【 导读 】申通实控人陈小英 被 前夫起诉，要求分得超2000万股股份 中国基金报记者 忆山 1月21日晚间，申通快递发布关于诉讼事项的公告称， 公司实控人之一陈小英被前夫奚春阳 告上法院，要求分得超2000万股股份。截至1月21日收盘，申通快递每股报13.78元。按此 估算，奚春阳希望分得的股份市值约2.8亿元。 前夫要求分得超2000万股股份 公告显示，公司于近日收到玉环市人民法院送达的《民事起诉状》《应诉通知书》等有关诉 讼材料，自然人奚春阳以股东资格确认纠纷为由对公司、公司实际控制人之一陈小英提起民 事诉讼。 原告奚春阳认为，直接登记在陈小英名下的公司40568472股，系双方离婚时约定分割的特定 夫妻共同财产并经重组上市而转化形成的财产之一。根据双方离婚时对财产分割的约定，公 司与陈小英均应就前述40568472股的50%（即20284236股）归属于原告，并向中国证券 登记结算有限责任公司申请办理非交易过户至原告奚春阳名下的手续。 公开资料显示，陈小英出生于1976年，为申通快递的创始人之一。1993年，她与第一任丈夫 聂腾飞等人在杭州创办了神通综合服务部，不久后成立上海盛彤实业有限公司，为申通快 ...

最新！超990亿元，"跑了"！ 关键时刻，私募大佬吴伟志发声！ 深圳重磅发布！ 来源：新华社 针对美国领导人在瑞士达沃斯发表关于中国风力发电机的言论，外交部发言人郭嘉昆22日在例行记者会 上答问时表示，中国在应对气候变化、推动全球可再生能源发展应用方面所做努力有目共睹。作为负责 任发展中大国，中方愿同各方一道继续推动全球绿色低碳转型，共同建设清洁美丽的世界。 ...

Core Viewpoint - The article highlights a significant outflow of funds from stock ETFs in China, with a total net outflow exceeding 990 billion yuan, particularly from broad-based ETFs, while certain thematic ETFs experienced inflows [2][4]. Group 1: Fund Flows - On January 21, the total net outflow from the stock ETFs (including cross-border ETFs) reached 994.94 billion yuan, with broad-based ETFs suffering a net outflow of 1,078.03 billion yuan [4]. - The SGE Gold 9999 index saw the highest net inflow of 19.29 billion yuan, while the CSI 300 index experienced the largest net outflow of 581.98 billion yuan on the same day [4]. - Over a five-day period, the electric grid equipment theme index attracted over 8.9 billion yuan, and the SGE Gold 9999 index attracted over 8.3 billion yuan [4]. Group 2: Top Performing ETFs - The top inflow ETFs included the Electric Grid Equipment ETF with a net inflow of 14.38 billion yuan, the Chemical ETF with 8.26 billion yuan, and the Gold Stock ETF with 5.74 billion yuan [8]. - The latest scale of the Electric Grid Equipment ETF is 157.79 billion yuan, while the Chemical ETF stands at 267.11 billion yuan [8]. - The top outflow ETFs included the CSI 300 ETF, which had a net outflow of 168.28 billion yuan, and the CSI 1000 ETF with a net outflow of 138.52 billion yuan [9]. Group 3: Market Outlook - Guotai Fund expressed that the "spring excitement" market trend is not over, and the upward momentum in the Chinese stock market is expected to continue, focusing on growth sectors such as AI, electric power, and industrial metals [9]. - E Fund's index investment department manager noted that the market is likely to maintain a stable upward trend, with core assets in the large-cap growth sector showing potential for valuation recovery [10].

【导读】罗永浩被冻结71 4 万元股权 中国基金报记者 忆山 天眼查显示，1月20日，罗永浩新增一则股权冻结信息，股权所在企业为锤子科技（成都）股 份有限公司，冻结股权 金 额 为 713.95万元，执行法院为北京市丰台区人民法院，冻结期限 为2026年1月20日至2029年1月19日。 | | 序号 | 被执行人 | 股权所在企业 | 股权数额 | 执行法院 | | | 类型 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | (2026) 京0106执保30 | 罗永浩 | 锤子科技(成都)股 | 713.9548万人民 | 北京市丰台区人 | 股权冻结 | 冻结 | 2026-01-20 至 | 2026-01-20 | 详情 | | | 4号 | | 份有限公司 | 市 | 民法院 | | | 2029-01-19 | | | | 2 | （2023）京01财保258 קס | 罗永浩 | 成都锤子科技集团有 | 713.9535万人民 | 北京市第一中级 | 股权冻结 | 冻结 | | 2023- ...

Core Viewpoint - The current market is characterized by a "summer" phase of a bull market, with active trading, accelerated sector rotation, and a broadening profit effect, but without signs of full-blown bubble or extreme sentiment, indicating that both time and space have not yet peaked [2][5]. Group 1: Market Analysis - Compared to major global markets, the recent rise in the Chinese stock market is more of a "catch-up" rather than a "bubble," with the A-share market still undervalued despite a significant rebound in 2025 [4][6]. - As of the third quarter of 2025, the dynamic price-to-earnings ratio of the CSI 300 index is approximately 14 times, significantly lower than the S&P 500 (about 29 times) and the Nasdaq (about 42 times), indicating a relative undervaluation [6]. - The foundation of the bull market in China is solid, supported by the unshakeable advantage of the manufacturing sector, underestimated technological strength, cautious global corporate capital expenditure, and supportive policies [7]. Group 2: Investment Opportunities - The company identifies five key "hard asset" investment directions: "Technology Innovation+", pharmaceutical and biotechnology, supply-side reversal of resource products, gold, and high-dividend assets [8][9]. - In the "Technology Innovation+" sector, internet platform companies are experiencing a valuation recovery post-antitrust adjustments, with strong cash flows and enhanced dividends, while AI-enabled new businesses are emerging [9][10]. - The pharmaceutical and biotechnology sector is entering a harvest phase, with innovative drug development yielding global licensing opportunities, and the industry is at a historical low in valuation after four years of deep adjustment [10]. - The supply-side reversal of resource products is driven by a significant lack of capital expenditure over the past five years, coupled with rigid demand growth in new energy, military, and AI hardware, leading to a supply gap for key metals [10]. - Gold assets are gaining value as a non-credit asset amid global de-dollarization and ongoing geopolitical conflicts, with potential support for gold prices if the Federal Reserve continues to lower interest rates [10]. - High-dividend assets, such as those in the power, telecommunications, and banking sectors, provide stable cash flows in a declining interest rate environment, serving as a ballast in investment portfolios, especially during periods of increased volatility [10].

Core Viewpoint - Japan is deemed unqualified to assume the responsibilities of maintaining international peace and security, and thus lacks credibility in the international community, particularly regarding its bid for a permanent seat on the UN Security Council [2][3]. Group 1: Historical Context and Current Stance - The UN Security Council is highlighted as the core of the international collective security mechanism, essential for upholding post-war international order and peace [2]. - Japan's militarism has not been fully addressed, with right-wing forces in Japan attempting to glorify its invasion history and deny historical atrocities such as the Nanjing Massacre and the forced conscription of "comfort women" [2]. - Japanese leaders have shown tendencies towards militarism, including visits to the Yasukuni Shrine and advocating for nuclear armament, which pose new threats to regional and global peace [2]. Group 2: China's Position and Support for Reform - China, as a permanent member of the Security Council, expresses its commitment to safeguarding the outcomes of World War II and the post-war international order, advocating for constructive roles in maintaining international peace [3]. - China supports necessary and reasonable reforms of the Security Council to enhance its authority and efficiency, emphasizing the importance of increasing representation and voice for developing countries [3]. - The reform of the Security Council is framed as a critical issue that should be addressed through a comprehensive approach, with a focus on new reform ideas [3].

《通知》指出，要进一步深化考试招生制度改革，引导学生德智体美劳全面发展。各地要扎 实推进高考综合改革，构建科学系统的学生发展指导体系。持续深化考试内容和形式改革， 更好考查学生关键能力、学科素养和思维品质。有关高校要聚焦服务国家战略和区域发展， 统筹实施拔尖创新人才选育项目，严格规范校考工作，提升人才选拔的科学性、精准性。 《通知》要求，要进一步优化考试招生服务，营造积极向上、温馨和谐的良好环境。各地各 高校要加强对考生的人文关怀和综合服务保障，及时做好政策解读、信息发布、温馨提示、 答疑解惑。要推进"阳光志愿"信息服务系统建设，健全志愿填报咨询服务队伍建设，精心做 好志愿填报咨询服务，提醒考生谨防招生诈骗陷阱。 深圳重磅发布！ 来源：人民日报客户端 日前，教育部印发通知，对做好2026年普通高校招生工作进行部署，要求坚持稳中求进工作 总基调，更好统筹发展和安全，进一步加强改革创新，严格规范管理，推动考试招生事业高 质量发展。记者获悉， 2026年高考全国统考将于6月7日、8日举行。 《通知》强调，要进一步健全考试招生安全管理体系，保障高考安全平稳和公平公正。各地 各高校要严把考试入口关、监考关，积极推进信息 ...

Market Overview - On January 22, the A-share market opened high but closed lower, with the Shanghai Composite Index down 0.15%, Shenzhen Component down 0.17%, and ChiNext down 0.4% [2] - A total of 3,265 stocks rose, 60 stocks hit the daily limit, and 2,044 stocks fell, with a trading volume of 1.77 trillion yuan, an increase of 142.6 billion yuan compared to the previous trading day [3] Sector Performance - The oil and gas, aerospace military, superhard materials, coal, and photovoltaic sectors saw significant gains, while the precious metals and semiconductor equipment sectors experienced notable declines [3] - The superhard materials sector showed a strong upward trend, with stocks like Yujing Co. and Boyun New Materials hitting the daily limit [14] - The precious metals sector faced a downturn, with significant declines in stocks such as Western Gold and Xiaocheng Technology, which fell over 5% [18][20] Commercial Aerospace Sector - The commercial aerospace sector continued to recover, with stocks like Jili Rigging and Boyun New Materials seeing substantial gains [6] - Recent updates from companies like Xinghe Power and Blue Arrow Aerospace regarding their IPO progress have contributed to the positive sentiment in this sector [8] Oil and Gas Sector - The oil sector experienced a rapid increase, with major companies like PetroChina and Sinopec showing notable gains [10] - As of January 22, the Brent crude oil price was reported at $64.92 per barrel, up 5.85% from the beginning of the month [11] Superhard Materials Sector - The superhard materials sector is benefiting from advancements in artificial intelligence and related technologies, with expectations of significant growth in the industry [16] - The sector is projected to see a rise in demand, particularly for products related to artificial intelligence and robotics [14] Precious Metals Sector - The precious metals sector is undergoing a correction after previous gains, with gold prices fluctuating due to geopolitical factors and market sentiment [20] - The current price of gold has seen a decline, with spot gold trading around $4,787.966 per ounce, reflecting a nearly 1% drop [20]

Core Viewpoint - Apple has launched a limited-time promotion in China, offering discounts of up to 1000 yuan on selected products, excluding the newly released iPhone 17 series [2] Group 1: Promotion Details - The promotion runs from January 24 to January 27, 2026, and applies to products such as iPhone 16, MacBook, iPad, and Apple Watch, with a limit of 2 items per product category per customer [4] - Eligible payment methods include Alipay, Huabei, WeChat Pay, and specific credit cards, and the promotion cannot be combined with other discounts [4] Group 2: Market Response - Many consumers expressed skepticism about the promotion, with some stating that they would prefer to purchase from third-party retailers offering better deals [5] - The price of the 128GB iPhone 16 is listed at 5399 yuan, with a promotional price of approximately 5099 yuan, while similar models on JD.com are available for under 4500 yuan after subsidies [7][9] Group 3: Inventory and Pricing Strategy - Observers suggest that the price cuts may be a strategy to clear inventory ahead of the anticipated price increase for the iPhone 18 series due to rising chip costs [11] - Apple's pricing strategy, combined with domestic subsidy policies, has significantly boosted sales, with a reported 21.5% year-on-year increase in shipments in Q4 2025, reclaiming a 21.1% market share in China [14] Group 4: Sales Performance - Despite a decline in revenue from the Greater China region in FY2025, the launch of the iPhone 17 series has reversed this trend, with approximately 13.3 million units sold by the end of the 49th week of 2025 [14] - The iPhone 17 Pro Max has shown particularly strong performance, with over 7.85 million units activated and an average selling price of around 11,000 yuan [14]

中国基金报记者 郭玟君 深圳科技创新和产业发展迎来重大利好！ 1月22日，深圳市地方金融管理局发布《深圳市关于保险业助力科技创新和产业发展的行动方 案（2026 — 2028年）（征求意见稿）》（以下简称《行动方案》），公开向社会征求意 见。 【导读】深圳全面高效落实引耐心资本、大胆资本助力新质生产力发展 《行动方案》提出了推动保险支持科技创新和产业发展及构建保险业新发展格局的十六项措 施。每项措施的实施，都落实到具体牵头单位及责任单位。 未来三年每年为科技企业 提供风险保障超5万亿元 《行动方案》提出，力争到2028年底完成三方面工作目标 ： 一 是建立并完善与深圳经济社会发展水平相匹配的现代保险服务体系，推动保险业 为"20+8"战略性新兴产业集群和未来产业发展、企业"走出去"、深港金融合作提供坚实支 撑，助力深圳建设具有全球重要影响力的产业科技创新中心、产业金融中心和全球海洋中心 城市。 二 是科技保险规模、质量与竞争力全面提升，科技保险保费收入年均增速超10%， 每年为科 技企业提供风险保障超5万亿元 ；低空经济、人工智能等新兴产业保险服务实现突破，每年 推出不少于30款保险创新产品。 三是保险业规模 ...