【今日头条】 港交所CEO回应"港股IPO严控保荐质量" 香港证监会近日发出通函，表示高度关注在2025年新上市申请激增期间出现的问题，包括部分上市文件 的拟备工作存在严重缺失，保荐人或有失当行为，以及其资源管理严重失误。港交所CEO陈翊庭表示， 特别欢迎香港证监会出台该通函，认为这是一份"温馨提示"。陈翊庭强调，香港证监会关注的是保荐人 递交的材料质量，而非上市申请人自身的资料，二者互不相关。港交所始终将质量视为吸引全球投资者 的底气，在当前IPO申请势头良好的背景下，该通函能确保港交所维持高效的服务水平，市场也可以迎 接更多高质量IPO。。 国际油价02月04日上涨。截至当天收盘，纽约商品交易所WTI原油期货当月连续合约上涨1.26美元，收 于每桶64.47美元，涨幅为1.99%。COMEX黄金期货当月连续合约上涨51.40美元，涨幅1.04%，报 4986.4美元/盎司。COMEX白银期货当月连续合约上涨4.46美元，涨幅5.36%，报87.765美元/盎司。现货 黄金上涨17.27美元，涨幅0.35%，报4964.31美元/盎司。现货白银上涨3.12美元，涨幅3.67%，报88.2美 元/盎司。 【热 ...

今日关注 1、商务部定于2月5日举行新闻发布会，介绍近期商务领域重点工作有关情况。 4、文化和旅游部表示，大陆方面将于近期恢复上海居民赴金门、马祖旅游。目前各项工作正在积极筹 备中。 5、《黄金行业"十五五"发展规划（讨论稿）》专家研讨会在京召开。院士专家指出资源保障是黄金行 业稳健发展的根基所在。要持续推进新一轮找矿突破战略行动，加快突破2000米以下深井开采、氰渣综 合利用等先进技术、装备的研发与应用。 投资要闻 1、中证数据最新数据显示，1月份市场新开融资融券账户19.05万户，环比增长29.5%，同比增长 157.09%。截至1月末，市场两融账户总数已达1580.16万户。 2、据华尔街见闻，中财期货在近期白银价格暴跌前成功建立大规模空头头寸，据测算获利超过5亿美 元。上期所数据显示，截至2月2日，中财期货已建立相当于约484吨白银期货的空头头寸，按当前价格 计算价值超过15亿美元。 2、光伏行业2025年发展回顾与2026年形势展望研讨会于2月5日举办。 宏观经济 1、商务部就欧委会对中国风电企业启动《外国补贴条例》（FSR）深入调查表示，欧方滥用调查，不 仅严重干扰中欧产业互利合作，还将迟滞自身乃 ...

Group 1: Bain Capital Acquires FineToday Holdings - Bain Capital has signed a share transfer agreement to acquire 100% of FineToday Holdings, a Japanese beauty care brand spun off from Shiseido's personal care business, which covers the entire industry chain from R&D to manufacturing and sales [1] - This acquisition is expected to inject capital and global resources into FineToday, enhancing its operational and expansion capabilities in the mass personal care and skincare sectors, providing long-term valuation support [1] - The entry of a leading private equity firm like Bain Capital is likely to accelerate industry consolidation in the beauty and personal care sector, increasing the focus on high-quality targets and driving resource concentration towards companies with brand strength and channel advantages [1] Group 2: Resumption of Travel from Shanghai to Kinmen and Matsu - The mainland will soon resume travel for Shanghai residents to Kinmen and Matsu, marking an important step towards normalizing cross-strait exchanges and enhancing the welfare of both sides [2] - This move is expected to activate related routes, hotels, and cultural tourism enterprises, providing clear performance recovery expectations for these sectors [2] - The policy signal is likely to elevate overall attention on the tourism sector, with funds increasingly favoring companies with geographical advantages and strong operational capabilities [2] Group 3: CEO of RT-Mart's Parent Company Missing - RT-Mart's parent company, Gao Xin Retail, announced that it has temporarily lost contact with CEO Li Weiping, who joined the company just two months ago [3] - The CEO's disappearance adds uncertainty to the company's new retail transformation process, potentially prompting market reassessment of its governance structure and strategic continuity, leading to increased cautious sentiment among investors [3] - This incident highlights management risks during the transformation period of traditional supermarkets, with funds likely to avoid companies with governance issues and concentrate on stable, cash-flow healthy leaders [3] Group 4: Passing of Chairman of Dabeinong - Dabeinong announced the passing of its actual controller and chairman, Shao Genhuo, due to illness, raising concerns about the continuity of the company's strategy and governance stability [4] - Although the company's operations have not been significantly impacted, the absence of the founder may lead to a short-term increase in cautious sentiment among investors [4] - This event is considered an individual stock disturbance within the agricultural and animal husbandry sector, without altering the industry cycle or policy direction, with funds likely focusing on companies with clear performance and cost advantages [4]

欲览更多环球财经资讯，请移步7×24小时实时财经新闻 市场 2月5日收盘：标普指数连跌两日 AMD拖累纳指走低 来源：环球市场播报 2月5日美股成交额前20：AMD重挫17.31%，疲弱业绩展望令其受挫 2月5日热门中概股多数下跌 台积电跌2.98%，阿里巴巴跌2.76% 国际油价上涨 交易员关注美伊核谈判的前景 黄金连续两天回测5000美元整数位心理关口 欧洲股市企稳 周期性板块上涨抵消科技股下跌 宏观 中东多国紧急游说 美国恢复原定于6日举行的美伊谈判 伊朗消息人士：原定6日举行的伊美谈判已取消 美官员称美方拒绝更改会谈地点 美伊谈判计划濒临破裂 美伊拟举行核谈判 特朗普再度施压伊朗领导层 特朗普称降息没有太多悬念 相信沃什明白总统希望利率下降 纳斯达克考虑在SpaceX等大型IPO之前推出新的"快速入指"规则 马斯克旗下SpaceX接洽非美国银行 扩充IPO承销阵容 高通本财季业绩展望平淡 盘后大跌近9% 有迹象显示手机芯片需求不稳 美联储决定2026年维持大型银行资本要求不变，拟推动压力测试改革 美国劳工统计局将1月CPI报告发布日期推迟至2月13日 俄外交部：俄美不再受《新削减战略武器条约》任何义务 ...

2026年2月5日 星期四 V 商务部定于2月5日举行新闻发布会, 商务领域重点工作有关情况 2 美国1月24日当周续请失业救济人数 3 美国1月31日当周首次申请失业救济 4 光伏行业2025年发展回顾与20269 研讨会将于2月5日举办 1 习近平同美国总统特朗普通电话 2月4日晚，国家主席习近平同美国总统特朗普通电话。习近平指出，只要双方秉持平等、尊重、互惠的态度相向而行，就可以找到解决彼此关切的办法。双 方要按照我们达成的共识，加强对话沟通，妥善管控分歧，拓展务实合作，不以善小而不为，不以恶小而为之，一件事一件事去做，不断积累互信，走出一 条正确相处之道，让2026年成为中美两个大国迈向相互尊重、和平共处、合作共赢的一年。（央视新闻） 2 隔夜市场 美股三大指数收盘涨跌不一，道指涨0.53%，纳指跌1.51%，标普500指数跌0.51%，热门科技股普遍下跌，AMD跌超17%，英伟达、特斯拉、博通、Meta跌 超3%，谷歌、亚马逊跌超2%，苹果涨超2%；半导体设备与材料、存储概念股、加密矿企跌幅居前，闪迪跌近16%，美光科技跌超9%，西部数据跌超7%。 纳斯达克中国金龙指数跌1.95%，中概股普跌，哔哩 ...

Core Insights - The "Shared Big Market · Export to China" event and the Beijing International Boutique Fair have been launched, marking Beijing's commitment to building a new development pattern and providing a platform for global quality goods to enter the Chinese market [1] Group 1: Event Overview - The event is co-hosted by the Ministry of Commerce and the Beijing Municipal Government, aimed at facilitating the entry of foreign products and services into China [1] - The initiative is designed to create a national-level promotion platform and integrate support systems to connect overseas brands with China's vast market [1] Group 2: Consumer Engagement - The event coincides with the upcoming Spring Festival, which has increased consumer willingness to spend, showcasing products from countries like Thailand, Mexico, Brazil, Mali, Georgia, Iran, and Malaysia [1] - The exhibition features a variety of products, including authentic Thai food, South American specialties, and handmade goods from various countries, alongside selections from Chinese companies [1] Group 3: Immersive Experience - The open exhibition area is described as a "Global Taste Journey," offering a wide range of products including Mediterranean ham, rich cheeses, tropical coffees, and beauty products, with tasting opportunities for consumers [2] - Additional offerings include imported baby formula, handmade carpets, jewelry, and trending digital products, catering to diverse consumer needs and preferences [2] Group 4: Citywide Activities - Following the launch of the Beijing International Boutique Fair, various citywide activities will take place, creating a vibrant consumption landscape for the Spring Festival [2] - Specific events include an "Imported Quality Experience Week" in Shunyi District and an "Eurasian Boutique Promotion Week" in Chaoyang District, aimed at enhancing the festive shopping experience [2]

Economic Growth - China's economy achieved a growth target of 5% in 2025, despite challenges such as increased tariffs from the US and ongoing adjustments in the domestic real estate market [1] - The positive fiscal policy injected momentum into economic growth, with the adjusted general government deficit increasing by 2.3 percentage points of GDP compared to the actual results of 2024 [1] Geopolitical Environment - The geopolitical environment has become more favorable compared to a year ago, with world leaders strengthening ties with China amid fluctuating US trade policies [3] - Recent visits from leaders of South Korea, Canada, the UK, and Germany are expected to improve bilateral disputes and facilitate trade and investment [3] Export Dynamics - In 2025, net exports contributed significantly to economic growth, contrasting with the previous years where investment was the primary contributor [3] - Chinese exporters demonstrated resilience, with exports to other markets increasing by 10%, offsetting a 20% decline in exports to the US [4] - The demand for Chinese exports is expected to remain strong, particularly in sectors like electric vehicles and production materials [6][9] Real Estate Market - The real estate market continues to face challenges, with residential sales area declining by 10% in 2025, and new construction area dropping by 20% [9] - High inventory levels are exerting downward pressure on housing prices, with new and second-hand housing prices falling by 3% and 6% respectively in 2025 [14] - The affordability of housing has improved, as the median house price to income ratio decreased from 8.6 in 2021 to 5.3 in 2025 [18] Investment Trends - Real estate investment has declined for the fourth consecutive year, with 2025 seeing the largest drop [24] - Manufacturing and infrastructure investments are expected to remain subdued due to financial risk prevention measures [26] - Despite a decrease in fixed asset investment, industrial value-added still grew by 6%, indicating strong industrial output capacity [26] Consumer Behavior - Consumption remains the primary driver of economic growth, contributing over half to GDP growth in 2025, with an estimated growth of 4.6% [26] - The savings rate has increased, reflecting cautious consumer sentiment and potential impacts from the real estate market downturn [26] - Retail sales growth in 2025 was 3.7%, with service consumption growing by 5.5%, indicating a shift in consumer spending patterns [29] Future Outlook - The forecast for 2026 GDP growth is based on recent quarterly growth rates, suggesting a potential growth of around 4.6% [34] - The expected growth may stem from a moderate recovery in consumption, slight improvements in investment contributions, and sustained net export support [36]

■朱宝琛 在2026年春节期间，北京市将推出超过460项促消费活动，并首次推出覆盖五大行业的"有奖发票"活 动；自2026年2月10日至7月31日，大连市将开展"有奖发票"试点活动，活动覆盖大连市内零售、餐饮、 住宿、文化艺术、娱乐、旅游、体育、居民服务业所有商户。 消费是经济增长的重要引擎，是国内大循环的关键环节。在提振消费各项政策措施的共同作用下，我国 消费市场稳定增长，供给体系日益完善，消费结构优化升级。根据国家统计局数据，2025年，社会消费 品零售总额501202亿元，同比增长3.7%。 但也要看到，在一些民生消费领域仍存在一些短板，制约着消费潜力的持续释放。"有奖发票"活动通过 构建起"低门槛、广覆盖、强联动"的消费激励体系，打破了传统促消费政策的局限，成为释放消费潜力 的精准抓手。活动覆盖与老百姓"衣食住行"密切相关的全民生消费场景，可实现"全民可参与、消费即 有机会"的普惠效应，在让消费者通过消费赢彩头、添喜气、得实惠的同时，刺激潜在消费需求转化为 实际购买力。 因此，"有奖发票"活动撬动的不仅是短期消费数据的提升，更是消费生态的优化、消费信心的增强以及 消费潜力的释放。从长远看，"有奖发票" ...

本次活动融合"广货"与"花灯"两大元素，在北京路步行街南段设置了"北京路的老字号故事"老照片展， 讲述包括宝生园、广州酒家、陈李济等一批老字号"广货"的历史故事，让一场活动实现从"卖产 品"到"传文化"的跨越。 同时在广东省财政厅前、北京路泰康路口设置了两组马年主题花灯，在北京路步行街南段设置百米挂树 鱼灯，加之主街红色灯笼红火喜庆，惠福美食花街灯笼金光熠熠，北京路天河城B区"爱心树"挂树灯饰 银光闪闪，让"千年古道"沉浸于灯火璀璨、喜庆祥和的节日场景之中，为市民游客营造出"逛花灯、办 年货、赏非遗"的沉浸式体验。 中新网广州2月4日电 (记者 蔡敏婕)"广货行天下"2026年北京路花灯年货节4日在广州北京路步行街启 幕。"千年商道"变身"广货长廊"，激活北京路商圈春节消费活力。 广州市越秀区是"广府文化发源地、千年商都核心"，北京路自古便是广货汇聚、商贾云集之地。 下"2026年北京路花灯年货节启幕。中新网记者 蔡敏婕 摄 "广货行天 自今年以来，北京路步行街已举办"岭南律动粤潮生活嘉年华""首届地理标志产品嘉年华""广府腊味手 信节"等近10场"广货"主题促消费活动，涵盖非遗、腊味、地标产品、帮扶农产品等 ...

在打造消费新场景、培育新业态方面，北海市举办跨年热爱音乐节等5场大型演艺活动，推出"一带一 路"国际帆船赛等15场重大体育赛事，开展涠洲岛绿地毯影视周活动。"蓝梦之歌"邮轮入驻国际邮轮母 港并开行19个航次，接待出入境游客约4万人次。 中新网南宁2月4日电(韦佳秀)广西壮族自治区政协委员、北海市商务局局长潘娟4日表示，广西持续打 造"广西品牌"，积极拓展"东盟出产+广西集散+中国畅销"新链路。在此背景下，北海市通过一系列务实 举措大力提振服务消费，全年累计发放补贴超2亿元(人民币，下同)，带动消费超14亿元。 正在此间召开的广西壮族自治区政协十三届四次会议，潘娟接受了媒体采访。她介绍，过去一年，广西 消费促进活动成效显著。2026年1月28日至30日，董宇辉携"与辉同行"团队开展"阅山河·广西专场"直 播，三天累计推荐超700款特色产品，售出超500万单，其中海产品近40万单，吸引超1亿人次观看，充 分展现了广西作为"糖罐子""菜篮子""果盘子""肉案子""茶缸子"的供给实力。 潘娟表示，为持续激发消费活力，加速释放内需潜力，北海市在落实国家以旧换新政策基础上，当地本 级财政配套提供补贴，并通过进商场、进企业 ...