来源：证监会发布 中国证监会召开2026年系统工作会议 1月15日，中国证监会召开2026年系统工作会议，总结2025年工作，分析当前形势，研究部 署2026年工作。中国证监会党委书记、主席吴清出席会议并讲话。 会议认为，2025年证监会系统坚持以习近平新时代中国特色社会主义思想为指导，坚决落实 党中央、国务院决策部署，一体推进防风险、强监管、促高质量发展，会同有关方面合力稳 市场、稳信心、稳预期，资本市场在多重风险挑战交织叠加的严峻考验下顶压前行，向新向 优发展，韧性和活力明显增强。一是筑牢风险防波堤防浪堤，推动构建中国特色稳市机制， 中长期资金入市取得重要突破，市场呈现回暖向好态势。二是全面强化"五大监管"，加快构 建财务造假综合惩防体系，开展打击私募基金违法违规专项工作，全年查办证券期货违法案 件701件，罚没款154.7亿元，监管执法质效有效增强。三是深化投融资综合改革，推出科创 板改革"1+6"政策举措，启用创业板第三套标准，修订重大资产重组管理办法，启动公募基金 改革，全年上市公司现金分红回购合计2.68万亿元，高质量发展动能进一步集聚。四是健全 股债期产品和服务体系，全年IPO、再融资合计1.2 ...

Group 1 - Apple's Trade In program now includes Android brands such as Huawei and Xiaomi for device trade-in [2][3] - The trade-in values for various devices are as follows: iPhone 16 Pro Max up to 5800 yuan, iPad Pro up to 5800 yuan, iPad Air up to 3500 yuan, MacBook Pro up to 6050 yuan, and Mac Pro up to 14000 yuan [4] - Specific trade-in values for Android devices include: Huawei Mate X5 up to 2850 yuan, Huawei Mate 70 Pro+ up to 2750 yuan, Oppo Find X8 Pro up to 1700 yuan, Vivo iQOO 13 up to 1600 yuan, and Xiaomi 15 Pro up to 1600 yuan [4] Group 2 - Previously, only e-commerce platforms like JD and Tmall supported cross-brand trade-in services, while Apple's official site only accepted its own brand devices [6] - IDC forecasts that global smartphone shipments will reach 1.26 billion units by 2025, with Apple maintaining the top position in shipments at 247 million units, a 6.3% year-on-year increase [7] - In the Chinese market for 2025, Huawei is projected to lead with a market share of 16.4%, closely followed by Apple at 16.2% [7] - IDC warns that the smartphone market, particularly for Android manufacturers, will face significant challenges in 2026, with a potential decline in sales due to a shortage of storage chips [7]

Core Insights - Tencent's WeChat Wealth Management reported that 98% of users achieved profitability in 2025, with users holding equity funds such as indices, stocks, and mixed funds achieving an annualized return of 24.8% [2][4][3] - Cumulative profits for users since inception exceeded 100 billion yuan, highlighting the significance of equity investments in user profitability for 2025 [4] - The introduction of a "long-term investment" section focused on fixed income and funds resulted in 100% profitability for users holding investments for over a year [4] Investment Trends - Regular investment (DCA) has become a preferred method for users to manage high-volatility equity assets, with 14% of all users opting for this strategy, and 26% among equity fund investors [4] - Users who engaged in regular investments saw a 60% higher return compared to those who made one-time purchases, demonstrating the effectiveness of this strategy [4] User Benefits and Services - Tencent Wealth Management enhanced its membership services in 2025, offering exclusive benefits such as special financial packages, investment welfare cards, and fee reductions for nearly 3 million users [4][10] - The platform aims to create a service loop that combines earning and saving for users, effectively reducing various investment costs [4] Institutional Collaboration and Content Services - The partnership with Huatai PineBridge Fund focuses on enhancing user investment decisions through professional asset matching, market analysis, and educational content [6] - The integration of various WeChat tools, such as video accounts and mini-programs, has improved the dissemination of financial knowledge and investment services [8] Functionality and Innovation - Tencent Wealth Management continues to innovate by upgrading its membership system and launching practical investment tools like "Hot Opportunities" and "Index Hot Rankings" to assist users in decision-making [10] - Features such as family accounts and AI-driven investment insights are designed to enrich user experience and provide comprehensive financial services [10]

【导读】金融总量平稳增长，为经济回升向好创造适宜货币金融环境 中国基金报记者 李树超 张玲 1月15日，中国人民银行发布2025年金融统计数据报告。报告显示，2025年末社会融资规模 存量为442.12万亿元，同比增长8.3%。广义货币（M2）、狭义货币（M1）、本外币贷款余 额同比分别增长8.5%、3.8%、6.2%。 | 信息公开 | 新闻发布 法律法規 | | 货币政策 宏观审慎 信贷政策 金融市场 金融稳定 调查统计 银行会计 支付体系 | | | | --- | --- | --- | --- | --- | --- | | | 金融科技 经理国库 | 人民币 | 国际交往 人员招录 | 学术交流 征信管理 | 反洗钱 党建工作 | | 服务互动 | 政务公开 政策解读 公告信息 图文直播 央行研究 | | 音频视频 市场动态 网上展厅 报告下载 报刊年鉴 | | | | | 网送文告 办事大厅 在线申报 下载中心 网上调查 同志 > 农村碑志 > | | | 意见征集 金融知识 | 关于我们 | | | | 受访专家表示，2025年金融总量平稳增长，M2增速加快为经济回升向好创造适宜货币金融环 境 ...

张迎春 （资料图） 来源： 石榴云/新疆日报客户端、政事儿、长安街知事 此次调职新疆前，张迎春在湖南省政府的分工为： 负责省政府常务工作。负责发展改革、教 育、应急管理、税务、统计、机关事务管理、粮食和物资储备、铁路建设、机场建设、人防 建设、国防动员、援藏援疆、人大代表建议和政协提案办理工作，协助负责财政工作。 石榴云/新疆日报客户端1月16日消息，中共中央批准：张迎春同志任新疆维吾尔自治区党委 委员、常委。 公开简历显示，张迎春出生于1970年11月，湖南长沙县人，曾长期在长沙工作，2007年任 长沙市雨花区区长，2008年任长沙市开福区委书记，2012年任长沙市委常委，次年任副市 长。 2017年开始，张迎春历任长沙市常务副市长，湖南湘江新区党工委副书记、管委会主任等 职，2019年2月调任湘潭 市 代市长，3月当选为市长。 2021年7月，张迎春任湘潭市委书记，2021年11月任湖南省委常委，2022年2月，她任湖南 省副省长，2023年11月任湖南省常务副省长。 ...

来源：国新办 国新办举行新闻发布会 介绍2025年国民经济运行情况 1月16日，据国新办官网， 国务院新闻办公室将于2026年1月19日（星期一）上午10时举行新闻发布会， 请国家统计局局长康义介绍 2025年国民经济运行情况，并答记者问 。 采 访 通 知 国务院新闻办公室 2026年1月16日 国务院新闻办公室将于2026年1月19日（星期一）上午10时举行新闻发布会， 请国家统计局局长康义介绍2025年国民经济运行情 况，并答记者问 。欢迎出席。 新闻发布会安排全程英文同声传译。 为使记者在发布会上获得更多信息，欢迎通过电子邮件将您对此场发布会感兴趣和关注的问题提供给我们。 邮箱：notice@scio.gov.cn 传真/电话：65592311 注意：请持国务院新闻办新闻发布会采访证出席，并在参会期间始终佩戴。 集体大跌！002195，640万手封死跌停 ...

Core Viewpoint - The meeting between Chinese President Xi Jinping and Canadian Prime Minister Carney emphasizes the importance of a new type of strategic partnership between China and Canada, focusing on mutual respect, common development, trust, and cooperation to benefit both nations and contribute to global stability [2][3][5]. Group 1: Key Points from Xi Jinping's Remarks - Xi highlighted the need for mutual respect as partners, acknowledging the historical ups and downs in China-Canada relations over the past 55 years, and the importance of respecting each other's sovereignty and political systems [3]. - He stressed the essence of mutual development, indicating that the economic relationship is mutually beneficial, and China's high-quality development will continue to provide new opportunities for cooperation [3]. - Xi called for building mutual trust, emphasizing the importance of people-to-people connections through education, culture, tourism, and sports to strengthen the foundation of public opinion [3]. - He advocated for mutual cooperation, stating that a divided world cannot address common challenges, and emphasized the need for true multilateralism and a shared human destiny [3]. Group 2: Key Points from Canadian Prime Minister Carney's Remarks - Carney acknowledged the long-standing friendly relations between Canada and China, highlighting the economic complementarity and shared interests that present numerous opportunities for collaboration [5]. - He reiterated Canada's commitment to the One China policy and expressed a desire to work together with China in various fields, including trade, energy, agriculture, finance, education, and climate change [5]. - Carney emphasized that multilateralism is the cornerstone of global security and stability, and he recognized the significance of Xi's global governance initiatives in the current complex international landscape [5].

Market Overview - The A-share market experienced fluctuations, with the Shanghai Composite Index down by 0.22% to 4103.45, the Shenzhen Component Index down by 0.1% to 14293.08, and the ChiNext Index down by 0.01% to 3367.45 [2][3] - The total trading volume reached 2.01 trillion CNY, with a predicted increase to 3.17 trillion CNY, an increase of 229.2 billion CNY [3] Semiconductor Sector - The semiconductor sector showed a strong upward trend, with notable stocks such as Tianyue Advanced hitting a 20% limit up, and other companies like Pai Rui Shares and Yubang New Materials also seeing significant gains [8][9] - Storage chip stocks also rallied, with Jin Tai Yang reaching a 20% limit up and Bai Wei Storage increasing over 10% [10][12] Automotive Parts Sector - The automotive parts sector strengthened, with stocks like Fusi Technology hitting a 20% limit up, and other companies such as Ningbo Huaxiang and Hai'an Group also achieving significant gains [15][16] - The China Association of Automobile Manufacturers reported that by 2025, China's automobile production and sales are expected to exceed 34 million units, maintaining its position as the world's largest market for 17 consecutive years [15] AI Application Sector - The AI application sector collectively adjusted downwards, with significant declines in cultural media, internet, and virtual human segments [20][21] - Stocks such as Xinhua Net and Vision China experienced a 10% drop, with several companies hitting the daily limit down [21][22] Notable Stock Movements - N Koma listed on the Beijing Stock Exchange and saw a dramatic increase of over 580%, currently priced at 66.88 CNY per share [17][18] - The stock of Rock Mountain Technology faced a limit down, with a significant drop of 10.03% [23][24]

【 导 读 】 湾区创客说 ·发现独角星芒｜走进戴盟机器人 【 编 者 按 】 南海之滨的创新热土上，深圳以 每平方公里拥有 12家高新技术企业 的 极致密度 ，孕育着改变世界的科创力量。从大疆无人机翱翔天际到微众银行重构金融生态，从河套实验室的 颠覆性技术到前海深港的跨境协同 ……" 20+ 8" 赛道奔涌的 " 深圳军团 " 背后，是政府 " 放水 养鱼 "政策活水 、创投资本 浇灌以及 产学研 用 贯通生态 的三重共振 。 中国基金报 携手深圳私募基金业协会 、深证 中小企业服务 中心与中信银行深圳分行，共同推出 《湾区创客说 ·发现独角星芒》 ， 解码 科创力量 的硬核突围、 透视资本浪潮的前瞻势能 。让我 们穿过深圳湾的摩天楼群 天际线 ， 发现照亮 湾区未来的星芒轨迹。 中国基金报记者 牛思若 张莉 当展会上的人形机器人以不同身高、骨架与 外表 同台亮相 时 ，一个问题反而更尖锐 —— 形态越来越多，展示却越来越像 。 舞蹈、互动、 搬运、抓取 ……同一套能力在不同展台反复上演。业内也不乏共识：企业之间 的硬件鸿沟并不明显，真正拉开差距的，未必是外观与参数。 如何 从展示能力转向交付能 力，从 " ...

Core Viewpoint - The stock ETF market experienced a significant net outflow of 668 billion yuan, with the CSI 300 index being the main focus of this outflow [2][3]. Group 1: Market Overview - On January 15, the Shanghai Composite Index showed volatility, while the ChiNext Index rebounded after hitting a low. Semiconductor stocks strengthened in the afternoon, and the tourism sector was active, whereas commercial aerospace and AI application concept stocks saw a decline [1]. - The ETF market displayed a stark contrast, with broad-based ETFs like the CSI 300 ETF experiencing notable net outflows, while sector-specific ETFs such as those for non-ferrous metals and securities saw inflows [1][7]. Group 2: ETF Market Data - As of January 15, the total scale of 1,307 stock ETFs (including cross-border ETFs) reached 4.99 trillion yuan. The net outflow of funds from the stock ETF market on that day was 668.09 billion yuan, with broad-based ETFs leading the outflow at 744.82 billion yuan [3]. - The CSI 300 index ETF saw the largest net outflow of 352.57 billion yuan, with the largest product, the Huatai-PB CSI 300 ETF, experiencing a reduction of 4.142 billion shares and a net outflow exceeding 20 billion yuan, marking a record since its inception [3][5]. Group 3: Sector-Specific ETF Performance - The top outflows included the Huatai-PB CSI 300 ETF (-201.57 billion yuan), the E Fund Sci-Tech 50 ETF (-104.79 billion yuan), and the SSE 50 ETF (-90.61 billion yuan) [5]. - Conversely, industry-specific ETFs such as the non-ferrous metals ETF and the semiconductor equipment ETF saw inflows exceeding 9 billion yuan, indicating a preference for sector-focused investments [9][10]. Group 4: Investment Strategies and Market Dynamics - Industry insiders noted that stock ETFs are characterized by a "buy more when prices drop, sell more when prices rise" strategy, suggesting that some funds may be taking profits after significant gains since the "9.24" market rally [6]. - A market department head from a mid-sized public fund emphasized that stock ETFs serve as effective tools for investors to track the market efficiently, advocating for a strategy of accumulating positions at market lows and reducing exposure at relative highs to stabilize market fluctuations [6].