（原标题：华夏幸福跌停，上榜营业部合计净买入47.98万元） 华夏幸福(600340)今日跌停，全天换手率0.74%，成交额4532.59万元。龙虎榜数据显示，营业部席位合计净买入47.98万元。 上交所公开信息显示，当日该股因日跌幅偏离值达-9.97%上榜，营业部席位合计净买入47.98万元。 证券时报•数据宝统计显示，上榜的前五大买卖营业部合计成交1133.76万元，其中，买入成交额为590.87万元，卖出成交额为542.89万元，合计净 买入47.98万元。 具体来看，今日上榜营业部中，第一大买入营业部为东方财富证券股份有限公司拉萨团结路第一证券营业部，买入金额为186.79万元，第一大卖 出营业部为中泰证券股份有限公司义乌诚信大道证券营业部，卖出金额为160.31万元。 近半年该股累计上榜龙虎榜10次，上榜次日股价平均跌0.95%，上榜后5日平均跌7.33%。 资金流向方面，今日该股主力资金净流出1083.53万元，其中，特大单净流出542.48万元，大单资金净流出541.05万元。近5日主力资金净流出1.97 亿元。 2025年10月31日公司发布的三季报数据显示，前三季度公司共实现营业收入38.8 ...

Core Viewpoint - The public fund industry experienced significant rotation in 2025, with themes like artificial intelligence, humanoid robots, and innovative drugs emerging in the equity sector, while fixed income products regained importance as a stabilizing force amid shifting interest rates and asset allocation [1][2][3] Group 1: Performance Metrics - By the end of 2025, China Europe Fund ranked first in absolute returns among large equity fund companies over the past decade [3] - In the fixed income sector, China Europe Fund also achieved the top rank among medium-sized fund companies in absolute returns over the last three years and placed in the top three over the past seven years [3][4] Group 2: Investment Strategy - The dual excellence in equity and fixed income is not reliant on a few star products but is supported by a systematic research platform and a comprehensive product matrix [2][4] - The technology team at China Europe Fund maintained high performance in 2025, developing product lines across digital economy, information technology, and intelligent manufacturing [2][4] Group 3: Organizational Structure - The investment research system of China Europe Fund underwent a stress test in 2025, demonstrating its ability to produce consistent returns across different market cycles [2][3] - The firm emphasizes a unified investment philosophy, professional division of labor, standardized processes, and a data-driven platform to enhance product clarity and sustainability of excess returns [3][4] Group 4: Technology Investment - In 2025, China Europe Fund's digital economy fund achieved a return of 143%, ranking first among similar products [6][15] - The information technology fund recorded a return of approximately 102% since its inception, showcasing strong industry research and stock selection capabilities [7][16] Group 5: Fixed Income Strategy - The fixed income product line includes various strategies catering to different risk appetites, with the Dingli fund achieving a return of about 13% in 2025, ranking in the top 10% of its category [9][17] - The Fengli fund, focusing on Hong Kong stocks, recorded a return of approximately 7% in 2025, providing a balanced option for investors seeking structural opportunities [10][18] Group 6: Integrated Approach - The organization of China Europe Fund allows for a seamless integration of equity and fixed income strategies, enhancing the firm's overall resilience against market fluctuations [11][12] - The collaboration between equity and fixed income teams facilitates a comprehensive understanding of market dynamics, enabling the firm to adapt its focus based on prevailing market conditions [11][12]

格隆汇1月16日｜金证股份公告，预计2025年度实现归属于母公司所有者的净利润为亏损1.44亿元至1.01 亿元，上年同期为亏损2.02亿元。预计2025年度实现归属于母公司所有者的扣除非经常性损益的净利润 为亏损1.79亿元至1.36亿元。本期亏损的主要原因为公司数字经济板块项目受市场变化影响，回款不确 定性增加，导致计提资产减值损失。公司根据联营企业的实际经营情况、市场变化因素等，对长期股权 投资计提了相应的减值准备。 ...

金证股份公告称，预计2025年度归属于母公司所有者的净利润为-14,371.71万元至-10,120.92万元，扣非 净利润为-17,887.30万元至-13,636.51万元。上年同期净利润为-20,241.84万元，扣非净利润为-24,614.60 万元。亏损主要因数字经济板块项目回款不确定、长期股权投资减值；较上一年亏损缩减因聚焦主业、 降本增效。预计确认非经常性损益3,516万元，同比降约20%。业绩预告未经审计，最终数据以年报为 准。 ...

1月16日，科创创业ETF（588360）盘中涨超1.2%，2026年政策导向有望助力科技创新。 每日经济新闻 （责任编辑：董萍萍 ） 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com 中银国际指出，从宏观背景、估值水平、业绩表现以及资本开支等视角来看，当前AI行情泡沫化 不显著，估值仍未透支。AI硬件景气延续，关注"紧缺"环节，包括光通信、TPU产业链、存储芯片、AI 电力等。此外，AI交互革命有望催化端侧换机热潮，AI应用三季度业绩迎来困境反转，应用渗透率进 入加速阶段，垂类应用商业化落地初现成效，关注AI端侧和应用投资机会。聚焦"AI＋消费＋医药"三极 集中结构，AI算力基础设施与数字经济为高景气主线。作为"十五五"开局之年，科技自立自强与先进制 造有望成为核心主线。科技领域需转向体系化配置，覆盖关键核心技术、高端制造等多方向；先进制造 向多层次体系升级，布局未来产业。 科创创业ETF（588360） ...

格隆汇1月16日丨天佑德酒(002646.SZ)在投资者互动平台表示，公司目前暂无涉及数字经济的业务。 ...

Core Viewpoint - The establishment of the Yantai New City Development Venture Capital Fund aims to enhance capital support for industrial development and accelerate the construction of the Jiahua·Happiness New City project [1][3]. Group 1: Fund Overview - The fund has a total scale of 2 billion RMB, with an initial phase of 1 billion RMB, of which 500 million RMB is specifically allocated for investments in the Jiahua·Happiness New City industrial projects [3]. - The fund is jointly initiated by Yantai Main City Holding Group Co., Ltd., Shandong Financial and Economic Venture Capital Co., Ltd., Shandong New Kinetic Energy Fund Management Co., Ltd., and Yantai Financial and Economic Innovation and Entrepreneurship Investment Co., Ltd. [3]. Group 2: Investment Focus - The fund will focus on supporting three main industries: digital economy, green economy, and service economy, as well as two characteristic industries: low-altitude economy and headquarters economy, along with various future industries [5]. - The investment scope will cover the entire lifecycle of enterprises, including startup, growth, and maturity stages, to meet the funding needs and development demands of quality enterprises at different stages [5].

高水平联通激发出蓬勃的经贸活力。2025年，我国对共建"一带一路"国家进出口23.6万亿元，增长 6.3%，占进出口总值的51.9%。投资合作也持续升温，2025年前11个月，我国企业在共建"一带一路"国 家非金融类直接投资2555.3亿元，同比增长19%。 高质量发展的成色，还体现在标志性工程与惠民生"小而美"项目的协同推进。2025年，喀麦隆恩图 至恩乔莱公路项目、土耳其图兹湖地下天然气储库扩建项目、阿富汗艾娜克铜矿项目等一批关键工程取 得重要进展。同时，鲁班工坊、"光明行"等一批标志性民生工程持续推进，切实改善当地民众生活，凝 聚起民心相通的强大力量。 "高质量共建'一带一路'已成为中国为国际社会提供的重要公共产品，成为各国携手走向现代化和 人类通向美好未来的希望之路。"商务部国际贸易经济合作研究院研究员彭波说。 顺应变局育新机 经济日报记者 杨啸林 2025年中央经济工作会议提出，推动共建"一带一路"高质量发展。这是统筹把握国内国际两个大局 作出的重要部署，是"十五五"开局之年扩大高水平对外开放的关键路径，将进一步促进全球开放合作， 为世界提供互利共赢新机遇。 迈入发展新阶段 我国与超50个国家和国际 ...

Core Insights - Despite significant supply pressure, the Shenzhen office market showed notable highlights in 2025 with a return of over one million square meters of supply for the first time in three years [1] - The demand from technology companies for upgrades and expansions significantly contributed to large transactions and supported net absorption growth [1] - The annual net absorption reached 664,000 square meters, marking a new high since 2021 and exceeding the five-year average by 16.9% [1] Supply and Demand - In 2025, 21 new projects were launched, contributing a total supply area of 1.182 million square meters [1] - The average vacancy rate for Grade A office buildings in Shenzhen was recorded at 31.4%, with a slight decrease of 0.2 percentage points [1] - Rental index decreased by 1.9%, with average rent falling to 132.6 yuan per square meter per month [1] Future Outlook - The overall supply scale of Grade A office buildings in Shenzhen is expected to remain substantial in 2026, potentially surpassing one million square meters [2] - The development of technology, high-end, and high-tech manufacturing industries is anticipated to positively impact office demand, with expectations for continued growth [2] - The Qianhai area is transitioning from "functional aggregation" to "capability leap," with new breakthroughs expected in cross-border data flow, green finance innovation, and high-end professional services [2]

Core Viewpoint - China Telecom's stock has experienced a decline of 5.24% year-to-date, with significant drops over various trading periods, indicating potential challenges in the market [1]. Group 1: Stock Performance - As of January 16, China Telecom's stock price was 5.97 CNY per share, with a market capitalization of 546.298 billion CNY [1]. - The stock has seen a decline of 5.54% over the last five trading days, 10.63% over the last twenty days, and 12.97% over the last sixty days [1]. - The net outflow of main funds was 244 million CNY, with large orders showing a buy of 154 million CNY and a sell of 247 million CNY [1]. Group 2: Company Overview - China Telecom, established on September 10, 2002, and listed on August 20, 2021, is primarily engaged in telecommunications and related services [1]. - The company's revenue composition includes mobile communication services (39.56%), industrial digital services (27.78%), fixed-line and smart home services (23.80%), sales of goods and other income (7.54%), and other services (1.32%) [1]. Group 3: Financial Performance - For the period from January to September 2025, China Telecom reported a revenue of 394.27 billion CNY, reflecting a year-on-year growth of 0.59% [2]. - The net profit attributable to shareholders was 30.773 billion CNY, showing a year-on-year increase of 5.03% [2]. - Since its A-share listing, China Telecom has distributed a total of 95.186 billion CNY in dividends, with 68.649 billion CNY distributed over the last three years [3]. Group 4: Shareholder Information - As of September 30, 2025, the number of shareholders for China Telecom was 273,700, an increase of 22.83% from the previous period [2]. - The average circulating shares per person remained at 0 shares, unchanged from the previous period [2]. - Hong Kong Central Clearing Limited has exited the list of the top ten circulating shareholders [3].