车企月度竞争仍是"你追我赶"的态势。2025年12月，蔚来、小米等车企的交付量（销量）均创新高，而在此前多个月份是零跑等车企遥遥 领先。 多家车企人士向记者表示，基于年底车企冲刺销量的需求，以及2026年新能源汽车购置税减半等政策变化，大部分车企在2025年12月的 销量会比较高。 对比全年交付量（销量），更能凸显汽车市场竞争的激烈。比亚迪、理想作为2024年的"大赢家"，2025年的增长势头落后于吉利汽车、 零跑、小米等车企。 【 导读 】 多家车企冲上微博科技热搜，超额完成年度目标成关键词 中国基金报记者 邱德坤 2026年1月1日，微博科技热搜一度被车企霸榜，主要与车企交付量（销量）有关。 多家车企掌门人在受访时表示，汽车行业就像是一场没有尽头的马拉松，一时的领先很正常，困难的是持续能赢，或者退一步后要一直能 在"牌桌"上。 | 车企 | 2025年全年(辆) | 同比 | 2024年全年(辆) | | --- | --- | --- | --- | | 比亚迪 | 460. 24万 | 7.73% | 427.21万 | | 吉利汽车 | 302. 46万 | 38. 96% | 217.66万 | ...

突 发 黑 天 鹅，闪 暴 跌！ 崩 2025年12月31日，全球首艘24000标准箱甲醇双燃料集装箱船在南通下水。该船是目前全球载箱量最 大、技术最先进的绿色清洁能源集装箱船之一，标志着我国在船舶智能制造与绿色航运领域实现重大突 破。 本次下水的24000标箱甲醇双燃料集装箱船，由南通中远海运川崎船舶工程有限公司自主研发设计。该 船采用先进的甲醇双燃料动力系统，兼具高效能与低排放特性，在全程运营中可实现"碳中和"目标。 该船的成功建造，填补了我国在甲醇双燃料超大型集装箱船设计领域的空白。 来源：科技日报 ...

Group 1: Influenza Situation in the U.S. - The flu activity level in the U.S. is on the rise, with approximately 7.5 million cases reported this flu season, including around 81,000 hospitalizations and about 3,100 deaths [2] - The dominant strain this season is the H3N2 influenza virus, with 89.5% of analyzed samples belonging to the K lineage of H3N2 [2] - The CDC has distributed approximately 130 million doses of the flu vaccine and recommends annual vaccination for individuals aged 6 months and older to reduce the risk of infection and severe outcomes [2] Group 2: Tariff Adjustments on Italian Pasta Exports - The U.S. Department of Commerce has lowered the proposed tariff rates for 13 Italian pasta exporters, with Garofalo's rate reduced to 13.89% and La Molisana's to 2.26%, while the remaining 11 companies face a uniform rate of 9.09% [4] - This tariff adjustment coincides with the U.S. decision to postpone additional tariffs on certain imported furniture [5] Group 3: U.S. Tariff Suspension on Soft Furniture - The U.S. government has postponed plans to increase tariffs on imported soft furniture, kitchen cabinets, and bathroom vanities, which are currently subject to a 25% tariff [7] - The planned increase to 50% for kitchen cabinets and bathroom vanities, and to 30% for soft furniture, has been delayed until January 1, 2027, due to rising prices impacting consumers and builders [7] Group 4: U.S. Military Actions in Venezuela - The U.S. military conducted strikes against two vessels allegedly involved in drug trafficking, resulting in five fatalities [8] - The U.S. has deployed naval forces in the Caribbean near Venezuela under the "Southern Sword" operation, targeting what it claims are drug trafficking activities [8] Group 5: Sanctions on Venezuelan Oil Companies - The U.S. Treasury Department has imposed sanctions on four companies operating in the Venezuelan oil sector and has frozen four related oil tankers [10]

Core Viewpoint - A new study identifies the largest 16 ancient river basins on Mars as the most promising areas for searching for extraterrestrial life, suggesting that these regions may have once supported conditions favorable for life due to the presence of liquid water [1][2]. Group 1: Research Findings - The study reveals that Mars has 19 major valleys, streams, lakes, canyons, and sediment groups, with 16 of them forming interconnected basins covering at least 100,000 square kilometers each [1]. - These large river systems are believed to transport more nutrients, which could help sustain diverse ecosystems, similar to Earth's most fertile ecological systems [1]. - Although these large basins account for only about 5% of Mars' surface area, they contribute approximately 42% of the river-eroded sediments on the planet, making them key targets for finding evidence of past life [1].

Core Viewpoint - The Indian government has announced a new tax on cigarettes, leading to a significant drop in tobacco stocks, with major companies like ITC and Godfrey Phillips India experiencing sharp declines in their stock prices [2][3]. Group 1: Tax Impact on Tobacco Industry - The new excise duty on cigarettes will be implemented from February 1, with tax rates ranging from 2050 to 8500 rupees (approximately $22.82 to $94.60) per 1000 cigarettes based on length [6]. - Analysts predict that this tax increase could lead to a 22% to 28% rise in overall costs for cigarettes measuring 75 to 85 millimeters, potentially resulting in a price increase of 2 to 3 rupees per cigarette [6][7]. - The new tax will be added on top of the existing 40% Goods and Services Tax (GST), further increasing the financial burden on consumers [7]. Group 2: Market Reactions and Company Performance - ITC, a leading player in the tobacco sector, saw its stock drop by 9.7%, while Godfrey Phillips India experienced a 17% decline, contributing to a 3.2% drop in the fast-moving consumer goods index [3][6]. - The uncertainty surrounding the tax's impact has led to increased pressure on stock prices, with analysts noting that ITC may need to raise prices by at least 15% to offset the tax burden [7]. - The first major shareholder of ITC, British American Tobacco, is reportedly reducing its stake, adding to the company's challenges in navigating the new tax landscape [7]. Group 3: Government's Rationale and Broader Context - The Indian government aims to keep cigarettes "sufficiently expensive" as a means to curb usage and alleviate pressure on public health systems, with tobacco-related diseases costing the economy over 2.4 trillion rupees (approximately $267 billion) annually [8]. - The government has previously implemented measures to prevent tobacco products from becoming cheaper and more accessible, including new health and national security taxes on machinery used for tobacco production [8].

Core Viewpoint - Meike Home (600337) is transforming its business by acquiring Wande Technology, aiming to enter the high-speed copper cable interconnection sector, with stock resuming trading on January 5, 2026 [1] Group 1: Acquisition Details - Meike Home plans to acquire 100% equity of Wande Technology through a combination of share issuance and cash payment, with fundraising for the acquisition [3] - The transaction is not expected to constitute a major asset restructuring for Meike Home, nor will it change the company's control [3] - Wande Technology's products include active and passive high-speed copper cable components and LOOPBACK intelligent loopback testing modules, enhancing communication bandwidth and transmission efficiency in data centers [3] Group 2: Financial Performance - Wande Technology has an annual automated production capacity of 500,000 units, with its 800G/400G high-speed cable production line already operational, achieving an efficiency of 150 UPH [4] - For the period of January to September 2025, Wande Technology reported total revenue of 76.29 million and a net profit attributable to shareholders of 18.35 million [4] Group 3: Strategic Shift - Meike Home is shifting from traditional furniture business to new productive forces, emphasizing strategic contraction in its core furniture operations while exploring government-supported industries [4] - The acquisition is seen as a step towards enhancing R&D, production, and sales capabilities in the high-speed interconnection sector, leveraging Wande Technology's expertise [4] Group 4: Industry Trends - Several real estate companies are pursuing acquisitions to transition into other industries, with examples including Time Space Technology acquiring a semiconductor storage firm and New Dazheng aiming to enter the high-growth IFM sector [4]

发言人指出，欧方无视历史排放责任、国家发展阶段和技术水平，打着防止"碳泄漏"的气候幌 子推行新的贸易保护主义，将自身碳标准强加于发展中国家，造成气候与贸易治理规则冲突， 抬升发展中国家气候行动成本，严重损害国际社会互信，与各方合作应对气候变化、推进可持 续发展的努力背道而驰。希望欧方遵守气候和贸易相关国际规则，摒弃单边主义、保护主义， 保持市场开放，本着公平、科学、非歧视的原则，促进绿色领域贸易投资自由化便利化。中方 愿与欧方相向而行，合作应对全球气候变化挑战，但将坚决采取一切必要措施，回应任何不公 平的贸易限制，维护自身发展利益、中国企业合法权益和全球产业链供应链的稳定。 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 ...

韩国的三星电子和SK海力士也获得了类似的进口许可。 此前，这些公司一直受益于美国针对对华芯片相关出口的广泛限制中的 豁免安排 ，但这类被 称为" 经验证最终用户（validated end-user） "的特殊资格已于去年 12月31日到期 ，因 此这些公司在 2026年 需要改为申请美国的 出口许可 。 台积电在声明中表示："美国商务部已向台积电南京授予一项年度出口许可证，允许受美国出 口管制的物项供应给台积电南京，而无需每家供应商分别申请许可证。"公司再次强调，该许 可"确保晶圆厂运营与产品交付不受中断"。 南京工厂主要生产 16纳米 以及其他 成熟制程 芯片，台积电在上海也设有一座芯片制造工 厂。 台积电在其 2024年年报 中称，南京厂贡献了公司整体营收约 2.4% 。 编辑：嘉颖 【导读】 台积电将向南京工厂输出芯片制造设备 中国基金报记者 泰勒 大家好，简单关注一下台积电南京的消息。 台积电周四表示，美国政府已向台积电发放一项 年度许可 ，允许其将 美国芯片制造设备 进 口至其位于中国大陆的南京工厂。公司声明中称，该批准" 确保晶圆厂运营与产品交付不受中 断 "。 深夜！茅台放大招：1499买飞天 ...

Core Viewpoint - The A-share market is expected to continue its upward trend in 2026, with a focus on technology growth, resource sectors, and high-dividend stocks as key investment themes [2][10][18]. Group 1: Market Outlook for 2026 - The overall A-share market is anticipated to remain strong, with a shift from a policy-driven to a fundamentals-driven growth narrative [12][20]. - The global monetary environment is expected to be supportive, with the U.S. in a rate-cutting cycle, providing liquidity for the market [19]. - Structural opportunities and upward pressures will coexist, with challenges increasing in complexity [8][19]. Group 2: Investment Strategies - A balanced allocation between value and growth stocks, as well as large-cap and small-cap stocks, is recommended for 2026 [14][25]. - The focus on technology growth remains strong, particularly in AI, semiconductors, and new energy sectors, benefiting from global capital expenditure expansion and domestic policy support [20][30]. - High-dividend stocks are seen as stabilizers in the investment portfolio, especially in a low-interest-rate environment [30][21]. Group 3: Key Sectors to Watch - AI is expected to remain a primary growth driver, with specific attention to areas such as optical communication, storage chips, and domestic computing power breakthroughs [27][30]. - The innovation drug sector is highlighted as a long-term focus, supported by domestic healthcare policies [28]. - Resource sectors, including industrial metals and precious metals, are projected to benefit from supply chain restructuring and AI demand [30][21]. Group 4: Hong Kong Market Outlook - The Hong Kong market is expected to experience a new trend driven by valuation recovery, profit growth, and a return to AI as a main theme [32][34]. - Key investment opportunities in Hong Kong are anticipated in technology, resources, and healthcare sectors, with a focus on high-dividend stocks [36][37]. - The influx of capital from mainland China is expected to continue supporting the Hong Kong market [33][34].

Group 1 - In 2026, China's manned space program will see the launch of Shenzhou 23 and Shenzhou 24 missions, with astronauts departing from the Jiuquan Satellite Launch Center to the Chinese space station [2][4] - The Tianzhou 10 cargo spacecraft will also be launched, and one astronaut from the Shenzhou 23 crew will conduct a long-term stay experiment lasting over one year [4] - The new generation crewed spacecraft "Dream Boat" will make its maiden flight, designed for near-Earth space station operations and manned lunar exploration missions [4] Group 2 - The Chang'e 7 probe will be launched to the Moon's south pole for surface environment surveys and water ice detection, potentially making China the first country to discover water on the Moon [6] - The Tianwen 2 probe is set to reach asteroid 2016 HO3 for exploration and sample collection, with a return to Earth expected by the end of 2027 [6] - The next five years are anticipated to bring unprecedented development opportunities for China's space industry, contributing more Chinese wisdom to the peaceful use of space [9] Group 3 - 2026 will mark a year of accelerated development for China's commercial space sector, with the establishment of the Commercial Space Administration leading to more active launch activities [8] - The progress of new rockets such as Lijian 2, Tianlong 3, and Double Curve 3 is highly anticipated [8]