Group 1 - Xiaomi's first SUV, YU7, will be officially launched on June 26 at 7 PM, alongside other products like the Xiaomi Flip2 and Xiaomi Pad 7S Pro [2] - C919 aircraft has commenced operations on new routes from Guangzhou to Zhengzhou and Taiyuan, with daily flights established [3] - Huawei Cloud introduced the Pangu predictive model 5.5, featuring a novel Triplet Transformer architecture for enhanced data processing across various industries [4] Group 2 - Guangzhou aims for over 90% of new vehicles to be L2 or higher level intelligent connected vehicles by 2027, with significant growth in the smart electric vehicle sector [4] - The 2025 Shenzhen Aerospace Industry Conference announced collaborations to accelerate the development of space-based communication technologies [5] - A new national standard for household refrigerators will reduce energy consumption by 40%, effective June 1, 2026, potentially saving 13 billion kWh annually [6] Group 3 - Tencent is testing a new feature in WeChat that allows users to comment with stickers in Moments, currently in a limited beta phase [7] - The founder of Pang Donglai announced the closure of several stores, citing quality issues despite good performance [8] - Meituan is expanding its instant retail business, with plans to cover all first and second-tier cities [9] Group 4 - Tesla has begun trial operations of its autonomous taxi service in Austin, Texas, offering rides at a flat rate of $4.2 [10] - SoftBank's Masayoshi Son is seeking to partner with TSMC to establish a $1 trillion AI manufacturing center in Arizona [11] - Faraday Future has secured 4,000 pre-orders for its FX Super One MPV, with significant interest from B2B partners [12] Group 5 - LoBo is accelerating its expansion into Southeast Asia, planning to launch autonomous driving services in Singapore and Malaysia this year [13] - Nvidia and Foxconn are negotiating the deployment of humanoid robots in a Houston factory, aimed for operational status by Q1 next year [14] - Novo Nordisk reported significant weight loss results from its semaglutide treatment in a recent clinical trial [15] Group 6 - The European Medicines Agency has given a positive opinion on Springworks' drug for treating progressive fibromatosis [16] - New Zealand will implement two visa facilitation policies for Chinese citizens starting November 2025, easing travel requirements [17][18] - Several companies, including Tiangong Robotics and others, have recently secured significant funding for their projects [18]

Summary of Key Points Core Viewpoint - On June 24, 23 Hong Kong-listed companies conducted share buybacks totaling 8.90 million shares, with a total buyback amount of 743 million HKD [1][2]. Group 1: Buyback Details - Tencent Holdings repurchased 985,000 shares for 501 million HKD, with a highest price of 510.000 HKD and a lowest price of 505.500 HKD, bringing its total buyback amount for the year to 34.54 billion HKD [1][2]. - AIA Group repurchased 3 million shares for 212 million HKD, with a highest price of 71.200 HKD and a lowest price of 69.200 HKD, totaling 14.37 billion HKD in buybacks for the year [1][2]. - Andeli Juice repurchased 662,000 shares for 11.25 million HKD, with a highest price of 17.000 HKD and a lowest price of 16.860 HKD, totaling 66.25 million HKD in buybacks for the year [1][2]. Group 2: Other Notable Buybacks - Mengniu Dairy repurchased 400,000 shares for 652,280 HKD, with a highest price of 16.340 HKD and a lowest price of 16.260 HKD, totaling 17.78 million HKD in buybacks for the year [2]. - China Xuyang Group repurchased 1.5 million shares for 373,090 HKD, with a highest price of 2.500 HKD and a lowest price of 2.470 HKD, totaling 11.79 million HKD in buybacks for the year [2]. - Other companies such as FIH Mobile and Miniso also conducted buybacks, with amounts and prices varying significantly [2].

2025中国上市公司软实力100强揭晓：台积电以5716亿元蝉联榜首，全榜软实力价值突破2.5万亿元，同比增长26.85%。上市公司以价值创新驱动为核心，研 发投入达1.88万亿元，民营企研发强度高达4.19%，展现强劲创新活力。 邓正红软实力根据中国上市公司公布的2024年度业绩，按照邓正红研创的软实力指数工具，根据软实力形态指标表现，即基础形态瞻度、低级形态韧度、中 间形态精度、高级形态效度和最高形态新度，围绕激活硬实力与价值创造，依次计算出软实力指数和软实力价值。发布2025中国上市公司软实力100强，这 是邓正红软实力连续8年发布该榜单。榜单主要排序以软实力价值为依据，若软实力价值相同，则以软实力指数为依据；次要排序以软实力指数为依据，若 软实力指数相同，则以软实力价值为依据。全榜软实力价值合计25342.47亿元，较上年增加5364.29亿元，增幅26.85%。上市公司以价值创新驱动为核心， 以稳健经营应对风险挑战，扎实推进产业优化升级，软实力价值势能不断集聚，价值创造能力进一步强化，发展质量和投资价值持续提升，实现营业收入 71.98万亿元，实现净利润5.22万亿元，整体研发强度2.61%，同比提 ...

要闻提示 NEWS REMIND 1.雷军：YU7不是拉高版SU7，90%零部件重新开发 2. 泡泡玛特疑进军家电行业，正招聘相关人才 3. 马云现身饿了么工区，吴泳铭陪同，参加淘宝闪购周会 4. 苹果官网首次支持国补，仅支持北京线上购买/上海线下购买，最高不超2000元 5. 王慧星正式晋升成为腾讯副总裁 6.网友称DeepSeek信息错误承诺补偿3000元却未兑现 7.英伟达CEO黄仁勋启动减持计划：年内套现近9亿美元 8.西门子CTO：明年1/3 IT预算投DeepSeek 今日头条 HEADLINE NEWS 雷军：YU7不是拉高版SU7，90%零部件重新开发 6月24日中午，雷军在微博回答了关于小米YU7两个网友最关心的问题。当被问及"这次YU7上市，相比去 年SU7，把握是不是大了很多？"时，雷军回答表示：这一次，我们的信心确实更足了。上个月YU7技术 发布以后，用户朋友们的热情也远超我们的预期，YU7的用户留资量是SU7同期的3倍，我预计YU7和 SU7会一样火爆。 当被问及"小米YU7是不就是一款拉高版SU7？"时，雷军回答道：我可以肯定地告诉大家，不是！虽然 YU7和SU7都基于小米Mode ...

Group 1 - The Hang Seng Index rose by 2.06% on June 24, with a total southbound trading volume of HKD 121.26 billion, including HKD 61.93 billion in buy transactions and HKD 59.34 billion in sell transactions, resulting in a net inflow of HKD 2.59 billion [1] - The southbound trading through the Shenzhen Stock Connect totaled HKD 44.48 billion, with buy transactions of HKD 23.13 billion and sell transactions of HKD 21.35 billion, leading to a net inflow of HKD 1.78 billion [1] - The southbound trading through the Shanghai Stock Connect amounted to HKD 76.78 billion, with buy transactions of HKD 38.79 billion and sell transactions of HKD 37.98 billion, resulting in a net inflow of HKD 0.81 billion [1] Group 2 - The most actively traded stock by southbound funds was Xiaomi Group-W, with a total trading volume of HKD 78.75 billion, followed by Meituan-W and Alibaba-W with trading volumes of HKD 56.07 billion and HKD 39.87 billion, respectively [1] - Meituan-W had the highest net buy amount among the stocks, totaling HKD 7.85 billion, despite a closing price drop of 1.07% [1] - The stocks with the highest net sell amounts included Xiaomi Group-W, which saw a net sell of HKD 15.51 billion, while Tencent Holdings and Alibaba-W experienced net sells of HKD 9.45 billion and HKD 7.51 billion, respectively [1] Group 3 - Among the stocks with continuous net buying, China Construction Bank, SMIC, and Meituan-W had the longest streaks, with net buying days of 10, 4, and 3 days, respectively [2] - The total net buying amounts for these stocks were HKD 6.55 billion for China Construction Bank, HKD 1.96 billion for SMIC, and HKD 2.52 billion for Meituan-W [2] - The stocks with the highest continuous net selling included Tencent Holdings, Alibaba-W, and Xiaomi Group-W, with total net selling amounts of HKD 19.68 billion, HKD 2.75 billion, and HKD 1.91 billion, respectively [2]

| 日期 | 回购股数（万股） | 回购最高价（港元） | 回购最低价（港元） | 回购金额（万港元） | | --- | --- | --- | --- | --- | | 2025.06.24 | 98.50 | 510.000 | 505.500 | 50062.09 | | 2025.06.23 | 100.10 | 504.000 | 495.200 | 50059.39 | | 2025.06.20 | 99.70 | 504.500 | 496.200 | 50049.50 | | 2025.06.19 | 100.20 | 506.000 | 496.200 | 50042.14 | | 2025.06.18 | 99.00 | 510.000 | 503.500 | 50071.13 | | 2025.06.17 | 98.00 | 514.000 | 507.000 | 50046.48 | | 2025.06.16 | 98.50 | 511.000 | 505.000 | 50014.39 | | 2025.06.13 | 98.20 | 515.000 | 506.500 | 500 ...

Core Insights - The LABUBU toy has set a new record in the collectible toy market, selling for 1.08 million RMB, indicating a significant rise in demand for such products [1] - The success of LABUBU has propelled Pop Mart to new heights in the trendy toy market, attracting attention from other brands [1][2] - The gaming industry is increasingly moving from merely licensing IP to actively developing and selling derivative products, with many companies investing in the trendy toy sector [3][4] Group 1: Market Trends - The sales of LABUBU toys on second-hand platforms have skyrocketed, with some originally priced at a few hundred RMB now selling for over ten thousand RMB [1] - On June 1, 2023, the DearNikki blind box series achieved sales of 3.16 million RMB in a single day, showcasing the strong market demand for trendy toys [1] - According to data from Gamma, over 50% of top mobile games from 2019 to 2023 have launched derivative products, indicating a growing trend in the gaming industry [3] Group 2: Industry Dynamics - Game companies are shifting their strategies from simple IP licensing to investing in and developing their own derivative products, creating a more integrated supply chain [4][6] - Notable examples include MiHoYo and G-bits investing in trendy toy platforms, indicating a trend of deeper involvement in the toy market [4] - The success of the game "Black Myth: Wukong" has led to a significant push in merchandise sales, with the game developer taking full control of the product design and production [6][12] Group 3: Consumer Behavior - The majority of consumers purchasing game-related merchandise are female, with over 60% of buyers being women, which presents a challenge for male-oriented games to penetrate the trendy toy market [10] - The sales of female-oriented games' merchandise have been significantly higher, as they align closely with the demographics of their user base [10][12] - Despite the potential for male gamers to spend, there is a reluctance to pay high prices for merchandise, preferring to invest in in-game purchases instead [12] Group 4: IP Development - The rise of light-content IPs like LABUBU and Disney's Lingna Belle demonstrates a shift in how IPs can achieve popularity without traditional storytelling [15][16] - Traditional IPs, which rely on rich narratives and character development, may face challenges as the market sees success from lighter, more flexible IPs [15][16] - The gaming industry's derivative product market remains underdeveloped, but the emergence of companies like Pop Mart is driving growth in this sector [16]

"张雪峰的敌人不是文科生，而是大厂的AI。" 在张雪峰看来，AI取代真人高报师仍面临很大挑战。原因是考生和家长的需求在不断变化。更关键的是，人与AI的本质区别在于情绪价值的提供。他 说，AI只是一个工具，前提是"你得会用它"。只有明确表达需求、提出好问题，AI才能提供更精准的建议。 AI填报志愿究竟靠不靠谱？能否真正取代"张雪峰们"，成为考生和家长的首选？Tech星球深度体验了多个AI工具，试图解答这一疑问。 大厂AI押注高考志愿填报 高考，这场千万学子命运的大考，成绩放榜后的志愿填报环节，其重要性丝毫不亚于考试本身。从5月底开始，当考生和家长在网络世界里探寻志愿填报 的方向时，会惊奇地发现，大厂的AI产品已悄然押注这一领域，在志愿填报的战场上强势卡位。 在手机百度App搜索"高考志愿填报"，就能看到"AI志愿助手"功能。基于文心一言大模型打造的工具，类似一个高考志愿信息的智能宝库。它通过历年来 高校招生信息、专业详情、历年分数线等进行整合与分析，最后模拟出志愿填报的结果。 | 譬如，当一位河北的理科考生输入自己预估580分的成绩后，"AI志愿助手"会筛选出在河北有招生计划且符合该分数段的各类高校。并分为院校 ...

Group 1 - The 2025 New Wealth Rich List reveals that Zhang Yiming has become the richest person with a net worth of 481.57 billion yuan, surpassing Zhong Shanshan by 120 billion yuan [2][3] - The total market value of the 500 entrepreneurs on the list is 13.7 trillion yuan, an increase of 11% year-on-year, with an average market value of 27.38 billion yuan [2] - The threshold for entry into the list is set at 6.62 billion yuan, with 341 entrepreneurs having a market value exceeding 10 billion yuan [2] Group 2 - Starbucks China is evaluating the best ways to seize growth opportunities, amidst reports of investment interest from Hillhouse Capital and other institutions [5] - JD Logistics is recruiting full-time riders for its food delivery service, aiming to enhance operational efficiency [6] - Vivo's legal department has reported a leak of confidential information regarding an unreleased phone product, leading to a police report [11] Group 3 - Nezha Auto may need to return over 2 billion Thai Baht (approximately 438 million yuan) in subsidies due to unmet production targets in Thailand [14] - The number of game approvals in June reached a new high for the year, with Tencent and NetEase receiving import licenses [28][29] - Beijing ranks among the top five global startup cities, according to the Startup Genome report [29] Group 4 - Easy Control Smart Driving has completed over 400 million yuan in D-round financing, led by CATL's investment platform [24] - Samsung plans to launch new Galaxy Z smartphones on July 9, featuring advanced AI and ultra-thin foldable designs [25] - Faraday Future has introduced its FF AI 2.0 system, which integrates with OpenAI for enhanced user interaction [26]

浙江世宝为近一个月首次上榜，当日港股通成交额为13.17亿港元，成交净买入0.87亿港元，该股当日收 盘上涨30.72%。（数据宝） 6月24日港股通成交活跃股榜单 | 证券 | 证券简称 | 成交金额（亿 | 净买入金额（亿 | 近一个月上榜 | 最新收盘价 | 日涨跌幅 | | --- | --- | --- | --- | --- | --- | --- | | 代码 | | 港元） | 港元） | 次数 | （港元） | （%） | | 00700 | 腾讯控股 | 30.04 | -9.45 | 21 | 509.500 | 1.09 | | 01810 | 小米集团 W | 78.75 | -15.51 | 21 | 56.900 | 3.74 | | 03690 | 美团-W | 56.07 | 7.85 | 21 | 130.000 | -1.07 | | 09988 | 阿里巴巴 | 39.87 | -7.51 | 21 | 112.700 | 1.71 | | | W | | | | | | | 09992 | 泡泡玛特 | 27.13 | 5.26 | 19 | 252.200 | 3. ...