Core Viewpoint - The influx of mainland capital into the Hong Kong stock market has accelerated in 2025, with a net buying amount of 1.09 trillion HKD by September 15, surpassing the total for the entire year of 2024, indicating a significant shift in market dynamics and pricing logic towards a new era of domestic pricing in Hong Kong stocks [2][3][4]. Group 1: Capital Inflow Dynamics - As of September 15, 2025, the net buying amount of southbound funds reached 1.09 trillion HKD, exceeding the total net buying amounts from 2020 to 2024, which were 672.125 billion HKD, 454.396 billion HKD, 386.291 billion HKD, 318.842 billion HKD, and 807.869 billion HKD respectively [3]. - The continuous inflow of southbound funds is reshaping the pricing logic and ecological structure of the Hong Kong stock market, leading to a liquidity boom driven by these funds [3][4]. Group 2: Investment Focus and Trends - The primary focus of the inflow is on high-growth sectors such as innovative pharmaceuticals and technology, with significant interest in leading internet companies like Alibaba, Meituan, and Tencent [2][5]. - By September 15, 2025, southbound funds had net purchases of over 130 billion HKD in Alibaba, more than 50 billion HKD in Meituan, and approximately 25 billion HKD in Tencent, highlighting strong investor confidence in these companies [5][6]. Group 3: Market Outlook - Multiple institutions express optimism about the future of the Hong Kong stock market, suggesting that liquidity easing and improving corporate earnings will support a structural market rally, particularly in technology and finance sectors [7][8]. - The potential for a U.S. interest rate cut could further enhance the attractiveness of the Hong Kong market, allowing it to capture more international capital seeking higher-risk assets [7][8].

9月16日，在接受第一财经等媒体采访时，腾讯集团高级执行副总裁、云与智慧产业事业群CEO汤道生 表示，腾讯已和多家芯片厂商合作适配，模型有很多种类，大的几百B（B为十亿）、上千B，也有几十 B、几B的模型，不同场景需要不同配置的芯片，腾讯会持开放心态和各芯片厂商合作，一些合作涉及 定制化适配。（第一财经记者 郑栩彤） ...

9月16日，不少网友在社交平台透露称微信聊天可发实况图了。 据向阳视频报道：记者咨询微信客服得知，此功能暂时仅支持iOS客户端，客户端版本号要求8.0.61及以上（安 卓/鸿蒙正在适配）；聊天中从相册选择实况照片发送，默认实况为关闭状态，发送照片时点击进入大图预览 页面可手动开启单个照片的实况开关。好友浏览点开大图后需点击左下角的「实况」按钮查看完整效果，同时 支持将实况照片保存到手机系统相册。 此外，iPhone 6s、6s Plus、SE等机型暂不支持该功能。 （九派新闻） 客服还表示，该功能正逐步上线中，请关注后续功能更新。 ...

9月16日，在接受第一财经等媒体采访时，腾讯集团高级执行副总裁、云与智慧产业事业群CEO汤道 生表示，腾讯已和多家芯片厂商合作适配，模型有很多种类，大的几百B（B为十亿）、上千B，也有 几十B、几B的模型，不同场景需要不同配置的芯片，腾讯会持开放心态和各芯片厂商合作，一些合作 涉及定制化适配。（第一财经记者 郑栩彤） ...

9月16日，在接受第一财经等媒体采访时，腾讯集团高级执行副总裁、云与智慧产业事业群CEO汤道生 表示，腾讯已和多家芯片厂商合作适配，模型有很多种类，大的几百B（B为十亿）、上千B，也有几十 B、几B的模型，不同场景需要不同配置的芯片，腾讯会持开放心态和各芯片厂商合作，一些合作涉及 定制化适配。 腾讯会持开放心态和各芯片厂商合作，一些合作涉及定制化适配。 ...

转自：北京日报客户端 在业界普遍关注的算力支持方面，记者获悉，目前腾讯已经全面适配主流的国产芯片，并希望通过异构 计算平台，即集成了不同类型计算硬件和资源的计算平台，整合多类芯片，为社会提供高性价比的AI 算力解决方案。 业内专家表示，推动AI能力普惠化、加快国产芯片适配已成为我国人工智能发展的明确趋势。不仅头 部企业积极构建自主算力生态，众多初创公司及传统行业也在政策支持下，逐步采用基于国产硬件的人 工智能解决方案。"软硬件协同、全栈优化正从企业战略上升为行业共识，旨在实现从底层芯片到上层 应用的全链路安全可控与降本增效。" 国际化方面，数据显示，腾讯云海外客户规模在过去一年同比翻番，覆盖80多个国家和地区。为加强全 球数字基础设施布局，腾讯计划未来投入1.5亿美元在沙特阿拉伯建设其中东首个数据中心。同时，该 公司将于日本大阪新建第三个数据中心，并设立当地办公室，进一步增强在亚太地区的服务能力。 来源：北京日报客户端 9月16日，2025腾讯全球数字生态大会于深圳召开。会上，该公司宣布全面开放自身AI落地能力与优势 场景，全面适配主流国产芯片，推动AI从技术概念加速转化为千行百业的实际应用。 腾讯集团高级执 ...

Group 1 - Tencent announced the opening of its AI capabilities and advantages, aiming to enhance efficiency through "intelligent" and "global" engines for sustainable growth [1][2] - The company reported that AI is becoming a new revenue growth engine and business core, with plans to provide AI solutions across various industries [2][3] - Tencent's Hunyuan 3D 3.0 model features a threefold improvement in modeling precision compared to its predecessor, showcasing the company's commitment to innovation in AI technology [3] Group 2 - Tencent Cloud is positioned as a competitive player in the cloud market, with a focus on infrastructure, technology products, and service capabilities to drive global growth [4] - The company highlighted its achievements in helping Chinese enterprises like Meituan and Midea accelerate their international expansion through Tencent Cloud [4] - Tencent Cloud is rapidly expanding its overseas infrastructure, leading among domestic cloud providers, and has upgraded multiple products to align with global technology ecosystems [4]

Core Viewpoint - Tencent Holdings, a leading player in the Chinese gaming and social media sector, is planning to raise approximately $1 billion through a three-tranche offshore yuan bond issuance [1] Group 1: Company Overview - Tencent Holdings is recognized as a leader in the gaming and social media industry in China [1] - The company is actively seeking to diversify its funding sources through bond issuance [1] Group 2: Financial Strategy - The planned bond deal consists of three tranches, indicating a structured approach to capital raising [1] - The target amount for the bond issuance is set at $1 billion, reflecting the company's significant financial ambitions [1]

Core Insights - The article highlights the increasing significance of WeChat Pay and WeChat Mini Programs in enhancing the travel experience for both Chinese tourists abroad and foreign visitors in China, particularly in the UK [2][3][4] Group 1: WeChat's Impact on Cross-Border Tourism - WeChat consumption transactions by overseas users increased by 34% during the summer of 2023 compared to the previous year, indicating a resurgence in cross-border travel [2] - The top five spending categories for tourists in China were dining, transportation, retail, tourism, and fashion, reflecting the growing interest in Chinese tourism [2] - WeChat Mini Programs have expanded to cover 92 countries and regions, spanning 103 sub-industries, showcasing their global commercial potential [4] Group 2: Technological Empowerment in Tourism - The Chinese tourism office in London emphasized the importance of technology in providing a convenient consumption environment for tourists, addressing payment limitations faced by both Chinese tourists abroad and foreign visitors in China [3] - The integration of WeChat Mini Programs in UK museums and popular tourist spots has improved the efficiency and experience of Chinese tourists, allowing for services like Chinese language guides and ticket purchases [3][4] - The number of overseas WeChat Mini Programs with monthly transaction volumes exceeding 10 million increased by 100% year-on-year in the first half of 2025, indicating rapid commercialization in global tourism [4] Group 3: Business Opportunities for UK Merchants - WeChat Mini Programs are becoming a key tool for UK businesses to tap into the Chinese market, lowering the digital entry barrier for small businesses [4] - UK merchants are increasingly adopting WeChat Pay to facilitate seamless transactions for Chinese tourists, enhancing their shopping experience [4] - The chairman of the British 48 Group expressed optimism about the WeChat ecosystem, noting that it allows small businesses to gain global consumer attention without complex system development [4]

作者 | 黄昱 2025年AI应用爆发，同时迎来Agent元年等背景下，推理需求暴涨。为了抓住这一机遇，云服务厂商也积极升级云基础设施，来满足市场需求。 9月16日，在2025腾讯全球数字生态大会上，腾讯集团副总裁、腾讯云总裁邱跃鹏表示，大模型产业重心从训练到推理的转变，已经成为行业共识。同时客 户对于使用大模型和建设Agent迸发出强烈热情，这都带来了推理需求的暴涨。 这也意味着，AI基础设施要同步升级。 近年来，腾讯云正不断升级云基础设施，以支撑Agent规模化落地和企业全球化发展。据邱跃鹏介绍，腾讯云已在推理加速、Agent Infra和国际化布局等方 面取得突破，并将以更加开放的姿态，助力企业把握时代机遇。 在推理加速方面，腾讯云深入参与开源贡献，向DeepSeek、vLLM、SGLang等社区提交了多项优化技术。同时，针对大模型推理面临的内存瓶颈，腾讯云自 研并开源FlexKV 多级缓存技术，大幅降低KVCache的占用，将首字时延降低多达70%。 同时，邱跃鹏透露，腾讯云依托异构计算平台整合多种芯片资源，向外界提供高性价比的 AI 算力。目前，该平台已全面适配主流国产芯片。 据悉，软硬件协同全栈优 ...