创新药迎来利好！ 另外，有报道指出，艾伯维是荣昌生物合作过的药企中市值最大的一家，根据美国《制药经理人》 （Pharm Exec）杂志公布的2025年度《全球制药企业50强》排行榜，艾伯维2024财年的处方药销售数据 高达544.84亿美元，在全球药企中排名第二，与第一名强生的差距仅约2%。 值得注意的是，昨天，中国创新药核心资产——二代IO疗法发生三件大事。一是荣昌生物重磅且超预 期BD落地；二是康方生物/Summit：AK112与美国BLA申报上市；三是三生制药/辉瑞：PF- 08634404/SSGJ-707将于2026年开展五项全球多中心Ⅲ期临床试验。有分析人士认为，二代IO赛道在全 球的竞争力值得看好。 根据荣昌生物公告，1月12日，公司与艾伯维集团控股公司（以下简称"艾伯维"）就RC148——一款新 型靶向PD-1/VEGF的双特异性抗体药物签署独家授权许可协议，本次交易总额最高为56亿美元（折合人 民币390亿元），首付款为6.5亿美元。 受此带动，今天创新药成为市场主角。荣昌生物A股20%涨停，港股创新药ETF上涨超3%。A股创新药 板块上涨超2.7%。诺思格（301333）、普蕊斯（3012 ...

Group 1 - The article discusses Guangzhou's initiative to promote high-quality development in the integrated circuit industry, aligning with national strategies [1] - The city aims to secure support from national and provincial integrated circuit industry development funds for major project construction [1] - Financial institutions are encouraged to support project construction and enterprise operations through various financing methods, including bank credit and leasing [1] Group 2 - There is a focus on accelerating the design of high-end general-purpose chips, including processors, storage chips, and edge computing chips [2] - The development of specialized chips such as RISC-V, automotive-grade, display drivers, sensors, optical communication, and 6G is actively supported [2] - Subsidies of up to 50% of the wafer fabrication costs are offered to qualifying enterprises for chips with independent intellectual property rights at 28nm or below [2]

美国国会议员：共和党普遍反对调查少数持观望态度 调查公布后，国会共和党方面反对声浪持续高涨，多位关键议员明确表达不满并采取相应立场，仅少数 议员持观望态度。 参议院银行委员会成员、北卡罗来纳州共和党参议员汤姆.蒂利斯率先表态，在调查得出结果前，将阻 止任何美联储提名候选人的推进。这一立场得到多名共和党议员呼应，而参议院银行委员会由13名共和 党议员和11名民主党议员组成，只要有一名共和党议员倒戈，就可能导致提名陷入僵局，给特朗普计划 替换鲍威尔的意图带来阻碍。 阿拉斯加州共和党参议员莉萨.穆尔科斯基在社交平台X上发文抨击，称"政府的这一调查纯粹是胁迫行 为"，呼吁国会对司法部展开调查。她强调，项目成本超支并不罕见，美联储的独立性至关重要，一旦 失去，市场稳定和整体经济都将受影响，支持蒂利斯在事件解决前阻止所有美联储提名的做法。 美国司法部对美联储主席杰罗姆.鲍威尔发起刑事调查一事持续发酵，调查聚焦其对美联储总部翻新工 程的处理及相关国会证词。 此举被鲍威尔直指为因降息节奏未达总统特朗普预期而发起的恐吓与报复。周一，该事件引发美国国会 议员、华尔街投资机构及美联储和财政部前官员的广泛关注与强烈反应，美联储独立性 ...

Group 1: Market Overview - The A-share market experienced slight fluctuations on January 13, with the Shanghai Composite Index oscillating more than 10 times between red and green, while the Shenzhen Component Index adjusted after reaching a four-year high [1] - Major blue-chip stocks performed well, with the Shanghai 50 and CSI 300 both slightly up and reaching multi-year highs, indicating a trend of increasing trading volume [1] Group 2: Sector Performance - The artificial intelligence sector saw a significant surge, with multiple stocks, including Tianlong Group (300063), hitting the daily limit of 20% for three consecutive days [6] - Other sectors such as pharmaceuticals, non-ferrous metals, and agricultural chemicals also showed strong gains, while sectors like defense, quantum technology, and wind power equipment faced declines [3] Group 3: Lithium Market Dynamics - Lithium mining stocks experienced a collective surge, with Xizang Zhuofeng (600338) hitting the daily limit, and other companies like Ganfeng Lithium and Tianqi Lithium also seeing substantial increases [3] - The price of lithium carbonate futures on the Shanghai Futures Exchange surpassed 170,000 yuan per ton, marking a 12% increase and a second consecutive day of limit-up trading [3] Group 4: AI Sector Insights - The AI sector remains active, with various sub-sectors such as DeepSeek and AIGC reaching historical highs, and over 50 stocks experiencing limit-up or gains exceeding 10% [6] - The Ministry of Industry and Information Technology emphasized the importance of integrating AI with manufacturing, aiming to enhance the intelligent upgrade of the manufacturing sector [8] Group 5: Pharmaceutical Sector Developments - The pharmaceutical and biotechnology sectors showed robust performance, with the medical services segment leading the gains, and several stocks, including Dian Diagnostics, hitting the daily limit of 20% [9] - The approval of innovative drugs in China reached a record high, with 76 new drugs approved in 2025, significantly surpassing the previous year's figures [10] - Companies like WuXi AppTec projected a net profit of 19.15 billion yuan for 2025, reflecting a year-on-year growth of 102.65% due to their focus on integrated CRDMO services [10]

消息面上，据央视新闻报道，美国官员当地时间1月12日称，美国总统特朗普正在寻求通过外交途径应对 伊朗局势的可能性，同时也在权衡是否对伊朗采取军事打击。 美国官员称，五角大楼正向特朗普提供比此前披露更广泛的军事选项，包括针对伊朗核项目和弹道导弹 设施的打击，范围可能超出去年6月美军对相关目标实施的空袭。但美国官员同时表示，更有可能被考虑 的是较为有限的选项，例如发动网络攻击，或对伊朗国内安全机构实施定点打击。 白宫新闻秘书莱维特称，空袭只是"众多选项之一"，外交始终是特朗普的首选。 在1月12日大涨并创下新高后，1月13日国际黄金盘中急跌，现货黄金跌破4600美元/盎司。 特朗普11日说，伊朗方面已与美国政府官员接触并提议进行谈判，"会议正在安排中"。同时，美国正在考 虑应对伊朗局势的一系列措施，包括军事行动等"一些非常强硬的选项"。伊朗外长阿拉格齐12日表示， 伊朗准备在"相互尊重"的基础上同美国进行谈判，但同时已做好战争准备。 综合自央视新闻 责任编辑：宋雅芳 在1月12日大涨并创下新高后，1月13日国际黄金盘中急跌，现货黄金跌破4600美元/盎司。 消息面上，据央视新闻报道，美国官员当地时间1月12日称， ...

杭萧钢构盘中涨停，已连收4个涨停板，截至9:25，该股报4.36元，换手率0.30%，成交量721.67万股， 成交金额3146.50万元，涨停板封单金额为13.54亿元。连续涨停期间，该股累计上涨46.80%，累计换手 率为5.34%。最新A股总市值达103.29亿元。 证券时报·数据宝统计，两融数据来看，该股最新(1月12日)两融余额为2.54亿元，其中，融资余额2.52亿 元，较前一个交易日减少5.57万元，环比下降0.02%，近4日累计增加787.06万元，环比增长3.22%。 龙虎榜数据显示，该股因连续三个交易日内，涨幅偏离值累计达20%、日涨幅偏离值达7%上榜龙虎榜1 次，买卖居前营业部中，营业部席位合计净买入4021.69万元。 近日该股表现 日期当日涨跌幅(%)换手率(%)主力资金净流入(万元) 2026.01.12 10.00 0.76 4383.20 2026.01.08 10.10 3.14 11301.02 2026.01.07 2.41 5.81 2924.24 2026.01.06 0.35 4.08 -1270.30 2026.01.05 -2.69 5.37 -3764.17 ...

Group 1 - The article discusses Guangzhou's initiative to promote high-quality development in the integrated circuit industry, aligning with national strategies [1] - The city aims to secure support from national and provincial integrated circuit industry development funds for major project construction [1] - Financial institutions are encouraged to support project construction and enterprise operations through bank credit and financing leasing [1] Group 2 - There is a focus on accelerating the design of high-end general-purpose chips, including processors, storage chips, and edge computing chips [2] - The development of specialized chips such as RISC-V, automotive-grade, display drivers, sensors, optical communication, and 6G is actively supported [2] - Subsidies of up to 50% of the wafer costs are offered for companies meeting specific criteria for self-owned intellectual property in 28nm and below chips [2]

日期当日涨跌幅(%)换手率(%)主力资金净流入(万元) 2026.01.12 5.00 0.36 306.31 2026.01.09 3.86 3.60 -749.81 2026.01.08 5.03 0.55 1024.69 2026.01.07 4.99 1.45 1300.97 2026.01.06 -1.30 2.17 -3094.21 *ST景峰再度涨停，5个交易日内录得4个涨停，累计涨幅为26.28%，累计换手率为6.09%。截至9:25， 该股今日成交量120.92万股，成交金额1039.91万元，换手率0.14%。最新A股总市值达75.66亿元。 龙虎榜数据显示，该股因连续三个交易日内，收盘价涨幅偏离值累计达到12%的ST证券、*ST证券上榜 龙虎榜1次，买卖居前营业部中，机构净卖出30.82万元，营业部席位合计净买入1114.16万元。 据天眼查APP显示，湖南景峰医药股份有限公司成立于1998年12月18日，注册资本87977.4351万人民 币。 2026.01.05 -4.03 2.65 -2911.22 2025.12.31 -1.24 1.04 -772.92 2025.12.30 ...

Core Insights - DeepSeek released a new paper titled "Conditional Memory via Scalable Lookup: A New Axis of Sparsity for Large Language Models" on the evening of the 12th [1] - The paper was co-authored by Peking University and DeepSeek, with Liang Wenfeng listed as a co-author [1] - The concept of conditional memory is introduced, which significantly enhances model performance in knowledge retrieval, reasoning, coding, and mathematical tasks under equal parameters and computational conditions [1] - DeepSeek has also open-sourced a related memory module named Engram [1] Company and Industry Summary - The collaboration between DeepSeek and Peking University highlights the growing trend of partnerships between academia and industry in advancing AI technologies [1] - The introduction of scalable lookup structures in large language models represents a significant innovation in the field, potentially leading to improved efficiency and effectiveness in AI applications [1] - The open-sourcing of the Engram memory module may encourage further research and development in conditional memory systems, fostering a more collaborative environment in AI advancements [1]

证券时报记者 孙宪超 在市场需求持续萎缩、供需矛盾凸显的背景下，水泥行业正迎来以产能置换为核心的深度变革。近期， 多省份密集公示水泥企业的补充产能置换方案，既是对国家层面产能管控政策的落地响应，也是行业告 别无序超产、迈向合规化高质量发展的重要信号。 从产能置换的区域流动与企业分化，到价格走势的阶段性调整，国内水泥行业正处于增量市场向存量市 场过渡的深度调整期，政策引导与市场竞争的双重力量，正重塑行业格局与发展路径。 水泥行业产能置换政策持续收紧，不仅加速了行业优胜劣汰，更进一步加剧了区域发展分化。侯林林表 示，结合各区域置换指标流转数据来看，本次合规化补充产能进程中，区域间产能指标转移呈现出清晰 的"由北向南、由西向东"特征，资源向优势区域集聚的态势显著。 不过，业界认为，考虑到水泥行业正处于深度调整期，对于2026年水泥价格、企业盈利水平仍然不能过 于乐观。 多地公示水泥产能置换方案 近期，水泥行业产能置换进程加速推进，多省份密集发布辖区内水泥企业补充产能置换方案公示及公 告。 1月8日，浙江省经济和信息化厅公布常山南方水泥有限公司水泥熟料生产线补充产能置换方案。 1月7日，山东省工业和信息化厅公布了冀东 ...