Core Insights - The Digital Renminbi International Operation Center's business platform was officially launched in Shanghai, marking a significant step in enhancing cross-border digital payment capabilities [1][3] - The People's Bank of China emphasizes the necessity of upgrading the currency and payment systems in the digital era, aiming to provide innovative solutions for global cross-border payment systems [1] - The establishment of the business platform aligns with Shanghai's goal of becoming an international financial center, enhancing the internationalization of the Renminbi [3] Group 1 - The Digital Renminbi International Operation Center is responsible for building and operating cross-border and blockchain infrastructure for the digital renminbi [4] - The center aims to promote cross-border connectivity with domestic and foreign financial infrastructures, facilitating the international operation of the digital renminbi [4] - The launch of the business platform is seen as a concrete measure to facilitate cross-border payments and enhance the efficiency of regulatory processes [1][3] Group 2 - The People's Bank of China has established three principles for the cross-border infrastructure of legal digital currencies: "no loss, compliance, and interoperability" [1] - The center will continue to support the digital renminbi's international operation, providing robust assistance for cross-border trade and investment facilitation [1] - Shanghai's relevant departments are encouraged to leverage the business platform to expand the application scenarios and usage of the digital renminbi [3]

Core Viewpoint - The implementation of the "Housing Rental Regulations" marks a significant step from concept to institutional practice regarding "equal rights for renting and purchasing" in China's housing market [2][22]. Group 1: Overview of the Housing Rental Regulations - The "Housing Rental Regulations," effective from September 15, 2025, consists of 7 chapters and 50 articles, establishing a comprehensive regulatory framework for the rental market [2]. - The regulations aim to address key issues in the rental market, including prohibiting the separate rental of kitchens and balconies, enforcing deposit refund rules, and mandating verification of housing sources [2][4]. Group 2: Impact on Landlords - The new regulations impose mandatory standards for rental properties, such as prohibiting the separate rental of non-residential spaces like kitchens and balconies, which may reduce the number of available rental units [7][9]. - The regulations introduce a "government-guided price" for rent increases, which could lead to long-term impacts on the supply of rental housing [10]. - Landlords are required to sign rental contracts under real names and register them with property management departments, potentially increasing their compliance costs and concerns about tax implications [8][10]. Group 3: Impact on Tenants - Tenants' rights to privacy and security are legally protected, preventing landlords from entering rental properties without consent [16][22]. - Tenants can enjoy local public services by registering their rental contracts, which supports the concept of "equal rights for renting and purchasing" [17][22]. - The regulations may not lead to immediate economic benefits for tenants, as the reduction in available rental units and increased landlord costs could drive up rental prices in the future [11][22]. Group 4: Broader Implications - The regulations could pave the way for reforms in household registration and social welfare systems, creating a framework for "equal rights for renting and purchasing" [2][22]. - The trend of long-term renting is expected to grow, with predictions indicating that over 260 million people in China may choose to rent in the future [21][22].

Core Viewpoint - ST Qibu (603557.SH) has been involved in a series of legal issues related to fraudulent activities, including securities fraud and financial misrepresentation, leading to significant penalties and ongoing financial struggles [1][2][3][4][5][6]. Group 1: Legal Issues and Penalties - The company and several former executives have been charged with securities fraud, including the former chairman and other key management personnel [2][4]. - A first-instance judgment has resulted in a fine of 10 million RMB for ST Qibu, with the company having already paid 2.1 million RMB of a previous 52 million RMB penalty imposed by the China Securities Regulatory Commission (CSRC) [3][6]. - The CSRC's investigation revealed that from 2018 to mid-2020, ST Qibu inflated its revenue by 360 million RMB and profits by 129 million RMB through fraudulent practices [5][6]. Group 2: Financial Performance - ST Qibu has reported continuous financial losses over the past five years, with a cumulative net loss of 1.762 billion RMB [9][10]. - In the first half of the current year, the company recorded a revenue of 85.84 million RMB, a year-on-year decrease of 33.53%, and a net loss of 37.14 million RMB, down 20.13% from the previous year [10]. - The decline in revenue is attributed to a slowdown in industry growth and intensified competition in the children's apparel and footwear market, leading to reduced sales from both offline distributors and online channels [10].

凤凰网科技讯 9月25日，有消息称字节跳动准备在中国香港上市。抖音集团副总裁李亮发文回应称：一 大早就有朋友问，不排除有人想炒作"字节概念股"而故意放的假消息。请大家不要信谣传谣，市场很多 所谓"字节概念股"的信息不实，请大家谨慎投资。 ...

Core Insights - Chasing Technology announced the launch of two new sports health smart hardware products by the end of September, including a smart body fat scale and bone conduction sports headphones [1] Product Details - The smart body fat scale features a dual-layer ITO electrode design and eight-electrode full-body impedance analysis, claiming a correlation of 0.97 with DEXA equipment [1] - The scale includes a 3.5-inch TFT color screen for displaying core body data and supports detection of up to 56 body metrics with multi-user data management [1] - The bone conduction headphones are designed for "all-scenario sports adaptation," suitable for running, swimming, and cycling, with an IP68 waterproof rating and dual-mode playback (Bluetooth and MP3), boasting a battery life of 15 hours [1] Future Plans - Chasing Technology aims to leverage sensor technology, AI algorithms, and global channels to continuously expand its line of sports health smart products, promoting the application of technology in healthy living [1]

2025年9月23日至24日，"新格局新路径——凤凰湾区财经论坛2025"在广州成功举办。论坛汇聚政府官员、各国驻广州总领事、商界领袖和财经领域专家学 者等，共同洞察变局脉络、探寻发展新机遇。活动由凤凰卫视、凤凰网主办，并由中国上市公司协会提供指导支持，广州医药集团有限公司为战略合作伙 伴，华润雪花啤酒超高端品牌"醴"为尊享合作伙伴。 嘉宾大合照 本届论坛包括9月23日的"2025凤凰之星上市公司评选"颁奖典礼以及于9月24日举行的开幕仪式和6场围绕全球经贸、企业全球化、数字经济、人工智能等主 题开展的演讲、对话。 凤凰卫视董事局主席兼行政总裁徐威致开幕词时表示，广州素有"千年商都"的美誉，始终是中国连接世界的重要枢纽。"在当前危机并存、变局交织的时代 背景下，在此举办论坛，正是为了开拓新格局、探索新路径，在多种可能中锚定方向，于多元声音中凝聚共识。"他强调，凤凰卫视以传播中华文化、促进 国际交流为使命，"我们不仅是现场的记录者、故事的讲述者，更是文化的桥梁、合作的信使、前行的同路人。我们愿意与各位合作，以论坛为起点，让沟 通持续发生、让共识照亮前路。" 凤凰卫视董事局主席兼行政总裁徐威致辞 当前，全球经贸格 ...

Market Overview - The market experienced a rebound, with the ChiNext Index rising over 2% and reaching a new three-year high [1] - The total trading volume in the Shanghai and Shenzhen markets was 2.37 trillion, an increase of 443 billion compared to the previous trading day [1] - At the close, the Shanghai Composite Index fell by 0.01%, while the Shenzhen Component Index rose by 0.67%, and the ChiNext Index increased by 1.58% [1] Sector Performance - The speed of sector rotation accelerated, with multiple stocks hitting new highs during the session [1] - The AI sector continued to perform strongly, with stocks such as Inspur Information, Cambridge Technology, and Huagong Technology reaching their historical highs [1] - The energy storage sector also saw significant gains, with Sunshine Power and CATL achieving new historical highs [1] - The semiconductor industry chain was notably active, with Zhangjiang Hi-Tech, Tongfu Microelectronics, and Kaimetech all hitting new historical highs [1] Declining Sectors - The port and shipping sector experienced a collective decline, with Nanjing Port dropping over 9% at one point [1] - Sectors such as gaming, AI applications, and controllable nuclear fusion saw the largest gains, while the port and shipping, precious metals, and oil and gas sectors faced the largest declines [1]

此外，滴滴租车预订量同比增长148%，其中70%为异地租车订单，"大交通+落地租"成为主流模式。跨 境出行方面，上海、深圳、北京位列入境用户青睐城市前三位，新加坡、首尔、曼谷等境外城市也将迎 来中国游客打车高峰。 为应对出行高峰，滴滴在全国超100个机场、火车站设置网约车引导员，并投入超4亿元用于司机补贴。 凤凰网科技讯 9月25日，滴滴出行发布国庆中秋假期出行预测报告，预计自9月26日起全国打车需求将 显著上升，9月30日达到峰值，当天晚高峰将提前至15时30分出现，预约用车需求较平日翻倍。 报告显示，假期异地打车需求预计环比上涨51%，重庆、贵阳、西安、厦门、南京等城市为出行热门目 的地。中秋节（10月6日）将形成假期第二波出行高峰，专车及豪华车需求预计分别上涨83%和47%。 ...

Group 1 - AVATR officially announced the rollout of AVATR OS 4.7.0, which includes upgrades to Huawei's QianKun ADS 4 and HarmonySpace 5 for all vehicle models [1] - The upgrade allows users of range-extended models to view fuel and pure electric total mileage through a mobile app [1] - New features include parking payment, misgear alert reminders, remote parking assistance with one-click parking out, and support for vehicles to drive from the current parking space to the target space using intelligent assisted driving [1]

凤凰网科技讯 北京时间9月25日，据《金融时报》报道，苹果公司已要求欧盟废除其具有里程碑意义的 大型科技公司监管立法，标志着美国科技巨头对抗欧洲监管的行动升级。 该立法名为《数字市场法》(DMA)，在2022年生效，旨在遏制大型科技公司的影响力，为规模较小的竞 争对手提供公平的竞争环境。不遵守该法律规定的公司最高可被处以全球营收10%的罚款。 苹果此时呼吁废除该法，正值美国和欧洲之间的关系因《数字市场法》等欧盟数字法规变得紧张之际。 美国总统特朗普威胁称，将提高关税惩罚那些"歧视"美国公司的国家。Meta CEO马克·扎克伯格(Mark Zuckerberg)则亲自游说特朗普，反对《数字市场法》。 "《数字市场法》应当被废除，并以一个更符合立法目标的替代方案取而代之。"苹果在欧盟例行性对 《数字市场法》征求意见时回应称。 苹果已表示，欧盟的数字法规增加了公司在欧洲的经营难度，并损害了消费者的使用体验。(作者/箫雨) 今年4月，欧盟在经过调查后对苹果处以5亿欧元罚款。欧盟的调查是为了确认苹果规则是否阻止应用开 发者将消费者引导至苹果生态系统之外的更低价产品和服务。 ...