（文章来源：证券时报） 2026年首个交易日，A股上演"开门红"，上证指数涨1.38%，收出罕见的12连阳，重回4000点上方；上 证50、深证成指亦大涨，创出新高。全日成交2.57万亿元，较前一交易日增超5000亿元。脑机接口、保 险、科技等板块涨幅居前。"今日市场行情全面爆发，并非偶然的脉冲式行情，而是基本面改善、政策 红利释放与流动性修复三者共振的必然结果。"中邮证券副总裁、首席经济学家黄付生对证券时报记者 表示。中信建投资深策略分析师夏凡捷表示，人民币升值、科技板块利好集中释放、宏观经济预期改善 及资金面积极信号等多重利好，有望推动A股跨年行情的继续演绎。 ...

横琴"一签多行"政策实施一周年成效显著 来源：中国新闻网 编辑：万可义 广告等商务合作，请点击这里 一年来，"一签多行"签注使用量呈现稳步增长态势，横琴边检站数据显示，使用该签注通关人次逐月递 增，1月通关量为3.2万人次，12月已飙升至超12万人次，较1月增幅超275%，体现了政策对跨境出行需 求的持续拉动效应。 横琴边检站相关负责人介绍，大部分持该签注居民每月至少赴澳1次，部分热衷双城生活的居民更是保 持每周至少1次的通关频率，出行目的涵盖旅游、购物、访友、观赛等多个场景，高频往来有效带动澳 门餐饮、会展、文旅等相关产业蓬勃发展。 "我们将持续强化客流动态监测预警、优化通关服务，全力保障口岸通关高效顺畅。"该负责人表示，据 横琴边检站预计，2026年元旦假期横琴口岸日均客流将超10万人次，较去年同期增幅超三成，其中出境 客流高峰主要集中在9:00至14:00，入境客流高峰主要集中在下午16:00至22:00。 横琴边检站提醒广大出入境旅客，及时关注口岸客流动态，合理安排行程、尽量错峰出行，以提升通行 效率。(完) 中新网珠海12月31日电 (邓媛雯 何天洋)截至31日，横琴赴澳门旅游"一签多行"政策实施满 ...

Group 1 - The A-share real estate sector is experiencing a significant upward trend, with leading companies driving market attention and creating a collaborative growth pattern among various players [1] - Key companies such as Chengjian Development and Hefei Urban Construction have shown strong performance, contributing to the overall market momentum [1] - The trading volume in the sector has notably increased, indicating a clear influx of capital and reflecting market confidence in the resolution of real estate risks and the release of policy benefits [1] Group 2 - In 2025, 21 distressed real estate companies have completed or received approval for debt restructuring, with a total debt reduction scale of 1.2 trillion yuan [2] - Notable cases include Sunac China, which successfully restructured approximately 96 billion USD in offshore debt, and Country Garden's 177 billion USD debt restructuring plan approved by the court [2] - The national housing and urban-rural construction work conference confirmed that the task of ensuring housing delivery has been fully completed, restoring buyer confidence [2] Group 3 - The financing environment for the real estate industry is improving, with bond financing totaling 62.04 billion yuan in November 2025, a year-on-year increase of 28.5% [3] - The total bond financing for the first 11 months of 2025 reached 550.28 billion yuan, reflecting a 10.5% year-on-year growth [3] - Leading real estate companies are gradually breaking through in overseas bond issuance, maintaining low financing costs [3] Group 4 - High-quality real estate development is expected to benefit directly from policy optimization, improved financing, and debt reduction efforts, particularly for companies in high-tier cities [4] - Real estate services are poised to gain from the recovery of industry confidence and the increasing share of second-hand housing transactions [4] - Urban renewal is accelerating, driving demand growth in related industries, with significant increases in special bonds for urban village renovations [4]

Market Overview - The market experienced fluctuations in the morning session, with the ChiNext Index leading the decline and the CSI A500 Index down by 0.23% [1] - Consumer stocks, particularly in the liquor sector, showed signs of rebound, while non-ferrous metal concept stocks strengthened [1] - High-priced stocks underwent significant adjustments [1] ETF Performance - As of the morning close, 39 ETFs tracking the CSI A500 Index saw slight declines, with 14 of them having transaction volumes exceeding 100 million yuan, and 3 surpassing 3.2 billion yuan [1] - The transaction amounts for A500 ETFs were as follows: A500 ETF Fund at 4.669 billion yuan, A500 ETF Huatai-PB at 3.697 billion yuan, and A500 ETF Southern at 3.21 billion yuan [1] Market Outlook - According to brokerage firms, three main drivers—residential savings transfer, policy dividend release, and profit cycle recovery—remain solid for the medium to long term, suggesting a potential continuation of a gradual upward trend [1] - The short-term outlook for the A-share market is expected to be characterized by steady fluctuations and upward movement, with close attention needed on policy, capital flow, and external market changes [1]