9月11日，腾讯优图实验室开源Youtu-GraphRAG。据介绍，这是一款全新的图检索增强生成框架，主打 大语言模型+RAG模式，把知识组织成"图谱"，再交给大语言模型去检索和推理，帮助大模型在处理复 杂问答类任务时回答更精准、更可追溯。尤其适用于企业知识库问答、科研文档解析、个人知识库、私 域知识管理等知识密集型场景。 ...

时代财经以海外上线3年以上且海外双端预估收入跻身Top50的中国手游为筛选标准，统计并发布《2025年8月中国游戏出海常青榜》（下称"《出海常青 榜》"）；同时以海外上线1年至3年且海外双端预估收入跻身Top50的中国手游为标准，统计并发布《2025年8月中国游戏出海潜力常青榜》（下称"《出海 潜力常青榜》"）。 据统计，8月共有《Gossip Harbor®: Merge & Story（下称"Gossip Harbor"）》《PUBG MOBILE》《Age of Origins》等25款游戏入围《出海常青榜》，数 量较上月持平；同时，有《Whiteout Survival》《崩坏：星穹铁道》《Top Heroes》等15款游戏入围《出海潜力常青榜》，数量较上月增加2款。 | 7 | Mobile Legends: Bang Bang | 沐瞳科技 | 2016.11 | 1596.56 | | --- | --- | --- | --- | --- | | 8 | Rise of Kingdoms | 莉莉丝 | 2018.9 | 1562.80 | | 9 | 蔚蓝档案 | 悠星网络 | 2021.2 ...

以下文章来源于公募排排网 ，作者康波 公募排排网 . 看财经、查排名、买基金，就上公募排排网，申购费低至0.001折。 本文首发于公众号"公募排排网"。（点击↑↑上图查看详情） 84位百亿主动权益基金经理名单曝光！ 84位百亿主动权益基金经理名单曝光！ 公募排排网 数据显示，管理规模超百亿的基金经理仅有84位。 从学历背景来看，百亿主动权益基金经理均拥有硕士及以上学历。其中， 硕士学历的有 73人，博士学历的为11人 。拥有博士学历的百亿主动 权益基金经理分别是 葛兰、刘格菘、朱少醒、崔宸龙、黄兴亮、周云、曲扬、秦毅、蓝小康、焦巍及王贵重 。 在基金经理年限方面， 截至2025年9月7日， 百亿主动权益基金经理的 平均基金经理年限为 9.41年 。资历较深的有刘彦春（16.37年）、周蔚 文（18.47年）、朱少醒（19.83年）、赵晓东（16.03年）、傅鹏博（15.64年）、冯波（15.70年）、张军（17.52年）、史博（17.33年）。 从所属基金公司角度看， 广发基金、易方达基金、中欧基金和汇添富基金 等公司拥有数量较多的百亿主动权益基金经理，分别为9位、7位、7 位、5位和5位。 （ 点此查看百亿 ...

Core Insights - Sensor Tower released the revenue and download rankings for Chinese mobile games in overseas markets for August 2025, highlighting significant growth in the sector [1][2][3][4]. Revenue Growth - Point Cloud Interactive's game "Kingshot" saw a revenue increase of 26% in August, leading the overseas mobile game revenue growth chart, alongside "Whiteout Survival," which surpassed $3.3 billion in total revenue [1]. - Lemon Micro's "Gossip Harbor: Merge & Story" achieved a 14% revenue growth due to a successful anniversary event, securing the third position in the overseas revenue chart [1]. - Florere Game's "Last Z: Survival Shooter" experienced a 27% revenue increase, entering the top five in overseas mobile game revenue for the first time [1]. Notable Game Performances - Thunder Network's "Staff Sword Legend" saw a 74% revenue increase in August, climbing to the 18th position in the revenue rankings [2]. - Point Cloud Interactive's "Tasty Travels: Merge Game" achieved a 30% revenue growth, moving up to the 23rd position [2]. - The international version of "HAIKYU!! FLY HIGH" launched in late July, resulting in a 12.6 times revenue increase, placing it 6th in the revenue growth chart [3]. - "Hot Blood Jianghu: Return" launched in South Korea, with an 11-fold revenue increase, ranking 7th in the growth chart [3]. New Game Launches - NetEase launched "Destiny: Rising," which quickly topped the iOS download charts in the U.S. and entered the growth chart at 10th place within four days of release [4]. - The open-world survival game "Brave Land" topped the download charts in the Taiwan, Hong Kong, and Macau markets, entering the growth chart at 12th place [4]. Download Rankings - Hungry Studio's "Block Blast!" maintained its position as the top downloaded mobile game, with nearly 580 million downloads globally [5]. - Tencent's "PUBG MOBILE" ranked second in the overseas mobile game download chart, while "Whiteout Survival" saw an 11% increase in downloads, moving up to 6th in the revenue chart [6].

Group 1 - The Hong Kong stock market showed volatility on September 11, with the Hong Kong Technology 50 ETF (159750) declining by 1.5%, while major constituents like Xiaomi and JD.com fell over 1% [1] - Southbound capital saw a net inflow exceeding HKD 56.46 billion, indicating strong interest from mainland investors [1] - The A-share market experienced significant gains from June 30 to August 29, with the CSI 300 index rising by 14.66% and the ChiNext index increasing by 36%, while the Hang Seng Index only rose by 3.26% during the same period [1] Group 2 - According to GF Securities, the Hong Kong market tends to perform well in the 12 months following the Federal Reserve's first rate cut, with the Hang Seng Index rising over 48% since September 18, 2024, and the Hong Kong Technology Index increasing by 72% [2] - The expectation of a rate cut by the Federal Reserve is seen as beneficial for A/H assets, enhancing the appeal of Chinese assets, especially in the context of increased liquidity from domestic monetary policy [2] - The Hong Kong Technology 50 ETF tracks the Hong Kong Technology Index, which includes major companies like Alibaba, Tencent, and Meituan, covering various tech sectors such as electric vehicles and artificial intelligence [2] Group 3 - As of September 2, 2023, the net inflow of southbound capital reached approximately HKD 1 trillion, marking a record high since the launch of the Hong Kong Stock Connect in 2014 [2] - In 2023, there has been a significant increase in share buybacks among Hong Kong-listed companies, with 223 companies repurchasing a total of 53.20 billion shares worth HKD 1,225.69 billion [2] - Since late August, the outflow of active foreign capital from the Hong Kong market has decreased, while passive foreign capital inflow has accelerated, with the Hang Seng Index and Hang Seng Technology Index rising by 27.70% and 29.79% respectively this year [2]

Core Viewpoint - The article discusses the contrasting performance of A-shares and Hong Kong stocks, particularly in the context of the AI boom, and explores the potential for Hong Kong stocks to catch up after a period of stagnation [1][2]. Group 1: Factors Affecting Hong Kong Stocks - The Hang Seng Technology Index has seen a cumulative increase of 29.51% and the Hang Seng Index has risen by 29.42% since the beginning of the year, with most gains occurring in the first quarter [1]. - The second quarter saw a shift to a consolidation phase for Hong Kong stocks due to high interest rates from the Federal Reserve, geopolitical disturbances, and a slowdown in foreign capital inflow [2]. - Concerns over the profitability of major internet companies due to intensified competition in the "delivery war" and "subsidy war" have also contributed to the market's cautious sentiment [2]. Group 2: Potential of Hong Kong Stocks - Recent non-farm payroll data from the U.S. was significantly below market expectations, raising the likelihood of a Federal Reserve rate cut, which could positively impact Hong Kong stocks due to their sensitivity to international capital flows [3]. - Historical data indicates that during the last Federal Reserve rate cut cycle (August 1, 2019 - March 16, 2020), the Hang Seng Technology Index outperformed gold, A-shares, and U.S. stocks [3][5]. - The trend in the AI market is shifting from hardware to application, with Hong Kong stocks focusing more on software, which may lead to significant growth in the application sector in the coming years [5]. Group 3: Investment Opportunities in Hong Kong Stocks - The Hang Seng Technology Index includes major Chinese AI assets such as Tencent, Alibaba, Xiaomi, and SMIC, which are expected to benefit from the AI market [5]. - As of September 9, the price-to-earnings ratio of the Hang Seng Technology Index was 22.53, which is below the 27.38% percentile of the past decade, indicating a relatively attractive valuation compared to global tech assets like the NASDAQ 100 [5].

腾讯2025年Q2财报显示，广告业务受益于AI驱动的广告平台改进及微信交易生态的提升，期内营收358 亿元，创历史新高，并实现了连续11个季度双位数增长。 责任编辑：江钰涵 小游戏商业化表现强劲。据介绍，微信小游戏变现收入已连续四年同比增长，玩家规模和时长也维持稳 健上升趋势，"打个螺丝"等小游戏成功爆火出圈。为更好服务小游戏开发者，今年微信广告推出多项广 告组件创新。例如，通过在小游戏激励广告中引入拼图、多图轮播等创新形式，以及倒计时激励、外显 转化数据等多种促进转化、体验优化的形态样式，让用户留存与付费意愿同步提升。2025微信广告生态 合作伙伴大会数据显示，今年8月小游戏变现开发者数量较1月实现双位数增长；1到5月在投小游戏数量 同比增长165%，IAA广告主数量增长190%创新高。纯IAA小游戏的收入占小游戏流量主总广告规模的 比例已达70%，成为变现增长引擎。 小说和微短剧两个赛道的快速增长，也让变现表现亮眼。目前，大量用户已养成在微信小程序内阅读小 说的习惯，这带动众多小说小程序流量主入驻微信小程序，其中不乏阅文集团、中文在线、点众科技等 业内头部书城，更多头部玩家还在持续涌入。内容的变现价值也快 ...

2025年腾讯全球数字生态大会将于9月16-17日在深圳国际会展中心举办。作为本届大会的重要亮点之一， 腾讯地图将在9月17日的专场中首次发布「腾讯地图时空智能开放平台」——盖亚（GAIA），以"地图能 力全栈开放，AI驱动经营增长"为主题，重构时空智能产业生态。 专场议程将从战略与实践两个维度展开。腾讯集团副总裁、智慧出行总裁钟翔平将系统阐释"AI+地图"作 为数字世界基础设施的战略价值，腾讯地图副总裁张治东则将聚焦"地图AI如何为企业降本增效"，带来全 新产业赋能思路。小红书、麦当劳、如祺出行、文远知行、航班管家等企业代表也将登台分享多领域的实 战案例，展示腾讯地图技术在零售、出行、智驾等行业的应用价值与增长潜力。 专场介绍 2025年腾讯全球数字生态大会将于9月16-17日在深圳国 际会展中心举办。本届大会以"智·向远大ASPIRING INTELLIGENCE"为主题,以"云"为载体,更深入地探索 智能,更具远见地布局全球市场,持续不断为全球企业创造更 大价值。 本次，腾讯地图产业应用专场将重磅发布「腾讯地图时空 智能开放平台 | 盖亚(GAIA),通过打造全栈式、产业级的时 空智能开放生态,传递腾讯 ...

（作者 经观智讯） 经济观察网 近日，腾讯"久久公益节"如约而至。今年的"久久公益节"的主题为"我有一朵小红花"，用户 通过 "腾讯公益"小程序，参与公益行动。 作为腾讯官方保险代理平台，腾讯微保已连续六年参与"久久 公益节"。其间，腾讯微保推出用户花积分做好事的活动，用户每使用10积分，即可为"壹基金海洋天堂 计划"中的孤独症儿童的康复训练提供0.1元公益金。我国孤独症人群超千万，背后涉及的家庭照料者超 过2400万。腾讯微保自2021年便携手"壹基金海洋天堂计划"，共同致力于为孤独症儿童及其家庭改善困 境，截至目前，腾讯微保已累计携手近百万网友，为超2000名孤独症儿童提供了帮助。（记者 姜鑫） ...

Core Viewpoint - The Hong Kong stock market is currently experiencing a consolidation phase after a series of rebounds, with major tech stocks showing slight declines, while the Hong Kong Internet ETF continues to attract significant capital inflows [1][3]. Group 1: Market Performance - The Hang Seng Index and Hang Seng Tech Index opened lower, with notable declines in major tech stocks such as Tencent, Alibaba, and Meituan, which fell by over 1% to 3% [1]. - The Hong Kong Internet ETF (513770) saw a price drop of 0.65%, indicating high market interest despite the decline [1]. - The ETF has accumulated a net inflow of 2.77 billion yuan over the past 20 days, reflecting strong investor interest [3]. Group 2: Capital Flows - Southbound capital has been consistently increasing its holdings in Hong Kong stocks, particularly in tech giants like Tencent and Alibaba, with a total net purchase of 33.414 billion HKD in Alibaba over 14 consecutive trading days [3]. - The overall performance of the internet sector's mid-year earnings has been stable, with AI-related companies showing strong revenue and profit growth [3]. Group 3: ETF and Index Performance - The Hong Kong Internet ETF has outperformed the Hang Seng Tech Index by over 10 percentage points in terms of cumulative returns and maximum returns [5]. - The ETF's latest scale has surpassed 10 billion yuan, achieving a historical high, with an average daily trading volume of nearly 600 million yuan [6]. - The top four holdings in the ETF include Xiaomi, Tencent, Alibaba, and Meituan, which collectively account for 54.74% of the fund [4].