2月10日，市场传出周大福将于春节后对黄金产品进行调价的消息。21世纪经济报道记者以消费者身份 致电多家周大福门店获悉，此次调价或于3月中旬正式启动，目前已有部分门店收到相关通知。据悉， 本次调价重点集中在一口价产品，预计涨幅约为15%—30%，但具体调整细节和执行时间，仍以到店后 实际价格标签为准。 带有"马上发财""马上行大运"等寓意、融入生肖马元素的新款式不断推出。除常规手链、项链和金币 外，多家金店也推出了一口价小金马搭配创意摆件。六福珠宝店员表示，这类新品很受欢迎，两款定价 分别为628元和928元的产品，刚上新已售出十几件。 （文章来源：21世纪经济报道） 21世纪经济报道记者走访广州周大福门店时，有销售人员表示已收到年后调价通知，并称："年前很多 工厂已放假，部分产品的调价尚未落实。上次调价在去年11月，年后的调价将覆盖全国门店。但不会影 响年前消费。目前华南区还有新年95折优惠。"此外，记者也咨询了潮宏基、老庙黄金等其他品牌金 店，多数表示目前暂无调价安排。 记者观察到，临近新年，前来选购金饰的顾客明显增多。受金价站上每克1400元的影响，小克重金饰更 受消费者欢迎。不少品牌推出了重量在一克以 ...

Core Viewpoint - The expansion strategies of two regional securities firms, Guolian Minsheng Securities and Huazheng Securities, highlight different approaches to wealth management amid industry transformation and market opportunities [1] Group 1: Guolian Minsheng Securities - Guolian Minsheng announced a capital increase of 200 million yuan for its subsidiary, Minsheng Securities, aimed at developing wealth management and information technology [2] - The capital increase is closely related to the integration of Guolian Minsheng and Minsheng Securities, with plans for Minsheng Securities to transform into a wealth management platform [2][3] - The company has completed the integration of its investment banking, asset management, and research businesses, with the establishment of specialized subsidiaries in these areas [2][3] Group 2: Huazheng Securities - Huazheng Securities plans to increase its stake in Huafu Fund Management to enhance its wealth management capabilities [4] - The firm currently holds 49% of Huafu Fund and aims to acquire a controlling stake of 51% through this capital increase, which will also grant it a public fund license [4][5] - This move is part of Huazheng's broader strategy to strengthen its wealth management business, integrating public and private fund offerings [5] Group 3: Industry Perspective - The securities brokerage industry is shifting towards wealth management as traditional brokerage business faces intensified competition and declining commission rates [1][6] - The current market environment, characterized by a surge in personal investable assets and a shift in funds towards equity markets, presents a significant opportunity for securities firms [6][7] - Analysts note that securities firms are well-positioned to benefit from the growth in equity wealth management due to their market investment capabilities and client base [6][7]

信用卡分中心"瘦身潮"正从国有行、股份行蔓延至城商行。 数据显示，2025年全年共有65家信用卡分中心获准终止营业，仅2025年一年退出的数量，已超过2020— 2024年五年总和，行业收缩趋势显著，且主要集中在国有行、股份行。近日，有地方城商行也传出关停 信用卡线下分支机构的消息。 自2018年起，广州银行逐步在佛山、东莞等珠三角核心城市布局信用卡分中心，其中最后一家获批设立 的深圳分中心，于2022年11月29日获准成立。 南方财经记者注意到，广州银行曾将信用卡业务视作零售业务转型的重要抓手。该行招股书提到，其信 用卡发卡量、月均活卡量及移动支付用户量等指标均在全国城商行中名列前茅，信用卡贷款规模更是稳 居广东城商行首位。 受访人士指出，国内银行信用卡中心及分中心模式始于本世纪初，作为经监管批准、持金融许可证与营 业执照、独立经营的机构，专门负责发卡、收单、风控、客服等全链条业务，与各地分行属平级架构。 随着信用卡业务成为兵家必争之地，各家银行陆续在重点城市设立信用卡分中心，由总行信用卡中心垂 直管理人、财、物，尤其对营销与服务团队实行直管模式，以此快速扩张市场、提升服务覆盖。 但随着信用卡行业从增量扩张 ...

21世纪经济报道记者 易妍君 A股结构性行情持续演绎背景下，主动权益基金重回聚光灯之下。 数据显示，截至2026年2月9日，共有149只主动权益基金（剔除成立未满一年的基金）的单位净值创成立以来新高。其中，部分基金近一年回报率超过 100%。 21世纪经济报道记者梳理发现，上述净值创新高的基金在投资风格上呈现分化：部分产品集中配置AI算力、应用等赛道，业绩弹性突出但波动较大；另一 些产品更注重分散配置以控制风险。 展望后市，有基金经理表示将继续聚焦AI产业趋势挖掘细分机会，也有基金经理倾向于均衡配置，关注科技成长与制造业复苏等多元主线。而如何在把握 结构性行情与控制波动之间取得平衡，成为后续投资的关键挑战。 投资风格迥异 开年以来，主动管理型基金的业绩表现频频吸睛。 数据显示，2月9日，共191只主动权益基金（仅统计主份额，下同）的单位净值创下自成立以来新高。包括113只偏股混合型基金、56只灵活配置基金、20只 主动股票型基金和2只平衡混合型基金。 若剔除成立不满1年的基金，则有149只主动权益基金的净值在2月9日刷新历史最高纪录。 21世纪经济报道记者梳理发现，上述149只净值创新高的主动权益基金，在行业 ...

Core Viewpoint - Aixin YuanZhi Semiconductor Co., Ltd. has officially listed on the Hong Kong Stock Exchange, marking a significant milestone in the domestic edge AI chip sector, which is experiencing rapid growth due to increasing demand for cloud computing capabilities in AI applications [1][12]. Company Overview - Founded in 2019, Aixin YuanZhi focuses on edge computing and AI applications for terminal devices, having developed a range of products including mixed-precision neural network processors (NPU) and AI image signal processors (AI-ISP) [3][4]. - The company has successfully commercialized five generations of system-on-chip (SoC) products, with cumulative deliveries exceeding 165 million units by the end of Q3 2025 [3]. Competitive Advantage - Aixin YuanZhi's core competitiveness lies in its self-developed core technology IP, particularly the "Aixin Tongyuan" mixed-precision NPU, which optimizes neural network computations and enhances AI inference efficiency [4]. - The "Aixin Zhimou" AI-ISP is the world's first AI image signal processor to achieve large-scale commercialization, providing high-quality image data for AI inference tasks [4]. Business Model - The company operates on a Fabless model, focusing on chip design and sales without owning wafer fabrication plants, allowing it to concentrate on product development and market expansion [5]. - In the visual terminal computing sector, Aixin YuanZhi has shipped over 157 million chips, holding a 6.8% market share globally, ranking fifth among visual terminal AI inference chip suppliers [5][8]. Market Position - In the smart automotive sector, Aixin YuanZhi has become the second-largest domestic supplier of smart driving system chips in China, with over 510,000 chips shipped by Q3 2025 [5]. - The company has established itself as the third-largest supplier of edge AI inference chips in China, with a market share of 12.2% [7]. Financial Performance - Aixin YuanZhi's revenue has grown from 50.2 million yuan in 2022 to 472.9 million yuan in 2024, reflecting a compound annual growth rate of 206.8% [8]. - The gross margin has remained stable, with improvements driven by the optimization of product structure, particularly in the terminal computing segment, where gross margins increased from 16.7% in 2022 to 19.6% in 2024 [8]. Customer Structure - The company has diversified its customer base, reducing the revenue concentration from its top five customers from 91.5% to 75% over the reporting period, indicating a healthier revenue structure [9]. Future Outlook - The rapid development of AI large models is driving the demand for edge inference capabilities, with the global AI inference chip market expected to grow from 20.9 billion yuan in 2020 to 606.7 billion yuan in 2024, at a compound annual growth rate of 132.1% [11]. - Aixin YuanZhi is well-positioned to capitalize on the accelerating domestic replacement trend and the supportive national policies aimed at promoting edge AI chip development [12].

近日，东兴证券（601198）一则关于子公司完成减资的公告，再次将券商另类投资子公司的动向推入公 众视野。 公告显示，东兴证券全资子公司东兴证券投资有限公司（下称"东兴投资"）已完成减少注册资本的工商 变更登记。减资完成后，东兴投资注册资本及实缴资本均由10亿元调降至7亿元，减少额度为3亿元。 对于调整原因，东兴证券则在公告中称是为"为提高公司资金整体使用效率"。 无独有偶，中山证券的控股股东锦龙股份（000712）也在2月初公告称，同意中山证券对其下属全资子 公司深圳锦弘劭晖投资有限公司（下称"锦弘劭晖"）减资1.5亿元。减资后锦弘劭晖的注册资本将由2亿 元降至5000万元。 21世纪经济报道记者梳理发现，2025年以来，已有至少5家券商对旗下另类投资子公司进行了减资。减 资主体以中小券商为主，除了上述两家，还包括中原证券（601375）、东北证券（000686）和国都证 券。 值得注意的是，在2025年，作为券商另类投资业务重要板块之一的"科创板跟投"，曾为券商贡献了高达 30.65亿元的投资收益（按照首日浮盈计算）。 受访人士指出，尽管目前市场行情整体火热，但对券商，尤其是中小券商而言，做强优势、做出特 ...

截至2月10日收盘，小米集团股价报35.58港元/股，总市值9302亿港元，年初至今累计下跌近9.5%。 | 81810 | | 31.420(+0.90%) 人民币柜台 | | रुक् | -9.47% 120日 | | -32.93% | | --- | --- | --- | --- | --- | --- | --- | --- | | 委比 | 19.95% 委差 | | 204万 | 5日 | 2.83% 250日 | | -16.18% | | 委主 | 35.680 | 11.04万 ( | 24) | 20日 | -6.32% 52周高 | | 61.45 | | | | | | 60日 | -18.21% 52周低 | | 33.32 | | 至口 | 35.660 | 13.76万 ( | 24) | | | | | | 콜드 | 35.640 | 36.14万 ( | 11) | | 2023 | 2024 | 2025Q3 | | | | | | EPS | 0.70 | 0.95 | 1.37 | | 张 | 35.620 | 29.84万 ( | 9) | BPS | 6.54 ...

2月10日，21世纪经济报道记者获悉，中央汇金投资有限责任公司（下称"汇金公司"）资本运营部主任兼职工监事黄学玲目前已到任中行，在走完相关程序 后，有望出任该行副行长。 公开资料显示，黄学玲出生于1977年，拥有经济学硕士学位。其职业经历长期集中于汇金公司体系内，曾历任汇金公司资本市场部高级经理、再保险股权管 理部副主任，综合部/银行二部改革规划处副主任、主任，综合部/银行二部副主任等职，中国出口信用保险公司董事。 据了解，黄学玲与中国银行此前已有工作交集。2023年11月，她曾以中央汇金资本运营部主任的身份，出席中汇人寿与中国银行全面战略合作协议签约仪 式。 | 统一社会信用代码：91110101MA001QTAX2 | 电话：010-84096666 窗 同电话企业 5 更多 3 | | --- | --- | | 法定代表人：黄学玲 | 邮箱：huijinpr@huijin-inv.cn | | 注册资本：500,000万人民币 | 网址： - | | 成立日期：2015-11-06 | 地址：北京市东城区东直门外斜街9号院3号楼1 | 目前，中国银行董事会中已有一名来自汇金公司的非执行董事楼小惠，她于 ...

21世纪经济报道记者冯紫彤 唐婧 股权信息显示，汇金公司是中国银行第一大股东，截至2025年三季度末，持股比例为58.59%；其全资子公司中央汇金资产管理有限责任公司（下称"汇金资 管"）亦持有中国银行0.56%股份。 而据天眼查，黄学玲自2022年6年起任汇金资管法人代表。该公司在2015年股市异常波动期间成立，通过受让中国证券金融股份有限公司部分上市公司股票 并进行专项管理，创新股票资产管理模式，旨在维护证券市场稳定。 2月10日，21世纪经济报道记者获悉，中央汇金投资有限责任公司（下称"汇金公司"）资本运营部主任兼职工监事黄学玲目前已到任中行，在走完相关程序 后，有望出任该行副行长。 | 公司章程(摘要) 董事、监事和高级管理人员 公司组织机构 | | --- | | 董事会成员 监事会成员 高级管理人员 | | 黄学玲(职工监事) 1977年生，经济学硕士。历任中央汇金公司资本市场部高级经理、再保险股权管理部副主任，综合部/银行二部改革规划处副 | | 主任、主任，综合部/银行二部副主任,中国出口信用保险公司董事。现任本公司资本运营部主任,兼职工监事, | 公开资料显示，黄学玲出生于1977年，拥有经 ...

Group 1: APEC Meeting Overview - The 33rd APEC Leaders' Informal Meeting will be held in Shenzhen, Guangdong, on November 18-19, marking China's third time as the host [1] - APEC is crucial for regional cooperation, with the Asia-Pacific region accounting for one-third of the world's population and over 60% of global economic output [1] - The meeting aims to address challenges such as unilateralism and protectionism while promoting regional cooperation and consensus [2][3] Group 2: Key Themes and Priorities - The theme for the 2026 APEC meeting is "Building the Asia-Pacific Community, Promoting Common Prosperity," focusing on three priority areas: openness, innovation, and cooperation [4][13] - Openness aims to create an open economy, counter protectionism, and facilitate trade and investment [4] - Innovation focuses on driving new productive forces and creating new growth points for APEC cooperation [4] Group 3: China's Role and Contributions - China is positioned as a key leader in APEC, advocating for a balanced approach to the needs of both developed and developing economies [4][12] - The country emphasizes the importance of multilateralism and provides a platform for dialogue and cooperation among APEC members [2][12] - China's development practices, including high-level openness and innovation, serve as a reference for other economies in the region [12][13] Group 4: Economic Cooperation and Trade - During the "14th Five-Year Plan" period, trade between China and APEC economies reached 125.49 trillion yuan, a 39.4% increase from the previous period [12] - China's commitment to free trade and investment liberalization is expected to enhance economic cooperation and benefit all APEC members [12][14] - The integration of APEC with other trade agreements like RCEP and CPTPP is seen as a way to promote trade facilitation and reduce compliance costs for businesses [6][12] Group 5: Technological Innovation and Sustainability - APEC discussions include significant topics such as technological innovation, regulatory coordination, and digital economy transformation [8][9] - The focus on green and low-carbon transitions aims to address climate change and promote sustainable development [7] - China's advancements in technology, particularly in AI and digital platforms, are highlighted as examples of innovation that can benefit the region [10][11]