Core Viewpoint - The article discusses the launch of a new floating fee rate fund, E Fund Balanced Selection (025920), which links management fees to the holding period and annualized return of the investment, aiming to encourage long-term investment and align interests between fund managers and investors [2]. Group 1: Fund Structure and Management - E Fund Balanced Selection (025920) adopts a unique floating management fee model based on the holding period and annualized return, with three different fee rates depending on performance [2][4]. - The fund manager, Yang Jiawen, has 14 years of experience in the securities industry, with 8 years focused on investment, emphasizing a balanced investment style and contrarian strategies [2]. Group 2: Performance and Strategy - Yang Jiawen currently manages four actively managed equity funds, which have a low concentration in top holdings (30%-50%) and a balanced allocation across various sectors [3]. - Historical performance shows that these funds have outperformed their benchmarks, with E Fund Kery's net value growth rate reaching 117.20% since December 2017, significantly exceeding the benchmark's 22.47% return [3]. - The fund will focus on balancing corporate value and growth potential, selecting high-quality targets to pursue sustainable excess returns while managing risks [3].

据新华社消息，美国总统特朗普11日再次对古巴施压， 威胁古巴若不尽快"达成协议"，将面 临"零石油、零资金"流入古巴的局面。 特朗普当天在社交媒体平台"真实社交"上发文说，多年来，古巴一直依赖委内瑞拉提供的大 量石油和资金生存。作为回报，古巴为委内瑞拉提供"安全服务"。特朗普声称这种关系"现在 已经终结"，不会再有石油和资金流入古巴。 特朗普威胁说，古巴需要"在为时已晚之前达成协议"。 但他没有在帖文中说明要求古巴达成 什么协议。 来源：央视新闻 据央视新闻报道，针对美国总统特朗普的威胁性言论，当地时间1月11日，古巴国家主席迪亚 斯-卡内尔表示，古巴是一个自由独立的主权国家， "那些把一切都当作生意甚至以人命做交 易的人，没有资格对古巴指手画脚"。 迪亚斯-卡内尔表示，他们对古巴的激烈攻击，是出于对古巴人民自主选择政治模式的愤怒。 迪亚斯-卡内尔说，那些指责革命导致古巴遭受严重经济困难的人应该感到羞耻。因为他们知 道、也承认，这些困难是美国60多年来对古巴实施的严酷封锁措施所造成的，而且现在还威 胁要变本加厉。 迪亚斯-卡内尔强调，"古巴是一个自由、独立、主权完整的国家。没有人能对我们发号施 令。古巴不主动 ...

Core Viewpoint - The article discusses the recent unrest in Iran, highlighting the government's response to protests against rising prices and currency devaluation, as well as the casualties among security personnel and civilians [1] Summary by Relevant Sections - **Casualties and Mourning** - A total of 111 security personnel have died during the recent unrest while maintaining order [1] - The Iranian government has declared a three-day national mourning period for the "martyrs" who lost their lives during the turmoil [1] - **Government Response** - Iranian President Pezeshkian emphasized the government's commitment to addressing the economic difficulties faced by the people while condemning external influences from the U.S. and Israel that incite unrest [1] - The government has called for a public demonstration on the 12th to denounce the violent actions of what they term "terrorist criminals" [1] - **Protests and Economic Issues** - Protests have erupted in multiple locations across Iran, primarily driven by dissatisfaction over rising prices and currency depreciation [1] - The unrest has resulted in both security personnel and civilian casualties, indicating a significant social and economic strain within the country [1]

目前尚不清楚信用卡公司是否会响应他的呼吁，也不清楚他会采取什么行动来强制促成变化。 【导读】 特朗普，信用卡利率10%封顶 中国基金报记者 泰勒 大家好，简单关注一下特朗普整顿金融圈的消息。 特朗普呼吁将信用卡利率上限设定为10% 近日，美国总统特朗普呼吁将信用卡利率设定为期一年的上限 10% ，自 1月20日 起生效，但未说明具体细节。 他在社交媒体上写道："请知悉，我们将不再允许美国公众被那些信用卡公司'宰割'——它们收取 20%到30% ，甚至更高的利 率，而这种情况在拜登政府期间一直放任发展、无人管控。 负担能力（AFFORDABILITY!） ！" 这条帖文发布之际，特朗普政府正加大力度向选民证明，其正在处理有关生活成本和物价的担忧——这些问题已成为 11月中期 选举 的核心议题。 特朗普并未明确说明，利率上限将通过 行政命令 还是通过 立法 来生效。不过，一名共和党参议员表示，他已与总统通话，并将在总统" 全力 支持 "下推动相关法案。特朗普称，他希望该上限能在 1月20日 落实——这一天是他就任满一周年。 在 2024年 总统竞选期间，特朗普曾承诺推动限制信用卡公司可收取的利率水平。 就在特朗普 ...

来源： 中央纪委国家监委网站、央视新闻 1月11日晚，反腐专题片《一步不停歇 半步不退让》第一集播出。 其中剖析了 河南省信阳市、罗山县10名干部在学习教育期间违规吃喝严重违反中央八项规定 精神问题 。 以下为部分实录： 2025年3月，党中央部署开展深入贯彻中央八项规定精神学习教育，再次向全党宣示作风建 设永远在路上，表明一锤接着一锤敲、一抓到底的坚定决心。制定实施中央八项规定是我们 党在新时代的徙木立信之举，中央八项规定是必须长期坚守的铁规矩、硬杠杠。党中央响鼓 重锤、三令五申，但仍有一些党员干部政治意识极其淡薄，对党中央推进全面从严治党坚定 决心和意志的认识极不清醒，对党的纪律和规矩毫无敬畏戒惧之心。2025年3月发生的河南 省信阳市、罗山县10名干部在学习教育期间违规吃喝严重违反中央八项规定精神问题，就是 一起典型案例。 河南省 信阳市罗山县委原常委、政法委原书记 李献林 ： 自己的底线没守住，带来一圈的 事，害了一圈的人。所以这也是我这段时间一直在忏悔的原因。 河南省 信阳市罗山县检察院 原 党组书记、检察长 段巍巍 ： 当时知道自己付出这么沉重的 代价，肯定是不会去，但是现在没有办法去挽回这个事情 ...

美国ICE执法人员7日在明尼阿波利斯市进行针对非法移民的大规模执法行动时，射杀37岁 美国公民蕾恩·妮科尔·古德，引发当地持续抗议，舆论高度关注。在事件性质认定及调查 方向上，民主党主政的明尼苏达州政府与共和党籍总统特朗普领导的联邦政府分歧明显。 美国数十座主要城市10日发生游行示威，抗议移民与海关执法局(ICE)执法人员在明尼苏 达州明尼阿波利斯市开枪打死一名美国籍女子。 当天，示威者在华盛顿、纽约、费城、波士顿、西雅图等地游行，高举"废除ICE""把ICE 彻底赶出我们的街道""不要对我们的城市宣战"等标语横幅，抗议联邦政府现行的驱逐非 法移民政策，反对执法机构暴力执法，要求对枪杀事件进行彻底调查和追责。 在白宫围栏外的总统公园，示威者手举写有"为蕾恩·古德伸张正义""唤醒美国"等标语横 幅，要求追究ICE的责任。一名示威者对媒体表示："事情太过了！我们不能允许这样！明 尼苏达州要求ICE离开，但ICE反而派遣了更多人员。" 示威活动由美国多个民间团体发起。据主办方介绍，10日至11日将在全国范围内组织超过 1000场抗议活动，以"彻底废除ICE"为口号。一些城市将为死者举办烛光守夜活动。主办 方在一份声 ...

Group 1: A-share New IPOs - Two new stocks available for subscription next week: Aisheren on January 12 and Hengyunchang on January 16 [2] - Aisheren is a leading company in the medical dressing field, focusing on the R&D, production, and sales of disposable medical consumables [3][5] - Aisheren's subscription code is 920050, with an issue price of 15.98 yuan per share and a P/E ratio of 14.99, compared to the industry average of 29.79 [4] Group 2: Aisheren Financials - Aisheren plans to issue 16.92 million shares, with 15.23 million available for online subscription, and a maximum subscription limit of 761,300 shares [5] - Revenue projections for Aisheren from 2022 to 2025 are 574 million yuan, 575 million yuan, 692 million yuan, and 438 million yuan for the first half of 2025, respectively [5] - Expected revenue for 2025 is between 890 million yuan and 940 million yuan, representing a year-on-year growth of 28.65% to 35.89% [7][8] Group 3: Hengyunchang Overview - Hengyunchang is a core component supplier for semiconductor equipment, specializing in plasma RF power systems and related technologies [9][10] - The subscription code for Hengyunchang is 787785, with the issue price and P/E ratio yet to be disclosed, but the industry average P/E is 39.32 [9] - Hengyunchang plans to issue 16.93 million shares, with 4.06 million available for online subscription, and a maximum subscription limit of 4,000 shares [9] Group 4: Hengyunchang Financials - Revenue for Hengyunchang from 2022 to 2025 is projected at 158 million yuan, 325 million yuan, 541 million yuan, and 304 million yuan for the first half of 2025, respectively [10] - Expected revenue for 2025 is between 489 million yuan and 515 million yuan, indicating a year-on-year decline of 9.58% to 4.69% [13][16] - Projected net profit for 2025 is between 102 million yuan and 114 million yuan, reflecting a decrease of 28.21% to 19.54% compared to the previous year [13][16]

Core Viewpoint - The article highlights that the Huatai-PB CSI 300 ETF is set to distribute a record cash dividend of 1.23 yuan per 10 fund shares, with an expected total payout exceeding 11 billion yuan, marking a significant milestone in the domestic ETF market [2][4]. Group 1: Fund Details - The Huatai-PB CSI 300 ETF, established on May 4, 2012, is managed by Huatai-PB Fund Management Co., Ltd. and is custodied by Industrial and Commercial Bank of China [3]. - The fund has a total share count of 89.509 billion as of January 9, 2026, which positions it as the largest equity ETF in the market [4]. Group 2: Dividend History - This upcoming dividend will be the 13th distribution since the fund's inception, bringing the cumulative total of dividends to over 27 billion yuan [4]. - Previous dividends include 0.88 yuan per 10 shares in June 2025, totaling over 8 billion yuan, and approximately 2.5 billion yuan in early 2024, showcasing a trend of increasing dividend payouts over the years [4]. Group 3: Market Trends - The article notes a growing trend in cash dividends among listed companies in the A-share market, driven by enhanced regulatory policies, which has also influenced the public fund sector, leading to a rapid increase in total dividend payouts [4]. - As of January 11, 2026, 79 public funds have implemented dividend distributions, accumulating over 3.1 billion yuan in total [5].

【导读】回顾周末大事，汇总十大券商最新研判； 专家认为应理性看待中国新申报卫星网络资料 中国基金报记者 泰勒 国常会：要加强财政政策与金融政策配合联动 引导社会资本参与促消费、扩投资 会议指出，实施财政金融协同促内需一揽子政策，是扩大有效需求、创新宏观调控的重要举 措。要加强财政政策与金融政策配合联动，充分发挥政策效应，引导社会资本参与促消费、 扩投资。围绕促进居民消费，优化实施服务业经营主体贷款、个人消费贷款贴息政策，推动 增加优质服务供给，增强居民消费能力。围绕支持民间投资，实施中小微企业贷款贴息政 大家好，马上又要开盘啦，这个周末利好消息感觉不少！ 周末大事 证监会最新发声！推动中长期资金进一步提高入市规模比例 1月11日，证监会副主席陈华平在参加第30届中国资本市场论坛时表示，将持续完善长钱长投的制度环 境，合力推动各类中长期资金进一步提高入市规模比例；将进一步提升监管执法有效性，持续健全投资 者教育服务和保护体系，坚持依法从严监管，突出打大、打恶、打重点，从严惩治各类恶性违法行为。 我国新增20万颗卫星申请 专家：卫星频轨资源申请已上升至国家战略层面 我国2025年12月向ITU申请了超20万颗卫星 ...

Core Viewpoint - The A-share market has entered a new phase with the Shanghai Composite Index surpassing 4100 points for the first time in 10 years, marking a significant bullish trend characterized by a 16-day consecutive rise, indicating a potential "spring rally" [1][15][16] Group 1: Market Dynamics - Current market sentiment is improving, driven by supportive policies and internal economic momentum, suggesting a critical turning point [2][20] - The rapid iteration and upgrade of industries such as AI, robotics, and innovative pharmaceuticals are fundamental supports for the market's sustained rise [4][22] - The expectation of a Federal Reserve interest rate cut and foreign capital favoring Chinese assets are likely to boost overall A-share valuations [7][30] Group 2: Investment Strategies - A balanced investment strategy focusing on both "hard technology" and resource sectors is recommended, as these areas are expected to yield significant returns [23][33] - The market is shifting from broad-based speculation to a focus on core sectors, emphasizing the need for a diversified approach to mitigate risks [24][34] - The current market environment suggests a preference for sectors with high dividend yields and growth potential, particularly in metals and technology [25][26] Group 3: Risks and Opportunities - The primary risk involves the potential for corporate earnings to fail to meet high expectations, which could lead to valuation corrections [28][29] - The market's current focus on a few sectors may lead to volatility if those sectors underperform, necessitating careful monitoring of earnings reports [28][29] - The transition from a long-term bearish mindset to a trend-oriented perspective could create upward momentum, as investors adjust their expectations [11][17] Group 4: Future Outlook - Following the breakthrough of 4100 points, the market is likely to enter a consolidation phase rather than a rapid ascent, with key indicators to watch including liquidity trends and sector performance [36][38] - The dual focus on "hard technology" and resources is expected to continue driving market dynamics, with potential for sector rotation and new opportunities emerging [16][36]