Group 1 - The upcoming week will see a total reverse repurchase maturity scale of 11,810 billion yuan, with specific maturities on each day from Monday to Friday [1] - On January 26, a press conference will be held by the State Council Information Office regarding the 2025 business work and operational situation [2] - On January 27, China will release the year-on-year profit data for large-scale industrial enterprises for December 2025 [3] Group 2 - A press conference on January 28 will introduce the high-quality development of state-owned enterprises [4] - On January 30, preliminary GDP data for Hong Kong for the fourth quarter will be published [5] - On January 31, the official manufacturing PMI data for January will be released, with December's PMI recorded at 50.1%, an increase of 0.9 percentage points from the previous month [6] Group 3 - A total of 30 companies will have their restricted shares unlocked next week, with a total market value exceeding 40 billion yuan, with January 27 being the peak unlocking date [6] - The companies with the highest unlocking market values include Haibo Shichuang (23.154 billion yuan), Fostar (5.367 billion yuan), and Yifang Biotechnology-U (4.251 billion yuan) [6] - Three new stocks will be issued next week, including Beixin Life on January 26 and Linping Development and Electronic Science and Technology Blue Sky on January 30 [6] Group 4 - The upcoming week will feature a "super earnings week" for U.S. stocks, with major tech companies like Microsoft, Meta, Tesla, Apple, and others reporting earnings [8] - The Federal Reserve is expected to announce its interest rate decision on January 30, with a low likelihood of rate cuts in the first quarter [8] - The U.S. government faces a risk of shutdown by January 31, with a 75% probability of closure due to recent political tensions [9]

Core Viewpoint - The article highlights the upcoming "Super Earnings Week" where major tech companies like Microsoft, Meta, Tesla, and Apple will report their earnings, shifting focus from traditional financial metrics to the efficiency of AI capital expenditures and hardware cycle recovery [6][14]. Economic Data and Events - Key economic data releases include the U.S. durable goods orders expected to rise by 3% after a previous decline of 2.2% [2]. - China's industrial profits for December are anticipated to show a year-on-year decline of 13.1%, while the full year is expected to show a slight increase of 0.1% [2]. - The U.S. Federal Reserve is expected to maintain interest rates at 3.5% to 3.75%, with a focus on inflation data and potential delays in rate cuts [8][9]. Earnings Reports - Major tech companies such as Tesla, Microsoft, Meta, and Apple will report earnings, with a focus on AI spending and hardware recovery [14]. - Storage giants like SanDisk, Western Digital, and Seagate, along with Samsung and SK Hynix, will report earnings that will validate the AI-driven storage "super cycle" [15]. Geopolitical Events - The article notes significant geopolitical risks, including the potential announcement of a new U.S. Federal Reserve Chair and ongoing tensions related to Greenland and other regions [18][20]. - The EU-India summit is expected to announce a historic trade agreement, reflecting the EU's pivot towards India amid fluctuating U.S. trade policies [21]. Industry Conferences - Multiple industry conferences are scheduled, including the "Star Computing and Intelligent Connection" seminar by the China Academy of Information and Communications Technology, focusing on space computing infrastructure [28]. - OPEC+ will hold a monthly meeting to discuss oil production policies [29].