Core Viewpoint - The report from the Shenzhen Futian District government outlines significant achievements during the "14th Five-Year Plan" and sets ambitious goals for the "15th Five-Year Plan," focusing on high-quality development and modernization initiatives. Group 1: Achievements during the "14th Five-Year Plan" - The district's GDP crossed the thresholds of 5,000 billion and 6,000 billion yuan, marking two historic milestones [2] - The establishment of three new engines for growth: the Hong Kong-Shenzhen Innovation and Technology Cooperation Zone, the Xiangmi Lake New Financial Center, and the Central Park Vitality Circle [2] - The completion of 90 reform tasks, with 29 being national firsts, and total import and export volume surpassing 8,000 billion and 9,000 billion yuan [2] - Significant improvements in public services, including the construction of 68 new or expanded schools, adding 55,000 new educational slots [2] Group 2: Goals for the "15th Five-Year Plan" - The "15th Five-Year Plan" is seen as a critical phase for the district's second entrepreneurial leap, aiming for decisive progress in modernizing the urban area [3] - The plan emphasizes five key areas: development, governance, civilization, public welfare, and environmental quality [3] - The GDP target for 2030 is set at 8,300 billion yuan, with a focus on creating two trillion-yuan, eight hundred-billion-yuan, and four hundred-billion-yuan industrial clusters [3] Group 3: Key Actions for 2026 - The district will implement ten major actions to ensure a strong start to the "15th Five-Year Plan," focusing on various sectors including consumption, trade, and technology [5][6] - Specific actions include enhancing international trade, improving urban quality, and promoting financial empowerment for innovation [6] Group 4: Focus Areas for 2026 - The district aims to accelerate the development of an international metropolis core, leveraging the APEC conference to enhance urban infrastructure and services [8] - There will be a strong emphasis on innovation-driven growth, with plans to increase R&D investment and support for specialized enterprises [9] - Collaboration with Hong Kong will be strengthened to establish a world-class research hub, including new policies for cross-border cooperation [10] - The district will focus on improving public services, education, healthcare, and social welfare to enhance the quality of life for residents [13] - Environmental initiatives will aim for a harmonious coexistence with nature, targeting a reduction in PM2.5 levels to 15 micrograms per cubic meter [14]

（韩国综指保持强势涨0.9%） 分析认为欧美贸易战警报的暂时解除，显著提振了全球投资者的风险偏好，并加速了一场潜在的、更深层次的资产轮动。 由于对美国政策不可预测性的担忧，资金正逐步从估值高企的美国资产中流出，转向估值更具吸引力且地缘政治风险相对较远的亚洲市场。这一 轮动直接导致美元走弱，并为亚太股市和贵金属等资产提供了强劲的上行动能。 Natixis IM Solutions全球市场策略主管Mabrouk Chetouane表示： （三星电子上涨1.7%） 日经225指数上涨0.34%，澳大利亚S&P/ASX 200指数一度上涨0.45%。值得注意的是，前一日刚刚历史性突破5000点大关的韩国综合股指继续保 持强势，盘中一度涨至1.4%。 亚洲地区远离美国、欧盟和拉丁美洲等地缘政治中心，这种距离就像一道屏障，使投资者能够分散对风险资产的敞口。 值得注意的是，亚洲市场的焦点将集中在日本央行的利率决议上，预计日本央行将维持政策利率在0.75%不变。此前，首相高市早苗提出的扩大 支出计划曾引发金融市场动荡，因此日本央行的政策表态将受到密切关注。 全球资金正加速拥抱估值更具吸引力且有增长韧性的亚洲市场。亚太地区股市 ...

AI基金华宝新机遇混合A（162414）披露2025年四季报，第四季度基金利润21.36万元，加权平均基金份额本期利润0.0091元。报告期内，基金净值增长率为 0.5%，截至四季度末，基金规模为4562.05万元。 该基金属于灵活配置型基金。截至1月22日，单位净值为1.892元。基金经理是林昊和唐雪倩，目前共同管理4只基金。其中，截至1月22日，华宝新价值混合 近一年复权单位净值增长率最高，达22.06%；华宝安享混合A最低，为4.23%。 基金管理人在四季报中表示，权益方面，四季度权益资产震荡，但上证指数整体收红，仍然延续了上行的态势。从风格上而言，三季度表现强势的大盘成长 风格出现小幅调整，大盘价值和小微盘股票相对占优。行业方面，周期品及能源类板块占优，有色、石油、钢铁、化工行业表现居前，成长板块分化，通信 （光模块）及军工（卫星链）表现居前，其它成长行业则高位有所调整。基金在报告期内维持了权益资产的整体仓位，未来仍将恪守投资边际，在 A 股市 场中寻找具有较高盈利质量和行业代表性的股票进行组合配置，同时关注估值上行后不同板块的估值比较，希望能够在长期中为持有人寻找和实现可以满足 资产配置收益需求的资 ...

Core Insights - The report highlights the slight increase in the US GDP for the third quarter, which is above expectations, indicating a resilient economic performance [4] - The European Central Bank's meeting minutes suggest that maintaining stable interest rates for an extended period may be appropriate, reflecting a cautious approach to monetary policy [4] - The report mentions the potential for further reductions in reserve requirements and interest rates in China, indicating a supportive monetary stance to stimulate economic growth [4] Economic Data Summary - The Baltic Dry Index increased by 4.28% to 1803.00, indicating a positive trend in shipping rates [5] - The Nasdaq Index rose by 0.91% to 23436.02, while the Dow Jones Industrial Average increased by 0.63% to 49384.01, reflecting a bullish sentiment in the US stock market [5] - Crude oil prices (ICE Brent) decreased by 1.29% to $64.40, while gold prices (London Gold Spot) increased by 2.18% to $4938.35, showing mixed trends in commodity markets [5] - The US dollar index fell by 0.50% to 98.28, indicating a weakening dollar against other currencies [5] - The Hang Seng Index closed at 26629.96, up by 0.17%, while the Shanghai Composite Index rose by 0.14% to 4122.58, reflecting stability in the Hong Kong and mainland Chinese markets [5]

Macro Overview - The global economy is expected to continue a weak recovery in 2026, with growth projected at 3.1% and inflation decreasing to 3.7% [1][4] - China's economy is anticipated to stabilize and rebound with a growth rate of 4.7% to 5.0% due to supportive macro policies [1][4] - The US economy is likely to maintain potential growth, with the Federal Reserve expected to cut interest rates three more times and expand its balance sheet [1][4] Equity Market Insights - The A-share market is expected to maintain a slow bull market, potentially evolving into a long bull market supported by policy dividends, profit recovery, and long-term capital inflows [1][6] - The Hong Kong stock market will benefit from the internationalization of RMB assets and external liquidity easing, continuing its value reassessment [1][6] - Non-US stock markets are projected to outperform US markets, with European and Japanese stock markets expected to rise moderately, while emerging markets present structural opportunities [1][6][9] Bond Market Analysis - The bond market is influenced by the Federal Reserve's interest rate cuts and balance sheet expansion, leading to a downward shift in US Treasury yields [1][7] - China's 10-year government bond yields are expected to fluctuate between 1.6% and 1.9%, with a moderately loose funding environment but limited downward yield movement [1][7] - UK bonds present high allocation value, while German bonds are expected to perform relatively weakly [1][7] Commodity Market Trends - Gold is expected to continue its long-term upward trend, potentially reaching new historical highs, while silver's price is supported by multiple attributes but may experience increased volatility [2][5] - Copper and aluminum prices are anticipated to rise due to demand from AI development and new energy sectors [2][5] - The oil market remains in a state of oversupply, with prices expected to fluctuate around cost levels [2][5] Currency Market Dynamics - The foreign exchange market shows a downward shift in the US dollar, with non-US currencies exhibiting differentiation [2][6] - The Chinese yuan is likely to experience two-way fluctuations, appreciating against the US dollar [2][6] - The euro and Malaysian ringgit are expected to perform strongly, while the Canadian dollar is anticipated to weaken due to tariffs and oil price impacts [2][6]

Group 1 - The core point of the article is that Peng Gao Holdings Group (01865) has deposited shares into Shengheng Financial Holdings, with a market value of HKD 27.75 million, representing 12.37% of the total [1] - On January 9, 2026, Peng Gao Holdings Group announced the issuance of 179 million shares due to the conversion of convertible bonds [1]

Group 1 - The core point of the article is that Peng Gao Holdings Group (01865) has deposited shares worth HKD 27.75 million into Shengheng Financial Holdings, representing 12.37% of the total [1] - On January 9, 2026, the company plans to issue 179 million shares due to the conversion of convertible bonds [1]

昨天（1月22日）亮相的苏州市政府工作报告中，一张张写着"首个""全国第一"的"成绩单"令人振 奋，一个个展现科技感与未来感的"新名词"勾勒未来。其中，"实施内需扩容增效工程""打造更具吸引 力的投资消费目的地"等工作思路和奋斗目标，吸引了代表和委员们的目光。 面对"十五五"开局之年的新考卷，苏州这座经济大市如何在百年变局中主动作为，深挖内需"富 矿"，激发更大的发展活力？ 消费提质，让"流量"变"留量" 在投资端，苏州过去一年坚持"项目为王"，成绩斐然：实现固定资产投资5714亿元，每月保持新签 约、新开工、新投产投用亿元以上产业项目"三过百"。专业化招商队伍与全球招商大会等平台，构成了 有效投资"精准发力"的支撑体系。 展望2026年，政府工作报告将着力点转向"抓有效益的投资"。市人大代表，工行苏州分行党委书 记、行长丛小东认为，这意味着投资不仅要保持强度，更要提升效能，确保每一分投入都能转化为高质 量发展的扎实产出。他从金融赋能的角度分享了实践与思考。他提出，通过丰富的资金供给方式，如参 与设立科创股权基金，满足企业特别是高新技术企业的股权融资需求，可以以投资带动产业，进而带动 全链条消费。他建议，新的 ...

智通财经APP获悉，香港联交所最新资料显示，1月22日，帝国金融集团(08029)股东将股票存入宏智证 券，存仓市值1750万港元，占比5%。 帝国金融集团截至2025年9月30日止6个月中期业绩显示，该公司取得收益1126.4万港元，同比减少约 27.44%；公司拥有人应占亏损1710.4万港元，同比减少20.56%；每股基本亏损0.77港仙。 ...

【市场资讯】 转自：新华财经 【资讯导读】 •美国众议院通过2026财年关键拨款法案 •美国2025年第三季度GDP创近两年最快增速 •日本贸易逆差连五年 出口创新高但对美下滑 •韩国施行《人工智能基本法》 强化高风险AI监管 •美国众议院于1月23日通过2026财年一揽子拨款法案，其中国土安全部拨款以220票对207票微弱优势单 独过关。该方案将与上周通过的另一法案合并后提交参议院，须在1月30日前完成审议以避免政府停 摆。若成功立法，将是自2024年3月以来首次确立全年联邦拨款水平。 •韩国正式实施《人工智能基本法》，要求企业在涉及用户日常生活与安全的"高风险"AI应用场景中采 取严格防护措施，并对深度伪造、虚假信息等滥用行为承担法律责任，标志着AI治理迈入制度化阶 段。 •美国2025年第三季度GDP终值年化环比增长4.4%，略高于初值4.3%，创近两年最快增速。 •美国核心PCE物价指数11月同比上涨2.8%、环比涨0.2%，均符合预期。 •美国上周初请失业金人数降至20万，低于预期的21万，显示劳动力市场依然稳健。 •日本2025年贸易逆差达2.65万亿日元，连续第五年赤字。尽管全年出口额同比增长3 ...