【导读】中国农业银行深圳市分行原党委副书记、副行长王国彪被开除党籍和公职 金融反腐最新消息来了！ 1月21日，中央纪委国家监委官网通报：中国农业银行深圳市分行原党委副书记、副行长王国彪被开除党籍和公职。 日前，经中央纪委国家监委批准，中央纪委国家监委驻中国农业银行纪检监察组、山东省菏泽市监委对中国农业银行深圳市分行原党委副书记、副行长王 国彪严重违纪违法问题进行了立案审查调查。 经查，王国彪存在以下问题： 中国基金报记者晨曦 ●丧失理想信念，背弃初心使命，履行全面从严治党主体责任不力，对抗组织审查，串供，转移、隐匿证据，搞迷信活动； ●无视中央八项规定精神，接受可能影响公正执行公务的宴请；违反组织原则，不按规定报告个人有关事项，利用职权和职务上的影响违规为他人谋取人 事利益； ●廉洁底线失守，收受可能影响公正执行公务的礼品、礼金、消费卡，违规借用管理对象钱款，违规收受他人大额钱款； ●利用职务上的便利，在招标采购、工程承揽方面为他人谋取利益并非法收受巨额财物。 通报指出，王国彪严重违反党的政治纪律、组织纪律、廉洁纪律，构成严重职务违法并涉嫌受贿犯罪，且在党的十八大后不收敛、不收手，性质严重，影 响恶劣，应予严 ...

美国证券交易委员会（SEC）最新文件显示，伯克希尔或出售卡夫亨氏股份。截至目前，伯克希尔的持股比例为27.5%。卡夫亨氏此前宣布重组交易将于 2026年完成。 据媒体报道，"股神"巴菲特于2025年底退休，伯克希尔在其退休后会如何投资和运作受市场关注。 伯克希尔或出售卡夫亨氏股份 美东时间1月20日，卡夫亨氏向SEC提交招股说明书补充文件。文件显示，伯克希尔·哈撒韦公司伯对潜在转售（potential resale）其持有的3.254亿股股份事 宜进行了登记。 2013年，巴菲特的伯克希尔哈撒韦与私募3G Capital合作私有化亨氏公司，交易总价值达到280亿美元；2015年，巴菲特与3G推动亨氏与卡夫合并。卡夫 亨氏于2015年上市，2017年市值突破千亿美元后，股价整体延续跌势。 卡夫亨氏重组预计于2026年完成交易 2025年9月，卡夫亨氏发布公告称，公司将通过免税分拆的方式，拆分为两家独立上市公司。本次拆分旨在回应持续的业绩压力和行业变革。交易预计于 2026年下半年完成，需获得监管批准。 具体拆分方案如下：第一家公司Global Taste Elevation Co.（全球风味提升公司）将专注于酱 ...

Market Overview - The A-share market showed stability with the three major indices experiencing slight increases, with the Shanghai Composite Index rising by 0.08%, the Shenzhen Component Index by 0.7%, and the ChiNext Index by 0.54% [1] - A total of 3,096 stocks rose, with 88 hitting the daily limit up, while 2,197 stocks declined [1][2] Trading Volume and ETF Activity - The trading volume for the entire market reached 2,623.747 billion, with a total transaction volume of 147,027.5 million [2] - Notably, the trading volume of the CSI 50 ETF reached 16.9 billion yuan, marking a ten-year high [5] - Other ETFs, including the CSI 300 ETFs from Huatai-PineBridge, Harvest, and E Fund, also saw transaction volumes exceeding 10 billion yuan [5] Sector Performance - The precious metals sector saw a collective surge, with stocks like Sichuan Gold and Western Gold hitting the daily limit up, as spot gold prices rose to $4,830 per ounce, an increase of 1.5% [3] - Semiconductor stocks strengthened, with companies such as Loongson Technology and Dagang Co. also reaching the daily limit up [3] - Lithium mining stocks rebounded, with Shengxin Lithium Energy and Dazhong Mining hitting the daily limit up [4] ETF Incident - An unusual trading incident occurred with the Petrochemical ETF, which suddenly hit the daily limit up, indicating a potential erroneous trade [18][19]

美国证券交易委员会（SEC）最新文件显示，伯克希尔或出售卡夫亨氏股份。截至目前，伯克希尔的持股比例为27.5%。卡 夫亨氏此前宣布重组交易将于2026年完成。 据媒体报道，"股神"巴菲特于2025年底退休，伯克希尔在其退休后会如何投资和运作受市场关注。 美东时间1月20日，卡夫亨氏向SEC提交招股说明书补充文件。文件显示，伯克希尔·哈撒韦公司对潜在转售（potential resale）其持有的3.254亿股股份事宜进行了登记。 | Exhibit | | | --- | --- | | Number | Description | | ২.1 | Opinion of Skadden. Arps. Slate, Meagher & Flom LLP | | 23.1 | Consent of Skadden, Arps, Slate, Meagher & Flom LLP (included in Exhibit 5.1) | | 104 | Cover Page Interactive Data File (formatted as inline XBRL). | 截至目前，伯克希尔是卡夫亨氏的最大股东， ...

【导读】瑞达期货拟斥资5.89亿元收购申港证券11.94%股权 "期证合作"再迎大动作！ 1月20日晚间，瑞达期货股份有限公司发布公告称，公司拟以自有资金5.89亿元购买申港证券合计11.94%的股权。 根据公告，本次交易分为两部分：一是向裕承环球市场有限公司购买其持有的申港证券8.1112%股权（对应3.5亿股），二 是向嘉泰新兴资本管理有限公司购买其持有的申港证券3.8239%股权（对应1.65亿股）。值得一提的是，裕承环球出让的股 权目前处于质押状态。 公告明确，该交易不构成关联交易或重大资产重组。瑞达期货与申港证券及其股东不存在关联关系。此外，本次交易仍需 取得中国证监会等相关部门的批准或核准。 对于本次收购，瑞达期货表示，为实现成为具有国际竞争力的衍生品投行的发展战略，公司积极寻找管理规范、优势互补 且经营良好的证券公司。 瑞达期货认为，通过股权收购，能有效整合证券公司与期货公司的业务资源，发挥协同效应，满足不同类别客户多元化的 需求，为客户提供全方位的风险管理、财富管理等综合金融服务。 资料显示，瑞达期货成立于1993年，是中国期货行业首批上市公司、深交所首家期货上市公司。 申港证券成立于2016 ...

2025年11月26日，韩国负责调查紧急戒严事件的特检组向法院求处韩德洙15年有期徒刑。特检方面认 为，韩德洙没有履行相应职责，未能牵制前总统尹锡悦专断行使权力，反而纵容推进紧急戒严，且韩德 洙反复翻供，态度始终不配合、毫无悔意，这些都应纳入量刑考量。 据韩媒报道，韩国首尔中央地方法院21日下午对韩国前总理韩德洙涉嫌参与内乱一案作出一审宣判，判 处韩德洙有期徒刑23年。 （原标题：快讯！韩国前总理韩德洙被判23年） 来源：中国新闻网 ...

Core Viewpoint - *ST Changyao (300391) is facing multiple risks of being delisted, including trading-related, financial-related, and major violation-related delisting risks, as its stock price has been below 1 yuan for 15 consecutive trading days [2][5]. Group 1: Stock Performance - On January 21, *ST Changyao's stock opened at 0.64 yuan per share, reaching a daily limit increase for the second consecutive trading day [2]. - The stock has experienced a 20.75% increase, with a trading volume of 517,000 shares and a total transaction amount of 31.99 million yuan [3]. - The stock price has been below 1 yuan for 15 consecutive trading days, and if it remains below this threshold for the next 5 trading days, it will be suspended from trading [2][4]. Group 2: Delisting Risks - The company is at risk of trading-related delisting due to its stock price being below 1 yuan and market capitalization below 300 million yuan for consecutive trading days [4]. - Financial-related delisting risks arise from the expectation that the company's audited net assets will be negative by the end of 2025, along with potential adverse audit opinions on financial reports [5]. - Major violation-related delisting risks are present as the company is under investigation by the China Securities Regulatory Commission (CSRC) for suspected false reporting of financial data [5][6]. Group 3: Financial Irregularities - From 2021 to 2023, *ST Changyao's annual reports contained false records, inflating revenue by 215 million yuan, 284 million yuan, and 234 million yuan, which accounted for 9.12%, 17.57%, and 19.51% of the disclosed revenue respectively [6]. - The company also inflated total profit by 56.4 million yuan, 63.4 million yuan, and 43.7 million yuan during the same period, representing 35.62%, 88.23%, and 6.42% of the disclosed profit [6]. - Due to these financial discrepancies, the company may face major violation-related delisting if formal penalties are imposed [6].

Group 1 - The core viewpoint of the articles highlights the optimistic outlook of fund managers on the technology sector, particularly in artificial intelligence, cloud computing, and robotics, as key investment directions for the upcoming years [1][3][12] - Fund managers are emphasizing the importance of risk management in the technology sector, which is characterized by high growth potential and volatility, advocating for diversified investment strategies [2][21] Group 2 - Fund manager Ren Jie focuses on global cloud computing investments, with a notable performance of the fund achieving a unit net value growth rate of 233.29% in 2025, ranking first among active equity funds [3][4] - The fund's latest quarterly report indicates a decrease in stock positions, with a stock market value proportion of 78.76%, down by 13 percentage points from the previous quarter [3][4] - The top ten holdings include companies like Shengyi Technology and Zhongji Xuchuang, with significant annual growth rates of 205.82% and 396.38% respectively [3][4] Group 3 - Fund manager Li Jin expresses a strong interest in artificial intelligence computing-related assets, focusing on sectors with the best growth potential, including technology, new energy, and pharmaceuticals [8][12] - The fund's top three holdings are Zhongji Xuchuang, Xinyi Technology, and Huamao Technology, with substantial increases in positions for companies like Dongshan Precision and Industrial Fulian [9][10] Group 4 - Fund manager Yan Siqian emphasizes the investment opportunities in manufacturing and low-carbon technologies, highlighting the importance of intelligent manufacturing and technological innovation for sustainable development [13][15] - The fund's top holdings include Wuzhou Xinchun and Zhenyu Technology, with significant increases in positions for companies like Beite Technology and Sili Technology [14][15] Group 5 - Fund manager Feng Ludan notes that the artificial intelligence industry is in the early stages of forming a bubble, suggesting a cautious approach to investment while monitoring technological advancements and business model validations [16][21] - The fund's latest report shows a stock position of 86.04%, with significant increases in holdings for companies like Huadian Technology and Tencent Holdings [18][19]

【导读】一批绩优基金四季报披露 随着公募四季报陆续披露，一些绩优基金经理的调仓换股"跃然纸上"。 去年四季度，不少绩优基金聚焦人工智能、云计算、机器人等投资方向。多位基金经理表示，展望2026年，对资本市场整体环境保持相对乐观，科技产业 仍将是结构性行情的重要方向。 也有基金经理进行提示风险，科技板块具有高成长性和高波动率，应该先讲风险，再谈收益，建议进行分散投资。 1月21日，由任桀管理的永赢科技智选披露四季报。该基金成立于2024年10月底，在2025年度取得233.29%的单位净值增长率，不仅在主动权益基金业绩 榜单上名列第一，更是摘得年度公募基金全市场冠军，且领先优势明显。 最新季报显示，截至2025年四季度末，该基金规模达154.68亿元，环比增长34.26%。该基金四季度股票仓位有所下降，从持仓情况看，其股票市值占基金 总资产比例为78.76%，较三季度末减少了13个百分点。 任桀在季报中表示，去年四季度，该基金继续聚焦全球云计算产业投资，在三季度判断的基础上（基于2027年新技术的兑现），结合全球AI产业前沿模 型和商业化进展进行投资应对。 具体来看，前十大重仓股中，生益科技、中际旭创、沪电股份 ...

Group 1 - On January 20, the A-share market experienced a decline, with all three major indices falling, and over 500 billion yuan in net outflows from stock ETFs [1][2] - In the past four trading days, the total net outflow from stock ETFs exceeded 240 billion yuan, with over 920 billion yuan in net outflows in the first two days of the week [2] - The total scale of stock ETFs in the market reached 4.75 trillion yuan as of January 20, 2026, with a trading volume of 3.13 trillion yuan on that day [3] Group 2 - The building materials and real estate sectors led the gains among stock ETFs, with the top three performing ETFs all from the building materials sector, each rising over 3.3% [4] - The worst-performing ETFs included those related to satellites, aviation, and communication equipment, with many experiencing declines exceeding 3% [4] - On January 20, the net outflow from stock ETFs was approximately 505 billion yuan, with 51 ETFs seeing inflows of over 100 million yuan [5] Group 3 - The top five inflow sectors included new energy (net inflow of 2.91 billion yuan), gold (2.75 billion yuan), and petrochemical (1.87 billion yuan) [5] - The leading ETFs by net inflow included the Electric Grid Equipment ETF with a net inflow of 2.755 billion yuan, followed by the KI ETF and the China Concept Internet ETF [6] - The top outflow ETFs included the CSI 300 ETF from Huatai-PineBridge, which saw a net outflow of 10.984 billion yuan, and the CSI 500 ETF with a net outflow of 9.143 billion yuan [7] Group 4 - Major public fund companies continue to see inflows into their ETFs, with E Fund's China Concept Internet ETF attracting 640 million yuan and the Gold ETF attracting 360 million yuan on January 20 [8] - The market is expected to remain stable due to supportive monetary policy and positive macroeconomic data, with a potential spring rally anticipated [8] - Short-term market fluctuations may occur due to regulatory measures aimed at preventing excessive volatility, but a spring rally is expected to resume around the Chinese New Year [9]