1月23日，中共中央总书记习近平致电苏林，祝贺他当选越共中央总书记。 习近平在贺电中说，越共十三大以来，越南共产党坚定走符合越南国情的社会主义现代化道路，坚持和加 强党的全面领导，团结带领越南人民在社会主义建设和革新事业中取得瞩目成就，越南国际地位和影响力 不断提升。越共十四大成功召开，开启了越南民族发展新纪元，将鼓舞和促进世界社会主义运动发展。相 信在以总书记同志为首的新一届越共中央领导下，越南共产党一定能够带领越南人民团结一心、砥砺奋 进，推动越南党和国家事业取得新的更大成就，胜利完成越共十四大确定的各项目标任务。 看券商中国 知天下财经 F 中越是社会主义友好邻邦，是具有战略意义的命运共同体。我十分珍视中越两党两国关系，愿同总书记同 志一道，加强战略沟通，弘扬传统友谊，坚定推进社会主义事业，引领中越全面战略合作和命运共同体建 设不断结出累累硕果，为两国人民带来更多福祉，为地区与世界和平稳定、发展繁荣作出积极贡献。 来源：新华社 责编：罗晓霞 校对：杨立林 百万用户都在看 尾盘异动！A股，三大信号"闪现" 跨界并购！牛股尾盘，封死涨停！A股又一信号闪现 100%关税！美国，突发威胁！事关芯片，韩国紧急回应 ...

Group 1: Commercial Aerospace Sector - The commercial aerospace sector experienced a significant surge on January 23, with over 40 stocks reaching their daily limit up or showing gains exceeding 10% [1][3] - Key stocks such as Shanghai Port Bay, Jin Feng Technology, and Fei Wo Technology saw sharp increases, contributing to an overall sector gain of over 3% [3] - Recent developments include Blue Arrow Aerospace's IPO status changing to "inquiry" on the Shanghai Stock Exchange, marking a significant step towards becoming the first commercial rocket company listed on the Sci-Tech Innovation Board [3] - Beijing Chuan Yue Zhe's announcement of the "Chuan Yue Zhe No. 1" manned spacecraft and its plans for commercial space tourism, with expectations for its first manned flight by 2028, further fueled interest in the sector [4] - The sector is expected to see a surge in commercial rocket launches and satellite communications, with multiple new rocket models set to challenge existing technologies and enhance deployment capabilities [5] Group 2: Gold and Silver Sector - Gold and silver stocks also saw a strong performance on January 23, with several companies, including China Gold and Yuguang Gold Lead, hitting their daily limit up [2][6] - The price of gold rose over 2% on January 22, reaching a historical high, while silver prices increased by over 3%, contributing to a bullish sentiment in the market [6] - The current economic environment, including expectations of interest rate cuts by the Federal Reserve and geopolitical uncertainties, is anticipated to support further increases in gold prices, with projections suggesting a potential rise of 10% to 35% by 2026 [7][8]

1月23日， 国家统计局新闻办公室在"统计微讯"公众号上就近期网络上"'国民通办'APP开展人口抽样调 查工作"一事发布郑重声明，全文如下—— 近期，有群众反映，网络中"国民通办"APP谎称"加快推进全国1%人口抽样调查工作"，非法收集参与者 身份信息并开展诈骗活动。 在此，我们郑重声明， 国家统计局开展人口抽样等相关调查工作均通过正规渠道开展，不会收取调查对 象任何费用，统计机构和统计人员对采集的信息依法予以严格保密； "国民通办"APP的调查为非法行为 。 如对调查工作的真实性或调查员的身份存疑，可向所在地村（居）委会进行核实或向有关部门进行举报。 请各地方和广大群众提高警惕，谨防上当受骗。如已造成损失，及时向公安部门举报案件线索。我局保留 采取相应法律手段的权利。 特此声明。 国家统计局新闻办公室 2026年1月23日 违法和不良信息举报电话：0755-83514034 邮箱：bwb@stcn.com 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 《 ...

Core Viewpoint - Insurance funds are increasingly investing in private quantitative products, particularly since the positive changes in the capital market following the "9·24" event in 2024, with several small and medium-sized insurance companies participating in this trend [3][4][8]. Investment Trends - There is a noticeable trend of insurance capital investing in private quantitative products, with a focus on quantitative index enhancement strategies that have shown strong performance [2][4]. - Quantitative index enhancement products have outperformed traditional public funds, leading insurance companies to prefer these private offerings [5][10]. Investment Structure - Insurance funds typically invest in private quantitative products indirectly through a "Manager of Managers" (MOM) structure, where they invest in a single asset management plan managed by a brokerage, with the private fund acting as an advisor [3][11]. - This structure allows insurance companies to navigate regulatory uncertainties while still accessing the benefits of private quantitative strategies [11][12]. Performance and Market Conditions - In a low-interest-rate environment, insurance companies are compelled to seek alternative investment avenues, with private quantitative products providing a potential solution for enhancing returns [8][9]. - The performance of small-cap index enhancement products has been particularly strong, with some achieving returns exceeding 50% in a favorable market [4][8]. Regulatory Environment - The regulatory stance on insurance funds investing in private quantitative products remains ambiguous, with existing guidelines generally excluding private securities funds from eligible investment categories [11][12]. - There is speculation that regulatory bodies may eventually clarify the rules surrounding these investments, potentially imposing stricter requirements on the management of insurance funds [12]. Industry Sentiment - While there is enthusiasm for the potential of private quantitative investments, there are also concerns regarding compliance and the inherent risks associated with private fund management [9][10]. - Some industry insiders advocate for a cautious yet open approach to these investment strategies, recognizing them as a necessary exploration for small and medium-sized insurance companies seeking to improve their returns [10].

Core Viewpoint - Tencent has emphasized its commitment to anti-corruption efforts, highlighting the integration of AI technology in its practices, marking a shift from previous years' approaches [1][3]. Group 1: Anti-Corruption Achievements - In the 2025 Anti-Corruption Report, Tencent disclosed that over 70 cases violating the "Tencent High Pressure Line" were identified, resulting in the dismissal of over 90 individuals, with more than 20 referred to law enforcement for criminal charges [2]. - The report indicates a zero-tolerance policy towards corruption, with employees violating the "High Pressure Line" being permanently dismissed and external companies involved being blacklisted [3][4]. Group 2: Use of AI in Anti-Corruption - Tencent has implemented AI tools to proactively identify fraud risks, developing dynamic risk models based on historical case analysis to enhance detection capabilities in various operational areas [3]. - The company has reported improvements in the accuracy of its fraud detection models through continuous feedback from cases, aiming to reduce the occurrence of fraud [3]. Group 3: Typical Cases and Coverage - The report detailed 19 typical cases that have undergone judicial processing, with incidents spanning multiple core business units, indicating comprehensive coverage of anti-corruption efforts [6]. - Notably, the Cloud and Smart Industries Group (CSIG) had a significant number of cases, involving issues such as embezzlement and commercial bribery [6]. Group 4: External Cooperation and Industry Trends - Tencent has also targeted external partners involved in corruption, adding 15 companies to its "Never Cooperate" list due to their involvement in fraudulent activities [7]. - The trend of regular anti-corruption reporting is becoming common in the internet industry, with other major companies like ByteDance and Perfect World also disclosing similar anti-corruption measures [8][9].

Group 1 - The Shenzhen People's Procuratorate has filed public prosecution against 30 individuals, including Sui Guangyi and Ma Xiaoqiu, for illegal fundraising activities involving Shenzhen Dingyifeng Asset Management Co., Ltd. and its affiliated companies [1] - The Futian District People's Procuratorate has also prosecuted 50 individuals, including Tang Jiqiang and Zhu Yunlei, for crimes related to illegal fundraising and information network crimes associated with the same companies [2] - The Shenzhen authorities have issued multiple risk warnings regarding Dingyifeng's involvement in illegal fundraising and fraud activities [2]

光伏飙升！ 1月23日早盘，市场上最硬的板块非光伏莫属。主营光伏检测方案的设计及其配套设备、软件的研发、生产和 销售的北交所上市公司——欧普泰在两分钟内直线30%封死涨停。连城数控、拉普拉斯、迈为股份、东方日升 等股票大涨。 那么，光伏究竟为何爆发？分析人士认为有两大因素：一是涨价，1月20日，天合光能发布了最新的分布式光 伏普通组件指导价格，再度上调3分/W，报价区间锁定在0.88元—0.92元/W；二是太空光伏概念的催化。 广发证券认为，作为地外飞行器重要的可靠能源供应方式，太空光伏有望受益于全球商业航天热潮。马斯克表 示，在太空设立太阳能AI数据中心是理所当然的事。 光伏爆发 欧普泰早上一开盘就开始拉升，两分钟内封死30%涨停板，同为北交所的连城数控亦一度大涨25%。拉普拉 斯、迈为股份、东方日升、奥特佳、华民股份皆是20%涨停。早盘，光伏板块涨停或涨幅超过10%的个股达到 了20只，光伏ETF大涨近6%。 最近，光伏行业发出价格反转信号。1月20日，天合光能发布了最新的分布式光伏普通组件指导价格，再度上 调3分/W，报价区间锁定在0.88元—0.92元/W。这已是天合光能进入2026年以来的第三次价格 ...

违法和不良信息举报电话：0755-83514034 邮箱：bwb@stcn.com 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 体 , 券 商 中 国 对 该 平 台 所 刊 载 的 原 创 内 容 享 有 著 作 权 , 未 经 授 权 禁 止 转 载 ， 否 则 将 追 究 相 应 法 律 责 任 。 看券商中国 知天下财经 公开资料显示，卞立新 ，历任中华人民共和国驻洛杉矶副总领事，外交部干部司副司长、巡视工作领导小组 办公室主任，中华人民共和国外交部干部司司长等职。 外交部驻澳门特别行政区特派员公署，是中华人民共和国外交部根据上述规定在澳门特别行政区设立的机构。 其宗旨是：贯彻落实"一国两制"、"澳人治澳"、高度自治方针，严格按照基本法办事，执行中央人民政府的外 交政策，维护国家主权和利益，保护澳门同胞在海外的合法权益，促进澳门特别行政区的长期繁荣稳定和发 展。 来源：长安街知事 责编：刘珺宇 校对：杨立林 ...

Group 1 - The core viewpoint of the article emphasizes the government's efforts to stimulate consumer spending through optimized personal consumption loan subsidy policies, including extending the duration, increasing the amount, and expanding the scope of the subsidies [1][5][6] - Ant Financial announced the extension of the subsidy policy until the end of 2026, removing the previous limit of 500 yuan per transaction and restrictions on consumption areas to support diverse consumer needs [2][3] - Since the implementation of the subsidy policy in September 2025, Ant Financial has reported a 23% year-on-year increase in the amount subsidized to consumers, indicating a positive impact on consumer spending [3] Group 2 - The introduction of the "National Subsidy" product section on Taobao and Tmall has led to significant growth in various consumer goods categories, with the apparel sector seeing nearly a 50% increase in installment interest-free transactions [4] - The government's "14th Five-Year Plan" explicitly calls for boosting consumption and increasing inclusive policies directed at consumers, signaling a strong commitment to enhancing consumer spending [5][6] - Financial institutions are actively responding to the subsidy policies by increasing consumer credit offerings and optimizing their products and services to stimulate market activity and release consumer potential [6][7]

Core Viewpoint - The public fund industry in China is experiencing significant shifts in product scale and investor preferences, with a notable divergence in risk appetite among investors, leading to a mixed environment of opportunities and challenges for the industry [2]. Group 1: Market Trends - Since the fourth quarter of last year, there has been a rapid rotation in market styles, with a clear adjustment in the scale of industry products. Index funds, mixed bond funds, commodity funds, overseas investment funds, and FOFs have all seen growth, while actively managed equity funds and pure bond funds continue to shrink [2]. - As of December 31, 2025, the total net asset value of public funds exceeded 37.64 trillion yuan, marking a historical high, with continued net inflows into the public fund market [3]. - The bond fund sector has rebounded, with a quarterly growth exceeding 300 billion yuan, bringing the total scale close to 11 trillion yuan, also a historical high [4]. Group 2: Fund Performance - Actively managed equity funds faced net redemptions, with investors losing confidence despite improved performance. The overall share of these funds showed a net outflow in the fourth quarter [3]. - In contrast, investors favored index equity funds, particularly the A500 index ETFs, which saw significant inflows, with several funds growing by over 10 billion yuan in the fourth quarter [3]. Group 3: Multi-Asset Growth - 2025 is marked as a year of explosive growth for multi-asset funds, with overseas investment funds, commodity funds, and FOFs experiencing substantial increases in scale. The commodity fund sector saw a quarterly increase of over 45%, with gold and silver products leading the growth [5][6]. - The FOF products regained popularity, with several newly established funds achieving impressive fundraising results in the fourth quarter [6]. Group 4: Competitive Landscape - The public fund industry exhibits a pronounced "Matthew Effect," where leading firms maintain strong competitive positions, while mid-tier firms face intense competition. The top three firms in non-monetary fund scale are E Fund, Huaxia Fund, and GF Fund, with GF Fund recently surpassing the 1 trillion yuan mark for the first time [7][8]. - Smaller firms, some with non-monetary scales below 100 billion yuan, have also shown significant growth, with several achieving over 10 billion yuan in quarterly increases [9].