作为柬泰两国共同的友好近邻，中方高度关注柬泰边境冲突，对冲突造成两国民众伤亡深 感痛心。希望双方从两国边境和平稳定和两国人民的共同利益出发，保持最大程度冷静克制， 尽快实现停火，回到通过对话协商解决分歧的轨道上来。中方正在并将继续劝和促谈，为推动 柬泰停火止战、重建和平发挥建设性作用。 记者： 据报道，泰国和柬埔寨军队近日发生边境冲突，泰军在柬军阵地缴获了中国制造 的反坦克导弹、火箭筒等装备。请问中方对此有何评论？ 蒋斌： 中国长期以来与柬埔寨、泰国都开展包括军贸在内的防务合作，不针对任何第三 方，完全符合国际法和国际惯例，更与柬泰边境冲突无关。我们希望有关方面不要主观臆测、 恶意炒作。 来源：国防部发布 ...

【导读】海天味业拟实施特别分红，每 10 股派发现金红利 3 元 中国基金报记者 郑俊婷 一向慷慨分红 的 海 天味 业（证券代码： 6 0328 8 ）拟加大投资者回报力度。 12 月 18 日晚间，海天味业发布公告称，拟实施 2025 年特别分红，向全体股东 每 10 股 派发现金红利 3 元（含税），合计拟派发现金红利 17.54 亿元（含税）。 海 天味 业表示， 2025 年公司整体保持了较好的发展态势和较强的竞争力，又恰逢全球最大 的调味品生产基地 —— 海天高明园区投产 20 周年且获评 " 世界灯塔工厂 " ，经董事会审 议，拟实施一次特别分红。 在此之前，海天味业已于 9 月份完成了 2025 年 A 股半年度分红，向 A 股全体股东每 10 股派发现金红利 2.6 元（含税），合计派发现金红利 15.19 亿元（含税）。 待此次特别分红完成， 海天味业 将合计分红 32.73 亿元（含税），约占 2025 年前三季度 归母净利润的 61.50% 。 Choice 数据显示，自 2014 年上市以来，海天味业每年都坚持现金分红，且多年 现 金股利 支付 率都在 60% 以上。 2021 年至 ...

Core Viewpoint - Zhongwei Company plans to acquire a controlling stake in Hangzhou Zhonggui Technology Co., Ltd. through a share issuance, with the stock suspension expected to last no more than 10 trading days [2][4]. Group 1: Acquisition Details - The acquisition is aimed at enhancing Zhongwei's semiconductor equipment platform and strengthening its core technology portfolio, providing more competitive integrated solutions for customers [5]. - Zhonggui Technology specializes in the research, production, and sales of high-end Chemical Mechanical Polishing (CMP) equipment, primarily for 12-inch wafers [5]. - The transaction is not classified as a major asset restructuring or related party transaction, and it will not change the actual controller of Zhongwei [4][5]. Group 2: Company Overview - Zhongwei Company is a leading domestic semiconductor equipment manufacturer, providing etching, film deposition, and MOCVD equipment for various semiconductor products [6]. - The company has successfully developed ICP etching equipment, covering over 95% of etching application needs, with increasing demand due to advancements in process technology [6]. - Zhongwei's MOCVD equipment for gallium nitride remains globally competitive, with plans to extend into mini/microLED and power device markets [6]. Group 3: Market Performance - As of December 18, Zhongwei's stock price was 272.72 CNY per share, with a total market capitalization of approximately 170.8 billion CNY [7]. - The stock has experienced a 52-week high of 342.50 CNY and a low of 164.61 CNY, indicating significant volatility in its market performance [8].

Core Viewpoint - The establishment of the Academic Committee of the China Capital Market Society is a significant step to enhance theoretical research and serve as a think tank for the development of China's capital market [5][6]. Group 1: Importance of Theoretical Research - Strengthening theoretical research in the capital market is essential for understanding the development laws of the capital market and promoting high-quality development [6]. - The focus will be on creating a theoretical framework that aligns with both market principles and China's specific conditions, emphasizing marketization, rule of law, and internationalization [6]. Group 2: Key Issues and Suggestions for the 14th and 15th Five-Year Plans - The 14th Five-Year period has seen a stable and healthy development of the capital market, while the 15th Five-Year period is viewed as critical for enhancing quality and functionality [7]. - Suggestions include improving the inclusiveness and adaptability of listing and trading systems to attract high-quality enterprises from new productive sectors [7]. - There is a call to expand patient, long-term, and strategic capital supply, and to actively engage in mergers and acquisitions while enforcing regular delisting [8]. Group 3: Regulatory and Governance Enhancements - The application of artificial intelligence in capital market governance and regulation needs to be improved [8]. - There is a strong emphasis on combating financial fraud and enhancing investor protection and education [8].

Core Viewpoint - The article emphasizes the importance of global economic changes and market opportunities as a critical point for investors to determine their investment direction, highlighting the role of Guotai Junan in supporting investors to enhance their long-term investment success [1]. Group 1: Insights from Jim Rogers - Jim Rogers, a renowned investor, expresses a long-term optimistic view on the Chinese capital market, stating that he holds many Chinese stocks and believes China will become the most important economy in the world in the next decade [8]. - He identifies specific investment opportunities in sectors benefiting from China's development, such as tourism, transportation, aviation, and undervalued agriculture [8]. - Rogers notes the resilience of the Chinese market, stating that while many markets have collapsed, China has remained stable, and he is eager to increase his holdings in Chinese assets during future market downturns [8]. Group 2: Global Market Trends - Since 2009, most global markets have experienced a prolonged period of growth, which is historically rare, prompting caution regarding potential risks as easy profits may lead to complacency among investors [8]. Group 3: AI Industry Perspective - Rogers acknowledges that while the AI industry is likely to experience bubbles, he does not see an immediate bubble forming and advises against excessive concern in the short term [9]. Group 4: Investment Strategy and Advice - Rogers advises investors to focus on areas they understand, avoid following popular trends blindly, and maintain a disciplined approach to investing, particularly for younger investors [9]. - Guotai Junan's app aims to provide tailored investment strategies based on the insights shared during the live session, helping investors seize opportunities in the Chinese capital market by 2026 [9]. Group 5: Service Innovation and Digitalization - Guotai Junan is enhancing its investor services through a new AI-driven app, integrating professional capabilities with digital technology to support investors throughout their investment journey [14]. - The app focuses on four core scenarios: monitoring, trading, dialogue, and live streaming, aiming to improve service efficiency and provide a comprehensive investment experience [17].

Core Viewpoint - Nandu Power announced the termination of the planned change in control, with its stock resuming trading on December 19 after a five-day suspension [2][6]. Group 1: Control Change Announcement - On December 11, Nandu Power disclosed that its controlling shareholders were planning a change in control and the sale of the lead recycling business, leading to a temporary suspension of trading [6]. - Despite ongoing discussions, the parties involved could not reach a consensus on key terms, prompting the decision to terminate the control change [6][7]. Group 2: Business Performance - Nandu Power has faced significant pressure on its performance, with a projected revenue decline of 45.56% in 2024 and a net loss attributable to shareholders of 1.497 billion yuan [9]. - In the first three quarters of the current year, revenue decreased by 24.8%, with a net loss of 220 million yuan, and the company's debt-to-asset ratio reached 79% [9]. - The poor performance of the lead recycling business has been a major factor in the company's struggles, with a reported gross margin of -11.02% for this segment [9]. Group 3: Stock Performance - Since November, Nandu Power's stock has shown a downward trend, but it rebounded after hitting a one-month low on December 5, with a cumulative increase of 10.39% in the two trading days before the suspension [10]. - The stock closed at 18.38 yuan per share, giving the company a market capitalization of approximately 16.5 billion yuan [10].

Group 1 - The core viewpoint of the article emphasizes the urgent need for a ceasefire and de-escalation in the Cambodia-Thailand border conflict, highlighting the detrimental effects of the ongoing violence on both nations and ASEAN unity [2] - Wang Yi, the Chinese Foreign Minister, expressed China's commitment to mediating the conflict and supporting ASEAN's efforts for reconciliation, indicating that a Chinese envoy has been dispatched to facilitate communication between Cambodia and Thailand [2] - Both Cambodian and Thai officials appreciated China's neutral stance and mediation efforts, indicating a willingness to collaborate with China to restore peace and stability in the region [2]

Group 1 - A drone attack in Rostov region resulted in 3 deaths and 9 injuries, with significant damage to a cargo ship in Rostov-on-Don [2] - Another attack in Bataysk city led to 1 death and 6 injuries, with two residential buildings set on fire [3] Group 2 - The Russian Defense Ministry reported capturing a settlement in Dnipropetrovsk region and targeting Ukrainian military infrastructure, including drone assembly facilities [4] - Ukrainian armed forces reported 87 battles against Russian troops across six fronts, with significant resistance in the Pokrovsk direction [4] Group 3 - President Putin expressed readiness for negotiations to resolve issues arising in recent years, claiming that the West instigated the conflict [5] - Putin criticized the previous U.S. administration for escalating tensions and emphasized the need for continued technological advancement in the Russian military [6]

【导读】美光科技拯救AI交易 消息面上， 美光科技在盘前交易中大涨约10%，此前公司给出的营收预测高于市场预期。 隔夜，纳指接近2%的跌幅，源于投资者开始质疑：站在人工智能浪潮前沿的企业，是否还能持续用昂贵的估值和激进的资本开支来"自圆其说"？ 作为美国最大的电脑内存芯片制造商，美光给出了当前季度的乐观指引，显示在需求飙升与供给短缺的背景下，公司能够以更高价格出售产品。 公司周三发布声明称，财年第二季度营收预计为183亿至191亿美元，而分析师对该季度的平均预期仅约144亿美元；剔除部分项目后，每股收益预计为 8.22至8.62美元，显著高于市场预测的4.71美元。 美光CEO桑杰·梅赫罗特拉（Sanjay Mehrotra）在声明中称，公司处于"AI不可或缺的赋能者"位置，并正在加大投入，以满足客户对内存与存储不断增长 的需求。 AI算力组件的"饥渴式"需求正在超过供给，为美光等公司带来利好。但个人电脑所用的相对低端内存也出现短缺，部分原因在于内存行业正在把产能转向 更先进的技术，以服务AI数据中心。 运营执行副总裁马尼什·巴蒂亚（Manish Bhatia）在采访中表示："无论从规模还是持续时间来看，这是 ...

【导读】超级央行周持续推进，瑞典央行、挪威央行均 " 按兵不动 " 中国基金报记者 晨曦 大家好！超级央行周进入尾声，来一起关注海外央行的最新动态～ 12 月 18 日， 瑞典央行 宣布维持政策利率在 1.75% 不变，符合市场预期。 无独有偶，当日 挪威央行 宣布将政策利率维持在 4% 不变。对于部分欧洲国家而言，宽松周期或许将告一段落。 来看详情 —— 瑞典央行指出，尽管通胀每月略有波动，但整体上与瑞典央行 9 月份的预测一致，接近 2% 。指标继续支持通胀压力与未来目标相符的图 景。 瑞典央行表示，与 9 月份的预测相比，经济增长有所提升，经济活动预计更为强劲。劳动力市场形势依然疲弱，但明显有所改善。尽管经 济形势恢复正常还需要一段时间，但执行委员会相信复苏已经开始。 总体来看，瑞典央行认为，经济前景稍好，通胀预期将保持稳定。执行委员会评估，维持当前政策利率水平有助于增强国内需求，从而促 进经济活动发展。 因此，执行委员会决定将政策利率维持在 1.75% 不变。如果通胀和经济前景维持，政策利率预计将在未来一段时间内维持在这个水平。 瑞典央行：维持基准利率 1.75% 不变 未来一段时间将维持该利率 12 ...