12月24日，A股午后发力，指数、板块和个股普遍收高，超4000只个股飘红。机构"去弱留强"调仓，军工、电子板块 领涨，消费与周期板块承压。成交额微降至1.9万亿元。 受访人士表示，市场对跨年行情仍观望，多头共识尚待形成。若明日站稳3936点，春季行情或有望开启。投资者不宜 盲目追高，建议"成长为主、消费为辅"配置。 A股午后拉升 今日早盘指数窄幅震荡，午后震荡走高。最终沪指收涨0.53%报3940.95点，创业板指收涨0.77%报3229.58点，深证成 指收涨0.88%。科创50、沪深300、北证50微涨，上证50微跌。 今日成交额1.9万亿元，较前一个交易日缩量约242亿元。杠杆资金热度增加，沪深京两融余额增至2.53万亿元。 盘面上，商业航天、航空航天、电子设备制造、电子元件、被动元件、天基互联均大涨，但煤炭、畜牧业、猪肉概念 领跌。 | 名称 | . | **** | 涨停家数 | 跌停家数 | 成交额 | 年初至今涨幅% | 5日涨幅% | | --- | --- | --- | --- | --- | --- | --- | --- | | 国防军工(中万) | | 2.88 | 7 | 0 | ...

Core Viewpoint - Hangzhou Yundongchu Technology Co., Ltd. has completed its IPO counseling registration with the Zhejiang Securities Regulatory Bureau, with CITIC Securities as the counseling institution [1] Company Overview - Yundongchu was established in November 2017, focusing on the research, production, sales, and service of quadruped robots, humanoid robots, and core components [4] - The company has developed products such as the quadruped robot "Jueying" series, wheeled robot "Shanmao," and humanoid robots "DR01" and "DR02" [4] - The founding team originates from Zhejiang University, with founder Zhu Qiuguo holding a direct stake of 16.39% and indirect control of 10.74%, totaling 32.60% control with his co-shareholder Li Chao [4] Financing and Investment - Since its angel round investment in 2018, Yundongchu has accelerated its financing pace, completing a nearly 500 million yuan Series C round in July 2023 [4] - The Series C round was led by China Merchants International and Huaxia Fund, with participation from strategic investors like China Telecom and China Unicom, as well as follow-on investments from existing shareholders [4] Commercialization and Growth - Zhu Qiuguo has indicated that Yundongchu's revenue is expected to grow by over 100% in 2024 compared to 2023 [4] - The company aims to achieve a robot shipment volume of 10,000 units by 2025 and has already entered markets in the Asia-Pacific, Middle East, and Europe and the United States [4] IPO Progress - Yundongchu is the third company among the "Hangzhou Six Little Dragons" to initiate the IPO counseling process, following Qunhe Technology and Yushu Technology [3] - Yushu Technology completed its domestic IPO counseling in just four months, indicating a potentially expedited process for Yundongchu [3]

北京楼市又出新政。 12月24日，北京市住房城乡建设委、市发展改革委、人民银行北京市分行、北京住房公积金管理中心等4部门联合印发《关于进一步优化调整本市房地产 相关政策的通知》（下称《通知》）。 该《通知》明确，为更好满足居民刚性住房需求和多样化改善性住房需求，进一步优化调整住房限购政策，比如放宽对"非京籍新市民"与"多子女改善家 庭"的限购、金融端利率与首付双减。 让更多人能买房 具体来看，此次《通知》提到，非北京市户籍居民家庭购买五环内商品住房的，缴纳社会保险或个人所得税的年限，调整为购房之日前连续缴纳满2年及 以上；购买五环外商品住房的，缴纳社会保险或个人所得税的年限，调整为购房之日前连续缴纳满1年及以上。 而对二孩及以上的多子女居民家庭（包括北京市户籍和非北京市户籍居民家庭），在执行现有住房限购政策基础上，还允许在五环内再购买一套商品住 房。 在58安居客研究院院长张波看来，这一政策精准匹配了北京当前需求结构。其表示，当下北京房地产市场已呈现二手房刚需主导、新房改善提升特征，市 场的去化难度在增大。 安居客线上数据显示，11月二手房挂牌时长96.73天的房源同比增加25%。"新政通过降低准入门槛直接释 ...

Core Viewpoint - Volvo is facing significant challenges in 2025, including management changes and declining sales figures, despite its focus on safety as a core selling point [1][6]. Management Changes - Volvo China has undergone a significant leadership change, with Yuan Xiaolin stepping down as the legal representative and chairman, replaced by Hu Yanhang, who has extensive legal experience in both China and the U.S. [2] - The management changes are described as administrative and do not affect the overall management structure or daily operations of the company [4]. - Additional changes in the executive team include the exit of two board members and the introduction of new members, indicating a broader restructuring within the company [5]. Sales Performance - In Q3 2025, Volvo reported global sales of 160,500 units, a year-on-year decline of 7% and a quarter-on-quarter decline of 11.6%, with total revenue of 86.4 billion Swedish Krona, down 6% year-on-year [7]. - The cumulative sales for the first three quarters of 2025 reached 514,300 units, with the Chinese market contributing 105,300 units, accounting for 20.5% of global sales [7]. - The Chinese market, which is Volvo's largest single market, recorded its lowest sales in five years, with only 156,400 units sold in 2024, despite a global sales increase of 8% in the previous year [7]. Product and Recall Issues - To counter declining sales, Volvo has launched updated models of XC90 and S90, as well as a new XC70, but market feedback has yet to show significant improvement [7]. - The XC70, the best-selling electric model, sold 5,354 units in November 2025, representing 40.16% of the total sales in the Asia-Pacific region, but still falls short compared to domestic competitors [7]. - Volvo has faced four recalls in 2025, which may have impacted consumer perception and sales. The recalls were due to various safety issues, including risks associated with high-voltage battery modules and potential failures in braking systems [9].

小熊电器公告，控股股东一致行动人龙少宏持有公司296.32万股(占剔除回购专用证券账户持股数量的 总股本比例1.91%)，拟自本公告披露之日起15个交易日后的3个月内，通过大宗交易方式减持不超过100 万股(占剔除回购专用证券账户持股数量的总股本比例0.64%)；在任意连续九十个自然日内，大宗交易 减持股份总数不超过公司总股本的2%。 ...

今年以来，沪苏浙皖四地同题共答，在多个领域实现突破性进展。 2025年，长三角地区持续深化联合创新实践，在科技创新、产业协同、制度开放、生态共护等领域斩获丰硕成果；站在"十 五五"开局的新起点，长三角锚定世界级创新高地目标，展现协同发展新蓝图。 2025年中央经济工作会议提出，将上海国际科技创新中心拓展至长三角四省市，这一举措旨在整合区域创新资源，放大上 海在原始创新策源、高端产业引领、科技成果转化等方面的作用，提升国际科技创新中心的全球影响力与竞争力。 多点开花，交出高质量发展答卷 2025年是长三角科创协同从政策协调步入制度化、法治化的关键之年。 作为全国首个以科技创新协同发展为主题的区域立法，《关于促进长三角科技创新协同发展的决定》已于9月正式实施，长 三角科创协同已从政策协调步入制度化、法治化的新阶段。 以上海为例，张江高新区平均每平方公里就有1家上市企业，全球医药20强有一半在张江设立开放式创新中心，中国医药工 业百强超过40%布局在这里。目前，上海已建、在建和规划建设的重大科技基础设施有20个。 科技创新共同体建设迈上新台阶。上海张江与安徽合肥两大综合性国家科学中心合作共建持续深化，围绕重大攻关任 ...

清水源公告，公司拟对相关业务进行调整，并将持有的全资子公司济源市思威达环保科技有限公司股权 进行转让。思威达公司为"济源市生活垃圾无害化处理场一期封场及生活垃圾焚烧发电配套转存场工程 PPP项目"的项目公司，公司已就拟转让思威达公司股权事项向上级主管部门济源产城融合示范区住房 和城乡建设局进行请示，目前已经收到济源产城融合示范区住房和城乡建设局的回函，同意公司将思威 达公司股权进行转让。 ...

龙蟠科技公告，公司拟将"新能源汽车动力与储能电池正极材料规模化生产项目"三期项目产能由6.25万 吨/年提升至10万吨/年，不涉及变更募集资金投向。截至2025年11月30日，该项目已使用募集资金7.33 亿元，累计投入进度56.85%。预计2026年5月达到预定可使用状态。 ...

Core Insights - The global precious metals market experienced a significant rally on December 24, with gold, silver, platinum, and copper all reaching historical highs, driven by multiple factors including liquidity expectations, geopolitical risks, and structural supply-demand imbalances [1][3]. Gold Market - London spot gold prices broke through $4,500 per ounce, reaching a new historical record, with a year-to-date increase of approximately $1,880 per ounce, translating to a 64% rise when priced in Chinese yuan [2][4]. - The recent surge in gold prices is attributed to the weak U.S. labor market, as indicated by the November unemployment rate, which supports ongoing monetary easing expectations from the Federal Reserve [4]. - Central banks worldwide have been buying gold in large quantities, providing a solid foundation for the current bull market, with significant inflows into gold ETFs, particularly the SPDR Gold Trust, which saw its holdings increase by over 20% this year [4]. Silver Market - Silver prices have outperformed gold, with London silver reaching $72.255 per ounce and a year-to-date increase exceeding 150% [6]. - The rise in silver prices is driven by both investment and industrial demand, with significant imports in major consumer countries like India, particularly during festive seasons [6]. - The global silver market is experiencing a structural shortage, as demand has consistently outstripped mine production for five consecutive years, exacerbated by the accelerating transition to green energy [6]. Platinum Market - Platinum has emerged as the standout performer among precious metals, with prices surpassing $2,300 per ounce, marking a 150% increase year-to-date, the best annual performance since data collection began in 1987 [7]. - The hydrogen energy sector is creating new demand for platinum, which is used as a catalyst in hydrogen fuel applications, indicating a shift in price dynamics away from traditional precious metal frameworks [7]. - Supply disruptions in major producing countries like South Africa are contributing to a third consecutive year of supply shortages in the platinum market [7]. Copper Market - Copper prices reached a historical high of $12,159.50 per ton, driven by global supply chain tensions and increasing demand from the renewable energy sector [3][8]. - The supply shortage is a critical factor in rising copper prices, with multiple mines facing production interruptions and preemptive stockpiling due to potential tariff policies [8]. - The long-term demand outlook for copper remains optimistic, supported by global energy transition and infrastructure development, although high prices may suppress some consumption and encourage the development of alternative materials [8].

四川成渝公告，控股子公司中路能源拟向中石油四川及其下属公司采购成品油，并与中石油四川签署 《成品油买卖关联交易框架协议》。协议期限自2026年1月1日至2026年12月31日，预计日常关联交易总 金额不超过人民币14亿元。交易标的物为符合国家现行标准的成品油，定价按销售价格加运费厘定，运 费分别为50元/吨和0元/吨。付款方式为先款后货，中石油四川集团提供90日免费仓储。 ...