Group 1 - The overall market sentiment has recently declined, leading to a correction in the online platform sector, with current valuations between the mean and the 25th percentile [1] - The sector's fundamentals remain robust, with healthy growth in key areas such as advertising and gaming, and major companies like Tencent showing improved profit margins and operational leverage [1] - AI is still in a phase of rapid development, and compared to aggressive capital expenditures by overseas tech giants, domestic internet companies are making more practical and sustainable investments, indicating that AI will be a significant growth opportunity for some internet companies in the future [1] Group 2 - Overall, the fundamentals are stable, AI potential remains, but valuations are decreasing, which enhances the attractiveness of the sector [1] - The core recommendation is Tencent Holdings, with additional attention suggested for Kuaishou, NetEase, Zhiyuan Technology, and Bilibili [1]