Core Viewpoint - Weibo (WB.US) shares rose 4.7% in pre-market trading, reaching $11.81, following a report from Citigroup indicating that Weibo's Q2 2025 performance exceeded expectations, with revenue growth of 1.6% year-over-year to $444.8 million, surpassing Citigroup's forecast by 2% and market consensus by 1.5% [1] Financial Performance - Weibo's adjusted net profit for Q2 2025 is projected at $143 million, exceeding Citigroup's expectations by 10% and market consensus by 20% [1] - Citigroup raised Weibo's target price from $12 to $14, maintaining a "Buy" rating due to attractive valuation and potential upside from improvements in AI search products and monetization capabilities [1] Stock Performance - The closing price on August 21 was $11.28, with a pre-market price of $11.81 on August 22 [1] - The stock's 52-week high is $11.965, and the 52-week low is $6.296, indicating significant price movement over the past year [1] - The total market capitalization of Weibo is approximately $2.762 billion [1]

Core Viewpoints - The preliminary guidance for 2025 indicates a conservative profit margin expectation of 30% Non-GAAP OPM, with growth guidance deemed reasonable. Key variables for 2025 include AI efficiency improvements, changes in customer acquisition strategies, and macroeconomic recovery [1][3] - The recent quarter's profit exceeded expectations primarily due to a one-time recovery of bad debts, while the revenue outlook for the second half of the year remains cautious, indicating a phase of waiting for catalysts [1][3] Financial Performance - In Q2 2025, the company reported revenue of $445 million, a year-on-year increase of 2% and a quarter-on-quarter increase of 12%, outperforming seasonal trends. Advertising revenue reached $380 million, also up 2% year-on-year and 13% quarter-on-quarter. Value-added services (VAS) revenue was $60 million, down 2% year-on-year but up 14% quarter-on-quarter [1] - The company's MAU for Q2 2025 was 588 million, a year-on-year increase of 0.9% and a quarter-on-quarter decrease of 0.5%, slightly above market expectations. DAU stood at 261 million, up 2.0% year-on-year and flat quarter-on-quarter [1] - Non-GAAP operating profit for Q2 2025 was $162 million, a year-on-year increase of 2.6%, with a Non-GAAP operating profit margin of 36.4%. Non-GAAP net profit attributable to shareholders was $143 million, up 14.5% year-on-year, with a net profit margin of 32.2% [1] Market Outlook - The management's outlook for the second half of the year indicates pressure on the 3C digital, gaming, and FMCG sectors, primarily due to extended replacement cycles and high base effects from the upcoming 2024 Olympics. Overall revenue may see a slight decline, but the company maintains its full-year profit margin guidance of 30% Non-GAAP OPM due to cost control [2] - AI is beginning to show effects on advertising, with contributions already factored into the guidance. AI has contributed to 10% of the platform's advertising materials and has slightly improved eCPM by less than 10% [2] - The AI tool "Robert" enhances user interaction, increasing the interaction rate per thousand views, which supports the health of the content ecosystem. The AI smart search MAU has surpassed 50 million, up 67% quarter-on-quarter, which is expected to gradually improve user penetration in the coming quarters [2]

据悉，OPPO Find N5系列/OPPO Find N3系列/OPPO Find X8系列/OPPO Find X7系列/OPPO Find X6系 列/OPPO Reno14系列/OPPO Reno3系列/OPPO Reno2系列/OPPO K13系列/OPPO K12系列/OPPO A5系列/ 一加 13T/一加 13/一加 12/一加 Ace5系列/一加 Ace3系列将陆续支持微博ProXDR照片显示功能。此功能 需要系统版本和"微博"应用适配，需将系统版本升级为 ColorOS 15，微博应用升级为15.8.3及以上。 凤凰网科技讯 8月21日，OPPO官宣通过软件更新推出全球首个微博ProXDR照片显示功能，该功能可显 著提升照片画质，增强视觉沉浸感。用户在使用搭载ColorOS 15系统的OPPO手机拍摄HDR照片后，在 微博平台分享时可呈现超清HDR画质。 ...

Core Viewpoint - Zhao Lusi's recent cancellation of her Weibo account has sparked significant reactions among fans, leading to the emergence of a market for self-made "Zhao Lusi Weibo books" that compile her past posts [1][2]. Group 1: Market Response - Following the cancellation of Zhao Lusi's Weibo account, a series of "Zhao Lusi Weibo books" have been promoted on various social media platforms, containing all her posts from 2015 to 2025 [2]. - The promotional strategy for these books emphasizes the completeness of the content, appealing to fans who wish to preserve their memories of Zhao Lusi [2][4]. - There has been a strong response from netizens, with many inquiring about prices and purchasing methods for these Weibo books [4]. Group 2: Sales and Pricing - Sellers of the Weibo books have not publicly listed prices, opting instead to engage in private discussions with interested buyers [6]. - One seller claims to have compiled all of Zhao Lusi's posts into six volumes, pricing each volume at 39 yuan, with a bundled price of 220 yuan for all six [8]. Group 3: Legal Considerations - Legal experts have indicated that the sale of these Weibo books without Zhao Lusi's permission constitutes a violation of her copyright, as her posts are protected under copyright law [8][10]. - The unauthorized sale of these books may also infringe on Zhao Lusi's portrait rights if they include her images [10]. - Potential legal consequences for infringers include the obligation to cease infringement, eliminate negative impacts, apologize, and compensate for damages [10].

Group 1 - Shunde Rural Commercial Bank has issued a statement denying any authorization or delegation to illegal loan intermediaries or individuals for handling loan business [1][3] - The bank clarifies that it does not charge any additional fees related to loan services, except for those published on its official website and fees mandated by government regulations [1][3] - The bank emphasizes its commitment to transparency, integrity, and public service in its loan processing [3] Group 2 - A blogger previously claimed to have received a reduced loan amount through an intermediary, alleging a connection between the intermediary and the bank's customer manager [3] - The bank has responded to these claims, stating that the video's content is false and has initiated legal action against the individual [3] - The bank encourages customers to report any suspicious intermediaries or requests for additional fees, reinforcing its policy against unethical practices among its employees [3]

8月20日，新东方集团董事长俞敏洪发微博表示，@周成刚 老周的澳洲名校探访之旅即将启程，敬请期 待！ 疑似再辟谣周成刚相关传闻。 此前，有市场传闻称，新东方集团CEO、俞敏洪长期搭档周成刚涉嫌通过关联交易侵占上市公司利益， 已被监管部门立案调查。 新东方集团发布声明：网传首席执行官（CEO）周成刚"涉嫌通过关联交易侵占上市公司利益，已被监 管部门立案调查"，此消息纯属造谣。 新东方创始人俞敏洪回应新浪科技称：彻底的谣言。 相关传言让东方甄选股价尾盘跳水。截至8月19日港股收盘，东方甄选（1797.HK）港股报收34.32港 元，跌20.89%，此前一度上探至近两年高位53.7港元，涨幅超23.5%。 对此，8月19日，周成刚、俞敏洪、东方甄选、新东方集团纷纷发声辟谣。 新东方集团CEO周成刚晚间在网络社交平台发布视频表示，"下午在出差路上，刚在香港回北京的飞机 上，一下飞机就看到很多匪夷所思的消息，公司已经辟谣了，都是造谣，录个小视频，再和大家问候一 声。" 东方甄选也发布官方微博表示：针对谣言，我司已启动报警和司法流程，对于这样的不法行为，我们将 一追到底。 责任编辑：李思阳 ...

Core Viewpoint - The video editing software industry is experiencing explosive growth driven by the rapid development of the internet and digital media, with significant demand from both traditional film production companies and emerging short video platforms [1][14]. Industry Overview - Video editing software is categorized into professional and consumer-grade software, with professional software like Adobe Premiere Pro and Final Cut Pro used in film and broadcasting, while consumer-grade software like Windows Movie Maker and iMovie caters to personal users [3]. - The market size of China's video editing software industry was 22 billion yuan in 2019 and is projected to grow to 52 billion yuan by 2024, with a compound annual growth rate (CAGR) of 18.8% [1][14]. Market Dynamics - The short video industry in China reached a market size of over 300 billion yuan in 2023, with a projected growth to 345.17 billion yuan in 2024, reflecting an 8.6% year-on-year increase [12]. - The demand for video editing software is expected to continue expanding due to the rapid growth of short video and live streaming industries, as well as increasing user demand for high-quality video content [1][14]. Competitive Landscape - The video editing software market features a diverse competitive landscape with numerous products such as Jianying, Kuaishou, InShot, and others, each catering to different user needs [16]. - Companies are increasing R&D investments to enhance product quality and service levels in response to intensifying market competition [16]. Policy Environment - The Chinese government has implemented various policies to support the healthy development of the video editing software industry, including initiatives to promote the creation of popular micro-short dramas and enhance content quality [5][7]. Industry Trends - The industry is expected to see increased automation and intelligence in video editing software, driven by advancements in AI technologies such as facial recognition and object tracking [22]. - There will be a greater emphasis on cross-platform compatibility, allowing video editing software to operate seamlessly across different operating systems and devices [23]. - The industry is likely to diversify beyond traditional sectors like film and advertising into emerging fields such as gaming, animation, and education, creating broader market opportunities [25].

Core Insights - AI search is emerging as a key competitive area among global tech giants, with Weibo recognizing its potential early on [1][2] - Weibo's Q2 2025 earnings report shows total revenue of $444.8 million, approximately 3.2 billion RMB, and adjusted operating profit of $161.8 million, about 1.16 billion RMB, exceeding Wall Street expectations [1][3] - The stock price of Weibo surged by 11.28% in the US market and over 11% in Hong Kong following the earnings announcement, reaching a new high since November 2023 [1][3] - Weibo's AI-driven intelligent search, Weibo Zhiso, has shown significant growth, with over 50 million active users in June [1][3][10] Growth Potential - Weibo Zhiso's monthly active users grew significantly, with a compound growth rate of 41.7% in the first half of 2025, ranking second among top applications [3][12] - The integration of AI search is expected to enhance user experience and engagement, potentially increasing the platform's core operational metrics [11][12] - Weibo aims to leverage its content ecosystem to differentiate its AI search capabilities, enhancing user satisfaction and retention [7][8] Market Positioning - The evolution of search from keyword matching to AI-driven understanding of user intent marks a significant shift in the industry [4][5] - Weibo's content community provides a unique advantage in data quality and timeliness, essential for AI training and user engagement [6][7] - The integration of Weibo Zhiso with existing features like trending topics creates a synergistic effect, enhancing user understanding of complex information [15][16] Commercialization Strategy - Weibo Zhiso is positioned as a core product for driving the next phase of growth, moving beyond traditional advertising models to a diversified approach [11][12] - The AI search tool is expected to facilitate a new revenue model by integrating advertising with service and data offerings [12][13] - The platform's ability to provide structured answers rather than just links enhances its value proposition in the competitive landscape [10][11] User Engagement - Weibo Zhiso aims to lower the barriers for users to understand complex topics, transforming the user experience from passive information consumption to active inquiry [15][16] - The tool's design allows for the presentation of diverse viewpoints on contentious issues, potentially improving the quality of community discussions [16][17] - By creating a dynamic knowledge repository, Weibo Zhiso seeks to enhance user loyalty and engagement on the platform [25][26]

Core Viewpoint - Weibo (WB.US) reported better-than-expected Q2 earnings, leading to a pre-market increase of over 2.2% to $11.81 per share [1] Financial Performance - Revenue for Q2 increased by 1.6% year-over-year to $444.8 million [1] - Adjusted net profit for the quarter was $143 million [1] Analyst Reactions - Citigroup raised its target price for Weibo from $12 to $14, maintaining a "Buy" rating, citing attractive valuation and potential upside from AI search products and monetization improvements [1] - Credit Lyonnais increased its adjusted net profit forecasts for Weibo by 3% and 2% for the next two years, respectively, and raised its target price from $8.8 to $11.5, upgrading its rating from "Hold" to "Outperform" [1]

罗永浩在微博预告，罗永浩首个深度长谈播客将于8月19日中午12点上线，第一期播客栏目嘉宾是理想汽车CEO李想。 他表示，李想在播客节目"罗永浩的十字路口"中为你总结全球最成功的企业模式，揭露它们最反常识、最反人性、最离谱的秘密，明天中午12点，你不是跟 巴菲特午餐，但胜似跟巴菲特午餐，而且免费。 凤凰网科技讯 8月18日，产品经理罗永浩微博改名为@罗永浩的十字路口，同时换了头像，其微博原来名字叫"罗永浩·钮钴禄"。 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容的准确性、可靠性或完整性提供任何明 示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱：news_center@staff.hexun.com 罗永浩日前官宣入驻B站，其视频播客节目《罗永浩的十字路口》将于8月19日上线。 罗永浩称，该节目每一期都是3-5个小时的深度交流，内容涉及科技人文、世界时代等，尤其是AI和人类命运的十字路口。 ...