该交易于2025年3月对外宣布，属于现金加股票交易，Charter将承担Cox约126亿美元净债务及其他义务。交易完成后，两家美国头部有线电视与宽带运营商 将实现合并，以更好应对流媒体平台与移动运营商的竞争。据披露，合并后用户规模约3800万，将超越康卡斯特（Comcast），成为美国最大的有线电视和 宽带服务提供商。其中Cox当前为630万用户提供宽带、有线电视、语音及无线服务。 作为获批条件，FCC要求Charter作出多项承诺：公司将投入数十亿美元升级网络、提供高速宽带服务，并把Cox区域网络提速进程加快；承诺将工作岗位迁 回美国本土；将每小时20美元的最低起薪标准覆盖至Cox全体员工。FCC主席布伦丹·卡尔表示，该交易将让消费者享受到价格更低的服务套餐。 监管层面，FCC将不使用多元化、公平和包容（DEI）项目列为交易批准条件之一，与近期Verizon、T-Mobile、AT&T、Paramount等并购案的监管要求一 致。FCC称，Charter已调整相关做法，致力于建设无歧视工作环境。 【环球网财经综合报道】据路透社等外媒报道，当地时间周五，美国联邦通信委员会（FCC）批准Charter Comm ...

Stock Performance - On December 19, 2025, the stock price of Televisa increased significantly by 5.05%, closing at $3.33. The latest financial report indicates that the company's revenue was $785 million, with a net loss of $104 million and earnings per share of -$0.24, while the gross margin was approximately 36.7% [2] Institutional Ratings - On November 28, 2025, Benchmark raised its target price from $9 to $10, maintaining a "Buy" rating, primarily based on the renewal agreement with YouTube TV and the stability of the Mexican peso. The company expects an improvement in operational performance in 2026, focusing on high-value customer integration and efficiency enhancement [3] Industry Outlook - According to an Omdia report, the Latin American media market is projected to reach $65 billion in revenue by 2026, representing a year-on-year growth of 10.7%, driven by the penetration of online video and micro-series content formats, which are expected to provide external opportunities for Televisa's broadband and pay-TV businesses. The Mexican economy is anticipated to recover moderately in 2026, with inflation gradually aligning with target ranges, although the peso exchange rate may be influenced by global capital flows and central bank policies, which could indirectly affect the company's costs and market demand [4]

来源：智通财经 图 2:春季~两会,A股上涨明显;港股没有明显的目历效应 E SECTION FOR ■ 上涨概率:春节->两会(2010年~2015年 100% 93.8% -93.8% 93.8% 87.5% 90% 81.39 it 80% 72.7% 184 2 5: 70% 62.5% 62.5% 56.3% 54 .! 60% 50% 40% 30% 20% 10% 0% el ch 02肖 717 班 极 数据来源：Wind,广发证券发展研究中心。备注：恒生科技、恒生港股通、港股通高股息采用 2016~2 图 3: 过去15年,春节后港股各指数日历效应 | 上涨概率 | 圣诞节-春节前 | 春节后-两会 | 两会期间 | 两会-3月底 | 1月 | | --- | --- | --- | --- | --- | --- | | 恒生科技 | 72.7% | 72.7% | 45.5% | 50.0% | 63.6% | | 恒生指数 | 80.0% | 46.7% | 40.0% | 42.9% | 73.3% | | 恒生中国企业指数 | 73.3% | 40.0% | 46.7% | 57. ...

（来源：南湖晚报） 近日，一段发生在海盐西塘桥街道西塘大桥上的救人视频，在网络上掀起了刷屏热潮。视频中，浙 FFJ3×××车主姚东权果断停车、飞奔救人的身影，感动了无数网友，全网关注量火速破亿，让这位平凡 的装维工程师，成为了亿万网友心中的"平民英雄"。 转自：南湖晚报 N通讯员 田芳美 英雄的事迹从不会被埋没。事后，西塘派出所民警专程上门，为姚东权颁发了"大桥卫士"荣誉证书和徽 章，以此表彰他临危不惧、见义勇为的英勇行为。面对这份荣誉，姚东权显得十分腼腆，他笑着说 道："当时啥也没想，就想着把人拉回来，这是我应该做的。换作任何人遇到这种情况，都会挺身而出 的。" 此事一经媒体报道，迅速引发社会各界的广泛关注。姚东权的手机瞬间成了"热线电话"，海盐县文明 办、海盐经济开发区（西塘桥街道）相关负责人专程上门慰问送奖，亲戚、朋友纷纷为他点赞，无数网 友在网络上留言致敬："平凡的人做出了不平凡的事，这才是真正的英雄！""为姚师傅的勇敢和善良点 赞，愿好人一生平安！" 跑到女子身旁时，姚东权一边高声呼喊"姑娘，千万别冲动！有什么事好好说"，试图稳住女子的情绪， 一边目光紧紧锁定女子的动作，趁其注意力稍有松动的瞬间，果 ...

【申万宏源海外策略】"税收法定原则"的落地——就近期部分行业涉税相关问题的探讨 伴随着《中华人民共和国增值税法》在2026年1月1日起施行，部分涉税安排在近期有所更新。 我们认为，鉴于新法相关细则已较为明确，以互联网、金融为代表的服务性行业现行的税收安排在短期内发生变 化的概率相对较低。 通信服务的税率变更有历史发展阶段的原因，不宜线性外推：回溯历史，"基础电信服务"和"增值电信服 但伴随着时代的发展，今次利用增值税从行政条例发展成为法律的契机，将今天这个数字时代已经非常普遍的手 机流量和宽带等服务重新定义为"基础电信服务"适用9%的税率，本身就有顺应历史发展的含义。 且当前增值税法及相关实施细则已在近期公布，短期内再次大幅变化的概率相对较低。 根据财政部和税务总局在2026年1月30日发布的《销售服务、无形资产、不动产注释》的规定，金融、信息技术等 业务明确适用6%的增值税率。 在这一规定中，"无形资产"明确提到包括"代理权、会员权、席位权、网络游戏虚拟道具、域名"等"不具实物形 态，但能带来经济利益的资产。 "此外，条例对销售服务亦有明确规定，其中包含"金融服务""信息技术服务"、"电信服务"（除基础电信 ...

Core Viewpoint - The gaming industry may face potential tax increases, with rumors suggesting a rise from 6% to 32%, similar to the liquor industry, which has caused fluctuations in tech stocks and concerns among investors [2][12]. Group 1: Tax Rumors and Industry Reactions - The rumor about tax increases in the gaming industry is not new, with previous speculations arising from regulatory changes in advertising costs and telecommunications [4][14]. - Analysts express skepticism about the rumors, suggesting they may be attempts to manipulate stock prices for personal gain [2][13]. - A financial analyst noted that such rumors resurface every couple of years, indicating a pattern of speculation rather than concrete policy changes [4][14]. Group 2: Current Industry Landscape - The gaming industry is currently benefiting from supportive local policies in major cities like Beijing, Shanghai, and Guangzhou, recognizing its role in cultural output [5][15]. - Profit margins in the gaming sector are often overestimated; only a few blockbuster games generate significant profits, while many products struggle to break even or incur losses [6][16]. - The perception of high profitability is skewed by the visibility of successful titles, overshadowing the financial struggles of less successful games [7][16]. Group 3: Future Outlook - The Chinese gaming industry is at a critical growth phase, with a shift from traditional AAA game models to GaaS (Games as a Service) becoming more prevalent [9][18]. - Global competition in the gaming sector is intensifying, with European countries implementing policies to support their gaming industries, such as Germany's commitment to provide €125 million annually starting in 2026 [9][18]. - The future of the gaming industry will depend on comprehensive strength and the ability of Chinese companies to fulfill their social responsibilities amidst evolving market dynamics [9][18].

（来源：黑龙江日报） 转自：黑龙江日报 中华巴洛克历史文化街区熙熙攘攘的消费人群 。本报记者 李鹏举摄 □本报记者 孙铭阳 孙思琪 供给侧改革 激活消费市场新活力 满足内需的核心在于优质供给。代表委员们普遍认为，只有精准对接消费需求变化，推动供给侧结构性改 革，才能实现消费市场的持续繁荣。 传统商圈作为消费主阵地，其转型升级关乎民生体验与消费活力。省人大代表徐卫国建议，应实施商圈基础 设施提质专项行动，将其纳入城乡建设重点工程，重点解决停车场缺口大、交通拥堵、无障碍设施不完善等 突出问题。通过支持商圈扩建停车场、增设新能源充电桩、升级公共休息区等举措，全面提升消费便利性和 舒适度。同时，要培育新型消费业态，制定省级层面扶持政策，对引进全国首店、区域首店的主体落实财政 奖励，鼓励传统商户转型发展体验式、定制化消费，丰富消费供给场景。 老字号是衔接政策与民生消费的关键纽带，其焕新升级成为扩大内需的重要抓手。省人大代表林珈旭介绍， 企业以供给侧精准发力为核心，按人群、地域分层研发产品，针对露营需求推出小包装系列，为银发人群研 发减盐20%的红肠、低脂益生菌等产品，为川渝地区定制青花椒肠，让百年红肠从"地方特产"变身 ...

岁序常易，华章日新。1月26日，中广有线召开2026工作会议暨公司30年庆典，总结2025年度工作，表彰先进典型，签订责任书，部署2026年工作；回顾 公司30年发展历程，凝心聚力话发展，谋篇布局向未来。华数集团党委副书记、董事、副总经理，中广有线董事长汪迎忠，中广有线党委书记、总裁刘志 良出席并致辞。中广有线领导班子、高级顾问出席。华数传媒党委副书记、总裁沈子强应邀参加庆典。总公司中层干部、各公司主要负责人、受表彰员工 代表现场参会。各公司领导班子、中层干部视频参会。 马跃新程，筑梦2026 2026年，是"十五五"规划开启之年，也是华数集团"大抓落实年"，公司将坚持以发展为第一要务。强化党建引领，不断完善党建工作，促进党建经营深度 融合。聚焦主责主业，守牢经营发展基本盘；做好网络整合"后半篇"文章，积极推进"扶上马、送一程"。深化改革创新，全面推进人事改革，打造高效、 精干队伍；深化绍兴、温州、舟山区域一体化，推动管理体制创新；持续拓展智慧医养、"一村一社"、基层治理等创新业务，深化大众内平衡2.0，不断 优化产业布局。加强内部管理，完善制度建设，加快应收账款催收，规范财务管理，强化法务、审计、纪检大内控 ...

Group 1 - The company has signed a framework agreement with Hong Kong Broadband Network Limited for the provision of cybersecurity products and solutions, with a transaction limit of up to HKD 32 million for 2026 and 2027, and up to HKD 38 million for 2028 [2][3] - The agreement is valid until December 31, 2028, and is considered a related party transaction due to the common control by China Mobile Communications Group [2][6] - The independent directors have reviewed and approved the transaction, ensuring it adheres to fair market principles and does not harm the interests of the company or its shareholders [3][8] Group 2 - Hong Kong Broadband is a leading telecommunications and technology solutions provider, with a reported revenue of HKD 11.1 billion and a net profit of HKD 200 million as of August 31, 2025 [5] - The company aims to strengthen its market presence in Hong Kong and Macau through this strategic partnership, aligning with national cybersecurity strategies [6][8] - The transaction is expected to have no adverse impact on the company's financial status or operational results, maintaining its independence [6][8]

Core Viewpoint - During the New Year holiday, Jinan Unicom's service team maintained operations to ensure uninterrupted communication services and enhance customer experience, embodying their commitment to public service [1][3][5] Group 1: Service Commitment - Jinan Unicom's service team, recognized as a "Youth Civilization Unit," operated throughout the holiday to meet the surge in communication demands from customers returning home, traveling, and shopping online [1][3] - The team implemented a scientific scheduling system to ensure dedicated staff at every service window, demonstrating their commitment to customer service [1][3] - Customer feedback highlighted the team's extended service hours and the establishment of temporary service windows, which reduced average processing times by over 30% [3] Group 2: Community Engagement - The Jinan Unicom team actively engaged in community service by forming a "Youth Volunteer Service Team" to assist vulnerable groups, providing priority service and support [3][5] - The team conducted a "Communication Safety into Thousands of Homes" campaign to educate citizens on fraud prevention and digital literacy, particularly for the elderly [5] Group 3: Technological Integration - Jinan Unicom adopted digital tools to enhance service efficiency, including an "online appointment + offline processing" model that minimized wait times for customers [5][7] - The introduction of smart customer service robots and self-service terminals facilitated a more intelligent and convenient service experience [5][7] Group 4: Future Outlook - The commitment to service excellence and innovation will continue, with plans to enhance service quality and create a communication service benchmark that meets customer satisfaction and societal recognition [7]