前言： 炒股最困难的不是选股，也不是买卖，而是等待； 人生最困难的不是努力，也不是奋斗，而是抉择。 成功的投资者懂得"忍耐"和"自制"，以待时机。 可是当他们买卖之后，发觉自己的想法不对时，也会立即终止合约。另外，还必须承认大部分行情我们 是看不太懂的。康德说过我们认识的只是世界的表像，而作为事物的本质即"物自体"，我们是认识不到 的，我感兴趣的是他很严肃冷静地让我们意识到人类认识的局限性，这种意识放到市场是很准确的，也 有助于我们思考。 老子曰："洼则盈，敝则新，少则多，多则惑。"这是告诉我们，不能贪，要舍得放弃。能舍反而得到， 有时是小舍小得，大舍大得；想贪反而失去。 学会放弃也是一种智慧。想成为赢家，必须有严格的自律。 追求炒股利润的最大化，是大家共同的心愿。可是，很多时候，我们却又败在了追求最大化这一目标 上。我们股民在一起讨论的时候，大家最常说的一句话就是："本来买入这个股票后，我有百分之多少 多少的获利了，可是，还没有涨到我的理想价位，没卖，结果又跌了回来，又被套了。"可以说，我们 手中大部分被套的股票，在起初介入的时候，都有过或多或少的盈利，正是由于我们的贪婪，没有及时 止盈，最终转盈为亏，直至 ...

Real Estate Market - In January 2026, new home prices in Shenyang decreased by 0.2% month-on-month and fell by 0.4% year-on-year, while second-hand home prices remained stable month-on-month and decreased by 3.4% year-on-year [1][2][3]. Transportation Development - The Hunnan District is set to promote the resumption of the Shenyang-Fushun intercity railway, aiming to enhance transportation infrastructure and improve public transport services during the 14th Five-Year Plan period [4][6]. - A comprehensive modern transportation network will be developed, integrating various modes of transport including high-speed rail, conventional rail, and urban transit systems to facilitate easier travel for citizens [6][10]. Hotel Industry - The Meizhu Hotel on Youth Street in Shenyang has recently opened and is available for booking on the Accor website [14]. Cultural Events - The Liaoning Provincial Museum is hosting the "Galloping Horses" zodiac cultural exhibition, featuring over a hundred artifacts related to horses, which is a significant cultural event leading up to the Spring Festival [15][18]. - The exhibition includes five thematic units that explore the cultural significance of horses in Chinese civilization, showcasing artifacts from various categories such as ceramics and paintings [15][17].

回顾2025年，全球资本市场在贸易摩擦、地缘政治与科技浪潮的多重冲击下剧烈波动。中国股市在复杂 环境中展现出较强的韧性，背后既有国家政策稳定性的支撑，也反映出中国企业竞争力的持续提升。展 望2026年，我们认为市场将处在"相对低估、震荡向上"的阶段，在不确定性中，结构性机会依然清晰存 在。 一、宏观环境：稳定仍是主基调 从政策层面看，2026年出现大的政策转向概率较低。过去一年，无论是财政、货币政策，还是资本市场 监管，都体现出较强的连续性和稳定性：在外部冲击来临时及时托底，在市场过热时保持克制。这 种"有为而不失度"的政策取向，有助于降低系统性风险，也为中长期投资提供了相对稳定的预期基础。 国际关系仍是不可忽视的变量。中美关系的核心已从意识形态冲突，转变到贸易逆差带来的关税博弈。 2026年，关税问题仍可能反复，但全面失控的概率较低。与此同时，中国与欧盟的经贸关系保持韧性， 若地缘冲突出现缓和，将对全球风险偏好形成正向支撑。 二、房地产与消费：筑底比反弹更重要 房地产仍是影响中国经济的重要变量。经过连续数年的量价调整，房地产销售额和价格已接近阶段性底 部，一二线核心城市的下行空间正在明显收窄。2026年，我 ...

责任编辑：钟离 财经频道更多独家策划、专家专栏，免费查阅>> 美联楼价指数今日报138.15点，蛇年楼价最终涨7.33%，创自2017鸡年后近八个农历年最大涨幅。 若按 3区划分，蛇年3区楼价全线向上，当中九龙区表现最好，于蛇年涨约9.36%，港岛区及新界区分别涨约 7.14%及约5.71%。 信心指数方面，蛇年涨约26.4%，最新报80.4点。 ...

Group 1 - The article highlights the significant changes in a small county in China, where traditional industries are declining while new industries are emerging amidst economic transformation [2][4][31] - The closure rate of traditional department stores in counties reached 37% in 2023, reflecting the struggles of small businesses against changing consumer preferences and rising operational costs [4][6] - The local fireworks industry has drastically reduced from 42 companies in 2018 to just 7 in 2024 due to stricter environmental policies and changing market demands, resulting in many workers needing to find new jobs [4][6] Group 2 - New industries are slowly developing, with the establishment of a "photovoltaic industry park" that has attracted 8 companies and created over 3,000 jobs, albeit with lower wages compared to previous employment [6][17] - Community group buying and instant retail have seen a 62% annual growth in market penetration, indicating a shift towards new business models in the county [6][31] - Young people are increasingly returning to their hometowns for employment, with a net inflow of about 1,200 individuals in 2024, marking a reversal from previous trends of out-migration [10][11] Group 3 - The education system in the county is becoming more centralized, with one school monopolizing over 85% of key university admissions, leading to a rise in the "accompanying study economy" as families rent homes in the county [19][21] - The healthcare sector shows a divide, with advanced facilities in the county hospital contrasting with outdated equipment in rural health clinics, prompting the establishment of a "county-town medical community" to improve services [25][26] - The real estate market is struggling, with new property prices dropping to less than half of their peak in 2021, affecting local finances and the viability of new industries [26][27]

Group 1 - The company, Country Garden, announced the issuance of 60.5053 million shares resulting from the conversion of zero-coupon mandatory convertible bonds, effective from June 30, 2025, and maturing on February 16, 2026 [2]

Group 1 - The core announcement is that Country Garden (碧桂园) has issued a notice regarding the conversion of zero-coupon mandatory convertible bonds into shares [1] - The conversion will result in the issuance of 60.5053 million shares [1] - The bonds are set to mature 78 months after their issuance date, which is from June 30, 2025, to February 16, 2026 [1]

反映业主的放盘态度的美联信心指数(根据每星期美联网盘价格变化制作而成)最新报80.4点，按周回升 约0.6%。信心指数于高位窄幅上落，维持于80点的高水平徘徊，反映业主对后市前景乐观。整体市场 气氛持续正面，预期楼价将维持稳中向上的势头。 若按3区划分，3区楼价按周呈个别发展。美联港岛楼价指数最新报145.45点，按周升2.29%;美联九龙楼 价指数最新报144.93点，按周升0.6%;反观，美联新界楼价指数最新报125.05点，按周跌0.17%;若与四星 期前相比，3区楼价全线上升，港岛区、九龙区及新界区较四星期前分别升2.57%、2.51%及0.68%;至于 年内迄今楼价变化，3区楼价同样全面向上，港岛区、九龙区及新界区年内迄今分别升4.02%、3.56%及 1.24%。 美联楼价指数今日报138.15点，蛇年楼价最终升7.33%，创自2017鸡年后，近八个农历年最大升幅。若 按3区划分，蛇年3区楼价全线向上，当中九龙区表现最好，于蛇年升约9.36%，港岛区及新界区分别升 约7.14%及约5.71%。信心指数方面，蛇年升约26.4%，最新报80.4点。 岑颂谦续称，最新楼价指数按周升0.5%，连升12周， ...

格隆汇2月16日｜中央财办分管日常工作的副主任、中央农办主任韩文秀在《求是》发表文章《坚持稳 中求进、提质增效 努力实现"十五五"良好开局》，文章提到，要妥善做好重点领域风险化解，守住守 牢安全底线。从房地产市场供需两端发力，因城施策控增量、去库存、优供给，着力稳定房地产市场， 有序推动安全、舒适、绿色、智慧的"好房子"建设，以构建房地产发展新模式为牵引推动房地产高质量 发展。积极有序化解地方政府债务风险，督促各地主动化债，严防虚假化债，不得违规新增隐性债务。 优化债务重组和置换办法，多措并举化解地方政府融资平台经营性债务风险。稳妥推进地方中小金融机 构风险化解、减量提质，充实风险处置资源和手段，强化早期干预和处置，牢牢守住不发生系统性风险 的底线。 ...

Market Overview - Spot gold and silver prices experienced significant declines, with gold dropping over 0.8% and silver falling by 3.5% during early trading on Monday [1] - The U.S. stock market indices recorded declines last week, with the S&P 500 down 1.4%, the Dow Jones down 1.2%, and the Nasdaq down 2.1% due to concerns over the disruptive impact of artificial intelligence (AI) [3] AI Disruption Concerns - Concerns regarding the disruptive potential of AI have spread from the software sector to other industries, including real estate, trucking, logistics, and financial services [3] - Barclays reported that while the U.S. market has shown some resilience, fears about AI's disruptive effects are increasing, leading to heightened market volatility and disparities among sectors [3] Sector Rotation and Investment Trends - Funds are flowing out of large tech companies and into more defensive traditional sectors, with energy, materials, and consumer staples seeing net inflows [3] - The technology sector is expected to experience internal differentiation, with defensive assets becoming more attractive, and companies that can effectively leverage AI for revenue generation are likely to be favored by the market [4] Upcoming Economic Data and Events - Key U.S. macroeconomic data to be released this week includes the preliminary Q4 GDP, monthly consumer confidence survey, and the December Personal Consumption Expenditures (PCE) price index, which is closely monitored by the Federal Reserve [6] - The market is awaiting the release of the Federal Open Market Committee (FOMC) meeting minutes, which may provide insights into future interest rate cuts [6] Earnings Reports - Major companies, including mining giants BHP, Glencore, Rio Tinto, and retail giant Walmart, are set to release their earnings reports, with Walmart's report on Thursday being particularly significant for insights into consumer spending trends [7]