2026.02.13 同时，上市公司通过修订公司章程，制定中长期分红规划，优化中期分红审议程序，进一步增强分红的 透明度与可预期性，给予投资者稳定的分红预期。2025年，深市有533家公司披露中期分红方案，同比 增加7.24%。 本文字数：1475，阅读时长大约3分钟 作者 | 第一财经 安卓 春节前夕"红包"扎堆落地。新"国九条"发布以来，上市公司持续提高分红水平，一年多次分红已成常 态。春节临近，一批上市公司按计划派发现金红包，据第一财经不完全记者统计，仅深市自2025年12月 以来，就有近120家深市公司实施利润分配，累计分红超375亿元。 回顾2025年全年，深市公司累计发放现金股利5475.59亿元，连续两年突破五千亿。"十四五"期间深市 公司实施分红总额超2万亿元，上市公司"愿分红、常分红"的生态逐步形成。 业绩的持续向好是上市公司派发"红包雨"的底气。Wind数据显示：截至1月31日，深市2866家公司中 1714家预披露2025年经营业绩，占深市公司家数59.39%，市值占比48.48%，其中，近六成业绩改善， 预披露业绩公司合计实现净利润820.09亿元，较去年同比增加1556.70亿元。深 ...

2025年由第一财经、上海市融资租赁行业协会和上海交易集团联合打造的"融资租赁产融讲坛"系列公益 活动，获得业内关注和租赁机构积极参与，全年围绕跨境租赁、资产证券化、生物医药、文旅产融租 赁、低空与航空租赁、科创租赁认股权等主题，尝试助力融资租赁公司破解业务痛点、难点，促进产融 对接，也为全国融资租赁公司与产业方提供了深度交流平台，切实推动租赁业高质量发展的业务探索。 详情及合作咨询 CONTACT INFORMATION 首场讲坛启动 聚焦地缘变局下的航运业（船舶资产）风险与机遇 2月5日，"融资租赁产融讲坛"特邀全球历史最悠久、最具影响力的海事航运资讯机构——Lloyd's List Intelligence，在上海举办《全球变局之下的航运企业应对之策》专题闭门沙龙，围绕全球海域地缘政治 冲突升级对航运贸易链的冲击展开深入探讨，并从船舶运营风险识别持续深入，全球海事领域权威媒体 《劳氏日报》主编沈慈晨深入解读国际制裁政策要点，为航运企业合规经营提供权威指引。洲际船务发 展（新加坡）有限公司副总经理张骏从实务角度分析航运业务风险与机遇，分享了一线操作经验。上海 四维乐马律师事务所李迎春律师，以第三方视角剖析 ...

Core Insights - The article discusses the innovative approach to the renovation of a nearly 50-year-old residential building in Beijing, emphasizing the use of smart construction technology to achieve rapid and high-quality results [1][5]. Group 1: Project Overview - The renovation project of Building 28 in Xicheng District, Beijing, is the first pilot project for dangerous building reconstruction, utilizing a "from demolition to reconstruction" method to transform living conditions [2][6]. - The building, constructed in 1978, faced significant structural issues, including wall cracks and outdated infrastructure, prompting strong resident demand for renovation [2][3]. - The project commenced on September 5, 2025, and completed the main structure in just 46 days, allowing residents to move back into their new homes within six months [2][5]. Group 2: Innovative Construction Techniques - The project employed the "smart construction-MiC technology," which integrates industrialized building methods to enhance speed, efficiency, and sustainability [5][6]. - This technology allows for 90% of construction processes to be completed in a factory setting, significantly reducing on-site waste and carbon emissions [5][6]. - Each module of the building is assigned a unique digital identity code, facilitating future maintenance and management [5]. Group 3: Financial and Regulatory Innovations - A multi-party cost-sharing model was introduced, where residents, the government, and property units share the financial burden, making the project more affordable for residents [3][6]. - The project streamlined the approval process, achieving a 90% reduction in the time required for necessary permits and documentation [3][6]. - The initiative aligns with national policies promoting urban renewal and the transformation of old housing, indicating a shift towards more efficient urban development strategies [7][8]. Group 4: Broader Implications for Urban Development - The project serves as a model for similar urban renewal efforts across major Chinese cities, highlighting the potential for replicable solutions in high-density urban areas [6][8]. - Experts predict that the "from demolition to reconstruction" model will become a mainstream approach for old housing renovations, potentially accounting for 30%-40% of total renovation projects by 2030 [8].

09:27 算力租赁板块局部再度活跃，大位科技5连板，人民网、首都在线、网宿科技、品高股份、宁夏 建材跟涨。 09:26 港股黄金股走低，紫金矿业跌6%，山东黄金跌3.12%、招金矿业跌3.21%。消息方面，国际金价 昨日再度失守5000美元，目前处于4965.10美元附近。 09:25 A股开盘丨三大指数集体低开 盘面上，黄金、基本金属、油气板块跌幅靠前，光伏、CPO、深海科技、半导体题材走弱。大消费概念 股走强。 09:21 港股开盘丨恒生指数低开1.45% 恒生指数低开1.45%，恒生科技指数跌1.59%。科网股全线走低，腾讯音乐跌逾6%，紫金矿业、百度集 团、哔哩哔哩跌逾3%。 | Hટા | 恒生指数 | mm | 26640.16c | -392.38 | -1.45% | | --- | --- | --- | --- | --- | --- | | HSTECH | 恒生科技 | hurton | 5323.14c | -85.84 | -1.59% | 新股海致科技集团上市首日涨逾200%。 | | 82.300 +55.240 +204.14% | 73.072(CNY) | | | 海致 ...

Market Overview - The Hang Seng Index opened down by 1.45%, closing at 26,640.16, a decrease of 392.38 points [2] - The Hang Seng Tech Index fell by 1.59%, reaching 5,323.14 [2] - The Hang Seng China Enterprises Index decreased by 1.23%, closing at 9,062.56 [2] - The Hang Seng Composite Index dropped by 1.42%, ending at 4,085.53 [2] Major Stock Movements - Major tech stocks experienced declines, with Tencent Music down over 6% at 60.65, and Bilibili and Baidu Group both down over 3% [2][3] - Alibaba, Ctrip Group, and Kuaishou fell by more than 2% [2] - Tencent Holdings, NetEase, and Kingsoft also saw declines [2] Notable Gainers - Stocks related to large model concepts saw gains, with Zhiyun up by 4.98% at 422.00, and MINIMAX-WP rising by over 2% [4] - Other notable gainers included iFlytek Medical Technology and Fubo Group, both showing positive movement [4] New Listings - Haizhi Technology Group saw a significant increase on its first trading day, opening with a rise of over 200% [5][6] - The stock opened at 82.30, with a market capitalization of 33 billion [6]

Group 1 - The China Securities Regulatory Commission (CSRC) updated the IPO guidance progress information for Zhipu Company [1] - Zhipu has withdrawn its previous IPO guidance filing submitted in April 2025 and has completed a new guidance registration [2] - The new registration indicates that Zhipu plans to publicly issue shares and list on the Science and Technology Innovation Board of the Shanghai Stock Exchange, with a change in IPO guidance institutions to Guotai Junan Securities and China International Capital Corporation [2] Group 2 - The guidance agreement was signed on February 9, 2026, with Guotai Junan Securities and China International Capital Corporation as the guidance institutions [3] - The legal advisory firm involved is Beijing Tianyuan Law Firm [3] - The accounting firm engaged is Rongcheng Accounting Firm (Special General Partnership) [3]

2026.02.13 本文字数：2857，阅读时长大约4分钟 来源 | 每日经济新闻综合自长和官网、公开资料等 2月12日，李嘉诚旗下长和在官网发布关于巴拿马港口争议最新情况。 长江和记实业有限公司（下称"长江和记"）宣布，已根据投资保护条约，就争议事项通知巴拿马共和 国，以保障长江和记的权益，并邀请巴拿马共和国进行磋商，就巴拿马政府所采取、并影响长江和记及 巴拿马港口公司的行动，持续积极寻求解决方案。巴拿马港口公司为长江和记间接持有之附属公司。 长江和记此举乃基于巴拿马共和国采取的连串行动，其中包括巴拿马司法部于2026年1月29日公布，巴 拿马最高法院宣告1997年1月16日第5号法律（"第5号法律"）违宪之决定。 第5号法律为巴拿马港口公司近30年来于巴拿马营运巴尔博亚港和克里斯托瓦尔港的特许经营合约之法 律基础。长江和记认为，裁决第5号法律违宪，属不合法。尽管该裁决尚未正式发布或生效，巴拿马政 府却已步步进迫采取行动，不但意图迫使巴拿马港口公司退出其港口营运，并且强制接管港口的过渡措 施，而从末清晰交代其营运计划。 除长江和记根据投资保护条约发出争议通知，以及如长江和记于2026年2月4日公布的自愿公 ...

现货黄金低开，失守4890美元/盎司，日内跌幅0.68%。 封面 | AI生成 隔夜纽约尾盘，现货黄金下跌3.26%，报4918.36美元/盎司；COMEX黄金期货下跌3.06%，报4942.50美 元/盎司。现货白银跌10.89%，报75.0942美元/盎司。COMEX白银期货跌10.56%，报75.050美元/盎司。 ...

Market Overview - The U.S. stock market experienced a significant decline, with concerns about the impact of artificial intelligence on the software industry and office space demand leading to a sell-off in commercial real estate and tech sectors [1] - The Dow Jones Industrial Average fell by 669.42 points, a decrease of 1.34%, closing at 49,451.98 points; the S&P 500 dropped by 108.71 points, down 1.57%, closing at 6,832.76 points; and the Nasdaq Composite decreased by 469.32 points, a drop of 2.03%, closing at 22,597.15 points [1] Technology Sector Performance - Major tech stocks faced pressure, with Apple experiencing a 5% drop, marking its largest single-day decline since April 2025, following claims by the U.S. Federal Trade Commission regarding content suppression [2][3] - Other tech giants also saw declines: Meta Platforms down 2.82%, Amazon down 2.20%, Tesla down 2.62%, Nvidia down 1.64%, Microsoft down 0.63%, and Alphabet (Google) down 0.63% [2][3] Commercial Real Estate Impact - The commercial real estate sector faced a sharp sell-off, with major service companies like CBRE Group down 8.8%, JLL down 7.6%, and Cushman & Wakefield down 11.5% [4] - Analysts noted that the discussion around AI reducing office demand has been ongoing, and the recent sell-off in brokerage stocks has led investors to reassess risks in commercial real estate [4] Transportation and Logistics Sector - The transportation and logistics sector also suffered, with the Dow Jones Transportation Average dropping over 4%, marking its worst day since the U.S. announced tariff increases in April of last year [5] - 17 out of 20 stocks in the Dow Jones Transportation Average declined, with Landstar System and C.H. Robinson falling by 15.6% and 14.5%, respectively, due to concerns over AI reducing labor demand in logistics [6] Economic Data and Interest Rates - Recent labor market data showed a smaller-than-expected decline in initial jobless claims, leading to fluctuating expectations regarding the Federal Reserve's interest rate cuts for the year [6] - The yield on 10-year U.S. Treasury bonds fell by 8.1 basis points to 4.102%, marking the largest single-day drop since October [7] Commodity Market Performance - International oil prices saw a notable decline, with light crude oil futures dropping by $1.79 to $62.84 per barrel, a decrease of 2.77% [8] - Precious metals also faced pressure, with spot gold down 3.26% to $4,918.36 per ounce and silver down 10.89% to $75.0942 per ounce [8]

红包正在成为一种独特的市场营销和引流手段。 酒香真的不怕巷子深。为此，相比于红包营销搭建的浅层连接，将更多资源投入到产品和服务的质量 上，为消费者提供更多稀缺性和消费者剩余，可能更有利于激发消费活力，活跃节日氛围。 同时，随着全球进入AI为主的新的朱格拉周期，市场竞争已强势进入供给创造需求的创新阶段，快速 迭代的创新速度、产品即服务的新消费场景等，意味着曾经在互联网时代非常典型的先入为主的市场运 营模式，可能将不再是增益，而可能是负担，因为创新速度调动着消费者偏好的快速变换，让商品和服 务很难在消费侧停留更多时间，企业需用商品和服务的快速迭代而非红包刺激来赢得消费者。 因此，对企业来说，投入到红包和促销环节的资源更多是一种一次性沉没费用，因为现在商家提供的商 品和服务，与未来可能提供的商品和服务，缺乏可比性；这意味着将用于营销侧的费用，更多用在创新 实力的凝聚，及商品和服务稀缺性的打造上，对企业来说更具价值。 商量爆竹谈箫价，添得娇儿一夜忙。红包是传统春节的一种喜庆彩头，其目的是添乐，适度的红包刺激 是一种增益，将红包彩头变成一种常态化的营销，可能就需慎重，是否会带来喧宾夺主的影响。激活消 费活力，更需要的是 ...