Core Viewpoint - The company actively integrates into the regional economic development by focusing on local特色产业, such as tea and coffee, providing innovative insurance services to support the growth of local brands like "Baoshan Tea" and "Baoshan Small Coffee" [1][2]. Group 1: Tea Industry Support - The company has extended its insurance services to tea gardens, successfully winning a pilot project for "Tengchong Green Organic Tea Comprehensive Income Insurance," covering 5,640 acres with a total risk protection amount exceeding 63.56 million yuan [1]. - This innovative insurance product covers both natural disaster risks and market volatility, creating a robust risk prevention network for tea farmers and enterprises [1]. - As of now, the project has paid out over 1.58 million yuan in claims and invested 156,800 yuan in disaster prevention, effectively stabilizing farmers' expectations and enhancing the brand reputation and market competitiveness of Baoshan organic tea [1]. Group 2: Coffee Industry Support - The company has established a comprehensive service system for the rapidly growing Baoshan small coffee industry, focusing on safety for individuals involved in the coffee supply chain [2]. - It has provided risk protection exceeding 500 million yuan through tailored group accident insurance and employer liability insurance for coffee industry enterprises [2]. - The company has supported various promotional activities, providing public liability insurance and personal accident insurance with a total coverage of 260 million yuan, ensuring that cultural dissemination and experiential activities proceed without concerns [2]. Group 3: Financial Innovation - The company is expanding beyond traditional insurance by developing "insurance + credit" comprehensive financial services, collaborating with Guangfa Bank to provide strategic support to key coffee enterprises [2]. - This partnership has successfully secured a total of 13 million yuan in bank credit support for companies like Baoshan Zhongka and Biton Coffee, addressing the financing challenges faced by agricultural enterprises, especially small and micro businesses [2]. - The model creates a positive cycle of "insurance enhancing credit and credit promoting production," injecting strong financial vitality into the entire coffee industry chain [2]. Group 4: Future Plans - The company plans to continue extending its services along the local特色产业 chain, accurately allocating financial insurance resources to key nodes in the development of特色产业, thereby injecting lasting momentum into rural revitalization and agricultural modernization [3].

转自：新华财经 近日，中国人寿财产保险股份有限公司云南省分公司成功办理首单跨境船舶保险及货运保险，为云南港 投澜沧江开发有限公司由西双版纳至老挝琅勃拉邦港的跨境船舶及货物提供1040万元风险保障。 未来，公司将为澜湄流域航线提供总额超过3.5亿元的风险保障，覆盖船舶、船东、船员责任及货物运 输等多重风险，为澜湄流域航运安全与贸易畅通构筑坚实金融屏障，让更多满载希望和友谊的跨境航船 乘风破浪、扬帆远航。（黄有福，尹力，薛莹莹） 编辑：赵鼎 澜沧江—湄公河作为连接中国与东南亚的"黄金水道"，是"一带一路"倡议在中南半岛的核心联通载体。 随着澜沧江四级航道升级，国际航运日益活跃，但船舶航行中的各种风险也在增大。中国人寿财险云南 分公司跨境航运保险项目精准对接西双版纳至琅勃拉邦港的跨境航运需求，着力防范船舶航行中的碰 撞、搁浅及货损风险，着力解决跨境航运事故责任认定难、保险赔付流程复杂等痛点，实现"一次投 保、全程护航"的保险服务闭环。 中国人寿财险云南省分公司有关负责人表示，公司在西双版纳成功开拓澜湄流域跨境航运保险项目，不 仅完善了澜湄流域航运金融服务体系，更以保险机制为纽带，强化了中老两国互联互通的风险抵御能 ...

Core Viewpoint - The completion of the TieKe Expressway section from Fangzheng to Yanshou marks a significant infrastructure development in Heilongjiang Province, enhancing regional connectivity and economic growth opportunities [1][7]. Group 1: Project Overview - The TieKe Expressway section from Fangzheng to Yanshou officially opened on January 9, 2026, six months ahead of schedule [1]. - The project spans 76.989 kilometers, featuring a dual four-lane design with a speed limit of 100 km/h and a total investment of 5.6195 billion yuan [6]. - The expressway connects with the existing HaTong Expressway and the previously completed TieKe Expressway section, creating a major transportation artery in southeastern Heilongjiang [7]. Group 2: Economic and Cultural Impact - The opening of the expressway is expected to transform the local economy by improving transportation access, thereby facilitating the movement of agricultural products and tourism resources [7]. - Local officials emphasize leveraging the region's cultural and ecological advantages to develop green food production, health industries, and tourism, aiming to establish Yanshou as a wellness destination [3]. - The project is seen as a catalyst for regional development, aligning with national poverty alleviation policies and enhancing the overall economic landscape of Heilongjiang [1][3]. Group 3: Construction and Technological Aspects - The construction was executed by China Railway Construction Investment Heilongjiang Highway Co., which emphasized quality and efficiency, achieving early completion through advanced construction technologies [5][6]. - Innovative technologies such as intelligent welding robots and smart road monitoring systems were utilized to ensure safety and quality during construction [6]. - The project reflects the commitment of central enterprises to contribute to high-quality economic development in the region [5].

Group 1 - Public fund institutions accelerated their research activities in early 2026, with 141 institutions participating in A-share research, covering 111 stocks across 24 industries, totaling 673 research instances, significantly higher than the usual weekly level [1][3] - Chaojie Co., Ltd. received the highest attention with 48 research instances from 43 public fund institutions, and 5 institutions conducted follow-up research. The company focuses on precision fasteners for the automotive industry and is also involved in aerospace and electronics [1][2] - Aipeng Medical was the second most researched stock with 41 instances, focusing on pain management and innovative fields like brain-machine interfaces, providing smart medical devices and solutions [1][2] Group 2 - The computer industry had two companies in the top ten for research instances: Entropy Technology with 28 instances and Dineike with 17 instances. Entropy focuses on smart spaces and digital identity authentication, while Dineike specializes in smart community and hospital solutions [2][3] - The pharmaceutical and biological sector had the highest research instances at 89, covering 8 stocks, while the machinery and electronics sectors had 17 stocks each, with research instances of 85 and 62 respectively [3][4] - Other notable companies in the top ten for research instances included Guanglian Aviation (38), Zhejiang Mining (21), Hengyi Petrochemical (21), Shunhao Co., Ltd. (19), Caizhi Co., Ltd. (18), and Yiwang Yichuang (17) [3][4]

Market Performance - The STAR Market indices opened significantly higher on January 12, with the STAR Composite Index closing at 1855.38 points, up 2.88%, and the STAR 50 Index closing at 1511.84 points, up 2.43% [1] - The total trading volume for the STAR Market reached approximately 381.8 billion yuan, with the STAR 50 Index contributing around 106.6 billion yuan [1] Historical Context - The closing level of the STAR Composite Index on January 12, 2026, surpassed its previous closing level of 1809.82 points on July 13, 2020, marking a historical high [1] Stock Performance - On January 12, 447 stocks on the STAR Market rose, accounting for 74.5% of the total, with 17 stocks, including Puyuan Information and Xinke Mobile, hitting the 20% daily limit up [1] - The average increase for 600 stocks on the STAR Market was 3.02%, with an average turnover rate of 5.14% and a total trading volume of approximately 381.76 billion yuan [1] Sector Analysis - Software service stocks performed well, with 9 stocks reaching the 20% limit up, while biopharmaceutical and chemical raw material stocks showed relative weakness [1] - The stock with the highest trading volume was Cambrian, at 14.379 billion yuan, while ST Pava had the lowest at 915.97 million yuan [2] Turnover Rate - The stock with the highest turnover rate was Bibet, at 27.07%, while Baili Tianheng had the lowest turnover rate at 0.23% [3]

北方国际干散货运价指数进一步下跌。煤炭及粮食市场运价延续弱势，金属矿石市场运价明显下跌，TBI延续下行态势并最终收于1041.26点，相比2025年12 月24日（2025年最后一个发布日）累计下跌3.55%。 沿海集装箱运价指数大幅下跌。虽然进港指数微幅上行后平稳，但是出港指数连续下跌，累计跌幅16.95%，其中，天津到华南方向跌幅尤为明显，天津至 广州航线运价指数收于887.42，累计跌幅22.17%。TDI最终收于1045.69点，相比2025年12月31日（2025年最后一个发布日）累计下跌8.72%。 天津航运指数由天津国际贸易与航运服务中心发布，发布时间为每个工作日，指数样本范围覆盖27条连接天津港、青岛港、曹妃甸港与世界港口的国际航 线，也包括天津港和中国主要港口的内贸海运航线。该指数以2010年7月16日为基期，基期指数为1000点。 编辑：吴郑思 新华财经天津1月12日电（记者李亭）记者从天津国际贸易与航运服务中心获悉，2026年第2周（1月5日-9日），中国北方内外贸海运价格的风向标——天津 航运指数短暂冲高后连续走低，最终收于1047.60点，相比2025年12月24日（2025年最后一 ...

Core Viewpoint - The bond market experienced significant adjustments under multiple negative pressures, while equity and commodity markets rose, with the Shanghai Composite Index surpassing 4100 points. Concerns regarding government bond issuance scale and duration were validated at the beginning of the year, and the central bank's bond purchase announcement fell short of expectations, exacerbating short-term selling pressure [1]. Market Review - From January 5 to January 9, 2026, the bond market saw fluctuations in yields across various maturities, with the 10-year government bond yield approaching 1.90% before stabilizing. The yield curve flattened overall, indicating a shift in market sentiment [2][3]. - On January 9, the yields for different maturities changed as follows: 1-year (-4.35 BP), 2-year (8.4 BP), 3-year (8.54 BP), 5-year (3.04 BP), 7-year (2.77 BP), 10-year (3.55 BP), 30-year (4.95 BP), and 50-year (5.5 BP) [2]. - The bond market faced supply concerns, with the 10-year government bond yield rising to 1.8615% on January 5 and reaching 1.8985% on January 7 before slightly declining [5]. Primary Market - A total of 58 bonds were issued last week, amounting to 763.234 billion yuan, including 6 government bonds (49.5 billion yuan), 26 policy bank bonds (150.57 billion yuan), and 26 local government bonds (117.664 billion yuan) [5]. - The upcoming week (January 12 to January 16, 2026) plans to issue 21 bonds totaling 270.201 billion yuan, including 2 government bonds (167 billion yuan) and 14 local government bonds (70.201 billion yuan) [5]. Economic Indicators - The consumer price index (CPI) for December 2025 rose by 0.2% month-on-month and 0.8% year-on-year, while the core CPI increased by 1.2% year-on-year. The producer price index (PPI) rose by 0.2% month-on-month but fell by 1.9% year-on-year [13]. - As of December 2025, China's foreign exchange reserves stood at 33,579 billion USD, an increase of 115 billion USD from the previous month, reflecting a 0.34% rise [14]. Institutional Perspectives - Financial institutions suggest that the probability of a unilateral rise in interest rates is low, with expectations for the bond market to stabilize after mid-January. Concerns remain regarding long-term bond supply and monetary easing [16]. - Analysts indicate that while there may be short-term adjustments in the market, the overall supply and funding variables remain unclear, necessitating cautious evaluation of downward interest rate potential [17].

Core Viewpoint - China Gold Group Jewelry Co., Ltd. (referred to as "China Gold Jewelry") has achieved significant progress in high-quality development during the 14th Five-Year Plan period by focusing on comprehensive industry chain construction, multi-channel system layout, and optimizing five major sales channels [1][2]. Group 1: High-Quality Development Strategies - During the 14th Five-Year Plan, China Gold Jewelry has established a comprehensive industry chain integrating design, processing, wholesale, retail, and repurchase services, enhancing its value creation capabilities [1]. - The company has implemented a multi-channel system combining online and offline, self-operated and authorized, traditional and innovative channels, successfully launching popular stores in Changsha and Wuhan [1]. - The optimization of five major sales channels has shown significant results, including the continuous upgrade of the franchise system and the establishment of a national e-commerce headquarters in Changsha [1][2]. Group 2: Reform and Governance - Since the 14th Five-Year Plan, China Gold Jewelry has focused on becoming an innovator and leader in the physical gold consumption and investment sector, achieving substantial results from mixed-ownership reform [2]. - The company has completed the three-year action plan for state-owned enterprise reform, enhancing board governance and managerial vitality [2]. - A comprehensive compliance governance system has been established, with a focus on legal compliance and risk control, ensuring effective management of compliance responsibilities [3][4]. Group 3: Challenges and Areas for Improvement - Despite achievements, China Gold Jewelry recognizes the need to strengthen its value creation capabilities in response to industry homogenization and rational consumer transitions [4]. - The effectiveness of lean management and governance needs improvement, particularly in integrating compliance systems with business scenarios [4]. - The company aims to enhance brand influence and accelerate internationalization to better align with the dual circulation strategy [4][5]. Group 4: Future Strategic Planning - China Gold Jewelry has outlined a strategic direction for the 15th Five-Year Plan, focusing on internationalization, technological advancement, and specialization to enhance governance modernization and production capacity [5][6]. - The company plans to balance growth in quantity and quality, upgrade traditional industries, and cultivate emerging industries to drive new momentum [6]. - A comprehensive risk prevention and control system will be established to support stable operations and high-quality development [6].

Core Viewpoint - The company has successfully transformed from a newcomer in the asset management industry to a trusted partner for clients, serving a total of 15 million customers over four years, while focusing on customer needs and building a robust wealth service network [1] Group 1: Product Development and Innovation - The company has launched the "Rixin Yueyi" 2.0 product system, enhancing its product offerings to meet diverse investor demands by optimizing asset allocation and introducing various investment strategies [2] - The company has seen significant growth in its "fixed income+" products, with a year-on-year increase of over 500% in the scale of rights-containing products, earning multiple industry awards for product performance [3] Group 2: Strategic Focus and Mission - The company's strategic positioning serves as a connector between resident wealth and the real economy, emphasizing responsibility and governance as core elements of its development path [4] - The company has initiated the "Three-Five Special Project" to deepen its focus on key areas such as technology finance, green finance, and inclusive finance, with a 30% growth in technology finance assets by the end of 2025 [4] Group 3: Green and Inclusive Finance - The company has integrated ESG principles into its investment practices, achieving nearly 20% growth in green finance-related assets, with bonds making up nearly 80% of this portfolio [6] - The company has doubled its inclusive finance assets, launching specialized cash management products for small and micro enterprises, and developed financial products for the elderly to address aging population challenges [6] Group 4: Digital Transformation and Research - The company has implemented a digital transformation strategy, launching the "Beijing Star Intelligent Research" platform to enhance investment research efficiency and risk control [7] - The company has received recognition for its digital transformation efforts, winning the "Pioneer" award in financial institution digital transformation [7] Group 5: Future Outlook - The company aims to continue expanding its service boundaries and deepen channel collaboration, striving to make wealth management accessible to more families and contribute to the integration of finance with the real economy [8]

转自：新华财经 【资讯导读】 •特朗普宣布进入国家紧急状态 •美国2025年12月非农就业新增5万人 失业率为4.4% •欧盟成员国投票通过欧盟-南共市自贸协定 •韩国将从7月开始实行24小时全天候外汇交易 •世界黄金协会：全球央行购金需求依然相对稳健 【市场资讯】 •据美国媒体最新报道，美国总统特朗普9日签署一项行政令，宣布进入国家紧急状态，旨在"保护"存放 在美国财政部账户中的委内瑞拉石油收入，以免"遭扣押或陷入司法程序"。 •美国总统特朗普呼吁将信用卡利率设定为期一年的上限10%，自1月20日起生效，但未说明具体细节。 根据纽约联储去年第三季度数据，美国人当前信用卡债务规模创历史新高，约为1.23万亿美元。 •美联储2026年1月降息预期彻底落空。美国2025年12月季调后非农就业人口增加5万人，低于市场预期 的6万人，11月数据下修8000人至增加5.6万人，10月则从减少10.5万人进一步下修至减少17.3万人；12 月失业率降至4.4%，低于预期的4.5%。数据公布后，市场预期美联储1月降息的可能性几乎为零。 •美国1月密歇根大学消费者信心指数初值54，创四个月新高，预期为升至53.5。消费者对未 ...