Tags :ETF fund flows

Market Conditions On March 12: The Rise And Fall Of Multiple Sectors And Details Of ETF Capital Flows

Journal reporter: Xiao Ruidong Editor: Zhao Yun The market bottomed out and rebounded yesterday, with the three major indexes narrowing their losses in the afternoon. In terms of sectors, the concept of green power has exploded, the chemical sector continues to strengthen, and the coal sector is active. On the downside, the gas turbine concept continued to adjust, and the military industry sector weakened.

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Suiyuan Wine Sword Fairy2026-03-2124-hour news update Views()Comment

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Douyin Releases A Financial Industry Convention, Clarifying Account Qualifications As The Core Threshold And Related Specifications
① Douyin issued a financial industry convention, proposing systematic regulations on the creation of financial content in terms of account qualifications, content management, marketing behavior, violation handling, etc.;

② In the specific rules, account qualifications are prefixed as the core threshold.

"Science and Technology Innovation Board Daily" reported on December 17 that "creators in the financial field are encouraged to complete the platform's financial professional qualification certification before publishing professional financial content. Accounts that have not been certified by the platform are prohibited from publishing professional financial content and recommending professional financial services/products."

Douyin's latest "Douyin Community Financial Industry Convention (Trial)" (hereinafter referred to as the "Convention") puts forward systematic regulations on the creation of financial content in terms of account qualifications, content management, marketing behavior, violation handling, etc.

In the specific rules, account qualifications are set as the core threshold. At the same time, the Convention also stipulates clear prohibitions on false and misleading financial information, requiring that the publication of content that goes against common sense and whose authenticity is difficult to verify is strictly prohibited, and behaviors such as exaggeration, rumor-mongering, and fabrication of false information are prohibited. There are also clear restrictions on the product operation behavior of financial institutions.

Different from the previous special rectifications carried out on issues such as illegal stock recommendations and false propaganda, this time the Convention does not focus on "point governance" around a single type of violation. Instead, it attempts to build a relatively complete and predictable system of rules for the production and dissemination of financial content to reduce the possibility of the spread of risky content from the source.

However, with the release of the convention, some members of the public also raised questions: Is Douyin pursuing the management logic of "you cannot speak without qualifications"?

In response to this, Li Liang, vice president of Douyin Group, responded on the social media platform that the focus of launching this convention is to combat the behavior of explaining highly professional content such as financial markets and recommending financial products without professional qualifications. During the governance process, the platform found that some accounts published financial content by impersonating or packaging the identities of experts or employees of financial institutions, which was highly misleading and had a bad social impact. It hopes to remove such accounts from the platform through stricter qualification requirements.

Li Liang also emphasized that the platform encourages creators who are truly engaged in in-depth and professional content sharing to complete qualification certification in advance to enhance user trust; while ordinary users are not restricted in sharing objective and compliant financial experience based on their own experience.

"Having qualifications does not mean you can say anything casually," Li Liang said. In recent years, the platform has established separate community standards for content categories with high professional thresholds and high social impact, such as medical and health, law, and finance, and has also built specialized content review capabilities and introduced reviewers with professional backgrounds to improve the rigor of content control. The ultimate goal is still to provide users with more professional and higher-quality information content.

From a larger regulatory background, the introduction of this convention is also closely related to the recent continuous strengthening of the cyberspace department’s governance of financial content.

On November 26, the Cyberspace Administration of China held a meeting to summarize and exchange experiences on optimizing the business network environment in Beijing. The meeting required that website platforms should adhere to a problem-oriented approach, strictly implement subject responsibilities, improve the ability to discover and handle information that is obviously corporate-related infringements, strengthen the account management of financial "self-media" and MCN institutions, and continuously improve the accuracy of handling illegal information and accounts. It is necessary to improve the level of standardization, optimize the mechanism for accepting and handling reports, standardize the work process for accepting and handling enterprise-related online infringement information, and refine the standards for handling enterprise-related infringement accounts. To improve governance efficiency, cybersecurity and informatization departments must have the courage to take on their responsibilities, actively explore and innovate, polish the brand of the special action "Optimizing the Business Network Environment", and summarize and promote a batch of replicable good experiences and practices.

In addition, regulatory authorities such as the State Administration of Financial Supervision, the Ministry of Public Security, and the China Securities Regulatory Commission have also continued to crack down on illegal online financial activities for a long time. During the "March 15" period this year, according to CCTV news reports, the China Securities Regulatory Commission, in conjunction with the public security, cyberspace and other departments, carried out a severe crackdown on the fabrication and spread of stock market rumors through the entire chain of monitoring, screening, disposal, warning, investment education, etc.

In September this year, the State Administration of Financial Supervision and the Ministry of Public Security jointly released the first batch of typical cases of illegal and criminal activities involving "black and gray industries" in the financial field. They launched a heavy blow to crack down on prominent illegal and criminal activities of "black and gray industries" in the financial field and achieved positive results.

In recent years, illegal and illegal activities in the financial field, such as stock market gossip, illegal and illegal stock recommendations, and spreading rumors through essays, have occurred frequently on various online platforms. With the joint efforts of all parties including supervision and platforms, the financial content ecosystem has gradually developed towards standardization and healthy development.

In fact, before the release of the Convention, Douyin had repeatedly disclosed its progress in the governance of illegal financial content.

On October 11, 2024, Douyin issued a penalty announcement for illegal securities activities such as "illegal stock recommendation". The announcement shows that in the past month alone, the platform has dealt with more than 3,600 illegal accounts related to the stock market and more than 15,000 pieces of illegal content.

On March 10 this year, Douyin issued an announcement (II) on cracking down on “illegal stock recommendation” and other illegal securities activities, clearly encouraging qualified financial and securities professionals to publish authoritative and authentic information and share professional knowledge, while continuing to combat illegal activities such as “providing paid stock recommendation services without relevant qualifications” and “fabricating and disseminating false or misleading information to affect securities transactions.”

In October this year, Douyin issued official reminders on three typical financial scams on the platform, clarifying that the platform resolutely cracks down on all types of illegal financial activities and strictly prohibits behaviors that disrupt economic and financial management order. It also announced data that in the third quarter of 2025, the platform handled more than 100,000 pieces of illegal stock recommendation and other financial violations.

Combined with this "Convention", it can be seen that Douyin has gradually tightened the standard management of financial content, forming a "four-step" financial governance, until it completely and systematically regulates illegal financial content in detail.

In an interview with a reporter from the Science and Technology Innovation Board Daily, Chen Duan, director of the Digital Economy Integrated Innovation and Development Center of the Central University of Finance and Economics, said that in the past period, the platform has adopted more "special rectification" methods for the governance of financial content, which is a typical reactive and campaign-style governance. It can curb illegal stock recommendations, false propaganda and other chaos in the short term, but it is more than sufficient to treat the symptoms and insufficient to address the root causes. The issuance of the "Douyin Community Financial Industry Convention" marks a systematic upgrade of platform governance ideas - from post-processing to full-chain governance that combines pre-prevention, in-process control and post-event traceability.

In Chen Duan's view, the Convention has built a basic framework for the financial content ecosystem through the three major sections of account qualifications, content management, and marketing activities, and has moved the governance focus forward to the human and behavioral level, significantly raising the cost of violations for "pseudo experts" and "fake mentors". At the same time, delineating content and marketing red lines through clear negative lists will help eliminate long-standing ambiguities in rules, stabilize the expectations of creators and users, and promote good money to drive out bad money.

"In the longer term, this type of industry convention is expected to evolve into a de facto industry reference standard, reshape the professionalism orientation of financial content production, accelerate the stratification and professionalization process of creators, and become an important interface connecting financial supervision and online content governance." Chen Duan further said, "Of course, its actual effectiveness still depends on the rigidity of execution, technical identification capabilities and the degree of cross-platform collaboration, especially in aspects such as the credibility of qualification certification and the definition of covert inducement behavior, which still need to be continuously observed and improved."
1 hours ago
If Trump Returns To The White House, He Will Fire The SEC Chairman And Appoint A Pro-digital Asset Regulator
At the Bitcoin 2024 conference in Nashville, Donald Trump announced to loud applause from the audience that he would fire the chairman of the Securities and Exchange Commission and appoint a pro-digital asset regulator if he returns to the White House.

The former president had been critical of cryptocurrencies, but since he began selling his own NFTs, Trump has shifted his stance and won support from many in the cryptocurrency community, including Elon Musk and the Winklevoss twins.

Trump has not only positioned himself as a supporter of cryptocurrency, but has also raised millions of dollars in campaign funds from the industry and expressed his hope that the United States will lead the world in Bitcoin and other digital assets.

It was supposed to be a cryptocurrency conference but could easily have been mistaken for a Trump rally.

At one event, vendors hawked red hats emblazoned with the slogan “Make Bitcoin Great Again,” and the audience erupted in applause when Donald Trump promised to fire Securities and Exchange Commission Chairman Gary Gensler if he returned to the White House and replace him with a regulator who loves the digital asset industry.

“I promise the Bitcoin community that the day I am sworn in, the anti-cryptocurrency movement of Joe Biden and Kamala Harris will end,” Trump said at the Bitcoin 2024 conference in Nashville on Saturday, comparing cryptocurrencies to the steel industry of a century ago. “If Bitcoin is going to go to the moon,” he added, “I want the United States to be the country leading the charge.”

The speech marked a sweeping shift in the former president's attitude toward an asset class he once viewed as a crime-ridden scam when he was in office. It also signals a growing convergence between what was once an outsider political machine and an outsider financial movement that is moving into the mainstream.

Trump spoke at the Bitcoin 2024 conference in Nashville on July 27. Trump, once a critic of cryptocurrencies, has changed his attitude since he started selling his NFTs

Conventional wisdom holds that this strategy is nothing more than a classic Trump transactional relationship. He needs votes and money in what looks set to be a tight presidential race, and he's taking advantage when the Joe Biden administration cracks down on the cryptocurrency industry.

If that's the case, then the strategy clearly worked. The cryptocurrency ecosystem’s public image is dominated by cyber warriors with deep pockets, which for Trump was fertile ground for raising tens of millions in campaign funds and a legion of passionate supporters.

His new role as a cheerleader for the industry has helped him win support from the likes of Dogecoin enthusiast Elon Musk, billionaire twins Tyler and Cameron Winklevoss, and venture capitalists Marc Andreessen and Ben Horowitz.

“As Bitcoin Conference demonstrated, President Trump wants our country to regain its position as a global leader in technology, innovation and manufacturing,” said Brian Hughes, a senior adviser to the campaign. “This includes cryptocurrencies and other industries.”

All the donations and noise coming from the cryptocurrency space did not go unnoticed by the other side. Bitcoin fans circulated a letter purportedly signed by more than two dozen Democratic lawmakers and candidates on social platform X. The letter was sent to the party’s national committee urging a softer approach to digital assets.

Despite enjoying so much new support, there is another important factor in Trump’s conversion into a believer in cryptocurrencies. Put simply, he fell in love with his own-themed non-fungible tokens (NFTs) — and the backers who bought them — and that enthusiasm has turned into widespread recognition for the entire industry, according to insiders.

Trump’s questions about the valuation of digital assets have not slowed his enthusiasm for promoting NFTs. That was made abundantly clear in May when he gave impromptu remarks at a rally at Mar-a-Lago to supporters who had purchased at least 47 digital trading cards. These pop art-style portraits of the former president include images of him dressed as cowboys, superheroes and other fantasy characters.

The NFTs cost $99 each, but Trump has publicly said whether he could sell them more expensively.

"There's a big difference between $99 and $499, $599, maybe $1,000, I don't know," he told viewers, according to a video of the event during a recess in his New York hush-money criminal trial. "But I don't want to do that. I want to keep the price the same. Now, no one is going to believe it, they're going to say 'Oh, that's bullshit' about this guy."

Not long ago, Trump himself was a critic of cryptocurrencies, accusing Bitcoin and other tokens of promoting crime and criticizing the valuations constructed from "castles in the air." But Trump changed his mind after he and his wife Melania started selling NFTs.

“Trump’s NFTs were what really introduced him to the cryptocurrency community for the first time,” said Kristin Smith, CEO of the Blockchain Association, a trade group that has been one of the liaisons between the Trump campaign and the cryptocurrency industry.

For a scandal-plagued industry facing multiple legal actions from the government, Trump’s pivot on cryptocurrencies has literally turned him into one of his NFT superheroes. And for Trump, the topic gives him another wedge with which to attack his Democratic opponents — a powerful one given the industry's enthusiasm for voting and unprecedented related fundraising.

The pro-cryptocurrency Fairshake Political Action Committee (PAC) and two joint super PACs have raised $170 million this election cycle, although they have primarily focused on congressional races and donated to both parties.

Trump’s symbiotic relationship with the industry is evident in Nashville: As cryptocurrency fans hailed a friendlier regulatory environment, Trump raised huge donations from them. He charged $844,600 for seating at one of his cryptocurrency “roundtables,” and $60,000 per person — $100,000 per couple — for a photo reception with him.

More money will be raised on Monday, when Mike Belshe, CEO of cryptocurrency firm BitGo, will host a fundraiser in Palo Alto, California.

While there are many celebrities in the cryptocurrency world who associate with Trump today, there are some lesser-known figures who also deserve credit — or blame — for guiding him into this wonderful world of digital assets.

One of them is Bill Zanker, founder of adult education company The Learning Annex and co-author of Think Big and Kick Ass. Zonker said he is a long-time friend of Trump and has arranged for Trump to be a speaker for the learning center.

Zanke said in an interview that he approached Trump about two and a half years ago and pitched him an idea: NFTs that featured artistic images of the former president. Zanke recalled that Trump was interested but didn’t want to call them NFTs.

"I want to call it a digital trading card on a computer," Zonker said Trump told him. "If you call them NFTs, people don't understand."

Then came the collapse of Sam Bankman-Fried’s FTX exchange and a spate of other industry bankruptcies in 2022 — a chain of events that left millions of victims “backpacking” and triggered a crackdown on the industry from the Biden administration.

In December 2022, Zanke went to Mar-a-Lago in what he called the "cryptic winter of winter" and asked, "Mr. President, do you still want to continue?" He said, "You know, Bill, a lot of my friends said I shouldn't do it. But I love it, let's do it."

The digital cards are released as a "MugShot Edition" and sell for $99 each.

Trump’s role in this project is anything but passive. “Every picture, he personally reviewed it,” said Bill Zanker. "He spent a lot of time on it. He loved the project and called it 'pop art.'" Zanke also added that the project inspired Trump to spend time studying cryptocurrencies and asked a lot of questions to help him understand related topics such as the Ethereum blockchain.

According to Zanke, these NFTs are so popular that each new collection sells out within hours. Then, two events were held at Mar-a-Lago, one late last year and another in May, for Trump to meet with buyers.

“He fell in love with this group of people: young, ambitious, unregulated,” Zanke said. “He was asked, ‘What do you think about cryptocurrencies?’ and he said, ‘I like it, I don’t like it all going overseas.’ Of course, that got the audience enthusiastic.”

At one point, the subject of accepting campaign donations in cryptocurrency came up, and Trump called his friends to the stage.

"'Zanke, should we accept cryptocurrency donations?'" Zanke recalled Trump asking. “I said yes. He became the crypto president.” So far, the campaign says it has raised more than $4 million in cryptocurrency donations, in addition to traditional U.S. dollar contributions from industry supporters.

The Trump Trading Card NFTs — nearly 200,000 in total, divided into three series — earned Trump and his partners more than $20 million in revenue, according to Zonker, who declined to say how the revenue was divided.

In the wake of NFT activity, the industry’s pursuit of Trump — and his pursuit of potential donors who have become rich in cryptocurrencies — continues to grow.

The next big event was in June, where Trump and his guests ate cookies and mesmerized a small group of executives from cryptocurrency miners at the Mar-a-Lago tea room. These companies own vast, high-tech data centers, conduct transactions on the blockchain, and are compensated in Bitcoin or other cryptocurrencies.

“We talked about how to engage the Bitcoin community in the political process,” said Brian Morgenstern, head of public policy at miner Riot Platforms Inc., who previously worked at the White House and Treasury Department during the Trump administration. “If you don’t engage and talk to the candidates, you can’t change policy.”

Trump is clearly very engaged. After meeting with miners, he became a full-throated cheerleader for cryptocurrencies, posting on his Truth Social platform that he wanted all remaining Bitcoins to be "Made in the USA!!!" and saying that Bitcoin mining could be "our last line of defense against central bank digital currencies."

This refers to a central bank digital currency (CBDC), financial institutions’ response to cryptocurrencies that is still in the research phase in the United States. Critics of CBDCs warn that they could be used as surveillance tools because they make it easier for government authorities to track financial flows. Of course, they also pose strong competition to cryptocurrency stablecoins that track the value of the U.S. dollar and other fiat currencies.

A Satochip cryptocurrency wallet on display at the Bitcoin 2024 conference, showing a photo taken after Trump's assassination attempt

Trump’s circle of cryptocurrency advisers is growing, as he relies on billionaire Tesla CEO Elon Musk to advise the industry. His former opponent in the Republican primary, entrepreneur Vivek Ramaswamy, also said he had discussed potential cryptocurrency policy with Trump.

On Capitol Hill, he has found some cryptocurrency believers among Republican allies. Tennessee Senator Bill Hagerty, who has emerged as one of Trump's campaign surrogates on cryptocurrency issues, attended a June meeting with miners at Mar-a-Lago and a Bitcoin conference in Nashville.

The cryptocurrency industry featured prominently at the Republican National Convention in Milwaukee earlier this month, with Wisconsin Rep. Bryan Steil participating in a blockchain panel on cryptocurrencies and Hagerty speaking out for the industry on a manufacturing panel.

“We have to get the bureaucracy back in Washington, D.C., to play by the rules, and some of the agencies that we’re seeing have exceeded their authority and created uncertainty — and uncertainty has a very negative impact on capital investment,” Hagerty said.

Just outside the secure perimeter of the Republican National Convention, supporters handed out paper fans promoting the MAGA (Make America Great Again) memecoin, a crypto project that has recruited Trump ally Roger Stone as a partner.

The fans are the latest sign that Trump and the culture surrounding him have become a major phenomenon among traders of memecoins, one of the least innovative but riskiest coins that are easy targets for pump-and-dump scams.

MAGA is the largest Trump-related meme coin, with a total market capitalization of more than $300 million, according to tracking platform CoinGecko. Although these coins have no official connection to Trump, that has not stopped their popularity.

The team at memecoin platform Pump.fun noticed that on July 13 alone, the day after Trump’s assassination attempt, more than 2,000 Trump-related tokens were created.

Of course, there are political risks with Trump being so closely tied to such a notorious asset class if another FTX-like situation arises, or if prices simply fall causing sentiment to sour.

However, having the cryptocurrency industry itself so ideologically aligned with the Republican Party could pose greater risks, according to Hilary Allen, a professor at American University Washington College of Law who focuses on financial law.

“This may alienate some users because cryptocurrency itself is a very ideological investment,” she said. “This may increase appeal to Republican users but may alienate Democratic users.”

Trump trading card site offers real rewards to NFT purchasers, including a physical trading card featuring fragments of the suit he wore during a police photo shoot in Fulton County, Georgia, on August 24, 2023

Only time will tell whether Trump wins a second term and delivers the more favorable regulatory environment the industry wants. Currently, according to betting on Polymarket, a crypto platform that allows people outside the United States to place bets on political outcomes, Trump is the most likely to win, with an implied probability of 57%.

If he wins, friendly regulators may not be his only gift to the industry.

In Nashville, Trump said he would order the government not to sell cryptocurrencies seized in criminal cases and instead use them as the basis for what he called a strategic Bitcoin reserve.

However, Bitcoin gave up its pre-speech gains after Trump did not confirm plans to order the government to buy up to 1 million Bitcoins, while his opponent Robert F. Kennedy Jr. said at a meeting on Friday that Trump may make such an announcement.

Meanwhile, even amid a busy campaign schedule, Trump is plotting the next steps for his own cryptocurrency venture.

A fourth Trump NFT series is in the works, and Zanker said he hopes it will be released in August, promising it will be the "biggest and best yet" with "a lot of surprises." (Some past purchases have included real-world rewards, like a reception at Mar-a-Lago or pieces of the suit Trump wore when he was photographed as a suspect in the Georgia election extortion case.)

"We met with him before the assassination attempt to review the artwork," Zanke said. "He would look at every picture carefully."
1 hours ago
Justice Mission 2025 Exercise: Hainan Ship Made Its First Appearance Around The Stage, Demonstrating Hard-core Combat Capabilities
In the "Justice Mission-2025" military exercise, new combat forces such as new amphibious assault ship formations, bomber formations, and drones were all unveiled. This was also the first time that the Type 075 amphibious assault ship Hainan appeared in a Taiwan encirclement exercise.

After running continuously for more than 10,000 nautical miles, this amphibious assault ship formation arrived at the designated sea area on time. It cooperated with bomber formations and anti-ship normal combat forces to carry out exercises such as ship-aircraft coordination, sea strikes, long-distance attacks, and comprehensive support. It tested the ability of integrated internal and external linkage and the ability to control the enemy from a distance with force and firepower.

Military expert Cao Weidong said that the formation's sailing distance has reached more than 10,000 nautical miles, equivalent to more than 18,000 kilometers, which shows that it has the ability to fight in long seas, from offshore to far sea.

In addition, this amphibious assault ship formation includes surface combat ships - destroyers and frigates, as well as air combat aircraft. In fact, there are some invisible combat forces, electromagnetic countermeasures capabilities and space satellite capabilities, which are the system countermeasures capabilities of "land, sea, air, space and electricity" joint operations. This long-distance attack fully demonstrated the integrated combat capabilities.

Traveling more than 10,000 nautical miles in the open sea, the ship-aircraft coordination is precise and efficient. The Hainan ship's hard-core combat capabilities are not only reflected in its calm response on the training ground, but also hidden in the careful design of every part from the deck to the cabin.

As the first amphibious assault ship of the People's Navy, the Hainan ship has similar characteristics to an aircraft carrier in appearance. For example, this straight-through deck can take off and land multiple helicopters at the same time, as well as the island bridge on the right.

The wide deck is dotted with mooring holes for attaching helicopters. Even when landing in the open sea and encountering strong winds and waves, the helicopter can park safely.

Unlike the Type 071 integrated landing ship equipped with main naval guns, the Type 075 amphibious assault ship is only armed with two "ten thousand-shot guns" and two sets of ship-to-air missiles distributed around the hull. Because it is positioned as an ocean landing base, it relies on helicopters and "Mustang" hovercraft for overland landings.

Therefore, the shipboard weapons of the Type 075 amphibious assault ship are mainly defensive in nature. Although these weapons may not seem like many, they provide an all-directional defense "protective umbrella" for the Type 075 amphibious assault ship.

In addition, the hangar of the Type 075 amphibious assault ship can not only carry multiple helicopters, but also has all-round maintenance and a certain degree of repair functions. In this way, it can also ensure that ship-based helicopters can perform various tasks during operations in distant seas.

1 hours ago
2026 Henan Physical Education College Entrance Examination: Examination Subjects, Time, Place And Instructions For Candidates
️ Detailed explanation of examination subjects and scores

This exam is divided into two parts: interview and practical test.

Interview session: Mainly conduct identity verification, height measurement, and receive the "Admittance Ticket" and related examination materials.

Practical test link: It includes four items, each with a full score of 25 points, and a total score of 100 points.

1. 100-meter run: You must use the starting blocks provided in the examination room.

2. 800-meter run: running shoes are not allowed to be worn.

3. Standing long jump

4. One-minute barbell clean and jerk: spikes are also prohibited.

Time, place and examination room management

The examination is scheduled to be held from April 9 to April 17, 2026. The examination center is located at Taiyuan University of Technology (Mingxiang Campus) (Address: No. 209 Daxue Street, Yuci District, Jinzhong City).

In order to ensure the order and safety of the examination, all examination vehicles are not allowed to enter the campus.

The examination area is under closed management. Only candidates with identification and admission tickets are allowed to enter. Parents and accompanying persons are not allowed to enter.

️Instructions and important reminders for candidates

Punctual reference: Candidates must report and take the exam on time. Late exams will not be retaken. You must confirm your identity through an identity verification device before entering the examination room.

Time adjustment: If you need to adjust the exam time due to applying for a high-level sports team or individual sports, you must go to the exam site 2 days in advance to go through the procedures.

Fees and Discipline: Candidates are responsible for their own transportation, food and accommodation expenses. You must obey on-site management, and those who disrupt the order will be severely dealt with.

Exam preparation suggestions: Candidates are advised to arrange targeted training reasonably and pay attention to avoid sports injuries.

batch

Candidate unit

Interview time

Exam time

1. Taiyuan City, Jincheng City, Lingchuan County

April 9 morning

April 10-11

2. Jincheng City (remaining counties and cities), Xinzhou City

April 9 afternoon

1.Datong City and Jinzhong City (except Pingyao, Lingshi and Jiexiu)

morning of April 11

April 12-13

2. Jinzhong City (Pingyao, Lingshi, Jiexiu), Luliang City

April 11, afternoon

1. Changzhi City, Shuozhou City, Linfen City (Yicheng, Xiangfen, Guxian, Anze, Huozhou)

morning of April 13

April 14-15

2. Linfen City (remaining counties and cities)

April 13 afternoon

1. Yangquan City, Yuncheng City (Salt Lake, Linyi, Wanrong, Wenxi, Jiangxian)

Morning of April 15th

April 16-17

2. Yuncheng City (other counties and cities)

April 15 afternoon

Download related attachments

Candidates need to download and prepare the following materials in advance:

Attachment 1:

Letter of Integrity Examination Commitment for Candidates of Shanxi Province’s 2026 Regular College and Universities Admissions Sports Major Examination

Attachment 2:

Interview arrangements for candidates of Shanxi Province’s 2026 general college admissions sports major examination by county and time period

Candidates are advised to read the attached content carefully, especially the time-scheduled interview schedule, to ensure smooth participation in the exam.

1 hours ago
Maiketian Submitted A Report To The Hong Kong Stock Exchange For The Second Time, Returning The Group's Net Profit In 2025.
| Friday, March 13, 2026 |

NO.1 Macfield’s second submission to the Hong Kong Stock Exchange

According to news from the Hong Kong Stock Exchange on March 11, Shenzhen Meiketian Biomedical Technology Co., Ltd. (hereinafter referred to as Meiketian) has submitted a listing application to the main board of the Hong Kong Stock Exchange, with Morgan Stanley and Huatai International as joint sponsors. The company submitted a prospectus to the Hong Kong Stock Exchange on September 11, 2025. According to the prospectus, McTian is a global medical device provider that can meet the clinical needs of a wide range of clinical departments, wards and clinics in medical institutions, as well as community health centers, testing institutions and home care scenarios.

Comments: Mycotian’s products cover life support, minimally invasive intervention, in vitro diagnostics and other fields, and it has significant advantages in globalization and coverage in tertiary hospitals.

NO.2 Handhui Group expects net profit in 2025 to be approximately 780 million yuan to 800 million yuan

On the evening of March 11, Handhui Group (HK02621) issued a profit warning on the Hong Kong Stock Exchange. According to the announcement, the group expects net profit to reach 780 million to 800 million yuan in 2025, turning a loss into a profit year-on-year. This is mainly due to gains from changes in the carrying amounts of financial instruments issued to investors. Adjusted net profit is expected to be 186 million to 206 million yuan, a year-on-year decrease of 36 million yuan to 56 million yuan. Although total revenue is expected to achieve positive growth, reaching 1.455 billion yuan to 1.475 billion yuan, the year-on-year increase in various costs and expenses has exceeded the growth in revenue.

Comment: Handhui Group will turn around losses in 2025 by relying on book profits from financial instruments, but its core profits will decline, revenue will increase while costs and expenses will increase at a higher rate, and the pressure on its main business still needs to be improved.

NO.3 Golden Throat expects operating income and profit to drop by 20% to 25% year-on-year in 2025

On the evening of March 11, Golden Throat (HK06896) issued a profit warning on the Hong Kong Stock Exchange. According to the announcement, for the year ending December 31, 2025, the group's expected operating income and profit will decline by between 20% and 25% compared with the same period in 2024. The decrease is mainly due to changes in the industry situation throughout 2025 and adjustments to the Group's product marketing strategies, which caused customer dealers to reduce purchases throughout 2025, resulting in a decrease in the Group's sales and profits throughout 2025.

Comment: Golden Throat's revenue and profit will both decline in 2025, mainly affected by industry changes and marketing strategy adjustments that have led to dealers' reduction in purchases, and may need to optimize channels and product structure.

NO.4 Alibaba’s version of “Pop Mart” is launched in Shanghai and Beijing

According to a report by the Science and Technology Innovation Board Daily on March 12, Alibaba-W (HK09988) has made a new move in the trendy entertainment industry. Its offline trendy entertainment collection store "LUCKY LOOP" has opened in Shanghai and Beijing in a low-key manner, marking the official penetration of the e-commerce giant into the "last mile" of trendy entertainment retail. A reporter recently visited Shanghai and found that the store is a "store-within-a-store" linked to BASEMENT FG. The store has not many people, and the doorstep prominently displays Alibaba's own IP Nooobit, Penny, and Hoya figure samples. It is expected to be online from the end of March to early April, and it will also sell popular and overseas trendy IP products such as TNT.

Comments: Alibaba has deployed offline fashion retail, relying on rich IP and e-commerce ecology, to bring new imagination space to the fashion track.

NO.5 Hong Kong stock market:

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1 hours ago
Ranking Of Universities Majoring In Finance And Economics And Introduction To The Employment Situation Of Unpopular Majors
Today, the editor of the Admissions Network has compiled relevant information on the rankings of finance majors, employment rankings of finance majors, and hopes that everyone can be better informed in this regard. List of contents of this article:

The most unpopular ranking of finance majors

The ranking of the most unpopular financial majors is as follows:

1. Insurance major

2. Sociology (economic sociology direction)

3. Taxation Admissions Network

4. Finance

5. Financial engineering

Many times, the choice of major is based on scores, and the scores at the same stage are based on nothing more than employment and interest. Popular high-segment majors such as finance, automobile manufacturing, artificial intelligence, biomedicine, etc. are very popular, but choosing the right major in the mid-segment is very important. After graduation, you must consider competing with fresh graduates from key universities, so choosing a major with the right counterpart and better resources is worthy of attention.

The Department of Insurance is committed to cultivating interdisciplinary and compound professionals who have solid basic knowledge and methods of economics, economics, and medicine, and systematically master insurance theories and methods, and are engaged in practical work and research in medical insurance and related fields in commercial insurance institutions, social medical insurance departments, various medical institutions, large enterprises and institutions, etc. This major has established a professional education curriculum system based on general education in accordance with the curriculum concept of "thick economic foundation, emphasis on medical characteristics, and strong practical ability".

Colleges and universities train students to master the basic knowledge, basic theories and basic methods of sociology, have an international perspective and awareness of national conditions, have the ability to analyze and solve social problems in connection with the actual situation of Chinese society, have the ability to communicate and self-adjust, have the ability to serve and manage society, have high theoretical literacy, strong practical and innovative abilities, and be able to provide social services in party and government agencies, education, scientific research, culture, ethnicity, religion, news and communication and other fields.

Finance university rankings

1. Renmin University of China

The overall strength of Finance at Renmin University of China is the strongest. The strength of each branch is average and the overall strength is at the top. From Huang Da in the early years to Zhou Shengye now, they are all famous figures in finance.

2. Peking University

Peking University is basically unrivaled in the country in terms of faculty. Peking University’s four major colleges, CCER, School of Economics, Guanghua, and Exchange Rate, have their own characteristics and strong strengths. Many outstanding graduates have entered top international investment banks and have great influence in the industry.

3. Wuhan University

Wuhan University's finance major has received more attention in recent years. It has good financial engineering and has excellent teachers such as Huang Xian. It is a national 985 key university. The school spirit and campus environment are very good and have its own characteristics.

4. Nankai University

Nankai University's actuarial science is the best in the country. It has established its leading position in international finance since the early days of liberation and is a "double first-class" national key university.

5. Shanghai University of Finance and Economics

The School of Finance of Shanghai University of Finance and Economics has a high reputation and great influence in the fields of financial teaching and academic research across the country. It has a strong teaching staff and a complete range of financial disciplines.

6. Fudan University

Fudan University's knowledge system is closer to the market, it is relatively new to Western knowledge, and it is more biased towards industry research. The school atmosphere is very good and there are excellent tutors.

7. Southwestern University of Finance and Economics

The finance discipline of Southwestern University of Finance and Economics is a key discipline constructed and developed during the school's "211" project, and is also a national key discipline. Money and banking is the strongest in the country, and there are many alumni in the financial system.

8. University of International Business and Economics

Formerly known as the China Institute of Finance and Economics, it is directly affiliated to the People's Bank of China. It has a strong degree of specialization and internationalization. It attaches great importance to foreign trade and the cultivation of practical capabilities.

9. Central University of Finance and Economics

Central University of Finance and Economics is one of the six major financial institutions. It has many national key disciplines. Its employment advantage lies in major state-owned banks and central enterprises, and it has great influence on students and the industry.

10. Zhongnan University of Economics and Law

Zhongnan University of Economics and Law is one of the earliest financial and investment talent training bases in New China. It is a national "double first-class" university. The school attaches great importance to finance and has an excellent team of teachers.

Reference for the above content: Baidu Encyclopedia - List of National Colleges and Universities

Employment rankings for finance majors

The editor of the Admissions Network (https://www.zhaosheng.com) also brings you relevant content on the employment rankings of finance majors.

The employment rankings for finance majors are as follows:

1. Banking and Finance majors

Banking and finance majors have always been one of the popular majors in the job market. Against the background of the rapid development of the financial industry, financial institutions such as banks, securities, insurance, and investments have a high demand for talents in this type of profession. Graduates with good financial professional knowledge and practical skills can usually find better employment opportunities in financial institutions such as large banks, securities companies, and insurance companies.

2. Accounting and auditing majors

Accounting and auditing majors play an important role in the financial field. With the rapid economic development at home and abroad, enterprises' demand for accounting and auditing continues to grow, which has led to a better employment situation for graduates of related majors. Graduates can engage in financial management, auditing, taxation and other work in accounting firms, large domestic and foreign enterprises, financial institutions, government departments and other units.

3. Financial engineering and risk management major

As financial market risks increase, employment prospects for financial engineering and risk management majors are relatively good.

These majors aim to cultivate talents with knowledge and skills in financial engineering and risk management. Graduates can work in risk measurement and control, financial derivatives design and risk management in banks, securities companies, fund companies, insurance companies and other financial institutions.

4. Financial management and investment majors

Financial management and investment majors cultivate talents with knowledge and abilities in financial analysis, investment and fund management. As companies' demand for financial analysis and fund management increases, the employment situation of these majors is relatively good. Graduates can work in financial management, investment analysis, capital planning, etc. in enterprises, financial institutions, investment companies and other units.

5. International trade and economics major

With the deepening development of economic globalization, the employment prospects of international trade and economics majors are relatively good. These majors mainly cultivate knowledge and abilities in international trade, international business and economic analysis. Graduates can engage in work in international trade, market development, multinational company operations, etc. in government departments, multinational companies, international institutions, foreign trade enterprises, and other units.

The employment ranking of finance majors is affected by many factors, including market demand, professional characteristics, etc. Generally speaking, majors in banking and finance, accounting and auditing, financial engineering and risk management, financial management and investment, and international trade and economics have better employment prospects.

These majors cultivate the knowledge and skills required in corresponding fields, and graduates can find employment opportunities in enterprises, institutions, financial institutions, etc. in related fields. However, the employment situation is also affected by changes in the macroeconomic environment and market demand. Appropriate majors should be selected comprehensively based on personal interests and development prospects.

The above is the entire content of the finance major university rankings and finance majors employment rankings brought to you by the editor of the Admissions Network. I hope it will be helpful to you! For more related articles, please visit the admissions website: www.zhaosheng.com
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