Core Viewpoint - The launch of ByteDance's Seedance 2.0 video generation model has significantly impacted the AI video creation landscape, leading to increased user engagement and a surge in related A-share stocks [2][4]. Group 1: Seedance 2.0 Launch and User Experience - Seedance 2.0 was released for limited testing and quickly gained popularity, causing a spike in user activity and related stock prices [2]. - Users reported long wait times for video generation, with over 1,000 users in the queue at one point, and some videos taking up to 8 hours to generate [2][4]. - The app experienced delays and failures in video generation, prompting the team to address user concerns and optimize the system [4]. Group 2: Technical Advancements and Industry Impact - Seedance 2.0 is noted for its ability to replicate "master-level" cinematography and perform complex actions, significantly improving upon previous models [5][6]. - Industry professionals believe that Seedance 2.0 represents a major leap in AI's ability to understand and integrate multimodal information, potentially revolutionizing the animation and film industries [6][7]. - The technology is expected to disrupt traditional content production, with predictions that over half of filming tasks could be replaced by AI in the future [7]. Group 3: Cost and Efficiency Improvements - The advancements in AI video generation are projected to drastically reduce production costs and time, with high-end advertisements potentially being produced in just a few hours at a fraction of the previous costs [9]. - The AI content industry is rapidly evolving, with successful AI short films and animations emerging, and several A-share companies are actively pursuing AI content production [9]. Group 4: Future of the Industry - The rapid development of AI tools is seen as both a challenge and an opportunity for the film industry, with the potential for significant cost reductions and increased output [8][9]. - Industry leaders suggest that embracing AI technology could help the film industry close the gap with Hollywood and even achieve competitive advantages in the coming years [8].

Core Viewpoint - The Hong Kong Securities and Futures Commission (SFC) warns the public to be vigilant against fraudsters impersonating well-known stock analysts, promising guaranteed high returns on investments, leading citizens into investment scams [1][2]. Group 1: Scam Mechanism - Fraudsters impersonate reputable investment experts to promote and "hype" low market capitalization or low liquidity stocks, providing false "insider information" or investment tips to lure investors into buying shares at artificially inflated prices [1]. - Once the stock price rises significantly, fraudsters quickly "dump" their shares for profit, leaving investors with substantial losses when the stock price plummets [1]. - In some cases, victims are misled into trading on fake platforms or applications, ultimately unable to withdraw their funds [1]. Group 2: Follow-up Tactics - After victims incur financial losses, fraudsters may contact them again, claiming that an additional "margin" or "fee" is required to receive "compensation" [1]. - Once victims deposit the requested funds into specified accounts, they lose contact with the fraudsters [1]. Group 3: Identity and Trust Issues - Most investors are unaware of the true identities of those encouraging them to buy shares or the reliability of the information provided [1]. - Fraudsters may use fake social media accounts, forged documents, or impersonate popular stock analysts to gain trust [1].

近年来，国务院国资委全力推进中央企业"AI+"专项行动，推动中央企业找准与人工智能技术和产业发展 趋势的结合点和突破口，实现高价值应用场景加快落地、数据集共建共享稳步推进、智能算力供给能力持 续提升、自主可控模型构建加速突破、开源开放产业生态不断完善，发展人工智能产业取得了明显成效。 来源：新华社 责编：刘珺宇 校对：高源 国务院国资委日前提出，中央企业要强化投资牵引，积极扩大算力有效投资，推进"算力+电力"协同发 展，提升全链条数据治理能力，不断夯实人工智能产业基础底座。 百万用户都在看 美联储，突发！美国财长，紧急发声！ 央行，重磅发布！商业航天，大消息！算力，利好！脑机接口，重大突破！影响一周市场的十大消息 利好来了！刚刚，福建重磅发布！ 重大信号！49万亿巨头，批量减持！ 记者11日获悉，国务院国资委日前召开中央企业"AI+"专项行动深化部署会。此次会议上，国务院国资委 提出央企要强化自主创新，着力突破关键核心技术，持续攻关"大模型"技术，推动更多自主创新成果从样 品变成产品、形成产业；要强化场景培育，加强人工智能与主责主业、产业需求的精准对接，在高适配、 高价值、高可靠上下更大功夫，推动人工智能规模 ...

2026年春节假期即将开启，商务部等9部门已于日前印发《2026"乐购新春"春节特别活动方案》，从吃住行 游购玩全链条指导各地推出覆盖9天春节假期的"乐购新春"活动。 2月11日，商务部副部长盛秋平在国新办新闻发布会上透露，目前各地已经安排20.5亿元资金，在9天假期内， 通过发放消费券、补贴、红包等形式，直接惠及广大消费者。 真金白银的实惠从哪领？ 据盛秋平介绍，商务部按照"政策+活动"双轮驱动的原则，举办"乐购新春"春节特别活动，将在春节期间推出 一批含金量高的政策礼包，促进节日消费。 概括起来，广大消费者可领取三重真金白银的大礼包： 首先是以旧换新。首批625亿元国补资金已到达各地商务部门，春节9天假期内，各地将加大补贴投放，充分保 障消费者按政策要求申领补贴。 第二重"好礼"来自有奖发票。近期商务部、财政部、税务总局确定在50个城市开展有奖发票试点，半年实施期 内将发放100亿奖补资金。其中春节9天假期的奖金规模将超过10个亿。广大消费者在试点城市购物、就餐、旅 游、住宿等取得票面金额在100元以上的发票均可参与抽奖。 （有奖发票试点城市名单） 最后是来自金融机构的支持。盛秋平表示，人民银行、金融监管 ...

Core Viewpoint - The article highlights a significant increase in U.S. non-farm employment in January, which has led to a shift in market expectations regarding the Federal Reserve's interest rate decisions, with a focus now on inflation trends rather than rate cuts [1][7]. Employment Data - The U.S. non-farm employment increased by 130,000 in January, significantly surpassing the expected increase of 70,000 and the previous month's increase of 50,000 [2][3]. - The unemployment rate fell to 4.3%, lower than the expected 4.4% and marking the lowest level since August 2025 [3][9]. Market Reactions - Following the employment data release, U.S. stock index futures rose, with the Dow Jones futures up by 0.51%, S&P 500 futures by 0.6%, and Nasdaq 100 futures by 0.88% [3]. - The U.S. dollar index saw a sharp increase, rising by 0.43% before narrowing its gains, while U.S. Treasury yields also increased, with the 2-year yield at 3.535%, the 10-year yield at 4.2%, and the 30-year yield at 4.83% [5]. Federal Reserve Expectations - Traders have adjusted their expectations for the Federal Reserve's interest rate cuts, moving the anticipated cut from June to July, with the probability of a 25 basis point cut in March dropping from 19.6% to 6% [1][9]. - The market is currently pricing in a total rate cut of 50 basis points for 2026, down from 60 basis points prior to the employment data release [7]. Labor Market Insights - The report indicates that sectors such as healthcare, social services, and construction saw job increases, while federal government and financial sectors experienced job losses [7]. - Specifically, the healthcare sector added over 123,000 jobs, manufacturing added 5,000 jobs, and private education added approximately 13,000 jobs, while the federal government reduced its workforce by 34,000 [7]. Analyst Perspectives - Analysts view the employment report as largely positive, with better wage and hours data being crucial for sustaining consumer spending [8]. - There are indications of tightening in the labor market, but analysts believe there is still a way to go before it fully stabilizes [8].

暴跌、熔断 当地时间2月11日，欧洲股市开盘后，达索系统股价大幅跳水，盘初触发熔断机制，短暂交易暂停，一度暴跌 超21%，接近创下上市以来最大盘中跌幅，截至发稿，跌幅仍超19%。 欧洲巨头股价突然闪崩。 受业绩不及预期影响，欧洲工业软件巨头、英伟达供应商——达索系统（Dassault Systemes SE）股价大幅走 低，日内最大跌幅超21%，一度触发熔断机制。消息面上，该公司披露的财报显示，2025年第四季度业绩及 2026年业绩指引均不及预期。 有分析认为，面对来自AI（人工智能）工具的竞争，达索系统的疲弱业绩指引进一步加剧了市场对公司护城 河收窄的担忧情绪。在此之前，因AI冲击，软件即服务（SaaS）行业一度遭遇猛烈抛售，这一威胁正蔓延至 财富管理、保险经纪等行业，相关个股股价全线重挫。 消息面上，该公司最新披露的财报，达索系统2025年第四季度录得营收16.8亿欧元（约合人民币962亿元）， 同比下降4.1%，低于市场预期的17.4亿欧元；第四季度调整后每股收益也不及市场预期。 业绩指引方面，达索系统预计2026年non-IFRS（非《国际财务报告准则》）营收增幅为3%至5%，亦不及分析 师的一致预 ...

百万用户都在看 美联储，突发！美国财长，紧急发声！ 央行，重磅发布！商业航天，大消息！算力，利好！脑机接口，重大突破！影响一周市场的十大消息 利好来了！刚刚，福建重磅发布！ 重大信号！49万亿巨头，批量减持！ 违法和不良信息举报电话：0755-83514034 邮箱：bwb@stcn.com 来源：第一财经 责编：刘珺宇 校对：高源 盖茨基金会主席比尔·盖茨2月11日傍晚意外现身上海张江，出席了一场名为"行动创造希望"的活动。该 活动聚焦全球健康与发展议题，期间盖茨还与纪录片导演周轶君展开对话。据记者从盖茨基金会获悉，盖 茨此次访华旨在了解中国合作伙伴在传染病防控、母婴与儿童健康、农业等关键领域的最新进展，并探讨 如何将相关经验与技术更好地应用于以中低收入国家为主的国际社会，以推动全球健康与发展取得切实成 果。此次访问是盖茨继2023年6月之后，时隔约两年半再次到访中国。 券中社 × 券商中国 券 中 社 扫码下载券中社APP 扫码关注券商中国公众号 quanshangcn qzs.stcn.com 舞中 券中社APP 券 商 中 国 是 证 券 市 场 权 威 媒 体 《 证 券 时 报 》 旗 下 新 媒 ...

Macro Dynamics - The State Council has issued an implementation opinion to enhance the national unified electricity market, aiming to increase the scale of cross-provincial and cross-regional power transmission and the proportion of clean energy delivery over the next 5-10 years [2] - The implementation opinion emphasizes the need to improve the electricity trading system and promote market transactions between State Grid and Southern Grid, while also encouraging more private enterprises to participate in the electricity market [2] Tax Policy - The Ministry of Finance and other departments announced that the import VAT preferential policies for anti-cancer and rare disease drugs will continue from January 1, 2026, to December 31, 2027 [3] Consumer Initiatives - The Ministry of Commerce, in collaboration with nine departments, has planned a "New Spring" special event to distribute a total of 2.05 billion yuan in consumer vouchers, subsidies, and red packets during the Spring Festival [5] Market Data - From February 1 to 8, the national retail sales of passenger cars reached 328,000 units, a year-on-year increase of 54%, while wholesale sales were 284,000 units, up 46% year-on-year [7] - The A-share market showed mixed results, with the Shanghai Composite Index up 0.09% and the ChiNext Index down 1.08% [9] - The Hong Kong stock market saw the Hang Seng Index rise by 0.31% and the Hang Seng Tech Index increase by 0.9% [11] Company Dynamics - Tianji Co., Ltd. is under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure, but the company states that its operations remain normal [13] - Unigroup plans to raise no more than 5.57 billion yuan through a private placement to acquire a 6.98% stake in New H3C and for other projects [14] - NetEase reported a total revenue of 112.6 billion yuan for the year 2025, with R&D investment reaching 17.7 billion yuan, marking six consecutive years of over 10 billion yuan in R&D spending [16]

近期，上市公司春节前分红持续推进。 2025年12月至2026年1月底，沪深北证券交易所235家上市公司在春节前两个月实施春节前分红，金额合计3488 亿元，已超2025年春节前分红总额3446亿元，再创新高。叠加今年2月分红，春节前分红金额还将继续增长。 越来越多的上市公司加入春节前分红的大军中，一方面体现了上市公司整体盈利能力的提升，另一方面也展现 出上市公司股东回报意识的强化，这是监管部门鼓励的方向，也是上市公司治理能力提升的表现。中金公司研 究部首席国内策略分析师李求索表示，市场正朝着强化股东回报、平衡投融资关系的方向稳步发展，为市场建 立长期稳定回报机制奠定了良好基础。 分行业来看，金融和大消费行业继续成为分红主力。银行业春节前分红2434亿元，占比近七成，招商银行、兴 业银行首次加入春节前分红大军，大手笔派发共375亿元"红包"；保险业合计分红54亿元，11家券商分红55亿 元。茅台、五粮液、海天味业等大消费龙头合计分红448亿元。 头部企业更显积极。数据显示，长江电力、立讯精密、中信证券、国信证券等千亿元市值公司拟派息金额均超 10亿元，其中长江电力拟派息金额超51亿元，居此次分红之首。凭借优质 ...

2月11日，社交媒体网络上广泛流传一张截图，称光模块公司订单路径发生改变，CSP绕过公司（如中际 旭创），通过下单给 上游的 激光设备公司 Lumentum，再经Lumentum指定模组/组装厂的方式，跳过 中间层下单，从而压缩中国模组厂的毛利。 截至2月11日收盘，中际旭创下跌4.28%， 报收531.91元/股。 综合自：中际旭创等 责编：刘珺宇 校对：高源 百万用户都在看 中际旭创在互动平台表示，光模块产品由光模块厂商按照CSP客户对数据中心网络的需求进行定制化开发 和设计，需要光模块厂商拥有高效的研发技术能力和成熟的制造工艺、充足的产能和大规模制造与交付能 力，且经过CSP客户严格的产品送测、资格认证和审厂后才能成为CSP客户供应链上的合格供应商。因 此，CSP客户会直接下订单给公司，由公司制造后直接交付给CSP客户，这个商业模式并没有改变。不存 在所谓的CSP客户下订单给上游光芯片厂，跳过公司等中间层再转单给光芯片指定的模组/组装厂生产的 情形。 利好来了！刚刚，福建重磅发布！ 央行，重磅发布！商业航天，大消息！算力，利好！脑机接口，重大突破！影响一周市场的十大消息 重大信号！49万亿巨头，批量减持 ...