1月23日，招商银行发布2025年度业绩快报。2025年，招商银行交出了一份营收和净利润双增长的成绩单：营收同比增长0.01%至3375.32亿元，净利润同比 增长1.21%至1501.81亿元。 资产规模和质量方面，截至2025年12月31日，招商银行资产总额130705.23亿元，较上年末增加9184.87亿元，增幅7.56%；负债总额117896.24亿元，较上年 末增加8710.63亿元，增幅7.98%；不良贷款率0.94%，较上年末下降0.01个百分点；拨备覆盖率391.79%，较上年末下降 20.19个百分点；贷款拨备率3.68%， 较上年末下降0.24个百分点。 四家股份行净利润全部增长 截至目前，A股上市股份行中，已经有招商银行、兴业银行、中信银行和浦发银行四家发布2025年度业绩快报。 | 银行 | 菅收 | 増幅 | 归母净利润 | 増幅 | | --- | --- | --- | --- | --- | | | (亿元) | | (亿元) | | | 招商银行 | 3375.32 | 0.01% | 1501.81 | 1.21% | | 兴业银行 | 2127.41 | 0.24% | ...

Core Viewpoint - Shenzhen has released the "Shenzhen Management Measures for Allocated Affordable Housing," which will take effect on March 1, 2026, aiming to provide housing support for low-income groups [1]. Group 1: Overview of the Measures - The measures consist of 5 chapters and 37 articles, detailing application conditions, allocation methods, management, and supervision of allocated affordable housing [4]. - Allocated affordable housing is a type of housing support where the government provides policy support, limiting unit size, sale price, and rights of use and disposal, aimed at eligible low-income groups [4]. Group 2: Pricing and Allocation - The pricing for allocated affordable housing will consider land costs, construction costs, reasonable profits, and relevant taxes, while also factoring in housing supply and demand and the payment capacity of low-income groups [4]. - The specific sale price for each project will be stated in the project allocation announcement [4]. Group 3: Application Conditions - To apply for allocated affordable housing, applicants must be registered residents of Shenzhen, have no self-owned housing in the city, and have not transferred or divided self-owned housing in the past three years [4]. - Applicants must have paid social insurance in Shenzhen for at least 5 years, or 3 years if they meet specific talent introduction criteria [4]. Group 4: Management and Transfer Regulations - Allocated affordable housing will be strictly managed and cannot be converted to commercial housing [5]. - After signing the purchase contract for three years, buyers can apply for a closed transfer on the information platform, with transfer prices negotiated between parties [5]. - In case of repurchase, the repurchase price will be calculated as the original purchase price multiplied by (1 - annual depreciation coefficient × years of use), with a depreciation coefficient of 1% [5].

随着公募基金2025年第四季度报告披露收官，全行业最新管理规模排名出炉。Wind数据显示，2025年 末，易方达基金以2.49万亿元（ETF使用最新场内规模，下同）管理规模蝉联第一，华夏基金以2.21万 亿元紧随其后，成为业内仅有的两家管理规模超2万亿的公募机构。同时，公募基金管理规模Top10门 槛跃升至万亿元，广发基金、南方基金、富国基金等8家机构规模均超万亿，头部效应持续强化。 截至2025年末，公募基金规模同比新增约5万亿元，其中非货币型基金增长3.38万亿元，成为行业增长 主力，ETF与"固收+"产品则分别贡献了2.08万亿元和1.02万亿元增长，是全年机构规模增长的核心胜负 手。 易方达、华夏基金管理规模超2万亿元 Wind数据显示，截至2025年末，公募基金规模达37.5万元，同比增长约5万亿元。 公募基金管理规模前十门槛已经提升至万亿元级别。截至2025年末，易方达基金以2.49万亿元管理规模 蝉联榜首，华夏基金以2.21万亿元紧紧跟随。两家成为业内仅有的管理公募基金规模超2万亿的机构， 且增幅非常接近。易方达基金、华夏基金全年管理规模分别增加4361.11亿元、4268.44亿元，增幅分别 ...

2025年，招商银行实现营业收入3375.32亿元，同比增加0.44亿元，增幅0.01%；利润总额1789.93亿元， 同比增加3.41亿元，增幅0.19%；归属于该行股东的净利润1501.81亿元，同比增加17.90亿元，增幅 1.21%。 实际上，2025年前三季度，招商银行营收尚处于负增长状态，同比下降0.51%，净利润增幅也仅有 0.51%。全年营收增幅由负转正、净利润增幅实现提升，表明该行在第四季度展现出强劲的业绩修复与 增长动能，经营韧性显现。 1月23日，招商银行发布2025年度业绩快报。2025年，招商银行交出了一份营收和净利润双增长的成绩 单：营收同比增长0.01%至3375.32亿元，净利润同比增长1.21%至1501.81亿元。 截至目前，已有招商银行、兴业银行、中信银行和浦发银行四家股份行披露2025年度业绩快报。营收方 面，仅中信银行1家微降，其余3家均实现增长；净利润则全部实现增长。 招行去年营收和净利润"双增长" 在业绩快报中，招商银行表示，"2025年，集团各项业务稳健开展，总体经营情况良好"。 营收方面，中信银行营收与兴业银行不相上下，均在2100亿元级别，浦发银行营收则增至 ...

退休三年后，恒邦财产保险股份有限公司（下称"恒邦财险"）首任董事长肖晓华被通报"落马"。 1月20日，江西省纪委监委官方微信"廉洁江西"发布消息：江西省金融控股集团有限公司原党委委员、 副董事长，恒邦财险原董事长肖晓华涉嫌严重违纪违法，目前正接受江西省纪委监委纪律审查和监察调 查。 作为恒邦财险的筹备者与首任"掌门人"，肖晓华的任职轨迹贯穿该公司从创立到初步布局全国的关键阶 段。他的被查，不仅引发市场对恒邦财险过往公司治理的关注，更将这家江西省唯一的全国性法人保险 公司推至聚光灯下：在承保业务长期亏损、合规风险频发、行业"马太效应"加剧的多重压力下，其"深 耕江西、布局全国、唱响品牌"的三步走战略将如何继续推进？ 最新业绩数据显示，2025年前三季度，恒邦财险实现保险业务收入14.98亿元，净利润1403.9万元，投资 收益率3.17%，核心与综合偿付能力充足率分别达533.28%、538.55%，偿付能力表现优异。从保费增速 看，2020至2024年公司保险业务收入从12.02亿元增至18.8亿元，年复合增速稳健，2025年前三季度收入 已接近2024年全年水平的八成，创收能力稳定。 但真正的挑战隐藏在成本 ...

Core Viewpoint - The average urban survey unemployment rate in China is projected to be 5.2% in 2025, indicating a stable employment situation at the macro level, but individuals are feeling significant employment pressure at the micro level. The core contradiction of current employment pressure lies in structural issues, exacerbated by technological advancements and economic changes, necessitating macro reforms and lifelong learning for resolution [1][4][5]. Macro Economic Indicators - The 2025 target for the urban survey unemployment rate is around 5.5%, and achieving a 5.2% rate is considered commendable given the current economic context. However, this figure does not fully capture the employment landscape, as different demographics and regions face varying employment pressures, highlighting the need for more comprehensive evaluation metrics beyond just unemployment rates [4][6]. Structural Employment Issues - The primary challenge is structural, particularly concerning skill mismatches. Economic transitions and technological advancements are creating and eliminating jobs, leading to a disconnect between existing workforce skills and new job requirements. This is compounded by regional disparities in labor supply and demand, as well as a mismatch between job offerings and job seekers' preferences, especially among the youth [6][7]. Youth Employment and Education - The number of college graduates is expected to reach 12.22 million in 2025, with a projected increase to 12.7 million in 2026. The key to ensuring youth employment lies in adapting educational programs to meet market demands. The government should implement targeted policies to encourage employers to hire graduates, while educational institutions must align their curricula with labor market needs [9][10]. Age Discrimination and Career Development - The "35-year-old employment crisis" reflects a broader societal issue where workers face career stagnation and increased competition from younger individuals. This demographic often bears family pressures, making job transitions challenging. Addressing this requires collaborative efforts from society, businesses, and individuals to create equitable employment opportunities and promote lifelong learning [10][11]. Work-Life Balance and Employment Quality - There is a growing emphasis on work-life balance among younger generations, with a shift in focus towards the quality of employment rather than just job availability. The government has recognized the importance of high-quality employment, which includes maintaining a balance between work and personal life as a fundamental aspect of job quality [14][16]. AI and Employment Dynamics - The rapid advancement of AI technology poses both challenges and opportunities for employment. While some jobs may be at risk of automation, new roles are also emerging. The key lies in how AI is integrated into the workforce, emphasizing the need for continuous learning and adaptation among workers to remain competitive in an evolving job market [22][23].

"股改是优化资本结构的重要步骤，为未来潜在资本运作预留空间。"众擎机器人方面亦向记者回应称， 此次股改意在优化股东结构与资本架构，为公司未来融资、股权激励和战略投资提供更灵活的空间。同 时也为技术研发投入、海外市场拓展及产业链资源整合提供资本保障。 截至目前，国内具身智能赛道已有8家创业公司释放明确的上市动向或完成股改：宇树科技正在冲刺 IPO，乐聚机器人、云深处科技启动了上市辅导；完成股改的智元机器人和银河通用则传出赴港股上市 的消息，但两家公司均予以否认。另外，傅利叶也于2025年7月完成股改。 这些公司中，宇树科技被外界视为上市确定性较高的一家。一位关注具身智能上下游的投资人向南都记 者表示，若宇树科技在2026年顺利上市，可能对资本市场产生双重影响：一方面，提振二级市场的机器 人概念股；另一方面，由于同一赛道的上市名额有限，宇树科技上市后，人形机器人整机本体公司的一 级市场热度可能变得更冷。 据其进一步分析，当一些具身智能公司将估值拉升到百亿元规模后，IPO几乎成为投资人唯一的退出路 径。如果把估值控制在20亿元到40亿元之间，则仍有可能寻求被上市公司并购。 南都记者1月23日了解到，星海图和众擎机器 ...

Group 1 - The Guangdong High Court has released a batch of innovative cases aimed at enhancing the legal business environment, covering areas such as financial dispute resolution, support for struggling enterprises, and the handling of bankruptcies for small and medium-sized enterprises [1][2] - The court emphasizes the integration of judicial work into the broader economic and social development context, focusing on both case fairness and the prevention and systematic resolution of disputes [1][3] - Collaborative mechanisms have been established, such as the cross-regional ceramic geographical indication protection mechanism and a "evaluation + feedback" system to support innovation enterprises while mitigating financial risks [2][3] Group 2 - The Guangdong courts are actively promoting the establishment of a restructuring center for enterprises in the Guangdong-Hong Kong-Macao Greater Bay Area, facilitating the transformation and upgrading of struggling enterprises [3][4] - Customized judicial services are being provided to meet the needs of different industries and market participants, helping to reduce dispute resolution costs and stabilize business expectations [4] - The courts have successfully utilized bankruptcy reorganization systems to save viable struggling enterprises, thereby maintaining employment and preventing disruptions in the industrial chain [3][4]

南都讯 1月23日，中山大学钱军教授团队联合广州医科大学附属市八医院刘林娜教授团队、吉林大学第 一医院刘全教授团队以及中山大学杨建荣教授团队在《细胞》（Cell）杂志发表论文，首次系统揭示了 埃博拉病毒在2018-2020年大规模流行期间的一个关键"优势"突变，为理解病毒变异和开发新型广谱抗 病毒策略提供了重要的科学线索。 埃博拉病毒病是由埃博拉病毒感染引起的一种致死率极高的传染病，目前尚缺乏特效药物，对全球公共 卫生构成严重威胁。2018至2020年，刚果民主共和国暴发了史上第二大埃博拉疫情，造成了约3400人感 染、2200人死亡。此次疫情持续如此之久，除了当地受限的医疗条件外，埃博拉病毒本身是否变异得 更"狡猾"了？ "这项研究不仅仅是一个科学发现，"钱军教授总结道，"它更是一个生动的案例，告诉我们：在重大新 发传染病疫情中，对病原体进行实时的基因组监测与进化分析是多么重要。它不仅能预警病毒传播风险 的变化，更能前瞻性地评估现有药物和疫苗的有效性，指导我们提前布局防控策略。" 该研究获得了深圳市科技计划、广东省重点领域研发计划、广东省珠江人才计划、广州市科技局基础研 究计划、人畜共患传染病重症诊治全国重 ...

珠江新城马场地块迎来最新进展。1月23日，天河区黄埔大道以南、马场路以东地块（马场1期地块）正 式挂牌出让。 根据出让公告，地块包含商业用地B1兼容商务用地B2、二类居住用地R2、服务设施用地R22、中小学 用地A33、其他交通设施用地S9。地块总用地面积194500.39（出让宗地面积174007.24平方米），挂牌 起始价1864365万元，预计将在2月25日上午竞拍。 值得关注的是，该地块须承诺配合履行"交房即发证"服务模式，确保购房人在收房的同时即具备申请领 取不动产权属证书的条件。 根据公告，竞得人须在签订《国有建设用地使用权出让合同》之日起1个月内与广州市天河区人民政府 签订《珠江新城东区AT111321、AT111323地块产业项目进驻协议书》；须在珠江新城东区AT111323地 块建设一家计算容积率建筑面积不低于45000平方米的国际知名五星级酒店以及同品牌酒店式公寓。 竞得人须按规划要求建设规划条件中的AT111313、AT111314地块，按广州市土地开发中心通知时间进 场建设，2年内完成建设。项目建成验收合格后，无偿移交给广州市天河区人民政府指定部门。该中小 学、幼儿园项目建设进度可不与 ...