金价剧烈波动后，投资者心态正悄然生变。买卖两旺的现象重现金市，但投资主线已经转向"防风险"。 2月10日虽然是工作日，但位于北京的菜百首饰总店依旧人头攒动。金价高位震荡下，大额套现频现，一位一次性卖出8公斤金条的女士吸引了众人的目 光。还有一部分投资者眼看金价稳住，也踊跃入市，虽然一次性买入几公斤金条的大户不在少数，但小克重金条才是大多数购金者的最爱。 投资者心态生变 "这8公斤金条是我这些年陆续买的。"王女士一边指着桌上的金条，一边翻动着手里的存单本，里面保存了她这些年来买的每一根金条的购买凭证、发 票、证书，整整齐齐，一目了然。但由于几十根金条要挨个拆开包装、称重、验金，工作人员花了一个多小时才办理好这笔业务。 最近几天金价进入高位震荡后，很多投资者又开始踊跃购买黄金。但为了控制风险，投资者更加青睐小克重金条。"10克的金条没有了，20克起卖。100克 工本费是每克13元，20克是每克18元，建议买大克重。"现场工作人员对排队的购金者反复提醒。 "这8公斤金条的回购价是1120元/克，扣除3.8元/克的手续费，一共套现近900万元。近期千万元级别套现的投资者每天都有，8公斤并不是最多的，他们大 多是前些年 ...

中国人民银行2月10日发布的2025年第四季度中国货币政策执行报告提出，继续实施好适度宽松的货币 政策，发挥增量政策和存量政策集成效应。把促进经济稳定增长、物价合理回升作为货币政策的重要考 量，根据国内外经济金融形势和金融市场运行情况，把握好政策实施的力度、节奏和时机，持续营造适 宜的货币金融环境。 业内专家表示，2025年适度宽松的货币政策具有累积效应，存量政策效果还会持续显现。2026年初，央 行又推出了一揽子支持实体经济高质量发展的货币金融举措，这些增量政策也将与存量政策发挥协同效 应，进一步为实体经济平稳增长和物价合理回升营造适宜的货币金融环境。 要点速览： 推动落地各项金融支持服务消费政策 完善房地产金融基础性制度 引导短期货币市场利率更好围绕央行政策利率平稳运行 保持人民币汇率在合理均衡水平上的基本稳定 完善宏观审慎和金融稳定管理工具箱 充分发挥货币信贷政策导向作用 报告明确，加强对银行体系流动性供求和金融市场变化的分析监测，综合运用多种货币政策工具，保持 流动性充裕。引导银行稳固信贷支持力度，保持金融总量合理增长，使社会融资规模、货币供应量增长 同经济增长和价格总水平预期目标相匹配。 继续实施好 ...

Core Viewpoint - *ST Lifan has experienced significant stock price volatility, leading to a suspension of trading for verification, with a notable price increase of 314.93% from January 20 to February 5, 2025 [3] Group 1: Stock Trading and Regulatory Actions - The company announced that its stock will resume trading on February 11, 2025, after completing the verification process [1] - The Shenzhen Stock Exchange issued a risk warning regarding *ST Lifan's stock due to substantial price fluctuations and multiple triggers of abnormal trading standards [3] - The company confirmed that there are no undisclosed significant matters related to the company by its controlling shareholders and actual controllers, and they did not trade the company's stock during the period of abnormal fluctuations [3] Group 2: Financial Performance - For the period of January to September 2025, *ST Lifan reported an operating income of 203 million yuan, a year-on-year decrease of 0.44%, and a net profit attributable to shareholders of -62.21 million yuan, compared to -51.59 million yuan in the same period last year [4] - The company anticipates a net loss of 180 million to 210 million yuan for the full year of 2025, according to its annual performance forecast [4] - The company's internal control over its 2024 annual financial report received a negative audit opinion from Zhongxing Caiguanghua Accounting Firm [4] Group 3: Company Background and Legal Issues - *ST Lifan is a digital technology cloud service provider focused on new digital infrastructure construction, offering comprehensive services from software and hardware products to overall solutions for industry and government clients [5] - The company received a notice of administrative penalty and market entry prohibition from the Anhui Securities Regulatory Bureau, indicating that its financial data for annual reports from 2021 to 2023 may have involved false records, with over 500 million yuan in suspected false revenue for 2021 and 2022 combined [5] - The company is at risk of being forcibly delisted due to serious financial misconduct as per the regulations of the Growth Enterprise Market [5]

葛卫东、方文艳罕见同框！ 江淮汽车发布的定增公告显示，葛卫东和章建平的妻子方文艳同时出现在获配名单上，均获配10亿元。 葛卫东、方文艳携手出击 2月10日，江淮汽车发布的定增公告显示，葛卫东和章建平的妻子方文艳，同时参与该公司定增，均获配2004.81万股，获配金额均为10亿元。 除了葛卫东以外，深圳新思哲、中阅资本、杭州知春投资等私募基金也参与了江淮汽车的定增并获配。 | 序号 | 发行对象名称 | 获配股数(股) | 获配金额(元) | 限售期 (月) | | --- | --- | --- | --- | --- | | 1 | 姚志超 | 2.004.811 | 99, 999, 972. 68 | 6 | | 2 | 深圳市新思哲投资管理有限公司-新思 | 4. 009. 623 | 199, 999, 995. 24 | 6 | | | 哲多策略母基金私募证券投资基金 | | | | | 3 | 中阅资本管理股份公司-中阅知行 2 号 | 2.004.811 | 99, 999, 972. 68 | 6 | | | 私募证券投资基金 | | | | | 4 | 广发证券股份有限公司 | 5, 21 ...

Group 1: Market Performance - The film sector experienced a significant surge on February 10, with the Film ETF (159855) hitting the daily limit and the Film ETF (516620) also reaching the limit during trading [4] - The real estate, satellite, and photovoltaic-related ETFs saw the largest declines, with the real estate ETF dropping by 1.95% and the satellite ETFs experiencing declines ranging from 1.69% to 1.91% [5][6] - The A500 ETF was among the most actively traded, with two A500 ETF products appearing in the top ten by trading volume [2][7] Group 2: Fund Flows - On February 9, several broad-based ETFs, including the CSI 500 ETF and CSI 1000 ETF, saw significant net inflows, indicating strong investor interest [9] - The CSI 500 ETF had a net inflow of 23.66 billion, while the CSI 1000 ETF saw a net inflow of 16.25 billion on the previous trading day [10] Group 3: Industry Insights - The rapid iteration of domestic video generation models and the deep penetration of AI technology in content production are expected to enhance innovation efficiency and reduce costs in the film and gaming sectors [4] - The current market conditions, characterized by favorable policy expectations and ample liquidity, suggest a potential new bullish phase, particularly in theme-driven growth sectors [11]

Core Viewpoint - The article emphasizes the strategic opportunities for the securities industry in China, particularly focusing on the role of Huaxin Securities in enhancing its professional capabilities and contributing to the national economy through innovative financial services [1][2]. Group 1: Service to the Real Economy - Huaxin Securities positions itself as a key player in supporting the real economy by focusing on bond financing and asset securitization (ABS) to address corporate financing challenges [3]. - The company aims to expand its green bonds and technology innovation bonds business, establishing a collaborative mechanism to provide comprehensive financing services for high-end manufacturing and new energy sectors [3][4]. - Huaxin Securities has successfully launched the first approved data asset ABS in the country, creating a closed-loop service system that addresses challenges in data asset verification, valuation, and circulation [4]. Group 2: Technological Innovation - Since establishing its fintech core strategy in 2017, Huaxin Securities has driven business upgrades through technological innovation, creating a unique "AI + finance" service ecosystem [5]. - The company has developed a comprehensive digital system that supports various business scenarios, enhancing its professional capabilities through deep integration of technology and business [6]. - Huaxin Securities has launched the "Xin i" intelligent research platform, which utilizes multimodal analysis technology and extensive data assets to provide full-process intelligent support for research personnel [6]. Group 3: Compliance and Risk Management - High-quality development is underpinned by a robust compliance and risk management framework, which Huaxin Securities integrates into its operational DNA [8]. - The company has established a comprehensive risk control system that utilizes AI and big data technologies to create an intelligent risk monitoring platform, transitioning from passive responses to proactive warnings [8]. - Huaxin Securities aims to balance risk prevention with business development by enhancing its compliance value creation philosophy [8]. Group 4: Cultural Development - The cultural foundation of Huaxin Securities is crucial for its high-quality development, with a focus on integrating cultural construction with business operations, talent development, and social responsibility [9][10]. - The company emphasizes a "customer first" philosophy, establishing a comprehensive customer service system and feedback mechanisms to enhance customer satisfaction [10]. - Huaxin Securities is committed to social responsibility initiatives, including rural revitalization and educational support, reinforcing its cultural brand and community engagement [10]. Group 5: Future Outlook - Looking ahead to the "15th Five-Year Plan" period, Huaxin Securities plans to leverage digital transformation and distinctive business strategies to solidify its competitive edge in the securities industry [10]. - The company aims to continue its focus on data asset ABS and technology innovation bonds while enhancing its intelligent research capabilities to better serve the real economy and investors [10].

"大额存单重磅上新，限量发售，先到先得！"新春将至，银行"开门红"步入关键期。中国证券报记者注 意到，江西、河北、安徽、江苏等地中小银行近期密集发行个人及机构大额存单，其中农商行表现尤为 活跃。 在此背景下，中小银行为何密集发行大额存单？巨丰投顾高级投资顾问于晓明向记者表示，其核心动力 是开门揽储、稳定长期负债、弥补大型银行收缩大额存单规模后留下的市场缺口。 值得注意的是，本轮大额存单发行呈现显著"短期化"特征，部分银行将目光瞄向1个月等短期大额存 单。同时，多家银行面向特定客户推出专享大额存单，增强客户维系属性，并在此基础上，同步营销银 行的资产提升活动。 农商行成为大额存单发行"主力" 今年以来，中小银行密集"上新"大额存单。记者查阅中国货币网发现，仅2月以来，银行发布的大额存 单公告便超过100条，其中农商行是大额存单发行"主力"。多家银行同日"上新"多期限大额存单的情况 颇为常见。 例如，2月9日，江西遂川农商银行、河北三河农商银行、山西沁水农商银行等多家中小银行均在中国货 币网披露大额存单发行公告。 江西遂川农商银行发布的大额存单公告显示，该行最新发行的个人1年期大额存单，发行时间为2月9日 至3月 ...

2月10日，有消息称，周大福春节后将对黄金产品调价，此次调价或于3月中旬实施，目前部分门店已收 到相关通知，涨价重点集中在一口价产品。 对此，周大福方面独家回应中国证券报·中证金牛座记者称，涨价是真的，但时间、幅度尚未确定。产 品价格调整属集团的日常营运政策，公司会根据市场环境及产品需求，适时作出调价，并始终坚持维护 卓越质量与精湛工艺的承诺，满足消费者的期望。 ...

Core Viewpoint - LuKe Technology has submitted its listing application to the Hong Kong Stock Exchange, revealing a significant decline in its proprietary brand revenue Group 1: Company Overview - LuKe Technology is a pioneer in AI home security management, offering integrated solutions centered around smart locks and AI technology [2] - The company ranks third in domestic smart lock shipments with a market share of 5.8%, projecting to ship 1.2 million units in 2024 [2] Group 2: Financial Performance - The company reported revenues of 1.015 billion yuan, 1.086 billion yuan, and 774 million yuan for the first three quarters of 2023, 2024, and 2025, respectively, with net profits of 14.026 million yuan, 53.113 million yuan, and 31.981 million yuan [2] - Proprietary brand consumer product revenue for the first three quarters of 2025 is 159 million yuan, accounting for 20.5%, down from 193 million yuan and 27.8% in 2024 [2] Group 3: Research and Development - R&D expenditures for 2023, 2024, and the first three quarters of 2025 were 74 million yuan, 78 million yuan, and 47 million yuan, representing 7.3%, 7.2%, and 6.1% of total revenue, respectively [3] - The company plans to use the raised funds primarily for long-term technology R&D and strategic support to enhance its AI-enabled home security technology ecosystem [3] Group 4: Customer Concentration - The company has a high customer concentration, with sales to the top five customers accounting for 53.6%, 56.8%, and 65.2% of total revenue in 2023, 2024, and 2025, respectively [4] - Sales to the largest customer represented 48.6%, 51.7%, and 60.6% of total revenue during the same periods [4]

Core Viewpoint - The Ministry of Industry and Information Technology, along with four other departments, has issued implementation opinions to strengthen the capacity building of the information and communication industry to support the development of low-altitude infrastructure Group 1: Low-altitude Communication Network Coverage - The implementation opinions propose that by 2027, the ground mobile communication network coverage along low-altitude public air routes should be no less than 90% [1] - It encourages the use of existing 5G infrastructure and various technical methods to enhance low-altitude mobile communication network coverage in specific areas [2] Group 2: Low-altitude Intelligent Network System - The opinions emphasize leveraging new-generation information technologies such as IoT, AI, cloud computing, and big data to provide solutions for building low-altitude intelligent network systems [3] - It encourages collaboration between telecom enterprises and air traffic management departments to support the development of digital systems for low-altitude traffic management services [3] Group 3: Experimental Verification - The implementation opinions highlight the need for telecom enterprises to conduct research and verification on key low-altitude communication technologies based on actual operational network environments [4] - It aims to enhance low-altitude perception capabilities through the development of collaborative networking and interference coordination technologies [4] Group 4: Enhancing Industry Supply Capacity - The opinions advocate for the active promotion of 5G-A industry development and the upgrading of existing ground station facilities [5] - It emphasizes the integration of low-altitude equipment with information communication and the exploration of research and development for communication, navigation, and monitoring function modules [5]