洞察用户需求探索数字化转型方向 维多利亚港的风继续吹，咸湿的味道依旧，但与数十年前不同的是，香港街头满眼的红色与"牛头 标"，如今却变了模样，取而代之的是一辆辆中国品牌新能源汽车穿梭其间。 当中国汽车看世界，变成世界汽车看中国，中西文化交融且本土并无汽车产业的香港，不仅是观察 这一历史巨变的最佳切口，而且逐渐成为中国汽车品牌走向世界的"战略支点"和"全球跳板"。而这些在 最近一届香港车博会上得以具象化。 中国品牌汽车和AI服务闪耀香江 6月12日，以"新汽车•新征程"为主题，由中国汽车工业协会等五家机构联合举办的2025 国际汽车及 供应链博览会（香港）（以下简称"香港车博会"）开幕，面向全球展示中国新能源汽车、智能汽车、汽 车供应链管理等领域最新成果。同期，2025国际汽车及供应链（香港）高峰论坛举办，围绕主机厂发展 战略、供应链创新技术优势、供应链金融服务、企业ESG 竞争力等内容，通过专业交流，展现中国汽 车及供应链国际化发展能力。 值得一提的是，2025香港车博会俨然是中国汽车全产业链创新能力的集中展示。比亚迪、吉利、长 安、上汽、小鹏等11家中国汽车制造商，以及宁德时代、地平线等40多家供应商悉数到 ...

136.68亿市值 81.41亿市值 78.70亿市值 17.09 18.42 3.60 +0.05(+0.29%) -0.03(-0.69%) -0.06(-0.32%) 新东方 TALHAR TALHAR 唯品会 葡萄方 75.04亿市值 63.98亿市值 76.52亿市值 10.56 46.79 14.57 -1.19(-2.48%) +0.10(+0.72%) +0.07(+0.62%) 奇富科技 再鼎医药 so 名创优品 zai R 56.48亿市值 55.68亿市值 41.16亿市值 42.00 17.80 37.94 -0.34(-1.87%) -0.97(-2.26%) +1.40(+3.83%) 雾芯科技 金山云 as 汽车之家 25.65亿市值 32.64亿市值 30.32亿市值 11.87 25.59 2.10 -0.50(-4.04%) -0.04(-2.09%) +0.41(+1.61%) 陆金所控股 in 爱奇艺 N.Sim 23.99亿市值 25.12亿市值 16.13亿市值 2.90 9.59 1.68 -0.02(-0.73%) +0.10(+1.11%) +0.01(+0. ...

大事提醒： 6月5日，汽车之家(ATHM)盘中上涨2.03%，截至22:58，报25.1美元/股，成交100.7万美元，总市值29.73 亿美元。 财务数据显示，截至2024年12月31日，汽车之家收入总额70.4亿人民币，同比减少2.01%；归母净利润 16.81亿人民币，同比减少13.13%。 本文源自：金融界 作者：行情君 5月14日，汽车之家将披露2025财年一季报（数据来源于纳斯达克官网，预计披露日期为美国当地时 间，实际披露日期以公司公告为准）。 资料显示，汽车之家(纽约证券交易所股票代码:ATHM;港交所股票代码:2518)是中国领先的汽车消费者 在线服务平台。公司使命旨在用科技驱动持续降低汽车行业决策和交易成本。汽车之家为汽车消费者提 供职业创作内容(OGC)、专业创作内容(PGC)、用户创作内容(UGC)、AI创作内容、全面的汽车车型库 以及广泛的汽车发布信息,涵盖整个购车及用车周期。由于能够接触到庞大且活跃的汽车消费者用户群, 汽车之家已成为汽车制造商及经销商推广广告活动的首选平台。此外,本公司的经销商订阅及广告服务 让经销商能够通过汽车之家的平台营销其库存及服务,将其实体展厅扩展至中国数 ...

BEIJING, June 5, 2025 /PRNewswire/ -- Autohome Inc. (NYSE: ATHM; HKEX: 2518) ("Autohome" or the "Company"), the leading online destination for automobile consumers in China, today announced that it will hold its annual general meeting of shareholders (the "AGM") at 18th Floor, Tower B, CEC Plaza, 3 Dan Ling Street, Haidian District, Beijing, The People's Republic of China on June 27, 2025 at 4:00 p.m. (Beijing time).Holders of record of ordinary shares of the Company at the close of business on June 2, 2025 ...

| 8 | | 京东 | 480.45 | | | --- | --- | --- | --- | --- | | 9 | | 中芯国际 | 422.73 | 1 t | | 10 | | 理想汽车 | 315.35 | 1 t | | 11 | 8 | 快手-W | 297.97 | 2 t | | 12 | Bale Bar | 百度 | 291.83 | | | 13 | | 腾讯音乐 | 274.16 | 11 | | 14 | | 贝壳 | 224.29 | 1 t | | 15 | K | 小鹏汽车 | 193.88 | 1 ↑ | | 16 | | 中通快递 | 136.36 | 3 1 | | 17 | | 蔚来 | 84.92 | 5 1 | | 18 | ◎blob | 時間時 | 76.37 | | | 19 | | 新东方 | 75.58 | 4 1 | | 20 | | 唯品会 | 74.04 | 4 ↑ | | 21 | | 好未来 | 63.52 | 5 1 | | 22 | | 金山软件 | 58.61 | 8 t | | 23 | | 奇富科技 | 57.05 | 8 1 | ...

Summary of the Conference Call on China's Mobile Internet Industry (Q1 2025) Industry Overview - The report focuses on the **Chinese mobile internet industry**, specifically analyzing user behavior and trends in mobile applications and smart screen usage from January 2020 to March 2025 [5][16]. Key Insights 1. **Market Growth and User Trends** - In Q1 2025, the average number of monthly independent devices in the mobile internet sector increased by **2.6% year-on-year**, indicating a stabilization in market demand as the growth momentum shifts from expansion to activation of existing users [13][14]. - The monthly independent device count reached approximately **14.39 billion** in March 2025, with a slight fluctuation in growth rates month-on-month [15]. 2. **User Engagement and Attention** - User engagement metrics show a decline, with the average effective daily usage time per device at **268.0 minutes**, down **3.9% year-on-year**, and the number of daily uses per device at **63.4 times**, down **5.1% year-on-year** [22][24][26]. - This decline reflects a growing competition for user attention, indicating a shift towards a more fragmented user engagement landscape [22]. 3. **Sector Performance** - The top three sectors by penetration rate are **communication and chat**, **aggregated information**, and **lifestyle services**. The **artificial intelligence sector** saw a remarkable growth of **62.7% year-on-year**, becoming the fastest-growing area [18][19]. - Conversely, sectors like **female and child services** experienced negative growth, highlighting increased market competition and demand contraction [18]. 4. **User Behavior Shifts** - As of March 2025, **short video applications** accounted for **29.1%** of total usage time, while **video services** accounted for **8.9%**, reflecting a continued shift towards entertainment content consumption [28][30]. - Communication and information aggregation saw a decline in usage time, indicating a fragmentation in user behavior [28]. 5. **Smart Screen Trends** - The smart screen market reached **339 million devices** in Q1 2025, with an average daily operating time of **361 minutes**, showing a slight increase of **0.44% year-on-year** [36]. - The penetration rate for various usage scenarios, such as **on-demand and live streaming**, is over **50%**, with significant engagement from leading domestic brands [38][40]. Additional Insights - The **food delivery sector** is facing intensified competition, with new entrants like **JD.com** and enhanced services from **Meituan** and **Ele.me** leading to a potential market reshuffle [48][52]. - The **e-commerce sector** is witnessing a steady increase in user engagement, with the average effective daily usage time reaching **23.8 minutes** and usage frequency at **7.5 times** per device [57][62]. - The **tourism and travel sector** experienced a **3.6% year-on-year growth** in Q1 2025, driven by domestic travel recovery and favorable policies [71][73]. This comprehensive analysis highlights the evolving landscape of the Chinese mobile internet industry, emphasizing the need for companies to adapt to changing user behaviors and competitive dynamics.

金十图示：2025年06月02日（周一）热门中概股行情一览（美股收盘） 137.48亿市值 77.12亿市值 79.60亿市值 17.19 3.52 18.45 -0.41(-2.33%) -0.03(-0.71%) +0.15(+0.82%) 新东方 TALHAR 唯品会 唯品会 葡京方 72.93亿市值 61.34亿市值 74.60亿市值 45.62 14.16 10.13 -1.74(-3.67%) +0.38(+2.72%) +0.30(+3.05%) 再鼎医药 | 奇富科技 MN 名创优品 zai 点 55.05亿市值 33.85亿市值 53.76亿市值 31.21 40.94 17.18 -0.16(-0.39%) +0.17(+0.97%) +1.07(+3.55%) 雾芯科技 金山区 nst 汽车之家 30.99亿市值 29.26亿市值 25.04亿市值 11.27 24.70 2.06 +0.18(+0.73%) -0.01(-0.24%) +0.10(+0.90%) 陆金所控股 IOTY) 爱奇艺 G 微博 N.Sim 15.70亿市值 25.00亿市值 23.00亿市值 9.19 2.8 ...

Investment Rating - The report assigns an "Overweight" rating to several companies in the Chinese internet sector, including Ctrip, AutoHome, Tencent, and Alibaba, indicating a positive outlook for their stock performance [5]. Core Insights - The macroeconomic environment in China is showing signs of improvement, fostering a favorable business growth landscape. Consumer confidence is stabilizing, supported by favorable policies, which is creating a more predictable and advantageous economic environment [2]. - The Chinese internet industry appears to be entering the early stages of a new investment cycle, driven by technological advancements, penetration into new market segments, and growth potential in overseas markets. Companies are heavily investing in AI infrastructure, consumer services in international markets, and instant delivery services [2][3]. - Companies are focusing on enhancing digital capabilities, improving user experiences, and developing new business models. This investment cycle is expected to lead to significant growth and improvements in digital infrastructure, enabling companies to provide more advanced and integrated services [2]. Summary by Sections Macroeconomic Environment - The macroeconomic situation is improving, leading to a conducive environment for business growth. Companies are exploring new markets and innovating, with a focus on efficiency and strategic partnerships [2]. AI Integration - Most Chinese internet companies are actively integrating AI into their operations to enhance efficiency and drive innovation. - Alibaba focuses on AI infrastructure for various industries, monetizing through API services and infrastructure [2]. - Tencent is incorporating AI services into its products, enhancing user experience and productivity [2]. - Baidu is investing heavily in AI capabilities and infrastructure, aiming to improve profitability through self-developed chips [3]. - Other companies like Boss Zhipin and Ctrip are also leveraging AI to improve operational efficiency and user experience [4]. International Expansion - Chinese internet companies are intensifying efforts to introduce their services to global markets, leveraging domestic expertise and sunk costs to meet overseas consumer demands. - Ctrip is expanding its hotel and flight booking services in Asia and Europe [4]. - Alibaba is pursuing overseas expansion through strategic investments in e-commerce across Europe, the Middle East, and South Korea [4]. - Baidu plans to expand its autonomous taxi services globally, focusing on infrastructure and regulatory compliance [4].

136.20亿市值 88.05亿市值 76.81亿市值 17.03 3.89 46.97 0.00(0.00%) -0.05(-1.32%) -0.54(-1.14%) MINI 名创优品 SOU 60 07亿美 陈国际城 唯品会 唯品会 CD Latible 75.61亿市值 69.07亿市值 76.47亿市值 18.30 22.08 14.69 +0.07(+0.41%) +0.24(+1.70%) +1.31(+6.31%) 好未来 金山区 # 0 ) 奇富科技 TAL 好未来 37.28亿市值 66.64亿市值 58.55亿市值 11.01 43.55 13.56 +0.17(+1.52%) +1.03(+2.43%) +0.05(+0.37%) 再鼎医药 陆金所控股 =2 汽车之家 zai- the com 25.57亿市值 35.18亿市值 29.68亿市值 2.95 32.43 25.06 -0.16(-0.49%) +0.34(+1.38%) +0.01(+0.34%) 雾芯科技 m | 老虎证券 RELX 24.61亿市值 23.84亿市值 15.75亿市值 9.53 2.02 8.95 + ...

金十图示：2025年05月16日（周五）热门中概股行情一览（美股盘中） 149.53亿市值 92.06亿市值 79.59亿市值 107.40 4.07 48.67 +1.64(+1.55%) +0.07(+1.88%) -0.16(-0.33%) 降層降暖 TALHAR 好未来 唯品会 的比较 77.44亿市值 79.33亿市值 63.55亿市值 18.98 15.04 10.49 +1.24(+6.99%) +0.54(+3.72%) +0.34(+3.30%) 金山区 So 名创优品 C ) 奇富科技 63.27亿市值 61.78亿市值 37.20亿市值 20.23 44.03 13.53 -0.55(-2.62%) -0.18(-0.41%) +0.25(+1.88%) 再鼎医药 陆金所控股 asza 汽车之家 zal-ab the may 26.09亿市值 32.74亿市值 30.39亿市值 30.18 25.66 3.01 +1.44(+4.99%) -0.09(-0.35%) +0.09(+3.08%) 雾芯科技 tom 爱奇艺 RELX 21.22亿市值 18.30亿市值 24.31亿市值 1. ...