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： 2025年12月4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）變動 | | 庫存股份變動 | | ...

Market Overview - The Hang Seng Index increased by 175.17 points, or 0.68%, closing at 25,935.9 points with a total turnover of HKD 179.306 billion [1] - The National Enterprises Index rose by 77.93 points, or 0.86%, closing at 9,106.48 points [1] - The Hang Seng Tech Index gained 80.51 points, or 1.45%, closing at 5,615.43 points [1] Blue-Chip Stocks - Tencent Holdings rose by 0.16%, closing at HKD 612 [1] - Hong Kong Exchanges and Clearing increased by 0.54%, closing at HKD 406.4 [1] - China Mobile saw a rise of 0.17%, closing at HKD 87 [1] - HSBC Holdings increased by 0.27%, closing at HKD 111.5 [1] Local Hong Kong Stocks - Cheung Kong Holdings increased by 0.3%, closing at HKD 40.7 [1] - Sun Hung Kai Properties decreased by 0.2%, closing at HKD 98.65 [1] - Henderson Land Development rose by 0.62%, closing at HKD 29.34 [1] Chinese Financial Stocks - Bank of China increased by 0.67%, closing at HKD 4.51 [1] - China Construction Bank rose by 1.02%, closing at HKD 7.92 [1] - Industrial and Commercial Bank of China increased by 0.91%, closing at HKD 6.22 [1] - Ping An Insurance rose by 0.44%, closing at HKD 56.65 [1] - China Life Insurance increased by 1.67%, closing at HKD 26.76 [1] Oil and Petrochemical Stocks - China Petroleum & Chemical Corporation decreased by 0.22%, closing at HKD 4.5 [1] - China National Petroleum Corporation rose by 0.23%, closing at HKD 8.8 [1] - CNOOC Limited increased by 0.92%, closing at HKD 21.9 [1]

12月3日，2025可持续社会价值创新大会(以下简称"S大会")举办，此次S大会由联合国驻华协调员办公 室(UNRCO)、中国企业改革与发展研究会、清华大学可持续社会价值研究院、腾讯可持续社会价值事 业部(SSV)共同主办。今年S大会以"解法"为主题，旨在人工智能技术深刻重塑社会的当下，探索科技助 力可持续发展的可行路径。 清华大学校务委员会副主任、清华大学可持续社会价值研究院院长杨斌在主旨发言中指出，面对AI等 技术快速发展引发的"技能过时"挑战，企业应发挥其在技术、场景与资源方面的优势，主动推进社会性 的"技能再造"，这既是民众所需、政府所望，也是企业贡献社会价值、助力平稳转型的关键路径。腾讯 公司高级副总裁、首席人才官奚丹也表示："人工智能让我们更强大，但需要人文价值作出校正，以人 的价值为本、以服务社会为目标。我们应该对此保持清醒。" 本届S大会专门设置"社会创新"板块，通过"生态"与"影响力投资"两场平行论坛，推动各方探讨AI时代 下社会价值创新的生态化路径。 北京师范大学教授、中国公益研究院创始院长王振耀在大会现场指出，全球经济正在经历工业革命以来 的重大结构转型，"善经济"也已进入了高质量发展的 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | | | FF301 第 1 頁 共 10 頁 v 1.1.1 致：香港交易及結算所有限公司 公司名稱: 騰訊控股有限公司 呈交日期: 2025年12月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00700 | | 說明 | | | | | | | | | 多櫃檯證券代號 | 80700 | RMB | 說明 | | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | | 50,000,000,000 | HKD | | 0.00002 | HKD | | 1,000,000 | | 增加 / 減少 (-) | | | | | | | | HKD | | | | 本月底 ...

港股通周三净流入 23 亿港元，其中小米集团(01810.HK)净流入最多，达 8.7 亿港元，其次是阿里巴巴 (09988.HK)。另一方面，腾讯控股(00700.HK)录得最大净流出，达 7.3 亿港元，其次是中芯国际 (00981.HK)。 来源：凯基证券 大市点评 周三美股开盘之前，薪资处理机构 ADP 报告称，11 月私营部门就业人数意外减少3.2 万人，而经济学 家此前预计当月为增加 4 万人。这份数据表现不佳，显示劳动力市场萎缩，使交易员增大了美联储在下 周货币政策会议上降息的预期。根据 CME FedWatch 工具，市场目前预计美联储在下週三降息的可能性 为 89%，远高于11月中旬时预测的几率。投资者预期较低的利率环境将刺激贷款增长并给美国经济带 来提振，这推动金融股股价週三走高。 ...

文｜王毓婵 今年三季度，腾讯广告以21%的收入增速，达到了过去六个季度以来的新高峰，所有主要行业的广告主 投放均有所增长。 有此成绩，除了因为广告加载率的提高，还因为 AI 驱动的广告定向所带动的 eCPM 增长。财报中特别 提到了"腾讯广告AIM+"智能投放产品矩阵——它支持广告主自动配置定向、出价及版位，并优化广告 创意，从而提升他们的营销投入回报。 腾讯方面表示，通过AIM+，广告主每花掉一万元的广告投放费用，对应在广告平台上所需的操作次数 下降了80%，在创意环节上的操作次数减少了47%。 作为AI"军备竞赛"中的强势选手，腾讯已经为AI豪掷了大量资本支出——2024年，腾讯的总资本支出同 比增长了221%，2025年全年，这项支出还会更高。而目前，AI带来的"回头钱"，其中一个体现就在腾 讯广告业务上。 AI之烧钱，除了在于需要储备大量算力资源外，还体现在人才竞逐上。脉脉发布的《2025年AI人才流 动报告》显示，2025年1-7月，AI新发岗位量同比增长超10倍，简历投递量也暴涨了11倍。"算法"相关 人才持续紧缺，其中"搜索算法"人才紧缺度最高，5岗争2人。非技术岗数量同比增长7.7倍。 在脉脉 ...

Group 1 - The Hong Kong stock market opened slightly higher on December 4, with the Hang Seng Index rising by 0.17% and the Hang Seng Biotechnology Index increasing by over 1% [1] - The Hong Kong Stock Connect Technology ETF (513860) saw a gain of 0.14%, with notable increases in constituent stocks such as Kingsoft Biotechnology and CanSino Biologics, both rising nearly 4% [1] - As of December 3, the Hong Kong Stock Connect Technology ETF (513860) attracted a total of 410 million yuan over the past nine trading days, with a net inflow of 74.36 million yuan on December 2 [1] Group 2 - Guosen Securities emphasizes that AI will remain a key focus through 2026, driven by the need for accelerated domestic hardware production and the expectation of more AI applications being implemented [2] - The Hong Kong Stock Connect Technology ETF (513860) closely tracks the CSI Hong Kong Stock Connect Technology Index, which selects 50 large-cap, high R&D investment, and fast-growing technology companies as sample stocks [2] - The top ten weighted stocks in the index include major players such as Alibaba-W, Tencent Holdings, SMIC, BYD Company, and Xiaomi Group-W [2]

Summary of Key Points Core Viewpoint - On December 3, 51 Hong Kong-listed companies conducted share buybacks, totaling 38.98 million shares and an aggregate amount of HKD 1.152 billion [1]. Group 1: Buyback Details - Tencent Holdings repurchased 1.04 million shares for HKD 636.25 million, with a highest price of HKD 616.00 and a lowest price of HKD 609.00, bringing its total buyback amount for the year to HKD 68.593 billion [1][2]. - Xiaomi Group-W repurchased 7.50 million shares for HKD 302.18 million, with a highest price of HKD 40.36 and a lowest price of HKD 40.14, totaling HKD 3.843 billion for the year [1][2]. - China COSCO Shipping repurchased 3.00 million shares for HKD 41.37 million, with a highest price of HKD 13.86 and a lowest price of HKD 13.72, totaling HKD 6.030 billion for the year [1][2]. Group 2: Buyback Rankings - The highest buyback amount on December 3 was from Tencent Holdings at HKD 636.25 million, followed by Xiaomi Group-W at HKD 302.18 million [1][2]. - In terms of share quantity, Xiaomi Group-W led with 7.50 million shares repurchased, followed by Fenbi and China Feihe with 4.53 million and 4.00 million shares, respectively [1][2]. Group 3: Additional Buyback Information - The buyback by Tongdao Recruitment on this date marked its first buyback of the year, while Tencent Holdings has conducted multiple buybacks throughout the year [2].

Core Points - The Beanbag Phone Assistant has been reported to forcibly log users out of WeChat due to security measures, with the service now ceasing WeChat operations [1] - Multiple third-party apps, including Taobao and various banking applications, have faced similar restrictions, indicating a broader trend of privacy concerns regarding AI phone assistants [1] - Beanbag Phone Assistant claims it does not engage in any hacking activities and requires user authorization to access permissions [2] - The product is currently in a "technical preview" phase, aimed at industry and AI technology enthusiasts rather than general consumers [2] Group 1 - Users reported being logged out of WeChat while using the Beanbag Phone Assistant, which has now discontinued WeChat functionality [1] - WeChat representatives indicated that the account restrictions are part of existing security measures and that affected accounts will be automatically unblocked over time [1] - Other mobile manufacturers' AI assistants have also encountered app restrictions, highlighting a growing concern over privacy and security in the use of AI technology [1] Group 2 - The Beanbag Phone Assistant issued a statement denying any privacy violations and clarified that it does not perform unauthorized actions on behalf of users [2] - The assistant is described as a "technical preview version," suggesting it is still in development and not intended for the average consumer [2]

Core Insights - The recent large-scale events hosted by iQIYI and WeTV in Bangkok signify a strategic expansion into Southeast Asia, particularly Thailand, which is seen as a new growth opportunity for Chinese streaming platforms [1][3][4] Group 1: Market Dynamics - The Southeast Asian streaming market is projected to grow to $6.8 billion by 2030, with Thailand's entertainment industry expected to surpass 600 billion Thai Baht by 2025, indicating a robust demand for digital content [3][4] - Chinese platforms have captured approximately 40% of the Thai market, surpassing American platforms like Netflix, which hold about 30% [3][4] - The local content production capabilities and pricing strategies of Chinese platforms align well with the preferences of Thai consumers, creating a favorable environment for growth [4][9] Group 2: Content Strategy - iQIYI plans to double its exclusive Thai drama offerings in 2026 and aims to establish Thailand as its "second content production center" [11] - WeTV reported a 54% year-on-year increase in VIP subscriptions, with Chinese content making up over 50% of its paid subscriptions, indicating a successful integration of local and Chinese content [11][22] - The focus on genres like BL/GL and variety shows, which resonate well with Thai audiences, showcases the adaptability of Chinese platforms to local tastes [4][21][36] Group 3: Competitive Landscape - Netflix's approach in Thailand has been characterized by a lack of deep investment in local content, which has allowed Chinese platforms to gain a competitive edge [8][16] - The collaboration between Chinese platforms and Thai production companies is evolving into a "co-creation growth model," contrasting with Netflix's more transactional approach [26][36] - The rapid adaptation of Chinese platforms to local market demands positions them to potentially reshape the streaming landscape in Southeast Asia over the next few years [36]