Core Insights - AIX global enterprise financing incubation platform aims to redefine the growth logic of companies in the Web3 era by providing comprehensive support for businesses from startup to growth, addressing traditional financing challenges such as lengthy IPO processes and high compliance costs [1][10]. Group 1: Capital Attributes - AIX breaks the traditional financing "time gap" by allowing companies to possess capital attributes of a public company from the moment they join the platform, utilizing blockchain technology for equity digitization and direct access to global investor resources [2][4]. - The average financing cycle for companies incubated by AIX is reduced by over 60% compared to traditional methods, significantly enhancing early-stage financing efficiency [4]. Group 2: Consumer as Investor - AIX introduces a "consumer as shareholder" mechanism, where every purchase made by consumers on the platform is automatically converted into digital equity certificates, transforming consumers into micro-shareholders and enabling them to share in future growth [5][7]. - This model enhances the relationship between companies and consumers, leading to increased cash flow for businesses and a shift in consumer behavior from expenditure to investment, as evidenced by a 40% increase in repurchase rates for a biotech company after joining AIX [7]. Group 3: Compliance and Technology - AIX provides a secure development environment under a comprehensive regulatory framework, supported by its strong founding partners and global compliance layout, including SEC registration and licenses from FinCEN and MiCA [8]. - The combination of technology and compliance ensures the legality of the financing process and employs AI-driven risk monitoring to help companies navigate potential issues in cross-border capital flows [8]. Conclusion - AIX serves as an "accelerator for enterprise growth" in the Web3 era, breaking traditional financing boundaries and allowing companies to focus on innovation and market expansion, ultimately transforming the vision of a "Web3 version of Nasdaq" into reality [10][11].

12月29日，依米康盘中上涨2.12%，截至11:20，报14.94元/股，成交1.16亿元，换手率2.10%，总市值 65.81亿元。 依米康所属申万行业为：计算机-计算机设备-其他计算机设备。所属概念板块包括：百度概念、大数 据、互联医疗、数字经济、区块链等。 截至9月30日，依米康股东户数6.27万，较上期增加4.88%；人均流通股5958股，较上期减少4.65%。 2025年1月-9月，依米康实现营业收入10.64亿元，同比增长52.61%；归母净利润2764.72万元，同比增长 273.71%。 分红方面，依米康A股上市后累计派现5107.09万元。近三年，累计派现0.00元。 机构持仓方面，截止2025年9月30日，依米康十大流通股东中，香港中央结算有限公司位居第七大流通 股东，持股189.98万股，为新进股东。 责任编辑：小浪快报 资金流向方面，主力资金净流入129.90万元，特大单买入1321.76万元，占比11.42%，卖出1018.98万 元，占比8.81%；大单买入2025.20万元，占比17.50%，卖出2198.08万元，占比19.00%。 依米康今年以来股价涨16.90%，近5个交 ...

2025年的 Web3 生态正经历从"概念验证"到"价值落地"的关键转折。当链游泡沫逐渐退去，X to Earn（行为即挖矿）与 RWA（真实世界资产代币化）两大范 式，正以更务实的姿态重构数字经济底层逻辑。这场变革不仅关乎技术突破，更是一场关于价值分配规则的革命——它让普通用户从"数据提供者"转变 为"价值创造者"，让传统资产从"沉睡状态"进化为"流动资本"。 一、X to Earn：从流量游戏到价值共生 1. 模式进化：从"庞氏陷阱"到可持续生态 早期 Play to Earn（P2E）链游的崩盘，暴露了单一经济模型的致命缺陷：当新用户增长停滞，代币价值必然崩塌。而新一代 X to Earn 项目通过三大创新突 破困局： 2. 场景渗透：从娱乐到生产力的全面覆盖 X to Earn 的边界正在不断扩展： 2. 合规挑战：在监管红线上跳舞 多维度价值锚定：Future Star 平台将短视频创作、运动健身、元宇宙社交等行为与 NFT 挖矿深度绑定，用户通过持有 Star NFT 参与不同场景的"价值 生产"，形成"创作-消费-再投资"的闭环。例如，用户上传短视频可获得算力加成，运动数据可提升 NFT 等级， ...

青岛双星今年以来股价涨47.07%，近5个交易日涨7.93%，近20日涨4.98%，近60日涨19.82%。 12月29日，青岛双星盘中上涨2.19%，截至09:49，报6.53元/股，成交3297.93万元，换手率0.63%，总市 值53.33亿元。 资金流向方面，主力资金净流入186.43万元，特大单买入127.58万元，占比3.87%，卖出102.86万元，占 比3.12%；大单买入930.43万元，占比28.21%，卖出768.72万元，占比23.31%。 截至9月30日，青岛双星股东户数4.77万，较上期减少9.00%；人均流通股17114股，较上期增加9.88%。 2025年1月-9月，青岛双星实现营业收入34.92亿元，同比增长5.12%；归母净利润-2.61亿元，同比减少 44.00%。 分红方面，青岛双星A股上市后累计派现1.75亿元。近三年，累计派现0.00元。 责任编辑：小浪快报 今年以来青岛双星已经5次登上龙虎榜，最近一次登上龙虎榜为10月31日，当日龙虎榜净买入-477.87万 元；买入总计7919.29万元 ，占总成交额比8.54%；卖出总计8397.16万元 ，占总成交额比9.0 ...

Company Overview - Sifang Jingchuang has seen its stock price increase by 123.83% year-to-date, with a recent 4.92% rise over the last five trading days and a 10.52% increase over the last 20 days, although it has decreased by 7.24% over the last 60 days [2] - The company has made nine appearances on the stock market's "Dragon and Tiger List" this year, with the most recent being on August 14, where it recorded a net purchase of 9.47 billion yuan [2] - Sifang Jingchuang was established on November 21, 2003, and went public on May 27, 2015, focusing on providing full-process solutions for financial institutions, including digital transformation and traditional business services [2] Financial Performance - As of September 30, Sifang Jingchuang reported a total of 11.68 million shareholders, a decrease of 15.97% from the previous period, with an average of 4,537 circulating shares per shareholder, an increase of 19.01% [3] - For the period from January to September 2025, the company achieved a revenue of 453 million yuan, a year-on-year decrease of 14.46%, while the net profit attributable to shareholders was 66.89 million yuan, reflecting a year-on-year increase of 27.36% [3] Shareholder Information - Since its A-share listing, Sifang Jingchuang has distributed a total of 300 million yuan in dividends, with 117 million yuan distributed over the past three years [4] - As of September 30, 2025, the top ten circulating shareholders include notable funds such as Huabao Zhongzheng Financial Technology Theme ETF and Southern Zhongzheng 1000 ETF, with varying changes in their holdings [4]

Core Insights - Trip.com, a platform under Ctrip, has launched a global stablecoin payment feature supporting USDT and USDC, allowing users to save up to 18% on flight bookings in regions like Vietnam [1][46][48] - This initiative addresses the gap in traditional financial systems, providing a payment solution for over 80% of the global population who lack access to international credit cards or bank accounts [3][10][48] - Ctrip's approach is characterized by a low-profile implementation, contrasting with other companies that have made high-profile announcements without substantial progress [5][50] Payment Functionality - The stablecoin payment system allows users to book hotels and flights using multiple public blockchains, simplifying the payment process to just requiring a name and email for hotel bookings [7][8][52] - The payment gateway and settlement support are provided by Triple-A, a licensed institution in Singapore, ensuring compliance and security [8][53] Market Context - The emergence of stablecoin payments is seen as a necessary evolution, particularly for users in high-inflation countries like Turkey, Egypt, and Bolivia, where residents use stablecoins to hedge against currency devaluation [10][55][64] - The global market for stablecoins is rapidly expanding, with a current market cap of nearly $260 billion, accounting for 97% of cryptocurrency trading volume [65] Strategic Implications - Ctrip's stablecoin initiative is part of a broader financial strategy that has been in development since 2013, aiming to create a comprehensive financial ecosystem [14][59] - The choice of Singapore as a base for the payment service reflects a commitment to regulatory compliance and a favorable business environment for cryptocurrency [14][60] User Experience - The payment process is designed to be user-friendly, with minimal information required for hotel bookings, enhancing privacy and reducing data collection [35][63] - The stablecoin payment feature is currently in a testing phase, with expectations that it will lead to cheaper international travel and more innovative products in the future [68][80] Industry Impact - Ctrip's move is likely to inspire other players in the online travel agency (OTA) sector to explore similar payment solutions, potentially reshaping the industry landscape [80] - The integration of blockchain technology in travel could lead to new business models, including smart contracts for travel insurance and NFT-based products [80][82]

文/中国人民银行党委委员、副行长 陆磊 党的二十届四中全会审议通过的《中共中央关于制定国民经济和社会发展 第十五个五年规划的建议》提出"加快建设金融强国" "稳步发展数字人民 币"，为今后一个时期数字人民币发展和完善提供了行动指南。面向经济 社会数字化、智能化发展趋势，为深入贯彻习近平总书记关于金融工作的 重要论述，顺应实体经济和金融体系对数字人民币发行、流通、使用的新 需求，把握国际货币体系演进的历史趋势，切实提升数字人民币管理质效 和服务能力，在总结十年研发试点经验基础上，中国人民银行出台了《关 于进一步加强数字人民币管理服务体系和相关金融基础设施建设的行动方 案》（以下简称"《行动方案》"），新一代数字人民币计量框架、管理体 系、运行机制和生态体系将于2 026年1月1日正式启动实施。 一、坚持与时俱进把握数字人民币定位和发展方向 习近平总书记明确要求，"坚持在市场化法治化轨道上推进金融创新发展。金融的安全靠制度、活力在市场、秩序靠法治"。随着2008年国际金融 危机爆发，数字资产、加密货币和新型支付工具层出不穷。这既是经济数字化、智能化在金融领域的客观反映，也带来了影子银行、金融脱媒等 一系列微观宏观 ...

Core Viewpoint - The 20th Central Committee's Fourth Plenary Session has approved the "Suggestions on Formulating the 15th Five-Year Plan for National Economic and Social Development," emphasizing the acceleration of building a financial powerhouse and the steady development of the digital RMB, providing a roadmap for its future development and improvement [1] Group 1: Digital RMB Development Direction - The digital RMB's positioning and development direction must align with market-oriented and legal frameworks, addressing the challenges posed by modern digital payment tools and ensuring effective monetary control [2] - The People's Bank of China (PBOC) initiated research and closed testing of digital RMB in 2014, establishing a management system and operational mechanism based on extensive trials and evaluations [3] Group 2: Current Achievements and Capabilities - The domestic and cross-border trials of digital RMB have shown positive results, with the digital RMB demonstrating capabilities as a universal mixed currency, programmable currency, efficient regulatory currency, and full-scenario currency [4] - As of November 2025, digital RMB has processed 3.48 billion transactions, amounting to 16.7 trillion yuan, with 230 million personal wallets opened [4] Group 3: Challenges Faced by Central Banks - Central banks globally face challenges in recognizing the impact of rapidly evolving digital payment tools on monetary control, requiring a balance between low-cost, high-efficiency digital payment methods and effective macroeconomic regulation [5] - The development of digital cash poses risks of financial disintermediation, as it operates independently of financial intermediaries, potentially affecting liquidity in the banking system [6] Group 4: Digital RMB Management Framework - The "Action Plan" outlines a transition from digital cash to digital deposit money, with the digital RMB being a modern payment and circulation tool supported by the central bank and compatible with distributed ledger technology [8] - The dual-layer operational framework of the digital RMB, which involves both the central bank and commercial banks, has been recognized as a global standard for ensuring financial stability [9][10] Group 5: Risk Management and Regulatory Framework - The "Action Plan" emphasizes the need for a clear delineation of responsibilities between the central bank and commercial banks to mitigate risks associated with financial disintermediation and shadow banking [11] - The establishment of a digital RMB management committee and the use of advanced regulatory technologies like AI and big data are crucial for enhancing regulatory capabilities and ensuring financial stability [18]

一、坚持与时俱进把握数字人民币定位和发展方向 习近平总书记明确要求，"坚持在市场化法治化轨道上推进金融创新发展。金融的安全靠制度、活力在 市场、秩序靠法治"。随着2008年国际金融危机爆发，数字资产、加密货币和新型支付工具层出不穷。 这既是经济数字化、智能化在金融领域的客观反映，也带来了影子银行、金融脱媒等一系列微观宏观金 融风险挑战。面对新形势，主要经济体中央银行、国际组织纷纷开始中央银行数字现金（Central Bank Digital Currency，CBDC）研发。2018年，国际清算银行定义中央银行数字现金为"中央银行发行的价 值/区块链模式的数字现金"。欧洲中央银行则定义为"一种以数字形式提供给公民和企业用于零售支付 的央行负债"。这些经济体和国际组织从中央银行职责视角审视数字货币。 我国数字人民币的研究和开发起步较早。2014年，在党中央、国务院的统一部署下，中国人民银行启动 理论研究和封闭测试。2016年，中国人民银行提出了具有数字货币特征的电子支付工具（DC/EP）的法 定数字货币理论框架构想，审慎科学稳健试点探索数字人民币（e-CNY）管理体系和运行机理。经反复 论证和开放试点，初步构建 ...

外汇市场正经历由技术创新引领的深刻变革，以FPG平台为代表的新兴技术力量将持续推动行业的透明化、高效化和智能化发展。未来趋势将聚焦人工智能 深度应用、区块链安全升级、跨市场协同发展及用户服务体系优化。本文探讨技术如何重塑资源配置逻辑、提升全球市场流动性管理效率，为参与者创造更 稳定、透明的价值管理环境。 随着金融科技的高速迭代，外汇市场的运转逻辑正发生结构性转变。FPG平台通过融合前沿技术，在多维度重构市场生态体系： 智能算法驱动市场进化 " " -1.0 r i r - l 0 基于机器学习的预测模型正逐步取代传统分析模式。FPG平台集成海量经济指标与历史波动数据，通过自然语言处理技术实时解析全球财经资讯，生成动态 市场评估图谱。智能风控引擎可自动识别异常波动模式，为参与者提前构建防护机制。这种算法驱动的决策支持显著降低了信息处理成本，使资源配置更具 前瞻性。 区块链构建可信基础设施 分布式账本技术正在解决外汇市场的核心痛点。FPG平台探索的跨机构结算网络，通过智能合约实现交割流程自动化，将传统T+1结算周期压缩至分钟级。 数字身份认证系统确保参与方信息可验证且不可篡改，有效解决跨境协作中的信任难题。该技术 ...