【导读】南京商旅终止收购南京黄埔大酒店有限公司 100% 股权 中国基金报记者 夏天 在经历了长达一年半的筹划和等待后，南京商旅（证券代码： 600250 ）于 12 月 19 日晚 间突然宣布，由于市场环境及有关情况发生变化，决定终止以发行股份及支付现金的方式购 买南京黄埔大酒店有限公司（以下简称黄埔酒店） 100% 股权的重大资产重组事项。 重组过程几经波折 根据公告，公司已向上交所申请撤回本次交易相关申请文件，并获上交所终止审核的决定。 值得注意的是，就在此次重组终止公告前， 12 月 5 日至 12 月 19 日的 11 个交易日里， 南京商旅股价上涨幅度超过 45% ，最新市值达 45.35 亿元。而重组终止公告当天，公司股 价盘中一度涨停，最终收跌 0.14% ，报 14.60 元 / 股。 回溯公告，南京商旅于 2024 年 5 月正式启动此次重大资产重组工作。根据当时的计划，公 司拟通过发行股份及支付现金的方式，购买控股股东南京旅游集团（后更名为南京文旅集 团）持有的黄埔酒店 100% 股权、南京商厦持有的 南商运营 49% 股权 。 黄埔酒店是南京市的高端酒店，提供全面的住宿、餐饮和会议服务 ...

Group 1: Russia-China Relations - The core viewpoint is that the Russia-China relationship is a significant factor for global stability, with ongoing practical cooperation across various fields, including trade reaching between $240 billion to $250 billion [3][13]. - Russia and China have developed cooperation in high-tech manufacturing, scientific education, humanities, and space exploration, reflecting a high level of mutual trust [3][13]. Group 2: Economic Insights - Russia's economy is projected to grow by 1% this year, with a total growth of 9.7% over the past three years, as part of a strategy to control inflation and optimize economic structure [15]. - The inflation rate is expected to reach 5.7%-5.8% by the end of the year, with an unemployment rate of 2.2%, marking a historical low [15]. - Russia's foreign exchange reserves stand at $741.5 billion [15]. Group 3: Ukraine Conflict - Russia has not observed Ukraine's willingness to discuss territorial issues, despite some signals indicating a desire for dialogue [5]. - The Russian military is reportedly advancing in the conflict, with expectations to control key cities and a belief that Ukrainian forces have exhausted their strategic reserves [7]. - Russia expresses a willingness to provide security guarantees during Ukrainian elections, including a temporary cessation of military actions [8]. Group 4: Western Relations - The seizure of Russian assets by the EU is described by Russia as "robbery," with significant amounts frozen, including approximately €210 billion from the Central Bank [10]. - Russia is open to cooperation with the West on an equal basis, emphasizing that the special military operation would not have occurred if Russia had been respected [14].

保康县交通运输综合执法大队一中队原中队长金磊醉驾问题。 2024年7月10日，金磊酒后驾 驶机动车被公安机关查获。经检测，其血液中酒精含量达到醉驾标准，构成危险驾驶罪，受到 拘役并处罚金的刑事处罚。2025年5月，金磊被开除党籍、开除公职。 来源：湖北日报 据湖北日报，为持续强化严的基调、严的氛围，进一步提升党员干部纪法意识，不断巩固拓展 深入贯彻中央八项规定精神学习教育成果，近日，湖北省纪委监委通报5起党员干部醉驾典型 问题： 省市场监督管理局反垄断处原副处长张晓伟醉驾问题。 2025年3月28日，张晓伟酒后驾驶机 动车被公安机关查获。经检测，其血液中酒精含量达到醉驾标准，构成危险驾驶罪，受到拘役 （缓刑）并处罚金的刑事处罚。2025年11月，张晓伟被开除党籍、开除公职。 五峰土家族自治县市场监督管理局原党组书记、局长叶正勇醉驾问题。 2024年5月26日，叶 正勇酒后驾驶机动车被公安机关查获。经检测，其血液中酒精含量达到醉驾标准，构成危险驾 驶罪，受到拘役并处罚金的刑事处罚。2024年12月，叶正勇被开除党籍、开除公职。 省鄂东监狱原四级警长刘哲雨醉驾问题。 2024年6月14日，刘哲雨酒后驾驶机动车被公 ...

【导读】智谱通过港交所聆讯并正式递交招股书，有望成为 " 全球大模型第一股 " 中国基金报记者 卢鸰 据港交所官网 12 月 19 日披露，中国最大的独立大模型厂商 —— 北京智谱华章科技股份有 限公司（以下简称智谱）已通过港交所聆讯并正式递交招股书。 这意味着，智谱有望以 " 全球大模型第一股 " 的身份登陆港交所。 目前，智谱 IPO 前最后一次融资的投后估值为 243.77 亿元，其控股股东为北京链湃、刘德 兵、唐杰、张鹏等一致行动人。 最新估值为 243.77 亿元 智谱成立于 2019 年，由清华大学技术成果转化而来，目前是中国收入体量最大的独立大模 型厂商。 招股书显示， 2022 年 —2024 年，智谱的营业收入分别为 5740 万元、 1.25 亿元、 3.12 亿元，连续三年营收翻倍，年复合增长率达 130% ； 2025 年上半年营业收入为 1.9 亿元。 其毛利率则保持在 50% 以上， 2022 年 —2024 年分别是 54.6% 、 64.6% 、 56.3%， 2025 年上半年为 50% 。 据招股书披露，自 2019 年成立以来，智谱共完成 8 轮融资，累计融资超 83 亿 ...

【导读】同仁堂集团就南极磷虾油事件致歉：全面开展品牌清理行动 中国基金报记者 晨曦 同仁堂集团，公开致歉！ 12 月 20 日上午，北京同仁堂集团发布致歉声明。声明称，针对近日有关 " 南极磷虾油 " 的舆论关注，北京同仁堂集团高度重视、深感痛心，对因此给消费者造成的权益损害，向广 大消费者和社会各界致以最诚恳的歉意。 同仁堂集团立即开展零容忍品牌严管专项行动，已采取如下措施： 一、 派专项工作组到四川，对涉事产品开展全面深入核查，坚决一查到底。 二、 责令并监督涉事经销主体四川健康立即下架涉事产品，严格按照监管部门要求依法依规 对消费者进行赔偿。 三、 依法追究四川健康、哈博药业及相关电商平台的商标侵权等责任。对其违法使用 " 北京 同仁堂 " 字样，误导消费者判断，损害消费者合法权益的行为追究法律责任。 四、 对四川健康及其控股股东健康药业等单位在经营、管理、监督环节存在的问题开展问 责，严肃追究相关人员责任。 此外，同仁堂集团还表示，为进一步保护消费者权益，强化品牌保护责任，将开展以下工 作：全面排查品牌使用中的违法违规行为，对集团各级企业的品牌使用情况进行拉网式核 查。全面开展品牌清理行动，坚决清理 ...

乌克兰总统泽连斯基19日接受波兰媒体采访时承认，前线战场形势十分复杂，情况越 来越艰难。 泽连斯基称，他近日视察位于哈尔科夫州东部的库皮扬斯克，乌克兰军队仍控制着这 座交通枢纽城市。不过，俄罗斯军队正在"施加压力"。 泽连斯基还承认，由于多种原因，"某些类型的弹药和防空导弹的供应曾出现问题，相 关交付有所延迟"。 来源：新华社 泽连斯基：前线局势愈发艰难 泽连斯基当天到访波兰，与波兰总统纳夫罗茨基举行会晤并共同会见记者，之后还会 见了波兰参众两院代表。 les & FR 点击下载中国基金报客户端 ■ 中国基金报内容矩阵 ■ 巅峰对话 投资热点说 ETF风向标 IPO情报站 fe o 1 ■ a a - 444 and 4 4 CHINAFUND CHINAFUND CHINAFUND CHINAFUND 开盘速递 港股日报 全球早班车 数说人物 √ � [ 8 a 4 a g a d 4 4 4 CHINAFUND CHINAFUND CHINAFUND CHINAFUND ●微信搜一搜( 〔 〔 中国基金报 〕即刻获取财经资讯 俄总统普京19日在莫斯科举行"年度盘点"活动时表示，俄武装部队已经完全掌握战略 ...

拉长来看，本周标普 500 指数小幅上涨 0.1% ，纳指上涨 0.5% ，而道指则下跌 0.7% 。 纽约联储主席威廉姆斯明确表示，鉴于最近的就业和通胀数据，目前没有再次降息的紧迫 性，这进一步强化了市场对短期内暂停降息的预期。 中国基金报记者 伊万 美东时间 12 月 19 日，在英伟达等 AI 概念股的强势带动下，美股三大指数集体收涨。截至 收稿，道指涨 0.38% ，报 48134.89 点；纳斯达克指数涨 1.31% ，报 23307.62 点；标 普 500 指数涨 0.88% ，报 6834.5 点。 据香港万得通讯社，据高盛数据，本交易日将有超过 7.1 万亿美元名义价值的期权合约到 期，创下历史最高纪录。这一天被称为所谓的 " 四巫日 " ，即股指期货、股指期权、个股期 货和个股期权同时到期的日子，这种集中到期通常会放大市场交易量和波动性。在这次创纪 录的到期事件中，约 5 万亿美元的风险敞口与标普 500 指数挂钩，另有 8800 亿美元与个 股相关。高盛指出，虽然 12 月的期权到期通常是全年规模最大的，但本次的规模超过了以往 所有记录，其名义风险敞口相当于罗素 3000 指数总市值的约 ...

Group 1 - The U.S. military conducted a large-scale airstrike in Syria targeting multiple sites associated with the extremist group ISIS, in direct response to an attack that resulted in the deaths of two U.S. soldiers [1] - The operation, named "Eagle Eye Strike," aimed to weaken ISIS's operational capabilities and deter further attacks, with a focus solely on ISIS-related facilities [1] - The airstrikes involved the use of fighter jets, attack helicopters, and ground fire against ISIS's weapon storage points, command, and logistical support facilities [1] Group 2 - The attack that prompted the U.S. airstrikes resulted in the deaths of two U.S. soldiers and one American civilian, with three additional soldiers injured [2] - The assailant was identified as a member of ISIS, and the incident marked the first time U.S. soldiers were killed in Syria since the fall of the Assad regime in December of the previous year [3] - The Syrian transitional government condemned the attack, and President Trump warned of severe retaliation against ISIS for the assault [5]

Core Viewpoint - The People's Bank of China, in collaboration with the National Development and Reform Commission and the Financial Regulatory Bureau, has established the "Regulations on Cash Payment and Services in Renminbi" to protect the legal status of the Renminbi and prevent the refusal of cash payments, ensuring a convenient cash circulation environment [1][18]. Summary by Sections Regulations Overview - The regulations aim to maintain the legal status of the Renminbi and address the issue of cash refusal, ensuring a multi-faceted payment environment [2][18]. - The regulations apply to administrative agencies, public service charging units, and business entities, emphasizing the respect for the public's right to choose legal payment methods [2][12]. Cash Payment Support - Charging units and business entities must support cash payments in various scenarios, including self-service models and areas like parks and schools [3][4][8]. - They are required to clearly display payment methods and maintain sufficient change to facilitate cash transactions [7][26]. Handling Cash Payments - In cases where large amounts of coins or small denominations are presented, entities must negotiate solutions rather than refuse cash [9][12]. - Financial institutions are mandated to provide cash deposit and withdrawal services, ensuring that they meet the public's cash service needs [10][34]. Compliance and Enforcement - The regulations stipulate that if cash is refused, the public can gather evidence and report to local branches of the People's Bank of China for legal recourse [12][40]. - Violations of these regulations will lead to public disclosure and penalties for the offending parties [13][18]. Principles of Regulation - The regulations are guided by principles that prioritize public service, address emerging issues in cash payments, and promote coordinated governance among various departments [19][21][24][25].

Group 1 - The forum focused on the integration of technology and industry, particularly the impact of AI on sectors like pharmaceuticals and asset management [2][3] - AI is reshaping the entire medical industry chain, from drug discovery to precision medicine, and is also penetrating every aspect of asset management [3] - The consensus on the Chinese stock market is a "slow bull" trend, driven by profit improvement, policy support, and attractive valuations, indicating a healthier and more sustainable market direction [6] Group 2 - Global investors are increasingly interested in asset allocation strategies in China, emphasizing the need for a diversified and balanced approach in a low-interest-rate environment [6] - Insurance funds are gradually increasing their equity asset allocation, favoring companies with sustainable profitability and high dividend characteristics, reflecting a proactive choice to engage with the long-term value of the Chinese equity market [7] - The forum provided critical insights for investment strategies in 2026, highlighting the importance of embracing technological changes and maintaining a long-term value approach in the asset management industry [10]