中证报中证网讯(记者魏昭宇)1月7日晚，万家工业有色ETF基金经理贺方舟做客中国证券报"ETF点金 汇"直播间。谈及对工业金属板块的后市预判，他表示，随着美联储降息预期将陷入"胶着"，铜、铝等 资产进入"供需验证期"。在他看来，工业金属板块是受逻辑切换影响最大的板块，其定价将高度依赖于 微观数据。 谈及铜，他表示，这一资产宏观属性强。预期"胶着"时，其金融溢价会受到压制。但当前的核心矛盾在 于其自身极低的全球显性库存和长期供应短缺。因此，价格将在"宏观情绪的摇摆"和"现货紧张的硬约 束"之间剧烈博弈。任何大型基建项目(如"平急两用"设施)或电网投资的超预期，都可能成为突破震荡区 间的催化剂。 谈及铝，他表示，国内对这一资产的定价权更强，其成本(主要是电价)和国内供给侧"天花板"是核心。 需求更依赖于地产竣工和汽车轻量化的实际进度。海外降息预期的摇摆对其影响相对间接，更多通过全 球增长预期和汇率渠道传导。 ...

Core Viewpoint - The long-term investment perspective on industrial non-ferrous metals should be viewed as a "strategic resource asset" benefiting from global liquidity easing and the future of electrification and digitalization, rather than merely a cyclical commodity [1] Group 1: Market Outlook - The manager is optimistic about the medium to long-term performance of the non-ferrous metals sector [1] - The Federal Reserve entering a rate-cutting cycle is favorable for dollar-denominated non-ferrous metals [1] - Supply-side disruptions, including accidents in South American and Central African copper mines, have led to tight supply, exacerbated by the recent mining accident at Indonesia's Grasberg copper mine [1] Group 2: Demand Factors - The demand for industrial metals is continuously rising, driven by energy transition and the AI wave [1]

Group 1 - The company Baismei's subsidiary, Jiangsu Yong'an Chemical Co., Ltd., has received an indictment from the Lianshui People's Procuratorate regarding interference with automatic pollution monitoring facilities, leading to distorted monitoring data [1] - The indictment suggests that Yong'an Chemical and involved personnel have mitigating circumstances for lighter penalties, and the company is currently operating normally [1] - Yong'an Chemical completed rectification in 2024 and successfully re-applied for a pollution discharge permit in February 2025, which was approved by the Huai'an Ecological Environment Bureau [1] Group 2 - Yong'an Chemical, established in December 2005, is a key subsidiary of Baismei, focusing on the research, production, and sales of pesticide products, particularly the herbicide Dimethenamid-P [1] - Dimethenamid-P is gradually replacing traditional herbicides like Ethyl Acetate and Fluazifop in Europe and is widely used as a co-adjuvant with Glyphosate, with steady global market demand growth [2] - Baismei produces intermediates such as 4-Nitro and Pentamine, which are partially sold externally and partially supplied to Yong'an Chemical for further processing into Dimethenamid-P for global distribution [2]

Group 1 - The core viewpoint of the article highlights the advancements in artificial intelligence, particularly the transition from large models to specialized intelligent agents, which is expected to create a market space ten times larger than the traditional software market [1] - 360 Group, along with 27 other units including Huawei, Tsinghua University, and China Telecom, has been recognized as one of the first pilot application units for intelligent agent interconnection protocols [1] - The founder and chairman of 360 Group, Zhou Hongyi, emphasized the company's unique advantage in integrating security with AI, aiming to contribute to the development of standards and ecological collaboration in the field of intelligent agents [1]

中证报中证网讯(记者乔翔)2026年1月7日，记者从会畅科技（300578）获悉，在2026年国际消费电子展 (CES2026)上，公司旗下专注"科技+情感陪伴"的品牌"OLLOBOT"首次亮相，并携首款赛博新物 种"OlloNi"在现场展示。 据介绍，作为一款陪伴机器人产品，"OlloNi"的智能程度被刻意调校贴近传统宠物，不会用复杂功能增 加用户负担。公司表示，"OlloNi"只是一个起点，在技术支撑下，未来将推出更多同系列小伙伴及周边 产品。依托在智能场景适配领域的优势，这些小伙伴能自然融入不同家庭场景，完美兼顾"智能助 手"和"情感伙伴"双重角色。 ...

Core Viewpoint - The partnership between Zhejiang Huhangyou Highway Co., Ltd. and Zhejiang Jiaotou Zhongtan Environmental Technology Co., Ltd. marks a strategic move towards integrating energy and transportation, aligning with national "dual carbon" goals and enhancing the company's growth potential in the green energy sector [1][2] Group 1: Investment and Strategic Importance - Zhejiang Huhangyou Highway Co., Ltd. invested 226 million yuan to acquire an 11.6733% stake in Zhongtan Technology, representing its first investment in the new energy sector [1] - This collaboration is a significant step for the company in optimizing its business structure and fostering new green and low-carbon growth drivers [2] Group 2: Operational and Industry Impact - The integration of energy and transportation is expected to normalize energy consumption management, reduce costs, and enhance the resilience and service quality of the highway network [2] - The partnership aims to set industry standards through demonstration projects, transitioning green energy from a one-time transformation to a comprehensive methodology, thereby improving operational efficiency and creating replicable practices [2] Group 3: Capital and Sustainable Development - The collaboration will strengthen the company's green and low-carbon attributes, increasing its recognition in the capital market and providing sustainable development momentum [2] - The company plans to leverage this partnership to deepen its energy-transport integration practices while expanding its growth boundaries in the medium to long term [2]

Core Viewpoint - Alibaba's Gaode has launched the upgraded Gaode Street Ranking 2026, introducing the "Flying Street View" feature, which allows users to view real store environments from a street perspective, and is opening this feature to 1 million merchants for free [1][2]. Group 1: User Growth and Engagement - Gaode's user base has surpassed 660 million, with the app gaining an average of 46 million monthly active users over the past three months, bringing the total to 996 million [1]. - The Gaode Street Ranking has attracted 860,000 new merchants within 100 days of its launch, with merchant order volume increasing by over 330% and revenue rising by over 270% [1]. Group 2: New Features and Offerings - The "Flying Street View" feature allows users to preview restaurant environments and parking conditions, enhancing decision-making efficiency and helping merchants showcase their stores [2][3]. - Gaode has introduced seasonal and location-based dynamic service rankings, along with 1,550 category rankings covering various activities such as hiking and camping [3]. - The platform now offers personalized ranking creation, enabling users to create and share their own exclusive lists [3].

Core Viewpoint - Morgan Stanley (China) Limited has been granted the qualification of general lead underwriter for non-financial corporate debt financing instruments by the China Interbank Market Dealers Association, marking a significant milestone in its bond business in China [1][2] Group 1: Company Developments - The approval of the general lead underwriter qualification will enhance Morgan Stanley's ability to serve both domestic and international issuers and investors, leveraging its global resources and local expertise [1] - Since entering the Chinese interbank bond market in 2004, Morgan Stanley has progressively expanded its qualifications, including becoming a market maker in 2008 and obtaining settlement agency qualifications in 2017 [1] - The company aims to contribute to the internationalization and inclusiveness of China's capital market, enhancing its pricing influence and resource allocation efficiency within the global financial system [1] Group 2: Market Position - From 2021 to 2025, Morgan Stanley is expected to maintain a leading position in the global bond underwriting market with an international bond underwriting scale of nearly $1.7 trillion and a market share of nearly 6% [1] - The company has completed over 9,000 issuance transactions for global issuers and holds over 7% market share in the international sovereign and quasi-sovereign bond underwriting sector [1] - The recognition of Morgan Stanley's capabilities by regulatory authorities reflects its commitment and professional service in the Chinese market [2]

Core Insights - The company, XGIMI Technology, launched its AI glasses brand MemoMind at CES 2026, marking a shift in the smart glasses market from generic products to scenario-based solutions, which are seen as the core interaction medium of the future [1][2] Market Trends - According to IDC, the global smart glasses market is expected to reach a shipment volume of 23.687 million units by 2026, with China's market alone projected to exceed 4.915 million units [1] Company Development - XGIMI Technology has invested over 1.5 billion yuan in R&D since its listing in 2021, achieving a research expense ratio of 12.15% by mid-2025, and has accumulated 1,219 patents [1] Product Offerings - The MemoMind One represents the company's technological advancement in consumer-grade AI display, utilizing a Micro LED and light guide solution to provide rich visual information for various needs, expected to launch later this year [1] - The MemoMind Air series introduces two new technological directions: MemoMind Air Display, which significantly reduces weight and power consumption while providing essential information, and another product focused entirely on AI experience, which will be revealed later this year [2] Financial Backing - The operational entity of the MemoMind brand, Shenzhen Qilai Innovation Intelligent Technology Co., Ltd., recently raised 50 million yuan through a financing round, achieving a valuation of 770 million yuan, aimed at enhancing R&D and operational capital for the mass production and market promotion of MemoMind AI glasses [2]

Group 1 - The recent announcement from Guotou Silver LOF indicates significant fluctuations in the secondary market trading price of its Class A shares, leading to a temporary suspension of trading from January 7 until 10:30 AM to protect investor interests [1] - On January 6, six ETFs in the market experienced a rise of over 7%, with five of them being satellite-themed ETFs. The Penghua Satellite ETF (563790) saw a rapid increase in the afternoon, reaching a peak rise of 9.83% before closing with an increase of 8.31% [1] - On the same day, three ETFs, including the Huaxia Shanghai Stock Exchange Science and Technology Innovation Board 50 ETF, the Huatai-PB CSI 300 ETF, and the Southern CSI 500 ETF, reported net inflows exceeding 1 billion yuan [1]