Core Viewpoint - The article discusses the emergence of "ghost accounts" on Bilibili (B站) that have no profile pictures and post numerous videos, leading to a significant reduction in ads when these accounts are blocked by users [1][5][18]. Group 1: Ghost Accounts and Their Impact - Users have discovered that blocking these ghost accounts, such as "9772b388-e7", can significantly reduce the number of ads displayed on the platform [5][7]. - The accounts are characterized by random letter combinations and lack any content, yet they are linked to a large volume of video posts [1][3]. - The phenomenon has been confirmed by tech influencers, indicating a potential flaw in Bilibili's ad delivery system [5][6]. Group 2: User Methods to Block Ads - Users can block these accounts by navigating to their settings and adjusting privacy settings to manage personalized ad recommendations [9][10]. - Specific steps include disabling personalized ad recommendations and clearing local cache to enhance the effectiveness of ad blocking [12][13]. - Alternative methods suggested by users include changing the app's language settings to traditional Chinese or English to reduce ad visibility [23]. Group 3: Bilibili's Response and Advertising Strategy - Following the viral spread of the ad-blocking method, Bilibili has made it difficult to search for these accounts directly on the homepage [7]. - Bilibili's revenue model heavily relies on advertising, with Q2 2025 financial data showing that advertising revenue accounted for 33% of total income, a slight increase from the previous quarter [18][20]. - The company plans to enhance its advertising strategy through AI-driven ad placements and improved recommendation algorithms to better target user interests [20].

Core Viewpoint - The Hang Seng Technology Index fell over 2.8%, while the Hang Seng Index dropped more than 1.7%, indicating a significant downturn in the technology sector and broader market [1] Company Performance - Bilibili experienced a decline of over 5% in its stock price [1] - Tencent Music, Xiaopeng Motors, and Kingsoft also saw declines exceeding 4% [1]

Core Viewpoint - The large-cap technology stocks in Hong Kong are experiencing a general decline, with significant drops in several key companies [1] Group 1: Stock Performance - Bilibili (09626.HK) has fallen over 5% [1] - Tencent Music (01698.HK) and JD Health (06618.HK) have both decreased by more than 4% [1] - Baidu (09888.HK), Kuaishou (01024.HK), and Alibaba (09988.HK) have all seen declines exceeding 3% [1]

Market Overview - The S&P 500 index fell by 1.17% to 6771.55 points, the Nasdaq Composite dropped by 2.04% to 23348.64 points, and the Dow Jones Industrial Average decreased by 0.53% to 47085.24 points, indicating a market adjustment amid concerns over high valuations [1] Company Performance - Palantir, a leading AI application stock, saw its shares decline by 7.94% despite reporting earnings that exceeded expectations and raising its performance guidance. The stock has quadrupled in value over the past year, becoming a symbol of the "AI bubble" [2] - Nvidia's stock fell by 3.96%, while other major tech stocks like Apple and Microsoft experienced mixed results, with Apple rising by 0.37% and Microsoft dropping by 0.52% [7] Investor Sentiment - Investor confidence was further shaken by Michael Burry's disclosure of purchasing put options on Palantir and Nvidia, which raised concerns among retail investors [5] - The retail investor preference index compiled by Goldman Sachs dropped by 3.6%, approximately three times the decline of the S&P 500 index, reflecting a challenging day for day traders [5] Market Predictions - BTIG's chief market technician, Jonathan Krinsky, indicated that the S&P 500 has not tested the 50-day moving average since April, currently around 6654 points, and suggested potential declines to the 6400-6500 point range due to extreme market divergences [5] - Goldman Sachs and Morgan Stanley executives expressed concerns about a potential market pullback of 10% to 20% over the next 12 to 24 months, with Morgan Stanley's CEO suggesting that a 10%-15% correction would be welcome if not driven by macroeconomic factors [5] Broader Market Trends - Similar to the U.S. stock market, commodities, including oil and gold, experienced declines, with Bitcoin dropping nearly 6% and Ethereum falling over 10% in the cryptocurrency market [6] - The Nasdaq China Golden Dragon Index fell by 2.05%, with notable declines in Chinese stocks such as Alibaba down 2.02% and JD.com down 2.93% [8]

Market Overview - US stock markets experienced a decline, with major indices such as the Nasdaq down 2.04%, S&P 500 down 1.17%, and Dow Jones down 0.53% [2] - Large tech stocks faced significant losses, including Intel down over 6%, Tesla down over 5%, and Nvidia down over 3% [2] - The cryptocurrency market saw Bitcoin drop below $100,000, with a minimum price of $99,600, reflecting a 6.5% decline [2] Economic Indicators - Wall Street executives expressed concerns about a potential major correction in the US stock market, with estimates of a 10% to 20% decline [1] - The US government is facing an extended shutdown, with the current situation expected to surpass the previous record of 35 days [1] Commodity Market - Gold prices fell sharply, with spot gold down 1.67% to $3,934.06 per ounce, and COMEX gold down 1.71% to $3,945.30 per ounce [2] - Silver and copper also experienced declines, with silver down 1.72% to $47.11 per ounce [2] - International oil prices saw slight decreases, with WTI crude oil down 0.8% to $60.56 per barrel [2] Agricultural Sector - The US soybean export volume is projected to decrease significantly, with a forecasted export of approximately 4.96 million tons for 2025, a substantial drop from the previous year [4] - Exports to China have notably declined, with only 593,000 tons exported in the first eight months of 2025, down nearly 80% from 2.68 million tons in the same period of 2024 [4] Precious Metals Market - Analysts suggest that gold and silver prices are currently in a consolidation phase after a significant drop from historical highs, driven by profit-taking and reduced expectations for interest rate cuts by the Federal Reserve [5][6] - The recent tax policy changes regarding gold transactions are expected to impact market dynamics, potentially leading to increased selling pressure from companies holding large amounts of physical gold [7][8] - The new tax regulations aim to guide gold trading towards more regulated markets, enhancing transparency and efficiency [8]

Market Overview - On November 4, global financial markets experienced significant declines, with major U.S. indices all closing lower: Dow Jones down 0.53%, S&P 500 down 1.17%, and Nasdaq down 2.04%, losing nearly 500 points [1] - The Toronto 300 index fell by 1.64%, while Brazil's IBOVESPA and Mexico's MXX saw minor declines of 0.08% and 0.18% respectively [2] Technology Sector - Major technology stocks faced widespread losses, with Intel dropping over 6%, Tesla down more than 5% (losing approximately $80.2 billion in market value), and Nvidia falling over 3% (losing about $199 billion in market value) [2] - Other tech giants like Google and Amazon also saw declines, while Apple experienced a slight increase [2] Chinese Stocks - The Nasdaq Golden Dragon China Index fell by 2.05%, with several Chinese stocks like Xiaoma Zhixing down nearly 10% and Futu Holdings down over 7% [2] Global Indices - The FTSE A50 futures index dropped by 0.24%, while European indices also fell: Euro Stoxx 50 down 0.27%, CAC 40 down 0.52%, and DAX 30 down 0.6% [3] - In Asia, the Seoul Composite Index fell sharply by 2.4%, and the Nikkei 225 dropped by 1.7% [3] Commodities - International precious metals futures saw declines, with COMEX gold futures down 1.81% to $3941.30 per ounce and silver down 2.40% to $46.90 per ounce [4] - Oil prices also fell slightly, with WTI crude oil futures down 0.8% to $60.56 per barrel and Brent crude down 0.69% to $64.44 per barrel [4] Cryptocurrency Market - The cryptocurrency market faced a significant downturn, with Bitcoin dropping over 7% and briefly falling below $100,000, while Ethereum saw a 14% decline [5] - Over 469,000 traders were liquidated in the past 24 hours, with total liquidations amounting to $2.025 billion [6] Economic Concerns - The U.S. government shutdown has reached 35 days, impacting various sectors including aviation, food assistance, and healthcare [6] - Analysts express concerns over the high valuations in the tech sector, particularly following a significant drop in AI-related stocks like Palantir, despite the company reporting record revenues [7] - Warnings have been issued regarding potential risks in the market, including high government debt, overvalued stock prices, and excessive private debt [7]

Core Viewpoint - Bilibili denies the claim that users can block ads by blacklisting specific users, stating that this information is false [1] Summary by Relevant Sections - **User Claims and Reactions** - Some users reported that blacklisting certain users resulted in not seeing splash ads, which sparked discussions online [1] - **Company Response** - Bilibili's customer service clarified that the phenomenon is related to the app's splash screen preloading mechanism and is not directly linked to user blacklisting [1] - The company urged users to approach unverified online rumors with caution and emphasized their commitment to optimizing product experience [1]

Core Viewpoint - The Shanghai Pavilion at the 8th China International Import Expo showcases the theme "AI Empowerment, Cultivating New Consumption," highlighting innovations in the construction of an international consumption center city through intelligent presentations and sustainable design [2]. Group 1: Brand Story - The "Brand Story" section focuses on brand economy and the launch economy, emphasizing the internationalization of local brands and the debut of international brands, showcasing how commercial brands contribute to the quality upgrade of the consumption sector [5]. - Notable exhibits include the "Blooming Secret Realm" jewelry from the century-old brand Lao Feng Xiang, which previously impressed at Milan Fashion Week [5]. - The pavilion features a dialogue and collaboration between Chinese and international brands, including LEGO's skyline exhibit of Shanghai [11]. Group 2: Consumption Innovation - The "Consumption Innovation" section addresses trends in personalized, emotional, and health-related consumption, showcasing AI's role in enhancing service and digital consumption [15]. - The "Silver Economy" area features a home care robot developed by Zhineng Technology [15]. - The "Children's Economy" area displays AI toys designed for emotional regulation and educational companionship, such as the Fuzozo doll and the chess-playing robot from SenseTime [17]. - The "Youth Economy" area highlights original IP incubation companies like Bilibili and showcases their latest animation generation model [18]. - The "Pet Economy" area features lifestyle products from the brand VETRESKA, including a cactus-shaped cat climbing frame [20]. Group 3: Experience Consumption - The third section explores the potential for consumption growth by breaking physical boundaries and creating new experience consumption scenarios through cultural tourism and night economy themes [22]. - The Shanghai Museum presents a "Mini version of the Egyptian Gods" scene, representing cultural IP [22]. - The "INS New Paradise" scene represents the night economy, featuring live DJ performances and dancing robots [23].

浪涨科技 就此事询问B站客服后，客服表示："经平台排查，该说法为不实信息。对于任何未经证实的 网络谣言，请大家理性看待切勿轻信和传播，感谢您的反馈。" 【#B站回应拉黑指定用户屏蔽开屏广告#，该说法为不实信息】 据新浪热点报道，今日，有用户分享B站拉黑指定用户，可以屏蔽开屏广告，此事登上热搜，引发网友 关注和讨论。 ...

Core Viewpoint - Zhang Di, a prominent figure in the tech industry, has left Bilibili shortly after joining, with indications that he may return to Alibaba in a certain department [1][3] Group 1: Career Background - Zhang Di graduated from Shanghai Jiao Tong University and began his career at Alibaba as a senior technical expert, contributing significantly to the transition of search promotion to deep learning technologies [1] - In 2020, Zhang Di joined Kuaishou, where he became the head of the large model and multimedia technology team in early 2023 [1] - By April 2025, he led the establishment of the Kuaishou AI division, taking on the role of head of the technology department [1] Group 2: Departure from Bilibili - Zhang Di's departure from Bilibili occurred within three months of his joining, raising questions about the reasons behind this swift exit [3] - Following Zhang Di's exit, Kuaishou's senior vice president, Gai Kun, took over his responsibilities in the AI division [1]