Market Overview - A-shares showed a rebound after hitting a low, with the ChiNext Index and Shanghai Composite Index turning positive after earlier declines [1] - The total market turnover for the half-day was 1.89 trillion yuan, a decrease of 325.2 billion yuan compared to the previous trading day, with over 4,400 stocks declining [1] Index Performance - Shanghai Composite Index: 4134.03 (+1.43, +0.03%) [2] - Shenzhen Component Index: 14262.96 (-53.67, -0.37%) [2] - ChiNext Index: 3333.91 (+14.76, +0.44%) [2] - Total A-shares: 6815.06 (-31.46, -0.46%) [2] Precious Metals Sector - The precious metals sector saw a rebound, with China Gold achieving three consecutive trading limit increases and Hunan Gold achieving two [3] - Hunan Silver quickly turned positive after previously hitting the trading limit [3] Precious Metals Prices - Global precious metals market experienced significant fluctuations, with gold prices reaching approximately $5070 per ounce and silver prices at $111 per ounce [5] - The report from Huawen Futures suggests that the investment attributes of gold and silver may strengthen due to the weakening of the US dollar's credibility [5] CPO Concept Performance - The CPO concept stocks performed actively, with Yuanjie Technology rising over 10% to reach a historical high, and Huilv Ecology hitting the trading limit [5] - A report indicated that the revenue from the data communication optical module market is expected to exceed $18 billion by 2025, driven by AI [5] Storage Chip Sector - The storage chip sector also showed strong performance, with Puran shares rising over 12% to a new high and Hengsuo shares increasing over 10% [6] - Samsung Electronics announced a price increase of over 100% for NAND flash memory supply in Q1, significantly exceeding market expectations [6] Commercial Aerospace Sector - The commercial aerospace sector rebounded, with Electric Science Chip (600877) hitting the trading limit and Western Materials also reaching the limit [7] - Zijin Mining's trading volume reached 20 billion yuan, with a 4.03% increase, bringing its market value to over 1.2 trillion yuan [7] Zijin Mining Acquisition - Zijin Mining announced an agreement to acquire Allied Gold Corporation at a cash price of 44 Canadian dollars per share, totaling approximately 5.5 billion Canadian dollars, equivalent to about 28 billion yuan [8]

视频丨柳润瑛 我国首个万亿GDP地市辖区来了。 1月27日，深圳市南山区八届人大六次会议开幕。南山区区长李小宁作政府工作报告时透露， 2025年南山区GDP预计超万亿，成功迈入"万亿城区"。 记者丨陈思琦 编辑丨孙超逸 根据政府工作报告，2025年，南山区向"新"而行，将最优资源投向最新未来，各种"现象级创 新"不断涌现。具体包括：创新推出"六个一""六个券"政策体系；大湾区首个人工智能生态社 区"模力营"集聚成势，199家AI新锐企业入营深造；"机器人谷"品牌凸显，200多家机器人企 业集聚发展；"独角兽走廊"声名鹊起，80余家高成长企业屹立潮头。 出品丨21财经客户端 21世纪经济报道 编辑丨黎雨桐 上海百亿奶酪龙头，61岁女老板被免职 安踏成彪马最大股东，股价拉升超3% 全国首个秒级通关模式，落地广东 SFC 21君荐读 2018年，上海浦东作为国家级新区GDP首破万亿；2022年，北京海淀作为地市级区GDP破万 亿。如今，全国第三个"万亿城区"花落深圳南山。 21世纪经济报道记者梳理发现，1990年建区时，南山区GDP仅78亿元，到2005年突破千亿， 用时15年；2010年迈上第二个"千亿"，仅用5 ...

广货行天下，当前广东制造正以多元优势走向全球。普渡机器人拿下2026年全国出口"第一 单"，其智能服务机器人从深圳口岸出发远销东盟、欧盟；雷鸟创新带着全球首款支持eSIM功 能的双目全彩AR眼镜，勇闯CES展会；以创想三维、拓竹科技为代表的企业则依托供应链与 技术优势，占据全球九成入门级3D打印市场。 数据进一步印证了这一趋势：1月26日举行的广东省十四届人大五次会议上，广东省政府工作 报告透露， 2025年进出口总额突破9万亿元 。同时，广东提出全省2026年全年进出口总额增 长3%左右的目标，明确推动货物贸易持续稳定发展、推动服务贸易抢抓机遇加快发展等，当 好国家高水平对外开放门户枢纽。 具体而言， 2025年广东外贸进出口同比增长4.4%，规模连续40年居全国首位，对全国外贸增 长贡献率达24.1%，居全国第一。 在此基础上，多个广东外贸企业受访时表达了对2026年出 口形势的信心。中国人民大学重阳金融研究院研究员刘英向南方财经记者分析，从广东的部署 看，2026年广东外贸将聚焦"稳规模、优结构、提质量"，依托粤港澳大湾区开放枢纽作用推动 高质量、高技术、高附加值产品出口，加快从出口导向转向全球资源配置 ...

作者 丨贺泓源 实习生徐鸿儒 编辑丨高梦阳 蒙牛对妙可蓝多的控制或步入新阶段。 1月25日， 总部位于上海的 妙可蓝多公告，柴琇被免副董事长、总经理及法定代表人职务，但继续担任公司董事。同时，公司聘任蒯玉龙为总 经理，法定代表人相应变更为蒯玉龙，其不再兼任公司行政总经理。 61岁的柴琇为妙可蓝多创始人。 | | | | | | 是否继续在 | 날 体 | 是否存在 | | --- | --- | --- | --- | --- | --- | --- | --- | | 姓名 | 离任 | 离任 | 原定任期 | 离任 | 上市公司 | | 未履行完毕的 | | | 职务 | 时间 | 到期日 | 原因 | 及其控股子公司 | 职 | 公开承诺 | | | | | | | 任职 | 务 | | | 柴珍 | 副重事 长、总经 理以及 | 2026 年 1月23日 | 2027 年 11月17日 | 免职 | 是 | ロ 書 | 是 | | | 法定代 | | | | | | | | | 表人 | | | | | | | | | 行政总 | 2026 年 | | 工作 | | 直 事 1 | | | | | | ...

据新华社报道，记者1月27日从人力资源社会保障部获悉，我国将实施稳岗扩容提质行动，推 出重点行业就业支持举措，出台应对人工智能影响促就业文件。强化重点群体就业支持，印发 高校毕业生等青年就业文件，出台统筹城乡就业体系意见，建立常态化防止返贫致贫就业帮扶 机制。 来源丨新华社 编辑丨黎雨桐 安踏成彪马最大股东，股价拉升超3% 全国首个秒级通关模式，落地广东 SFC 21君荐读 ...

记者丨贺泓源 编辑丨陶力 1月27日，安踏集团宣布，与Pinault家族的投资公司Groupe Artémis 达成购股协议， 收购全球标志性运动品牌彪马（PUMA）所属公司PUMA SE 29.06%的股权。现金对价为15亿欧元。 该次交易预计有望于2026年底前完成，但仍需要得到相关监管部门批准及满足惯例交割条件。此次股权收购资金全部来源于安踏集团的内部自 有现金储备。 受上述消息影响，27日上午，安踏港股开盘一度大涨超3%。 安踏集团董事局主席丁世忠表示：" 收购彪马的股权成为最大股东， 是安踏集团深入推进'单聚焦、多品牌、全球化'发展战略的重要里程碑。 彪马是具有标志性意义的全球知名品牌，有着深厚的品牌资产。我们期待与彪马公司相互学习并分享经验，携手合作充分释放其品牌势能。这 将有助于进一步推动安踏集团的全球化进程，促进包括中国在内的全球体育产业繁荣，同时为全球消费者和利益相关者创造长期价值。" 此外，安踏集团强调，其充分尊重彪马的管理文化，以及彪马作为德国上市公司的独立治理架构。交易完成后，安踏体育拟寻求向监事会委派 合适的代表，后者将与其他监事会成员及员工代表密切协作，同时致力于保持彪马深厚的品牌 ...

Core Viewpoint - The article highlights the significant advancements in the Guangdong-Hong Kong-Macau Greater Bay Area (GBA) regarding seamless cross-border connectivity, emphasizing the successful implementation of "no-sense customs clearance" that enhances efficiency and transforms daily life for residents [1][5][12]. Group 1: Connectivity Milestones - The Hong Kong-Zhuhai-Macao Bridge has achieved a historic milestone with over 100 million cross-border entries and exits, marking it as a vital infrastructure for the GBA [1]. - The "no-sense customs clearance" system allows for smooth transitions across different customs zones, as demonstrated during the cycling event that spanned 231.8 kilometers without any stops [3][5]. Group 2: Policy and Implementation - As of January 9, over 200,000 vehicles have been registered for the "two vehicles northbound" policy, with more than 800 private cars from Guangdong successfully registered to travel to Hong Kong [7]. - The GBA's vision of a "one-hour living circle" has become a reality, with foreign travelers exceeding 569,000 in 2025, reflecting a 28.7% year-on-year increase [8]. Group 3: Integration and Collaboration - The achievement of 100 million customs clearances is not only a result of physical connectivity but also highlights the depth of soft connectivity through the implementation of 262 regional standards and 187 cross-border administrative services [10]. - The integration of the GBA is characterized by a shift towards a collaborative environment, where barriers are gradually dismantled, allowing for a more efficient and enriched daily life for its residents [12][14].

1月26日，国新办举行新闻发布会，介绍2025年商务工作及运行情况。 商务部副部长鄢东指出，2025年，商务发展总体平稳、稳中有进，为经济持续回升向好作出积 极贡献。坚持惠民生和促消费紧密结合， 全年社会消费品零售总额首次突破50万亿元，达到 50.1万亿元，增长3.7%，消费对经济增长的贡献率达到52%。 在拓展双向投资空间方面， 全年新设外资企业7万余家，增长19.1%，吸收外资7476.9亿元， 其中高技术产业引资占比32.3%。 在对外投资方面，推动产供链国际合作，促进贸易投资一体 化，深化"一带一路"经贸合作。 近年来，中国企业出海的力度和广度不断提升，对海外服务的需求也日益增长。商务部外国投 资管理司负责人王亚表示，下一步，商务部将会同有关部门以"国家平台+地方港+海外站+专 业机构"为工作重点，加快打造央地联动、区域协同、资源集聚、内外贯通的立体化、全链条 海外综合服务生态。 王亚同时透露，国家层面海外综合服务大平台将于近期在商务部网站上线。 消费成为经济发展"主引擎" 2025年，全国商务系统大力推进提振消费专项行动，深入实施消费品以旧换新，推动服务消费 高质量发展，组织开展"购在中国"系列活 ...

光伏锂电设备龙头预告2025年业绩大幅上升，赴港二次上市进程提速。 1月25日晚，先导智能（300450.SZ）公告，2 025年度预计归属于上市公司股东的净利润为15-18亿元，同比大幅增长424.29%—529.15%。 其 中，第四季度预计实现归属于上市公司股东的净利润为3.14—6.14亿元，而去年同期亏损3.22亿元。 强劲业绩表现和涉足固态电池、钙钛矿等热门题材推动公司市值在去年一度重返千亿水平，去年内股价涨幅更是超150%。截至1月26日，公司 最新市值为969亿元。 锂电需求回暖 先 导 智 能 的 其 核 心 客 户 囊 括 全 球 顶 级 电 池 厂 商 与 整 车 厂 ， 包 括 比 亚 迪 、 LG Energy 、 特 斯 拉 、 大 众 等 ； 在 光 伏 领 域 则 为 通 威 股 份 （600438.SH）、隆基绿能（601012.SH）等龙头提供设备。 记者丨 费心懿 编辑丨骆一帆 从行业来看，2025年，光伏和锂电产业都进入了激烈的博弈期，而相关设备厂商业绩出现了显著的分野。 锂电设备领域，复苏信号向上传导，尤其在第四季度。激光装备智造龙头海目星（688559.SH）的年报 ...

Core Viewpoint - Baidu Intelligent Cloud is signaling an aggressive strategy shift, aiming for a 200% growth in AI-related revenue by 2026, up from a previous target of 100%, as it seeks to dominate the AI cloud market [2]. Group 1: Market Position and Strategy - The global AI cloud market is projected to exceed $400 billion by 2030, indicating significant growth potential [2]. - Baidu has established a complete industrial chain from AI chips to cloud infrastructure and applications, positioning itself uniquely in the AI cloud market [2]. - The shift from traditional cloud to AI cloud is emphasized, with a focus on "soft and hard integration" as a key competitive advantage [2]. Group 2: Historical Context and Development - Baidu's strategy of integrating cloud computing, big data, and artificial intelligence began in 2015, which was considered ahead of its time [3]. - The development of the Kunlun chip was initially aimed at solving internal computational bottlenecks, laying the groundwork for Baidu's future in AI cloud [3]. - Baidu's current capabilities in AI cloud are a result of ten years of strategic investment and development [3]. Group 3: Technological Advancements - In 2025, Baidu successfully activated a 30,000-card cluster capable of training large models, marking a significant milestone in its engineering capabilities [4]. - The Kunlun chip's evolution continues, with new generations being introduced to enhance performance and cost-effectiveness [6]. - Baidu's "百舸AI计算平台" optimizes the use of its chips, achieving a 98% effective training duration, showcasing the importance of software-hardware synergy [8]. Group 4: Application and Market Impact - Baidu's AI models, such as Wenxin 5.0, have reached a parameter scale of 2.4 trillion, providing robust support for complex applications [9]. - The "秒哒" application has generated over 400,000 applications by the end of 2025, demonstrating the practical utility of Baidu's technology [10]. - Baidu's AI solutions have been successfully implemented in various sectors, including finance and logistics, enhancing operational efficiency [10]. Group 5: Competitive Landscape - In 2025, Baidu led the bidding market for AI-related projects, securing 109 projects worth approximately 900 million yuan, outperforming competitors [12][13]. - Baidu's client base includes a significant portion of state-owned enterprises and major financial institutions, indicating strong market trust [14]. - The shift in client expectations from basic AI interactions to deeper integration into core business processes highlights Baidu's competitive edge [14]. Group 6: Future Outlook - The competition in the AI cloud market is evolving into a "system war," where comprehensive integration of hardware and software is crucial for success [16]. - Baidu's goal for 2026 reflects a culmination of its decade-long technological journey and aims to validate its strategic direction [16].