顺周期与新质生产力的共识具备基本面支撑。其中，有色金属、化工等资源类板块，以及机械、建材等 中游制造板块，受益于供需格局重构与政策支持，已成为资金配置的主线；半导体、高端制造、AI算 力等硬科技领域，作为新质生产力的长期增长引擎，也持续获得市场青睐；而低估值高股息资产则在政 策与资金面双重推动下受到关注——2026年初以来，险资、理财子等长期资金加快入市，叠加投资者对 稳健收益的偏好，进一步巩固了其估值支撑。 21世纪经济报道记者崔文静实习生张长荣 近日，北京大学博雅特聘教授田轩在接受21世纪经济报道专访时指出，投资者需理性看待市场共识。 田轩表示，当前A股市场已形成了三大核心共识，分别是顺周期板块的盈利修复、新质生产力的快速发 展，以及低估值高股息资产配置价值的提升。 不过他强调，投资者仍需理性看待这些共识。从长期视角看，顺周期板块应重点关注盈利可持续性、需 求端回暖态势、政策落地时效及行业景气拐点，避免将短期数据改善简单外推为长期趋势；新质生产力 板块内部分化明显，需仔细甄别企业的技术突破节奏与商业化能力，警惕概念炒作与业绩兑现之间的脱 节；低估值高股息资产虽具防御属性，但通常盈利增速较慢、股价弹性有限， ...

Core Viewpoint - Tianyuan Pet announced the approval of a proposal to use part of its temporarily idle raised funds for cash management, with a maximum amount not exceeding RMB 600 million [1] Group 1: Fund Management - The company plans to invest in cash management products that are highly secure, have good liquidity, and are principal-protected, with investment periods not exceeding 12 months [1] - The approved amount for cash management is valid for 12 months from the date of the board's approval, and the purchased investment products must also have a duration of no more than 12 months [1] - The use of these funds will not affect the progress of the investment projects funded by the raised capital or the company's normal production and operations [1]

俄罗斯与APEC经济体的互动，远不止于人文领域。马拉特别尔德耶夫告诉21世纪经济报道记者， APEC经济体在俄罗斯对外整体贸易额的占比已经很高，俄罗斯还在努力建立相关机制。此前，俄罗斯 所在的欧亚经济联盟已经与越南达成了自贸协定，2025年12月，欧亚经济联盟再和印尼签署自贸协定， 俄罗斯正在扩大与APEC经济体的关系。 在与中国的经贸互动上，马拉特别尔德耶夫谈道，中俄在数字经济、能源、关键矿产资源、农业等方面 都有广阔的合作前景，比如在核能方面，目前全球在建的核电站大部分都位于中国和俄罗斯，预示双方 可在该领域开展合作；农业方面，俄罗斯在2025年中国鸡肉产品的贸易额中位居第一。 中俄进入双向免签时代后，人文交流的热度几何？ 近日，专程赴广州参加APEC高官会的俄罗斯亚太经合组织高级官员马拉特别尔德耶夫大使(Ambassador Marat Berdyev)亲身体会到了俄罗斯人来华的热情，"我是从俄罗斯坐飞机来的，那是一架很大的飞机， 里面座无虚席。我希望以后还能以游客、商人、政府官员的身份再次到访中国，看看我们如何能深化和 中国的合作。"他笑着和在场记者谈到。 南方财经21世纪经济报道记者赖镇桃广州报道 ...

南财智讯2月9日电，ST中珠公告，公司董事会于2026年2月9日收到董事刘会平先生送达的书面辞职报 告。刘会平先生因个人原因，申请辞去公司董事及提名委员会委员职务。 ...

南财智讯2月9日电，ST中珠公告，持股5%以上股东深圳市中盛源企业管理中心（有限合伙）因自身资 金需求，拟通过集中竞价和大宗交易方式合计减持公司股份不超过5978.61万股，占公司总股本比例不 超过3%。其中，集中竞价方式减持不超过1992.87万股，大宗交易方式减持不超过3985.74万股。减持期 间为2026年3月11日至2026年6月10日。 ...

Core Viewpoint - The company has approved a proposal to use up to 180 million yuan of temporarily idle raised funds for cash management, focusing on low-risk, high-security investment products [1] Group 1: Proposal Details - The board meeting will be held on February 9, 2026, to review the proposal for cash management [1] - The approved amount for cash management is not to exceed 180 million yuan, which includes over-raised funds [1] - The investment products will include structured deposits, time deposits, financial institution income certificates, notice deposits, and large-denomination certificates of deposit [1] Group 2: Investment Strategy - The selected investment products are characterized by high safety, good liquidity, and low risk [1] - The effective period for the cash management strategy is 12 months from the date of approval by the first extraordinary general meeting of shareholders in 2026 [1] - The funds can be rolled over within the approved limit without affecting the progress of the raised funds investment projects and the company's normal production and operations [1]

Core Viewpoint - The price increase of NAND flash memory is driven by the rising demand from AI applications, particularly in large-scale inference processes, leading to significant upward revisions in price forecasts by market research firms [1][2][3]. Group 1: Price Forecasts and Market Trends - Samsung Electronics raised NAND flash contract prices by over 100% in January, prompting multiple market research firms to revise their price forecasts upward [1]. - TrendForce increased its first-quarter NAND flash price growth forecast from 33-38% to 55-60%, indicating potential for further upward adjustments [1]. - Counterpoint predicts NAND flash prices will rise by over 40% in the current quarter [1]. Group 2: AI Demand and Storage Architecture - The surge in NAND flash demand is primarily attributed to AI applications, particularly in retrieval-augmented generation (RAG) which enhances the accuracy of large language models [1][2]. - The transition from training to large-scale inference in generative AI has led to increased demand for NAND flash, as systems require high-speed access to vast amounts of data [2][3]. - The need for high-frequency access to context data during inference has resulted in a shift towards a storage architecture that includes HBM, DRAM, and NAND [3]. Group 3: Supply Constraints and Future Outlook - The global NAND flash production capacity is concentrated among a few major players, including Samsung, SK Hynix, and Micron, with investments in NAND lagging behind HBM and advanced DRAM [4][5]. - Morgan Stanley forecasts a 40% year-over-year increase in average NAND sales prices by 2026, with only a slight decline expected in 2027 [5]. - The introduction of High Bandwidth Flash (HBF) aims to address the limitations of traditional NAND SSDs, providing higher bandwidth and capacity suitable for AI inference applications [5][6]. Group 4: Technological Advancements - HBF combines 3D NAND flash with high-bandwidth interface technology, offering 8 to 16 times the capacity of traditional HBM, making it a competitive solution for AI applications [5][6]. - The industry is moving towards a multi-layer architecture of "DRAM cache + HBF acceleration + NAND mass storage," which is expected to alleviate supply-demand imbalances and drive growth [6].

南财智讯2月9日电，山推股份在投资者关系活动中表示，公司零部件产品主要包括履带底盘件及传动部 件：履带底盘件包括履带总成、"四轮"（即托轮、链轮、支重轮和引导轮）及张紧装置总成、整体底盘 总成等3大类别产品；传动部件包括变矩器和变速箱，变矩器产品涵盖20余个型号、100多种规格，变速 箱产品包括定轴式和行星式两大类产品。 ...

南财智讯2月9日电，山推股份在投资者关系活动中表示，公司作为整车整机企业，与集团动力总成企 业"一体化协同"研发，积极挖掘并互相提出研发协同需求，共同研究市场、技术和产品，共同做好产品 的策划、研发和应用，共同打造出具有差异化竞争优势的产品组合。 ...

2月8日晚，花花（歌手华晨宇）在演唱会现场发布一则重磅消息： "我们在一个四季如春的地方拿下了三块地，我们以前'乐园'是到一个城市、找一个地方、租一块 地，'2.0'版本我们要在这里打造专属于我们火星的家园，有吃有喝有玩，甚至还有我们温暖的房 子。"华晨宇说。 尽管他当时并未直接说出具体地名，但放眼全国，能匹配"四季如春"的城市并不多。一个线索是，去年 12月，一家名为"云南温暖的房子文化旅游有限公司"的企业已完成注册，地址位于云南省玉溪市澄江市 右所镇马房村。 "温暖的房子"与华晨宇一首歌曲同名，这家公司由华晨宇持股99%的上海圣恒鸿音文化传播有限公司与 长期主办"火星演唱会"的北京亚美时代文化传媒有限公司共同持股。 2月9日，21城市观从澄江市投资促进局独家获悉，当地已启动土地平整工作。"我们非常期待这个项目 落地。"相关人士表示。21城市观还获悉，在项目前期招引过程中，澄江市主要领导曾亲自参与推动。 澄江市文旅局则回应21城市观：关于该项目的具体信息，一切以华晨宇公司官方宣布为准。 此外，澄江市右所镇马房村的重要经营主体之一——玉溪环美山水文化旅游发展有限公司也对21城市观 透露，可能会在春节后对此事进 ...