记者求证。 金银的市场热度早已从交易盘面蔓延至线下。投资金条和银条成为"爆款"之后，市场消息传出深圳水贝市场竟然出现"投资铜条"。 对此，证券时报记者在17日再次走访水贝市场的多个交易中心，暂时没有发现"投资铜条"实物。不过，有商家表示，"投资铜条"的实物需要预定，目前价 格是190元一条，重量为1000克，量大可以优惠。 那么，投资铜条能否像投资金条和银条那样回收？多位商家表示，目前还不知道具体回收方式，"我们现在是只卖不回收"。也有商家表示："铜条的工费 可能比铜本身的价格还高，即使回收可能也就是按原材料价格回收，所以价值并不大。即便有看到同行在进货，也不会随便跟风。" "不是金条和银条买不起，而是铜条更有性价比。" "这就是水贝速度！" 在许多网络社交平台，水贝"投资铜条"也引起了热议，还流传出许多"投资铜条"实物图，咨询度非常高。记者发现，对于"投资铜条"，多数人其实还是抱 着"看热闹"的心态。 最近一段时间以来，黄金、白银、铜价接连创下历史新高。市场信息显示，以铜为代表的有色金属此轮上涨可以回溯至2025年11月，主要由全球铜矿供应 持续紧张、美国关税预期引发的贸易流向重构，以及人工智能与新能源基础 ...

（原标题：东部战区、南部战区同日发声） 东部战区、南部战区1月17日发声。 校对：吕久彪 南部战区新闻发言人发表谈话 南部战区新闻发言人田军里空军大校表示，近日，南部战区组织无人机位中国东沙岛附近空域进行正常 飞行训练，完全正当合法。 综合自：东部战区、南部战区 责编：李丹 东部战区新闻发言人就美"菲恩"号导弹驱逐舰、"西尔斯"号海洋测量船过航台湾海峡发表谈话 东部战区新闻发言人徐承华陆军大校表示，1月16日至17日，美"菲恩"号导弹驱逐舰、"西尔斯"号海洋 测量船过航台湾海峡。中国人民解放军东部战区组织海空兵力对美舰过航行动全程跟监警戒，有效应对 处置。战区部队时刻保持高度戒备，坚决捍卫国家主权安全和地区和平稳定。 ...

Core Insights - The low-altitude economy is recognized as a highly promising future industry, with significant potential for growth in 2024 and 2025, as highlighted in government work reports and the "14th Five-Year Plan" [1][3] - The eVTOL industry is transitioning from technology validation to commercial implementation, with a focus on long-term strategic planning rather than short-term gains [1][4][5] Industry Overview - The low-altitude economy market in China is projected to reach 1.5 trillion yuan by 2025, marking substantial growth from the previous year [3] - eVTOL is identified as a key vehicle for low-altitude travel, with annual order totals expected to exceed 30 billion yuan by 2025 [3] Market Potential - The low-altitude industry is anticipated to create several trillion-yuan markets, including low-altitude aircraft, infrastructure, and services, each potentially exceeding 1 trillion yuan [4] - The industry emphasizes the importance of long-term planning, with a recommended timeframe of 5 to 10 years for product development and market entry [4][5] Safety and Compliance - Safety is deemed the primary prerequisite for the development of the low-altitude economy, with a focus on operational safety and regulatory compliance [7][8] - The industry faces new safety challenges due to the integration of high-power electrical components and complex urban environments, necessitating a proactive approach to safety from the initial development stages [8] Commercialization Strategies - The industry is encouraged to adopt a "first fly, then scale" approach, starting with manageable applications such as tourism and logistics before expanding to more complex scenarios [10][11] - There is a call for innovative applications in diverse environments, including remote areas, to enhance the value of low-altitude operations [10][11]

对此，证券时报记者在17日再次走访水贝市场的多个交易中心，暂时没有发现"投资铜条"实物。不过，有商家表示，"投资铜条"的实物需要预定，目前价 格是190元一条，重量为1000克，量大可以优惠。 那么，投资铜条能否像投资金条和银条那样回收？多位商家表示，目前还不知道具体回收方式，"我们现在是只卖不回收"。也有商家表示："铜条的工费 可能比铜本身的价格还高，即使回收可能也就是按原材料价格回收，所以价值并不大。即便有看到同行在进货，也不会随便跟风。" 金银的市场热度早已从交易盘面蔓延至线下。投资金条和银条成为"爆款"之后，市场消息传出深圳水贝市场竟然出现"投资铜条"。 "不是金条和银条买不起，而是铜条更有性价比。" 记者求证。 "这就是水贝速度！" 在许多网络社交平台，水贝"投资铜条"也引起了热议，还流传出许多"投资铜条"实物图，咨询度非常高。记者发现，对于"投资铜条"，多数人其实还是抱 着"看热闹"的心态。 (社交平台上关于水贝投资铜条的消息。) 最近一段时间以来，黄金、白银、铜价接连创下历史新高。市场信息显示，以铜为代表的有色金属此轮上涨可以回溯至2025年11月，主要由全球铜矿供应 持续紧张、美国关税预期引发 ...

Core Viewpoint - Multiple companies have reported significant profit growth forecasts for 2025, indicating strong performance in sectors such as AI, data communication, and rare earth materials [1][3][5][6][7]. Group 1: Company Performance Forecasts - Changxin Bochuang expects a net profit of 320 million to 370 million yuan for 2025, representing a year-on-year increase of 344.01% to 413.39% [6]. - Shenghong Technology forecasts a net profit of 4.16 billion to 4.56 billion yuan for 2025, with a year-on-year growth of 260.35% to 295.00% [5]. - Northern Rare Earth anticipates a net profit of 2.176 billion to 2.356 billion yuan for 2025, reflecting a year-on-year increase of 116.67% to 134.60% [7]. Group 2: Factors Driving Growth - Changxin Bochuang attributes its profit growth to the rising demand for data communication products driven by cloud computing, AI, and big data technologies [6]. - Shenghong Technology's growth is linked to its strategic focus on AI and data center upgrades, enhancing its position in the global PCB manufacturing sector [5]. - Northern Rare Earth's profit increase is supported by a significant rise in rare earth prices, with notable price increases in various rare earth materials [8]. Group 3: Market Trends - The rare earth market has seen a recovery, with prices for light and heavy rare earths increasing significantly in 2025 [8]. - The average price of neodymium oxide rose by 27.4% year-on-year, while terbium oxide increased by 17.2% [8]. - The price adjustments for rare earth concentrates have been implemented, indicating a continued upward trend in the market [8].

Core Viewpoint - The A-share listed companies are gradually disclosing their performance forecasts for the year 2025, with a significant number of companies expecting substantial profit growth [2]. Group 1: Performance Forecasts - As of January 17, 2025, 365 listed companies have released their performance forecasts, with 138 companies expecting positive results [2]. - Longxin Bochuang (300548) forecasts a net profit of 320 million to 370 million yuan for 2025, representing a year-on-year increase of 344.01% to 413.39% [2]. - Shenghong Technology (300476) anticipates a net profit of 4.16 billion to 4.56 billion yuan, reflecting a growth of 260.35% to 295.00% [5]. - Haitai Technology (301022) expects a net profit of 51.5 million to 66.8 million yuan, with a year-on-year increase of 226.86% to 323.97% [10]. - Haineng Technology (920476) projects a net profit of 41 million to 44 million yuan, indicating a growth of 213.65% to 236.61% [17]. - Hongyuan Pharmaceutical (301246) forecasts a net profit of 113 million to 137 million yuan, with an increase of 119.57% to 166.2% [18]. - Northern Rare Earth (600111) expects a net profit of 2.176 billion to 2.356 billion yuan, representing a growth of 116.67% to 134.60% [21]. - Lishang Guochao (600738) anticipates a net profit of 14 million to 17 million yuan, with an increase of 92.96% to 134.31% [23]. - Cambridge Technology (603083) forecasts a net profit of 252 million to 278 million yuan, reflecting a growth of 51.19% to 66.79% [26].

Core Viewpoint - The Ministry of Industry and Information Technology has released the latest "Management Measures for the Gradual Cultivation of High-Quality Small and Medium-sized Enterprises" to enhance the cultivation system for high-quality SMEs and guide continuous improvement in development quality [1] Group 1: Cultivation System Enhancement - The cultivation scope has been expanded to include technology-based SMEs, which are now categorized as technology and innovation SMEs, forming the foundational strength of high-quality SMEs [2] - A proactive discovery mechanism has been introduced to identify potential high-quality SMEs through data mining from various sectors, while maintaining existing recognition standards [2] - Efforts will be made to reduce the burden on enterprises by improving data sharing and simplifying the application process for changes such as name changes and regional relocations [2] Group 2: Optimization of Recognition Standards - Certain indicators have been refined, including the inclusion of international market share for export-oriented enterprises and the requirement for I-class intellectual property to be self-applied and ranked in the top three [3] - The threshold requirements have been raised, with the revenue for "Little Giant" enterprises increased to over 50 million yuan and R&D expenses to a minimum of 12 million yuan over the last two years [3] - A quality evaluation score has been introduced to encourage localities and enterprises to focus on improving development quality [3] Group 3: Strengthening Process Management - Local review processes will be standardized, implementing a "double random" review mechanism to ensure diverse expert involvement [4] - Quality management will be reinforced, with measures to limit the number of recommended "Little Giant" enterprises from regions with low quality evaluation scores [4] - The influence of undesirable intermediaries will be mitigated by prohibiting fees for application guidance and ensuring that review tasks are not outsourced to third-party agencies [4] Group 4: Enhancing Cultivation Services - Local SME authorities are encouraged to effectively utilize various support policies, providing tailored cultivation services based on different enterprise characteristics [4] - The measures will take effect from April 1, 2026, with ongoing reviews for existing enterprises allowed to proceed under previous standards to minimize disruption [5] - The definition of high-quality SMEs includes technology and innovation SMEs, specialized and innovative SMEs, and "Little Giant" enterprises, with new requirements and standards to be developed in collaboration with relevant departments [5]

为贯彻落实党中央、国务院决策部署，适应我国房地产市场供求关系的新变化，支持构建房地产发展新模式，现就商业用房购房贷款政策有关事项通知 如下： 商业用房（含"商住两用房"）购房贷款最低首付款比例调整为不低于30%。 中国人民银行各省级分行、国家金融监督管理总局各省级派出机构根据辖区各城市政府调控要求，按照因城施策原则，在全国统一的最低首付款比例基 础上，自主确定辖区各城市最低首付款比例下限。 中国人民银行、国家金融监督管理总局发布《关于调整商业用房购房贷款最低首付款比例政策的通知》。 日前，中国人民银行副行长邹澜在国新办新闻发布会上表示，会同金融监管总局将商业用房购房贷款最低首付比例下调至30%，支持推动商办房地产市 场去库存。 广东省住房政策研究中心首席研究员李宇嘉表示，目前各地普遍面临在售商业用房库存高企、去化周期高企的问题。另外，在售库存去化难度大，导致 已供应土地和在建项目开发难度大，二手商业用房价格跌幅也很大。"过去，考虑到商用性质为主，对商业用房贷款一直奉行低杠杆的金融财经纪律。 现在来看，炒作已经完全退去，从商业经营的角度看过剩已成定局。在居民加杠杆购房意愿下降的情况下，面对有结构性的贷款需求，放 ...

Core Viewpoint - The China Securities Regulatory Commission (CSRC) emphasizes the need to consolidate the market's stable upward trend while addressing illegal activities such as excessive speculation and market manipulation, aiming to prevent significant market fluctuations [1][3]. Group 1: Market Stability and Regulation - The CSRC aims to strengthen market monitoring and risk prevention, ensuring fair trading and timely counter-cyclical adjustments to maintain market stability [3]. - In 2025, the CSRC handled 701 cases of securities and futures violations, imposing fines totaling 15.47 billion yuan, enhancing the effectiveness of regulatory enforcement [2]. - The market showed signs of recovery, with significant breakthroughs in attracting medium- and long-term capital, as evidenced by a total of 2.68 trillion yuan in cash dividends and buybacks from listed companies [2]. Group 2: Reform and Development - The CSRC is committed to deepening reforms in the capital market, including the implementation of the Growth Enterprise Market reform and enhancing the adaptability and competitiveness of the multi-tiered equity market [4]. - The bond market saw a total issuance of various bonds amounting to 16.3 trillion yuan, indicating a focus on improving quality and expanding the market [2]. - The CSRC plans to promote the integration and high-quality development of the Beijing Stock Exchange and the New Third Board [4]. Group 3: Legal and Governance Enhancements - The CSRC emphasizes strict legal enforcement to combat financial fraud, price manipulation, and insider trading, while improving the regulatory framework for private equity funds [5]. - There is a focus on enhancing corporate governance and operational standards for listed companies, including the introduction of new regulations and guidelines [4][6]. - The CSRC aims to strengthen the supervision of major shareholders and actual controllers to ensure compliance and protect investor rights [4]. Group 4: International Cooperation and Open Market - The CSRC is working to enhance the openness of the capital market, including optimizing the Qualified Foreign Institutional Investor (QFII) program and expanding the range of futures products available for foreign investment [5]. - Efforts are being made to improve the regulatory framework for overseas listings, ensuring transparency and standardization [5]. - The CSRC is committed to participating in international financial governance and enhancing its ability to manage risks in an open environment [5].

中国人民银行、国家金融监督管理总局发布《关于调整商业用房购房贷款最低首付款比例政策的通知》。 为贯彻落实党中央、国务院决策部署，适应我国房地产市场供求关系的新变化，支持构建房地产发展新模式，现就商业用房购房贷款政策有关事项通知 如下： 商业用房（含"商住两用房"）购房贷款最低首付款比例调整为不低于30%。 中国人民银行各省级分行、国家金融监督管理总局各省级派出机构根据辖区各城市政府调控要求，按照因城施策原则，在全国统一的最低首付款比例基 础上，自主确定辖区各城市最低首付款比例下限。 | | | | 中国人民银行 THE PEOPLE'S BANK OF CHINA | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 信息公开 | 新闻发布 | 法律法规 | 货币政策 | 宏观审慎 | 信贷政策 | 金融市场 | 金融稳定 | 调查统计 | 银行会计 | 支付体系 | | 金融科技 | | 人民币 | 经理国库 | 国际交往 | 人员招录 | 学术交流 | 征信管理 | 反洗钱 | 党建工作 ...