Market Overview - On January 15, the Hong Kong Hang Seng Index opened down 0.10%, while the Hang Seng Tech Index fell by 0.55% [1] - The Hang Seng Index is currently at 26,972.36, down by 27.45 points [2] - The Hang Seng Tech Index stands at 5,875.78, decreasing by 32.48 points [2] - The Hang Seng China Enterprises Index is at 9,305.13, down by 10.43 points [2] - The Hang Seng Composite Index is at 4,151.02, down by 2.24 points [2] Sector Performance - Real estate, transportation, and food & beverage sectors showed the highest gains, while steel, semiconductors, and media sectors experienced the largest declines [1] - Ctrip Group opened down nearly 15% and has since fallen over 20% due to an investigation by the State Administration for Market Regulation regarding alleged monopolistic behavior [1] Company Specifics - Ctrip Group is cooperating with regulatory authorities and ensuring normal operations across its business [1] - In the tech sector, JD Health rose nearly 3%, and Baidu Group increased by nearly 1%, while Tongcheng Travel and Xpeng Motors fell over 2% [4] - JD Health is currently priced at 71.70, reflecting a 2.94% increase, while Baidu Group is at 146.40, up by 0.90% [6]

2026.01.15 本文字数：3471，阅读时长大约6分钟 作者 |第一财经 刘佳 郑栩彤 1月15日，第一财经记者独家获悉，时隔超五年，迅雷公司及其子公司网心科技，以"损害公司利益责任 纠纷"为由，对前CEO陈磊及其核心团队提起民事诉讼，追索金额高达2亿元。目前该案已被深圳相关法 院受理立案。 这场横跨超五年的纠纷核心，直指一家名为"兴融合"的公司。原告指控该公司为前CEO陈磊实控的"影 子体系"，并由此构建了一条隐秘的利益输送链条。 事实上，早在2020年10月8日，迅雷公司发布公告称，公司前CEO陈磊涉嫌职务侵占事宜，已被深圳市 公安局立案侦查，并在公告最后呼吁陈磊尽快回国配合调查。 一位接近人士对第一财经记者独家透露，核心当事人陈磊自2020年出境后，一直长期居留海外，导致迅 雷发起的各项追讨维权行动面临严重的取证障碍。2022年底，因客观局限，公安机关立案后因无法获取 充足证据而撤案。 如今民事追偿程序的重启，标志着这场始于2020年、因核心当事人滞留海外而一度陷入僵局的内部风暴 与权力纠葛，进入了新的民事追偿的法律阶段。 第一财经记者独家了解到，本次民事诉讼的被告，除核心人物陈磊外，还包括前迅雷 ...

本周，美国大型银行开启了新财报季的序幕，行业延续净利息收入高增长、交易业务强劲的表现。然而 金融板块股价却跌跌不休，行业内部对美国总统特朗普的信用卡政策有所担忧，并普遍对美国政府起诉 美联储主席鲍威尔表达了质疑。 贷款需求反映经济韧性 标普全球市场情报的分析师在本周发布的一份报告中指出："在宏观经济企稳和信贷环境向好的推动 下，我们对2026年银行业增长势头延续持乐观态度。"该机构估算，截至2025 年底，美国银行业整体贷 款规模同比增幅已大幅提升至5.3%。 尽管特朗普政府大规模加征进口关税，但美国经济与美国消费者依旧表现出较强韧性，这在一定程度上 得益于人工智能产业热潮以及美联储的降息举措。目前市场预计，美联储年内还将再降息两次。 美国银行周三发布的财报显示，其平均贷款规模同比增长8%，净利息收入（即贷款利息收入与存款利 息支出的差额）飙升至159亿美元的历史新高。在投资者眼中，贷款规模增长既是银行业务向好的积极 信号，也是整体经济强劲的重要体现。美国银行首席财务官博思威克（Alastair Borthwick）在电话财报 会议上表示："所有消费信贷品类均实现增长，这为四季度业绩提供了助力。不过总体而言， ...

明星科技股全军覆没，谷歌跌不到0.1%，苹果跌0.4%，英伟达跌1.4%，特斯拉跌1.8%，微软和亚马逊 跌2.4%，Meta跌2.5%，博通跌4.2%，主要受网络安全软件应用受限利空影响，甲骨文跌4.3%。 纳斯达克中国金龙指数跌0.2%，阿里巴巴涨1.7%，百度涨0.7%，京东跌0.2%，网易跌2.7%，拼多多跌 3.9%，受反垄断调查影响，携程重挫17.1%。 2026.01.15 本文字数：1998，阅读时长大约3分钟 作者 |第一财经 樊志菁 周三美股全线下挫，科技股抛售潮再起，银行股延续跌势。截至收盘，道指跌42.36点，跌幅0.09%，报 49149.63点，纳指跌1.00%，报23471.75点，标普500指数跌0.53%，报6926.60点。 大型银行股延续低迷，富国银行跌4.6%，花旗、美银跌超3%。富国银行公布的第四季度财报显示，受 投行业务疲软拖累，该行营收未达市场预期。花旗集团四季度净利润同比下滑，营收则实现同比增长。 此前，摩根大通高管曾警告称，拟议的信用卡利率上限或将挤压消费者利益，并对整个金融行业的盈利 能力造成损害。 费城联储主席保尔森表示，她预计2026年美国通胀水平将逐步 ...

Group 1 - The A-share market has seen a significant increase in trading activity, with daily transaction volumes reaching historical highs, surpassing 30 trillion yuan for four consecutive days [2][3] - The total scale of ETFs in the market has reached 6.24 trillion yuan as of January 13, marking an increase of 221.7 billion yuan since the end of last year, indicating a rapid expansion [3][4] - Stock ETFs have been the primary driver of this growth, with over 220 billion yuan added to their scale since the beginning of the year, supported by net inflows exceeding 25 billion yuan [3][4] Group 2 - The emergence of the first trillion-yuan ETF manager, Huaxia Fund, marks a milestone in the industry, holding over 10.08 trillion yuan in ETF assets, accounting for 16.16% of the total market [6][7] - E Fund follows closely with over 9.17 trillion yuan in ETF assets, while the third-largest, Huatai-PB Fund, has 6.43 trillion yuan, highlighting a significant concentration of resources among top firms [6][7] - The top three firms collectively manage over 2.57 trillion yuan, representing more than 40% of the total market scale, indicating a trend of resource concentration towards leading institutions [6][8] Group 3 - The ETF market is evolving beyond mere scale competition, with firms focusing on product naming standardization, dividend distribution, and ecosystem development [9][10] - Dividends have become a crucial method for funds to reward investors, with significant distributions announced, including a record single dividend of 11 billion yuan from Huatai-PB's ETF [10] - The industry is witnessing a wave of name changes for ETFs to enhance product recognition and reduce selection costs for investors, with several leading firms already implementing these changes [10][11] Group 4 - Smaller ETF managers face significant challenges, with 27 out of 58 firms having less than 10 billion yuan in assets, indicating a tough competitive landscape [8][9] - The competition is shifting towards a comprehensive evaluation of fund managers' capabilities, including research, operations, and service quality, rather than just asset size [11][12] - The future of the ETF market is expected to remain robust, driven by increasing penetration of public funds in asset allocation and a growing acceptance of index investing among investors [11]

本文字数：2969，阅读时长大约5分钟 作者 |第一财经 亓宁 新年开始，各大银行"开门红"活动吸引着储户的注意力。近期，部分网友在社交媒体上分享和交流起了 国有大行"资产提升计划"的"薅羊毛"攻略。 2026.01.14 什么活动如此诱人？第一财经注意到，面对利率下行、大量定存到期等新形势，仍在压降负债成本的银 行的"开门红"活动也有了更明显的变化——更加侧重提升用户的存款、理财、基金、保险、国债、积存 金产品、证券账户绑定托管等各类金融资产规模。以几家国有大行的最新活动为例，达标客户获得相应 奖励的价值最高超万元。 而另一边，部分中小银行面对岁末年初的揽储压力，继续选择了阶段性上调存款利率，上调幅度最高达 20BP。多位业内人士对记者表示，在信贷需求不振、降负债成本依然迫切的背景下，存款流失本身是 压力，但也是银行提升中收战略的机遇。尤其对利率不占优势的国有大行来说，2026年零售战略转型的 紧迫性更加明确。"对于到期的定期存款客户，我们的首选策略是引导到代销理财。"一位股份行地方机 构负责人说。 大行"火拼"资产提升战 最近两年，国有大行纷纷推出福利丰厚的"资产提升"活动，将重心目标从侧重揽储转向注重A ...

Market Overview - On January 14, US stock indices opened lower, with the Dow Jones down 0.21%, the Nasdaq down 0.82%, and the S&P 500 down 0.55% [1] Technology Sector - Technology stocks experienced a broad decline, with Nvidia, Tesla, Google, and AMD all falling over 1%, while Apple and Netflix also saw declines [3] Chinese Stocks - Chinese stocks showed mixed performance; Ctrip fell over 18% due to an investigation by the State Administration for Market Regulation, while Pinduoduo dropped over 4%. In contrast, Bilibili rose over 5% and Alibaba increased by over 2% [3] Ctrip Group - Ctrip's stock price was reported at 61.740, reflecting a decline of 18.42%, with a market capitalization of 441 billion [4] - The stock's performance indicated a significant drop of 13.940, translating to a percentage decrease of 18.42% [4] Banking Sector - Bank stocks generally fell, with Wells Fargo and Bank of America both declining over 3% [3] Gold Sector - Gold stocks saw a rise, with Coeur Mining and AngloGold both increasing nearly 3% [3]

1月14日晚间，天普股份公告，公司于1月14日收到上交所问询函，涉及公司主营业务及高管任职资格等 问题。 问询函要求公司及相关方核实并说明中昊芯英相关人员当选公司董事、高级管理人员的主要考虑，对上 市公司原有业务的经营管理规划，相关人员是否具备任职能力；相关安排是否有利于上市公司主营业务 发展，是否符合上市公司利益；相关方对上市公司主营业务的计划是否已发生重大变化，相关安排是否 与前期已披露内容存在冲突。 同时，问询函还要求公司及相关方结合境内外主要资本市场IPO条件充分论证中昊芯英原董事会秘书和 CFO任职天普股份对其独立IPO计划的潜在影响，相关事项是否将构成中昊芯英独立IPO的实质障碍； 相关安排是否与前期已披露内容存在冲突，相关计划是否已发生重大变化。 此外，问询函还要求公司及相关方明确说明康啸、陈捷闻受聘上市公司高级管理人员后的其他兼职情 况，是否仍在中昊芯英及其他相关公司担任职务、领薪，或实际承担相关工作；如是，应明确说明是否 违反相关规则及前期承诺，是否损害上市公司的人员独立性，并立即进行整改。 最后，问询函要求公司严肃、认真对待立案事项，审慎评估立案事项对相关董事、高级管理人员任职资 格的影响 ...

为严把金融准入关口，规范市场秩序，强化对非法金融活动的源头管控，按照全国统一部署要求，国家 金融监督管理总局广东监管局会同各相关部门对辖内经营主体进行全面摸排，并于1月12日公示了省内 （不含深圳）61家未经批准使用"金融控股""金融集团"等字样及名称中含有"金控"字样的经营主体。 2026.01.14 本文字数：1011，阅读时长大约2分钟 作者 |第一财经 安卓 近日，广东再度出手整顿未经批准的"金控"公司。 第一财经查阅发现，这61家被点名的"金控"公司，或是从事融资租赁业务、或是从事商业保理业务、或 为投资咨询公司、或为私募基金、或完全与金融业务不搭边。比如一家名为"广州金控物业管理"的公 司，公开资料显示这是一家物业公司。 去年11月，国家金融监督管理总局深圳监管局就已清理过553家未经批准的"金控"公司。两轮整顿过 后，超600多家公司将退出"金控"市场。 不止广东，2025年12月15日，国家金融监督管理总局重庆监管局也公开发布了《关于清理规范"金融控 股""金融集团""金控"等字样经营主体的公示》，披露重庆有14家企业的名称中含有未经批准的相关字 样。 数据显示：2020年之前，全国有4000 ...

Group 1 - Multiple A-share companies have issued announcements regarding abnormal stock price movements, indicating potential applications for trading suspension if prices continue to rise [1] - Guangyun Technology reported a significant deviation from the market index, with a high risk of speculation due to a 20% price increase and two consecutive trading days of limit-up [2] - Youbang Ceiling announced a cumulative price increase of 103.76% over nine trading days, indicating severe abnormal trading fluctuations and potential for trading suspension if prices rise further [4] Group 2 - Zhuoyi Information stated that its AI programming products are still in the market introduction phase, lacking a stable revenue source, and have experienced over 100% cumulative price deviation over ten trading days, indicating high speculation risk [6] - Yili Media reported a 104.03% cumulative price increase over ten trading days, with concerns about irrational market speculation and a lack of a mature business model for its GEO business, which has not generated related income [8]