智通财经APP讯，快手-W(01024)发布公告，于2025年12月18日斥资8021.93万港元回购123.5万股。 ...

格隆汇12月18日丨快手-W(01024.HK)公告，12月18日耗资8021.9万港元回购123.5万股，回购价格每股 64.35-65.6港元。 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 快手科技（於開曼群島註冊成立以不同投票權控制的有限公司） 呈交日期： 2025年12月18日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | | 不同投票權架構公司普通股 | | 股份類別 B | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | | 01024 | 說明 | | | | | | | 多櫃檯證券代號 | | 81024 | RMB 說明 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | ...

12月18日，受美股科技股集体下挫影响，港股今日维持低位震荡走势，截止收盘，恒生指数涨0.12%报 25498.13点，恒生科技指数跌0.73%报5418.29点，国企指数跌0.02%报8841.51点，红筹指数跌0.26%报 4049.62点。 盘面上，大型科技股走势分化，阿里巴巴跌1.3%，京东集团跌0.09%，小米集团跌2.47%，网易涨 0.67%，美团涨0.1%，快手涨0.23%，哔哩哔哩涨0.26%；航空股延续涨势，东方航空涨超7%；煤炭股 午后走强，汇力资源涨超9%；锂电池股跌幅居前，宁德时代跌超3%；新消费概念股走弱，名创优品跌 超3%；其他股票中，舜宇光学科技跌超1%；曹操出行跌超12%，恒大物业跌超9%，中国中免跌超 5%；上海复旦涨超7%，招金矿业涨超6%。 企业新闻 远大医药(00512.HK)：自主研发的重磅全球创新放射性核素偶联药物 GPN01530 在美国获批开展临床研 究。 和谐汽车(03836.HK)：附属iCar Group Limited可能通过引入新投资者开展进一步股权融资，涉资4000万 美元。 中国中车(01766.HK)：集团及下属企业近三个月合计签订约533.1 ...

Core Insights - Douyin has upgraded its batch infringement reporting tool, allowing users to report up to 2,000 instances of infringement at once via a PC website, addressing user pain points in reporting difficulties and inefficiencies [1][2][5] - The tool supports various infringement scenarios, including portrait rights, privacy rights, personal reputation rights, corporate reputation, and copyright, enhancing user efficiency in protecting their rights [1][7] - This upgrade follows a previous feature launched in May that prevents the spread of similar infringing content, further reducing the cost of repeated reporting for users [1][7] User Experience Improvements - The new batch reporting tool simplifies the reporting process, allowing users to copy and paste links in one go, significantly reducing the complexity compared to the previous method of reporting multiple items individually [2][5] - Users can track the progress of their reports in real-time, with a detailed history of submissions, including types of infringement, descriptions, submission times, and current statuses, which helps avoid duplicate reports [3][4] Legal and Operational Efficiency - Legal professionals have noted that the upgraded tool saves significant time by providing clear visibility into submission times and processing statuses, transforming the reporting process from "blind waiting" to "precise control" [5] - The platform aims to enhance its rights protection system in response to the evolving landscape of online infringement, addressing issues like trademark counterfeiting and damage to corporate reputation more effectively [7] Future Developments - Douyin plans to continue iterating on the batch reporting tool based on user feedback, aiming to further simplify the reporting process and reduce the costs associated with online rights protection [7]

受隔夜美股科技股下挫影响，12月18日，港股再度低开向下，恒生科技指数跌逾1%。科网龙头多数回 调，截至发稿，小米集团-W下跌3%，阿里巴巴-W、快手-W跌逾1%，腾讯控股、美团-W跟跌。 重仓互联网龙头的港股互联网ETF（513770）场内价格现跌0.95%，盘中持续宽幅溢价，显示买盘资金 积极吸筹。上交所数据显示，港股互联网ETF（513770）近10日连续吸金，合计获资金净流入逾11亿 元。 分析认为，近期港股反复调整，主要受到多重因素影响，包括海外流动性担忧、年底资金获利了结、南 向资金流入速度放缓以及12月的解禁高峰等。市场在震荡中寻找方向。 随着科技龙头的回调深入，机构总体对年后港股修复预期较高，提示当下左侧布局机会。银河证券表 示，流动性宽松环境叠加政策利好，港股有望震荡上行。科技板块仍是中长期投资主线，经历前期调整 后估值回落，在多重利好因素提振下，有望反弹回升。 提醒：近期市场波动可能较大，短期涨跌幅不预示未来表现。请投资者务必根据自身的资金状况和风险 承受能力理性投资，高度注意仓位和风险管理。 数据来源：沪深交易所等。中证港股通互联网指数近5个完整年度的涨跌幅分别为：2020年， 109. ...

港股科网股盘初多数下挫，小米集团(01810.HK)、比亚迪股份(01211.HK)跌超2%，阿里巴巴(09988.HK) 跌1.8%，快手(01024.HK)、美团(03690.HK)开跌近1%。 本文源自：金融界AI电报 ...

Summary of Key Points Core Viewpoint - A total of 40 companies, including Tencent Holdings and Kuaishou, conducted share buybacks on December 17, 2025, with Tencent leading in both the number of shares repurchased and the total amount spent [1][2]. Group 1: Buyback Details - Tencent Holdings (00700) repurchased 1.057 million shares for a total of 636 million [2]. - Kuaishou-W (01024) repurchased 1.283 million shares for a total of 83.037 million [2]. - Other notable companies include Geely Automobile (00175) with 2.316 million shares repurchased for 38.6146 million, and China COSCO Shipping Holdings (01919) with 2.8575 million shares for 38.613 million [2]. Group 2: Cumulative Buyback Data - Tencent's cumulative buyback reached 93.586 million shares, accounting for 1.018% of its total share capital [2]. - Kuaishou's cumulative buyback was 11.2787 million shares, representing 0.263% of its total share capital [2]. - China Feihe (06186) had a significant cumulative buyback of 239 million shares, which is 2.638% of its total share capital [2]. Group 3: Other Companies' Buyback Performance - Companies like Country Garden Services (06098) and Mindray Bio-Medical Electronics (02367) also participated, with buybacks of 3.697 million and 0.4 million shares respectively [2]. - Noteworthy is the buyback percentage of Kangchen Pharmaceutical (01681) at 15.953%, indicating a strong commitment to returning value to shareholders [2]. - The buyback activities reflect a broader trend among companies to enhance shareholder value amid market conditions [1][2].

Investment Rating - The report maintains a "Recommended" rating for the media and internet industry [1] Core Viewpoints - The media and internet industry is driven by performance and AI empowerment, with a focus on core assets in the Hong Kong internet sector and AI applications [3][4] - The report highlights the stable supply in the film industry and the recovery of the box office, with significant growth in ticket sales [16][20] - The gaming sector shows strong performance with an increase in both client and mobile game revenues, driven by dual-end interaction [57][58] - The advertising market is showing steady growth, with a notable increase in spending across various sectors [3][4] Market Review - In November 2025, the media industry index rose by 1.69%, outperforming the Shanghai and Shenzhen 300 index, which fell by 2.46% [5][6] - The media sector's performance varied, with advertising marketing up by 9.68% and the gaming sector down by 0.94% [10][12] Sub-industry Data Tracking Film Industry - The national box office for November 2025 reached 3.553 billion yuan, a year-on-year increase of 89.29% and a month-on-month increase of 36.03% [16][20] - The top film, "Zootopia 2," generated a box office of 1.731 billion yuan, accounting for 54.2% of the monthly total [23] Gaming Industry - The domestic gaming market's actual sales revenue in October 2025 was 31.359 billion yuan, a year-on-year increase of 7.83% [57] - Client games showed a strong performance with revenues of 7.227 billion yuan, up 29.4% year-on-year [58] Advertising Industry - The overall advertising market expenditure increased by 4.3% year-on-year in the first ten months of 2025, with a significant rise of 10.6% in October [3][4]

12月17日恒生指数上涨0.92%，报收25468.78点，全天南向资金通过港股通渠道合计净买入79.09亿港 元。 证券时报•数据宝统计，12月17日港股通全天合计成交金额为796.24亿港元，成交净买入79.09亿港元。 具体来看，沪市港股通成交金额455.02亿港元，成交净买入22.18亿港元；深市港股通成交金额341.22亿 港元，成交净买入56.91亿港元。 成交活跃股方面，沪市港股通前十大成交活跃股中，阿里巴巴-W成交额为30.01亿港元，成交金额居 首；其次是长飞光纤光缆、腾讯控股，成交金额分别为20.20亿港元、14.40亿港元。以净买卖金额统 计，紫金矿业净买入额为3.58亿港元，净买入金额居首，该股收盘股价上涨1.82%。净卖出金额最多的 是中国海洋石油，净卖出3.85亿港元，收盘股价下跌0.20%。 深市港股通前十大成交活跃股中，成交额居首的是阿里巴巴-W，成交金额25.57亿港元；其次是腾讯控 股、小米集团-W，成交金额分别为20.65亿港元、14.33亿港元。以净买卖金额统计，有9只股为净买 入，净买入金额最多的是小米集团-W，净买入8.89亿港元，该股收盘上涨0.78%。净卖出金额 ...