Market Overview - A-shares experienced a significant rebound on February 6, with all three major indices turning positive; the Shanghai Composite Index rose by 0.11%, while the Shenzhen Component and ChiNext Index increased by 0.65% [1] - The total market turnover for the half-day was 1.4 trillion yuan, slightly lower than the previous day, with over 3,800 stocks rising [2] Sector Performance - The basic chemical, petroleum and petrochemical, and electric power equipment sectors showed strong performance, while liquor, beverage, retail, and cultural media sectors struggled [2] - Notable gains were seen in lithium battery-related stocks, with the lithium electrolyte index rising by 5.89% and other chemical indices also performing well [3] Chemical Industry - The basic chemical sector led the market, with significant increases in fluorochemical, phosphoric chemical, and chemical fiber stocks; Jin Niu Chemical hit the daily limit, and several other stocks also reached their daily limits [5] - BASF announced a price increase of $200 per ton for Lupranate® TDI in the Asia-Pacific region (excluding mainland China) due to rising transportation, energy, and regulatory costs [6] Electric Power Equipment - The electric power equipment sector saw a surge, with stocks like Tianji Co. and Hangdian Co. hitting the daily limit, and several others rising over 10% [7][8] Pharmaceutical Sector - The pharmaceutical sector was active, particularly in traditional Chinese medicine, with stocks like Te Yi Pharmaceutical and Han Sen Pharmaceutical reaching their daily limits [9] - The Ministry of Industry and Information Technology released a plan for the high-quality development of the traditional Chinese medicine industry, aiming for a collaborative development system by 2030 [10] Liquor Sector - The liquor sector faced a collective pullback, with stocks like Huangtai Liquor hitting the daily limit down, and others like Zhongxin Niya and Huanle Jia experiencing significant declines [12][13]

支撑构建这些"数字员工"的，则是探迹科技自研的企业级大模型智能体平台"太擎"与数据云底座"旷 湖"。"太擎"平台融合了基于高质量数据与行业知识训练的专家级大模型，以及连接、知识、报表、问 答等能力引擎，让开发者能够像搭积木一样，快速构建精通业务、能直接调用实时数据行动的"数字员 工"。"旷湖"数据云底座，基于"湖仓一体"架构，实现了海量多维度商业数据的实施汇聚、治理与共 享；同时，通过内置MCP（Model Context Protocol）智能数据访问层，从根本上解决了大模型安全、高 效调用实时业务数据的关键难题，成为能够直接喂养和驱动大模型的"高质量实时数据源"。 目前，探迹科技已构建起强大的AI服务能力，从辅助工具升级为生产力变革的核心驱动力，并实现了 从技术研发到商业落地的完整闭环。站在AI应用爆发的关键元年，探迹表示，公司将持续深耕大模型 智能体创新，不断拓展AI能力应用边界，释放更大的新质生产力价值。 2月6日，真爱美家（003041.SZ）公告披露，公司近日已收到《深圳证券交易所上市公司股份协议转让 确认书》（深证协〔2026〕21 号）， 深圳证券交易所已完成对本次协议转让股权相关材料的合规确 ...

【导读】A股上演"奇迹日"，三大指数集体翻红；化工、电力板块盘中拉升，医药股活跃；白酒股集体回调 来看详情—— 基础化工板块走强 电力设备盘中拉升 2月6日上午，基础化工板块率先走强，氟化工、磷化工、化学纤维等方向集体大涨。 个股方面，金牛化工（600722）直线拉涨停，沧州大化（600230）、百合花（603823）、闰土股份（002440）等多股纷纷涨停，江天化学 （300927）、双乐股份（301036）涨超10%。 | 序号 代码 | | 名称 | 现价 | 涨跌 | 涨跌幅 ▼ | | --- | --- | --- | --- | --- | --- | | 1 | 300927 | 江天化学 | 37.62 | 4.77 | 14.52% | | 2 | 301036 | 双乐股份 | 37.33 | 3.72 | 11.07% | | 3 | 600722 | 金牛化工 | 8.64 | 0.79 | 10.06% | | 4 | 600230 | 沧州大化 | 21.63 | 1.97 | 10.02% | | 5 | 603823 | 百合花 | 18.48 | 1.68 | 10.00% ...

2025年是当之无愧的"固收+"大年。随着公募基金四季报披露完毕，数据显示，截至2025年末全市场"固 收+"规模突破2.66万亿元，其中最具代表性的混合型二级债基规模达1.56万亿元，较2024年末的6886亿 元，近一年规模增长达127%，呈现快速增长态势。 规模大幅增长的背后，是"固收+"多元化发展趋势下，各基金管理人以更全面的产品线、更丰富的投资 策略、更多元的资产覆盖、更深厚的投研团队，最终反映在产品端迭创新高的净值和客户端的收益体 验。 这其中，招商基金作为行业"固收+"先行者，近年来在"固收+"的资产端不断发力，坚持追求长期、稳 定、较好业绩导向，着力推进多资产多策略投研体系建设，强化资产配置、转债、REITs等领域研究， 力争有效管理回撤和收益波动，追求为投资者持续创造绝对收益。 2011年起发行第一只保本基金，采用CPPI策略，这是一种动态调整投资组合中风险资产与保本资产的 比例、以兼顾保本与增值目标的保本策略，虽然如今保本基金已退出历史舞台，但多策略的投资经验得 以沉淀。 系统化的探索始于2016年，招商瑞庆灵活配置混合型基金作为第一只"瑞系列"产品，开启主动风险预算 管理的先河，并由此开 ...

Core Viewpoint - The "30 Billion Free Order" campaign by Qianwen App launched on February 6, aiming to invite users to experience AI in daily consumption, despite facing initial server issues and restrictions from WeChat [1][4][5]. Group 1: Campaign Details - The campaign allows users to order milk tea for free using a 25 yuan no-threshold coupon, available from February 6 to February 12, with over 1 million orders placed within the first three hours [1][12]. - Users can earn additional 25 yuan coupons by inviting friends to download the app, with a maximum of 21 coupons per person, potentially totaling 525 yuan [12]. - The second phase of the campaign will start on February 13, offering cash red envelopes with a maximum value of 2888 yuan [12]. Group 2: User Experience and Technical Issues - Users reported server lag during the initial launch, with messages indicating high traffic and the need to wait [4]. - WeChat blocked the sharing links for the campaign, requiring users to copy a code instead of sharing directly [5][9]. Group 3: Strategic Implications - The campaign represents the largest investment in a Spring Festival activity by Alibaba, with 30 billion yuan allocated to attract users and shift their consumption habits towards the Qianwen App [12][13]. - The initiative aims to simplify the shopping experience by allowing users to express their needs directly to the AI, potentially revolutionizing consumer behavior in the AI shopping era [13].

【导读】第一创业董事会选举郭川为公司新任董事长 中国基金报记者 刘明 空缺半年后，第一创业证券新任董事长正式落定，其第一大股东北京国管的总经理郭川，当选第一创业 证券新一任董事长。 2月5日晚间，第一创业披露，公司召开第五届董事会第八次会议，审议通过《关于选举第五届董事会董 事长的议案》，同意选举郭川先生为公司第五届董事会董事长，其任期自董事会审议通过之日起至第五 届董事会届满之日止。 第一创业还表示，根据规定，郭川同时担任董事会战略与可持续发展委员会主任委员，并担任公司法定 代表人，公司将按照规定尽快完成相关工商登记变更手续。 校对：纪元 制作：小茉 审核：陈墨 郭川的简历显示，他来自第一创业的第一大股东北京国管，是北京国管的总经理，1968年4月出生，是 对外经济贸易大学高级管理人员工商管理硕士，具有律师资格。 郭川于1991年7月至1997年8月在北京北辰实业集团公司任职，1997年8月至2024年1月历任北京北辰实业 股份有限公司董事会秘书处主任科员、副主任、主任、法律事务部部长、董事会秘书、总法律顾问、董 事、副总经理，其间于2015年12月至2016年12月任北京市人民政府国有资产监督管理委员会研 ...

【导读】第一创业董事会选举郭川为公司新任董事长 中国基金报记者刘明 空缺半年后，第一创业证券新任董事长正式落定，其第一大股东北京国管的总经理郭川，当选第一创业证券新一任董事长。 2月5日晚间，第一创业披露，公司召开第五届董事会第八次会议，审议通过《关于选举第五届董事会董事长的议案》，同意选举郭川先 生为公司第五届董事会董事长，其任期自董事会审议通过之日起至第五届董事会届满之日止。 第一创业还表示，根据规定，郭川同时担任董事会战略与可持续发展委员会主任委员，并担任公司法定代表人，公司将按照规定尽快完 成相关工商登记变更手续。 郭川的简历显示，他来自第一创业的第一大股东北京国管，是北京国管的总经理，1968年4月出生，是对外经济贸易大学高级管理人员工 商管理硕士，具有律师资格。 郭川于1991年7月至1997年8月在北京北辰实业集团公司任职，1997年8月至2024年1月历任北京北辰实业股份有限公司董事会秘书处主任 科员、副主任、主任、法律事务部部长、董事会秘书、总法律顾问、董事、副总经理，其间于2015年12月至2016年12月任北京市人民政 府国有资产监督管理委员会研究室主任（挂职），2024年1月至今任北京 ...

Core Insights - Shenzhen has reached 600 listed companies with a total market capitalization exceeding 19 trillion yuan, showcasing its commitment to innovation and high-quality development [1] - The number of Shenzhen's domestic listed companies has grown by 35.03% during the 14th Five-Year Plan period, with a total market value of 12.59 trillion yuan as of October 2025, accounting for over 10% of the total market value of A-share listed companies [2] - Shenzhen's listed companies are leading in technological innovation, with over half of the companies on the ChiNext and Sci-Tech Innovation Board focusing on high-tech sectors [3] Group 1: Company Growth and Performance - Shenzhen's listed companies contributed over 20 billion yuan in taxes in the last five years and over 35 billion yuan in the last decade, supporting regional employment with over 4 million employees [2] - In the first three quarters of 2025, Shenzhen's listed companies achieved a total revenue of 5.20 trillion yuan and a net profit of 457.8 billion yuan, with revenue growth of 7.36% and net profit growth of 3.98%, surpassing the national average [2] - There are 20 companies in Shenzhen with a market value exceeding 100 billion yuan, with 8 of them forecasting positive earnings for 2025, totaling an expected profit of 253.9 billion yuan [2] Group 2: Technological Innovation - Shenzhen's listed companies are focusing on technological innovation, with 216 companies on the ChiNext and Sci-Tech Innovation Board, representing over half of the total, the highest among major cities in China [3] - The R&D intensity of 162 strategic emerging industry companies in Shenzhen is as high as 7%, with BYD leading with over 54 billion yuan in R&D investment [3] - Notable advancements include Hanon Medical's development of China's first ECMO system, which received EU MDR certification, and the successful R&D of key components for humanoid robots by Huichuan Technology [3][4] Group 3: Capital Market Innovations - Shenzhen companies are leveraging capital market innovations, with several becoming the first in their respective fields to list, such as Beixin Life, the first medical device company under the new Sci-Tech Innovation Board standards [6] - The city has seen a rise in "first stocks" in niche markets, contributing fresh capital to the market while meeting their financing needs [6] - Upcoming listings include Yingstone Innovation, expected to be the first global smart imaging company, and Youbixuan, a humanoid robot company, indicating a strong pipeline of innovative firms [6][7] Group 4: Future Prospects - Shenzhen has cultivated a robust pipeline of quality tech companies poised for future listings, with high-tech products like drones and 3D printers showing significant export growth [8][9] - The export of high-tech products from Shenzhen is projected to grow by 10.1% in 2025, driven by innovative products from companies like DJI and others [9]

Core Viewpoint - The cryptocurrency market has experienced a significant downturn, with major cryptocurrencies collectively plummeting, leading to over 580,000 liquidations and a total liquidation amount of approximately $2.665 billion [1][3]. Group 1: Market Performance - Bitcoin's price dropped to around $60,000 before recovering to approximately $64,000, marking a significant volatility in the market [1]. - In the last 24 hours, major cryptocurrencies such as Bitcoin, Ethereum, Dogecoin, and Cardano saw declines exceeding 10% [7]. - The "Fear & Greed Index" is at 10, indicating an "extreme fear" state in the market [4]. Group 2: Liquidation Data - A total of 586,219 individuals were liquidated in the past 24 hours, with long positions accounting for $2.314 billion and short positions for $351 million [3][4]. - Liquidation amounts over different time frames include $556 million in one hour, $817 million in four hours, and $2.127 billion in twelve hours [4]. Group 3: Company Impact - Strategy Inc. reported a net loss of $12.4 billion in Q4, primarily due to the decline in the market value of its substantial Bitcoin holdings [9]. - The company's stock fell over 17% on February 5, reflecting the adverse effects of the market downturn on its financial performance [9]. Group 4: ETF and Investor Sentiment - Over $740 million flowed out of more than 140 cryptocurrency-themed ETFs in a single day, with nearly $4 billion in net outflows over the past three months [10]. - The average cost for holders of U.S. spot Bitcoin ETFs is approximately $84,100, indicating that many investors are currently facing unrealized losses [10]. Group 5: Expert Opinions - Michael Novogratz, CEO of Galaxy Digital, noted a shift in market sentiment, with the previous strong belief in holding Bitcoin diminishing, leading to increased selling [11]. - Michael Burry warned that the price drop could trigger a self-reinforcing "death spiral," causing lasting damage to companies that accumulated Bitcoin over the past year [11]. - Alex Thorn from Galaxy Digital predicted that Bitcoin's downward trend may accelerate, potentially pushing prices below $60,000 due to a lack of recent catalysts and its failure to act as a hedge against currency devaluation [11].

【导读】韩国市场暴跌超5% 一起来看下日韩股市的最新情况。 他在这次会议上表示："我们能够创造更多流动性的方式只有两种：一是让更多的本地市场参与者通过有效的融资手段投资于本地市场，二是想办法吸引 外国投资者的资金。" "逐步延长交易时间是必要的，这样才能从海外引入资金流动性。"郑恩博表示，将韩国股市纳入MSCI指数的工作也将展开，其中包括对在KOSPI上市的 公司提前实施以英语为主的监管文件要求。 日本股市同样走低，日经225指数跌1.34%，最新报53098.74点。 黄金、白银再度跳水 2月6日，韩国综合指数开盘大跌超5%。韩国交易所因韩国KOSPI 200指数期货下跌5%，触发程序化交易暂停机制，程序化交易暂停5分钟。 个股方面，三星电子、SK海力士追随隔夜美股跌势，开盘大跌。 韩国交易所（KRX）主席郑恩博周四表示，韩国基准股票指数有望突破6000点大关，并誓言将努力推动股市发展，包括将交易时间延长至24小时。 郑恩博在该交易所今年的首次新闻发布会上表示："与全球其他市场相比，我认为我们的市场有潜力达到至少6000点的水平。我相信要实现这一目标不会 有任何重大问题。"他所指的是基准的韩国综合股价指数（ ...