以下是致辞全文： 专题：2025可持续全球领导者大会&首届绿色产业与可持续消费博览会 2025可持续全球领导者大会于10月16日-18日在上海市黄浦区世博园区召开。 2025可持续全球领导者大会由世界绿色设计组织（WGDO）与新浪集团联合主办，国际财务报告准则 基金会（IFRS Foundation）北京办公室协办，新浪财经与世界绿色设计组织北京代表处承办，上海市黄 浦区人民政府支持。 申能集团作为大会全球合作伙伴，在"申能集团专场分论坛"上，围绕"全球变革中的上海行动与多元协 同"这一核心议题，热议"打造可持续发展的东方样板"、"解码上海产业升级的可持续动力"、"探索上海 五大中心的增长新范式"等话题。 新浪财经CEO邓庆旭出席会议并致辞。 邓庆旭表示，从理念到行动，需要可持续，可传播的桥梁，这正是新浪财经作为平台方的责任和机遇。 我们要通过每天一亿多的投资者通过新浪财经ESG评级中心，通过每天2亿多的微博用户构建国内领先 的可持续发展价值的传播平台。更致力于通过数据、评级和案例研究，推动形成市场共识，让优秀的可 持续的案例和实践被看见、被认可、被投资。 今天，这场分论坛意义非凡，不只是一场讨论，更是一个价 ...

专题：2025可持续全球领导者大会&首届绿色产业与可持续消费博览会 责任编辑：张恒星 申能集团作为大会全球合作伙伴，在"申能集团专场分论坛"上，围绕"全球变革中的上海行动与多元协 同"这一核心议题，热议"打造可持续发展的东方样板"、"解码上海产业升级的可持续动力"、"探索上海 五大中心的增长新范式"等话题。 上海财经大学滴水湖高级金融学院院长姚洋出席并发表主题演讲，从经济学视角深度解码上海产业升级 的可持续动力——如何平衡经济增长与绿色转型，如何以创新驱动产业高质量发展。 2025可持续全球领导者大会于10月16日-18日在上海市黄浦区世博园区召开。 2025可持续全球领导者大会由世界绿色设计组织（WGDO）与新浪集团联合主办，国际财务报告准则 基金会（IFRS Foundation）北京办公室协办，新浪财经与世界绿色设计组织北京代表处承办，上海市黄 浦区人民政府支持。 姚洋在谈到要成为科创中心，上海需要人才时分享了自己"落户上海"的故事。姚洋称，我住的楼里面， 我和我太太过了60（岁），但是我们是楼里头最年轻的，我要从北京把户口迁来，听说需要陈书记批 准，我觉得有点"过分"，所以非常感谢财大（上海财经大学） ...

专题：2025可持续全球领导者大会&首届绿色产业与可持续消费博览会 2025可持续全球领导者大会于10月16日-18日在上海市黄浦区世博园区召开。 前中国女排运动员、奥运冠军赵蕊蕊出席大会并主旨演讲。 本届可持续大会在以往四届"ESG全球领导者大会"的基础上进一步升级！嘉宾阵容强大，可持续大会组 委会邀请约500位中外重磅嘉宾，其中约100位为海外嘉宾，不仅有政要、前政要、国际组织的代表，还 包括了诺贝尔奖得主、图灵奖得主、全球500强企业负责人等国际顶尖学者与业界领军代表。本届大会 将围绕近50个议题展开深入研讨，议题涵盖能源与"双碳"、绿色金融、可持续消费、科技与公益等细分 领域。 责任编辑：王珂 赵蕊蕊进一步提出，女性的灵魂特质、灵性、敏感力与感受力，是AI无法比拟的优势。尽管AI可学习 模仿，但永远做不到"感同身受"——这正是人类，尤其是女性的人性高光所在。赵蕊蕊认为，在AI时 代，女性更需最大化发挥这些独特特质，以此彰显自身在领导力中的核心价值。 2025可持续全球领导者大会由世界绿色设计组织（WGDO）与新浪集团联合主办，国际财务报告准则 基金会（IFRSFoundation）北京办公室协办，新浪 ...

专题：2025可持续全球领导者大会&首届绿色产业与可持续消费博览会 2025可持续全球领导者大会于10月16日-18日在上海市黄浦区世博园区召开。 本届可持续大会在以往四届"ESG全球领导者大会"的基础上进一步升级！嘉宾阵容强大，可持续大会组 委会邀请约500位中外重磅嘉宾，其中约100位为海外嘉宾，不仅有政要、前政要、国际组织的代表，还 包括了诺贝尔奖得主、图灵奖得主、全球500强企业负责人等国际顶尖学者与业界领军代表。 前中国女排运动员、奥运冠军赵蕊蕊出席2025可持续全球领导者大会并参与圆桌对话。 责任编辑：王珂 2025可持续全球领导者大会由世界绿色设计组织（WGDO）与新浪集团联合主办，国际财务报告准则 基金会（IFRS Foundation）北京办公室协办，新浪财经与世界绿色设计组织北京代表处承办，上海市黄 浦区人民政府支持。大会以"携手应对挑战：全球行动、创新与可持续增长"为核心主题，汇聚全球智慧 力量，共探可持续发展新路径，为全球可持续治理注入澎湃的"中国动能"。 ...

Core Viewpoint - The report from China Merchants Securities maintains a "strongly recommended" investment rating for Tencent Holdings (00700.HK), highlighting the company's robust main business and impressive performance in its core gaming segment, along with significant improvements in advertising and other business lines due to AI empowerment [1]. Group 1: Business Performance - Tencent's core gaming business is performing well, contributing positively to overall revenue [1]. - The advertising and other business lines have seen significant efficiency improvements due to AI integration [1]. - The e-commerce ecosystem is gradually improving with the upgrade of WeChat Mini Stores [1]. - The cloud business is expected to gradually scale up, supporting overall growth [1]. Group 2: Financial Metrics - Tencent's market capitalization is HKD 57,393.5 billion, ranking first in the internet media industry [2]. - Key financial metrics include: - Return on Equity (ROE): 20.86%, significantly higher than the industry average of -9.35% [3]. - Revenue: HKD 7,041.65 million, leading the industry average of HKD 187.83 million [3]. - Net Profit Margin: 29.02%, compared to the industry average of -17.09% [3]. - Gross Margin: 56.38%, above the industry average of 43.76% [3]. - Debt Ratio: 40.26%, lower than the industry average of 53.63% [3]. Group 3: Analyst Ratings - As of October 16, 2025, Tencent Holdings has received multiple buy ratings from various investment banks, with a target price averaging HKD 706.99 [1]. - Notable ratings include: - China Merchants Securities: Strongly Recommended [1]. - Guohai Securities: Buy with a target price of HKD 773.00 [1]. - CICC: Outperform with a target price of HKD 700.00 [1].

Core Insights - The 2025 Sustainable Global Leaders Conference will be held from October 16 to 18 in Shanghai, focusing on global action, innovation, and sustainable growth [1] - The event is co-hosted by the World Green Design Organization (WGDO) and Sina Group, with support from the Shanghai Huangpu District Government [1] - Approximately 500 prominent guests are expected, including around 100 international attendees, featuring politicians, former officials, representatives from international organizations, Nobel Prize winners, Turing Award winners, and leaders from Fortune 500 companies [1] Group 1 - The conference aims to explore new pathways for sustainable development and inject "Chinese momentum" into global sustainable governance [1] - The event is an upgrade from the previous four "ESG Global Leaders Conferences," indicating a growing emphasis on sustainability [1] - Zhu Jiangtao, President of China Merchants Securities, will deliver a keynote speech at the conference [1]

Core Insights - The 2025 Sustainable Global Leaders Conference will be held from October 16 to 18 in Shanghai, focusing on global action, innovation, and sustainable growth [1] - The event is co-hosted by the World Green Design Organization (WGDO) and Sina Group, with support from the Shanghai Huangpu District Government [1] - Approximately 500 prominent guests are expected, including around 100 international attendees, featuring politicians, former officials, representatives from international organizations, Nobel laureates, Turing Award winners, and leaders from Fortune 500 companies [1] Event Details - The conference builds on the previous four "ESG Global Leaders Conferences" and aims to explore new pathways for sustainable development [1] - The theme of the conference is "Joining Hands to Address Challenges: Global Action, Innovation, and Sustainable Growth" [1] - Lin Xuehai, the head of the Responsible Management Team at Morgan Asset Management Asia (excluding Japan), will deliver a keynote speech at the conference [1]

Group 1 - The Hong Kong stock market ETFs experienced a significant rebound on October 15, with notable increases in sectors such as innovative pharmaceuticals and internet technology [1] - The Hong Kong Internet ETF (513770) saw a peak increase of over 2.6% during the day, with a cumulative net inflow of 130 million yuan over the past five days, highlighting the appeal of AI in the Hong Kong market [1] - The Hong Kong Innovative Pharmaceuticals ETF (520880) rose by over 1.7% in early trading, accumulating nearly 700 million yuan in inflows over the last 20 trading days, indicating strong buying interest [1] Group 2 - The Hong Kong Large Cap 30 ETF (520560) experienced a significant premium, rising over 2.1% on its third trading day, with over 10 million yuan raised in the first two days [1] - The ETF tracks the Hang Seng China (Hong Kong listed) 30 Index, which includes a mix of new economy growth leaders and high dividend value stocks, reflecting a "dumbbell strategy" that combines technology and dividends [1] - The top ten constituent stocks of the Hong Kong Large Cap 30 ETF account for 74% of the total weight, enhancing the opportunity to capture leading investment prospects in the Hong Kong stock market [1] Group 3 - The Federal Reserve's recent signals from Powell suggest the possibility of a rate cut in October, reinforcing expectations for further rate reductions [2] - Analysts from Guotai Junan Securities believe that Hong Kong tech stocks will benefit from current industry trends, with foreign capital inflows potentially exceeding expectations in the fourth quarter [2] - Huatai Securities indicates that the short-term liquidity and sentiment in the Hong Kong market may have further room for release, while the medium to long-term upward trend remains intact [2]

Group 1: Market Overview - After the National Day holiday, gold prices surged, and the equity market indices showed mixed performance, with the Shanghai Composite Index rising [4] - This week, cyclical theme funds outperformed in net value growth, while pharmaceutical theme funds continued to decline [4] - Domestic stock ETFs saw significant net inflows, with funds primarily increasing positions in TMT, new energy, and cyclical industry ETFs, while reducing positions in large-cap theme ETFs [4] Group 2: Metal and Material Prices - The price of electrolytic cobalt reached 345,000 CNY/ton, a week-on-week increase of 3.9%. The price ratio of electrolytic cobalt to cobalt powder was 0.94, down 5.9% week-on-week [5] - The price of carbon fiber remained stable at 83.8 CNY/kg, with a gross profit of -8.38 CNY/kg [5] Group 3: Construction and Building Materials - Electronic fiberglass prices increased, and the supply-demand situation for fiberglass may improve in Q4. However, cement prices in East China declined, and downstream demand remained weak post-holiday [5] - The glass industry experienced low production and sales rates after the holiday, with inventory levels increasing significantly compared to pre-holiday [5] Group 4: Company Insights - Huguang Co., Ltd. has focused on the research, development, manufacturing, and sales of automotive wiring harnesses for 28 years, capitalizing on opportunities in the electric and intelligent automotive sectors, leading to simultaneous increases in volume and price [6] - Meitu Inc. showcased its core product functionalities during the 2025 Investor Day, highlighting robust fundamentals and accelerated growth in subscription users driven by AI enhancements and global expansion efforts [6]

Group 1 - The company, Zenyou Technology (02660.HK), announced the redemption of approximately $26.5 million from a non-principal guaranteed floating income currency fund offered by UBS, as part of its fund management strategy [1] - As of the announcement date, the company has fully redeemed its investments in the UBS currency fund and holds no outstanding financial products from UBS [1] - Zenyou Technology's stock closed at HKD 2.29, up 1.33%, with a trading volume of 1.0525 million shares and a turnover of HKD 2.3849 million [1] Group 2 - The market capitalization of Zenyou Technology is HKD 2.338 billion, ranking 21st in the internet media industry [1] - Key financial metrics for Zenyou Technology compared to the industry average are as follows: - ROE: 11.59% vs. industry average of -9.35%, ranking 11th [1] - Revenue: HKD 1.433 billion vs. industry average of HKD 18.783 billion, ranking 24th [1] - Net profit margin: 25.77% vs. industry average of -17.09%, ranking 11th [1] - Gross profit margin: 51.34% vs. industry average of 43.76%, ranking 22nd [1] - Debt ratio: 11.74% vs. industry average of 53.63%, ranking 5th [1]