, with a shift towards high-end products like G654E fiber and hollow-core fiber [3][20] - Profitability in the optical fiber market is concentrated upstream, with preforms contributing 70% of profits, fiber 20%, and cables only 10% [3][22] - Intense domestic competition has led to price reductions, making it challenging for smaller players to survive [3][21] Key Insights AIDC Developments - The AIDC market is rebounding due to broader AI applications across various sectors, including manufacturing and healthcare [7] - Domestic chips are being commercially deployed, although they still lag behind NVIDIA's technology [7] - The construction of training clusters in western China is part of the "Eastern Data, Western Computing" strategy [8] Liquid Cooling Market Dynamics - The domestic AI market is in an early stage of rapid growth, with server memory prices tripling [13] - Liquid cooling systems are becoming critical components of the data center value chain, with export opportunities emerging [11][18] - Future growth in liquid cooling will depend on cost reductions and advancements in microchannel technology [2][18] Optical Fiber Market Trends - The demand for fiber optic communication is projected to reach nearly 170 million fiber-kilometers in 2025 [19] - Export opportunities are concentrated in Southeast Asia, while Europe and North America present challenges due to trade barriers [20] - Emerging technologies like hollow-core fiber and multi-core fiber are expected to enhance competitiveness in the market [21] Conclusion - The AIDC, liquid cooling, and optical fiber industries are poised for significant growth driven by technological advancements and increasing demand for AI applications. However, challenges such as intense competition and reliance on imported components may impact profitability and market dynamics in the near future.

| 博雅互动(00434) | 20.00 万 | 78.20 万 | 60.00 万 | | | --- | --- | --- | --- | --- | | 粉笔(02469) | 20.00 万 | 62.00 万 | 926.60 万 | 0.415% | | 朝聚眼科(02219) | 12.00 万 | 30.84 万 | 60.00 万 | 0.085% | | 希玛眼科(03309) | 16.00 万 | 27.72 万 | 16.00 万 | 0.013% | | 微泰医疗-B(02235) | 3.87 万 | 25.76 万 | 28.31 万 | 0.170% | | 叮当健康(09886) | 17.00 万 | 17.91 万 | 58.00 万 | 0.044% | | 家乡互动(03798) | 11.80 万 | 17.60 万 | 87.40 万 | 0.068% | | 畅捷通(01588) | 1.62 万 | 14.16 万 | 26.32 万 | 0.320% | | 汇通达网络(09878) | 7300.00 | 7.30 万 | 10.87 万 | 0.0 ...

格隆汇勾股大数据显示，腾讯控股(00700)、小米集团-W(01810)、美的集团(00300)、顺丰控股(06936)、 中国石油化工股份(00386)、中远海控(01919)、快手-W(01024)、VITASOY INT'L(00345)、德康农牧 (02419)、速腾聚创(02498)、金山软件(03888)、中国飞鹤(06186)、固生堂(02273)、富智康集团(02038)、 碧桂园服务(06098)、昊海生物科技(06826)、网龙(00777)、MONGOL MINING(00975)、布鲁可 (00325)、津上机床中国(01651)、北森控股(09669)、蒙牛乳业(02319)、明源云(00909)、名创优品 (09896)、康臣药业(01681)、多点数智(02586)、联易融科技-W(09959)、绿城服务(02869)、威高股份 (01066)、博雅互动(00434)、粉笔(02469)、朝聚眼科(02219)、希玛医疗(03309)、微泰医疗-B(02235)、叮 当健康(09886)、家乡互动(03798)、畅捷通(01588)、汇通达网络(09878)、首佳科技(新)(00 ...

根据2025年11月26日披露数据，中国电信（00728）、大眾公用（01635）、绿色动力环保（01330）位 居港股通持股比例前3位，分别为72.63%、70.19%、69.17%。此外，万国黄金集团（03939）、阿里巴 巴－W（09988）、腾讯控股（00700）在最近有统计数据的5个交易日内，持股额增幅最大，分别为 +120.88亿元、+63.46亿元、+30.04亿元;中芯国际（00981）、赣锋鋰业（01772）、信达生物（01801） 在最近有统计数据的5个交易日内，持股额减幅最大，分别为-12.78亿元、-5.58亿元、-5.18亿元。 具体数据如下（交易所数据根据T+2日结算）： 1、港股通最新持股比例排行（前20名） | 公司名称 | 持股数量 | 最新持股比例 | | --- | --- | --- | | 中国电信(00728) | 100.81亿股 | 72.63% | | 大眾公用(01635) | 3.75亿股 | 70.19% | | 绿色动力环保(01330) | 2.80亿股 | 69.17% | | 昊天国际建投(01341) | 74.74亿股 | 68.90% | ...