随着港股地产板块异动飙升，公募旗下地产主题基金正迎来业绩拐点。 化工异动激活地产，产业链共振效应吸引公募基金 2026年开年，A股市场周期股属性凸显，化工板块持续获得基金经理的密集调研、加仓及研究覆 盖。在化工板块热度攀升的同时，与之强关联的地产板块，股价走势在近一个月内逐步回暖。 1月29日，港股地产板块迎来爆发行情，其中地产物业服务板块集体大涨3.46%，内房地产开发板 块涨幅更是高达10.44%。个股层面，碧桂园收盘上涨16.36%，贝壳公司上涨7.56%，合景泰富、 融创中国、富力地产、龙光集团的涨幅分别达到40%、29.13%、20.75%、18.66%。 泉果基金一位基金经理表示，房地产作为国民经济的重要支柱产业，其影响范围不仅局限于行业 自身，更辐射至上下游产业链及终端消费领域。若房地产市场未能实现企稳回升，或将对居民消 费意愿和宏观经济复苏进程产生负面影响，因此房地产行业的企稳回暖至关重要。 从产业链关联逻辑来看，地产行业与化工板块存在强共振关系，房地产开发建设涉及纯碱、烧 碱、PVC、橡胶、MDI、TDI等多种化工产品。具体而言，纯碱的表观消费量与房屋新开工面 积、地产竣工端数据高度相关；M ...

全球主要商品全线跳水。 北京时间1月30日早间，黄金、白银大幅跳水。现货黄金一度跌近5%，逼近5100美元/盎司。 现货白银跌一度跌近7%，跌破110美元/盎司。 伦铜跌超3%，伦铝跌超1%。 | LME铜 | 13133.0 | -485.0 | -3.56% | | --- | --- | --- | --- | | LME铝 | 3171.0 | -47.5 | -1.48% | 国内贵金属、有色金属期货亦同步走低。 | 名称 | 现价 | 涨跌 | 涨跌幅 | | --- | --- | --- | --- | | SHFE黄金 | 1161.90 | -56.98 | -4.67% | | SHFE自银 | 28565 | -1170 | -3.93% | | GFEX 6 | 625.35 | -89.50 | -12.52% | | GFEX知 | 481.25 | -45.30 | -8.60% | | SHFE铜 | 103810 | -2880 | -2.70% | | SHFE铝 | 24750 | -740 | -2.90% | | SHFE铅 | 16890 | -235 | -1. ...

此消息虽被证明不实，但这则传闻让市场对港股IPO的态度添了几分观望情绪，这背后，是市场 对部分企业上市质量、个别企业募资承压的思索与考量。 一边是内地企业赴港上市热潮持续升温，一边是"港股IPO设300亿市值门槛"的传闻扰动市 场，港股IPO成了近期的热点话题。 一位券商投行人士指出，300亿市值门槛对于当前的港股IPO而言并不现实，自去年赴港上市持续 升温以来，确实有一些资质一般、非热门赛道的企业发行成功，但募资难度不小；同时，申报热 潮下，保荐方业务负荷攀升的同时，申报质量有所下降，监管已关注，引发了市场的猜测。无论 政策是否变化，企业都要修炼内功，合规且优质的企业是任何市场都欢迎的对象。 传闻下各方更加审慎 传闻如一颗石子投入赴港上市这片湖面，漾开满池波澜，扰了拟上市企业、投行机构与资本市场 的万千心湖。 "虽然已被证伪，但不得不思考的是，当前在赴港上市热潮中确实存在一些客观情况，一是随着 上市企业增多，一些非热门赛道的企业，尤其还未在A股上市的公司，募资难度正在加大；二是 新上市申请激增的情况下，许多市场参与者，尤其是保荐人，承担了异常繁重的工作量，提交给 监管机构的部分文件质量欠佳，申报质量有所下滑 ...

Group 1 - The article discusses President Trump's recent threats regarding tariffs on goods from countries supplying oil to Cuba, declaring a national emergency [2] - Trump also criticized Canada for not certifying certain U.S. aircraft models, threatening to impose a 50% tariff on all Canadian aircraft sold to the U.S. if the issue is not resolved [2] - Following these developments, international gold and silver prices saw significant increases, reaching historical highs before experiencing volatility [2][3] Group 2 - The current prices for London gold and silver are reported at 5435.895 and 117.585 respectively, with percentage changes of 1.09% and 1.48% [3] - COMEX gold and silver prices are at 5466.4 and 117.260 respectively, with increases of 2.08% and 2.47% [3] - The U.S. dollar index has experienced significant fluctuations during this period [3]

责编：万健祎 现货黄金站上5500美元/盎司新高，国内足金饰品价格突破1700元/克。2026年以来，国际、国内 金价涨幅均超过15%，金价持续走高带动市场情绪升温，但热度背后，市场的一系列风险信号， 却在不断提醒着每一位投资者：追金有热度，更要防风险。 黄金走高并非偶然，全球避险需求升温、美元走势预判、各国央行持续购金，多重因素共同推动 金价上行。在普通投资者眼中，黄金历来是"硬通货"，不少人将其视作资产保值的选择，这也让 黄金投资从专业领域走向大众，甚至催生了部分线上黄金交易平台的非理性扩张。 与民间投资热形成鲜明对比的是，资本市场的理性警示已然到位。近日，多只黄金板块个股集中 发布风险提示公告。其中，中国黄金提示股价已显著偏离大盘，可能存在短期涨幅较大后的下跌 风险；四川黄金则明确警示金价波动、单一矿山经营等多重风险。 监管层的及时出手，更是为了防范市场过热带来的潜在风险。上海黄金交易所、上海期货交易所 即将上调黄金白银合约保证金与涨跌停板比例。这些举措看似是收紧了交易规则、强化了监管力 度，实是为了引导市场回归理性，保护投资者的合法权益。这既是对市场负责，也是对每一位投 资者负责。 对于普通投资者而言 ...

Group 1: New Stock Offerings - Two new stocks are available for subscription: Linping Development with a subscription code of 732284 and an issue price of 37.88 yuan per share, with a subscription limit of 0.75 million shares; and Electric Science Blue Sky with a subscription code of 787818 and an issue price of 9.47 yuan per share, with a subscription limit of 2.75 million shares [3] Group 2: Government Initiatives - The State Council released a plan focusing on six key areas to accelerate the cultivation of new growth points in service consumption, including transportation services, housekeeping services, online audio-visual services, travel services, automotive aftermarket services, and inbound consumption, along with three potential areas: performance services, sports event services, and experiential services [3] Group 3: Economic Indicators - The People's Bank of China reported that the weighted average interest rate for newly issued commercial personal housing loans in the fourth quarter of 2025 was 3.06% [5] - According to the World Gold Council, China's total gold investment and consumption demand reached 274 tons in the fourth quarter of 2025, a year-on-year increase of 18% and a significant 60% increase from the third quarter, with total annual demand reaching 1003 tons, a 6% increase year-on-year, marking the highest level since 2021 [5] Group 4: Industry Developments - China plans to expand its "Space+" future industries, with the China Aerospace Science and Technology Corporation leading the initiative to develop commercial space strategies, focusing on areas such as space digital infrastructure, resource development, traffic management, and space tourism [7] - The Beijing humanoid robot innovation center has launched a testing platform, which includes production lines and testing facilities capable of producing 5000 humanoid robots annually [7] Group 5: Company News - Apple reported a revenue of 143.76 billion USD for the first fiscal quarter of 2026, a 16% year-on-year increase, with earnings per share of 2.84 USD compared to 2.40 USD in the same period last year [10] - China Bank adjusted the margin ratio for silver deferred contracts from 48.26% to 50.8% [11] - Jiangfeng Electronics plans to acquire control of Kaide Quartz, with its stock suspended from trading starting January 30 [18]

金价、银价高位巨震。 当地时间1月29日，美股三大指数涨跌不一，纳斯达克指数跌0.72%，标普500指数跌0.13%，道琼斯指数涨 0.11%，大型科技股涨跌互现，纳斯达克中国金龙指数涨0.35%。 | 代码 | 名称 | 现价 | 涨跌 | 涨跌幅 | 句 | | --- | --- | --- | --- | --- | --- | | DJI | 道琼斯工业平均 | 49071.56c | 55.96 | 0.11% | | | IXIC | 纳斯达克指数 | 23685.12c | -172.33 | -0.72% | | | SPX | 标普500 | 6969.01c | -9.02 | -0.13% | | 黄金、白银价格出现急涨急跌的震荡。伦敦金现盘中一度从每盎司5500美元以上跳水至5100美元附近，当日振 幅近9%，随后又迅速反弹至每盎司5300美元以上。白银同样坐了趟"过山车"。 微软创六年以来最大单日跌幅 当地时间周四，微软股价下跌9.99%，报433.5美元，创下2020年3月以来最大单日跌幅。盘中微软股价一度下跌 超12%，市值一度蒸发约4300亿美元，已经超越了越南和芬兰等国家的 ...

1月29日，挪威央行投资管理（Norges Bank Investment Management）正式发布 2025 年年度投资报告。 数据显示，全球最大主权财富基金之一的挪威政府全球养老基金（Government Pension Fund Global，GPFG）在2025年实现15.1%的整体回报率，基金规模 于2025年12月31日达到21.268万亿挪威克朗（约合15.47万亿人民币）。 从基金规模变动细节来看，2025年基金会计收益达2.362万亿克朗（约1.72万亿人民币），但受挪威克朗对多国主要货币升值影响，汇率因素导致基金价值 缩水。同时，扣除管理费用后的资金净流入为319亿克朗，多重因素共同作用下，基金全年规模净增1.526万亿克朗。 从资产类别表现来看，权益类投资成为基金收益的核心驱动力。2025年，基金股票投资回报率高达19.3%，显著跑赢其他资产类别。其中，科技、金融及 基础材料板块表现尤为突出，贡献了权益投资的主要收益。挪威央行投资管理首席执行官尼古拉・丹根（Nicolai Tangen）在声明中强调："2025年基金交 出了极具说服力的成绩单，科技、金融与基础材料领域的优质股票持续 ...

Group 1 - The core viewpoint of the article emphasizes the strategic focus of China's major state-owned banks on enhancing their business strengths and aligning with national strategies for economic growth and risk management [1][5][7] - The Bank of China highlighted the importance of high-quality development through a correct performance outlook, global advantages, and effective risk management [3][10] - Agricultural Bank of China stressed its commitment to supporting rural revitalization and urban-rural integration by directing financial resources towards key areas such as agriculture and rural development [3][6] Group 2 - China Construction Bank aims to enhance collaborative efforts across various banking sectors, focusing on technology-driven financial services and supporting national technological independence [4][7] - Industrial and Commercial Bank of China emphasized the integration of investments in both physical and human capital, with a focus on expanding domestic demand and supporting small and medium enterprises [6][11] - All four major banks underscored the role of technology in risk prevention and management, with specific strategies to address credit risks and enhance overall asset quality [9][10][11] Group 3 - The banks are committed to implementing intelligent risk control systems to proactively identify and manage risks, ensuring stability in asset quality [8][11][12] - The emphasis on supporting national strategies and expanding domestic demand is a common theme across the banks, reflecting a unified approach to economic development [5][6][7] - The focus on enhancing financial services for rural areas and integrating urban and rural development is a priority for Agricultural Bank of China, aligning with broader national goals [3][4][6]

Group 1 - The core viewpoint of the article highlights the significant rise in non-ferrous metals and commodities, with specific price increases noted for copper, silver, and gold [1][2] - The article reports that WTI crude oil prices reached a peak increase of 5%, trading at $66.3 per barrel, influenced by geopolitical tensions involving Iran [2] - The Federal Reserve maintained the federal funds rate between 3.50% and 3.75%, while also raising its economic growth assessment, indicating a stable expansion of economic activity in the U.S. [2][3] Group 2 - Non-ferrous metals saw substantial price increases, with LME three-month copper rising by 10.32% to $14,437.5 per ton, and COMEX copper futures increasing by 9.45% to 6.485 cents per pound [1] - Other notable increases included LME three-month lead up by 1.96% to $2,056.5 per ton, zinc up by 5.90% to $3,562.5 per ton, tin up by 5.11% to $58,814.0 per ton, and nickel up by 4.24% to $19,045.0 per ton [1] - The article emphasizes that the current economic indicators suggest a stable job market and persistent high inflation levels, with the Fed closely monitoring risks to its dual mandate [2][3]