A股证券交易员搬运号

Instead of recklessly exhausting yourself, it's better to adopt a strategy of stillness and restraint, temporarily refraining from action.

Current strategy: Stay firm and respond calmly

【Fire prevention, theft prevention, and preventing Trump】 As several European countries join Denmark in sending troops to the Arctic island, which has drawn significant attention from U.S. President Donald Trump, the presence of NATO forces in Greenland may become "more enduring."

Denmark's Defense Minister, Troels Lund Poulsen, announced on Thursday plans to increase Denmark's military presence in Greenland and has invited other NATO allies to participate on a rotational basis.

Speaking to Denmark's public broadcaster DR, he said: "Our intention is to establish a more permanent military presence."

Currently, Germany, the United Kingdom, France, Finland, and the Netherlands have confirmed small-scale troop deployments. According to European diplomats, the move aims to demonstrate to the United States Denmark's and other nations' serious commitment to Arctic security—not merely in response to Trump's threats regarding control of Greenland.

On Wednesday, Denmark's and Greenland's foreign ministers met with U.S. Vice President JD Vance and Secretary of State Marco Rubio in Washington, agreeing to establish a high-level working group within weeks.

Danish Prime Minister Mette Frederiksen admitted the meeting was "not easy" and acknowledged fundamental differences with the U.S. While thanking partner nations for their troop contributions, she added: "Defending and protecting Greenland is a shared concern for the entire NATO alliance."

On Thursday, French President Emmanuel Macron said approximately 15 French soldiers would soon be reinforced via land, sea, and air. He noted that Europe is experiencing "the erosion of established certainties," including facing "unforeseen competitors." Additionally, France and Canada will open consulates in Greenland within the coming weeks.

In terms of specific deployments, Germany will send 13 reconnaissance soldiers, the UK one officer, Norway two soldiers, and Sweden several soldiers. Helsinki will dispatch two liaison officers, while the Netherlands will send one officer.

A senior diplomat from a related country admitted: "These forces obviously cannot prevent a U.S. invasion—this is simply impossible. Therefore, the message must be conveyed very delicately. The goal is to show that we are taking action to strengthen Arctic security and that there is more we can do in the future."

Germany's Defense Minister Boris Pistorius pointed out that Russia and China are increasingly using the Arctic for military purposes, and NATO will not remain passive. It is reported that the 13 German soldiers are expected to fly to Denmark on Thursday, departing for Greenland the following day.

He further emphasized: "For me, the decisive factor is the close coordination we have in Greenland, particularly with our American partners, within Denmark-led NATO joint reconnaissance operations."

European Commission President Ursula von der Leyen also addressed the issue on Thursday, stating that discussions on Arctic security first and foremost belong at the NATO level.

She said: "Greenland can rely on us politically, economically, and financially. We will continue to advance Arctic security efforts together with our allies and partners—including the United States."

【China's rare earth advantage is being eroded, it's just a matter of time—ten, twenty years...】 Canadian rare earth company Mkango Resources (MKA.V) officially launched the UK's first commercial-scale factory dedicated to recycling materials for permanent magnets in 25 years this Thursday, marking Western efforts to actively challenge China's dominant position in critical minerals.

Although Western nations have pledged to reduce dependence on China, China still holds a leading role in the mining and processing of rare earths used in electric vehicle motors, wind turbines, and consumer electronics. With limited new capacity growth outside China, market supply is tightening, making recycling one of the few viable short-term solutions for expanding access to these critical materials.

The new factory in central England, Birmingham, is operated by Mkango's subsidiary HyProMag. It utilizes a hydrogen-based process technology developed at the University of Birmingham, capable of extracting magnets from discarded products and converting them into new rare earth materials. Notably, this process generates significantly lower carbon emissions compared to traditional mining and refining methods.

UK Industry Minister Chris McDonald told Reuters that the UK and its G7 partners aim to reduce China's dominance by building domestic capacity—currently, China controls about 70% of rare earth mining and 90% of refining.
McDonald emphasized: "At its core, this is about breaking the supply chain control we currently face."

The opening of this factory further strengthens the UK's strategic positioning in securing critical mineral supplies. The UK aims to meet 10% of domestic demand through domestic mining and 20% through recycling by 2035, with the plan backed by up to £50 million (approximately $66.86 million). Historically, the UK had magnet manufacturing capabilities, but these were lost about 25 years ago as production shifted overseas.

In terms of capacity, depending on the number of shifts, the factory can produce between 100 to 300 tons of magnets annually, and the company states its new technology offers a low carbon footprint.

McDonald noted that the facility has already attracted strong interest from automakers, and this technology is now being promoted to the US and Germany. HyProMag previously revealed it is developing similar factory projects in both countries.

According to Bloomberg, China and Canada are working to expand energy cooperation. The government led by Canadian Prime Minister Mark Carney not only hopes to sell more oil and gas to this Asian economic powerhouse but also looks forward to attracting Chinese investment in battery technology and renewable energy sectors.

During Carney's visit to Beijing, a series of agreements were announced, including an energy trade framework. The document commits to establishing a ministerial dialogue mechanism and exploring cooperation opportunities in oil, gas, nuclear energy, and clean technology.

Natural Resources Minister Tim Hudak told reporters in China's capital that the Chinese government "has clearly expressed its desire to obtain more Canadian energy products."

Hudak also said Canada is open to increased investment from China in its energy projects, noting that a subsidiary of China National Petroleum Corporation already holds a significant stake in a major liquefied natural gas export terminal in Canada, while other Chinese companies have investments in oil sands projects in Alberta.

"They want more of our energy," Hudak said. "As long as they are responsible producers, we welcome more Chinese investment."

Canada's deepening energy ties with China and its open pursuit of Beijing's support mark a sharp turnaround from the diplomatic chill between the two countries in recent years. The tariff policies pushed by U.S. President Donald Trump have prompted Canada to accelerate diversification of its export markets, bringing the country closer to its second-largest trading partner.

In recent years, Canada's energy exports to China have significantly increased. After the expansion of the Trans Mountain pipeline—the only route transporting bitumen to the West Coast—crude oil shipments surged by 84% within a year. Carney and Alberta Premier Danielle Smith are currently pushing to build another pipeline to connect coastal areas in British Columbia.

With the United States exerting control over Venezuelan President Nicolás Maduro, Chinese refineries have also shown greater interest in Canadian oil. Beijing was once the main buyer of discounted crude from Venezuela, but due to U.S. control over the country's oil flows, access to this supply has now become highly uncertain.

Bloomberg reports that as a key component of its major product expansion strategy in the coming years, OpenAI is working to strengthen its hardware supply chain in the United States and actively seeking partners to expand into areas such as consumer devices, robotics, and cloud data centers.

The developer of ChatGPT has issued requests for proposals to relevant companies, covering the domestic production and supply of critical components such as silicon wafers, motors, packaging materials, and data center cooling systems. However, these current requests do not disclose specific details about OpenAI's planned investment scale or detailed timelines.

In response to the news, shares of Symbotic Inc., a company focused on robotics and warehouse automation solutions, rose 5.2% on Thursday, closing at $71.55.

OpenAI has previously stated that its ultimate plan involves investing tens of billions of dollars in large-scale data center expansion, viewing this as a crucial move to directly boost its revenue capacity. In the consumer electronics sector, the company has already acquired an AI device startup co-founded by Jony Ive, a former Apple executive, marking its first step into the market. Additionally, through a November agreement with Foxconn Precision Industries Co., Ltd., OpenAI will be allowed to design and manufacture data center hardware. The core objective of this collaboration is to ensure that server racks are made in the United States.

Chris Lehane, OpenAI's global affairs lead, noted that entering the robotics field will help revitalize American manufacturing. (Image source: Nathan Laine/Bloomberg)

Previously, OpenAI had used similar proposal solicitation methods to seek ideas and partners for its 'Stargate' project—a plan to invest $50 billion over the next few years in building data centers and AI infrastructure in the U.S. This initiative aims to promote domestic manufacturing of components, aligning with a key priority of the Trump administration.

"AI is the catalyst for national re-industrialization," Lehane emphasized in an interview. "We must bring the supply chain back here."

OpenAI's interest in finding partners in the robotics sector indicates its more proactive approach in this domain. Lehane believes the boom in the robotics industry will arrive faster than the public expects. He acknowledged that while China currently holds an advantage in hardware manufacturing, the U.S. is poised to lead in developing the "AI brain" that controls robots.

In the data center space, the current solicitation focuses on solutions to prevent AI chip overheating—another key concern shared by many startups and industrial giants. However, as chip technology continues to evolve, demand for traditional cooling equipment may diminish. Nvidia CEO Jensen Huang recently stated that the company's next-generation chips may no longer rely on certain conventional cooling systems. This technological shift could put downward pressure on the stock prices of companies producing such cooling equipment.

Bloomberg: The United States and Taiwan have reached a long-awaited trade agreement that will lower tariffs on goods from the autonomous island to 15% and enable Taiwanese semiconductor companies to increase financing for U.S. operations by $500 billion.

Under the terms announced by the Trump administration on Thursday, tariffs on Taiwanese goods will be reduced from the previous 20% to the same level agreed upon last year with Japan and South Korea. The Executive Yuan in Taipei stated in a declaration that the new tax rate will not be stacked on top of existing most-favored-nation tariffs.

Taiwan's technology industry will also commit to invest at least $250 billion in direct investments to expand advanced semiconductor, energy, and artificial intelligence businesses in the U.S. This includes the previously pledged $165 billion investment by Taiwan Semiconductor Manufacturing Company (TSMC). Additionally, Taiwan has agreed to provide an extra $250 billion in credit guarantees to further invest in the U.S. semiconductor supply chain.

A statement from the U.S. Department of Commerce outlining the agreement did not specifically mention TSMC, but this arrangement has clear implications for the company, which is the world's leading producer of artificial intelligence chips. Lutnick stated in an interview with CNBC that he expects the company to “enter on a large scale, even larger—you’ve already seen reports about a possible doubling.”

According to sources familiar with the matter, the agreement will require TSMC to build at least four more chip manufacturing plants in Arizona, which will add to the six plants and two advanced packaging facilities the company has already committed to opening in that location.

The U.S. has also indicated, according to the Taipei cabinet statement, that it will increase investments in key Taiwanese industries, including semiconductors, artificial intelligence, defense, and biotechnology.

Business Department officials familiar with the details revealed that TSMC and other companies will lead the planned $250 billion investment. Officials stated that Lutnick co-chaired the negotiations of this agreement with U.S. Trade Representative Jamison Greer.

Lutnick told Bloomberg that the credit guarantees will primarily benefit Chinese small and medium enterprises building in the U.S. He noted that Taiwan made concessions because its goods faced the threat of hefty tariffs.

“If they don’t build in the U.S., the tariffs could be 100%,” Lutnick said. “If they commit to building in the U.S., they can bring in their semiconductors tax-free while they build in the U.S.”

This agreement removes a major point of contention between Taiwan's democratic government, which has a population of 23 million (and which China seeks to control), and the U.S. (Taipei's main military supporter). For months, Taiwanese officials had indicated that an agreement was imminent, but it had always failed to materialize. The agreement was announced shortly after a senior Taiwanese official delegation visited Washington and finalized the agreement with representatives of U.S. President Donald Trump.

The framework also sets a 15% cap on U.S. tariffs for specific industries regarding automotive parts, lumber, logs, and wood-derived products from Taiwan. According to the Department of Commerce statement, generic drugs produced on the island will be exempt from import duties.

Additionally, Taiwanese semiconductors will receive future tariff exemptions. Companies building new factories in the U.S. can import goods up to 2.5 times their current capacity tax-free during the construction period, and shipments exceeding the quota will be subject to a lower tax rate. Once the production facilities are completed, this cap will be reduced to 1.5 times the current capacity.

【Is China pushing for a free trade agreement with Canada? Ministry of Commerce responds】

Caixin.com, January 15th - The Ministry of Commerce held a regular press conference on January 15th. Spokesperson He Yongqian stated at the meeting that both China and Canada support economic globalization and trade liberalization, and share extensive common interests and enormous potential for cooperation in the economic and trade field. He Yongqian pointed out that China is currently expanding high-level opening-up, proactively aligning with international high-standard economic and trade rules, and steadily expanding institutional openness. We are willing to actively negotiate bilateral and regional trade and investment agreements with countries and regions that have the willingness, further promoting global trade and investment liberalization and facilitation, and actively safeguarding the hard-won free trade and multilateral trading system.

【Ministry of Commerce: The Proper Resolution of the China-EU Electric Vehicle Dispute Holds Significant Positive Significance】

Caixin.com, January 15 - The Ministry of Commerce held its regular press conference on January 15. At the meeting, Ministry spokesperson He Yongqian responded to questions regarding the China-EU electric vehicle dispute, stating that on January 12, 2026, China and the EU simultaneously announced that after multiple rounds of consultations, the electric vehicle dispute had achieved positive results, a development that has drawn extensive attention from domestic and international sectors. The business communities on both sides expressed 'high praise and full agreement,' unanimously believing that the 'soft landing' achieved in this case will significantly boost market confidence and inject new momentum into China-EU automotive trade and investment cooperation. Some EU politicians noted that this marks a positive step toward establishing a sustainable China-EU trade relationship, demonstrating that resolving trade disputes through partnership remains viable.

He Yongqian emphasized that under the current international circumstances, China and the EU, based on mutual respect and within the framework of WTO rules, properly resolving the electric vehicle dispute holds significant positive importance. This achievement not only benefits the healthy development of China-EU economic and trade relations but also contributes to maintaining stability in the global automotive industrial and supply chains. Moreover, it sends a clear and strong signal to the world that China and the EU are committed to jointly safeguarding a rules-based international trading system, setting a good example for countries to resolve differences through dialogue and consultation, and injecting greater certainty and positive energy into global economic development.

【央行重磅发布：8项新政全力支持经济结构转型优化】

财联社1月15日讯，国务院新闻办公室于今日下午召开新闻发布会。中国人民银行有关负责人表示，基于当前经济金融形势的实际需求，央行将正式推出8项政策措施，旨在进一步助力经济结构的转型与优化。

具体政策内容如下：

1. **下调政策工具利率**：各类结构性货币政策工具利率统一下调0.25个百分点。其中，各类再贷款一年期利率由现行的1.5%调整至1.25%，其他期限档次的利率也将同步进行调整。

2. **优化信贷额度管理**：合并使用支农支小再贷款与再贴现额度，并增加支农支小再贷款额度5000亿元。同时，在总额度中专门设立1万亿元的民营企业再贷款，重点支持中小民营企业发展。

3. **加码科创技术支持**：将科技创新和技术改造再贷款额度在原有的8000亿元基础上增加4000亿元，总量提升至1.2万亿元。支持范围将进一步扩大，涵盖研发投入水平较高的民营中小企业。

4. **整合债券支持工具**：对既有的民营企业债券融资支持工具与科技创新债券风险分担工具实施合并管理，两者合计提供2000亿元的再贷款额度。

5. **拓宽绿色金融领域**：扩大碳减排支持工具的覆盖范围，纳入节能改造、绿色升级、能源绿色低碳转型等具备碳减排效应的项目，引导银行业全面支持绿色转型。

6. **关注服务养老产业**：拓展服务消费与养老再贷款的支持领域。依据健康产业认定标准，适时将健康产业纳入该再贷款工具的支持范围。

7. **调整商房首付比例**：将会同金融监管总局，把商业用房购房贷款的最低首付比例下调至30%，以支持商办房地产市场的去库存工作。

8. **提升汇率避险服务**：鼓励金融机构优化汇率避险服务水平，丰富相关产品供给，致力于为企业提供成本合理、灵活且有效的汇率风险管理工具。

【Affected by export tax rebate, the domestic module price increase this week has intensified】

Caixin Network, January 15: The domestic module price increase this week has shown an expanding trend. Affected by export tax rebate policy factors, recent module manufacturers' supply has been prioritized for export demand, leading to continuous upward adjustments in domestic guide prices. Currently, some transaction prices in distributed photovoltaic have risen to 0.8 yuan/watt or higher, and the transaction center is expected to continue moving upward. In centralized photovoltaic, end-user enterprises currently have low acceptance of high-priced modules, and the market is basically in a state of no transaction.

Regarding specific quotations, current distributed Topcon 183, 210R, and 210N high-efficiency modules are quoted at 0.720 yuan/watt, 0.735 yuan/watt, and 0.741 yuan/watt, respectively; centralized Topcon 182/183 and 210N high-efficiency modules are quoted at 0.688 yuan/watt and 0.708 yuan/watt, respectively.

On the supply side, domestic module production capacity utilization increased this week, with January module production plans adjusted upward compared to expectations. Increased orders from some leading enterprises have effectively supported the rise in output. Additionally, domestic module inventory decreased again this week, and further decline is expected in the coming period.

According to the South China Morning Post, European aviation assessors have officially launched flight testing for China's domestically developed C919 aircraft. The narrow-body passenger jet manufacturer based in Shanghai is accelerating its efforts to secure Western safety certification. This is seen as a crucial step for the C919 to achieve global operations and compete directly with industry leaders Boeing and Airbus.

Sources familiar with the matter revealed that two flight test engineers from the European Union Aviation Safety Agency (EASA) have completed verification flights. Meanwhile, some experienced foreign pilots working in China have also been assigned to assist in verifying the reliability of the C919 aircraft.

These moves come after last year's high-risk certification process faced delays and represent an ongoing part of communication between China Commercial Aircraft Corporation (Comac), the manufacturer of the C919, and European regulators.

According to sources at the aircraft production base, EASA pilots conducted flight tests on a C919 aircraft at Shanghai Pudong Airport in November.

The source said: "EASA believes that although some minor details still need adjustment, overall the aircraft's performance has been good and safe."

Another source confirmed the flight test and noted that recent interactions between COMAC and EASA have increased.

As of now, neither COMAC nor EASA has responded to requests for comment from The Washington Post.

Aviation logistics analyst Li Hanming believes the project is making substantial progress, with EASA's flight testing being critical.

He said: "The focus of the assessment is on evaluating the aircraft's real-time in-flight performance under extreme conditions. This is arguably the most prominent part of the certification process and reflects the joint efforts between COMAC and EASA."

Flight testing is a core component of compliance demonstration and marks the third stage of EASA's four-stage evaluation system. This stage involves testing the aircraft's key performance under extreme maneuvers, stalls, and various weather conditions to ensure comprehensive validation. Only after successful flight tests and other demonstrations will EASA review the complete compliance documentation, and issue an airworthiness certificate once all issues have been resolved."}{

According to NBC, U.S. Secretary of State Marco Rubio is expected to prepare a proposal to acquire Greenland worth $700 billion.

【A joint Chinese-foreign team achieves significant progress in the field of new semiconductor materials】

Caixin.com, January 15 - According to news from the University of Science and Technology of China, Professor Shuchen Zhang's team at the university has conducted in-depth collaboration with researchers from Purdue University in the United States and Shanghai Tech University, achieving groundbreaking results in the study of new semiconductor materials. The joint research team has, for the first time worldwide, successfully achieved controllable construction of 'mosaic'-style heterojunctions within two-dimensional ionic soft-lattice materials; this novel structure not only exhibits atomic-level flatness but also supports in-plane programmability. This milestone advancement opens up a completely new technical pathway for the development of future high-performance light-emitting devices and integrated devices. The related academic findings were published online on January 15 in the prestigious international journal Nature.

According to local media reports, in preparation for the upcoming election, Japan's largest opposition party is discussing deeper cooperation with former members of the ruling coalition, with both sides even showing intentions to merge.

The Asahi Shimbun reported that senior officials from Japan's Constitutional Democratic Party (the largest opposition group in Japan) and Komeito (the Public Interest Party) are scheduled to hold talks this Thursday. Komeito, a smaller party, has just ended its long-standing alliance with the ruling Liberal Democratic Party. The focus of their discussions will center on how to collaborate in the snap election expected to be held in early February.

If the Constitutional Democratic Party successfully merges with Komeito to form a new political party, it would create a formidable opposition force directly challenging Prime Minister Sato Kanae. Previously, Prime Minister Sato decided to call for an early election to leverage her personal popularity and gain broader public mandate, but a united opposition would undoubtedly pose a strong challenge to her plans.

【The United States has officially started selling Venezuelan oil】Caixin News, January 15. According to CCTV News, on January 14 local time, a U.S. government official revealed that the United States has completed the first sale of Venezuelan oil. The transaction is worth $500 million, and the official added that more oil sales are expected in the coming days and weeks. At 3 a.m. on January 3, the United States launched a large-scale military strike against Venezuela, forcibly taking President Maduro and his wife to the United States. The Trump administration claims it will 'manage' Venezuela and exploit its vast oil reserves.

Recently, another major topic of interest alongside the commercial aerospace sector, 【Alibaba Qwen has been updated, enabling users to order food and book flights with just one sentence】, has seen new developments.

According to a report by Sci-Tech Daily on the 15th, after actual testing by journalists, the functionality of the Alibaba Qwen app has been further enhanced. Now, users can easily order food delivery, book flights, and handle government services within the app by simply issuing a 'one-sentence' command. However, the test also revealed that the feature currently does not support purchasing daily necessities.

As displayed on the app's interface, services such as Taobao Flash Sales and Fliggy have already been officially integrated into the Qwen app.

【Dedicated to Steering Semiconductor Supply Chain Back to the U.S.】

On Wednesday, Trump officially announced tariffs of 25% on certain artificial intelligence chips, based on a new national security directive issued by the White House. Products directly affected by this policy include Nvidia's H200 AI processor and AMD's comparable semiconductor, the MI325X.

This announcement follows a nine-month investigation conducted under Section 232 of the Trade Expansion Act of 1962, aimed at imposing import tariffs on high-end semiconductors and related equipment that meet specific performance benchmarks. This move is part of a broader strategic effort to incentivize chip manufacturers to expand production capacity within the United States, thereby reducing reliance on chipmakers in Taiwan and other regions.

The official statement noted: "The U.S. currently fully manufactures only about 10% of the chips it needs, heavily dependent on foreign supply chains." The statement further emphasized that this dependency poses a "significant economic and national security risk."

However, the White House clarified in a fact statement that the scope of these tariffs will be narrowly focused. Notably, U.S. data centers—major consumers of AI chips—will be exempt. Additionally, chips and their derivative devices imported for use by startups, non-data center consumer applications, non-data center civilian industrial applications, and U.S. public sector applications will not be subject to these tariffs. According to the announcement, Commerce Secretary Howard Lutnick has broad authority to implement further exemptions.

In market reactions, shares of Nvidia, AMD, and Qualcomm (QCOM.O) experienced slight declines during after-hours trading.

Looking back at the context, Trump previously stated in December that, due to Beijing's pursuit of dominance in the chip industry being "unreasonable," he would impose tariffs on semiconductor imports from China, though this action has been postponed until June 2027. These measures follow a one-year Section 301 investigation launched by the previous Biden administration, primarily targeting China's exports of "traditional" or older technology chips to the United States.

Previously, there had been uncertainty regarding which products would be affected, the exact tariff rates, and whether exemptions would apply based on country, product, or company. However, combining Wednesday's announcement with the December statement, the government currently appears to be adopting a relatively moderate approach toward chip imports.

According to Reuters, several U.S. lawmakers and former government officials have strongly questioned President Donald Trump's decision to allow Nvidia to sell its second-most powerful AI chip to the Chinese market on Wednesday. They believe this move not only undermines America's dominant position in the field of artificial intelligence but could also provide momentum to Beijing's military modernization efforts.

Just on Tuesday, the Trump administration officially approved export licenses for Nvidia's H200 chips to China. Although hardline Washington officials have expressed deep concerns, with this rule now in place, the shipment process for the H200 may soon begin.

Matt Pottinger, who served as the White House's senior advisor for Asian affairs during Trump's first term, stated directly during a congressional hearing that the government has taken the wrong direction in its AI policy. He pointed out that allowing the sale of such chips undermines America's established goal of winning the AI race.

Pottinger described the sale of H200 chips to China as "a significant boost to China's military modernization." He specifically outlined the areas that could be enhanced, including nuclear weapons, cyber warfare, autonomous drones, biological warfare, and capabilities in intelligence and influence operations. He further emphasized: "Congress must take action to prevent this mistake from being repeated."

Additionally, some Republican lawmakers have voiced similar concerns, but as of now, they have not issued explicit condemnations of this policy shift.

According to Reuters, three informed sources revealed that armed Kurdish separatist groups are attempting to cross the border from Iraq into Iran. This indicates that foreign forces may be trying to exploit the unstable situation, which has persisted for several days following Tehran's crackdown on protests.

The three unnamed sources, including a senior Iranian official, said that Turkey's intelligence agency has warned Iran's Islamic Revolutionary Guard Corps (IRGC) about recent incidents of Kurdish fighters crossing the border.