据"星链"官方账号披露， 本周三，第35956号星链卫星发生异常事故，在距离地面418公里处失联 。异常导致卫星的推进剂储罐泄漏，高 度迅速下降4公里，并释放出少量碎片。 以下文章来源于创业板观察 ，作者史正丞 创业板观察 . 创业板观察致力于发布深交所创业板的市场发展、政策变化、监管导向、上市企业动态等的及时信息，提供有价值的市场资讯。 数小时前，近期备受资本市场关注的SpaceX罕见披露了一起在轨卫星事故。 这种描述，通常意味着卫星发生了某种内部爆炸。 公司披露， 该卫星整体结构基本完好，目前处于翻滚状态，并将在数周内重返地球大气层并完全烧蚀解体 。目前SpaceX正在与美国太空 军和NASA协调，对这些目标进行监测。 虽然没讲明白卫星事故的缘由，但"星链"披露， 已经开始向现役卫星部署软件更新 ，以增强对这类事件的防护能力。 太空追踪公司LeoLabs表示，已经探测到"数十块"可能由此次事故产生的碎片，预期随着对该事件的持续跟踪，可能会识别出更多碎片。 LeoLabs补充称， 卫星高度迅速下降很可能表明事故由内部问题引发，而非与另一颗卫星或太空碎片相撞所致。 随着卫星互联网成为私募投资和资本市场关注的焦 ...

Core Viewpoint - The issuance of the first housing voucher in Shenzhen marks a significant step in diversifying compensation and resettlement methods for urban renewal projects, aligning with national policies aimed at revitalizing existing assets and addressing housing inventory issues [2][4]. Group 1: Policy Implementation - Shenzhen has officially issued its first housing voucher valued at 40.55 million yuan as part of the urban rail transit project, indicating the practical implementation of the housing voucher system established in the new urban renewal policy released in March 2023 [1][2]. - The housing voucher system aims to explore diverse compensation and resettlement paths for urban renewal projects, with the policy effective for three years starting from April 2023 [2][3]. Group 2: Project Selection and Advantages - The first housing voucher was issued in a government-led land consolidation project for rail transit, ensuring funding security for the voucher's redemption, similar to the approach taken in Guangzhou [4]. - The housing voucher consists of a base amount and a reward amount, allowing for government incentives, and it provides flexibility for displaced individuals in purchasing homes without being subject to local purchase restrictions [4]. Group 3: Market Impact - The housing voucher policy is expected to facilitate short-term inventory reduction and long-term ecological benefits by directing compensation funds into the housing market, thereby quickly addressing unsold commercial and residential properties [5]. - The policy is anticipated to enhance the efficiency of urban renewal, shorten project timelines, and improve supply-demand matching across regions, particularly benefiting areas like Longgang and Pingshan [5]. Group 4: Broader Context and Trends - The central government has emphasized the importance of urban renewal in stabilizing the housing market and promoting development, with recent discussions highlighting the integration of urban renewal with safety and housing quality initiatives [5]. - Over 130 regions across the country have introduced or optimized housing voucher policies since the beginning of 2024, with major cities like Shanghai following suit [6].

今日（12月19日），市场多只高标股尾盘回撤。其中，福建板块龙头平潭发展5分钟内从近5%涨幅直线跳水至超7%跌幅，日内振幅高达 14.63%，股价上演"坐滑梯"式急跌。 高标跌去周内涨幅，拉萨天团齐聚卖榜 作为福建板块人气高标，平潭发展近期股价表现强势，其今日盘中涨幅一度达6.4%，股价触及15.66元，距离此前于12月16日录得的历史 最高价15.97元仅有一步之遥。不过，就在即将收盘之际，平潭发展迎来大幅跳水，5分钟累计回撤近12个点，截至收盘，其今日跌幅近 7.5%，股价回落至13.60元，同时也一举抹去周内大部分涨幅。 注：平潭发展近期股价走势图（截至12月19日收盘） 注：平潭发展尾盘闪崩（截至12月19日收盘） 从龙虎榜数据上看，平潭发展今日榜单成交总额近10.91亿元，其中，卖出榜成交额4.14亿元，五个席位中共有四席所属"拉萨天团"，净卖 额分别达1488万元、860万元、976万元、860万元。另有一个席位国信证券浙江互联网分公司净卖出1343万元。而在买入榜中，深股通 席位今日净买入8458万元，并位居榜单第二席。 注：平潭发展近期融资余额变动情况（截至12月18日数据） 市场热议高标走向 ...

Core Viewpoint - The article discusses the navigation signal anomalies that occurred in Nanjing on December 17, 2025, clarifying the technical reasons behind the issue and emphasizing the strategic significance of the Beidou and GPS systems' compatibility [2][3]. Technical Analysis - Offline maps cannot resolve the navigation anomaly as the core issue is the temporary interference suppressing GNSS satellite signals (including Beidou and GPS), not a network signal interruption [3]. - The core function of offline maps is to store geographic data, which only addresses the "map display" issue and cannot replace the positioning signal source [4]. - Mobile navigation relies on GNSS satellite signals (at least 4 satellites) to calculate position coordinates, and the positioning signal and map data are independent systems [4]. - The interference specifically targeted the civilian frequency bands of Beidou and GPS, preventing the positioning signal from being recognized by receivers, leading to issues like position drift and lack of data feedback, making effective navigation impossible [4]. Strategic Significance - The simultaneous impact on both Beidou and GPS signals during the anomaly validates the forward-looking strategic vision of China's Beidou system's civilian frequency band planning [5]. - The international satellite navigation spectrum resources follow a "first come, first served" rule, with GPS having occupied core L-band resources early on, leaving limited quality spectrum for Beidou [5]. - Under the framework of the International Telecommunication Union, the compatibility of Beidou's civilian signal (B1C band) with GPS's civilian signal (L1C band) breaks the spectrum resource blockade and creates a strategic balance where interference with Beidou also affects GPS [5]. - Given the military ties of the U.S. and EU, and NATO's reliance on GPS signals, this frequency compatibility design establishes a significant strategic deterrent against malicious interference, reinforcing the security of China's civilian navigation services [5]. Military Frequency Resilience - It is important to note that the signal anomaly only affected civilian GNSS frequency bands, while the military frequency of Beidou remained unaffected [6]. - The Beidou system employs a military-civilian frequency separation design, with military frequencies being exclusive and confidential, physically isolated from civilian bands [6]. - The military system incorporates advanced digital anti-jamming technology and adaptive intelligent filtering algorithms, enabling precise identification and filtering of interference signals, thus possessing strong anti-jamming and anti-deception capabilities [6][7]. - As a crucial national space infrastructure, the independence and anti-jamming capabilities of Beidou's military frequency provide stable and reliable spatiotemporal services for national defense security and emergency support in critical areas, unaffected by the recent civilian signal interference [7]. Conclusion - If the navigation anomaly was a result of temporary signal control measures for major event security, it is considered a routine safety measure within the industry, with signals gradually returning to normal after the event [8]. - The Nanjing Satellite Application Industry Association will continue to monitor industry dynamics and share professional knowledge on satellite applications to enhance public understanding of satellite navigation technology [9][10].

据央视新闻，当地时间12月19日，美国总统特朗普表示，不排除与委内瑞拉开战的可能性。 ...

第二条 行政机关、事业单位、公共服务收费单位（以下统称收费单位）和经营主体、社会公众的现金收付行为，银行业金融机构提供现金 服务，适用本规定。 第三条 收费单位、经营主体应尊重社会公众对合法支付方式的自主选择权。除因履行法律、法规、规章规定的义务或法定职责而应使用非 现金支付工具情形外， 不得拒收现金，不得要求或诱导他人拒收现金，不得对现金支付采取歧视性措施，损害现金支付便利。 第四条 采取以下任一收费、交易方式的，收费单位、经营主体应支持现金支付： 中国人民银行会同国家发展改革委、金融监管总局制定了《人民币现金收付及服务规定》，现予发布。 规定提出， 收费单位、经营主体应 尊重社会公众对合法支付方式的自主选择权。除因履行法律、法规、规章规定的义务或法定职责而应使用非现金支付工具情形外， 不得拒 收现金，不得要求或诱导他人拒收现金，不得对现金支付采取歧视性措施，损害现金支付便利。 人民币现金收付及服务规定 第一条 为切实维护人民币法定货币地位，防范和整治拒收人民币现金（指人民币纸币、硬币，以下统称现金）行为，构建多元支付方式共 同发展下的现金便利流通环境，根据《中华人民共和国中国人民银行法》《中华人民共和国商 ...

Core Viewpoint - Alibaba's DingTalk is reportedly working on a secret project called "D Plan," which may involve entering the hardware market with a rumored "Doubao phone" [1][4] Group 1: Project Overview - The "D Plan" has recently gained attention within DingTalk and its supply chain, suggesting a potential shift from software to hardware integration [1][4] - The project was hinted at during the AI 1.0 product launch in August, where the term "DingTalk Real" briefly appeared, raising speculation about its significance for the upcoming AI 1.1 version release on December 23 [1][4] Group 2: Market Implications - Industry observers view the exposure of the "D Plan" as a critical step for DingTalk in exploring next-generation enterprise-level AI hardware, indicating a strategic move towards hardware integration [4] - The announcement of the year-end release event is expected to heighten external expectations, especially in a competitive collaborative office market where AI and hardware convergence is becoming increasingly important [4]

近期，国家网信办会同中国证监会深入整治涉资本市场网上不实信息，依法处置一批炮制谣言、非法荐股的账号。现将部分典型案例通报如 下。 资本市场具有很强的信息敏感性，编造、传播资本市场虚假信息以及其他违法违规言论，扰乱信息传播秩序，影响市场稳定运行，将受到法 律惩处。网信部门和证券监管部门提醒广大网民，树立正确投资理念，增强风险防范意识，加强金融信息辨别，不造谣、不传谣、不信谣， 共同营造清朗的网络空间。 下载财联社APP获取更多资讯 准确 快速 权威 专业 7x24h电报 头条新闻 VIP资讯 实时盯盘 3."财经周末老师"等账号利用AI编造资本市场虚假信息。 百度百家号"财经周末老师""小宋老师说财经""财经岑老师""龙哥霸气的老巢"等 利用AI技术批量生成资本市场虚假不实信息，恶意攻击市场监管政策，采用"标题党""小作文"等方式煽动负面情绪，干扰投资者决策。涉及 的账号已被依法依约关闭。 4."爱在深秋-郑老师"等账号炒作股市走势，随意预测涨跌，博取流量。 抖音账号"爱在深秋-郑老师"长期、频繁地通过煽动性或暗示性话 语随意预测股市涨跌，博取流量。抖音账号"老实人老王""晴天（超短裙战法 ） "等为博眼球、吸 ...

Core Viewpoint - The article discusses the recent military training activities of China's Liaoning aircraft carrier group in the East China Sea, highlighting the communication between Chinese and Japanese naval forces and the subsequent provocations from the Japanese side during the training exercises [1][5][6]. Group 1: Military Training Activities - The Liaoning aircraft carrier group conducted flight training for carrier-based fighter jets in the East China Sea, with prior notification to nearby Japanese naval forces [1][5]. - The Chinese naval vessel, the 055-class destroyer Nanchang (hull number 101), served as the command ship for the carrier group during these exercises [7][11]. Group 2: Communication and Provocations - The Chinese naval forces communicated their training plans to the Japanese Maritime Self-Defense Force, which acknowledged receipt of the information [3][4]. - Despite the notifications, Japanese aircraft approached the training area multiple times, coming within 50 kilometers, which the Chinese side deemed a provocation and a threat to flight safety [5][6]. Group 3: Political Implications - The spokesperson for the Chinese Ministry of Defense criticized Japan for misleading its public and the international community regarding the nature of China's military training, suggesting that Japan was attempting to divert attention from its own provocative actions [6]. - The article raises concerns about Japan's potential motives behind its actions, questioning whether it seeks to shift focus from domestic political issues or to justify a military policy shift [6].

Group 1 - The core viewpoint of the article emphasizes the successful launch of the "Shanghai Clearing House Ping An Bank Liquidity Core 50 Credit Bond Index," marking a significant step in China's bond market for price discovery, liquidity management, and investment tool innovation [2] - The index is developed through a collaboration between Ping An Bank and the Shanghai Clearing House, utilizing a proprietary model to provide a liquidity reference benchmark for the interbank bond market [4] - The index comprises 50 issuers with excellent credit quality and liquidity, with a total market value of 6.0 trillion yuan and an average yield of 1.8523% as of December 1, 2025 [4] Group 2 - The partnership between Ping An Bank and the Shanghai Clearing House represents a model for deepening financial supply-side reform, offering diverse bond pricing indicators and investment targets to market participants [6] - Ping An Bank plans to continuously optimize model algorithms and expand index application scenarios to provide smarter and more efficient trading strategies and risk management solutions for institutional clients [6] - The launch of this index is seen as a starting point for Ping An Bank to uphold its commitment to "finance for the people" and collaborate with market peers to shape the future of the bond market [6]