| | | B. 贖回/購回股份 (擬註銷但截至期終結存日期尚未註銷) (註5及6) | | | | | | --- | --- | --- | --- | --- | --- | --- | | 1). | 已購回作註銷但尚未註銷的股份 | | 1,035,000 | 0.01135 % | HKD | 614.0832 | | | 變動日期 | 2025年12月22日 | | | | | | 2). | | 已購回作註銷但尚未註銷的股份 | 1,051,000 | 0.01152 % | HKD | 604.9789 | | | 變動日期 | 2025年12月23日 | | | | | | 3). | | 已購回作註銷但尚未註銷的股份 | 1,056,000 | 0.01158 % | HKD | 601.8386 | | | 變動日期 | 2025年12月24日 | | | | | | 4). | | 已購回作註銷但尚未註銷的股份 | 1,057,000 | 0.01159 % | HKD | 601.3596 | | | 變動日期 | 2025年12月29日 | | | | | | 5). | | 已 ...

2025 年也是更多中国电竞项目走向世界的"元年"，虽然论成绩差强人意，几大热门项目的国际对抗铩羽而归，赛事落地继续在国内外践行下沉之道，行 业里许多公司和IP定位也在不停转换，从领头人切换到服务商。但电竞以及与电竞有关的一切，都在探索更多潜在价值。 围绕泛二次元的消费迎来转折"元年"，传统兴趣消费衰退，二手市场交易价值两极化，情绪消费市场下沉，IP+授权业务猛增，未来的二次元消费正深入 生活的方方面面。 站在2026年的开年，我们对今年怀有更为复杂的情绪，焦虑、迷茫，更有期待与笃定。在更多文章之前，我们先立足国内市场，从2025年ACGN行业全球 范围内发生的大事件中遴选100件，与各位同行者一起，回溯2025年的发展轨迹，探索2026年的新机遇。 （注：以下排名不分先后，尽量按照时间顺序整理） 「 一月&二月 」 如果用一个词形容ACGN领域的2025，那大概率是"元年"。 这一年我们迎来了很多真正意义上产业巨变的开端。中国动画电影"元年"毋庸置疑，春节档《哪吒之魔童闹海》用150亿票房击穿质疑，暑期档《浪浪山 小妖怪》刷新2D动画票房记录，大银幕动画成为兼具口碑与商业价值的长内容香饽饽。中国动画剧集也在 ...

港股科网股午后持续走强，快手(01024.HK)涨近7%，美团(03690.HK)涨超6%，百度(09888.HK)、阿里 巴巴(09988.HK)涨超5%，网易-S(09999.HK)、腾讯控股(00700.HK)等跟涨。 本文源自：金融界AI电报 ...

Core Insights - The latest "Top 500 Listed Companies in China" list for 2025 showcases leading enterprises in finance, energy, technology, consumption, and intelligent manufacturing, with major players like Tencent and ICBC demonstrating their industry leadership through trillion-level market capitalizations [1][10] - The presence of companies like Industrial Fulian, SMIC, and Cambricon in the rankings reflects the deep structural transformation of China's economy, indicating these firms are both stabilizers and pioneers in industrial upgrades [1][10] Group 1: Market Capitalization Rankings - The companies ranked from 21 to 30 include Sinopec (700.7 billion), Zhongji Xuchuang (677.8 billion), Yangtze Power (665.3 billion), Postal Savings Bank (641.7 billion), SMIC (632.9 billion), NetEase (614.0 billion), Midea Group (592.9 billion), Bank of Communications (590.8 billion), Cambricon (571.6 billion), and Meituan (570.2 billion) [3][10] Group 2: Economic Structural Transformation - The success of these companies is attributed to multiple factors, including industry scarcity, technological barriers, and stable business models, which create competitive advantages [4][11] - Companies like Zhongji Xuchuang and SMIC exemplify the dual drivers of technological innovation and market opportunities, with Zhongji Xuchuang capitalizing on the AI infrastructure wave [4][11] Group 3: Challenges and Opportunities - Companies face the challenge of transitioning from scale advantages to quality advantages, with risks related to technological iteration and high valuation sustainability [6][12] - The need for technological independence and improved profitability models is highlighted, particularly for firms like Zhongji Xuchuang and Cambricon, which must navigate rapid technological changes [6][12] Group 4: Future Trends - Future market leaders are expected to emerge from sectors such as high-end manufacturing, green energy, and innovative pharmaceuticals, with a focus on hard technology like semiconductors and AI [8][9] - The anticipated market structure will feature a three-tier system, with traditional giants at the base, tech newcomers leading, and niche champions filling in [8][9] Group 5: Investment Opportunities - The average market capitalization of the top 500 companies reached 185.6 billion, reflecting a significant increase, particularly in information technology, finance, and consumer discretionary sectors [23] - Companies are expected to enhance their value and market capitalization through innovation, digital transformation, and sustainable practices, aligning with national policies and market demands [21][24]

21世纪经济报道 吴立洋 新年过后，来看第一周有哪些值得关注的游戏产业资讯。 行业动态方面，2025年12月中国手游发行商全球收入榜发布，腾讯、世纪华通旗下点点互动分列前二； 海外研究机构Quantic Foundry发布了一份调查报告，结果显示85.4%玩家对游戏中生成式AI持负面态 度；韩国媒体报道称，韩国政府或在今年请求中国扩大对韩国游戏的版号发放；腾讯发布微信小游戏激 励新政。 国内公司方面，前网易互娱梦幻事业部负责人林云枫（小白）宣布离职；金山世游《鹅鸭杀》正式上线 公测；世纪华通完成2026年首次股份回购。 海外方面，任天堂发布Switch 2首份年度榜单，《马里奥赛车 世界》登顶；育碧关闭哈利法克斯工作 室；微软高管否认大规模裁员。 电竞方面，第七届决胜巅峰世界总决赛开幕；豪门战队RNG、FPX确认退出LPL联赛。 2025年12月中国手游发行商收入榜发布 近日，Sensor Tower 发布了2025年12月中国手游发行商全球收入排行榜。报告显示，世纪华通旗下点点 互动凭借《Whiteout Survival（无尽冬日）》《Kingshot》的强势表现以及《Tasty Travels: Mer ...

Market Overview - The Hong Kong stock market indices opened higher, with the Hang Seng Index rising by 0.86% to 26,456.75 points, the Hang Seng Tech Index increasing by 2.08%, and the National Enterprises Index up by 1.08% [2][11]. AI Sector - AI concept stocks showed strong performance, with Zhihui rising over 31%. This surge is seen as a sign that domestic AI large model companies are transitioning from the research phase to a stage where technology and commercialization are aligning, providing a basis for future financing and valuation [4][13]. - According to Frost & Sullivan, the market size for China's large language models is projected to reach 5.3 billion yuan in 2024 and grow to 101.1 billion yuan by 2030, with a compound annual growth rate of 63.5% from 2024 to 2030 [4][13]. Entertainment Sector - The film sector saw significant gains, with Damai Entertainment increasing by over 6%. As of January 9, 2026, the total box office (including pre-sales) surpassed 1 billion yuan. Despite expectations that the 2026 Spring Festival box office may not reach the levels of 2025, the presence of popular directors and actors is expected to ensure a solid performance [5][14]. Commercial Aerospace Sector - The commercial aerospace sector continued to rise, with Asia Pacific Satellite increasing by 13%. Recent breakthroughs in China's reusable rocket technology are seen as a significant advancement, positioning the country closer to achieving low-cost and high-reusability in aerospace. This development is expected to benefit related industries such as aerospace manufacturing and satellite applications [6][15]. New Listings - Haowei Group debuted with a first-day increase of over 15%. The public offering was oversubscribed by 9.28 times, with 4.58 million shares allocated, representing about 10% of the total shares offered. The international placement was also oversubscribed by 9.73 times, with 41.22 million shares allocated, accounting for 90% of the total shares [7][17].

略大参考 . 新消费 · 新科技 · 新生活 以下文章来源于略大参考 ，作者杨知潮 来源丨略大参考（ID： hyzibenlu ） 作者丨 杨知潮 图源丨Midjourney 王晶曾说，过去的香港，每个拍电影的都是有"背景"的。因此演员和导演往往身不由己，电影生意的 竞争也往往是背景的竞争。 AI生意越来越有这个意思。 大家都带着背景和资源，这里是谷歌、微软、Meta、字节、腾讯、阿里交锋的修罗场。每一天，抖 音用自己浩如烟海的流量铺天盖地推举豆包。谷歌用全公司的资源，在一系列APP里狂推自己的 Gemini。 这种巨头之力，哪怕优秀如Manus、OpenAI也难以对抗。 2025年11月起，原本落后的谷歌迅速在性能和用户上追赶上了ChatGPT，尤其是在多模态领域，已 经反超OpenAI在各种评测中位居第一。奥特曼直言，谷歌的崛起给OpenAI带来很大的压力。 曾经火遍全球的通用智能体Manus，也放弃了单打独斗，互联网巨头Meta选择将收购Manus。 Kimi、DeepSeek这些红极一时的"当红炸子鸡"早已被豆包、元宝铺天盖地的流量压了下去。 在这个拼爹的世界里，似乎只有超级巨头才有上桌的资格。 以小 ...

以下文章来源于新皮层NewNewThing ，作者陆彦君、吴洋洋 新皮层NewNewThing . 关注AI，提供洞察。 2026.01. 12 本文字数：7212，阅读时长大约12分钟 作者 | 新皮层NewNewThing 陆彦君 吴洋洋 2025年11月下旬，大学毕业生林枫在深圳参加了腾讯青云计划闭门会。活动采取定向邀请制，为期 两天，会议内容除了邮轮观光、参观腾讯总部，还有一个环节是部门见面会——姚顺雨在现场。 这次见面会两个小时左右，姚顺雨是开场发言者，他讲了大概只有20分钟，但富有雄心。 「他说混元的目标是对标全球最顶尖的一批大模型。」 林枫对第一财经「新皮层」说。 「腾讯只看来自DeepSeek、月之暗面、字节和阿里这4家基座模型团队的候选人，其他公司是不看 的。」接近腾讯招聘的人士 陈立峰对「新皮层」说。 他对「新皮层」称，2025年年中，字节跳动曾通过发放「豆包虚拟股」激励员工，相当于为其大模 型团队涨薪。但正是在这轮股权激励期间，部分字节豆包员工乘势转身加入了腾讯混元，原本年薪总 包约为250万至300万元的字节跳动员工，加入混元后能拿到年薪300万以上的Offer。 林枫对姚顺雨印象深刻 ...

Group 1 - The core viewpoint of the news is the strong performance of the online consumption sector, highlighted by the significant rise in the China Securities Hong Kong-Shenzhen Online Consumption Theme Index, which increased by 4.79% [1] - The online consumption ETF fund also showed positive momentum, rising by 4.28% and achieving a price of 1.17 yuan, marking its third consecutive increase [1] - The National Business Work Conference held on January 10-11, 2026, emphasized boosting consumption as a top priority, with initiatives aimed at enhancing service consumption and creating a favorable international consumption environment [1] Group 2 - The China Securities Hong Kong-Shenzhen Online Consumption Theme Index includes 50 companies involved in online shopping, digital entertainment, online education, and telemedicine, reflecting the overall performance of the online consumption sector [2] - As of December 31, 2025, the top ten weighted stocks in the index accounted for 55.63% of the total index weight, with major players including Meituan-W, Tencent Holdings, and Alibaba-W [2] - The index's top stocks showed varying performance, with notable increases such as 20.00% for Yidian Tianxia and 16.70% for Kunlun Wanwei, indicating strong market interest in these companies [3]

腾讯控股回购数量103.90万股，回购金额6.36亿港元，回购最高价为616.000港元，最低价为610.500港 元，年内累计回购金额38.14亿港元；小米集团-W回购数量400.00万股，回购金额1.51亿港元，回购最 高价为37.920港元，最低价为37.740港元，年内累计回购金额7.90亿港元；舜宇光学科技回购数量84.00 万股，回购金额5398.94万港元，回购最高价为64.750港元，最低价为63.650港元，年内累计回购金额 1.08亿港元。 | 02598 | 连连数字 | 13.00 | 90.18 | 6.980 | 6.780 | 364.90 | | --- | --- | --- | --- | --- | --- | --- | | 01600 | 天伦燃气 | 20.00 | 61.12 | 3.060 | 3.030 | 591.56 | | 02416 | 易点云 | 26.05 | 59.97 | 2.330 | 2.270 | 353.80 | | 06831 | 绿茶集团 | 7.24 | 48.61 | 6.800 | 6.610 | 500.24 | | 006 ...