Yayoi的个人主页 - 老虎社区

Yayoi

Yayoi

TMT交易员反者道之动

IP属地：上海

67关注

1粉丝

1主题

0勋章

2025-08-20

24小时没啥必要一年365天交易可以有散户周末太无聊了

港交所陈翊庭：港交所将研究24小时交易机制

02-04

$Figma(FIG)$ 成功把公司卖给了散户这公司注定凉凉 ai直接把空间干没了

2025-06-20

$快手-W(01024)$ 每次跌的时候就会出来几个消息面文章 🤪

2021-01-22

这篇文章不错，转发给大家看

@小虎周报:互联网巨头扎堆二次上市，蕴含哪些套利机会？

01-26

992万呢可真巨资啊[汗颜]

快手-W1月23日耗资997.2万港元回购12.4万股

2025-12-08

自己买就行别瞎发评级

东方证券：维持快手-W(01024)“买入”评级目标价103.06港元

2025-11-21

还得继续跌

【券商聚焦】国金证券：快手DAU连续3季创新高维持“买入”评级

2025-10-28

又开始报团拉高

微软盘前涨超4%，与OpenAI签署新协议，后者将额外购买2500亿美元的Azure服务

2025-10-02

这到底是夸可灵还是夸sora

抱歉，原内容已删除

2025-09-15

涨了就评高跌了就中性跟在屁股后面天天评级

泡泡玛特盘初下跌超7%，摩根大通下调评级至"中性"

去老虎APP查看更多动态

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href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260123201725a6a51bc3&s=b><strong>格隆汇</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>郑重声明：用户在社区发表的所有信息将由本网站记录保存，仅代表作者个人观点，与本网站立场无关，不对您构成任何投资建议，据此操作风险自担。请勿相信代客理财、免费荐股和炒股培训等宣传内容，远离非法证券活动。请勿添加发言用户的手机号码、公众号、微博、微信及QQ等信息，谨防上当受骗！</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260123201725a6a51bc3&s=b\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0348766576.USD":"ALLIANZ LITTLE DRAGONS \"A\" (USD) INC","LU0359201885.HKD":"BGF CHINA \"A2\" (HKD) ACC","LU0211977185.USD":"EASTSPRING INVESTMENTS GREATER CHINA EQUITY \"A\" ACC","01024":"快手-W","LU0348767384.USD":"ALLIANZLITTLE DRAGONS \"A\" (USD) ACC","LU0140636845.USD":"施罗德大中华区股票A Acc","LU0307460666.USD":"EASTSPRING INVESTMENTS CHINA EQUITY \"A\" ACC","LU2097828474.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC A","LU2097828805.USD":"AZ EQUITY CHINA \"A-AZ\" (USD) 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别瞎发评级","listText":"自己买就行 别瞎发评级","text":"自己买就行 别瞎发评级","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/508478310536024","repostId":"2589985487","repostType":2,"repost":{"id":"2589985487","kind":"news","pubTimestamp":1764898663,"share":"https://www.laohu8.com/m/news/2589985487?lang=zh_CN&edition=full","pubTime":"2025-12-05 09:37","market":"sh","language":"zh","title":"东方证券：维持快手-W(01024)“买入”评级 目标价103.06港元","url":"https://stock-news.laohu8.com/highlight/detail?id=2589985487","media":"智通财经","summary":"智通财经APP获悉，东方证券发布研报称，预测快手-W25-27年经调整归母净利润为204/225/259亿元。该行认为此次更新，市面上基本无完全可对标产品，意义在于一是延续可灵在专业创作者需求满足上的迭代，二是前端输入更简易，门槛降低进一步扩大用户触达范围。除了B端专业创作门槛降低，时长自由、提示词简单、可简易复制热门视频，对于可灵模型触达C端或有补充作用。","content":"<html><body><p>智通财经APP获悉，<a href=\"https://laohu8.com/S/600958\">东方证券</a>发布研报称，预测<a href=\"https://laohu8.com/S/01024\">快手-W</a>(01024)25-27年经调整归母净利润为204/225/259亿元。维持此前给予公司26年18xPE估值，对应合理价值为4,048亿CNY，折合4,454亿HKD(港币兑人民币汇率0.909)，目标价103.06港元/股，维持“买入”评级。可灵发布O1模型，通过将视频生成、修改、扩展集成于统一模型，帮助专业创作者提效，突破性迭代在于可对视频画面内某个单一元素进行修改，迎来“视频版Nano Banana”时刻，看好需求端加速渗透，带来流水上量。</p><p>该行认为可灵O1此次更新亮点在于：(1)O1为统一多模态视频模型，将视频参考、视频内容增删修改变换、风格重绘、镜头延展等多任务，融合于大一统模型中，可一站式完成生成-修改-扩展的全部创作;(2)深层语义理解能力，基于上传的视频、图片、主体，精准生成视频的各种细节;(3)直接解决后端视频一致性问题，多视角图创建主体、镜头流转变化，均能保持稳定的主体特征;(4)支持3~10秒自由叙述，满足不同创作需求(偏C端社媒分享、偏B端专业创作)。</p><p>该行认为此次更新，市面上基本无完全可对标产品，意义在于一是延续可灵在专业创作者需求满足上的迭代，二是前端输入更简易，门槛降低进一步扩大用户触达范围。具体来说：</p><p>1、B端专业创作的灵活度和便捷度大幅提升，MVL(Multi-modal visuallanguage)理念产品化落地，支持视频、图片、主体等多模态描述，创作者意图表达和交互更高效;此前Nano Banana重点解决前端图像生成的一致性，而可灵O1直接触及后端视频一致性难题，且单个元素级的精准编辑大幅提高创作灵活度，进一步辅助创作提效。</p><p>2、门槛降低进一步加速用户渗透，且C端可玩性提升，扩大AI视频模型受众范围。除了B端专业创作门槛降低，时长自由、提示词简单、可简易复制热门视频，对于可灵模型触达C端或有补充作用。</p></body></html>","source":"stock_zhitongcaijing","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>东方证券：维持快手-W(01024)“买入”评级 目标价103.06港元</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n东方证券：维持快手-W(01024)“买入”评级 目标价103.06港元\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-12-05 09:37 北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.zhitongcaijing.com/content/detail/1377996.html><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>智通财经APP获悉，东方证券发布研报称，预测快手-W(01024)25-27年经调整归母净利润为204/225/259亿元。维持此前给予公司26年18xPE估值，对应合理价值为4,048亿CNY，折合4,454亿HKD(港币兑人民币汇率0.909)，目标价103.06港元/股，维持“买入”评级。可灵发布O1模型，通过将视频生成、修改、扩展集成于统一模型，帮助专业创作者提效，突破性迭代在于可对视频...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1377996.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"600958":"东方证券","03958":"东方证券","01024":"快手-W"},"source_url":"http://www.zhitongcaijing.com/content/detail/1377996.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2589985487","content_text":"智通财经APP获悉，东方证券发布研报称，预测快手-W(01024)25-27年经调整归母净利润为204/225/259亿元。维持此前给予公司26年18xPE估值，对应合理价值为4,048亿CNY，折合4,454亿HKD(港币兑人民币汇率0.909)，目标价103.06港元/股，维持“买入”评级。可灵发布O1模型，通过将视频生成、修改、扩展集成于统一模型，帮助专业创作者提效，突破性迭代在于可对视频画面内某个单一元素进行修改，迎来“视频版Nano Banana”时刻，看好需求端加速渗透，带来流水上量。该行认为可灵O1此次更新亮点在于：(1)O1为统一多模态视频模型，将视频参考、视频内容增删修改变换、风格重绘、镜头延展等多任务，融合于大一统模型中，可一站式完成生成-修改-扩展的全部创作;(2)深层语义理解能力，基于上传的视频、图片、主体，精准生成视频的各种细节;(3)直接解决后端视频一致性问题，多视角图创建主体、镜头流转变化，均能保持稳定的主体特征;(4)支持3~10秒自由叙述，满足不同创作需求(偏C端社媒分享、偏B端专业创作)。该行认为此次更新，市面上基本无完全可对标产品，意义在于一是延续可灵在专业创作者需求满足上的迭代，二是前端输入更简易，门槛降低进一步扩大用户触达范围。具体来说：1、B端专业创作的灵活度和便捷度大幅提升，MVL(Multi-modal visuallanguage)理念产品化落地，支持视频、图片、主体等多模态描述，创作者意图表达和交互更高效;此前Nano Banana重点解决前端图像生成的一致性，而可灵O1直接触及后端视频一致性难题，且单个元素级的精准编辑大幅提高创作灵活度，进一步辅助创作提效。2、门槛降低进一步加速用户渗透，且C端可玩性提升，扩大AI视频模型受众范围。除了B端专业创作门槛降低，时长自由、提示词简单、可简易复制热门视频，对于可灵模型触达C端或有补充作用。","news_type":1,"symbols_score_info":{"600958":1.5,"KSTmain":1.5,"03958":1.5,"01024":1.5}},"isVote":1,"tweetType":1,"viewCount":860,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":502565425099080,"gmtCreate":1763724798571,"gmtModify":1763724800889,"author":{"id":"3480977285056834","authorId":"3480977285056834","name":"Yayoi","avatar":"https://static.tigerbbs.com/bf0a03b8bbef26ffd6f2ab331785b801","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3480977285056834","idStr":"3480977285056834"},"themes":[],"title":"","htmlText":"还得继续跌","listText":"还得继续跌","text":"还得继续跌","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/502565425099080","repostId":"2585136371","repostType":2,"repost":{"id":"2585136371","kind":"news","pubTimestamp":1763713926,"share":"https://www.laohu8.com/m/news/2585136371?lang=zh_CN&edition=full","pubTime":"2025-11-21 16:32","market":"hk","language":"zh","title":"【券商聚焦】国金证券：快手DAU连续3季创新高 维持“买入”评级","url":"https://stock-news.laohu8.com/highlight/detail?id=2585136371","media":"金吾资讯","summary":"快手DAU达4.16亿，连续3个季度突破历史新高，MAU达到7.31亿，日均使用时长134.1分钟，用户总使用时长同比增长3.6%。该机构指，2025Q3公司GMV3850亿元，同比增长15.2%，月均买家结构迈向健康发展、复购频次持续提升。泛货架电商增长持续超越大盘，为电商GMV增长主要驱动力，占总GMV比例达到32%。该机构续指，2025Q3公司面向全球用户推出了可灵AI2.5Turbo。商业化层面，2025Q3可灵AI收入超过人民币3亿元。","content":"<html><body><article><p>金吾财讯 | <a href=\"https://laohu8.com/S/600109\">国金证券</a>研报指出，<a href=\"https://laohu8.com/S/01024\">快手</a>(01024)2025Q3实现收入356亿元，同比增长14.2%，Non-IFRS<span>净利润</span>49.86亿元，同比增长26.3%，Non-IFRS净利润率为14%。快手DAU达4.16亿，连续3个季度突破历史新高，MAU达到7.31亿，日均使用时长134.1分钟，用户总使用时长同比增长3.6%。</p><p>该机构指，2025Q3公司GMV3850亿元，同比增长15.2%，月均买家结构迈向健康发展、复购频次持续提升。泛货架电商增长持续超越大盘，为电商GMV增长主要驱动力，占总GMV比例达到32%。AI技术对GMV起到正向驱动作用：1）端到端生成式检索架构OneSearch驱动<a href=\"https://laohu8.com/S/600306\">商城</a>搜索订单提升近5%；2）OneRec应用为电商商城信息流GMV带来高单位数提升。</p><p>该机构续指，2025Q3公司面向全球用户推出了可灵AI2.5Turbo。可灵2.5Turbo在保持行业领先的内容生成效果的同时，通过不断的工程化创新降低视频生成的推理成本，将创作者的单视频生成成本降低了近30.0%。商业化层面，2025Q3可灵AI收入超过人民币3亿元。</p><p>该机构表示，预计公司2025/2026/2027年公司NON-IFRS净利润分别为207/232/279亿元，当前股价对应2025/2026/2027年NON-IFRSPE分别为12.11/10.77/8.96X，维持“买入”评级。</p></article></body></html>","source":"tencent","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>【券商聚焦】国金证券：快手DAU连续3季创新高 维持“买入”评级</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n【券商聚焦】国金证券：快手DAU连续3季创新高 维持“买入”评级\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-11-21 16:32 北京时间&nbsp;&nbsp;&nbsp;<a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251121163336a4b12859&s=b><strong>金吾资讯</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>金吾财讯 | 国金证券研报指出，快手(01024)2025Q3实现收入356亿元，同比增长14.2%，Non-IFRS净利润49.86亿元，同比增长26.3%，Non-IFRS净利润率为14%。快手DAU达4.16亿，连续3个季度突破历史新高，MAU达到7.31亿，日均使用时长134.1分钟，用户总使用时长同比增长3.6%。该机构指，2025Q3公司GMV3850亿元，同比增长15.2%，月均买家...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251121163336a4b12859&s=b\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"01024":"快手-W"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251121163336a4b12859&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2585136371","content_text":"金吾财讯 | 国金证券研报指出，快手(01024)2025Q3实现收入356亿元，同比增长14.2%，Non-IFRS净利润49.86亿元，同比增长26.3%，Non-IFRS净利润率为14%。快手DAU达4.16亿，连续3个季度突破历史新高，MAU达到7.31亿，日均使用时长134.1分钟，用户总使用时长同比增长3.6%。该机构指，2025Q3公司GMV3850亿元，同比增长15.2%，月均买家结构迈向健康发展、复购频次持续提升。泛货架电商增长持续超越大盘，为电商GMV增长主要驱动力，占总GMV比例达到32%。AI技术对GMV起到正向驱动作用：1）端到端生成式检索架构OneSearch驱动商城搜索订单提升近5%；2）OneRec应用为电商商城信息流GMV带来高单位数提升。该机构续指，2025Q3公司面向全球用户推出了可灵AI2.5Turbo。可灵2.5Turbo在保持行业领先的内容生成效果的同时，通过不断的工程化创新降低视频生成的推理成本，将创作者的单视频生成成本降低了近30.0%。商业化层面，2025Q3可灵AI收入超过人民币3亿元。该机构表示，预计公司2025/2026/2027年公司NON-IFRS净利润分别为207/232/279亿元，当前股价对应2025/2026/2027年NON-IFRSPE分别为12.11/10.77/8.96X，维持“买入”评级。","news_type":1,"symbols_score_info":{"01024":1.5}},"isVote":1,"tweetType":1,"viewCount":1134,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":494143321571896,"gmtCreate":1761666828162,"gmtModify":1761666830588,"author":{"id":"3480977285056834","authorId":"3480977285056834","name":"Yayoi","avatar":"https://static.tigerbbs.com/bf0a03b8bbef26ffd6f2ab331785b801","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3480977285056834","idStr":"3480977285056834"},"themes":[],"htmlText":"又开始报团拉高&nbsp;","listText":"又开始报团拉高&nbsp;","text":"又开始报团拉高","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/494143321571896","repostId":"1104012775","repostType":2,"repost":{"id":"1104012775","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1761656780,"share":"https://www.laohu8.com/m/news/1104012775?lang=zh_CN&edition=full","pubTime":"2025-10-28 21:06","market":"us","language":"zh","title":"微软盘前涨超4%，与OpenAI签署新协议，后者将额外购买2500亿美元的Azure服务","url":"https://stock-news.laohu8.com/highlight/detail?id=1104012775","media":"老虎资讯综合","summary":"10月28日，$微软(MSFT)$盘前涨超4%，微软表示，OpenAI签约购买额外2500亿美元的Azure服务，而微软将不再拥有成为OpenAI计算提供商的优先选择权。","content":"<html><head></head><body><p>10月28日，<a href=\"https://laohu8.com/S/MSFT\">微软</a>盘前涨超4%，微软与OpenAI签署新协议。</p><p>OpenAI签约购买额外2500亿美元的Azure服务，而微软将不再拥有成为OpenAI算力提供商的优先选择权。</p><p>OpenAI现可与第三方联合开发产品，与第三方合作的API产品仍为Azure独占，非API产品可部署于任何云平台。微软支持OpenAI董事会成立公益公司，微软持有OpenAI集团公益公司价值约1350亿美元的投资权益。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d0086b00329450cdf2e6d688dcdb422d\" title=\"\" tg-width=\"901\" tg-height=\"577\"/></p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>微软盘前涨超4%，与OpenAI签署新协议，后者将额外购买2500亿美元的Azure服务</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; 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width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n微软盘前涨超4%，与OpenAI签署新协议，后者将额外购买2500亿美元的Azure服务\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2025-10-28 21:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>10月28日，<a href=\"https://laohu8.com/S/MSFT\">微软</a>盘前涨超4%，微软与OpenAI签署新协议。</p><p>OpenAI签约购买额外2500亿美元的Azure服务，而微软将不再拥有成为OpenAI算力提供商的优先选择权。</p><p>OpenAI现可与第三方联合开发产品，与第三方合作的API产品仍为Azure独占，非API产品可部署于任何云平台。微软支持OpenAI董事会成立公益公司，微软持有OpenAI集团公益公司价值约1350亿美元的投资权益。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d0086b00329450cdf2e6d688dcdb422d\" title=\"\" tg-width=\"901\" tg-height=\"577\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/54720eb51050254e71d6298681bc4fdb","relate_stocks":{"MSFT":"微软"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104012775","content_text":"10月28日，微软盘前涨超4%，微软与OpenAI签署新协议。OpenAI签约购买额外2500亿美元的Azure服务，而微软将不再拥有成为OpenAI算力提供商的优先选择权。OpenAI现可与第三方联合开发产品，与第三方合作的API产品仍为Azure独占，非API产品可部署于任何云平台。微软支持OpenAI董事会成立公益公司，微软持有OpenAI集团公益公司价值约1350亿美元的投资权益。","news_type":1,"symbols_score_info":{"MSFT":1.5}},"isVote":1,"tweetType":1,"viewCount":1182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":484794488419144,"gmtCreate":1759386820991,"gmtModify":1759386823352,"author":{"id":"3480977285056834","authorId":"3480977285056834","name":"Yayoi","avatar":"https://static.tigerbbs.com/bf0a03b8bbef26ffd6f2ab331785b801","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3480977285056834","idStr":"3480977285056834"},"themes":[],"htmlText":"这到底是夸可灵还是夸sora","listText":"这到底是夸可灵还是夸sora","text":"这到底是夸可灵还是夸sora","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/484794488419144","repostId":"2572557567","repostType":2,"repost":{"id":"2572557567","kind":"news","pubTimestamp":1759370223,"share":"https://www.laohu8.com/m/news/2572557567?lang=zh_CN&edition=full","pubTime":"2025-10-02 09:57","market":"fut","language":"zh","title":"港股异动 | 快手-W(01024)涨超7% 近期可灵2.5 Turbo底模能力再升级 AI带动核心主业提效持续演绎","url":"https://stock-news.laohu8.com/highlight/detail?id=2572557567","media":"智通财经","summary":"智通财经APP获悉，快手-W涨超7%，暂时领跑科网股。消息面上，近日，可灵AI基座模型再升级，视频生成推出可灵2.5 Turbo 模型，效果进一步提升。主业方面，AI带动核心主业提效持续演绎，继此前内容推荐OneRec提供社区生态健康度支撑，商业化系统的AI重构更是为主业稳健增长带来长效动能。值得关注的是，北京时间10月1日凌晨，OpenAI宣布，正式发布其迄今最先进的视频生成模型Sora 2.0，并同步推出一款全新的社交应用“Sora”。","content":"<html><body><p>智通财经APP获悉，<a href=\"https://laohu8.com/S/01024\">快手-W</a>(01024)涨超7%，暂时领跑科网股。截至发稿，涨7.21%，报90.7港元，成交额21.16亿港元。</p><p>消息面上，近日，可灵AI基座模型再升级，视频生成推出可灵2.5 Turbo 模型，效果进一步提升。可灵2.5 Turbo 模型高品质模式(1080p)下生成5秒长度的视频仅需25灵感值，相比2.1模型同档位便宜近30%。<a href=\"https://laohu8.com/S/600958\">东方证券</a>表示，多模态侧，快手可灵依靠底模迭代保持领先身位，2.5 Turbo版本在“性能升级+降价30%”的组合策略下，有望进一步带动用户增长和流水上行。主业方面，AI带动核心主业提效持续演绎，继此前内容推荐OneRec提供社区生态健康度支撑，商业化系统的AI重构更是为主业稳健增长带来长效动能。</p><p>值得关注的是，北京时间10月1日凌晨，OpenAI宣布，正式发布其迄今最先进的视频生成模型Sora 2.0，并同步推出一款全新的社交应用“Sora”。Sora团队负责人表示，这可能会成为视频生成领域的ChatGPT时刻。开源证券此前研报曾指出，AI视频生成工具可以大幅减少实景拍摄、降低视频制作成本，Sora的发布或将成为AI视频应用的里程碑事件，有望打开更为广阔的AI应用市场，看好其在短视频、游戏、电影等领域的应用。</p></body></html>","source":"stock_zhitongcaijing","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>港股异动 | 快手-W(01024)涨超7% 近期可灵2.5 Turbo底模能力再升级 AI带动核心主业提效持续演绎</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n港股异动 | 快手-W(01024)涨超7% 近期可灵2.5 Turbo底模能力再升级 AI带动核心主业提效持续演绎\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-10-02 09:57 北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.zhitongcaijing.com/content/detail/1351829.html><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>智通财经APP获悉，快手-W(01024)涨超7%，暂时领跑科网股。截至发稿，涨7.21%，报90.7港元，成交额21.16亿港元。消息面上，近日，可灵AI基座模型再升级，视频生成推出可灵2.5 Turbo 模型，效果进一步提升。可灵2.5 Turbo 模型高品质模式(1080p)下生成5秒长度的视频仅需25灵感值，相比2.1模型同档位便宜近30%。东方证券表示，多模态侧，快手可灵依靠底模迭代保持...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1351829.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"81024":"快手-WR","LU2097828714.EUR":"AZ EQUITY CHINA \"BAZ\" (EUR) ACC","BK1591":"就地过年概念","LU0463099449.HKD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" (HKD) ACC","LU2097828805.USD":"AZ EQUITY CHINA \"A-AZ\" (USD) ACC","LU0348766576.USD":"ALLIANZ LITTLE DRAGONS \"A\" (USD) INC","LU0359201885.HKD":"BGF CHINA \"A2\" (HKD) ACC","BK1590":"短视频概念股","LU0211977185.USD":"EASTSPRING INVESTMENTS GREATER CHINA EQUITY \"A\" ACC","LU0348767384.USD":"ALLIANZLITTLE DRAGONS \"A\" (USD) ACC","HSCEI":"国企指数","LU0140636845.USD":"施罗德大中华区股票A Acc","LU2097828474.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC A","LU0307460666.USD":"EASTSPRING INVESTMENTS CHINA EQUITY \"A\" ACC","LU0588546209.SGD":"Eastspring Investments - China Equity Fund AS SGD","LU0593848301.USD":"未来资产亚洲卓越消费股票基金A","BK4614":"Manus概念股","LU1188198961.HKD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" (HKD) INC QV","01024":"快手-W","LU0244354667.USD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" ACC","LU0359201612.USD":"贝莱德中国基金A2","LU1251922891.USD":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (USD) ACC","LU0359202008.SGD":"Blackrock China Fund A2 SGD-H","LU0051755006.USD":"摩根大通中国A (dist)","LU1720050803.USD":"安联全方位中国股票基金","LU1023057109.AUD":"BGF CHINA \"A2\" (AUDHDG) ACC","YANG":"三倍做空富时中国ETF-Direxion","LU0210526637.USD":"JPM CHINA \"A\" (USD) ACC","LU0326950275.SGD":"Schroder ISF China Opportunities A Acc SGD-H","LU0456827905.SGD":"JPMorgan Funds - China A (acc) SGD","LU1794554557.SGD":"Allianz All China Equity AT Acc H2-SGD","LU1303224171.USD":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (USD) INC","BK1610":"ETF&股票定投概念","LU1719994722.HKD":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (HKD) ACC","BK1095":"互动媒体与服务","BK1608":"元宇宙概念","LU2097828557.USD":"AZ EQUITY CHINA \"A\" (USD) ACC","BK1575":"同股不同权","BK1615":"港股-互联网","LU2097828631.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC","LU1770034418.SGD":"ALL CHINA EQUITY \"A\" (SGDHDG) ACC"},"source_url":"http://www.zhitongcaijing.com/content/detail/1351829.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2572557567","content_text":"智通财经APP获悉，快手-W(01024)涨超7%，暂时领跑科网股。截至发稿，涨7.21%，报90.7港元，成交额21.16亿港元。消息面上，近日，可灵AI基座模型再升级，视频生成推出可灵2.5 Turbo 模型，效果进一步提升。可灵2.5 Turbo 模型高品质模式(1080p)下生成5秒长度的视频仅需25灵感值，相比2.1模型同档位便宜近30%。东方证券表示，多模态侧，快手可灵依靠底模迭代保持领先身位，2.5 Turbo版本在“性能升级+降价30%”的组合策略下，有望进一步带动用户增长和流水上行。主业方面，AI带动核心主业提效持续演绎，继此前内容推荐OneRec提供社区生态健康度支撑，商业化系统的AI重构更是为主业稳健增长带来长效动能。值得关注的是，北京时间10月1日凌晨，OpenAI宣布，正式发布其迄今最先进的视频生成模型Sora 2.0，并同步推出一款全新的社交应用“Sora”。Sora团队负责人表示，这可能会成为视频生成领域的ChatGPT时刻。开源证券此前研报曾指出，AI视频生成工具可以大幅减少实景拍摄、降低视频制作成本，Sora的发布或将成为AI视频应用的里程碑事件，有望打开更为广阔的AI应用市场，看好其在短视频、游戏、电影等领域的应用。","news_type":1,"symbols_score_info":{"81024":0.6,"01024":1.5,"KSTmain":1.5,"HSCEI":1.5,"YANG":1.5}},"isVote":1,"tweetType":1,"viewCount":1353,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":478695499497912,"gmtCreate":1757900845132,"gmtModify":1757900847510,"author":{"id":"3480977285056834","authorId":"3480977285056834","name":"Yayoi","avatar":"https://static.tigerbbs.com/bf0a03b8bbef26ffd6f2ab331785b801","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3480977285056834","idStr":"3480977285056834"},"themes":[],"htmlText":"涨了就评高 跌了就中性 跟在屁股后面天天评级","listText":"涨了就评高 跌了就中性 跟在屁股后面天天评级","text":"涨了就评高 跌了就中性 跟在屁股后面天天评级","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/478695499497912","repostId":"1112496304","repostType":2,"repost":{"id":"1112496304","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1757900457,"share":"https://www.laohu8.com/m/news/1112496304?lang=zh_CN&edition=full","pubTime":"2025-09-15 09:40","market":"us","language":"zh","title":"泡泡玛特盘初下跌超7%，摩根大通下调评级至\"中性\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1112496304","media":"老虎资讯综合","summary":"9月15日（周一），泡泡玛特盘初下跌超7%，报256.6港元，成交18.4亿港元，摩根大通下调泡泡玛特评级至\"中性\"。消息方面：摩根大通在近期发布的研究报告中将泡泡玛特的股票评级下调至\"中性\"。摩根大通表示，做出这一决定的原因是该公司目前缺乏明显的增长催化剂，且当前估值水平不具吸引力。这一评级下调无疑对投资者信心造成了打击。","content":"<html><head></head><body><p>9月15日（周一），泡泡玛特盘初下跌超7%，报256.6港元，成交18.4亿港元，摩根大通下调泡泡玛特评级至&#34;中性&#34;。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4e198f1d21c12a1faf54418673b69568\" title=\"\" tg-width=\"274\" tg-height=\"84\"/></p><p>消息方面：摩根大通近日发布研究报告，将泡泡玛特的投资评级从“超配”下调至“中性”，目标价由400港元下调至300港元。报告指出，泡泡玛特股价年内已上涨209%，估值已充分反映市场对其业绩的乐观预期，短期内风险回报比不再具有吸引力。</p><p style=\"text-align: start;\">报告认为，泡泡玛特四大催化剂已基本兑现，包括上半年业绩超预期、与优衣库联名、获纳入指数以及珠宝店开业。而剩余三大催化剂——动画片上线、Labubu 4.0发布及互动玩具推出——目前能见度较低，预计短期内难以推动股价进一步上涨。</p><p style=\"text-align: start;\">尽管摩根大通对泡泡玛特的长期投资逻辑依然看好，包括其强大的IP运营能力、多元化的IP组合（预计Labubu在2027年贡献35%收入）以及海外业务扩张（预计2027年海外利润占比超60%），但短期内股价已大幅上涨，任何业绩不及预期或负面新闻都可能引发股价回调。</p><p style=\"text-align: start;\">报告提醒投资者关注四季度至明年一季度的下一个催化剂窗口，包括《Labubu与朋友们》动画首季上线、Labubu 4.0产品发布以及可能的互动玩具推出。若这些项目表现超预期，可能会推动股价突破当前预期。</p><p style=\"text-align: start;\">摩根大通同时指出，泡泡玛特目前估值对应2025年预测市盈率31倍、2026年22倍，处于合理水平，但已“定价完美”，建议投资者等待更佳入场时机。</p><p style=\"text-align: start;\">泡泡玛特是中国领先的IP运营与潮玩公司，拥有100多个自有或授权IP，全球门店超过571家，机器人商店2577个，业务覆盖30多个国家和地区。</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>泡泡玛特盘初下跌超7%，摩根大通下调评级至\"中性\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n泡泡玛特盘初下跌超7%，摩根大通下调评级至\"中性\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2025-09-15 09:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>9月15日（周一），泡泡玛特盘初下跌超7%，报256.6港元，成交18.4亿港元，摩根大通下调泡泡玛特评级至&#34;中性&#34;。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4e198f1d21c12a1faf54418673b69568\" title=\"\" tg-width=\"274\" tg-height=\"84\"/></p><p>消息方面：摩根大通近日发布研究报告，将泡泡玛特的投资评级从“超配”下调至“中性”，目标价由400港元下调至300港元。报告指出，泡泡玛特股价年内已上涨209%，估值已充分反映市场对其业绩的乐观预期，短期内风险回报比不再具有吸引力。</p><p style=\"text-align: start;\">报告认为，泡泡玛特四大催化剂已基本兑现，包括上半年业绩超预期、与优衣库联名、获纳入指数以及珠宝店开业。而剩余三大催化剂——动画片上线、Labubu 4.0发布及互动玩具推出——目前能见度较低，预计短期内难以推动股价进一步上涨。</p><p style=\"text-align: start;\">尽管摩根大通对泡泡玛特的长期投资逻辑依然看好，包括其强大的IP运营能力、多元化的IP组合（预计Labubu在2027年贡献35%收入）以及海外业务扩张（预计2027年海外利润占比超60%），但短期内股价已大幅上涨，任何业绩不及预期或负面新闻都可能引发股价回调。</p><p style=\"text-align: start;\">报告提醒投资者关注四季度至明年一季度的下一个催化剂窗口，包括《Labubu与朋友们》动画首季上线、Labubu 4.0产品发布以及可能的互动玩具推出。若这些项目表现超预期，可能会推动股价突破当前预期。</p><p style=\"text-align: start;\">摩根大通同时指出，泡泡玛特目前估值对应2025年预测市盈率31倍、2026年22倍，处于合理水平，但已“定价完美”，建议投资者等待更佳入场时机。</p><p style=\"text-align: start;\">泡泡玛特是中国领先的IP运营与潮玩公司，拥有100多个自有或授权IP，全球门店超过571家，机器人商店2577个，业务覆盖30多个国家和地区。</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/30dc37d452f250ce3fb402a1655ca971","relate_stocks":{"09992":"泡泡玛特"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112496304","content_text":"9月15日（周一），泡泡玛特盘初下跌超7%，报256.6港元，成交18.4亿港元，摩根大通下调泡泡玛特评级至\"中性\"。消息方面：摩根大通近日发布研究报告，将泡泡玛特的投资评级从“超配”下调至“中性”，目标价由400港元下调至300港元。报告指出，泡泡玛特股价年内已上涨209%，估值已充分反映市场对其业绩的乐观预期，短期内风险回报比不再具有吸引力。报告认为，泡泡玛特四大催化剂已基本兑现，包括上半年业绩超预期、与优衣库联名、获纳入指数以及珠宝店开业。而剩余三大催化剂——动画片上线、Labubu 4.0发布及互动玩具推出——目前能见度较低，预计短期内难以推动股价进一步上涨。尽管摩根大通对泡泡玛特的长期投资逻辑依然看好，包括其强大的IP运营能力、多元化的IP组合（预计Labubu在2027年贡献35%收入）以及海外业务扩张（预计2027年海外利润占比超60%），但短期内股价已大幅上涨，任何业绩不及预期或负面新闻都可能引发股价回调。报告提醒投资者关注四季度至明年一季度的下一个催化剂窗口，包括《Labubu与朋友们》动画首季上线、Labubu 4.0产品发布以及可能的互动玩具推出。若这些项目表现超预期，可能会推动股价突破当前预期。摩根大通同时指出，泡泡玛特目前估值对应2025年预测市盈率31倍、2026年22倍，处于合理水平，但已“定价完美”，建议投资者等待更佳入场时机。泡泡玛特是中国领先的IP运营与潮玩公司，拥有100多个自有或授权IP，全球门店超过571家，机器人商店2577个，业务覆盖30多个国家和地区。","news_type":1,"symbols_score_info":{"09992":1.1}},"isVote":1,"tweetType":1,"viewCount":1482,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":471618244178200,"gmtCreate":1756172585101,"gmtModify":1756173064849,"author":{"id":"3480977285056834","authorId":"3480977285056834","name":"Yayoi","avatar":"https://static.tigerbbs.com/bf0a03b8bbef26ffd6f2ab331785b801","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3480977285056834","idStr":"3480977285056834"},"themes":[],"htmlText":"这种垃圾机构的评估报告 人都到80几了才给评估价&nbsp;","listText":"这种垃圾机构的评估报告 人都到80几了才给评估价&nbsp;","text":"这种垃圾机构的评估报告 人都到80几了才给评估价","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/471618244178200","repostId":"2562021230","repostType":2,"repost":{"id":"2562021230","kind":"news","pubTimestamp":1756112460,"share":"https://www.laohu8.com/m/news/2562021230?lang=zh_CN&edition=full","pubTime":"2025-08-25 17:01","market":"us","language":"zh","title":"招银国际：升快手-W目标价至84港元 维持买入评级","url":"https://stock-news.laohu8.com/highlight/detail?id=2562021230","media":"新浪港股","summary":"　　招银国际发布研报称，快手-W次季收入同比增长13%至350亿元人民币，经调整净利润同比增长20%至56亿元人民币，均高于市场预期，主要受惠于稳健的电商业务及超预期的AI商业化表现。该行微升快手2025至2027年盈利预测0至1%，以反映AI领域的积极进展；将目标价由80港元上调至84港元，维持“买入”评级，对快手的AI发展与商业化前景持乐观态度。","content":"<html><body><div>\n<div>\n<div>\n<img src=\"http://image.sinajs.cn/n/hk/min/640x360xxfhd/01024.png\"/>\n</div>\n<div>\n<div>\n<span>热点栏目</span>\n<s></s>\n自选股\n数据中心\n行情中心\n资金流向\n模拟交易\n</div>\n客户端\n</div>\n</div>\n<p>　　招银国际发布研报称，<span><a href=\"https://laohu8.com/S/01024\">快手-W</a></span><span></span>（01024）次季收入同比增长13%至350亿元人民币，经调整净利润同比增长20%至56亿元人民币，均高于市场预期，主要受惠于稳健的电商业务及超预期的AI商业化表现。展望第三季，该行预期总收入将同比增长13%，由电商业务的强劲势头及线上营销业务的韧性增长所推动。该行微升快手2025至2027年盈利预测0至1%，以反映AI领域的积极进展；将目标价由80港元上调至84港元，维持“买入”评级，对快手的AI发展与商业化前景持乐观态度。</p>\n<div>\n<div><img src=\"\"/></div>\n<div>海量资讯、精准解读，尽在新浪财经APP</div>\n</div>\n<p>责任编辑：史丽君 </p>\n</div></body></html>","source":"sina","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>招银国际：升快手-W目标价至84港元 维持买入评级</title>\n<style 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href=https://finance.sina.com.cn/stock/hkstock/hkgg/2025-08-25/doc-infnewra2378627.shtml><strong>新浪港股</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>热点栏目\n\n自选股\n数据中心\n行情中心\n资金流向\n模拟交易\n\n客户端\n\n\n　　招银国际发布研报称，快手-W（01024）次季收入同比增长13%至350亿元人民币，经调整净利润同比增长20%至56亿元人民币，均高于市场预期，主要受惠于稳健的电商业务及超预期的AI商业化表现。展望第三季，该行预期总收入将同比增长13%，由电商业务的强劲势头及线上营销业务的韧性增长所推动。该行微升快手2025至2027年...</p>\n\n<a href=\"https://finance.sina.com.cn/stock/hkstock/hkgg/2025-08-25/doc-infnewra2378627.shtml\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"01024":"快手-W"},"source_url":"https://finance.sina.com.cn/stock/hkstock/hkgg/2025-08-25/doc-infnewra2378627.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/b0d1b7e8843deea78cc308b15114de44","article_id":"2562021230","content_text":"热点栏目\n\n自选股\n数据中心\n行情中心\n资金流向\n模拟交易\n\n客户端\n\n\n　　招银国际发布研报称，快手-W（01024）次季收入同比增长13%至350亿元人民币，经调整净利润同比增长20%至56亿元人民币，均高于市场预期，主要受惠于稳健的电商业务及超预期的AI商业化表现。展望第三季，该行预期总收入将同比增长13%，由电商业务的强劲势头及线上营销业务的韧性增长所推动。该行微升快手2025至2027年盈利预测0至1%，以反映AI领域的积极进展；将目标价由80港元上调至84港元，维持“买入”评级，对快手的AI发展与商业化前景持乐观态度。\n\n\n海量资讯、精准解读，尽在新浪财经APP\n\n责任编辑：史丽君","news_type":1,"symbols_score_info":{"01024":1,"KSTmain":1}},"isVote":1,"tweetType":1,"viewCount":1894,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":469705875218920,"gmtCreate":1755705407980,"gmtModify":1755707005840,"author":{"id":"3480977285056834","authorId":"3480977285056834","name":"Yayoi","avatar":"https://static.tigerbbs.com/bf0a03b8bbef26ffd6f2ab331785b801","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3480977285056834","idStr":"3480977285056834"},"themes":[],"htmlText":"<a 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散户周末太无聊了","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/469661427191816","repostId":"1151575546","repostType":2,"repost":{"id":"1151575546","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1755687905,"share":"https://www.laohu8.com/m/news/1151575546?lang=zh_CN&edition=full","pubTime":"2025-08-20 19:05","market":"us","language":"zh","title":"港交所陈翊庭：港交所将研究24小时交易机制","url":"https://stock-news.laohu8.com/highlight/detail?id=1151575546","media":"老虎资讯综合","summary":"8月20日，在港交所2025年中期业绩会议上，港交所集团行政总裁陈翊庭表示：“港交所在保持全球竞争力方面始终坚持战略性投入原则。港交所在资本开支方面不会吝啬，我们持续加大在数据平台优化、交易结算系统升级等方面的投入力度。”在现场，陈翊庭回答了市场热议的延长交易时间的问题。","content":"<html><head></head><body><p style=\"text-align: start;\">8月20日，在港交所2025年中期业绩会议上，港交所集团行政总裁陈翊庭表示：“港交所在保持全球竞争力方面始终坚持战略性投入原则。</p><p style=\"text-align: start;\">港交所在资本开支方面不会吝啬，我们持续加大在数据平台优化、交易结算系统升级等方面的投入力度。”在现场，陈翊庭回答了市场热议的延长交易时间的问题。“关于交易时间延长议题，我们注意到纳斯达克拟于2026年下半年实施每周5天24小时交易机制。</p><p style=\"text-align: start;\">港交所将秉持审慎渐进原则，在充分借鉴国际同业经验的基础上，结合本地市场实际情况进行研究。该进程需待交易系统升级、风险管理体系完善及监管框架配套成熟后逐步完善。”她表示。</p><p style=\"text-align: start;\">陈翊庭表示，港交所正积极与市场参与者就缩短现货市场结算周期进行探讨，港交所的技术系统在今年年底前将可以支持T+1结算周期，但市场何时实行T+1结算需要征求多方市场参与者意见。（上海证券报）</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>港交所陈翊庭：港交所将研究24小时交易机制</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n港交所陈翊庭：港交所将研究24小时交易机制\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2025-08-20 19:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">8月20日，在港交所2025年中期业绩会议上，港交所集团行政总裁陈翊庭表示：“港交所在保持全球竞争力方面始终坚持战略性投入原则。</p><p style=\"text-align: start;\">港交所在资本开支方面不会吝啬，我们持续加大在数据平台优化、交易结算系统升级等方面的投入力度。”在现场，陈翊庭回答了市场热议的延长交易时间的问题。“关于交易时间延长议题，我们注意到纳斯达克拟于2026年下半年实施每周5天24小时交易机制。</p><p style=\"text-align: start;\">港交所将秉持审慎渐进原则，在充分借鉴国际同业经验的基础上，结合本地市场实际情况进行研究。该进程需待交易系统升级、风险管理体系完善及监管框架配套成熟后逐步完善。”她表示。</p><p style=\"text-align: start;\">陈翊庭表示，港交所正积极与市场参与者就缩短现货市场结算周期进行探讨，港交所的技术系统在今年年底前将可以支持T+1结算周期，但市场何时实行T+1结算需要征求多方市场参与者意见。（上海证券报）</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5a0d8d07bb7c07ed67df2bae10160584","relate_stocks":{"00388":"香港交易所"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151575546","content_text":"8月20日，在港交所2025年中期业绩会议上，港交所集团行政总裁陈翊庭表示：“港交所在保持全球竞争力方面始终坚持战略性投入原则。港交所在资本开支方面不会吝啬，我们持续加大在数据平台优化、交易结算系统升级等方面的投入力度。”在现场，陈翊庭回答了市场热议的延长交易时间的问题。“关于交易时间延长议题，我们注意到纳斯达克拟于2026年下半年实施每周5天24小时交易机制。港交所将秉持审慎渐进原则，在充分借鉴国际同业经验的基础上，结合本地市场实际情况进行研究。该进程需待交易系统升级、风险管理体系完善及监管框架配套成熟后逐步完善。”她表示。陈翊庭表示，港交所正积极与市场参与者就缩短现货市场结算周期进行探讨，港交所的技术系统在今年年底前将可以支持T+1结算周期，但市场何时实行T+1结算需要征求多方市场参与者意见。（上海证券报）","news_type":1,"symbols_score_info":{"00388":1.1}},"isVote":1,"tweetType":1,"viewCount":2218,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":455039446426272,"gmtCreate":1752111294403,"gmtModify":1752111296118,"author":{"id":"3480977285056834","authorId":"3480977285056834","name":"Yayoi","avatar":"https://static.tigerbbs.com/bf0a03b8bbef26ffd6f2ab331785b801","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3480977285056834","idStr":"3480977285056834"},"themes":[],"htmlText":"6千多万算什么主力","listText":"6千多万算什么主力","text":"6千多万算什么主力","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/455039446426272","repostId":"2550368273","repostType":2,"repost":{"id":"2550368273","kind":"news","pubTimestamp":1752048937,"share":"https://www.laohu8.com/m/news/2550368273?lang=zh_CN&edition=full","pubTime":"2025-07-09 16:15","market":"hk","language":"zh","title":"快手-W07月09日主力净流出6042.7万元 散户资金买入","url":"https://stock-news.laohu8.com/highlight/detail?id=2550368273","media":"市场透视","summary":"07月09日, 快手-W股价跌2.26%，报收64.75元，成交金额17.2亿元，换手率0.74%，振幅3.77%，量比0.69。快手-W今日主力资金净流出6042.7万元，上一交易日主力净流入5.4亿元。该股近5个交易日上涨5.04%，主力资金累计净流入6.9亿元，其中1个交易日为股价下跌时净流入；近20日主力资金累计净流入12.4亿元，其中净流入天数为11日。该股主力净额占比0.03%，港股市场排名2455/2673。","content":"<html><body><article><p>07月09日, <a href=\"https://laohu8.com/S/01024\">快手-W</a>股价跌2.26%，报收64.75元，成交金额17.2亿元，<span>换手率</span>0.74%，振幅3.77%，<span>量比</span>0.69。</p><p>快手-W今日主力资金（超大单+大单）净流出6042.7万元，上一交易日主力净流入5.4亿元。</p><p>该股近5个交易日上涨5.04%，主力资金累计净流入6.9亿元，其中1个交易日为股价下跌时净流入；近20日主力资金累计净流入12.4亿元，其中净流入天数为11日。</p><p>该股主力净额占比0.03%（主力资金净额/<span>流通市值</span>），港股市场排名2455/2673。</p><p>|07月09日主力加仓幅度排名||#|股票简称|主力净额占比|#|<a href=\"https://laohu8.com/S/300433\">蓝思科技</a>|6.38%|#|<a href=\"https://laohu8.com/S/01025\">嘉艺控股</a>|2.91%|#|<a href=\"https://laohu8.com/S/00515\">中华银科技(新)</a>|2.74%|#|...|...|#2455|快手-W|-0.03%|</p><p>（以上内容为<a href=\"https://laohu8.com/S/TCEHY\">腾讯</a>自选股基于公开消息，由程序或算法智能生成，仅作为用户看盘参考，不作为投资建议或交易依据。股市有风险，请谨慎决策。）</p></article></body></html>","source":"tencent","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>快手-W07月09日主力净流出6042.7万元 散户资金买入</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n快手-W07月09日主力净流出6042.7万元 散户资金买入\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-07-09 16:15 北京时间&nbsp;&nbsp;&nbsp;<a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20250709165757a69f076d&s=b><strong>市场透视</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>07月09日, 快手-W股价跌2.26%，报收64.75元，成交金额17.2亿元，换手率0.74%，振幅3.77%，量比0.69。快手-W今日主力资金（超大单+大单）净流出6042.7万元，上一交易日主力净流入5.4亿元。该股近5个交易日上涨5.04%，主力资金累计净流入6.9亿元，其中1个交易日为股价下跌时净流入；近20日主力资金累计净流入12.4亿元，其中净流入天数为11日。该股主力净额占比...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20250709165757a69f076d&s=b\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"81024":"快手-WR","LU0463099449.HKD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" (HKD) ACC","LU2097828805.USD":"AZ EQUITY CHINA \"A-AZ\" (USD) ACC","LU0348766576.USD":"ALLIANZ LITTLE DRAGONS \"A\" (USD) INC","LU0348767384.USD":"ALLIANZLITTLE DRAGONS \"A\" (USD) ACC","LU0140636845.USD":"施罗德大中华区股票A Acc","LU2097828474.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC A","LU0593848301.USD":"未来资产亚洲卓越消费股票基金A","LU1188198961.HKD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" (HKD) INC QV","LU0244354667.USD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" ACC","01024":"快手-W","LU1251922891.USD":"NINETY ONE GSF ALL CHINA 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href=\"https://www.gelonghui.com/rss/live/live.xml\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0052750758.USD":"富兰克林中国基金A Acc","LU1810669033.SGD":"FTIF - Templeton Emerging Markets Dynamic Income A (Mdis) SGD-H1","HTCD.SI":"Tencent HK SDR 10to1","LU1770034418.SGD":"ALL CHINA EQUITY \"A\" (SGDHDG) ACC","BK1591":"就地过年概念","LU1951186391.HKD":"UBS (LUX) KEY SEL CHINA ALLOCATION OPPORTUNITY (US \"P\" (HKD) INC","LU0823038988.USD":"AMUNDI FUNDS ASIA EQUITY FOCUS  \"A2\" (USD) ACC","LU0561508036.HKD":"ALLIANZ CHINA EQUITY \"A\" (HKD) INC","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","LU0348783662.USD":"ALLIANZ ORIENTAL INCOME \"A\" (USDHDG) INC","LU1813983027.USD":"MANULIFE GF DRAGON GROWTH \"AA\" (USD) INC","LU0516422440.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"A\" (USD) ACC","LU1868837565.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES \"1\" (USD) ACC","LU0463099449.HKD":"SCHRODER ISF 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今天这是要奔着55去了么","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/447527696683176","isVote":1,"tweetType":1,"viewCount":20306,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":437646688731304,"gmtCreate":1747878085759,"gmtModify":1747878365435,"author":{"id":"3480977285056834","authorId":"3480977285056834","name":"Yayoi","avatar":"https://static.tigerbbs.com/bf0a03b8bbef26ffd6f2ab331785b801","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3480977285056834","idStr":"3480977285056834"},"themes":[],"htmlText":"没啥利好消息就发点天气预报","listText":"没啥利好消息就发点天气预报","text":"没啥利好消息就发点天气预报","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/437646688731304","repostId":"2537670417","repostType":2,"repost":{"id":"2537670417","kind":"news","pubTimestamp":1747804320,"share":"https://www.laohu8.com/m/news/2537670417?lang=zh_CN&edition=full","pubTime":"2025-05-21 13:12","market":"sh","language":"zh","title":"康乐：很多国际品牌都开始布局下沉市场，快手是个非常好的选择","url":"https://stock-news.laohu8.com/highlight/detail?id=2537670417","media":"睿见Economy","summary":"　　“2025IAI传鉴国际创意节”于5月21日-22日在北京举行。快手磁力引擎大快消业务负责人兼快手电商美妆跨境行业运营负责人康乐出席并演讲。　　康乐表示，五一期间快手本地生活门票销售TOP3为沈阳森林动物园、唐山河头老街和上海东方明珠。　　“现在很多国际品牌都开始去布局新一线城市，就是更加偏下沉的城市，那快手其实是一个非常好的选择。”","content":"<html><body><div>\n<p> 专题：2025IAI传鉴国际创意节</p>\n<p>　　“2025IAI传鉴国际创意节”于5月21日-22日在北京举行。快手磁力引擎大快消业务负责人兼快手电商美妆跨境行业运营负责人康乐出席并演讲。</p>\n<div><img src=\"http://n.sinaimg.cn/finance/transform/80/w550h330/20250521/48e1-6d1d9d15438e04b1fe5caed0b89934ae.png\"/><span></span></div>\n<p>　　康乐表示，五一期间快手本地生活门票销售TOP3为沈阳森林动物园、唐山河头老街和上海<span><a href=\"https://laohu8.com/S/600637\">东方明珠</a></span><span></span>。</p>\n<p>　　他还提到，国补的补贴成交增长最高的省份是内陆的两个省份，一个是湖北省，它整个的交易提升达到了60%，另外一个是湖南省，并不是北上广深或者一线和二线的城市。</p>\n<p>　　康乐指出，中国GDP过万亿的城市数量不足10%，意味着有10亿人生活在GDP不过万亿的城市，与一二线城市的人相比，他们有时间、有消费力、受广告干扰少。</p>\n<p>　　他介绍，快手4.3亿日活用户中，三线以下占比44.3%，月均1.4亿电商买家支撑起1.38万亿GMV。</p>\n<p>　　“现在很多国际品牌都开始去布局新一线城市，就是更加偏下沉的城市，那快手其实是一个非常好的选择。”康乐说。</p>\n<p><span>　　新浪声明：所有会议实录均为现场速记整理，未经演讲者审阅，新浪网登载此文出于传递更多信息之目的，并不意味着赞同其观点或证实其描述。</span></p>\n<div>\n<div><img src=\"\"/></div>\n<div>海量资讯、精准解读，尽在新浪财经APP</div>\n</div>\n<p>责任编辑：王翔 </p>\n</div></body></html>","source":"sina","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>康乐：很多国际品牌都开始布局下沉市场，快手是个非常好的选择</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n康乐：很多国际品牌都开始布局下沉市场，快手是个非常好的选择\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-05-21 13:12 北京时间&nbsp;&nbsp;&nbsp;<a href=https://finance.sina.com.cn/hy/hyjz/2025-05-21/doc-inexicea0394301.shtml><strong>睿见Economy</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>专题：2025IAI传鉴国际创意节\n　　“2025IAI传鉴国际创意节”于5月21日-22日在北京举行。快手磁力引擎大快消业务负责人兼快手电商美妆跨境行业运营负责人康乐出席并演讲。\n\n　　康乐表示，五一期间快手本地生活门票销售TOP3为沈阳森林动物园、唐山河头老街和上海东方明珠。\n　　他还提到，国补的补贴成交增长最高的省份是内陆的两个省份，一个是湖北省，它整个的交易提升达到了60%，另外一个是...</p>\n\n<a href=\"https://finance.sina.com.cn/hy/hyjz/2025-05-21/doc-inexicea0394301.shtml\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"81024":"快手-WR","LU0348767384.USD":"ALLIANZLITTLE DRAGONS \"A\" (USD) ACC","LU2097828474.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC A","LU0593848301.USD":"未来资产亚洲卓越消费股票基金A","BK1610":"ETF&股票定投概念","BK1615":"港股-互联网","BK1095":"互动媒体与服务","LU0348766576.USD":"ALLIANZ LITTLE DRAGONS \"A\" (USD) INC","BK1608":"元宇宙概念","BK1575":"同股不同权","LU0463099449.HKD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" (HKD) ACC","LU1188198961.HKD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" (HKD) INC QV","LU0244354667.USD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" ACC","LU1251922891.USD":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (USD) ACC","BK1591":"就地过年概念","LU1720050803.USD":"安联全方位中国股票基金","LU0326950275.SGD":"Schroder ISF China Opportunities A Acc SGD-H","LU1303224171.USD":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (USD) INC","BK1590":"短视频概念股","LU2097828557.USD":"AZ EQUITY CHINA \"A\" (USD) ACC","LU1719994722.HKD":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (HKD) ACC","LU2097828631.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC","LU1794554557.SGD":"Allianz All China Equity AT Acc H2-SGD","LU1770034418.SGD":"ALL CHINA EQUITY \"A\" (SGDHDG) ACC","LU2097828714.EUR":"AZ EQUITY CHINA \"BAZ\" (EUR) ACC","LU2097828805.USD":"AZ EQUITY CHINA \"A-AZ\" (USD) ACC","01024":"快手-W"},"source_url":"https://finance.sina.com.cn/hy/hyjz/2025-05-21/doc-inexicea0394301.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/b0d1b7e8843deea78cc308b15114de44","article_id":"2537670417","content_text":"专题：2025IAI传鉴国际创意节\n　　“2025IAI传鉴国际创意节”于5月21日-22日在北京举行。快手磁力引擎大快消业务负责人兼快手电商美妆跨境行业运营负责人康乐出席并演讲。\n\n　　康乐表示，五一期间快手本地生活门票销售TOP3为沈阳森林动物园、唐山河头老街和上海东方明珠。\n　　他还提到，国补的补贴成交增长最高的省份是内陆的两个省份，一个是湖北省，它整个的交易提升达到了60%，另外一个是湖南省，并不是北上广深或者一线和二线的城市。\n　　康乐指出，中国GDP过万亿的城市数量不足10%，意味着有10亿人生活在GDP不过万亿的城市，与一二线城市的人相比，他们有时间、有消费力、受广告干扰少。\n　　他介绍，快手4.3亿日活用户中，三线以下占比44.3%，月均1.4亿电商买家支撑起1.38万亿GMV。\n　　“现在很多国际品牌都开始去布局新一线城市，就是更加偏下沉的城市，那快手其实是一个非常好的选择。”康乐说。\n　　新浪声明：所有会议实录均为现场速记整理，未经演讲者审阅，新浪网登载此文出于传递更多信息之目的，并不意味着赞同其观点或证实其描述。\n\n\n海量资讯、精准解读，尽在新浪财经APP\n\n责任编辑：王翔","news_type":1,"symbols_score_info":{"81024":0.6,"KSTmain":0.6,"01024":1}},"isVote":1,"tweetType":1,"viewCount":2212,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":420298952389136,"gmtCreate":1743642689839,"gmtModify":1743642691787,"author":{"id":"3480977285056834","authorId":"3480977285056834","name":"Yayoi","avatar":"https://static.tigerbbs.com/bf0a03b8bbef26ffd6f2ab331785b801","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3480977285056834","idStr":"3480977285056834"},"themes":[],"htmlText":"[爱你]&nbsp;&nbsp;","listText":"[爱你]&nbsp;&nbsp;","text":"[爱你]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/420298952389136","repostId":"1105425533","repostType":2,"repost":{"id":"1105425533","kind":"news","weMediaInfo":{"introduction":"致力于提供最及时的财经资讯，最专业的解读分析，覆盖宏观经济、金融机构、A股市场、上市公司、投资理财等财经领域。","home_visible":1,"media_name":"券商中国","id":"9","head_image":"https://static.tigerbbs.com/d482d56459984e8c86a6a137295b3c4f"},"pubTimestamp":1743639906,"share":"https://www.laohu8.com/m/news/1105425533?lang=zh_CN&edition=full","pubTime":"2025-04-03 08:25","market":"hk","language":"zh","title":"腾讯大手笔回购！一季度斥资171亿港元，超去年同期","url":"https://stock-news.laohu8.com/highlight/detail?id=1105425533","media":"券商中国","summary":"券商中国记者注意到，港交所公开信息显示，截至3月31日，腾讯一季度累计回购4298.4万股，耗资超171.2亿港元，超越了去年同期的148亿港元，同比增长15.67%。据了解，2024年全年腾讯以1120亿港元的回购总额，蝉联港股“回购王”。其中，在今年1月份，腾讯连续在8个交易日日均回购15亿港元；进入3月份，在财报窗口期结束后，3月24日到3月31日连续6个交易日，腾讯也以日均5亿港元持续进行回购。","content":"<html><head></head><body><p>随着2025年一季度收官，<a href=\"https://laohu8.com/S/00700\">腾讯控股</a>回购数据进一步浮出水面。</p><p>券商中国记者注意到，港交所公开信息显示，截至3月31日，腾讯一季度累计回购4298.4万股，耗资超171.2亿港元，超越了去年同期的148亿港元，同比增长15.67%。</p><p>据了解，2024年全年腾讯以1120亿港元的回购总额，蝉联港股“回购王”。</p><p>今年3月19日，腾讯在最新发布的年报中宣布，2025年继续增强股东回报，预计回购股份规模至少800亿港元。同时，腾讯将现金红利增加32%至约410亿港元，2025年总股东回报最少达1210亿港元。</p><p><strong>增强股东回报，腾讯一季度回购同比增长15.67%</strong></p><p>一季度原本为腾讯回购“淡季”，由于年报时间窗口和春节假期等因素，腾讯可回购交易日数量较少，仅出手17次，不过，整体回购金额较去年同期增加约15.67%。</p><p>其中，在今年1月份，腾讯连续在8个交易日日均回购15亿港元；进入3月份，在财报窗口期结束后，3月24日到3月31日连续6个交易日，腾讯也以日均5亿港元持续进行回购。</p><p>实际上，腾讯自2021年以来，连年的回购金额都创历史新高。具体来看，2021年腾讯回购了558万股，回购金额达到了26亿港元；2022年腾讯回购了1.07亿股，回购金额达到了338亿港元；2023年腾讯回购了1.49亿股，回购金额达到了494亿港元；2024年腾讯回购了3.07亿股，回购金额达到了1120亿港元。</p><p>据悉，近年来腾讯强化股东回报，进行注销式回购和加大现金分红是两大重要举措。</p><p>在交易所非强制制度下，腾讯一直主动选择注销式回购，带动总股本显著下降，直接增厚了每股收益，增强股东回报。</p><p>去年以来，腾讯总股本维持在92亿左右的水平，降至10年来最低水平。从2021年末以来，腾讯总股本减少了近4亿股。</p><p>业内人士分析，2025年新的回购行动有望带动腾讯总股本进一步下降。而总股本的下降，叠加业绩的健康上升，腾讯每股收益持续增加。</p><p>腾讯最新财报显示，2024年第四季度腾讯高质量转型业绩持续兑现，营收同比增长11%至1724.5亿元，经营利润（Non-IFRS）594.75亿元，以21%的同比增速连续第九个季度领跑营收增长。其每股收益（Non-IFRS）更是达到6.032港元，同比增长33%，增速再次跑赢收入和经营利润增速。</p><p>现金分红方面，腾讯2025年拟派发每股红利4.5港元，同比增长32%，分红总额约合410亿港元，再加上回购计划至少800亿港元，2025年总股东回报预计超1210亿港元。</p><p>2024年腾讯派发现金红利为每股3.4港元，已经较2022、2023年的1.6港元及2.4港元显著提升。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7600d86b50589372480e10703cf8adf4\" alt=\"\" title=\"\" tg-width=\"622\" tg-height=\"602\"/></p><p><strong>加码AI，资本开支显著增加</strong></p><p>值得一提的是，腾讯在增强股东回报的同时，也在加码投资未来。从去年开始，腾讯持续加大AI投入，资本开支显著增加。</p><p>最新发布的财报显示，腾讯2024年资本开支连续四个季度实现同比三位数增长，年度资本开支更突破了767亿元，同比增长221%，创历史新高。</p><p>加大AI投入，也是腾讯押注未来，努力为股东提供的另一种回报。腾讯正在两种不同回报模式中探索平衡。</p><p>据了解，自去年以来，腾讯AI布局明显加速，尤其从今年初开始，腾讯AI战略更趋明朗，“自研+开源”多模型策略全面重塑业务：自研混元大模型接入700+内部场景，并推出混元T1和Turbo S，驱动多业务增长；腾讯元宝、腾讯文档、AI工作台ima等积极拥抱开源大模型生态，充分受益于行业创新为用户提供优质AI体验。</p><p>今年3月25日，腾讯云AI应用工具箱迎来了重大升级，率先上线了DeepSeek-V3-0324版本。这一举措体现了腾讯云在AI领域的技术实力，更为企业和开发者提供了更强大的工具，助力其在数字化转型的浪潮中乘风破浪。</p><p>腾讯总裁刘炽平近期在业绩沟通会上表示，该公司资本配置的首要原则，就是能切实为公司和股东创造回报，并通过分红和股票回购向股东返还现金。由于当下AI潜力巨大，有望为未来带来丰厚回报，所以腾讯希望制定这样一种投资策略，一方面投资于公司的未来，另一方面，继续通过分红和股票回购，为股东提供当下收益。</p><p>“我们努力在当下收益与未来投资间寻求平衡。”他表示。</p><p>从现金流情况看，腾讯财报显示，2024年腾讯经营性现金流净额达到2585亿元，较2023年劲增365亿多，截至2024年末，其流动资产更是达到4962亿元，健康可持续增长的经营能力和良好的资产流动性，让腾讯有足够资金投资于未来并持续增加股东回报。</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>腾讯大手笔回购！一季度斥资171亿港元，超去年同期</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n腾讯大手笔回购！一季度斥资171亿港元，超去年同期\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/9\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d482d56459984e8c86a6a137295b3c4f);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">券商中国 </p>\n<p class=\"h-time\">2025-04-03 08:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>随着2025年一季度收官，<a href=\"https://laohu8.com/S/00700\">腾讯控股</a>回购数据进一步浮出水面。</p><p>券商中国记者注意到，港交所公开信息显示，截至3月31日，腾讯一季度累计回购4298.4万股，耗资超171.2亿港元，超越了去年同期的148亿港元，同比增长15.67%。</p><p>据了解，2024年全年腾讯以1120亿港元的回购总额，蝉联港股“回购王”。</p><p>今年3月19日，腾讯在最新发布的年报中宣布，2025年继续增强股东回报，预计回购股份规模至少800亿港元。同时，腾讯将现金红利增加32%至约410亿港元，2025年总股东回报最少达1210亿港元。</p><p><strong>增强股东回报，腾讯一季度回购同比增长15.67%</strong></p><p>一季度原本为腾讯回购“淡季”，由于年报时间窗口和春节假期等因素，腾讯可回购交易日数量较少，仅出手17次，不过，整体回购金额较去年同期增加约15.67%。</p><p>其中，在今年1月份，腾讯连续在8个交易日日均回购15亿港元；进入3月份，在财报窗口期结束后，3月24日到3月31日连续6个交易日，腾讯也以日均5亿港元持续进行回购。</p><p>实际上，腾讯自2021年以来，连年的回购金额都创历史新高。具体来看，2021年腾讯回购了558万股，回购金额达到了26亿港元；2022年腾讯回购了1.07亿股，回购金额达到了338亿港元；2023年腾讯回购了1.49亿股，回购金额达到了494亿港元；2024年腾讯回购了3.07亿股，回购金额达到了1120亿港元。</p><p>据悉，近年来腾讯强化股东回报，进行注销式回购和加大现金分红是两大重要举措。</p><p>在交易所非强制制度下，腾讯一直主动选择注销式回购，带动总股本显著下降，直接增厚了每股收益，增强股东回报。</p><p>去年以来，腾讯总股本维持在92亿左右的水平，降至10年来最低水平。从2021年末以来，腾讯总股本减少了近4亿股。</p><p>业内人士分析，2025年新的回购行动有望带动腾讯总股本进一步下降。而总股本的下降，叠加业绩的健康上升，腾讯每股收益持续增加。</p><p>腾讯最新财报显示，2024年第四季度腾讯高质量转型业绩持续兑现，营收同比增长11%至1724.5亿元，经营利润（Non-IFRS）594.75亿元，以21%的同比增速连续第九个季度领跑营收增长。其每股收益（Non-IFRS）更是达到6.032港元，同比增长33%，增速再次跑赢收入和经营利润增速。</p><p>现金分红方面，腾讯2025年拟派发每股红利4.5港元，同比增长32%，分红总额约合410亿港元，再加上回购计划至少800亿港元，2025年总股东回报预计超1210亿港元。</p><p>2024年腾讯派发现金红利为每股3.4港元，已经较2022、2023年的1.6港元及2.4港元显著提升。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7600d86b50589372480e10703cf8adf4\" alt=\"\" title=\"\" tg-width=\"622\" tg-height=\"602\"/></p><p><strong>加码AI，资本开支显著增加</strong></p><p>值得一提的是，腾讯在增强股东回报的同时，也在加码投资未来。从去年开始，腾讯持续加大AI投入，资本开支显著增加。</p><p>最新发布的财报显示，腾讯2024年资本开支连续四个季度实现同比三位数增长，年度资本开支更突破了767亿元，同比增长221%，创历史新高。</p><p>加大AI投入，也是腾讯押注未来，努力为股东提供的另一种回报。腾讯正在两种不同回报模式中探索平衡。</p><p>据了解，自去年以来，腾讯AI布局明显加速，尤其从今年初开始，腾讯AI战略更趋明朗，“自研+开源”多模型策略全面重塑业务：自研混元大模型接入700+内部场景，并推出混元T1和Turbo S，驱动多业务增长；腾讯元宝、腾讯文档、AI工作台ima等积极拥抱开源大模型生态，充分受益于行业创新为用户提供优质AI体验。</p><p>今年3月25日，腾讯云AI应用工具箱迎来了重大升级，率先上线了DeepSeek-V3-0324版本。这一举措体现了腾讯云在AI领域的技术实力，更为企业和开发者提供了更强大的工具，助力其在数字化转型的浪潮中乘风破浪。</p><p>腾讯总裁刘炽平近期在业绩沟通会上表示，该公司资本配置的首要原则，就是能切实为公司和股东创造回报，并通过分红和股票回购向股东返还现金。由于当下AI潜力巨大，有望为未来带来丰厚回报，所以腾讯希望制定这样一种投资策略，一方面投资于公司的未来，另一方面，继续通过分红和股票回购，为股东提供当下收益。</p><p>“我们努力在当下收益与未来投资间寻求平衡。”他表示。</p><p>从现金流情况看，腾讯财报显示，2024年腾讯经营性现金流净额达到2585亿元，较2023年劲增365亿多，截至2024年末，其流动资产更是达到4962亿元，健康可持续增长的经营能力和良好的资产流动性，让腾讯有足够资金投资于未来并持续增加股东回报。</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e7799eeb7043b8caaf3d109c3b13109e","relate_stocks":{"IE0032834883.USD":"FSSA ASIAN EQUITY PLUS \"I\" (USD) INC","BK1521":"挪威政府全球养老基金持仓","LU0039217434.USD":"HSBC GIF CHINESE EQUITY \"AD\" INC","BK1586":"云计算","HK0000320264.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) ACC","HK0000306685.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) INC","IE00B067MR52.USD":"FSSA 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ACC"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105425533","content_text":"随着2025年一季度收官，腾讯控股回购数据进一步浮出水面。券商中国记者注意到，港交所公开信息显示，截至3月31日，腾讯一季度累计回购4298.4万股，耗资超171.2亿港元，超越了去年同期的148亿港元，同比增长15.67%。据了解，2024年全年腾讯以1120亿港元的回购总额，蝉联港股“回购王”。今年3月19日，腾讯在最新发布的年报中宣布，2025年继续增强股东回报，预计回购股份规模至少800亿港元。同时，腾讯将现金红利增加32%至约410亿港元，2025年总股东回报最少达1210亿港元。增强股东回报，腾讯一季度回购同比增长15.67%一季度原本为腾讯回购“淡季”，由于年报时间窗口和春节假期等因素，腾讯可回购交易日数量较少，仅出手17次，不过，整体回购金额较去年同期增加约15.67%。其中，在今年1月份，腾讯连续在8个交易日日均回购15亿港元；进入3月份，在财报窗口期结束后，3月24日到3月31日连续6个交易日，腾讯也以日均5亿港元持续进行回购。实际上，腾讯自2021年以来，连年的回购金额都创历史新高。具体来看，2021年腾讯回购了558万股，回购金额达到了26亿港元；2022年腾讯回购了1.07亿股，回购金额达到了338亿港元；2023年腾讯回购了1.49亿股，回购金额达到了494亿港元；2024年腾讯回购了3.07亿股，回购金额达到了1120亿港元。据悉，近年来腾讯强化股东回报，进行注销式回购和加大现金分红是两大重要举措。在交易所非强制制度下，腾讯一直主动选择注销式回购，带动总股本显著下降，直接增厚了每股收益，增强股东回报。去年以来，腾讯总股本维持在92亿左右的水平，降至10年来最低水平。从2021年末以来，腾讯总股本减少了近4亿股。业内人士分析，2025年新的回购行动有望带动腾讯总股本进一步下降。而总股本的下降，叠加业绩的健康上升，腾讯每股收益持续增加。腾讯最新财报显示，2024年第四季度腾讯高质量转型业绩持续兑现，营收同比增长11%至1724.5亿元，经营利润（Non-IFRS）594.75亿元，以21%的同比增速连续第九个季度领跑营收增长。其每股收益（Non-IFRS）更是达到6.032港元，同比增长33%，增速再次跑赢收入和经营利润增速。现金分红方面，腾讯2025年拟派发每股红利4.5港元，同比增长32%，分红总额约合410亿港元，再加上回购计划至少800亿港元，2025年总股东回报预计超1210亿港元。2024年腾讯派发现金红利为每股3.4港元，已经较2022、2023年的1.6港元及2.4港元显著提升。加码AI，资本开支显著增加值得一提的是，腾讯在增强股东回报的同时，也在加码投资未来。从去年开始，腾讯持续加大AI投入，资本开支显著增加。最新发布的财报显示，腾讯2024年资本开支连续四个季度实现同比三位数增长，年度资本开支更突破了767亿元，同比增长221%，创历史新高。加大AI投入，也是腾讯押注未来，努力为股东提供的另一种回报。腾讯正在两种不同回报模式中探索平衡。据了解，自去年以来，腾讯AI布局明显加速，尤其从今年初开始，腾讯AI战略更趋明朗，“自研+开源”多模型策略全面重塑业务：自研混元大模型接入700+内部场景，并推出混元T1和Turbo S，驱动多业务增长；腾讯元宝、腾讯文档、AI工作台ima等积极拥抱开源大模型生态，充分受益于行业创新为用户提供优质AI体验。今年3月25日，腾讯云AI应用工具箱迎来了重大升级，率先上线了DeepSeek-V3-0324版本。这一举措体现了腾讯云在AI领域的技术实力，更为企业和开发者提供了更强大的工具，助力其在数字化转型的浪潮中乘风破浪。腾讯总裁刘炽平近期在业绩沟通会上表示，该公司资本配置的首要原则，就是能切实为公司和股东创造回报，并通过分红和股票回购向股东返还现金。由于当下AI潜力巨大，有望为未来带来丰厚回报，所以腾讯希望制定这样一种投资策略，一方面投资于公司的未来，另一方面，继续通过分红和股票回购，为股东提供当下收益。“我们努力在当下收益与未来投资间寻求平衡。”他表示。从现金流情况看，腾讯财报显示，2024年腾讯经营性现金流净额达到2585亿元，较2023年劲增365亿多，截至2024年末，其流动资产更是达到4962亿元，健康可持续增长的经营能力和良好的资产流动性，让腾讯有足够资金投资于未来并持续增加股东回报。","news_type":1,"symbols_score_info":{"00700":1,"TCEHY":1}},"isVote":1,"tweetType":1,"viewCount":357,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132613235,"gmtCreate":1622084302227,"gmtModify":1622084302227,"author":{"id":"3480977285056834","authorId":"3480977285056834","name":"Yayoi","avatar":"https://static.tigerbbs.com/bf0a03b8bbef26ffd6f2ab331785b801","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3480977285056834","idStr":"3480977285056834"},"themes":[],"htmlText":"这篇文章不错，转发给大家看","listText":"这篇文章不错，转发给大家看","text":"这篇文章不错，转发给大家看","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/132613235","repostId":"138287136","repostType":1,"repost":{"id":138287136,"gmtCreate":1621943618425,"gmtModify":1746039569936,"author":{"id":"3532831849818465","authorId":"3532831849818465","name":"许亚鑫","avatar":"https://static.tigerbbs.com/72cbe26a31edf2913e619f4aa762d2d4","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3532831849818465","idStr":"3532831849818465"},"themes":[],"title":"A50如期放量上涨！6月17日是下一个关键节点","htmlText":"公号：许亚鑫 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解读2021年第一季度货币政策执行报告的时候，许导指出，从未来的货币政策展望上来看，仍然强调稳字当头，意味着对于股市偏中性。那么如果想要给市场注入信心，唯一的可能性便是财政政策，而政府债发行的高峰有可能就在5月底至6月初启动，那么流动性一来，市场能不涨吗？流动性溢价不就是这么来的嘛。 这便是我们常常说的：市场宏观分析。 当然，我也知你们当中有人还会吐槽，“你又不给我们分析这些，我又没参与课程学习，我怎知道？”别急，许导也提前做好了预判。 请看5月12日文章，《市场变盘成功，扫货的好时机到了》，有没有提到过： 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一、拜登时代开启，Q4财报季提速。 二、二次上市风云再起，这类新股怎么打？ 正文部分 拜登时代开启：拜登就职、1.9亿刺激、特朗普弹劾 本周一，美股因马丁·路德·金纪念日休市一日。虽然是个交易短周，但近期拜登就职典礼、特朗普弹劾案、财政纾困措施，还有疫苗进展都备受关注。 拜登就职后是否会收紧抗疫措施，1.9亿纾困方案能否全盘落地，这些都会影响市场阶段的波动。 往前看，对于Q2来讲，通胀则是不能忽略的因素（例如，疫苗进展快，财政刺激到位，复工复产超预期，通胀跃升至2%，这种情形可能会加速QE边际拐点的来临）；不过如果疫苗进展缓慢，也可能会淡化通胀风险。就目前而言，至少鲍威尔还不认为是讨论退出宽松政策的时候，现阶段我们仍然看好Q1美股表现，对应<a target=\"_blank\" href=\"https://laohu8.com/S/.SPX\">$标普500(.SPX)$</a> 4000点的位置。<a target=\"_blank\" href=\"https://laohu8.com/S/SPY\">$标普500ETF(SPY)$</a><a target=\"_blank\" href=\"https://laohu8.com/S/.IXIC\">$纳斯达克(.IXIC)$</a> Q4财报季提速：奈飞付费用户突破2亿，英特尔迎来新掌门人 本周Q4财报季将提速，超过90家公司发布业绩，以高盛、摩根士丹利、美国银行等大型银行股为主，以及奈飞、英特尔、阿斯麦等行业领头羊。此外，中概教育双雄新东方、好未来也将公布财报。 我们继续看好美股复苏主题，建议持续关注盈利、经营现金流修复，且经营杠杆较高的饮料、银行，航空等传统行业。（上周<a target=\"_blank\" href=\"https://laohu8.com/S/MS\">$摩根士丹利(MS)$</a> 、","listText":"报告要点 一、拜登时代开启，Q4财报季提速。 二、二次上市风云再起，这类新股怎么打？ 正文部分 拜登时代开启：拜登就职、1.9亿刺激、特朗普弹劾 本周一，美股因马丁·路德·金纪念日休市一日。虽然是个交易短周，但近期拜登就职典礼、特朗普弹劾案、财政纾困措施，还有疫苗进展都备受关注。 拜登就职后是否会收紧抗疫措施，1.9亿纾困方案能否全盘落地，这些都会影响市场阶段的波动。 往前看，对于Q2来讲，通胀则是不能忽略的因素（例如，疫苗进展快，财政刺激到位，复工复产超预期，通胀跃升至2%，这种情形可能会加速QE边际拐点的来临）；不过如果疫苗进展缓慢，也可能会淡化通胀风险。就目前而言，至少鲍威尔还不认为是讨论退出宽松政策的时候，现阶段我们仍然看好Q1美股表现，对应<a target=\"_blank\" href=\"https://laohu8.com/S/.SPX\">$标普500(.SPX)$</a> 4000点的位置。<a target=\"_blank\" href=\"https://laohu8.com/S/SPY\">$标普500ETF(SPY)$</a><a target=\"_blank\" href=\"https://laohu8.com/S/.IXIC\">$纳斯达克(.IXIC)$</a> Q4财报季提速：奈飞付费用户突破2亿，英特尔迎来新掌门人 本周Q4财报季将提速，超过90家公司发布业绩，以高盛、摩根士丹利、美国银行等大型银行股为主，以及奈飞、英特尔、阿斯麦等行业领头羊。此外，中概教育双雄新东方、好未来也将公布财报。 我们继续看好美股复苏主题，建议持续关注盈利、经营现金流修复，且经营杠杆较高的饮料、银行，航空等传统行业。（上周<a target=\"_blank\" href=\"https://laohu8.com/S/MS\">$摩根士丹利(MS)$</a> 、","text":"报告要点 一、拜登时代开启，Q4财报季提速。 二、二次上市风云再起，这类新股怎么打？ 正文部分 拜登时代开启：拜登就职、1.9亿刺激、特朗普弹劾 本周一，美股因马丁·路德·金纪念日休市一日。虽然是个交易短周，但近期拜登就职典礼、特朗普弹劾案、财政纾困措施，还有疫苗进展都备受关注。 拜登就职后是否会收紧抗疫措施，1.9亿纾困方案能否全盘落地，这些都会影响市场阶段的波动。 往前看，对于Q2来讲，通胀则是不能忽略的因素（例如，疫苗进展快，财政刺激到位，复工复产超预期，通胀跃升至2%，这种情形可能会加速QE边际拐点的来临）；不过如果疫苗进展缓慢，也可能会淡化通胀风险。就目前而言，至少鲍威尔还不认为是讨论退出宽松政策的时候，现阶段我们仍然看好Q1美股表现，对应$标普500(.SPX)$ 4000点的位置。$标普500ETF(SPY)$$纳斯达克(.IXIC)$ Q4财报季提速：奈飞付费用户突破2亿，英特尔迎来新掌门人 本周Q4财报季将提速，超过90家公司发布业绩，以高盛、摩根士丹利、美国银行等大型银行股为主，以及奈飞、英特尔、阿斯麦等行业领头羊。此外，中概教育双雄新东方、好未来也将公布财报。 我们继续看好美股复苏主题，建议持续关注盈利、经营现金流修复，且经营杠杆较高的饮料、银行，航空等传统行业。（上周$摩根士丹利(MS)$ 、","images":[{"img":"https://static.tigerbbs.com/bd36e10a0c7a38edc2d18054c172b775","width":"1402","height":"811"},{"img":"https://static.tigerbbs.com/d1d950321e5854b2393114aaa6b5c3db","width":"765","height":"736"},{"img":"https://static.tigerbbs.com/152290249ca32a7194df67c2a3824c0e","width":"1408","height":"580"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/334499654","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":8,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":5516,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3527667803686145","authorId":"3527667803686145","name":"社区成长助手","avatar":"https://static.tigerbbs.com/2b7c7106b5c0c8b0037faa67439d898f","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3527667803686145","idStr":"3527667803686145"},"content":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题，可以获得更多曝光哦～如果您想创作优质文章，请查看老虎社区创作指引","text":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题，可以获得更多曝光哦～如果您想创作优质文章，请查看老虎社区创作指引","html":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题，可以获得更多曝光哦～如果您想创作优质文章，请查看老虎社区创作指引"}],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":469661427191816,"gmtCreate":1755694581135,"gmtModify":1755694582890,"author":{"id":"3480977285056834","authorId":"3480977285056834","name":"Yayoi","avatar":"https://static.tigerbbs.com/bf0a03b8bbef26ffd6f2ab331785b801","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3480977285056834","authorIdStr":"3480977285056834"},"themes":[],"htmlText":"24小时没啥必要 一年365天交易可以有 散户周末太无聊了","listText":"24小时没啥必要 一年365天交易可以有 散户周末太无聊了","text":"24小时没啥必要 一年365天交易可以有 散户周末太无聊了","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/469661427191816","repostId":"1151575546","repostType":2,"repost":{"id":"1151575546","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1755687905,"share":"https://www.laohu8.com/m/news/1151575546?lang=zh_CN&edition=full","pubTime":"2025-08-20 19:05","market":"us","language":"zh","title":"港交所陈翊庭：港交所将研究24小时交易机制","url":"https://stock-news.laohu8.com/highlight/detail?id=1151575546","media":"老虎资讯综合","summary":"8月20日，在港交所2025年中期业绩会议上，港交所集团行政总裁陈翊庭表示：“港交所在保持全球竞争力方面始终坚持战略性投入原则。港交所在资本开支方面不会吝啬，我们持续加大在数据平台优化、交易结算系统升级等方面的投入力度。”在现场，陈翊庭回答了市场热议的延长交易时间的问题。","content":"<html><head></head><body><p style=\"text-align: start;\">8月20日，在港交所2025年中期业绩会议上，港交所集团行政总裁陈翊庭表示：“港交所在保持全球竞争力方面始终坚持战略性投入原则。</p><p style=\"text-align: start;\">港交所在资本开支方面不会吝啬，我们持续加大在数据平台优化、交易结算系统升级等方面的投入力度。”在现场，陈翊庭回答了市场热议的延长交易时间的问题。“关于交易时间延长议题，我们注意到纳斯达克拟于2026年下半年实施每周5天24小时交易机制。</p><p style=\"text-align: start;\">港交所将秉持审慎渐进原则，在充分借鉴国际同业经验的基础上，结合本地市场实际情况进行研究。该进程需待交易系统升级、风险管理体系完善及监管框架配套成熟后逐步完善。”她表示。</p><p style=\"text-align: start;\">陈翊庭表示，港交所正积极与市场参与者就缩短现货市场结算周期进行探讨，港交所的技术系统在今年年底前将可以支持T+1结算周期，但市场何时实行T+1结算需要征求多方市场参与者意见。（上海证券报）</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>港交所陈翊庭：港交所将研究24小时交易机制</title>\n<style 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start;\">8月20日，在港交所2025年中期业绩会议上，港交所集团行政总裁陈翊庭表示：“港交所在保持全球竞争力方面始终坚持战略性投入原则。</p><p style=\"text-align: start;\">港交所在资本开支方面不会吝啬，我们持续加大在数据平台优化、交易结算系统升级等方面的投入力度。”在现场，陈翊庭回答了市场热议的延长交易时间的问题。“关于交易时间延长议题，我们注意到纳斯达克拟于2026年下半年实施每周5天24小时交易机制。</p><p style=\"text-align: start;\">港交所将秉持审慎渐进原则，在充分借鉴国际同业经验的基础上，结合本地市场实际情况进行研究。该进程需待交易系统升级、风险管理体系完善及监管框架配套成熟后逐步完善。”她表示。</p><p style=\"text-align: start;\">陈翊庭表示，港交所正积极与市场参与者就缩短现货市场结算周期进行探讨，港交所的技术系统在今年年底前将可以支持T+1结算周期，但市场何时实行T+1结算需要征求多方市场参与者意见。（上海证券报）</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5a0d8d07bb7c07ed67df2bae10160584","relate_stocks":{"00388":"香港交易所"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151575546","content_text":"8月20日，在港交所2025年中期业绩会议上，港交所集团行政总裁陈翊庭表示：“港交所在保持全球竞争力方面始终坚持战略性投入原则。港交所在资本开支方面不会吝啬，我们持续加大在数据平台优化、交易结算系统升级等方面的投入力度。”在现场，陈翊庭回答了市场热议的延长交易时间的问题。“关于交易时间延长议题，我们注意到纳斯达克拟于2026年下半年实施每周5天24小时交易机制。港交所将秉持审慎渐进原则，在充分借鉴国际同业经验的基础上，结合本地市场实际情况进行研究。该进程需待交易系统升级、风险管理体系完善及监管框架配套成熟后逐步完善。”她表示。陈翊庭表示，港交所正积极与市场参与者就缩短现货市场结算周期进行探讨，港交所的技术系统在今年年底前将可以支持T+1结算周期，但市场何时实行T+1结算需要征求多方市场参与者意见。（上海证券报）","news_type":1,"symbols_score_info":{"00388":1.1}},"isVote":1,"tweetType":1,"viewCount":2218,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":528820555481776,"gmtCreate":1770137748295,"gmtModify":1770137750271,"author":{"id":"3480977285056834","authorId":"3480977285056834","name":"Yayoi","avatar":"https://static.tigerbbs.com/bf0a03b8bbef26ffd6f2ab331785b801","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3480977285056834","authorIdStr":"3480977285056834"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/FIG\">$Figma(FIG)$ </a> 成功把公司卖给了散户 这公司注定凉凉 ai直接把空间干没了","listText":"<a href=\"https://laohu8.com/S/FIG\">$Figma(FIG)$ </a> 成功把公司卖给了散户 这公司注定凉凉 ai直接把空间干没了","text":"$Figma(FIG)$ 成功把公司卖给了散户 这公司注定凉凉 ai直接把空间干没了","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/528820555481776","isVote":1,"tweetType":1,"viewCount":468,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":447994637394560,"gmtCreate":1750396518124,"gmtModify":1750396519297,"author":{"id":"3480977285056834","authorId":"3480977285056834","name":"Yayoi","avatar":"https://static.tigerbbs.com/bf0a03b8bbef26ffd6f2ab331785b801","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3480977285056834","authorIdStr":"3480977285056834"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/01024\">$快手-W(01024)$&nbsp;</a> 每次跌的时候就会出来几个消息面文章 🤪","listText":"<a href=\"https://laohu8.com/S/01024\">$快手-W(01024)$&nbsp;</a> 每次跌的时候就会出来几个消息面文章 🤪","text":"$快手-W(01024)$ 每次跌的时候就会出来几个消息面文章 🤪","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/447994637394560","isVote":1,"tweetType":1,"viewCount":19399,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":310198912,"gmtCreate":1611279604936,"gmtModify":1703749377474,"author":{"id":"3480977285056834","authorId":"3480977285056834","name":"Yayoi","avatar":"https://static.tigerbbs.com/bf0a03b8bbef26ffd6f2ab331785b801","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3480977285056834","authorIdStr":"3480977285056834"},"themes":[],"htmlText":"这篇文章不错，转发给大家看","listText":"这篇文章不错，转发给大家看","text":"这篇文章不错，转发给大家看","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/310198912","repostId":"334499654","repostType":1,"repost":{"id":334499654,"gmtCreate":1610936965474,"gmtModify":1703747178327,"author":{"id":"36979109942400","authorId":"36979109942400","name":"小虎周报","avatar":"https://static.laohu8.com/f7b172cf773c77a3f0df67695c126b51","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36979109942400","authorIdStr":"36979109942400"},"themes":[],"title":"互联网巨头扎堆二次上市，蕴含哪些套利机会？","htmlText":"报告要点 一、拜登时代开启，Q4财报季提速。 二、二次上市风云再起，这类新股怎么打？ 正文部分 拜登时代开启：拜登就职、1.9亿刺激、特朗普弹劾 本周一，美股因马丁·路德·金纪念日休市一日。虽然是个交易短周，但近期拜登就职典礼、特朗普弹劾案、财政纾困措施，还有疫苗进展都备受关注。 拜登就职后是否会收紧抗疫措施，1.9亿纾困方案能否全盘落地，这些都会影响市场阶段的波动。 往前看，对于Q2来讲，通胀则是不能忽略的因素（例如，疫苗进展快，财政刺激到位，复工复产超预期，通胀跃升至2%，这种情形可能会加速QE边际拐点的来临）；不过如果疫苗进展缓慢，也可能会淡化通胀风险。就目前而言，至少鲍威尔还不认为是讨论退出宽松政策的时候，现阶段我们仍然看好Q1美股表现，对应<a target=\"_blank\" href=\"https://laohu8.com/S/.SPX\">$标普500(.SPX)$</a> 4000点的位置。<a target=\"_blank\" href=\"https://laohu8.com/S/SPY\">$标普500ETF(SPY)$</a><a target=\"_blank\" href=\"https://laohu8.com/S/.IXIC\">$纳斯达克(.IXIC)$</a> Q4财报季提速：奈飞付费用户突破2亿，英特尔迎来新掌门人 本周Q4财报季将提速，超过90家公司发布业绩，以高盛、摩根士丹利、美国银行等大型银行股为主，以及奈飞、英特尔、阿斯麦等行业领头羊。此外，中概教育双雄新东方、好未来也将公布财报。 我们继续看好美股复苏主题，建议持续关注盈利、经营现金流修复，且经营杠杆较高的饮料、银行，航空等传统行业。（上周<a target=\"_blank\" href=\"https://laohu8.com/S/MS\">$摩根士丹利(MS)$</a> 、","listText":"报告要点 一、拜登时代开启，Q4财报季提速。 二、二次上市风云再起，这类新股怎么打？ 正文部分 拜登时代开启：拜登就职、1.9亿刺激、特朗普弹劾 本周一，美股因马丁·路德·金纪念日休市一日。虽然是个交易短周，但近期拜登就职典礼、特朗普弹劾案、财政纾困措施，还有疫苗进展都备受关注。 拜登就职后是否会收紧抗疫措施，1.9亿纾困方案能否全盘落地，这些都会影响市场阶段的波动。 往前看，对于Q2来讲，通胀则是不能忽略的因素（例如，疫苗进展快，财政刺激到位，复工复产超预期，通胀跃升至2%，这种情形可能会加速QE边际拐点的来临）；不过如果疫苗进展缓慢，也可能会淡化通胀风险。就目前而言，至少鲍威尔还不认为是讨论退出宽松政策的时候，现阶段我们仍然看好Q1美股表现，对应<a target=\"_blank\" href=\"https://laohu8.com/S/.SPX\">$标普500(.SPX)$</a> 4000点的位置。<a target=\"_blank\" href=\"https://laohu8.com/S/SPY\">$标普500ETF(SPY)$</a><a target=\"_blank\" href=\"https://laohu8.com/S/.IXIC\">$纳斯达克(.IXIC)$</a> Q4财报季提速：奈飞付费用户突破2亿，英特尔迎来新掌门人 本周Q4财报季将提速，超过90家公司发布业绩，以高盛、摩根士丹利、美国银行等大型银行股为主，以及奈飞、英特尔、阿斯麦等行业领头羊。此外，中概教育双雄新东方、好未来也将公布财报。 我们继续看好美股复苏主题，建议持续关注盈利、经营现金流修复，且经营杠杆较高的饮料、银行，航空等传统行业。（上周<a target=\"_blank\" href=\"https://laohu8.com/S/MS\">$摩根士丹利(MS)$</a> 、","text":"报告要点 一、拜登时代开启，Q4财报季提速。 二、二次上市风云再起，这类新股怎么打？ 正文部分 拜登时代开启：拜登就职、1.9亿刺激、特朗普弹劾 本周一，美股因马丁·路德·金纪念日休市一日。虽然是个交易短周，但近期拜登就职典礼、特朗普弹劾案、财政纾困措施，还有疫苗进展都备受关注。 拜登就职后是否会收紧抗疫措施，1.9亿纾困方案能否全盘落地，这些都会影响市场阶段的波动。 往前看，对于Q2来讲，通胀则是不能忽略的因素（例如，疫苗进展快，财政刺激到位，复工复产超预期，通胀跃升至2%，这种情形可能会加速QE边际拐点的来临）；不过如果疫苗进展缓慢，也可能会淡化通胀风险。就目前而言，至少鲍威尔还不认为是讨论退出宽松政策的时候，现阶段我们仍然看好Q1美股表现，对应$标普500(.SPX)$ 4000点的位置。$标普500ETF(SPY)$$纳斯达克(.IXIC)$ Q4财报季提速：奈飞付费用户突破2亿，英特尔迎来新掌门人 本周Q4财报季将提速，超过90家公司发布业绩，以高盛、摩根士丹利、美国银行等大型银行股为主，以及奈飞、英特尔、阿斯麦等行业领头羊。此外，中概教育双雄新东方、好未来也将公布财报。 我们继续看好美股复苏主题，建议持续关注盈利、经营现金流修复，且经营杠杆较高的饮料、银行，航空等传统行业。（上周$摩根士丹利(MS)$ 、","images":[{"img":"https://static.tigerbbs.com/bd36e10a0c7a38edc2d18054c172b775","width":"1402","height":"811"},{"img":"https://static.tigerbbs.com/d1d950321e5854b2393114aaa6b5c3db","width":"765","height":"736"},{"img":"https://static.tigerbbs.com/152290249ca32a7194df67c2a3824c0e","width":"1408","height":"580"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/334499654","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":8,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":5516,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3527667803686145","authorId":"3527667803686145","name":"社区成长助手","avatar":"https://static.tigerbbs.com/2b7c7106b5c0c8b0037faa67439d898f","crmLevel":1,"crmLevelSwitch":0,"idStr":"3527667803686145","authorIdStr":"3527667803686145"},"content":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题，可以获得更多曝光哦～如果您想创作优质文章，请查看老虎社区创作指引","text":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题，可以获得更多曝光哦～如果您想创作优质文章，请查看老虎社区创作指引","html":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题，可以获得更多曝光哦～如果您想创作优质文章，请查看老虎社区创作指引"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":525835716071904,"gmtCreate":1769391462805,"gmtModify":1769391465150,"author":{"id":"3480977285056834","authorId":"3480977285056834","name":"Yayoi","avatar":"https://static.tigerbbs.com/bf0a03b8bbef26ffd6f2ab331785b801","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3480977285056834","authorIdStr":"3480977285056834"},"themes":[],"title":"","htmlText":"992万呢 可真巨资啊[汗颜]&nbsp;&nbsp;","listText":"992万呢 可真巨资啊[汗颜]&nbsp;&nbsp;","text":"992万呢 可真巨资啊[汗颜]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/525835716071904","repostId":"2605060544","repostType":2,"repost":{"id":"2605060544","kind":"news","pubTimestamp":1769170440,"share":"https://www.laohu8.com/m/news/2605060544?lang=zh_CN&edition=full","pubTime":"2026-01-23 20:14","market":"hk","language":"zh","title":"快手-W1月23日耗资997.2万港元回购12.4万股","url":"https://stock-news.laohu8.com/highlight/detail?id=2605060544","media":"格隆汇","summary":"郑重声明：用户在社区发表的所有信息将由本网站记录保存，仅代表作者个人观点，与本网站立场无关，不对您构成任何投资建议，据此操作风险自担。请勿相信代客理财、免费荐股和炒股培训等宣传内容，远离非法证券活动。请勿添加发言用户的手机号码、公众号、微博、微信及QQ等信息，谨防上当受骗！","content":"<html><body><article><p><strong>郑重声明：</strong>用户在社区发表的所有信息将由本网站记录保存，仅代表作者个人观点，与本网站立场无关，不对您构成任何投资建议，据此操作风险自担。<strong>请勿相信代客理财、免费荐股和炒股培训等宣传内容，远离非法证券活动。请勿添加发言用户的手机号码、公众号、微博、微信及QQ等信息，谨防上当受骗！</strong></p></article></body></html>","source":"tencent","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>快手-W1月23日耗资997.2万港元回购12.4万股</title>\n<style 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href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260123201725a6a51bc3&s=b\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0348766576.USD":"ALLIANZ LITTLE DRAGONS \"A\" (USD) INC","LU0359201885.HKD":"BGF CHINA \"A2\" (HKD) ACC","LU0211977185.USD":"EASTSPRING INVESTMENTS GREATER CHINA EQUITY \"A\" ACC","01024":"快手-W","LU0348767384.USD":"ALLIANZLITTLE DRAGONS \"A\" (USD) ACC","LU0140636845.USD":"施罗德大中华区股票A Acc","LU0307460666.USD":"EASTSPRING INVESTMENTS CHINA EQUITY \"A\" ACC","LU2097828474.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC A","LU2097828805.USD":"AZ EQUITY CHINA \"A-AZ\" (USD) ACC","LU0593848301.USD":"未来资产亚洲卓越消费股票基金A","LU0588546209.SGD":"Eastspring Investments - China Equity Fund AS SGD","LU1188198961.HKD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" (HKD) INC QV","LU0244354667.USD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" ACC","LU0359201612.USD":"贝莱德中国基金A2","LU1251922891.USD":"NINETY ONE GSF ALL CHINA 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别瞎发评级","listText":"自己买就行 别瞎发评级","text":"自己买就行 别瞎发评级","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/508478310536024","repostId":"2589985487","repostType":2,"repost":{"id":"2589985487","kind":"news","pubTimestamp":1764898663,"share":"https://www.laohu8.com/m/news/2589985487?lang=zh_CN&edition=full","pubTime":"2025-12-05 09:37","market":"sh","language":"zh","title":"东方证券：维持快手-W(01024)“买入”评级 目标价103.06港元","url":"https://stock-news.laohu8.com/highlight/detail?id=2589985487","media":"智通财经","summary":"智通财经APP获悉，东方证券发布研报称，预测快手-W25-27年经调整归母净利润为204/225/259亿元。该行认为此次更新，市面上基本无完全可对标产品，意义在于一是延续可灵在专业创作者需求满足上的迭代，二是前端输入更简易，门槛降低进一步扩大用户触达范围。除了B端专业创作门槛降低，时长自由、提示词简单、可简易复制热门视频，对于可灵模型触达C端或有补充作用。","content":"<html><body><p>智通财经APP获悉，<a href=\"https://laohu8.com/S/600958\">东方证券</a>发布研报称，预测<a href=\"https://laohu8.com/S/01024\">快手-W</a>(01024)25-27年经调整归母净利润为204/225/259亿元。维持此前给予公司26年18xPE估值，对应合理价值为4,048亿CNY，折合4,454亿HKD(港币兑人民币汇率0.909)，目标价103.06港元/股，维持“买入”评级。可灵发布O1模型，通过将视频生成、修改、扩展集成于统一模型，帮助专业创作者提效，突破性迭代在于可对视频画面内某个单一元素进行修改，迎来“视频版Nano Banana”时刻，看好需求端加速渗透，带来流水上量。</p><p>该行认为可灵O1此次更新亮点在于：(1)O1为统一多模态视频模型，将视频参考、视频内容增删修改变换、风格重绘、镜头延展等多任务，融合于大一统模型中，可一站式完成生成-修改-扩展的全部创作;(2)深层语义理解能力，基于上传的视频、图片、主体，精准生成视频的各种细节;(3)直接解决后端视频一致性问题，多视角图创建主体、镜头流转变化，均能保持稳定的主体特征;(4)支持3~10秒自由叙述，满足不同创作需求(偏C端社媒分享、偏B端专业创作)。</p><p>该行认为此次更新，市面上基本无完全可对标产品，意义在于一是延续可灵在专业创作者需求满足上的迭代，二是前端输入更简易，门槛降低进一步扩大用户触达范围。具体来说：</p><p>1、B端专业创作的灵活度和便捷度大幅提升，MVL(Multi-modal visuallanguage)理念产品化落地，支持视频、图片、主体等多模态描述，创作者意图表达和交互更高效;此前Nano Banana重点解决前端图像生成的一致性，而可灵O1直接触及后端视频一致性难题，且单个元素级的精准编辑大幅提高创作灵活度，进一步辅助创作提效。</p><p>2、门槛降低进一步加速用户渗透，且C端可玩性提升，扩大AI视频模型受众范围。除了B端专业创作门槛降低，时长自由、提示词简单、可简易复制热门视频，对于可灵模型触达C端或有补充作用。</p></body></html>","source":"stock_zhitongcaijing","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" 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href=http://www.zhitongcaijing.com/content/detail/1377996.html><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>智通财经APP获悉，东方证券发布研报称，预测快手-W(01024)25-27年经调整归母净利润为204/225/259亿元。维持此前给予公司26年18xPE估值，对应合理价值为4,048亿CNY，折合4,454亿HKD(港币兑人民币汇率0.909)，目标价103.06港元/股，维持“买入”评级。可灵发布O1模型，通过将视频生成、修改、扩展集成于统一模型，帮助专业创作者提效，突破性迭代在于可对视频...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1377996.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"600958":"东方证券","03958":"东方证券","01024":"快手-W"},"source_url":"http://www.zhitongcaijing.com/content/detail/1377996.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2589985487","content_text":"智通财经APP获悉，东方证券发布研报称，预测快手-W(01024)25-27年经调整归母净利润为204/225/259亿元。维持此前给予公司26年18xPE估值，对应合理价值为4,048亿CNY，折合4,454亿HKD(港币兑人民币汇率0.909)，目标价103.06港元/股，维持“买入”评级。可灵发布O1模型，通过将视频生成、修改、扩展集成于统一模型，帮助专业创作者提效，突破性迭代在于可对视频画面内某个单一元素进行修改，迎来“视频版Nano Banana”时刻，看好需求端加速渗透，带来流水上量。该行认为可灵O1此次更新亮点在于：(1)O1为统一多模态视频模型，将视频参考、视频内容增删修改变换、风格重绘、镜头延展等多任务，融合于大一统模型中，可一站式完成生成-修改-扩展的全部创作;(2)深层语义理解能力，基于上传的视频、图片、主体，精准生成视频的各种细节;(3)直接解决后端视频一致性问题，多视角图创建主体、镜头流转变化，均能保持稳定的主体特征;(4)支持3~10秒自由叙述，满足不同创作需求(偏C端社媒分享、偏B端专业创作)。该行认为此次更新，市面上基本无完全可对标产品，意义在于一是延续可灵在专业创作者需求满足上的迭代，二是前端输入更简易，门槛降低进一步扩大用户触达范围。具体来说：1、B端专业创作的灵活度和便捷度大幅提升，MVL(Multi-modal visuallanguage)理念产品化落地，支持视频、图片、主体等多模态描述，创作者意图表达和交互更高效;此前Nano 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16:32","market":"hk","language":"zh","title":"【券商聚焦】国金证券：快手DAU连续3季创新高 维持“买入”评级","url":"https://stock-news.laohu8.com/highlight/detail?id=2585136371","media":"金吾资讯","summary":"快手DAU达4.16亿，连续3个季度突破历史新高，MAU达到7.31亿，日均使用时长134.1分钟，用户总使用时长同比增长3.6%。该机构指，2025Q3公司GMV3850亿元，同比增长15.2%，月均买家结构迈向健康发展、复购频次持续提升。泛货架电商增长持续超越大盘，为电商GMV增长主要驱动力，占总GMV比例达到32%。该机构续指，2025Q3公司面向全球用户推出了可灵AI2.5Turbo。商业化层面，2025Q3可灵AI收入超过人民币3亿元。","content":"<html><body><article><p>金吾财讯 | <a href=\"https://laohu8.com/S/600109\">国金证券</a>研报指出，<a href=\"https://laohu8.com/S/01024\">快手</a>(01024)2025Q3实现收入356亿元，同比增长14.2%，Non-IFRS<span>净利润</span>49.86亿元，同比增长26.3%，Non-IFRS净利润率为14%。快手DAU达4.16亿，连续3个季度突破历史新高，MAU达到7.31亿，日均使用时长134.1分钟，用户总使用时长同比增长3.6%。</p><p>该机构指，2025Q3公司GMV3850亿元，同比增长15.2%，月均买家结构迈向健康发展、复购频次持续提升。泛货架电商增长持续超越大盘，为电商GMV增长主要驱动力，占总GMV比例达到32%。AI技术对GMV起到正向驱动作用：1）端到端生成式检索架构OneSearch驱动<a href=\"https://laohu8.com/S/600306\">商城</a>搜索订单提升近5%；2）OneRec应用为电商商城信息流GMV带来高单位数提升。</p><p>该机构续指，2025Q3公司面向全球用户推出了可灵AI2.5Turbo。可灵2.5Turbo在保持行业领先的内容生成效果的同时，通过不断的工程化创新降低视频生成的推理成本，将创作者的单视频生成成本降低了近30.0%。商业化层面，2025Q3可灵AI收入超过人民币3亿元。</p><p>该机构表示，预计公司2025/2026/2027年公司NON-IFRS净利润分别为207/232/279亿元，当前股价对应2025/2026/2027年NON-IFRSPE分别为12.11/10.77/8.96X，维持“买入”评级。</p></article></body></html>","source":"tencent","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>【券商聚焦】国金证券：快手DAU连续3季创新高 维持“买入”评级</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n【券商聚焦】国金证券：快手DAU连续3季创新高 维持“买入”评级\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-11-21 16:32 北京时间&nbsp;&nbsp;&nbsp;<a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251121163336a4b12859&s=b><strong>金吾资讯</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>金吾财讯 | 国金证券研报指出，快手(01024)2025Q3实现收入356亿元，同比增长14.2%，Non-IFRS净利润49.86亿元，同比增长26.3%，Non-IFRS净利润率为14%。快手DAU达4.16亿，连续3个季度突破历史新高，MAU达到7.31亿，日均使用时长134.1分钟，用户总使用时长同比增长3.6%。该机构指，2025Q3公司GMV3850亿元，同比增长15.2%，月均买家...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251121163336a4b12859&s=b\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"01024":"快手-W"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251121163336a4b12859&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2585136371","content_text":"金吾财讯 | 国金证券研报指出，快手(01024)2025Q3实现收入356亿元，同比增长14.2%，Non-IFRS净利润49.86亿元，同比增长26.3%，Non-IFRS净利润率为14%。快手DAU达4.16亿，连续3个季度突破历史新高，MAU达到7.31亿，日均使用时长134.1分钟，用户总使用时长同比增长3.6%。该机构指，2025Q3公司GMV3850亿元，同比增长15.2%，月均买家结构迈向健康发展、复购频次持续提升。泛货架电商增长持续超越大盘，为电商GMV增长主要驱动力，占总GMV比例达到32%。AI技术对GMV起到正向驱动作用：1）端到端生成式检索架构OneSearch驱动商城搜索订单提升近5%；2）OneRec应用为电商商城信息流GMV带来高单位数提升。该机构续指，2025Q3公司面向全球用户推出了可灵AI2.5Turbo。可灵2.5Turbo在保持行业领先的内容生成效果的同时，通过不断的工程化创新降低视频生成的推理成本，将创作者的单视频生成成本降低了近30.0%。商业化层面，2025Q3可灵AI收入超过人民币3亿元。该机构表示，预计公司2025/2026/2027年公司NON-IFRS净利润分别为207/232/279亿元，当前股价对应2025/2026/2027年NON-IFRSPE分别为12.11/10.77/8.96X，维持“买入”评级。","news_type":1,"symbols_score_info":{"01024":1.5}},"isVote":1,"tweetType":1,"viewCount":1134,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":494143321571896,"gmtCreate":1761666828162,"gmtModify":1761666830588,"author":{"id":"3480977285056834","authorId":"3480977285056834","name":"Yayoi","avatar":"https://static.tigerbbs.com/bf0a03b8bbef26ffd6f2ab331785b801","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3480977285056834","authorIdStr":"3480977285056834"},"themes":[],"htmlText":"又开始报团拉高&nbsp;","listText":"又开始报团拉高&nbsp;","text":"又开始报团拉高","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/494143321571896","repostId":"1104012775","repostType":2,"repost":{"id":"1104012775","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1761656780,"share":"https://www.laohu8.com/m/news/1104012775?lang=zh_CN&edition=full","pubTime":"2025-10-28 21:06","market":"us","language":"zh","title":"微软盘前涨超4%，与OpenAI签署新协议，后者将额外购买2500亿美元的Azure服务","url":"https://stock-news.laohu8.com/highlight/detail?id=1104012775","media":"老虎资讯综合","summary":"10月28日，$微软(MSFT)$盘前涨超4%，微软表示，OpenAI签约购买额外2500亿美元的Azure服务，而微软将不再拥有成为OpenAI计算提供商的优先选择权。","content":"<html><head></head><body><p>10月28日，<a href=\"https://laohu8.com/S/MSFT\">微软</a>盘前涨超4%，微软与OpenAI签署新协议。</p><p>OpenAI签约购买额外2500亿美元的Azure服务，而微软将不再拥有成为OpenAI算力提供商的优先选择权。</p><p>OpenAI现可与第三方联合开发产品，与第三方合作的API产品仍为Azure独占，非API产品可部署于任何云平台。微软支持OpenAI董事会成立公益公司，微软持有OpenAI集团公益公司价值约1350亿美元的投资权益。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d0086b00329450cdf2e6d688dcdb422d\" title=\"\" tg-width=\"901\" tg-height=\"577\"/></p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>微软盘前涨超4%，与OpenAI签署新协议，后者将额外购买2500亿美元的Azure服务</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; 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width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n微软盘前涨超4%，与OpenAI签署新协议，后者将额外购买2500亿美元的Azure服务\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2025-10-28 21:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>10月28日，<a href=\"https://laohu8.com/S/MSFT\">微软</a>盘前涨超4%，微软与OpenAI签署新协议。</p><p>OpenAI签约购买额外2500亿美元的Azure服务，而微软将不再拥有成为OpenAI算力提供商的优先选择权。</p><p>OpenAI现可与第三方联合开发产品，与第三方合作的API产品仍为Azure独占，非API产品可部署于任何云平台。微软支持OpenAI董事会成立公益公司，微软持有OpenAI集团公益公司价值约1350亿美元的投资权益。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d0086b00329450cdf2e6d688dcdb422d\" title=\"\" tg-width=\"901\" tg-height=\"577\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/54720eb51050254e71d6298681bc4fdb","relate_stocks":{"MSFT":"微软"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104012775","content_text":"10月28日，微软盘前涨超4%，微软与OpenAI签署新协议。OpenAI签约购买额外2500亿美元的Azure服务，而微软将不再拥有成为OpenAI算力提供商的优先选择权。OpenAI现可与第三方联合开发产品，与第三方合作的API产品仍为Azure独占，非API产品可部署于任何云平台。微软支持OpenAI董事会成立公益公司，微软持有OpenAI集团公益公司价值约1350亿美元的投资权益。","news_type":1,"symbols_score_info":{"MSFT":1.5}},"isVote":1,"tweetType":1,"viewCount":1182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":484794488419144,"gmtCreate":1759386820991,"gmtModify":1759386823352,"author":{"id":"3480977285056834","authorId":"3480977285056834","name":"Yayoi","avatar":"https://static.tigerbbs.com/bf0a03b8bbef26ffd6f2ab331785b801","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3480977285056834","authorIdStr":"3480977285056834"},"themes":[],"htmlText":"这到底是夸可灵还是夸sora","listText":"这到底是夸可灵还是夸sora","text":"这到底是夸可灵还是夸sora","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/484794488419144","repostId":"2572557567","repostType":2,"isVote":1,"tweetType":1,"viewCount":1353,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":478695499497912,"gmtCreate":1757900845132,"gmtModify":1757900847510,"author":{"id":"3480977285056834","authorId":"3480977285056834","name":"Yayoi","avatar":"https://static.tigerbbs.com/bf0a03b8bbef26ffd6f2ab331785b801","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3480977285056834","authorIdStr":"3480977285056834"},"themes":[],"htmlText":"涨了就评高 跌了就中性 跟在屁股后面天天评级","listText":"涨了就评高 跌了就中性 跟在屁股后面天天评级","text":"涨了就评高 跌了就中性 跟在屁股后面天天评级","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/478695499497912","repostId":"1112496304","repostType":2,"repost":{"id":"1112496304","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1757900457,"share":"https://www.laohu8.com/m/news/1112496304?lang=zh_CN&edition=full","pubTime":"2025-09-15 09:40","market":"us","language":"zh","title":"泡泡玛特盘初下跌超7%，摩根大通下调评级至\"中性\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1112496304","media":"老虎资讯综合","summary":"9月15日（周一），泡泡玛特盘初下跌超7%，报256.6港元，成交18.4亿港元，摩根大通下调泡泡玛特评级至\"中性\"。消息方面：摩根大通在近期发布的研究报告中将泡泡玛特的股票评级下调至\"中性\"。摩根大通表示，做出这一决定的原因是该公司目前缺乏明显的增长催化剂，且当前估值水平不具吸引力。这一评级下调无疑对投资者信心造成了打击。","content":"<html><head></head><body><p>9月15日（周一），泡泡玛特盘初下跌超7%，报256.6港元，成交18.4亿港元，摩根大通下调泡泡玛特评级至&#34;中性&#34;。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4e198f1d21c12a1faf54418673b69568\" title=\"\" tg-width=\"274\" tg-height=\"84\"/></p><p>消息方面：摩根大通近日发布研究报告，将泡泡玛特的投资评级从“超配”下调至“中性”，目标价由400港元下调至300港元。报告指出，泡泡玛特股价年内已上涨209%，估值已充分反映市场对其业绩的乐观预期，短期内风险回报比不再具有吸引力。</p><p style=\"text-align: start;\">报告认为，泡泡玛特四大催化剂已基本兑现，包括上半年业绩超预期、与优衣库联名、获纳入指数以及珠宝店开业。而剩余三大催化剂——动画片上线、Labubu 4.0发布及互动玩具推出——目前能见度较低，预计短期内难以推动股价进一步上涨。</p><p style=\"text-align: start;\">尽管摩根大通对泡泡玛特的长期投资逻辑依然看好，包括其强大的IP运营能力、多元化的IP组合（预计Labubu在2027年贡献35%收入）以及海外业务扩张（预计2027年海外利润占比超60%），但短期内股价已大幅上涨，任何业绩不及预期或负面新闻都可能引发股价回调。</p><p style=\"text-align: start;\">报告提醒投资者关注四季度至明年一季度的下一个催化剂窗口，包括《Labubu与朋友们》动画首季上线、Labubu 4.0产品发布以及可能的互动玩具推出。若这些项目表现超预期，可能会推动股价突破当前预期。</p><p style=\"text-align: start;\">摩根大通同时指出，泡泡玛特目前估值对应2025年预测市盈率31倍、2026年22倍，处于合理水平，但已“定价完美”，建议投资者等待更佳入场时机。</p><p style=\"text-align: start;\">泡泡玛特是中国领先的IP运营与潮玩公司，拥有100多个自有或授权IP，全球门店超过571家，机器人商店2577个，业务覆盖30多个国家和地区。</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>泡泡玛特盘初下跌超7%，摩根大通下调评级至\"中性\"</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n泡泡玛特盘初下跌超7%，摩根大通下调评级至\"中性\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2025-09-15 09:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>9月15日（周一），泡泡玛特盘初下跌超7%，报256.6港元，成交18.4亿港元，摩根大通下调泡泡玛特评级至&#34;中性&#34;。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4e198f1d21c12a1faf54418673b69568\" title=\"\" tg-width=\"274\" tg-height=\"84\"/></p><p>消息方面：摩根大通近日发布研究报告，将泡泡玛特的投资评级从“超配”下调至“中性”，目标价由400港元下调至300港元。报告指出，泡泡玛特股价年内已上涨209%，估值已充分反映市场对其业绩的乐观预期，短期内风险回报比不再具有吸引力。</p><p style=\"text-align: start;\">报告认为，泡泡玛特四大催化剂已基本兑现，包括上半年业绩超预期、与优衣库联名、获纳入指数以及珠宝店开业。而剩余三大催化剂——动画片上线、Labubu 4.0发布及互动玩具推出——目前能见度较低，预计短期内难以推动股价进一步上涨。</p><p style=\"text-align: start;\">尽管摩根大通对泡泡玛特的长期投资逻辑依然看好，包括其强大的IP运营能力、多元化的IP组合（预计Labubu在2027年贡献35%收入）以及海外业务扩张（预计2027年海外利润占比超60%），但短期内股价已大幅上涨，任何业绩不及预期或负面新闻都可能引发股价回调。</p><p style=\"text-align: start;\">报告提醒投资者关注四季度至明年一季度的下一个催化剂窗口，包括《Labubu与朋友们》动画首季上线、Labubu 4.0产品发布以及可能的互动玩具推出。若这些项目表现超预期，可能会推动股价突破当前预期。</p><p style=\"text-align: start;\">摩根大通同时指出，泡泡玛特目前估值对应2025年预测市盈率31倍、2026年22倍，处于合理水平，但已“定价完美”，建议投资者等待更佳入场时机。</p><p style=\"text-align: start;\">泡泡玛特是中国领先的IP运营与潮玩公司，拥有100多个自有或授权IP，全球门店超过571家，机器人商店2577个，业务覆盖30多个国家和地区。</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/30dc37d452f250ce3fb402a1655ca971","relate_stocks":{"09992":"泡泡玛特"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112496304","content_text":"9月15日（周一），泡泡玛特盘初下跌超7%，报256.6港元，成交18.4亿港元，摩根大通下调泡泡玛特评级至\"中性\"。消息方面：摩根大通近日发布研究报告，将泡泡玛特的投资评级从“超配”下调至“中性”，目标价由400港元下调至300港元。报告指出，泡泡玛特股价年内已上涨209%，估值已充分反映市场对其业绩的乐观预期，短期内风险回报比不再具有吸引力。报告认为，泡泡玛特四大催化剂已基本兑现，包括上半年业绩超预期、与优衣库联名、获纳入指数以及珠宝店开业。而剩余三大催化剂——动画片上线、Labubu 4.0发布及互动玩具推出——目前能见度较低，预计短期内难以推动股价进一步上涨。尽管摩根大通对泡泡玛特的长期投资逻辑依然看好，包括其强大的IP运营能力、多元化的IP组合（预计Labubu在2027年贡献35%收入）以及海外业务扩张（预计2027年海外利润占比超60%），但短期内股价已大幅上涨，任何业绩不及预期或负面新闻都可能引发股价回调。报告提醒投资者关注四季度至明年一季度的下一个催化剂窗口，包括《Labubu与朋友们》动画首季上线、Labubu 4.0产品发布以及可能的互动玩具推出。若这些项目表现超预期，可能会推动股价突破当前预期。摩根大通同时指出，泡泡玛特目前估值对应2025年预测市盈率31倍、2026年22倍，处于合理水平，但已“定价完美”，建议投资者等待更佳入场时机。泡泡玛特是中国领先的IP运营与潮玩公司，拥有100多个自有或授权IP，全球门店超过571家，机器人商店2577个，业务覆盖30多个国家和地区。","news_type":1,"symbols_score_info":{"09992":1.1}},"isVote":1,"tweetType":1,"viewCount":1482,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}