Group 1: Hang Seng Index (HSI) - The Hang Seng Index (HSI) showed a slight upward movement on January 23, closing with an increase of approximately 100 points, indicating a neutral short-term trend with mixed market sentiment [1] - Current technical signals for HSI are neutral, with the index fluctuating around 26,700 points and a resistance level at approximately 27,100 points, while support levels are at 26,200 points and 25,800 points [1] - Investors are divided, with bullish investors holding call warrants with recovery prices of 25,788 and 26,428, while bearish investors are planning to buy put warrants with a recovery price of 26,900 [1] Group 2: Meituan-W (03690.HK) - Meituan-W's stock price has been weak, with a slight increase on January 23, closing at 97.5 HKD, while trading volume increased compared to the previous day [7] - Current technical signals show a predominance of buy signals, totaling 10, with resistance levels at 101.8 HKD and 105 HKD [7] - Investors are advised to avoid out-of-the-money products and consider near-the-money call warrants with exercise prices around 99-100 HKD, expiring in April 2025 [7] Group 3: Trip.com Group (09961.HK) - Trip.com Group's stock price has gradually recovered from a low of 446 HKD, closing at 485.4 HKD on January 23, although trading volume has decreased during this upward movement [13] - The current technical signals indicate a majority of buy signals, with 9 buy signals and 5 sell signals [13] - Investors are recommended to choose bull warrants with recovery prices between 382 and 457 HKD to mitigate risks [13] Group 4: Ganfeng Lithium (01772.HK) - Ganfeng Lithium's stock price reached 70 HKD on January 23, breaking through the upper band of the Bollinger Bands, with increased trading volume [19] - The technical signals currently show a predominance of sell signals, with 10 sell signals and 4 buy signals, suggesting caution for bullish investors [19] - Investors interested in put warrants are advised to wait for more suitable products to be issued due to limited options currently available [19] Group 5: Zhaojin Mining (01818.HK) - Zhaojin Mining's stock price slightly increased to 38.6 HKD on January 23, influenced by rising gold prices, but the market sentiment remains cautious [25] - Current support is around 35.5 HKD, with a resistance level at 41.4 HKD, which needs to be broken for further upward movement [25] - Investors should wait for confirmation of a breakout above the resistance level before making further investment decisions [25] Group 6: Xiaomi Group-W (01810.HK) - Xiaomi Group-W's stock price has been on a downward trend, with a slight increase to 36.2 HKD on January 23, accompanied by increased trading volume [30] - Current technical signals show a slight majority of buy signals, but the stock lacks momentum to surpass 50 HKD in the short term [30] - Investors are advised to avoid out-of-the-money products and consider near-the-money call warrants with leverage around 3 times, which are more suitable for current market conditions [30]

盘面上，商业航天板块回调，半导体、机器人、金融科技、AI算力、消费电子、固态电池概念股跌幅 靠前。黄金股掀涨停潮，煤炭、有色金属、油气板块齐走强，疫苗概念股逆势大涨。 具体来看，黄金股掀涨停潮，截至收盘，晓程科技20%涨停，湖南黄金、招金黄金、恒邦股份、中金黄 金等超10股涨停。 | 名称 | 涨幅� | 现价 | | --- | --- | --- | | 晓程科技 | +20.01% | 52.90 | | 湖南黄金 | +10.01% | 25.27 | | 招金黄金 | +10.01% | 21.43 | | 恒邦股份 | +10.00% | 18.92 | | 中金黄金 | +10.00% | 33.00 | | 西部黄金 | +9.99% | 37.75 | | 四川黄金 | +9.99% | 55.25 | | 湖南白银 | +9.98% | 18.08 | | 赤峰黄金 | +9.97% | 42.69 | | 山东黄金 | +9.94% | 55.74 | | 山金国际 | +9.93% | 37.98 | 商业航天概念股走势分化，信科移动跌超18%，邵阳液压跌超14%，昊志机电、亚光科技、 ...

受益于金价上涨，多家黄金相关企业预计2025年业绩同比增长。 目前，高盛最新报告已经将今年底黄金价格预测由每盎司4900美元上调至5400美元，因私人投资者及央 行的需求不断增强。高盛预计，今年各国央行每月将购买60吨黄金，同时随着美联储降息，ETF所购买 的黄金规模也会增加，进一步推升估值。华西证券最新研报预测，2026年金价涨幅或介于10%—35%， 而杰富瑞集团更是喊出6600美元/盎司的惊人目标。 世界黄金协会美洲CEO兼全球研究负责人安凯表示，展望2026年，黄金市场将进入多重力量交织、动态 平衡的新阶段。一方面，地缘经济不确定性依然高企，美元或将延续弱势，投资者和央行的结构性需求 有望持续为金价提供支撑。另一方面，全球经济复苏的可能性、利率周期的变化以及美元阶段性反弹等 因素，也可能对黄金价格形成一定压力。 1月25日晚，湖南黄金发布业绩预告，预计2025年净利润为12.7亿元—16.08亿元，同比增长50%— 90%。 此前，赤峰黄金曾于1月5日发布2025年度业绩预增公告，预计2025年度净利润为30亿元到32亿元，与上 年同期（法定披露数据）相比增长约70%到81%。主要原因为公司2025年 ...

热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 受益于金价上涨，多家黄金相关企业预计2025年业绩同比增长。 1月25日晚，湖南黄金发布业绩预告，预计2025年净利润为12.7亿元—16.08亿元，同比增长50%— 90%。 对于业绩增长，湖南黄金表示，报告期内，业绩上涨主要是公司金、锑、钨产品销售价格同比上涨。 无独有偶，招金黄金1月25日晚也发布2025年度业绩预告，预计净利润为1.22亿元—1.82亿元，上年同期 亏损12742.80万元。 招金黄金表示，业绩变动原因为主营业务扭亏，子公司斐济瓦图科拉金矿技改增产增效，叠加黄金价格 上涨，毛利润大幅提高。 此前，赤峰黄金曾于1月5日发布2025年年度业绩预增公告，预计2025年度净利润为30亿元到32亿元，与 上年同期（法定披露数据）相比增长约70%到81%。主要原因为公司2025年度主营黄金产量约为14.4 吨，主营黄金产品销售价格同比上升约49%，境内外矿山企业盈利能力增强。 紫金矿业2025年年度业绩也预喜。据紫金矿业公告，预计公司2025年净利润约510亿—520亿元，与上年 同期320.51亿元相比，将增加约189亿—199亿 ...

| 股票代码 | 股票简称 | 涨跌幅 | 权重 | | --- | --- | --- | --- | | 201899 | 紫金矿业 | 4.77% | 11.20% | | 600547 | 山东黄金 | 5.76% | 9.05% | | 600489 | 中金黄金 | 7.47% | 8.80% | | 6009888 | 赤峰黄金 | 6.36% | 6.73% | | 01818 | 招美矿业 | 2.59% | 6.40% | | 000975 | 山令国际 | 6.31% | 5.25% | | 02899 | 紫金矿业 | 5.05% | 4.74% | | 01787 | 山东黄金 | 4.25% | 3.65% | | 002155 | 湖南黄金 | 10.01% | 2.98% | | 000630 | 铜陵有色 | 6.85% | 2.90% | 截至2026年1月26日 09:38，中证沪深港黄金产业股票指数(931238)强势上涨5.80%，成分股老铺黄金上涨12.44%，湖南黄金上涨10.01%，豫光金铅上涨 9.98%，恒邦股份，白银有色等个股跟涨。黄金股票ETF基金(15 ...

港股有色金属股集体上涨，黄金白银股涨幅领先，其中，中国白银集团大涨超10%领先，赤峰黄金涨超 7%，珠峰黄金涨6.6%，紫金矿业涨5.3%，山东黄金涨4.8%，中国黄金国际、紫金黄金国际、灵宝黄金 均涨超4%，招金矿业涨3.3%。此外，赤峰黄金、紫金矿业、中国黄金国际、山东黄金、紫金黄金国 际、灵宝黄金均刷新历史新高价。 本文源自：金融界AI电报 ...

消息上，地缘政治动荡及降息预期推动贵金属价格屡创新高。早盘，现货白银站上108美元/盎司，日内 涨近5%；纽约期银站上108美元/盎司，日内涨6.58%；现货黄金涨1.52%，升破5060美元/盎司，续创历 史新高，本月累涨730美元，累涨近17%。 港股频道更多独家策划、专家专栏，免费查阅>>责任编辑：栎树 高盛最新研报将2026年底黄金价格预测从4900美元/盎司上调至5400美元/盎司，原因是私人投资者与各 国央行的黄金需求持续攀升。高盛预计，2026年各国央行每月将增持60吨黄金，叠加美联储降息的背 景，黄金ETF的配置规模也将同步增加，进一步推动黄金估值走高。 1月26日，港股有色金属股集体上涨，黄金白银股涨幅领先，其中，中国白银集团大涨超10%领先，赤 峰黄金涨超7%，珠峰黄金涨6.6%，紫金矿业涨5.3%，山东黄金涨4.8%，中国黄金国际、紫金黄金国 际、灵宝黄金均涨超4%，招金矿业涨3.3%。此外，赤峰黄金、紫金矿业、中国黄金国际、山东黄金、 紫金黄金国际、灵宝黄金均刷新历史新高价。 | 代码 | 名称 | 最新价 | 涨跌幅 √ | | --- | --- | --- | --- | | 0 ...

港股有色金属股集体上涨，黄金白银股涨幅领先，其中，中国白银集团大涨超10%领先，赤峰黄金涨超 7%，珠峰黄金涨6.6%，紫金矿业涨5.3%，山东黄金涨4.8%，中国黄金国际、紫金黄金国际、灵宝黄金 均涨超4%，招金矿业涨3.3%。此外，赤峰黄金、紫金矿业、中国黄金国际、山东黄金、紫金黄金国 际、灵宝黄金均刷新历史新高价。 高盛最新研报将2026年底黄金价格预测从4900美元/盎司上调至5400美元/盎司，原因是私人投资者与各 国央行的黄金需求持续攀升。高盛预计，2026年各国央行每月将增持60吨黄金，叠加美联储降息的背 景，黄金ETF的配置规模也将同步增加，进一步推动黄金估值走高。 | 代码 | 名称 | 最新价 | 涨跌幅 √ | | --- | --- | --- | --- | | 00815 | 中国白银集团 | 0.750 | 10.29% | | 06693 | 赤峰黄金 | 42.600 | 7.04% | | 01815 | 珠峰黄金 | 2.560 | 6.67% | | 02899 | 三十四年薪 | 42.580 | 5.34% | | 01787 | 山东黄金 | 48.360 | 4 ...

Core Insights - The report highlights a bullish outlook for the metals sector, driven by macroeconomic factors such as the Federal Reserve's interest rate cuts and a recovering global economy, particularly in China [3][44] - Key investment themes for 2026 include expanding demand for precious metals like gold and silver, improving fundamentals for aluminum and copper, strategic opportunities in rare earths, and supply-side disruptions due to overcapacity in certain sectors [3][4] Group 1: Precious Metals - The report suggests a long-term bullish view on gold, with expectations of price increases driven by anticipated interest rate cuts and geopolitical tensions, which enhance gold's appeal as a safe-haven asset [3][44] - Silver is also highlighted as a key investment opportunity due to its high price ratio to gold, indicating potential for significant price appreciation [3] - Specific companies to watch include Shandong Gold (600547.SH) and Zijin Mining (601899.SH), which are expected to benefit from increased production and operational efficiencies [4] Group 2: Industrial Metals - The report notes that aluminum and copper are set to see improved profitability due to lower production costs and increased demand, particularly in the context of infrastructure investments [3][4] - Companies such as Zhongfu Industrial (600595.SH) and Zijin Mining (601899.SH) are identified as having strong positions in the copper market, with expected profit growth [4] - The report emphasizes the importance of monitoring supply chain dynamics, particularly in copper, where inventory levels are shifting significantly [18][58] Group 3: Rare Earths and Strategic Metals - The report identifies rare earth elements as a critical area for investment, particularly in light of geopolitical tensions between the US and China, which may create opportunities for companies involved in rare earth mining and processing [3][4] - Companies like Northern Rare Earth (600111.SH) and China Rare Earth (000831.SZ) are highlighted for their potential to benefit from price increases in rare earth materials [4] Group 4: Energy Metals - The report discusses the rebound in lithium and nickel prices, driven by strong demand from the battery sector, with specific mention of companies like Tianqi Lithium (002466.SZ) and Ganfeng Lithium (002460.SZ) [4][27] - The expected growth in energy storage solutions is also noted as a significant driver for demand in these metals [4] Group 5: Overall Market Performance - The overall performance of the non-ferrous metals sector is noted to have outperformed the broader market, with a cumulative increase of 96.46% in 2025 compared to a 21.65% increase in the Shanghai Composite Index [33][35] - The report indicates that while the sector has seen significant gains, valuations are currently at historical averages, suggesting potential for further growth [35]

Group 1 - The core viewpoint of the articles highlights the increasing demand for gold driven by private investors and central banks, with Goldman Sachs raising its year-end gold price target from $4,900 to $5,400 per ounce [1] - As of January 2026, the China Securities Index for gold industry stocks shows mixed performance, with silver and non-ferrous metals leading gains, while gold stock ETF is priced at 2.05 yuan [1] - The World Gold Council reported that in 2025, gold prices set records 53 times, with global gold ETF inflows reaching $89 billion and total holdings climbing to a historical high of 4,025 tons [2] Group 2 - Dongguan Securities noted that gold's financial attributes are influenced by factors such as real interest rates, the US dollar index, and regional situations, indicating a strong resurgence of gold's financial properties [2] - The China Securities Index for gold industry stocks comprises 50 large-cap companies involved in gold mining, refining, and sales, reflecting the overall performance of gold industry stocks in mainland China and Hong Kong [2] - As of December 31, 2025, the top ten weighted stocks in the China Securities Index for gold industry stocks accounted for 63.58% of the index, with major companies including Zijin Mining and Shandong Gold [2]