实验类研究员提供每年500万元、连续5年共2500万元的资助；理论类研究员每年300万元、5年共1500万 元资助。 此次入选的35位科学家，平均年龄45岁，创三期以来最低。其中9位为青年科学家（男性未满40周岁、 女性未满43周岁），占比超26%，最年轻研究员申报时仅35岁。 他们覆盖数学与物质科学、生物与医学科学两大领域，前者19人（含物理学、化学各8人，数学与理论 计算机3人），后者16人（含生物学10人、医学科学6人）。 【#35位科学家入选腾讯研究员项目##腾讯研究员项目已资助139位科学家#】今天，由腾讯出资支持 的"新基石研究员项目"公布第三期获资助名单，35位杰出科学家成功入选。 该项目以"不考核、不数论文、不卡时间"的"三不"原则为核心，全力支持科学家开展"从0到1"的原始创 新研究。 "新基石研究员项目"自2022年启动以来，已累计资助139位科学家。不同于传统科研资助，其"选人不选 项目"的特色的，让科学家能自主选择高风险、高潜力的研究方向。 腾讯10年内计划投入100亿元支持该项目，推动我国基础研究实现更多颠覆性突破。（快科技） ...

Core Viewpoint - The Hong Kong stock market experienced significant net inflows from northbound trading, totaling HKD 85.71 billion, with notable net purchases in major stocks like Alibaba, Tencent, and Kuaishou [1] Group 1: Northbound Trading Activity - Northbound trading saw a net purchase of HKD 85.71 billion, with HKD 20.78 billion from the Shanghai Stock Connect and HKD 64.94 billion from the Shenzhen Stock Connect [1] - The most purchased stocks included Alibaba-W (09988), Tencent (00700), and Kuaishou-W (01024) [1] - The most sold stocks were SMIC (00981), CNOOC (00883), and Hua Hong Semiconductor (01347) [1] Group 2: Individual Stock Performance - Alibaba-W (09988) had a net inflow of HKD 52.84 billion, with a total trading volume of HKD 96.85 billion, reflecting a net increase of HKD 8.82 billion [2] - Tencent (00700) recorded a net inflow of HKD 11.67 billion, supported by positive outlooks from analysts regarding its core business growth [5] - Kuaishou-W (01024) saw a net inflow of HKD 8.18 billion, driven by rapid growth in its AI commercialization [5] - SMIC (00981) faced a net outflow of HKD 10.23 billion, amid concerns over U.S. export regulations affecting chip manufacturers [6] - CNOOC (00883) experienced a net outflow of HKD 3.79 billion [6] Group 3: Sector Insights - The banking sector, represented by China Construction Bank (00939), received a net inflow of HKD 29.18 million, indicating defensive value amid market volatility [6] - Analysts suggest that low valuations in the banking sector present significant value opportunities, especially as long-term capital allocation approaches year-end [6]

腾讯控股(00700)发布公告，于2025年11月24日，该公司斥资6.36亿港元回购102.2万股。 ...

智通财经APP讯，腾讯控股(00700)发布公告，于2025年11月24日，该公司斥资6.36亿港元回购102.2万 股。 ...

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11月24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） ...

过去十多年的移动互联网时代，是众多互联网巨头乘浪而起、蓬勃发展，并逐步成为我们日常生活和系 统运转中重要部分的过程，对社会而言，可以说这些企业已经日渐 "毛细血管"化了。 而2025年，火热的具身智能机器人赛道背后，同样不缺乏这些企业的身影： 沉寂了一段时间的京东投资部门，仅在今年5-7月，就连续出手投资了6家机器人相关公司。 而美团则是延续了过去一年多时间里对机器人赛道的投资节奏，在不同的轮次进入，洒下了超过5亿元 的金额。 再看和美团在今夏大打外卖大战的阿里，他们也没有闲着，对于机器人产业上游的公司出手频频。 加上字节、腾讯等企业，到了2025年的秋季，一眼看去，头部序列的具身智能机器人公司，其身后基本 上站了不止一家互联网公司的身影。 这些手握资金和资源的互联网公司为什么青睐这个赛道？而他们的下注，又会反过来给这个赛道里的玩 家们带来什么机遇和变数？ 互联网企业为什么不想缺席这波投资热潮 过去十年，不断扩张的互联网巨头们，在业务形态和边界逐渐接近和交锋的过程里，面对有潜力的业务 和赛道，要么自己下场亲自做，要么依靠投资来做布局。 前者以软件、线上虚拟性质，以及在线下已经有了基础的业务为主。比如年初大热的 ...

Core Insights - Alibaba Group's Qwen app achieved over 10 million downloads within its first week of public beta launch, indicating strong initial traction [1][2] - Following the announcement of this milestone, Alibaba's shares in Hong Kong rose by more than 5%, reflecting positive investor sentiment [2] - The rebranding and unification of Alibaba's AI offerings under the Qwen name appears to have successfully attracted mainstream users [3] Company Performance - Qwen quickly became one of the top five free apps on the Apple App Store in mainland China and Hong Kong during its second day of beta testing, showcasing its rapid adoption [3] - Analysts suggest that Qwen has the potential to become a significant player in the AI space, likening it to China's WeChat for the AI era, which could enhance Alibaba's market position [4] Competitive Landscape - Despite the successful launch, Alibaba faces intense competition from low-cost rivals like DeepSeek, which has initiated a price war in the industry [5] - Alibaba's broader AI initiatives have contributed to an impressive 87% year-to-date stock gain in Hong Kong, indicating renewed investor confidence in its long-term strategy [5] Growth Prospects - Current assessments indicate that while Alibaba's short-term price trend has moderated, the company maintains solid growth prospects for the medium and long term [6]

Market Performance - The Hong Kong stock market saw significant gains on November 24, with the Hang Seng Index rising by 1.97% to 25,716.5 points, the Hang Seng Tech Index increasing by 2.78% to 5,545.56 points, and the National Enterprises Index up by 1.79% to 9,079.42 points [1] - Major technology stocks performed well, with Alibaba up 4.67%, Tencent Holdings up 2.38%, JD Group up 1.9%, Xiaomi up 1.52%, NetEase up 5.87%, Meituan up 2.72%, Kuaishou up 7.11%, and Bilibili up 5.67% [1] - Defense stocks showed strong performance, with China Shipbuilding Industry Corporation rising over 13% [1] - Gold stocks saw a late surge, with Tongguan Gold increasing over 5% [1] - Innovative drug concepts gained traction, with WuXi AppTec rising over 5% [1] - Lithium battery stocks led the decline, with Ganfeng Lithium down over 5%, and semiconductor stocks also fell, with Hua Hong Semiconductor down nearly 5% and SMIC down over 1% [1] Company News - Huya Technology reported Q3 revenue of $532 million, a year-on-year increase of 27.6%, with adjusted EBITDA reaching $47.05 million, up 37.3% [2] - Changjiang Garment announced a mid-term performance report for the six months ending September 30, 2025, with revenue of HKD 85.59 million, a 13.67% increase, but a loss of HKD 53.31 million, widening by 67.8% year-on-year [2] - Maple Leaf Education expects a net profit of no less than RMB 300 million for the fiscal year ending August 31, 2025 [3] - Nanxuan Holdings reported revenue of approximately HKD 2.8305 billion for the six months ending September 30, 2025, a 1.6% increase, with a net profit of HKD 336 million, up 12.7% [3] Corporate Actions - Tencent Holdings repurchased 1.042 million shares for HKD 636 million at prices between HKD 606.5 and HKD 614.5 [8] - Xiaomi Group repurchased 8 million shares for HKD 303 million at prices between HKD 37.64 and HKD 38.04 [8] - China Feihe repurchased 12.3 million shares for HKD 51.4 million at prices between HKD 4.14 and HKD 4.2 [8] - Various companies, including China Petroleum & Chemical Corporation and CNOOC, also engaged in share repurchases, indicating a trend of companies returning capital to shareholders [9][10] Institutional Insights - Guotai Junan noted that the Hong Kong stock market has entered a correction phase due to previous gains and tightening dollar liquidity, but the bull market is expected to continue with inflows of new capital and quality assets [11] - Huatai Securities suggested that the Hong Kong market is entering a phase for positioning, with left-side investors gradually building positions despite increased volatility [12] - CITIC Securities highlighted that the volatility in global risk assets is primarily due to liquidity issues, with concerns about the sustainability of AI infrastructure in North America exacerbating market corrections [12] - Dongwu Securities indicated that while short-term fluctuations are expected, the current positioning in the Hong Kong market is attractive for long-term investments [12]

Core Insights - Ant Group recently launched its multimodal AI assistant "Lingguang," which achieved over 100,000 downloads within four days, aiming to break the homogeneity in the AI to C market focused on conversational interactions [1][6] - Alibaba also released the "Qwen" app, which integrates life services and adopts a free strategy, indicating a comprehensive user-level coverage in the AI to C market [3][8] - The competition in the industry is shifting from individual product comparisons to a contest of group resource integration capabilities, with major players like ByteDance, Tencent, and Alibaba vying for dominance in the AI to C space [5][12] Ant Group's "Lingguang" - "Lingguang" features capabilities such as "Lingguang Dialogue," "Lingguang Flash Applications," and "Lingguang Open Eye," supporting various forms of information output including 3D, audio, video, and charts [7][9] - The core philosophy of "Lingguang" is to simplify complex tasks, allowing users to create applications through natural language input in about one minute [6][7] - Ant Group's CTO emphasized the goal of making advanced AI technology accessible to ordinary users, aiming to enhance productivity [8][9] Competitive Landscape - The launch of "Lingguang" and "Qwen" signifies a strategic move by Alibaba to create a complementary competitive relationship rather than direct competition [9][12] - The AI to C market is evolving, with a focus on the ability of AI to perform tasks rather than just engage in conversation, indicating a shift towards more functional AI applications [12][14] - The integration of AI capabilities into everyday life is becoming a key objective for internet giants, with the potential for significant market growth [10][14] Industry Challenges and Future Directions - The industry faces challenges such as high user learning costs, insufficient ecological collaboration, and the need for deeper integration of tools, payments, and services [9][14] - Experts suggest that the next competitive focus may be on providing personalized and intelligent services while ensuring data security and user experience consistency [15][16] - The ongoing competition in the AI to C market is expected to intensify, with the ultimate success hinging on the ability to integrate ecosystems and mature technological products [14][16]

每经记者｜刘玲 每经编辑｜魏官红 在河西走廊的尽头，丝绸之路的"咽喉锁钥"处，有一座令全世界为之着迷的千年古城——敦煌。而莫高 窟是敦煌最富盛名的古迹，它不仅是壁画艺术的博物馆，更是世界上现存规模最大、内容最丰富的佛教 艺术地。 报道显示，莫高窟保存的壁画，面积约4.5万多平方米，有酥碱病的壁画面积已占一半以上。并且，近 年来敦煌地区气候条件发生变化，使雨水渗漏洞窟的情况加剧，再加上到敦煌旅游的游客日益增多，过 量的游客使壁画雪上加霜。 据了解，敦煌莫高窟有洞窟735个，壁画4.5万平方米、泥质彩塑2415尊，具有极高的历史和艺术价值。 但是，受环境侵蚀、人和动物活动等影响，敦煌壁画病害愈发严重。壁画的病害研究与修复，成为了文 物保护的关键难题。 3月19日，腾讯与敦煌研究院共同签署了新三年战略合作协议。《每日经济新闻》记者了解到，双方将 成立联合工作小组，引入AI病害识别技术、沉浸式远程会诊技术等，为壁画"看病"及实现远程文物会 诊。双方还将共同加强与海外敦煌文物收藏机构的文化交流，以及推进藏经洞文物的数字化呈现和传 播。 "莫高窟有700多个洞窟，我们现在才采集了200多个，做了20多年了。数字化技术在进 ...