转自：极目新闻 近日，有网友在社交平台晒出海南航空空姐头戴发簪的照片，并配文："看这个簪子又尖又长，有点害怕。"帖子一出，引发网友热议。 有人觉得这位网友多虑了，也有人认真讨论起安全问题，担心突发意外时，发簪会伤到乘务员或旅客。 记者以旅客身份咨询了海航旗下两家航司，一位客服说，发簪并不尖锐，顶部是钝的，"没什么危险性"。另一位客服也表示，会保障旅客和空乘人员的安 全。 海南航空客服回应称，发簪是装饰品，没有尖锐部分，具体材质不便透露；作为自古沿用的一种传统发饰，其本身没有安全方面的隐患，航空公司也始终 是以安全为主的。 原标题《海航空姐统一戴长发簪引安全讨论，有人认为美观无妨，有人建议航司取消装饰要求，客服：发簪并不尖锐》 【未经授权，严禁转载！联系电话028-86968276】 极目新闻记者注意到，有关空姐戴发簪的安全争议，时有发生。有人发文称，自己虽然理解航司想表现传统古典美，但忍不住思考——发簪在万米高空真 的安全吗？飞机颠簸或逃生时，发簪会不会变成"暗器"？还有人公开发表意见，建议海航取消用簪子装饰的要求，并表示："我觉得发饰的美观与安全是 能实现兼顾的，如果不能，那也应该优先确保安全。" 不过，也 ...

中国民航网 通讯员邓文杰 报道：12月29日，2024江西社会责任（领军）企业（企业家）发布会在南昌 举行。省政协副主席、省工商联主席谢茹出席活动，为优秀企业家代表颁发证书并共同启动"义企聚 爱"公益活动。公司党委副书记、纪委书记郭卫华出席活动。 本次发布会的举行是对江西企业和企业家履行社会责任成果的一次集中展示，也是大力弘扬"厚德实 干、义利天下"新时代赣商精神的重要举措。通过树立一批社会责任建设标杆，引导广大企业和企业家 把社会责任融入发展战略和经营实践，在服务国家战略、助力乡村振兴、推进科技创新、参与公益慈善 等方面持续发力，为江西高质量发展注入更强劲的动能。 本次推选活动自启动以来，坚持公开公平公正原则，严格履行推荐申报、综合评审、社会公示等程序， 江西航空从全省500余家企业中脱颖而出，荣获"2024江西社会责任企业"称号。 近年来，江西不断扩大内需、提振消费摆在经济工作的首要位置，江西航空以"大众化航空公司"为发展 定位，致力于通过提供高性价比、高适配性的航空服务惠及更广大的出行群体，实现航空人口规模和人 均乘机次数的增长，与江西扩大内需、提振消费的目标相契合。江西航空将稳步扩大机队规模、持续构 ...

大盘收官日氛围清淡，三大指数盘中均一度跌超1%。截止收盘，恒生指数跌0.87%或224.06点，报 25630.54点，全日成交额为1189.66亿港元；恒生国企指数跌0.86%，报8913.68点；恒生科技指数跌 1.12%，报5515.98点。全年来看，港股连续大涨两年，2025年恒指累涨27.77%，创2017年来最佳表现； 国指累涨22.27%；恒科指数则累涨23.45%，为成立以来表现最佳。 百度集团-SW(09888)逆市上扬。截至收盘，涨1.39%，报131.5港元，成交额11.61亿港元，贡献恒指3.55 点。华鑫证券指出，公司AI新业务持续增长，本季首次披露细节，展现出公司AI业务的自信，也有望 提振市场信心。作为较早布局AI技术的互联网传统巨头，公司的全栈AI能力（模型、应用、芯片、智 能驾驶等）可能尚未得到市场重视。 其他蓝筹股方面，舜宇光学科技(02382)涨1.16%，报65.55港元，贡献恒指0.87点；紫金矿业（601899） (02899)涨0.85%，报35.66港元，贡献恒指2.87点；信达生物(01801)跌3.66%，报76.25港元，拖累恒指 7.58点；新东方-S( ...

Core Viewpoint - The new investment themes for 2026 are emerging in the commodity market, real industry chain, and foreign exchange market, driven by a scenario where investment exceeds consumption, leading to increased physical consumption across various manufacturing sectors [1] Group 1: Investment Opportunities - Focus on AI investments and the recovery of global manufacturing, particularly in industrial resource products such as copper, aluminum, tin, lithium, crude oil, and oil transportation [1] - Attention to China's equipment export chain, which has global comparative advantages and is confirmed at the bottom of the cycle, including power grid equipment, energy storage, lithium batteries, photovoltaics, engineering machinery, and commercial vehicles [1] - Identify domestic manufacturing sectors that are showing signs of bottom reversal, such as chemicals (dyeing, coal chemicals, pesticides, polyurethane, titanium dioxide) and wafer manufacturing [1] Group 2: Consumer Recovery - Capture the recovery in consumption driven by inbound tourism and rising household income, focusing on sectors like aviation, hotels, duty-free shops, and food and beverages [1] Group 3: Non-Banking Financial Sector - Benefit from the expansion of the capital market and the bottoming out of long-term asset returns, particularly in non-bank financial sectors such as insurance and brokerage [1]

Core Viewpoint - The new investment theme for 2026 is emerging in the commodity market, real industry chain, and foreign exchange market, characterized by a scenario where investment exceeds consumption, leading to increased physical consumption across manufacturing sectors and extended trading ranges for bulk commodities, with China's manufacturing advantages becoming more evident and reflected in the foreign exchange market [1] Group 1: Investment Opportunities - Focus on AI investments and industrial resource products that resonate with the global manufacturing recovery, including copper, aluminum, tin, lithium, crude oil, and oil transportation [1] - Attention to China's equipment export chain, which has global comparative advantages and is confirmed at the cycle bottom, including power grid equipment, energy storage, lithium batteries, photovoltaics, engineering machinery, and commercial vehicles, as well as domestic manufacturing sectors showing signs of bottom reversal, such as chemicals (dyeing, coal chemicals, pesticides, polyurethane, titanium dioxide) and wafer manufacturing [1] - Capture the recovery in inbound tourism and the increase in residents' income, leading to a rebound in consumption in sectors like aviation, hotels, duty-free shops, and food and beverages [1] - Benefit from the expansion of the capital market and the bottoming out of long-term asset returns in non-bank sectors, including insurance and brokerage firms [1]

近日，马来西亚航空集团(MAG)发布2026-2030年长期商业计划3.0(LTBP3.0)，旨在从稳定阶段迈向规模 化增长，巩固亚洲领先旅行与航空服务集团地位。该计划延续LTBP2.0发展势头，后者推动集团负债减 少逾150亿令吉(约合人民币259亿元)、化解100亿令吉(约合人民币172亿元)历史债务，同时实现连续三 年经营盈利、两年税后净利润为正，客户满意度与非航业务收入均稳步提升。 (马来西亚航空集团) 资料显示，LTBP3.0锚定2030年核心目标：推动马来西亚国际航空跻身Skytrax全球最佳航空公司前十 (当前排名第27位)，集团总营收翻倍至超240亿令吉(约合人民币414亿元)，航空服务第三方业务收入增 长超60%。 计划以四大战略支柱为核心，辅以人才、数字创新等要素保障落地：一是打造亚太高端航司，升级全链 条高端服务，运力扩大超50%并引进近百架新机型，推进机队现代化；二是深化合作伙伴关系，构建全 球合作网络，衔接全球1100多个目的地，巩固马来西亚航空枢纽地位；三是强化运营领导力，培育人才 技术专长，推行行业领先运营标准；四是拓展韧性业务，重点提升货运、机上餐饮等对外业务能力，增 强财务韧 ...

中国民航网 通讯员张斌、薛琪、曹瀚文、亢煊柠 报道：12月21日是二十四节气中重要的节气冬至，民 间素有"冬至大如年，人间小团圆"的说法，这份团圆期许也蔓延至万米高空。当日，东航西北分公司多 架航班同步开展冬至主题活动，让奔赴团圆或跨越山海的旅客在万米高空邂逅节气之美，感受传统文化 与航空服务交融的暖心魅力。涉及航班包括MU2153西安—上海虹桥、MU2316福州—西安、MU2149西 安—贵阳国内航班，以及MU792悉尼—西安国际航班。 国内航班上，"暖冬知味·云端寻俗"主题活动温情启幕。乘务组化身民俗讲解员详解冬至习俗与常识， 穿插趣味问答并赠送限定文创、窗花剪纸等礼品，不少旅客手持礼品合影，定格这份独属于云端的团圆 记忆。 现场更不乏暖心片段，乘机的小朋友乐乐随祖父母前往西安看望父母，登机时便念叨今天是冬至，想吃 汤圆，这一幕被细心的乘务组看在眼里。飞机平飞后，乘务员主动来到乐乐身边，用"暖冬知味 云端寻 俗"主题手牌为他讲解冬至习俗，小家伙瞬间怯意全消，眼睛亮了起来，听得十分认真，还主动跟乘务 员解释："我不是小馋猫，是妈妈包的汤圆特别好吃！" 稚嫩的话语让客舱里泛起阵阵暖意。 国际航线上，东航西北" ...

Group 1 - The market status indicates an increased correlation between the US and Chinese markets, with the 20-day rolling correlation of the CSI 300 and S&P 500 rising above the 90th percentile, reflecting a new normal of "overnight alignment and intraday reversal" [2][10][13] - The US core CPI has decreased to 2.6%, the lowest in three and a half years, while the unemployment rate has risen to 4.6%, primarily due to increased labor participation and temporary unemployment, indicating a stable economic environment without significant inflationary pressures [2][10][13] - China's economic fundamentals show a combination of corporate profit bottoming out and a decline in domestic demand, which opens a window for further policy support [2][10][13] Group 2 - The AI industry chain is experiencing a divergence, with broader AI-related assets (copper, lithium, aluminum, energy storage, and electrical equipment) performing better than core AI assets (computing chips, optical modules, PCB) [3][24][25] - Investors are becoming less tolerant of the contradiction between aggressive capital expenditures and the lack of revenue growth in companies within the AI industry chain, leading to a negative correlation between stock performance and capital expenditure as a percentage of revenue [3][24][25] - Commodity prices for copper, aluminum, tin, and lithium carbonate have been rising since late October, driven by demand from AI investments, with near-term contracts for copper and tin outperforming longer-term contracts [3][24][25] Group 3 - The concept of "expanding domestic demand" is emphasized as a strategic move, with a focus on increasing consumer demand supported by income growth and effective investment [4][31][32] - The government plans to enhance the second distribution of income by increasing minimum pension standards and implementing childcare subsidies, while future efforts may focus on optimizing the first distribution through wage reforms [4][31][32] - Historical examples from Japan and the US illustrate that income growth leads to increased service and new-type consumption, suggesting that China's current income growth initiatives could similarly boost consumer spending [4][31][32] Group 4 - The current market environment, characterized by limited macro elasticity and increased industry differentiation, suggests a shift in investment strategy towards tangible demand and domestic policy benefits as the new focus for 2026 [5][42][43] - Recommendations include investing in industrial resource products (copper, aluminum, tin, lithium, crude oil) that benefit from AI investment and global manufacturing recovery, as well as sectors poised for recovery in consumer spending (airlines, hotels, duty-free, food and beverages) [5][42][43] - Non-bank financial institutions (insurance, brokerage) are expected to benefit from capital market expansion and a rebound in long-term asset returns, alongside opportunities in China's equipment export chain and manufacturing sectors [5][42][43]

Group 1: Market Status - The correlation between A-shares and U.S. stocks has increased, with the 20-day rolling correlation of the CSI 300 and S&P 500 rising above the 90th percentile for the year, indicating a new normal of "overnight alignment, intraday reversal" [1][5][38] - Both the U.S. and China are in a phase characterized by limited upward elasticity and reduced downward risk, akin to a "Goldilocks" scenario, with the U.S. core CPI dropping to 2.6%, the lowest in three and a half years [1][8][9] - In China, corporate profitability has bottomed out, and the weakening of domestic demand creates a favorable environment for subsequent policy support [1][8] Group 2: AI Industry Chain - The investment in the AI industry chain is showing two key characteristics: broader macro effects benefiting "pan-AI" assets (copper, lithium, aluminum, energy storage, and electrical equipment) outperforming core AI assets (computing chips, optical modules, PCB) [2][17] - Investors are becoming less tolerant of the contradiction between aggressive capital expenditures and the lack of revenue growth in companies within the AI industry chain, leading to a negative correlation between stock performance and capital expenditure as a percentage of revenue [2][17][18] Group 3: Understanding "Expanding Domestic Demand" - The "income increase" plan aims to enhance net transfer payments to residents by 2025, with a focus on improving initial distribution through wage reforms, particularly in state-owned enterprises [3][25] - The expansion of consumption tax and adjustments in corporate income tax rates are expected to be seen in 2026, which may further stimulate domestic consumption [3][25][28] Group 4: Investment Strategy for 2026 - The current market conditions suggest a shift from a single industry narrative to a dual focus on "physical demand stimulation" and "domestic policy benefits," with recommendations to invest in industrial resource products (copper, aluminum, lithium, oil) and sectors benefiting from consumer recovery (airlines, hotels, food and beverages) [4][38] - Non-bank financial institutions (insurance, brokerage) are expected to benefit from capital market expansion and a bottoming out of long-term asset returns [4][38] - Opportunities are identified in China's equipment export chain and sectors showing signs of recovery in domestic manufacturing [4][38]

Group 1: Market Status - The correlation between A-shares and U.S. stocks has increased, with the 20-day rolling correlation of the CSI 300 and S&P 500 rising to over 90% since November, indicating a new norm of "overnight same direction, intraday reverse" [2][11][45] - Both the U.S. and Chinese economies are in a phase of "limited upward elasticity and reduced downward risk," with the U.S. core CPI falling to 2.6%, the lowest in three and a half years, and the unemployment rate rising to 4.6% primarily due to increased labor participation and temporary unemployment [2][13][47] - The Chinese economy shows signs of a bottom in corporate profits, while domestic demand is weakening, creating a favorable environment for subsequent policy support [2][13][47] Group 2: AI Industry Chain - The investment in the AI industry chain is showing two notable characteristics: first, "pan-AI" assets (copper, lithium, aluminum, energy storage, and electrical equipment) are performing better than core AI assets (computing chips, optical modules, PCB) [2][18][52] - Investors are becoming less tolerant of the contradiction between aggressive capital expenditures and the lack of revenue growth in companies within the AI industry chain, as evidenced by the negative correlation between stock performance and capital expenditure as a percentage of revenue [2][18][52] - Commodity prices for copper, aluminum, tin, and lithium carbonate have been rising since late October, driven by supply-demand dynamics, with near-term contracts for copper and tin outperforming longer-term contracts [2][19][53] Group 3: Understanding "Expanding Domestic Demand" - The articles published in "Qiushi" magazine emphasize the importance of consumer demand as a primary focus for expanding domestic demand, highlighting the need for a complete domestic demand system [3][24][58] - The strategy includes enhancing secondary distribution to increase residents' net transfer income and optimizing primary distribution to improve labor income, with potential reforms in state-owned enterprises to guide wage adjustments [3][25][58] - Historical examples from Japan and the U.S. show that periods of rising resident income lead to increased service and new-type consumption, indicating that the current "income increase plan" may boost demand for service consumption and technology-driven durable goods [3][27][58] Group 4: Preparing for 2026 - The current market conditions, characterized by limited macro elasticity and increased industry differentiation, suggest a shift in investment strategy towards "physical demand-driven" and "domestic demand policy dividends" as more certain avenues for growth [2][39][40] - Recommendations include focusing on industrial resource products (copper, aluminum, tin, lithium, crude oil, and oil transportation) that benefit from AI investment and global manufacturing recovery, as well as sectors like aviation, hotels, duty-free, and food and beverage that will benefit from increased consumer spending [2][32][39] - The non-bank financial sector (insurance, brokerage) is expected to benefit from capital market expansion and a bottoming out of long-term asset returns, alongside opportunities in China's equipment export chain and domestic manufacturing sectors [2][32][39]