| 名称 | 名称 | 2025年涨幅 | 规模(亿元) | | --- | --- | --- | --- | | 022364 | 永赢科技智选A | 239.78% | 22.78 | | 018956 | 中航机遇领航A | 176.65% | 18.81 | | 011815 | 恒越优势精选A | 153.31% | 2.46 | | 001753 | 红土创新新兴产业A | 153.27% | 5.32 | | 016370 | 信澳业绩驱动A | 148.75% | 7.13 | | 018993 | 中欧数字经济A | 147.59% | 52.74 | | 519770 | 交银 优登回报A | 145.83% | 3.37 | | 005550 | 汇安成长优选A | 144.09% | 2.34 | | 011369 | 华商均衡成长A | 143.06% | 3.31 | | 010415 | 华泰柏瑞质量精选A | 142.64% | 2.88 | | 970101 | 兴证资管金麒麟兴享优选B | 141.59% | 0.38 | | 002692 | 富国创新科技A | 140 ...

2025年国内公募主动权益投资冠军重磅出炉！ 在连续三年跑输大盘后，主动权益基金迎来春天，偏股基金指数全年收益33.81%。 今年，布局AI赛道的基金业绩表现亮眼。截至12月30日，永赢基金任桀管理的永赢科技智选A以239.78%的净值涨幅，在全市场主动权益类基金中排名 第一，领先第二名63%，提前锁定今年公募基金冠军。 | 名称 | 名称 | 2025年涨幅 | 规模(亿元) | | --- | --- | --- | --- | | 022364 | 永赢科技智选A | 239.78% | 22.78 | | 018956 | 中航机遇领航A | 176.65% | 18.81 | | 011815 | 恒越优势精选A | 153.31% | 2.46 | | 001753 | 红土创新新兴产业A | 153.27% | 5.32 | | 016370 | 信澳 / 绩驱动A | 148.75% | 7.13 | | 018993 | 中欧数字经济A | 147.59% | 52.74 | | 519770 | 交银优管回报A | 145.83% | 3.37 | | 005550 | 汇安成长优选A | ...

稿源：掌上长沙 2025-12-26 21:03 长沙晚报掌上长沙12月26日讯（全媒体记者 刘俊）近日，全国工商联十三届四次执委会议在长沙召开，会上发布 了2025年万家民营企业评营商环境主要结论，这是全国工商联组织的第7次万家民营企业评营商环境调查。根据 《2025年万家民营企业评营商环境长沙市数据分析报告》，长沙在32个省会及副省级城市中表现卓越："万家民营 企业评营商环境"连续四次位居全国前十；市场环境、法治环境、创新环境、政务环境四大一级指标评分均位列全 国第三；口碑投票稳居全国前十。 据了解，今年前三季度，长沙民营经济增加值为7767.83亿元，比上年增长4.9%，占地区生产总值的比重为 64.9%。截至今年11月，全市实有经营主体200.90万户，其中企业80.44万户，同比增长10.1%。2025年中国民营企 业500强榜单中，长沙6家企业上榜。 近年来，长沙市工商联坚持以促进"两个健康"为主题，以"陪跑护航"七大行动为总揽，积极构建"星商"服务生 态，健全政企沟通机制，服务发展大局，以"服务员"的热忱、"守护者"的用心，"知心人"的担当，让广大民营企 业选在长沙、赢在长沙。 营商环境好不好， ...

扬子晚报网12月21日讯（记者 范晓林 薄云峰）2026年新年将至，2025年港股市场强势回暖成为香港股市的一抹亮色。 | | | 宁德时代 300750 创 融 通 √ | | | | + Q 1 | | --- | --- | --- | --- | --- | --- | --- | | 374.00 | +2.00 | +0.54% | | | | | | 行业 | 电气设备 +0.82% | > | 製金 | | 创 50ETF +0.55% > | | | 今开 | 374.08 | 最高 | 377.68 | 成交量 | | 17.56万 | | 昨收 | 372.00 | 最低 | 370.80 | 成交额 | | 65.73亿 | | 市值 1 1.71万亿 换手 | | | 0.41% | 产周 ! IVI | | 26.76 | | | 闭市阶段 | 盘后量 | | 5 营后额 | | 18.70万 | | H BS | 505.000 +2.23% | | | | 溢价率(H/A): +23.67% > | | | 分时 | 五日 | 日K | 間K | 月K | 周期 | 0 | | ...

2025年港股市场强势回暖，估值修复与结构重塑共振催生大量投资机会，10倍股集中涌现、"红底股"阵 营持续扩容，市场赚钱效应显著。 2025年十倍股扎堆涌现 除10倍股外，港股"红底股"阵营的持续扩容与股价翻倍，也成为市场强势的重要体现。"红底股"特指港 股市场中股价突破100港元的高价股，其数量增长与股价表现，反映了市场热度。 统计显示，截至2025年12月19日收盘，港股"红底股"数量已增至46只，较2024年底增加20只，"红底 股"数量接近翻倍。老铺黄金、腾讯控股最新收盘价均在600港元以上，携程集团、宁德时代、云知声、 科伦博泰生物、香港交易所等股价均在400港元以上。 从上市日期来看，股价超100港元的有20只为今年上市的新股，包括宁德时代、蜜雪集团、西普尼等。 12月19日，港股"红底股"阵营迎来最新成员——希迪智驾正式登陆港交所主板，成为港股首家专注商用 车智能驾驶的上市公司。作为"大疆教父"李泽湘控股的硬科技企业，其发行价高达263港元。12月8日登 陆港交所的卓越睿新，上市首日即大涨87.26%，报126.40港元，印证了市场对高成长性科技赛道新股的 认可。 2025年港股估值洼地效应凸显 ...

与此同时，市场结构的变化也为数字资产回升提供了重要动力。比特币虽仍低于早前高点，但已显著脱 离近期低位，而此轮回升背后伴随的是机构端政策框架的深度调整。Vanguard近期放松对加密ETF的限 制，使市场不再面临完全的被动排他性；同时，美国主要金融机构开始允许财富管理顾问为客户配置最 高约4%的数字资产敞口，意味着此前被限制的大规模长期资金重新获得了布局渠道。GTC泽汇资本表 示，机构端政策从抵触到开放的转向，远比短期交易流更具结构性意义，因其代表的是未来数年持续性 的资金增量，而非阶段性的情绪推动。随着更多传统机构将数字资产纳入资产组合模型，市场深度、成 交稳定性和资金来源结构都将发生质的改善。这也解释了为什么近期价格虽波动不强，但市场底部却不 断提高。 总体而言，GTC泽汇资本表示，当前市场正处于从震荡走向恢复的关键节点。流动性改善、宏观预期修 复以及机构增配的合力正在推动市场从11月的疲弱状态中脱离。若政策方向进一步确认、资金持续回 流、机构配置规模继续扩大，数字资产市场有望迈向更具持续性的回升通道。市场已展现出多个具有结 构性意义的积极信号，在多重因素共振的背景下，风险资产中长期的吸引力正在重新建立。 ...

Core Viewpoint - The China Securities Investment Fund Industry Association has revised the "Performance Assessment Management Guidelines for Fund Management Companies (Draft for Comments)", which includes a performance salary adjustment mechanism for active equity fund managers based on their performance over the past three years [1][3]. Group 1: Performance Assessment Guidelines - Fund management companies must establish a tiered performance salary adjustment mechanism based on the past three years' performance compared to benchmarks and fund profitability [1]. - If a fund manager's product performance is more than 10 percentage points below the benchmark and the fund's profitability is negative, their performance salary should decrease by at least 30% [1]. - For performance below the benchmark but with positive profitability, the salary should still decrease, while those with performance above the benchmark and positive profitability may see reasonable salary increases [1]. Group 2: Fund Manager Performance - Notable fund manager Shi Cheng's products have underperformed benchmarks over the past three years, with returns ranging from -5% to 28%, lagging behind benchmarks by 18% to 48% [2]. - Specific funds managed by Shi Cheng, such as Guotou Ruijin Advanced Manufacturing Mixed and Guotou Ruijin Industry Trend Mixed A, have seen net values drop significantly, with declines of 27.97% and 27.86%, respectively, underperforming benchmarks by 47.71 and 47.5 percentage points [2]. - Shi Cheng has recently adjusted his portfolio, moving away from heavily concentrated positions in the struggling new energy sector to focus on AI and technology stocks, which has led to some recovery in fund performance [3]. Group 3: Industry Implications - The new guidelines aim to create a long-term performance assessment system that aligns the interests of fund managers with the long-term returns of investors, addressing issues of short-term incentives and soft accountability in the industry [4]. - The implementation of these guidelines is expected to shift the industry focus from mere scale expansion to value creation, trust accumulation, and high-quality development, ultimately contributing to the stability of the capital market [4]. - Attention will be needed on the detailed execution of these policies, particularly regarding the standardization of performance benchmarks and the regulation of co-investment operations to ensure that the benefits of reform reach investors [4].

可能有朋友会问，那中长线该咋应对？帮主的观点很明确：这种回调不仅不是坏事，反而可能是给中长线投资者送机会。就像有策略师说的，现在市场已经 有些超卖了，情绪指标都到了极端恐惧的水平，这其实是洗出不坚定筹码的过程——那些只想赚快钱的人跑了，真正优质的标的反而会露出真面目。咱们做 中长线，不用天天盯着大盘的涨跌数字，要抓核心逻辑：美联储降息的大方向没改，只是节奏可能慢一点；AI赛道的长期价值还在，只是前期涨太急需要 消化估值；而那些业绩扎实、估值合理的标的，回调之后反而更有布局价值。 朋友们，帮主郑重又来跟大家唠实打实的财经了！周五凌晨打开行情软件，美股那波上涨确实挺吸睛，道指一下窜了快500点，纳指、标普也跟着往上走， 但咱把时间拉长到一周再看，三大股指全是绿的，纳指都连跌三周了，是不是有朋友心里开始犯嘀咕：这市场到底咋回事，该慌吗？ 其实这周美股的戏可比电视剧还精彩，咱们先回头唠唠周四那波过山车。早盘道指直接冲了700多点，大家一看英伟达财报亮眼，都以为AI股要接着领跑， 结果美国9月非农数据一公布，市场瞬间就变了脸——担心美联储年底前降息的事儿要泡汤，资金立马开始撤退。英伟达更惨，从早盘涨5%硬生生砸到跌 3 ...

Core Insights - Bitcoin's performance in 2025 has been disappointing compared to traditional assets, with a return of only 5.78% while gold surged past $4,000 and major stock indices like NASDAQ and S&P 500 saw increases of 16.17% and 11.95% respectively [2][4] - The cryptocurrency market is undergoing a significant structural transformation, moving from a speculative phase dominated by retail investors to a more institutionalized and regulated environment [6][15] Market Performance - Since Trump's inauguration, Bitcoin has seen a modest increase of 5.78%, while the S&P 500 and NASDAQ have risen by 11.95% and 16.17% respectively [4] - Bitcoin has faced repeated failures to break the $100,000 mark, leading to significant sell-offs by miners and a shift of institutional funds towards AI sectors [4][9] Institutional Involvement - Over 5% of Bitcoin's total supply is now held by publicly listed companies, indicating a significant increase in institutional participation [7][15] - The derivatives market for Bitcoin has experienced explosive growth, with open interest in options reaching a historical high of $63 billion, surpassing the spot market for the first time [22][26] Market Dynamics - Bitcoin's price movements are increasingly correlated with traditional financial markets, with a correlation coefficient of over 0.6 with the S&P 500 [26] - The market is currently in a consolidation phase, with long-term holders reducing risk and miners selling off their holdings to cover operational costs [27][29] Challenges and Risks - Bitcoin's price struggles to maintain above critical support levels, with the $97,000 to $100,000 range identified as a crucial threshold [12][29] - The market is experiencing a "bloodbath" phase, where weak hands are exiting, and if support levels are breached, it could trigger a wave of forced selling [28][31] Future Outlook - The potential for a new bull market in 2026 hinges on whether Bitcoin can hold key support levels and the macroeconomic environment, including Federal Reserve policies [29][35] - Innovations such as RWA tokenization and improvements in scalability may provide new growth opportunities for Bitcoin in the future [34][35]

Core Viewpoint - Wang Ziru has joined Thunderbird Innovation, indicating a strategic move for the company as it prepares for the launch of its new product, Thunderbird Air 4, on October 23 [3][6]. Company Overview - Thunderbird Innovation Technology (Shenzhen) Co., Ltd. was established in December 2021 with a registered capital of approximately 117 million RMB. The company focuses on manufacturing and selling wearable smart devices and virtual reality equipment [5][6]. - The company is co-owned by Li Dongsheng, Ningbo Zhicheng Tuoyuan Enterprise Management Partnership, and Wuxi Yuanli Huihe Equity Investment Partnership [6]. Wang Ziru's Background - Wang Ziru, born on June 5, 1988, in Qiqihar, Heilongjiang Province, graduated from Xi'an Translation Institute and later attended Hong Kong Polytechnic University. He is the founder of Zealer and previously worked as the channel reform project leader at Gree Electric Appliances [6]. - His entry into Thunderbird is not a typical appointment; he is actively involved in testing the company's latest products, leveraging his expertise in digital product evaluation [6]. Upcoming Product Launch - Thunderbird is set to unveil its new product, Thunderbird Air 4, at a launch event on October 23 [6].