当地时间18日上午，缅甸第三届民族院（上议院）首次会议在内比都举行。经众议员投票，昂林堆当选 民族院新任议长，杰鹏瑙当当选新任副议长。会议当天共有213名议员出席。 缅甸联邦议会由人民院和民族院组成，共设664个议席（含军人非选举议席），其中人民院440席、民族 院224席。 新联邦议会将推选新总统，由新总统组建联邦政府。（总台记者 林曦） 昂林堆为缅甸国防与安全委员会办公室执行主任，此次以曼德勒省民族院议员身份当选。杰鹏瑙当为缅 甸体育与青年事务部部长，此次以克钦邦民族院议员身份当选。 ...

3月18日，晨星分析师Ivan Su在一份报告中表示，苹果公司削减其中国大陆App Store向游戏开发者收取 的佣金，这对腾讯和网易是一个有利因素。她预计，苹果公司的降费，加上谷歌降低其Play Store服务 费，可能会改善这些中国游戏公司的利润率，并使其营业利润今年因此提升低个位数百分比。 美股频道更多独家策划、专家专栏，免费查阅>> 责任编辑：栎树 她补充说，如果包括华为和小米集团运营的那些Android应用商店也纷纷效仿，那么这两家公司的营业 利润可能会上升中到高个位数百分比。晨星维持对腾讯800.00港元和对网易200.00美元的合理价值估 计，并指出这两只股票仍被严重低估。 ...

对于华润万象生活零售业务方面，该行认为今年同店销售增长超过10%及整体零售销售增长超过15%的 能见度有所提升。物业管理业务方面，现预期一线城市楼价将在2026年下半年大致回稳，缓解住户增值 服务、费用收取及服务定价的压力。因此，随着物业市场低迷的拖累开始减退，该行将物业管理业务 2026财年盈利目标倍数由10倍上调至15倍。购物中心管理及办公室管理业务的目标倍数维持不变，综合 市盈率则由22倍轻微上升至23倍。 美银证券发布研报称，将华润万象生活(01209) 的目标价由46港元上调至50港元，重申"买入"评级。 该行亦轻微上调华润万象生活的2026至2027财年盈利预测，以反映增值服务业务的不利因素减少，并继 续看好华润万象生活，因其租户销售增长高于平均水平，且为中国消费进一步回稳的受惠者。 ...

花旗发布研报称，维持对港灯-SS(02638)的"中性"评级，基于受规管资产回报率保证，2026至2028年预 测每年可持续股息率为4.7%。惟4.7%的股息率看来不太吸引，仅较美国10年期国债收益率高出0.5个百 分点，息差收窄。基于直接成本增加，该行下调2025至2026年预测纯利1.7%至4.8%，目标价由6.6港元 上调至7港元。 港灯2025年股份合订单位持有人应占溢利同比增长1.2%至31.49亿港元，较市场预测低3.4%。该行将盈 利轻微逊预期归因于直接成本同比增长7.9%至60.41亿港元，增幅高于预期。长期而言，基于受规管资 产基础扩大，盈利应温和增长，从而带来监管保证的8%资产回报率。其末期股息同比持平于每股16.09 港仙，符合该行预期。在香港公用事业板块中，该行偏好粤海投资(00270)，其2026年预测股息率高达 6.1%。 ...

该行亦轻微上调华润万象生活的2026至2027财年盈利预测，以反映增值服务业务的不利因素减少，并继 续看好华润万象生活，因其租户销售增长高于平均水平，且为中国消费进一步回稳的受惠者。 智通财经APP获悉，美银证券发布研报称，将华润万象生活(01209) 的目标价由46港元上调至50港元， 重申"买入"评级。 对于华润万象生活零售业务方面，该行认为今年同店销售增长超过10%及整体零售销售增长超过15%的 能见度有所提升。物业管理业务方面，现预期一线城市楼价将在2026年下半年大致回稳，缓解住户增值 服务、费用收取及服务定价的压力。因此，随着物业市场低迷的拖累开始减退，该行将物业管理业务 2026财年盈利目标倍数由10倍上调至15倍。购物中心管理及办公室管理业务的目标倍数维持不变，综合 市盈率则由22倍轻微上升至23倍。 ...

智通财经APP获悉，花旗发布研报称，维持对港灯-SS(02638)的"中性"评级，基于受规管资产回报率保 证，2026至2028年预测每年可持续股息率为4.7%。惟4.7%的股息率看来不太吸引，仅较美国10年期国 债收益率高出0.5个百分点，息差收窄。基于直接成本增加，该行下调2025至2026年预测纯利1.7%至 4.8%，目标价由6.6港元上调至7港元。 港灯2025年股份合订单位持有人应占溢利同比增长1.2%至31.49亿港元，较市场预测低3.4%。该行将盈 利轻微逊预期归因于直接成本同比增长7.9%至60.41亿港元，增幅高于预期。长期而言，基于受规管资 产基础扩大，盈利应温和增长，从而带来监管保证的8%资产回报率。其末期股息同比持平于每股16.09 港仙，符合该行预期。在香港公用事业板块中，该行偏好粤海投资(00270)，其2026年预测股息率高达 6.1%。 ...

Core Viewpoint - Country Garden is reportedly recalling a significant number of former employees, emphasizing the importance of talented individuals for sustainable development [2] Group 1: Talent Management - The company states that its talent recruitment strategy is based on actual business needs, utilizing a comprehensive selection process that includes internal talent, re-hiring excellent former employees, and external recruitment [2] - The adjustment of the "Rehiring Management Policy for Departed Employees" is described as a routine revision of existing policies rather than a new policy introduction [2] Group 2: Internal Management - Country Garden has established a regular internal management review mechanism, which annually assesses and optimizes existing systems based on operational realities and management needs [2]

Core Viewpoint - Bohai Bank has been awarded the "Outstanding Anti-Fraud Case" for its comprehensive anti-fraud system that protects financial consumers' assets through technology, collaboration, and education [1][6]. Group 1: Technology Empowerment - Bohai Bank utilizes advanced technologies such as big data and artificial intelligence to create an intelligent anti-fraud risk control model that monitors transactions 24/7 across all channels [2][8]. - The bank has established the "Tianjin Anti-Fraud Data Sharing and Exchange Platform," enabling real-time communication between the bank and law enforcement, facilitating quick verification of suspicious transactions [2][8]. Group 2: Police-Bank Collaboration - Bohai Bank collaborates with local police and anti-fraud centers to conduct educational campaigns in communities, schools, and senior centers, promoting awareness of fraud tactics [3][9]. - The bank has organized the "Bohai Bank Cup" Tianjin Anti-Fraud Short Video Competition, collecting 3,675 entries and achieving over 140 million views, enhancing the reach and effectiveness of anti-fraud education [3][9]. Group 3: Consumer Awareness and Education - Bohai Bank has published case compilations to analyze real fraud cases, focusing on key areas such as credit repair and investment scams, to improve consumer awareness [4][10]. - The bank has produced educational content, including the award-winning short video "Anti-Fraud Analysis," which conveys essential anti-fraud knowledge and promotes the concept of collaboration between police and banks [4][10]. Group 4: Practical Outcomes - In 2025, Bohai Bank implemented protective measures for 32,000 suspected victims, successfully recovering over 400 million yuan in potential losses and preventing illegal fund transfers [5][11]. - The establishment of the anti-fraud system has enhanced the bank's consumer protection framework and reinforced its commitment to being a responsible financial institution [5][11].

Financial Performance - Geely Automobile reported a total revenue of 345.2 billion yuan for the year 2025, representing a year-on-year growth of 25%, marking a historical high [3] - The core net profit attributable to shareholders reached 14.41 billion yuan, up 36% year-on-year, indicating a high-quality growth trend as the core profit growth outpaced revenue growth [3] - Gross profit increased to 57.3 billion yuan, a 25% year-on-year rise [3] - By the end of 2025, total cash levels rose by 46% to 68.2 billion yuan, reflecting a robust and ample financial reserve [3] - Profit attributable to shareholders was 16.852 billion yuan, remaining stable compared to the previous year [3] - The board proposed a final dividend of 0.50 Hong Kong dollars per ordinary share, a 52% increase year-on-year [3] Sales Performance - Geely's total sales volume for 2025 reached 3.0246 million units, a 39% increase year-on-year, exceeding the revised annual target of 3 million units [3] - Wholesale volume in China showed strong performance, increasing by 48% to 2.6045 million units [3] - Export wholesale volume also saw growth, rising by 1% to 420,100 units [3] Future Outlook - For 2026, Geely has set a sales target of 3.45 million units, representing an approximate 14% growth compared to 2025 [4] - The company announced that 2026 will be a "product year," planning to launch multiple new models covering various segments from mainstream to luxury and from fuel to new energy vehicles [4] - The capital expenditure budget for 2026 is approximately 16 billion yuan, primarily allocated for the development of new models and smart technology, as well as upgrades to existing production facilities [4]

本集团的中高端品牌领克稳步发展，全年销量达35.05万辆，同比增长23%，其中新能源产品占比提升 至65%，年内推出热销车型领克900及领克10EM-P。本集团的豪华新能源品牌极氪持续推动品牌向上， 全年销量达22.41万辆，同比增长1%，年内推出的极氪9X于11月及12月连续两个月成为中国人民币50万 元以上大型SUV的销量冠军。2025年，本集团新能源汽车销量同比增长90%至168.78万辆，占总销量比 例提升至56%，位列全球新能源汽车销量第二位。 2025年，本集团总销量同比增长39%，其中主流新能源品牌吉利银河增长最为显著，带动本集团总收入 同比上升25%，达到人民币3452亿元，再度创下历史新高。在主流市场新能源汽车产品销量占比大幅提 升的带动下，本集团受惠于规模效应、新能源架构的成本效益及高端化产品的推出，即使面对行业激烈 的价格竞争，毛利仍同比增长25%，毛利率为16.6%，同比微升0.1%。 吉利汽车(00175)发布截至2025年12月31日止年度业绩，该集团期内取得收入3452.32亿元(人民币，单位 下同)，同比增加25%;归属于母公司拥有人的利润168.52亿元，同比增加0.24%; ...