走进园区企业 解锁数字化崭新体验 "现在我们的左手边是新浪的全球总部，右边是网易的北方总部，右前方是百度，左前方是腾讯，这个红绿灯路口 也被称为'中国互联网的十字路口'，很多年轻人都会在这里打卡……"10月17日下午，位于北京市海淀区的中关村 软件园迎来了一群特殊的游客：来自北京航空航天大学和北京城市学院的六十余名师生代表。中关村软件园高级 品牌经理李军伟一边带领他们参观，一边为他们介绍园区中的标志性地点。 此次活动是由北京市委宣传部、市委教育工委主办，市委网信办、新京报社等单位承办的"'京'彩文化 青春绽 放"2025年"园区行"最美园区主题日活动中的一站。在今年的园区行活动中，22所首都高校师生将深入14个代表性 市级文化产业园区，开展调查研究、实习实践、文化体验等活动，在感受新时代首都文化发展活力和独特魅力的 同时，为推动文化产业园区高质量发展建言献策、贡献力量。 在当天的活动中，两所高校的师生从云广场出发，依次探访了中关村软件园展示中心、腾讯北京总部大楼、科大 讯飞人工智能体验馆等多家科技地标。通过实地走访与深度观摩，大家不仅近距离感受到科技产业园中浓厚的创 新创业文化，也沉浸于开放协作、追求卓越的园 ...

A股今日（10月20日）全线拉升，创业板指一度大涨近4%重返3000点上方；港股亦大幅走高，恒生 指数涨超2%，恒生科技指数大涨3%。 具体来看，两市主要股指盘中震荡上扬，创业板指尤为强势。截至收盘，沪指涨0.63%报3863.89点，深 证成指涨0.98%报12813.21点，创业板指涨1.98%报2993.45点，沪深北三市合计成交17515亿元，较此 前一日较少逾2000亿元。 场内超4000股飘红，煤炭、燃气板块大幅拉升，陕西黑猫、安泰集团、郑州煤电、长春燃气等多股涨停， 大有能源近7日斩获6个涨停板；CPO概念爆发，剑桥科技涨停，源杰科技盘中一度涨停；人脑工程概念崛 起，倍益康、狄耐克等涨超10%；人形机器人概念再度活跃，睿能科技斩获3连板，星网宇达、三联锻造 等均涨停；黄金概念回落，白银有色、湖南白银双双跌停，西部黄金逼近跌停。 异动个股方面，德石股份（301158）尾盘直线20%涨停；远大控股（000626）今日上演"天地天板"。 港股方面，网易、中国石油股份、阿里巴巴等涨约5%，中芯国际、百度集团、腾讯控股等涨逾3%。 多只个股异动 今日尾盘，德石股份直线拉升，最终20%涨停。行情资料显示，德 ...

近日，暴雪宣布旗下知名游戏《星际争霸2》将于10月28日正式回归国服。自此，2023年因暴雪、网易合同 纠纷宣告停运的暴雪游戏，绝大部分已经回归。 最早21日可开玩 10月18日，新浪微博"@星际争霸"账号宣布，《星际争霸2》国服版于10月19日开放游戏预下载，10月21日 开启技术测试。10月28日，《星际争霸2》国服将正式恢复上线。换而言之，玩家们最早可于10月21日在国 服玩上《星际争霸2》。 此前购买过《星际争霸2》的玩家将无需再次购买，此前国服玩家的账号数据均被完整保留，开服后可以直 接继承。据悉，如果玩家忘记了自己的账号，可以通过"网易大神app"或"暴雪中国"官网进行账号找回，找 回账号时需要使用到注册身份信息，如果无法准确填写，会影响玩家找回账号的准确性。 伴随《星际争霸2》游戏国服而言来的，还有相关电竞赛事。其中，《星际争霸2》明星邀请赛将于11月29 日、30日在杭州电竞中心开赛。此外，《星际争霸2》各级社区战队联赛、周赛、功夫杯、娱乐赛等也将逐 步重启。 去年夏天开始，5款暴雪游戏相继回归 伴随着《星际争霸2》回归日期的确定，自2023年因暴雪、网易合同纠纷宣告停运的暴雪游戏，共有5款回 ...

10月15日，网易娱乐频道通过官方微博主动转发"QQ音乐20周年官宣"内容，祝贺歌手梓瑜出任QQ音乐"青春大使"，并带上"QQ音乐20周年"等宣传话题，这 一互动迅速引发全网热议。 2024年11月，网易云音乐更发布长文指责QQ音乐"剽窃式创新"，列举其先后在"一起听"功能、黑胶播放界面、故宫主题播放器等多个产品设计上的"跟随式 更新"，甚至连播放器DIY功能上线仅4天，QQ音乐便推出高度相似的同类功能。 在热搜话题下，网友们集体开启"考古模式"，梳理双方从版权战到功能互怼的过往恩怨，有网友留言称"活久见！这俩居然能互相道贺"，也有用户调侃"建 议把这天定为音乐圈和平日"。 随后，"网易恭喜QQ音乐"话题冲上微博热搜，被网友调侃为"内娱第一和平鸽事件"，更有博主将其命名为"腾云驾雾世纪和解"。 值得关注的是，此次互动距双方上次公开交流已时隔有两年之久。而在此之前，网易与QQ音乐长达十余年的竞争史充满火药味，核心争端集中于版权与产 品创新两大领域。 2018年，双方因周杰伦歌曲版权纠纷对簿公堂，网易云音乐因在授权到期后擅自售卖包含多首歌曲的《周杰伦热门歌曲合辑》，最终被判赔偿腾讯音乐85万 元。 ...

Core Viewpoint - The Hong Kong stock market saw a collective rise in major indices, particularly the Hang Seng Technology Index, which increased by over 2.5%. The gaming sector, especially companies like NetEase, Alibaba, and Tencent, showed strong performance, driven by a significant increase in the issuance of domestic game licenses [1][2]. Group 1: Market Performance - The Hang Seng Technology Index ETF (513180) followed the index's upward trend, with notable gains in tech stocks, particularly in the gaming sector [1]. - NetEase, a leading gaming company, surged over 5% in the afternoon session, contributing to the overall positive sentiment in the market [1]. Group 2: Industry Insights - The National Press and Publication Administration reported the issuance of 1,195 domestic game licenses from January to September 2025, marking a year-on-year increase of 24.61% [1]. - Open Source Securities highlighted that the gaming sector's valuation has become attractive again after recent adjustments, suggesting that supply and demand dynamics could continue to drive the gaming cycle upward [1]. - CITIC Securities expressed a strong recommendation for the gaming sector, noting that despite recent pullbacks, demand remains stable and the sector has shown resilience during peak consumption periods [1]. Group 3: Valuation Metrics - As of October 17, the latest valuation (PETTM) for the Hang Seng Technology Index ETF (513180) was 22.13 times, which is below 75% of the time since the index's inception, indicating a favorable valuation environment [2]. - The outlook for the Hong Kong tech sector is optimistic, with expectations of benefiting from AI trends and potential foreign capital inflows due to a favorable interest rate environment [2].

Group 1 - The Hong Kong stock market experienced a strong rebound on October 20, with the Hang Seng Tech Index rising over 2.5%, driven by major tech stocks like NetEase, Alibaba, and Tencent [1] - Positive signals contributing to the market's recovery include new developments in US-China economic communication, with a video call held on October 18 between Chinese and US officials agreeing to expedite new trade consultations [1] - Southbound capital showed strong buying interest during the recent market pullback, with a net inflow of 450.89 billion HKD from October 13 to October 17, marking the highest inflow in five weeks and maintaining a streak of 22 consecutive weeks of net inflow [1] Group 2 - UBS Global Wealth Management upgraded its rating on global equities to "attractive," citing expected productivity gains from AI spending and a favorable policy environment, while also raising the rating on Chinese tech stocks to the most attractive due to confidence in their ability to monetize AI [1] - The Hang Seng Tech Index ETF (513180) is currently valued at a price-to-earnings ratio of 22.13, which is below 75% of its historical valuation since inception, indicating potential for future growth [2] - The domestic AI industry made significant progress with Alibaba Cloud's "Aegaeon" solution addressing GPU resource waste in AI model services, highlighting advancements in the sector [2]

Core Viewpoint - The Hang Seng Technology Index experienced a strong rebound, with a peak increase of 3.90%, closing at 5945.11 points, reflecting a 3.21% rise, indicating positive market sentiment towards technology stocks [1]. Group 1: Market Performance - The Hang Seng Technology Index reached a maximum of 5984.80 points during the trading session [1]. - Notable gainers among constituent stocks included NetEase-S, which rose by 5.45%, Alibaba-W by 4.99%, and Hua Hong Semiconductor by 4.62% [1][2]. Group 2: Analyst Insights - According to the latest report from Guotai Junan, short-term fluctuations do not alter the bullish outlook for Hong Kong stocks in the fourth quarter, with the Hang Seng Technology Index having the most significant upside potential [2]. - The report highlights that internet giants are benefiting from the AI narrative, which is expected to enhance their asset structure advantages [2]. - The potential for foreign capital to flow back into Hong Kong stocks is anticipated to exceed expectations, especially with the Federal Reserve potentially resuming interest rate cuts [2]. - Continued inflow of southbound funds is expected to further drive the upward trend in Hong Kong stocks, with technology stocks remaining the main focus of the market driven by AI [2].

Investment Rating - The report maintains a "Recommended" investment rating for the media industry, focusing on high-performing sectors such as gaming and IP industries [1][3]. Core Insights - The media sector is currently experiencing a downturn, with the media index down 6.27% last week, underperforming the CSI 300 index by 4.05% [9][10]. - The gaming market shows resilience, with major titles like "Honor of Kings" consistently ranking at the top of iOS sales charts, indicating a stable demand [15][16]. - The IP industry is thriving, with successful exhibitions and strong performance from key companies, suggesting continued growth potential [6][28]. - The film market is recovering, with total box office revenue reaching 39.725 billion yuan, approximately 79% of the 2019 levels, indicating a positive trend in audience engagement [18][20]. Market Performance Review - The media index's absolute performance over the last month is 3.1%, with a 12-month performance of 72.0% [4]. - The gaming sector is highlighted for its high growth potential, with recommendations to focus on companies like Tencent and Huya [6][28]. - The film market's recovery is evidenced by a significant increase in box office revenue and audience numbers compared to previous years [18][20]. Industry News and Company Announcements - AI advancements are being integrated into various platforms, enhancing content creation capabilities, which could benefit media companies [28][30]. - Key companies in the gaming sector are launching new titles, indicating ongoing innovation and competition in the market [18][30]. - The report emphasizes the importance of strategic acquisitions and partnerships for companies to enhance their market position and growth prospects [32][33].

2. 中远海能(01138)涨超4%， 定增落地提升未来运力规模，公司国际航运竞争战略价值凸显。 3. 大唐新能源(01798)跌超4%， 前九月发电量增超一成，三部门调整风力发电等增值税政策。 4. 老铺黄金(06181)跌超6%， 月内累计涨幅仍超10%。10月17日，老铺黄金发布预告，公司将于10月26 日进行产品价格调整。 点击蓝字，关注我们 今日上午港股 1. 蔚来-SW(09866)涨超4% ，10月17日下午，蔚来召开了一次内部会议，此次会议上，李斌再次表示， 四季度盈利目标必须实现。 4. 福特汽车(F.US)涨1.53%， 美国国家公路交通安全管理局(NHTSA)周五表示，由于安全带和后视摄像 头显示问题，福特将在美国召回近62.5万辆汽车。 5. 极兔速递-W(01519)涨超3%， 三季度包裹量超市场预期，反内卷政策推动下公司利润有望修复。 6. 京东健康(06618)涨超4%， 机构料药品销售贡献增强将利好公司整体毛利率。 7. 德林控股(01709)涨超3%， 德林控股公布，拟向比特大陆收购2995台BM矿机，强化公司比特币挖矿业 务。 8. 三花智控(02050)涨超6%， 10月 ...

| 板块名称 | 涨幅量 | 长汉 | 张停数 | | --- | --- | --- | --- | | 贵金属 | -6.09% | -0.01% | 0 | | 黄金概念 | -1.72% | +0.11% | D | | 金属铅 | -1.64% | +0.01% | 0 | | 金属锌 | -1.60% | +0.00% | 0 | | 厨卫电器 | -1.16% | -0.04% | 11 | | 金属铜 | -0.49% | -0.02% | 11 | | 银行 | -0.40% | -0.08% | 0 | | 第马概念 | -0.28% | +0.03% | 0 | | 兵装重组概念 | -0.24% | -0.02% | 0 | | 养鸡 | -0.21% | +0.05% | 0 | | 草甘麟 | -0.15% | -0.00% | 0 | | 转基因 | -0.14% | +0.07% | 0 | 2025.10.20 本文字数：1383，阅读时长大约2分钟 11:31 A股午盘丨科技股全线反弹 沪指涨0.69%，深成指涨1.38%，创业板指涨2.49%。 盘面上，科技股全线反弹，C ...