（原标题：你的AI助手正在下单付款！Visa发布2026年全球支付预测） 全球支付行业正迈入以AI、身份安全与跨境网络协同为核心的重构新阶段。随着人工智能在零售链路 中的应用量在一年内激增4700%，支付正从技术升级走向底层逻辑改变。近年来，数字钱包在亚太线上 支付中的占比不断提升，移动端成为跨境交易主入口。Visa于1月23日发布《2026 年全球支付预测》， 呈现六大趋势及其对中国市场的意义。 Visa中国区总裁尹小龙表示："当AI、身份安全与全球网络能力同时发生跃迁时，支付行业迎来前所未 有的重构时刻。我们希望通过技术创新，为中国消费者和企业带来更智能、更安全、更具确定性的跨境 支付体验。" 趋势一：AI驱动智能商务——从辅助进入执行时代 生成式AI正从辅助走向执行，能够代表用户完成搜索、比价、决策与支付。Visa已在北美与亚太完成数 百笔AI发起的真实交易，并将在2026年扩大规模。Trusted Agent Protocol进一步确保智能体交易的身份 与意图可信，为跨境旅行、跨境电商与留学账单等复杂场景提供高效支持。 趋势二：身份安全进入AI时代——可信发起者成为核心标准 趋势三：支付标记化普及—— ...

Core Insights - Alibaba Group is planning to restructure its semiconductor design unit, T-Head, with the aim of supporting its future independent listing, which has led to a significant increase in Alibaba's stock price [2][3] - The potential spin-off of T-Head is seen as a crucial step in Alibaba's AI strategy, enhancing its competitiveness in the semiconductor sector and creating new opportunities in the context of the US-China chip rivalry [2][6] Company Overview - T-Head, established in September 2018, is Alibaba's wholly-owned semiconductor company, formed by integrating teams from acquired companies and internal resources [3] - The company has developed a comprehensive product line, including the Xuantie processors, Yitian server chips, and Hanguang AI chips, achieving large-scale production and application across various fields [3][4] Product Performance - T-Head's first-generation PPU chip is reported to match the performance of NVIDIA's popular H20, while the upgraded version surpasses the A100 [4][5] - The PPU chip has gained a strong reputation in the industry for its performance and cost-effectiveness, with significant demand evidenced by contracts with China Unicom for the supply of 16,384 computing cards [4] Strategic Implications - The independent listing of T-Head is expected to have a profound impact on China's semiconductor industry, enhancing the overall competitiveness of the domestic AI chip sector and reducing reliance on foreign technology [6] - Alibaba's long-term investment of over $53 billion in AI infrastructure development positions T-Head as a critical technological pillar for the company in the AI era [6] Market Context - The move aligns with a broader trend of Chinese tech companies, such as Baidu, pursuing independent listings for their semiconductor units amid a wave of IPOs in the AI chip sector [7] - Successful listing of T-Head could set a significant precedent for the transformation of Chinese tech enterprises, although challenges remain due to the capital-intensive nature of the chip industry and international competition [7]

Core Insights - The article emphasizes the need to understand the complexities of economic interests in the digital age, highlighting how digital technology fundamentally reshapes the nature and distribution of these interests [1][2]. Group 1: Theoretical Foundation - The "Five-Dimensional Attributes Model of Interests" is introduced, which includes subjectivity, objectivity, process, time, and space, providing a comprehensive framework for analyzing interests beyond traditional economic views [2][3]. Group 2: Subjective Interests - In the industrial era, subjective interests were clearly defined between capitalists and workers, but in the digital age, these interests have become blurred, fragmented, and highly diverse [3][4]. - The monopolistic nature of platform capital creates a weak position for users, exacerbating the fragmentation and alienation of interests [4]. Group 3: Objective Interests - The digital age has significantly expanded the forms of objective interests, moving beyond traditional goods and currency to include data as a new key interest object [5][6]. - The relationship between capital and data as a production resource creates new forms of objective interests, with the value of data being amplified through rapid movement and aggregation [6]. Group 4: Processual Interests - The realization of interests through production, exchange, distribution, and consumption processes has been deeply transformed by digital technologies [7][8]. - Technologies like blockchain and AI revolutionize the processes of interest realization, enhancing efficiency and transparency while serving specific distribution goals [8]. Group 5: Temporal Interests - Digital technology intensifies short-termism while also providing tools to coordinate long-term interests [9][10]. - The pursuit of short-term profit maximization can disrupt sustainable relationships, but institutional and technological measures can help align capital with long-term interests [10]. Group 6: Spatial Interests - Digital technology has the potential to exacerbate regional imbalances while also offering opportunities for spatial rebalancing [11][12]. - The concentration of capital and the movement of data can lead to spatial inequalities, but governance and technological interventions can promote a more equitable distribution of interests [12].

Group 1 - The National Intellectual Property Administration will hold a press conference on January 23 to discuss the progress of intellectual property work for 2025 [1] - On January 23, a total of 11 companies will have their restricted shares unlocked, with a total unlock volume of 246 million shares, amounting to a market value of 18.245 billion yuan [2] - Three companies, Longda Co., Fuling Co., and Tonghuashun, have the highest unlock volumes, with 120 million shares, 75.4163 million shares, and 36.1454 million shares respectively [2] Group 2 - Seven companies disclosed stock repurchase progress on January 23, with five companies announcing new repurchase plans and two completing their repurchase plans [3] - The highest repurchase amounts from newly announced plans are from Hengyi Petrochemical, Yunyi Electric, and Xidun Pharmaceutical, with proposed repurchase amounts of up to 1 billion yuan, 15 million yuan, and 5 million yuan respectively [3] - Two companies, Zhongda An and Green Energy Hui Charge, have completed repurchases of 1.0803 million yuan and 528,800 yuan respectively [3] Group 3 - Seven companies announced progress on private placements on January 23, with one company disclosing a new private placement plan, three plans approved by shareholders, one plan approved by the CSRC, and two plans halted [4] - Six A-shares will undergo equity registration on January 23, with all six companies planning to distribute dividends [5] - The highest dividend payouts are from Jintuo Co., Chuan Yi Co., and Yuanli Co., with distributions of 4.10 yuan, 3.00 yuan, and 1.00 yuan per 10 shares respectively [5] Group 4 - The financial technology ETF from Huaxia has seen a recent decline of 5.40% over the past five days, with a current PE ratio of 76.53 times and an increase in shares by 15 million [8] - The securities ETF from Huaxia has decreased by 1.29% over the past five days, with a PE ratio of 17.02 times and a reduction in shares by 55.5 million [8] - The new energy ETF has experienced a slight decline of 0.45% over the past five days, with a PE ratio of 49.40 times and a decrease in shares by 6 million [8]

Group 1 - The article discusses five practical psychological effects that can enhance social interactions and improve relationships [4] - The first effect is the Primacy Effect, which states that people form initial impressions within seven seconds of meeting someone [5][6] - The second effect is the Twelve-Second Effect, indicating that individuals have a twelve-second window where emotions can lead to impulsive reactions during conflicts [11][12] - The third effect is the Franklin Effect, which suggests that people are more likely to help those who have helped them in the past, fostering positive relationships [15][16] - The fourth effect is the Foot-in-the-Door Technique, where agreeing to a small request increases the likelihood of agreeing to a larger request later [18][19] - The fifth effect is the Sandwich Effect, which involves delivering criticism between two positive statements to make it more acceptable [26][27] Group 2 - The article emphasizes that mastering these psychological effects can lead to more effective communication and relationship-building [4][30] - It highlights the importance of first impressions and managing one's appearance and behavior to create a positive initial impact [9][10] - The article also discusses strategies for emotional regulation during conflicts, such as taking a pause to allow emotions to settle [13][14] - It explains how the Franklin Effect can be a strategic approach to building connections by encouraging mutual support [15][17] - The Foot-in-the-Door Technique is illustrated through a psychological experiment demonstrating its effectiveness in gaining compliance [19][20] - The Sandwich Effect is presented as a method to soften criticism and maintain a positive atmosphere in communication [28][29]

2026年1月31日-3月1日10:00-18:00 17:30停止入馆 周一闭馆 展览地点 阿那亚艺术中心广州馆·4号厅 展览参与方式 （原标题：「应和」窦唯朝简·许静书乐会展） 2026年1月31日，音乐人窦唯·朝简与书法家许静将以展览与现场乐会的形式，邀请观者漫步于文字与音 乐交融的空间，随书入境，从音放空，于流转之间感知共振渐生的场域。 展名 「应和」窦唯朝简·许静书乐会展 展览时间 入园后无须预约，免费参观 ...

Core Viewpoint - Oriental Yuhong is undergoing a significant asset disposal strategy to alleviate liquidity pressure and reduce debt levels amid a challenging real estate market, while also transitioning its business model towards diversification and international expansion [1][7][9]. Asset Disposal - Oriental Yuhong announced the sale of 28.405 million shares of Jinke Service at HKD 6.67 per share, totaling approximately HKD 189 million [1]. - Since late October 2025, the company has publicly announced the disposal of various assets, including 70 properties, with a total transaction value of HKD 94 million and an average asset disposal loss of 44.6% [4][6]. - The company has faced significant asset impairment losses, with some transactions resulting in losses exceeding 50% of the book value [3][4]. Business Transformation - The company is shifting its focus from traditional waterproofing materials to a diversified business model, including increasing revenue from retail channels and expanding into international markets [2][7]. - By mid-2025, the proportion of sales from retail channels increased to 37.3%, and the number of partners exceeded 10,000 [7]. - Oriental Yuhong is also enhancing its digital capabilities and establishing a risk control center to manage customer relationships and credit risks more effectively [7][9]. Debt Management - The company has received a total of HKD 3.26 billion in debt assets from various real estate companies to offset its debts, with a significant portion of these assets being commercial properties [6]. - In 2024, Oriental Yuhong announced a debt restructuring plan to address debts totaling HKD 2.23 billion and further prepared for potential impairments related to small and medium-sized real estate companies [9]. Financial Performance - For the first three quarters of 2025, Oriental Yuhong reported revenues of HKD 20.6 billion, a year-on-year decline of 5.1%, and a net profit of HKD 790 million, down 37.4% [9].

（原标题：迪拜环球港务集团调研：尽管贸易壁垒上升，贸易领袖对2026年仍保持信心） 全球贸易前景看似脆弱，但企业信心仍然稳健。这是迪拜环球港务集团最新发布的《全球贸易观察 （GTO）2026年度展望报告》的核心结论。报告显示，尽管贸易摩擦与市场波动加剧，仍有94%的受访 者预计，2026年的贸易增长速度将与2025年持平或更快。 本次调研于世界经济论坛年会召开前进行，覆盖来自19个国家、8大行业的3500名供应链与物流领域高 级管理人员。 整体来看，54%的受访者预计2026年贸易增长将快于2025年，40%认为将保持相当水平。这一乐观预期 是在复杂的宏观背景下形成的：53%的受访者预计将面临高或极高的政策不确定性，90%认为贸易壁垒 将会增加或至少维持现状。然而，仅有25%的受访企业预计这些挑战会对其业务产生负面影响，49%认 为不会受到影响，另有26%的企业甚至预期这将带来正面影响。 这一来自一线企业的信心，与部分宏观预测形成鲜明对比。国际货币基金组织（IMF）预计，2026年全 球贸易量增速可能放缓至2.3%，低于2025年3.6%的预估水平。 在被问及2026年最具贸易增长潜力的地区时，受访高管最常提 ...

Group 1 - Singapore's development is characterized by three key concepts: "nothing," "something," and "creating something from nothing," which reflect its journey from survival challenges to becoming a global hub [2][3] - The country faces significant natural resource limitations, including a lack of freshwater, minerals, and arable land, which are critical constraints on its development [4][5] - Singapore's initial economic challenges included a high unemployment rate of 12% and a low GDP per capita of $428 at independence in 1965, compounded by a lack of industrial infrastructure and regional trade barriers [5][6] Group 2 - Singapore has built core advantages through strategic positioning and institutional innovation, establishing itself as a bridge between East and West [7][8] - The country has developed a highly efficient and transparent institutional framework, which includes strict anti-corruption measures and a meritocratic governance model, contributing to a stable business environment [8][9] - Singapore's geographical location has been leveraged to create a global trade and shipping hub, with its port's throughput increasing from under 10 million tons in 1965 to 615 million tons by 2025 [10][11] Group 3 - The nation has implemented a dual talent strategy, attracting global talent while nurturing local capabilities, which is essential for its economic growth [11][12] - Singapore's water management innovations have transformed its water scarcity into a thriving industry, with a water services sector generating over 8 billion SGD annually [13] - The country has strategically shifted its industrial focus over the decades, moving from labor-intensive industries to high-tech sectors like biomedicine and digital economy, maintaining an annual growth rate of over 15% in the biomedicine sector [14][15] Group 4 - Singapore's international influence has grown significantly, participating actively in global governance and trade agreements, which enhances its role as a key player in the global economy [16] - The country has successfully transitioned from a resource-scarce nation to a global hub, achieving a GDP per capita exceeding $94,000 and ranking among the wealthiest countries [17][18]

Core Insights - The report reveals a concerning state of mental and physical health among teachers, with over 40% self-reporting as "sub-healthy" or "unhealthy," and only 8.14% considering themselves "very healthy" [1] - Nearly 40% of teachers acknowledge experiencing depression or anxiety, with over 20% affirming they have psychological issues [1] Group 1: Teacher Well-being - The survey collected 81,387 valid responses, with 51.67% from elementary school teachers and 37.73% from middle school teachers, indicating a significant focus on these critical educational stages [1] - The impact of teachers on children's growth extends beyond knowledge transfer, as they play a crucial role in emotional and psychological development [1] Group 2: Sources of Stress - The primary source of stress for teachers is the excessive non-teaching tasks, with 68.03% citing this as a major issue, followed by 60.21% feeling unable to discipline students and 52.55% fearing safety incidents [1] - A significant portion of teachers (50.58%) perceives societal and parental respect as superficial, with 48.34% feeling that demands from society and parents are excessive [1] Group 3: Policy and Management Issues - The need for reducing non-teaching burdens on teachers is emphasized, as many educators feel overwhelmed by administrative tasks, which detracts from their teaching responsibilities [2] - The ambiguity in educational management responsibilities and the heavy burden of safety accountability contribute to increased psychological stress for teachers [2] Group 4: Evaluation and Expectations - Teachers express a desire for evaluation systems to focus on moral integrity and student development rather than solely on quantifiable metrics like student performance, with 67.91% indicating that performance pay is linked to student grades [3] - The misalignment between the evaluation system and teachers' values leads to increased anxiety and potential burnout, as the focus on short-term metrics undermines the essence of education [3] Group 5: Commitment to Teaching - Approximately 60% of teachers chose the profession out of a genuine desire to teach, with 91.22% aiming to be "a good teacher" as their career goal, highlighting the importance of nurturing this commitment [4]