（文章来源：第一财经） 据上海发布，上海市委书记陈吉宁近日分别会见了勃林格殷格翰股东委员会主席冯保和、蔡司集团总裁 兼首席执行官裴安德。 陈吉宁介绍了上海"十五五"规划相关情况。他说，生物医药是上海重点发展的三大先导产业之一，勃林 格殷格翰是全球领先的生物制药企业，欢迎持续加大在沪创新研发和业务布局力度，围绕基础研究、临 床试验、生产制造等加强新药开发合作，参与构建开放创新生态。用好东方枢纽国际商务合作区功能优 势，不断拓展新业务、新场景、新服务。蔡司是全球领先的光学和光电设备制造商，核心业务、战略愿 景与上海产业发展定位相契合，欢迎更好发挥企业品牌优势、专业优势、创新优势，进一步提升地区总 部功能作用，加大在沪研发制造布局，积极参与构建更具竞争力的产业生态，在面向全球市场、深化开 放合作中取得更多突破性创新性成果。上海将持续营造市场化、法治化、国际化一流营商环境，在常态 化听取企业意见建议中不断优化政策制度供给，提供便利高效服务，及时解决具体问题，支持各类企业 在沪取得更好发展。 ...

Group 1 - Shanghai is focusing on creating a long-term, stable, transparent, and predictable development environment to provide new opportunities for global enterprises [2] - The "14th Five-Year Plan" emphasizes high-level opening up and prioritizes technological innovation, aiming for high-quality development in Shanghai [2] - The biopharmaceutical industry is one of the three key leading industries in Shanghai, with a call for increased innovation and collaboration in drug development from global leaders like Boehringer Ingelheim [2] Group 2 - Zeiss, a leading manufacturer of optical and optoelectronic equipment, is encouraged to enhance its regional headquarters functions and increase R&D and manufacturing presence in Shanghai [2] - Both companies expressed commitment to deepening innovation and collaboration in the Chinese market, with Boehringer Ingelheim focusing on human pharmaceuticals and animal health [4] - Zeiss highlighted the importance of Shanghai's business environment and strategic development plans, reinforcing its investment confidence in the region [4]

中信证券研报表示，已披露的11家银行业绩快报显示，银行业经营质效保持平稳态势。展望2026年，预 计1季度信贷开门红和银行经营格局良好，息差和资产质量预期稳定，营收和利润增速恢复，夯实核心 权益资产价值。资金流出高峰已过，结合市场风偏变化因素，板块配置具备较高的性价比。 （文章来源：第一财经） ...

Group 1 - The promotion of national standards for pre-prepared dishes is beneficial for further organizing the industry and standardizing corporate operations [1] - Leading companies are expected to enjoy dual benefits of compliance dividends and market share increases due to their comprehensive advantages in R&D, production, cold chain transportation, quality control, and capital [1] - The industry outlook remains positive for catering supply chain companies, with strong demand for inventory preparation during the Spring Festival and a recovery in channel confidence [1] Group 2 - The long-term logic of food industrialization is expected to continue unfolding [1]

Core Insights - The report from Huatai Securities highlights the acceleration of Agentic Coding products, represented by Claude Code, and Agent applications, represented by OpenClaw, indicating a potential restructuring of the software industry [1] - It is predicted that 2025 will be the "Year of Agents," with 2026 likely marking the period of accelerated implementation of Agent technologies [1] - The rapid iteration of Agentic Coding is expected to significantly lower software development costs, while the value of standalone software may decline due to the "Jevons Paradox" [1] Industry Trends - The competition among major domestic and international companies for the super entry point of personal Agent assistants is anticipated to drive the next wave of token acceleration [1] - The rapid iteration of Agentic Coding could lead to an explosion of personalized, AI-generated software in the market [1] - Continuous monitoring of Agent developments is recommended as the industry evolves [1]

Group 1 - The core viewpoint of the report indicates that the Hong Kong stock market experienced increased volatility due to global risk asset fluctuations, a pullback in the global software industry, and controversies surrounding subsidies for tech giants [1] - Despite the volatility, the liquidity remains relatively abundant, with significant inflows from foreign and southbound investors driving strength in traditional sectors such as agriculture, food and beverage, and transportation [1] - Looking ahead, the peak earnings season for US tech stocks is nearing its end, and a decrease in precious metal volatility is anticipated, with potential catalysts in technology and consumer sectors around the Chinese New Year [1] Group 2 - The report suggests a balanced allocation strategy, recommending holding stocks through the holiday period while focusing on semiconductor stocks, specialty consumer sectors with improving trends, real estate chains, and innovative pharmaceuticals [1] - The mid-term allocation view remains unchanged, with a recommendation to accumulate resource stocks after stabilization and to overweight insurance and local Hong Kong stocks [1]

机构认为，当前A股市场趋势下，"轻仓持股过节"是一种审慎且符合历史规律的合理策略。 【财经日历】 澜起科技在港交所挂牌上市 新股申购：通宝光电 ►►2月6日，国务院总理李强主持召开国务院常务会议。会议指出，促进有效投资对于稳定经济增长、增强发展后劲具有重要作用。要创新完善政策措施， 加力提效用好中央预算内投资、超长期特别国债、地方政府专项债券等资金和新型政策性金融工具。要结合制定实施"十五五"规划，着眼于长远发展需要和 构筑未来竞争优势，在基础设施、城市更新、公共服务、新兴产业和未来产业等重点领域，深入谋划推动一批重大项目、重大工程。要更好发挥央国企扩投 资作用，加大力度支持民间投资发展，形成促进有效投资的合力。 ►►央行公告，中国2026年1月末黄金储备报7419万盎司，2025年12月末为7415万盎司，为连续第15个月增持黄金。 ►►中国人民银行等八部门发布关于进一步防范和处置虚拟货币等相关风险的通知。《通知》重申境内对虚拟货币坚持禁止性政策，明确虚拟货币不具有法 定货币地位，相关业务活动属于非法金融活动。同时，重申境内对于虚拟货币"挖矿"的禁止性政策等。《通知》还强调，未经相关部门依法依规同意，境内 ...

现货黄金盘初持续走高，站上5000美元/盎司，现涨0.76%。现货白银日内涨2.5%，现报79.72美元/盎 司。 责任编辑：石秀珍 SF183 现货黄金盘初持续走高，站上5000美元/盎司，现涨0.76%。现货白银日内涨2.5%，现报79.72美元/盎 司。 责任编辑：石秀珍 SF183 ...

Core Viewpoint - The article emphasizes the need to build a modern sports industry system to foster new economic growth points and enhance the structure of sports industry development [1] Group 1: Sports Industry Development - The focus is on optimizing the sports industry development structure and expanding the scale of sports consumption to promote intrinsic growth within the industry [1] - Key areas of focus include the ice and snow economy, event economy, outdoor sports industry, and sports goods manufacturing [1] Group 2: Policy and Economic Impact - There is a call for increased policy support for the sports industry to ensure effective implementation of national policies [1] - The article highlights the importance of leveraging event economic benefits by creating a number of self-owned brand events [1] Group 3: New Economic Opportunities - Development of aviation sports and water sports is encouraged to support the low-altitude economy and marine economy, opening new avenues for "sports+" integrated development [1] - The article advocates for the transformation and upgrading of the sports goods manufacturing industry to create high-end brands in the field of "Chinese smart manufacturing" [1]

乘联分会秘书长崔东树提供的最新数据显示，2026年1月份，总体乘用车市场中，新车降价车型均价24.8万元，降价力度算术平均达到3.7万元。细分来 看，新能源车降价车型的均价为25.3万元，平均降价3.8万元，降幅为14.8%；常规燃油车降价车型均价为23.8万元，平均降价3.6万元，降幅达到15%。 从降价幅度来看，当月国内乘用车新车降价车型的总体降幅高达14.9%，环比上升2.5个百分点，同比上升0.4个百分点。 此轮开年降价潮的背后，新能源汽车购置税政策的调整是直接动因。 崔东树在分析中指出，面对新能源车车购税开始征收，2026年1月直接降价的车型大增，虚高的指导价回归，有利于消费者的交税成本合理化。他进一步 分析认为，2026年截至1月的降价车型总体较丰富，主要是豪华车的价格重新梳理。这意味着，高端市场正在经历一轮激烈的价格体系重塑。 7款降价的新能源车中，降价最多的是宝马I3纯电动车型，该车型在2026年的最低指导价为27.8万元，较此前的最低指导价降低了7.59万元，降幅21.4%。 降幅最大的也是宝马，其X1纯电动车型降了7.19万元，降幅24%。 10款降价的燃油车型中，宝马有4款降价。降价最多 ...