商务部发布关于中欧电动汽车案磋商进展的通报。 综合自：商务部网站、央视新闻 责编：万健祎 校对：王锦程 商务部表示，这充分体现了中欧双方的对话精神和磋商成果。中欧双方有能力、有意愿，在世贸组织规 则框架下，通过对话磋商妥善化解分歧，维护中欧及全球汽车产业链供应链稳定。这不仅有利于中欧经 贸关系健康发展，也有利于维护以规则为基础的国际贸易秩序。 同日，中国机电产品进出口商会（以下简称"中国机电商会"）发布关于中欧通过对话磋商妥善解决电动 汽车反补贴案达成积极成果的声明。 声明称，中国机电商会注意到，中欧双方相关政府部门关于电动汽车反补贴案的磋商取得积极成果。欧 委会发布《关于提交价格承诺申请的指导文件》（以下简称"指导文件"），中国电动汽车企业可依据指 导文件内容提交价格承诺申请。欧委会承诺，将本着非歧视原则，采用统一标准对中国企业提交的申请 进行客观、公正审查，符合条件的企业可用价格承诺替代反补贴征税。 中国机电商会认为，妥善解决欧盟对华电动汽车反补贴案，是中欧电动汽车上下游业界的普遍期待，有 助于促进中欧相关产业链供应链的安全稳定，维护中欧经贸合作大局及以规则为基础的国际贸易秩序。 中欧双方本着相互尊重和对 ...

Core Viewpoint - The company *ST Dali (002214) has announced a change in the use of its repurchased shares, shifting from an employee equity incentive plan to capital reduction through share cancellation [1] Group 1 - The board of directors approved a resolution to change the purpose of the remaining 575,200 shares repurchased under the 2022 buyback plan [1] - The new purpose for the repurchased shares will be to cancel them and reduce the company's registered capital [1] - The resolution will be submitted for approval at the company's shareholders' meeting [1]

Core Viewpoint - The company has no plans to develop a smartphone but will collaborate with a well-known mobile brand for an IP co-branding project [1] Group 1: Smartphone Collaboration Rumors - A digital blogger claimed that the company would launch a "trendy phone" this month, likely in partnership with a popular youth-oriented mobile brand [1] - Another blogger mentioned that the company is negotiating with a well-known mobile brand to combine trendy elements with phone design, potentially launching trendy phone cases or co-branded models [1] - The company confirmed that it is not developing a smartphone but will engage in IP co-branding with a mobile brand [1] Group 2: Business Expansion and Performance - Since 2025, the company has been rumored to expand into AI toys and home appliances, although it denied such claims in the past [2][3] - The company is actively pursuing overseas expansion, with partners in Indonesia, Cambodia, and Mexico starting shipments, indicating a deepening global supply chain [3] - The company reported a 245% to 250% year-on-year revenue growth in Q3 2025, with Chinese revenue increasing by 185% to 190% and overseas revenue by 365% to 370% [3] Group 3: Strategic Partnerships and Initiatives - The Henan Provincial Department of Culture and Tourism is seeking opinions on a plan to support creative design companies and international brands, including the company, for high-profile cultural events in Henan [4]

12日，A股全线飙升，沪指午后涨超1%，创业板指涨近2%，北证50指数大涨超5%；港股亦走高，恒生 指数涨超1%，恒生科技指数涨超3%。 具体来看，两市股指早盘震荡上扬，午后再度攀升，沪指涨超1%，续创逾10年新高；创业板指逼近 3400点，创4年新高。截至收盘，沪指涨1.09%报4165.29点，续创逾10年新高；深证成指、创业板指涨 近2%，北证50指数涨5.35%，沪深北三市合计成交约3.64万亿元，突破前期高点，创历史新纪录。 全A超4100股飘红，逾200股涨停。AI应用概念集体爆发，万兴科技（300624）、海天瑞声、昆仑万维 （300418）等涨停，星环科技尾盘亦涨停续创新高；商业航天概念热度不减，邵阳液压（301079）4日 大涨超100%，创历史新高；天力复合、铂力特、理工导航等均创新高；脑机接口概念午后拉升，道氏 技术（300409）20%涨停，倍益康、爱朋医疗（300753）等涨超10%。此外，16倍大牛股天普股份 （605255）复牌跌停。 脑机接口概念活跃 脑机接口概念盘中强势拉升，截至收盘，道氏技术20%涨停，创历史新高，熵基科技（301330）涨超 17%亦创新高，倍益康、爱朋医 ...

Market Overview - The A-share market continues to surge, with the Shanghai Composite Index reaching a 10-year high and a 17-day consecutive rise in daily K-line [1] - Over 4,100 stocks increased in value, with total market transactions hitting a historical high of 3.64 trillion yuan [1] - Key sectors showing significant gains include artificial intelligence, commercial aerospace, and performance growth stocks, while sectors like petrochemicals and agricultural chemicals saw slight declines [1] Capital Inflows - Major inflows of capital were observed in the computer sector, with over 42.2 billion yuan net inflow, followed by media with over 23.9 billion yuan, and defense with over 13.9 billion yuan [1] - Notable outflows included over 3.9 billion yuan from non-ferrous metals and over 1.7 billion yuan from real estate [1] Sector Highlights - The technology sector, particularly in artificial intelligence and commercial aerospace, experienced substantial activity, with multiple sub-sectors reaching historical highs [1][2] - Stocks such as Sora concept, Zhipu AI, and multimodal AI saw significant price increases, with several stocks hitting daily limits of 30% [1] - In the commercial aerospace sector, companies like Goldwind Technology and Aerospace Electronic achieved consecutive daily limit increases [2] Performance Growth Stocks - Companies with expected performance growth, such as Zhongtai Co., saw a sharp increase of 20% in stock price, reaching a 10-year high [4] - Zhongtai Co. projected a net profit of 420 million to 480 million yuan for 2025, representing a year-on-year growth of 638.74% to 715.7% due to overseas orders in deep cooling equipment [6] - Other companies like Yingqu Technology and Tianyong Intelligent also reported significant performance increases [6] Future Outlook - The spring market trend is expanding from commercial aerospace to AI applications, nuclear fusion, and robotics, with ongoing IPOs expected to strengthen the "technology financing" narrative [4] - Anticipation for the release of DeepSeek's V4 model in February may further enhance market sentiment towards Chinese technology assets [4]

Core Viewpoint - The A-share market experienced a strong start in the first week of 2026, with significant inflows of leveraged funds, indicating a positive market sentiment and potential for continued investment activity [1][3]. Group 1: Market Performance - In the first week of 2026, the A-share market saw a net inflow of financing funds amounting to 857.79 billion yuan, ranking as the fifth largest weekly net inflow in A-share history [1][3]. - The total trading volume in the A-share market exceeded 30 trillion yuan on January 9, 2026, reflecting heightened market activity and investor interest [3]. Group 2: Fund Inflows - The first four days of the week recorded daily net inflows exceeding 100 billion yuan, with figures of 192.66 billion yuan, 188.87 billion yuan, 249.02 billion yuan, and 159.44 billion yuan, indicating a strong acceleration of fund entry [3]. - The electronic sector attracted the most attention from financing clients, with a net inflow of 158.12 billion yuan, significantly higher than other sectors [8]. - Non-bank financials and the computer sector also received substantial net inflows, each exceeding 60 billion yuan [9]. Group 3: Investor Behavior - Many existing clients increased their positions, primarily focusing on short-term operations and chasing market hotspots, while new account openings were not yet evident [6]. - Over 70% of the stocks saw net buying from financing clients, with seven stocks exceeding 1 billion yuan in net buying, including XW Communication and China Ping An [10]. Group 4: Future Market Outlook - Analysts suggest that the current market momentum is supported by multiple liquidity factors, including significant inflows into A500 ETF and a strengthening yuan, which reflects international confidence in China [12]. - The spring market is expected to have further room for growth, with technology sectors likely to remain a long-term focus, while value sectors may also present opportunities [12][13].

Core Viewpoint - Zhang Zetian launched her personal podcast "Xiao Tian Zhang" on the Xiaoyuzhou platform, with the first episode focusing on self-introduction and achieving over 10,000 listens within an hour of release [1] Group 1 - The first episode of the podcast is less than 3 minutes long and has already garnered over 7,000 subscriptions [1] - Zhang explained the significance of the podcast's name, stating that "Tian Zhang" represents the laws of nature and reflects her desire to present her authentic self [1] - She expressed her intention to share insights on technology developments and business model changes, as well as casual conversations with friends in future episodes [1]

Group 1 - The A-share market experienced a strong start in the first week of 2026, with a net inflow of margin financing reaching 857.79 billion yuan, ranking fifth in A-share history for single-week net inflows [1][2] - The first four days of the week saw daily net inflows exceeding 100 billion yuan, indicating a rapid influx of funds, although the fifth day showed a significant slowdown with a net inflow of only 67.81 billion yuan [2] - The electronic industry was particularly favored by margin investors, attracting a net inflow of 158.12 billion yuan, significantly higher than other sectors [5][6] Group 2 - Other sectors that received notable net inflows included non-bank financials and computers, each exceeding 60 billion yuan in net buying [6] - Over 70% of margin trading stocks experienced net buying, with seven stocks seeing net inflows exceeding 10 billion yuan, including XW Communication and China Ping An [7] - Analysts suggest that the strong performance in the A-share market is driven by multiple liquidity factors, including abnormal inflows into A500 ETF and the continuous appreciation of the yuan, reflecting international capital's restored confidence in China [8][9]

值得注意的是，在A股市场成交趋向活跃的同时，作为A股市场的两股重要力量，两融资金和北向资金 的规模和参与度也有所提升。 两融资金方面，数据显示，截至2026年1月9日，A股市场两融余额达26276亿元，进一步创出历史新 高，单日增长近70亿元。当天，A股市场两融交易额也达3456亿元，创出自2025年9月18日之后最近3个 多月新高。 总体来看，进入2026年以来，两融余额规模有所增长，2026年以来，两融余额累计已经增长超过800亿 元。 北向资金方面，根据香港交易所披露的数据，近期随着A股市场交投进一步活跃，北向陆股通交投活跃 度也有所提升，已再度连续数个交易日超过3000亿元。 1月12日，A股市场成交额超3.6万亿元，创出历史新高。 据数据，包含今天（2026年1月12日）在内，A股市场史上共有7个交易日成交额超过3万亿元。在今天 之前，A股市场成交额历史峰值出现在2024年10月8日，当天A股市场成交额达到约3.49万亿元，也是A 股市场史上单日成交额首次突破3万亿元大关。 另外，在整个2025年一年时间里，A股市场共有4个交易日单日成交额超过3万亿元。而在进入2026年以 来仅6个交易日的时间里， ...

近期，人民币汇率整体呈现稳中趋强态势，美元兑人民币持续运行于7.0关口下方。 2026年，人民币汇率走势如何？多家机构人士表示，人民币汇率呈现稳中趋强态势，是内外因素共振、 市场预期催化的多重合力结果。人民币汇率未来大概率将呈现双向波动格局。 内外共振推动升值 本轮人民币升值并非单一因素驱动。中银证券全球首席经济学家管涛分析，2025年人民币走出逆势升值 行情是内外因素共同作用的"综合结果"。从外部层面看，"美元大幅贬值导致了人民币的被动升值"。特 朗普政府政策对美元信用的"政治、资本流动与货币基础"三大基础造成冲击，是美元趋势性走弱的核 心。 从内部层面看，中国宏观叙事的积极转向、针对外部冲击的未雨绸缪、经济实现5%左右的稳定增长， 以及中美经贸磋商取得阶段性进展，共同重塑了市场对中国资产的信心，为汇率提供了基本面与情绪面 的支撑。 这样的观点得到大多数机构的认可。兴业证券宏观团队在接受证券时报·券商中国记者采访时表示，年 末以来，中国人民币汇率呈现稳中趋强态势，是内外因素共振、市场预期催化的多重合力结果。 内部因素而言，外需韧性与结汇高峰是近期人民币升值的重要拉力。2025年虽然面临关税冲击，但中国 外需 ...