Core Viewpoint - The meeting of the National Financial Supervision Administration emphasizes the importance of supporting the achievement of the 2026 economic and social development goals, while effectively managing financial risks and stabilizing the real estate market [1] Group 1: Economic Development Goals - The meeting aims to provide strong financial support for the successful initiation of the 14th Five-Year Plan [1] - There is a focus on ensuring orderly prevention and resolution of risks in key areas [1] Group 2: Risk Management - The administration is committed to prioritizing risk prevention, addressing existing risks, and preventing new risks from emerging [1] - A strict adherence to the principle of not allowing any major financial failures is emphasized [1] Group 3: Support for Real Estate Market - The meeting highlights the need to stabilize the real estate market and enhance the role of urban real estate financing coordination mechanisms [1] - There is a call to assist in constructing a new model for real estate development [1] Group 4: Financial Institutions - Guidance is provided for banking and insurance institutions to actively resolve financial debt risks associated with local government financing platforms, following market-oriented and legal principles [1]

越秀地产(00123)发布公告，2025年11月，公司实现合同销售(连同合营企业及联营公司项目的合同销售) 金额约为人民币51.15亿元，实现合同销售面积约为18.41万平方米。2025年1月至11月，公司累计合同销 售(连同合营企业及联营公司项目的合同销售)金额约为人民币972.18亿元，累计合同销售面积约为 250.49万平方米。累计合同销售金额约占2025年合同销售目标人民币1205亿元的80.7%。2025年11月， 公司没有新增土地储备。 ...

2025.12. 12 HIX二八扣以王兆刀YU長辺、小畑以加行向。上班旧以仁分付、サノデ似状況444 I X 洋取袋 收于年线上方,深证成指受制造业与科技股带动,涨幅次之,创业板指表现最为突出,主要受 益于成长板块的拉动。 2681家上涨 涨跌停比 机构结构性调仓,聚焦政策确定性与周期修复,资金流入电网设备、有色金属、证券等板块,商贸零售、电 池、光伏设备等板块遭抛售。散户跟风追涨,资金涌入商业航天、可控核聚变等政策热点,反映短期博弈 心态。 :312 个股涨跌均衡,商业航天、可控核聚变、半导体 产业链、电网设备等题材因政策支持、产业周 期复苏、资金流入成为市场上涨主力,传统行业 零售、房地产、银行、离境退税等板块调整幅度 较大。 两市成交额 09 万亿元 ▲12.6% 两市成交额大幅放量,说明市场流动性充足, 投资者参与意愿强烈。可控核聚变/核能核电、 超导概念、电网设备、半导体设备等多个高景 气板块表现活跃,成为成交额放量的重要支 撑。 资金情绪 主力资金净流出 散户资金净流入 75.85% 散户情绪 1 7110 52.86% 2610家下跌 上 证 指 数 3889.35 12月1日 2月12日 今 ...

格隆汇12月12日丨粤港湾控股(01396.HK)公告，董事会欣然宣布，由于认购协议A所载先决条件已获达 成，根据认购协议A条款及条件，认购协议A已于2025年12月12日完成。根据认购价每股认购股份5.5港 元，合共19,636,363股认购股份(约占本公司经配发及发行该等认购股份扩大后已发行股本1.72%)已配发 及发行予认购人A。 ...

Group 1 - The core viewpoint of the news is that the Central Economic Work Conference reflects a more confident assessment of the economic situation compared to previous years, indicating a shift in tone regarding external and internal challenges [1][2] - The fiscal policy is characterized by greater determination, with a focus on maintaining necessary fiscal deficits and debt levels, suggesting limited changes in fiscal space for the coming year [1][3] - Monetary policy emphasizes flexibility and efficiency, reiterating the importance of "dual cuts" (reducing reserve requirements and interest rates) as a response to economic conditions [2][3] Group 2 - The conference highlights the importance of expanding domestic demand, with a focus on optimizing consumption policies and releasing the potential of service consumption [2][3] - Investment is expected to stabilize after experiencing negative growth, with plans to increase central budget investments and optimize local government special bonds [3][4] - Innovation is driven by the emphasis on "Artificial Intelligence+", indicating its critical role in the competitive landscape and the need for supportive regulations [3][4] Group 3 - The conference stresses the need to combat "involution" and promote a unified market, which is expected to enhance corporate profitability and drive technological innovation [4] - Real estate is reintroduced as a focus area, with an emphasis on stabilizing the market and addressing local government debt risks, indicating potential new policies in this sector [4]

亿达中国(03639)发布公告，于2025年11月，本集团的合约销售金额约为人民币0.30亿元及本集团的权益 合约销售金额约为人民币0.30亿元。同期，本集团的销售面积为2189平方米及权益销售面积为2189平方 米，本集团的销售均价约为每平方米人民币1.36万元及权益销售均价约为每平方米人民币1.36万元。 截至2025年11月30日止11个月，本集团的合约销售金额约为人民币6.81亿元及本集团的权益合约销售金 额约为人民币6.62亿元，分别同比减少23.22%及22.84%。同期，本集团的销售面积为5.47平方米及权益 销售面积为5.17万平方米，本集团的销售均价约为每平方米人民币1.25万元及权益销售均价约为每平方 米人民币1.28万元。 ...

每经AI快讯，南山控股（SZ 002314，收盘价：2.91元）12月12日晚间发布公告称，公司第七届第二十 五次董事会会议于2025年12月12日以通讯会议方式召开。会议审议了《关于聘请2025年度审计机构的议 案》等文件。 每经头条（nbdtoutiao）——实施城乡居民增收计划、降准降息等工具灵活高效运用、增加普通高中学 位……深度解读中央经济工作会议 （记者 王瀚黎） 2025年1至6月份，南山控股的营业收入构成为：房地产行业占比58.87%，制造业业务占比20.54%，仓 储物流业务占比15.83%，产城综合开发业务占比3.58%，其他占比1.19%。 截至发稿，南山控股市值为79亿元。 ...

中央经济工作会议12月10日至11日在北京举行。会议指出今年我国经济社会发展主要目标将顺利完成。这一年，中国经济有哪些亮眼表现？如何看待当前经 济形势？专家对此进行了解读。 国家信息中心经济预测部宏观经济研究室副主任 邹蕴涵：今年以来，全球经济增长持续放缓，我国经济总体保持了平稳的发展态势，各方的积极性、主动 性充分调动，各类宏观政策持续加力显效，共同推动经济的内生增长动力不断壮大，全年的各项指标将顺利完成，我国的经济高质量发展迈出了坚实的步 伐。 会议用"五个必须"科学总结了做好新形势下经济工作新的认识和体会，并提出我国经济长期向好的支撑条件和基本趋势没有改变，要坚定信心、用好优势、 应对挑战，不断巩固拓展经济稳中向好势头。 国家信息中心经济预测部宏观经济研究室副主任 邹蕴涵：会议实际上毫不讳言地直面我们当前面对的非常突出的矛盾，比如说我们经济里边供强虚弱的问 题，并且对这些问题做出了非常准确的判断和认识，来有的放矢解决这些问题。同时还有一系列非常突出的优势和长处，包括超大规模的市场优势，是我们 未来发展的底气和支柱所在。 中央经济工作会议指出，今年是很不平凡的一年，我国经济顶压前行，向新向优发展，现代化产 ...

Market Overview - The Shanghai Composite Index experienced a fluctuation with a weekly trading volume exceeding 1.7 trillion yuan, reaching over 2 trillion yuan on Monday and Friday. The index fell by 0.34% while the Shenzhen Component Index rose by 0.84%, the ChiNext Index increased by 2.74%, and the STAR 50 Index gained 1.72% [1][3][5] Economic Outlook - The Central Political Bureau and the Central Economic Work Conference held in December set the direction for economic work in 2026, emphasizing the expansion of domestic demand, fostering new growth drivers, and mitigating risks as key tasks to ensure a good start for the 14th Five-Year Plan [2][3][8] - November exports showed resilience with a year-on-year growth rate of 5.9%, while the Consumer Price Index (CPI) continued to recover, increasing by 0.7% year-on-year, marking the highest level since March 2024 [11][12] Policy Insights - The Central Economic Work Conference highlighted the importance of stabilizing employment, enterprises, markets, and expectations, with a focus on quality improvement and effective growth. The policy framework aims to transition from scale growth to quality enhancement, emphasizing the need for better coordination between domestic economic work and international trade challenges [9][10][20] - The meeting introduced new policy measures, including flexible use of monetary tools like reserve requirement ratio cuts and interest rate reductions, to maintain liquidity and support investment recovery [10][20] Sector Recommendations - The report suggests focusing on sectors such as Technology, Media, Telecommunications (TMT), public utilities, finance, and electric power equipment for potential investment opportunities [15][20] Export and Import Dynamics - The report notes that while exports to the U.S. have decreased, exports to emerging markets remain robust, with significant growth in automobile exports, which surged by 53% year-on-year. However, imports showed a modest increase of 1.9% year-on-year, influenced by weak energy prices and sluggish domestic demand [11][12]

Group 1 - Guangyu Group experienced a trading halt today with a daily turnover rate of 17.94% and a transaction amount of 462 million yuan, showing a fluctuation of 4.86% [2] - The stock was listed on the Shenzhen Stock Exchange due to a daily decline deviation of -10.66%, with institutional special seats net buying 9.26 million yuan [2] - The top five trading departments accounted for a total transaction of 67.87 million yuan, with a buying amount of 32.60 million yuan and a selling amount of 35.26 million yuan, resulting in a net selling of 2.66 million yuan [2] Group 2 - Among the trading departments, two institutional special seats were present, with a total buying amount of 11.96 million yuan and a selling amount of 2.71 million yuan, leading to a net buying of 9.26 million yuan [2] - The stock saw a net inflow of main funds amounting to 27.28 million yuan today, with a large single net inflow of 445,200 yuan and a net inflow of large single funds of 26.83 million yuan [2] - Over the past five days, the net inflow of main funds reached 16.69 million yuan [2]