Group 1 - The U.S. stock market saw a collective rise, with the Dow Jones and S&P 500 indices reaching historical highs, while semiconductor stocks performed strongly [2][7] - Federal Reserve official Milan stated that the Fed should lower interest rates by more than 100 basis points this year, citing that current core inflation is close to the Fed's target and existing policies are restrictive [4][5] - Tesla's stock dropped over 4%, while other tech giants showed mixed performance, with Amazon and Microsoft seeing gains [6][7] Group 2 - The Philadelphia Semiconductor Index rose by 2.75%, with significant gains in stocks like Microchip Technology and Micron Technology [10][11] - Market expectations indicate that DRAM prices may rise by 60% to 70% in Q1 2026 due to increased demand from AI and data center investments [12] - Gold and silver prices increased, with COMEX gold futures surpassing $4500 per ounce and silver futures breaking $81 per ounce, driven by anticipated interest rate declines and central bank purchases [14][15] Group 3 - The Nasdaq Golden Dragon China Index fell by 0.78%, with major Chinese internet stocks like Alibaba and Xiaomi experiencing declines [18]

【 导读 】 吉林农商银行改革新进展，获批吸收56家村镇银行 中国基金报记者 嘉合 1月6日，吉林金融监管局批复公告称，同意吉林农村商业银行股份有限公司（以下简称吉林 农商银行）吸收省内8家农商银行及48家村镇银行，核准上述56家机构解散。 吉林省农信系统改革新进展 吉林金融监管局公告称，同意吉林农商银行吸收合并吉林德惠农商银行等56家机构，核准上 述56家机构解散，全部资产、负债、业务、网点、人员及其他一切权利与义务由吉林农商银 行承继。该行应严格按照有关法律法规要求办理吸收合并事宜，并督促吉林德惠农商银行等 56家机构完成法人机构解散相关事宜。 同时，同意吉林农商银行德惠支行等56家分支机构开业，上述56家解散机构应在收到行政许 可决定之日起15日内将许可证缴回发证机关，并按照有关法律法规办理相关手续。吉林农商 银行应就分支机构更名事项向该局属地派出机构报告，变更金融许可证。 这意味着，吉林省农信系统的"统一法人"改革迎来重要进展。业内认为，吉林农商银行通过 吸收上述56家机构，能够将分散于各区域的金融风险纳入统一管控体系，大幅降低单体机构 风险外溢的可能性。 吉林农商银行2025年刚获批成立 回顾吉林省 ...

Core Viewpoint - The brain-computer interface (BCI) concept continues to gain traction, with multiple listed companies responding positively to the trend, leading to significant stock price increases in the sector [2][3]. Group 1: Stock Performance - On January 6, several companies in the BCI sector, including Weisi Medical, Sanbo Brain Science, and Aipeng Medical, saw their stocks hit the daily limit, with many achieving consecutive gains [3]. - Weisi Medical's stock rose by 20.01% to 69.70, while Sanbo Brain Science also increased by 20.01% to 84.94, indicating strong market interest [4][5]. Group 2: Company Developments - Weisi Medical is expanding its technology layout in the neuro-rehabilitation field from a single device to a comprehensive solution covering diagnosis, treatment, and rehabilitation [4]. - Sanbo Brain Science has established a BCI laboratory and is developing a product system that includes various applications in clinical diagnosis and neuro-rehabilitation [4]. - Aipeng Medical emphasizes the role of BCI as a bridge between the brain and external devices, highlighting its potential applications [5]. Group 3: Market Trends and Projections - The rehabilitation medical device sector is a key focus area, with companies like Xiangyu Medical aiming to enter over 1,000 top-tier hospitals in China, indicating a robust commercialization strategy [11]. - The global BCI market is projected to reach approximately $12.4 billion by 2034, with a CAGR of 17% from 2025 to 2034, reflecting significant growth potential [17]. Group 4: Collaborations and Innovations - Companies are exploring collaborations to integrate BCI technology with robotics, as seen in the partnership between Yijia and Maillande to develop brain-controlled robots [13]. - Blue Si Technology has become a strategic investor in Qiangnao Technology, indicating strong interest in the BCI hardware sector [14]. - Qiangnao Technology recently completed a financing round of approximately 2 billion, making it the second-largest financing in the BCI field after Neuralink [15].

在第一个任期期间，特朗普曾于2019年、2021年两度被 众议院弹劾，也是美国历史上第一位两次通过 了众议院弹劾的总统， 但均因共和党控制参议院而未被定罪。 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 特朗普证实，加利福尼亚州共和党籍联邦众议员道格·拉马尔法突然去世。拉马尔法是特朗普执政议程 的坚定支持者，特朗普对他的去世表示"非常悲痛"，称"他每次投票都和我一致"。 曾是特朗普重要政治盟友的玛乔丽·泰勒·格林5日辞去国会众议员席位，加上拉马尔法去世，共和党在众 议院的微弱优势进一步削弱。目前，共和党在众议院控制的席位减少到218席，民主党为213席。在参议 院，共和党占据5 ...

【导读】 2025 年 A 股新开户达到 2743.69 万户 中国基金报记者 孙越 1 月 6 日，上交所最新披露， 2025 年 12 月 A 股新开户达 260 万户，较 11 月环比增长 9% ，比 2024 年同期的 199 万户大幅增长 30.54% 。 至此， 2025 年全年 A 股新开户总数为 2743.69 万户。相比 2024 年的 2499.89 万户， 同比增长 9.75% ，成为自 2022 年以来 A 股年度新开户数据的最高纪录。 这一增长趋势在 2025 年得以延续，全年新开户 2744 万户，同比增长 9.75% ，并创下自 2022 年以来的年度新增开户数量新高。 回顾 2025 年 A 股新开户数据的月度变化，可以发现股市赚钱效应和政策支持是影响投资者 入市的两大主要因素。 1 月平稳开局，新开 157 万户； 2 月受春节后行情活跃影响，激增至 284 万户。 3 月再创 新高，突破 300 万户。 4 月受国际形势影响，开户数回落，而随后的 5 月因假期因素继续 下降。 在整体开户量稳步攀升的同时，市场呈现出一个引人瞩目的结构性变化：机构开户量大幅跃 升。 | 账户新 ...

Core Viewpoint - The Shanghai Stock Exchange has issued an inquiry letter to Yahui Long, requesting additional disclosure regarding its cooperation with Brain Machine Star Chain Technology Co., Ltd. [2] Group 1: Cooperation Details - On January 6, Yahui Long announced the signing of a strategic cooperation framework agreement with Brain Machine Star Chain, focusing on clinical transformation and market expansion of brain-computer interface technology [5][9] - The inquiry letter requires Yahui Long to disclose the main technical routes, product types, application fields, and commercialization status of Brain Machine Star Chain, as well as the resources available for further development [10] - Yahui Long's stock price rose by 6.52% to 15.53 yuan per share, with a total market value of 8.874 billion yuan following the announcement [5] Group 2: Commercial Viability - Brain Machine Star Chain, established on September 2, 2025, has a registered capital of 5 million yuan and focuses on comprehensive diagnosis, treatment, and rehabilitation of brain diseases [9] - The strategic cooperation includes market promotion and revenue sharing, but the products under development, such as brainwave analysis devices and non-invasive brain-computer interface devices, have not yet entered the registration phase [10][11] Group 3: Research and Development Feasibility - Yahui Long and Brain Machine Star Chain plan to enhance R&D collaboration in pediatric, neurological, and metabolic fields [12] - The inquiry letter requests Yahui Long to provide details on the names and progress of in-development projects, as well as the expected investment amounts and collaboration methods [13] Group 4: Financial Considerations - Yahui Long's revenue and net profit for the first three quarters of 2025 decreased by 7.69% and 72.36%, respectively, with cash reserves of 465 million yuan [15][18] - The company is expected to provide specific arrangements for potential equity investments or financial support to Brain Machine Star Chain [17] - Yahui Long stated that the cooperation will not significantly impact its performance in the short term [18]

Core Viewpoint - The article highlights the significant surge in storage chip prices driven by increased demand for AI infrastructure, with major companies in the sector experiencing substantial stock price increases [6][7]. Group 1: Market Performance - U.S. stock markets continued to rise, largely driven by demand for AI-related stocks, despite geopolitical tensions in Venezuela [2]. - Major chip companies, including SanDisk, Micron Technology, Western Digital, and Seagate, saw stock price increases of over 20%, 6%, 12%, and 10% respectively [4][6]. Group 2: Supply and Demand Dynamics - Analysts indicate that the global supply constraints in storage chips are expected to persist for months or even years due to the surge in AI infrastructure demand [6]. - Samsung's co-CEO described the current chip shortage as "unprecedented," aligning with warnings from industry peers about ongoing supply constraints [6]. Group 3: Price Trends - Market research firm TrendForce reported that prices in certain segments have more than doubled since February of the previous year, attracting traders to bet on continued price increases [6]. - Micron's CEO projected that tight market conditions for storage will extend beyond 2026, with the company's stock rising 240% in 2025, significantly outperforming the Philadelphia Semiconductor Index [7]. Group 4: Impact on Related Sectors - Cooling system manufacturers experienced significant stock declines due to concerns about data center demand for their products, following comments from NVIDIA's CEO regarding new cooling technologies [8][12]. - Companies like Johnson Controls and Modine Manufacturing saw stock drops of up to 11% and over 10% respectively, marking their largest intraday declines since 2022 [8].

Core Viewpoint - The new regulations on public fund sales are expected to enhance the focus of bank wealth management on equity funds, leading to a structural shift in asset allocation and potentially increasing the investment horizon for these funds [2][6]. Group 1: Impact of New Regulations - The new regulations aim to reduce costs for investors by lowering subscription fees and sales service fees for public funds, which is expected to enhance the profitability of wealth management products [2][4]. - The flexibility in redemption fees and the extension of the transition period to 12 months will significantly reduce liquidity constraints and improve operational flexibility for wealth management funds [4][5]. - The overall reduction in costs, particularly for passive index funds, is anticipated to improve net asset value performance and encourage long-term holding behaviors among investors [5][6]. Group 2: Changes in Asset Allocation - There is a projected shift in the asset allocation structure of bank wealth management, with a continued emphasis on bond funds while also increasing the focus on equity funds due to the advantages of lower fees [7][8]. - The demand for mixed funds and equity assets is expected to rise as investors seek to enhance returns in a low-interest-rate environment, leading to a longer investment horizon [7][11]. - The new regulations are likely to facilitate a more efficient and standardized participation of wealth management funds in the public market, promoting a synergistic development between wealth management and public funds [5][8]. Group 3: Future Outlook for Wealth Management Assets - The scale of wealth management assets is projected to grow steadily, with an estimated increase of around 3 trillion yuan, reaching between 36 trillion and 37 trillion yuan by the end of 2026 [10][11]. - Factors contributing to this growth include the maturation of high-interest fixed deposits and a shift in investor preferences towards wealth management products that offer stable returns [11]. - The demand for low-volatility, stable products and "fixed income plus" products is expected to remain strong, as these align with the risk-averse nature of investors in a low-interest-rate environment [11].

Group 1 - The core viewpoint of the article emphasizes the importance of Arctic security as a key priority for Europe, crucial for international and transatlantic security [2] - A joint statement from European leaders, including the presidents of France, Germany, Italy, Poland, Spain, the UK, and Denmark, highlights NATO's focus on the Arctic region and the increased investment and presence in the area to maintain security and deter adversaries [2] - The statement asserts that the security of the Arctic region must be achieved within the NATO framework, in collaboration with allies including the United States, and based on principles of the UN Charter, such as sovereignty and territorial integrity [2] Group 2 - The article mentions that Greenland, as part of the Kingdom of Denmark, is included in NATO, and decisions regarding Greenland's affairs should be made by Denmark and the Greenlandic people [2] - The U.S. is identified as an indispensable partner in these efforts, playing a significant role through the 1951 defense agreement between Denmark and the U.S. [2] - A separate note indicates that the U.S. supports Greenland's independence, as stated by the U.S. envoy to Greenland [3]

【导读】蔚来公司第100万辆量产车下线，头部造车新势力迎来发展新阶段 中国基金报记者 邱德坤 1月6日，蔚来公司第100万辆量产车下线。至此，4家头部造车新势力均迈入"百万俱乐部"，其他3家分别是理想汽车、零跑汽车、小鹏汽 车。 上述4家头部造车新势力的成立时间均超10年，迈入"百万俱乐部"成为4家头部造车新势力的重要发展节点，之后将迎来新的发展阶段。 蔚来公司创始人、董事长兼CEO李斌在受访时多次提到"稳步发展"，而小鹏汽车董事长兼CEO何小鹏此前多次表示，小鹏汽车要做到"行稳 致远"。 来源：蔚来公司 第二家迈入"百万俱乐部"纯电车企 李斌称下一个周期会缩短 对比迈入"百万俱乐部"的时间，理想汽车、零跑汽车、小鹏汽车、蔚来公司分别是2024年10月14日、2025年9月25日、2025年11月21 日、2026年1月6日。 这意味着，上述4家造车新势力迈入"百万俱乐部"的时间较为接近，特别是除了理想汽车之外的其他3家造车新势力。 区别于其他3家造车新势力，蔚来公司一直专注于新能源汽车的纯电技术路线。 李斌在受访时表示，蔚来公司是继特斯拉之后，第二家专注于纯电技术路线又达成第100万辆量产车下线目标的车企。 ...