值得注意的是，敖航和雪迪龙实控人敖小强先生为父子关系。 【导读】34岁民生证券投行事业部质控业务原副总裁敖航，出任雪迪龙非独立董事 中国基金报记者 莫琳 又一位投行人士回家接班了！ 1月10日，雪迪龙发布一系列人 事 变动。其中，聘任敖航先生为公司非独立董事，引来大家 关注。 公开资料显示，敖航，出生于1992年。2016年毕业后，从国泰君安证券投资银行部业务助理 做起，2020年8月至2025年7月期间，升任民生证券投资银行事业部质控业务副总裁；2025 年7月至今任雪迪龙项目经理。 汇添富投资管理有限公司作为国内优秀的私募股权投资管理人，业务涵盖PE股权投资、并 购、PIPE、VC等多个领域，始终围绕科技创新服务实体经济。 2023年9月，丰元股份第六届董事会第一次会议上，赵晓萌全票当选为公司董事长，任期三 年。赵晓萌为丰元股份实际控制人赵光辉的女儿。 赵晓萌出生于1989年10月，清华大学硕士研究生学历。回家上班之前，赵晓萌曾任中泰证券 战略客户部高级经理、中泰证券质控部高级经理。因此，赵晓萌于2023年7月回到公司担任 的第一个职务便是法务负责人。 不同于上述两位回家之后立刻接班董事长一职的金融圈同行 ...

【导读】招聘回暖，外商独资公募基金公司奋力求解人才难题 中国基金报记者 吴娟娟 进入2026年，外商独资公募基金人才招聘有回暖迹象。不过，高管变动加之战略调整，破解 人才难题外资仍需作出较大努力。 外资公募基金招聘回暖 一位长期服务外资机构的猎头公司负责人日前告诉记者，虽然眼下外资基金公司的招聘活动 有回暖的迹象，但是较2019年等历史上最热的时候仍有差距。从目前释放出来的职位来看， 中层职位的需求比较多。他表示，外资公募通常底薪较高，相关岗位仍有一定的吸引力。 记者搜索发现，目前，安联基金正在招聘市场策划部总经理和市场经理；贝莱德基金招聘的 职位则含系统交付和运营以及信息安全等岗位；摩根资产管理在招聘运营控制等相关岗位； 摩根士丹利基金在招聘电商等相关岗位人才；宏利基金则为互联网营销、债券交易员等岗位 招聘人才。 对于拿到牌照，正在奋力推进业务的外资公募来说，渠道人才至关重要。一家外资机构负责 人表示，在招聘渠道人才时，他看重公募行业经验，尤其青睐在中资公募基金公司干过，业 绩好的渠道人才。渠道负责人不用会讲英文，他进一步强调道。 不过，作为公募基金行业核心人才类别之一，有业绩的渠道人才是被争抢的对象。华东 ...

Core Viewpoint - The implementation of the "Regulations on the Management of Sales Fees for Publicly Raised Securities Investment Funds" aims to reduce investor costs, standardize the public fund sales market, protect the rights of fund shareholders, and promote the high-quality development of the public fund industry [3]. Group 1: Key Regulations - From January 1, 2027, fund managers will not be allowed to charge subscription fees or sales service fees for the funds they manage [4][5]. - Fund managers must return all sales service fees collected after January 1, 2027, to investors upon redemption or termination of the fund contract [5]. - The "first collect, then return" model for sales service fees has been established as the only acceptable method for fund managers [6]. Group 2: Fee Standards for Specific Fund Types - The notification clarifies fee standards for various fund types, including Fund of Funds (FOF), commodity funds, and index-enhanced funds [8][10]. - FOFs will have different subscription and sales service fee standards based on their asset allocation limits compared to actively managed equity funds, mixed funds, and bond funds [10]. - For non-money market funds held for over one year, sales service fees will not be charged from January 1, 2027, and will also follow the "first collect, then return" model [10]. Group 3: Differentiated Fee Rates and Compliance - Fund managers must rectify any differentiated fee rates for the same fund by merging shares and adjusting to the same fee rate by January 1, 2027 [13][15]. - The notification specifies that sales venues include online sales platforms of fund sales institutions [17]. Group 4: Operational Adjustments - Fund managers can adjust the sales fee structure and rate levels without convening a shareholder meeting, provided they reach an agreement with the fund custodian [20]. - Fund sales institutions must prioritize paying interest on sales settlement funds to investors at rates not lower than the current commercial bank's demand deposit rate starting January 1, 2027 [20].

Core Viewpoint - The article emphasizes the importance of the national business work meeting held from January 10 to 11, 2023, which aims to implement the directives of the Communist Party of China and set the groundwork for business development in the upcoming "14th Five-Year Plan" and "15th Five-Year Plan" periods [2][4]. Summary by Sections 2025 Business Goals - The meeting highlighted that 2025 will be a significant year, focusing on stabilizing business development, enhancing consumption, and optimizing foreign investment structures [2][3]. Achievements in 2025 - The Ministry of Commerce collaborated with various local departments to boost consumption, stabilize foreign trade, and promote international cooperation in supply chains [3]. - Key initiatives included expanding the market for consumption, developing new foreign trade dynamics, and enhancing the quality of foreign investment [3]. 2026 Work Focus - The year 2026 marks the beginning of the "15th Five-Year Plan," with a strong emphasis on high-quality development and the integration of domestic and international economic efforts [4][5]. - The Ministry of Commerce aims to significantly boost consumption, expand autonomous openness, and promote trade innovation [5]. Key Work Areas for 2026 - The meeting outlined eight key areas for the national business system to focus on, including: 1. Implementing consumption-boosting actions and creating the "Buy in China" brand [6]. 2. Establishing a modern market and circulation system [6]. 3. Innovating trade development and promoting the "Export China" brand [6]. 4. Enhancing foreign investment attractiveness and the "Invest in China" brand [6]. 5. Aligning with international high-standard economic and trade rules [6]. 6. Effectively managing foreign investments and promoting the Belt and Road Initiative [6]. 7. Deepening bilateral and multilateral economic cooperation [6]. 8. Strengthening risk prevention and ensuring supply chain resilience [6]. Leadership and Governance - The meeting stressed the need for strong leadership in business work, emphasizing the importance of high-quality party governance to facilitate high-quality business development [7]. - It called for a unified approach to align actions with the central government's decisions and enhance the capabilities of the business system [7].

Core Viewpoint - The public REITs market in China is expected to experience a "high-quality development opportunity" in 2026, driven by policy benefits and improved market ecology, balancing "stock activation" and "high-quality development" [2][4]. Group 1: Market Performance and Developments - The public REITs market started 2026 with a strong performance, with several products showing significant weekly gains, such as E Fund Huawai Market REIT leading with a 7.84% increase [4]. - Multiple public REITs products have made progress, including the acceptance of China Aviation Beijing Changbao Rental Housing REIT by the CSRC and updates on other REITs' statuses [4]. - By the end of 2025, the public REITs market had 79 products with a total issuance scale exceeding 210 billion yuan, making it the largest REITs market in Asia and the second largest globally [5]. Group 2: Investment Opportunities - The macroeconomic recovery and expectations of declining interest rates are expected to enhance the attractiveness of REITs as high-dividend assets for long-term funds like insurance and social security [5]. - The market is anticipated to show differentiation, with high-quality assets and strong operational capabilities receiving valuation premiums, while single assets facing operational pressures may experience volatility [5]. - New growth points are expected from categories like data centers, cultural tourism, and elderly care, with a normalization of the expansion mechanism allowing REITs to evolve from single projects to asset platforms [5]. Group 3: Investment Focus Areas - In 2026, three main investment lines are highlighted: 1. Anti-cyclical stable cash flow assets, such as consumer infrastructure and policy-based rental housing, which are less affected by economic cycles [8]. 2. High-prosperity policy-driven assets, like data centers benefiting from the digital economy, and logistics sectors expected to recover as demand increases [8]. 3. Strong expansion asset platforms, where commercial real estate pilot projects may achieve scale effects and enhanced dividends through asset injections [9]. - The REITs market is expected to balance "stock activation" and "high-quality development," with a focus on core consumer assets, new policy-supported assets, and potential assets with improved operational efficiency [9].

【导读】基金经理解读脑机接口投资机会 中国基金报记者 方丽 孙晓辉 随着产业化进程按下加速键，脑机接口板块近期被推上市场的风口浪尖。 2026年开年，脑机接口概念股集体狂欢，板块单个交易日平均涨幅一度超过12%，近20只个股收获20%涨停。这场资本盛宴的引爆点来 自马斯克的Neuralink公司 将 在2026年开始大规模生产脑机接口设备，以及OpenAI的CEO Sam Altman支持的Merge Labs也在分拆独 立，专注于超声波脑机接口技术等。 脑机接口行情持续性如何？当前处于什么发展阶段？未来应用领域会向哪些方向渗透？投资者如何掘金？ 为此，中国基金报记者采访了 嘉实基金大科技研究总监、基金经理王贵重，永赢医疗器械ETF基金经理储可凡，长城消费增值基金经理龙 宇飞，诺德基金基金经理朱明睿 。 上述基金经理认为，近期政策的强力支持和产业进展的超预期产生共振，支撑板块上涨。在政策与技术双轮驱动下，脑机接口作为"人工智 能+"的 一 部分，已经从硬件创新的第一阶段、媒介迁移的第二阶段演进到商业模式变革的第三阶段，即将进入高速增长期，其市场具有广 阔的投资前景。随着政策与资本加速构建产业生态，行业具备长期 ...

来源：央视新闻微信公众号 党的作风就是党的形象，关系人心向背，关系党的生死存亡。风腐交织是现阶段党风廉政建设和反 腐败斗争要着力解决的突出问题。要坚持正风肃纪反腐相贯通，深入推进风腐同查同治，以"同 查"严惩风腐交织问题，以"同治"铲除风腐共性根源，以"查""治"贯通阻断风腐演变。 电视专题片《一步不停歇 半步不退让》第一集《纠风治乱为民》，讲述纪检监察机关不断加大风腐 同查同治力度，锲而不舍落实中央八项规定精神，严肃查处违规吃喝背后的团团伙伙、请托办事和 利益输送，集中整治群众身边不正之风和腐败问题，让群众真切感到正风反腐加力度、清风正气在 身边。 总台央视综合频道1月11日晚8点档播出，央视新闻新媒体平台同步播发。 不正之风是滋生腐败的温床。有的干部就是在作风问题上失守，逐渐走上腐化堕落的道路。 唐仁健（农业农村部原党组书记、部长） ： 纪律和规矩，要真当回事，真不要侥幸，但现在都是 成为悔之晚矣的事情。 李献林（河南省信阳市罗山县委原常委、政法委原书记） ： 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。 高凌霞（河南省纪委监委工作人员） ： 一次违规吃喝，有一个人失 ...

Core Viewpoint - The article discusses the regulatory measures taken against Zhonghui Futures' Tianjin branch, which has been ordered to correct its practices and has had new account openings suspended for three months due to serious internal control deficiencies [2][7]. Group 1: Regulatory Actions - On January 9, the Tianjin Securities Regulatory Bureau announced the suspension of new account openings for Zhonghui Futures' Tianjin branch for three months due to significant shortcomings in intermediary and employee management [2][7]. - This is the second branch to face such measures this year, following the suspension of new account openings for Hengtai Futures' Qingdao branch on January 6 [4][5]. - Zhonghui Futures had previously received a similar three-month suspension for new account openings at the end of last year due to four major violations identified by the Shanghai Securities Regulatory Bureau [8][9]. Group 2: Compliance and Internal Control Issues - The Tianjin Securities Regulatory Bureau cited that Zhonghui Futures' internal controls were inadequate, posing risks to the branch's stable operation and harming the legitimate rights of traders [7]. - The company is required to submit a written rectification report within 30 days of receiving the decision and will be subject to a review before being allowed to reopen new accounts [7]. - The Shanghai Securities Regulatory Bureau had previously identified issues such as inadequate compliance in internet marketing and improper management of intermediaries, reflecting serious deficiencies in risk management and corporate governance [9]. Group 3: Industry Context and Trends - The article highlights a broader trend of intensified regulatory scrutiny in the futures industry, particularly concerning intermediary business practices, which have been described as the "strictest rectification" in the industry's history [10][12]. - Since the revision of the Intermediary Management Measures by the China Futures Association in May, there has been a noticeable increase in regulatory actions against futures companies for intermediary-related violations [11][12]. - Other companies, including Zhongcai Futures and Hengli Futures, have also faced regulatory measures for similar issues related to intermediary business practices [13].

les & FR 点击下载中国基金报客户端 中央司令部发言人蒂姆·霍金斯告诉美国全国广播公司新闻台， 20多架飞机参与空袭，投射90 多枚精确制导弹药，打击超过35个目标。 去年12月13日，叙利亚过渡政府安全部队和美军部队在叙中部霍姆斯省巴尔米拉市附近联合巡 逻时遭到枪击，两名美军士兵和一名担任翻译的美国平民死亡，另有三名美军士兵受伤。枪手 来自"伊斯兰国"，在交火中被打死。同月13日，美军在叙利亚发起"鹰眼打击行动"，旨在消 灭"伊斯兰国"武装人员、基础设施和武器库。 叙利亚内战2011年爆发后，美国未经当时的叙中央政府许可，开始在叙部署美军。2024年12月 叙政局剧变后，叙过渡政府与美国改善双边关系。 来源：新华社 新华社消息，美军中央司令部10日说， 美军及其伙伴国部队当天对极端组织"伊斯兰国"在叙利 亚境内的多个目标实施大规模打击。 美军中央司令部在社交媒体上发布消息说，这是美军去年12月发起的"鹰眼打击行动"的一部 分。消息配发的视频显示，多架战斗机、攻击机在夜色中起飞，多个地面目标被炸毁。 ■ 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 ...

Group 1 - The article discusses the U.S. government's declaration of a national emergency to protect Venezuelan oil revenues stored in U.S. Treasury accounts from being seized or entangled in legal proceedings [2] - The executive order aims to ensure that Venezuelan oil revenues, which are managed by the U.S. government, are not subject to claims from private creditors [2] - President Trump met with executives from about 20 oil companies, urging them to invest $100 billion in Venezuela to significantly increase oil production, but received little commitment from them [2] Group 2 - The U.S. government has initiated a large-scale military operation against Venezuela, forcibly detaining President Maduro and his wife, with the intention of managing Venezuela and exploiting its vast oil reserves [2]