美国高级经济学家大卫·布莱尔（David Blair）、复旦大学管理学院科创中心首席经济学家邵 宇，以及招商基金首席经济学家李湛，在本期《全球财经连线》中，围绕中国经济运行的内在 逻辑与未来增长动能，进行了深入解读。 此前，中国首席经济学家论坛理事长连平在接受南方财经记者采访时表示，在内需偏弱、外部 风险增加的情况下，能保持5%左右的增速并不容易，足以体现中国经济的韧性。他指出，最 值得关注的重点之一是结构的变化——高技术产业和战略性新兴产业增速明显快于传统产业， 正在为经济注入新动能，推动经济向更高质量方向发展。 从国际视角看，渣打银行财富管理部全球首席投资总监布思哲在接受南方财经记者采访时指 出，通胀已经出现企稳回升的迹象，这对中国经济是一个"很重要的积极信号"。因为名义GDP 的改善不仅能缓解债务压力，也能增强投资和消费的动力，让经济更有"持续性"。 从数据层面看，2025年工业、服务业回升态势稳健，消费与外贸也保持韧性。连平认为，出口 的结构在优化，服务消费和新型消费增长较快，高技术产业的比重在提升，这些都在成为新的 增长支撑。 记者丨 杨雨莱 李依农 编辑丨施诗 在全球经济增长乏力、不确定性持续上升 ...

Market Overview - On January 23, A-shares saw all major indices rise, with the Shanghai Composite Index up 0.33% to 4136 points, the Shenzhen Component Index up 0.79%, and the ChiNext Index up 0.63% [1] - The total market turnover reached 3.12 trillion yuan, an increase of 401.7 billion yuan from the previous trading day, with over 3900 stocks rising and 122 stocks hitting the daily limit [1] Index Performance - The Shanghai Composite Index closed at 4136.16, up 13.59 points (+0.33%) - The Shenzhen Component Index closed at 14439.66, up 112.61 points (+0.79%) - The ChiNext Index closed at 3349.50, up 20.86 points (+0.63%) - The North Star 50 Index saw a significant increase of 3.82% [2] Sector Analysis - The A-share market showed a divergence in performance, with the Shanghai 50 Index dropping over 1% and sectors like insurance and banking leading the decline [3] - Notable declines included New Yi Sheng, which fell over 6%, while Guosheng Technology saw a rise of over 3% after a previous surge [3] Commodity Market - Domestic commodity futures experienced widespread gains, with lithium carbonate futures surpassing 180,000 yuan per ton, marking a rise of over 6% [4] - Gold and silver prices continued to rise, with spot gold stabilizing at 4950 USD per ounce and spot silver nearing 100 USD, showing an intraday increase of nearly 3% [4] Solar and Aerospace Sector - The solar energy sector, particularly in space photovoltaic technology, saw a significant surge, with companies like Longi Green Energy and others experiencing limit-up gains [6] - The commercial aerospace sector is also thriving, with stocks like Aerospace Electronics and China Satellite hitting their daily limits [8] - Elon Musk expressed strong support for space photovoltaic technology at the World Economic Forum, indicating plans for significant solar energy production capacity [10] Company Developments - JinkoSolar and Trina Solar are exploring market opportunities in space photovoltaic technology, with advancements in various solar cell technologies [12] - Dongfang Risen highlighted the need for solar wings in satellites to meet market demands, emphasizing the advantages of crystalline silicon photovoltaic cells [13] - Jun Da Co. announced a cash investment of 30 million yuan to acquire a 16.67% stake in Shanghai Xingyi Chip Energy, aiming to enter the low-orbit and space photovoltaic market [13]

记者丨 孙永乐 编辑丨巫燕玲 近期，随着A股"春季躁动"行情展开，沪指突破4100点续创10年新高，过度炒作乃至操纵市场等违法违规行为有所抬头，监管对此严肃查处。 近日，雪球安全中心连发三则涉资本市场违规信息专项整治行动处置公告， 包括"杭州新城路"等被称为"带货三大天王"在内的三批共计22个活 跃大V账号被永久封禁。 雪球大V被重罚逾8 3 0 0万，3年禁入市场 据浙江证监会消息，雪球大V"金浤"因"抢帽子"操纵市场被浙江证监局重罚逾8324万元。 不过，21世纪经济报道记者查询发现，自此事之后，一个坐拥超200万粉丝的名为陈小群的抖音号，简介近日变更为"有人的地方就有江湖，谣 言止于智者，休息了"。 在市场影响力认定上，浙江证监局指出，雪球作为国内头部投资交流平台，"金浤"账号早在2024年9月初粉丝量级就已形成影响力，单篇荐股 文章最高阅读量达808万次。 作为雪球"金浤"账号运营者，金永荣被没收违法所得4162.39万元，并处以同等金额罚款，罚没总额合计8324.78万元。 与此同时，金永荣被采 取3年证券市场禁入措施 。禁入期间内，不得直接或化名、借他人名义，交易证券交易场所上市或挂牌的任何证券。 ...

记者丨高雅宁,陈泽锴 编辑丨叶映橙 近日，泡泡玛特"PUCKY敲敲系列"产品登上热搜。因轻拍即可发出清脆木鱼声，被网友戏称 为"电子木鱼"。目前泡泡玛特官网"毕奇敲敲系列"为搪胶毛绒挂件，该系列盲盒采用6款常规 角色 + 1款隐藏款的配置，单盒售价为99元，整盒（6个）售价为594元。目前官网显示已售 罄。 在某电商平台上潮玩店铺售卖的泡泡玛特毕奇敲敲毛绒挂件隐藏款售价为327元左右，溢价率 高达230%。此外，二手交易平台上该款标价在245元及以上。 产品爆火也传导至资本市场。1月23日上午，截至发稿，泡泡玛特(09992.HK)大涨超7%，现报 222.2港元/股，市值2981亿港元。另外，值得一提的是，1月21日晚间，泡泡玛特发布公告 称，公司当日以9649万港元回购公司50万股股份，回购价格为191.1港元至194.9港元。这是公 司本周内第二次回购股份，累计回购金额近3.5亿港元。 （声明：文章内容仅供参考，不构成投资建议。投资者据此操作，风险自担。） 你会买泡泡玛特毕奇敲敲毛绒挂件吗？评论说说！ 出品丨21财经客户端 21世纪经济报道 编辑丨江佩佩 SFC 21君荐读 日本众议院正式解散 腾讯通报 ...

Core Viewpoint - Beijing is set to achieve a regional GDP of 52,073.4 billion yuan by 2025, marking its transition to a "5 trillion city" alongside Shanghai, under strict constraints of "reduction development" and focusing on innovation-driven growth [1][4]. Group 1: Economic Growth and Industry Contribution - In 2025, the information transmission, software, and IT services industry, along with the financial sector, contributed over 70% to Beijing's economic growth [2][11]. - The GDP growth rate for Beijing in 2025 is projected at 5.4% year-on-year, with the industrial added value for large-scale industries increasing by 6.5% [4]. Group 2: Policy Support and Investment - Beijing plans to invest over 1.5 billion yuan in the first batch of high-precision industry development projects and support for small and medium-sized enterprises, covering over 25 policy support directions [3][4]. - The focus areas for investment include integrated circuits, biomedicine, material energy, information software, and the digital economy [4][5]. Group 3: Future Industry Development - The "Create Winning Future" growth plan will focus on six future industries: future information, future health, future manufacturing, future energy, future materials, and future space [7]. - The plan aims to support innovative products in robotics, integrated circuits, and new materials, addressing challenges in R&D and market validation [5][7]. Group 4: Digital Economy and Consumption - Beijing aims to stimulate digital consumption and cultivate 2-3 leading AIGC digital content companies with revenues exceeding 10 billion yuan [2][12]. - The city will promote the integration of ultra-high-definition audio-visual technology with cultural tourism, expanding smart retail and reverse customization applications [12][13]. Group 5: Computing Power and Infrastructure - By 2027, Beijing plans to build a computing power scale of approximately 200,000 P, enhancing its computing resource supply [8][9]. - The city will optimize the "Galaxy Computing Corridor" project to establish a collaborative computing power supply system, supporting the development of the AI industry [9].

"十五五"规划建议开局启新，AI与机器人加速融合应用、新能源汽车不断向高端突破、企业出 海逐步提质增效、文娱消费多元创新升级，展望2026年，宏观调控如何精准发力？资本市场如 何赋能实体？稳楼市将有哪些新举措？以及哪些产业领域将成为中国经济跃升的关键引擎？ 南方财经号《大咖圆桌会》邀请权威机构、行业专家、优质自媒体等平台创作者，共同为您解 读分析，展望开局之年的经济跃升新图景。 点击进入专题>> 广货行天下 全球开"利是" 马年启新程，财智伴四季丨21财经VIP新春文创礼赠 SFC 2 智能 悦 读 · 权 威 . ry S 扫码点击下载 申请入驻南财号，请点击此处>> 出品丨21财经客户端 21世纪经济报道 编辑丨周湘杰 $$H=\left[{\frac{2\,1\,{\vec{\Xi}}\,{\vec{\Xi}}\,{\vec{\Xi}}}{1\,{\vec{\Xi}}\,{\vec{\Xi}}\,{\vec{\Xi}}}}\right]$$ ...

Core Viewpoint - The AI healthcare sector is experiencing significant growth and interest in 2026, with the AI healthcare index rising over 11% in just 14 trading days, indicating a clear trend in capital market enthusiasm for this sector [1][2]. Market Performance - As of January 22, 2026, the AI healthcare index increased by over 11%, while the CSI Medical Index and Hang Seng Healthcare Index rose by 7.68% and 10.65%, respectively [1]. - Companies like Di'an Diagnostics and Baolait have seen their stock prices surge over 60%, with others like Weining Health and Chengdu Xian Dao also experiencing gains exceeding 30% [1]. Industry Growth Projections - According to Frost & Sullivan, the AI healthcare market in China is projected to grow from 8.8 billion yuan in 2023 to 315.7 billion yuan by 2033, with a compound annual growth rate (CAGR) of 43.1% [1]. Technological Advancements - Major tech companies are actively entering the AI healthcare space, with OpenAI launching a healthcare version of ChatGPT and other firms like Ant Group, Tencent, JD, and ByteDance developing AI healthcare models and applications [5][6]. - AI drug development is identified as the fastest-growing segment within AI healthcare, with companies like Insilico Medicine and WuXi AppTec significantly reducing drug development timelines [6][7]. Commercialization Challenges - Despite the enthusiasm, the commercialization of AI healthcare products is facing challenges, with many companies reporting losses. For instance, 24 out of 47 biomedicine companies forecasted losses or reduced profits for 2025 [10]. - Companies like KingMed Diagnostics and Anbiping are experiencing significant revenue declines, with Anbiping reporting a 28.29% drop in revenue year-on-year [10][11]. Regulatory Developments - Recent government policies are seen as a positive signal for the AI healthcare sector, with initiatives aimed at promoting and standardizing AI applications in healthcare [15][16]. - The National Healthcare Security Administration has clarified pricing for AI-assisted diagnostic services, which is expected to facilitate the integration of AI into routine clinical practice [15][16]. Future Outlook - Industry experts predict that 2026 will be a pivotal year for AI healthcare, with clearer payment structures and stronger financial backing expected to enhance commercialization prospects [16].

高市19日在记者会上表示，将于27日发布众议院选举公告，2月8日进行选举投票。有分析称， 从解散到投票，时间仅隔16天，创下第二次世界大战结束以来的众议院解散到投票间隔时间最 短纪录。 本届日本国会众议院议员的任期原定于2028年10月届满。日本宪法规定，众议院选举后30天 内须召集国会，举行首相指名选举。 来源丨央视新闻 编辑丨江佩佩 商务部：中方制止日本"再军事化"和拥核企图 完全正当合理合法 日债遭急剧抛售，30年来首次进入4时代 SFC 21君荐读 悦 读 · 智 能 权 威 n 扫码 点击 下 载 当天上午，日本首相高市早苗在内阁会议上决定解散众议院。随后，高市早苗及全体阁僚在众 议院解散决议书上签字。 国会例会的一项重要议程是在4月1日新财年开始前审议通过预算案。高市此时解散众议院，审 议预算的正常程序可能将大幅拖延，引发日本各界担忧与批评。日本山口大学名誉教授纐缬厚 表示，高市如果不举行新选举而召开国会例会的话，其内阁很可能会因经济、外交、献金丑闻 等问题遭到严厉质询而失去支持，因此她希望在失分前强化政权进行博弈。 △日本国会（资料图） 当地时间23日下午，日本国会开幕，众议院举行全体会议。众议 ...

Core Viewpoint - In 2025, Tencent's Anti-Fraud Investigation Department identified and dealt with over 70 cases of violations of the "Tencent High Voltage Line," resulting in the dismissal of over 90 individuals, with more than 20 being referred to law enforcement for criminal charges [1][2][3]. Summary by Sections Cases of Asset Misappropriation - He Yongkang from IEG Quality Management Department was found guilty of embezzling company assets and sentenced to 1 year and 2 months in prison, along with a fine of 20,000 RMB [1]. - Qin Yuan from CSIG Smart Industry Department was also convicted of asset misappropriation, receiving a 6-month prison sentence and a fine of 40,000 RMB [1]. - Ye Huahua from the subsidiary Nuclear Entertainment Game Interactive Center was sentenced to 3 years in prison and fined 100,000 RMB for similar offenses [2]. - Wang Mengwei from the subsidiary Tengzhuo R&D Center received a 5-month detention with an 8-month probation and a fine of 10,000 RMB for misappropriating assets [2]. - Multiple individuals from various departments, including CDG and PCG, were found guilty of similar offenses, leading to their dismissal and blacklisting [3][4][5]. Cases of Bribery - Li Xiang from CDG Advertising Marketing Service Line was involved in bribery by soliciting benefits from external companies, leading to his dismissal and referral to law enforcement [2]. - Liu Xiankai and Lin Haiqiang from the former PCG Value-Added Products Department were also implicated in bribery, resulting in their dismissal and blacklisting [3][4]. - Chen Si from CSIG East District Business Department and other employees were similarly found guilty of soliciting benefits from external companies, leading to their dismissal and legal action [3][4]. Theft Cases - Tian Chuanwu from CSIG Cloud Products Department was charged with theft of company assets, resulting in his dismissal and referral to law enforcement [5]. - Mai Jinming from CSIG Information Platform and Service Line was also found guilty of theft, leading to similar consequences [5].

记者丨张嘉钰 编辑丨江佩佩 1月23日，A股市场早盘冲高回落，三大指数一度集体翻绿。截至午盘，沪指涨0.27%，深成 指涨0.24%，创业板指跌0.17%。沪深两市半日成交额1.91万亿，较上个交易日放量2718亿。 盘面上热点快速轮动，全市场超3500只个股上涨。 | 内地股票 | | | | --- | --- | --- | | 行情 | 资金净流入 | 涨跌分布 | | 上证指数 | 深证成指 | 科创综指 | | 4133.58 | 14360.98 | 1879.53 | | +11.00 +0.27% +33.94 +0.24% +14.18 +0.76% | | | | 万得全A | 创业板指 | 北证50 | | 6870.71 | 3322.96 | 1581.62 | | +43.66 +0.64% -5.69 -0.17% +51.38 +3.36% | | | | 沪深300 | 中证500 | 中证A500 | | 4707.04 | 8515.33 | 5925.01 | | -16.67 -0.35% +127.73 +1.52% +13.24 +0.22% | | | | 中 ...