李在明坦言，上述限制措施与韩国推进加入《全面与进步跨太平洋伙伴关系协定》(CPTPP)的进程 紧密交织。为争取日方支持，日本水产品进口限制问题或将成为双方博弈的关键议题。 在13日中国外交部例行记者会上，针对日本电视台记者有关中方如何评论韩日领导人会谈的问题， 外交部发言人毛宁表示，这是韩国和日本之间的双边交往。 强调双方合作 访日前夕，李在明在接受日媒专访时表示"日韩两国合作领域广泛"。他指出，日韩双方"不乏竞 争，但互补合作的空间更为广阔，与其纠结于分歧，不如积极发掘彼此的共同利益"。"日韩两国在核心 价值与战略导向上高度契合，彼此是不可或缺的重要伙伴，理应在互补双赢中持续深化双边关系"。 针对福岛县等地日本水产品的进口管制问题，李在明明确将其定义为"需从长计议的长期课题"。他 直言，由于该事态深植于韩国国民的情感基础与信任关系，短时间内恐难出台突破性方案。 参考消息援引韩联社1月13日报道称，韩国总统李在明当天在日本奈良县同日本首相高市早苗举行 会谈。此次访问是李在明去年6月就任后第二次访日，也是李在明在结束访华行程之后时隔6天的再次出 访。 报道称，李在明在开场白中表示，韩日依然存在一段段未解的历史伤 ...

Core Viewpoint - The company announced a board meeting on January 14, 2026, to approve a guarantee of 82.8 million yuan for its associated subsidiary Beidou Zhili and its wholly-owned subsidiary Jiangsu Beidou [1] Group 1: Financial Details - The guarantee amount represents 1.62% of the company's audited net assets for the year 2024 [1] - Beidou Zhili and Jiangsu Beidou are seeking a bank credit line of 500 million yuan for business development [1] Group 2: Corporate Structure - Beidou Zhili holds 100% equity in Jiangsu Beidou, and the company indirectly holds 16.5568% equity in Beidou Zhili through Chongqing Beidou [1] Group 3: Guarantee Validity - The guarantee will be effective for 12 months from the date of approval at the first extraordinary shareholders' meeting in 2026 [1]

据美国方面1月12日消息，美国总统特朗普已听取关于应对伊朗局势的军事和隐蔽作战选项的简 报，这些选项"种类广泛"且"远超传统空袭"。 两名匿名美国国防部官员表示，战机空袭和远程导弹打击仍然是潜在军事行动的核心手段。与此同 时，针对伊朗的指挥架构、通信系统和国家媒体，国防部还准备了网络战和心理战方案。网络战和心理 战可以与传统的军事行动同时进行，也可以独立实施。 据悉，上述官员并未具体说明在获得特朗普授权后将把哪些伊朗数字基础设施列为目标，以及针对 伊朗国家媒体的心理战将如何进行。 另据其他消息人士表示，总统国家安全团队13日将在白宫举行会议，讨论"更新版本的"针对伊朗局 势的方案，不过尚不清楚特朗普是否出席。 特朗普13日在密歇根州迪尔伯恩接受哥伦比亚广播公司采访时说，他在伊朗的最终目标是"赢得胜 利"。 据伊朗新闻电视台报道，纳西尔扎德在与议会国家安全委员会会晤后强调，伊朗目前的战备水平远 比去年6月与美国和以色列爆发所谓的"12天战争"时要充分得多，并声称伊朗"准备了惊喜"，一旦发生 进一步的侵略，这些"惊喜"将"非常有效"。 这是伊朗政府对美国总统特朗普最新威胁的回应。 伊朗常驻联合国代表伊拉瓦尼13日 ...

慕尼黑再保险董事会成员康安新（Achim Kassow）表示，亚洲占全球自然灾害经济损失的近三分 之一，影响不容忽视。由于长期存在且显著的保险缺口，这些损失对该地区的影响比世界其他地区更为 深远。如何降低风险并扩大保险覆盖范围，使更多个人和企业获得保障，仍是亚洲应对气候变化影响面 临的最紧迫挑战之一。 慕尼黑再保险大中华区巨灾顾问刘敏表示，2025年，全球"非峰级灾害"持续演进，造成显著损失， 亚太地区亦面临复杂挑战。中国由于地形与气候条件多样，各地在不同季节会遭遇台风、洪涝、地震和 滑坡泥石流等多种自然灾害，经济损失也呈现多样化和区域性特征。健全的巨灾保险体系是社会提升灾 害应对能力、筑牢风险防范屏障的重要助力。 "随着市场不断发展，商业保险以及政府主导的巨灾保险在覆盖范围和保障深度方面仍有广阔空 间，未来将继续发挥其在风险管理中的关键作用。"刘敏指出，作为"社会韧性构建者"，慕尼黑再保险 将持续依托丰富的巨灾管理经验和广泛的全球业务网络，积极支持中国市场进一步提升巨灾风险管理能 力，共同构建更稳健、更具韧性的保险安全网。 1月14日，慕尼黑再保险发布2025年自然灾害损失报告（下称"报告"）。数据显示，2 ...

Core Viewpoint - China Academy of Sciences Shenyang Instrument Co., Ltd. (referred to as "Company") is preparing for its IPO on the Beijing Stock Exchange, with a review by the listing committee scheduled soon, and has shown growth in revenue despite a slight decline in gross margin [1][5]. Company Overview - The Company was established in 2001 and is a provider of core components for semiconductor manufacturing equipment and vacuum scientific instruments, controlled by China Academy of Sciences Holdings Co., Ltd. [2] - The Company specializes in dry vacuum pumps and vacuum scientific instruments, primarily serving the integrated circuit wafer manufacturing and photovoltaic battery sectors [2]. - The Company has three national-level R&D platforms and has received multiple national science and technology awards, establishing itself as a leader in vacuum technology and scientific instruments in China [2]. Market Position - The Company is the largest domestic manufacturer of dry vacuum pumps in the integrated circuit sector and the only one achieving mass application in advanced processes [3]. - Its products meet the production needs of advanced logic chips and 3D NAND storage, with successful applications in leading domestic wafer manufacturing companies [3]. IPO Details - The Company aims to raise 825 million yuan through the IPO, with funds allocated for industrialization of dry vacuum pumps, expansion of high-end semiconductor equipment, and R&D projects [4]. Financial Performance - Revenue for the Company during the reporting period (2022-2025) was 698 million yuan, 852 million yuan, 1.082 billion yuan, and 574 million yuan, indicating a growth trend [5]. - Net profit figures were 498 million yuan, 600 million yuan, 193 million yuan, and 138 million yuan, with significant fluctuations in net profit due to holdings in listed companies [5]. - The Company distributed a total of 240.5 million yuan in cash dividends over the reporting period, with specific distributions noted in 2023 and 2024 [6]. Gross Margin Analysis - The Company's gross margin showed a slight decline over the reporting period, with figures of 28.66%, 33.02%, 29.44%, and 28.15%, attributed to market competition and price reductions [5][6].

金融市场表现同步回暖。特拉维夫股市跑赢多数全球主要指数，主权风险溢价与信用违约互换（CDS）息差显著收窄，国债收益率 逐渐趋近同类评级经济体水平。谢克尔汇率在经历阶段性波动后，已向基本面回归，表明以色列央行及时推出的市场稳定措施成效显 著。 1月14日，记者从以色列经济与产业部获得的《以色列经济转折点：历经震荡、蓄势待发、展望新一年》报告显示，以色列经济目前 企稳复苏速度超越多数预期，正从复苏阶段稳步迈向新一轮增长。 该报告指出，目前，以色列科技研发投入强度稳居全球前列，风险资本募集水平已反弹，基本回升至与疫情前繁荣周期相当的水 平。以2024年为例，作为经济长期增长的核心驱动力，以色列高科技产业持续表现亮眼：贡献了该国约16%的GDP、57%的出口额、超 过40%的商业经济增长，并带动大量高附加值就业与财政税收。 整体而言，该国目前宏观经济基础扎实：就业市场活跃、产出超越长期趋势、通胀整体可控、公共债务持续下行。此前出现的经济 收缩主要源于劳动力短缺等供给端制约，而非需求疲软。 尤为关键的是，当前科技生态已超越早期的"暴涨暴跌"模式，产业结构更为多元与成熟，发展重点向具备稳定营收能力的后期企业 及前沿技术领 ...

在地缘政治持续紧张、产业政策与国家安全深度交织的背景下，外商投资审查正成为全球跨境交易 中最具不确定性的变量之一。 无论是美国CFIUS、欧盟外国补贴条例，还是各国不断扩容的国家安全审查框架，监管工具正在 从"例外手段"演变为"常态机制"。 杜宁表示，过去各国政府曾积极鼓励外资进入数据、基础设施、矿产、能源、先进技术等领域，但 如今，这些领域正因为国家安全因素而面临更为严格的审查。 杜宁指出，从全球范围看，外商直接投资（FDI）政策正在发生明显转向，不再仅仅聚焦市场准 入，而是更加关注投资在关键领域中能否带来"战略影响力"。这一趋势在美国、欧盟、英国等主要经济 体尤为明显，并在一定程度上也体现在亚洲部分司法辖区。 从制度层面看，审查范围正在不断扩大。英国正在讨论扩大《国家安全和投资法案》的覆盖领域， 欧盟层面也在评估将更多行业纳入审查框架。杜宁认为，数据、能源、关键材料、基础设施以及部分先 进技术，已成为当前审查重点，未来被纳入监管视野的行业类型仍可能继续增加。 在欧盟，《外国补贴监管条例》（FSR）已成为影响跨境交易的重要制度工具。杜宁指出，该制度 的目标在于维护公平竞争，通过防止欧盟以外国家的补贴形成不公 ...

Core Viewpoint - Debon Logistics has announced its voluntary delisting from the A-share market to address industry competition and enhance resource integration within the JD Logistics system [1][2]. Group 1: Company Announcement - Debon Logistics plans to withdraw its A-share listing to better coordinate resources within the JD Logistics framework and fulfill commitments made during the acquisition regarding competition [1]. - The company will provide cash options to all A-share shareholders, excluding JD Zhaofeng and its concerted parties, at a price of 19 yuan per share, which represents a 35.3% premium over the last closing price before suspension [2]. Group 2: Market Context and Analysis - The delisting price is significantly higher than the average premium of 2%-10% for voluntary delistings in the A-share market, indicating a strong commitment to shareholder value [2]. - Analysts suggest that maintaining Debon Logistics' listing status offers limited benefits, and delisting will allow for better integration of resources and strategic upgrades within the JD Logistics ecosystem [2][3]. Group 3: Industry Implications - The logistics industry lacks clear boundaries between express delivery, freight, and supply chain services, making it challenging to resolve competition issues through asset injections or other means [3]. - The current regulatory environment makes it difficult for JD Logistics to pursue A-share listing or asset injections, reinforcing the decision for Debon Logistics to voluntarily delist as the most viable solution [3]. Group 4: Future Outlook - After delisting, Debon Logistics asserts that its assets, personnel, and operations will remain unaffected, maintaining brand independence while enhancing service offerings through collaboration with JD Logistics [4]. - The company has no immediate plans for major asset restructuring or relisting, focusing instead on leveraging existing business strengths [4].

Core Insights - Weimob Group (2013.HK) has launched its self-developed Generative Engine Optimization (GEO) solution named "Weimob Star Initiation" to enhance brand visibility in the AI era [1][2] - The solution utilizes AI-driven technologies for comprehensive data monitoring, intelligent content generation, and distribution, creating a full-loop marketing strategy that captures user intent and improves brand exposure [1][2] - The shift from traditional search to AI-driven search is significant, with predictions indicating that by 2028, 50% of search engine traffic will be taken over by AI searches [1] Industry Context - As user search habits transition from traditional search engines to AI platforms, brands face a new traffic ecosystem and must enhance their presence in this dialogue-based information entry [2] - Weimob aims to leverage its strengths in SaaS and precision marketing to capitalize on opportunities in the AI-generated application ecosystem, marking a strategic move towards future traffic forms [2] - The launch of "Weimob Star Initiation" signifies a further enhancement of Weimob's "AI + Marketing" business layout, positioning the company strategically in the trillion-dollar brand marketing sector [2] Business Coverage - Currently, Weimob Star Initiation's services span multiple industries, including consumer goods, digital appliances, business services, and software applications [3]

Core Viewpoint - The rapid inflow of funds into the Debon Stable Growth Flexible Allocation Mixed Fund has led to the implementation of purchase limits to protect the interests of existing fund holders [1][4][5]. Group 1: Fund Performance and Market Reaction - On January 12, the Debon Stable Growth Fund was rumored to have attracted over 12 billion yuan in a single day, significantly boosting market sentiment [1][4]. - The fund focuses on "AI applications," and its performance has been bolstered by the booming AI sector, with a one-year return of 52.12% as of January 12, outperforming the CSI 300 Index [7]. - The fund's asset allocation is heavily weighted towards stocks, with a 70.29% concentration in its top ten holdings, indicating a high-risk profile [8]. Group 2: Fund Management and Strategy - The fund's management has adjusted the purchase limits for its A and C shares to 100,000 yuan and 10,000 yuan, respectively, effective January 14, to mitigate potential dilution of returns from large inflows [5][6]. - The fund's performance metrics are influenced by a relatively lenient benchmark, which includes a 50% weighting of the CSI 300 Index and a 50% weighting of the Zhongzheng Composite Bond Index [7][8]. Group 3: Company Background and Growth - Debon Fund, established in 2012, has seen its public fund management scale grow to 60.516 billion yuan as of the end of Q3 2025, a significant increase from previous years [3][9]. - The company is still considered a small fund manager in the industry, and the recent surge in fund size could help address its operational challenges [10].