违法和不良信息举报电话：0755-83514034 邮箱：bwb@stcn.com 阿富汗首都喀布尔市中心19日下午发生一起爆炸事件，造成多人死伤。 一家餐馆受到爆炸严重冲击。该餐馆工作人员告诉记者，一名阿富汗安保人员在爆炸中死亡，还有2名中国公 民受重伤，已送至医院急救。 来源：新华社 责编：汪云鹏 排版：汪云鹏 校对： 许欣 百万用户都在看 AI，大事！马斯克，索赔9300亿元！ 100%关税！美国，突发威胁！事关芯片，韩国紧急回应！ 盘前，全线大涨！芯片巨头，突传罕见利好！ 上交所出手，暂停国晟科技部分投资者账户交易！浙江证监局也有动作 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 F ...

Core Viewpoint - The article highlights a trend of significant share buybacks by executives and institutional shareholders in various listed banks at the beginning of 2026, indicating a positive signal for stock price recovery and reflecting confidence in the banking sector's value and growth prospects [1][4]. Group 1: Recent Buybacks - In early 2026, several banks, including Changshu Bank and Chongqing Rural Commercial Bank, saw executives and institutional shareholders actively increase their holdings [2][3]. - Changshu Bank's executives purchased a total of 120,000 shares at an average price of 6.96 yuan per share, with the stock price rising by 1.58% to 7.08 yuan [2]. - Chongqing Rural Commercial Bank's management team collectively bought 192,000 shares within a price range of 6.36 to 6.42 yuan per share [3]. Group 2: Overall Buyback Trends - In 2025, over half of A-share listed banks experienced share buybacks from institutional shareholders or executives, continuing into 2026 [1][4]. - A total of 26 banks had significant buyback actions, with 17 banks showing net increases in holdings, while 8 banks had reductions [6]. - Nanjing Bank was the top performer in buybacks, with institutional shareholders acquiring approximately 674 million shares, corresponding to a market value increase of about 7.378 billion yuan [6]. Group 3: Market Performance and Outlook - The banking sector has shown a recovery in valuation, with a notable 34.39% increase in 2024, but the growth slowed to only 7% in 2025, underperforming compared to other sectors [9]. - Analysts express mixed views on the sustainability of bank stocks attracting long-term and risk-averse capital in 2026, with expectations of improved net interest income growth and a focus on wealth management [10]. - The banking sector is anticipated to experience further internal differentiation, with larger banks and those focused on wealth management likely to outperform [10].

1月19日，浙江证监局发布了一份行政处罚决定书。 金永荣为拥有超过10万粉丝的雪球账号大V，在证券投资领域具有较大知名度和影响力，于2024年第二、三季 度参与淘股吧炒股实盘比赛并获得冠军。他通过"抢帽子"交易的方式操纵市场，被罚没超8324.78万元。同 时，他还被采取3年证券市场禁入措施。 在证券投资领域具有较大知名度和影响力 金永荣长期使用"金浤"账号在雪球平台发布荐股文章，并辅以在淘股吧、微信公众号、小红书等其他平台开通 账号发文发帖宣传，参与淘股吧实盘比赛以及直播分享选股逻辑等形式，积累名气和受众。 截至2025年4月，其雪球"金浤"账号粉丝数量超过10.7万人，2024年9月至2025年4月期间发布帖文的单篇平均 阅读量高达130万次，金永荣在证券投资领域具有较大知名度和影响力。 据悉，金永荣于2024年第二、三季度参与淘股吧炒股实盘比赛并获得冠军。2024年在参加淘股吧实盘比赛期 间，在淘股吧、微信公众号、小红书多次发文复盘总结炒股情况，进一步扩散影响力；在相关平台账号之间相 互宣传引流，从而积累名气和受众。 操纵市场盈利超4000万元，被罚没超8300万元 2024年9月2日至2025年4月1 ...

Macro Dynamics - The IMF has raised the global economic growth forecast for 2026 to 3.3%, an increase of 0.2 percentage points from the previous prediction made in October last year [2] Company Dynamics - Xiangcai Securities reported a net profit of 553 million yuan for 2025, a significant increase of 157% year-on-year, with total revenue reaching 1.955 billion yuan, up 28.8% [7] - Water Margin (Shuijingfang) expects a net profit of 392 million yuan for 2025, a decrease of 71% compared to the previous year, attributed to multiple factors affecting the liquor industry [13][16] - Porsche's global sales for 2025 were 279,400 units, a decline of 10% year-on-year, with sales in China dropping by 26.28% to 41,900 units, reflecting challenges in the luxury car market [15][16] Market Data - The Shanghai Composite Index rose by 0.29% while the ChiNext Index fell by 0.70% on the latest trading day, with significant gains in sectors like ultra-high voltage and commercial aerospace [10] - The total margin balance in the two markets increased by 13.35 billion yuan, with the Shanghai Stock Exchange reporting a balance of 1.361766 trillion yuan [11] Financial Institutions - The China Export-Import Bank plans to issue over 730 billion yuan in technology loans in 2025, focusing on areas such as artificial intelligence and high-end instruments [8] - Goldman Sachs indicated that Trump's recent policies could lead to a new wave of capital flight from U.S. assets, putting pressure on the dollar [7]

Core Viewpoint - The real estate market in first-tier cities shows signs of marginal stabilization, with a narrowing decline in housing prices, indicating a positive market signal for 2026 [2][5]. Group 1: Housing Price Trends - In December 2025, new home prices in first-tier cities decreased by 0.3% month-on-month, a reduction of 0.1 percentage points compared to the previous month. Shanghai was the only city to see a month-on-month increase of 0.2%, while Beijing, Guangzhou, and Shenzhen experienced declines of 0.4%, 0.6%, and 0.5% respectively [3]. - The year-on-year comparison for new home prices in first-tier cities showed a decline of 1.7%, with Shanghai increasing by 4.8%, while Beijing, Guangzhou, and Shenzhen saw declines of 2.4%, 4.8%, and 4.4% respectively [3]. - For second-hand homes, first-tier cities experienced a month-on-month decline of 0.9%, narrowing by 0.2 percentage points from the previous month. The declines in Beijing, Shanghai, Guangzhou, and Shenzhen were 1.3%, 0.6%, 1.0%, and 0.6% respectively [4]. Group 2: Market Analysis and Future Outlook - Analysts suggest that the narrowing decline in housing prices in December 2025 is a positive signal, indicating a release of pent-up demand and increased transaction activity in the new home market [5][6]. - The real estate market's performance is closely linked to policy changes, with multiple measures introduced to stabilize the market, including adjustments to housing tax policies and encouragement for the acquisition of existing homes for affordable housing [5][6]. - Looking ahead to 2026, the market is expected to continue its differentiated trend, with first-tier and key second-tier cities likely to see stabilization in housing prices due to population inflow and resource advantages, while third and fourth-tier cities may continue to face challenges [6].

公开资料显示，顾军出生于1963年6月，江苏启东人，曾任国家核电技术公司董事、总经理、党组成员等职， 2015年任中国核工业建设集团公司董事、总经理、党组副书记。 据中央纪委国家监委网站19日消息，中国核工业集团有限公司原党组副书记、总经理顾军涉嫌严重违纪违法， 目前正接受中央纪委国家监委纪律审查和监察调查。 看券商中国 知天下财经 F 2018年，顾军任中国核工业集团有限公司董事、总经理、党组副书记，2024年不再担任上述职务，至此次被 查。 来源： 中央纪委国家监委网站 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 。 责编：汪云鹏 校对： 许欣 百万用户都在看 AI，大事！马斯克，索赔9300亿元！ 100%关税！美国，突发威胁！事关芯片 ...

Core Viewpoint - The forum highlighted the evolving landscape of China's bond market, emphasizing the need for resilience and innovation amidst internal and external challenges, including an "asset shortage" and global economic uncertainties [1][2]. Group 1: Market Environment and Trends - China's bond market has surpassed 196 trillion yuan in scale, facing new norms such as "asset shortage" and wide fluctuations [1]. - The bond market is expected to continue expanding, focusing on serving the real economy and major national strategies, with a notable increase in foreign investment [4]. - The central economic work conference has proposed a more proactive fiscal policy and moderately loose monetary policy, prioritizing domestic demand as a key strategy for 2026 [4]. Group 2: Economic Growth and Financial Development - In 2025, China's economy is projected to grow by approximately 5%, with significant developments in the financial market, including a record daily trading volume in the stock market [5]. - The financial system is undergoing structural changes, with a shift from indirect financing to a more balanced mix of financial tools and institutions [6]. Group 3: Debt Risks and Policy Recommendations - Experts discussed the rising external vulnerabilities and the need to address internal debt issues, emphasizing the importance of understanding the macroeconomic context [7]. - Recommendations for managing debt risks include creating a favorable macro environment, aligning credit with efficiency, and exploring national macro asset-liability management [8]. Group 4: Institutional Strategy Adjustments - Financial institutions are adapting their strategies in response to market changes, focusing on asset allocation and investment logic [10]. - The shift towards "solid income+" products is evident, with a significant year-on-year growth of 39.5% in such funds by the end of Q3 [12]. - Institutions are encouraged to adopt a dynamic approach to asset management, balancing short-term liquidity with long-term investments [13].

吴通控股19日晚间公告，1月19日，中国农业银行股份有限公司"农银e采平台"发布了《中国农业银行股份有限 公司手机短信长号码代理服务商项目－中标候选人及中标结果公示》。根据相关公示，该项目按照最低评标价 法评标，公司全资子公司北京国都互联科技有限公司（国都互联）未中标及未入选备选人，目前该中标结果处 于公示期。 吴通控股表示，中国农业银行股份有限公司手机短信长号码代理服务项目当前由国都互联承接，2025年前三季 度，该项目业务收入占公司总收入的32.98%。此次项目未中标预计将会对公司未来经营业绩产生较大不利影 响。 应对措施方面，吴通控股称，在移动信息服务业务领域，公司将加强通道资源开发，加大成本及费用管控力 度，提升运营效率，提高公司市场竞争力。 在电子及通讯智能制造业务领域，公司将充分发挥已在新能源汽车行业逐步形成并不断提升的品牌影响力，进 一步巩固在BMS及其他三电零部件方面所积累的工艺技术、质量管控、研发创新、供应链资源等经验及体系 优势，聚焦新能源汽车、储能系统、工业控制、通讯及算力等行业市场战略客户的拓展与开发，为公司健康可 持续发展提供有力的业绩支撑。同时，公司将加快储能连接器等新产品的市场拓 ...

Group 1 - The article discusses the imminent "tariff war" between the US and Europe, leading to significant declines in European stock markets, with major indices like the Euro Stoxx 50 and DAX 30 dropping over 1% [1][2] - European luxury goods companies and automotive stocks experienced sharp declines, with BMW falling over 7% and Volkswagen dropping over 4% [2] - The EU is considering imposing tariffs on US goods worth €93 billion, which could take effect if no agreement is reached with the US by February 6 [2][4] Group 2 - EU representatives are preparing countermeasures against US tariffs, with a meeting scheduled to discuss potential retaliatory actions [3] - The EU has a list of approved but suspended tariffs targeting US industrial products, including Boeing aircraft and American-made cars [4] - French Prime Minister Macron described Trump's threats as "unacceptable" and indicated that the EU might activate its strongest trade retaliation tool [5] Group 3 - Economic estimates suggest that a 25% tariff could reduce exports from targeted countries to the US by up to 50%, with Germany, Sweden, and Denmark being the most affected [7] - The potential tariffs could negatively impact European stock market momentum, which had previously outperformed US markets [7] - The legal basis for such tariffs is unclear, and previous threats by Trump have not materialized, indicating potential limited economic impact but significant political consequences [7] Group 4 - UK and Swedish leaders have publicly condemned the US tariff threats, emphasizing that decisions regarding Denmark and Greenland should be made by those nations [8] - US senators have urged the Trump administration to pursue diplomatic solutions rather than threats, warning that continued aggression could harm US interests and allies [9]

Core Viewpoint - The 2025 Hurun China AI Companies Top 50 list has been released, highlighting significant growth in the AI sector, particularly in AI chip companies, with Cambricon leading the list at a valuation of 630 billion RMB, reflecting a 165% increase from the previous year [2][4]. Group 1: Top Companies - Cambricon ranks first with a valuation of 630 billion RMB, specializing in AI chips [2][3]. - Moore Threads, the leading domestic GPU company, ranks second with a valuation of 310 billion RMB [2][3]. - Muxi Technology, the second domestic GPU company, ranks third with a valuation of 250 billion RMB [2][3]. - The top ten list includes seven AI chip-related companies, indicating a strong presence in this segment [2][4]. Group 2: Market Trends - AI concept stocks have shown mixed performance, with some stocks like Giant Network and Tian Di Online experiencing significant gains, while others like Vision China faced declines [6]. - The AI chip sector has seen a notable increase in the number of companies listed, with 14 AI chip companies making the list, up from 9 last year [5][4]. - The overall market for AI applications is expected to continue growing, driven by policy support and advancements in AI infrastructure [7][6]. Group 3: Industry Insights - The concentration of AI companies is primarily in first-tier cities, with Beijing leading with 19 companies, followed by Shanghai with 14 [4]. - The recent surge in AI chip companies is attributed to the tightening of high-end AI chip export controls by the U.S., prompting domestic companies to accelerate their capabilities [4][5]. - The AI application market is at a pivotal point, with ongoing policy support and technological advancements expected to drive further growth [7][6].