Tianhong CSI Food and Beverage ETF(159736.SZ)

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Tianhong CSI Food and Beverage ETF
159736.SZ
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Breakfast | US stocks stop falling and rebound, most chip stocks rise

U.S. stocks stopped falling and rebounded, with most chip stocks rising. TSMC surged over 4% after earnings, reaching a record high. SanDisk rose over 5%, Goldman Sachs increased by more than 4% after earnings, and Morgan Stanley and BlackRock both rose nearly 6% after their earnings reports. Precious metals experienced a full-scale pullback, with spot silver plunging by as much as 7% during the session

Wallstreetcn·
US
SOXL
+4.60%
Wallstreetcn·
US
SOXL
+4.60%

Citi: Mainland China's regulation on takeout subsidies upgraded, the catering industry welcomes new profit opportunities

Citi released a report stating that the State Council has launched an antitrust investigation into the food delivery industry, marking an escalation in regulatory attitudes towards food delivery subsidies, which may change the competitive ecology of the restaurant industry and promote profitability recovery. Over the past year, the State Administration for Market Regulation has had discussions with Meituan, Alibaba, JD.com, and others, but subsidies have continued. This investigation is initiated by the Antitrust Committee, which has greater authority and may lead platform giants to be more cautious. The report also mentioned that the restaurant industry is facing issues of price wars and the destruction of profit balance

AASTOCKS·
US
JD
-1.73%
HK
09618
-1.30%
US
MPNGY
-2.08%
AASTOCKS·
US
JD
-1.73%
HK
09618
-1.30%
US
MPNGY
-2.08%

Seven A-shares have a market value exceeding one trillion, with Agricultural Bank of China at 2.45 trillion topping the list

According to statistics, as of the close on December 31, 2025, the total market capitalization of A-shares (including only the A-share portion) exceeded 108 trillion yuan, setting a new record high at year-end. Agricultural Bank of China surpassed Industrial and Commercial Bank of China in market capitalization for the first time this year, becoming the new A-share market capitalization champion with a scale of approximately 2.45 trillion yuan. This year, there are 7 stocks in the A-share market with a market capitalization exceeding 1 trillion yuan, namely Agricultural Bank of China, Industrial and Commercial Bank of China, Moutai, China Petroleum, CATL, Foxconn Industrial Internet, and Bank of China

Wallstreetcn·
SH
601288
-1.64%
US
ACGBY
-1.17%
HK
01288
-0.71%
Wallstreetcn·
SH
601288
-1.64%
US
ACGBY
-1.17%
HK
01288
-0.71%

Moutai sets the tone for 2026: Respect market rules, dealers say goodbye to "lying down to win"

How Elephants Turn Around

Wallstreetcn·
SH
600519
-0.50%
Wallstreetcn·
SH
600519
-0.50%

The latest price is 1,520 yuan, the wholesale price of Feitian Moutai has dropped by 43% in two years, the myth of dealers lying down to win has been shattered, who is swimming naked when the tide goes out?

The wholesale price of Feitian Moutai has dropped to 1,520 yuan per bottle within two years, approaching the official guide price, with a decline of 43%. There are market rumors that Moutai has stopped supplying, but in fact, the distributors have completed their contractual obligations. The era of price difference dividends has ended, and distributors are facing challenges of price decline and breaking through

Wallstreetcn·
SH
600519
-0.50%
Wallstreetcn·
SH
600519
-0.50%
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