智通财经APP获悉，澳门统计暨普查局资料显示，2026年1月澳门货物出口和进口总值分别为14.6亿元 (澳门元，下同)及131.6亿元，同比上升29.2%及24.6%。1月的对外商品贸易总额共146.2亿元，货物贸易 逆差为117.1亿元。 与2025年同月比较，1月再出口货值(13.0亿元)升幅为29.8%，当中手表、钻石及钻石首饰分别增加 68.5%和32.0%，美容化妆及护肤品则减少23.5%；澳门本地产品出口(1.6亿元)上升24.2%，其中铜及其 制品、医药及有机化学产品分别增加57.7%和13.2%，成衣则减少63.4%。货物进口总值同比上升 24.6%，当中手机、黄金制首饰分别增加1.8倍和48.9%。 按出口目的地统计，1月输往中国内地(7,613万元)、中国香港特区(11.5亿元)及美国(2,785万元)的货值同 比分别上升47.3%、36.3%和12.0%，而出口至欧盟(565万元)的货值则下跌78.7%。按货物分类，非纺织 品出口上升35.2%至13.6亿元，纺织品及成衣则下跌20.4%至1.0亿元。 按进口货物原产地统计，1月产自中国内地(47.5亿元)、中国香港特区(8.7亿元)及欧 ...

距监管要求的A股ESG报告强信披"大限"仅剩两个月，ESG大考已然拉开帷幕。根据交易所要求，471家A股上市公司须在4月30日前提交2025年度ESG报告。 回看上一个披露季，ESG强信披企业的报告披露率高达95%。电子行业作为知识密集型产业的代表，其业务覆盖从纳米级芯片到各类智能终端的广泛领域。 据21世纪经济报道记者统计，共有64家电子企业被纳入交易所ESG强信披范围，2024年ESG报告披露率为82.81%。 然而值得注意的是，在少数未披露的28家ESG强信披上市公司中，电子企业占据了近半数席位，数量达到11家，成为"掉队"最为明显的板块。电子行业中， 工业富联、立讯精密和京东方A是2024年营收排名前三者，营收排名前20的ESG强信披电子企业均披露了2024年ESG报告，行业内部的ESG表现正呈现明显 的"头部领先、尾部滞后"的分化格局。信披分化的背后原因究竟有哪些？头部链主企业又该如何带动供应链、产业链协同降碳？ 随着披露截止日期日益逼近，11家尚未交卷的电子企业能否如期完成ESG信披，记者将持续关注。 立讯精密2024年碳排激增32% | 证券简称 | 2024年温室气体排放总量同比增速 | 范围 ...

奢侈品企业如今就像被车灯照到的兔子，手足无措。奢侈品二手市场正迎来临界点，但许多品牌仍不知 该何去何从。 二手交易是奢侈品市场增长最快的领域之一，但品牌尚未找到有效参与方式 作者：卡罗尔・瑞安 根据贝恩公司的预估，去年奢侈品二手市场规模首次突破 500 亿欧元（按当前汇率约合 590 亿美元）。 二手业务增速远超一手新品市场，规模已与奢侈品品牌通过折扣店实现的总交易额相当 —— 而折扣店 是其第三大销售渠道。 为避免卷入法律纠纷，二手商必须尽量少使用品牌商标，仅可在描述商品时使用品牌标识，不得在广告 或社交媒体内容中大面积展示，且在营销中不能营造出与奢侈品品牌存在合作关系的假象。 真正的问题在于每年涌现的数千家小型二手卖家。奢侈品通过社交媒体直播、Shopify 店铺、Vestiaire Collective 等 C2C 平台转售，注重品牌形象的大牌根本无法控制商品的展示方式。 百货商场也纷纷入局，新品与二手奢侈品开始在同一渠道销售。Fashionphile 与尼曼・马库斯达成合 作，顾客可用二手奢侈品置换店内积分，用于购买新品。 波士顿咨询集团数据显示，自 2020 年以来，消费者衣橱中二手商品占比上升 7 ...

当沉甸甸的手提袋被递到手中，胡女士双手颤抖，确认物品分毫不少后，激动地连声道谢。 铁路工作人员提示，如果出行途中发现行李物品遗失，可第一时间向身边的工作人员求助，也可拨打 12306热线咨询。 荆州站工作人员立即与D2378次列车取得联系，乘务组在行李架上发现了胡女士描述的黑色手提袋。打 开后发现，里面果然装着金条、金手链、金项链等金饰。 经过沟通，胡女士决定，让D2378次列车乘务组将行李送到汉口站，自己也乘坐最近一趟D3274次列车 到汉口站取回。 汉口站站台值班员肖祺立即启动失物紧急处置预案。肖祺与列车长一件一件核对物品信息，民警全程录 像，共同清点封装、签字确认。 转自：扬子晚报 2月20日11时07分，D2378次列车停靠湖北荆州站，胡女士（化姓）下车接电话，不慎错过了发车提 示。等她反应过来，列车已经关门启动了。车上还有她的行李，包括900克的黄金首饰，价值约135万 元，还有身份证、手表等贵重物品。 来源｜极目新闻 ...

后来我搬进了写字楼，腕上换了块时尚的新表。不仅能计时，还能连手机，接打电话，也能记录我的血 糖血脂及行走步数，屏幕上跳动的数字精准记录我的生活：六点十分的闹钟，八点半的早会，十二点的 午休倒计时，晚上九点的报表截止提醒。我学会了在地铁里单手刷报表，在午餐间隙回复工作邮件，脚 步追着手表的指针跑，渐渐赶上了这座城市的节奏。可每当深夜加完班，独自坐在空荡的办公室，望着 窗外的霓虹，疲惫总像潮水般漫上来。故乡成了遥远的梦，只有在被客户刁难、被生活磕碰时，才会在 心底泛起点微澜，想起父亲递表时的眼神。 我拿着手表，指尖划过冰凉的表壳，表面的划痕在灯下泛着柔光，我望着那静止的指针，看了很久。也 许父亲的那句"看准时辰"，是让我记得按时上班，也记得到点吃饭休息。正如农人一样春播要等气温回 暖，霜降了不能误了秋收。 我把表仔细擦拭干净，放在卧室的窗台上。今晨阳光正好，透过薄纱窗帘洒在表壳上，黄铜的光泽变得 温润柔和，像老家晒过秋阳的麦垛。新的一天依旧要堵车、开会议、应对琐碎的生活，可每当想起那块 表，心里就多了块压舱石。我忽然明白，我的根还深扎在那片讲究"春播秋收" 的黄土地里，带着父亲 教的 "准时辰"的踏实；而我的枝叶 ...

西普尼公告，根据对集团截至2025年11月30日止11个月之未经审核综合管理帐目之初步审阅，其录得净 利润超过人民币9000万元。根据集团之现有资料，相对于截至2024年12月31日止年度净利润约人民币 4900万元，预期集团截至2025年12月31日止年度将录得更高的净利润。集团净利润的预期增长主要基 于：(1)由于饰品的销售收入增加；及(2)由于销售手表的毛利率增加。 2月13日，恒生指数公司宣布截至2025年12月31日之恒生指数系列季度检讨结果，其中西普尼(02583)获 纳入恒生综合指数。变动将于2026年3月6日(星期五)收市后实施并于2026年3月9日(星期一)起生效，届 时沪深交易所会相应调整港股通可投资标的范围。据中金研报，西普尼有可能被调入港股通，因其满足 了包括市值、流动性和上市时间等在内的一系列标准。 ...

Core Viewpoint - Movado's stock is under observation due to significant upcoming events and financial forecasts, particularly regarding revenue expectations and strategic adjustments in the Middle East market. Financial Performance - The expected revenue for Q4 of FY2026 is approximately $18.14 million, with the specific earnings report date yet to be announced, typically following the fiscal year-end [2] - Analysts predict revenue for Q1 of FY2027 to be around $13.49 million, with no clear date for the earnings report [2] Business Status - Management has restructured the team and adjusted strategies to drive growth in the Middle East market in FY2026 [3] - A tariff agreement between the U.S. and Switzerland is expected to reduce the tariff rate on Swiss watches to 15% (one-third of the original rate), potentially lowering operational costs and improving gross margins [3] Brand Marketing Activities - The company continues to focus on innovative designs and lab-grown diamonds, enhancing brand exposure through digital marketing and celebrity endorsements, such as Jessica Alba and Christian McCaffrey, to drive business growth [4] Financial Movements - The board has approved a quarterly dividend payment of $0.35 per share, and there remains an authorized amount of approximately $48.4 million for stock buybacks, which may impact shareholder returns [5]

Core Viewpoint - The Hang Seng Index Company announced the inclusion of Xipuni (02583) in the Hang Seng Composite Index, effective March 9, 2026, following a quarterly review, which may also lead to its inclusion in the Stock Connect program due to meeting various criteria [1] Group 1: Company Performance - Xipuni reported a preliminary net profit exceeding RMB 90 million for the 11 months ending November 30, 2025, indicating a significant increase compared to a net profit of approximately RMB 49 million for the year ending December 31, 2024 [1] - The expected growth in net profit for Xipuni is attributed to an increase in sales revenue from jewelry and an improvement in the gross margin from watch sales [1]

Summary of Conference Call Notes Company and Industry Involved - The company discussed is Feiya, which is involved in the precision gear and watch industries, particularly focusing on the acquisition of Chang Kong Gear, a subsidiary of AVIC (Aviation Industry Corporation of China) [1][2]. Core Points and Arguments - **Acquisition of Chang Kong Gear**: - Feiya signed a share acquisition intention agreement with Hanhang Electromechanical in June 2025 to acquire all or part of the controlling stake in Chang Kong Gear [1]. - Chang Kong Gear is the only precision gear manufacturer under AVIC, with an audited revenue of 370 million yuan and a net profit of 20 million yuan projected for 2024 [1]. - The acquisition is expected to open up diverse application scenarios, including humanoid robots [2]. - **Focus on Precision Gears and Reducers**: - Chang Kong Gear specializes in high-precision small modulus gears and reducers, which are used in aerospace precision processing and humanoid robot joint drive systems [2]. - The company has a comprehensive quality system and covers the entire process from gear teeth to surface treatment [2]. - It has participated in national projects for the domestic replacement of harmonic reducers used in industrial robots [2]. - **Watch Business Resilience**: - The watch segment shows resilience, with ongoing optimization of stores and expenses [3]. - High-end brands like Rolex constitute a significant portion of the business, which is less affected by weakening consumer demand [4]. - **Positive Response to Domestic Products**: - National-themed products, including those related to aerospace, have received favorable responses, and progress has been made in the development of key components for domestic movements [5]. - The company plans to adhere to a "dual-wheel drive" strategy over the next 5-10 years, with stable growth in the watch business and the precision technology sector gradually becoming a new growth engine [5]. Other Important but Possibly Overlooked Content - The strategic focus on both the watch and precision technology sectors indicates a balanced approach to growth, leveraging existing strengths while exploring new opportunities [5].

Group 1 - The article discusses the natural phenomenon of presbyopia, which affects individuals over the age of fifty, making it difficult to read small text and requiring the use of reading glasses [4][5] - The author reflects on the limitations of reading glasses, noting that they only assist with visual clarity and do not address emotional misunderstandings or deeper truths [6][7][8] Group 2 - The writing process is described as a creative endeavor that benefits from a relaxed state, where the author finds inspiration while lying down and using a draft notebook [10][11][12] - The article contrasts the use of traditional writing tools like pens with modern technology, highlighting the cultural shift in writing practices and the emotional connection to language [17][18] Group 3 - The relationship with technology, particularly smartphones and computers, is explored, emphasizing the convenience they bring to communication and information gathering, while also critiquing their impact on focus and attention [13][15][16] - The author notes the evolution of timekeeping devices, indicating a shift away from traditional watches to reliance on digital devices, which reflects a broader change in lifestyle and priorities as one ages [21][22] Group 4 - The presence of a badminton racket in the workspace symbolizes a balance between intellectual pursuits and physical activity, suggesting that both are integral to a fulfilling life [23][28]