每经AI快讯，8月6日，香港交易所信息显示，摩根大通在哔哩哔哩-W的持股比例于08月01日从14.44% 升至14.94%。 ...

金融界8月6日消息，上证指数低开高走，中证香港300休闲指数 (H300休闲，H30329)报3078.60点。 数据统计显示，中证香港300休闲指数近一个月上涨6.81%，近三个月上涨15.53%，年至今上涨 19.31%。 资料显示，指数样本每半年调整一次，样本调整实施时间分别为每年6月和12月的第二个星期五的下一 交易日。权重因子随样本定期调整而调整，调整时间与指数样本定期调整实施时间相同。在下一个定期 调整日前，权重因子一般固定不变。特殊情况下将对指数进行临时调整。当样本退市时，将其从指数样 本中剔除。样本公司发生收购、合并、分拆等情形的处理，参照计算与维护细则处理。 本文源自：金融界 作者：行情君 从中证香港300休闲指数持仓的市场板块来看，香港证券交易所占比100.00%。 从中证香港300休闲指数持仓样本的行业来看，休闲服务占比41.56%、数字媒体占比39.23%、文化娱乐 占比11.80%、酒占比6.30%、营销与广告占比1.11%。 据了解，中证香港300行业主题指数系列从中证香港300指数样本中选取银行、运输、资源、基建、物流 和休闲等行业主题上市公司证券作为指数样本，以反映香港市场不同 ...

Summary of Conference Call Notes Industry Overview - The conference call discusses the outlook for digital media companies in China, specifically focusing on Kuaishou, Tencent Music Entertainment (TME), Bilibili, and Baidu. - The second quarter of 2025 (2Q25) is expected to show continued growth momentum in video and music platforms, with livestreaming GMV recovering from lows, while Baidu's Search continues to lose market share [1][2]. Company-Specific Insights Kuaishou (TP raised to HK$85) - Kuaishou is projected to achieve 4-5% platform growth, with a resumption of GMV growth for e-commerce and continued CPM growth, indicating revenue acceleration into the second half of the year [2][19]. - Tracker data shows a 20% acquisition in 2Q, suggesting a full-year number higher than the previous $100 million forecast [2]. - The target price (TP) has been raised to HK$85 based on a 13x forward multiple, reflecting improved long-term earnings expectations [7][19]. Tencent Music Entertainment (TP raised to $25) - TME is expected to deliver results that modestly beat estimates, with strong QoQ ARPU growth of approximately 10% [3][41]. - The focus is on future plans, particularly the potential synergies from the Ximalaya acquisition, which could create a new phase for the stock [3][41]. - The TP has been raised to $25, reflecting a three-year synergy creation roadmap worth at least $5 per share [7][41]. Bilibili (TP set at $28) - Bilibili is expected to have inline results with continued CPM improvement and strong MAU growth, but limited content monetization and a slow gaming cycle may hinder strong upside [4][9]. - The focus for the second half of the year will be on game commentary and potential revenue from upcoming releases [4]. Baidu (TP set at $90) - Baidu's results are expected to disappoint, with further downward revisions to Search revenue due to the removal of ad space and lack of monetization efforts [5][8]. - The company is shifting focus to video ads, but there are concerns about their effectiveness given the current consumer mind share [5]. Key Financial Metrics - Kuaishou's revenue is projected to grow approximately 11.5% in 2025, with a non-GAAP operating profit expected to improve by 25% YoY [10]. - TME's revenue is expected to show around 15% growth, with a focus on ARPU uplift and synergies from the Ximalaya deal [10]. - Bilibili's revenue is anticipated to grow in the high teens, while Baidu's revenue is expected to decline by a low single digit percentage [10]. Additional Insights - Kuaishou's MAU has improved, with a mid-single-digit YoY increase, driven by new downloads and stable retention rates [22][23]. - TME's core user base remains stable, but competition from other music platforms is increasing, leading to a decline in less engaged users [44]. - The advertising revenue growth for Kuaishou is strongest in categories like education, local services, and mini-dramas, with some categories seeing growth rates of 20-35% YoY [30][32]. Conclusion - The digital media landscape in China is showing signs of growth, particularly for Kuaishou and TME, while Baidu faces challenges in monetizing its Search product. - The focus for the second half of 2025 will be on product development and monetization strategies across these platforms, with varying degrees of success anticipated.

Group 1 - The Nasdaq China Golden Dragon Index declined by 0.56% on August 6 [1] - Most popular Chinese concept stocks experienced a downturn, with notable exceptions [1] - Xpeng Motors and Bilibili saw gains of over 2%, while Baidu and NIO dropped by more than 2% [1]

格隆汇8月5日丨哔哩哔哩-W(09626.HK)公告，董事会将于2025年8月21日举行董事会会议，藉以（其中 包括）批准截至2025年6月30日止三个月及六个月的未经审计财务业绩及第二季度及半年度业绩公告。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表 任何聲明，並明確表示概不會就本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何 責任。 Bilibili Inc. 嗶哩嗶哩股份有限公司 （於開曼群島註冊成立以不同投票權控制的有限責任公司） （股份代號：9626） 董事會會議日期及 刊 發 2025 年第二季度及 半年度未經審計財務業績公告日期 我們的董事會將於2025年8月21日（星期四）（香港時間）舉行董事會會議，藉以（其中包括） 批准我們截至2025年6月30日止三個月及六個月的未經審計財務業績（「第二季度及半年 度業績」）及第二季度及半年度業績公告。我們將於2025年8月21日（星期四）下午六時正 （香港時間）或前後於香港聯合交易所有限公司網站www.hkexnews.hk公佈第二季度及半 年度業績。 所有與會者須於電話會議召開前使用上文提供的鏈接完成在線註冊程序。註冊後，各與 會者將收到一組用以參與電話會議的與會者撥入號碼及個人密碼。 此外，電話會議的網上直播可於我們的投資者關係網站http://ir.bilibili.com獲取 ...

-Earnings Call Scheduled for 8:00 a.m. ET on August 21, 2025- SHANGHAI, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Bilibili Inc. ("Bilibili" or the "Company") (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced that it will report its second quarter 2025 unaudited financial results on Thursday, August 21, 2025, before the open of U.S. markets. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on August ...

| 130.280↑+2.970 +2.33% | | 收盘价 08/04 15:59 | | --- | --- | --- | | 133.140 ↑ 2.860 +2.20% | | 盘前价 08/05 04:24 | | 三 24 24 4 5 8 8 目 ♥ 10 | | ● 快捷交 | | 最高价 131.720 | 开盘价 131.500 | 成交量 53.67万 | | 最低价 130.280 | 昨收价 127.310 | 成交额 7011.57 | | 平均价 130.654 | 市盈率 TM 18.61 | 总市值 824.93亿 | | 辰 幅 1.13% | 市盈率(静) 20.35 | 总股本 6.33亿 | | 鱼手率 0.15% | 市净率 4.116 | 流通值 457.06亿 | | 62周最高 141.450 委 比 88.68% | | 流通股 3.51亿 | | 62周最低 74.171 | 量 比 0.85 | 色 主 1股 | | 历史最高 141.449 股息TTM 2.569 | | 换股比率 5.00 | | 方史最低 -1.546 | 股息率ITM 1.9 ...

8月5日，恒生互联网ETF（513330）盘中震荡，涨近0.5%，成分股中，心动公司涨超24%，东方甄选涨 超16%，网龙、地平线机器人、哔哩哔哩跟涨。 （文章来源：每日经济新闻） 7月30日，重磅会议顺利召开，明确提出"必须把因地制宜发展新质生产力摆在更加突出的战略位置"， 同时对"反内卷"的表述温和。 港股龙头互联网企业资本开支和云业务收入同步强劲增长。当前AI产业发展正进入从1-100的快速扩张 阶段，DeepSeek加速AI平权进程，港股互联网龙头AI商业化应用加速落地。从各大互联网巨头和三大 运营商不断加码云与AI基础设施投资可见，AI正成为推动云增长的核心动力。 在"反内卷"政策导向与AI产业快速发展的双重提振下，互联网企业的发展势头愈发强势。聚焦互联网龙 头企业与新消费的恒生互联网ETF（513330）有望进一步走出亮眼行情。 年内行情诞生背景主要是以AI为代表的产业变革加速演进，随着DeepSeek大模型全面开源，标志着中 国AI技术跻身全球第一梯队。根据Artificial Analysis综合多项性能基准的全球排行榜中，中国AI大模型 整体表现与美国前沿模型相当，其中DeepSeek-R1 ...

Group 1 - The core point of the article highlights the strong performance of mobile gaming stocks in the Hong Kong market, driven by the earnings surprise from Xindong Company, which saw its stock price surge over 24% [1] - Xindong Company expects revenue for the first half of 2025 to be no less than 3.05 billion yuan, representing a year-on-year growth of approximately 37%, and a net profit of no less than 790 million yuan, indicating a year-on-year increase of about 215% [1] - The report from the China Audio-Video and Digital Publishing Association indicates that the domestic gaming market's actual sales revenue for the first half of 2025 is projected to reach 168 billion yuan, a year-on-year growth of 14.08%, marking a historical high [1] Group 2 - The stock performance of various mobile gaming companies includes IGG rising nearly 10%, Chuangmeng Tiandi and Zhongshouyou increasing over 6%, and Feiyu Technology up by 4% [2] - The latest market capitalization figures show Xindong Company at 34.826 billion yuan, IGG at 5.323 billion yuan, and Chuangmeng Tiandi at 2.138 billion yuan, among others [2] - The total number of domestic gaming users reached 679 million, also a historical high, reflecting the growing engagement in the gaming sector [1]