智通财经APP讯，海吉亚医疗(06078)公布，2025年12月22日耗资53.295万港元回购4.18万股股份。 ...

导读： 一级市场的周期转换，总是有伴随着各种惊喜，一夜暴富，各种悲观论调，但核心是不要下牌 桌，只要国内大一统的市场在，人才在，国家重视，大众的赚钱欲望在，那就持续的会出现各 类优秀创业公司。 作者丨杉域资本董事总经理 王春杰 随着这个月摩尔和沐曦的上市，各大机构通过刷爆朋友圈的方式进入了2025年的尾声。 去年聊了287家机构，今年统计了下，总共聊了355家机构，其中LP 239家，GP 85家，CVC 31家。 LP里面54%是国资，15%是金融机构 （保险和券商）， 12%是家办（单一），12%是 产业方， 剩余为一些民资，大学捐赠基金，S买方、三方等。 今年的募资市场，从落地上我感觉是还没有明显的好转，特别是市场化资金这块，国资这块受限于 财政压力，招引任务，可用于做LP的资金也不是很多，更多的钱是用在产业基金（直投）这块。 但明年我感觉会好些， 两个方面，一是今年二级市场上涨带来了一波减持窗口期，这些钱分配后 肯定会有一些再回流到一级市场，二是明年国家队的钱会活跃很多，这部分至少可以解决20- 30%的份额配比，且相对来说是比较市场化的。 市场情绪 今年一级市场情绪是明显的好转，具体从摩尔和沐曦的上 ...

格隆汇12月22日丨希玛医疗(03309.HK)公告，12月22日耗资41.75万港元回购25万股。 ...

Core Insights - The central economic work conference emphasized the need to "eliminate unreasonable restrictions in the consumption sector to unleash service consumption potential" and to "formulate an action plan for expanding and improving the service industry" [1][2][5] - The service industry is showing steady growth, with the national service production index increasing by 5.6% year-on-year from January to November, and revenue from large-scale service enterprises growing by 7.6% year-on-year from January to October [1][2] Group 1: Service Consumption Trends - Service consumption is becoming a significant internal driving force for high-quality economic development, covering areas such as dining, tourism, education, healthcare, and emerging sectors like digital services and cultural entertainment [2][3] - From 2013 to 2023, the average annual growth rate of per capita service consumption in China was 8.7%, surpassing the growth rate of goods consumption by 2.4 percentage points, with the share of service consumption in per capita consumption rising from 39.7% to 45.2% [2][3][4] - The share of service consumption is projected to increase to 46.1% in 2024, with a further rise to 46.8% in the first three quarters of this year [2][3] Group 2: Challenges in Service Consumption - There are four main bottlenecks in service consumption: regional segmentation, industry access barriers, outdated regulatory systems, and an inadequate consumer protection environment [4][5] - High market entry barriers in sectors like healthcare and education limit the supply of quality services, as foreign and private capital face restrictions [3][4] Group 3: Policy Initiatives - The government has introduced 19 practical measures to stimulate service consumption, including expanding high-level pilot programs for service industry openness and promoting orderly opening in sectors like telecommunications, healthcare, and education [4][5] - Local governments are also taking steps to eliminate restrictive measures and optimize the consumption environment, such as Chongqing's initiatives to address information asymmetry in the second-hand car market and hidden barriers in healthcare [5][8] Group 4: Future Outlook - The service industry is expected to accelerate its transformation towards digitalization, intelligence, platformization, standardization, and quality enhancement, with new service models emerging [8][9] - The integration of digital technology into service consumption is creating new market opportunities, with online services becoming mainstream and enhancing consumer experiences [9][10]

【#小洛熙事件涉事医院科室手术已暂停#】12月22日，宁波大学附属妇女儿童医院小儿胸心外科住院部 目前已关闭，手术也已暂停。19日，小洛熙家属披露的法医尸检报告再次热议。 据此前报道，5月龄早 产儿小洛熙11月14日在宁波大学附属妇女儿童医院接受心脏房间隔缺损手术时离世，该事件引发社会广 泛关注。#宁波妇儿医院儿胸心外科已处关闭状态# 小洛熙的父亲回应，他考虑将择期公布小洛熙完整 的病历和尸检报告，"我们唯一的诉求就是要真相。"相关视频： （来源：猛犸新闻） ...

多业态经营场所，物业单位消防管理"虚弱" 考核期间，智通财经（www.thepaper.cn）全程跟随考核组延伸至省会成都，对该市学校、养老院、医 院、大型商业综合体等单位场所展开明察暗访。 考核组检 查成都一家养老院消防工作。图片来源均为智通财经记者 胥辉 图 位于成都市武侯区的活力广场，是一个多业态混合生产经营场所，总建筑面积1.32万平方米，一级耐火 等级。内有餐饮、KTV、茶楼、健身房、台球室、儿童乐园等场所。 12月9日至13日，按照国务院有关工作部署，2025年度省级政府消防工作现场考核组在四川开展考核工 作。考核组采取多种方式查找问题隐患、开展指导帮扶并抽查了教育、民政、住建、卫健、文旅、文 物、消防等重点部门的工作情况。 2025年度省级政府消防工作现场考核组在四川。 考核人员选择在上午，上班时间前往该广场，发现该商业广场物业消防控制室只有一名身穿保安服的持 证人员值班，考核人员发现，这位值班人员虽持有消防设施操作员中级证，但对消防广播操作不熟，甚 至不会操作火灾报警系统。 考核组在武侯区一多业态广场消控室检查。 考核人员发现火灾自动报警系统上有2处火警信号未及时登记和核查，一直处于报警状态。 ...

1.2025年成为中国影史动画电影票房最高一年 3.硅基原子处理器实现11量子比特稳定联通 据最新一期《自然》杂志报道，澳大利亚初创公司SQC研究团队基于硅材料和磷原子构建了一种新型量子处理器，在实验中实现了11个量 子比特的联通，并保持了较高的运行保真度。这是目前规模最大的同类硅基原子量子处理器之一，被认为是量子计算领域的重要进展。 4.公募新发数量创近4年新高，总募集规模与过去两年基本持平 据证券时报，2025年以来，公募基金发行市场的C位悄然易主，曾被视为市场压舱石的债券基金悄然让位，而股票型基金则以十年未见的 强势站上了舞台的中央。与此同时，年内公募基金以新成立1468只基金的数量创下近4年新高，总募集规模与过去两年基本持平。这一量 增价稳的现象标志着市场告别了依靠爆款产品跑马圈地的时代，转向了以权益类基金为主导、创新产品百花齐放的精耕细作的新阶段。 5.据《The Information》报道，OpenAI在人工智能运营方面效率持续提升，其算力利润率于10月达到70%，较去年底的52%显著增长。 6.MiniMax通过港交所聆讯 据网络平台数据，2025年全年动画电影票房突破250亿，成为中国影史动 ...

Group 1 - The A-share market has returned to 3900 points, with the Shanghai Composite Index rising by 0.64%, the Shenzhen Component Index increasing by 1.36%, and the ChiNext Index up by 1.8% [1] - The total market turnover reached 1,198.9 billion yuan, an increase of 95.4 billion yuan compared to the previous day [1] - Stocks related to the Hainan Free Trade Zone experienced a surge, while the semiconductor industry chain saw significant gains, and sectors such as computing hardware, stablecoins, robotics, intelligent driving, and duty-free shops were actively performing [1] Group 2 - In the ETF market, the semiconductor sector saw a broad increase, with funds like GF Fund's Chip Equipment ETF, Guotai Fund's Semiconductor Equipment ETF, and Wanji Fund's Semiconductor Equipment ETF rising over 4% [1] - The CPO sector rebounded strongly, with Guotai Fund's Communication ETF increasing by 4.18% [1] - Gold reached a new historical high, with Huaxia Fund's Gold Stock ETF rising by 3.73% [1] Group 3 - The Hong Kong stock market's healthcare sector declined, with both the Hong Kong Healthcare ETF and the Hong Kong Stock Connect Healthcare ETF falling by 1% [1] - The film and television sector weakened, with the Film and Television ETF dropping by 0.86% [1]

专题：2025中国保险创新论坛 2025年12月17日，以"融创共生"为主题的第20届中国保险创新论坛暨第20届中国保险创新大奖颁奖盛典 在常州举行。天雁智库专家瑞博士发表了主题演讲。 瑞博士指出，保险营销的下一站，是从"功能推销"到"情感共鸣"，为客户设计场景化、体验化、情感化 的深度旅程。未来的成交不是"促成"的，而是在有价值的体验中"自然发生"。 瑞博士 天雁智库专家 以下是瑞博士的演讲全文： 各位领导和嘉宾： 大家好！ 第一个场景，给年轻人戴个白头发，戴个老花镜，让他用筷子去夹一粒黄豆，他很难夹起来，让他体会 到年老之后夹食物都很难，让他深刻地感受到老了以后的不容易。身上再绑个铅带，让他感觉到老了以 后走路的困难和痛苦。这是天雁做的一场老年体验营。 第二个场景是我做的一堂课，专门针为老年人的教育课，叫"当你老了"——一场穿越未来的脱口秀，让 大家看看我们老了以后，身体会发生什么情况。当人老了，九大系统都会衰老，这里只说两个系统。一 是运动系统，二是神经系统。运动系统由骨头、关节和肌肉组成，年轻时，运动系统的爆发力、平衡能 力都非常强。但是老了以后，首先肌肉会老，肌肉从40岁开始衰老，到80岁只会剩下一 ...

Group 1 - The 14th National People's Congress Standing Committee of China will hold its 19th meeting from December 22 to 27 [1] - The latest values for the 1-year and 5-year Loan Prime Rate (LPR) are expected to remain unchanged on December 22 [1] - On December 27, China will release the profit data for industrial enterprises above a designated size for November, following a 5.5% year-on-year decline in October [1] Group 2 - The U.S. will announce the third-quarter GDP on December 23, with a market expectation of a 2.5% annualized growth rate [1] - Durable goods orders and industrial production data will also be disclosed, along with the Conference Board's consumer confidence index for December [1] Group 3 - The UK will release the final value of its third-quarter GDP on December 22, with expectations that a figure above 0.1% may indicate economic resilience [2] - The minutes from the Bank of Japan and the Reserve Bank of Australia's meetings will be published on December 24 and 23, respectively, potentially providing insights into future policy directions [3] Group 4 - A total of 47 restricted shares will be unlocked in the A-share market from December 22 to 26, with a total market value of nearly 190 billion yuan based on the latest closing prices [4] - Three new stocks will be issued, with Shaanxi Tourism and Xin Guangyi on December 22, and Hengdongguang on December 23 [4] - The Hong Kong stock market will see four listings on December 22 and three on December 23 [4] Group 5 - The 2025 Shenzhen International Brain-Machine Interface Innovation Technology Exhibition will take place from December 28 to 30 [4] - The 2025 Industrial Green Low-Carbon Development Conference will be held in Chengdu on December 23-24 [5] - Zhiyuan Robotics will hold a platform launch event on December 22, allowing the first batch of rental service providers and users to participate in experience activities [5] - Huawei will hold a launch event for the nova 15 series and other new products on December 22 [5] Group 6 - Leap Motor will celebrate its 10th anniversary with a release event on December 28, where new vehicle plans and technologies will be announced [6]