1月7日，上交所连开两张"罚单"，分别对科创板公司亚辉龙、英集芯及有关责任人予以监管警示，原因为相关公司在披露涉及"脑机接口"业务信息时存 在不准确、不完整的情形。 | 证券代码 | 证券简称 | 监管类型 | 外理事由 | 涉及对象 | 外理日期 | | --- | --- | --- | --- | --- | --- | | 688575 | 亚辉龙 | 监管警示 | 关于深圳市亚辉龙生物科技股份有 | 上市公司,董秘 | 2026-01-07 | | | | | 限公司的决定书 | | | | 688209 | 英集示 | 监管警示 | 关于深圳英集芯科技股份有限公司 | 上市公司,董秘 | 2026-01-07 | | | | | 的地完书 | | | 亚辉龙1月6日股价上涨6.52%、成交量较前一个交易日增长299%。当天收盘后，该公司自愿披露与深圳脑机星链科技有限公司签订《战略合作框架协 议》，称双方将在产品研发、市场推广以及股权投资等方面开展合作，并披露后者为"深耕非侵入式与侵入式双技术路径的领先企业"。该公告披露后引 发市场关注，上交所火速下发问询函，要求公司说明合作具体情况。在监管督促下， ...

Core Insights - The liquid cooling industry is entering a "second development stage" marked by performance realization as AI cluster scale construction progresses [1] Group 1: Rubin Platform and Cooling Solutions - NVIDIA's CEO announced the full-scale production of the Vera Rubin platform, which features a "six-core integrated" design aimed at breaking the computing power ceiling [2] - The Rubin platform will implement 100% liquid cooling coverage and a third-generation fully cable-free design, enhancing thermal management with a modular design [2] - The cooling components for the next-generation Vera Rubin NVL144 platform are expected to reach a total value of $55,700 per cabinet, a 17% increase from the previous GB300 platform [2] Group 2: Liquid Cooling Market Growth - The liquid cooling market is experiencing rapid growth, driven by the expansion of downstream industries such as computing power, energy storage, and electric vehicles [3] - The global liquid cooling market for NVIDIA GPUs is projected to reach $11.9 billion, while the ASIC liquid cooling market is expected to reach $4.6 billion, leading to an overall market size of $16.5 billion (approximately 116.2 billion RMB) by 2026, with a compound annual growth rate of about 59% from 2025 to 2026 [3] Group 3: Stock Performance and Investment Opportunities - 26 liquid cooling concept stocks have seen an average increase of 79.73% since 2025, significantly outperforming the Shanghai Composite Index [4] - Among these, several stocks have doubled in value, including Chunzong Technology, Siquan New Materials, and Yidong Electronics [4] - 19 liquid cooling concept stocks are expected to have a net profit growth rate exceeding 20% in 2026 and 2027, with five stocks having a rolling P/E ratio below 40 [7] - The stock with the highest predicted upside is Zhongke Shuguang, with a potential increase of 47.27% based on target prices [7][8]

人民财讯1月7日电，现货白银跌幅扩大至4%，现货黄金跌逾1%。 ...

港股通（沪）（亿港元） 27.46 港股通（深）（亿港元） 14.87 港股通合计（亿港元） 42.33 注：本文系新闻报道，不构成投资建议，股市有风险，投资需谨慎。 今日（1月7日）南向资金ETF买入及卖出成交额为42.33亿港元，较前一日增加30.29亿港元，占南向资 金今日成交额的3.15%。 具体来看，港股通（沪）ETF买入及卖出成交额27.46亿港元，港股通（深）ETF买入及卖出成交额 14.87亿港元。（数据宝） 南向资金ETF买入及卖出成交额 ...

Core Viewpoint - The A-share listed companies are showing significant profit growth in their 2025 performance forecasts, with notable contributions from sectors such as military, pharmaceuticals, and commercial aerospace [1][3]. Group 1: Company Performance - Northern Navigation expects a net profit of CNY 110 million to CNY 140 million for 2025, representing a year-on-year increase of 86.32% to 137.14% from CNY 59.0374 million [1]. - The non-recurring net profit for Northern Navigation is projected to be CNY 89 million to CNY 119 million, with a year-on-year growth of 121.10% to 195.63% [1]. - Kangchen Pharmaceutical anticipates a net profit of CNY 145 million to CNY 175 million for 2025, a substantial increase of 243% to 315% from CNY 42.22 million [2][3]. - The non-recurring net profit for Kangchen Pharmaceutical is expected to rise by 350% to 447%, reaching CNY 140 million to CNY 170 million [2]. Group 2: Industry Trends - The commercial aerospace sector has been active, with Northern Navigation's stock price increasing over 45% since mid-December 2025 [1]. - Other companies, such as Zhongtai Co., expect a median year-on-year net profit increase of 677.22%, leading among disclosed forecasts [3]. - Industries such as machinery, public utilities, and steel are seeing significant profit growth, driven by steady demand expansion and internal improvements in product structure and operational efficiency [3].

Group 1 - The actual controllers of Baomo Co., Ltd., Luo Xiaolin and Han Ming, are planning a change in the company's control, with specific plans to be determined by signed agreements, which are currently in the planning stage and not yet formalized, indicating uncertainty [1] - Baomo Co., Ltd. primarily operates in fine chemicals and environmental water treatment, with fine chemicals as its core business, focusing on the research and production of polyacrylamide, a key raw material in enhanced oil recovery and water treatment [3] - On October 31, 2023, Baomo's former controlling shareholder, Tibet Taiyifeng, signed an agreement to transfer 96.698 million shares, representing 15.8% of the total shares, to Sichuan Xingtianfu Hongling Enterprise Management Co., Ltd., resulting in a change of controlling shareholder and actual controllers to Luo Xiaolin and Han Ming [3] Group 2 - For the first three quarters of 2025, Baomo Co., Ltd. achieved a revenue of 453 million yuan, a year-on-year increase of 17.29%, and a net profit attributable to shareholders of 37.868 million yuan, a year-on-year increase of 62.06% [4] - Since December 12, 2025, Baomo's stock price has been rising, with a cumulative increase of 42.11% by January 6, 2026, although it experienced a decline of 3.45% on January 7, 2026, with a latest market capitalization of 4.63 billion yuan [5][6]

Core Viewpoint - The new CEO of Berkshire Hathaway, Greg Abel, will receive an annual cash salary of $25 million, significantly higher than Warren Buffett's long-standing salary of $100,000 [1][6]. Group 1: CEO Compensation - Greg Abel's new salary represents a 19% increase from his previous salary of $21 million for 2024 [6]. - Warren Buffett's 2024 salary was $100,000, with an additional $305,000 in "other compensation" [6]. - Despite Abel's salary being much higher than Buffett's, it is still modest compared to the compensation packages of tech executives [6][7]. Group 2: Executive Comparisons - The highest-paid CEO in 2024 is Rick Smith of Axon, with total compensation of $164.5 million [7]. - Other notable high earners include Jim Anderson of Coherent at $101.5 million, and Brian Niccol of Starbucks at $95.8 million [7]. Group 3: Investment Challenges - Abel faces the challenge of effectively investing Berkshire's substantial cash reserves, which amount to $382 billion [9]. - Suggestions for utilizing the cash include stock buybacks, acquisitions, or paying dividends, although Buffett has not pursued these options effectively in recent years [10]. - The company has not repurchased stock in the past five quarters and has rarely issued dividends under Buffett's leadership [10].

Group 1: Market Overview - The A-share market experienced slight fluctuations on January 7, with the Shanghai Composite Index showing resilience by closing in the green, marking a rare occurrence of 14 consecutive bullish candles [1][3] - The overall market saw a moderate increase in trading volume, reaching 2.88 trillion yuan, with a higher number of declining stocks compared to advancing ones [1][3] Group 2: Sector Performance - The chip and fishery sectors showed significant activity, with the fishery index surging over 4% and stocks like Zhongshui Fishery (000798) hitting the daily limit [3][4] - Other active sectors included hotels and restaurants, while oil and gas extraction, aerospace equipment, and brain engineering faced declines [3] Group 3: Fund Flows - Major inflows were observed in the power and machinery sectors, with over 90 billion yuan in net inflows, while the computer sector saw a net outflow exceeding 40 billion yuan [3] - The market sentiment is influenced by expectations of credit expansion and policy support, particularly benefiting new economic forces in advanced manufacturing and overseas enterprises [3][4] Group 4: Regulatory Impact - The Chinese Ministry of Commerce announced strict export controls on dual-use items to Japan, which may impact the seafood market dynamics, as Japan is a significant export destination for Chinese seafood [6] - The announcement reflects ongoing geopolitical tensions and could lead to increased domestic demand for Chinese seafood products [6] Group 5: Chip Sector Insights - The chip sector has continued to strengthen, with multiple stocks hitting daily limits, driven by a severe shortage of memory chips reported by Samsung [7] - The trend towards supply chain security and domestic control is expected to persist, with advancements in chip technology and production processes being critical for future growth [7]

Core Viewpoint - The Hong Kong real estate market is experiencing a recovery in 2025 after two years of decline, with the positive momentum continuing into 2026 [1] Group 1: Market Performance - In 2025, the total number of property sale agreements in Hong Kong reached 80,702, the highest in four years, with a total value of HKD 614.28 billion, a year-on-year increase of 15% [2] - Residential property transactions accounted for 62,832 agreements, with a total value of HKD 519.83 billion, reflecting year-on-year increases of 18.3% and 14.4% respectively [2] - The top ten housing estates in Hong Kong also showed a "volume and price increase" in transactions throughout 2025 [2] Group 2: Factors Driving Recovery - The recovery in property prices is attributed to multiple factors, including a "super rebound" from previous price drops, improved financial market performance, and optimistic expectations regarding economic recovery, which have increased buyer willingness [2] - A slight adjustment in property tax policy, raising the stamp duty exemption threshold from HKD 3 million to HKD 4 million, has also contributed to the market's recovery [2] - Continuous optimization of talent and investment policies in Hong Kong has attracted professionals, entrepreneurs, and high-net-worth individuals, injecting new vitality into the real estate market [2] Group 3: 2026 Market Outlook - The Hong Kong real estate market is expected to maintain its momentum into 2026, with predictions of over 2,000 new property transactions in January alone, marking the best performance since the implementation of the "First-hand Residential Property Sales Ordinance" in 2013 [3] - The luxury property market is particularly strong, with significant transactions recorded, including properties sold for over HKD 100 million [3] - Analysts predict that the downward interest rate cycle, economic growth, and favorable policies will continue to drive the market, with residential property prices expected to rise by 10% in 2026 [4] - Rental levels are also forecasted to increase by 5%, driven by talent inflow and improved rental yields, stimulating investment demand [4]

1月7日，A股市场主要指数整体上涨。 截至收盘，上证指数收报4085.77点，上涨0.05%，深证成指收报14030.56点，上涨0.06%，创业板指收报3329.69点，上涨0.31%，北证50指数上涨0.22%， A股市场合计成交约2.88万亿元，已连续两个交易日超过2.8万亿元。 1.A股市场全天主力资金净流出471.98亿元 今日A股市场主力资金开盘净流出191.26亿元，尾盘净流入8.31亿元，A股市场全天主力资金净流出471.98亿元。 | | | 沪深两市近五日主力资金流向情况(亿元) | | | | --- | --- | --- | --- | --- | | 日期 | | | 净流入金额 开盘净流入 尾盘净流入 超大单净买入 | | | 2026-1-7 | -471.98 | -191. 26 | 8. 31 | -213.68 | | 2026-1-6 | -176. 68 | -147.71 | 18. 05 | 33. 67 | | 2026-1-5 | -62.98 | -54. 18 | 17. 34 | 90. 80 | | 2025-12-31 | -270. 79 | - ...