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2026-02-11
17:01
Akeso's IL-4Rα/ST2 Bispecific Antibody Cleared for Seven Phase II Studies in China Spanning Respiratory and Autoimmune Indications

HONG KONG, Feb. 11, 2026 /PRNewswire/ -- Akeso, Inc. (9926.HK) is pleased to announce that the National Medical Products Administration has approved the initiation of Phase II clinical trials for AK139,  a first-in-class IL-4Rα/ST2-targeting bispecific antibody, across seven indications. These indications include chronic obstructive pulmonary disease (COPD), severe bronchial asthma, chronic spontaneous urticaria, allergic rhinitis, chronic rhinosinusitis with nasal polyps, moderate-to-severe atopic dermatitis, and prurigo nodularis. With these new Phase II studies, AK139 has the potential to bring its novel mechanism of action to create breakthrough therapies for multiple respiratory and autoimmune indications

AK139 is a clinical stage bispecific antibody for autoimmune indications that was discovered using Akeso's proprietary AI-enabled drug discovery platform. It marks a pivotal expansion of the company's leading expertise in bispecific/multispecific antibody for oncology into other major therapeutic areas.  Chronic inflammatory diseases driven by the IL-4Rα/ST2 pathway, including key respiratory and autoimmune disorders, are characterized by complex pathogenesis and a substantial patient burden worldwide. Significant unmet clinical needs persist in many of these indications due to insufficient responses or limited symptom control from current single-target therapies.

As the world's first IL-4Rα/ST2 bispecific antibody to enter the clinic, AK139 simultaneously targets and blocks both the IL-4/IL-13 pathway (by binding to the IL-4Rα subunit shared by both IL-4 and IL-13 receptor complexes) and the IL-33/ST2-mediated inflammation pathway. Early studies show that AK139 possesses strong bispecific binding affinity, as well as favorable in vitro and in vivo pharmacological activity. In key metrics, including inhibition of inflammatory cytokine release and reduction of tissue inflammatory cell infiltration, AK139 demonstrates significantly greater synergistic efficacy compared to single-target antibodies against either IL-4 or ST2. AK139 also has a good safety profile from earlier studies.

To date, no antibody drug targeting both the IL-4Rαand the IL-33/ST2 pathways has been approved or is in clinical studies. By simultaneously inhibiting these core inflammatory pathways, AK139 has the potential to advance the treatment of related respiratory, autoimmune, and dermatological diseases into a "dual-target era," offering patients a superior and broad spectrum therapeutic solution. The expansion and advancement of AK139's global clinical development program will further strengthen Akeso's momentum in autoimmune diseases. This progress builds upon the foundation established by approved or late-stage novel autoimmune therapies in Akeso's portfolio, such as ebdarokimab (IL-12/IL-23), gumokimab (IL-17A), and manfidokimab (IL-4R).

Forward-Looking Statement of Akeso, Inc.
This announcement by Akeso, Inc. (9926.HK, "Akeso") contains "forward-looking statements". These statements reflect the current beliefs and expectations of Akeso's management and are subject to significant risks and uncertainties. These statements are not intended to form the basis of any investment decision or any decision to purchase securities of Akeso. There can be no assurance that the drug candidate(s) indicated in this announcement or Akeso's other pipeline candidates will obtain the required regulatory approvals or achieve commercial success. If underlying assumptions prove inaccurate or risks or uncertainties materialize, actual results may differ materially from those set forth in the forward-looking statements.

Risks and uncertainties include but are not limited to, general industry conditions and competition; general economic factors, including interest rate and currency exchange rate fluctuations; the impact of pharmaceutical industry regulation and health care legislation in P.R.China, the United States and internationally; global trends toward health care cost containment; technological advances, new products and patents attained by competitors; challenges inherent in new product development, including obtaining regulatory approval; Akeso's ability to accurately predict future market conditions; manufacturing difficulties or delays; financial instability of international economies and sovereign risk; dependence on the effectiveness of the Akeso's patents and other protections for innovative products; and the exposure to litigation, including patent litigation, and/or regulatory actions.

Akeso does not undertake any obligation to publicly revise these forward-looking statements to reflect events or circumstances after the date hereof, except as required by law.

About Akeso
Akeso (HKEX: 9926.HK) is a leading biopharmaceutical company committed to the research, development, manufacturing and commercialization of the world's first or best-in-class innovative biological medicines. Founded in 2012, the company has established a robust R&D innovation ecosystem centered on its proprietary Tetrabody bispecific antibody platform, ADC (Antibody-Drug Conjugate) technologies, siRNA/mRNA modalities, and cell therapies. Supported by a global-standard GMP manufacturing infrastructure and a highly efficient, integrated commercialization model, the company has evolved into a globally competitive biopharmaceutical focused on innovative solutions. With fully integrated multi-functional platform, Akeso is internally working on a robust pipeline of over 50 innovative assets in the fields of cancer, autoimmune disease, inflammation, metabolic disease and other major diseases. Among them, 26 candidates have entered clinical trials (including 15 bispecific/multispecific antibodies and bispecific ADCs. Additionally, 7 new drugs are commercially available. Through efficient and breakthrough R&D innovation, Akeso always integrates superior global resources, develops the first-in-class and best-in-class new drugs, provides affordable therapeutic antibodies for patients worldwide, and continuously creates more commercial and social values to become a global leading biopharmaceutical enterprise.

For more information, please visit https://www.akesobio.com/en/about-us/corporate-profile/ and follow us on Linkedin.

 

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14:26
CN Jan Auto Sales Drop 3.2% YoY: CAAM

Last month, China's automobile production edged up by 0.01% YoY to 2.45 million units, while automobile sales declined by 3.2% YoY to 2.346 million units, according to the latest data released by the China Association of Automobile Manufacturers (CAAM).

Specifically, the new energy vehicle market remained stable, with production and sales rising by 2.5% and 0.1% YoY to 1.041 million and 945,000 units.

The commercial vehicle market also sustained its positive trend, maintaining double-digit YoY growth in both production and sales.
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Web Site: www.aastocks.com

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13:59
ByteDance Developing AI Chips, Talking with Samsung for OEM: Wire

ByteDance is developing AI chips and is in negotiations with Samsung Electronics to ensure the supply of advanced chips, Reuters, citing people with the knowledge of the matter, reported.

A ByteDance spokesperson stated that reports about the company's in-house chip development are inaccurate, while not providing further explanation.

ByteDance's chip project is codenamed SeedChip, with plans to receive chip samples by the end of March, report told.

The goal is to produce at least 100,000 chips designed specifically for AI inference tasks this year, with a gradual increase in production to 350,000 chips.

ByteDance reportedly plans to pump over RMB160 billion in AI-related procurement this year, with more than half of it allocated for purchasing Nvidia (NVDA.US) chips and advancing its independent chip development.
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09:49
CHINA MOBILE Splashes USD22M on Huawei AI Chips

Huawei announced that CHINA MOBILE (00941.HK) had signed a procurement agreement to spend USD22 million on its AI chips.

Reports suggest that CHINA MOBILE will purchase Ascend 910B chips and Atlas 800 training servers on a large scale for the construction of its provincial-level intelligent computing centers and 5G-A core network AI inference nodes.
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AAStocks Financial News
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05:00
DJIA Breaks Peak for 3 Days; Nasdaq and S&P 500 Close Lower; Tesla the Only Gainer among Magnificent Seven

The initial value of US December retail sales fell short of expectations surprisingly. On Tuesday, the DJIA broke records for the third consecutive day, up 52 points or 0.1% to settle at 50,188, having reached a new intraday high of 50,512. The S&P 500 dipped 23 points or 0.3% to 6,941, while the Nasdaq dropped 136 points or 0.6% to 23,102.

In wake of the lackluster US retail data, shares of retailers Costco (COST.US) and Walmart (WMT.US) were subdued, down more than 2% and 1% respectively.

Disney (DIS.US) and Home Depot (HD.US) led the gains among the 30 DJIA constituents, each up over 2%. Under Nasdaq, Tesla (TSLA.US) was the only stock among the Magnificent Seven that logged upswing, gaining nearly 2%.

In terms of stocks that had released earnings, Spotify (SPOT.US) soared 14.8% as it saw its fourth-quarter net profit surge by 2.2 times.
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AASTOCKS Financial News
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2026-02-10
20:27
Sands China Unites for Chinese New Year Community Care Initiative

Senior management joins hands with team members to serve the Macao community through "Sands Cares" spirit

MACAO, Feb. 10, 2026 /PRNewswire/ -- Chinese New Year is one of the most cherished festivals across Chinese communities worldwide. Each year, as Sands China joins global visitors in celebrating the season, it is the company's tradition to turn festive blessings into meaningful actions – bringing care, warmth, and goodwill into the community.

Senior management from Las Vegas Sands and Sands China, together with team members and Sands China Cares Ambassadors — around 300 participants in total —take part in the “Sands Cares Spring Celebrations with the Community” volunteer activity Feb. 3.
Senior management from Las Vegas Sands and Sands China, together with team members and Sands China Cares Ambassadors — around 300 participants in total —take part in the “Sands Cares Spring Celebrations with the Community” volunteer activity Feb. 3.

As the Year of the Horse draws close, senior management from Las Vegas Sands and Sands China gathered in Macao to lead by example, bringing the Sands Cares spirit of community service to life as they joined team members in the annual Sands Cares Spring Celebrations with the Community. The initiative underscores Sands' long-standing commitment to corporate social responsibility across its operating regions, not only translating festive joy into community support, but also reflecting its deep respect for Chinese culture.

During an activity on Feb. 3, Patrick Dumont, president and chief operating officer of Las Vegas Sands, together with the senior management team, joined with 300 participants, including Sands China team members from across 20 departments and Sands Cares Ambassadors. Guided by the shared spirit of Sands Cares, participants prepared Lunar New Year gift packs and handwritten festive spring couplets. Together, they packaged more than 20,000 staple foods and essential items, assembling 2,000 Lunar New Year gift packs, each filled with care and well wishes for the community.

Sands China's commitment to community also extends to supporting local small and medium-sized enterprises (SMEs). Dumont and senior management paid a visit to Rua das Estalagens, offering early New Year greetings to enterprises participating in Sands China's Entrepreneurship Recruitment Programme for Rua das Estalagens, engaging directly with business owners and wishing them continued success in the year ahead.

To further support the growth of local social service organisations, all items within the gift packs packaged on Feb. 3, including cooking oil, rice, healthy noodles, cleaning supplies, and handwritten spring couplets, were sourced from the local NGO Fuhong Society of Macau. The gift packs were delivered by Sands Cares Ambassadors to elderly users of the Peng On Tung service and individuals in need, ensuring that every gesture of "Sands Cares" truly reaches both hands and hearts.

Dumont and members of the senior management team also took part in local New Year customs by learning to write traditional spring couplets, gaining first-hand appreciation of the cultural significance and auspicious meanings associated with the Chinese character Fu (福). During the activity, they also extended festive greetings to team members and volunteers in both Cantonese and Mandarin, creating a joyful atmosphere filled with laughter and warmth, while embracing Sands' long-standing commitment to community and Macao's rich Chinese cultural heritage.

Dumont and team expressed pride in Sands China's role as a dedicated employer and responsible corporate citizen. They also commended Sands China's volunteer team for its long-term dedication and enthusiasm, encouraging more team members to take part in volunteer programmes and help extend further care to the Macao community.

The Sands Cares Ambassador volunteer team was established as Macao's first corporate volunteer team within the industry. To date, more than 4,000 team members have participated, contributing over 360,000 cumulative volunteer hours. In the past year alone, the team organised an average of up to four community care activities per week, building strong, long-term partnerships through consistent and heartfelt service.

Now a nearly two-decade tradition, the "Sands Cares Spring Celebrations with the Community" event features broader participation and richer cultural exchange this year. In collaboration with various social service partners including the Peng On Tung Tele-Assistance Service Centre under the General Union of Neighbourhood Associations of Macau, the Fuhong Society of Macau, the "Corner of Portuguese Cuisine" training restaurant, and the Everyone Stray Dogs Macau Volunteer Group, the initiative delivers a total of 2,000 Chinese New Year festive kits, 1,000 meal boxes, visits to 200 elderly individuals living alone, and provides employment opportunities for persons with disabilities through social enterprises — allowing care and blessings to circulate throughout the community.

Through thoughtful action, practical support, and genuine engagement, Sands China continues to live out the Sands Cares spirit, strengthening its partnership with Macao and working hand in hand with the community to build a more caring, inclusive society.

The Sands Cares Spring Celebration with the Community and other community initiatives are part of the Sands Cares global corporate citizenship programme. Over the years, the programme has introduced numerous initiatives to give back to society, actively collaborating with local charities and social service organisations to build a better, more harmonious, and inclusive Macao.

About Sands China Ltd.

Sands China Ltd. (Sands China or the Company) is incorporated in the Cayman Islands with limited liability and is listed on The Stock Exchange of Hong Kong Limited (HKEx: 1928). Sands China is the largest operator of integrated resorts in Macao. The Company's integrated resorts on the Cotai Strip comprise The Venetian® Macao, The Plaza® Macao, The Parisian® Macao and The Londoner Macao®. The Company also owns and operates Sands® Macao on the Macao peninsula. The Company's portfolio features a diversified mix of leisure and business attractions and transportation operations, including large meeting and convention facilities; a wide range of restaurants; shopping malls; world-class entertainment at The Venetian Arena, The Londoner Arena, The Venetian Theatre, The Parisian Theatre, the Londoner Theatre and the Sands Theatre; and a high-speed Cotai Water Jet ferry service between Hong Kong and Macao. The Company's Cotai Strip portfolio has the goal of contributing to Macao's transformation into a world centre of tourism and leisure. Sands China is a subsidiary of global resort developer Las Vegas Sands Corp. (NYSE: LVS).

For more information, please visit www.sandschina.com.

Sands Cares

A firm believer in the importance of corporate social responsibility, Sands China Ltd. engages with the local Macao community as a part of Sands Cares – the charitable giving programme of parent company Las Vegas Sands Corp. Sands Cares integrates the company's philanthropic work worldwide in four key areas: financial giving, community problem solving and collaboration, in-kind donations, and team member volunteerism.

Key areas of Sands Cares in Macao include the Sands Cares Ambassador programme for volunteering in the local community; charitable contributions to NGOs and community organisations; and sponsorship of community events.

For more information, please visit www.sands.com/sands-cares/ 

Media contacts:

Corporate Communications, Sands China Ltd.
Mabel Wu
Tel: +853 8118 2268
Email: [email protected] 

Jesse Chiang
Tel: +853 8118 2054
Email: [email protected]

Patrick Dumont (second from left), president and chief operating officer of Las Vegas Sands, together with the company’s management team, participates in assembling Chinese New Year festive kits Feb. 3. The team worked together to assemble more than 20,000 staple foods and essential items.
Patrick Dumont (second from left), president and chief operating officer of Las Vegas Sands, together with the company’s management team, participates in assembling Chinese New Year festive kits Feb. 3. The team worked together to assemble more than 20,000 staple foods and essential items.

Sands shares Chinese New Year joy and blessings with the Macao community, celebrating Chinese cultural heritage in a warm and festive atmosphere Feb. 3.
Sands shares Chinese New Year joy and blessings with the Macao community, celebrating Chinese cultural heritage in a warm and festive atmosphere Feb. 3.

Patrick Dumont and executives walk through Rua das Estalagens Feb. 2. They offered early New Year greetings and visited the enterprises developed under Sands China’s Entrepreneurship Recruitment Programme for Rua das Estalagens.
Patrick Dumont and executives walk through Rua das Estalagens Feb. 2. They offered early New Year greetings and visited the enterprises developed under Sands China’s Entrepreneurship Recruitment Programme for Rua das Estalagens.

Information Provided by PR Newswire [Disclaimer]
20:09
金沙中國團結一心 共籌新春送暖行動

集團管理層親身參與 以「金沙關懷」精神溫暖澳門社區

澳門2026年2月10日 /美通社/ -- 農曆新年是對全球華人的重要傳統節日,金沙中國每年與世界各地的旅客同賀新歲的同時,亦將節日祝福轉化為社區年度關懷傳統行動,讓春節的喜氣與溫暖灌溉社區。在喜迎馬年之際,拉斯維加斯金沙集團及金沙中國一眾管理層齊聚澳門,並貫徹「金沙關懷」的社區服務精神,親自與團隊成員參與「金沙關懷送暖行動:社區同樂慶新春」年度活動,彰顯金沙集團持續在營運地區積極履行企業社會責任,以務實行動回饋社區,亦體現集團對中華文化的重視和尊重。

拉斯維加斯金沙集團及金沙中國一眾管理層,連同來自各部門的團隊成員以及金沙中國關懷大使一共約300人,於2月3日參與「金沙關懷送暖行動:社區同樂慶新春」義工活動。
拉斯維加斯金沙集團及金沙中國一眾管理層,連同來自各部門的團隊成員以及金沙中國關懷大使一共約300人,於2月3日參與「金沙關懷送暖行動:社區同樂慶新春」義工活動。

於2月3日活動期間,拉斯維加斯金沙集團總裁兼首席營運總裁Patrick Dumont與一眾管理層,連同來自金沙中國20個部門的團隊成員及金沙中國關懷大使一共約300人,於2月3日親身投入新春福袋與揮春製作的行動。大家上下一心,無分彼此,心手相連,合力包裝逾20,000件糧油食品及生活用品,精心準備好2,000個新春福袋,滿載集團對社區關愛與心意。

此外,集團與社區同行的承諾,亦延伸至澳門中小企的發展。Patrick Dumont與公司管理層日前特別親赴草堆街,向商戶拜早年,並拜訪獲公司「草堆街創業方案大募集」資助的中小企門店,與本地社區互動交流,了解營運狀況,並祝願商戶在新一年生意興隆、發展順遂。

為支持本澳社企發展,每個新春福袋內含食油、大米、健康麵食、清潔用品及手寫揮春,相關物資均購自澳門扶康會。福袋隨後由金沙關懷大使親自送往「平安通」之長者用戶及有需要人士家中,確保集團的每份心意真正送到他們手上和心裡。


期間,Patrick Dumont及管理層更入鄉隨俗,親身學習書寫迎春納「福」的揮春,感受「福」字背後承載的中國吉祥寓意;更以廣東話及普通話,向團隊成員及公司的義務工作者送上地道祝福,在筆墨流轉與笑聲之間,將新春的喜悅與福氣傳遞至澳門社區,也展現集團對澳門中華根脈文化的尊重與珍視,場面洋溢著溫馨而真摯的節日氣氛。

對金沙中國多年來肩負「盡職盡責」的僱主及企業公民角色,Patrick Dumont與一眾管理層深感自豪,亦高度讚揚金沙中國義工隊對社區的長期奉獻與熱情,並鼓勵更多團隊成員投身義工計劃,把關愛力量延伸至澳門社區更多角落。

金沙中國所成立的「金沙中國關懷大使」義工隊,是澳門業界首支企業義工隊伍,迄今已有逾4,000名同事參與,累計服務時數超過36萬小時。僅去年,義工隊每週平均舉辦多達四項社區關懷活動,以持續而真誠的行動服務各社群,與社區建立深厚而長久的夥伴關係。

「金沙關懷送暖行動:社區同樂慶新春」至今經已成為金沙中國長達近廿載的年度社區傳統。今年活動在參與層面及文化互動形式上均更豐富,分別聯同多間社福機構,包括澳門街坊會聯會總會「平安通」、澳門扶康會、「葡角」訓練餐廳及「人人流浪狗澳門義工團」等,攜手向本澳長者及弱勢社群送暖,派發一共2,000個新春福袋、1,000個愛心飯盒、拜訪200名獨居長者,亦藉此為社企殘疾人士提供工作機會,讓關懷與祝福在社區中流動。

這份主動貼心的關懷與實際的支持,充分體現「金沙關懷」精神在社區的長期實踐,也讓集團與澳門同行的步伐更加緊密,共同攜手建構一個關懷共融的社會。

多年來,「金沙關懷」計劃推出多元舉措回饋社會,積極與本地慈善及社服機構攜手合作,同心協力讓澳門成為更美好、和諧、共融的城市。上述活動及其他社區活動是母公司「金沙關懷」全球企業公民計劃的一部分。

關於金沙中國有限公司

金沙中國有限公司(香港聯交所:1928,「金沙中國」或「公司」)是一所於開曼群島註冊成立的有限公司及在香港聯合交易所有限公司上市的公司。金沙中國是澳門最大的綜合度假村經營商,於路氹金光大道上設有澳門威尼斯人®、澳門百利宮®、澳門巴黎人,以及澳門倫敦人® 等物業項目,同時擁有及經營位於澳門半島的澳門金沙酒店。公司旗下的各綜合度假村集合多樣化的娛樂消閒、商務設施及客運業務,包括大型會議及展覽場地、各式餐廳食肆、購物中心、於威尼斯人綜藝館、倫敦人綜藝館、威尼斯人劇場、巴黎人劇場、倫敦人劇場及金沙劇場舉行的世界級娛樂表演,以及來往港澳的金光飛航高速渡輪服務。公司在路氹金光大道的各物業發展項目,堅定並持續地為建設澳門成為世界旅遊休閒中心貢獻力量。金沙中國是全球度假村發展商拉斯維加斯金沙集團股份有限公司(紐約證券交易所:LVS)的附屬公司。

如欲索取更多相關資訊,請瀏覽網頁https://hk.sandschina.com/index.html

「金沙關懷」計劃

金沙中國有限公司不遺餘力推動及履行企業社會責任,積極參與母公司拉斯維加斯金沙集團所設立的「金沙關懷」企業公民計劃回饋澳門社區。「金沙關懷」計劃引領集團在全球各地開展慈善工作,包括經濟援助、社區援助及合作、物資捐贈及員工參與義工活動等。

「金沙關懷」企業公民計劃在澳門的主要項目包括:在澳門社區開展義務工作的金沙中國關懷大使計劃、向非牟利機構及社會企業捐款以及社區活動贊助等。

如欲索取更多相關資訊,請瀏覽網頁 https://www.sands.com/sands-cares/

傳媒查詢:

金沙中國有限公司 – 企業傳訊部

胡美寶
電話:+853 8118 2268
電郵:[email protected] 

鄭文軒
電話:+853 8118 2054
電郵:[email protected]

 

拉斯維加斯金沙集團總裁兼首席營運總裁Patrick Dumont(左二)與一眾管理層於2月3日親身參與新春福袋包裝行動。團隊上下一心,合力包裝逾20,000件糧油食品及生活用品。
拉斯維加斯金沙集團總裁兼首席營運總裁Patrick Dumont(左二)與一眾管理層於2月3日親身參與新春福袋包裝行動。團隊上下一心,合力包裝逾20,000件糧油食品及生活用品。

於2月3日舉行之活動,旨在將新春喜悅與福氣傳遞至澳門社區,同時展現集團對澳門中華根脈文化的尊重,場面洋溢著溫馨而真摯的節日氣氛。
於2月3日舉行之活動,旨在將新春喜悅與福氣傳遞至澳門社區,同時展現集團對澳門中華根脈文化的尊重,場面洋溢著溫馨而真摯的節日氣氛。

Patrick Dumont與公司管理層於2月2日特別親赴草堆街,向澳門中小企商戶拜早年,與本地社區互動交流。
Patrick Dumont與公司管理層於2月2日特別親赴草堆街,向澳門中小企商戶拜早年,與本地社區互動交流。

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18:00
Tencent Music Entertainment Group to Report Fourth Quarter and Full Year 2025 Financial Results on March 17, 2026

SHENZHEN, China, Feb. 10, 2026 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced that it will report its unaudited financial results for the fourth quarter and full year of 2025 before the U.S. market opens on Tuesday, March 17, 2026.

TME's management will host a Tencent Meeting Webinar on Tuesday, March 17, 2026, at 7:00 A.M. Eastern Time or 7:00 P.M. Beijing/Hong Kong Time on Tuesday, March 17, 2026, to review and discuss the Company's business and financial performance.

For participants who wish to join the Tencent Meeting Webinar, please complete online registration in advance using the links provided below. Upon registration, each participant will receive an email with webinar access information, including meeting ID, meeting link, dial-in numbers, and a unique attendee ID to join the webinar.

Participant Online Registration

Chinese Mainland[1]https://meeting.tencent.com/dw/hFjwmHqeuT6F
International:             https://voovmeeting.com/dw/hFjwmHqeuT6F

A live and archived webcast of the webinar will also be available at the Company's investor relations website at https://ir.tencentmusic.com/.

[1] Chinese Mainland, for the purpose of this announcement only, excluding the Hong Kong Special Administrative Region, the Macao Special Administrative Region of the People's Republic of China and Taiwan

About Tencent Music Entertainment

Tencent Music Entertainment Group (NYSE: TME and HKEX: 1698) is the leading online music and audio entertainment platform in China, operating the country's highly popular and innovative music apps: QQ Music, Kugou Music, Kuwo Music and WeSing. TME's mission is to create endless possibilities with music and technology. TME's platform comprises online music, online audio, online karaoke, music-centric live streaming and online concert services, enabling music fans to discover, listen, sing, watch, perform and socialize around music. For more information, please visit ir.tencentmusic.com.

Investor Relations Contact
Tencent Music Entertainment Group
[email protected]  
+86 (755) 8601-3388 ext. 885034

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17:29
Michael Burry Compares Alphabet Issuing Century Bonds to Motorola, Suggests Greater Crisis Ahead for Alphabet

Michael Burry, the hedge fund manager and the real-life inspiration for the movie "The Big Short", responded on social media regarding Alphabet (GOOGL.US) which is seeking to issue century bonds.

The last similar event occurred in 1997 when the mobile phone manufacturer Motorola issued bonds, he said. At that time, Motorola was among the top 25 companies in the US by market cap and revenue, with its brand ranking even ahead of Microsoft (MSFT.US), said Burry.

Burry pointed out that in the years following the bond issuance, Motorola's status gradually subsided and was surpassed by competitors. Today, it ranks 232nd in market cap, with annual sales of only USD11 billion.

In his post, Burry believed that the threats in face of Google's classic search technology today are real and potentially even greater than the crisis Motorola faced in the mid-1990s when hardware technology was considered a more reliable competitive advantage than software.
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11:59
Alibaba DAMO Academy Releases Open-Source Embodied Intelligence Brain Model RynnBrain

Alibaba DAMO Academy officially released the embodied intelligence brain foundational model, RynnBrain, open-sourcing the entire series of seven models, including the 30B MoE.

This model introduces spatiotemporal memory and physical space reasoning capabilities for the first time, setting new records in 16 embodied open-source evaluations, exceling industry top-notch models from Google and Nvidia.

Moreover, RynnBrain is trained on the basis of Qwen3-VL, utilizing the self-developed RynnScale architecture for optimization. The training data exceeds 20 million pairs, accompanied by the open-source RynnBrain-Bench benchmark, supporting rapid fine-tuning for tasks such as navigation and planning.
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