Core Insights - The ETF market has shown significant performance in technology growth styles, particularly in sectors like brain-computer interfaces, AI applications, commercial aerospace, and semiconductors, with notable market profitability [1][2]. Group 1: Commercial Aerospace ETFs - The commercial aerospace theme ETF, specifically the Yongying National Satellite Communication Industry ETF (159206.SZ), saw a net inflow of 35.89 billion yuan, leading the market in ETF fund inflows [2]. - The Zhaoshang Zhongzheng Satellite Industry ETF (159218.SZ) recorded a net inflow of 13.79 billion yuan, tracking the satellite industry index with major components including China Satellite and Aerospace Electronics [2]. - The funding logic is driven by policy catalysts, technological breakthroughs, and order placements, indicating a high prosperity cycle for the sector [2]. Group 2: Brain-Computer Interface ETFs - The Yongying Zhongzheng All-Index Medical Device ETF (159883.SZ) experienced a net inflow of 14.41 billion yuan, with over 23% of its components related to brain-computer interfaces [2]. - The funding logic is supported by announcements from Neuralink regarding large-scale production of brain-computer interface devices and the inclusion of brain-computer interfaces in China's 14th Five-Year Plan [2]. Group 3: AI Application ETFs - The GF Zhongzheng Media ETF (512980.SH) saw a net inflow of 8.73 billion yuan, focusing on gaming applications related to brain-computer interfaces [3]. - The Huaxia Zhongzheng Animation Game ETF (159869.SZ) also reported a net inflow of 8.23 billion yuan, benefiting from AI cost reduction and efficiency improvements [3]. Group 4: Semiconductor ETFs - The Guotai Zhongzheng Semiconductor Material Equipment Theme ETF (159516.SZ) had a net inflow of 23.18 billion yuan, focusing on AI computing power upstream core targets [4]. - There is a structural differentiation within the semiconductor theme ETFs, with inflows into material equipment and outflows from chip sectors [3]. Group 5: Overall ETF Market Trends - The industry theme ETFs had a net inflow of 138.27 billion yuan over the past week, while broad-based index ETFs experienced a significant net outflow of 129.01 billion yuan, indicating a preference for sector-specific investments [5][9]. - The market is witnessing a divergence in valuations, with major broad-based indices at historical highs while certain sectors, like Hong Kong stocks, are attracting inflows due to lower valuations [7][9].

Group 1 - The banking sector received significant attention from main funds, with a net inflow of 4.298 billion yuan during the week from January 5 to January 9 [1] - The media, oil and petrochemical, and coal sectors also attracted main fund investments [1] - The electronics sector faced substantial selling pressure, with over 26 billion yuan in net outflows [1] Group 2 - Among individual stocks, XianDao Intelligent saw the highest net inflow of 1.216 billion yuan, with a weekly increase of 16.85% [1] - YunNan ZheYe and BOE Technology Group also experienced notable net inflows of 1.071 billion yuan and 1.068 billion yuan, respectively [1] - In contrast, ZhongJi XuChuang, XinYiSheng, and LiXun Precision faced significant net outflows of 8.243 billion yuan, 5.632 billion yuan, and 3.866 billion yuan, respectively [1]

Group 1 - Institutional investors have shown interest in 41 stocks this week, with 6 stocks receiving target prices [1] - Kelu Electronics received an "Outperform" rating from Guosen Securities, with a target price of 9.70 to 10.10 CNY, while the latest closing price was 8.13 CNY [1] - Lepu Medical was rated "Overweight" by Guojin Securities, with a target price of 21.00 CNY, and the latest closing price was 19.45 CNY [1] Group 2 - Mcland received a "Buy" rating from Everbright Securities, with a target price of 56.65 CNY, and the latest closing price was 53.24 CNY [1] - Other stocks such as China Merchants Bank, Weidao Nano, and Zhongtong Bus also received initial attention from institutions this week [1]

Wind数据显示，机构本周（1月5日至1月9日）共调研了134家上市公司，其中熵基科技最获关注，参与 调研的机构为218家。超捷股份、广联航空、成都先导分别获109家、79家、69家机构调研。 从调研行业来看，机构持续聚焦工业机械、电子设备和仪器、电子元件等板块。 据统计，博盈特焊获机构调研4次，冰轮环境、超捷股份获调研3次。 ...

伊朗货币贬值，让本已艰难的民生雪上加霜。 2026年的"炸裂"开局还在持续，继委内瑞拉之后，伊朗也陷入动荡，激烈程度多年未有。 据新华社报道，近期，伊朗因物价上涨和货币贬值爆发大规模示威活动，蔓延到多地并造成人员伤亡。分析人士 认为，内外压力叠加下，其局势走向将成为牵动中东格局的重要变量。 从当地时间1月8日晚间开始的全国"断网"还在持续，很多伊朗周边国家也表示已暂停往来伊朗的航班，这让外界 了解伊朗的动态变得更加困难。伊朗最高领袖哈梅内伊和军方表示伊朗将采取"果断"行动，平息动荡。属于改革 派的总统佩泽希齐扬则表示，正全力通过根除腐败来改善民生。 上海外国语大学中东研究所副教授韩建伟向第一财经记者表示，此轮抗议由民生问题引发，加之外部势力的影 响，已经发展成政治运动。总体而言，伊朗政府目前依然对国内局势保持掌控力，未来美国和以色列的干涉或将 成为主要变量。 2025年12月28日，德黑兰大巴扎市场的商户集体闭店休市，开始抗议。货币贬值对百姓的购买力打击很大，进而 造成很多商店经营困难，在伊朗全国各地，也有很多巴扎商人加入抗议行列。 巴扎商人参与抗议具有指标性的意义。巴扎商人在伊朗传统社会中是经济中心的角色， ...

2026年有色金属延续2025年的飙涨行情，当前位置到底高不高？ "未来，越来越多的美国白领月收入，可能还比不上一吨铜的价值。"这是国金证券首席策略官牟一凌于 1月9日在2026博时基金投资策略会上提到的。 无独有偶，看好有色金属长期走势的还有平安基金基金经理王华，他于7日在平安基金2026年投资策略 会上抛出观点，今年的电解铝，就是2022年的煤炭。 中信建投期货有色首席分析师江露近日也公开表示，海内外宏观宽松共振叠加供需缺口持续，2026年仍 是商品大年，有色板块或持续上涨趋势。 然而，在市场热度节节攀升的同时，当前的有色板块，位置到底高不高？机构集体唱多的背后，是产业 逻辑的坚实支撑，还是又一次高位扎堆的风险预演？ 牟一凌会上分析称，AI基建对全球的冲击将远超新能源，利率下行、投资放量，同步撬动金属与能源 需求；中国的受益链条正由光模块、PCB向电力设备、储能及更广制造业扩散。主要机会集中在工业资 源品，包括铜、铝、锡、锂、原油及油运。 牟一凌还提到，全球电力建设提速也进一步提振铜、铝、钢材直接需求。IEA预计2026年用电量增速继 续高于GDP，而2025年电源投资已再次快于电网，电网"欠账"明显，2 ...

第一财经记者下载该款APP后发现，该款产品界面简洁、功能单一，甚至无需输入个人电话号码等信息 进行注册。只需要填写个人ID名称与一个紧急联系人邮箱，若两日未能连续签到，系统将以该ID的名 义通过邮件通知紧急联系人。 【#死了么app下载价格从1元涨至8元#，#死了么曾被苹果AppStore多次清榜#】近日，一款宣称通过技 术与服务守护独居者平安的应用"死了么"火了。1月10日，该应用冲至苹果AppStore付费下载榜第一； 11日，官方将APP下载价格从1元调整至8元。 对于近期热度与价格调整，"死了么APP"官方微博账号今日发文回应称：团队由三名95后共同创立并独 立运营；接下来，团队将把主要精力投入到产品打磨中，如丰富短信提醒功能、考虑增加留言功能，并 探索推出更适老化的新产品；为了让项目能够健康、持续地发展，并覆盖日益增长的短信、服务器等成 本，遂基于成本推出8元付费方案。 ...

Core Viewpoint - The discussion at the "2026 China Chief Economist Forum" highlighted the evolving dynamics of the dollar and the yuan amidst increasing global economic uncertainty, with a focus on the potential structural changes in the international monetary system [1] Group 1: Dollar Outlook - Experts believe that the dollar remains resilient but faces a gradual decline in its long-term dominance [1] - The current pressures on dollar credibility are significant, indicating a potential shift in its role in the global economy [1] Group 2: Yuan Prospects - The yuan is expected to appreciate moderately under controlled conditions, reflecting a cautious optimism about its future [1] - The discussions suggest that the yuan's rise could contribute to a more diversified international monetary landscape [1] Group 3: Global Monetary System - The future international monetary system may evolve towards a more multipolar structure, reducing reliance on a single currency [1] - This potential shift indicates a broader trend in the global economy, where multiple currencies could play more significant roles [1]

Group 1 - The core viewpoint of the news is the promotion of the integration of artificial intelligence (AI) with the manufacturing industry, aiming to accelerate the intelligent transformation of manufacturing and enhance economic growth through AI technology [1][2][4]. - The Ministry of Industry and Information Technology (MIIT) and eight other departments have issued the "Implementation Opinions on the Special Action of 'AI + Manufacturing'," which outlines seven key tasks to promote the dual empowerment of AI technology and manufacturing applications [1][2]. - By 2028, the goal is to have at least 50,000 enterprises implement "AI + Industrial Internet" upgrades, significantly improving the integration level of industrial internet and AI [1][6]. Group 2 - The "Implementation Opinions" aim to drive the deep application of 3 to 5 general large models in manufacturing by 2027, creating specialized industry models and promoting 500 typical application scenarios [2][3]. - The focus is on fostering 2 to 3 globally influential leading enterprises and a batch of specialized small and medium-sized enterprises, while establishing a global leading open-source ecosystem [2][3]. - Specific measures include promoting the development of intelligent chips, supporting breakthroughs in key technologies, and enhancing the safety governance capabilities of AI [3][4]. Group 3 - The industrial internet is identified as a crucial carrier for the integration of AI and manufacturing, with plans to expand new industrial networks to meet the demands of AI applications [6][7]. - The MIIT emphasizes that AI is transitioning from being an auxiliary tool to becoming a core engine for industrial internet, enhancing real-time optimization and intelligent scheduling capabilities [7][8]. - Local governments are actively formulating their own "AI +" plans to drive high-quality development across various industries, with specific targets for manufacturing enterprises and AI core industry growth [8][9].

细究一系列重大判断，似乎均缺乏数据、事实或理论的支持。 2025年，人民币汇率（如非特指，本文均指人民币对美元汇率）终结了过去三年跌多涨少的行情，逆势 走强。尤其是自去年11月底起加速升值，到年底境内外交易价先后升破7。一时间，结汇潮、重估之 旅、新周期之说等又甚嚣尘上。有外资投行提出，人民币汇率结构性低估，并直言人民币升值是2026 年"最高确信度"的交易。国内也有人呼应，人民币汇率重估将推动中国资产重估。然而，细究上述一系 列重大判断，似乎均缺乏数据、事实或理论的支持。 结汇潮迄今尚缺乏数据支持 2023年7月至2025年2月，人民币汇率总体承压。除2024年8~10月外，其他月份衡量境内主要外汇供求 关系的银行即远期（含期权）结售汇（下称"银行结售汇"）均为逆差。2025年3月起，银行结售汇转为 持续顺差，人民币升值迹象逐步显现，到11月累计顺差2733亿美元。同期，银行代客人民币涉外收付累 计净流出1115亿美元。鉴于涉外人民币外流后部分将通过跨境人民币清算渠道到境内银行间市场购汇平 盘，不纳入银行结售汇统计，故境内外汇实际供过于求缺口小于结售汇顺差。其中，11月份，结售汇顺 差297亿美元，环比仅增 ...