【导读】三星推出 Galaxy Z TriFold 折叠手机，罗永浩辣评：意义在哪里？ 中国基金报记者 晨曦 可折叠手机市场，新品来了！ 12 月 2 日，三星宣布推出 Galaxy Z TriFold 折叠手机。三星称， Galaxy Z TriFold 展示 了其最先进的折叠技术，其纤薄的机身确保了高端手机的便携性，展开两次时还能展现沉浸 式的 10 英寸显示屏，提升生产力和电影般的观感。 折叠技术方面， Galaxy Z TriFold 采用三星迄今为止最先进的铰链，引入了专为 10 英寸屏 幕设计的新显示技术，该屏幕可折叠两次，成为口袋手机。外部采用先进材料，钛合金铰链 壳体引入一块薄金属，保护折叠机构并抵抗长期磨损。 屏幕方面，三星将 Galaxy Z TriFold 称为 " 三星最多功能的 AI 手机，搭载最大屏幕 " 。当 Galaxy Z TriFold 打开时，屏幕显示效果类似于三部 6.5 英寸智能手机在 10 英寸屏幕上， 为用户提供更多任务处理空间。 Galaxy Z TriFold 预计将于 2025 年 12 月 12 日在韩国上市，随后进入包括中国、中国台 湾、新加坡和阿联酋在 ...

Summary of Key Points Core Viewpoint - The article highlights the increase in new individual investor accounts in the A-share market, with November 2025 seeing 2.38 million new accounts, reflecting a 3% month-on-month growth but a 12% decline year-on-year compared to November 2024 [2][5]. Group 1: New Account Data - In November 2025, the total number of new A-share accounts reached 2.38 million, with 2.37 million from individual investors and approximately 0.97 thousand from institutional investors [5]. - The cumulative new accounts for the first 11 months of 2025 totaled 24.84 million, representing a year-on-year growth of 7.95% [2][5]. - The total number of A-share accounts reached approximately 39.48 million by the end of November 2025 [3]. Group 2: Monthly Trends - The new account numbers fluctuated throughout 2025, closely tied to market conditions, with significant increases in the first half of the year and a notable drop in October due to seasonal factors [7]. - The month of November 2025 saw a recovery in new accounts, increasing by 3% from October, which had experienced a 21% decline [7]. - Year-on-year comparisons show that November 2025's new accounts were lower than the previous year's 2.7 million, influenced by a high base effect from last year's market conditions [5][7]. Group 3: Brokerage Business Performance - The active participation of investors has led to a significant recovery in brokerage business, with a 17.02% increase in total revenue for 42 listed brokerages in the first three quarters of 2025, totaling approximately 419.56 billion yuan [9]. - Brokerage firms reported a 62.38% increase in net profit, driven by a 74.64% surge in brokerage income, reflecting the heightened trading activity in the market [9]. - The average daily trading volume for stocks and funds increased by 110% year-on-year, reaching approximately 1.93 trillion yuan, with the third quarter showing a remarkable 210% increase [9].

Core Viewpoint - The chairman of Aibisen, Ding Yanhui, opposed his own election as chairman due to dissatisfaction with his compensation package, despite being elected with unanimous support from the board [1][3]. Group 1: Company Overview - Aibisen specializes in providing a full range of LED display products and professional audiovisual solutions [3]. - In the first three quarters of the year, Aibisen reported a revenue of 2.872 billion CNY, representing a year-on-year growth of 5.66% [3]. - The net profit attributable to shareholders was 185 million CNY, showing a significant year-on-year increase of 57.33% [3]. Group 2: Executive Compensation - Ding Yanhui received a pre-tax compensation of 4.3556 million CNY in 2024, which is an increase of nearly 1.5 million CNY compared to 2.8845 million CNY in 2023 [3]. - Despite this increase, Ding Yanhui expressed his discontent with the remuneration for the chairman position, leading to his vote against his own election [1][3]. Group 3: Shareholding Structure - Ding Yanhui holds 12.467 million shares, accounting for 33.78% of the total share capital, making him the actual controller of the company [6][7]. - The largest shareholders include Ding Yanhui, who has a market value of approximately 2.087 billion CNY, and other significant shareholders such as Deng Jiangbo and Ren Yonghong [7].

来源：中国新闻网 2日，《咬文嚼字》编辑部发布"2025年十大流行语"。 l 2025年十大流行语 可考 手动 国家语言文字推广基地 《咬~文嚼字》杂志社 2 2025年十大流行语 具身智能 国家语言文字推广基地 《咬~久嚼字》杂志社 3 2025年十大流行语 最 苏 国家语言文字推广基地 《咬~久嚼字》杂志社 2025年十大流行语 t 赛博对账 2025年十大流行语 预制 × × 国家语言文字推广基地 《咬~又嚼字》杂志社 90 2025年十大流行语 活人感 国家语言文字推广基地 《咬~又嚼字》杂志社 9 2025年十大流行语 ×基础, x × × 不基础 国家语言文字推广基地 《咬~久嚼字》杂志社 "2025年十大流行语"发布说明 "2025年十大流行语"沿袭一贯的"双标准"原则，即坚持社会学和语言学评选标准。"韧性"位 居榜首，"苏超""赛博对账"也高票入选，这说明这一年度的大事要事、社会热点，都得到了社 会的广泛关注。 分析 "2025年十大流行语"，以下几点值得关注： 1. 智能时代已经来临， 汉语词库更新加速 ，增添了大批与人工智能相关的语词，语言打上了 明显的智能时代的烙印，比如进入榜单的 "具 ...

Group 1 - The Fujian sector has experienced a significant surge, with multiple stocks hitting the daily limit up, including Dongbai Group and Zhaobiao Co., among others [4][6] - On December 2, Fujian announced several favorable policies aimed at enhancing cross-strait integration and development, which contributed to the stock price increases [4][6] - The policies include support for Taiwanese enterprises in various sectors, such as land and sea use guarantees, tax incentives, and initiatives to promote cultural exchanges [6][7] Group 2 - The overall market showed a downward trend on December 2, with major indices like the Shanghai Composite Index falling by 0.42% and the Shenzhen Component Index by 0.68% [9] - Despite the overall market decline, 1,544 stocks rose, with 54 stocks hitting the daily limit up, indicating a selective strength in certain sectors [10][11] - The pharmaceutical sector also saw gains, with stocks like Renmin Tongtai and Haiwang Biological reaching their daily limit up [12]

【 导读 】 广汽埃安致歉承认 宣传 失误，明确埃安UT super没有配置天窗 中国基金报记者 邱德坤 近日，不少 用户 反馈网上出现埃安UT Super的天窗宣传图，并且 在 经客服确认存在该配置 后 才下单，但提车时发现实车没有天窗， 且 无法选装。 杨龙表示，这是在埃安社区上介绍 广汽集团、宁德时代、京东 三方合作生态内容的一张"天窗图片"，是内容审核失误， 公司 已快速修正 并全面自查。 "是内容审核的失误，已快速修正并全面自查，对此深表歉意。"在 12月1日 召开的一场 恳谈会上， 广汽集团埃安BU副总裁、埃安品牌首 席用户官杨龙表示，埃安UT super没有配置天窗。 埃安UT super由广汽集团、宁德时代、京东联合推出，号称是"国民好车"，但自11月9日正式发布 以来 出现多个问题，包含天窗配置误 导、租电方案藏隐性条款、发票开具 有地区 限制未提前明示等。 来源：广汽埃安 广汽埃安明确系 内容审核 失误 杨龙进一步表示， 自埃安UT Super发布至今，广汽集团、宁德时代、京东三方平台提供的埃安UT Super产品配置表，均可以看到没有天 窗配置。 为了尊重用户选择，上述三方承诺自11月9 ...

【 导读 】电子、化工获集中推荐，机构对年末行情现分歧 中国基金报记者 舍梨 12月券商"金股"正式出炉。截至12月1日，超40家券商研究所发布当月金股组合，行业分布显示，电子行业个股最受青睐，基础化工、有 色金属、电力设备等板块也获得重点配置。回顾11月"战绩"，国联民生证券、中信建投、中邮证券的金股组合收益率位列前三。 对于2025年最后一个月的行情，机构观点出现分歧。部分机构态度偏谨慎，认为市场短期可能缺乏强力催化剂，叠加年末投资者行为趋于 稳健，A股或进入震荡蓄势阶段。另一部分机构则认为，前期扰动因素正逐步缓解，在流动性环境支撑下，跨年乃至春季行情有望提前布 局。 券商12月金股聚焦电子、化工等板块 截至2025年12月1日，共有41家券商发布12月金股。在对券商金股股票池进行去重后，总共有264只A股。从绝对占比来看，券商12月金 股在电子、基础化工、有色金属、电力设备及新能源等行业配置比例较高。 （部分券商金股名单 数据来源：每市App） 11月券商金股收益排名出炉 回顾券商金股11月的市场表现，每市App数据显示，国联民生证券金股组合以3.31%的月度收益率摘得第一，中信建投金股组合以1.05% ...

Core Viewpoint - The article highlights a significant outflow of funds from stock ETFs, totaling over 8.32 billion yuan, despite a general rise in A-share indices, indicating a potential shift in investor sentiment and sector focus [2][3][5]. Fund Flow Summary - On December 1, the total net outflow from stock ETFs (including cross-border ETFs) was 8.32 billion yuan [5]. - The top five sectors with net inflows were: - Gold: 740 million yuan - Media: 370 million yuan - Pharmaceuticals: 270 million yuan - New Energy: 260 million yuan - Consumer Electronics: 220 million yuan [5]. - The top five sectors with net outflows included: - CSI 300 Index: 2 billion yuan - SSE 50 Index: 1.75 billion yuan - CSI A500 Index: 1.48 billion yuan - ChiNext: 1.18 billion yuan - CSI 1000 Index: 640 million yuan [5][10]. ETF Performance - The leading ETFs by net inflow on December 1 included: - ChiNext ETF: 2.58 billion yuan - CSI 500 ETF: 2.58 billion yuan - Game ETF: 2.58 billion yuan - Consumer Electronics ETF: 1.99 billion yuan - Broker ETF: 1.86 billion yuan [9][10]. - Conversely, the ETFs with the highest net outflows were: - SSE 50 ETF: -1.539 billion yuan - CSI 300 ETF: -1.415 billion yuan - ChiNext ETF: -757 million yuan - Broker ETF: -592 million yuan - CSI 1000 ETF: -447 million yuan [10]. Investment Outlook - The article suggests that the current market conditions may present a suitable opportunity for positioning in the upcoming spring market, with a focus on emerging technologies and undervalued consumer sectors [7][11]. - Key areas of interest include: - Technology Growth: Emphasis on sectors like internet, semiconductors, media, power equipment, and innovative pharmaceuticals [11]. - Consumer Sector: Noting that the fundamentals may have bottomed out, with valuations at historical lows, particularly in consumer goods, hotels, airlines, and retail [11]. - Non-ferrous Metals: Anticipated improvements in commodity performance due to easing expectations, with non-ferrous metals still offering valuation advantages [11].

Group 1 - The U.S. will reduce tariffs on South Korean automobiles to 15%, effective retroactively from November 1 [3][8] - Following the announcement, shares of Hyundai and Kia rose nearly 5% and 4% respectively, contributing to a nearly 2% increase in the South Korean Composite Stock Price Index [4][6] - The tariff reduction is part of a bilateral trade agreement that sets a 15% cap on potential future tariffs on semiconductors and pharmaceuticals, aligning South Korea with Japan in this regard [8] Group 2 - The U.S. also announced a zero-tariff agreement with the UK on pharmaceutical products, which includes a 25% increase in the net price paid by the UK for new drugs [9][10] - This agreement aims to enhance investment and innovation between the U.S. and the UK, addressing concerns from the pharmaceutical industry regarding the UK's business environment [10]

Core Viewpoint - The article commemorates the life and contributions of Zhao Bailin, a prominent atmospheric scientist and educator in China, who passed away at the age of 97, highlighting his significant achievements in atmospheric science and education [1][5]. Group 1: Personal Background and Education - Zhao Bailin was born in April 1929 in Liaoning Province and graduated from Tsinghua University in 1952, beginning his teaching career at Peking University the same year [3]. - He studied at Moscow University and the Soviet Academy of Sciences from 1957 to 1959, later becoming a professor in 1979 and an academician of the Chinese Academy of Sciences in 1991 [3][4]. Group 2: Academic Contributions - Zhao made significant contributions in various fields, including cloud precipitation physics, artificial weather modification, atmospheric remote sensing, and climate change [3][4]. - He conducted the first human balloon charge measurement experiment in clouds in the Soviet Union, which advanced the practice of artificial weather modification [3]. - He developed a series of multi-frequency microwave radiometers and established atmospheric microwave remote sensing stations, enhancing weather monitoring capabilities [3]. Group 3: Awards and Recognition - Throughout his career, Zhao received numerous awards, including the National Science Conference Award in 1978 and the National Teaching Progress First Prize in 1986 and 1987 [4]. - He was recognized as a "National Expert with Outstanding Contributions" in 1988 and received various other accolades for his contributions to science and education [4]. Group 4: Teaching and Mentorship - Zhao was dedicated to teaching and mentoring, having taught at Peking University for 73 years and trained many students at various academic levels [7]. - He was known for his meticulous teaching style, preparing detailed lecture notes and setting a high standard for his students and fellow educators [7]. Group 5: Personal Philosophy - Zhao believed in the importance of perseverance and hard work, emphasizing that life is about striving and making meaningful contributions [7]. - He maintained that success comes from deep understanding and innovation, encouraging a rigorous approach to scientific inquiry [7].