智通财经APP获悉，日前，富国基金副总经理、基金经理朱少醒旗下基金发布2025年四季报。截至2025年四季度末，朱 少醒管理的富国天惠精选成长，基金资产净值为224.84亿元。 从调仓动向来看，朱少醒在操作上呈现明显调整。与上季度相比，对紫金矿业进行"反转操作"，在2025年上半年清仓 后，又于下半年重新买回，并将其列为第七大重仓股；徐工机械首次进入其前十大持仓；新能源汽车行业板块则遭到减 持，立讯精密等退出十大重仓，中创智领等被减持；此外，宁德时代也在2025年四季度期间获得进一步加仓。 朱少醒在最新季报中分析道，四季度货币政策保持宽松，财政政策持续发力。中美关系经历前期激烈的博弈后进入缓和 阶段，投资者的风险偏好也得以提升。高景气的通讯、电子、有色等行业表现良好。反内卷的系列政策正在逐步反应在 企业的经营环境上，未来将持续影响上市公司的基本面。市场的机会一定程度上有所扩散。 当前的 A 股市场整体估值已经上行不少，但依然处于长周期中的合理区间。当下权益资产在所有资产大类中相对吸引力 显著。当然指数中枢上行后，自下而上个股阿尔法的选择比之前更为重要。放在更长的时间维度，相信实体经济终将有 力复苏。优质的权益 ...

各位朋友，茅台又上热搜了，但这次不是因为股价，而是因为一个错别字。新出的"马茅"生肖酒，把星 宿图里的"昴"字印成了"昂"。茅台反应迅速，立刻道歉并宣布可以调换。但吊诡的是，市场反应更快 ——各种声音立刻涌现，把"错版"类比珍稀错版邮票，二手平台价格应声而涨。大家好，我是帮主郑 重。作为一个看了二十年市场百态的老记者，我闻到的不是墨香，而是一股熟悉的、浓烈的 "炒作配 方" 的味道。今天，咱们就来拆解一下，这出"将错就错"的商业大戏背后，到底藏着什么逻辑。 首先，我们必须理解茅台官方快速回应的精明之处。对于一个把"文化"和"品控"刻进品牌基因的企业， 出现印刷错误是尴尬的。但它的危机处理堪称教科书：第一时间承认，提供补救方案（补笔或更换）， 这首先捍卫了"负责任"的品牌形象，堵住了"刻意造假"的质疑。然而，声明中"补笔"这个颇具传统工艺 感的方案，又无意间为这瓶酒增添了独一无二的"故事性"和"手工痕迹"。官方在灭火，而市场的炒作引 擎却已被这个"错误"点燃。 那么，为什么"错版"总能刺激市场的神经？这背后是收藏市场一个古老的定价逻辑："错误"+"稀 缺"="溢价"。从错版邮票到错版钱币，无不如此。这次的"马茅 ...

上证报中国证券网讯（卢伊 记者 严晓菲）1月22日，A股两融余额为27249.13亿元，较上一交易日增加38.90亿元，占A股流通市值比例为2.62%。当日两融 交易额为2686.14亿元，较上一交易日增加78.01亿元，占A股成交额的9.88%。 个股方面，53只个股获融资净买入额超1亿元。中国平安获融资净买入额居首，净买入6.58亿元；融资净买入金额居前的还有中际旭创、润泽科技、保利发 展、中超控股、龙芯中科、新易盛、贵州茅台、沃尔核材等。 | 序号 | 证券代码 ◆ | 证券简称 = | 交易日期 = | 融资净买入额(万元) ◀ | | --- | --- | --- | --- | --- | | 2 | 601318.SH | 中国平安 | 2026-01-22 | 65,792.8 | | 3 | 300308.SZ | 中际旭创 | 2026-01-22 | 55,874. | | ব | 300442.SZ | 润泽科技 | 2026-01-22 | 41,303.5 | | 5 | 600048.SH | 保利发展 | 2026-01-22 | 40,270.2 | | ଚି | 0024 ...

1月22日，A股两融余额为27249.13亿元，较上一交易日增加38.90亿元，占A股流通市值比例为2.62%。当日两融交易额为2686.14亿元，较上一交易日增加 78.01亿元，占A股成交额的9.88%。 资金流向方面，申万31个一级行业中有18个行业获融资净买入，其中，电子行业获融资净买入额居首，当日净买入17.49亿元；获融资净买入居前的行业还 有通信、非银金融、基础化工等。 个股方面，53只个股获融资净买入额超1亿元。中国平安获融资净买入额居首，净买入6.58亿元；融资净买入金额居前的还有中际旭创、润泽科技、保利发 展、中超控股、龙芯中科、新易盛、贵州茅台、沃尔核材等。 | 序号 | | | | | | --- | --- | --- | --- | --- | | | 证券代码 = | 证券简称 = | 交易日期 = | 融资净买入额(万元) ◀ | | 2 | 601318.SH | 中国平安 | 2026-01-22 | 65.792.8 | | 3 | 300308.SZ | 中际旭创 | 2026-01-22 | 55,874. | | ব | 300442.SZ | 润泽科技 | 202 ...

Economic Policy - The People's Bank of China will continue to implement a moderately loose monetary policy in 2026, utilizing various tools such as reserve requirement ratio cuts and interest rate reductions to maintain ample liquidity [1] - The Ministry of Commerce and nine other departments have issued opinions to promote high-quality development in the pharmaceutical retail industry, supporting mergers and acquisitions among retail pharmacies [1] Capital Market Developments - The People's Bank of China announced a 900 billion yuan MLF operation to maintain liquidity in the banking system, with a one-year term [3] - Public funds have focused on core sectors such as electronics and power equipment, with Zhongji Xuchuang becoming the largest holding stock, valued at 78.421 billion yuan [3] - The National Development and Reform Commission has allocated 93.6 billion yuan in special bonds to support over 4,500 projects across various sectors, driving total investment exceeding 460 billion yuan [3] Industry Highlights - The commercial aerospace sector is gaining attention, with Blue Arrow Aerospace's IPO status changing to "inquiry" as it aims to become the first commercial aerospace stock [7] - Domestic AI chip company Suiyuan Technology has received approval for its IPO, aiming to raise 6 billion yuan for AI chip development [7] - The human-shaped robot sector remains active, with Zhejiang's innovation center completing a 450 million yuan Pre-A round of financing [7] Company Updates - Zhaoyi Innovation expects a net profit of 1.61 billion yuan for 2025, a year-on-year increase of approximately 46%, benefiting from AI computing demand [8] - ST Biology announced the termination of its major asset restructuring plan to acquire a 51% stake in Hunan Huize Biomedical Technology [9] - Xiaomi Group plans to repurchase up to 2.5 billion Hong Kong dollars of its Class B shares starting January 23 [10] - Alibaba has decided to support its chip subsidiary "Pingtouge" for future independent listing, initiating a restructuring process [11] - Intel reported a fourth-quarter revenue of 13.674 billion dollars, with a net loss of 591 million dollars, while its annual revenue was 52.853 billion dollars [11]

新浪财经"酒价内参"重磅上线 知名白酒真实市场价尽在掌握 新浪财经"酒价内参"过去24小时收集的数据显示，中国白酒市场十大单品的终端零售均价在1月23日迎 来小幅回升。如果十大单品各取一瓶整体打包售卖，今日总售价为8863元，较昨日上涨9元。行业短期 下行压力有所缓解，结构性波动特征依然显著。 今日白酒市场呈现分化格局，十大单品五涨四跌一持平，中高端单品价格涨跌互现。上涨产品中，习酒 君品与古井贡古20涨势明显，分别环比上涨10元/瓶与8元/瓶；国窖1573环比上涨5元/瓶；青花汾20与青 花郎小幅上涨，分别环比上升3元/瓶、2元/瓶。下跌产品方面，精品茅台领跌，环比下跌11元/瓶，终端 部分经销商或为加速资金周转适度让利；飞天茅台紧随其后，环比下跌4元/瓶，主要系 i 茅台平台平价 飞天持续稳定投放，有效分流终端溢价需求，叠加渠道库存有序消化；五粮液普五八代价格与洋河梦之 蓝M6+小幅回落，分别环比降低3元/瓶与1元/瓶。此外，水晶剑南春价格为388元/瓶，与昨日持平。 "酒价内参"的每日数据源自全国各大区均有合理分布的约200个采集点，包括但不限于酒企的指定经销 商、社会经销商、电商平台和零售网点等，原始 ...

③为保持银行体系流动性充裕，1月23日，中国人民银行将以固定数量、利率招标、多重价位中标方式 开展9000亿元MLF操作，期限为1年期。(王宇露) ②1月22日，公募基金2025年四季报披露完毕。公募基金最新前十大重仓股出炉，分别为中际旭创 （300308）、新易盛（300502）、宁德时代（300750）、腾讯控股、紫金矿业（601899）、阿里巴巴- W、寒武纪、立讯精密（002475）、贵州茅台（600519）、东山精密（002384）。 中证网讯①1月22日，A股通用航空板块再度走强，多只航空主题ETF大涨近4%，军工、卫星等相关主 题ETF普遍涨超3%；此前热度较高的半导体设备、电网、黄金股等板块集体降温，多只半导体设备主 题ETF跌超2%。 ...

Group 1: Commercial Aerospace - The Chinese commercial aerospace sector is entering a new phase aimed at large-scale launches and commercial closed-loop systems, with significant breakthroughs expected in rocket capacity over the next 3 to 5 years [1] - By 2025, China's commercial aerospace is projected to complete 50 launches, accounting for 54% of total space launches, with 25 commercial rockets launched and 311 commercial satellites in orbit, representing 84% of total satellites [1] - The capital market for commercial aerospace companies is accelerating, with several leading firms preparing for IPOs, including Blue Arrow Aerospace and Zhongke Aerospace [1] Group 2: Public Fund Performance - The latest public fund reports reveal that the top ten holdings include companies like Zhongji Xuchuang, Ningde Times, and Tencent, with notable increases in holdings for companies like Zhongji Xuchuang, which saw an increase of 22.602 billion yuan [2] - The automotive industry is facing cost pressures due to rising prices of memory chips and metals, impacting supply chain dynamics and competition [2] Group 3: Biopharmaceutical Industry - Over 50 biopharmaceutical companies have disclosed their 2025 performance forecasts, with nearly 50% showing positive expectations, particularly in the CXO sector, where WuXi AppTec anticipates a revenue increase of approximately 15.84% [3] - The biopharmaceutical industry is expected to enter a new phase of high-quality development as structural reforms and supportive policies continue to evolve [3] Group 4: Fundraising and Market Trends - The public fund market has seen a resurgence, with several equity funds raising over 7 billion yuan, indicating a positive trend in active equity fund performance [4] - The Shanghai Suiruan Technology Co., Ltd. has received approval for its IPO, aiming to raise 6 billion yuan for product development and business expansion [5] Group 5: Aluminum Market - The aluminum market has shown strong performance, with prices rising over 12% since mid-December 2025, supported by favorable macroeconomic conditions and demand for aluminum in various applications [6] - The copper-aluminum price ratio exceeding 4 suggests a potential shift towards aluminum in sectors like air conditioning, indicating new demand growth [6] Group 6: Banking Sector - Five listed banks have reported a year-on-year increase in net profit for 2025, with improvements in non-performing loan ratios for three banks [9] - The banking sector is expected to maintain stable performance, supported by improved funding costs and a potential stabilization of net interest margins [9] Group 7: Chemical Industry - The chemical industry is experiencing positive performance, with over 60% of companies reporting improved earnings, driven by rising prices of certain chemical products [10] - The DOP market is expected to maintain upward momentum due to strong raw material prices and limited supply, indicating a stable support for pricing [10]

易方达蓝筹精选的前十大重仓股并未发生变更，依次为：腾讯控股(00700)、贵州茅台(600519.SH)、五粮液(000858.SZ)、阿里巴巴(09988)、山西 汾酒(600809.SH)、泸州老窖(000568.SZ)、百胜中国(09987)、中国海洋石油(00883)、京东健康(06618)、分众传媒(002027.SZ)。其中，张坤较大 幅度地减持了分众传媒，还减持了泸州老窖、山西汾酒、五粮液；加仓了阿里巴巴。 | 序号 | 股票代码 | 股票名称 | 相关资讯 | 占浄值 | 持股数 | 持仓市值 | | --- | --- | --- | --- | --- | --- | --- | | | | | | 比例 | (万股) | (万元) | | 1 | 00700 | 腾讯控股 | 股吧 行情 | 9.94% | 598.00 | 361,972.83 | | 2 | 09988 | 阿里巴巴-W | 股吧 行情 | 9.93% | 2.238.00 | 361.655.12 | | 3 | 600519 | 贵州茅台 | 股吧 行情 | 9.72% | 245.11 | 353.939.85 ...

in i n - Modele f @ 临近农历年末，白酒市场并未迎来预期中的"旺季升温"，反而在标杆产品飞天茅台价格"松动"的带动 下，掀起一波覆盖多品牌、多价格带的降价潮。 根据南都湾财社-酒水新消费指数课题组整理发布的第五十七期《湾区酒价》，广州、深圳、佛山、东 莞四地市场中高端白酒价格普遍承压下行，酱酒产品成为价格回调"重灾区"，多款名酒市场零售价创下 近期新低。 在行业渠道库存压力显现的情况下，部分经销商主动降价换量，白酒行业在年末呈现"以价换量"态势， 市场动销与价格体系正面临新一轮考验。 广州 名酒均价几乎全线下滑，酱酒产品首当其冲 具体来看，统计样本中的酱酒产品本期均价全面下降，且部分产品降价幅度较大。如君品习酒在广州市 场多个线上线下渠道的售价出现下降，进而导致该产品的均价从上期的731元左右下降至本期的698元左 右。在1919平台上，君品习酒的售价由上期的785元降至本期的671元，短期内降价幅度超过100元；在 七鲜超市，该产品的售价同样由759元下降至699元；在盒马鲜生，该产品的售价则由758元下降至708 元；此外，部分经销商渠道的售价也有所下调。 同样出现降价情况的还有国台国标 ...