海通国际近日研报指出，蜜雪冰城计划持续打造并强化以"供应链+品牌IP+门店运营"为核心的竞争力， 力争实现"三位一体的总成本领先"。国内将在持续进入空白点位的同时，抓住下沉市场高速发展机遇， 依托强大供应链和门店管理能力继续下沉渗透；海外市场中，东南亚发展稳中求进，持续优化业务能 力，中亚、美洲等新市场将逐渐发力。 消息面上，北京时间12月20日，蜜雪冰城洛杉矶好莱坞店正式营业。据悉，门店位于星光大道"中国剧 院"对面，凭借1.19美元冰淇淋等平价产品与本地化菜单，吸引当地消费者打卡。截至目前，蜜雪冰城 的海外布局已拓展至13个国家。 智通财经APP获悉，蜜雪集团(02097)涨超5%，截至发稿，涨5.06%，报415港元，成交额8145.65万港 元。 ...

消息面上，北京时间12月20日，蜜雪冰城洛杉矶好莱坞店正式营业。据悉，门店位于星光大道"中国剧 院"对面，凭借1.19美元冰淇淋等平价产品与本地化菜单，吸引当地消费者打卡。截至目前，蜜雪冰城 的海外布局已拓展至13个国家。 蜜雪集团(02097)涨超5%，截至发稿，涨5.06%，报415港元，成交额8145.65万港元。 海通国际近日研报指出，蜜雪冰城计划持续打造并强化以"供应链+品牌IP+门店运营"为核心的竞争力， 力争实现"三位一体的总成本领先"。国内将在持续进入空白点位的同时，抓住下沉市场高速发展机遇， 依托强大供应链和门店管理能力继续下沉渗透；海外市场中，东南亚发展稳中求进，持续优化业务能 力，中亚、美洲等新市场将逐渐发力。 ...

Summary of Conference Call Records Industry Overview - **Consumer Sector Outlook**: The consumer sector is expected to face challenges in the first half of 2026 due to the tapering of the trade-in policy, which may lead to a slowdown in durable goods consumption. However, service consumption is showing strong internal momentum, with growth expected in sectors like elderly care and home services, which may receive more policy support [1][4][5]. Key Points and Arguments - **Consumer Data Trends**: In November 2025, retail sales growth fell to 1.3%, the lowest of the year, primarily due to the early Double Eleven promotions, the impact of the trade-in policy, and weakened consumer confidence due to falling housing prices [2][3]. - **Trade-in Policy Impact**: The decline in the trade-in policy is anticipated to negatively affect consumer spending in early 2026, particularly in durable goods like home appliances and automobiles, which are expected to see continued low growth [3][21]. - **Service Consumption Growth**: Service retail growth has increased from 4.9% at the beginning of the year to 5.4%, with significant contributions from education and dining sectors [4]. - **Investment Recommendations**: Focus on the AI industry and emerging sectors like pet economy and trendy toys. Real estate is expected to recover by 2026-2027, benefiting related industries [1][6][7]. Important but Overlooked Content - **High-End Consumption and Travel Chain**: The service sector in 2026 will focus on high-end consumption and travel, with recommendations for companies in the duty-free, hotel, aviation, and dining sectors, such as China Duty Free Group and hotel chains like Jin Jiang and Huazhu [7]. - **Overseas Expansion Opportunities**: Companies like Anker Innovations and Huakai 100 are recommended for their potential in overseas markets, despite current low stock prices [9][10]. - **Alcohol and Beverage Sector**: The alcohol sector is currently in a low season, but some brands are seeing price recovery due to channel control measures. The soft drink market is also expected to show potential growth despite current sales being slow [11][12][13]. - **Food and Beverage Trends**: The snack sector is seeing positive demand ahead of the Spring Festival, with health-oriented products like konjac and oats showing significant growth. Companies like Wancheng and Yanjinpuzi are highlighted for investment [12]. - **Investment in New Consumption Areas**: The new consumption sector is showing upward trends, particularly in the vaping and AI glasses markets, with companies like Smoore and Kangnai Optical recommended for their growth potential [16]. Conclusion - The consumer sector is navigating a complex landscape with both challenges and opportunities. The focus on service consumption, emerging sectors, and strategic investments in high-potential companies will be crucial for navigating the anticipated economic conditions in 2026.

百胜中国(09987)公布，2025年12月19日于港交所耗资约597.96万港元回购1.595万股股份，于纽约证券 交易所耗资约320万美元回购约6.59万股股份。 ...

Core Viewpoint - The consumption market in Gansu is experiencing a significant recovery, driven by policy benefits and market vitality, with a notable increase in retail sales of consumer goods. Group 1: Consumption Market Performance - From January to October, Gansu's total retail sales of consumer goods reached 354.52 billion yuan, showing a year-on-year growth of 2.5% [1] - The restaurant industry has seen a resurgence, with long queues at local specialty dining establishments and night markets [1] - The demand for new energy vehicles, home appliances, and furniture has surged, with retail sales growth exceeding 20% for these categories in the first half of the year [1] Group 2: Emerging Consumption Trends - The rise of green, smart, and experiential consumption is becoming a new trend in Gansu's market, with significant increases in orders for AI energy-saving air conditioners and smart refrigerators [2] - The demand for mid-to-high-end home appliances is being driven by the "old-for-new" policy, with consumers benefiting from subsidies [2] - New energy vehicle consumption has seen a remarkable growth rate of 38.1% in the first three quarters of 2025 [2] Group 3: Tourism and Cultural Consumption - Gansu welcomed 400 million tourists from January to September, generating tourism spending of 315.6 billion yuan, marking a substantial year-on-year increase [2] - The integration of cultural and tourism experiences is expanding the market, with activities ranging from cultural studies at Dunhuang Mogao Caves to eco-experiences in Gannan [2] Group 4: Promotional Activities and Infrastructure - Gansu has implemented various promotional activities such as "old-for-new policy benefits + special promotions," "New Year goods festival," and "automobile exhibition," which have stimulated diverse consumer demand [3] - The combination of promotional events and infrastructure upgrades is continuously igniting market enthusiasm [3] - The ongoing trend of consumption upgrading and the release of policy effects are expected to create new opportunities for high-quality economic development in the province [3]

责任编辑：卢昱君 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 百胜中国（09987）公布，2025年12月19日于港交所耗资约597.96万港元回购1.595万股股份，于纽约证 券交易所耗资约320万美元回购约6.59万股股份。 责任编辑：卢昱君 百胜中国（09987）公布，2025年12月19日于港交所耗资约597.96万港元回购1.595万股股份，于纽约证 券交易所耗资约320万美元回购约6.59万股股份。 ...

点击上方【36氪随声听】，一键收听大公司热门新闻。听完音频记得添加进入 【我的小程序】 中哟！ 在遗产处置方面，经初步核查，蒋女士暂无法定继承人。12月22日，居委会将向法院申请确认遗产管理人，法院已表示将开通绿色通道，确保当天 受理立案。后续若区民政局被指定为遗产管理人，将依法清理遗产、处理债权债务；剩余财产经法定程序后，将用于扶贫济困等公益事业，让温暖 得以延续。（极目新闻） 罗永浩回应吐槽电信网速：第二天就来了客服，网速快到惶恐 12月21日，罗永浩针对网传"靠舆论维权"一事作出回应。他表示，相关内容仅发布在微信朋友圈，并未发布至公共社交平台。 官方通报独居女子离世遗产"归公"进展：遗产走法律程序处置 没有配偶、没有子女，父母早逝，一人独居，46岁上海女子蒋女士近日不幸离世，引发社会对于意定监护、遗嘱等问题的关注。上海虹口官方微博 21日发布消息，表示相关善后工作正稳步推进，全力守护逝者尊严、保障相关权益。 据了解，蒋女士所在居委已与蒋女士生前单位、远亲联系，所在居委将在与相关方充分协商基础上作妥善安排，预计12月底前举行告别仪式，送逝 者最后一程。 上海虹口官方微博21日发布消息，表示相关善后工作正稳 ...

（来源：湖州日报） 转自：湖州日报 见习记者 李真悦 作为全国仅5家的抖音超级卖场之一，湖州第六空间家居电器超级MALL探索出一条"全链条赋能+多平 台布局"的特色帮扶路径。商场组建专业企划团队，免费为入驻商户提供视频拍摄、剪辑、直播运营等 一站式服务。商场总经理徐日云介绍，针对小红书、抖音等重点平台，商场每月还设立2000元专项奖 励，激励商户做好账号运营。 湖州老字号丁莲芳则选择以技术赋能周边小微商户。"我们想把多年积累的卤味手艺分享出去，帮更多 小店靠手艺立稳脚跟。"丁莲芳表示。品牌为小微商户提供从选材、卤制到口味优化的全流程培训，并 分享经营经验和客户维护方法。通过技术帮扶，一些原本生意平淡的卤味小店，凭借标准化工艺和稳定 口味，逐渐积累起回头客，走上稳健发展之路。 截至目前，新区市场监管分局已推动大型企业结对帮扶105家个体工商户。 本报讯 湖州欧亚达喜家生活MALL一场林内品牌专场直播近日火热开播，超过2800人同时在线观看。 开播仅一小时，成交额便突破63万元。"直播带动当天全店销售额比平时增长50%，效果出乎意料，也 让我们看到了线上渠道的潜力。"林内店长邢先生感慨道。 这场直播的背后，是湖州 ...

转自：贵州日报 本报讯 12月20日，观山湖区金阳街道金馨园社区举办"黔"味火锅厨艺争霸赛。 此次活动由金馨园社区携手贵阳贵安智慧民生综合服务平台"爽贵阳"APP共同发起。当天下午5时，争 霸赛在碧海商业广场开赛。辖区10家餐饮企业各展绝活，烹制出一锅锅香气扑鼻的火锅。由专业人士、 街道负责人、辖区企业负责人和居民代表共同组成的品鉴团，在各摊位前驻足，认真品尝美食，围绕锅 底风味、食材新鲜度、创意呈现等方面综合打分评选。另一边，各色火锅已端上长桌，报名参加活动的 400余名居民纷纷落坐，一边品尝美食，一边给自己心仪的餐馆投票助力。 结合品鉴团评分和现场居民投票，活动评选出金质摘冠奖、金质口碑奖、金质人气奖、金质扬名奖各一 名。 "此次活动以火锅为媒，以美食会友，让辖区居民在感受地道黔味火锅魅力的同时，拉近彼此的距离， 享受社区的温情。活动也为辖区餐饮企业增添了活力，为他们提供了学习交流的平台。"金阳街道有关 负责人说，下一步，街道和社区将结合实际，组织开展更多有特色接地气的活动，繁荣社区经济，助力 企业发展。 （贵阳日报融媒体记者 帅弋） （《餐馆比拼"黔"味 居民现场品鉴》由贵阳日报为您提供，转载请注明来源 ...

扎扎实实落实促进民营经济发展的政策措施，是当前促进民营经济发展的工作重点。经济形势千变万 化，民营企业感受如何？生产经营千头万绪，民营企业家有何诉求？ 12月19日下午，省发展改革委组织召开以"优化营商环境"为主题的民营企业座谈会，邀请宇通集团、蜜 雪冰城、银金达集团、万岁山游览区、翔宇医疗等多家民营企业的代表，面对面倾听民营企业家的真实 心声，现场回应诉求，共谋发展良策。 对于银金达集团提出的强化要素保障问题，省发展改革委资源节约和环境保护处负责人现场解释了当前 碳排放双控政策，并表示"十五五"时期，将落实国家和省政府要求，引导有限的能耗和碳排放指标流向 更高能效、碳效的行业和项目，加快产业转型升级。省发展改革委财政金融和信用建设处负责人回应， 将进一步发挥小微企业融资协调机制作用，用好河南省融资信用服务平台，强化信用信息共享应用，着 力破解银企信息不对称问题，切实打通金融服务民营经济的"最后一公里"。 "企业家们的发言很实在、很具体，既有对营商环境改善的肯定，又指出了需要进一步破解的痛点堵 点。"省发展改革委党组书记、主任马健提出，对于会上企业提出的问题和会前收到的书面建议，省发 展改革委将积极跟进，能够 ...