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白银暴跌
财联社· 2025-12-29 14:40
现货白银跌8.26%,报72.61美元/盎司;现货黄金跌2.87%,报4401.62美元/盎司。今天,现货白银 ——这个市场最炙手可热的品种, 已从盘中最高价格的84.0美元下跌11.4美元,即13.5%。 国内贵金属方面,正在交易中的期货夜盘,沪金期货主力连续合约跌2.80%,报988元(人民 币)/克;沪银期货主力连续合约跌7.16%,报17535元(人民币)/千克。 7x24h电报 头条新闻 实时盯盘 VIP资讯 下载财联社APP获取更多资讯 准确 快速 权威 专业 ...
廉价的易主,埋了多少雷?
财联社· 2025-12-29 14:12
Core Viewpoint - The article discusses the surge in A-share listed companies undergoing ownership changes, highlighting the low barriers to entry for acquiring control through mechanisms like voting rights delegation and abandonment, which can lead to significant risks and governance issues [1][2][4]. Group 1: Ownership Change Trends - Over 300 listed companies have changed ownership this year, with a notable increase in cases involving voting rights delegation, which has more than doubled compared to the previous year [2]. - The lowest price for acquiring control of a listed company this year was under 100 million yuan, exemplified by cases like Bangjie Co., which saw a 5.14% stake sold for approximately 96.56 million yuan [4][5]. - Approximately 80 cases of ownership changes involving voting rights delegation have been recorded, with nearly 30 companies experiencing "control inversion," where the new controlling party holds a lower percentage of shares than the voting rights they control [2][5]. Group 2: Regulatory Environment - The regulatory stance is shifting, with new rules set to take effect on January 5, 2024, prohibiting shareholders from delegating voting rights to others, aiming to close loopholes that allow evasion of shareholder obligations [2][5]. - The upcoming regulations are expected to address the misuse of voting rights delegation, which has been a common practice in recent ownership changes [2][5]. Group 3: Risks of Control Inversion - Control inversion poses multiple risks, as new controlling parties often lack the necessary financial or operational strength to support the companies, leading to deteriorating business conditions and governance issues [2][4]. - Historical data indicates that companies with control inversion frequently experience rapid declines in stock prices following speculative trading [2][4]. Group 4: Legal and Governance Issues - The legal framework surrounding voting rights delegation is contentious, with arguments suggesting that such practices effectively amount to voting rights transfer, which is not compliant with existing laws [9][10]. - The separation of voting rights and financial rights can lead to agency costs, where decisions made by the new controlling party may not align with the overall interests of the company, potentially resulting in disputes among shareholders [11][12]. Group 5: Market Manipulation Concerns - There is a significant concern regarding market manipulation, as approximately 40% of ownership change cases involving voting rights delegation have shown abnormal stock price increases prior to announcements [17][20]. - The use of leverage in ownership changes, including both equity and debt financing, raises questions about the sustainability of such transactions and the potential for inflated stock valuations [21][22]. Group 6: Historical Context and Future Outlook - Previous ownership change waves have led to numerous companies facing severe financial distress or even delisting, highlighting the risks associated with low-cost ownership changes [22][23]. - The ongoing regulatory reforms aim to stabilize the market and improve corporate governance, suggesting a shift towards more sustainable ownership practices in the future [24][25].
12连板牛股,明起停牌核查
财联社· 2025-12-29 13:34
12连板牛股胜通能源(001331.SZ)今日公告称,公司股票自2025年12月12日至29日期间价格涨幅为213.97%,已严重背离公司基本面。为维护投资者利益, 公司将就股票交易波动情况进行停牌核查。 公司提醒广大投资者注意二级市场交易风险,近期公司股票价格显著偏离大盘指数和行业指数,短期波动幅度较大,已明显偏离市场走势,存在较高的炒 作风险。 值得注意的是,截至今日收盘,胜通能源报收46.31元/股,总市值130.71亿元,公司股价 自12月12日起连续12个交易日涨停。 下载财联社APP获取更多资讯 准确 快速 权威 专业 7x24h电报 头条新闻 VIP资讯 实时盯盘 公司公告称,主营业务未发生重大变化,股价短期内连续上涨,可能存在市场情绪过热、非理性炒作风险。公司不存在应披露而未披露的重大信息。 公 司股票自2025年12月30日起停牌,预计停牌时间不超过3个交易日。 ...
锂矿龙头涉嫌内幕交易罪单位犯罪,被移送起诉
财联社· 2025-12-29 12:55
赣锋锂业(002460.SZ)今日公告称,公司于当日收到宜春市公安局的移送起诉告知书, 因涉嫌内幕交易罪单位犯罪,案件已移送检察机关审查起诉。 截至目前, 赣锋锂业 各项生产经营活动保持正常有序运行。本次涉案事项为 赣锋锂业 前期已披露的特定历史事件,预计不会影响 赣锋锂业 正常的 生产经营。 下载财联社APP获取更多资讯 准确 快速 权威 专业 7x24h电报 头条新闻 VIP资讯 实时盯盘 ...
解放军无人机,俯瞰台北101大厦
财联社· 2025-12-29 12:16
据中国军号微博,12月29日公布"正义使命-2025"演习最新画面,解放军无人机俯瞰台北101大厦! 12月29日开始,中国人民解放军东部战区组织陆军、海军、空军、火箭军等兵力,位台湾海峡、台岛北部、台岛西南、台岛东南、台岛以东,组 织"正义使命-2025"演习,重点演练海空战备警巡、夺取综合制权、要港要域封控、外线立体慑阻等科目,舰机多向抵近台岛,诸军兵种联合突击, 旨在检验战区部队联合作战实战能力。 ...
【风口研报】覆盖航空航天+燃气轮机+核工程的关键材料,公司进口替代领域突破显著,并在近日又收获海外巨头1亿元订单,业绩增长可期
财联社· 2025-12-29 11:43
Group 1 - The article highlights significant breakthroughs in the import substitution field for key materials covering aerospace, gas turbines, and nuclear engineering, with a recent overseas order worth 100 million yuan, indicating potential for performance growth [1] - The company has achieved positive growth in new order amounts for 10 consecutive quarters, with analysts strongly recommending this high-end architectural decoration leader, which is gradually mitigating real estate risks and is expected to achieve long-term stable growth due to overseas increments and cleanroom cultivation sectors [1]
多部门发声,2026年要做这些事
财联社· 2025-12-29 11:43
Core Viewpoint - The article outlines the key tasks and changes planned for 2026 in various sectors, including finance, employment, consumption, investment, urban development, and technological innovation, as part of China's strategic planning for economic growth and stability. Group 1: Fiscal Policy - In 2026, a more proactive fiscal policy will be implemented, focusing on expanding fiscal expenditure, optimizing government bond tools, enhancing transfer payment efficiency, and improving expenditure structure [2][3] - The fiscal policy aims to promote resident employment and income growth by coordinating various funds to support job stability and entrepreneurship [3] Group 2: Consumption and Investment - The government will support consumption through initiatives like the "old for new" program, optimizing subsidy standards, and promoting service consumption [4] - Measures will be taken to stabilize investment, including increasing central budget investments and utilizing various government investment funds to enhance investment efficiency [5] Group 3: Urban Development - High-quality urban renewal will be prioritized, focusing on community improvements, public space enhancements, and safety projects [6] Group 4: Industry and Technology - There will be an emphasis on enhancing industrial technological innovation capabilities, addressing core technologies, and developing a national manufacturing trial service network [9] - The government plans to cultivate emerging and future industries, including AI, integrated circuits, and biotechnology, while supporting innovation in sectors like 6G technology [10] Group 5: Infrastructure and Energy - The construction of cross-regional and cross-basin transportation corridors will be advanced to support national strategic goals [11] - The energy sector will see an increase in renewable energy supply, with significant additions in wind and solar power capacity, and a focus on future energy industries like hydrogen and nuclear energy [12] Group 6: Social Welfare - The implementation of direct disbursement of maternity benefits to insured individuals will be pursued, along with expanding coverage for flexible employment and migrant workers [13] - The real estate market will be stabilized by utilizing existing housing stock for affordable housing and other social needs [14]
王忠磊、王忠军被限高
财联社· 2025-12-29 11:15
近日, 中国影视巨头华谊兄弟及其创始人深陷法律与财务漩涡。 据天眼查官网显示,近日华谊兄弟旗下两家核心公司华谊兄弟电影有限公司、华谊兄弟传媒股份有限公司及其法定代表人王忠磊、王忠军被 北京市朝阳区人民法院限制高消费,涉及7473万元执行案件。 | A | | | | | | | | | | 6 43-111 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 序号 案号 | | 限消令对象 | 限制法定代表人 | 申请人 | 涉案金额 (元) ② ÷ | 执行法院 | 立案日期÷ | 发布日期 ÷ | 原文 内容 | | | (2025)京0105执481 华谊兄弟电影有 | 13号 | 限公司 | 王母爱 | | | 北京市朝阳区人民 法院 | 2025-12-19 | | | | | 被执行人 ② | | | | | 2天眼查 | | --- | --- | --- | --- | --- | --- | | 被执行人 1 | | | | | 國 | | | 2 被执行总金额:7473.2128 万元 | | | ...
1月1日起,东航国内宽体机WiFi免费连
财联社· 2025-12-29 10:15
Group 1 - The core point of the article is that from January 1, 2026, China Eastern Airlines will offer free high-speed Wi-Fi for first-class and business-class passengers on all domestic flights operated by wide-body aircraft, while economy class passengers will have access to a standard version of Wi-Fi for free [1][2]
1月1日起,我国调整部分商品关税税率税目
财联社· 2025-12-29 08:54
为促进与最不发达国家的经贸合作,帮助最不发达国家发展,2026年继续给予43个与我建交的最不发达国家100%税目产品零关税待遇;根据亚太贸 易协定以及我与有关东盟成员国政府间换文协议,继续对原产于孟加拉国、老挝、柬埔寨、缅甸的部分进口货物实施特惠税率。 国务院关税税则委员会发布《2026年关税调整方案》,将自2026年1月1日起实施。《方案》以习近平新时代中国特色社会主义思想为指导,深入贯 彻党的二十大和二十届历次全会精神,完整准确全面贯彻新发展理念,加快构建新发展格局,坚持稳中求进工作总基调,科学调整进口暂定税率, 优化税目设置,继续实施协定税率和特惠税率,有利于引领发展新质生产力,满足人民日益增长的美好生活需要,扩大高水平对外开放,推动高质 量发展。 为增强国内国际两个市场两种资源的联动效应,扩大优质商品供给,2026年对935项商品实施低于最惠国税率的进口暂定税率。一是推动高水平科技 自立自强,促进建设现代化产业体系,降低压力机用数控液压气垫、异型复合接点带等关键零部件、先进材料的进口关税。二是助力推进经济社会 发展全面绿色转型,降低锂离子电池用再生黑粉、未焙烧的黄铁矿等资源性商品的进口关税。三是加大保 ...