据香港交易所披露，摩根大通（JPMorgan）对 比亚迪股份有限公司 - H股的多头持仓比例于2026年1月 16日从5.2%增至5.25%。 ...

据香港交易所披露，摩根大通对阿里巴巴集团控股有限公司 - W的多头持仓比例于2026年1月15日从 7.99%增至8.03%。 ...

据香港交易所披露，摩根大通（JPMorgan）对 宁德时代 新能源科技股份有限公司 - H股的多头持仓比 例于2026年1月15日从6.88%增至7.08%。 ...

Core Viewpoint - The political landscape is shifting, potentially impacting banks' ability to conduct share buybacks, which could affect their financial strategies and returns to investors [1][2]. Group 1: Political Influence on Buybacks - President Trump has ordered defense companies to halt share repurchases, raising concerns that similar scrutiny could extend to banks [1]. - The administration is making populist proposals, such as limiting credit card interest rates, to appeal to voters ahead of the midterm elections, which may alter the regulatory environment for banks [2]. Group 2: Financial Performance and Buybacks - The six largest US banks spent over $140 billion on dividends and buybacks last year, surpassing the previous record set in 2019, with JPMorgan Chase leading by repurchasing more than $30 billion in shares [3]. - Banks typically hold more capital than required, and the expectation is that they would use excess capital for buybacks to enhance earnings, although upcoming reforms may lower capital requirements further [4]. Group 3: Capital Allocation Challenges - Banks are currently holding extra capital due to uncertainty regarding regulatory requirements and perceived high share prices, limiting their buyback activities [5]. - If buybacks are restricted, banks may redirect capital towards lending, securities investments, or higher dividends, but there are constraints on increasing dividends and lending growth [5].

Core Viewpoint - JPMorgan Chase & Co. is establishing a branch in Gujarat International Finance Tec-City (GIFT City) to trade equities and other financial instruments, highlighting the growing appeal of this low-tax hub for global banks [1][2]. Group 1: JPMorgan's Expansion - The new branch will facilitate trading in equities, derivatives, and other financial instruments, with a license granted by the International Financial Services Centres Authority (IFSCA) [2]. - JPMorgan previously set up a unit in GIFT City in 2024 to develop derivative products and opened a branch in 2022, allowing it to trade financial instruments for clients outside India [4]. Group 2: GIFT City's Growth - GIFT City is gaining traction among global banks, with firms like HSBC, Standard Chartered, and Mitsubishi UFJ Financial Group establishing significant operations there [3]. - The hub has attracted over 190 fund management entities, along with universities, insurers, and tech firms, indicating a diverse business ecosystem [3]. - As of September 2025, bank assets in GIFT City exceeded $100 billion, reflecting a 41% increase from the previous year and more than doubling since April 2023 [5]. Group 3: Incentives and Market Position - GIFT City aims to become an international trading and lending hub, competing with established centers like Singapore, Hong Kong, and Dubai, offering a 100% tax holiday for a decade to businesses [4]. - Despite its growth in business, GIFT City has not developed as a residential area, with most of its 28,000 workers commuting from nearby cities [5].

Group 1 - The Shanghai Free Trade Account (FT Account) has seen significant developments recently, with the approval of new financial institutions and upgrades to existing accounts, indicating a potential increase in foreign participation in China's cross-border financial activities [1][2] - Morgan Stanley Bank (China) Limited's Shanghai branch has been approved as the first new FT account financial institution in over five years, marking a notable opportunity for foreign banks in the region [1] - As of the latest update, there are 62 financial institutions with FT account qualifications in Shanghai, with 49 being banks, reflecting a growing trend in the FT system [1] Group 2 - The implementation of the "Implementation Measures for the Function Upgrade of Free Trade Accounts" by the People's Bank of China on December 5 has introduced significant policy upgrades, allowing for more flexible cross-border fund transfers [2][4] - The new regulations enable trial enterprises to conduct capital account business without the constraints of external debt quotas or prior registration with foreign exchange authorities, enhancing operational efficiency [2][4] - Major banks, including state-owned and foreign banks, have quickly responded to the new policy by facilitating the opening of upgraded FT accounts for clients, indicating strong market interest and potential for increased cross-border trade [3][4] Group 3 - The recent policy changes are expected to create a multiplier effect for cross-border trade and investment, improving the efficiency of capital allocation for enterprises [4] - The expansion of the FT account system is anticipated to continue, with more financial institutions likely to be added to the list of qualified entities in the future [5]

摩根大通资产管理公司的首席投资官鲍勃·米歇尔表示，市场抛售是对特朗普政府的一个信号，要求其 采取行动恢复平静，就像去年"解放日关税"令投资者感到不安后官员们所做的那样。"目前市场有些混 乱，确实存在一些恐慌情绪，"米歇尔表示。"4月份市场曾出现剧烈波动，之后很多事情都得到了平 息，随后市场恢复了平静。我们需要听到类似的消息。"周二，标普500指数抹去了今年迄今以来的涨 幅，债券和美元也随之下跌。此前，特朗普威胁要对多个反对他吞并格陵兰岛的欧洲国家加征关税。 本文源自：金融界AI电报 ...

Market Overview - US stock indices experienced a significant decline, with the Dow Jones falling by 870 points (1.76%), the S&P 500 down by 143.15 points (2.06%), and the Nasdaq dropping by 561.07 points (2.39%) [1] - The Chicago Board Options Exchange Volatility Index (VIX), known as Wall Street's "fear index," surged above 20, reaching recent highs [1] Technology Sector - Major tech stocks saw substantial losses, with Nvidia and Tesla both dropping over 4%, while Apple and Amazon fell more than 3% [2][3] - Nvidia's stock price was reported at $178.07, down 4.38%, and Tesla at $419.25, down 4.17% [3] Streaming and Media - Netflix's post-market decline expanded to nearly 5% due to disappointing first-quarter earnings outlook and adjustments to its acquisition proposal for Warner Bros. assets to an all-cash offer totaling $82.7 billion [4] Semiconductor Industry - The semiconductor sector faced widespread declines, with Broadcom and Skyworks Solutions dropping over 5%, while TSMC fell more than 4% [4] Banking Sector - Bank stocks also fell across the board, with Citigroup down over 4% and JPMorgan and Morgan Stanley both declining more than 3% [4] Chinese Stocks - Chinese stocks mostly declined, with JinkoSolar down 12.5% and CenturyLink down over 10% [4][5] Bond Market - US Treasury yields rose to a four-month high, while the dollar index fell by 0.41%, marking its worst two-day performance in about a month [6] Precious Metals - Gold and silver prices reached new highs, with spot gold exceeding $4,763 per ounce and silver surpassing $94 per ounce [8][9] Cryptocurrency Market - The cryptocurrency market experienced a significant downturn, with Bitcoin dropping below $90,000 and Ethereum falling below $3,000, affecting approximately 163,000 traders [10][11]

"I don't think there will be wholesale selling of US Treasury debt," Bob Michele, JPMorgan Asset Management CIO and global head of fixed income, says on Bloomberg Television. ...

JPMorgan Chase & Co. (NYSE:JPM) ranks among the most active blue chip stocks to buy now. In response to JPMorgan Chase & Co. (NYSE:JPM)’s fourth-quarter earnings, TD Cowen reaffirmed its Buy rating and $400 price target for the bank on January 14. Following the fourth-quarter earnings announcement from JPMorgan Chase & Co. (NYSE:JPM), TD Cowen reiterated its Buy rating and $400 price target for the bank. JPMorgan Chase & Co. (NYSE:JPM) reported earnings per share of $5.23, compared to the expected $4.86. T ...