智通财经记者 | 邹文榕 "网络引流、洗脑荐股、取得信任、给点甜头、诱导加码、全部收割。" 随着股市诈骗招数在技术支持下不断翻新，智通财经记者关注到，一款碰瓷淡马锡旗下太白投资的诈骗团伙，以新的"太白投资APP"形式卷土从来，有受害 者损失已超百万元。 从私域平台的"投资大师"人设引流，到AI生成定制化荐股话术，从高仿券商首席分析师，到APP虚拟资金流水造假，如今的投资骗局早已告别"小打小闹"， 完成了产业化分工与智能化升级——大数据锁定精准人群、AI换脸伪造身份、模拟正规投顾场景，每一步都精心设计，等着投资者一步步走向陷阱。 有没有真的"太白投资"APP？ "骗子比我更懂人性。" "炒股"被骗100多万元后，莉莉（化名）向智通财经感慨了一句。 "2025年年底时，最初我只是在某书一个股票帖子下留了一个评论，没想到那时已经被精准锁定。"莉莉提到，"回头看，他们就是在各大平台的财经内容 里'守株待兔'，专门筛选有投资需求的人。" "骗子也是主动来和我交流股票，全程表现非常专业，推荐的都是中长线。不过我本人偏爱短线，所以只把他的建议当作参考，甚至一度以为在网络世界遇 到了一个能够交流投资心得的朋友。"莉莉回忆，" ...

Group 1 - The article emphasizes the importance of using authoritative and professional analyst reports for stock trading, highlighting the ability to uncover potential thematic investment opportunities [1][1][1]

Group 1 - The article emphasizes the importance of using authoritative and professional analyst reports for stock trading, highlighting the ability to uncover potential thematic investment opportunities [1][1][1]

Core Viewpoint - The company has approved the use of up to RMB 750 million of its own funds for entrusted wealth management, with a focus on low-risk financial products to enhance capital efficiency and profitability [1][18]. Group 1: Wealth Management Products Overview - On February 5, 2026, the company invested RMB 20 million in a wealth management product from Changjiang Securities, with an expected annualized return of 3.4% plus excess returns [4][18]. - On February 3, 2026, the company invested RMB 10 million in a wealth management product from Huatai Securities, with an expected annualized return of 2.15% to 3.2% [5][18]. - On January 27, 2026, the company invested RMB 20 million in a wealth management product from Founder Securities, with an expected annualized return of 4.0% plus excess returns [6][18]. - On January 21, 2026, the company invested RMB 30 million in a wealth management product from Bank of China, with an expected annualized return linked to the seven-day notice deposit rate [8][18]. - On January 12, 2026, the company invested RMB 20 million in a wealth management product from CITIC Securities, with an expected annualized return of 2.35% [10][18]. - On January 9, 2026, the company invested RMB 30 million in a wealth management product from Changjiang Securities, with an expected annualized return of 2.6% plus excess returns [12][18]. - On December 12, 2025, the company invested RMB 30 million in a wealth management product from Changjiang Securities, with an expected annualized return of 2.5% plus excess returns [15][18]. Group 2: Risk Management and Compliance - The company has established a strict management system for entrusted wealth management, including principles, approval authority, decision-making processes, and risk control measures [17]. - The finance department is responsible for daily management, investment control, and auditing of entrusted wealth management activities [17]. - Independent directors and the audit committee have the authority to inspect the entrusted wealth management activities [17]. Group 3: Financial Impact - The company maintains a healthy cash flow and aims to use part of its idle funds for low-risk wealth management to improve capital efficiency and profitability, benefiting shareholders [18]. - As of the announcement date, the company has approximately RMB 612.4 million in outstanding wealth management products, accounting for 30.72% of the latest audited net assets, which is within the authorized limit [18].

Group 1 - The core viewpoint is that Founder Securities has given an initial buy rating to Zhejiang Jingsheng Mechanical & Electrical Co., Ltd [1] Group 2 - The company is recognized for its potential in the market, indicating a positive outlook for investors [1] - The initial rating suggests confidence in the company's future performance and growth prospects [1] - This rating may attract investor interest and could lead to increased trading activity in the company's shares [1]

Group 1 - The core viewpoint is that Founder Securities has given an initial buy rating to Zhejiang Jing Sheng Mechanical and Electrical Co., Ltd [1]

黄金市场上演了一场史诗级波动。 国际金价从逼近5600美元的历史高点狂泻至4400美元低点，单日暴跌9%，创下1980年以来最大跌 幅；白银单日重挫26%，市场恐慌情绪蔓延。 仅隔两个交易日，金价在2月3日暴力反弹6%，重回4900美元关口，2月4日亚洲早盘更是突 破5000美元大关。 这种急速下跌与反弹的节奏，让杠杆交易者经历了一场"多杀多"的踩踏与修复。 这场暴跌的导火索是美联储主席提名事件。 特朗普提名鹰派人物凯文·沃什接任美联储主席，其主张缩表控通胀的立场引发流动性收紧担 忧。 芝加哥商品交易所随即上调保证金要求，投机多头被迫平仓，形成"下跌-平仓-再下跌"的恶性循环。 同时，美元指数反弹压制了非 美货币持有者的黄金需求。 金价在1个月内暴涨25%，白银涨幅高达63%，这种短期涨幅已脱离传统估值框架。 方正证券分析师指出，黄金较2026年合理估值2990美 元/盎司高出80%，存在明显高估。 但另一方面，全球央行购金潮构筑了坚实底部。 2025年全球央行购金量达5002吨，中国央行连续15 个月增持，波兰计划新增150吨储备。 暴跌期间，SPDR黄金ETF单日流入12吨黄金，国泰黄金ETF近20日资金 ...

Group 1 - The "Shengong-Hua Tuo" platform, the first brain-controlled acupuncture and neuro-rehabilitation equipment in China, has been launched, targeting patients with neurological disorders such as stroke-induced paralysis [1] - The platform is being tested in clinical trials at several top-tier hospitals, supported by the National Acupuncture Clinical Research Center [1] - According to Founder Securities, brain-machine interfaces are expected to become a core technology for human-machine interaction, initially focusing on medical rehabilitation and eventually enhancing brain-machine integration intelligence [1] Group 2 - Weisi Medical is focusing on non-invasive EEG collection and magnetic stimulation technology to build a closed-loop system for neuro-rehabilitation [1] - Innovative Medical is investing in both invasive and non-invasive brain-machine interface technologies through its stake in Boling Brain Machine, with its rehabilitation products already commercialized [2]

财富管理"新旧动能"加速转换。 Wind统计数据显示，截至2月3日，证券投资顾问人数已突破8.78万人，距离 9 万人大关仅一步之遥。 与 2024 年末的 8.06 万人相比，投顾队伍净增人数已超过 7000 人，刷新了历史纪录。 方正证券、中金财富、招商证券、长江证券、中泰证券、申万宏源、国投证券、东方证券、中信证券 （山东）、光大证券、东莞证券、华福证券、平安证券、兴业证券和国金证券等排名亦位居行业前列， 投顾总人数均超千人。 在证券行业整体 "瘦身"、从业总人数回落的大背景下，这一结构性调整的背后，是行业发展逻辑的变 革。 "降费对券商行业形成了短期收入承压，长期生态重塑的核心格局，代销收入、分仓佣金等传统业务直 面冲击，同时倒逼行业加速向买方投顾与综合财富管理转型。"中航证券分析师薄晓旭认为，在此背景 下，以资产配置、持仓复盘、市场解读为核心的买方投顾服务成为行业竞争核心。ETF等低费率产品竞 争力进一步凸显，成为券商代销布局的重点方向。 易方达财富副董事长、首席投资官安伟则表示，ETF投资看似简单，但实际隐藏着较高的认知门槛与策 略复杂度。在客户资产配置需求不断提升的背景下，有必要通过专业的投顾服 ...

随着2026年时间轴逐步展开，多家中小型券商陆续召开经营工作会议。证券时报记者注意到，不少券商在 2025年取得业绩突破，为"十五五"开局奠定了良好基础。 面对"十五五"开局之年，各家券商正积极谋划未来五年的差异化布局。根据证券时报记者梳理，区域深耕、集 团主业协同、从"通道中介"向"综合服务商"转型、科技赋能等成为2026年券商战略部署的主线，部分中小券商 着力构建与地方经济、股东产业紧密结合的特色化发展路径。 一些已于去年完成股东变更的券商表示，2026年将开启高质量发展新征程；另一些仍受股东问题困扰的券商则 坦言，2026年或将面临多重挑战，但亦需迎难而上。 券业释放好成绩信号 过去一年，伴随着市场行情向好、交投活跃，证券行业业绩整体实现高增长，多家券商也透露了"好成绩"信 息。 东方财富Choice数据显示，截至2月2日，共有17家上市券商披露2025年业绩预告，其中16家预增，另外1家扭 亏为盈。同时，还有5家券商发布了2025年业绩快报，同样皆为报喜。 比如，国泰海通预计归母净利润为275.33亿至280.06亿元，申万宏源预计归母净利润为91亿至101亿元，中金公 司预计归母净利润为85.42亿 ...