1月底，韩国交易所首席执行官郑恩博表示，随着韩国持续推进提升股东回报、吸引全球资本的改革举 措，韩国股市涨势有望延续，韩国综合指数未来或攀升至6000点。同时，韩国交易所正通过"组合拳"优 化资本市场整体环境。 开年首次触发熔断机制 2日一早开盘，KOSPI指数便从5122.62点下跌，跌破5000点之后跌幅虽有所收窄，但上午10时起急剧下 跌。 午盘前后，KOSPI指数单日暴跌5.26%（下跌274.67点），创2025年4月以来最大跌幅。 涨势凶猛的韩国股市突然遭遇"急刹车"。 当地时间2月2日，韩国股市遭遇"黑色星期一"，韩国综合股价指数（KOSPI）跌超5%，失守5000点关 口。 去年，韩国股市以全年76%的涨幅成为全球表现最佳的市场之一，KOSPI也创下自1999年以来的最佳表 现。2026年开年以来，韩国股市延续上涨势头，不断走高，于1月22日首次突破5000点大关。 哪些因素是诱因 对于韩国股市2日暴跌，市场分析认为，美联储政策不确定性，尤其释放出的鹰派信号，比如美国总统 特朗普提名凯文·沃什为美联储主席，被视为导致全球流动性收紧预期的罪魁祸首，引发外资抛售。 数据显示，全球投资者在2日当天净 ...

今日A股共41只个股发生大宗交易，总成交8.97亿元，其中紫金矿业、龙芯中科、万事利成交额居前， 成交额依次为2.64亿元、5537万元、4782.96万元。 成交价方面，共9只股票平价成交，1只股票溢价成交，31只股票折价成交；ST明诚溢价成交，溢价率 为0.58%；天宏锂电、天银机电、毕得医药折价率居前，折价率依次为28.75%、26.57%、17.64%。 机构专用席位卖出额排名：亿纬锂能(1532.35万元)、沃尔核材(443.69万元)。 机构专用席位买入额排名：龙芯中科(5537万元)、众泰汽车(1999.98万元)、万凯新材(1999.84万元)、拉 普拉斯(1761.39万元)、亿纬锂能(1532.35万元)、晨丰科技(1029.97万元)、易事特(774.4万元)、三江购物 (671.85万元)、沃尔核材(443.69万元)、天银机电(398.7万元)、博菲电气(215.16万元)、华凯易佰(202.46 万元)。 ...

"请问您有基金从业资格、证券从业资格、证券投顾资质吗？挂靠在哪里？" 在监管部门公布对德邦基金处罚结果的当日，一位财经自媒体博主收到了公关公司发来的上述消息。 "请问您有基金从业资格、证券从业资格、证券投顾资质吗？挂靠在哪里？" 多位受访人士表示，此次 监管出手，实是对过去几年公募营销乱象的一次纠偏。 "草莽时代结束了。"该人士对第一财经表示，此前基金公司与"大V"的合作类似于网约车行业初期快速 扩张的阶段，市场需求量大但存在诸多乱象，这次处罚让他意识到，行业正迎来迈向规范化发展的转折 点。 1月30日，德邦基金因与不具备基金销售业务资格和基金从业资格的互联网"大V"开展营销合作、违规 销售基金产品，被监管部门采取责令改正并暂停受理公募基金产品注册的监管措施，该公司的总经理、 督察长、互联网业务部门负责人等也被同步追责。 值得关注的是，监管通报明确指出："基金公司及基金销售机构严格禁止与不具备资质的互联网'大V'合 作，开展任何形式的基金销售活动（含基金宣传推介）。"同时，监管还要求销售机构及第三方网络平 台加强自查自纠，按期下架"基金实时估值""加仓榜""实盘榜"等功能。 这计"重拳"在公募行业迅速引发连锁 ...

1月30日，黄金、白银价格同步上演"高台跳水"，其中，COMEX黄金期货跌8.35%报4907.50美元/盎司，COMEX白银期货跌25.50%报85.25美元/盎司。 业内普遍认为，本次黄金"巨震"，直接原因或是美国总统特朗普提名凯文·沃什为新任美联储主席，导致"独立性危机"担忧降温，美元反弹。 2月2日，黄金、白银价格继续剧烈波动。截至记者发稿，现货黄金跌6.80%，报4562美元/盎司；现货白银跌11.46%，早间曾一度转涨，但随后又大幅下挫， 报75.49美元/盎司。 第一财经发现，随着黄金、白银价格持续大幅下挫，人们投资实物黄金的热情有所松动，部分投资者选择观望，此前日日被抢断货的银行金条也出现了库 存，部分银行的实物金条甚至显示为"库存充足"状态。 投资情绪降温 今年1月，贵金属经历了历史罕见的上涨行情。去年12月底至1月28日，市场对美联储的独立性担忧、地缘风险中枢上行及弱美元预期等，直接催化COMEX 黄金期货于1月29日突破5600美元/盎司，月内最高涨幅超过29%，COMEX白银期货突破120美元/盎司，月内最高涨幅甚至达到72%，不断刷新历史。 2月2日，黄金、白银价格继续下探，投资者情 ...

Core Viewpoint - Tesla has initiated a 7-year low-interest loan promotion, leading other automakers like Xpeng, Li Auto, Xiaomi, and Geely to follow suit with similar financing options aimed at boosting consumer purchases in a competitive market [1][5]. Group 1: Financing Options - Tesla's Model 3 offers a 7-year loan with a minimum down payment of 79,900 yuan and a monthly payment of approximately 1,918 yuan, with an annual interest rate of 0.5% [2]. - NIO provides a similar 7-year financing plan with a down payment as low as 20% and an annual interest rate starting at 0.49%, significantly lowering the purchase threshold [2][3]. - Li Auto's financing options vary by model, with 6-7 year plans starting at a 15% down payment and annual interest rates ranging from 1.69% to 2.50% [3]. Group 2: Market Dynamics - The introduction of 7-year low-interest loans is seen as a strategy to increase vehicle sales amid fierce competition in the automotive market [5]. - The average monthly payment for a 7-year loan can be reduced to around 2,000 yuan, compared to approximately 5,000 yuan for a 5-year loan, easing the financial burden on consumers [5]. Group 3: Regulatory Context - Current regulations limit personal auto loans to a maximum of 5 years, but a recent policy change allows for a phased extension to 7 years, enabling companies like Tesla and NIO to offer these financing options [4]. - The shift to 7-year loans is facilitated by the conversion of auto loans into consumer loans by some financial institutions, reflecting a change in risk management practices [4]. Group 4: Financing Providers - Many of the 7-year low-interest products are provided by automotive financing leasing companies or third-party financial institutions rather than traditional banks [7]. - Li Auto's financing products are offered through various leasing companies, indicating a trend towards alternative financing models in the automotive sector [7]. Group 5: Consumer Considerations - Consumers are advised to carefully evaluate third-party leasing products, distinguishing between direct leasing and buy-back options, and to consider the total cost of ownership, including any additional fees and penalties for early repayment [9]. - The financing leasing model presents challenges, such as potential losses for leasing companies due to customer defaults and the difficulty in recovering costs from returned vehicles [10].

Core Viewpoint - The psychological horror film "The Shining," directed by Stanley Kubrick, explores deep fears related to family breakdown and human distortion, gaining recognition over time despite initial mixed reviews [1][8]. Box Office Performance - "The Shining" has grossed over 19.03 million yuan in China as of February 2, with a projected total box office of 52.09 million yuan [1]. - The film's 4K restoration has enhanced its visual and audio quality, contributing to its appeal, particularly in IMAX format, which accounts for nearly one-third of its box office [1]. Adaptation Differences - The film significantly diverges from Stephen King's original 1977 novel, particularly in the characterization of the protagonist, Jack, who is portrayed as unstable from the beginning in the film [2]. Iconic Scenes and Cultural Impact - The film features memorable scenes and lines, such as Jack's iconic "Here's Johnny!" and the haunting phrase "All work and no play makes Jack a dull boy," which have become cultural symbols [3]. - Elements like the blood-filled elevator and the twin girls have been referenced in popular culture, showcasing the film's lasting influence [10]. Cinematic Techniques - "The Shining" utilized innovative filming techniques, including the use of Steadicam for smooth tracking shots, enhancing the film's oppressive atmosphere [5]. - Kubrick's spatial manipulation creates a sense of unease, contributing to the film's psychological horror [5]. Actor Performances - Jack Nicholson's portrayal of Jack is noted for its memorable transformation from a mild-mannered writer to a deranged killer, while Shelley Duvall's performance as Wendy has been re-evaluated as a genuine depiction of fear and helplessness [6][7]. - The filming process was intense, with Kubrick reportedly pushing Duvall to her limits, which has been a topic of discussion regarding the film's production [6]. Redefining Horror - Upon its release, "The Shining" presented a slow-paced psychological nightmare, focusing on Jack's mental decline rather than traditional horror elements, which was initially seen as unconventional [8]. - The film's themes of madness and isolation have led to extensive analysis and reinterpretation over the years, solidifying its status as a classic [10]. Legacy and Influence - "The Shining" remains a top contender in horror film rankings and has inspired numerous works, including the recent film "Doctor Sleep," which attempts to bridge the gap between King's novel and Kubrick's adaptation [10]. - The film's stylistic approach to horror, relying on atmosphere and psychological tension rather than jump scares, has influenced the genre significantly [10].

当前7年期低息产品并非汽车金融市场主流，行业核心产品依旧是1~5年期常规车贷。 2026年开年，特斯拉将低息贷款周期延长至7年，率先打响开年金融促销的第一枪。随后，小鹏、理 想、小米、吉利等多家车企推出了超长期低息金融购车方案。 近日，第一财经记者走访市场时发现，多家车企虽然推出超长期低息方案，但主要为补充性金融产品， 且不同的车型政策有所不同。此外，多名主机厂销售人员在向消费者推销汽车时仍以此前推出的1～5年 金融政策为主，而超长期低息贷款方案推出是为扩大消费群体进行的促销策略。 "7年低息"花式促销 从车企推出的七年低息金融方案来看，其首付款和月供金额较低，其中月供普遍在2000元上下。以率先 推出此类金融方案的特斯拉为例，其售价23.55万元的Model3后轮驱动版，若选择7年期的"限时低息贷 款方案A"，首付最低7.99万元，月供为1918元；特斯拉首付30%，年化费率仅为0.5%，折合年化利率 0.98%。蔚来汽车推出限时7年（84期）低息金融购车方案，可享首付低至20%、年化费率低至0.49%。 若选择BaaS电池租用服务，首付仅需3.8万元起，月供低至1872元，月利息最低62.8元，并直接降低 ...

Core Insights - The AI industry is experiencing a transformation that redefines productivity and business logic, driven by the integration of AI technologies such as GEO (Generative Engine Optimization) and Agents [1][18] - The event gathered over 150 participants from academia, industry, and investment sectors to discuss the implications of AI on productivity, industry restructuring, and business model innovation [1] Group 1: AI's Impact on Productivity - AI is breaking traditional boundaries of productivity by merging the roles of production tools and labor, thus becoming a crucial carrier of production resources [3] - The trend towards automated decision-making and execution in AI is seen as inevitable, with AI reshaping attention distribution and value capture mechanisms [3][4] - AI is significantly influencing decision-making processes in over 70% of scenarios, leading to a reduction in decision costs for enterprises [4] Group 2: Competitive Landscape and Market Dynamics - The emergence of AI is reshuffling the competitive landscape, with companies not included in AI recommendation lists facing exclusion from competition [4] - The current phase of AI recommendations presents opportunities for small and emerging brands to optimize their entry into AI recommendation sequences [4][5] - Companies are advised to clarify their core product logic to be recognized as benchmark enterprises by AI systems [5] Group 3: Practical Applications and Industry Insights - AI is recognized as an effective tool for enhancing quality and efficiency across various vertical industries, with successful implementation being a shared consensus [6][8] - The integration of AI into business operations is seen as a necessity, with organizations needing to adapt to new technologies and changing user habits [8] - The concept of GEO is becoming a core KPI across industries, indicating a shift in how productivity and resources are managed [8][10] Group 4: Future Trends and Strategic Recommendations - The next 5-10 years are predicted to be a golden opportunity for enterprise-level AI development, necessitating proactive engagement with AI technologies [13] - Companies must embrace organizational changes and learn to interact effectively with AI to unlock its full potential [9][17] - The balance between consumer experience and AI technology value is crucial for successful AI implementation in retail and other sectors [9][10]

医药企业近日陆续披露年报预告，据东方财富Choice数据统计，截至目前，A股医药生物板块有137家 企业预告2025年亏损，其中首亏、增亏的企业数量占比一半以上；而预计去年归属于母公司的净利润亏 损最高的，达到137亿元。 药企亏损的背后，受制于多方面因素，其中产品价格下跌成为高频词。 亏损最高的超百亿 具体看这137家预告亏损的医药生物企业，涵盖了原料药、化学制剂、中药、疫苗、医药流通、体外诊 断、医疗耗材、医疗研发外包、医疗设备等细分领域，从预告归属于母公司的净利润下限指标看，亏损 最大的是智飞生物（300122.SZ），去年业绩首亏，公司预计归属于母公司的净利润亏损最高可达到 137.26亿元；紧接着是珍宝岛（603567.SH），预计去年归属于母公司的净利润亏损最高可达到11.73亿 元；之后是百利天恒（688506.SH），预计去年归属于母公司的净利润亏损最高可达到11亿元。 另外，蓝帆医疗（002382.SZ）、神州细胞（688520.SH）、润达医疗（603108.SH）、广济药业 （000952.SZ）这四家企业预计去年归属于母公司的净利润亏损最高可超过5亿元。 A股医药生物板块企业的亏损，受 ...

部分银行实物金条甚至显示为"库存充足"状态。 2月2日，黄金、白银价格继续剧烈波动。截至记者发稿，现货黄金跌6.80%，报4562美元/盎司；现货白银跌11.46%，早间曾一度转涨，但随后又大幅下挫， 报75.49美元/盎司。 第一财经发现，随着黄金、白银价格持续大幅下挫，人们投资实物黄金的热情有所松动，部分投资者选择观望，此前日日被抢断货的银行金条也出现了库 存，部分银行的实物金条甚至显示为"库存充足"状态。 投资情绪降温 今年1月，贵金属经历了历史罕见的上涨行情。去年12月底至1月28日，市场对美联储的独立性担忧、地缘风险中枢上行及弱美元预期等，直接催化COMEX 黄金期货于1月29日突破5600美元/盎司，月内最高涨幅超过29%，COMEX白银期货突破120美元/盎司，月内最高涨幅甚至达到72%，不断刷新历史。 1月30日，黄金、白银价格同步上演"高台跳水"，其中，COMEX黄金期货跌8.35%报4907.50美元/盎司，COMEX白银期货跌25.50%报85.25美元/盎司。 业内普遍认为，本次黄金"巨震"，直接原因或是美国总统特朗普提名凯文·沃什为新任美联储主席，导致"独立性危机"担忧降温，美元反弹 ...