男频IP开发，更进一步了。 8月9日、10日连续举办两天的2025腾讯视频动漫大赏，堪称是一场巨大的"军火库展示"，在动漫市场持续保持领先地位的腾讯视频，集中发布了近百部动 漫作品，这份重磅片单可以窥见腾讯视频的野心。 一方面，持续加码制作经典男频IP，《斗罗大陆》《完美世界》《吞噬星空》等都将推出番剧续作，夯实平台在动漫赛道的优势地位； 另一方面，创新开发更多全新IP，恐怖悬疑《纸嫁衣》、女频科幻《砸锅卖铁去上学》、中式克系《深海余烬》，创新性题材作品进一步拓宽内容边界， 扩大受众覆盖面。 不过相比于常规的动漫番剧，腾讯视频迈出的更大一步是院线剧场版的开发，也就是动画大电影。 2025动漫大赏上公开的首批进行院线剧场版开发的四大IP，《剑来》《斗罗大陆》《仙逆》《斩神》均为头部男频IP，目前院线电影《剑来：十三之争》 PV已经公开，观众反馈相当不错。 毫无疑问，腾讯视频在动漫番剧的开发上已经取得了显著的成果，甚至可以说是制霸非少儿向动漫市场，成为了平台提升会员用户留存率的一张王牌，但 院线剧场版的开发确实是一个全新领域，男频动画大电影又能撑起多少票房呢？ 男频动画大电影不好拍 腾讯视频开发院线剧场版这一步走 ...

8月12日早盘，港股三大指数集体低开，恒生指数跌0.33％，国企指数跌0.34％，恒生科技指数跌 0.59%。开盘后，A股同赛道规模最大的恒生科技指数ETF（513180）跟随指数下行，持仓股中，比亚 迪电子、华虹半导体、腾讯音乐等涨幅居前，地平线机器人、金蝶国际、阿里巴巴、百度集团、快手等 跌幅居前。 港股中报季正式开幕，腾讯控股将于8月13日（周三）港股盘后发布2025年Q2业绩报告。对于本季财 报，市场主要关注游戏业务的新增长，广告业务在视频号起量下的货币化表现和展望等。光大证券在此 前发布的业绩前瞻中指出，预测腾讯控股2025Q2实现营业收入1799.3亿元（YoY+11.7%）。主要受增值 服务中游戏业务、网络广告业务保持较快增长驱动。预测公司2025Q2毛利率55.1%（YoY+1.8pcts）， 毛利润990.8亿元（YoY+15.4%），本土游戏、视频号广告等高毛利业务贡献增加；预测公司经营利润 587.2亿元，同比增长15.7%，保持降本增效趋势的同时，AI大模型投入的开支或有提升。该机构称，腾 讯控股基本面仍为宏观弱恢复背景下相对强劲的互联网平台，后续游戏产品线丰富，南向资金有望在后 续回 ...

Core Viewpoint - The article discusses the evolution and decline of the "Hua Xia" gaming IP, highlighting its historical significance and the impact of market changes on its popularity and player base [1][19]. Group 1: Historical Background - The "Hua Xia" IP originated from the game "Hua Xia Online," developed by Shenzhen Wangyu, which was inspired by Chinese mythology and launched in 2004, achieving a peak of 150,000 concurrent players shortly after its release [5][9]. - Tencent acquired a significant stake in Shenzhen Wangyu, gaining control over the "Hua Xia" IP and subsequently launching "Hua Xia 2" in 2006, which expanded the game's universe and introduced new monetization strategies [7][9]. Group 2: Market Dynamics - The introduction of "Hua Xia Free Version" in 2007 aimed to cater to the growing demand for free-to-play games, but it led to a decline in the player base of the original "Hua Xia Online" [13][18]. - "QQ Hua Xia," launched in 2007, capitalized on Tencent's QQ platform, initially attracting players but later faced issues with monetization and player retention due to increasing costs and security breaches [18][16]. Group 3: Decline and Closure - By 2010, Tencent fully acquired Shenzhen Wangyu, but the gaming landscape had shifted towards 3D graphics and more advanced gameplay, leaving the "Hua Xia" IP struggling to compete [18][20]. - The original "Hua Xia Online" and its variants were eventually shut down, with the last operational game, "QQ Hua Xia," also facing a decline in player engagement, marking the end of an era for the once-popular gaming franchise [20][21].

Group 1 - The core point of the article is that Tencent Technology (Shenzhen) Co., Ltd. has obtained a patent for a "content information identification method, device, computer equipment, and storage medium" with the authorization announcement number CN114329148B, applied for on October 2021 [1] Group 2 - Tencent Technology (Shenzhen) Co., Ltd. was established in 2000 and is located in Shenzhen, primarily engaged in software and information technology services [1] - The registered capital of Tencent Technology (Shenzhen) Co., Ltd. is 2 million USD [1] - According to data analysis from Tianyancha, Tencent Technology (Shenzhen) Co., Ltd. has invested in 15 companies, participated in 264 bidding projects, has 5000 trademark information entries, 5000 patent information entries, and holds 533 administrative licenses [1]

Group 1: Market Overview - The Hong Kong stock market opened lower, with the Hang Seng Index down 0.33% at 24,824.07 points, the Hang Seng Tech Index down 0.59% at 5,427.81 points, and the National Enterprises Index down 0.34% at 8,858.01 points [1] - Major tech stocks mostly declined, with Alibaba down 1.43%, Tencent down 0.62%, and Meituan down 0.67% [1] Group 2: Company News - Crystal International Holdings (02228.HK) announced a positive earnings forecast, expecting mid-term revenue of at least RMB 500 million, a year-on-year increase of approximately 387%, and a net profit of at least RMB 50 million, marking its first half-year profit [2] - Kingdee International (00268.HK) reported mid-term revenue of RMB 3.192 billion, an increase of 11.24% year-on-year, with a net loss of RMB 97.738 million, narrowing by 55.14% due to the scaling effect of cloud subscription services and efficiency improvements from AI [2] - Master Kong Holdings (00322.HK) reported a 2.7% year-on-year decline in revenue to RMB 40.092 billion, while net profit increased by 20.5% to RMB 2.271 billion [3] - Yum China (09987.HK) reported total revenue of USD 5.768 billion, a year-on-year increase of 2.32%, with net profit rising by 1.6% to USD 507 million [3] Group 3: Institutional Insights - Dongwu Securities maintains a cautiously optimistic view on the Hong Kong stock market, suggesting it is still in an upward trend and highlighting the potential for increased southbound fund allocations [4] - China Merchants Securities notes that policy guidance supports high-dividend sectors in Hong Kong, with a shift in focus from supply-side optimization to improving supply-demand dynamics, which is beneficial for industry competition and asset prices [5] - Guotai Junan Securities anticipates limited outflow pressure on Hong Kong stocks, projecting a potential annual inflow of 1.2 trillion RMB from southbound funds to support liquidity [6]

金融界2025年8月12日消息，国家知识产权局信息显示，腾讯科技（深圳）有限公司取得一项名为"数据 匹配方法和装置、多模态模型处理方法和装置"的专利，授权公告号CN118861697B，申请日期为2023年 12月。 本文源自：金融界 作者：情报员 天眼查资料显示，腾讯科技（深圳）有限公司，成立于2000年，位于深圳市，是一家以从事软件和信息 技术服务业为主的企业。企业注册资本200万美元。通过天眼查大数据分析，腾讯科技（深圳）有限公 司共对外投资了15家企业，参与招投标项目264次，财产线索方面有商标信息5000条，专利信息5000 条，此外企业还拥有行政许可533个。 ...

Core Insights - Graph databases are emerging as a popular field in database technology, leveraging graph theory to represent, store, and query data, thus addressing complex data relationships and random access issues [1][2][11] - The Chinese graph database market is experiencing rapid growth, projected to reach 644 million yuan in 2024, with a year-on-year increase of 17% [1][11] - The market is becoming increasingly competitive, with a notable reduction in the number of players, indicating a trend towards market consolidation [1][15][19] Industry Overview - Graph databases are classified as NoSQL databases, designed to express relationships more intuitively, perform association analysis, and handle relationships efficiently [2][11] - The market for databases in China is expanding, with the overall database market expected to reach 59.616 billion yuan in 2024, reflecting a 14% growth [9][11] Market Dynamics - As of June 2025, there are 19 graph database products in China, a decrease of 10 from the previous year, indicating a consolidation trend in the market [15][19] - The top five players in the Chinese graph database market are Huawei Cloud, Hangzhou Yueshu, Chuanglin Technology, Xinghuan Technology, and Ant Group, collectively holding a market share of 25.4%, with Huawei Cloud leading at 11.7% [19] Future Trends - The integration of emerging technologies such as AI, IoT, and blockchain is expected to enhance graph database performance and scalability [21] - There is a movement towards unifying graph query languages, with the recent introduction of the GQL standard, which aims to lower the entry barrier for businesses adopting graph databases [24]

Core Insights - Real-time cloud rendering is an emerging rendering method based on rapid advancements in cloud computing, virtualization, and rendering engines, enabling high-quality video streaming of complex 2D or 3D graphics in real-time [1][2][7] - The global real-time cloud rendering market is projected to grow from $1.595 billion in 2020 to $4.03 billion by 2024, achieving a compound annual growth rate (CAGR) of 26% [7][9] - In China, the market is expected to reach 8 billion yuan in 2024, with a year-on-year growth of 45.5%, significantly outpacing the global market [9] Market Overview - Real-time cloud rendering enhances user experiences across various sectors, including entertainment, film, tourism, architecture, social interaction, and office applications, as well as cutting-edge fields like the metaverse and digital twins [1][9] - The service is categorized into three main applications: cloud gaming, cloud-native, and other scenarios, with cloud gaming being the primary application due to its established industry framework and large user base [11][13] Competitive Landscape - The real-time cloud rendering market consists of independent rendering cloud vendors and cloud computing providers, each offering different capabilities and solutions [13] - Independent vendors, like Ruiyun Technology, provide platforms compatible with multiple computing resources, while cloud computing firms, such as Alibaba Cloud, offer integrated "compute + render" platforms but with limited application support [13] Business Model - Various pricing models exist for cloud rendering services, including billing by duration, frame count, or node count, with many platforms adopting a dual-track pricing model based on configuration and time [15] Industry Trends - The real-time cloud rendering market is evolving towards large-scale, diversified, and specialized services, driven by the increasing complexity of application scenarios and the demand for high-quality rendering [19] - Enhanced infrastructure capabilities are necessary to meet the growing demands for computing power, storage speed, and network bandwidth [20] - The integration of artificial intelligence with real-time cloud rendering is improving rendering quality and system responsiveness, enhancing user interaction [21] - The industry ecosystem is expanding, attracting more participants and driving growth, although many applications are still in early development stages [22]

智通财经APP获悉，根据2025年8月11日披露数据，中国电信（00728）、绿色动力环保（01330）、中 国神华（01088）位居港股通持股比例前3位，分别为74.59%、69.90%、68.25%。此外，腾讯控股 （00700）、阿里巴巴－W（09988）、小米集团－Ｗ（01810）在最近有统计数据的5个交易日内，持股 额增幅最大，分别为+27.57亿元、+18.94亿元、+16.98亿元;中国移动（00941）、泡泡玛特（09992）、 巨子生物（02367）在最近有统计数据的5个交易日内，持股额减幅最大，分别为-12.99亿元、-4.36亿 元、-3.77亿元。 具体数据如下（交易所数据根据T+2日结算）： | 公司名称 | 持股额变动 | 持股数变动 | | --- | --- | --- | | 腾讯控股(00700) | +27.57亿元 | +491.40万股 | | 阿里巴巴－W(09988) | +18.94亿元 | +1597.98万股 | | 小米集团－Ｗ(01810) | +16.98亿元 | +3342.22万股 | | 盈富基金(02800) | +14.00亿元 | +551 ...

Summary of Key Points Core Viewpoint - The report highlights the top short-selling stocks in the market, indicating significant investor sentiment against these companies, with notable short-selling ratios and amounts for specific stocks [1][2]. Group 1: Top Short-Selling Ratios - Anta Sports (82020) has the highest short-selling ratio at 100.00% with a short-selling amount of 97,800 CNY [2]. - China National Offshore Oil Corporation (80883) follows with a short-selling ratio of 90.59% and a short-selling amount of 1,305,000 CNY [2]. - Tencent Holdings (00700) has a short-selling ratio of 87.99% with a short-selling amount of 1,125,000 CNY [2]. Group 2: Top Short-Selling Amounts - Meituan (03690) leads in short-selling amount with 1.136 billion CNY and a short-selling ratio of 23.98% [2]. - Xiaomi Group (01810) has a short-selling amount of 1.04 billion CNY and a short-selling ratio of 16.20% [2]. - Tencent Holdings (00700) also appears in this category with a short-selling amount of 1.007 billion CNY and a short-selling ratio of 15.29% [2]. Group 3: Top Short-Selling Deviation Values - Tencent Holdings (80700) has the highest deviation value at 45.57%, indicating a significant difference from its average short-selling ratio over the past 30 days [2]. - China National Offshore Oil Corporation (80883) has a deviation value of 42.14% [2]. - China State Construction International (03311) shows a deviation value of 34.50% [2].