Core Viewpoint - The article discusses the potential impact of various economic and geopolitical factors on global markets, particularly focusing on the interplay between AI investments, inflation, and the possibility of a new economic cycle emerging in 2026 [2][3]. Group 1: Economic and Market Trends - The article raises concerns about the sustainability of the U.S. stock market if AI capital expenditures decline, questioning what will support the market amid rising debt financing pressures and a looming "inflation + recession" scenario [3]. - It highlights the potential for the U.S. dollar, valuations, and liquidity to experience turbulence simultaneously by 2026, alongside the possibility of a revival in the Federal Reserve's interest rate hike expectations [3]. - In China, various factors are converging, such as the Deep Seek initiative boosting the AI industry, fiscal incentives supporting consumption, and a shift towards value in manufacturing, which may influence the equity market's risk appetite [3]. Group 2: Geopolitical and Commodity Insights - The article notes significant geopolitical developments, including the potential for peace talks in Ukraine and ongoing U.S. pressure on Venezuela, which could affect global capital flows [3]. - It questions whether energy prices will once again dictate global asset trends, with commodities like gold, silver, copper, and oil showing notable price movements [4]. - The article suggests that the industrial and monetary attributes of commodities will be crucial themes in 2026, as various sectors such as robotics, AI, and quantum computing present investment opportunities [5]. Group 3: Upcoming Events and Expert Insights - The article announces the upcoming Alpha Summit on December 19-20, 2023, which will feature discussions on investment trends in technology, global economic growth engines, and geopolitical outlooks for 2026 [7][8]. - Notable speakers include experts from Morgan Stanley, Guotai Junan Securities, and other financial institutions, who will provide insights into the evolving economic landscape and investment strategies [9][24]. - The summit aims to explore structural opportunities arising from new production capabilities in AI, robotics, and green energy, as well as the anticipated recovery in A-shares [24].

广东省科技金融数智平台建设启动 粤科金融集团则与中国银行广东省分行签署战略合作备忘录，并联合发布"中银粤科投贷通"产品。双方 将在投贷联动、综合金融服务、基金协同发展、品牌联合推广等领域开展深度合作，为科技型企业打造 全生命周期服务体系，以金融活水精准滋养实体经济高质量发展。 此外，分论坛还特别设置了圆桌对话环节，聚焦未来产业，围绕量子科技、生物制造、氢能和核聚变 能、脑机接口、具身智能五大未来产业。(完) 在2025大湾区科学论坛科技金融分论坛上，启动了广东省科技金融数智平台建设。该平台将以科技部发 布的《"创新积分制"工作指引(2.0版)(全国试行版)》为指引，整合全省企业创新能力数据资源，构建科 学客观的指标评价体系，实现企业创新能力的量化评价，旨在打通企业与金融机构数据堵点，解决金 融、科技资源供需不匹配问题。广东省科技厅、人民银行广东省分行、广东金融监管局及广州、深圳、 佛山、珠海四地科技管理部门负责人共同启动该平台的建设。 分论坛上还达成了多项合作签约。在广东省第一批"普惠科技贷"省级合作银行签约仪式上，广东省科技 厅负责人与12家银行代表举行了集中签约，将对"普惠科技贷"等项目提供科技信贷风险补 ...

| ■ US 30 | 47,963.60 | 47,988.50 | 47,897.00 | +8.60 | +0.02% | | --- | --- | --- | --- | --- | --- | | = US 500 | 6,875.90 | 6,885.50 | 6,863.00 | +5.50 | +0.08% | | 트 US Tech 100 | 25,753.10 | 25,784.80 | 25,662.00 | +61.00 | +0.24% | 2.截至发稿，德国DAX指数涨0.17%，法国CAC40指数跌0.17%，英国富时100指数涨0.17%，欧洲斯托克50指数跌 0.02%。 | 德国30 | 2025年12月 | 24,101.80 | 24,116.00 | 24,009.30 | +39.80 | +0.17% | | --- | --- | --- | --- | --- | --- | --- | | 法国40 | 2025年12月 | 8,108.50 | 8,131.50 | 8,086.50 | -13.50 | -0.17% | | 英国100 | 2025 ...

据了解，当前，区科技局推动国家科技型中小企业评价入库工作取得突破性进展。多年来，区科技局注重数据赋能，靶向开展企业挖掘工作，依托"多库 联动"数据库，融合近3年国家科技型中小企业申报库与创新型中小企业库等数据，生成重点培育清单并推送至各开发区、各街镇，累计挖掘潜力企业4800 余家，确保"应评尽评"。 （来源：海泰控股集团） 日前从区科技局获悉，今年以来，滨海新区新入库国家科技型中小企业1341家。截至目前，市科技局累计公告公示滨海新区科技型中小企业达6116家，占 全市总量的46%，有效巩固了滨海新区在全市科技创新中的"主战场"和"压舱石"地位。 来源：滨海发布 （来源：海泰控股集团） 据了解，当前，区科技局推动国家科技型中小企业评价入库工作取得突破性进展。多年来，区科技局注重数据赋能，靶向开展企业挖掘工作，依托"多库 联动"数据库，融合近3年国家科技型中小企业申报库与创新型中小企业库等数据，生成重点培育清单并推送至各开发区、各街镇，累计挖掘潜力企业4800 余家，确保"应评尽评"。 同时，区科技局深入实施科技企业梯度培育计划，聚焦处于不同发展阶段企业的差异化需求，全力构建培育服务体系，先后推动1300多家 ...

Core Viewpoint - The recent resurgence of AI investment has led to a strong rebound in the US stock market, shifting Wall Street's sentiment from anxiety over an "AI bubble" to cautious optimism, with expectations for a bull market that could see the S&P 500 index surpass 7000 points by year-end and continue to rise through 2026 [1][4]. Group 1: Market Sentiment and Predictions - Wall Street strategists have increased their year-end and 2026 target levels for the S&P 500, predicting a "Santa Claus rally" that will push the index to significant milestones [1][4]. - Major financial institutions, including Deutsche Bank and Morgan Stanley, have set aggressive targets for the S&P 500, with predictions reaching as high as 8000 points by the end of 2026, driven by the ongoing AI investment cycle [4][5]. - The current market valuation, while high, remains within historically acceptable ranges, and the economic fundamentals in the US continue to provide substantial support for stock market growth [2][3]. Group 2: Economic Fundamentals - Despite a slight increase in unemployment and a cooling job market, consumer spending in the US remains resilient, particularly during key shopping periods like Thanksgiving and Black Friday [2]. - The Federal Reserve's anticipated interest rate cuts and the implementation of the OBBBA tax reform are expected to further bolster economic growth and corporate earnings, particularly in the tech sector [2][3]. - The combination of fiscal, monetary, and regulatory policies is creating a unique environment that supports strong corporate earnings growth, particularly in AI-related sectors [5][6]. Group 3: Broader Market Participation - The strength of the US stock market is no longer limited to large-cap tech stocks; other sectors such as healthcare, utilities, and traditional finance are also contributing to the market's upward momentum [3]. - Small-cap stocks and equal-weighted versions of the S&P 500 are nearing historical highs, indicating broader market participation and potential risk mitigation during any short-term corrections related to AI stocks [3]. - Investors are increasingly optimistic about the long-term growth prospects of the US economy, supported by a robust investment cycle driven by AI and other technological advancements [3][6].

据天眼查APP显示，苏州迈为科技股份有限公司成立于2010年09月08日，注册资本27940.5006万人民 币。（数据宝） 数据宝统计，截至11:02，迈为股份成交额25.89亿元，创上市以来新高。最新股价上涨18.25%，换手率 9.37%。上一交易日该股全天成交额为16.37亿元。 （文章来源：证券时报网） ...

广东省社会科学院党组书记郭跃文表示，广东要发挥主力军和火车头作用，充分调动各方面积极性主动 性创造性，发挥广大企业、专业服务机构、高校、科研机构和各类人才的作用，为新阶段大湾区以高水 平制度型开放，加快建设世界级的大湾区、发展最好的大湾区，充分彰显中国式现代化的万千气象注入 强大动力。 近日，2025年"读懂中国"国际会议（广州）举行，多位专家学者、企业家就"大湾区高水平开放与中国 式现代化"主题展开对话。大家认为，粤港澳大湾区作为中国式现代化的引领地，是中国式现代化的鲜 活典范与实践缩影，展现了中国式现代化的未来方向。 2024年，大湾区经济总量达14.8万亿元，超过全国经济总量的10%，也超过了纽约和旧金山两个世界级 湾区；高水平制度型开放加速推进，以横琴、前海、南沙、河套等重大合作平台为试验田，聚焦规则衔 接、机制对接，在跨境金融、法律服务、职业资格互认等领域率先实现探索，形成了一批可复制、可推 广的创新成果。 未来，启迪将继续在湾区推进"大孵化器计划"，加大孵化器及科技创新中心建设力度，扩大覆盖范围； 围绕湾区龙头企业打造"加速器计划"，促进龙头企业与创新型小微企业携手，激发创新动力。 广东省社会科学 ...

各国经济数据公布总能引起大家注意，尤其是人均GDP这种直击生活水平的指标。2024年年底，国际货 币基金组织和世界银行陆续放出报告，里面有美国、俄罗斯和中国的数字。这些数据基于全年生产总值 除以人口计算，用美元统一单位。公布时，正好赶上全球经济复苏讨论热潮，美国数据通过商务部汇 总，俄罗斯由联邦统计局处理，中国国家统计局负责。国际组织审核后，在2025年初正式对外，媒体争 相报道，经济学家开始分析差距原因。数据来源可靠，避免汇率大波动影响准确性。 公布过程分阶段，先是初步估计，然后最终确认。美国2024年总量29.2万亿美元，人口3.4亿，算出人均 8.58万美元。俄罗斯总量2.41万亿美元，人口1.46亿，人均1.65万美元。中国总量18.94万亿美元，人口 14亿，人均1.35万美元。这些数字在2025年1月确认，引发股市小波动，美国科技股上涨，俄罗斯能源 股持稳，中国消费相关企业获关注。公布后，G20会议引用数据，讨论贸易合作。专家指出，人口规模 直接拉低中国人均值，而美国移民政策帮了大忙。 事件背后，汇率转换是关键。美国美元强势，让数字看起来更高。俄罗斯卢布受能源价格左右，中国人 民币稳定但出口数据需 ...

Core Viewpoint - The establishment of the Greater Bay Area University (GBAU) marks a significant step in creating a new type of research-oriented university focused on science and engineering, aiming to cultivate high-quality research talents to meet the region's development needs [1][2]. Group 1: University Establishment and Focus - GBAU is positioned as a "small but refined, high-level research-oriented" institution, concentrating on six key fields: material science, advanced engineering, life sciences, information science and technology, natural sciences, and financial management [1]. - The university received official approval from the Ministry of Education in June 2023 and has already commenced operations with its first cohort of 80 students from 53 high schools across 16 cities in Guangdong [1]. Group 2: Innovative Educational Model - GBAU adopts an innovative educational model where students do not declare majors upon entry, allowing for self-exploration in their first year, with the option to choose from various disciplines starting in their second year [2]. - The university has established a high-caliber faculty team, with over 300 research teachers, all holding PhDs, and more than 70% having international experience [2]. Group 3: Strategic Collaborations and Future Plans - GBAU has formed strategic partnerships with major scientific institutions like the China Spallation Neutron Source and the Songshan Lake Materials Laboratory to enhance technological innovation and talent development [3]. - The university aims to integrate education with industry through innovative models such as "University + Major Scientific Facilities" and "University + Leading Technology Enterprises," supporting the development of new productivity in the Greater Bay Area [3].

年末攻坚，决胜"十四五"的生动画卷正在铺展：北京竣工保障房43万套（间），4类特困家庭依申请实 现"应保尽保"；广东大力推动科技成果转化，建成近2100家科技企业孵化器和众创空间；内蒙古累计完 成生态建设任务1.23亿亩，其中防沙治沙6688万亩…… 习近平总书记强调："要精准落实党中央决策部署，着力稳就业、稳企业、稳市场、稳预期，全面落实 各项惠民政策，做好安全生产和维护稳定工作，努力完成全年目标任务。" "十四五"收官在即，各地干字当头，以扎实举措全力做好经济社会发展各项工作，确保收好官交好卷。 真抓实干，确保"十四五"收好官交好卷 大国重器铸就绿色发展基石。11月22日，福建漳州，全球最大"华龙一号"核电基地——漳州核电2号机 组首次并网成功，正式向电网送电。作为"十四五"重点项目，漳州核电1、2号机组投产后，年发电量预 计达200亿千瓦时，减排二氧化碳约1600万吨。 在攻坚克难中彰显担当，在转型升级中锻造优势。吉林中能建松原氢能产业园（绿色氢氨醇一体化）项 目现场，工作人员正紧锣密鼓进行试生产准备。能建绿色氢氨新能源（松原）有限公司副总经理孙翔表 示，项目一期处于联合调试阶段，参数正常，将争取早日投 ...