Core Viewpoint - The A-share market showed mixed performance with the Shanghai Composite Index rising over 1% in early trading, indicating positive investor sentiment despite some sector declines [1]. Market Performance - The Shanghai Composite Index closed at 4069.38 points, up 1.14% - The Shenzhen Component Index closed at 13940.24 points, up 0.81% - The ChiNext Index closed at 3293.18 points, down 0.04% [1]. Sector Performance Top Performing Sectors - Insurance sector increased by 4.91% with a total trading volume of 292.22 million hands and a net inflow of 15.55 billion - Small metals sector rose by 4.67% with a trading volume of 954.96 million hands and a net inflow of 37.26 billion - Energy metals sector gained 3.72% with a trading volume of 384.15 million hands and a net inflow of 18.67 billion [2]. Underperforming Sectors - Communication equipment sector decreased by 0.68% with a trading volume of 1889.06 million hands and a net outflow of 77.51 billion - Components sector fell by 0.65% with a trading volume of 929.90 million hands and a net outflow of 31.50 billion - Beauty care sector declined by 0.25% with a trading volume of 157.47 million hands and a net outflow of 0.42 billion [2].

易方达恒生港股通创新药ETF、易方达恒生港股通创新药ETF联接发起式C、易方达恒生港股通创新药ETF联接发起式A、易方 达恒生生物科技ETF、易方达中证港股通医药卫生综合ETF联接发起式C、易方达中证港股通医药卫生综合ETF联接发起式A由基金 经理成曦管理。 易方达医疗保健行业混合C、易方达医疗保健行业混合A、易方达全球医药行业混合(QDII)C(人民币份额)、易方达全球医药行 业混合(QDII)A(人民币份额)、易方达全球医药行业混合(QDII)C(美元现汇份额)、易方达全球医药行业混合(QDII)A(美元现汇份额) 由基金经理杨桢霄管理。 中国经济网北京1月6日讯 根据同花顺数据显示，在2025年12月份有可比业绩的1054只（各份额分开计算，下同）普通股票型 基金中有298只基金净值下跌；全市场8755只有可比业绩的混合型基金中有1897只基金净值下跌；全市场692只有可比业绩的QDII 基金中有453只基金净值下跌。 其中，易方达旗下15只基金跌超8%，分别为易方达恒生港股通创新药ETF、易方达医药生物股票C、易方达医药生物股票A、 易方达恒生港股通创新药ETF联接发起式C、易方达恒生港股通创新药ET ...

中国经济网北京1月6日讯根据同花顺（300033）数据显示，在2025年12月份有可比业绩的1054只(各份额分开计算，下同)普通股票型基 金中有298只基金净值下跌；全市场8755只有可比业绩的混合型基金中有1897只基金净值下跌。 其中，工银瑞信旗下3只基金跌超8%，分别为工银国证港股通创新药ETF、工银成长精选混合C、工银成长精选混合A，2025年12月的跌 幅分别为12.66%、9.62%、9.57%。 工银国证港股通创新药ETF由基金经理刘伟琳、焦文龙共同管理，工银成长精选混合A/C由基金经理赵蓓管理。截至去年三季度末，工 银国证港股通创新药ETF的规模为47.51亿元，工银成长精选混合A/C的规模为14.44亿元。 | 代码 | 名称 | 复权单位净 累计元 | | 规模 亿元 基金成立日 投资类型 | 投资类型 | 县余经理 | 真舍经理最 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | 值增长率% | | | 一级分 (二级分 | (现任) | 大年限 | | | | | | | 图 대 | | | | 159217. SZ ...

中国经济网北京1月6日讯风语筑（603466）(603466.SH)昨日晚间发布股东减持股份结果公告称，2025 年9月27日，公司披露了《上海风语筑文化科技股份有限公司股东减持股份计划公告》。2025年11月19 日至2026年1月5日，辛浩鹰通过大宗交易方式减持了11,895,720股，约占公司总股本的2.00%；通过集 中竞价方式减持了5,947,600股，约占公司总股本的1.00%，减持价格区间为8.34至10.52元/股，减持总金 额为163,115,755.94元。本次减持已完成。 据新浪财经，辛浩鹰最初持股4905万股，占总股本的34.06%。辛浩鹰从2021年6月28日起，第一次减持 风语筑股份，截至2024年9月27日，累计减持公司股票6568.9万股，累计套现约9.92亿元。 | 股东名称 | 辛浩鹰 | | --- | --- | | 减持计划首次披露日期 | 2025年9月27日 | | 减持数量 | 17,843,320股 | | 减持期间 | 2025年11月19日~2026年1月5日 | | 减持方式及对应减持数量 | 大宗交易减持,11,895,720 股 | | | 集中竞价 ...

| ਕਿ ਬੇ | 项目名称 | 投资总额 | 拟以募集资金投入额 | | --- | --- | --- | --- | | | 新能源智能制造柔性电连接系统项目 | 118.420.49 | 90,000.00 | | 2 | 补充流动资金 | 30,000.00 | 30,000.00 | | | 合计 | 148,420.49 | 120,000.00 | 2024年11月22日，壹连科技在深交所创业板上市。壹连科技在深交所创业板发行1,633.00万股，占发行 后总股本的比例约为25.01%，此次发行全部为新股发行，原股东不公开发售股份，发行价格为72.99元/ 股。壹连科技发行的保荐机构为招商证券股份有限公司，保荐代表人为黄文雯、楼剑。 上市当日，壹连科技最高报240.00元，为该股截至目前的股价最高峰。 中国经济网北京1月6日讯壹连科技（301631）(301631.SZ)昨晚披露的向不特定对象发行可转换公司债 券预案显示，本次向不特定对象发行可转换公司债券募集资金总额预计不超过120,000.00万元(含本 数)，扣除发行费用后的募集资金净额拟投资于以下项目：新能源智能制造柔性电连接系统项目和 ...

中国经济网北京1月6日讯恒实科技（300513）(300513.SZ)昨晚披露了关于控股股东、实际控制人签署 《合作框架协议书》《一致行动协议书》《股票质押合同》暨控制权发生变更的提示性公告。 恒实科技2023年3月14日披露的2022年度向特定对象发行股票预案(修订稿)显示，本次发行募集资金总 额为67,108.00万元(含发行费用)，扣除发行费用后募集资金净额拟用于"能源聚合商运营管控技术支撑 平台、虚拟电厂交易运营技术支撑平台、碳排放大数据管理运营技术支撑平台、补充流动资金及偿还银 行贷款"。 据恒实科技公告，公司控股股东、实际控制人钱苏晋、张小红于2026年1月5日与持公司股份1.32%的股 东新基信息技术集团股份有限公司(以下简称"新基集团")签署了《合作框架协议书》《一致行动协议 书》《股票质押合同》。基于战略合作，钱苏晋、张小红与新基集团约定保持一致行动关系。双方均同 意在具备法定转让条件后，由钱苏晋、张小红通过协议转让方式向新基集团转让当前所持恒实科技股 票，且转让股票比例不低于恒实科技当前总股本的5%。同时，钱苏晋、张小红拟将其持有的可供质押 的13,799,377股股份质押给新基集团。 截 ...

Core Insights - The Dandong-Dalian Rapid Railway marks its 10th anniversary, having operated nearly 71,000 passenger trains and transported around 40 million passengers, significantly enhancing connectivity and economic development in the Liaodong Peninsula [1][2]. Group 1: Economic Impact - The railway serves as a vital economic corridor, linking key industrial platforms such as Dalian Jinpu New Area, Zhuanghe Port Economic Zone, and Dandong New Area, facilitating the flow of capital, technology, and management expertise [2]. - It has reduced transportation costs and improved delivery times for fresh products like seafood and fruits from Dalian to Dandong and the northeastern region [2]. Group 2: Service Enhancements - Over the past decade, the railway has focused on passenger-centered service upgrades, introducing various service brands and initiatives such as the "Silver Hair Passage" for elderly travelers and multilingual services for foreign passengers [3]. - The railway has also become a cultural ambassador, promoting local tourism and cultural exchanges between Dalian and Dandong, enhancing the travel experience [3]. Group 3: Future Prospects - The railway is expected to continue its role as a "coastal artery," providing high-quality services and efficient operations, contributing to the economic revitalization of Northeast China [3].

Core Insights - The railway sector in China achieved remarkable milestones in 2025, with passenger volume reaching 4.255 billion and a single-day peak of over 23 million, both setting historical records [1] - The transformation of the railway service is evident, shifting from merely meeting basic travel needs to providing a quality travel experience [1] Group 1: Service Improvements - The railway service is evolving towards a more refined and differentiated approach, with 2,485 tourist trains operated throughout the year, marking a 33.6% increase year-on-year [2] - Initiatives such as electronic tickets, convenient transfers at stations, and internet meal ordering have turned "smart travel" from a concept into a daily experience [2] - The railway department offers ticket discounts for children, students, and disabled military personnel, along with loyalty incentives for frequent travelers aged 60 and above, reflecting a strong sense of humanistic care [2] Group 2: Infrastructure and Development - China has established the most modern railway network globally, with the "eight vertical and eight horizontal" high-speed rail framework becoming increasingly complete [3] - The enhancement of service quality is as crucial as hardware development, as the transition from a "transportation power" to a "transportation strong nation" requires not only a denser network and faster speeds but also superior service and warmth [3] - The railway sector's product innovation and service optimization aim to ensure that the benefits of rapid development are shared by all citizens, embodying the principle of "development for the people" [3] Group 3: Future Outlook - As public demand for travel quality continues to rise, there remains significant potential for innovation in railway services [3] - The expectation is for Chinese railways to maintain their speed advantage while continuously improving service details in terms of convenience, comfort, and personalization [3] - The goal is to support high-quality economic and social development while enhancing the quality of life for the people [3]

Core Viewpoint - The controlling shareholder of Baichuan Energy, Baichuan Asset Management Co., Ltd., plans to reduce its stake in the company due to funding needs, with a maximum reduction of 40,225,644 shares, representing 3% of the total share capital [1] Group 1: Shareholding Details - Baichuan Asset Management currently holds 474,273,984 shares, accounting for 35.37% of the total share capital [1] - Together with its concerted parties, Baichuan Asset Management holds a total of 694,423,644 shares, which is 51.79% of the total share capital, all of which are tradable shares without restrictions [1] Group 2: Reduction Plan - The reduction plan includes selling up to 13,408,548 shares through centralized bidding and up to 26,817,096 shares through block trading [1] - Based on the closing price of 4.37 yuan on January 5, the estimated cash amount from this reduction is approximately 176 million yuan [1] Group 3: Historical Reduction - Since the first reduction on November 13, 2024, Baichuan Asset Management has cumulatively reduced its holdings by 38,334.5 thousand shares, realizing approximately 13.84 million yuan [2]

Core Viewpoint - ST Yifei (688646.SH) announced a share reduction plan by its shareholder, Guangzhou Yipo New Energy Industry Investment Management Co., Ltd., due to funding needs, intending to reduce up to 1,458,422 shares, representing 1.53% of the total share capital [1] Group 1: Share Reduction Plan - The shareholder plans to reduce shares through centralized bidding and block trading, with the reduction period starting 15 trading days after the announcement for centralized bidding and 3 trading days after for block trading [1] - As of the announcement date, Yipo New Energy holds 1,458,422 shares, which were acquired before the company's initial public offering and will be tradable from July 29, 2024 [1] Group 2: Financial Implications - Based on the closing price of ST Yifei at 35.87 yuan on January 5, the estimated cash amount from this reduction is approximately 52.31 million yuan [1] - Yipo New Energy initially held 5.2382 million shares, representing 5.50% of the total share capital, and has cumulatively reduced 3.7798 million shares since October 9, 2024, realizing approximately 121 million yuan in cash [1][2] Group 3: Initial Public Offering Details - ST Yifei raised a total of 1.113 billion yuan in its initial public offering, with a net amount of 992.1 million yuan, exceeding the original plan by 52.48 million yuan [3] - The funds raised are intended for projects including the third phase of the Yifei Laser Lithium Battery Laser Intelligent Manufacturing Equipment project and the construction of a precision laser welding and intelligent equipment research center [3] - The total issuance costs for the public offering amounted to 121.31 million yuan, with underwriting fees constituting a significant portion [3]