驰芯半导体的故事，是湖南科技金融生态成长的一个缩影。曾以工程机械为硬核标签的潇湘大地， 近年来正悄然织就一张服务科技创新的金融网络：银行跳出"看砖头不看专利"的传统思维，重视"滴 灌"早中期项目，利用数字技术打通服务堵点。这套覆盖企业从初创到成熟的全生命周期服务体系，背 后既有中国人民银行湖南省分行的系统性布局，更有政银企多方的协同发力。 轻资产融资破局 在湖南长沙湘江新区的办公室里，长沙驰芯半导体科技有限公司（以下简称"驰芯半导体"）的负责 人给《金融时报》记者展示着超宽带（UWB）芯片产品及众多应用场景。这家企业的UWB芯片产品已 进入商业化量产阶段，且已向某国际消费电子巨头、国内白色家电龙头、世界领先新能源车厂批量供 货。一年前，这家手握多项核心专利的企业，因"轻资产、无抵押"的困境，卡在科技成果转化的"最后 一公里"。2025年6月，中信银行长沙分行的信贷支持及时解决了企业在UWB芯片商业批量备货方面的 资金需求。 时间回到2025年初，作为典型的芯片设计类高新技术企业，公司手握多项核心专利却无足够抵押 物，在传统银行"看砖头不看专利"的风控逻辑下，企业信贷之路并未走通。"公司研发需要投入大量资 金， ...

聚焦新动能：科技创新驱动新质生产力 以科技创新为核心驱动力的新质生产力，是推动高质量发展的内在要求和重要着力点。中央经济工 作会议将"坚持创新驱动，加紧培育壮大新动能"列为2026年经济工作重点任务之一。多地"新年第一 会"不约而同地将科技创新和产业升级放在首位。 浙江省强调要在加快建设创新浙江、因地制宜发展新质生产力、构建浙江特色现代化产业体系上进 一步攻坚突破，并在新年伊始召开了科技系统工作推进会。会议提出要力争实现"一个突破"，即到2030 年，创新浙江建设、现代化产业体系构建实现重大突破，并提出"教育强省、科技强省、人才强省、浙 江特色现代化产业体系基本建成"的主要目标，为科技未来发展锚定方向。 湖北省继2025年后再次将"新年第一会"的主题聚焦在科技创新领域，召开了2026年湖北省科技创新 大会。会议明确提出，要更大力度实施科创引领战略，把湖北打造成为原始创新策源高地、新质生产力 发展高地、"近悦远来"人才高地、创新生态示范高地。 会上，湖北省委书记王忠林向2025年度省科学技术突出贡献奖获得者颁奖，传递出"发展新质生产 力，人才是第一资源"的强烈信号。 "要把发展经济的着力点放在实体经济上，强化科 ...

Group 1 - The commercial aerospace sector is experiencing significant growth, driven by favorable conditions and active participation from upstream and downstream companies in the industry [1] - The industry is moving towards industrialization and scaling, with new opportunities emerging in areas such as space computing [1] - Financial institutions are increasingly engaging in the commercial aerospace sector, indicating a strong interest in this market [2] Group 2 - In early 2026, Bank of China’s subsidiary, China Bank Financial Leasing Co., successfully completed its first commercial rocket financing lease project, supporting the research and launch of commercial rockets [3] - The financing model involves direct leasing to support the acquisition of critical rocket propulsion system testing equipment, helping companies manage cash flow and optimize asset structure [3] - Financial leasing has been integrated into the commercial aerospace sector since 2019, with various leasing companies participating in satellite leasing projects [4] Group 3 - The pace of capital entry into commercial aerospace leasing has accelerated, with multiple leasing companies launching satellite leasing projects [4] - Notable projects include the first special purpose vehicle (SPV) satellite leasing business completed in July 2025, with an asset scale of 30 million yuan, and the first commercial remote sensing satellite asset sale-leaseback completed in 2025, amounting to 10 million yuan [4] - The characteristics of high-value and long-cycle assets in satellites and rockets align well with the financing leasing model, addressing the challenges of high initial investment and long recovery periods [4] Group 4 - According to a report by Guojin Securities, China's commercial aerospace sector is transitioning from a policy incubation phase to an industrial explosion phase [5] - Financial leasing companies can utilize various models such as direct leasing and SPV project operations to support core aspects of satellite manufacturing, rocket development, and launch services [5] - The financial leasing industry is also exploring leasing services for ground station equipment, core components, and aerospace measurement and control systems, aiming to create a comprehensive financial support system for the entire industry chain [5]

Core Viewpoint - China Bank has successfully assisted Henkel Group in issuing 1.5 billion yuan panda bonds in the Chinese interbank bond market, marking Henkel's debut in the RMB bond market and the first foreign panda bond issuance of 2026, which enhances the international influence of the panda bond market [1] Group 1 - China Bank is the only Chinese underwriter for this issuance and has been a key player in the panda bond market, facilitating the entry of over 20 international giants since 2014, including companies like Veolia, BMW, Volkswagen, BASF, and Henkel [1] - The bank has participated in over 80% of the panda bond issuances by multinational companies, showcasing its strong professional capabilities and commitment to supporting foreign enterprises in China [1] - China Bank aims to continue its role as a primary channel for cross-border financial services and leverage its expertise in foreign exchange and trade to help global companies seize opportunities in China [1]

Group 1 - The core viewpoint of the articles highlights that the Industrial and Commercial Bank of China (ICBC) has successfully increased its entrusted management scale of pension funds to over 800 billion yuan, marking a significant growth from 700 billion yuan last year, demonstrating a continuous expansion in the pension fund sector [1][2] - ICBC serves over 21,000 corporate clients in its enterprise pension management, contributing to the financial security of millions of employees, aligning with national goals for pension system development [1] - The bank is actively developing a multi-tiered pension insurance system as suggested in the "14th Five-Year Plan," emphasizing its commitment to enhancing the quality and coverage of enterprise and occupational pensions [1] Group 2 - ICBC has established a differentiated pension financial service system that addresses the varying needs of elderly clients and pension beneficiaries, utilizing both online and offline channels for seamless service delivery [2] - The bank has launched the "ICBC e-Pension" management platform and has set up nearly 290 "Pension Stations" and over 4,000 integrated service outlets to provide comprehensive financial services, including pension management and social security [2] - The bank's innovative product offerings, such as the "ICBC Ru Yi Pension" collective plan, cater to diverse corporate management needs, while individual-focused products like "Worry-Free Investment" and "Ru Yi Life Pension Comprehensive Solutions" address employees' retirement wealth planning [1][2]

从应用规模看，关键核心技术攻关应用广泛开展。核心系统整体改造与迁移尤为亮眼，既有大中型 银行勇立潮头、率先垂范，亦有地方中小金融机构紧随其后、多点开花，形成多级联动、全域推进的生 动格局。其中，建设银行核心银行系统从集中式部署迁移至分布式平台，实现自主可控、性能提升、弹 性扩展，为大型银行核心系统架构转型作出了新示范。浦发银行重构信用卡核心系统，一次性完成"四 合一"技术架构转型，重构"三位一体"业务架构，实现技术和业务双重革新，是股份制银行信用卡核心 转型标杆。中国银行IT架构全面转型战略工程构建企业级技术平台，协同实施"移机—挪库—换面"，全 面实现从技术底座到业务场景的端到端、全链条架构转型。中信银行苍穹工程则建设了标准化的应用运 行环境、服务治理体系和可弹性伸缩的云化能力，实现了企业级技术中台能力的沉淀、复用、共享和一 体化管控。 从应用成效看，金融业在关键业务系统中推进自主技术应用的广度与深度已显著提升，核心软硬件 正处于从"可用"迈向"好用"的关键跨越，这不仅坚定了行业深化自主可控转型的道路自信，也为其他重 点行业的转型升级树立了标杆、提供了成熟路径。 近年来，金融业深入贯彻落实党中央决策部署，紧 ...

进入2026年以来，黄金价格继续上涨。1月12日，伦敦现货黄金延续前两个交易日的涨势，一度触及 4601.38美元/盎司的历史新高。 在金价强势冲高的背景下，多家银行再次对黄金积存业务作出调整并发布风险提示，提醒投资者关注黄 金投资风险。 根据工商银行公告，调整前已设置成功的定期积存计划将继续执行，不受影响。设置自动展期的定期积 存计划到期后，若原计划积存金额满足工行最新要求，则展期成功，否则展期失败。 在国际金价再续涨势的同时，国内黄金投资与消费市场的热度持续攀升，深圳水贝等核心黄金交易市场 的销售数据也印证了这一趋势。1月12日，深圳水贝黄金销售价格为1178元/克，创下历史新高。 值得警惕的是，在市场热度高涨的背后，各类非法黄金交易陷阱也开始滋生，投资风险显著提升。 《金融时报》记者注意到，此前，深圳市黄金珠宝首饰行业协会在官方发布的行业警示函中提到，深圳 水贝3家黄金珠宝公司以经营黄金为名，实际通过线上平台开展"非实物黄金对赌"业务，其行为已涉嫌 构成开设赌场罪，相关涉案主体已被司法机关查处。 "后续，我们将持续关注贵金属市场波动情况，适时对如意金积存业务最低投资额进行调整。"公告显 示。 《金融时报 ...

党的二十届四中全会锚定"十五五"发展蓝图，将"加快高水平科技自立自强，引领发展新质生产力"镌刻 于强国建设、民族复兴的时代卷轴。在数字经济时代，科技作为金融高质量发展的重要引擎，既是金融 业务提质增效的"加速器"，也是金融安全坚不可摧的"防火墙"，更是构建中国特色现代金融体系的重要 组成部分。 近年来，金融业深入贯彻落实党中央决策部署，紧紧围绕做好金融"五篇大文章"，加快推进数字化、智 能化转型，提高金融服务便利和竞争力，在自主可控、生态融合、数据激活、风险防控等方面，书写了 浓墨重彩的新篇章。持续加大金融科技投入与创新力度，加快建设自主可控安全高效的金融基础设施体 系，强化业务与技术的深度融合，加速释放数据要素价值，严守安全发展底线，不断以科技创新赋能金 融服务提质增效。 近期，新一年度金融科技发展奖结果正式公布，这不仅是对过往年份金融业技术攻关与创新应用的集中 检阅，更是在"十四五"收官之际，金融系统以科技为笔、以创新为墨，书写"五篇大文章"、擘画"数智 金融新生态"的生动答卷。循着这份答卷的脉络，《金融时报》记者专访了中国人民银行副行长邹澜， 系统回顾"十四五"期间中国金融科技发展所取得的重点成效，详解 ...

Core Viewpoint - The Ministry of Commerce has proposed to continue anti-dumping measures on imported solar-grade polysilicon from the United States and South Korea, effective from January 14, 2026, for a duration of five years, due to potential harm to China's solar-grade polysilicon industry if these measures are lifted [3][4]. Group 1: Anti-Dumping Measures - The anti-dumping tax will be levied on solar-grade polysilicon imports from the U.S. and South Korea starting January 14, 2026, based on the customs-determined taxable price [3]. - The Ministry of Commerce determined that terminating the anti-dumping measures could lead to continued or renewed dumping from the U.S. and South Korea, potentially harming the domestic industry [3]. Group 2: Tax Rates - The anti-dumping tax rates for U.S. companies are as follows: - REC Solar Grade Silicon LLC: 57% - REC Advanced Silicon Materials LLC: 57% - Hemlock Semiconductor Corporation: 53.3% - MEMC Pasadena, Inc.: 53.6% - AE Polysilicon Corporation: 57% - Other U.S. companies: 57% [3]. - The anti-dumping tax rates for South Korean companies are as follows: - OCI Company Ltd.: 4.4% - Hankook Silicon Co., Ltd.: 9.5% - Hanwha Solutions Corporation: 8.9% - SMP Ltd.: 88.7% - Woongjin Polysilicon Co., Ltd.: 113.8% - KCC Corp. and Korean Advanced Materials: 113.8% - Innovation Silicon Co., Ltd.: 113.8% - Other South Korean companies: 88.7% [4].

Core Insights - The "exploding gold coins" phenomenon in bank wealth management is gaining popularity, driven by investors seeking short-term high returns through the purchase of newly issued, small-scale financial products during performance-boosting periods [1][2] Group 1: Market Trends - The term "exploding gold coins" originated from gaming, symbolizing the rapid accumulation of wealth, and has been adopted in the finance sector to describe the strategy of capitalizing on high-yield bank products [1] - Since mid-2025, investors have been using bank apps to purchase new products, noticing significantly higher returns compared to older offerings, leading to widespread discussion of this strategy [2] - By January of this year, "exploding gold coins" had become a phenomenon in the wealth management sector, with many investors participating [2] Group 2: Expert Analysis - Experts suggest that the "exploding gold coins" trend reflects a "ranking anxiety" among financial institutions, where banks artificially create short-term high yields to attract investors, leading to a potential misalignment of expectations and undermining institutional credibility [3] - The upcoming implementation of the "Financial Institutions Product Appropriateness Management Measures" on February 1, 2026, will prohibit misleading performance manipulation, thereby reducing the space for such short-term performance-driven strategies [4] - As regulatory measures take effect, the focus of bank wealth management will shift towards transparency, asset allocation capabilities, risk control, and long-term performance stability, moving away from marketing tactics [4]