来源： 人民网 应急管理部派工作组指导包钢板材厂爆炸事故救援处置 国务院安委会决定对事故查处挂牌 督办 记者从应急管理部获悉，1月18日15时许，内蒙古包头市包钢板材厂发生爆炸事故，截至19日6 时，已造成2人死亡、8人失联、84人受伤。接报后，应急管理部立即作出部署，要求科学组织搜 救，进一步核清人员情况，防止发生次生事故；全力救治伤员，最大程度减少伤亡；尽快查明原 因，举一反三，坚决避免类似事故发生。 应急管理部有关负责人已率工作组赶赴现场指导救援处置。国务院安委会决定对该起事故查处挂 牌督办。 ...

Core Viewpoint - Chery Automobile is fully embracing AI, with Chairman Yin Tongyue stating that AI is as transformative as the steam engine and electricity, and aims to rapidly catch up with Tesla's Full Self-Driving (FSD) capabilities [6][7]. Group 1: AI Strategy and Goals - Chery aims to become one of the most committed and in-depth technology companies in China embracing AI, with a focus on three strategic directions: empowering products, intelligence, and industry to achieve product equality, emotional equality, and industrial equality [6][7]. - The company is benchmarking against Tesla, sending teams to the U.S. to experience Tesla's FSD and Grok model combinations to identify gaps and accelerate catch-up efforts [6][7]. Group 2: AI Empowerment in Products - Chery is focusing on its core business of smart vehicles, enhancing smart cockpits, intelligent driving, powertrains, and chassis through AI [8]. - The company plans to implement L2++ level driver assistance across its entire lineup domestically and aims for mass production of L3/L4 level autonomous vehicles and Robotaxi [9]. Group 3: International Development and Innovation - Internationally, Chery will develop VPD (Valet Parking Driver) technology to ensure all users can equally enjoy the safety, security, and convenience brought by AI [10]. - The company has established an open innovation system focusing on nine forward-looking areas, including 2C technologies (batteries, chips), 2R technologies (humanoid robots, Robotaxi), and 3G technologies (green energy, materials, computing) [10]. Group 4: Challenges in AI Integration - Chery acknowledges three major challenges in the integration of AI and the automotive industry: safety challenges due to the complexity of training data and the risks of AI decision-making [12]. - Legal and ethical challenges arise from data privacy, algorithm fairness, and defining responsibilities in accidents, necessitating a governance framework aligned with human values [13]. - Quality management challenges are highlighted, as the introduction of extensive software may lead to numerous bugs, requiring a new quality management logic suitable for AI development [14].

【导读】上午 A 股三大指数涨跌不一，电网设备、旅游酒店、商业航天等板块走强， CPO 等重挫 中国基金报记者 张舟 大家好，新的一周又开始了，基金君和你继续关注市场行情！ 1 月 19 日上午， A 股三大股指涨跌不一。截至午间收盘，沪指报 4107.18 点，涨 0.13% ，深证成指跌 0.01% ，创业板指跌 0.64% 。 个股涨多跌少，全市场共 3381 只个股上涨， 51 只个股涨停， 1923 只个股下跌。成交额 方面，沪深两市半日成交额为 1.79 万亿元，较上个交易日缩量 1985 亿元。 从板块看，电网设备、旅游酒店、商业航天、人形机器人、化工板块涨幅居前；保险、通信 设备、文化传媒等板块下挫。 | | | Wind热门概念指数 | | | | | Wind中国行业指数 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 特高压 | 中航系 | 海南自贸港 | 氟化工 | 化学原料 | 石油化工 | 餐饮旅游 | 发电设备 | 化纤行业 | 化肥农药 | | 5.51% | 3.36% | 3.35% ...

Core Viewpoint - The successful return of the Shenzhou-20 spacecraft marks a significant achievement in China's manned space program, demonstrating the spacecraft's capability for extended missions in orbit and effective emergency response measures [2]. Group 1: Mission Overview - The Shenzhou-20 spacecraft successfully landed at the Dongfeng landing site on January 19, 2026, after a mission duration of 270 days in orbit [2]. - The spacecraft was launched on April 24, 2025, and successfully docked with the space station, but its return was delayed due to a suspected impact from space debris [2]. - The mission involved extensive testing and verification of the spacecraft's ability to remain in orbit for up to nine months [2]. Group 2: Emergency Response - Following the discovery of a suspected impact on the spacecraft's window, the mission command quickly organized simulations and tests to assess the situation and adjusted the mission plan accordingly [2]. - An emergency plan was initiated, which included the installation of a window crack treatment device by astronauts inside the Shenzhou-20 spacecraft to enhance thermal protection and sealing capabilities during re-entry [2]. - The Shenzhou-21 spacecraft was launched on November 25, 2025, marking China's first emergency launch in its manned space history [2]. Group 3: Future Developments - The Shenzhou-23 spacecraft has arrived at the Jiuquan Satellite Launch Center to take over backup duties, with the Long March 2F Yao-13 rocket set to be launched soon [2]. - The successful completion of the Shenzhou-20 mission signifies the fulfillment of major tasks in China's space station emergency operations [2].

Group 1 - On January 16, the A-share market opened high but closed lower, with all three major indices declining. The stock ETF market continued to experience net outflows, with a total outflow of over 85.5 billion yuan on that day [2][4]. - As of January 16, the total scale of 1,308 stock ETFs in the market was approximately 4.9 trillion yuan. The number of fund shares decreased by 15.365 billion, leading to a net outflow of 85.505 billion yuan based on average pricing [4][5]. - Industry-themed ETFs and strategy-style ETFs saw significant inflows, amounting to 19.118 billion yuan and 1.768 billion yuan, respectively. ETFs tracking the semiconductor materials and equipment index had the highest single-day inflow of 2.995 billion yuan [5]. Group 2 - On January 16, 57 ETFs had net inflows exceeding 1 billion yuan, with the top three being the non-ferrous metals ETF (1.811 billion yuan), semiconductor equipment ETF (1.785 billion yuan), and electric grid equipment ETF (1.562 billion yuan) [5][6]. - The top 20 stock ETFs by net inflow included the non-ferrous metals ETF, semiconductor equipment ETF, and electric grid equipment ETF, with respective inflows of 1.811 billion yuan, 1.785 billion yuan, and 1.562 billion yuan [6]. - Conversely, broad-based ETFs experienced significant net outflows, totaling 106.907 billion yuan, with the CSI 300 index products seeing a net outflow of 58.007 billion yuan [8][9]. Group 3 - The fund manager from E Fund indicated that January is a traditional "opening red" window for credit issuance, expecting the market to enter a "spring offensive" driven by ample liquidity and improved risk appetite [10]. - ICBC Credit Suisse Fund anticipates that more industrial policy details will be implemented in 2026, particularly in technology innovation and green transformation, with monetary policy likely to remain moderately loose [11].

来源：新华社 针对事故可能造成的影响，包头市组织力量对厂区及周边5公里范围内安全隐患进行全面排 查。事故厂区已停止生产；城市供电、供水、供气、通信运行及居民供暖正常，周边企业生产 运营未受影响；经生态环境部门跟踪监测，暂未发现本次事故对周边大气、土壤等环境造成影 响，现场无废水产生；对周边居民房屋受损情况进行全面排查和修复，暂未发现结构性安全问 题。 发布会介绍，自治区已成立事故调查组，正深入调查事故原因和责任。包头市将对失职失责人 员依法依规严肃问责。公安机关已依法对相关企业责任人采取措施。 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 投资热点说 ETF风向标 IPO情报站 fe o 1 ■ a a - 444 and 4 4 CHINAFUND CHINAFUND CHINAFUND CHINAFUND 开盘速递 港股日报 全球早班车 数说人物 √ � [ 8 a 4 a g a d 4 4 4 CHINAFUND CHINAFUND CHINAFUND CHINAFUND ●微信搜一搜( 〔 〔 中国基金报 〕即刻获取财经资讯 19日，内蒙古自治区包头市关于包钢板材 ...

Core Viewpoint - International gold and silver prices have surged to new historical highs, driven by geopolitical tensions and investor demand for safe-haven assets [2][6]. Group 1: Gold Price Movement - On January 19, the London spot gold price reached a peak of $4,690 per ounce, marking an increase of over 2% and setting a new record [2]. - The previous closing price was $4,677.628, with an opening price of $4,595.860, indicating a significant upward movement [3]. Group 2: Silver Price Movement - Concurrently, spot silver prices also rose sharply, surpassing $94 per ounce with an increase of over 4%, achieving a new historical high [2]. - The previous closing price for silver was $93.174, with an opening price of $90.134, reflecting a notable rise [4]. Group 3: Jewelry Prices - Retail gold prices for jewelry remain high, with Chow Tai Fook's gold jewelry priced at 1,436 RMB per gram and Chow Sang Sang at 1,429 RMB per gram, both at recent peaks [6]. Group 4: Geopolitical Factors - The ongoing geopolitical tensions have heightened investor concerns, leading to increased demand for gold as a safe-haven asset [6]. - Recent U.S. tariff threats against several countries have further fueled the influx of investment into the gold market, providing strong upward momentum for prices [8]. Group 5: Economic Data Influence - Recent U.S. consumer inflation data has reinforced market expectations for potential interest rate cuts by the Federal Reserve, which could support bullish sentiment in the gold market [8].

Core Viewpoint - The electrical and grid sector is experiencing a strong rally, while AI application sectors are undergoing collective adjustments [2][11]. Market Overview - As of January 19, the A-share market indices have turned positive, with the Shanghai Composite Index up by 0.50%, the Shenzhen Component Index up by 0.60%, and the ChiNext Index up by 0.39% [2][3]. - The total trading volume reached 1.06 trillion, with a predicted total of 2.86 trillion, a decrease of 192.5 billion [3]. Sector Performance - The electrical and grid sector has shown significant gains, with notable performances in ultra-high voltage, petrochemicals, and tourism sectors [3][4]. - AI application sectors, including internet, education, and cultural media, are experiencing declines, with several stocks hitting their daily limit down [4][12]. Notable Stocks - In the electrical and grid sector, stocks such as Shuangjie Electric and Guangdian Electric have reached their daily limit up, with Shuangjie Electric increasing by 20% [7][8]. - Other notable stocks include YN Power, which rose by 17.44%, and Kabeiyi, which increased by 15.24% [8]. Export Growth - Data from the General Administration of Customs indicates that by 2025, China's exports of wind turbine generators to the EU are expected to grow by 65.9%, with exports of direct current charging piles and energy storage batteries increasing by 25.4% [9]. Investment Plans - The State Grid announced that fixed asset investments during the 14th Five-Year Plan period are expected to reach 4 trillion yuan, a 40% increase compared to the previous plan [10]. AI Application Trends - The AI application sector is seeing a downturn, with significant declines in stocks related to internet and cultural media [12][13]. - The focus is shifting towards B-end applications, with expectations for commercial value realization in AI applications [12]. Stock Performance - Fenglong Co. has achieved a 14-day consecutive limit up, with a total increase of 280% since December 17, 2025 [15][16]. - The company has announced that its stock price has significantly deviated from its fundamentals, indicating potential risks of rapid price declines [15][17].

来源：央视新闻 les & FR 点击下载中国基金报客户端 ■ 中国基金报内容矩阵 ■ 据央视新闻消息，总台记者 当地时间18日获悉， 欧盟多国正考虑对价值930亿欧元的输欧美 国商品加征关税，或限制美国企业进入欧盟市场 ，以反制美国总统特朗普为得到格陵兰岛而 对欧洲8国加征关税。 巅峰对话 投资热点说 ETF风向标 IPO情报站 fe o 1 ■ a a - 444 and 4 4 CHINAFUND CHINAFUND CHINAFUND CHINAFUND 开盘速递 港股日报 全球早班车 数说人物 √ � [ 8 a 4 a g a d 4 4 4 CHINAFUND CHINAFUND CHINAFUND CHINAFUND ●微信搜一搜( 〔 〔 中国基金报 〕即刻获取财经资讯 一名欧盟外交官当天透露称， 如果欧盟与美国未能达成协议，报复性关税将从2月6日起自动 生效。 特朗普17日在社交媒体上宣布，将从2月1日起对来自丹麦、挪威、瑞典、法国、德国、英 国、荷兰和芬兰的输美商品加征10%关税，并宣称加征关税的税率将从6月1日起提高至 25%，直到相关方就美国"全面、彻底购买格陵兰岛"达成协议。 近日 ...

2026年开年，A股"春季躁动"行情启动，商业航天、脑机接口、半导体等板块轮番演绎，人形机器人、创新药概念股持续活跃。市场活跃 背景下，全市场寻找"最锋利的矛"，弹性较高的投资工具吸引短期资金竞相追逐。 在市场躁动行情中，银华智享混合型基金拟任基金经理方建表示，投资中既要打造"锋利的矛"，也要搭配控制回撤、降低波动的"盾"，收 益稳健、回撤较小、可以持续给客户赚钱的产品，以及集成电路等细分行业专家管理的主题基金，或是比较符合投资者需求的两类产品， 这也是他在产品线关注的重要方向。 落实到投资方法上，他会在全市场精选成长股，重点寻找未来3至5年业绩增长突出、确定性强的优质行业或赛道，从中选出已经走出来 的"从1到N"且距离天花板还有足够空间的核心龙头公司并长期持有，力争获取优质成长股业绩增长带来的长期回报。 在他看来， 学习 查理• 芒格"买入好行业里面的好公司并长期持有"，这个投资框架大道至简，但由于过往A股市场情绪波动较大，在坚持 正确的投资理念背景下，还需要兼顾投资者体验，才能长期陪伴投资者，力争让投资者能够享受到成长股投资的长期较好回报。 充分发挥成长股进攻性优势 兼顾绝对收益运作 方建，清华大学材料学 ...