新年来啦，今天推荐的这款雷司令，自留+送礼，两全其美！ 要知道，在葡萄酒的世界里， 雷司令一直被行业内誉为"白葡萄酒之冠"！ 据说全球仅不到5%的人，有机会喝到这款雷司令！ 而今天有着迷人花果香气+绝妙清爽口感，酒体品质达到「雷司令天花板」—— 【约瑟夫德拉森雷司令】半甜白葡萄酒 前500单，送手提礼袋+送海马刀+品牌方多送一瓶！ 速抢！ 既然是"白葡萄酒之冠"，那肯定是跟甜度有很大关联，因为甜度决定这款雷司令是否好入口！ 早在19世纪末，雷司令可是相当辉煌的， 有些比拉菲、拉图价格来得还高些！ 1896年伦敦餐馆的酒单 雷司令（Hock）的价格比拉菲还高！ 而德国原瓶进口的"半甜白"雷司令，更是"神一般的存在"！ 据说当年18世纪中期英国女王赴德国访问时， 细品了一口佐餐雷司令葡萄酒后，立刻惊叹连连，如获 至宝！ 时至今日，英国皇室依然将雷司令半甜白葡萄酒，作为皇室用酒之一！ 而且雷司令酸度适中，有陈年潜力。 要想喝到 纯正的德国进口雷司令半 甜白 ，还有3点要注意： 1、德国莱茵瓶型； 2、报关单贸易国是德国，而不是中国； 3、原瓶进口，而不是原液进口； 抛开这款酒先不说， 光看这款雷司令的颜值就值上千吧 ...

Core Viewpoint - The financial services industry is evolving from meeting individual needs to supporting the entire growth cycle of families, with Agricultural Bank of China launching the "Leisure Family Card" to promote a comprehensive financial ecosystem centered around families [1][3]. Group 1: Industry Insights - Retail finance is shifting from competition for traffic to deepening customer engagement, with families being the core node connecting various consumption, education, health, and retirement scenarios [3]. - Traditional financial products often fail to integrate individual and family relationships, leading Agricultural Bank to break this limitation with the Leisure Family Card as a new service model [3]. Group 2: Leisure Family Card Innovations - The Leisure Family Card promotes inclusive finance by offering packages for couples and families, along with a points-sharing feature that allows cardholders to share points with family members, enhancing resource integration [4]. - It constructs a new industry model of "finance + lifestyle," covering travel, health, and consumption, and collaborates with quality partners to create an open benefits platform [4]. - Data intelligence drives deep customer engagement by analyzing family consumption behaviors, providing a more comprehensive customer profile to enhance service precision [4]. Group 3: Future Industry Collaboration - Family finance is an emerging blue ocean market that requires industry consensus and standards for healthy development, with Agricultural Bank's Leisure Family Card serving as a practical example to promote service standardization [5]. - The deeper value of financial services lies not only in transaction efficiency but also in the ongoing support for family stability and growth, making the Leisure Family Card a significant attempt in a niche market [5].

来源丨凤凰网财经《IPO观察哨》 近日，比格比萨母公司"比格餐饮"向港交所递交招股书。 这家以"比萨自助"为特色的餐饮公司，正试图用营收增长和门店扩张，来获得资本市场 的入场券，但越来越低的利润率、高企的负 债以及食品安全卫生争议，都是其正面临的挑战。 和营收上涨相比，公司的净利润表现波动不定。同期，净利润分别为4752万元、4174万元和5165万元。2024年净利润出现下滑， 2025年前九个月虽然有所回升，但净利润率仅为3.7%，较2023年的5%仍呈下滑态势，处于餐饮行业公认的"微利"区间。 比格餐饮似乎正陷入"以价换量"的陷阱里。招股书显示，其每单平均消费额从2023年的70.9元，下滑至2024年的66.3元，再进一 步降至2025年前九个月的62.8元，下滑11%。外卖订单的平均消费额下滑更为明显，从2023年的60.7元骤降至2024年的43.1元， 在2025年前九个月再降到34.7元，下滑43%。 | | | 截至12月31日止年度 | | | | 截至9月30日止九個月 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- ...

Core Viewpoint - The article discusses the high gross margins of the beauty and personal care sector compared to other fast-moving consumer goods (FMCG), highlighting the potential for investment in companies like Watsons, which is planning an IPO with a target valuation of approximately $30 billion [1][2]. Group 1: Market Overview - The beauty and personal care products generally maintain gross margins above 60%, with leading brands like Estée Lauder achieving a gross margin of 74% in their latest financial report [1]. - In the global FMCG market, food and beverages account for 55% of sales, while beauty and personal care hold about 20% market share, which could rise to 40% when including home care and over-the-counter health products [1]. Group 2: Watsons' IPO Plans - Watsons Group, a subsidiary of CK Hutchison Holdings, is preparing for an IPO, with reports indicating a target valuation of approximately $30 billion (around 208.8 billion RMB) [2]. - The company has engaged Goldman Sachs and UBS as underwriters for the IPO, which may take place in Hong Kong or London, with expectations for the listing to occur as early as the second quarter of this year [2]. Group 3: Historical Context and Strategic Moves - Watsons previously sought an IPO in 2013, claiming to be the largest beauty and personal care retailer in Asia and Europe, with over 10,500 stores and an EBITDA of $1.64 billion in 2012 [3]. - The company shifted its strategic focus from Europe to mainland China, where it saw significant revenue growth, contributing 24% of total revenue despite only having 13% of its stores in that market [4]. Group 4: Recent Performance and Challenges - By 2021, Watsons had expanded to 16,398 stores globally, but growth in mainland China slowed significantly, with a drop in store count and revenue in 2022 and 2023 [11]. - In 2023, Watsons reported a revenue of 16.453 billion HKD in mainland China, a decline of 6% year-on-year, marking the first negative growth in store count in nine years [11]. Group 5: Future Outlook and Investor Sentiment - The upcoming IPO is seen as a favorable exit opportunity for investors, with expectations of raising at least $2 billion and a potential valuation increase of 33% for Temasek's investment [16]. - The retail business of CK Hutchison, which includes Watsons, reported a revenue of 99 billion HKD in the first half of 2025, reflecting a 41% year-on-year growth, driven by strong performance in beauty and personal care sectors [15].

中国经营报 . 《中国经营报》由《中国经营报》社有限公司出版，与中国企业同步成长，对话商业领袖，传播商业理想，服务商业人群，掌控中国商界绝对话语权。 来源|中国经营报 作者|杨让晨 张家振 1月22日，申通快递（002468.SZ）公告称，公司于近日收到玉环市人民法院送达的《民事起诉状》《应诉通知书》【（2026）浙1083民初243 号】等有关诉讼材料，自然人奚春阳以股东资格确认纠纷为由对申通快递、实际控制人之一陈小英提起民事诉讼。 以下文章来源于中国经营报 ，作者杨让晨 张家振 申通快递公告 《中国经营报》记者注意到，奚春阳认为，根据双方离婚时对财产分割的约定，申通快递与陈小英均应就4056.85万股股份的50%，即约2028.42万 股归属于自己，并向中国证券登记结算有限责任公司申请办理非交易过户至其名下的手续。 据了解，奚春阳与陈小英已于2012年解除婚姻关系，本次诉讼事项是奚春阳与陈小英之间的离婚财产分割涉及的股东资格确权纠纷。 申通快递方面在公告中表示，此诉讼不会对正常生产经营造成重大不利影响，不会对内部治理和规范运作产生重大不利影响，也不会对实际控制权产 生影响。就此，记者1月23日联系申通快递 ...

方便 记录心率、血氧、运动数据、睡眠质量等， 随时了解自己的健康数据，就像贴身的"健康管家"。 这年头，没块智能手表，都不好意思说自己在"自律生活"。 地铁上、健身房、办公室、连街边散步的大爷手上都戴上了"电子管家" ——不为装酷，就为让生活更科学 一点，健康一点。 我一开始也不信，直到戴上这块 创维 Watch4PRO， 才发现，智能手表≠智商税，它真的是生活提升器！ 扒 了 好 多 智 能 手 表 品 牌，发 现 大 牌 一 个 上 千 块， 多 买 两 块 就 会 掏 空 钱 包 。 普 通 牌 子 质 感 和 功 能 太 差 劲， 没法满足需求。 这个隐藏BOSS--36年国民老牌「创维」， 创维智能手表Watch4PRO， 无论质感、性价比都能吊打大牌。 36年国货品牌， 当所有人以为创维还在造电视，这个 OTT百亿独角兽， 早已在穿戴设备领域风生水起。 这款Watch4PRO，我拿到手后连着戴了近一个月，几乎"住"到手上了。 基础的蓝牙通话、蓝牙音乐、智能语音、运动计数、消息提醒 ……它通通都能直接用！ 蓝牙通话， 拨打电话、接听电话不耽误， 忙家务、开会、开车，动动嘴皮子全搞定。 这 次 纯 给 ...

Group 1 - Toyota has recently recalled nearly 16,000 vehicles in China due to issues with the multimedia screen system, following a previous recall of approximately 100,000 vehicles for a panoramic monitoring system defect [1][2][5][6] - The recalls involve specific models produced between December 5, 2025, and January 13, 2026, with 10,922 units of the RAV4 and 5,056 units of the Venza affected [5][6] - The recalls have raised concerns among consumers about Toyota's reliability, with some expressing skepticism about the frequency of defects [3][7] Group 2 - Toyota's sales in China peaked at 1.944 million units in 2021 but have since declined, reflecting a broader trend of consumers shifting towards domestic brands and new energy vehicles [11] - Despite the challenges, Toyota aims to sell over 1.78 million vehicles in China in 2025, marking a slight increase from 2024 [11][12] - The company is focusing on upgrading its fuel vehicle lineup while also attempting to transition to electric vehicles, although its electric models have not gained significant traction in the competitive market [12][13][17] Group 3 - Complaints against Toyota vehicles have surged, with 1,469 complaints reported in the last three months, highlighting issues such as steering system noise and lighting module failures [10] - The sales performance of Toyota's electric models, such as the bZ3 and bZ5, has been disappointing, with low monthly sales figures compared to competitors like Leap Motor and BYD [14][15] - The ongoing recalls and consumer complaints indicate a potential crisis in consumer trust, as the market increasingly prioritizes innovation and reliability in the automotive sector [17][18]

以下文章来源于中新经纬 ，作者王玉玲 中新经纬 . 中新经纬是由中国新闻社主办的财经新媒体，拥有中国互联网新闻信息采编发布服务资质。以手机客户端（APP）等为主要传播平台，以"权威、前瞻、专 业、亲和"为特色宗旨，传播财经资讯、解读经济政策、讲述商界故事，打造精英的财经资讯平台。 来源| 中新经纬 作者| 王玉玲 近日，苹果部分直营渠道启动促销活动，其中，上市售卖仅三个月的 iPhone Air 官方直减 2000 元，叠加国补后最高优惠 2500 元。 值得注意的是，这并非近期苹果首次启动促销活动。 2026 年 1 月 ，苹果中国官网最新上线新春限时优惠活动，用户于 2026 年 1 月 24 日至 1 月 27 日以符合条件的支付方式购买指定产品，最高立省 1000 元，还可享最高 24 期免息分期。活动详情显示， iPhone 16 或 iPhone 16 Plus 可 立省 300 元。 iPhone 16e 可立省 200 元。 Apple Store 天猫官方旗舰店显示， 2026 年 1 月 25 日 20:00 起至 2 月 11 日 23:59 ，苹果将参加 2026 年天猫年货狂欢季。其 ...

Core Viewpoint - Yuanzi Co., Ltd. (元祖股份) is facing significant challenges, with a projected decline in net profit for 2025, indicating a need for strategic adjustments to diversify its revenue streams and enhance competitiveness in the baking industry [2]. Group 1: Financial Performance - The company expects a net profit of 119 million to 143 million yuan for 2025, representing a year-on-year decline of 52% to 43% [2]. - The net profit excluding non-recurring items is projected to be between 95 million and 114 million yuan, down 59% to 51% year-on-year [2]. - In Q3 2025, the company's revenue decreased by 23.63% year-on-year, marking the largest decline in its historical performance for that period [2][8]. Group 2: Revenue Dependence and Market Dynamics - Yuanzi's revenue heavily relies on gift boxes and traditional festivals, with revenue from Chinese and Western pastry gift boxes reaching 1.45 billion yuan and 1.212 billion yuan in 2023 and 2024, respectively, accounting for over 50% of total revenue [6]. - The third quarter typically contributes about 41% of annual revenue, with net profit from this quarter accounting for 88.7% to 91.7% of the annual total, indicating a high dependency on Mid-Autumn Festival sales [6]. - Despite the overall baking market in China projected to grow by 8.8% to 611.07 billion yuan in 2024, Yuanzi's revenue declined by 12.99%, highlighting a disconnect between the company's growth and industry trends [6]. Group 3: Channel Performance - In 2024, online sales increased by 11.55% year-on-year, while offline sales faced significant pressure, declining by 32.79% in the first three quarters [6]. - For the first three quarters of 2025, total revenue fell by 19.10%, with offline sales down 36.29% and online sales down 7.13% compared to the same period in 2024 [8]. Group 4: Store Expansion and Cost Structure - Yuanzi is expanding its store network, with a net increase of over 20 stores in 2025, focusing on both mature and potential markets [9]. - Despite the increase in store numbers, profitability has declined due to high fixed costs associated with new store openings and the initial phase of market cultivation [9]. - The company's sales expense ratio has remained high at around 40% from 2022 to 2024, driven by costs related to direct store operations [9][11]. Group 5: Strategic Adjustments - The company aims to balance traditional seasonal products with innovation, enhancing brand visibility through multi-channel marketing [11]. - The reliance on a direct sales model has resulted in a high-cost structure, which could lead to challenges in achieving effective revenue growth without corresponding profit increases [11].

在美国与欧洲关系紧张之际，美元承压，全球各地资产分散配置的势头再起，新兴市场股票、货币与贵金属延续2026年以来的强劲开局。 MSCI新兴市场股票指数周五连续第二日上涨，有望连续第五周走高，为去年5月以来最长连涨纪录。今年以来，该指数累计上涨7%，而标普500指数仅上 涨1%。亚洲科技股为新兴市场的上涨提供了支撑，而拉丁美洲股市领涨，今年以来攀升了13%。 在人民币兑美元中间价于2023年来首次定在强于7元关口后，风险偏好获得提振。南非股市基准指数有望连续第三周上涨，与此同时黄金交投于每盎司略低 于5,000美元。 包括Rohit Garg与Gordon Goh在内的花旗集团策略师在报告中写道，在经历"压力峰值"后，随着焦点回到美国与欧洲的增长分化，美国市场对部分投资者而 言仍可能是优先选项。 不过他们也写道，"去美元化"和"财政挥霍"的主题已经回归。"去美元化有望以积极方式影响新兴市场风险溢价，就像2025年那样。" 来源：国际财闻汇 TCW Group Inc.首席执行官Katie Koch在接受彭博电视采访中表示，人们"在寻求分散配置、减少对美国资产的依赖；我会把它形容为'悄然放弃'美国债 券"。她说： ...