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　　腾讯控股（00700）盘中涨超3%。截至发稿，股价上涨2.46%，现报441.20港元，成交额50.90亿港元。

　　AI办公赛道的较量已转向生态层面。9月2日，腾讯AI办公产品WorkBuddy开放平台正式上线，首批超百家软硬件、行业应用、开发者伙伴接入，成为国内首个打通硬件、行业应用、开发者三层生态的Agent基座。此外，WorkBuddy近日启动开学季专项行动，抢占高等教育AI应用市场新赛道。

　　富瑞发布研报称，DeepSeek发布DeepSeek-V4.1-Flash，属高性价比模型；该行对阿里巴巴-W（09988）、腾讯控股（00700）及MINIMAX-W（00100）均为“买入”评级，目标价分别184港元、750港元及533港元。

　　富瑞指出，DeepSeek-V4.1-Flash具备多项突破，总参数达5，520亿（活跃参数：输入80亿、输出160亿），采用新的Causal Encoder-Decoder（CED）架构，并配合大规模后训练的新预训练方式；在第三方Agentic Benchmark评估中，表现优于月之暗面Kimi-K3、Anthropic的Opus5，以及OpenAI的GPT5.6 Sol。

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