Group 1 - Tencent is launching a promotional campaign for its AI model "Yuanbao" by distributing a total of 1 billion yuan in cash red envelopes during the Spring Festival [2][3] - The campaign will start on February 1, with users able to reserve their participation in advance through the Yuanbao app, gaining additional lottery chances [2][3] - The initiative aims to enhance user engagement and promote new AI features within the Yuanbao app [2][3] Group 2 - According to a report by Quest Mobile, Yuanbao ranks among the top AI applications in terms of weekly active users, with 20.84 million users [9][12] - The report indicates a competitive landscape in the AI app market, with both general-purpose and specialized AI applications gaining significant user bases [10][12] - The leading general-purpose AI app, Doubao, has a weekly active user count of 155 million, showcasing the dominance of general AI applications in the market [12]

1月25日，腾讯官方发布《关于春节分10亿现金的通知》：将在2月1日上线春节活动，用户上元宝App 分10亿现金红包，单个红包金额可达万元。 活动设置了万元小马卡、现金红包和分享红包等红包形态，用户每天上元宝App都能领现金红包，通过 做任务可抽更多红包，并有几率抽中限量100张的价值1万元现金小马卡。分享红包支持转发给微信、 QQ好友和社群，让元宝出钱、好友拆红包。 1月25日，元宝App更新到最新的2.55.0 以上版本，点击主页的预约卡片即可进入春节会场预约页面，提 前预约的用户将在2月1日活动开启当天，额外获得10次抽奖次数。 2015年春晚，腾讯通过微信"摇一摇"形式向全民发放5亿现金红包，完成微信支付的"诺曼底登陆"，10 年后腾讯再罕见撒币10亿现金，能否再次通过春节这一超级社交场景，实现腾讯AI提速。 10亿真金白银背后，腾讯正在酝酿AI大招，据腾讯内部人士透露，元宝即将上线全新玩法，已开启内 测邀约，官方公布的产品界面图中已悄然新增一个名为"派"的底tab入口。 ...

10亿真金白银背后，腾讯正在酝酿AI大招，据腾讯内部人士透露，元宝即将上线全新玩法，已开启内 测邀约，官方公布的产品界面图中已悄然新增一个名为"派"的底tab入口。 新浪科技讯 1月25日下午消息，腾讯官方发布《关于春节分10亿现金的通知》：将在2月1日上线春节活 动，用户上元宝App分10亿现金红包，单个红包金额可达万元。 据悉，此次活动，用户需将元宝App更新到最新的2.55.0 以上版本，点击主页的预约卡片即可进入春节 会场预约页面，提前预约的用户将在2月1日活动开启当天，额外获得10次抽奖次数。 活动设置了万元小马卡、现金红包和分享红包等红包形态，用户每天上元宝App都能领现金红包，通过 做任务可抽更多红包，并有几率抽中限量100张的价值1万元现金小马卡。分享红包支持转发给微信、 QQ好友和社群，让元宝出钱、好友拆红包。 责任编辑：王珂 新浪科技讯 1月25日下午消息，腾讯官方发布《关于春节分10亿现金的通知》：将在2月1日上线春节活 动，用户上元宝App分10亿现金红包，单个红包金额可达万元。 据悉，此次活动，用户需将元宝App更新到最新的2.55.0 以上版本，点击主页的预约卡片即可进入春节 会场 ...

据透露，元宝即将上线全新玩法，已开启内测邀约，官方公布的产品界面图中已悄然新增一个名 为"派"的底tab入口。 活动设置了万元小马卡、现金红包和分享红包等红包形态，用户每天上元宝App都能领现金红包，通过 做任务可抽更多红包，并有几率抽中限量100张的价值1万元现金小马卡。分享红包支持转发给微信、 QQ好友和社群，让元宝出钱、好友拆红包。 北京商报讯（记者 魏蔚）1月25日，腾讯宣布，将在2月1日上线春节活动，用户上元宝App分10亿现金 红包，单个红包金额可达万元。1月25日，元宝App更新到最新的2.55.0 以上版本，点击主页的预约卡片 即可进入春节会场预约页面，提前预约的用户将在2月1日活动开启当天，额外获得10次抽奖次数。 ...

[Table_Page] 投资策略|专题报告 2026 年 1 月 25 日 证券研究报告 [Table_Title] 公募基金四季报是否会影响我们对 市场和板块的判断？ ——公募基金 25 年 Q4 配置分析 [Table_Summary] 报告摘要： | [分析师： Table_Author]刘晨明 | | --- | | SAC 执证号：S0260524020001 | | SFC CE No. BVH021 | | 010-59136616 | | liuchenming@gf.com.cn | | 分析师： 郑恺 | | SAC 执证号：S0260515090004 | | SFC CE No. BUU989 | | 021-38003559 | | zhengkai@gf.com.cn | | 分析师： 杨清源 | | SAC 执证号：S0260525080001 | | yangqingyuan@gf.com.cn | | 请注意，杨清源并非香港证券及期货事务监察委员会的注 | | 册持牌人，不可在香港从事受监管活动。 | [联系人： Table_Contac毕露露 ts] 1860044269 ...

1月25日，腾讯官方发布《关于春节分10亿现金的通知》：将在2月1日上线春节活动，用户上元宝App 分10亿现金红包，单个红包金额可达万元。1月25日，元宝App更新到最新的2.55.0 以上版本，点击主页 的预约卡片即可进入春节会场预约页面，提前预约的用户将在2月1日活动开启当天，额外获得10次抽奖 次数。 (本文来自第一财经) ...

Core Viewpoint - Tencent is launching a Spring Festival activity on February 1, distributing a total of 1 billion yuan in cash red envelopes through the Yuanbao App, with individual red envelopes worth up to 10,000 yuan [1][3]. Group 1: Activity Details - The Yuanbao App has been updated to version 2.55.0, allowing users to access the Spring Festival event reservation page by clicking on the homepage card [1][3]. - Users who make a reservation in advance will receive an additional 10 lottery chances on the day the event starts [1][3]. - The activity includes various forms of red envelopes such as the 10,000 yuan "Little Horse Card," cash red envelopes, and shareable red envelopes [1][3]. Group 2: User Engagement - Users can claim cash red envelopes daily on the Yuanbao App and can earn more by completing tasks, with a chance to win one of the limited 100 "Little Horse Cards" valued at 10,000 yuan [1][3]. - The shareable red envelopes can be forwarded to friends on WeChat, QQ, and social groups, allowing users to share the cash rewards [1][3]. Group 3: Future Developments - Behind the 1 billion yuan cash distribution, Tencent is reportedly preparing a new AI feature for the Yuanbao App, with internal testing already underway [1][3]. - A new tab labeled "Distribute" has been quietly added to the product interface, indicating upcoming functionalities [1][3].

Investment Rating - The report indicates a positive investment outlook for the industry, highlighting a "golden window period" for the short drama sector, with expectations for significant growth in the coming years [2][11]. Core Insights - The short drama industry has reached a scale of nearly 1 trillion yuan, surpassing both the film and long video sectors, with a projected compound annual growth rate (CAGR) of over 50% from 2023 to 2026 [11]. - The market for animated dramas is expected to exceed 22 billion yuan by 2026, contributing 50% of the incremental growth in the short drama industry [11]. - ByteDance is positioned as the absolute leader in the animated drama sector, leveraging its "traffic + IP + AI" integrated strategy to dominate the market [2][17]. - The application of AI technology is transforming the production paradigm of animated dramas, reducing production cycles from over 50 days to under 30 days and significantly lowering costs [3][21]. Summary by Sections Section 1: The Golden Window for Short Dramas - The short drama market has surpassed 1 trillion yuan, with user engagement increasing, and the average daily viewing time expected to exceed 100 minutes by 2025 [11]. - The market has entered a phase of rapid growth and commercialization, with significant increases in both supply and demand for animated dramas [11][12]. Section 2: AI Reshaping Production Paradigms - AI technologies are enabling a shift from manual production to industrialized generation, with production costs dropping to the thousand-yuan level [3][21]. - The integration of AI in production processes is expected to streamline workflows, reducing the number of steps from 11 to 5 and cutting costs by 60% [3][24]. Section 3: Trends in AI Applications - The report anticipates a significant uptick in AI applications by 2026, driven by the need for software to leverage substantial computational investments [4][31]. - Companies are increasingly integrating AI into their business models, with some reporting that AI-related revenues account for over 10% of total income [4][31]. Section 4: Related Investment Targets - Key investment targets include companies such as DeCai Co., Zhaochi Co., and Wanxing Technology, among others, which are positioned to benefit from the growth in the animated drama and AI sectors [5][40].

1月24日 本文转自【新闻晨报】； 是QQ秀上线23周年的日子 腾讯正式官宣 QQ秀全新回归！ 根据腾讯公布的消息 此次更新包括 形象创建环节，可以使用AI驱动生成专属形象； 除了倍感欣慰的网友 QQ秀首次进入群聊里和其他好友的形象互动整活。 作为QQ的经典功能，23年前，QQ秀一经推出便受到用户追捧，也代表着中国互联网从单纯的通讯工具 向个性化社交平台的转变。 不过2021年11月，腾讯在PC版QQ的9.5.2版本中，将QQ秀功能从聊天窗口的显眼位置移除，改为"折 叠"状态，用户需通过额外按钮才能访问。这一举措被认为是QQ秀的"时代落幕"。 值得注意的是 QQ在最近一年动作频频 如QQ经典版回归、推出消息新形态Q泡、闪传等。 如今，QQ秀全新回归 QQ头像可以变成动态QQ秀的小人； 也有网友们觉得"味道不对了" "有没有旧版的？" "找不到我的秀了！" @野原Z新之助：企鹅，希望QQ红钻和经典QQ秀也回归吧，小时候最喜欢的就是QQ红钻，喜欢曾经的 回忆。 @爱吃兔子的萝卜干吖：我要qq宠物回归。 @kk111hhh：有没有旧版的？ @张温尔：找不到我的秀了！ 来源 | 新闻坊、橙柿互动·都市快报、腾讯QQ ...

随着公募基金四季报披露收官，贝莱德、富达、路博迈、安联、施罗德、联博等外商独资公募基金的最新持仓也浮出水面。四季报持仓数 据显示，外资公募旗下多只产品均对中国科技赛道进行了重点布局，且在去年以来A股的上涨行情中获取了亮眼的成绩。 展望2026年，外资公募对中国股市普遍持乐观预期，其认为，中国股市尤其是作为新质生产力代表的优质科技资产，正迎来历史性的价值 重估机遇，并有望持续创造超额收益。 从基金四季报来看，上述绩优产品大多对中国科技赛道进行了重点布局。以贝莱德先进制造一年持有混合为例，截至去年四季度末，基金 前十大重仓股囊括了中际旭创、寒武纪、腾讯控股、新易盛等中国科技龙头。 | 序号 | 品种代码 ◆ | 品种简称 ◆ | 持仓数量(股) ◆ | 持仓市值(元) ◆ | 占股票市值比(%) ⇌ 占基金净值比(%) ◇ | | | --- | --- | --- | --- | --- | --- | --- | | 1 | 300750.SZ | 宁德时代 | 33,700.00 | 12,376,662.00 | 11.12 | 9.53 | | വ | 300308.SZ | 中际旭创 | 14.680 ...