继周一下跌之后，港股市场今日（12月16日）再度大幅收低。 截至收盘，恒生指数报收于25235.41点，下跌393.47点，跌幅1.54%。 | 分时 5日 = 5分 15分 30分 60分 图K 周K 月K 年K = 日程225 均线 > | | | 11 = 11 = 11 = 日 = 11 = 日 = 41 = 111 | | | | | --- | --- | --- | --- | --- | --- | --- | | | +-52636.87 | 00000 | | 49383.29 **** | | + | | | | 52000 | | 行情报价 | | | | | | | | 成交盟 一 最高 | 50051.24 今月 | 50055.24 | | | | 51000 0 | | 成交顿 + ■6 | 49355.87 11-6 | 50168.11 | | | | | | 【世和歌 | | | | | | | | | 即 84 | 原材 | | | | 49000.0 | | 美元幅度 | 08.24 | -0.04% | | | | | | 重慶斯 | 48416.56 | -0.0 ...

| 排名 | 公司 | | 开发者账号 | 主要应用 | 排名趋势 | | --- | --- | --- | --- | --- | --- | | | 山 字号跳动 | 字节跳动 | 10 | | ▶ 0 | | 2 | | 欢聚集团 (NASDAQ:YY) | 36 | | ▶ 0 | | | | 美图(HK:01357) | 11 | | - 1 | | 4 | | 睿琪软件 | 10 | | ~ 1 | | 5 | | 赤子城科技(HK:09911) | 23 | | 42 | | 6 | | TP-LINK | 5 | | ▼ 1 | | 7 | INTSIC | 合合信息 (SH:688615) | 9 | | ▼ 1 | | 8 | iOIY | 爱奇艺(NASDAQ:IQ) | 22 | | -2 | | 9 | | 畅读科技 | 11 | | ▼1 | | 10 | 可以上 | 行吟科技 | 2 | | ▼ 1 | | 11 | Tencent | 腾讯 (HK:00700) | 151 | | ▶ 0 | | 12 | | 点众科技 | 5 | 起出 | ▶ 0 | | 13 | InS ...

12月16日，哔哩哔哩（以下简称"B站"）宣布，2025bilibili跨年晚会正式进行品牌升级，推出"我们的跨 年夜"特别企划。今年，B站的跨年内容将进一步拓展，升级为一个线上、线下联动的综合性跨年盛 典，为年轻人提供更具参与感与沉浸感的跨年体验。 除了晚会内容之外，B站将继续联动全国10座城市，打造"跨年干杯夜"线下系列活动，为用户提供线下 欢聚的跨年场所。今年的干杯夜将通过线下大屏幕，实时联动10城现场。用户可在线下观看跨年晚会内 容，并参与签到领取许愿币、零点"下雪"仪式等现场活动，真正实现打破地域限制，异地跨屏共庆。数 据显示，去年B站干杯夜活动，参与人次累计达到2000万。 据了解，B站今年的跨年晚会将延续一贯以交响乐打底、影漫游多元IP创意策划的特色形式，展现当代 青年流行文化的变化与趋势。本届跨年晚会阵容更具全球化视野，邀请来自美国、加拿大、法国、芬 兰、非洲等全球多个国家及地区的知名艺术家、表演者共同参与。 数据显示，2024年B站跨年晚会的直播人气峰值达到 3.46亿，晚会播出的24小时内，总播放量破1亿， 累计弹幕数近40万，相关内容二创投稿播放量也达到1.35亿。B站的跨年晚会已成为年 ...

(3) 自主可控的弹性标的：阿里巴巴、百度集团、中芯国际、华虹半导体 (4)AI弹性标的：快手、哔哩哔哩、金蝶国际、地平线机器人、小鹏汽车、阅文集团、网易、舜宇光学 科技、优必选 财通证券郝艳辉发布互联网年度策略报告，认为寻找下一个有短期或者长期业绩预期差、或者AI进展 可能有惊喜的标的，是2026年的核心任务。 在操作建议上，该报告认为，恒生科技价值投资是主线。基于前面对恒生科技指数的判断和产业的判 断，叠加港股分母端带来的波动性，以及可做空机制带来的操作空间，操作的关键在于选到基本面真正 优秀且可持续性发展能力的标的。 2026年，以下标的值得关注： (1) 当前在底部或股价还在调整、且2026年基本面有很大可能反转的标的：美团、小米集团(布局下一款 车)、比亚迪电子 (2)赚EPS收益+EPS或超预期带来估值提升机会的标的：腾讯控股、携程集团、京东健康、联想集团 (5) 有潜力的小市值公司：浪潮数字企业、心动公司、汇量科技 个股推荐理由： 重点标的观点展望：快手、哔哩哔哩、地平线机器人、小鹏汽车、舜宇光学科技、优必选 重点优质中小市值标的观点展望：浪潮数字企业、汇量科技 腾讯控股：研究框架与要点，为什么 ...

Core Insights - The article discusses the evolving landscape of new media platforms and their user engagement trends, highlighting the growth in active users and usage duration by 2025 [4][5][6]. User Engagement and Demographics - By October 2025, the active user base of typical new media platforms is projected to reach 1.149 billion, with an average monthly usage time of 3367.5 minutes, reflecting year-on-year growth of 7.3% and 5.4% respectively [5]. - Platforms like Weibo, Xiaohongshu, and Bilibili show a significant concentration of users under 30 years old, with respective proportions of 58.6%, 54.2%, and 66.5%, while Douyin and Kuaishou have 22.2% and 22.6% of users aged 51 and above [5][6]. Multi-Platform Usage - A notable trend is the combination usage of multiple platforms, with 39.8% of users engaging with three or more new media platforms, particularly among users under 30 (54.2%) and those from first and new first-tier cities (31.6%) [6]. Content Quality and User Attention - The article emphasizes that the growth in user engagement is increasingly driven by content quality and algorithmic recommendations rather than just user base expansion [18]. - New media platforms are focusing on enhancing user attention through improved content quality and technology, leading to deeper user participation [13][18]. Competitive Landscape - The competitive landscape among platforms is stabilizing, with distinct user demographics and content strategies emerging. Platforms are shifting from broad traffic competition to focusing on unique ecological characteristics and user engagement [30][32]. - The rise of AI content and tools is reshaping user engagement, with a 9.9 percentage point increase in AI-related content penetration among users by October 2025 [34][36]. Monetization Strategies - New media platforms are entering a phase of strategic deepening in monetization, with hard advertising revenues leading the way. The unique characteristics of each platform are shaping differentiated advertising models [48][50]. - Soft advertising is becoming a significant revenue stream, with brands selecting platforms based on their marketing goals, reflecting the alignment of KOL income with platform content and user expectations [54]. Local Business Integration - Platforms are increasingly integrating local businesses into their ecosystems, transitioning from rapid growth to a more stable phase in local merchant numbers [63].

新浪科技讯 12月16日上午消息，哔哩哔哩（以下简称"B站"）宣布，2025bilibili跨年晚会正式进行品牌 升级，推出"我们的跨年夜"特别企划。据介绍，今年，B站的跨年内容将进一步拓展，升级为一个线 上、线下联动的综合性跨年盛典。 新浪科技讯 12月16日上午消息，哔哩哔哩（以下简称"B站"）宣布，2025bilibili跨年晚会正式进行品牌 升级，推出"我们的跨年夜"特别企划。据介绍，今年，B站的跨年内容将进一步拓展，升级为一个线 上、线下联动的综合性跨年盛典。 本届跨年晚会阵容更具全球化视野，邀请来自美国、加拿大、法国、芬兰、非洲等全球多个国家及地区 的知名艺术家、表演者共同参与。除晚会内容之外，B站将继续联动全国10座城市，打造"跨年干杯 夜"线下系列活动。 数据显示，2024年B站跨年晚会的直播人气峰值达到 3.46亿，晚会播出的24小时内，总播放量破1亿， 累计弹幕数近40万，相关内容二创投稿播放量也达到1.35亿。 责任编辑：江钰涵 本届跨年晚会阵容更具全球化视野，邀请来自美国、加拿大、法国、芬兰、非洲等全球多个国家及地区 的知名艺术家、表演者共同参与。除晚会内容之外，B站将继续联动全国10 ...

本次活动的一个重要共识是：国潮品牌要实现高质量发展，必须构建完善的品牌防护体系。 图为走访上海缙嘉研发中心 主办方供图 走访活动结束后，召开"科研赋能国潮·创新正向传播"交流会。参会企业代表、媒体代表、平台代表、 行业专家围绕"科研如何赋能国潮品牌""媒体如何赋能国潮品牌""国潮品牌如何做好创新正向传播""如 何为国潮品牌的健康发展保驾护航"等议题展开交流分享。 图为走访哔哩哔哩 主办方供图 中新网12月15日电 12月12日，中网联网络传播专委会(以下简称：专委会)"科研赋能国潮·创新正向传 播"主题活动在上海顺利举行，专委会秘书处、专委会成员单位代表、中央新闻单位和中央重点新闻网 站代表、行业专家、企业代表等二十余人参加。 本次活动中，人民日报社新媒体中心、新华社新媒体中心、新华网、央视网、中国日报网、中国青年 网、光明网、央广网、中国新闻网、法治网等十家中央媒体单位，共同走访哔哩哔哩、上海缙嘉集团等 企业。 在交流环节，网络不实信息对国货品牌的侵害成为焦点议题。缙嘉集团代表坦言，遭遇网络不实信息困 扰，网络谣言不仅影响企业声誉，也动摇企业健康经营的根基。 相关媒体代表提出专业建议："企业应当善用民营经济 ...

Investment Rating - The report maintains an "Outperform" rating for the media industry [3] Core Insights - The media sector outperformed the market in November, with the Shenwan Media Index rising by 1.69%, surpassing the CSI 300 Index by 4.14 percentage points, ranking 7th among 31 industries [4][20] - The number of game approvals reached a new high, with 178 domestic games and 6 imported games approved in November, contributing to a total of 1,625 game approvals from January to November, a year-on-year increase of 26.8% [4][28] - The gaming market revenue in October was 31.4 billion yuan, a year-on-year growth of 7.8%, driven by strong product cycles from leading companies [4][32] Summary by Sections Market and Industry Review - The media sector's performance in November was strong, with a 1.69% increase in the Shenwan Media Index, outperforming the CSI 300 Index [4][20] - The current TTM-PE for the Shenwan Media Index is 42.6x, positioned at the 82.2% percentile over the past five years [20][26] Gaming - The number of game approvals in November was the highest in three years, with a total of 178 domestic and 6 imported games approved [28] - The gaming market revenue in October was 31.4 billion yuan, with mobile gaming revenue at 22.6 billion yuan, reflecting a year-on-year growth of 2.4% [32] - The overseas revenue for Chinese self-developed games reached 1.799 billion USD in October, marking an 11.9% year-on-year increase [41] Film and Television - The total box office in November reached 3.553 billion yuan, a year-on-year increase of 89.3%, primarily due to the success of "Zootopia 2" [49] - The top five films in November included "Zootopia 2," which grossed over 2.2 billion yuan within nine days of release [60] - The drama market saw high viewership, with "The Tang Dynasty Mysteries" leading with 1.5 billion views [67] AI Applications - The report highlights advancements in AI video models, including the launch of the O1 video model by Keling AI, which allows users to generate videos from text prompts [79] - PixVerse V5.5 was released, enabling the creation of multi-angle narrative videos [84] - Google's Gemini 3 Pro and Nano Banana Pro were launched, showcasing significant improvements in AI capabilities [91] Investment Recommendations - The report suggests focusing on the gaming sector's new product cycles and AI applications, recommending companies such as Giant Network, G-bits, and K-Game Network [96] - The December investment portfolio includes Giant Network, K-Game Network, Bilibili, and HuiLiang Technology [7]

1. 哔哩哔哩-W第四季度业绩预期怎么样？ 截至2025年12月15日，根据朝阳永续季度业绩前瞻数据： 预测公司Q4一致预期营业收入78.74~89.58亿元，同比增长1.8%~15.8%； 预测公司Q4一致预期净利润1.18~7.24亿元，同比增长31.7%~704.7%； 预测公司Q4一致预期经调整净利润3.52~8.97亿元，同比变动-22.3%~97.9%。 关注后续财报数据披露后能否超预期，朝阳永续港股季度业绩前瞻数据将为投资者提供业绩鉴定。 | 机构简称 | | 天营业收入 上大 同比 | | 净利润 | 同比 | 经调整净利润 | 同比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 卖方预测区间 | | 78.74~89.58 | 1.8%~15.8% | 1.18~7.24 | 31.7%~704.7% | 3.52~8.97 | -22.3%~97.9% | | 平均数 | - | 81.78 | 5.7% | 3.99 | 343.6% | 7.43 | 64.1% | | 中位数 | | 81.49 | 5.4% | 4.22 ...

智通财经APP讯，哔哩哔哩-W(09626)发布公告，于2025年12月15日，公司根据第二次经修订及重述 2018年股份激励计划向集团147名选定员工(其中2名为执行董事)授出合共201.48万份限制性股份单位， 代表同等数目的Z类普通股及占于本公告日期公司已发行股份总数约0.49%(按一股一票基准计算)。 ...