为加强新能源汽车废旧动力电池回收和综合利用全链条监督管理，构建规范、安全、高效回收利用体 系，1月16日，工业和信息化部、国家发展改革委、生态环境部、交通运输部、商务部、市场监管总局 六部门发布消息称，已于近日联合印发《新能源汽车废旧动力电池回收和综合利用管理暂行办法》（下 称《管理办法》）。 《管理办法》自2026年4月1日起施行，同时废止4项原有相关规定，为新能源汽车及动力电池行业发展 提供全新制度遵循。 工业和信息化部节能与综合利用司司长王鹏表示，近年来，随着新能源汽车产业快速发展，新能源汽车 动力电池进入规模化退役阶段，需要进一步规范废旧动力电池回收和综合利用活动。《管理办法》坚持 问题导向，聚焦废旧动力电池回收、综合利用以及相关活动，重点加强了动力电池信息溯源管理、回收 管理以及废旧动力电池的综合利用管理，并明确了监督管理和法律责任。 值得关注的是，《管理办法》明确不再采用"梯次利用"概念，这意味着拆解废旧动力电池生产出来的产 品，必须符合所在领域的质量标准要求。 六部门出手。 具体来看，《管理办法》旨在全渠道抓好电池生产、车辆报废、换电运营、维修更换等各类废旧动力电 池产生源头的规范管理，重点设计 ...

又有个股走出"地天板"走势。 A股市场今天(1月16日)上午窄幅震荡，电子板块领涨，成为上午市场主要亮点之一，该板块多股涨停或涨幅超过10%。 汽车、机械设备、家用电脑等板块涨幅居前。 传媒板块领跌，板块盘中跌幅超过5%，引力传媒（603598）、新华网（603888）、新华都（002264）、天下秀（600556）等多股 跌停。 计算机、石油石化等板块跌幅居前。 新股科马材料大涨 今天A股市场有一只新股上市，为科马材料，上午盘中该股涨幅一度超过500%。 热门个股方面，近期商业航天板块的大牛股*ST铖昌（001270）今日开盘跌停，随后1分钟内强势拉升涨停，走出"地天板"走势。 港股市场恒生指数今天上午明显高开，后收窄涨幅。港股通标的股中，德林控股大涨，盘中涨幅超过26%。 A股电子板块领涨 A股市场今天上午窄幅震荡，主要指数波动幅度不大。截至中午收盘，上证指数下跌0.22%，深证成指下跌0.10%，创业板指下跌 0.01%。 行业板块方面，若按照申万一级行业划分，电子板块领涨，板块盘中涨幅超过2%，该板块中包含多只芯片股。天岳先进盘 中"20cm"涨停，派瑞股份（300831）、科翔股份（300903）、 ...

Group 1 - The core point of the news is the significant drop in lithium carbonate futures prices, with the main contract for May 2026 reaching 146,200 yuan per ton, hitting the daily limit down with a decline of 8.99% [1][2] - Major lithium-related stocks, including Tianqi Lithium and Ganfeng Lithium, experienced declines in their share prices, reflecting the impact of falling lithium carbonate prices on the market [1][3] - The trading volume for the main contract was reported at 340,600 lots, indicating active market participation despite the price drop [2] Group 2 - Tianqi Lithium's stock price decreased by 2.87% to 59.56 yuan, with a net outflow of 175 million yuan [3] - Ganfeng Lithium's stock price fell by 2.56% to 70.16 yuan, with a net outflow of 227 million yuan [3] - Other related stocks, such as Jiangte Motor and Tibet Mining, also saw declines in their stock prices, indicating a broader negative sentiment in the lithium sector [3]

Market Overview - Major indices opened higher but the Shanghai Composite Index turned negative. The power equipment and electronics sectors showed significant gains [1]. - The State Grid Corporation announced a record fixed asset investment of 4 trillion yuan during the 14th Five-Year Plan period, a 40% increase compared to the previous plan [1]. Sector Performance - The semiconductor sector saw strong performance, with stocks like Pirey Co., Chip Source Micro, and Tianyue Advanced rising over 10% [2]. - The storage chip concept was robust, with stocks such as Jingce Electronics, Blue Arrow Electronics, and Baiwei Storage leading the gains [3]. Individual Stock Highlights - *ST Chengchang resumed trading and quickly hit the daily limit, marking 11 consecutive limit-up days. The company indicated that the commercial aerospace sector is still in its early stages, with uncertainties in satellite launches [4]. - Tian Sheng New Materials approached the daily limit after resuming trading, planning a private placement that would change its controlling shareholder [4]. - Zhi Te New Materials experienced a significant drop of over 19% after a rapid increase in stock price, indicating market overheating and a lack of involvement in AI or aerospace sectors [6]. New Listings and Financing - N Kema opened with a price increase of over 300%, focusing on the development and production of friction materials [7]. - Hengyun Chang initiated a public offering of 16.93 million shares at a price of 92.18 yuan, with a price-to-earnings ratio of 48.39 [8]. - As of January 15, the market's financing balance reached 2.70124 trillion yuan, marking a continuous increase over nine trading days, with notable net purchases in stocks like Zhongji Xuchuang and Lixun Precision [8][9]. Technical Indicators - A MACD golden cross signal has formed, indicating positive momentum in certain stocks [10].

科创板融资余额环比前一日增加25.25亿元，其中，25股融资余额环比增加超5000万元，融资净买入居 前的有澜起科技、中芯国际、海光信息等股。 证券时报·数据宝统计显示，截至1月15日，科创板两融余额合计2915.88亿元，较上一交易日增加25.12 亿元，其中，融资余额合计2905.65亿元，较上一交易日增加25.25亿元。为连续4个交易日增加。 科创板股中，最新融资余额超亿元的有505只，其中，融资余额在10亿元以上的有60只，融资余额在 5000万元至1亿元的有67只，融资余额低于5000万元的有22只。 与前一交易日相比，科创板融资余额环比增加的共有337只，融资净买入超千万元的共有116只，融资净 买入在500万元至1000万元的有63只，融资净买入在100万元至500万元的有113只，融资净买入不足百万 元的有45只。融资余额环比减少的科创板股中，减少金额超千万元的有82只，减少金额居前的有中科星 图、复旦微电、成都先导等，融资余额分别减少1.67亿元、1.17亿元、8675.93万元。 获融资客净买入超5000万元的科创板股中，当日平均上涨0.44%，涨幅居前的有芯源微、源杰科技、佰 维存储等， ...

SHMET 网讯：1月15日晚间，洛阳钼业（603993）披露业绩预告，经财务部门初步测算，预计2025年 度实现归属净利润为200亿元到208亿元，同比增长47.8%到53.71%；预计2025年度实现扣非净利润为 204亿元到212亿元，同比增加55.5%到61.6%。洛阳钼业表示，公司2025年业绩同比大幅上升的原因系 公司主要产品量价齐升、运营成本有效管控。 记者翻阅公司财报发现，即使按公司预计的最小值200亿元来算，2025年归母净利润也已创下公司上市 以来的最好业绩。 分季度来看，公司2025年前三个季度的归母净利润分别为39.46亿元、47.25亿元、56.08亿元，同比增速 分别为90.47%、41.24%、96.40%。 据此计算，预计公司Q4归母净利润为57.2亿-65.2亿元，同比增长 8.77%-23.98%。 据公开数据，2025年洛阳钼业产铜量达74.11万吨，较上年多9万余吨。按产量指引中值计算，完成度为 118%，且全年铜产量呈逐渐走高之势，第四季度产铜近20万吨。 在贵金属价格持续飙升的当下，洛阳钼业2025年也频繁布局黄金资产。 在2025年4月，并购厄瓜多尔凯歌豪斯金矿（ ...

Core Viewpoint - Songguo Travel, a shared electric bike company, has submitted its IPO application to the Hong Kong Stock Exchange, aiming to become the first publicly listed company in the shared electric bike sector in Hong Kong. The company has carved out a niche in the competitive market by focusing on the underserved county-level markets in China, but it faces significant challenges in terms of policy, market competition, operational compliance, and business growth [1][3][11]. Market Position and Strategy - As of September 2025, Songguo Travel has deployed over 450,000 shared electric bikes across 422 cities and counties in China, capturing an 18.7% market share in the county-level market, ranking first [1]. - Despite its success in county markets, Songguo Travel holds only a 6.6% share of the overall market, ranking fourth among competitors, with the top three companies holding market shares of 23.7%, 22.0%, and 21.7% respectively [3]. - The company plans to expand its operations into higher-tier cities starting in 2024, which will expose it to fierce competition from established players like Hello, Meituan, and Didi Qingju [3][4]. Operational Challenges - In higher-tier cities, Songguo Travel's bikes are less visible and have lower usage rates compared to competitors, leading to a decline in order volume despite an increase in bike deployment [4]. - The company faces significant barriers to entry in these markets, including strict regulations and total quantity controls imposed by local governments [4][6]. Regulatory Environment - The shared electric bike sector operates under a challenging regulatory framework, with national guidelines discouraging the development of internet-based electric bike rentals. Many cities have outright bans or strict limitations on deployment [6]. - Songguo Travel's business model relies on operating in a "grey area" of local policies, with many of its deployed bikes lacking proper government approval [6][7]. Financial Performance - The company has shown signs of revenue stagnation, with total revenues of 953 million yuan and 963 million yuan for 2023 and 2024 respectively, and a slight decline in daily order volume from approximately 1.1 million to 1.01 million [10]. - Despite a slight profit of 26.4 million yuan in the first three quarters of 2025, the company acknowledges that maintaining profitability in the short term may be challenging [10]. - The company's valuation has decreased from a peak of 1.382 billion USD in 2021 to 996 million USD in 2025, reflecting a nearly 30% drop [10]. Competitive Landscape - Songguo Travel's unique value proposition lies in its localized operations in county markets, but it lacks the ecosystem synergies that larger competitors possess, which can leverage shared services to enhance user engagement [11]. - The upcoming IPO is seen as a critical step for the company to secure capital and address competitive pressures, but it faces numerous challenges from regulatory scrutiny and market competition [11].

Core Viewpoint - Songguo Travel, a shared electric bike company, has submitted its IPO application to the Hong Kong Stock Exchange, aiming to become the first publicly listed company in the shared electric bike sector in Hong Kong. The company has carved out a niche in the overlooked county market, but faces significant challenges in policy, competition, compliance, and growth as it seeks to expand into higher-tier cities [1][2][4]. Group 1: Market Position and Strategy - Songguo Travel has successfully penetrated the county market, holding an 18.7% market share in this segment, but its overall market share remains low at 6.6%, ranking fourth in the industry [1][2]. - The company plans to shift its focus to higher-tier cities starting in 2024, where it will face intense competition from established players like Hello, Meituan, and Didi Qingju [2][3]. - Despite increasing the number of bikes deployed, the company has experienced a decline in total order volume, attributed to its strategic pivot to higher-tier cities [3][4]. Group 2: Regulatory Environment and Compliance Issues - The shared electric bike sector is subject to stringent regulatory scrutiny, with national guidelines discouraging the development of internet-based electric bike rentals. Many cities have outright bans or strict limitations on operations [4][5]. - Songguo Travel operates in a "grey area," with many of its 422 operational cities lacking formal agreements with local governments. The company has acknowledged that it has not secured necessary approvals in several locations [4][5]. - Reports of non-compliance, such as unregistered bikes and unauthorized deployments, have emerged, raising concerns about the company's operational legitimacy [4][6]. Group 3: Financial Performance and Growth Challenges - The company has shown signs of stagnation, with revenues of 9.53 billion yuan and 9.63 billion yuan for 2023 and 2024, respectively, indicating minimal growth. The first three quarters of 2025 saw revenues of 7.46 billion yuan [7]. - Despite an increase in the number of cities, bikes, and registered users, the daily order volume has decreased from approximately 1.1 million at the end of 2023 to about 1.01 million by September 2025 [7]. - The company's valuation has dropped significantly from 1.382 billion USD in 2021 to 996 million USD in 2025, reflecting a nearly 30% decrease amid a challenging market environment [7][8]. Group 4: Competitive Landscape and Market Perception - Analysts note that while Songguo Travel has unique value as a standalone player, it lacks the ecosystem advantages of larger competitors, which can leverage shared bikes as part of broader service offerings [8]. - The upcoming IPO is seen as a critical step for the company to secure capital and address competitive pressures, but it faces numerous challenges, including regulatory hurdles and market saturation [8].

多只银行股暴涨。 当地时间1月15日（周四），美股三大股指全线上涨，截至收盘，道指上涨0.60%，标普500指数上涨0.26%，纳指上涨0.25%。 盘面上，银行股普涨，贝莱德、摩根士丹利涨近6%，高盛、花旗集团涨超4%。消息面上，摩根士丹利和高盛发布了远超市场预期的财报。 当天，多位美联储官员暗示将在接下来的议息会议上"暂停降息"，原因是劳动力市场似乎企稳，而通胀压力持续存在。 银行股爆发 当地时间1月15日（周四），美股三大股指全线上涨，截至收盘，道指上涨0.60%，标普500指数上涨0.26%，纳指上涨0.25%。 宏观数据方面，当地时间1月15日，美国劳工部发布的数据显示，截至1月10日当周，美国首次申请失业救济人数降至19.8万人，显著低于市场预期的21.5 万人，也低于前值20.8万人。这进一步缓解了市场对美国劳动力市场可能疲软的担忧，就业市场"招聘放缓但裁员未增"的稳定格局延续。 当天，多位美联储官员暗示将在接下来的议息会议上"暂停降息"，原因是劳动力市场似乎企稳，而通胀压力持续存在。 大型科技股多数上涨，台积电涨超4%，英伟达涨超2%，AMD涨近2%，亚马逊、博通、Meta小幅上涨；谷歌A、苹 ...

多只银行股暴涨。 当地时间1月15日（周四），美股三大股指全线上涨，截至收盘，道指上涨0.60%，标普500指数上涨0.26%，纳指上涨0.25%。 大型科技股多数上涨，台积电涨超4%，英伟达涨超2%，AMD涨近2%，亚马逊、博通、Meta小幅上涨；谷歌A、苹果、微软、特斯拉小幅下跌。 消息面上，台积电发布的季度业绩显示，得益于人工智能硬件需求的持续强劲，公司利润增长显著超越市场预期。财报显示，2025年第四季度，台积电净 利润为5057亿新台币，同比增长35%，创出新高；公司合并营收为1.46万亿新台币，同比增长20.5%，市场预估为1.03万亿新台币；营业利润为5649亿新台 币，同比增长32.7%，市场预估5272.3亿新台币；营业利益率为54%，市场预估50.9%；毛利率为62.3%，同比提升3.3个百分点，市场预估60.6%。 台积电预计，2026年第一季度销售额为346亿美元至358亿美元，超出市场预估的332.2亿美元。预计2026年第一季度毛利率为63%至65%，超出市场预估的 59.6%。此外，台积电预计，2026年以美元计销售额将增长近30%。 银行股普涨，贝莱德、摩根士丹利涨近6%，高盛 ...