1月25日晚11点半，位于北京团结湖锦湖中心的链家签约服务中心灯火通明，已连续工作近10个小时的 签约经理张超仍在有序地为购房者办理手续。"这个周末明显感觉到市场热度在回升，客户咨询和签约 量都有所增加。"张超的直观感受，折射了近期房地产支持政策落地后一些城市楼市活跃度的逐步提 升。 链家数据显示，新政满月后，市场表现较为积极，二手市场交易量显著提升，政策调整后1个月（2025 年12月24日至2026年1月25日），北京链家交易量较政策出台前（2025年11月24日至2025年12月23日） 增长33%；同期，市场活跃度显著提升，新增客源量、带看量分别增长14%和18%。 北京链家研究院院长高原表示，近期政策的密集出台带动市场景气指数（房源中调涨比例）有所提升， 表明市场预期转好。此外，一季度市场存在自然回暖的季节性规律，加之本年度春节时间偏晚，多重因 素共同带动市场活跃度回升。 （来源：经济参考报） 除了一线城市外，部分热点城市的房地产市场也有回暖迹象。58安居客数据显示，1月前两周，用户主 动发起微聊（与经纪人线上沟通）次数同比增长8.6%，留电咨询用户数同比增长7.1%，用户留电意愿 持续增强，尤其是 ...

问：同一省，如果我出售住房在A市，新购住房在B市，可以享受换购住房退税政策吗？ 其中，新购住房金额大于或等于现住房转让金额的，全部退还已缴纳的个人所得税；新购住房金额小于 现住房转让金额的，按新购住房金额占现住房转让金额的比例退还出售现住房已缴纳的个人所得税。 问：先买房后卖房可以退税吗？ 答：换购住房退税，买房和卖房有先后顺序，卖房应在买房之前。若先买房再卖房，无法享受退税优 惠。 出售现住房的时间，以纳税人出售住房时个人所得税完税时间为准。新购住房为新房的，购买住房时间 以在住房城乡建设部门办理房屋交易合同备案的时间为准。新购住房为二手房的，购买住房时间以纳税 人购房时契税的完税时间或不动产权证载明的登记时间为准。 本报讯 为继续支持居民改善住房条件，财政部等三部门日前发文延续实施支持居民换购住房有关个人 所得税政策。优惠政策的内容是什么？先买后卖可以享受吗？新房旧房同省不同市可以退税吗？海南省 税务局针对近期相关热点咨询进行解答。 问：居民换购住房个人所得税优惠政策内容是什么？ 答：自2026年1月1日至2027年12月31日，对出售自有住房并在现住房出售后1年内在市场重新购买住房 的纳税人，对其出售现 ...

Group 1 - The core viewpoint is that the real estate sector is undergoing an orderly clearing process rather than a panic-driven one, with significant debt restructuring alleviating financial pressures on quality enterprises [1] - CF40 predicts that 2026 will mark the final year of the real estate downturn, with slight declines in transaction volume and prices expected, while stabilization is anticipated in 2027 [1] - In an interview, it was stated that the drag of real estate development investment on fixed asset investment will weaken by 2026 [2] Group 2 - It is suggested that a nominal GDP growth rate of 4% in 2026 should be accompanied by a fixed asset investment growth rate that does not fall below this figure, as this would support improved corporate profitability and investment willingness [3] - The analysis indicates that the peak of the previous manufacturing cycle occurred in mid-2021, followed by a downturn in the real estate sector, with a significant imbalance between supply and demand expected to persist until late 2024 [3] - Currently, half of the industries are entering a healthy supply-demand phase, with demand growth prompting necessary capacity expansions, which has been observed for five consecutive quarters since Q3 2024 [4] - A cyclical rebound in manufacturing investment is anticipated this year, supported by sustained fiscal efforts and some growth in infrastructure investment, leading to a projected fixed asset investment growth rate of around 4% or slightly higher [4]

Group 1: Gold Market Dynamics - The fundamental logic behind the continuous rise in gold prices reflects a wave of de-dollarization, with the U.S. government debt reaching $38 trillion and annual bond interest payments exceeding $1 trillion, accounting for over 20% of government revenue [1] - Many central banks are selling U.S. Treasury bonds and increasing their physical gold holdings, indicating a lack of trust in the dollar's credit [1] - International gold prices have surpassed $5,100 per ounce, with a potential long-term target of $10,000 per ounce, despite short-term fluctuations [1] Group 2: Investment Strategies - Investors are advised to allocate about 20% of their portfolios to gold assets, including physical gold, paper gold, gold ETFs, gold-themed funds, or gold stocks, to effectively hedge against inflation and dollar depreciation risks [1] - The contrasting trends of rising gold prices and declining U.S. dollar index are expected to continue, with the Federal Reserve likely to cut interest rates more than twice this year, further accelerating the decline of the dollar [2] - A significant portion of international capital is expected to flow into A-shares and Hong Kong stocks, as these markets remain undervalued compared to U.S. stocks [2] Group 3: Market Outlook - The stock market is anticipated to experience a slow bull market, with a notable increase in equity investments as investors seek opportunities amidst changing economic conditions [3] - Approximately 50 trillion RMB in fixed deposits will mature in 2026, leading to a potential shift in investment preferences towards stocks or bonds based on risk tolerance [3] - The current market environment suggests that high-quality stocks and funds may become key drivers of wealth differentiation, as the real estate investment phase has ended [5]

Core Insights - The Guangdong Provincial People's Procuratorate reported a decrease in various criminal cases and prosecutions in 2025, indicating a trend towards reduced crime rates in the region [1][4]. Group 1: Crime Statistics - The total number of cases handled by the procuratorate in 2025 was 354,957, a year-on-year decrease of 13.9% [1]. - The number of arrests approved was 84,636, and the number of prosecutions was 137,430, reflecting decreases of 4.3% and 18.5% respectively [1][4]. - Serious violent crime prosecutions, including homicide and robbery, saw a significant decline, with 5,188 individuals prosecuted, down 19% year-on-year [2]. Group 2: Specific Crime Trends - Prosecutions for drunk driving, theft, and sexual offenses against minors decreased by 28.4%, 16.6%, and 11.1% respectively [3]. - The proportion of drunk driving cases in criminal cases fell from 39.6% in 2022 to 21.3% in 2025, indicating a positive trend [3]. - The number of theft cases, including residential and mobile phone thefts, decreased by 34.2%, 25.5%, and 36.4% respectively [3]. Group 3: Governance and Recommendations - The procuratorate issued 1,001 social governance recommendations and conducted in-depth research on local crime issues, resulting in 672 reports [4]. - A new management mechanism for six types of criminal cases was established, enhancing case management and judicial responsibility [4]. Group 4: Economic and Social Crime Prosecutions - The procuratorate prosecuted 15,185 individuals for crimes disrupting the socialist market economy and 973 for fundraising fraud and illegal public deposit acceptance [5]. - In the financial and real estate sectors, significant cases involving companies like Evergrande were handled, alongside 3,095 prosecutions for intellectual property crimes [5]. - The procuratorate also focused on protecting vulnerable groups, prosecuting 3,991 cases related to the rights of the elderly and disabled, and 7,268 cases involving minors [5].

每经编辑｜何小桃 去年以来金价大涨，近日更是突破5000美元/盎司大关，成为市场最靓的仔。 | W | 伦敦金现 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | | SPTAUUSDOZ.IDC | | | | | | | | 5085.325 | 5009.990 总量 | 昨结 | | | | | 0 | | +75.335 | +1.50% 开盘 5011.700 | | | | 现手 | | 0 | | 最高价 | 5100.790 20 | 持 台 | | 0 | 4 | | 0 | | 最低价 | 5011.500 图 | 搜 合 | | 0 | 内 | | 0 | | 分时 五日 | | 日K | 周Ｋ | | 月K | 电子 | | | ◎加 设均线 | MA5:4969.567↑ 10:4812.319↑ 20:4634.148↑ | | | | | | | | 5214.972 | | | | | | 5111.170 -> | | | 4554.474 | | | | | | | | | 3997.658 ...

中国经济这些年表面上看风光无限，GDP数字蹭蹭往上窜，可老百姓的钱包却越来越瘪。不少人抱怨消费拉不动，是因为大家没钱花，其实这话说对了一 半，深挖下去，问题出在产能堆得像山一样高，东西太多卖不出去，却没人愿意直面这个现实。 说起产能饱和，得从地方政府的玩法说起。中国经济过去几十年靠投资和出口拉动，地方政府之间像打比赛一样，比谁的GDP涨得快。最直接的招数就是上 大项目，建工厂，优惠政策一大堆，土地便宜，税收减免，配套设施齐全。 结果呢？同一个行业到处开花，比如光伏、新能源车，沿海到内陆，产业园一个接一个冒出来。供给端像打了鸡血，产能噌噌上涨，可市场需求没跟上，东 西卖不出去，企业只好打价格战，利润薄得像纸。 数据显示，2023年工业产能利用率在75%左右，有些行业更低，这意味着四分之一的产能闲着没事干。企业主一看不对劲，还得继续投钱抢份额，银行贷款 流水般进来，形成恶性循环。 老百姓手里钱有限，基本开支占大头，哪有余力买那些多出来的货？这不是缺钱那么简单，而是整个经济结构偏向生产端，消费端被挤到角落里去了。 工厂天天加班，仓库塞满货，可市场那边冷冷清清，这不就是典型的供给过剩吗？地方上还热衷于建厂拉投资，因为 ...

Market Overview - The Hang Seng Index rose by 0.1%, while the Hang Seng China Enterprises Index and the Hang Seng Tech Index fell by 0.2% and 1.2%, respectively[1] - International oil and gold prices surged, driven by geopolitical tensions and supply concerns, leading to gains in leading oil and gold stocks[1] - The latest CCL index reported at 145.54, a weekly increase of 0.63%, indicating a recovery in Hong Kong residential prices[1] Economic Indicators - The U.S. durable goods orders for November increased by 5.3%, surpassing Bloomberg's forecast of 3.1% and the previous value of -2.1%[3] - In China, the transaction volume of new homes in 30 major cities reached 1.19 million square meters, a year-on-year decline of 32.3%[3] Sector Performance - The pharmaceutical sector saw most stocks decline, while Junshi Biosciences (1877 HK) rose due to concerns over Nipah virus infections in India[4] - The automotive sector experienced a decline, with January retail sales expected to be around 1.8 million units, a month-on-month decrease of 20.4%[5] - Gold prices reached a new high, surpassing $5,000 per ounce, boosting demand for gold products and leading to gains in related stocks[5]

Group 1 - The core company is Bangladesh Barisal Power Company Limited, a subsidiary of China Power Construction Group Overseas Investment Co., Ltd., holding 96% of the shares [1][3] - The company was established on October 26, 2017, in Dhaka, Bangladesh, primarily responsible for the investment, construction, operation, and service management of the Barisal coal-fired power plant [1][3] - China Power Construction Group Overseas Investment Co., Ltd. was established on July 1, 2012, in Beijing, with a registered capital of 5.41 billion yuan [1][3][4] Group 2 - The operational scope of the overseas investment company includes the concession management of electricity, oil, non-ferrous metals, real estate, environmental protection, and investment in major infrastructure projects, as well as engineering technology and consulting services, and import-export trade [4][5] - As of now, the company has established 36 wholly-owned and holding subsidiaries, 5 joint ventures, and 1 representative office across 16 countries and regions [5] - The company plays a crucial role in promoting the international business strategy of China Power Construction Group, focusing on overseas investment, project development, and risk management [2][5]

在楼市政策驱动及翘尾行情效应下，热点城市的楼市升温行情仍在延续。 多家机构发布的数据显示，2026年以来，一线城市楼市成交保持高水平，其中二手房交易表现亮眼。同 期，杭州、南京、成都、天津等二线城市楼市也有不错的表现。 根据中原地产研究院统计，今年第三周，重点40城新房成交面积环比上升5%，中原新房来访指数环比 上升2%，来访总量环比上升11%。同期，重点15城二手房周度成交量环比上升9%。 与此同时，21世纪经济报道记者调研发现，多个热点城市二手房议价空间收窄，部分房源甚至需要加价 购买。 1月并非房地产传统旺季，分析人士指出，今年春节假期时间晚于往年，加之近期楼市政策利好频出， 使得2025年末以来的翘尾行情有所延长。对于全年楼市来说，这波回暖行情意义重大。 26城二手房成交量同比上涨21% 深圳市房地产中介协会近期发布数据称，2026年前三周，深圳新房录得量（以合同发起为统计口径）出 现波动，二手房则连续升温，前三周二手房录得量分别达到1115套、1595套、1654套。 自去年下半年以来，深圳二手房月度录得量保持在5000多套的水平，到12月跃升至6000套以上，翘尾行 情显现。有分析人士指出，按照当 ...