Group 1 - The Indian stock market, which faced the worst performance among emerging markets in 2025, is experiencing renewed optimism following a trade agreement with the U.S. that includes a reduction in tariffs on Indian goods [1][2] - The U.S. will lower the tariff rate on Indian goods from 25% to 18%, effective immediately, while India will stop purchasing Russian oil, which is expected to stabilize the Indian rupee and attract foreign investment back into the market [1][4] - Following the announcement, the Nifty 50 index rose by 2.55% and the Sensex index increased by 2.54%, marking the strongest single-day gains since May of the previous year [1] Group 2 - Despite the high tariffs imposed by the U.S., India's economy has shown resilience, with GDP growth projected at 7.4% for the fiscal year 2025-26, up from 6.5% in the previous year [2] - The Indian rupee appreciated by 1.5% against the dollar, reaching 90.1250, indicating a potential recovery after a year of depreciation [1][3] - The trade agreement is expected to have a positive structural impact on India's economy, enhancing its strategic importance to global investors and improving market sentiment [6] Group 3 - Various sectors related to exports, including automotive, pharmaceuticals, energy, and infrastructure, saw significant gains, with increases exceeding 2% [5] - Analysts predict that 2026 could be a recovery year for the Indian stock market, with firms like Goldman Sachs and HSBC upgrading their ratings on Indian stocks due to recent government reforms [6] - However, concerns remain regarding the attractiveness of Indian equities, as the market's valuation remains high compared to other emerging markets, with a premium of 55% to 60% [7][8]

21世纪经济报道记者周潇枭 北京报道 近日，经济大省陆续召开2026年地方两会，2026年增长目标和重点工作随之揭晓。 21世纪经济报道记者梳理发现，四川、湖北2026年经济增长目标定在5.5%左右，浙江、山东定在5%以上，江苏、河南、上海、北京定在5%左 右，广东定在4.5%-5%。总体来看，经济大省2026年经济增长目标在5%左右。 与此同时，部分省份还披露了"十五五"时期的经济增长目标。广东、江苏、河南、上海等省份预计"十五五"期间GDP年均增长5%左右，北京 预计"十五五"期间GDP年均增速在4.5%-5%。 经济大省2026年重点工作包括提振消费、扩大有效投资、发展培育新质生产力、着力稳定房地产市场等。尤值一提的是，2026年各省仍将加大 人工智能相关投入，包括大力建设算力中心、加强关键技术攻关、加强垂直大模型布局、推进人工智能+的行业应用等。 经济增长目标定在5%左右 广东2025年GDP规模达到14.58万亿元，经济总量连续37年居全国首位。 广东明确"十五五"时期主要目标和重点任务：地区生产总值年均增长5%左右，高质量发展取得显著成效，科技自立自强水平大幅提高等。广 东2026年主要预期目标是 ...

西贝深圳一门店陷入违约风波。近日，一张在深圳某商场内张贴的《关于要求西贝即刻恢复营业的告知函》在社交媒体流传，这张告知函由深圳市海雅缤纷 城商业有限公司发布，要求该商场的西贝门店即刻恢复营业，称西贝"不顾店铺会员的权益""选择了最不体面的方式逃场"。 该告知函显示，深圳西贝喜悦餐饮有限公司在海雅缤纷城经营已近十年，积累了大量的忠实会员。此次因为预制菜的舆论风波，该公司于2026年1月15日向 商场发函申请2026年2月28日停止营业，商场深知此次舆论事件对该公司经营的影响，也提供多种方案与该公司一起共渡难关。告知函称，"但该公司却舍弃 最基本的契约精神，不顾店铺会员的权益，在未经我司书面同意的情况下，贵司单方于2026年1月31日晚欲清空所有的物品，选择了最不体面的方式逃场。" 这份告知函的落款单位有两家公司，分别是深圳新安湖实业有限公司和深圳市海雅缤纷城商业有限公司，但落款没有盖两个公司的公章，告知函落款时间为 2026年2月1日。据极目新闻2月3日报道，给西贝发告知函的商场工作人员表示，他们确实给西贝发了要求其即刻恢复营业的告知函，目前他们正在与对方协 商退租事宜。 据每日经济新闻，西贝方面2月3日回应称 ...

近日，有消息称，周生生广东省清远市一门店所售足金挂坠被检测出含铁银钯，不同点位纯度差异超 35%。 对此，3日晚，周生生官方微博发布情况说明，全文如下： 周生生 ang Sang NGTC 测试报告: | | | | | | | | 测试报告 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 伴品名称 | | | | | | | 2.5-用金 | | | | | | | | 网试时间(a) | | | | | | | 10 (-) | | | | | | | | 器试日期 | | | | | | | 2026/2/3 14:57-25 | | | | | | | | 元素 | 4=00 | A=(%) | Calli) | Za (k) | 图(图) | 84(8) | Co (5) | Ft.(b) | F=(4) | E=(%) | 版(N) | Dia (%) | Iz (k) | | 我要 | 19.59 | 0.00 | 00 | 0 00 | 0 ...

Group 1: Financing Trends - The technology and manufacturing sectors have seen significant financing activity, particularly in artificial intelligence, quantum computing, cybersecurity, and biomedicine [1] - A total of 24 financing events occurred in the domestic primary market from January 26 to February 1, with a total scale of approximately 77.56 billion RMB [2] - The majority of financing cases were concentrated in Shanghai, Beijing, and Guangdong, with 9, 4, and 4 cases respectively [6] Group 2: Sector-Specific Financing - The biomedicine sector completed 4 financing rounds totaling approximately 5.05 billion RMB, while the artificial intelligence sector completed 3 rounds totaling about 3.05 billion RMB [4] - Shanghai Jiyue Star Intelligent Technology Co., Ltd. completed over 5 billion RMB in B+ round financing, setting a record for single financing in the large model sector [14] - Turing Quantum completed several hundred million RMB in B round financing to accelerate its photonic chip and quantum computing industrialization [19] Group 3: Notable Companies and Investments - New Scene Zhiyuan Biotechnology completed over 2 billion RMB in B round financing, focusing on TCR-T cell therapy for solid tumors [10] - Shandong Aikeda Biotechnology completed several million RMB in B round financing, with funds aimed at core technology development and market expansion [11] - Beijing Changting Technology secured 5 billion RMB in a new round of financing from national AI funds, focusing on AI-enabled security [21]

Core Viewpoint - The recent incident involving Debang Fund's rapid capital inflow of 12 billion yuan has highlighted the chaotic internet marketing practices within the fund industry, prompting regulatory scrutiny on misleading tools like real-time valuation and ranking lists [1][19]. Group 1: Regulatory Response - Regulators have emphasized the need for fund sales institutions and third-party platforms to conduct self-examinations and remove misleading tools that could mislead investors [1]. - This is not the first regulatory action; in June 2023, regulators had already mandated the removal of real-time valuation features due to risks of significant discrepancies between estimated and actual net values [13][19]. - The case of Debang Fund serves as a catalyst for renewed regulatory focus on the potential harm caused by misleading valuation data and its impact on investor behavior [19][20]. Group 2: Market Dynamics - Since February, there has been a surge in posts sharing fund valuation tools on social media platforms, with some influencers directing followers to private groups for access [4][12]. - Some self-media accounts have begun selling real-time valuation software, with prices ranging from a few yuan to over ten yuan [4]. - Despite regulatory requirements to remove certain features, some platforms have continued to offer modified versions of these tools, indicating a reluctance to fully comply with regulations [9][10]. Group 3: Investor Behavior and Risks - The rapid dissemination of distorted valuation data through social networks can create herd behavior among investors, leading to irrational trading decisions [18]. - The discrepancy between real-time valuation and actual net value can mislead investors, as seen in the case of Debang Fund, where the reported real-time increase was significantly higher than the actual net value increase [19]. - There is a strong demand from investors for more data and tools to bridge the information gap, which may lead to further regulatory challenges as platforms seek to meet this demand while remaining compliant [16][22].

经历了"黑色星期一"后亚太股集体回升，后市将有怎样的表现？ 亚太股集体反弹 2月3日，亚太股市强势反弹，MSCI亚太指数上涨2.79%，录得4月以来最大单日涨幅，科技股全线上 涨。 受到隔夜美国制造业数据上升等因素的影响，亚太股市显著回升。 2月3日，韩国综合指数止跌反弹并领涨亚太股市，收涨6.84%或338.41点，报5288.08点。其中芯片制造 商三星电子和SK海力士成为最大的助推力。三星股价盘中涨幅一度扩大至10%，创2020年3月以来最大 单日涨幅。日经225指数收涨3.92%，报54720.66点，再创历史新高。 其他亚太股市均录得上涨。3日，澳大利亚S&P/ASX200指数收涨0.89%，报8857.1点。东南亚股市方 面，富时新加坡海峡指数收涨1.06%，报4944.09点；印尼综指上涨2.52%，收报8122.6点；越南胡志明 指数涨0.33%，报1812.47点；菲律宾马尼拉指数收涨1.67%，报6401.96点；泰国SET指数上涨1.11%，报 1336.11点；富时马来西亚综指收涨0.42%，报1748.26点。 法国里昂商学院管理实践教授李徽徽向21世纪经济报道记者表示，3日亚太股市 ...

比亚迪工厂的机械臂精准组装着新能源汽车电池，不远处生物医药实验室的科研人员正观测细胞培养数 据——深圳坪山区战略性新兴产业产值占规模以上工业总产值比重已达惊人的88%。 在新能源汽车领域，比亚迪作为龙头企业，已迈入世界百强企业行列，问鼎全球纯电汽车销冠。同时， 世界汽车标准创新大会永久落户坪山，全球最大汽车毫米波雷达生产基地投入使用，汽车零部件制造装 备产业集群获评国家级中小企业特色产业集群。 2025年，深圳坪山区经济数据公布：GDP增长10.5%，几乎是全市增速的两倍；规模以上工业增加值增 长15.9%；社会消费品零售总额增长10.2%。 在"十四五"时期，坪山GDP总量实现翻番，年均保持两位数增长。这些数据背后，一个以先进制造业为 核心的现代化产业体系正在深圳东部加速崛起。 硬核产业强势增长 2025年，坪山规模以上工业增加值增长15.9%，在深圳工业增长整体承压的环境下显得尤为珍贵，其既 显示了区域经济的强大韧性和增长潜力，也意味着工业特别是先进制造业正在成为拉动坪山经济增长的 核心引擎。 坪山区已构建起"车药芯智"为主导的"6＋3"产业集群，形成了完整的产业生态链。 在生物医药领域，全区已聚集超过1 ...

Core Viewpoint - The recent incident involving Debon Fund, which attracted 12 billion yuan in a single day, has highlighted the chaotic internet marketing practices of fund companies, prompting regulatory scrutiny and calls for self-correction among fund sales institutions and third-party platforms [2][23]. Group 1: Regulatory Actions - Regulatory authorities have emphasized the need for fund sales institutions and third-party platforms to conduct self-examinations and remove misleading features such as "real-time valuation" and "ranking lists" that could mislead investors [2][17]. - Major platforms like Ant Fund, JD Finance, and others have quickly removed related functionalities following regulatory guidance [2]. - The regulatory push against misleading valuation practices is not new, as similar actions were taken in June 2023, citing risks of investor complaints due to significant discrepancies between real-time estimates and actual net asset values [17][21]. Group 2: Market Reactions - Following the regulatory actions, some platforms have attempted to retain user engagement by offering membership incentives and creating new fan groups, leading to a rapid increase in group memberships [15][16]. - Despite the removal of certain features, some platforms have continued to provide similar functionalities under different names, indicating a reluctance to fully comply with regulatory demands [13][14]. Group 3: Social Media Influence - Social media influencers have been observed promoting alternative tools for fund valuation, often leading investors to private groups for further information, which raises concerns about compliance and the potential for misleading practices [3][6][8]. - The rapid spread of posts related to fund valuation tools on platforms like Xiaohongshu has created a significant flow of traffic, with some influencers monetizing these tools by selling them at various price points [8][12]. Group 4: Impact on Investor Behavior - The incident with Debon Fund, where the real-time valuation showed a 13.01% increase while the actual net value was only 8.31%, exemplifies how misleading valuation data can distort investor behavior and lead to short-term trading rather than long-term asset allocation [23][24]. - The discrepancy between real-time estimates and actual net values can exacerbate during market volatility, leading to further investor confusion and potential losses [18][19].

21世纪经济报道特约记者 庞华玮 国际银价史诗级暴跌，撞上国内涨跌停板限制，一场因估值调整引发的风暴席卷基金行业。 2月2日晚10点，国投瑞银白银期货LOF（以下简称"白银LOF"）更新净值数据，其最新净值为2.2494元，较前一日的3.2838元，单日暴跌 31.5%，创下公募基金史上最大单日跌幅纪录。 这场由社交媒体助推、席卷大量新手投资者的套利热潮，以净值创纪录大跌收场，其中暴露的估值争议、风险认知与应对得失，正在成 为基金行业的新课题。 投资者遭遇双重打击 2月2日，对于持有国投瑞银白银期货LOF的投资者来说，无疑是心惊肉跳的一天。当天，该基金场内份额复牌一字跌停，收盘价4.722 元，跌停封单超80亿元，流动性几近枯竭。 同日晚间，国投瑞银基金公告，因国际白银价格出现显著波动，为公允反映基金资产价值，决定自当日（2月2日）起，对基金持有的白 银期货合约参考国际市场价格的变动进行估值调整。 公告一出，舆论哗然。在蚂蚁财富、天天基金、小红书等平台上，大量投资者发出投诉帖，直指基金公司"临时改规则""不讲武德"。 一位投资者愤怒地写道："白天刚赎回，以为最多亏17%，晚上一看净值，多亏了14.5%，这找谁 ...