Core Insights - Kuaishou's Keling AI has launched the Ketu 2.1 model, significantly enhancing image generation capabilities across various dimensions including instruction adherence, portrait aesthetics, cinematic quality, and text generation effects [1][7] Image Quality and Features - The Ketu 2.1 model has achieved notable breakthroughs in image quality, with improvements in clarity, richness of elements, and realism of details, particularly in portrait aesthetics [2] - The model can accurately capture complex instructions and details, producing clear images that reflect intricate scenes, such as a volcanic eruption or cinematic settings [3] Text Generation and Creative Flexibility - The text generation feature has been enhanced to produce clear and aesthetically pleasing Chinese and English text, facilitating the creation of marketing materials like posters and album covers [5] - The model supports over 180 styles, covering various artistic techniques and materials, thus broadening creative expression and catering to diverse artistic needs [7] User Engagement and Performance Metrics - Keling AI has iterated the Ketu model over 20 times in just over a year, evolving into a multimodal creative production platform that integrates AI capabilities in images, videos, and audio [7] - The platform has generated a total of 344 million images and 168 million videos, showcasing its strong technical capabilities in the image generation field [7] - To promote user engagement, Keling AI is offering a free trial of the Ketu 2.1 model's image generation features to all members from July 10 to July 17 [1][7]

文 | 《BUG》栏目 徐苑蕾 7月9日，华语乐坛天王周杰伦正式入驻抖音，账号名为"周同学"，认证信息为"歌手"。尽管尚未发布任 何作品，但截至当晚十点半，账号粉丝数已接近850万。这一现象级涨粉速度再次印证了周杰伦作为"国 民级IP"的号召力。 有知情人告诉《BUG》栏目，双方的合作其实并未涉及任何签约费。另有娱乐营销行业人士表示，双 方未来或涉及流量资源置换，此外平台有能力促成明星品牌代言、综艺冠名等商业合作。但该说法未得 到抖音方面证实。 在此前，快手是周杰伦开通的首个中文社交媒体账号，该账户签名至今还写着"全网唯一，只在快手"。 一位接近周杰伦团队的消息人士透露，"与快手的合作早已到期"，这意味着，快手这个拥有4848万粉丝 的账户或将不再运营。而随着周杰伦官宣入驻抖音，快手很可能将面临大量粉丝流失的风险。 实际上，快手正面临着用户增长疲软与利润下滑压力，2025年一季度，快手净利润同比减少3.4%，月 活用户环比下降2400万。这场顶流争夺战背后，短视频平台的流量焦虑与生态博弈已浮出水面。 2020年，抖音也曾与杰威尔音乐达成合作，获得周杰伦歌曲片段和MV片段的授权。另外，有媒体报道 援引相关人士消 ...

1、行情 市场集体小幅冲高回落的一天。 题材方面，人形机器人板块整体高开低走，恒工精密（20CM炸）、宁波华翔（炸）、大丰实业（T）、长华集团（T）一字板，中大力德、龙溪 股份、景兴纸业等开盘涨停但均炸板，均普智能、富临精工、卧龙电驱、鼎智科技等均大幅高开或大幅冲高，但都走出高开低走的表现； 军工板块早盘迎来大幅反弹，但最终呈现冲高回落走势，佳力奇（20CM炸）、巨力索具、贵航股份（炸）涨停，华强科技、北方导航、晨曦航 空、内蒙一机、长城军工等上午均集体脉冲； 短剧概念上午迎来走强，欢瑞世纪涨停，中文在线涨超10%，ST中青宝、百纳千成、掌阅科技、幸福蓝海等集体大涨； 期货概念局部大涨，南华期货、越秀资本、永安期货（炸）涨停，瑞达期货、中粮资本、中科金财等均盘中大涨； 此外，玻纤、PCB、国企重组等概念均有局部强势表现，有色、周期等跌幅居前。 截至收盘，沪指、深成指分别微跌0.13%、0.06%，创业板指微涨0.16%，市场超3300股下跌，1800余股上涨。 看着下午的单边回落，我总感觉不少人在心里又默默和牛市say goodbye了，感觉是近几周以来的第三次了…… 2、周杰伦概念股 今天全市场最靓的仔，莫 ...

Group 1: Hang Seng Index - Investors are pessimistic about the Hang Seng Index returning to 24,000, expecting a drop to 23,500 points, with a high chance of bearish certificates overnight [1] - The closing price remains below the Bollinger Bands, indicating a cautious outlook with a higher probability of further decline [1] - Support is at 23,553 points and resistance at 24,300 points, with expected fluctuations between these levels [1] Group 2: Bilibili-W (09626.HK) - Investors are eyeing entry points at 167 and 171 HKD, with some believing the stock has peaked [3] - The stock price dropped by 2.19%, while put options yielded good returns, indicating a shift in investor sentiment [3] - Current buy/sell signals show 13 buy and 4 sell, suggesting a cautiously optimistic outlook with resistance levels at 183.8 and 190.1 HKD [3] Group 3: GCL-Poly Energy (03800.HK) - The stock has broken through 1.2 HKD, with a high of 1.27 HKD today, indicating a positive trend [6] - The primary signal remains "buy," with resistance levels at 1.29 and 1.48 HKD, suggesting potential for further observation [6] Group 4: Hong Kong Exchanges and Clearing (00388.HK) - All moving averages are showing a downward trend, leading to a long-term bearish outlook with targets set at 350 HKD [9] Group 5: SMIC (00981.HK) - Low trading volume is noted, with expectations of a drop to 38-40 HKD [12] - Current signals indicate a "buy" sentiment, with support at 42.3 HKD and resistance at 47.1 and 50.6 HKD [12] Group 6: Kuaishou-W (01024.HK) - The stock has broken through previous highs, with a strong probability of surpassing 68.9 HKD [14] - Some investors are holding call options with an exercise price of 72.05 HKD, while others are taking profits [14]

Core Viewpoint - Douyin has successfully attracted Jay Chou, marking a significant shift in the competition for celebrity resources among short video platforms, particularly against Kuaishou [11][12]. Group 1: Douyin's Strategy and Impact - Douyin's announcement of Jay Chou's arrival has generated significant buzz, with his account already amassing 4.13 million followers before posting any content [4][6]. - The competition for Jay Chou's presence highlights Douyin's willingness to invest heavily to break Kuaishou's exclusive hold on the star, with reports suggesting a nine-figure signing fee, although this has been denied by Douyin [5][6]. - Douyin's strategy includes leveraging celebrity influence to enhance user engagement and drive traffic, as seen in past collaborations with other stars [7][8]. Group 2: Kuaishou's Previous Engagement with Jay Chou - Kuaishou previously secured Jay Chou's partnership through extensive negotiations, resulting in exclusive rights to his music and content, which significantly boosted their platform's traffic [6][8]. - Despite the initial success, Kuaishou struggled to create broader engagement beyond its own ecosystem, limiting the impact of Jay Chou's presence [6][9]. Group 3: Industry Dynamics and Future Prospects - The competition for celebrity resources among platforms like Douyin, Kuaishou, Bilibili, and WeChat Video will intensify, as celebrities bring substantial traffic and commercial value [8][9]. - The entry of Jay Chou into Douyin is expected to reshape the landscape of short video platforms, shifting the focus from quantity to quality in celebrity partnerships [12][16]. - Douyin's user base is significantly larger, with over 1 billion monthly active users compared to Kuaishou's 573 million, giving it a stronger negotiating position [15][16]. Group 4: Jay Chou's Broader Business Influence - Jay Chou's entry into Douyin is not just about content; it also ties into his broader business ventures, including the "Giant Star Legend" company, which capitalizes on his IP for various consumer products [17][18]. - The potential for new music releases and merchandise sales through Douyin could further enhance the platform's appeal and revenue generation [18].

Core Insights - The report highlights the growing trend of live-streaming job recruitment in the blue-collar sector, driven by digital technology and public service integration, with significant potential for employment services [1][3] - The online recruitment market globally has reached a scale of billions, with an expected annual compound growth rate of 15% over the next decade [1][3] - The live-streaming recruitment model has emerged as a key strategy for companies to reduce hiring costs and improve employee retention rates [3][6] Industry Developments - The blue-collar workforce faces challenges such as low efficiency in supply-demand matching and high recruitment costs, prompting a shift towards digital recruitment solutions [3][6] - Companies like GoerTek and Meituan have adopted live-streaming as a regular recruitment method, significantly increasing their outreach to potential employees in lower-tier cities [5][6] - The government has recognized the importance of live-streaming technology in employment services, with initiatives launched as early as July 2020 to promote live-streaming recruitment [5][6] Technological Innovations - Kuaishou's "Kuaipin" service has rapidly scaled, with over 2.5 billion users seeking job opportunities monthly and nearly 550,000 live-streaming sessions conducted in 2023 [6][8] - The platform is leveraging AI technology to enhance recruitment efficiency, including features like intelligent dialogue and precise filtering of job seekers [8][12] - The introduction of the "live-streaming recruitment specialist" profession reflects the growing recognition of this new job category, with over 400,000 individuals engaged in live-streaming recruitment [6][8] Market Impact - Live-streaming recruitment has improved efficiency in the hiring process and addressed structural employment issues, becoming a new digital recruitment product following traditional methods [7][12] - The model allows for real-time interaction and precise matching between job seekers and employers, breaking geographical and temporal barriers [7][12] - Various regions in China are innovating in live-streaming recruitment practices, with collaborations between government, third-party agencies, and educational institutions to enhance service delivery [10][11]

Core Viewpoint - The article emphasizes the growing trend of live-streaming job recruitment in the blue-collar sector, highlighting its potential to enhance employment services through digital technology integration [1][3]. Summary by Sections Live-streaming Job Recruitment Development - The "2024 Live-streaming Job Recruitment Development Report" indicates that live-streaming recruitment is a significant innovation in the integration of digital technology and public services, with a notable increase of 20% in new users in the blue-collar online recruitment sector [1]. - The global online recruitment market has reached a scale of 100 billion, with an expected annual compound growth rate of 15% over the next decade [1]. Challenges in Blue-collar Recruitment - Blue-collar workers face challenges such as low efficiency in supply-demand matching and high recruitment costs for employers [3]. - The decreasing supply of blue-collar labor due to a shrinking working-age population has made recruitment and retention difficult for many employers [3]. Impact of Live-streaming on Recruitment Costs - The introduction of live-streaming recruitment has significantly reduced recruitment costs for employers and decreased the "7-day turnover rate" in the industry [3]. - Companies like GoerTek and Meituan have integrated live-streaming into their recruitment strategies, with Meituan reaching thousands of potential employees in lower-tier cities [3]. Government Support and Industry Growth - The government has recognized the importance of live-streaming technology in employment services, with initiatives launched as early as July 2020 [4]. - By 2023, over 2.5 billion users were seeking job opportunities through live-streaming platforms, with nearly 5.5 million live-streaming recruitment sessions conducted [4]. New Job Roles and Market Dynamics - The introduction of the "live-streaming recruitment specialist" role has created over 400,000 new positions, reflecting the growing importance of this recruitment method [5]. - Live-streaming recruitment has improved efficiency in the recruitment industry and addressed structural employment issues [7]. Innovations in Public Employment Services - Various regions have implemented innovative practices in live-streaming recruitment, such as collaborations between government, third-party organizations, and educational institutions [8]. - The use of AI technology in recruitment services is being explored to enhance efficiency and improve job matching [7]. Academic Perspectives on Live-streaming Recruitment - Experts suggest that live-streaming recruitment represents a new employment model in the digital economy, addressing information asymmetry and connecting local labor markets into a national network [9]. - The digitalization of recruitment is expected to drive significant changes in the employment and intermediary markets, enhancing job seekers' access to information and improving employer visibility [10].

Core Viewpoint - Kuaishou's Q1 2025 earnings report shows overall revenue in line with expectations, with overseas business operations turning profitable for the first time, achieving a revenue of 32.6 billion yuan, a year-on-year increase of 11% [1] Business Segments - E-commerce: Kuaishou's Q1 e-commerce GMV reached 332.3 billion yuan, up 15% year-on-year, with active buyers reaching 135 million and a penetration rate of 19.0%. The platform supports small and medium-sized businesses, with a 25% increase in active sellers year-on-year [2] - Advertising: Q1 advertising revenue grew by 8% year-on-year, with significant growth in content consumption and local life sectors. AI-driven advertising material generation reached an average of 30 million yuan daily, indicating potential acceleration in ad revenue growth in the second half of the year [2] - Live Streaming: Q1 live streaming revenue was 9.8 billion yuan, up 14% year-on-year. User growth and algorithm optimization contributed to a 7% increase in total traffic, with daily active users (DAU) at 408 million, up 4% year-on-year [2] Keling AI - Kuaishou's Keling AI 2.0 model, set to launch in April 2025, is positioned as a global leader in generative AI technology, achieving a score of 1201 in the Arena ELO benchmark test. The model supports multi-modal input for video generation, enhancing its competitive edge in the market [3]

Market Overview - On July 8, the Hang Seng Index rose by 1.09%, closing at 24,148.07 points, with a net inflow of HKD 387 million through the southbound trading channel [1] - The total trading volume for the southbound trading on July 8 was HKD 113.64 billion, with a net buying of HKD 387 million [1] Southbound Trading Details - In the Shanghai-Hong Kong Stock Connect, the trading volume was HKD 74.44 billion with a net selling of HKD 23.8 million, while the Shenzhen-Hong Kong Stock Connect had a trading volume of HKD 39.21 billion with a net buying of HKD 625 million [1] - The most actively traded stock in the Shanghai-Hong Kong Stock Connect was Guotai Junan International, with a trading amount of HKD 1,002.40 million [2] - Alibaba-W and Meituan-W followed, with trading amounts of HKD 295.44 million and HKD 263.50 million, respectively [2] Net Buying and Selling Analysis - In terms of net buying, Meituan-W led with a net inflow of HKD 92.32 million, closing with a price increase of 2.69% [1] - The stock with the highest net selling was the Tracker Fund of Hong Kong, with a net outflow of HKD 98.10 million, while it closed up by 1.15% [1] - In the Shenzhen-Hong Kong Stock Connect, Alibaba-W had the highest net buying of HKD 55.61 million, closing up by 1.52% [2] - The stock with the highest net selling in this segment was Hang Seng China Enterprises, with a net outflow of HKD 54.45 million, closing up by 1.30% [2] Active Stocks Summary - The top ten actively traded stocks in the southbound trading included Guotai Junan International, Alibaba-W, and Tencent Holdings, with respective trading amounts of HKD 1,002.40 million, HKD 295.44 million, and HKD 186.60 million [2] - The daily price changes for these stocks varied, with Guotai Junan International showing a significant increase of 28.54% [2]

Market Overview - On July 8, the Hang Seng Index rose by 1.09%, with southbound funds totaling HKD 113.64 billion in trading volume, comprising HKD 57.01 billion in buying and HKD 56.63 billion in selling, resulting in a net buying amount of HKD 0.39 billion [1] Southbound Trading Activity - The southbound trading through Stock Connect (Shenzhen) recorded a total trading volume of HKD 39.21 billion, with net buying of HKD 0.63 billion, while the Shanghai Stock Connect saw a total trading volume of HKD 74.44 billion, resulting in a net selling of HKD 0.24 billion [1] - The most actively traded stock by southbound funds was Guotai Junan International, with a total trading volume of HKD 135.61 billion, followed by Alibaba-W and Meituan-W with trading volumes of HKD 46.17 billion and HKD 36.77 billion respectively [1] Net Buying and Selling Analysis - Among the stocks with net buying, Alibaba-W led with a net buying amount of HKD 14.11 billion, closing up by 1.52%, followed by Meituan-W with HKD 11.31 billion and China Construction Bank with HKD 3.94 billion [1] - The stock with the highest net selling was the Tracker Fund of Hong Kong, with a net selling amount of HKD 9.81 billion, while Tencent Holdings and Hang Seng China Enterprises experienced net selling of HKD 6.22 billion and HKD 5.45 billion respectively [1] Continuous Net Buying Stocks - Three stocks have seen continuous net buying for more than three days, with SMIC leading at 13 days, followed by China Construction Bank at 4 days and Guotai Junan International at 3 days [2] - The total net buying amount for SMIC was HKD 77.95 billion, followed by China Construction Bank with HKD 12.43 billion and Guotai Junan International with HKD 5.90 billion [2]