二、核准该支公司业务范围为：经银行保险监督管理机构或其他有行政许可权限的机构批准并经上级机 构授权办理的业务。 三、接此批复文件后，该支公司应按照有关规定领取许可证并办理开业前相关手续。开业后及时向固原 金融监管分局报告相关情况。 一、同意中国太平洋财产保险股份有限公司彭阳支公司开业，营业场所为宁夏回族自治区固原市彭阳县 县城闽宁小区51#商住楼营8。 2025年11月15日，固原金融监管分局发布批复称，《中国太平洋财产保险股份有限公司宁夏分公司关于 中国太平洋财产保险股份有限公司彭阳支公司开业验收的请示》(宁太保产〔2025〕80号)收悉。经审 核，现批复如下： ...

新华社华盛顿12月18日电 美军南方司令部18日发布消息说，美军"南方之矛"联合特遣部队当天在 东太平洋对两艘"被认定为恐怖组织的船只"实施打击，打死5人。 ...

[Table_Title] 金 金融工程点评 [Table_Message]2025-12-18 金工 ETF 点评：宽基 ETF 单日净流入 163.36 亿元；非银、地产、社服拥挤变幅较大 [Table_Author] 证券分析师：刘晓锋 电话：13401163428 E-MAIL：liuxf@tpyzq.com 执业资格证书编码：S1190522090001 证券分析师：孙弋轩 电话：18910596766 E-MAIL：sunyixuan@tpyzq.com 执业资格证书编码：S1190525080001 一、资金流向 二、行业拥挤度监测 ◼ 通过构建行业拥挤度监测模型，对申万一级行业指数的拥挤度进行每日监测， 前一交易日农牧、军工、商贸零售靠前，相比较而言，计算机、家电、石化、 医药的拥挤度水平较低，建议关注。此外，非银、地产、社服拥挤度变动较 大。从主力资金流动来看，前一交易日主力资金流入通信、有色；流出军工、 汽车。近三个交易日主力资金减配电子、电力设备；增配商贸零售、食饮。 三、ETF 产品关注信号 ◼ 根据溢价率 Z-score 模型搭建相关 ETF 产品筛选信号模型，通过滚动测算提 供存在 ...

美军在东太平洋袭击"贩毒船" 已致4人死亡 中新网12月18日电 据美国有线电视新闻网(CNN)及法新社报道，当地时间17日，美军南方司令部称， 美军在东太平洋对一艘所谓"贩毒船"进行打击，致4人死亡。 编辑：董文博 广告等商务合作，请点击这里 美军南方司令部在社交媒体上发文说，12月17日，在美国防部长赫格塞思的指示下，"南方之矛"联合特 遣部队在国际水域对1艘"被认定为恐怖组织的船只"实施打击。 美军南方司令部指出，情报认为，该船只正沿东太平洋一条已知的贩毒路线航行，并参与贩毒活动。共 有4名男性"贩毒恐怖分子"被击毙，没有美军人员伤亡。 美军没有提供这艘船只贩毒的任何证据。 法新社指出，自9月初美军在加勒比海和东太平打击所谓"贩毒船"以来，此次打击使得累计死亡人数已 达99人。 来源：中国新闻网 本文为转载内容，授权事宜请联系原著作权人 中新经纬版权所有，未经书面授权，任何单位及个人不得转载、摘编或以其它方式使用。 关注中新经纬微信公众号(微信搜索"中新经纬"或"jwview")，看更多精彩财经资讯。 图片来源：美国有线电视新闻网(CNN)报道截图 ...

二、中国太平洋财产保险股份有限公司大连分公司应按照有关规定及时办理变更及许可证换领事宜。 2025年12月9日，国家金融监督管理总局大连监管局发布批复称，《中国太平洋财产保险股份有限公司 大连分公司关于普兰店支公司变更营业场所的请示》（连太保产〔2025〕30号）收悉。经审核，现批复 如下： 一、同意中国太平洋财产保险股份有限公司大连分公司普兰店支公司将营业场所变更为：大连市普兰店 区世纪路西段38-5号509、510、511室。 ...

新华社华盛顿12月17日电 美军南方司令部17日发布消息说，"南方之矛"联合特遣部队当天在国际 水域对1艘"被认定为恐怖组织的船只"实施打击，打死4人。 美军南方司令部在社交媒体上发文说，这次打击是在美国防部长赫格塞思的指示下进行的。情报认 为，该船只正沿东太平洋一条已知的贩毒路线航行，并参与贩毒活动。共有4名男性"贩毒恐怖分子"被 击毙，没有美军人员伤亡。 美军没有提供这艘船只贩毒的任何证据。 ...

新华社华盛顿12月17日电 美国军方17日说，美军当天在东太平洋对一艘所谓"贩毒船"发动袭击，造成 4人死亡。 ...

- The report introduces an **industry crowding monitoring model** to track the crowding levels of Shenwan primary industry indices on a daily basis. The model identifies industries with high crowding levels (e.g., agriculture, military, building materials) and low crowding levels (e.g., computers, home appliances, media) based on the previous trading day's data. It also highlights significant changes in crowding levels for industries such as automobiles, petrochemicals, and social services[3] - A **Z-score premium model** is constructed to screen ETF products for potential arbitrage opportunities. The model uses rolling calculations to identify ETFs with significant deviations in premium rates, which may indicate arbitrage opportunities or potential risks of price corrections[4] - The report provides detailed data on **ETF fund flows**, categorizing them into broad-based ETFs, industry-themed ETFs, style-strategy ETFs, and cross-border ETFs. For example, broad-based ETFs saw a net inflow of 60.55 billion yuan in a single day, with the top inflows being the CSI A500 ETF (+10.42 billion yuan), CSI A500 ETF South (+10.23 billion yuan), and STAR 50 ETF (+8.62 billion yuan)[5] - The report highlights **industry crowding levels** over the past 30 trading days, presenting a heatmap that shows the relative crowding levels of various industries. For instance, industries like public utilities, agriculture, and military defense exhibit high crowding levels, while industries like computers and media show relatively low levels[9] - The report identifies **key ETF trading signals**, recommending attention to specific ETFs such as the CSI 1000 Enhanced ETF, Chuangzhongpan 88 ETF, and Medical Device ETF based on their potential for investment opportunities[11]

Core Viewpoint - The recent monitoring by the National Climate Center indicates that the equatorial central and eastern Pacific has entered a La Niña state, which typically leads to lower winter temperatures in China. Public interest has surged regarding the potential for a "double La Niña" this winter and whether it will be a cold winter [1]. Group 1: Understanding La Niña - La Niña refers to a phenomenon where the sea surface temperatures in the equatorial central and eastern Pacific are abnormally cold. It is defined by the NINO 3.4 index, which indicates La Niña when the three-month average is less than or equal to -0.5°C [2]. - The current La Niña state is expected to persist until early 2026, but the likelihood of it developing into a full La Niña event is relatively low, making the occurrence of a double La Niña this winter unlikely [2]. Group 2: Climate Impact of La Niña - The occurrence of La Niña leads to significant global climate anomalies, particularly affecting China's climate. During La Niña winters, cold air from the north is more likely to move south, resulting in lower temperatures in central and eastern China [3]. - La Niña conditions can also lead to reduced precipitation in southern regions, increasing the risk of drought during the winter and spring [3]. - In the summer following a La Niña event, the position of the subtropical high in the western Pacific tends to shift northward, which can lead to increased rainfall in northern China but decreased rainfall in the Yangtze River basin, raising the risk of high temperatures and drought [3]. Group 3: Preparations for Winter - The forecast suggests that winter temperatures in China will be close to or slightly above the historical average, with significant fluctuations expected. Overall precipitation is predicted to be lower, particularly in southern regions [4]. - In northern areas, there may be risks of strong winds, severe cold, and heavy snowfall, which could impact agriculture and energy supply. Preparations for energy demand spikes and material reserves are recommended [4]. - Southern and eastern regions may face risks of winter-spring droughts due to higher temperatures and lower precipitation, necessitating improved water resource management and fire risk monitoring [4].

Core Insights - Pacific Investment Management Company (PIMCO) has raised $7 billion for a new asset-backed financing strategy [1] Group 1 - The fundraising effort indicates strong investor interest in asset-backed financing solutions [1] - The new strategy aims to capitalize on market opportunities and provide attractive returns [1] - PIMCO's expertise in managing fixed-income investments positions it well for this initiative [1]