Orange S.A. (ORANY) is a telecommunications operator company. The Zacks Consensus Estimate for its current year earnings has been revised 2.1% downward over the last 60 days. JD.com, Inc. (JD) is a supply chain technology and services company. The Zacks Consensus Estimate for its current year earnings has been revised 5.7% downward over the last 60 days. Origin Bancorp, Inc. (OBK) is a bank holding company. The Zacks Consensus Estimate for its current year earnings has been revised 9.4% downward over the la ...

1月16日，由北京市商务局指导，北京日报报业集团和北京市商业联合会共同主办，北京商报社承办的2026北京商业品牌大会暨2025年度（第二十一届）北 京十大商业品牌揭晓活动在北京国际饭店成功举办。本次活动以"新需求 新供给"为主题，政府领导、商业专家及企业高层代表齐聚一堂，共同见证了代表 北京商业最高水平的"2025年度北京十大商业品牌"等优秀品牌案例的揭晓。 活动现场，北京市商务局党组成员、副局长石崇远从"品质、品位、品牌"角度致辞，为北京商业的高质量发展指明了着力方向。他表示，在北京，涌现出一 批消费地标品牌，创新出一批潮玩时尚品牌，拥有着一批特色烟火品牌。从新锐地标到时尚潮玩，再到街头小店，这些行业的成功案例证明了品牌的建设没 有捷径，只有坚守品质，提升品位，才能在激烈的市场竞争中脱颖而出。石崇远强调，北京的商业图景迎来深刻可喜的变化，品牌越来越有"层次感"，体验 越来越有"舒适感"，环境越来越有"归属感"。 "2025年度北京十大商业品牌"由北京稻香村、北京华天、北京SKP、三里屯太古里、菜百首饰、京东、美团、泡泡玛特、吴裕泰、小米共10家品牌问鼎。这 些品牌涵盖商场/购物中心、潮玩、餐饮、专业店、电商 ...

北京商报讯（记者 王维祎）1月16日，由北京市商务局指导，北京日报报业集团和北京市商业联合会共同主办，北京商报社承办的2026北京商业品牌大 会暨2025年度（第二十一届）北京十大商业品牌揭晓活动在北京国际饭店成功举办。本次活动以"新需求 新供给"为主题，政府领导、商业专家及企业 高层代表齐聚一堂，共同见证了代表北京商业最高水平的"2025年度北京十大商业品牌"等优秀品牌案例的揭晓。 北京稻香村 一方酥点藏山水，半口清甜载岁时。它不只是糕点铺，更是生活美学馆。百年字号以匠心重塑新中式风尚，让传统手艺在当代焕发诗意新生。 北京华天 它为餐饮老字号写下开放且年轻的新注解。从"餐饮天团"到科技赋能新场景，它让老北京的传统风味与数字时代握手，在守正中开拓新场景。 "2025年度北京十大商业品牌"主要表彰年度表现最为突出、引领行业发展方向的10家商业品牌，它们代表了年度北京商业发展的最高水平，拥有丰富的 品牌内涵和外延。北京稻香村、北京华天、北京SKP、北京三里屯太古里、菜百首饰、京东、美团、泡泡玛特、吴裕泰、小米10家品牌荣登"2025年度 北京十大商业品牌"。 以下为榜单详情： 北京SKP 它是全球首发中心的"首店 ...

1月18日，正式开启"京东外卖·大牌请客"活动，京东自提上线1个月之际，为全国消费者送上一波超值 福利：1分钱吃尊宝比萨，1.68元喝蜜雪冰城，更有库迪咖啡、沪上阿姨、挪瓦咖啡、益禾堂、喜姐炸 串、吉祥馄饨、大米先生、塔斯汀等众多餐饮大牌加入请客行列。只需打开京东APP点击"秒送"频道， 搜索"外卖请客"进入会场，或找到"自提更省"标识定位自提美食，到店自提再减1元。 京东自提正在成为连接人与人之间的温情纽带，许多家庭通过这项功能，创造出了独特的家庭时 光。"我工作忙，平时回家儿子都睡了，只有周六补习班下课后的时间完全属于我们。我会提前在京东 上订好尊宝比萨的黑椒鸡块，下课后直接带他去自提。"一位宝爸分享，从教室到尊宝比萨的583步，成 了他跟儿子每周的"男子汉时间"，也是难得的亲子时光。 "跟闺蜜逛街一个多小时后，我俩电量告急，急需补充能量。没想到好闺蜜在我不知情的情况下，已经 在京东自提下单了我复购列表里排名第一的沪上阿姨茉莉奶绿。记得当时我插上吸管大大地吸了一口， 感慨20多年的老朋友就是不一样，还是她最懂我！"小晴回忆起和闺蜜Citywalk的情形，脸上写满了幸 福。 这种幸福感也同样来自情侣之间的甜 ...

互动福利方面，年货节期间将上线"黄金抽回家"活动，1月26日至2月1日，消费者单笔消费满168元即可 参与抽奖，最高可赢取京东独家发售的周大生"马年金钞"，100%中奖率让每位顾客都能收获新春惊 喜。针对企业采购与团体送礼需求，1月16日至3月8日期间，办理提货卡可享最高1%返点优惠，1万以 上5万以下返0.5%，5万以上返1.0%，全国门店通用，为送礼增添体面与实惠。值得一提的是，安徽合 肥店同步推出办理京东联名信用卡支付独享加码满110减100元支付活动，为本地消费者带来额外福利。 图为京东独家发售的周大生"马年金钞" 作为硬折扣赛道的标杆玩家，京东折扣超市此次年货节延续"超级便宜"核心优势，依托超级供应链深 化"产地直采+工厂直供"模式。冬季应季的耙耙柑通过"承包定园"锁定核心产区，完熟期采摘后快速直 达全国门店，皮薄肉甜、细腻多汁的口感备受期待，3.99元/斤的亲民价格让消费者实现鲜果自由。生 鲜区更是诚意满满，5.99元/斤的猪前尖肉、9.9元30枚的鲜鸡蛋等民生刚需品持续供应，海白虾、带鱼 段等水产海鲜凭借新鲜品质与击穿价，成为家庭年夜饭的必备之选。 针对走亲访友的送礼需求，门店打造了覆盖多元场景 ...

Market Overview - The Hong Kong stock index opened high but closed lower, with the Hang Seng Index down 0.29% at 26,844.96 points, the Hang Seng Tech Index down 0.11% at 5,822.18 points, the National Enterprises Index down 0.5% at 9,220.81 points, and the Red Chip Index down 0.34% at 4,139.41 points [1] Company News - Tencent Holdings (00700.HK) repurchased 1.017 million shares for HKD 636 million at a price range of HKD 619-632 [2] - Xiaomi Group (01810.HK) repurchased 3.9 million shares for HKD 148 million at a price range of HKD 37.86-37.92 [3] - Six Fortune Group (00590.HK) reported a retail value increase of 26%, retail income increase of 17%, and same-store sales increase of 15% in Q3, exceeding expectations [3] - China Southern Airlines (01055.HK) reported a 11.89% increase in passenger capacity and a 19.28% increase in cargo capacity for December 2025 [6] Industry Insights - Tianfeng Securities noted that the Hong Kong stock market has a basis for short-term valuation recovery and sentiment improvement, but upward momentum may be constrained by high overseas interest rates [7] - The firm suggested a focus on technology and consumer sectors that are relatively undervalued [7] - According to Huatai Securities, the market is experiencing a shift towards a bullish sentiment, with historical data indicating a high probability of price increases following a period of panic [8] - Industry recommendations include prioritizing leading companies in the AI sector and exploring opportunities in insurance, banking, energy, and new consumption areas [8]

春节临近，企业采购正迎来效率与关怀兼顾的关键节点，为此，京东3C数码企业年货节暖心开启，为 企业提供一站式采购解决方案。即日起至2月14日，新注册企业用户可领取3000元采购补贴，采购指定 3C数码产品达量最高可返3000元京东E卡；耗材囤货每满3000减180、设备集采每满10000减300、手机 数码新品部分每满5000减200等多重优惠。与此同时，年货节期间京东还为企业采购主推商品提供延 保、上门、以换代修及新机开荒等专属服务权益。企业用户打开京东APP，搜索"企业年货节"，即可进 入会场查看活动信息，高效统筹各类采购需求。 确保日常办公流畅高效，是企业采购的核心诉求。本次年货节精选覆盖多岗位的办公核心硬件，帮助企 业实现性能与性价比兼顾。联想小新Pro16超能本性能卓越，可轻松应对设计、编程等多场景任务，企 业采购专享价5499元；iPhone 17 Pro凭借出色的性能与品牌认知度，成为商务往来与高管办公的优选， 购机达量可返至高3000元E卡；vivo S50则以其护眼屏与拍摄功能，适合作为员工办公通讯工具，企业 价低至92折，下单还赠送蓝牙音箱、无线耳机等实用好礼；华为MatePad Air则凭 ...

当你看到"京东"这两个字，你是会想到电商巨头？还是单纯将其视为一个与淘宝、拼多多对抗的竞争 者？ 可事实上，京东已经超越了阿里巴巴、华为，坐上了民营企业的"头把交椅"，迎来了属于它的巅峰时 刻。 如果把中国的电商大战比作是一场江湖厮杀，京东这位原本的"弱者"如何逆袭成功的？刘强东怎么在短 短几年内做到超越华为与阿里高度的呢？ 在电商领域，华为、阿里这些巨头早已把市场的竞争规则定得死死的。 阿里有支付帝国支付宝，华为则有全球领先的通讯设备技术和强大的研发力量，京东似乎并没有那么强 势，在众多人的眼里，京东不过是依靠着"物流"这点小聪明走上了电商的舞台。 然而，刘强东的野心并不止步于此，京东并没有让别人把它定义为"只会卖东西"的公司，它瞄准了"未 来"的大门，毅然决然地投入巨额资金进行自建物流。 渐渐地，京东不再仅仅是电商巨头，它有了属于自己的"硬核竞争力"。 2007年，京东还只是个不起眼的小电商，那时物流配送体系几乎都依赖第三方，这种外包模式不仅让货 物常常出现破损，甚至发生丢失的现象。 而京东的创始人刘强东，从一开始就坚持认为物流是电商的核心竞争力，决定了用户的体验和未来的发 展，为了改善这一点，他决定亲自 ...

Group 1 - Xunlei has filed a lawsuit against former CEO Chen Lei, accusing him of secretly siphoning off company funds, with the amount sought reaching 200 million yuan [4][5] - During Chen Lei's tenure, he allegedly established an external company to transfer assets and misappropriate company funds, totaling approximately 170 million yuan paid by a subsidiary [5] - The lawsuit comes after difficulties in internal anti-corruption efforts, particularly in gathering evidence against high-level management [4] Group 2 - Perfect World has announced a strict anti-corruption initiative, revealing that three employees have been detained for serious misconduct related to bribery [8][10] - The implicated employees were involved in key projects and are accused of inflating procurement prices and accepting bribes from suppliers [9][10] - The company emphasizes its commitment to legal accountability and cooperation with judicial investigations [10] Group 3 - JD.com has established a cultural tourism company, expanding its business model while emphasizing that all operations will revolve around supply chain efficiency [12] - The company aims to innovate within the tourism sector by leveraging its supply chain infrastructure and AI capabilities, rather than creating a generic OTA platform [12] - JD's strategy includes enhancing profitability for the tourism industry and tapping into the high spending potential of its JD PLUS members, which number 40 million [12] Group 4 - Ctrip is currently under investigation, with reports indicating that officials have begun interviewing employees and collecting devices for the inquiry [14] - The company has shown strong financial performance, with revenues of 47 billion yuan and a net profit of 29 billion yuan in the first three quarters of 2025, achieving a profit margin of 61.72% [14][15] - Ctrip's market position has improved significantly, ranking seventh among China's top internet companies, with a net profit of 19.9 billion yuan in Q3 2025 [14][15] Group 5 - The Step-Audio-R1.1 model from Jumpspace has topped the global rankings for native audio models, achieving a 96.4% accuracy rate [16][17] - This model is designed for real-time audio understanding and complex reasoning without additional latency, marking a significant advancement in voice technology [17] Group 6 - Gree Electric has announced a mid-year cash dividend of 5.585 billion yuan, representing a high payout ratio of approximately 38%-39% of its net profit for the first half of 2025 [32][33] - The company has maintained a consistent dividend policy over the past decade, reflecting its commitment to shareholder returns [33] Group 7 - SAIC Motor Corporation expects a net profit of 9 to 11 billion yuan for 2025, marking a substantial increase of 438% to 558% year-on-year [34] - The company reported a vehicle sales increase of 12.3% in 2025, with a record 1.643 million new energy vehicles sold, up 33.1% [34][35] Group 8 - Huawei's smartwatch market share has surpassed that of its smartphones, with over 30% of users being non-Huawei phone owners in China [36] - The company has seen a 42% year-on-year increase in smartwatch shipments, positioning it among the top five global smartwatch brands [36] Group 9 - Merge Labs, co-founded by Sam Altman, has raised $252 million for its brain-computer interface technology, aiming to connect humans and AI seamlessly [42][43] - The company plans to develop medical products initially, with a focus on enhancing human capabilities without invasive procedures [42][43]

过去一年，中国经济承压前行。1月份至11月份，社会消费品零售总额超过45.6万亿元，增长4.0%，消 费作为经济"压舱石"的作用稳固；截至12月底，全国经营主体数量达1.95亿户，涉税经营主体突破1亿 户，市场活力依然充沛。 与此同时，消费活力正从简单的货架流向新鲜的场景。看电影流行配火锅，毛肚伴着《哪吒2》；吃炸 鸡排要去景德镇，就想听鸡排哥说"做完你的做你的"；游客扎堆胖东来，哪怕不买东西，也得看看服 务"天花板"到底是啥样；为一只荣昌卤鹅追到重庆，为一口炖锅跑到广德……这种对"活人感"和"烟火 气"的追求，成了驱动市场的新密码，也向监管者提出了新考题。 如何呵护好这份追求品质与体验的"人气"？刚刚过去的2025年，从平台经济的规则重塑到对"内卷式"竞 争的精准纠偏，再到对新老业态交织风险的主动防范，我国展开了一系列行动。中国的市场治理，正坚 定地转向构建更高质量、更有温度、更可持续的发展生态。 规范引导平台经济—— 一杯"0元奶茶"的比拼 京东、淘宝、美团3家平台的"外卖大战"，无疑是贯穿整个2025年的话题。翻看2025年的外卖年度报 告，"预估摄入总热量"提醒我们一个夏天喝了多少杯"0元奶茶"；社交 ...