Market Overview - The US stock market saw a collective rise on January 15, with the Dow Jones up by 0.38%, Nasdaq up by 0.76%, and S&P 500 up by 0.53% [1] - The Philadelphia Semiconductor Index surged over 3%, indicating strong performance in the semiconductor sector [2] Semiconductor Stocks Performance - Notable individual stock performances included: - COHERENT increased by over 11% - Entegris rose nearly 9% - KLA and Applied Materials both saw increases of over 7% - TSMC and ASML both rose over 6% - AMD and Lam Research increased by over 5% - NVIDIA, ARM, and Broadcom all saw gains of over 2% [2][3] TSMC Financial Performance - TSMC's market capitalization surpassed $1.8 trillion, driven by strong demand for AI hardware [4] - For Q4 2025, TSMC reported a net profit of NT$505.7 billion, a 35% year-over-year increase, exceeding market expectations [4] - TSMC's consolidated revenue for the same quarter was NT$1.46 trillion, a 20.5% year-over-year increase, also surpassing market estimates [4] - Operating profit reached NT$564.9 billion, a 32.7% year-over-year increase, exceeding market expectations [4] Future Projections for TSMC - TSMC forecasts Q1 2026 sales between $34.6 billion and $35.8 billion, exceeding market expectations of $33.22 billion [6] - The expected gross margin for Q1 2026 is between 63% and 65%, also above market estimates [6] - TSMC anticipates nearly 30% growth in sales in USD for 2026 [6] - Capital expenditures for TSMC are projected to total $40.9 billion for 2025, with expectations of $52 billion to $56 billion for 2026 [6] Semiconductor Industry Outlook - Omdia predicts that global semiconductor revenue will exceed $1 trillion for the first time in 2026, driven by unprecedented demand for AI [6] - The semiconductor industry is expected to see a year-over-year revenue growth of 20.3% in 2025, with strong performance anticipated in Q4 [6] - The growth in revenue is supported by significant expansion in the logic IC sector, with DRAM and NAND flash chip revenues expected to remain at unprecedented high levels [6]

中小机构化险连续三年位列年度工作首位。 "守牢底线，积极稳妥化解重点领域风险"是中央经济工作会议部署今年各项经济工作时强调的"八个坚 持"之一。对于房地产和地方政府债务方面的风险，本次金融监管总局监管工作会议强调，要推动城市 房地产融资协调机制常态化运行，助力构建房地产发展新模式；依法合规支持融资平台债务风险化解。 在切实提高行业高质量发展能力方面，会议指出，要做好统筹规划，稳妥推进中小金融机构减量提质， 合理优化机构布局。深入整治无序竞争，持续规范行业秩序。督促银行保险机构专注主业、错位发展。 当前，防风险、强监管、促高质量发展仍是金融监管工作的主线。会议要求，今年要全面加强和完善金 融监管，聚焦实质风险、解决实际问题，不断强化"五大监管"，提高依法监管能力，做实分类分级监 管。加快推进"金监工程"设计和建设。扎实履行统筹金融消费者保护职责。有效发挥"四级垂管"整体效 能。积极参与国际金融治理改革。 "金监工程"为金融监管总局首次在年度工作会议上提及，这是监管数字化智能化转型的一项具体工作。 李云泽去年9月在国新办新闻发布会上介绍"十四五"时期金融业发展成就时就指出，规划实施"金监工 程"，积极运用大数据、 ...

容百科技（688005）最新公告。 1月15日晚间，容百科技发布再次延期回复上海证券交易所《问询函》相关公告。公告称，公司于2026 年1月13日收到上交所问询函，涉及与宁德时代签署的日常经营合同事项。由于《问询函》涉及的其他 事项需要进一步核实，公司股票于2026年1月16日继续停牌1日。 针对《问询函》中指出的"根据公司提交的公告及备查文件，协议中并未对总销售金额进行约定，公司 未公告销售金额的确定依据"，容百科技表示，协议未约定采购金额，"1200亿元合同总金额"是公司估 算得出，最终实际销售规模需根据实际订单签订时的原材料价格以及数量确定，销售金额具有不确定 性。 1月13日容百科技公告称，公司与宁德时代签署了《磷酸铁锂正极材料采购合作协议》，自今年第一季 度开始至2031年，将向宁德时代国内区域供应磷酸铁锂正极材料305万吨，总销售金额超1200亿元。有 业内人士评论称，如此大的订单量和协议金额，在锂电行业罕见，或将对容百科技未来的业绩产生积极 影响。 当晚，上交所火速下发问询函，要求其就信息披露准确性、协议内容、内幕交易防控等事项进行自查并 补充披露，并要求容百科技明确说明是否存在借大额合同进行股 ...

人民财讯1月15日电，截至发稿，铂、钯期货主力合约均跌超5%。 ...

Core Viewpoint - The "Dead Yet?" app, which gained popularity and topped the paid app charts on the Apple App Store, has been removed from the store without a clear reason provided by its founder, Mr. Guo [1][3]. Group 1: App Features and Purpose - The "Dead Yet?" app is designed as a lightweight safety tool for individuals living alone, allowing users to set an emergency contact who will be notified via email if the user fails to check in for several consecutive days [3]. - The app aims to provide timely alerts for potential safety risks, thereby allowing for intervention [3]. Group 2: Brand and Naming Issues - Following its surge in popularity, the app's name has sparked discussions, leading to the announcement of a new global brand name, "Demumu," which is set to be implemented in an upcoming version [3]. - The app's official team has also called for public suggestions for a new name, indicating that previous naming attempts were not satisfactory [4].

Core Viewpoint - The A-share market is experiencing significant divergence, with some stocks reaching new highs while others are continuously declining, leading to several stocks falling below the 1 yuan face value, thus facing delisting risks [1][2]. Group 1: Stock Performance - *ST Aowei (002231) recently closed at 0.99 yuan per share, marking the first time its stock price has fallen below 1 yuan [1]. - Other stocks such as *ST Changyao (300391) and *ST Lifang (300344) have also seen their prices drop below 1 yuan, with *ST Changyao currently at 0.68 yuan after a decline of over 60% in the past month [2]. - *ST Lifang's stock price has plummeted from over 5 yuan to 0.83 yuan, representing a cumulative decline of over 80% in less than two months [2]. Group 2: Market Trends - In contrast to the declining stocks, over 200 stocks in the A-share market have reached historical highs in the past month, with more than 160 stocks achieving this milestone in less than 10 trading days since 2026 began [3]. Group 3: Company Issues - Many companies that have fallen into the low-price stock category face various operational issues, leading to multiple delisting risks [4]. - *ST Changyao received a notice from the China Securities Regulatory Commission regarding false records in its annual reports for 2021, 2022, and 2023, which could lead to forced delisting [4]. - Similarly, *ST Lifang has also been notified of potential delisting due to false records in its financial reports [4]. Group 4: Market Insights - Market expert Gui Haoming noted that even in a bullish market, not all stocks will perform well; some may decline due to poor company performance or delisting pressures, indicating a shift from the past trend of simultaneous stock movements [5]. - The decline in stock prices and trading volumes below listing requirements is primarily attributed to operational issues within the companies, emphasizing that performance remains the top priority for investors [5].

近期A股市场出现较明显分化，在一部分股票持续上涨，甚至连创新高的同时，部分股票却在连续下 跌，甚至已有一些股票陆续跌破1元面值。 今日（1月15日）盘后，*ST奥维（002231）发布公告提示公司股票存在可能因股价低于面值终止上市 风险。当日，*ST奥维（002231）收于0.99元/股，为公司股票近期首次跌破1元面值。 而*ST奥维并非个例，Wind行情数据显示，除了*ST奥维外，目前A股市场还有*ST长药、*ST立方股价 低于1元。此外，还有约30股最新收盘价低于2元。 比如*ST长药（300391）最近一段时间股价表现低迷，从2025年12月30日开始股价跌破1元，此后进一 步下跌，最新股价已跌至0.68元/股，并已连续11个交易日收盘价低于1元。最近一个月时间里，*ST长 药股价已经累计下跌逾六成。 *ST立方（300344）则是自2025年11月下旬开启股价连续下跌之旅，公司股价从超过5元跌至目前仅0.83 元，不到两个月的时间里股价累计跌幅已经超过80%。从2026年1月13日开始*ST立方股价跌破1元，截 至目前已连续3个交易日收盘价低于1元。 另外，还有不少公司股票在经历近期的下跌后，股价逐渐 ...

2026年伊始，港股市场整体表现强势，强劲表现不仅提振了市场信心，也为上市公司再融资提供了良好 的市场环境。 数据显示，2026年以来，港股上市公司增发配股（包含配售、供股、代价发行）规模已接近250亿港 元，远超去年同期的10.20亿港元。配售仍是港股上市公司再融资主要方式，近七成再融资项目选择了 配售。 分析人士指出，配售发行效率高、定价灵活，可助力企业迅速完成融资，有助于港股公司及时补充现金 流。 再融资规模接近250亿港元 2026年仅过去半个月时间，港股上市公司再融资活动异常活跃。数据显示，截至1月15日，港股上市公 司增发配股（包含配售、供股、代价发行）规模已达到248.87亿港元，较2025年同期的10.20亿港元，增 加了238.67亿港元。 配售仍是港股上市公司再融资的主要方式。数据显示，共有24家港股上市公司发起了25起再融资活动， 在这25起再融资案例中，有17起选择了配售这一方式，占比高达68%。 在这波再融资动态中，顺丰控股（002352）与极兔速递格外引人注目，二者宣布战略相互持股，再融资 金额达到83亿港元，成为其中规模最大的一笔。据了解，顺丰控股将向极兔速递增发2.26亿股H股 ...

近期A股市场出现较明显分化，在一部分股票持续上涨，甚至连创新高的同时，部分股票却在连续下 跌，甚至已有一些股票陆续跌破1元面值。 今日（1月15日）盘后，*ST奥维（002231）发布公告提示公司股票存在可能因股价低于面值终止上市 风险。当日，*ST奥维（002231）收于0.99元/股，为公司股票近期首次跌破1元面值。 而*ST奥维并非个例，Wind行情数据显示，除了*ST奥维外，目前A股市场还有*ST长药、*ST立方股价 低于1元。此外，还有约30股最新收盘价低于2元。 有专家在接受证券时报记者采访时指出，经营方面的不规范或经营业绩差，成为不少上市公司最终被投 资者抛弃，并被"用脚投票"的一个重要原因，这也启发投资者，不管在什么样的行情条件下，业绩总是 第一位的。 近期A股部分股票陆续跌破1元面值 记者梳理发现，最近一段时间里，已有多只股票陆续跌破1元面值，直接面临"1元退市"风险。 比如*ST长药（300391）最近一段时间股价表现低迷，从2025年12月30日开始股价跌破1元，此后进一 步下跌，最新股价已跌至0.68元/股，并已连续11个交易日收盘价低于1元。最近一个月时间里，*ST长 药股价已经累计 ...

Core Viewpoint - Gree Electric Appliances announced a mid-term profit distribution plan for 2025, proposing a cash dividend of 10 yuan per 10 shares, totaling 5.585 billion yuan, with no stock bonuses or capital reserve transfers [4][5]. Group 1: Dividend Distribution Details - The dividend distribution is based on a total share capital of 5.585 billion shares, excluding 16.267 million repurchased shares [4]. - The record date for the dividend is January 22, 2026, and the ex-dividend date is January 23, 2026 [4]. - The distribution is aimed at all shareholders registered with the Shenzhen branch of China Securities Depository and Clearing Corporation as of the record date [4]. Group 2: Financial Performance - For the first three quarters of 2025, Gree reported a net profit attributable to shareholders of 21.461 billion yuan, with a stable net profit margin, indicating robust profitability and ample cash flow to support the mid-term dividend [4]. - The 2025 mid-term dividend plan is consistent with the company's commitment to stable and sustainable dividend policies, aligning with its operational and long-term development needs [4]. Group 3: Historical Dividend Trends - Gree has maintained a high dividend level in recent years, with the 2025 mid-term dividend being on par with the 2024 mid-term dividend of 5.585 billion yuan [5]. - The total dividend for the 2024 fiscal year reached 16.755 billion yuan, accounting for 52% of the net profit attributable to shareholders [6]. - Since its listing, Gree has distributed over 177.6 billion yuan in dividends, with cumulative dividends exceeding 172.2 billion yuan since 2012 [6]. Group 4: Future Outlook - Gree aims to continue high-quality development through strategic planning and market adaptation, ensuring stable, sustainable, and predictable cash dividends while maintaining normal operations and long-term growth [6].