11月26日-27日，2025腾讯算法大赛决赛于深圳在腾讯全球总部成功举办。历时5个多月，全球2800+支 队伍围绕"全模态生成式推荐"赛题激烈角逐，进入决赛的20支队伍脱颖而出，参与答辩。 本届腾讯广告算法大赛是中国数据规模最大的全模态生成式推荐算法大赛，以360万的奖金池、腾讯直 通offer机会以及真实广告业务场景的实战机会，吸引全球近30个国家的8400余人报名，海外报名人数创 下历史新高。 最终决出冠军队伍"Echoch"，成员来自华中科技大学、北京大学、中国科学技术大学。亚、季军花 落"leejt"队、"也许明天"队，成员分别来自中山大学和香港大学。前三甲凭借具有创新价值的生成式推 荐算法方案，均获得腾讯的offer意向书及奖金。此外，大赛还特别增设20万元的技术创新奖，授予来自 中国科学院计算技术研究所的队伍"料峭春风吹酒醒"。 大赛以"全模态生成式推荐"为赛题，也是广告AI发展方向。与传统推荐算法不同，该技术能够综合运用 各种不同形式的数据，即全模态，采用生成式算法推荐个性化广告，对于提升广告精准度和优化用户体 验具有重要探索价值。此次赛题数据集将在赛后进一步开源，促进产学技术交流。 这一赛事 ...

（文章来源：每日经济新闻） 每经AI快讯，腾讯混元官微今日宣布，混元3D Studio升级到1.1版本，并接入最新的美术级3D生成大模 型混元3D PolyGen 1.5。游戏美术师、3D设计师和开发者们，可以利用PolyGen 1.5生成更加专业的3D资 产，在游戏开发、动画制作、VR内容等场景中落地。 ...

本文源自：市场资讯 国家知识产权局信息显示，腾讯科技（深圳）有限公司取得一项名为"确定控制策略模型的方法及装置 以及用于控制末端执行器的方法及装置"的专利，授权公告号CN119347753B，申请日期为2024年10月。 作者：情报员 天眼查资料显示，腾讯科技（深圳）有限公司，成立于2000年，位于深圳市，是一家以从事软件和信息 技术服务业为主的企业。企业注册资本200万美元。通过天眼查大数据分析，腾讯科技（深圳）有限公 司共对外投资了15家企业，参与招投标项目274次，财产线索方面有商标信息5000条，专利信息5000 条，此外企业还拥有行政许可574个。 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 ...

Core Insights - The article highlights the increasing importance of stock trading apps in China, with monthly active users surpassing 166 million and a penetration rate of 15.46% [1] - A comprehensive evaluation of the top ten stock trading platforms is provided, focusing on their strengths and weaknesses to guide different types of investors [1] Group 1: Rankings and Scores - The top ten stock trading apps for 2025 are ranked as follows: Sina Finance APP, Tonghuashun, Dongfang Caifu, Xueqiu, Dazhihui, Zhangle Wealth, Tongdaxin, Futu NiuNiu, Tencent Self-Selected Stocks, and Niuguwang [1] - The comprehensive scores for the top three apps are: Sina Finance APP (9.56), Tonghuashun (9.16), and Dongfang Caifu (9.16) [2] Group 2: Key Features of Leading Apps - Sina Finance APP is noted for its extensive market coverage, fast data refresh rates, and advanced AI tools, making it a top choice for professional investors [4] - Tonghuashun is favored for its compatibility with 90% of brokers and user-friendly interface, although it has some limitations in data timeliness for U.S. stocks [5] - Dongfang Caifu is recognized for its comprehensive ecosystem that includes trading, community, and fund management, but it has some issues with data delays and misinformation [6] Group 3: Specialized Platforms - Futu NiuNiu is highlighted as a cross-border investment tool with low fees for Hong Kong stocks, while Xueqiu is known for its value investment community [7] - Dazhihui focuses on high-frequency trading but lacks support for emerging markets, while Tongdaxin is tailored for technical analysis enthusiasts [8] Group 4: Selection Guidance - For all-around performance, Sina Finance APP is recommended; for cross-border investments, Futu NiuNiu is ideal; and for technical analysis, Tongdaxin or Dazhihui are suitable options [9] - The article emphasizes the importance of using multiple tools to leverage their unique advantages for better investment decisions [10]

Group 1: Incident Overview - A major fire occurred in Hong Kong's Tai Po district, resulting in 94 fatalities, including one firefighter, and 76 injuries, with 11 being firefighters [1] - The Hong Kong government established a relief fund with an initial allocation of 300 million HKD to assist affected residents [1] Group 2: Corporate Donations - Alibaba Group announced a donation of 20 million HKD for immediate relief efforts and additional support for affected families [2] - Tencent Charity Foundation pledged a total of 30 million HKD, including an initial 10 million HKD and an additional 20 million HKD to the relief fund [2] - ByteDance (Hong Kong) and Baidu each committed 10 million HKD for emergency relief and community recovery efforts [2] Group 3: Additional Corporate Contributions - Various companies, including NetEase, Xiaomi, and Kuaishou, each donated 10 million HKD to support emergency relief and community recovery [3] - Anta Group and Bosideng Group each contributed 30 million HKD, while Li Ning Group and Xtep Group donated 20 million HKD each for disaster relief [4][5][6] - Other companies like 361°, Chow Tai Fook, and Nongfu Spring also made significant contributions, totaling millions in cash and supplies [7][8] Group 4: Broader Industry Response - Multiple sectors, including automotive, real estate, and finance, participated in the relief efforts, with companies like Chery Automobile and BYD each donating 10 million HKD [9][10] - Financial institutions and logistics companies, such as Didi and SF Express, also pledged substantial amounts for emergency aid and recovery efforts [15]

Core Viewpoint - On November 27, 39 Hong Kong-listed companies conducted share buybacks, totaling 25.97 million shares and an aggregate amount of HKD 810 million [1][2]. Group 1: Buyback Details - Tencent Holdings repurchased 1.036 million shares for HKD 636 million, with a highest price of HKD 620.00 and a lowest price of HKD 609.00, bringing its total buyback amount for the year to HKD 66.05 billion [1][2]. - China Petroleum & Chemical Corporation (Sinopec) repurchased 9.01 million shares for HKD 40.28 million, with a highest price of HKD 4.52 and a lowest price of HKD 4.42, totaling HKD 1.525 billion in buybacks for the year [1][2]. - VITASOY International repurchased 3.952 million shares for HKD 25.93 million, with a highest price of HKD 6.70 and a lowest price of HKD 6.48, accumulating HKD 331 million in buybacks for the year [1][2]. Group 2: Ranking by Buyback Amount - The highest buyback amount on November 27 was from Tencent Holdings at HKD 636 million, followed by Sinopec at HKD 40.28 million, and VITASOY International among the top [1][2]. - In terms of buyback volume, Sinopec led with 9.01 million shares, followed by China Feihe and VITASOY International with 4 million and 3.952 million shares respectively [1][2].

Summary of Key Points Core Viewpoint - A total of 36 companies conducted share buybacks on November 27, 2025, with Tencent Holdings (00700) leading in both the number of shares repurchased and the total amount spent on buybacks. Group 1: Buyback Details - Tencent Holdings (00700) repurchased 1.036 million shares for a total of 636 million, with a year-to-date cumulative buyback of 78.922 million shares, representing 0.859% of its total share capital [2] - China Petroleum & Chemical Corporation (00386) repurchased 9.01 million shares for 40.2765 million, with a cumulative buyback of 202 million shares, accounting for 0.170% of its total share capital [2] - VITASOY International (00345) repurchased 3.952 million shares for 25.9267 million, with a cumulative buyback of 13.93 million shares, representing 1.327% of its total share capital [2] Group 2: Notable Buybacks - China Feihe (06186) repurchased 4 million shares for 16.6763 million, with a cumulative buyback of 187 million shares, accounting for 2.063% of its total share capital [2] - Kwan Hung Holdings (02273) had a significant buyback with 309,100 shares repurchased for 9.2 million, representing 4.114% of its total share capital [2] - Weigao Group (01066) repurchased 420,000 shares for 2.335 million, with a cumulative buyback of 20.4676 million shares, accounting for 4.533% of its total share capital [2] Group 3: Other Companies - MONGOL MINING (00975) repurchased 267,000 shares for 2.6848 million, with a cumulative buyback of 2.145 million shares, representing 0.207% of its total share capital [2] - Mindray Medical (02235) repurchased 35,100 shares for 231,700, with a cumulative buyback of 318,200 shares, accounting for 0.191% of its total share capital [3] - Dingtang Health (09886) repurchased 69,000 shares for 74,400, with a cumulative buyback of 649,000 shares, representing 0.049% of its total share capital [3]

Core Insights - A total of 30 companies conducted share buybacks on November 27, 2025, with Tencent Holdings (00700) leading in both the number of shares repurchased and the total amount spent [1][2]. Group 1: Buyback Details - Tencent Holdings (00700) repurchased 1.036 million shares for a total of 636 million [2]. - Midea Group (00300) repurchased 1.2524 million shares for approximately 99.9944 million [2]. - China Petroleum & Chemical Corporation (00386) repurchased 9.01 million shares for about 40.2765 million [2]. Group 2: Cumulative Buyback Data - Tencent Holdings has a cumulative buyback of 78.922 million shares, representing 0.859% of its total share capital [2]. - China Flying Crane (06186) has a cumulative buyback of 18.7 million shares, accounting for 2.063% of its total share capital [2]. - VITASOY International (00345) has a cumulative buyback of 13.93 million shares, which is 1.327% of its total share capital [2].

Core Insights - The top three companies by Hong Kong Stock Connect holding ratios are China Telecom (72.69%), Gree Power Environmental (69.23%), and Haotian International Construction Investment (68.93%) [1][2] - The companies with the largest increase in holding amounts over the last five trading days are WanGuo Gold Group (+12.079 billion), Alibaba-W (+11.504 billion), and Tencent Holdings (+2.873 billion) [1][2] - The companies with the largest decrease in holding amounts over the last five trading days are SMIC (-1.455 billion), Innovent Biologics (-0.665 billion), and New China Life Insurance (-0.523 billion) [2] Group 1: Hong Kong Stock Connect Holding Ratios - China Telecom (00728) has a holding of 10.09 billion shares, representing 72.69% [1] - Gree Power Environmental (01330) has a holding of 0.28 billion shares, representing 69.23% [1] - Haotian International Construction Investment (01341) has a holding of 7.48 billion shares, representing 68.93% [1] - Other notable companies include China Shenhua (67.29%) and Tianjin Chuangye Environmental Protection (66.32%) [1] Group 2: Recent Increases in Holdings - WanGuo Gold Group (03939) saw an increase of +12.079 billion, with a change of +37.936 million shares [1] - Alibaba-W (09988) increased by +11.504 billion, with a change of +7.638 million shares [1] - Tencent Holdings (00700) increased by +2.873 billion, with a change of +0.469 million shares [1] Group 3: Recent Decreases in Holdings - SMIC (00981) experienced a decrease of -1.455 billion, with a change of -2.128 million shares [2] - Innovent Biologics (01801) decreased by -0.665 billion, with a change of -0.691 million shares [2] - New China Life Insurance (01336) saw a decrease of -0.523 billion, with a change of -1.111 million shares [2]

Summary of Key Points Core Viewpoint - The report highlights the short-selling ratios and amounts for various companies, indicating significant bearish sentiment in the market, particularly for JD Health, Tencent, and Lenovo, which have the highest short-selling ratios. Group 1: Short-Selling Ratios - JD Health-R (86618) has the highest short-selling ratio at 100.00% [1][2] - Tencent Holdings-R (80700) follows closely with a short-selling ratio of 98.01% [1][2] - Lenovo Group-R (80992) has a short-selling ratio of 88.02% [1][2] Group 2: Short-Selling Amounts - Alibaba-SW (09988) leads in short-selling amount with 2.651 billion [2] - Meituan-W (03690) has a short-selling amount of 1.308 billion [2] - Pop Mart (09992) follows with a short-selling amount of 979 million [2] Group 3: Short-Selling Deviation Values - Meilan Airport (00357) has the highest deviation value at 42.95% [1][2] - GF Securities (01776) has a deviation value of 38.39% [1][2] - The unnamed company has a deviation value of 36.78% [1][2]