来源：新华社 据新华社，法国、德国、加拿大等14个国家24日晚发表联合声明，谴责以色列政府近日批准 在约旦河西岸新建犹太人定居点。 联合声明由法国外交部发布。声明说，德国、比利时、加拿大、丹麦、西班牙、法国、意大 利、爱尔兰、冰岛、日本、马耳他、荷兰、挪威和英国一致谴责以色列决定在其占领的约旦河 西岸地区新建19个犹太人定居点，重申反对任何形式的吞并和殖民化政策。 声明说，以方这一单方面行动是其全面升级约旦河西岸定居点政策的一部分，违反国际法，并 可能加剧地区局势动荡。 声明呼吁以色列撤销这一决定，遵守联合国安理会2016年12月通过的第2334号决议，停止定 居点扩张。声明强调，支持巴勒斯坦人民自决权，在坚持"两国方案"基础上实现全面、公正和 持久和平。 以色列财政部长斯莫特里赫21日发表声明说，以内阁已批准在约旦河西岸新建19个犹太人定 居点的提案。斯莫特里赫称，这一提案是他和国防部长卡茨共同提出的，政府在3年内规划了 69个犹太人定居点，这一纪录"前所未有"，此举将巩固以方对约旦河西岸的控制，阻止巴勒斯 坦国建立。 les & FR 点击下载中国基金报客户端 ■ 中国基金报内容矩阵 ■ 巅峰对话 投资热 ...

【 导读 】长安信托向西安投控协议转让1.08%股份，实际控制人未变 中国基金报记者 马嘉昕 12月24日，西安银行发布公告称，长安国际信托股份有限公司（以下简称长安信托）拟将其持有的4827万股股份，以协议转让方式转让至 西安投资控股有限公司（以下简称西安投控）。 8月，南京银行公告，江苏交通控股有限公司无偿受让其全资子公司江苏云杉资本管理有限公司持有的该行4.96亿股股份，占公司总股本的 4.02%；此次收购不触及要约收购，不会影响该行的无控股股东和实际控制人情况。 在业内看来，今年地方国有企业的股权整治遵循"内部划转、强化协同、不改控制权"逻辑，不仅不涉及外部投资者进出，也不改变流通股 结构，对股价产生的影响较小，同时还能够统一股东层级，减少多层嵌套，提升决策效率，有助于区域生态金融治理的稳定。 公开资料显示，西安银行成立于1997年，于2019年3月1日在上交所主板上市，为西北首家A股上市银行。目前，该行注册资本为44.44亿 元人民币，下辖包括总行营业部、8家分行，10家区域支行和12家直属支行等在内的共176个营业网点等。 财报数据显示，截至2025年三季度末，西安银行资产总额达5511.35亿元 ...

Core Viewpoint - Lianchuang Electronics is undergoing a significant change in its controlling shareholder, transitioning to Jiangxi Provincial State-owned Assets Supervision and Administration Commission through a series of stock transfers and capital increases [2][4][6]. Group 1: Shareholder Changes - The controlling shareholder of Lianchuang Electronics will change to Beiyuan Intelligent after the completion of a share transfer agreement, where Beiyuan Intelligent will pay 900 million yuan to acquire 70.8661 million shares, representing 6.71% of the total shares [2][4]. - Following the share transfer, Jiangxi Guozhi Chuangtou will become the indirect controlling shareholder, with the actual controller being Jiangxi Provincial State-owned Assets Supervision and Administration Commission [4][6]. Group 2: Capital Increase - Jiangxi Guozhi Chuangtou plans to subscribe for up to 189 million shares of Lianchuang Electronics through a conditional share subscription agreement, which will account for 15.19% of the total shares post-issuance [4][6]. - After the completion of the share transfer and capital increase, Jiangxi Guozhi Chuangtou will hold a total of 20.89% of the company's shares [6]. Group 3: Financial Implications - The funds raised from the share issuance will be used to supplement working capital and repay interest-bearing debts, which will help alleviate the company's financial pressure and reduce liquidity risks [6]. - The company aims to enhance its financial strength and risk resistance capabilities, supporting its sustainable development [6]. Group 4: Business Focus - Lianchuang Electronics is committed to deepening its focus on the optical industry, continuously optimizing its product structure, and expanding its product range to improve quality [6]. - The company specializes in the research, production, and sales of key optical and optoelectronic products, including optical lenses and integrated modules for various smart devices [6]. Group 5: Performance Overview - For the first three quarters of 2025, Lianchuang Electronics reported total revenue of 6.489 billion yuan, a year-on-year decrease of 16.20%, while achieving a net profit of 50.92 million yuan, marking a turnaround from losses [7]. - As of December 17, the company's stock price was 11.59 yuan per share, with a total market capitalization of 12.232 billion yuan [8].

【导读】美股微涨，黄金白银新高之后，跳水了！ 中国基金记者 泰勒 大家好，今晚美股要过圣诞节提前收市，咱们就简单看一下一些市场发生的事情，祝大家快乐！ 美股微涨 12月24日晚间，美股三大指数小幅上涨，标普500指数上涨约0.2%，盘中触及6921.42点，刷新历史盘中新高，2025年以来累 计涨幅已超过17%。 | 48621.17 23568.16 | | | 6921.81 | | | --- | --- | --- | --- | --- | | 道琼斯指数 +0.37% 纳斯达克综合指数 +0.03% | | | 标普500指数 +0.17% | | | 标普500指数(INDEXSP:.INX) | | | | 加自选 | | 6920.08 +10.29 +0.15% | | | | 22.06 万球友关注 交易中 12-24 10:31:19 美东时间 | | | | | | 量比:0.56 | | 最高: 6921.42 | 今开:6904.91 昨收:6909.79 | 52周最高: 6921.42 | | | | 最低:6904.91 | | 52周景低:4835.04 | | 振幅:0 ...

Core Viewpoint - The article discusses a recent criminal case involving two analysts from a brokerage firm who were convicted of accepting bribes to enhance the market visibility of a listed company, highlighting ongoing issues of unethical practices in the financial industry [2][4][8]. Group 1: Case Details - The two analysts, Zou and Cheng, received bribes of 180,000 yuan and 50,000 yuan respectively to write favorable research reports for Jiangsu Litong Electronics Co., Ltd. [4] - Zou was responsible for organizing the report writing and received the larger sum, while Cheng facilitated communication and delivered the cash [4]. - Both analysts confessed to their crimes, leading to their convictions for non-state personnel bribery [4][5]. Group 2: Court Sentencing - The court sentenced Zou to ten months in prison with a one-year probation and a fine of 100,000 yuan, while Cheng received an eight-month sentence with similar probation and fine [5]. - The court also mandated that both individuals comply with community supervision and engage in community service after their release [6]. Group 3: Industry Implications - The case underscores a persistent issue in the brokerage industry where analysts may collude with market manipulators to issue favorable reports, often leading to misleading market signals [8]. - Regulatory scrutiny has intensified in recent years, particularly concerning the public statements made by chief economists and analysts, aiming to curb such unethical practices [8].

【导读】嘉亨家化筹划易主，12月25日起停牌 中国基金报记者 牛思若 1 2月24日，嘉亨家化公告 称 ，公司控股股东曾本生正在筹划控制权变更，可能导致公司控股股东及实际控制人发生变更。经申请，公司 股票自2025年12月25日起停牌，预计不超过2个交易日。 嘉亨家化表示，目前，该事项尚处于筹划中，存在重大不确定性，各方主体正在就具体方案、协议等相关事项进行论证和磋商，具体情况 以各方签订的相关协议为准。 公开资料显示，嘉亨家化的产品包括护肤类、洗护类、香水等化妆品，香皂、消毒液、洗手液等家庭护理产品，以及配套的塑料包装容 器，主要客户包括贝泰妮、上海家化、郁美净、利洁时、维多利亚的秘密、多特瑞、宝洁、强生、壳牌等国内外知名品牌。 2024年11月，嘉亨家化曾发布公告称，创始人曾本生获授终身名誉董事长称号，并卸任公司董事长、法定代表人职务，这两个职位均由其 子曾焕彬接任。 此外，曾本生之女曾雅萍首次进入董事会名单中，担任公司副总经理、副董事长。这意味着，嘉亨家化正式进入"二代接班"的新阶段。 从业绩来看，"二代接班"后的嘉亨家化表现并不理想。2025 年前三季度，嘉亨家化实现营收8.6亿元，同比增长24.42 ...

Core Viewpoint - Fenglong Co., Ltd. is undergoing a change in control, with Shenzhen Youbixuan Technology Co., Ltd. becoming the new controlling shareholder, effective from December 25 [2][8]. Group 1: Share Transfer Details - The agreement involves a share transfer where Chengfeng Investment will sell 29.99% of its shares in Fenglong to Youbixuan at a price of 17.72 yuan per share, totaling 1.161 billion yuan [7]. - Following the share transfer, Youbixuan will launch a partial tender offer for at least 13.02% of the shares at the same price of 17.72 yuan per share [7][8]. - After the transfer, Youbixuan will hold 29.99% of Fenglong's shares, and the voting rights associated with these shares will be transferred to Youbixuan [8]. Group 2: Future Performance Commitments - Youbixuan aims to enhance its industrial chain layout through this acquisition, leveraging its technology in humanoid robots alongside Fenglong's manufacturing capabilities [11]. - Fenglong is expected to achieve a net profit of 4.5929 million yuan in 2024 and 21.5185 million yuan in the first three quarters of 2025, with non-recurring net profits of 2.958 million yuan and 19.181 million yuan respectively [11]. - The company has committed to achieving net profits of no less than 10 million yuan, 15 million yuan, and 20 million yuan for the years 2026, 2027, and 2028 respectively [15].

【导读】 离岸人民币兑美元一度升破7.0关口，最低报6.9999 中国基金报记者 泰勒 （1）人民币供需关系：年底是季节性结汇旺季，此外在出口保持韧性的背景下，今年银行代 客结汇规模始终处于较高水平，人民币单边升值趋势得到确认后，会进一步强化结汇需求， 形成稳定买盘支撑； （2）美元指数影响：12月以来美元指数下跌1.5%，而人民币兑美元升值幅度约0.9%，可见 近期人民币被动升值的成分偏高； （3）中间价引导作用：简单考察中间价与即期汇率之间的差值，我们可以发现，今年一季度 和贸易摩擦后逆周期因子在人民币快速贬值期间适时发力，后续又适时减弱发力强度，而12 月以来中间价已经持续高于即期汇率，有意加力引导人民币减缓升值速度； （4）宏观预期因素则尚无明显数据支撑。 中信证券分析，人民币汇率处于升势，而从季节性规律来看，年底通常也是结汇的高峰，人 民币计价资产吸引力自然会有提升。另外，中央经济工作会议定调"保持人民币汇率在合理均 衡水平上的基本稳定"，意味着人民币汇率在涨速过快阶段，货币当局或有平抑波动的诉求， 对于货币政策而言，意味着宽松空间将有所打开，虽然12月降息预期阶段性落空，但2026年 降准降息靠前 ...

Core Viewpoint - The future of human scientific progress and technological innovation will largely revolve around AI, fundamentally transforming work, life, production, learning, and art, with chips serving as the essential AI engine [6][10]. Group 1: AI and Chip Technology - AMD is positioned as a leader in high-performance and AI computing, addressing significant global challenges with a diverse product portfolio in data centers and workstations [6]. - The CEO of AMD, Dr. Su Zifeng, views AI as the most important technological transformation in the last 50 years, even surpassing the internet [6]. - AI Agents are expected to transition from mere chatbots to genuine productivity tools, marking a critical shift in AI's integration across various industries [6][7]. Group 2: Market Trends and Projections - By 2025, 40% of U.S. enterprises and 27% of Chinese enterprises are projected to utilize AI Agents, with 40% of new jobs by 2026 requiring collaboration with AI [7]. - The usage and demand for intelligent agents among the world's top 2000 companies are expected to increase tenfold by 2027, with a thousandfold increase in workload [7]. Group 3: AI Interaction Interfaces - In the next 3 to 5 years, the primary interfaces for human-AI interaction will be AI smartphones and AI PCs, with smartphones focusing on learning and entertainment, while PCs will cater to work and content creation [8]. - To effectively run AI Agents, devices must deploy high-precision base models and integrate industry-specific knowledge, requiring 60GB to 100GB of memory [8]. Group 4: Product Innovations and Applications - AMD's Ryzen AI Max+ 395 processor integrates the capability to run large AI models locally, featuring GPU performance comparable to RTX 4060 to 4070, enabling deployment of models like GPT-4 [8][9]. - AMD aims to reduce the cost of AI devices to one-tenth of previous prices, facilitating the adoption of AI in educational settings and various industries [9]. - The company has also contributed to the digital restoration of historical artifacts, such as the murals in Yongle Palace, utilizing AI to recreate ancient colors [9]. Group 5: National Initiatives and Educational Programs - The Chinese government has launched the "Artificial Intelligence +" initiative, encouraging various industries to leverage AI, similar to the "Internet +" movement two decades ago [10]. - AMD has initiated the "Spring Rain Plan" aimed at cultivating AI talent in universities and fostering an open-source AI software ecosystem [10].

Core Viewpoint - The People's Bank of China (PBOC) will conduct a 400 billion MLF operation to maintain liquidity in the banking system, with a focus on optimizing market liquidity structure [2] Group 1: MLF Operations - On December 25, the PBOC will carry out a 400 billion MLF operation with a one-year term, increasing the amount by 100 billion compared to the 300 billion MLF maturing in December [2] - This operation is part of a continuous effort by the PBOC, marking the seventh consecutive month of net liquidity injection through MLF since the reserve requirement ratio (RRR) cut in May [3] Group 2: Economic Context and Future Outlook - The central economic work conference emphasizes the need for a moderately loose monetary policy, focusing on stabilizing economic growth and ensuring reasonable price recovery [3] - There is a possibility of a reserve requirement ratio cut in the first quarter of 2026, which could inject significant long-term liquidity into the market [3] - Future monetary policy will prioritize balancing short-term and long-term goals, supporting economic growth while managing risks associated with capital turnover and local government debt [4]