Core Viewpoint - Bilibili (B站) has partnered again with China Central Television (CCTV) for the 2026 Spring Festival Gala, becoming the exclusive bullet screen video platform for the event, enhancing user interaction and experience [1] Group 1: Partnership and Collaboration - Bilibili will provide live streaming of the Spring Festival Gala on New Year's Eve, allowing users to interact through real-time bullet comments [1] - The collaboration aims to improve the bullet comment experience significantly compared to the previous year through increased technological investment [1] Group 2: User Engagement and Statistics - In the previous year, over 100 million viewers watched the Spring Festival Gala live on Bilibili, with 83% of viewers being under 30 years old [1] - The co-created program "Spring Red Packet" achieved over 1 billion views across the internet [1] - After the 2025 Spring Festival Gala was made available for replay on Bilibili, it garnered over 300 million views, while user-generated content related to the gala reached over 2.54 billion views, leading to the creation of numerous works with over 10 million views [1] Group 3: User Features - Starting from the eve of the Spring Festival, users can create their own interest rooms on Bilibili to watch exclusive content and discuss gala programs with friends [1] - The number of interest rooms is expected to exceed 1,000 during the Spring Festival [1]

Core Viewpoint - Baidu has announced a new share repurchase plan authorized by its board, allowing for the repurchase of up to $5 billion of its shares, effective until December 31, 2028 [1] Financial Performance - For Q3 2025, Baidu reported total revenue of 31.2 billion yuan, a year-on-year decrease of 7% [1] - The net profit under non-GAAP was 3.77 billion yuan [1] AI Business Growth - Baidu disclosed that its AI business revenue grew by over 50% year-on-year [1] - AI cloud revenue increased by 33% year-on-year [1] - Subscription revenue from AI high-performance computing infrastructure surged by 128% [1] - AI application revenue reached 2.6 billion yuan [1] - Revenue from AI-native marketing services rose by 262% to 2.8 billion yuan [1]

北京商报讯（记者 孟凡霞 周义力）2月5日，伦敦银现震荡下行，盘中跌破80美元/盎司，截至11:00， 现报73.635美元/盎司，日内跌幅超16%。 ...

据了解，2016年以来，中国光伏行业协会已连续发布九版《中国光伏产业发展路线图》，此次发布的是 第十版。 北京商报讯（记者 马换换 李佳雪）2月5日，在中国光伏行业协会主办的"光伏行业2025年发展回顾与 2026年形势展望研讨会"上，《中国光伏产业发展路线图（2025—2026年）》发布。 ...

北京商报讯（记者 马换换 李佳雪）2月5日，在中国光伏行业协会主办的"光伏行业2025年发展回顾与 2026年形势展望研讨会"上，第十版《中国光伏产业发展路线图》（以下简称《路线图》）发布。据 《路线图》，预计2026年中国光伏新增装机规模180-240GW。 中国光伏行业协会预测，国内光伏新增装机规模短期调整后将重回增长态势，据曲线图，2026年装机规 模触及低点，之后回升，其中预计2035年国内新增装机规模将达到280—350GW。 ...

卫光生物表示，本项目的建设实施，是公司立足现有核心优势，从血液制品领域向生物医药前沿赛道延 伸拓展的重要战略举措，有利于公司进一步完善生物医药领域战略布局，培育新的业务增长点，增强公 司差异化竞争优势，是公司实现战略升级、推动高质量发展的重要抓手。 北京商报讯（记者 丁宁）2月5日，卫光生物（002880）盘中股价大涨，一度涨逾8%。截至北京商报记 者发稿，卫光生物报33.31元/股，涨幅为8.43%。 消息面上，卫光生物发布公告称，公司拟与深圳市深业生物医药产业发展有限公司、深圳细胞谷生物医 药有限公司及深圳赛桥生物创新技术有限公司共同出资设立深圳市羲和生命科技有限责任公司（暂定 名，以工商部门最终登记结果为准），建设深圳市细胞与基因治疗市场化公共服务平台。新设公司初始 注册资本为1亿元，卫光生物认缴4000万元，占其股权比例为40%。 ...

截至当日9时45分，在岸人民币对美元汇率报6.9439，日内升值0.02%；离岸人民币对美元汇率报 6.9422，日内最高升值至6.9384。 北京商报讯（记者 董晗萱）2月5日，人民币对美元中间价调贬37个基点，报6.9570。前一交易日中间价 报6.9533。 ...

Group 1 - The core viewpoint of the articles highlights the current state of the real estate market in Beijing, focusing on new and second-hand housing transactions as of February 4, 2026 [1][2][3] Group 2 - On February 4, 2026, Beijing recorded 173 new housing transactions with a total area of 13,813.58 square meters, including 65 residential transactions covering 8,513.15 square meters [1] - The second-hand housing market saw 648 transactions, totaling 53,842.36 square meters, with 559 of these being residential transactions amounting to 47,921.12 square meters [1] - As of February 4, 2026, there are 91,597 units available for sale, with a total area of approximately 7,688,208 square meters, including 15,151 residential units covering about 5,415,659 square meters [2] - The total number of unsold units stands at 210,017, with a total area of approximately 11,545,620 square meters, including 30,598 residential units covering about 3,470,789 square meters [2] - In January 2026, the online signing for existing homes reached 16,912 units, with a total area of approximately 1,456,848.5 square meters, including 15,082 residential units covering about 1,349,072.25 square meters [3]

Core Viewpoint - The People's Bank of China (PBOC) has conducted a significant reverse repurchase operation of 800 billion yuan to address mid-term liquidity pressures ahead of the Spring Festival, signaling a proactive approach to maintain liquidity stability in the banking system [1][2]. Group 1: Reverse Repo Operations - On February 4, the PBOC executed an 800 billion yuan reverse repo operation with a term of 3 months, resulting in a net liquidity injection of 100 billion yuan [1]. - The total mid-term liquidity maturing in February amounts to 1.5 trillion yuan, with 700 billion yuan from 3-month reverse repos and 500 billion yuan from 6-month reverse repos [1]. - The operation is seen as a forward-looking hedge against potential mid-term liquidity pressures, especially with the upcoming maturity of 700 billion yuan in 3-month reverse repos [1][3]. Group 2: Market Stability and Policy Tools - The 3-month reverse repo is designed to stabilize the bank's liability structure and the operation of money market interest rates, particularly during the high-demand period around the Spring Festival [2]. - The PBOC's open market operations are crucial for monetary policy adjustment and liquidity management, with a total net injection of 6 trillion yuan in 2025, including 3.8 trillion yuan from reverse repos [2]. - The PBOC is enhancing its monetary policy toolkit, allowing for better coordination of various tools to manage liquidity and improve transparency in policy operations [2]. Group 3: Liquidity Demand and Future Outlook - February is expected to see concentrated bank credit issuance, with increased liquidity demand due to cash withdrawal factors before the Spring Festival [3]. - The PBOC's strategy of increasing the 3-month reverse repo is aimed at preemptively addressing mid-term funding gaps, reducing the need for frequent adjustments to short-term tools [3]. - The urgency for further reductions in reserve requirements or interest rates is seen to be decreasing, with a preference for using MLF and reverse repos in a coordinated manner to stabilize mid-term liquidity supply [3].

针对团圆聚餐的火锅场景，永辉提供了从潮汕鲜切牛肉、进口肥牛/羔羊卷到鲜切羊肉系列的丰富肉品 选择，并推出多款组合拼盘。来自洪湖、荔浦、罗田等核心产区的粉藕、芋头、板栗等地标好物，让家 宴菜肴更富层次。 北京商报讯（记者 赵述评）农历新年临近，近日，永辉超市启动"新永辉 新年味"2026年货节。 在水果板块，智利车厘子、红颜草莓与国产蓝莓构成核心阵容。永辉对智利车厘子进行波段化供给策 略，从首波海运高质价比商品，到春节前夕聚焦4J/5J等大果，匹配不同阶段的消费需求。草莓品类则 精细化运营红颜、章姬、香野等多个品种，规划不同产期与规格组合。 为增强门店的聚客能力与体验价值，永辉在熟食与即食板块重点呈现现制现售的"烟火气"与互动氛围。 为满足顾客将"餐厅级"宴席美味便捷带回家的需求，永辉同步推出了多款家宴硬菜，包括鲍鱼红烧肉、 鲍鱼发财手与鲍鱼鸡煲。 为营造家庭节日氛围，永辉超市在坚果礼赠与年节装饰方面也进行了规划。通过推出多款定制化坚果礼 盒与量贩包装，满足家庭分享与社交礼赠需求；在"永辉喜市"专区汇集了涵盖春联、灯笼、创意摆件等 全品类年饰，并引入热门IP与设计新品。 ...