FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 騰訊控股有限公司 呈交日期： 2026年1月14日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | 00700 | 說明 | | | | | | | | 多櫃檯證券代號 | 80700 | RMB 說明 | | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | | 已發行股份（不包括庫存股份）變 ...

人民财讯1月14日电，据"微信珊瑚安全"消息，微信发布关于治理违规发布售卖烟草信息的公告称，微 信一直致力于打造安全、健康、绿色的平台生态环境，持续加强发布违禁品信息的治理工作，坚决打击 违规利用互联网发布特定商品营销信息（如烟草、电子烟等）的行为。2025年全年，累计处置违规内容 13018条，封禁账号3130个。 ...

快手-W(01024)获净买入4.41亿港元。消息面上，快手宣布，可灵AI 2025年12月的当月收入突破2000万 美元，对应年化收入运行率(简称ARR)达2.4亿美元。花旗表示，此前已预期可灵AI在12月会有不错表 现，这一结果仍略高于该行预期，预示着2026年的营收前景稳健。花旗认为，可灵全年收入可能超过 2.5亿美元。 智通财经APP获悉，1月14日港股市场，北水成交净买入28.65亿港元，其中港股通(沪)成交净买入25.14 亿港元，港股通(深)成交净买入3.52亿港元。 北水净买入最多的个股是腾讯(00700)、阿里健康(00241)、阿里巴巴-W(09988)。北水净卖出最多的个股 是中国移动(00941)、中芯国际(00981)。 中海油(00883)获净买入1.19亿港元。消息面上，花旗发布研报称，本波油价涨势在未来几天有望突破介 乎每桶55至65美元的原预测区间。花旗将布兰特原油0至3个月目标价从当前现货价约每桶65美元上调至 每桶70美元，主要驱动因素包括供应中断风险上升，以及伊朗和俄罗斯/乌克兰相关地缘政治风险溢价 可能进一步增加。 | 股票名称 | 买入额 | 卖出额 | 买卖总额 ...

南向资金今日净买入28.65亿港元。腾讯控股、阿里健康分别获净买入约20.09亿港元、14.58亿港元；中 国移动、小米集团-W分别遭净卖出9.13亿港元、4.23亿港元。 ...

IT之家 1 月 14 日消息，腾讯视频与北京电影学院战略合作签约仪式暨"AI 影视联合实验室"揭牌仪式于 1 月 13 日在京举行， 腾讯公司副总裁、腾讯在线视频董事长孙忠怀，腾讯在线视频联席总裁兼首席内容官王娟，与北京电影学院党委副书记、院 长扈强，党委常委、副院长童雷，副院长潘若简等共同出席。 双方将以"AI 影视联合实验室"为载体，围绕 AI 影视项目制作与模型共建、赛事与奖项合作等方向展开深入合作，聚焦 AI 影视领域的科研探索、应用实践、产业协同与人才培养，推动影视产业与前沿技术的融合发展。 在赛事与奖项合作方面，腾讯视频与北京电影学院将共同组织 AI 影视联合赛事，面向全国创作者发起 AI 视频创作挑战赛。 双方将共同邀请校内专家与产业专家组成专业评审团队，并联合设立赛事奖项，由腾讯视频提供资金激励支持及获奖作品展 映支持。 IT之家从合作公告获悉，首届 AI 影视联合赛事计划于 2026 年落地，由双方共同负责赛事筹办、评审组织及成果发布等相关 工作。 此外，腾讯视频将通过多元举措助力青年人才成长。AI 影视联合实验室将重点承担 AIGC 前沿人才培养工作，实验室表现优 秀的学生将有机会进入腾 ...

Core Insights - The global mobile game market is projected to grow steadily, reaching $82.3 billion in 2025, with a year-on-year increase of 1.3% [1] - Chinese mobile game publishers continue to show strong performance, generating $23.3 billion in revenue, maintaining a 35% share of the top 100 global mobile game publishers' income [1] Group 1: Tencent's Performance - Tencent retains the top position in the global mobile game publisher revenue ranking, driven by stable performance of flagship products and new releases [2] - The game "Honor of Kings" celebrates its 10th anniversary, achieving over $2 billion in revenue for 2025, a 5% increase year-on-year [2] - The new tactical shooter "Delta Force" has seen a remarkable revenue increase of 29 times since its launch, ranking 5th in China's iOS mobile game revenue and 29th globally [2] Group 2: Rising Competitors - Diandian Interactive ranks second with an 87% increase in global revenue, showcasing strong multi-category capabilities [2] - The strategy game "Whiteout Survival" continues to lead the overseas market with a 45% revenue increase, reaching $2.1 billion [2] - The game "Tasty Travels: Merge Game" has seen a revenue surge of 28 times, breaking $100 million and entering the overseas mobile game revenue ranking at 27th [2] Group 3: Growth in Niche Markets - The synthesis game segment has emerged as a significant growth driver, with a market size exceeding $2.4 billion and a year-on-year growth of 95% [3] - Lemon Microfun leads the synthesis segment with a 165% revenue increase, ranking 4th among publishers [3] - The game "Gossip Harbor" achieved a revenue increase of 242%, securing the second position in the overseas mobile game revenue ranking [3] Group 4: Strategy Game Market Expansion - The global strategy game revenue has increased by 20% year-on-year, surpassing $20 billion, with significant growth in key markets [4] - Florere Game's two 4X strategy games have seen a revenue increase of 20 times, entering the publisher revenue ranking at 6th [4] - The game "Last Z: Survival Shooter" has generated $470 million, ranking 6th in overseas revenue [4] Group 5: Notable Publisher Rankings - Several publishers have seen significant ranking improvements due to unique products, with Diandian Interactive's revenue up 45% to rank 8th [5] - The game "Archero 2" has experienced a revenue surge of 630%, contributing to Haipi Games' 35% revenue increase and 9th place ranking [5] - Kuro Games has seen a 56% revenue increase, moving from 26th to 16th place, driven by the game "Ming Chao" [5]

Core Insights - The global mobile game market is projected to grow steadily, reaching $82.3 billion in 2025, with a year-on-year increase of 1.3% [1] - Chinese mobile game publishers continue to show strong performance, generating $23.3 billion in global revenue, maintaining their share at 35% of the top 100 publishers' income [1] Group 1: Tencent's Performance - Tencent retains the top position in global mobile game publisher revenue, driven by stable performance of flagship products and new releases [2] - The game "Honor of Kings" celebrates its 10th anniversary, achieving over $2 billion in revenue for 2025, a 5% increase year-on-year [2] - New tactical shooter "Delta Force" has shown remarkable growth, with revenue skyrocketing 29 times since its launch, ranking 5th in China's iOS revenue and 29th globally [2] Group 2: Pointillist's Growth - Pointillist Interactive has seen an 87% increase in global revenue, securing the second position among publishers [3] - The strategy game "Whiteout Survival" leads the overseas market with a 45% revenue increase, reaching $2.1 billion [3] - The game has generated $4 billion cumulatively, with significant contributions from the U.S., South Korea, and Japan [3] Group 3: Emerging Game Genres - The synthesis game genre has emerged as a significant growth driver, with a market size exceeding $2.4 billion and a year-on-year growth of 95% [4] - Lemon Microfun leads this genre with a 165% revenue increase, ranking 4th among publishers [4] - The game "Gossip Harbor" has seen a 242% revenue surge, while "Seaside Escape" has increased by 70% [4] Group 4: Strategy Game Market - The global strategy game market has experienced a 20% revenue increase, surpassing $20 billion [5] - Florere Game has entered the publisher ranking at 6th place, with a 20-fold revenue increase from two 4X strategy games [5] - The game "Last Z: Survival Shooter" has generated $470 million, ranking 6th in overseas revenue [5] Group 5: Other Notable Publishers - Several companies have achieved significant revenue growth, with Deying Network rising to 8th place with a 45% increase [6] - The game "Love and Deep Space" has grown by 44%, reaching $550 million in global revenue [6] - Giant Network's "Supernatural Action Group" has generated over $75 million in the Chinese iOS market, doubling the company's revenue [6]

据悉，"商保直付"是腾讯微保在微信就医支付场景下保险理赔服务模式的新实践，通过将原先"医 保报销"和"商保理赔"两个串联流程，革新为出院时"医保+商保"同步结算的并联流程，实现了真正意义 上的"一站式结算"，将理赔周期从数天甚至数周缩短至"秒级"，患者出院时不再需要垫付资金、无需提 交任何纸质材料，让用户不再感觉"出院结算比看病还伤神"，实现了"数据多跑路，群众少跑腿"。 同时，腾讯微保"微信快赔"时效承诺再升级。"微信快赔"自上线以来已覆盖全国超1.2万家二级及 以上公立医院。用户通过微信支付医疗费后，即可在支付成功页面点击"去报销"申请理赔。2025 年，"微信快赔"服务进一步明确理赔服务时效，对部分微医保产品承诺"门诊1日赔、住院3日赔"。 报告同时揭示了不同险种的风险特征，为用户健康管理与风险防范提供了有价值的参考。理赔服务 年报显示，2025年，腾讯微保用户中青少年群体中过敏性鼻炎理赔案件同比增长176.4%；中年人群肝 病、高血压风险上升；老年群体癌症理赔案件同比增加39.4%，凸显定期筛查的重要性。 腾讯官方保险代理平台——腾讯微保近日发布了2025年理赔服务年度报告（下称：报告）。数据显 示， ...

Market Overview - The Hong Kong stock market experienced fluctuations on January 14, with the Hang Seng Index closing up 0.56% at 26,999.81 points, the Hang Seng Tech Index up 0.66% at 5,908.26 points, and the National Enterprises Index up 0.32% at 9,315.56 points. The Red Chip Index fell by 0.2% to 4,137.69 points [1] Company News - **Q Technology (01478.HK)**: Announced an expected net profit growth of approximately 400% to 450% for the year ending December 31, 2025 [2] - **China Coal Energy (01898.HK)**: Projected a 10.2% decrease in coal sales volume to approximately 256 million tons for 2025, with December sales down 23% year-on-year to 21.88 million tons [2] - **Keenovo Technology (01274.HK)**: Selected as a supplier for a Korean automotive group's driver assistance solutions for four vehicle models [2] - **Kanzai Real Estate (00832.HK)**: Reported a 16.3% decrease in property contract sales to 8.467 billion yuan for 2025 [3] - **China Resources Land (00754.HK)**: Estimated total contract sales of approximately 15.607 billion yuan for 2025, a decrease of 6.15% [4] - **Suteng Juchuang (02498.HK)**: Forecasted laser radar product sales of approximately 912,000 units for 2025 [5] - **Xiaocai Garden (00999.HK)**: Plans to establish a joint venture for online shopping and "community ready-to-eat stores" [6] - **GDS Holdings (09698.HK)**: Recovered approximately 95% of the investment principal from DayOne, with an investment return rate of nearly 6.5 times [7] - **China Biologic Products (01177.HK)**: Proposed to acquire 100% of Hejiya for a maximum base price of 12 million yuan to accelerate the development of the siRNA liver delivery platform [7] - **Fuhong Hanlin (02696.HK)**: Received acceptance from the FDA for the biological product license application for Hanbeitai® (Bevacizumab injection) [7] - **Xiaomi Group (01810.HK)**: Repurchased 4 million shares for 152 million HKD at prices between 37.94 and 38.04 HKD [8] - **Tencent Holdings (00700.HK)**: Repurchased 1.012 million shares for 636 million HKD at prices between 623 and 638 HKD [9] - **Sunny Optical Technology (02382.HK)**: Repurchased 640,000 shares for 41.78 million HKD at prices between 64.55 and 65.8 HKD [10] Institutional Insights - **Dongwu Securities**: Suggests that the window for the Federal Reserve to cut interest rates is limited this year, and the rebound of the Hong Kong stock market will depend on fundamental conditions. The overall strategy remains a barbell approach, focusing on value dividends and sectors like AI technology, non-ferrous metals, and innovative pharmaceuticals [11] - **CITIC Securities**: Notes that the Hong Kong market has lagged behind A-shares due to overseas liquidity dynamics. The US unemployment rate drop supports a pause in rate cuts, and the stabilization of the Shanghai Composite Index at 4,000 points limits downward pressure on Hong Kong stocks. Anticipates a rebound in tech stocks driven by sentiment recovery and southbound capital [12] - **Industrial Securities**: Recommends leading internet companies in the AI sector, expecting a resonance in buying from domestic and foreign investors. Also suggests focusing on dividend assets in a low-interest-rate environment, including insurance, banking, energy, and public utilities [12] - **Zheshang International**: Optimistic about sectors benefiting from policy support, such as new energy, innovative pharmaceuticals, and AI technology. Expects the Hong Kong market's performance in spring 2026 to be driven by "AI applications + PPI improvement + expanded domestic demand" [13]

Core Viewpoint - Tencent Holdings has been recognized as a core asset in the digital economy for 2026, showcasing its resilience and growth potential in the AI era through a stable organizational structure and robust cash flow generation capabilities [1][25]. Group 1: Organizational Governance and Ecosystem - Tencent maintains a stable governance model with low-frequency adjustments, ensuring long-term strategic execution [3]. - The management structure is clearly defined, with Ma Huateng as Chairman and CEO, and Liu Chiping as President, focusing on strategic execution and capital allocation [3]. - Tencent's ecosystem is characterized by a balanced revenue structure, with key segments including value-added services (49%), online advertising (18%), and fintech & enterprise services (32%) [5][11]. Group 2: Revenue and Growth Engines - The gaming business remains a core cash flow engine, with flagship products like "Honor of Kings" and "Peacekeeper Elite" sustaining stable revenue streams [6]. - Tencent's advertising revenue is projected to reach 121.4 billion yuan in 2024, driven by AI-enhanced efficiency in ad placements [16]. - The fintech and enterprise services segment is expected to generate 212 billion yuan in 2024, leveraging the social ecosystem for high-frequency engagement [12][11]. Group 3: Financial Strength - Tencent boasts a stable and high-quality free cash flow, providing a solid foundation for long-term growth and shareholder returns [22]. - The company has a strong profit margin and operational cash flow, enabling consistent dividend payments and stock buybacks [22]. - Strategic investments in companies like JD.com, Meituan, and Pinduoduo enhance ecosystem synergy and cash flow stability [22]. Group 4: AI Empowerment and Digital Infrastructure - Tencent's focus on AI applications across various business segments is expected to drive efficiency and revenue growth [15][21]. - The integration of AI in advertising, gaming, and enterprise services enhances user engagement and operational efficiency [18][21]. - Tencent's video platform, WeChat Channels, is evolving into a core commercial driver, leveraging its social ecosystem for enhanced user retention and monetization [19][25].