Core Insights - The 2025 South China Book Festival and the 7th Shenzhen Book Fair opened on November 13, featuring a blend of cultural and technological elements, with a focus on cross-industry collaboration in culture, tourism, and sports [2][3] Event Overview - The book fair spans 5 days, from November 13 to November 17, and includes a main venue at Shenzhen Book City and multiple sub-venues across the city, promoting a city-wide reading initiative [2] - Over 600 publishing units are participating, showcasing nearly 400,000 publications and 60,000 cultural creative products, along with more than 100 cultural activities [3][4] Exhibition Areas - The main venue covers approximately 49,000 square meters, featuring distinct areas such as the publication exhibition area, smart living area, stationery and cultural creative area, and a bookstore pop-up area [3][4] - The smart living area emphasizes technology integration, showcasing AI robots, smart living products, and interactive experiences [4] Cultural Activities - The festival includes a second illustration and planner festival, a movie market celebrating the 120th anniversary of Chinese cinema, and a BOOKWALK area designed for families with young children [5][6][7] - The interactive sports area is linked to the National Games, promoting urban sports culture through an open layout and engaging activities [7]

11月12日，广东东莞市凯格精机（301338）股份有限公司（下文简称"凯格精机"）发布"关于收到高级管理人员被采取强制措施的公 告"称，公司收到总经理邓迪的通知，因涉嫌危险驾驶，邓迪可能判处管制、拘役或者独立适用附加刑，根据《中华人民共和国刑事诉 讼法》，东莞市公安局决定对其取保候审，邓迪目前可正常履职。 凯格精机表示，公司及邓迪就此事带来的不良影响，向广大投资者致以诚挚的歉意。目前，公司生产经营情况正常，各项工作有序开 展。 早前，凯格精机收到广东证监局下发的相关决定，公司存在违规行为，被证监会责令改正，并出具警示函。根据公告，凯格精机IPO募 资违规用于发放工资，共涉及金额合计约3214万元，该公司被监管追责，董事长等4人被警示。 凯格精机成立于2005年，是一家专注于高端精密自动化装备的研发、生产、销售及工艺方案的提供商。该公司产品主要涵盖表面贴装技 术（SMT）及系统级封装（SIP）两大领域，产品包含锡膏印刷设备、点胶设备、封装设备和柔性自动化设备，广泛应用于消费电子、 网络通信、高端显示、照明应用、新能源、航天军工以及半导体等多个行业。公司于2022年8月在深交所创业板上市。 业绩方面，凯格精机今 ...

Core Insights - The early onset of winter in northern China has led to a surge in bookings for ski and hot spring accommodations, indicating a strong demand for winter tourism [1][2][3] Ski Accommodation Trends - As of November 10, 2025, ski accommodation bookings in Zhangjiakou's Chongli area have increased by 60% year-on-year, making it the top destination for ski lodgings in China [1][3] - Nationwide, ski accommodation bookings are up approximately 15% for the new snow season, with regions like Jilin and Xinjiang seeing their orders double [2][3] - There is a growing trend for longer stays, with nearly 20% of bookings in Chongli being for 7 days or more, reflecting a 13% increase in such reservations [2][3] Hot Spring Accommodation Trends - Bookings for hot spring accommodations featuring keywords like "private hot spring" and "spa" have grown by over 30% year-on-year [1][4] - The demographic shift shows that "post-00s" are increasingly participating in winter wellness tourism, with their orders rising by 43% [4][5] - Popular hot spring destinations include cities in Northeast and Southwest China, with notable increases in bookings in places like Baoshan, which saw a 73% rise [5] Service Enhancements - Many ski accommodations are enhancing their services, offering amenities such as ski equipment rentals, meal delivery, and wellness services like massages and hot springs [3] - The concept of "ski-in/ski-out" accommodations is gaining traction, with bookings for these types of lodgings increasing by 150% [3]

Core Viewpoint - Tencent Holdings reported a strong performance in Q3, with revenue reaching RMB 192.87 billion, a year-on-year increase of 15%, and operating profit (Non-IFRS) of RMB 72.57 billion, up 18% year-on-year, indicating stable growth momentum compared to Q2 [1][2][10]. Revenue Breakdown - Marketing services revenue grew by 21% year-on-year to RMB 36.24 billion, accounting for 19% of total revenue [2][5]. - The To B segment (financial technology and enterprise services) saw a 10% year-on-year increase in revenue to RMB 58.17 billion, representing 30% of total revenue [2][4]. - The value-added services segment, primarily driven by gaming, reported a 16% year-on-year increase in revenue to RMB 95.86 billion, making up 50% of total revenue [4][7]. Gaming Performance - Total revenue from online games reached RMB 63.6 billion, with international game revenue surpassing RMB 20.8 billion, a 43% year-on-year increase [6][7]. - Domestic game revenue was RMB 42.8 billion, reflecting a 15% year-on-year growth, supported by new game releases and ongoing success of established titles [7]. AI and Technology Investments - Tencent's capital expenditure for Q3 was RMB 12.98 billion, down from RMB 17.09 billion in the same period last year, while R&D spending reached a record high of RMB 22.8 billion, up 28% year-on-year [10][11]. - The company emphasized that its GPU resources are sufficient, and it is focused on enhancing its AI model, "Mix Yuan," to improve performance and user engagement [9][12]. Future Outlook - Tencent's management expressed satisfaction with the current progress in AI and team development, indicating plans for further enhancements in infrastructure and talent acquisition [10][12].

Core Viewpoint - The opening of the first overseas store of Ma Liu Ji Spicy Noodles in Los Angeles has been marred by multiple consumer complaints regarding food safety issues, leading to a forced suspension of operations [1][2]. Group 1: Food Safety Issues - The Los Angeles Public Health Department is investigating the restaurant for food safety violations, including a failure to maintain the required refrigeration temperature of 41°F (approximately 5°C) [2]. - The restaurant was ordered to close due to imminent health risks associated with unsafe food temperatures, and a closure notice was posted for public awareness [2]. - Consumers reported symptoms such as nausea, dizziness, and vomiting after dining at the restaurant, prompting some to file complaints with the health department [2]. Group 2: Company Response - The restaurant's official account expressed regret over the complaints and stated that they have completed repairs on the refrigeration equipment and are cooperating with the health department for a re-inspection [3]. - The restaurant offered goodwill refunds to all customers who dined between November 1 and November 3, although some consumers found the term "goodwill refund" inappropriate [4]. - Feedback from consumers indicates that while some have received refunds, others have not communicated with the restaurant and have not received any compensation [5]. Group 3: Company Background - Ma Liu Ji was founded by Wang Xiaofei in Beijing in 2020 and operates multiple business lines, with its core product being Ma Liu Ji Spicy Noodles [6]. - As of October 18, 2023, there are 41 Ma Liu Ji restaurants and 119 Ma Liu Ji Spicy Noodles outlets across China [6]. - The Los Angeles store marks the first physical overseas expansion for the Ma Liu Ji brand, which had previously sold products online internationally [6]. Group 4: Previous Incidents - In July, there were complaints from consumers about moldy Ma Liu Ji Spicy Noodles sold at Costco, leading to the removal of all related products from the store [8]. - The contract manufacturer, Sichuan Baijia Akwan Food Industry Co., Ltd., issued an apology for quality issues in two batches of products, citing insufficient disinfection during production [8]. - Ma Liu Ji acknowledged the problems and initiated a recall process while actively communicating with affected consumers to ensure their rights are protected [8].

11月12日，东莞市凯格精机股份有限公司 （凯格精机 ）发布公告称，公司收到总经理邓迪的通知， 因涉嫌危险驾驶， 邓迪可能判处管制、拘役或者独立 适用附加刑，根据《中华人民共和国刑事诉讼法》，东莞市公安局决定对其取保候审，邓迪目前可正常履职。 凯格精机表示，公司及邓迪就此事带来的不良影响，向广大投资者致以诚挚的歉意。目前，公司生产经营情况正常，各项工作有序开展。 邓迪。图源：凯格精机 值得一提的是，今年10月，凯格精机还因违规使用IPO募集资金收到监管措施决定书。早前，凯格精机收到广东证监局下发的相关决定，公司存在违规行 为，被证监会责令改正，并出具警示函。根据公告，凯格精机IPO募资违规用于发放工资，共涉及金额合计约3214万元，该公司被监管追责，董事长等4 人被警示。 凯格精机成立于2005年，是一家专注于高端精密自动化装备的研发、生产、销售及工艺方案的提供商。该公司产品主要涵盖表面贴装技术（SMT）及系 统级封装（SIP）两大领域，产品包含锡膏印刷设备、点胶设备、封装设备和柔性自动化设备，广泛应用于消费电子、网络通信、高端显示、照明应用、 新能源、航天军工以及半导体等多个行业。公司于2022年8月在深交 ...

11月12日，港股耀才证券股价开盘后快速下冲，最大跌幅超过13%。随后交易时间段，公司股价开始抬升，于收盘后录得跌幅 5.28%。 耀才证券的这场股价震荡与蚂蚁集团的收购案相关。据悉，按照双方原定收购协议，交易截止日期是2025年的11月25日，但协议的 剩余完成条件可能于最终截止日期或之前未能达成，要约人正考虑可能延长最终截止日期。 收购案起"波折" 蚂蚁集团对于耀才证券的收购案进展并没有预期的顺利。 早在4月25日，耀才证券就发布公告称，上海云进通过旗下子公司蚂蚁财富，以每股3.28港元的价格向耀才证券发起要约收购，交易 股份约为8.58亿股，占已发行股份总数的约50.55%，价格合计28.14亿港元。倘若上述交易成功，耀才证券将成功易主，投入蚂蚁集 团麾下。 10月10日晚间，上述收购案进一步推进。耀才证券发布公告称，蚂蚁集团收购耀才证券的事项已经获香港证监会批准。目前，还需 国家发展改革委审批后落定。 彼时，港股耀才证券金融（HK.01428）曾因此消息实现了一波34.52%的大幅上涨。 11月11日晚，上述收购案出现波折。耀才证券发布消息称，收购要约人蚂蚁集团方面正考虑可能延长交易的最后截止日期。 ...

近日，有网友发布视频称，一辆奇瑞汽车在湖南张家界天门山景区攀爬天梯时，从台阶上下滑撞断部分 护栏。11月13日，南都记者获悉，奇瑞就此事发布致歉声明称，风云X3L在天门山景区进行极限挑战测 试时，因突发意外导致测试中断。奇瑞承诺将全力修复并承担赔偿责任，做好所有善后工作。 天门山景区成为车企测试场并非首次。2018年，路虎某车型穿过99道弯、攀爬999级台阶，以9分51秒的 成绩打破天门山"99道弯"纪录，并成为全球首款攀爬中国天门山天梯的车型。 把测试视为制造噱头的好机会，以流量为王，奇瑞显然不是孤例。前不久，某车企拿家用汽车与卡车对 撞就引发了轩然大波。 执着地要到景区秀极限性能，背后反映的正是当下车圈过度营销的乱象。 近年来，汽车行业的营销乱象让消费者啧有烦言，"重营销、轻履约"成为不少车企的通病。更有甚者， 通过虚构订单数据、雇佣账号恶意抹黑竞品、炒作虚假事故话题等方式博眼球，将行业竞争拖入低水平 内耗。这些乱象的本质，是部分车企放弃了对产品质量和技术创新的深耕，转而信奉"流量即销量"的短 视逻辑。 数据显示，近年来汽车行业因营销与实际不符引发的投诉持续攀升，既损害了消费者权益，也透支了行 业信任。 ...

开栏语：珠江潮起，湾区奔涌。当粤港澳大湾区从宏伟蓝图加速照进现实，这片热土已成为无数创业梦 想拔节生长的首选之地和理想之城。刚刚圆满落幕的2025年粤港澳大湾区创业大赛，不仅是一场高手云 集、精彩纷呈的竞技，更是一次创新力量与未来产业的集中巡礼。 在本届粤港澳大湾区创业大赛上，广东汇芯半导体有限公司凭借原创性功率半导体技术摘得银奖。这家 成立仅五年的年轻企业，正在以极快的速度崛起。"无论是否获奖、获得何奖，只要真心实意地坚持在 曾经创造过无数经济奇迹的大湾区埋头苦干、拼命硬干、为民请命、舍身求法，我们终会成为中国的脊 梁！"公司创始人冯宇翔说。 冲出旧路：做中国原创的功率芯片 "我从清华大学毕业到现在，一直在功率半导体行业工作，这个行业关乎国家能源安全和产业升级，是 实现节能减排和碳中和的重要技术。"冯宇翔告诉记者，在创业之前，他先后在日本三菱电机、佛山美 的集团（000333）等企业任职。他深知功率半导体的复杂与价值，也清楚中国企业在这一领域长期受制 于国外的现实。"无论是任何半导体品类，集成化、小型化都是其技术发展趋势。在外企，我们只能在 既定架构下做设计；在国内，又容易陷入模仿路径。无论在哪里，我都觉得 ...

11月12日，东莞市住建局官网发布《2025年10月东莞市商品住宅网上签约销售情况》。数据显示，10月 东莞地面建筑层数超过4层的新建商品住宅（下称"洋房"）网签均价20889元/平方米，网签1497套。在 二手房方面，东莞二手住宅网签均价14466元/平方米，网签2917套。值得一提的是，无论是洋房还是二 手房，环比均出现量价齐升。尤其是在成交量方面，环比均出现大幅上涨。 中原地产研究院还分析称，10月东莞二手住宅成交量大涨，成交量创近8年同期新高，环比上涨24%， 同比上涨21%。其认为，东莞二手住宅成交量基数大，10月成交量增长十分明显，而且二手住宅成交表 现持续好于一手住宅。中原地产研究院认为，东莞二手房挂牌量持续保持高位，加上中心城区二手房抛 售严重，一定程度上助推了二手房市场回升。 在二手房方面，东莞仅3个镇街（园区）网签均价为"2字头"。其中，松山湖二手房网签均价23266元/平 方米，排名第一。紧随其后的，是南城街道21073元/平方米，以及长安镇20516元/平方米。 记者还注意到，10月东莞二手房网签量环比出现大幅上升，8个镇街（园区）网签量过百套。其中，南 城二手房网签536套，排名首位 ...