Core Viewpoint - The article discusses the release of the "Guiding Opinions on Further Leveraging the Role of Government Financing Guarantee System to Support Employment and Entrepreneurship" by four government departments, emphasizing the need for enhanced support for labor-intensive small and micro enterprises and key groups in entrepreneurship to boost employment [2][3]. Group 1: Support for Labor-Intensive Small and Micro Enterprises - The opinions propose the establishment of a financing guarantee employment contribution index to quantitatively assess the annual employment impact of government financing guarantee institutions [3]. - A resource allocation mechanism based on employment contribution will be developed, with the national financing guarantee fund considering this index when distributing re-guarantee credit limits [3]. - The opinions call for the innovation of specialized financial products and services tailored for labor-intensive small and micro enterprises, including loans for wage payments and support for businesses affected by tariffs [4]. Group 2: Assistance for Key Groups in Entrepreneurship - The opinions encourage key groups, such as recent graduates and vocational education graduates, to apply for entrepreneurial guarantee loans, ensuring equal access to these financial resources [5][6]. - Government financing guarantee institutions are urged to provide guarantee services for entrepreneurial loans to ten specific employment groups, including graduates, veterans, and rural entrepreneurs [6]. - There is a focus on reducing the comprehensive financing costs for entrepreneurial groups, with local governments encouraged to lower guarantee fees and promote favorable loan interest rates [6][7]. Group 3: Enhancing Efficiency and Support Mechanisms - The opinions advocate for increased fiscal support for entrepreneurial guarantee loans, including interest subsidies and risk compensation [7]. - A "fast approval, fast guarantee, fast loan" mechanism will be established to streamline the loan issuance process, promoting online business models [7]. - The need for innovation in financial products and services while maintaining risk control is emphasized, with a focus on technology-driven solutions for small and micro enterprises [7].

近期，有色金属和贵金属市场连续大涨，铜、黄金、白银等价格接连刷新历史纪录。 12月26日，截至21时，伦敦金价格最高突破4500美元/盎司，年内涨幅超71%；伦敦银价格突破74美元/盎司，年内涨幅逼近 160%；LME铜价则是突破12000美元/吨。国内市场同步上涨，众多小金属更是涨幅惊人。 为了防范市场风险，12月26日，上海期货交易所（下称"上期所"）连发两条通知，一方面提示市场做好风险控制；另一方面 就元旦期间相关品种交易保证金比例、涨跌停板幅度等做出安排。业内人士认为，此举有助于维护市场稳健运行，引导投资 者理性参与。 上期所连发两条通知 上期所在通知中称，近期国际形势复杂多变，有色金属和贵金属品种波动较大，请各有关单位采取相应措施，提示投资者做 好风险防范工作，理性投资，共同维护市场平稳运行。 在另一条通知中，上期所还对黄金白银期货相关合约交易保证金比例和涨跌停板幅度做出调整：自2025年12月30日（星期 二）收盘结算时起，黄金、白银期货合约的涨跌停板幅度调整为15%，套保持仓交易保证金比例调整为16%，一般持仓交易保 证金比例调整为17%； 白银AG2602合约的涨跌停板幅度仍为15%，套保持仓 ...

2026 年元旦、春节将至，中国驻尼泊尔使馆祝广大在尼同胞节日快乐，诸事顺遂！温馨提醒在尼和计 划来尼旅游的中国公民做好行前准备，加强安全防范，平安快乐过节。 一、"五要" （一）提前办理签证。 持普通护照的中国公民来尼需提前申请签证，可登录尼泊尔移民局网站免费办 理（ https://nepaliport.immigration.gov.np/ ），停留期可选择 15/30/90 天，最长可延期至 150 天。持外交和公务护照的中国公民可免签在尼停留 30 天。 （二）做好行前准备。 请提前通过中国领事服务网、"领事直通车"微信公众号或中国驻尼泊尔使馆网 站了解尼移民、海关等政策规定以及目的地天气、交通和治安状况。出发前，将个人有效护照、签证复 印件和行程、同行者信息等告知亲友。 （三）切勿非法私下换汇。 根据尼相关法律规定，私下换汇系违法犯罪行为，可能受到刑事处罚。请 遵守当地相关法律法规，选择正规银行交易，通过合法渠道换汇。近期，多名中国公民向我馆反映因私 下换汇被骗。诈骗分子通过网络平台散布信息，承诺"零手续费优惠换汇"，要求受害人先行支付钱款， 在骗取钱财后将受害人删除拉黑。请在尼同胞切勿图省事、 ...

Core Viewpoint - The Chinese capital market received favorable policy support on December 26, with both the Shanghai and Shenzhen Stock Exchanges announcing a series of fee reduction measures for 2026, expected to exceed 1.9 billion yuan in total [1][5]. Group 1: Shanghai Stock Exchange Measures - The Shanghai Stock Exchange (SSE) announced a notification to waive certain fees for 2026, including the initial and annual listing fees for existing and new companies, and reduced transaction unit usage fees from 45,000 yuan to 30,000 yuan per year starting July 1, 2026 [2][3]. - SSE will also waive transaction handling fees for various types of bonds (excluding convertible bonds) and asset-backed securities, as well as provide discounts on several service fees related to technology and data services [3][4]. - The total expected fee reduction amount for SSE is approximately 1.113 billion yuan [2]. Group 2: Shenzhen Stock Exchange Measures - The Shenzhen Stock Exchange (SZSE) announced fee reductions for 2026, including waiving listing fees for companies and funds, as well as transaction handling fees for bonds (excluding convertible bonds) and asset-backed securities [5][7]. - Additional measures include waiving transaction unit flow fees for funds and bonds, and reducing the service fees for shareholder meeting online voting by half [5][6]. - The total expected fee reduction amount for SZSE is over 800 million yuan [5]. Group 3: Policy Implications - Both exchanges are implementing these measures to support the real economy, enhance market confidence, and promote high-quality development in line with the central government's economic work conference directives [2][6]. - The initiatives are part of a broader strategy to stimulate market activity and provide substantial benefits to market participants and investors [5][6].

党的二十届四中全会围绕全面建成社会主义现代化强国、实现第二个百年奋斗目标，审议通过了"十五五"规划 建议。全会对加快建设金融强国和资本市场高质量发展、推进文化强国建设等作出战略部署，并将坚持党的全 面领导作为"十五五"时期经济社会发展的首要原则，为资本市场未来五年发展提供了根本遵循和行动指南。 站在新的历史起点，泓德基金认为，公募基金作为资本市场的重要参与主体，肩负着服务实体经济、助力居民 财富管理的核心使命，应为资本市场高质量发展、为全面建设社会主义现代化强国贡献基金力量。 编者按： 三十余载砥砺前行，中国资管行业从初步探索到如今跻身全球前列，与经济的蓬勃发展和制度的日趋完善密不可 分。在此期间，公募与私募协同发展的多元生态为资本市场的鼎新革故注入了核心动力，二者的发展始终与国家 改革同频共振，与经济发展浪潮同向而行，与产业升级齐头并进。 站在"十五五"开启的历史节点，二十届四中全会明确的"高质量发展取得显著成效、科技自立自强水平大幅提高"等 目标，为资本市场赋予了更重使命。中国证券投资基金业协会与证券时报·券商中国携手推出本次联名报道，特别 邀请多家国内头部公私募基金高管，从制度创新、市场演进、投资实践等 ...

截至2025年9月末， 渝 农商行的资产总额是16558.1 亿元，增幅 9.3%；客户贷款和垫款总额7779.73亿元，增 幅8.92%；金融投资总额为 6564.98 亿元，增幅4.54%。到这里，关于资产结构两个重要关注点出现了——一是 渝农商行的贷款增速（8.92%）是低于资产增速的（9.3%）；二渝农商行的金融投资总额仅仅比贷款少了约 1214.75亿元，约15.6%。该行金融投资在资产占比高达39.65%，已近四成。 这是一个什么样的资产结构？金融投资占比过高的资产结构。而9月末金融投资占比跟该行6月末相比几乎是持 平的。截至2025年6月末，渝农商行资产总额为16301.31 亿元，其金融投资6517.77亿元，占比为约39.98%。 金融投资，业内也叫"资金业务"，一般包括金融（债券）投资、同业投资、信托与资管产品投资等金融市场投 资业务。引入有较充分数据可查的6月末时点，据记者提取企业预警通数据，披露了金融投资情况的农商行有 二十余家。 渝农商行近期在声誉管理方面的压力，不可谓不大。 市场诸多报道将目光落于其高管代履职超期（行长隋军代为履行董事长职务）；修订公司章程和董事会议事规 则的议案遭 ...

支持商业航天！上交所再出手。 12月26日晚间，上交所正式发布《上海证券交易所发行上市审核规则适用指引第9号——商业火箭企业适用科 创板第五套上市标准》（以下简称《指引》）。 上交所表示，将以《指引》发布为契机，在中国证监会的指导下，着力推进符合《指引》标准的商业火箭企业 在科创板发行上市，以更大力度支持突破关键核心技术的科技型企业发展，持续提升制度包容性、适应性和吸 引力、竞争力，更好服务科技创新和新质生产力发展。 上交所表示，2024年、2025年政府工作报告两次提出推动商业航天产业集群发展。2025年10月，《中共中央关 于制定国民经济和社会发展第十五个五年规划的建议》强调加快建设航天强国，加快航空航天战略性新兴产业 集群发展。 商业航天是推动航天产业发展、建设航天强国的重要力量。商业火箭研制及发射业务作为商业航天中游核心环 节，承担"承上启下"的关键枢纽职能。受到产品技术复杂度高、资金投入大、研发周期长等多种因素影响，我 国商业火箭企业正处于大规模商业化进程的关键时期，急需发挥资本市场的支持作用。 上交所表示，《指引》遵循科创板第五套上市标准相关要求，结合商业火箭领域科技创新实际情况，对明显技 术优势 ...

12月26日，@密度财经 致电周大福官方，其客服表示，该款 "牛马" 黄金吊坠目前仅在线上渠道销 售，近期销量较大；若顾客对款式有异议，会记录并向上反馈，后续会不断优化。 此外，周大福某电商平台客服表示， 该款产品寓意为不怕困难、好运"jia"倍 ， 吊坠上"牛马"字样是 繁体字 。目前，该款产品官方小程序售价3044.7元起。 近日，广东一网友在社媒发帖吐槽周大福"牛马"方圆牌黄金吊坠，直言 "收了这个你就是金牌牛马"， 此帖随即引发热议，冲上热搜。 来源： @密度财经、新快报 责编：刘珺宇 校对： 刘榕枝 百万用户都在看 突然猛拉！光刻机，大消息！ 重大资产重组！A股公司，深夜公告！ 2026年A股休市安排来了 利好来了！摩尔线程，重磅发布 违法和不良信息举报电话：0755-83514034 邮箱：bwb@stcn.com ...

Macro Dynamics - The Ministry of Industry and Information Technology emphasizes the construction of computing power network systems and the implementation of the "millisecond computing" initiative by 2026, focusing on high-quality development in the information and communication industry [2] - The National Entrepreneurship Investment Guidance Fund aims to leverage over one trillion yuan in social capital, with a focus on early-stage investments in hard technology sectors such as AI, biopharmaceuticals, quantum technology, and 6G [3] Company Dynamics - The Shanghai Stock Exchange has released detailed rules for commercial rocket companies under the fifth set of listing standards on the Sci-Tech Innovation Board, aimed at supporting the innovation and development of the commercial aerospace sector [5] - The first national standards for large AI models have been implemented, marking a new phase of scientific authority and unified norms in China's large model industry, with over 95,000 calls made to the model for evaluation tasks [6] - As of November 2023, China's total installed power generation capacity reached 3.79 billion kilowatts, a year-on-year increase of 17.1%, with solar power capacity growing by 41.9% [7] - The official response to the closure of the "Zhengzhou Central Porsche Center" indicates that operations will be suspended, with plans to address employee wages and customer issues within specified timeframes [13] - *ST Chang Pharmaceutical has received a notice of administrative penalty for suspected false financial reporting, which may lead to a significant violation forced delisting [15] - Jiufeng Energy has exclusively supplied liquid hydrogen for the Long March 8 carrier rocket launch, which successfully placed 17 low-orbit satellite internet satellites into orbit [16] - Weichuang Electric plans to establish a joint venture in Thailand with Zhejiang Rongtai to expand the mechatronics market for intelligent robots [17]

Core Viewpoint - The Chinese government has announced countermeasures against 20 U.S. military-related companies and 10 senior executives in response to the U.S. decision to sell weapons to Taiwan, emphasizing that Taiwan is a core interest of China and any provocation will be met with strong retaliation [1][2]. Group 1: Countermeasures Against Companies - The Chinese government will freeze assets and prohibit transactions with 20 U.S. military-related companies involved in arming Taiwan, including Northrop Grumman Systems Corporation, L3Harris Maritime Services, and Boeing in St. Louis [2][6]. - The list of companies also includes Gibbs & Cox, Advanced Acoustic Concepts, VSE Corporation, and several others, totaling 20 firms [6][7]. Group 2: Countermeasures Against Executives - The countermeasures extend to 10 senior executives from the listed companies, including Palmer Luckey (founder of Anduril), John Cantillon (L3Harris), and Michael Carnovale (Advanced Acoustic Concepts) [3][4]. - These executives will have their assets frozen and will be prohibited from entering China, including Hong Kong and Macau [4][7]. Group 3: Legal Basis and Implementation - The countermeasures are based on the "Anti-Foreign Sanctions Law" of the People's Republic of China, specifically citing multiple articles that justify these actions [2][5]. - The measures will take effect on December 26, 2025 [5].