近日，外媒Mobilegamer.biz发布了2025年12月的全球手游收入榜。（注：数据来源AppMagic，统计范围不包 括第三方安卓渠道、网页商店及广告收入，且已扣除平台分成） 具体来看，2025年最后一个月，《LastWar》以显著优势登顶本期全球手游畅销榜，大幅领先于第二名的 《Roblox》。这是该游戏第五次单月营收突破1.41亿美元大关，12月最大消费市场来自美国（约6200万美 元），其次是日本（约3000万美元），韩国以约900万美元位居第三。 对于Funfly的这款热门4X策略手游来说，12月是个好月份——2024年12月，该游戏曾创下1.52亿美元的历史 最高单月营收纪录。 《Roblox》在12月的营收同样可观，但未能重现今年夏季围绕"Steal A Brainrot"与"Grow A Garden"两大玩法 引发的全民热潮。 通常在学校假期会出现的营收暴涨现象并没有如期上演，其营收较11月及去年同期均略有增长——2025年12 月，该游戏营收约1.19亿美元，较2024年同期单月营收增长约800万美元。 Scopely的《Monopoly Go》在11月和12月的营收均出现明显下滑， ...

智通财经APP获悉，石四药集团(02005)、方正控股(00418)、天福(06868)、永升服务(01995)、VITASOY INT'L(00345)、天润云(02167)、绿城服务(02869)、亲亲食品(01583)、信利国际(00732)、天安卓健 (00383)、舜宇光学科技(02382)、吉利汽车(00175)、同方友友(01868)、心玮医疗-B(06609)、捷利交易宝 (08017)、威高股份(01066)、津上机床中国(01651)、碧桂园服务(06098)、宝胜国际(03813)、腾讯控股 (00700)、易点云(02416)、天伦燃气(01600)、名创优品(09896)、枫叶教育(01317)、小米集团- W(01810)、美丽田园医疗健康(02373)、绿茶集团(06831)、HYPEBEAST(00150)、美亨实业(01897)、多 点数智(02586)、巨子生物(02367)、思派健康(00314)、九毛九(09922)、KEEP(03650)、手回集团 (02621)、连连数字(02598)、汇通达网络(09878)、迈富时(02556)、叮当健康(09886)、家乡互动 ...

以下文章来源于伯乐在线 ，作者伯小乐 伯乐在线 . 伯乐在线分享IT互联网职场和精选干货文章（原域名已不再维护）。组织维护10万+star的开源技术资源 库，包括：Python, Java, C/C++, Go, JS, CSS, Node.js, PHP, .NET 等 谈到热门的自主学习技术，他透露 2025 年就有团队在尝试用实时数据训练，但效果一般。核心问题不是技术 不行，而是 "自主学习的瓶颈是想象力缺失" ，大家不知道它落地后该做什么具体事，得先明确比如盈利交易 系统、科学难题工具这类目标才行。 对于产业落地，姚顺雨建议大公司要靠自己的场景拿真实数据，别再依赖外部标注。同时强调，" 现在人与人 的差距，关键在会不会用 AI 工具 "，中国得好好普及这方面教育。他还预测，To B 领域的 Agent 技术会快速 增长，要是能实现全球企业部署，可能让 GDP 多涨 5%-10%。 最后他提到，中国 AI 团队有望全球领先，但得突破算力、To B 市场成熟度和创新文化这三个关键点。 （参考：网易新闻、 21 世经，本文经由 AI 大模型优化） 2026 年 1 月 10 日，前 OpenAI 核心研究员 ...

| 股票名称 | 沽空金额↓ | 沽空比率 | | 偏离值 | | --- | --- | --- | --- | --- | | 美团-W(03690) | 15.54 亿元 | 21.96% | 4.92% | | | 阿里巴巴-W(09988) | 14.40 亿元 | 8.47% | -6.76% | | | 腾讯控股(00700) | 12.53 亿元 | 11.49% | 0.80% | | | 中国平安(02318) | 10.67 亿元 | 31.14% | 3.29% | | | 百度集团-SW(09888) | 6.38 亿元 | 31.55% | 3.08% | | | 联想集团(00992) | 6.08 亿元 | 40.42% | 11.00% | | | 中国石油化工股份 (00386) | 5.62 亿元 | 27.88% | 2.19% | | | 快手-W(01024) | 5.46 亿元 | 18.47% | 3.10% | | | 友邦保险(01299) | 5.23 亿元 | 32.73% | 11.86% | | | 建设银行(00939) | 5.08 亿元 | 3 ...

Core Viewpoint - Tencent is undergoing a significant transformation in its AI strategy, appointing 27-year-old Yao Shunyu, a former core researcher at OpenAI, to lead its AI initiatives, signaling a serious commitment to revitalizing its struggling AI business [2][4]. Group 1: AI Business Challenges - Tencent's AI division has been characterized by inefficiencies, with each business unit independently investing over 2 billion yuan annually in R&D without effective collaboration, leading to resource wastage [4][5]. - The company has faced difficulties in monetizing its AI products, with the AI product "Yuanbao" struggling to retain users, as it primarily showcases technical capabilities rather than solving real problems [7][14]. - Despite having a large user base and numerous business scenarios, Tencent's AI efforts have been hindered by internal coordination issues and a lack of unified standards for AI agents [9][10]. Group 2: Strategic Changes and Innovations - Yao Shunyu's appointment is seen as a strategic move to break down departmental silos and establish a cohesive AI framework, creating new departments to enhance collaboration and efficiency [5][16]. - The new AI model architecture led by Yao has shown early signs of success, with the "Hunyuan" model being integrated into over 900 business scenarios, significantly improving operational efficiency [5][8]. - Tencent's focus has shifted from merely achieving high rankings in AI benchmarks to developing commercially viable solutions, as evidenced by improvements in product design and user engagement metrics [8][15]. Group 3: Financial Performance and Investment - Tencent's third-quarter financial report indicates a strong emphasis on AI, with R&D expenditures rising to approximately 22.82 billion yuan, reflecting a 27.57% year-over-year increase [15]. - The company's revenue from marketing services grew by 21% year-over-year, highlighting the potential for AI to contribute to revenue growth despite current challenges [13]. - By the end of 2025, Tencent aims to increase the revenue share from its AI-related businesses from 3% to 5%, transitioning from a cost center to a revenue-generating engine [8][14].

前10大资金净流入榜 | 股票名称 | 净流入(元)↓ | 净流入比 | 收盘价 | | --- | --- | --- | --- | | 腾讯控股(00700) | 19.53 亿 | 14.71% | 624.500（-1.26%） | | 小米集团-W(01810) | 16.34 亿 | 22.31% | 38.160（-1.55%） | | 盈富基金(02800) | 15.68 亿 | 11.46% | 26.660（-0.82%） | | 南方恒生科技(03033) | 9.38 亿 | 12.52% | 5.625（-1.32%） | | 恒生中国企业(02828) | 8.57 亿 | 8.28% | 93.700（-1.01%） | | 比亚迪股份(01211) | 4.93 亿 | 13.30% | 95.300（-3.93%） | | 美团-W(03690) | 4.02 亿 | 8.80% | 104.500（-1.51%） | | 中国人寿(02628) | 3.82 亿 | 11.86% | 31.820（+2.32%） | | 石药集团(01093) | 3.81 亿 | 2 ...

Group 1 - TSMC is progressing well with the development of its next-generation 1.4nm process, planning to start risk production in 2027 and gradually ramp up production in 2028. The company expects sales to reach NT$335 billion in December 2025, a year-on-year increase of 20.4%, slightly exceeding market expectations. Cumulative sales for 2025 are projected at NT$3.81 trillion, reflecting a year-on-year growth of 31.6% [2] - OpenAI is advancing audio AI technology and plans to release a more natural real-time voice model in 2026, aiming to replace screen interactions with voice. The company is also investing $1 billion with SoftBank Group in SB Energy to support its growth as a data center developer and operator [2] - Meta has reached agreements with nuclear power suppliers Oklo, Vistra, and TerraPower to potentially acquire up to 6.6 GW of nuclear power capacity by 2035, positioning itself as the largest nuclear energy buyer among tech giants to support its data center operations [2] - Merck is reportedly in talks to acquire cancer drug developer Revolution Medicines for between $28 billion and $32 billion, which would mark a significant transaction in the recent biotech merger wave and enhance its oncology product line [2] Group 2 - Geely Holding is likely to announce an expansion plan in the U.S. within the next 24 to 36 months, with brands like Zeekr and Lynk & Co potentially suitable for the U.S. market, aiming to accelerate its global layout and expand into high-end overseas markets [5] - BAIC New Energy has launched a pilot operation for the Arcfox Alpha S (L3 version) in collaboration with Beijing Mobility, with the first batch of vehicles expected to enter designated areas by Q2 2026, promoting the commercialization of autonomous driving technology [5] - China Resources Microelectronics has signed a strategic cooperation agreement with TCL Industries and Zhonghuan Lianxing, focusing on power devices, smart power modules, and MCUs to enhance competitiveness in the semiconductor supply chain [5] - Tencent's Chief AI Scientist stated that the company has a strong 2C gene and faces challenges in the 2B market in China, indicating a future exploration of differentiated development paths for 2B business [5] - Stone Technology has received approval from the CSRC for its Hong Kong IPO, planning to issue no more than 33.108 million shares, which will further expand its financing channels [6] Group 3 - Samsung Electronics' Galaxy S26 Ultra model will support eSIM and is expected to be released next month, while major tech companies like Google, Microsoft, and Meta are seeking memory supply support from Samsung and SK Hynix due to global memory shortages [11] - Toyota remains the top-selling car brand in Indonesia for 2025, while Tesla has surpassed Toyota in global market capitalization, reflecting ongoing market optimism for the electric vehicle sector and increasing pressure on traditional automakers [11] - Sumitomo Metal Mining is investing in a nickel wet processing plant in Indonesia to build a stable resource supply network, with Japan's nickel metal production expected to reach 106,000 tons by 2025 [11] - BMW Group expects global sales of 2.464 million units in 2025, a slight increase of 0.5% year-on-year, with a 12.5% decline in the Chinese market, while European and U.S. markets show growth of 7.3% and 5.0%, respectively [13] - LVMH is reportedly collaborating with Chinese beauty brand Mao Geping, although specific details of the partnership have not been disclosed, indicating its expansion in the beauty sector [13]

Group 1 - The core viewpoint of the article highlights the recent public statement by Yao Shunyu, Tencent's newly appointed Chief AI Scientist, regarding the company's focus on AI model and product development, as well as observations on the differentiation trends within the AI industry [1] - Tencent is characterized as a company with a strong B2C gene, emphasizing the importance of providing more value to users through AI in various scenarios [1] - Yao Shunyu officially joined Tencent in December 2025, taking on the role of Chief AI Scientist and leading the AI Infra and large language model departments, reporting to the company's president and the president of the technology engineering business group [1] Group 2 - Yao Shunyu is recognized as a leading figure in the AI field, particularly in the area of large model "agents," having proposed the well-known ReAct framework and the "Tree of Thoughts" theory, which are foundational to modern large model reasoning and action coordination [1] - The team at Tencent is also considering how to effectively serve its own needs in the B2B space, noting that large companies have advantages over startups in terms of established scenarios and ecosystems [1]

证券研究报告 传媒 行业定期报告 hyzqdatemark 2026 年 01 月 11 日 证券分析师 陈良栋 SAC：S1350524100003 chenliangdong@huayuanstock.com 陈逸凡 SAC：S1350525040003 chenyifan@huayuanstock.com 周政宇 SAC：S1350525050006 zhouzhengyu@huayuanstock.com 许孟婕 SAC：S1350525120004 xumengjie@huayuanstock.com 魏桢 weizhen@huayuanstock.com 板块表现： AI 应用仍是核心，重视 AI 营销 GEO 模式 投资评级： 看好（维持） ——传媒互联网行业周报（2026.1.5-2026.1.11） 投资要点： 电影/电视剧方向：《飞驰人生 3》正式定档 2026 年春节，或将随着春节档演绎。 我们建议关注相关电影出品/发行方以及院线公司：包括中国电影、猫眼娱乐、大麦 娱乐、上海电影、幸福蓝海、横店影视、金逸影视等。同时，电视剧行业方面，国 家广播电视总局印发实施《进一步丰富电视大屏内容 促 ...

新任腾讯CEO/总裁办公室首席AI科学家姚顺雨1月10日首次公开露面，以嘉宾身份出席清华大学北京重点实验室主办的AGI-Next前沿峰会，姚顺雨此前曾 任OpenAI研究员。他表示，在OpenAI之前，他在一个公司实习过，这是一个toB的公司，他觉得在toB公司工作过有很多收获，最大的收获是即使今天的 模型不再变好，所有的模型训练全部停止了。但是我们把这些模型部署到世界上各种各样的公司，已经能带来今天10倍或者100倍的收益，能应对GDP产 生5%-10%的影响，但是今天它对GDP的影响还不到1%。 另外他觉得教育非常重要，他观察现在人和人的差距非常大，更多时候不是说人类替代了人类工作，而是会使用这些工具的人在替代那些不会使用工具的 人，就像当年电脑出来，如果转身学习编程跟你还在持续计算尺、使用算法，差距是巨大的。今天中国能做到的最大的有意义的事情是更好的教育，教育 大家怎么更好的使用像Claude或者ChatGPT这样的产品，在国内我们可以用Kimi或者智谱这样的国产模型。 深圳最新引入的天才少年顶尖科学家 姚顺雨入职腾讯后首次公开发声！ 1月10日，在由清华大学基础模型北京市重点实验室、智谱AI发起的AG ...