近年来中国皮肤治疗和护理市场增长迅速，根据灼识咨询报告，中国的皮肤病治疗与护理市场于2023年的市场规模为764 亿元，从2023年到2035年复合年增长率预计达到10.6%。德镁医药聚焦于皮肤健康领域，致力于实现皮肤领域主要疾病全覆 盖，截至目前其在售、在研产品共十余款，不乏重磅品种，如JAK1/2芦可替尼乳膏、IL-23益路取（替瑞奇珠单抗注射液）、 喜辽妥（多磺酸粘多糖乳膏）、抗IL-4Rα人源化单抗注射液MG-K10等，竞争力与市场潜力均十分突出。 商业化能力方面，德镁医药拥有650多名专业人员组成的自建商业化团队，销售网络覆盖超1万家医院、超10万家线下零售 药店，以及主流电商平台，占据有利竞争生态地位。据介绍，凭借卓越、行业领先的商业化能力，德镁医药2022年至2024年营 业收入分别为3.84亿元、4.73亿元和6.18亿元，年均复合增长率达到26.8%。 本报讯 （记者李雯珊）近日，康哲药业控股有限公司（以下简称"康哲药业"）发布公告，拟将旗下皮肤业务子公司德镁医 药分拆并于中国香港联交所主板上市。分拆计划拟通过实物分派形式推进，康哲药业将其所持全部德镁医药股份按比例无偿分 派给现有股东。德镁 ...

4月28日，沪上阿姨开启招股，拟全球发售241.134万股H股，定价区间介于95.57港元-113.12港元/股；引入盈峰控股、华宝股份为基石；预期将于5月8日正 式登陆港交所。 2025年以来，新茶饮上市热潮涌动，头部品牌扎堆敲钟。背后也暗涌着行业资本叙事的重构——当蜜雪冰城成为港股新一代"冻资王"，打破新茶饮的"破发 魔咒"，具备稀缺性的新茶饮企业成为投资者追逐的核心标的。 沪上阿姨凭借多元化的品牌布局，以及在下沉市场出的强劲渗透能力等，同样展现一定稀缺性，自然成为投资者寻找下一个"蜜雪冰城"的重要观察对象。 三大品牌覆盖多元需求，夯实稳健发展基础 目前，沪上阿姨旗下拥有沪上阿姨、沪咖及轻享版三个品牌，产品线涵盖现制饮料及现磨咖啡，价格带较宽，整体走质价比路线，充分满足消费者的多元需 求。而且可以看到，这三大品牌还在进化，不断增强市场竞争力。 这种多品牌运营能力在新茶饮行业中并不多见，展现独特的战略纵深和弹性。 其中，沪上阿姨主要提供鲜果茶、多料奶茶、轻乳茶、酸奶昔及袋装小食，定价通常介乎每款7元-22元，跨多个价格带。2024年4月，沪上阿姨启动品牌升 级，以摩登橙主色调+猎豹女士IP展现新的品牌形象， ...

Core Viewpoint - The marine engineering equipment manufacturing industry in China is experiencing high-quality development, significantly supporting the marine economy and the construction of a maritime power. The industry is projected to achieve a value-added of 103.2 billion yuan in 2024, representing a growth of 9.1% compared to 2023 [1][20]. Group 1: Industry Overview - The marine oil and gas engineering equipment sector is crucial for the development of marine resources, with advancements in technology leading to the establishment of various standards and series of equipment [1][4]. - Recent achievements include the construction of significant marine equipment such as the FPSO "Ocean Oil 119" and the semi-submersible production and storage platform "Deep Sea No. 1" [1][20]. - The utilization rates of marine drilling equipment in China are notably higher than the global average, with mobile drilling equipment at 93% [1][20]. Group 2: Industry Development History - The marine oil and gas engineering equipment industry in China began in the 1960s, initially relying on imported technology and equipment. Over the decades, the industry has evolved, with significant advancements in domestic capabilities [6]. - The introduction of policies supporting equipment localization has led to breakthroughs in key technologies, particularly in deepwater and ultra-deepwater equipment [6][8]. Group 3: Industry Policies - The Chinese government has implemented various policies to support the marine engineering equipment sector, including plans to enhance the production capacity of marine engineering products and accelerate the development of new equipment [8][10]. - The Ministry of Industry and Information Technology has also promoted the integration of 5G technology in marine applications, enhancing operational efficiency [8][10]. Group 4: Industry Chain - The marine oil and gas engineering equipment industry chain consists of upstream design and raw material supply, midstream manufacturing, and downstream service provision to oil service companies and operators [11]. Group 5: Market Trends - The industry is expected to see continued demand growth, particularly in deepwater and unconventional resource development, driven by technological advancements and the push for sustainable practices [29][30][32]. - The focus on green technology and low-carbon solutions is becoming increasingly important, with a shift towards renewable energy equipment and environmentally friendly materials [30][32]. Group 6: Key Companies - Major players in the industry include CNOOC Engineering, CNOOC Services, and China Shipbuilding Industry Corporation, which dominate various segments of the marine oil and gas exploration and production equipment market [22][23]. - CNOOC Engineering is recognized as the largest marine oil and gas engineering contractor in the Asia-Pacific region, while CNOOC Services is a leading offshore drilling contractor [25][27].

Core Viewpoint - The recent launch of the Labubu 3.0 series by Pop Mart has sparked an unprecedented buying frenzy, with consumers facing long queues and significant price markups in the secondary market, despite mixed reviews on the product's aesthetics [1][5][9]. Group 1: Market Dynamics - The Labubu 3.0 series has seen a surge in demand, with pre-orders for the product already sold out, leading to resale prices significantly higher than the original retail price, such as a set priced at 599 yuan being resold for 1000 to 2000 yuan [5][28]. - The secondary market for Labubu collectibles is thriving, with hidden variants fetching prices as high as 1220 yuan each, indicating a strong speculative interest among consumers [5][28]. - The previous Labubu and Vans collaboration saw prices soar to as high as 30,000 yuan, showcasing the potential for collectibles to transform into luxury items [7][28]. Group 2: Consumer Sentiment - Despite the high demand, the Labubu 3.0 series has received negative feedback regarding its design, with many consumers expressing disappointment upon receiving the product, leading to a wave of criticism on social media [9][11][28]. - The contrast between the product's marketing and the actual consumer experience has led to a phenomenon where consumers question their purchasing decisions, reflecting a disconnect between expectation and reality [11][21][28]. Group 3: Brand Positioning and Strategy - Labubu has emerged as Pop Mart's strongest IP, generating 30.4 billion yuan in revenue last year, a staggering increase of over 700% year-on-year, surpassing the company's previous flagship IP, Molly [28]. - The appeal of Labubu lies in its unique design that resonates with the Z generation's desire for individuality and self-expression, despite its unconventional and "ugly" aesthetic [30][32]. - Pop Mart's strategy of leveraging scarcity and hype through limited releases has effectively created a "hunger marketing" environment, driving consumer demand and secondary market speculation [32][38]. Group 4: Cultural and Competitive Landscape - Unlike Disney, which builds its IPs on deep narratives and emotional connections, Pop Mart's approach has focused more on visual appeal and immediate consumer engagement, which may limit long-term brand loyalty [43][51]. - The lack of a comprehensive narrative or cultural depth in Pop Mart's IPs, including Labubu, has resulted in a superficial consumer experience, contrasting with Disney's immersive storytelling [44][49]. - While Pop Mart has achieved remarkable short-term success, the company faces challenges in establishing a sustainable brand identity and emotional connection with consumers, which are crucial for long-term growth [51].

港股泰凌医药(01011.HK)涨近14%，公司发新股收购人工智能医疗业务，涉资1.2亿元。 ...

证券之星消息，4月29日中信保诚基金管理有限公司发布《中信保诚景华债券型证券投资基金D类份额 暂停大额申购、大额转换转入及大额定期定额投资业务的公告》。公告中提示，为保护现有基金份额持 有人的利益，加强基金投资运作的稳定性，自2025年4月29日起中信保诚景华债券型证券投资基金D类 份额暂停大额申购、大额转换转入及大额定期定额投资业务，下属分级基金调整明细如下： | 分级基金简称 | 代码 | 是否暂停（大额）申购 | 申购限额 转入限额 定投限额 | | --- | --- | --- | --- | | | | (转入转出、赎回、定投） | (元) (元) (元) | | 中信保诚景华A | 550012 | 合 | | | 中信促诚昌华c 550013 | | KO | | | 中信使调書交》 020963 | | 분 | 1000.00万 1000.00万 | 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 注:中信保诚景华债券型证券投资基金（以下简称"本基金"）D类份额自2025年4月29日起暂停1000万元 以上（不含1 ...

然而，国金证券研究所认为，相较于寄希望于"顺周期"的传统复苏传导路径，消费领域的"分子端"韧性或边际修复，更可能主要源自两个关键方向：一是聚 焦于那些行业自身仍具备成长性逻辑的领域，二是关注那些具备政策支撑逻辑的细分方向。随着二季度财政政策的进一步发力，这些领域有望率先受益，从 而推动消费市场的进一步复苏。如果这两个因素能够叠加发挥作用，那么相关领域的复苏前景将更为乐观。 那么，哪些板块或赛道有望脱颖而出，成为消费复苏的亮点呢？ 随着上市公司"一季报"的陆续披露，答案逐渐清晰。日前，专注于"全家庭营养健康"赛道的健合（H&H）国际控股有限公司(01112.HK)（以下简称"健合集 团"）发布了一季度财报，表现可圈可点。截至2025年3月31日的三个月内，健合集团营收同比增长10.4%，达到31.7亿元人民币。其中，中国市场成为集团 营收的最大贡献者，增长达18.1%，占集团总收入的68.8%。 龙头企业的率先且显著复苏，往往被视为行业景气度的重要指标。健合集团的优异表现，为投资者提供了一个值得思考的角度：相关赛道是否正在迎来回暖 的契机？ 在全球外需冲击持续加剧的复杂背景下，我国促消费政策不断加码落地，居民收 ...

中新网临沧4月28日电 (罗婕 熊姗姗)28日，正在云南省临沧市举行的第三届临沧·百国华侨华人联谊会 (下称"百侨会")正式发布百国华侨华人资源大模型——"智慧熊猫"第四代AI社交平台，以AI赋能，扩大 全球华侨华人交流合作的朋友圈。 4月28日，百国华侨华人资源大模型——"智慧熊猫"第四代AI社交平台在云南临沧发布。白玲 摄 4月28日，百国华侨华人资源大模型智算中心建设框架合作协议签约。临沧市融媒体中心 供图 发布会上，百国华侨华人资源大模型智算中心建设框架合作、"智慧熊猫"第四代AI社交平台数据资产运 营服务合作和总体建设运营管理合作等多项合作协议签约，进一步确保全球华侨华人用户能够享受到高 效、稳定的服务体验。(完) 百侨会自2023年创办以来，已成为临沧市扩大国际影响力的重要窗口。本届活动吸引来自112个国家和 地区的298名华侨华人、港澳台同胞、海内外知名企业代表等参加。 三年来，百侨会从推出"百乔汇"门户网站、手机APP等平台，发展至如今的百国华侨华人资源大模型， 持续以数字赋能华侨华人服务工作。这已成为当地践行共建"一带一路"倡议、建设面向南亚东南亚辐射 中心的创新实践，更是"数字侨务"迈向A ...

智通财经APP讯，51信用卡(02051)发布公告，在2025年4月28日于德国柏林举行的"iF Design Award Night 2025"颁奖典礼上，公司全资附属公司杭州瓦啦网络科技有限公司("瓦啦科技")旗下创新产品—电 动折叠摩托车"TinyCase"荣获2025年度"iF Design Award"最高荣誉"iF Gold Award"。 "TinyCase"採取可折叠化设计，能够轻鬆放入汽车后备箱，成为用户旅行途中的理想伙伴。作为本公司 Vala汽车业务的重要组成部分，"TinyCase"的此次获奖不仅彰显了本公司前沿的设计理念，更充分体现 了本公司在提升Vala用户体验方面的不懈追求。未来，本公司将秉持"重新定义汽车生活方式"的理念持 续创新，为客户提供具有科技感的智能产品，让更多客户能够体验到Vala所带来的生活方式的改变。 以上奖项的获得对Vala汽车业务的推广和应用将产生积极的作用，提请本公司的股东及潜在投资者于买 卖本公司股票时注意投资风险。 "iF Design Award"由德国歷史最悠久的工业设计机构"汉诺威工业设计论坛"(iF Industrie Forum Design)创 ...

商报讯(记者苗露)随着旗下人气IP LABUBU在全球发售第三代搪胶毛绒产品"前方高能"系列，泡泡玛特 近期不仅在全球范围内引起抢购风潮，也让自身股价走上了"狂飙车道"。昨日早盘，泡泡玛特股价就一 路高升，让投资者信心倍增。午后，其股价依旧维持高位调整，最终收涨12.01%，报193港元/股，流通 市值达2591.9亿港元。统计发现，泡泡玛特股价年内已累计上涨超113%。事实上，随着近期多地推出 促消费政策，叠加"五一"假期临近，包括泡泡玛特等潮玩股在内的新消费个股股价频频创出历史新高。 机构普遍认为，在提振内需、促进消费的明确方向下，消费政策预期持续受到关注，目前市场预期升温 已有所体现。 年内股价翻番泡泡玛特"涨疯了" 昨日早盘，泡泡玛特股价一骑绝尘，一路冲高。此等态势延续了一整天，截至昨日下午收盘，泡泡玛特 收涨12.01%，报193港元/股，流通市值达2591.9亿港元。截至目前，泡泡玛特股价年内已累计上涨超 113%。同时，A、H股相关谷子经济概念板块亦集体拉升。 消息面上，七麦数据显示，4月25日，泡泡玛特官方应用登顶美国APP Store购物榜，这也是该官方应用 在购物榜的首次登顶，同时泡泡玛特 ...