Core Viewpoint - Hunan Huashu High-Tech Co., Ltd. has seen a stock price increase of 5.18%, reaching 76.81 yuan per share, with a total market capitalization of 31.812 billion yuan as of January 8 [1] Group 1: Company Overview - Hunan Huashu High-Tech Co., Ltd. was established on October 21, 2009, and went public on April 17, 2023 [1] - The company specializes in the research, production, and sales of industrial-grade additive manufacturing equipment, focusing on providing metal (SLM) and polymer (SLS) additive manufacturing equipment, as well as 3D printing materials, processes, and services [1] - The revenue composition of the company includes 74.47% from 3D printing equipment and auxiliary parts, 13.57% from after-sales services and others, 11.02% from 3D printing powder materials, and 0.94% from other sources [1] Group 2: Shareholder Information - Huaxia Fund's Huaxia Industry Prosperity Mixed A Fund (003567) is among the top ten circulating shareholders of Huashu High-Tech, holding 1.8945 million shares, unchanged from the previous period, representing 0.94% of circulating shares [2] - The fund has generated an estimated floating profit of approximately 7.1612 million yuan today [2] - The fund was established on February 4, 2017, with a current scale of 8.972 billion yuan, yielding 3.39% year-to-date and 69.07% over the past year [2] Group 3: Fund Manager Performance - The fund manager of Huaxia Industry Prosperity Mixed A is Zhong Shuai, who has been in the position for 5 years and 166 days, managing assets totaling 13.26 billion yuan [3] - During his tenure, the best fund return was 185.99%, while the worst was 0.5% [3] Group 4: Fund Holdings - Huaxia Fund's Huaxia Low-Carbon Economy One-Year Holding Mixed A Fund (015229) has reduced its holdings in Huashu High-Tech by 60,300 shares, now holding 229,100 shares, which constitutes 5.68% of the fund's net value [4] - The fund has an estimated floating profit of about 866,100 yuan today [4] - Established on June 28, 2022, the fund currently has a scale of 156 million yuan, with a year-to-date return of 5.5% and a one-year return of 53.23% [4]

Core Viewpoint - The article highlights the significant growth of the ETF market in China, with the total market size surpassing 6 trillion yuan, indicating a fundamental shift in investor behavior and objectives over a short period [1][2]. Market Growth - The total market ETF size reached 6.02 trillion yuan by the end of 2025, up from 3.2 trillion yuan at the end of Q2 2024, marking a rapid increase in just one and a half years [2]. - The Huatai-PB CSI 300 ETF leads the market with a size of 431.37 billion yuan, reflecting its prominence in the ETF landscape [2][9]. ETF Standardization - The article discusses the transition of ETFs into a standardized era, where product names are simplified to include the index tracked and the fund manager, enhancing clarity for investors [5][6]. - The renaming of the Huatai-PB CSI 300 ETF to "Huatai-PB CSI 300 ETF" signifies a move towards a more regulated and recognizable naming convention in the ETF market [6][7]. Performance and Returns - The Huatai-PB CSI 300 ETF has distributed a total of 165.76 billion yuan in dividends since its inception, showcasing its role in value creation for investors [3][11]. - As of Q3 2025, the fund has achieved over 142.4 billion yuan in cumulative profits for its holders, making it the first equity fund in the A-share market to surpass 100 billion yuan in cumulative profits [12]. Brand Recognition - The article emphasizes the importance of brand recognition in the asset management industry, noting that Huatai-PB has updated the names of 21 products to include the brand in their titles, aligning with the trend towards brand identification in a competitive market [7][10]. - The Huatai-PB CSI 300 ETF's significant trading volume, accounting for over 54% of the total trading volume of similar ETFs in 2025, underscores its liquidity and investor trust [10]. Awards and Recognition - Huatai-PB Fund received multiple awards at the 22nd China Fund Industry Golden Bull Awards, reflecting its commitment to long-term value investment and service to investors [13][14].

当前，人工智能正以前所未有的速度和广度渗透经济。财政部原副部长朱光耀在发言中强调，中美两国 已共同处于人工智能发展的第一梯队，美国在最新政策中已明确将人工智能作为实现科学突破、强化国 家安全、确保能源领导地位的战略核心，其产业政策具体指向先进制造、量子科技、生物制造、芯片、 新材料和核聚变六大领域。这些领域与中国"十五五"规划中的重点产业高度重叠，预示着两大经济体之 间的竞争与合作并存。 权益投资：拥抱"AI+全球再工业化"浪潮，关注投资机会的蔓延和扩散 专题：2026年度投资策略|顶级基金公司、基金经理展望马年投资机会 2026年伊始，全球经济延续激荡的 "分化"与"重塑"，AI浪潮正从资本开支迈入应用落地关键期，全球 再工业化驱动大规模财政投入与制造业回流，重塑供应链格局。国内经济方面，"十五五"规划的开局之 年，围绕发展新质生产力，经济的高质量发展进一步落地见效。 投资者如何在宏观变革的大潮中，寻求结构性的投资机遇，天弘基金在刚落幕的《跨越·新程——天弘 基金2026年度策略会》给出了它的思考。 财政部原副部长 朱光耀 这一判断得到了丹麦著名科技投资人Lars Tvede的验证。他认为，世界正经历史上技 ...

1月8日，城投控股涨5.03%，截至发稿，报4.80元/股，成交2.86亿元，换手率2.45%，总市值120.22亿 元。城投控股股价已经连续4天上涨，区间累计涨幅6.78%。 资料显示，上海城投控股股份有限公司位于上海市虹口区吴淞路130号，成立日期1992年9月9日，上市 日期1993年5月18日，公司主营业务涉及环境业务、地产业务和股权投资业务。主营业务收入构成为： 房产业务97.09%，特许经营权项目收入1.72%，运营管理收入及其他1.19%。 截至发稿，吴振翔累计任职时间15年341天，现任基金资产总规模197.81亿元，任职期间最佳基金回报 200.92%， 任职期间最差基金回报-31.53%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快报 数据显示，汇添富基金旗下1只基金位居城投控股十大流通股东。中证上海国企ETF（510810）三季度 减持172.14万股，持有股数1338.41万股，占流通股的比例为0.53%。根据测算，今日浮盈赚 ...

行情预期 21世纪经济报道记者李域 1月7日，平安基金举办"正启新程"2026年投资策略会，多位基金经理共同展望新一年资本市场机遇。 策略会明确将科技创新与周期品供需再平衡列为2026年两大投资主线。科技领域聚焦全球AI资本开支高增带动的硬件创新机会以及自主可控 叠加国内AI产业需求带动的国产半导体产业链投资机会；周期领域则建议关注供给约束良好、需求温和复苏的周期品种，如化工和工业金属 及其他品种。 平安科技创新混合基金经理翟森则指出，AI基础设施建设远未达到需要讨论泡沫的阶段。他认为，2026年AI领域的投资整体策略是紧扣全球 资本开支主线，同时布局国内替代机遇和应用端的新增长点。 多层次含权产品体系 2025年"固收+"产品规模迅猛增长，截至2025年第三季度，全市场"固收+"产品规模已突破2.6万亿元大关，创下历史新高。 展望2026年，平安恒泽混合基金经理刘斌斌对"固收+"市场发展持乐观态度。刘斌斌预计，债券市场将呈现"N型"走势，十债收益率运行中枢 有所上行，在新的中枢震荡等待基本面的确认。权益市场方面，随着国内供给端产能周期筑底确认、需求侧稳增长政策持续发力以及美国财政 货币双宽周期的开启，A股盈 ...

Core Viewpoint - The Hong Kong stock market is expected to continue its strong performance in 2026, supported by reasonable valuations and improving corporate earnings [1][4]. Group 1: Market Outlook - The overall sentiment for the Hong Kong stock market in 2026 is optimistic yet cautious, with expectations of sustained strength while maintaining a rational view on the pace of growth [1][4]. - Despite a year of previous gains, the market's valuation remains relatively reasonable or even low, alleviating concerns over valuation levels for 2026 [1][4]. Group 2: Earnings Support - Three main factors are identified as supporting the positive earnings outlook for Hong Kong stocks: 1. Technology stocks, particularly those with strong AI capabilities and high technical barriers, are expected to show significant earnings potential [1][4]. 2. The consumer sector, despite showing signs of divergence, has bright growth prospects in the new consumption area, with companies maintaining strong fundamentals likely to continue high growth in 2026 [1][4]. 3. High dividend assets in the Hong Kong market are anticipated to provide effective support for stable returns [1][4]. Group 3: Catalysts for Strength - Three core drivers for the continued strength of the Hong Kong stock market in 2026 are highlighted: 1. A strong cycle driven by technological innovation, with the Hong Kong market poised to benefit from the AI and technology industry development [2][5]. 2. The ongoing trend of foreign capital inflow, as foreign investors increasingly recognize the long-term investment value of core Chinese assets, which is expected to bolster market strength [2][5]. 3. Record net inflows of southbound funds into the Hong Kong market in 2025, providing liquidity support for the market's continuation [2][5].

Core Viewpoint - The stock ETF market in China has experienced a significant net outflow of over 12.6 billion yuan, marking the first occurrence of a net outflow exceeding 10 billion yuan in 2026, despite a strong performance in the A-share market [1][3]. Summary by Category Market Performance - As of January 7, 2026, the total scale of 1,291 stock ETFs (including cross-border ETFs) reached 4.72 trillion yuan, with a net outflow of 12.649 billion yuan on that day [3]. - The A-share market has shown a "spring rally" with the Shanghai Composite Index returning to 4,000 points and achieving a record of 14 consecutive days of gains [1][3]. Fund Flows - The net outflow of stock ETFs was primarily driven by wide-based ETFs, which saw a total outflow of 15.866 billion yuan, while specific ETFs like the Hong Kong stock ETFs and commodity ETFs attracted inflows of 4.086 billion yuan and 1.107 billion yuan, respectively [5][10]. - Over the first three trading days of the year, the cumulative net outflow from stock ETFs exceeded 11.9 billion yuan [3]. Specific ETF Performance - On January 7, the top three ETFs by net inflow were the Hong Kong Internet ETF, the Hong Kong Non-Bank ETF, and the Hang Seng Technology ETF, with inflows exceeding 1.151 billion yuan, 1.148 billion yuan, and 0.687 billion yuan, respectively [8][9]. - Conversely, the top ETFs by net outflow included the CSI 1000 ETF and the CSI 300 ETF, with outflows of 1.545 billion yuan and 1.545 billion yuan, respectively [11]. Future Outlook - The macroeconomic environment is expected to remain favorable for the stock market, with anticipated acceleration in local government special bond issuance and increased government spending [12]. - The market is currently in a phase of valuation expansion, supported by long-term factors such as policy support for A-shares and a low-interest-rate environment [12].

中信保诚盛裕一年持有期A（011713）成立日期2021年6月22日，最新规模9848.99万。今年以来收益 0.61%，同类排名7750/8825；近一年收益6.56%，同类排名6844/8084；成立以来亏损0.05%。 中信保诚盛裕一年持有期A（011713）基金经理为孙惠成、吴秋君。 截至发稿，孙惠成累计任职时间2年121天，现任基金资产总规模3.67亿元，任职期间最佳基金回报 49.63%， 任职期间最差基金回报4.98%。 1月8日，华通线缆跌5.1%，截至发稿，报34.40元/股，成交2.81亿元，换手率1.58%，总市值175.78亿 元。 资料显示，河北华通线缆集团股份有限公司位于河北省丰南经济开发区华通街111号，成立日期2002年6 月21日，上市日期2021年5月11日，公司主营业务涉及从事电线电缆的研发、生产与销售业务。主营业 务收入构成为：电线电缆及其他87.20%，连续管及作业装置9.73%，其他(补充)3.07%。 从基金十大重仓股角度 数据显示，中信保诚基金旗下1只基金重仓华通线缆。中信保诚盛裕一年持有期A（011713）三季度减 持4.62万股，持有股数6.15万股，占基金 ...

1月7日，以"正启新程"为主题的平安基金2026年投资策略会在深圳举行。多位基金经理共同展望新一年市场机遇，并将科 技创新与周期品供需再平衡列为2026年两大投资主线。其中，科技领域聚焦全球AI资本开支高增带动的硬件创新机会，以及自 主可控叠加国内AI产业需求带动的国产半导体产业链投资机会；周期领域则建议关注供给约束良好、需求温和复苏的周期品 种。 中国平安 PING AN Ca 自业 日生防距离印 平安基金2026年投资网站会 l G B B R B B 此外，平安基金全面升级投研体系，在策略会上亮相"一二三四"投研平台化建设成果。平安基金通过"一个理念（坚持做 长期正确的事）、两大驱动（人才与平台相互成就）、三多策略（多团队、多风格、多策略）、四真机制（真机制、真团队、 真人才、说真话）"的平台化路径，在构建自身核心竞争力的同时，也致力于为投资者创造长期稳健的投资回报。 本报记者 昌校宇 展望2026年，平安基金权益部投资总监神爱前认为，在政策持续发力、经济温和复苏以及流动性保持充裕、外部环境改善 等内外部环境共振下，市场震荡上行行情有望得到延续。2026年，预计权益资产的上涨驱动力将主要来自盈利驱动与行 ...

Core Viewpoint - The stock ETF market in China has experienced a significant net outflow of over 12.6 billion yuan, marking the first occurrence of a net outflow exceeding 10 billion yuan in 2026, despite a strong performance in the A-share market [2][4]. Group 1: Market Overview - As of January 7, 2026, the total scale of all stock ETFs (including cross-border ETFs) reached 4.72 trillion yuan, with a net outflow of 12.649 billion yuan on that day alone [4]. - In the first three trading days of the year, the cumulative net outflow exceeded 11.9 billion yuan [4]. Group 2: Fund Flows by Type - On January 7, the net inflows were led by Hong Kong stock ETFs and commodity ETFs, with inflows of 4.086 billion yuan and 1.107 billion yuan, respectively [6]. - Conversely, broad-based ETFs experienced significant net outflows, totaling 15.866 billion yuan, with a scale decrease of 14.372 billion yuan [6]. Group 3: Specific ETF Performance - ETFs tracking the Hong Kong Internet Index saw a net inflow of 1.462 billion yuan, while those tracking the CSI A500 Index faced a net outflow of 4.477 billion yuan [6]. - Over the past five trading days, ETFs tracking the SGE Gold 9999 Index attracted over 6.8 billion yuan, and those tracking specific non-ferrous indices saw inflows exceeding 4.7 billion yuan [6]. Group 4: Notable Fund Managers - Several ETFs managed by large fund companies continued to see net inflows, including the Securities Insurance ETF from E Fund, which reached a scale of 20.524 billion yuan with a net inflow of 557 million yuan [6]. - The China Concept Internet ETF from E Fund also performed well, with a scale of 42.025 billion yuan and a net inflow of 547 million yuan [6]. Group 5: Market Outlook - According to Huaxia Fund, the macro environment is expected to remain favorable for long positions, with anticipated acceleration in local government special bond issuance and central budget investments [13]. - The market is currently in a phase of valuation expansion, supported by long-term factors such as new growth drivers, policy support for A-shares, and a low-interest-rate environment [13].