本批次住房为政府与购房人各占50%产权份额的共有产权住房，实行封闭流转，购房人自合同签订之日 起5年内不得转让产权份额，满5年后可转让给符合条件的对象，转让须经宝安区住房和建设局审核备 案，并办理相关登记手续。 【深圳商报讯】（记者李丹）8月11日，宝安区住房和建设局发布通告，悦章凤凰里共有产权住房剩余 房源8月12日起接受认购申请，申购截止时间为8月15日18时。 本批次共有37套房源，其中建筑面积约67至69平方米的两房户型30套，约89平方米的三房户型7套，配 售均价为20690元/平方米（按建筑面积计算总价，不含装修）。悦章凤凰里项目位于宝安区福海街道大 洋路与塘新路交汇处南侧，毗邻立新湖公园。 （文章来源：深圳商报） ...

Core Viewpoint - The "i Shenfang" platform launched by the Shenzhen Housing Provident Fund Center provides a comprehensive online service for home buyers, integrating property listings, policy information, and housing fund services, enhancing the home buying experience in Shenzhen [1][2][3]. Group 1: Platform Features - The platform allows citizens to view properties, access real estate policy information, and enjoy a full range of housing transaction services from their mobile devices [1]. - Over 40 well-known real estate developers, including China Resources Group and China Overseas Property, have listed 55 first-hand property projects on the platform [2]. - The "i Shenfang" platform features a "tag-based" house viewing function, enabling users to filter properties based on location, budget, area, layout, and other preferences [1][2]. Group 2: Transaction Process - The platform facilitates the entire home buying process, allowing users to complete the signing of contracts and other necessary documentation online [2]. - For purchasing existing properties, users can handle transactions, tax payments, and property registration through a single online portal, minimizing the need for in-person visits [2]. Group 3: Additional Services - The platform includes tools for policy inquiries, housing fund services, and a mortgage calculator, providing users with easy access to official information and services [3]. - The integration of internet platforms with government data aims to promote digitalization in the real estate sector, making the home buying process more convenient and transparent [3].

Core Viewpoint - The decline in dividend yields of bank stocks raises questions about their continued attractiveness for investors, despite rising stock prices [1][2]. Group 1: Dividend Yields - Many investors are attracted to bank stocks due to their high dividend yields, which have significantly decreased this year [1]. - As of August 12, among 42 bank stocks in A-shares, only Huaxia Bank has a dividend yield above 5% at 5.04%, while others are below 5% [1]. - Major state-owned banks like Bank of Communications, China Construction Bank, and Industrial and Commercial Bank of China have dividend yields below 4.2%, with Agricultural Bank of China at 3.53% [1]. Group 2: Valuation and Investment Outlook - Despite the rise in bank stock prices, they are still considered undervalued, with the Shenwan Bank Index's price-to-book ratio at 0.62, suggesting potential for valuation recovery to 1 [2]. - Analysts believe that the bank sector still has significant room for capital allocation and that absolute return trends will continue [2]. - Investment in bank stocks is viewed as stable, with recommendations for investors to diversify into higher-growth sectors to enhance portfolio aggressiveness [2].

Core Insights - In the first half of 2025, the company achieved a revenue of 3.19 billion yuan and a net profit attributable to shareholders of 850 million yuan, representing a year-on-year growth of 68.5% [2] Group 1: Financial Performance - The company's online reading business saw a steady growth, with online business revenue increasing by 2.3% to 1.99 billion yuan [2] - The total gross merchandise value (GMV) of the IP derivative business reached 480 million yuan, nearing the total for the previous year, indicating significant development [2] Group 2: IP Ecosystem and New Business Ventures - The company's IP ecosystem demonstrated strong growth resilience, with several successful adaptations of premium IPs into films and series, including titles like "Ninefold Purple" and "The Great Duty of the Night Watchman" [2] - The company added 410,000 new novels to its online reading platform, with a total of approximately 20 billion new words added during the reporting period [2] - The short drama success rate significantly improved, showcasing the company's ability to innovate and expand into new business areas [2]

Core Insights - McDonald's has launched drone delivery services in 10 parks in Shenzhen, addressing user pain points related to slow delivery times and inconvenient pickup paths, thereby creating a new consumption experience with "minute-level reach" for takeout [2] - The drone delivery routes are strategically located in the core areas of the parks, with significant efficiency improvements noted; for example, delivery via drone takes only 4 minutes compared to 20 minutes for traditional road delivery, representing a nearly 300% increase in efficiency [2] - During the recent "May Day" holiday, the order volume for drone delivery in park scenic areas surged by 74% year-on-year, indicating strong demand and growth potential for this service [2] Industry Trends - Drone delivery is particularly popular among families, with 60% of orders in park scenarios being for family consumption, suggesting that this service can help businesses attract new customer segments [3] - Since its inception in 2017, Meituan has expanded its drone delivery service to 64 routes across multiple cities, completing over 600,000 orders and partnering with more than 700 brands, offering users a selection of over 110,000 products [3]

【深圳商报讯】（记者陈姝）8月12日，自动驾驶公司小马智行披露未经审计的2025年第二季度财报显 示，小马智行Robotaxi车辆总数已突破500辆，预期年底超1000辆；公司二季度总营收达1.54亿元人民币 （2150万美元），同比增长75.9%，环比增长53.5%，其中Robotaxi乘客车费收入同比激增超3倍。 该公司自6月起与北汽、广汽的合作启动第七代Robotaxi量产，已完成产能爬坡并进入稳态生产，在两 个月内生产超200辆Robotaxi车辆。此前，小马智行宣布第七代Robotaxi采用100%车规级零部件，自动 驾驶套件成本较前代大幅下降70%，拥有10年/60万公里的设计寿命，这些重大突破是其今年加大一线 城市Robotaxi部署、提速商业化的基础。 （文章来源：深圳商报） 小马智行二季度Robotaxi业务收入达1090万元人民币（150万美元），同比增长157.8%，其中来自乘客 端的车费收入实现同比增长超过300%。财报分析，这一增长得益于用户覆盖范围扩大、一线城市用户 需求攀升，以及Robotaxi运营车辆规模增长。目前小马智行是国内唯一在北京、上海、广州、深圳开展 全无人Robot ...

Core Viewpoint - The banking sector in China has shown strong performance in 2023, with several banks, particularly Agricultural Bank, reaching historical highs in stock prices and market capitalization [2][3][4]. Group 1: Stock Performance - Agricultural Bank's stock rose by 1.63% on August 12, 2023, reaching a new historical high, with a year-to-date increase of 34.04% [2]. - As of August 12, 2023, Agricultural Bank's A-share market capitalization reached 2.19 trillion yuan, surpassing Industrial Bank to become the largest in A-share market capitalization [2]. - A total of 42 A-share listed banks have experienced stock price increases this year, with 31 banks rising over 10% and 14 banks over 20% [2]. Group 2: Market Dynamics - The rise in bank stock prices is attributed to a market reassessment of their "low valuation + high dividend" value, alongside expectations of increased profitability and asset improvement [3]. - The banking sector benefits from a favorable environment of loose monetary policy and steady economic recovery, with a dividend yield of 3.90% and a low price-to-book ratio of 0.62, making it attractive for long-term institutional investments [3]. - The demand for credit is expected to expand, leading to a recovery in net interest margins and a decrease in non-performing loan ratios, further enhancing the positive outlook for banks [4]. Group 3: Institutional Investment - The increase in bank stock prices is driven by stable bank earnings, continuous accumulation of bank stocks by large institutional investors, and ongoing allocations by public funds [4]. - Recent performance reports from several banks have shown strong results, contributing to the positive sentiment in the banking sector [4].

Group 1 - The main contract for lithium carbonate in domestic commodity futures continued to rise, with a 2% increase on August 12, accumulating over 10% in two days [2] - On August 11, CATL announced the suspension of mining operations at its project in Yichun, Jiangxi, after the mining license expired on August 9, leading to a surge in lithium mining stocks [2] - CITIC Futures indicated that the suspension of the mine could create a supply gap of several thousand tons in a single month, given the tight supply-demand balance for lithium carbonate in Q3 [2] Group 2 - The suspension of the Jiangxi lithium mine signifies a notable risk of supply contraction for lithium carbonate, which is expected to drive prices higher in the new energy metals sector [2] - On August 12, shares of several leading companies in the lithium mining sector experienced varying degrees of decline, with CATL's stock dropping by 0.16% by the end of the trading day [2]

【深圳商报讯】（记者钟国斌）8月12日，寒武纪放量涨停，股价重回800元/股大关。截至收盘，寒武 纪报848.88元/股，创历史新高，涨幅为20.00%，成交额151.3亿元，位居A股榜首，总市值3551.29亿 元。今年以来，寒武纪股价涨幅29.01%。 今年2月25日，寒武纪股价盘中突破800元大关，总市值超3400亿元，成为A股市场仅次于贵州茅台的第 二高价股。 回顾寒武纪本轮上涨行情：2023年1月3日，寒武纪股价最低仅为54.15元/股，此后连续3年时间持续上 涨。2023年大涨147.36%，2024年大涨387.55%。 今年1月11日，寒武纪股价一度冲上777.77元/股的高点，随后进行了一个多月的回调；2月25日，随着 AI热度狂飙，寒武纪股价创出818.87元/股，近3年累计涨幅超过14.68倍。 2025年一季报显示，寒武纪营业收入为11.11亿元，上年同期仅为0.26亿元，同比增长4230.22%；归母 净利润为3.55亿元，上年同期为-2.27亿元，成功实现扭亏为盈。 （文章来源：深圳商报） ...

Group 1 - The real estate sector in Shenzhen has seen a significant rise, with local companies like Shenwuye A, Shahe Co., and Shen Zhenye A hitting the daily limit up. Shen Shenfang A increased by over 5%, and Hualian Holdings rose by over 4% [1] - In August, stocks such as Shenwuye A, Shen Zhenye A, and Shen Shenfang A have experienced gains exceeding 20% [1] - Recent policy changes have positively impacted the real estate market, leading to increased activity and favorable conditions for buyers [1] Group 2 - In the first half of the year, Shenzhen's second-hand housing market maintained a healthy performance with an average monthly transaction volume exceeding 5,000 units [2]