消息面上，高盛研报指出，该行昨日(8日)邀请了老铺黄金参加其亚太区消费与休闲企业日，老铺黄金 的管理层提出几个要点，包括集团管理层未见10月黄金产品涨价后带来销售压力，并注意到多个城市在 节日期间出现排长队情况。在元旦假期期间，老店及公司层面销售额录得高双位数、三位数的按年增 长；又认为品牌知名度、渠道扩张、升级及营运能力提升将支撑内地春节旺季的销售，且公司在库存、 营运方面比去年准备更充分。 花旗发布研报称，据该行在元旦假期内留意到的需求复苏及毛利率改善，对老铺今年展望更具信心。花 旗料消费者已消化产品提价，受行业广泛调整价格及去年12月起金价反弹所支持。报告称，长假期内的 推广亦刺激需求复苏。该行料强劲需求将持续至春节假期。花旗称老铺自去年11月底起毛利率已复苏至 40%以上，春节后有望进一步提价，料盈利能力高企状况可于今年延续。 老铺黄金 分时图 日K线 周K线 月K线 659.00 34.50 5.52% 7.21% 4.80% 2.40% 0.00% 2.40% 4.80% 7.21% 579.50 594.50 609.50 624.50 639.50 654.50 669.50 09:30 10 ...

| 股票名称 | 上一次空仓比 | 最新空仓比 | 增加值↓ | | --- | --- | --- | --- | | 蓝思科技(06613) | 7.51% | 9.88% | 2.38% | | 上美股份(02145) | 1.69% | 2.67% | 0.97% | | 优然牧业(09858) | 1.38% | 2.02% | 0.64% | | 招商银行(03968) | 7.16% | 7.77% | 0.61% | | 老铺黄金(06181) | 3.67% | 4.27% | 0.60% | | 东方电气(01072) | 17.51% | 18.09% | 0.58% | | 微创机器人-B(02252) | 1.06% | 1.53% | 0.47% | | 中国中免(01880) | 7.61% | 8.05% | 0.44% | | 农业银行(01288) | 1.86% | 2.30% | 0.44% | | 东阳光药(06887) | 4.01% | 4.43% | 0.43% | 未平仓空仓比减少最大的10只股票 智通财经APP获悉，截止1月2日，未平仓空单比位列前三位为万科 ...

花旗发布研报称，对老铺黄金(06181)展开30日正面催化剂观察，维持"买入"评级，目标价1,119港元。 据该行在元旦假期内留意到的需求复苏及毛利率改善，对老铺今年展望更具信心。花旗料消费者已消化 产品提价，受行业广泛调整价格及去年12月起金价反弹所支持。 报告称，长假期内的推广亦刺激需求复苏，该行料强劲需求将持续至春节假期。花旗称老铺自去年11月 底起毛利率已复苏至40%以上，春节后有望进一步提价，料盈利能力高企状况可于今年延续。该行料老 铺2025及26年收入同比升224%及36%至分别276亿及375亿元人民币，纯利同比分别升224%及47%至各 48亿及70亿元人民币。 ...

智通财经APP获悉，花旗发布研报称，对老铺黄金(06181)展开30日正面催化剂观察，维持"买入"评级， 目标价1,119港元。据该行在元旦假期内留意到的需求复苏及毛利率改善，对老铺今年展望更具信心。 花旗料消费者已消化产品提价，受行业广泛调整价格及去年12月起金价反弹所支持。 报告称，长假期内的推广亦刺激需求复苏，该行料强劲需求将持续至春节假期。花旗称老铺自去年11月 底起毛利率已复苏至40%以上，春节后有望进一步提价，料盈利能力高企状况可于今年延续。该行料老 铺2025及26年收入同比升224%及36%至分别276亿及375亿元人民币，纯利同比分别升224%及47%至各 48亿及70亿元人民币。 ...

高盛指，对2026年初步展望，管理层认为获利驱动因素包括：毛利率改善(即使考虑增值税、促销因 素，10月涨价后的毛利率仍可达到40%)、渠道扩张、客户群持续扩大; 而老铺黄金在行业中的领导地 位、综合能力是其竞争优势。此外，集团2026年的重点将放在门店网络的选址升级。 该行指，管理层对2025年推出的新产品表现感到满意，并相信品牌持续在重大节庆及活动期间推出新产 品，对于提升品牌竞争力具有战略重要性。 智通财经APP获悉，高盛发布研报称，昨日(8日)邀请了老铺黄金(06181)参加其亚太区消费与休闲企业 日，老铺黄金的管理层提出几个要点，包括集团管理层未见10月黄金产品涨价后带来销售压力，并注意 到多个城市在节日期间出现排长队情况。高盛基于2027年预测25倍市盈率，并以9.6%的股权成本折现 至2026年中，得出对老铺黄金的12个月目标价为1,088港元，评级"买入"。 在元旦假期期间，老店及公司层面销售额录得高双位数、三位数的同比增长;又认为品牌知名度、渠道 扩张、升级及营运能力提升将支撑内地春节旺季的销售，且公司在库存、营运方面比去年准备更充分。 ...

Group 1 - The Hong Kong Stock Exchange (HKEX) will launch six new stock options on January 19, 2026, expanding the stock options market and providing investors with more choices [2] - The new stock options will include Zijin Mining International (02259), WuXi AppTec (02359), BeiGene (06160), Lao Poo Gold (06181), Horizon Robotics (09660), and CanSino Biologics (09926) [2] - The average daily trading volume of the derivatives market at HKEX reached a record high of 1,662,751 contracts last year, representing a 7% year-on-year increase [2] Group 2 - Stock options, including monthly and weekly expiry contracts, were among the most actively traded products, with an average daily trading volume of 879,831 contracts, marking a 22% year-on-year increase [2] - The new stock options will have varying contract sizes, such as 200 shares for Zijin Mining International and BeiGene, and 500 shares for WuXi AppTec [3] - The launch will include contracts for multiple months in 2026, specifically January, February, March, April, June, September, and December for certain stocks [3]

Core Viewpoint - Hong Kong Stock Exchange (HKEX) will launch six new stock options on January 19, 2026, expanding the stock options market and providing investors with more choices [1] Group 1: New Stock Options - The new stock options will include Zijin Gold International (02259), WuXi AppTec (02359), BeiGene (06160), Lao Poo Gold (06181), Horizon Robotics (09660), and CanSino Biologics (09926) [1] - The contract sizes for the new options are as follows: Zijin Gold International (200 shares), WuXi AppTec (500 shares), BeiGene (200 shares), Lao Poo Gold (100 shares), Horizon Robotics (3,000 shares), and CanSino Biologics (1,000 shares) [2] Group 2: Market Performance - The average daily trading volume of HKEX's derivatives market reached 1,662,751 contracts last year, marking a 7% year-on-year increase and setting a new record [1] - Stock options, including monthly and weekly expiry contracts, were among the most actively traded products, with an average daily trading volume of 879,831 contracts, a 22% year-on-year increase and a new record high [1]

花旗发布研报称，据该行在元旦假期内留意到的需求复苏及毛利率改善，对老铺今年展望更具信心。花 旗料消费者已消化产品提价，受行业广泛调整价格及去年12月起金价反弹所支持。报告称，长假期内的 推广亦刺激需求复苏。该行料强劲需求将持续至春节假期。花旗称老铺自去年11月底起毛利率已复苏至 40%以上，春节后有望进一步提价，料盈利能力高企状况可于今年延续。 智通财经APP获悉，老铺黄金(06181)涨超5%，截至发稿，涨5.12%，报656.5港元，成交额10.03亿港 元。 消息面上，高盛研报指出，该行昨日(8日)邀请了老铺黄金参加其亚太区消费与休闲企业日，老铺黄金 的管理层提出几个要点，包括集团管理层未见10月黄金产品涨价后带来销售压力，并注意到多个城市在 节日期间出现排长队情况。在元旦假期期间，老店及公司层面销售额录得高双位数、三位数的按年增 长；又认为品牌知名度、渠道扩张、升级及营运能力提升将支撑内地春节旺季的销售，且公司在库存、 营运方面比去年准备更充分。 ...

截至2026年1月9日 09:48，中证沪深港黄金产业股票指数(931238)强势上涨1.21%，成分股老铺黄金 (06181)上涨3.28%，西部黄金(601069)上涨3.13%，山东黄金(01787)上涨2.45%，紫金矿业(601899)，华 钰矿业(601020)等个股跟涨。黄金股票ETF基金(159322)上涨1.22%，最新价报1.74元。 数据显示，截至2025年12月31日，中证沪深港黄金产业股票指数(931238)前十大权重股分别为紫金矿业 (601899)、山东黄金(600547)、中金黄金(600489)、赤峰黄金(600988)、招金矿业(01818)、山金国际 (000975)、山东黄金(01787)、紫金矿业(02899)、紫金黄金国际(02259)、湖南黄金(002155)，前十大权重 股合计占比63.58%。 消息面上，世界黄金协会发布报告，2025年全球黄金ETF创下年度资金流入历史新高，北美市场领跑。 2025年黄金ETF资产管理总规模翻倍以上增长，持仓量亦大幅上升，双双刷新纪录。12月黄金市场交易 量保持平稳，全年日均交易额达3610亿美元，创历史新高。 风险提示：基金 ...

Group 1 - CITIC Securities maintains a "Buy" rating for Huahong Semiconductor (01347.HK) with a target price of HKD 100, highlighting its leading position in specialty process wafer foundry and strong growth potential from capacity expansion and acquisitions [1] - CITIC Securities also maintains a "Buy" rating for SiHuan Pharmaceutical (00460.HK) with a target price of HKD 1.6, noting rapid growth in its medical aesthetic products and strong sales performance of new regenerative products [1] - GF Securities maintains a "Buy" rating for Yum China (09987.HK) with a target price of HKD 453.62, citing improved same-store sales and growth driven by new product iterations and marketing strategies [1] Group 2 - GF Securities initiates coverage on Laoputang Gold (06181.HK) with a "Buy" rating and a target price of HKD 775.64, emphasizing its leading position in handcrafted gold jewelry and strong growth potential from store expansion [2] - GF Securities initiates coverage on Yue Yuen Industrial (00551.HK) with a "Buy" rating and a target price of HKD 19.99, highlighting its status as the largest athletic shoe manufacturer and expected performance recovery [3] Group 3 - Cinda International maintains a "Buy" rating for Hesai Technology (02525.HK), noting its leadership in the global LiDAR market and significant growth in production and market share [4] - Zhongtai Securities initiates coverage on China Resources Land (01109.HK) with an "Accumulate" rating, reporting strong revenue and profit growth along with a healthy financial structure [5] Group 4 - First Shanghai initiates coverage on Jaxin International Resources (03858.HK) with a "Buy" rating and a target price of HKD 82.4, highlighting its world-class tungsten resources and strong profit growth potential [6] - Kaiyuan Securities initiates coverage on Beautiful Pastoral Medical Health (02373.HK) with a "Buy" rating, emphasizing its differentiated business model and effective customer acquisition strategies [7] Group 5 - CICC maintains an "Outperform" rating for Standard Chartered Group (02888.HK), noting better-than-expected Q2 2025 performance driven by significant growth in non-interest income [8]