财经频道更多独家策划、专家专栏，免费查阅>> 责任编辑：钟离 据央行数据，初步统计，2026年1月份社会融资规模增量为7.22万亿元，比上年同期多1662亿元。其 中，对实体经济发放的人民币贷款增加4.9万亿元，同比少增3178亿元；对实体经济发放的外币贷款折 合人民币增加468亿元，同比多增860亿元；委托贷款减少192亿元，同比多减641亿元；信托贷款减少4 亿元，同比多减627亿元；未贴现的银行承兑汇票增加6293亿元，同比多增1639亿元；企业债券净融资 5033亿元，同比多579亿元；政府债券净融资9764亿元，同比多2831亿元；非金融企业境内股票融资291 亿元，同比少182亿元。 ...

央行发布的数据显示，1月末，广义货币(M2)余额347.19万亿元，同比增长9%，智通财经C50风向指数 调查预测中值为8.4%。狭义货币(M1)余额117.97万亿元，同比增长4.9%。流通中货币(M0)余额14.61万 亿元，同比增长2.7%。1月份净投放现金5191亿元。 责任编辑：钟离 财经频道更多独家策划、专家专栏，免费查阅>> ...

为支持和引导互联网平台经营者有效防范反垄断合规风险，促进平台经济创新和健康发展，《互联网平 台反垄断合规指引》今天发布。 互联网平台涉及平台经营者、平台内经营者、消费者和从业人员等多方主体。平台经营者能够通过平台 规则、数据、算法、技术手段等影响平台竞争生态，一旦平台经营者从事排除、限制竞争行为，将会损 害多方主体利益。执法实践显示，互联网平台具有独特的竞争特点和规律，在垄断行为类型、表现、损 害等方面与传统领域存在一定差异，平台经济新业态新模式不断涌现，竞争行为纷繁复杂，平台经营者 对识别垄断风险、明晰行为边界充满期待。制定《指引》是对反垄断合规制度规则的进一步细化，有利 于回应平台经营者关切，支持、引导其精准识别、评估、防范垄断风险。 指引要求，平台经营者应遵循针对性、全面性、穿透性和持续性四大原则，开展反垄断合规管理工作， 实现规则公平、算法向善、竞争合规，切实承担反垄断合规主体责任，健全反垄断合规制度，加强反垄 断合规管理，依法竞争、合规经营，不得利用数据和算法、技术、资本优势、平台规则等从事《反垄断 法》禁止的垄断行为。 以下为全文： 互联网平台反垄断合规指引 第一章总则 本指引所称反垄断合规风险， ...

Group 1 - UBS has raised the target price for Hermès International from €2260 to €2310 [1]

Group 1 - The core viewpoint of the article indicates mixed performance among Chinese concept stocks in the US pre-market trading, with NIO showing a slight increase while Alibaba, JD.com, Ctrip, and Manbang experienced declines [1][2] Group 2 - NIO's stock increased by 0.6% in pre-market trading [1] - Alibaba's stock decreased by 0.2% in pre-market trading [1] - JD.com, Ctrip, and Manbang all saw a decline of 1% in their stock prices [1]

国家知识产权局信息显示，联想（北京）有限公司申请一项名为"数据处理方法及电子设备"的专利，公 开号CN121501225A，申请日期为2025年11月。 专利摘要显示，本公开提供了一种数据处理方法，包括：确定目标数据，目标数据包括多个数据片段； 确定目标数据对应的第一指标、第二指标以及第三指标，第一指标表征各数据片段中满足目标数据格式 的占比，第二指标表征目标数据相对于运行内存的负载程度，第三指标表征目标数据被访问的并发量； 根据第一指标、第二指标以及第三指标，确定目标输入输出模型进行数据传输的目标输入输出方式；控 制目标输入输出模型以目标输入输出方式将目标数据传输至第二处理器。 本文源自：市场资讯 作者：情报员 天眼查资料显示，联想（北京）有限公司，成立于1992年，位于北京市，是一家以从事计算机、通信和 其他电子设备制造业为主的企业。企业注册资本565000万港元。通过天眼查大数据分析，联想（北京） 有限公司共对外投资了108家企业，参与招投标项目5000次，财产线索方面有商标信息1741条，专利信 息5000条，此外企业还拥有行政许可238个。 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成 ...

Core Viewpoint - Budweiser is facing unprecedented growth pressure in the Chinese market, with declining sales and profits reported in its latest earnings report [1][2]. Financial Performance - Budweiser APAC reported a revenue of $5.764 billion (approximately 39.787 billion RMB) for 2025, a year-on-year decrease of 6.1% [1]. - Beer sales reached 7.966 billion liters, down 6.0% year-on-year [1]. - The profit attributable to equity holders was $489 million (approximately 3.375 billion RMB), a significant decline of 32.6%, marking a low point in net profit over recent years [1]. Market Challenges - The company has experienced a continuous decline in key metrics, with beer sales and revenue in China dropping by 8.6% and 11.3% respectively in 2025 [2]. - The decline is attributed to a slowdown in high-end dining and entertainment channels, which have traditionally been strong for Budweiser [2]. - The company has been slow to adapt to new retail and e-commerce channels, with a lower proportion of non-on-premise sales compared to competitors [2]. Strategic Initiatives - Budweiser is increasing investments in non-on-premise channels and enhancing its sales team capabilities, particularly in Guangdong [2]. - The company is also focusing on marketing its core sub-brands, including new endorsements for Harbin Beer to strengthen connections with younger consumers [2]. Cost Pressures - Increased investments to support distributors and brand promotion in emerging channels have created additional profit pressures for Budweiser [3]. - The company plans to maintain high-intensity marketing and channel investments in 2026, coinciding with the World Cup events [3]. Industry Context - The domestic beer industry is entering a contraction phase, with local brands accelerating their premiumization and channel transformation, increasing pressure on international giants like Budweiser [3][4]. - Competitors such as Yanjing Beer and Chongqing Beer are forecasting significant profit growth, with Yanjing expected to achieve a net profit of 1.584 billion to 1.742 billion RMB, a year-on-year increase of 50%-65% [3][4]. Leadership Focus - CEO Cheng Yanjun has emphasized the need to reignite growth and rebuild market share in China as a primary task [4].

中国银行公告称，2026年2月13日董事会会议审议通过了2026年固定资产投资预算及张辉兼任首席合规 官两项议案，分别以16票赞成、0票反对、0票弃权以及15票赞成、0票反对、0票弃权通过。张辉因利益 冲突回避表决，其自董事会批准之日起兼任该职，他还在本行担任副董事长、执行董事、行长等职。第 一项议案将提交股东会审批。 ...

国家知识产权局信息显示，环球油品有限责任公司申请一项名为"副产物的再循环为甲醇制喷气燃料工 艺提供绿色氢气料流"的专利，公开号CN121511207A，申请日期为2024年7月。 本文源自：市场资讯 作者：情报员 专利摘要显示，在甲醇制喷气燃料联合装置中，包括低聚的若干不同过程都需要氢气。氢气是通过蒸汽 甲烷重整和自热重整产生的。通过将来自包括脱甲烷塔、脱丙烷塔和闪蒸汽提塔的塔的废气料流送至重 整反应器来增加可用氢气的量，提供了更高的效率。 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 ...

Market Performance - The Hang Seng Index closed down by 1.72% [1] - The Tech Index fell by 0.9% [1] Company-Specific Movements - Tencent Music (01698.HK) experienced a decline of over 9% [1] - Zijin Mining (02899.HK) dropped by more than 7% [1] - China Hongqiao (01378.HK) and China Petroleum & Chemical Corporation (00857.HK) both fell by over 5% [1]