Core Insights - The United Nations held a high-level expert group meeting in New York to establish an online university for Least Developed Countries (LDCs), where Dr. Liu Dejian, founder and chairman of NetDragon, presented the "AI + Education" model to promote global educational equity and quality [1] - NetDragon signed a strategic cooperation agreement with UNESCO-ICHEI to collaborate on smart classrooms, AI courseware, and micro-credential development, aiming to support the digital transformation of higher education in developing countries [1] Group 1: AI + Education Strategy - NetDragon plans to provide high-quality teaching content and immersive self-exploration learning environments through its AI production center, targeting millions of active users globally [2] - The company's AI + strategy aligns with two major trends: the evolution of the gaming industry towards digital twin infrastructure and the transformation of educational technology into a cognitive revolution [2] - The AI production center has already integrated neural network algorithms into game NPC behavior and educational content generation, enhancing efficiency by 30-60% in game production processes [3] Group 2: EDA Education Metaverse - The EDA education metaverse platform will serve as the main hub for delivering immersive educational experiences across various subjects and learning stages [3] - The platform will utilize blockchain technology to create a decentralized learning community, where participants' contributions are recorded and converted into verifiable digital rights [3] - A dual incentive system combining digital assets and achievement badges will encourage continuous engagement and growth among global education participants [3] Group 3: Broader AI + Education Initiatives - NetDragon's subsidiary Mynd.ai, which owns the Promethean brand, is positioned to become a key platform for AI + education content and software [4] - The company's investment in AR firm Rokid, which recently launched AI glasses, introduces a new paradigm of "metaverse + vocational training" [4] - Institutional investors are reassessing NetDragon's valuation based on its AI capabilities, with a current dynamic P/E ratio approximately 40% lower than the median of the Hong Kong tech sector, alongside a consistent 18-year dividend payout history [4]

Core Viewpoint - The company, NetDragon, is actively engaging in environmental and social governance (ESG) initiatives through its flagship game "Magic Domain," launching the "Asian Elephant Rescue Action" in collaboration with the Xishuangbanna Tropical Rainforest Conservation Foundation to support wildlife conservation and habitat restoration [1][2][5] Group 1: ESG Initiatives - NetDragon is investing in rainforest restoration and elephant monitoring, including measures like food source restoration and drone surveillance to enhance the stability of elephant habitats [1] - The company has committed to high standards of corporate governance and sustainable development, having released its sustainable development vision and ESG commitments in 2022 [1][3] - The "Asian Elephant" companion feature in the game allows players to engage in educational and charitable activities, merging gaming with public welfare and enhancing environmental awareness among younger generations [2][3] Group 2: Cultural and Ecological Integration - NetDragon has expanded its "Game + Public Welfare" strategy, previously launching initiatives like the "Tiger Roar in the Forest" for South China tiger conservation and the "Guarding the Great Wall" for cultural heritage restoration [3] - The company integrates digital technology with cultural heritage, allowing players to experience traditional arts and crafts through gaming, thus promoting cultural transmission and ecological protection [3][4] - The company is also focusing on international cultural exchange by incorporating Eastern aesthetics into its games and facilitating real-life cultural experiences for overseas players [4] Group 3: Market Expansion and Policy Support - The company is positioned to benefit from supportive policies aimed at promoting the overseas expansion of the gaming industry, with various government initiatives encouraging the development of international gaming markets [4][5] - NetDragon aims to leverage its "Game + Culture" model to enhance its international presence and capitalize on market opportunities, particularly in the Asia-Pacific region and beyond [4][5] - The ongoing "Asian Elephant Rescue Action" reflects the company's commitment to corporate social responsibility and its strategy to connect social value with gaming [5]

Group 1 - Hong Kong mobile game stocks experienced a significant afternoon rally, with Bilibili (09626.HK) rising over 10% [1] - NetDragon (00777.HK) saw an increase of more than 4% [1] - Both Xindong Company (02400.HK) and NetEase (09999.HK) each rose by over 2.5% [1]

Core Viewpoint - The Hong Kong internet ETF (513770) has become a market leader, reflecting strong performance in the AI sector and significant inflows of capital, indicating positive market sentiment towards technology stocks [1][3][8]. Group 1: Market Performance - The Hong Kong internet ETF (513770) saw an increase of 2.49%, with a peak rise of over 3% during trading [1][2]. - The cumulative increase of the index tracked by the ETF is 26.11%, outperforming the Hang Seng Index during the same period [3][4]. - Recent data shows net inflows of 57.02 million and 155 million in the last 5 and 10 days respectively, highlighting optimistic expectations for future market performance [4][6]. Group 2: Fund Growth - The fund size of the Hong Kong internet ETF (513770) has surpassed 5 billion, marking a historical high, with a growth of over 60% this year [6]. - The ETF has demonstrated strong liquidity, with an average daily trading volume of 639 million since the beginning of the year [9]. Group 3: Investment Outlook - Analysts suggest that the ongoing U.S.-China trade negotiations have boosted risk appetite for Hong Kong stocks, with ample liquidity supporting continued capital inflows [7]. - The technology sector, particularly AI and hard technology, is recommended for investment due to its potential for growth and the scarcity of quality assets in the Hong Kong market [8].

Core Viewpoint - NetDragon (00777) is accelerating its global expansion in the "AI + Education" sector, aiming to reshape global education models and establish itself as an industry leader [1] Group 1: Company Leadership and Recognition - Dr. Liu Dejian, founder and chairman of NetDragon, was invited as the sole corporate representative to the "United Nations Online University" meeting, reflecting the company's strong leadership position in the international education market [1] - The invitation also signifies international recognition of Dr. Liu's strategic vision and NetDragon's robust R&D capabilities [1] Group 2: AI + Education Strategy - NetDragon's EDA strategy aims to create a borderless educational community, promoting a more equitable and high-quality education system globally, focusing on three main aspects: AI production center, 3E high-quality educational content, and EDA education metaverse platform [6] - The company has already implemented the "AI + Education" model in global educational scenarios, with a recent collaboration with Thailand's Ministry of Higher Education to launch the AI education platform MHESI Skill [6][12] Group 3: Market Potential and Growth - The AI + Education market is expected to exceed 300 billion yuan, driven by the rapid adoption of educational information technology and online education, particularly accelerated by the COVID-19 pandemic [8] - AI's integration into education enhances various processes, including lesson preparation, teaching, assessment, and management, benefiting both teachers and students [8] Group 4: Policy Support and Industry Dynamics - Recent policies from the Ministry of Education and other departments promote the digitalization of education and encourage AI's application across all educational sectors, further stimulating market growth [9] - NetDragon is positioned as a leader in the AI education sector, with a comprehensive product lineup and a strong global competitive advantage [11][14] Group 5: Future Outlook and Financial Implications - The company's strategic deployment of AI + Education is expected to lead to a significant revaluation of its business, with ongoing developments in both AI education and AI gaming sectors contributing to cash flow and core profits [7][14] - The anticipated explosion of AI applications in 2025 will further solidify NetDragon's competitive edge in the education market [13]

Core Insights - The article highlights the participation of Dr. Liu Dejian, Chairman of NetDragon, in a high-level expert group meeting organized by the United Nations to discuss establishing online STEM education platforms for Least Developed Countries (LDCs) [1][3] - Dr. Liu proposed a new concept of "on-demand learning" aimed at addressing the challenges faced by LDCs in providing quality education, emphasizing the need for global coordination and collaboration [3][5] - The article emphasizes the urgent need for investment in higher education, particularly in STEM fields, as LDCs have a gross enrollment rate in higher education of only 11%, significantly lower than the global average of 40% [5] Group 1: AI and Education - The article discusses how advancements in AI technology are reshaping the education landscape, with Dr. Liu advocating for a redefinition of STEM education to better meet local needs [6] - NetDragon has integrated AI into its educational strategy, achieving 100% AI coverage in educational content production, significantly reducing production time and costs [6][8] - The company is developing an education metaverse platform, EDA, aimed at creating a more equitable and high-quality education system globally [8] Group 2: Global Collaborations and Initiatives - NetDragon has established partnerships with influential educational organizations, including UNESCO and Beijing Normal University, to enhance its global educational reach [9] - The company has launched various AI education platforms in countries like Thailand and Serbia, providing vocational training and advanced digital education resources [10] - Dr. Liu expressed the company's commitment to developing inclusive tools that connect education with real-world productivity, aiming to empower LDC youth with STEM skills [12]

Core Insights - The core focus of the news is on NetDragon's founder and chairman, Dr. Liu Dejian, presenting a framework for STEM education at a United Nations high-level expert group meeting, emphasizing the role of AI in enhancing educational equity and quality in least developed countries (LDCs) [1][3][6] Group 1: AI and Education Initiatives - Dr. Liu proposed an "On-Demand Learning" framework with three main initiatives: encouraging global developers to create open-source tools, advocating for the global sharing of standardized STEM curricula, and urging businesses to participate in providing STEM job opportunities [3] - The framework aims to create practical and inclusive STEM educational tools by breaking down complex tasks into clear steps, integrating learning with real tasks, and ensuring content is localized [3] - NetDragon has established an AI production center that automates the creation of high-quality educational content, achieving a 100% AI coverage rate in content production, reducing production time to one hour, and lowering marginal production costs to a hundred yuan level [3][4] Group 2: 3E Quality Education Content - NetDragon's strategic goal is to develop high-quality educational content characterized by effectiveness, efficiency, and engagement (3E), aiming to provide comprehensive educational resources across all subjects and levels [4] - The ultimate form of this 3E content will be interactive educational games that facilitate learner-centered, immersive inquiry-based learning, potentially disrupting traditional teaching methods [4] Group 3: EDA Education Metaverse Platform - The EDA platform, a product of the AI production center's output, aims to create a boundary-less educational community that promotes equitable and high-quality education globally [5] - EDA will redefine the essence of learning through an intelligent learning plan system, focusing on on-demand learning and the concept of "learning as entertainment" [5] - A recent collaboration with Thailand's Ministry of Higher Education and Research Innovation resulted in the launch of an AI education platform offering vocational training in electric vehicles, exemplifying EDA's localized deployment [5] Group 4: Future Aspirations - Dr. Liu expressed confidence in attracting millions of active users globally through the innovative community ecosystem created by EDA, which will leverage blockchain technology to record and quantify learner contributions [6] - The company aims to replicate its past successes in creating highly active online communities in the desktop and mobile internet eras, now targeting the AI era [6]

Group 1 - NetDragon has launched the AI education platform "MHESI Skill" in collaboration with Thailand's Ministry of Higher Education, Science, Research and Innovation (MHESI), marking a significant step in digitalizing skills training in Thailand [1][2] - The "MHESI Skill" platform will offer officially certified electric vehicle (EV) technology training courses, enhancing employment opportunities in the EV sector for the Thai population [1] - The initial courses available on the platform include "Basic Electric Vehicle Technology" and "Electric Vehicle Maintenance," with plans to introduce advanced courses covering EV system design, infrastructure, and business management [1] Group 2 - The "EV Ready+" program employs a blended learning approach, combining online self-study through the "MHESI Skill" platform with practical training at renowned Thai universities [2] - MHESI aims to empower Thai talent by providing free access to advanced knowledge and professional training, enhancing Thailand's competitiveness in the global automotive industry [2] - NetDragon's Vice Chairman emphasized the importance of the "MHESI Skill" platform in supporting Thailand's vision to become a hub for the EV industry in the Asia-Pacific region, equipping citizens with essential skills for the digital and green economy [2]

Group 1 - The Hong Kong stock market experienced a collective rise, with the Consumer Theme Index increasing by 0.74% as of May 20 [1] - The Hong Kong Consumer ETF (159735) rose by 1.1% with a turnover rate of 2.25%, driven by significant gains in stocks such as Li Auto and Xiaomi [1] - In April, the total retail sales of consumer goods reached 37,174 billion yuan, marking a year-on-year growth of 5.1%, while retail sales excluding automobiles grew by 5.6% [1] Group 2 - Open Source Securities emphasizes the importance of "emotional consumption" and suggests focusing on leading companies with enhanced brand power and competitiveness [2] - Four investment themes are highlighted: (1) Gold and jewelry brands with differentiated product offerings; (2) Retail enterprises adapting to trends; (3) High-quality domestic beauty brands in growing segments; (4) Medical aesthetics companies with unique product lines [2]

消息面，外资爆买港股互联网龙头。桥水基金公布了截至今年3月31日的一季度持仓报告（13F）表。 增持方面，买入逾540万股阿里巴巴，环比增幅高达21倍，直接跃升为其第四大持仓股，建仓方面，桥 水一季度买入黄金ETF-SPDR110万份，成第六大持仓标的，新进278万股京东。截至今年3月31日，桥 水基金总规模为216亿美元，环比增1.47%。 申万宏源表示，继续维持港股优于A股的判断，本轮港股是中国资产重估的先锋，港股在AI产业链、新 消费和创新药领域拥有相比A股有阿尔法的优质资产，且2024年年报也显示，这部分行业的基本面已有 明显边际改善，继续推荐科技（港股互联网平台）、创新药和新消费。 今日，港股科技走低，汽车、工业母机、计算机、机器人等热门概念全线下探，港股科技ETF （513020）跌近1.5%。 注：指数/基金短期涨跌幅及历史表现仅供分析参考，不预示未来表现。市场观点随市场环境变化而变 动，不构成任何投资建议或承诺。文中提及指数仅供参考，不构成任何投资建议，也不构成对基金业绩 的预测和保证。如需购买相关基金产品，请选择与风险等级相匹配的产品。基金有风险，投资需谨慎。 （文章来源：每日经济新闻） 港 ...