【导读】上午 A 股三大指数集体上涨，商业航天、 Sora 概念股大涨，石油天然气领跌 中国基金报记者 张舟 大家好，新的一周又开始了，基金君和你继续关注市场行情。 1 月 12 日上午， A 股三大股指集体上涨，沪指强势站上 4150 点，沪深两市 半日成交额超 2.3 万亿元，已 连续第 10 个交易日突破 2 万亿元。 截至午间收盘，沪指报 4151.14 点，涨 0.75% ，深证成指涨 1.31% ，创业板指涨 1.17% 。 AI 应用再度爆发 Sora 概念股强势走高 上午， AI 应用再度爆发， Sora 概念股强势拉升，多只概念股涨停。 个股掀 " 涨停潮 " 。其中，流金科技录得 30cm 涨停，拓尔思、易点天下、中文在线均录得 20cm 涨停，博瑞传播、国脉文化、视觉中国等录得 10cm 涨停。 | Sora概念 (文 | 盯盘 | 问财 | | --- | --- | --- | | 名称 | 分时 | 涨幅/现价 | | 流金科技 | | +29.92% | | 920021 | | 9.51 | | 拓尔思 | | +20.02% | | 300229 | | 26.44 | | ...

【导读】华夏基金旗下 38 只 ETF 集体更名 中国基金报记者 王思文 业内人士分析指出，在监管指引下完成更名后， ETF 产品的辨识度将显著提升。今后，投资 者只需输入标的指数关键词，即可快速区分不同基金公司发行的同类产品，这将极大提升交 易和配置效率，进一步推动 ETF 市场健康发展。 编辑：江右 从命名结构看， 38 只 ETF 扩位简称统一采用 " 投资标的核心要素 +ETF+ 华夏 " 的命名结 构，基金代码及其他名称简称均不变。 | | | 华夏基金旗下ETF更名情况一览 | | | --- | --- | --- | --- | | 产品类别 | 产品代码 | 原产品简称 | 新产品简称 | | 宽基 | 588820 | 科创 200ETF 基金 | 科创 200ETF 华夏 | | | 517170 | 沪港深 ETF | 沪港深 500ETF 华夏 | | | 512990 | MSCI A 股 ETF | MSCI A 股 ETF 华夏 | | | 159902 | 中小 100ETF | 中小 100ETF 华夏 | | | 159627 | A100ETF | A100ETF 华夏 ...

Market Overview - On January 12, A-shares showed mixed performance with the Shanghai Composite Index up by 0.25% and the Shenzhen Component Index up by 0.31%, while the ChiNext Index fell by 0.51% [2][3] - The total trading volume reached 1.17 trillion, with a predicted trading volume of 3.87 trillion, an increase of 716.2 billion [3] AI Sector Performance - The AI application sector saw a collective surge, with significant gains in cultural media, internet, and software sectors, while healthcare, precious metals, and aerospace military sectors also performed well [3][8] - Notable stocks in the cultural media sector included Yidian Tianxia, which hit a 20% limit up, along with Liou Co., Zhejiang Wenlian, and People's Daily, all reaching their daily limit [8][10] Software Sector Highlights - The software sector experienced strong fluctuations, with stocks like Zhongcheng Technology and Liujin Technology achieving 30% and 20% limit ups respectively [10] - Other notable performers included Xingtu Measurement and Parallel Technology, which also saw significant gains [10] Hong Kong Market Insights - In the Hong Kong market, major indices rose, with notable gains from Kingdee International, SenseTime, and Meituan [5][6] - Kingdee International rose by 9.74% with a market cap of 56.4 billion, while SenseTime increased by 4.86% with a market cap of 104.7 billion [6] Commercial Aerospace Sector Activity - The commercial aerospace sector remained active, with stocks like Tongyu Communication and Hangxiao Steel Structure achieving consecutive limit ups [15] - On January 11, China submitted an application to the ITU for frequency and orbital resources for 203,000 new satellites, marking the largest international frequency application in the country's history [16] Stock Performance of ZhiTe New Materials - ZhiTe New Materials achieved a 20% limit up on January 12, marking a total increase of 199% over six trading days [18] - The company stated that its main business operations have not changed, despite the significant stock price increase [20]

Core Viewpoint - The satellite industry is experiencing significant growth driven by policy, industry, and capital factors, with expectations for accelerated development and increased investment opportunities in the coming years [6][9][11]. Group 1: Market Performance - On January 12, the satellite industry continued its strong upward trend, with notable stocks like Xinke Mobile and Guoji Precision reaching their daily limit, and the satellite industry ETF (159218) rising by 3.8% [1]. - The satellite industry ETF has seen a net inflow of over 1.37 billion yuan in the past five days, with a single-day trading volume exceeding 1.2 billion yuan, setting a historical record [1]. - Since its launch, the ETF has achieved a cumulative increase of over 115%, becoming the first commercial aerospace "doubling fund" in the satellite theme sector [1]. Group 2: Industry Dynamics - The satellite industry is entering a phase of accelerated launches and network formation, with multiple catalysts such as reusable rocket launches and advancements in terminal applications [3][6]. - The manufacturing and launch capabilities are transitioning towards scalability, supporting the shift from "resource competition" to "global commercialization" [6][15]. - The industry is expected to see a doubling of satellite launches by 2026, with significant revenue and profit growth anticipated [12][19]. Group 3: Investment Strategy - Short-term investment focus should be on manufacturing and launching, while mid-to-long-term strategies should consider application development [8][19]. - The capital market is becoming a new battleground for commercial aerospace competition, with major companies preparing for IPOs [7][19]. - Investors are advised to participate through index-based tools, as the CSI Satellite Industry Index covers the entire industry chain and aligns with current development stages [20].

鲍威尔表示，他将继续恪守参议院确认的职责，以正直之心履行使命。 稍早前，据知情官员透露，美国哥伦比亚特区联邦检察官办公室已就美联储华盛顿总部翻修 项目，以及鲍威尔是否就该项目向美国国会作伪证一事，对鲍威尔展开刑事调查。 les & FR 点击下载中国基金报客户端 来源：央视新闻 据央视新闻消息，当地时间1月11日，美国联邦储备委员会主席鲍威尔表示，美国司法部已向 美联储发出传票，并威胁要就鲍威尔关于美联储大楼翻修的证词提起刑事指控。 鲍威尔在当天发布一份声明中表示，司法部1月9日向美联储发出了大陪审团传票，"威胁要就 我去年6月在参议院银行委员会听证会上的证词提起刑事诉讼。" 鲍威尔称此举为"借口"，并表示美政府旨在就降息问题对他施加更多压力。 鲍威尔说，此次 新威胁既非针对去年六月的证词，也非针对美联储大楼翻修工程，更与国会监督职能无关， 这些不过是借口。刑事指控的威胁，实因美联储并非追随总统的偏好而设定利率。 ■ 中国基金报内容矩阵 ■ 巅峰对话 投资热点说 ETF风向标 IPO情报站 fe o 1 ■ a a - 444 and 4 4 CHINAFUND CHINAFUND CHINAFUND CHI ...

【导读】本周 29 只新基金启动募集，被动指数基金仍是 " 主力军 " 中国基金报记者 王思文 新年伊始，全市场共有 29 只新基金在本周密集发行！ 募集目标定在 50 亿元的有天弘价值成长混合型证券投资基金、国泰恒生生物科技交易型开放 式指数证券投资基金、鹏华添鑫 90 天持有期债券型证券投资基金等。 被动指数基金仍是 " 主力军 " 本周（ 1 月 12 日 —1 月 16 日），全市场共 29 只新基金面向投资者公开发行。 从发行特点看，本周新基金的发行主力仍是被动指数型基金。同时，新基金的认购天数有所 缩短，多数新基金选择在两周内完成募集。在募集目标上， 20 亿元、 50 亿元、 80 亿元的 新基金居多。 29 只新基金在本周发行 Wind 数据显示，本周 29 只新基金中， 18 只在周一启动发行，占本周新基金总数的 62% ；周二、周三、周四、周五分别有 4 只、 5 只、 1 只和 1 只基金开始认购。 从认购天数来看，本周新基金中，认购天数较长的达到 90 天，为明亚多元配置三个月持有期 混合型基金中基金（ FOF ）。 其余新基金认购天数均在一个月以内，多数选择在两周内完成募集，较去年下 ...

Core Viewpoint - The article emphasizes the investment philosophy of a seasoned investor, Gang Dengfeng, who focuses on long-term value creation through a solid research framework and macroeconomic understanding, particularly in the context of China's economic transition and the opportunities in technology, new energy, and cyclical industries [1][10]. Group 1: Investment Philosophy - Gang Dengfeng has developed an investment framework that combines macroeconomic research with industry analysis, focusing on capturing industry trends to identify investment opportunities [1][4]. - The core selection criteria for stocks include "good companies," which are defined by their competitive advantages, business models, governance structures, and profitability [4][5]. - The investment approach has evolved to emphasize the importance of industry trends, recognizing that companies in upward-trending industries can leverage their competitive strengths to generate shareholder returns [5][7]. Group 2: Market Outlook - The current economic transition in China is nearing completion, with diminishing impacts from real estate shocks and a more diversified export structure, creating a favorable investment environment in A-shares and Hong Kong stocks [10][11]. - The focus for future investments will be on three main areas: technology, new energy, and cyclical stocks, with technology being the most critical driver of the upcoming bull market [11][12]. - In the technology sector, key areas of interest include consumer electronics benefiting from AI integration, domestic computing power infrastructure, and AI-driven products in the internet and software space [11][12]. Group 3: Industry Insights - In the new energy sector, there is a focus on the lithium battery supply chain, which is expected to experience growth due to strong demand for energy storage, with certain material segments entering a price increase cycle [12][13]. - The cyclical sector, particularly non-ferrous metals, is showing strength due to improved supply-demand fundamentals, with industrial metals like copper and aluminum expected to see price stability and potential upward trends [13]. - Traditional industries such as chemicals and paper are also showing signs of recovery after capacity reductions, leading to improved competitive dynamics and potential price elasticity [13].

【导读】两只产品提前结募，FOF市场持续火热 中国基金报记者 张玲 2026年开年以来，公募FOF市场亮点纷呈，不仅产品业绩表现亮眼，发行端也备受资金青 睐，节后首周便有2只FOF提前结募。 业内人士表示，近年来，公募FOF通过多元配置控制回撤、提升收益稳定性的能力逐步得到验 证，增强了其对资金的吸引力。2026年，在"理财搬家""养老刚需""工具升级"三重因素下， 公募FOF仍有较大发展空间，并有望成为资产配置体系中的核心产品之一。 业绩表现亮眼 两只公募FOF提前结募 Wind数据显示，在过去的2025年，公募FOF单位净值增长率悉数为正，均值达14.95%，并 有多只超50%。 发行市场方面，元旦假期后首周，2只公募FOF相继提前结募。其中，1月5日，万家启泰稳健 三个月持有混合FOF发售仅一天便提前结束募集，成为2026年开年首只"日光基"；广发悦盈 稳健三个月持有混合FOF实际募集期也仅有2天。 拉长时间来看，自2017年首只产品成立以来，公募FOF曾一度受到资金热捧，2021年更是以 1194.86亿元的募集规模创下历史新高；然而基金总规模在2021年达到阶段高位后，便出现 持续下滑，直到2025 ...

Core Viewpoint - The article highlights the surge in spot gold prices, which reached a historical high of $4601.38 per ounce, driven by geopolitical risks and increased demand for safe-haven assets [2][6]. Group 1: Gold Market Performance - Spot gold prices have risen significantly, breaking through key levels of $4400, $4500, and $4550, ultimately reaching $4601.38 per ounce [2]. - As of the latest update, spot gold is reported at $4580.393 per ounce, reflecting a daily increase of 1.58% [2][3]. - The New York futures gold price also surpassed $4610 per ounce, currently reported at $4602.5, with a daily increase of 2.26% [3][4]. Group 2: Silver Market Performance - Spot silver prices have increased by 4%, reaching a high of $84 per ounce, marking a new historical peak [4][5]. - The latest report indicates spot silver at $83.527 per ounce, showing a rise of 4.72% [5]. Group 3: Geopolitical Influences - Rising geopolitical risks associated with Iran and Venezuela have reignited market demand for gold as a safe-haven asset [5][6]. - The strong performance of gold, silver, and platinum at the beginning of the year reflects a combination of geopolitical hedging, financial flows, and structural investment themes [6]. Group 4: Central Bank Activities - In 2025, global central banks have increased their gold holdings multiple times to enhance portfolio diversity and stability, contributing to the surge in international gold prices [6]. - Conversely, the US dollar index has been in a continuous downward trend since the beginning of 2025, leading to a declining share of the dollar in global foreign exchange reserves [7].

据CCTV国际时讯援引《纽约时报》当地时间1月11日报道，美国哥伦比亚特区联邦检察官办 公室已就美国联邦储备委员会华盛顿总部翻修相关事宜，对美联储主席鲍威尔启动刑事调查。 来源： CCTV国际时讯 ...