博迁新材涨7.67%，报97.98元/股，股价再创新高，总市值突破256.31亿元，成交额达11.96亿元。（AI 生成） ...

四川黄金、招金黄金、西部黄金、中金黄金、赤峰黄金等个股跌幅收窄，恒邦股份涨超1%。 (本文来自第一财经) ...

Group 1 - The stock price of China Jushi increased by 7.1%, reaching 22.16 yuan per share, marking a new high [1] - The total market capitalization of the company surpassed 887.09 billion yuan [1] - The trading volume amounted to 20.30 billion yuan [1]

上海两会期间，上海市人大代表季昕华在接受第一财经记者采访时指出，当前太空资源并非无限，且呈 现"先到先得"的竞争态势，中美两国正着力布局相关领域。他认为，上海依托航天产业、半导体芯片、 人工智能及算力领域等综合生态优势，将为中国"太空算力"发展提供关键支撑。对于未来发展，他表 示，若能通过技术创新在未来3到5年内降低卫星发射成本，"太空算力"有望在5年左右的时间内从构想 走向真正的商业化落地。 上海两会期间，上海市人大代表季昕华在接受第一财经记者采访时指出，当前太空资源并非无限，且呈 现"先到先得"的竞争态势，中美两国正着力布局相关领域。他认为，上海依托航天产业、半导体芯片、 人工智能及算力领域等综合生态优势，将为中国"太空算力"发展提供关键支撑。对于未来发展，他表 示，若能通过技术创新在未来3到5年内降低卫星发射成本，"太空算力"有望在5年左右的时间内从构想 走向真正的商业化落地。 ...

在全球能源加速转型的当下，电力系统安全问题凸显。 在中国石油集团经济技术研究院（下称"中石油经研院"）日前主办的《2025年国内外油气行业发展报 告》《全球能源安全报告（2025）》发布会上，中石油经研院首席专家刘佳表示，全球能源安全的焦点 正逐渐从"高碳能源"向"低碳能源"转移，当前化石能源安全相对可控，但电力系统安全风险却愈加凸 显。 全球能源安全焦点转移 据《全球能源安全报告（2025）》，2025年全球化石能源供应量同比增长1.9%，需求量增长0.9%，供 需呈进一步宽松态势。其中，全球石油产量同比增长2.4%，消费量增长0.7%；天然气产量同比增长 3.1%，消费量增长1.4%；煤炭产量同比增长0.5%，消费量增长0.7%。总体看，去年全球天然气供需较 为宽松，煤炭供应基本平衡，石油供应增长快于需求。 展望2026年，中石油经研院预计全球油气产量将继续增长，油气市场供应宽松格局延续。价格上，国际 油价运行中枢将进一步下移，预计布伦特原油全年均价为60-65美元/桶。 "但是，电力供需情况仍较为紧张。"刘佳表示，随着全球数据中心用电量的强劲增长，以及交通等领域 电气化的持续推进，全球用电量快速增长，去 ...

Core Viewpoint - The entry of non-traditional players like ByteDance into the land acquisition market signifies a shift in strategy for tech companies, focusing on self-owned office spaces rather than traditional leasing models [1][2]. Group 1: Land Acquisition Details - ByteDance's subsidiary, Beijing Yun Yue Chang Shi Technology Co., acquired a commercial financial service land in Haidian District for a base price of 2.8 billion yuan, covering an area of 39,522.111 square meters with a planned above-ground construction area of approximately 96,811.508 square meters [2]. - The land acquisition is part of a broader trend where tech giants like ByteDance, Tencent, and JD.com are purchasing land for self-use rather than leasing [5][7]. Group 2: Advantages of Direct Land Purchase - Direct land acquisition helps mitigate risks associated with long-term leasing, such as rental fluctuations and potential lease terminations, while converting rental expenses into long-term fixed assets for asset appreciation [8]. - Owning property allows companies to customize their office spaces according to specific operational needs, enhancing flexibility compared to leasing [8]. - This strategy aligns with ByteDance's expansion goals, allowing the company to convert cash into long-term assets, reduce operational costs, and strengthen collaboration with local governments for potential tax benefits and talent acquisition [8] [9]. Group 3: Challenges of Direct Land Purchase - The challenges include high upfront costs, significant capital lock-up, and longer construction timelines, which may pose risks if business needs change [9]. - Companies require specialized teams for property management, leading to additional operational costs, and the liquidity of owned commercial properties is relatively low, making it difficult to convert assets into cash quickly if needed [9].

恒生指数收涨0.05%，恒生科技指数跌1.84%。煤炭股大涨，兖矿能源涨逾10%，中煤能源涨逾8%，中 国神华涨逾5%。科网股多数走低，金蝶国际跌逾12%，携程集团跌逾6%。（AI生成） ...

Core Viewpoint - The entry of non-traditional players, particularly internet giants like ByteDance, into the land auction market signifies a shift in real estate strategies, focusing on self-owned properties for operational needs rather than traditional real estate development [1][2]. Group 1: Land Acquisition by ByteDance - ByteDance acquired a commercial financial service land parcel in Haidian District, Beijing, for a base price of 2.8 billion yuan, with a land area of 39,522.111 square meters and a planned above-ground construction area of approximately 96,811.508 square meters [2]. - The land acquisition aligns with ByteDance's strategy to expand its operational footprint in Beijing, as the area already hosts several of its existing office buildings [3][4]. Group 2: Advantages of Direct Land Purchase - Direct land acquisition allows companies to mitigate risks associated with long-term leasing, such as rental fluctuations and potential lease terminations, while converting rental expenses into long-term fixed assets for value appreciation [8]. - Owning property enhances brand image and talent attraction, especially in established industrial clusters, allowing for customized office space that meets specific operational needs [8]. Group 3: Challenges of Direct Land Purchase - The challenges of purchasing land include high initial investment costs, significant capital lock-up, and the need for professional property management, which can increase operational costs [9]. - Companies may face difficulties in adapting the space if business needs change, and the liquidity of owned commercial properties is generally lower, making it harder to convert assets into cash quickly if needed [9].

2月3日，在陆家嘴金融沙龙上，新微创源孵化器董事长任佳表示：孵化器如果没有投资的功能，这个孵 化器的价值也会大打折扣。一个孵化器、孵化平台是不是有价值，是不是能够真正的吸引创业团队，并 且真正的能够赋能创业项目，是孵化器高质量孵化的最重要的特质。 2月3日，在陆家嘴金融沙龙上，新微创源孵化器董事长任佳表示：孵化器如果没有投资的功能，这个孵 化器的价值也会大打折扣。一个孵化器、孵化平台是不是有价值，是不是能够真正的吸引创业团队，并 且真正的能够赋能创业项目，是孵化器高质量孵化的最重要的特质。 ...

Core Viewpoint - The construction of the "Five Centers" is a crucial mission assigned to Shanghai by the central government, aimed at enhancing the city's core functions and driving high-quality development through high-level reform and opening-up [3][4]. Group 1: Strategic Initiatives - The meeting emphasized the need to deepen the construction of the "Five Centers" by leveraging major functional and strategic platforms to enhance overall development and resource allocation [5][6]. - Key areas of focus include the development of a scientific and intelligent growth hub, international aviation city, and a global asset allocation center for RMB [2][3]. Group 2: Policy Implementation - The city aims to strengthen global resource allocation, technological innovation, and high-end industry leadership while ensuring quality orientation and integrated effects [3][4]. - There is a commitment to enhance the service industry, particularly in knowledge-intensive and productive services, by implementing targeted policies and regulatory reforms [4][5]. Group 3: Collaborative Efforts - The meeting highlighted the importance of collaboration among various stakeholders, including government departments and enterprises, to support the "Five Centers" initiative [2][4]. - The city will continue to support the work of the Political Consultative Conference, ensuring that members can contribute effectively to the modernization efforts [2][3].